18-73 Lease w/ Marwood for off street parking

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INDENTURE OF LEASE ~{IS I~DENTURE OF LEASE, made and entered into at Cleveland, Ohio, ;';// day of ~/ff_~-~,!~-~-'~,,~, 1963, by and between the CITY OF this '~- ' LIdCE~'JOOD, whose mailing address is 12650 Detroit Avenue, Lakewood, Ohio, hereinafter called "Lessor", and BEVLYN, INC., an Ohio corporation, whose mailing address is 14700 Detroit Avenue, ' Lakewood 7, Ohio, hereinafter called 'Lessee".; W I T N E $ S E TH: 1. Premises. Lessor does hereby let and lease unto Lessee the premises. (hereinafter referred to as the "Premises") described as follows: Situated in the City of Lakewood, County Of Cuyahoga, State of Ohio, being part of original Rockport Township, Section No. 22, and further described as follows: Beginning at the north easterly corner of'property deeded to the Warren-St. Charles Company by deed dated Maria 20,1959, and recorded in Volume 9484, Page 296, of Cuyahoga County Deed Records, which point is in the westerly line of St. Charles Avenue distant 5.89© 15.50" West 25 feet from a point in the center line thereof, which is distant North 0o 28' 43" West along said center line 349.18 feet from a monument marking a point of curve which is about 265 feet northerly from the center line of Franklin Avenue~ Thence, from said place of beginning South 89° 15' 50" West along the northerly line of land so deeded to Warren- St. Charles Company 149.80 feet; Thence, North 3° 07' 50" East, 220.95 feet.to the southerly line of land deeded to the Cleveland Land and Securities Company on August 31, 1954 and recorded in Volume 8088, Page 156 of the Cuyahoga County Deed Records; Thence, North 89° 15' 50" East along said southerly line 135.82 feet to the westerly line of St. Charles Avenue; Thence, South 0° 28' 43" East along the said westerly line of St. Charles Avenu~ 220.42 feet to the place of beginning. Lessor hereby agrees to remove from the Premises, prior to the date of commencement of this Lease hereinafter provided for, all parking meters owned by Lessor and presently installed on said Premises. 2. Use. Lessee shall use the Premises for. the parking of motor vehi.cles and for no other purpose, except that the Lessee shall have the right to construct building improvements over the premises and also the right to make such improvements thereto as may be necessary or incidental to parking purposes so long as the sane shall not reduce below fifty-.five (55) parking spaces the area available for such pa~ing.