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<br />^ [f this box is checked, Tenant shall pay all rental [o Landlord's Agent ai the following address: <br />N/A_._ - <br />LATE CHARGES <br />4. If Landlord faits [o receive any rent payment within _, fifteen (1~-days after it becomes due, Tenant shall pay Landlord, <br />as additional rental, a late charge equal to __ . five percent 5 _ (%) of the overdue amount or <br />$ _ _ N/A _ whichever is greater, plus any actual bank Pecs incurred for returned or dishonored checks. The parties <br />agree that such a late charge represents a fair and reasonable estimate of the cost Landlord will incur by reason of such late payment. <br />SECURITY DEPOSIT <br />5. Tenant shall deposit with Landlord or its Agent upon execution of this Lease $ - -_0 as a security deposit <br />which shall be held as security for the fall and faithful performance by Tenant of each and every term, covenant and condition of <br />this Lease. If any of the rents or other charges or sums payable by Tenant shall be over-due and unpaid or should payments be <br />made on behalf of Tenant, or should Tenant fait to perform any of the terms of this Lease, then t andlord or its Agent may, at <br />its option, appropriate and apply the security deposit, or so much thereof as may be necessary, to compensate toward the payment <br />of the rents, charges or other sums due from Tenant, or towards any toss, damage or expense sustained by Landlord resulting from <br />such default on the part of'the Tenant; and in such event Tenant shall upon demand restore the security deposit to [he original sum <br />deposited. In the event Tenant furnishes Landlord with proof that all utility bills have been paid through the date of Lease <br />termination, and performs all of Tenant's other obligations under this Lease, the security deposit shall be returned in full to Tenant <br />within thirty (.30) days after the date of the expiration or sooner termination of the term of this Lease and the surrender of the <br />Premises by Tenant in compliance with the provisions of this i.ease, The Security Deposit may be placed in nn interest bearing <br />account and any interest thereon shall be the property of the party holding the same, <br />^ If this box is checked, Agent shall hold [he Security Deposit and shalt be entitled to the interest thereon. <br />UTiL1TY BILLS <br />6. (a) Tenant shall pay the following utilities: Wafer, sewer,_electric and natufal gas (elf utilitiesZ_ __ <br />-- .. - <br />(b) Landlord shall pay the following utilities: N/A _ - <br />Responsibility to pay for a utility service shall include all metering, hook-up fees or other miscellaneous charges associated with <br />the installation and maintenance of such utility in said party's name. <br />COMMON AREA COSTS; RULES AND RGCULATIONS <br />7. If the Premises aze part of a larger building or group of buildings, Tenant shall p¢y as additional rental monthly, in advance, its <br />pro rata share of common area maintenance costs as heremafler more pazticularly set forth in the Special Stipulations (see Paragraph <br />38) The Rules and Regulations, if any, attached hereto are made a part of this Lease. Tenant agrees to perfomt and abide by these <br />Rules and Regulations, if any, and such other Rules and Regulations, if any, as may be made from time to time by Landlord. <br />USE OT PREMISES <br />8. The Premises shall be used for Parks and Recreation offices and warehouse _- . . <br />purposes only and no other.. The Premises shall not 6e u~-for any illegal purposes, nor in any manner to create any nuisance or <br />trespass, nor in any manner to vitiate the insurance or increase the rate of insurance on the Premises. In the event Tenant's use of <br />the Premises results in an increase in the rate of insurance on the Premises, Tenant shall pay to Landlord, upon demand and as <br />additional rental, the amount of any such increase. <br />Page 2 of 8 <br />STANDARD FORM 590-7 <br />© 712002 <br />Tenant Initials <br />Landlord Initials <br />Ttnsfwm piaducad byFOlrrrtll[?COl~Fame S°Ilware 8003]8-10tT <br />