18-73 Lease w/ Marwood for off street parking

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5. Taxes. Lessee agrees to pay, when the same are billed and due and pay- able, all taxes and assessments, if any~ levied or assessed against said premises during the term of this Lease commencing with and including such taxes and assessments for the last half of the year 1972. 6. Public Liability. Lessee will indemnify Lessor and hold Lessor harmless against all claims, demands and Judgments for'loss, damage or injury to property of person, resulting or occurring by reason of the use and occupancy of the Premises by Lessee. Lessee agrees to carry and pay for public liab~ility insurance in limits of $100,000 and $300,000 and $5,000 on account of damage to property, naming the Lessor as an insured, and to deposit memorandum copies of certificate of such policy with Lessor. Such policy shall provide that it may not be changed, cancelled, or terminated without ten (10) days written notice by certified mail to Lessor. 7. Use add Care of Premises. Lessee shall use and occupy the Premises in a careful, safe and proper manner, maintain the same in a ~lean and safe condition in accordance with local ordinances a6d lawful direction of proper public officials and shall not use or allow the Premises to be used for any purpose other than as specified herein nor permit the same to be used for any unlawful purpose. 8. Transfer of Lease. Lessee shall not sublease said Premises or any part thereof, nor assign this Lease, or otherwise alienate its leasehold interest, without in each case the written consent of Lessor first had, which consent shall not be unreasonablF withheld. 9. Default Clause. If Lessee shall at any time be in default in payment of rent herein reserved, or in the performance of any of the covenants, terms, conditions or provisions of this Lease, and Lessee shall fail to remedy such default within 15 days after receipt of notice thereof from Lessor in the event the default is as to payment of rent, or within 30 days after receipt of notice thereof if the default relates to matters other than the payment of rent, or if Lessee shall be adjudged a bankrupt or shall make an assign- ment for the benefit of creditors, or if the interest of Lessee in the Premises shall be sold under execution or other legal process, Lessor may, by notice to Lessee, terminate this Lease, or, without terminating this Lease reenter the Premises by su-,~mry proceeding or otherwise and in either event may dispossess Lessee. In the event of such reentry~ Lessor may relet the premises and apply the rent therefrom first to the payment of Lessor's expenses incurred by reason of Lessee's default and the expenses of reletting and them to the payment of rent and alii other sums due from Lessee here- under, Lessee remaining liable for any deficiency. 10. Vacation of.Premises. Lessee shall deliver up and surrender to Lessor possession of ~ ~re~ upon the expiration of the Lease or its termination, in any way in as good condition and repair as the same shall be at the c~mnencement of said term (loss bY ordinary wear and decay only excepted.) -3- 11. Termination. If at the expiration of the term of this Lease or any renewal thereof Lessee continues to occupy said Premises, such action shall constitute renewal of this Lease for a period of one (1) year upon the same terms and conditions, except that Lessor may, at its o~tion, cancel such renewal at any time dvring said year by giving to Lessee 60 days notice of its Intention to cancel.