|
r�,
<br /> � � '
<br /> �� �� ���L� 1\ �� V � �JL��.r ��� �
<br /> TxEAU6llfTINECO.72787 ' �
<br /> Lesaor shall, at 1ts o�ufl eost, maintain in �ood condition and repair the improvements and pers4nal
<br /> property hereby Ieased. Should said properties be destroyed, or be so damaged by Pire or other
<br /> casualty as to become untenantable, Lessor ahall have sixty (6�) days within Rhieh to rebuild or
<br /> replace said propertlea. In the event Lessor ahall �ail or refuse so to do, Leasee �ay terminate
<br /> this �ease. Rentale hereunder sha11 be abated during such time as Leasor shall fail to so maintain
<br /> and repair such improvement� and personal property, and/ar said premisea ahall be untenantable.
<br /> If Lessor shall fail or refuse to make repaira w�.thin a reasvnable time a�ter written notice from
<br /> Les�ee ,• then Lesaee may make repalrs immediately, at the expense oP Leesor, and deduct the amount
<br /> so expended fram the rents and sueh deductions made shall constitute rental payments to Lessor.
<br /> Lessee shall have the right and privile$e oP erecting,. placing, constructing, equipp�ng, maintaining
<br /> and operating on the demised premises and in connection with said etat3on any and all structures,
<br /> i�nprovements, applianees, containere and conveyora of whatsoever kind, on, under and above the
<br /> ground, it may deaSre to use or may require in operating, transacting, carrying on and eonducting
<br /> an said premises ita businesa oP atoring, distributin� and marketir� products of refined petroleun�.
<br /> Lessee shall have the right to m�ke proper eonnections with any and all water, gas, and sewer -liriee
<br /> and pipes on the demised premises, and may continue the use and servSce thereof during the term oP
<br /> this lease. Leasee shall pay for all water, gas and electric current consumed by Lessee while
<br /> occupying the demised premisea.
<br /> On the termination oP this lease by lapse oP tlme or otherwise, Leasee may, at ite option and at
<br /> its own expense, remove Prom the demised,�remises any a.nd aIl improvements and equipment of what-
<br /> soever nature placed or owned by it on the demised premises; and a2'ter such removal Bhall restore
<br /> the surface oP the ground to ita uniPorm, level ar�d even condition Pree from aIl excavations and
<br /> f rom debri s.
<br /> L�ssor agrees to Purnish to Lessee for examination an abatraet oP title to said premises, and it
<br /> is understood and agreed that this lease is not to be efPective and binding upon the Leasee unles�
<br /> said abstraet in the opinion of Leesee 's Attorney ahall show such tltle in Leesor as will authori�e
<br /> it to make and enter into this lease and to colleet and retain to ite own use and benePit all renits
<br /> and payments he��under, .free and elear of aIl claims and de�nanda a�ainst Lessee made by any persoz�
<br /> or partiee whomaoever. In the event said abatract shall not show auch titl.e and Lessee shall not
<br /> eleet to waive this requirement, this lease at the o,ption of Lessee shall become absolutely null
<br /> and void.
<br /> All notices herein provided Por shall be in _writing and may be $iven as provided by law, or in th�
<br /> follvwing m�.nner: Notice may be given Leasee by depositing same in the United States Re�istered
<br /> �Iail, _po�ta�e prep€a,id, in an envelope addreased to Lessee at 45 Nassau Street, New �ork, New York,
<br /> Notice may be �iven Lessor by depositing same in United States Registered D�ail, poata�e pre�aid,
<br /> in an envelope addressed to Leesor at the address to which rent is then being paid or delivered td
<br /> Lesaor in person and if there be more than one Lessor, then personal notice or notice by Register�d
<br />' D�ail to ane Leseor ahall cona�itute notice to a11. Lessors.
<br /> It is understood and agreed that if at any time during the term of this lease the use of said
<br /> premises as a gas�aline and oil filling and aervice station is prohibited, limited or reetricted b�r
<br /> City, County or State authorities, or by decree of any Court, or Por any other cause exeept on
<br /> � me d rin the term of this lease an ortio#�
<br /> an ti u
<br /> account of Lessee s Pault or neglect; or, if at y g Y p
<br /> vY the premisee herein demised be taken Por the widening of the street or streets upon which eaid
<br /> premises front, or for any other public improvement, and the remainin� portion of said premises
<br /> not eo t�,ken shall nat be suPficient far Lessee to conduct i�s busineas thereon, Leasee shali hav�
<br /> the option of terminating and c�.neelling this lease on and as of the date the right to maintain
<br /> said station is so denied or said premises are so t�,ken� and Lessee shall be the sole �udge of
<br /> whether the remaining premises ahall then be sufPicient for its businese needa and requirements; ; _ _._
<br />, y
<br />
|