2001-043 Ordinance - Laserfiche WebLink

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or otherwise by law, they shall be liable to Lessor thereafter for all attorney fees and other litigation expenses and costs, which Lessor incurs in any and all actions taken to evict Lessee from the Property. Item Two. Rent. In light of Lessee's promise to reside upon and care for the said real property prior to demolition of the buildings on the Property, and further to maintain the Property and pay all insurance obligations regarding the Property as hereinafter set forth, Lessee shall pay to Lessor no (0) rent for the term of this Lease. However, if Lessee is no longer entitled to reside upon the Property, either because the term as ended or because the month-to-month tenancy has ended, and Lessee remains upon the property, Lessor shall be entitled to recover from Lessee the reasonable rental value of the Property for any such periods. The parties expressly agree that the reasonable monthly rental value for the Property is One Thousand Five Hundred Dollars ($1,500.00). Item Three. Use, Maintenance and Repair of Premises. Lessee agrees to use the leased premises only as their personal residence, and to not assign this Lease or sublet the premises. Further, Lessee agrees that they shall not alter or make additions to the leased premises without the Lessor's prior written consent. Further, Lessee agrees they shall not do or permit any act or practice injurious to the leased premises or which may unreasonable disturb neighboring residents. Further, Lessee agrees that they will maintain the entire exterior and interior of the Ieased premises in a safe and sanitary condition, and will, at the conclusion, or earlier termination, of the Lease, return the leased premises to Lessor in as good a condition and repair as existed at the inception of the Lease, reasonable wear and tear, and exercise of salvage rights as set forth in the Purchase Agreement between Lessee and Lessor, excepted. Finally, Lessee agrees they shall make all repairs, major and minor, necessary to the leased premises during the term of this Lease, unless otherwise expressly provided in this Lease, at their own cost, regardless of whether the repair involves the interior or exterior of the premises. Item Four. Utilities. Lessee agrees that they shall pay all charges for utilities which serve the leased premises and which are incurred during the term of this Lease. Said utilities include, but are not limited to, electricity, gas, water, sewer, and telephone services. Lessee agrees that they shall maintain the accounts in their own name with each such utility service for payment of service used. Item Five. Insurance. Lessee agrees that they shall continue to carry casualty insurance on the leased premises during the term of this Lease. Lessee further agrees that they shall carry contents insurance for all of their personal property kept at the leased premises. Finally, Lessee agrees that they shall carry liability insurance on the Ieased premises with limits of not less than $1,000,000.00, naming Lessor as an additional insured. Item Six. Liens. Lessee agrees that they sha11 not place any liens or cause any liens to be placed against the leased premises during the term of this Lease. In the event that any such lien is placed against the leased premises, during the term of this Lease, Lessee agrees that it shall 2