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65-193 Ordinance
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65-193 Ordinance
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2/12/2014 10:24:42 AM
Creation date
2/10/2014 4:59:55 AM
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North Olmsted Legislation
Legislation Number
65-193
Legislation Date
8/16/1965
Year
1965
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the right at its e?.ection, then or at any time thereafter, and while such defaul=: <br />or defaults shall continue,, to give the Trustees notice of the City"a intentic:n <br />to terminate this lease and all the Trustees' rights hereunder, on a date specif~efi <br />fn such notice, which date shall not be less than ten (10) days after the date s;> <br />the giving of such notir_e and on the date specified in such notice, this lease <br />and all rights granted to Trustees hereunder shall r.ome to an end, and the Trur~- <br />tees hereby covenant peaceab.y and quietly to yield up and surrender to the !'ity <br />such leased premises and all structures, buildings, and improvements located <br />thereon. <br />Section 22. if the Trustees fail at any time to make any payment or <br />perform any act on their part to be made or performed hereunder, including the <br />procurement and maintenance of insurance as provided in Section 1~ hereof°, thers <br />the City may, but shall. not be obligated to do so, and without notice to or <br />demand upon the Trustees and without releasing the Trustees fram any of their. <br />' obligations under this lease or waiving any default, make such payment or per <br />form such act. A11 sums sa paid by the City and all costs and Incidental costb <br />and expenses in connection with such performance by the City shall b~= reimtur~fi <br />to the City by the Trustees on demand, and the City shall have, in addit.f.on tti> <br />any other right or remedy of the City$ the same rights and remedies as. in the <br />case of failure of the Trustees tca observe any of their other c«venants hereir; <br />as provided in Section 21 hereof. <br />Section 2?. At; the expiration of the term of this lease o:r a sooner <br />termination thereof, the Trustees will surrender and deliver up to the City the <br />demised premises and the improvements thereon in good repaid and condition, subw <br />,sect only to ordinary wear and tear. <br />Section 24, Any notice, permitted or required hereunder, sha11 be Ire <br />writing and shall be deemed to have been properly given by mailing sucks nfltice <br />by registered or certified mail, postage prepaid, addressed to such party as <br />follows; <br />.. 1Q <br />
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