Agenda - 05-18-2004-9e - Laserfiche WebLink

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^ Ifthis box is checked, Tenant shall pay all rental to Landlord's Agent at [he following address: N/A _ _ - LATE C13ARGES 4. If Landlord fails to receive any rent payment within _ ffffeen (1~_ days after it becomes due, Tenant shall pay Landlord, as additional rental, a late chazge equal to __ - five percent 5 _ (%) of the overdue amount or $ _ N/A _ whichever is greater, plus any actual bank fees incurred for returned or dishonored checks. The parties agree that such a late charge represents a fah and reasonable estimate of the cos[ Landlord will incur by reason of such late payment.. SECURITY llEPOS1T 5 Tenant shall deposit with Landlord or its Agent upon execution of this Lease $ _ - 0 as a security deposit which shall be held as security for the full and faithful performance by Tenant of each and every term, covenant and condition of 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 made on behalf of Tenant, ur should Tenant fail to perform any of the terms of'this Lease, them Landlord or its Agent may, at its option, appropriate and apply the security deposit, or so much thereof as may be necessary, to compensate toward the payment of the rents, charges or other sums due from Tenant, or towards any toss, damage or expense sustained by Landlord resulting from such default on the part ofihe Tenant; and in such event Tenant shall upon demand restore the security deposit to the original sum deposited. to the event Tenant furnishes Landlord with proof that all utility bills have been paid through the date of Lease termination, and performs all of Tenant's other obligations under this tease, the security deposit shall be returned in full to Tenant within thirty (.30) days after the date of the expiration or sooner termination of the term of this Lease and the surrender of the Premises by Tenant incompliance with the provisions of this tease. The Security Deposit may be placed in an interest bearing account and any interest thereon shalt be the property of the party holding the same. ^ Ifthis box is checked, Agent shall hold the Security Deposit and shall be entitled to the interest thereon. UTILITY BIhLS 6 (a) Tenant shall pay the fbllowing utilities: Water sewer,_eleet~ic and natu/21 pas (all utilitieS~ _ - - (b) Landlord shall pay the following utilities: N/A _ _. _ Responsibility to pay for a utility service shall include all metering, hook-up fees or other miscellaneous charges associated with the installation and maintenance of such utility in said party's name, COMMON AREA COSTS; RULES AND REGULATIONS 7. If the Premises are part of a larger building or group of buildings, Tenant shall pay as additional rental monthly, in advance, its pro rata share of common azea maintenance costs as hereinafter more particularly set forth in the Special Stipulations (see Paragraph 38), The Rules and Regulations, if any, attached hereto are made a part of this Lease. Tenant agrees [o perform and abide by these Rules and Regulations, if any, and such other Rules and Regulations, if any, as maybe made from time to time 6y Landlord, USE OF PREMISES 8. The Premises shall be used for Parks and Recreation of(iees and warehouse _ _ - puiposes only and no other. The Premises shall not be used for any Illegal purposes, nor in any manner to create any nuisance or trespass, nor in any manner to vitiate the insurance or increase the rate of insurance on the Premtses. In the even[ Tenant's use of the Premises results in an increase in the rate of insurance on the Premises, Tenant shall pay to Landlord, upon demand and as additional rental, the amount of any such increase, Page 2 of 8 STANDARD FORM 590-T © 7/2002 Tenant Initials Landlord Initials rmstom,goroceao-rFormv/atorramasoir~~,e eoaats~tas7