98-037 Ordinance - Laserfiche WebLink

Home Browse Search

lease full right and authority by virtue of its charter and its ordinances in effect or enacted specifically for this transaction to enter into this lease, and that there are no restrictions or other conditions of title affecting the demised real estate which would prohibit the use of the demised real estate for the purposes set forth herein. 22) Contesting Va? of Taxes- Assessments- Etc. If the Lessee in good faith shall desire to contest the validity of any lien or the amount of any tax, assessment or charge required by lessee to be paid, the Lessee shall notify the Lessor in writing of the Lessee's intention to do so, and may thereupon defer the payment of any such tax, assessment or charge so long as the validity of any part thereof shall be contested by the Lessee in good faith and by appropriate legat proceedings. 23) Waivers to be in WritinQ. Lessor shall not be held to have waived any ofLessor's rights, privileges, powers or immunities under this lease unless the waiver thereof be made in writing. No waiver of any breach of any covenant, term or condition herein shall be construed to be a waiver of any succeeding or any future breach of the same or any other covenant, term or condition of this lease. 24) Default in Rent_ Etc. A. In the event any monthly installment of rent or any part thereof, or any other payments herein provided for, shall not be paid when due and shall continue unpaid for a period of thirty (30) days after written demand therefor, or in the event said Lessee shall fail to perform any of the other covenants, terms or conditions of this lease to be performed by the Lessee, and such failure shall continue for a period of thirty (30) days after written demand on Lessee for such performance, then the Lessor may at the Lessor's option elect one or more of the following remedies, where such multiple remedies elected are not inconsistent with each other: (1) sue for payment of the unpaid rents or other payments as they become due; (2) terminate this lease and work a forfeiture thereof, in which event every covenant, term and condition on the part of the Lessor to be performed, fulfilled and kept shall terminate as to all purposes whatsoever, and it shall be lawful for the Lessor to re-enter, repossess and enjoy the premises of the Lessor's former estate and interest therein; and (3) enter upon the premises, sublet the premises to third parties, and apply the net rents in partial or complete satisfaction of the obligations of the Lessee without causing a forfeiture of this lease. The election of remedies (2) and (3) above provided shall not 10