2012-031 Resolution - Laserfiche WebLink

Home Browse Search

EXHIBIT RESIDENTIAL LEASE This Lease made and entered into at North OLmsted, Ohio, this _ day of March, 2012, by a.nd between THE CITY OF NORTH OLMSTED, 5200 Dover Center Road, North Olmsted, Ohio (hereinafter referred to as "Lessor") and RONALD J. MAYLE and CHRISTINA MAYLE, 0£3827 Dovez Center Road, Narth Olmsted, Qhio (hereinafter referred to jointly as "Lessees"). LEASE Witnesseth: Lessor hereby lease to Lessees, and the latter Iets from the former, #he residential premuises located at 3827 Dover Center Road, North Olmsted, Ohio 44070 (hereinafter referred to as "the Property"), and described in Exhibit A and known as being Permanent Parcel No. 232-21-019. Item One. Term of Lease. The term of this Lease shall be for a term of ten (10) months, camxnencing on May 1, 2012, and terminating on March 1, 2013; in additian, the Lease may thereafter be continued from month to rnonth, at the Lessor's sole option, commencing on the 1 st da.y of March, 2413, for consecutzve, renewable thirty (30) day periods. The Lease sha11 fierminate effective March 1, 2013, and Lessee shall vacate Premises on or prior to said date unless Lessee exercises and issues written notice of said month to month extension. The parties agree that this Lease shall be limited to a single term of 10 months, subject to Lessor's option to extend by additional month to month thirty (30) day terms, subject however to renewal for additionai, consecutive thirty (30) day terms, Lessees agree to sunrender possession of the premises to Lessor and to promptly vacate said premises on or before March 1, 2013, unless that date is extended by Lessor in writing. Lessor shall issue Notice of Demolition on or before December 1, 2012, vvhich notification shall coincide with the termination date of this Lease, and sha11 provide nofification that the premises must be vacated and that Lessee shall surrender possession of the premises to Lessar not longer than ninety (90) days after issuance of said Notica of Demolition. Notice of Demolition sha11 be effective upon the date that same is hand delivered to and posted upon the Praperty, notwithstanding additional forms of publication and delivery by Lessor. Lessee expressly agrees that if he fails or zefuses to vacate and surrender possession of the Property to Lessor when required to do so by the termination date in this Lease and within ninety (90) days after Notice of Demolition, Lessee sha11 be subject to forfeiture of liqwidated damages in the amount of k'ive Thousand Dollars ($5,000.00), together with such additional damages otherwise provided by law. In addition, Lessee agrees to pay and shall be liable to Lessor thereafter for all attorney fees and other litigation expenses and costs, vvhich Lessor incuxs in any and all necessary actions taken to evict Lessee from the Property. The parties further agree that Lessee may surrender possession of the Property to Lessor, without penalty, at auy time during term of this Lease, provided that Lessor is given written notzce of termination and the premises is vacated.