1999 027 Ordinance - Laserfiche WebLink

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guests, or invitees,. and if the casualty is an insured casualty, the premises will be repaired by the Lessor within a reasonable time, provided that the time period for repair will not commence until insurance proceeds are received by the Lessor. In case of a partial loss or destruction, there will be an abatement of rent corresponding with the time during which,' and to the extent to which, the leased premises are untenantable. Notwithstanding the above, if the leased premises are damaged to the extent that Lessor shall decide not to rebuild, the term of the Lease shall end and the rent shall be prorated up to the time of the damage. Section 13 SECURITY DEPOSITS Included within the rent section of this agreement, and in the total amount payable in advance, Lessor acknowledges the receipt of the sum of Eight Hundred Dollars ($800.00) as a security deposit for the faithful performance of the Lease, which shall be returned to Lessees upon faithful performance of this Lease. Further, Lessor also acknowledges receipt of the sum of Five Hundred_ Dollars ($500.00) as a pet deposit for the faithful performance of this Lease, which shall be returned to Lessees, so long as no damage has been caused to the premises by such pet. Section 1.4 SURRENDER OF POSSESSION AT TERMINATION OF LEASE At the expiration of the Lease term, Lessees shall leave and surrender the premises in as good of a state and condition as it was in at the time of the commencement of the Lease, reasonable use and wear of.the premises and damages by the elements excepted. Section 15 DEFAULT In the event any action is instituted at law to enforce any covenant contained in this Lease agreement or to recover possession of the premises for any default or breach of this Lease by the Lessees, Lessees shall pay reasonable attorneys' fees as may be determined by the Court. Section 16 BINDING EFFECT ON SUCCESSORS AND ASSIGNS The covenants and conditions contained in this Lease shall apply to and bind the heirs, executors, and legal representatives of the parties to this Lease, and all covenants shall be construed as conditions.