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<br /> ^ ���j ����i��n e ��� � �j �� � �,� �
<br /> �_����.�L��1J ����1� ������ �
<br /> the Landlord by the Tenant
<br /> �-�-E C� �'�?-�s+�--vi`�-Crt �2r9r �n�
<br /> '� 5 �-Y��-����s�e�--R��� s�epe e�t �� ��e�w-�v�+-��e �__,�
<br /> � 6 e�' .t.��r �,� �f - - -- -- - --
<br /> i � � �� + • �3 .a A�„lT ti,tr +�,., m�r.,,�,+ � �
<br /> C��e,.��e� ���,.Q � s,its agent or representative of a
<br /> I ' statement th�.t the
<br /> � 9 alterationa , improvements and renovations to the demis�d premises o�hich are t
<br /> j � be made by I
<br /> � 10 tph�emTe�a,�nt?within six (6) months of the date of delivery of possession of the
<br /> � IMPROVE- 11 leasec�"Yiave beeri completed.Said statement sha11 be accompanied by certificate
<br /> ' MENTS or certificates �
<br /> SEFORE 12 of Tenant� s architect ,verified by the 3'enant � s accounting department evidenci g
<br /> OCCUPANCY the amount
<br /> ( 1 of obli�ations or expenses incurred by the Tenant in completin� said work.
<br /> I l� If the total cost of completing said v�ork sha11 be less than Twenty Thousand
<br /> i 1 ------------------------------------------- (�20�000.00) Dollars�
<br /> i 16 only the cost of said alterations, improvements and reno�rations as so evidenc d,
<br /> shall be paid
<br /> 17 to the Tenant �T �_� �a�� ��� ��-���=a�e-�e�l��r��- a �, ��, T.._a, _�.��
<br /> + 1� It. is further a,greed that the Tenant will exercise usual precautions to safe-
<br /> 1 �uard the !
<br /> i19 economical expenditure of sai�d funds, and that competitive bids �i�l be
<br /> � secured on all con- �
<br /> i 20 tracts. The Tenant, however shall no� be bound to accept the lowest bid in 1
<br /> i any instance, �
<br /> j 21 but in its sole discretion m�.y select the most favorable bid,giving due con- I
<br /> sideration to bidder' s
<br /> � 22 reputation, financial responsibility and completion date guaranteed. It is
<br /> i agreed tt�at the
<br /> � 23 expense of architectural services furnished by the Tenant ,including preparat' n
<br /> � of plane and
<br /> i 24 specifications , securing bids, letting contracts and supervision of work,sha �
<br /> � be included in �
<br /> i 2; the certified cost of the job, but�_such services shall not in any event ,exce Id
<br /> � six (6�0) percent
<br /> I 26 of tr�e entire cost of the vcork, exclu;ive of said architectural services. �
<br /> � 27(d) That in event Landlord fails to ' ' ' secure the pay-
<br /> �! 2� men� of said sum of t��enty thousand (�20,000.00) Dollars,
<br /> ; c9 in escrova� as provided herein, or in event the said escrow agent shall` fai� t
<br />' ' pay the said sum to
<br /> � 30 the Tenant upon presentation of certificates �.s provided herein, the Tenant,
<br /> in addition to a11
<br /> `? 31 other le�a.l or ea,uita.ble xemedies therefor or in conjunetion with any of the !
<br /> ; same,may- �but �
<br /> 1 32 shall be under no obligation so to do- complete said alterations,improvement
<br /> �� and r eno-
<br /> �; 33 vations , at its o�vn expense, and in. such event Landlord shall not be entitle
<br /> � to the additional
<br /> �
<br /> i 3�+ rent herein provided for and �he base rent shall be abated each month throu� -
<br /> ' out the term of
<br />� j 35 thi s leas e, by an amount equal to one-twelf th (1/12) o� ,s��—��� -� ��+ °� �
<br /> � ten (10)
<br /> 36 percent of Twer.ty Thousand -----(�20,000.00) Dollars, I
<br />'� , 37 or of such lesser sum as sha11 h�,ve been actua11y expended by the Tenant. �
<br /> ! 3� ��)That the Landlord will, at his oa�n cost and expense maintain the sidev�alk , ,
<br />� � � alleys, �
<br /> i 39 areaways and exterior of the building or buildin�;s , including outside walls ,
<br /> i roof ,gutters, ,
<br /> I EXTERIOR 40 dovanspouts, �.nd pla�e glass, in good and tenantable eondition and repair,
<br /> _
<br /> i REPAIRS except that
<br /> 41 the Tenant �hall be liable fox the cost of aIl r epairs made necessary by
<br /> i reason of any �
<br /> � 42 act or omission of the Tenant. If �he Landlord shall fail or neglect so to
<br /> j do , after ten (10) I
<br /> 43 days varitten notice by the Tenant �of necessary repairs which the Landlord �
<br /> � is required here- �
<br /> 44 under to make, the Tenant may--but shall be und.er no obli�ation �o to do-- �
<br /> make such repairs I
<br /> �+5 and deduct the reasonable cost thereof from rent then or thereafter due.
<br /> I 46(f) That after the completion of the alterations, improvements and renovation
<br /> i to be
<br /> � INTERIOR �-7 inade �ithin the first six months after the delivery of possession, the Tenan
<br /> REPAIRB shall,�.t its own
<br /> 4� cost and expense,make al.l necessary repairs to the interior of the demised
<br /> premises and do all �
<br /> 49 decorating therein, provided, however, that the Landlord sha11 be liable for
<br /> the cost of all
<br /> i 50 xepairs and redecorati ng and for a11 injury and damage to persons and prop �y
<br /> in the demised
<br /> 51 premises caused by any act or omission of the Landlord or his agents or ser
<br /> vants or of any�
<br /> 52 other Tenant or Tenants in the buildin� of which demised premises are a par .
<br /> i Article 11 (f) In addition thereto the Tenant shall be responsible for keeping the sidev�alk
<br /> in front of the demised premises free from sno�a and ice.
<br /> 53 (g) That the Tenant shall have the right to make any alterations, improveme ts
<br /> or
<br /> I 54 additions to the demised premises for the purpose of its business or the bu�.�. �
<br /> � iness of its sub- �
<br /> � 55 tenants provided such alterations, improvements or additions are made in (
<br /> accorda,nce v�ith
<br /> 56 the requirements of pubii+c authorities having jurisdiction thereover , and
<br /> d h the
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