, „n.,,�,�
<br /> . ;:, , , .
<br /> .�
<br /> :'�!'�p` „
<br /> ..'�' � ' . :..��M .
<br /> _ ..��.ta,� • �� . .. . r^ .re,-��i.
<br /> ,
<br /> . .. . .. .. _. . . , __....-- --......_.-- ._ . . ,. _ -- --
<br /> _ . ._. . . ._ .. _.
<br /> - ---.. ..-- � �-- -
<br /> . ._ . . . . ......... . . .. . " - �---t ----
<br /> ., � . ... - ' �1� �.-JF`u__
<br /> . ._ "" . . , � . ' '��'
<br /> ' , � . .
<br /> ,,
<br /> � . �
<br /> �
<br /> � s U on re uese of awn�r conduct ro 9? 1�i��i� ,
<br /> ,� t ) P 9 � p mouonal and advcrtising pragrams , . ,
<br /> ` ..,::�
<br /> relating to the Property.
<br /> � ` (t) Tako all other acdon reasonably necessary or appraprdate to operate
<br /> the Property in a manner xeasonably c�alculated to produce maximum pro8t to
<br /> Ownar.
<br /> ,���;�'
<br /> (u) Manager will at aU tlnnnnea fulfill all obligadona of a 8duciary to Uwner, � =�:W=.�
<br /> ' and will perform all af its dudes hereunder in accordence wlth high standards for - �
<br /> first�class Property management. 'u====
<br /> . ::,f=+_--
<br /> Manager shall not do any of the following: ;.y�__-
<br /> �1 Enter into an seivice contract which is not cancelable by Ouvner on 30 � ��``�''�•-
<br /> � y �.,_r�`•_
<br /> days notice(unless Managcr shall have received tho prlor vurltten consent of Owner). �
<br /> ;��K'.:.
<br /> (2) Enter into any conuact or group or series of related contracts (except �r:�M
<br /> for commissions with broker for comnaissions on leases)which,in the aggregctta, csll
<br /> for total payments in excess of 510,000.00 (unless Manager shall have rece�ved tha
<br /> , prior written consent of Ow�ner).
<br /> - (3) Instituta any legal acti�n wIthout Owner's consen�
<br /> �'�'
<br /> .
<br /> _ � (4) Execute any deed, note, mortgage or other inatrument of security
<br /> ,�," intended to be binding on Owner. �-T
<br /> `;`.t;-:. :�� �__
<br /> ��`°;�;.,;�7 Manager will perform its duties in a diligent, careful and professionel manner to —
<br /> — �. , maximize all potential revenues to Owner and to minimize expenses and losses ta Owner. ¢�--
<br />_—-- Manager will at all times act in good faith, in a commercially reasonable manner and in a °_
<br /> =;��;;�r::. Sduclary capaciry with respect to the proper protection of and accounting for Owner's asseta. :�__
<br />�� ��''�� Manag�r wlll indemnify and hold Owner harffiless from any and all costs,expenses�damages� ""
<br /> _-�-.�-,:-,-Y'V, -.
<br />_��:��_'�� liabilities and claims(including costs of defending against any of such matte�rs)ar3sing from =�=
<br />��_�«�
<br /> the fs�ilure of Manager to�erform its dudes as herein descrIbed or the failure of Manager `��
<br /> _- _=�r' � . to com 1 with an terjm or rovision of t�is !�=T
<br /> -:�,.sy.,.� �� P Y Y p Agreement; provided such failure was not —
<br /> �����x�.-� caused by Ovv�acr or by a c�yse de�ned as Fores M�jeure herein and provided further that —
<br /> -�... —
<br /> ?i ��•�' Owner shall have advanced Manager s�f�cient funds to gerformi si�ch oh!i�atiea+�, -- _
<br /> .� —_�� � —
<br /> �.._es�"..
<br /> a�r--
<br /> �;•,,
<br /> --��%ti� i.2 ases. Subject only to the limitations expressly set forth herein, Manager `
<br /> �:;�'"'`��:� shall have the fiill and absalute ri t to conduct aztd control all ne gotiations fo r l e a s e s� =�
<br />—�;;�,,�.,:.; 8t► �._--.
<br /> �_,.,_�:,�� subleases,amendments,modifications,assignments,renewals, compromises of account,and �l==��
<br />_•_���° � reinstatements. I�Ianagar will determine the necessity for and amount of security deposits� :T;:-
<br /> :;a � allowances,finish out,and concessions. Manager is h�reby authorized in the name of(hvner �°�:-
<br />_ to demand, collect, and give receipts for rent,together with�11 other incnme and clharges - ---
<br /> - . . payable under the leases and occupancy agreements (including, without limitation, all -
<br /> ==�T:�-;;.
<br /> :�.,
<br /> .�w,c-
<br /> � . -
<br /> _4 . --
<br /> - �:.� �.;:
<br /> ._�"". . ..
<br /> T �-.., ��:.;_.�,----�-_.,..z-:-:��..�--P--------- ----._�_.__��--�-.�,.�,�..�,Y.._.._.,.,.. ------ � .
<br />_ �r� --,';�-.�;� •
<br /> . �,
<br /> .. ,�
<br /> - . , ., � ., ��
<br />_ .
<br /> ,
<br /> .
<br /> r • . - -
<br /> - __ -�- -
<br />
|