98-037 Ordinance - Laserfiche WebLink

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omissions, or willful misconduct. 20) Reversion; Surrender to Lessor. Upon the expiration of this lease term, title to the improvements constructed on the demised real estate shail automatically revert to Lessor. However, if Lessor and Lessee enter into a new lease, or new term of lease, improvements located on the land which is the subject of the new lease shall not revert to Lessor until the conclusion of said new lease or new term of lease. At the expiration of the term, or in the event of a forfeiture or termination before the normal expiration, Lessee shall peaceable and quietly deliver up the demised real estate, together with all improvements thereon, to the Lessor in as good condition as they now are, or may hereafter be put, reasonable use and ordinary wear and tear excepted. However Lessee may remove all of Lessee's equipment and trade fixtures from said real estate. Any equipment or trade fixtures of Lessee not removed by Lessee within sixty (60) days after repossession of the demised real estate, whether at the expiration of the lease term or otherwise, shall be considered abandoned by Lessee and may be appropriated, sold, destroyed or otherwise disposed of upon prior notice to Lessee, and Lessee will pay Lessor, upon demand, all costs and expenses incurred by Lessor in removing, storing or disposing of any of Lessee's equipment. Lessee shall immediately repair any damage caused by any removal of Lessee's equipment and trade fixtures. 21) Quiet Possession. Lessor covenants with Lessee that the rents being paid in the manner and at the time herein provided and the covenants, conditions and agreements herein being all and singular kept, fulfilled and performed, the Lessee shall lawfully, peaceable and quietly have, hold, possess and enjoy said premises hereby leased during the term hereby ganted, without any hindrance, disturbance or molestation whatsoever from the Lessor or anyone claiming under Lessor. And the Lessor hereby warrants and agrees to defend said premises hereby granted unto said Lessee against the lawful claims of all persons whomsoever, excepting such as may result from the acts or defaults of the Lessee, Lessor warrants that the demised real estate is not now and shall not be as of the commencement date of this lease, subject to any mortgages or other liens. Lessor further warrants that Lessor has or will have prior to the execution of this 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 . 9.