002-171 - Laserfiche WebLink

Browse

Remedies 17. Any failure on the part of the Tenant or of the Landlord to comply with any of the terms and conditions of this lease for a period of thirty (30) days after receipt by the party in default of written notice from the other party shall make this lease subject to forfeiture at the election of the party not in default; provided, however, if any default by either party cannot reasonably be remedied within thirty (30) days after notice of default (except pay- ment of rent) , then such party shall have the additional time necessary to remedy it before this lease can be terminated by the other. The Tenant may, but need not, make any replace- ments and repairs of an urgent nature required to be made by the Landlord and in such event shall be reimbursed therefor by the Landlord with interest at six per cent (6%) per annum. Any sums due the Tenant from the Landlord under any of the provisions of this lease or arising out of the Landlord's failure to comply with or perform any of the terms of this lease may be deducted from rent. Notices 18. All notices or requests under this lease shall be given by registered mail or telegram except notices concerning repairs or replacements which may be given in that manner or by ordinary letter, written notice or any other means which might reasonably be expected to give the other party notice. Notices to the Landlord may be addressed to the person to whom rent is payable at the address to which payments of rent were last sent. Notices to the Tenant shall be addressed to Montgomery Ward & Co., Incorporated, Chicago, Illinois, attention of the Secretary. Option to 19. In consideration of One Dollar ($1.00) paid by the Tenant to the Landlord, the receipt Execute and sufficiency of which are hereby acknowledged, the Landlord agrees that the Tenant shall have the option to execute this instrument at any time within sixty (60) days after receipt of the same duly executed by the Landlord. Authority 20. Employees or agents of the Tenant have no authority to make or agree to make a lease. This instrument and any changes or modifications thereof shall only be binding and effective on the Tenant when signed by a corporate officer. IN WITNESS WHEREOF, this lease has been duly executed in duplicate, under seal, as of, the da and year first hereinabove written. � r' AOA.,' /�,(�� (SEAL) Valeria Nielsen (SEAL) (SEAL) (SEAL) C� � p'�, .,�., r+ ••,ice .. WITNE SSES: f MO TGO / Ri�.W & CO., INC (i�IEI'.j y i` Vice P sident �� •''�i� Atte -- kssistant Secretary G1234 -1 _ 4