2001-041 Ordinance - Laserfiche WebLink

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Iitigation 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 atl tax and insnrance 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 rentat value for the Property is One Thousand Two Hundred Dollars ($1,200.00). Item_Three. Use Maintenance and Repair ofPremises. Lessee agrees to use the leased premises only as ius personal residence, and to not assign this Lease or sublet the premises. Further, Lessee agrees that he shall not alter or make additions to the leased premises without the Lessor's prior written consent. Further, Lessee agrees he 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 he will maintain the entire exterior and interior of the leased 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 he 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 his own cost, regardless of whether the repair involves the interior or.exterior of the premises. Item Four. Utilities. Lessee agrees that he shall pay a11 charges for utilities which serve the leased premises and which are incurred during the term of this Lea.se. Said utilities include, but are not limited to, electricity, gas, water, sewer, and telephone services. Lessee agrees that he shall maintain the accounts in his own name with each such utility service for payment of service used. Item Five. Real Estate Taxes and Assessments. Lessee agrees that he shali continue to pay the real estate taxes for and any assessments against the ]eased premises wIuch accrue during the term of this Lease. Item Six. Insurance. Lessee agrees that he shall continue to carry casualty insurance on the leased premises during the term of this Lea.se. Lessee further agrees that he shall carry contents insurance for all of his personal property kept at the Ieased premises. Finally, Lessee agrees that he shall carry Iiability insurance on the leased premises with limits of not less than SW888)M naming Lessor as an additional insured. 2