|
��.
<br /> -a�r
<br /> ,,_.,�.� _ • . ..
<br /> . ,":"-".,�,,,�, --
<br /> ... '..(�N+�"�.'��� •�'�r1 .�._,S�_
<br /> ; : . _ . .. , _ . . ---
<br /> -- __. �—
<br /> � �}:R--
<br /> , „ .�`'a�;i;�==-
<br /> .. <� .. ' ., - _, ,. . �r.�v,.—=.
<br /> - . .. - . . ``w+�i�f'!ra�'. . ..
<br /> .. -... ' ti
<br /> . 9?-� 10���0 , .
<br /> � g,2 Owner's Default. Each of tDie following shall constitute an Owner's Dofault
<br /> . � .
<br /> ���� �� hereunder: .
<br /> (a) the failura of Owner to pay to Manager any amount due hereundes and �,,�
<br /> � the continuamce of such failure for thirty(30) days after written notice from Manager; . _ ,-,,:.
<br /> ������:
<br /> � O! ��ax _
<br /> Y the failure of Owner to comply with any other materIal provIsion of tY� ;�`;�-��
<br /> �, � Agrecment and the continuance of each failura for thirty (30) days after wrltten :;,�;.�
<br /> � noticr, from Manager to Owner. L-�=
<br /> �: ��w_.
<br /> ��:�
<br /> �:.:-
<br /> � Upon the occurrence of any Owner's Default, Manager shall have the rIght, at any time �,,,,�.,
<br /> within thirty (30) days thereafter, to glve notice to Owner terminating this ABreement,but __
<br /> ,� preserving all claims for undischarged monetary obligations (such terminadon right being [=�;�.�
<br /> Manager's sole and exclusive remedy for �n Owner's Default). e'
<br /> 5.3 I1�sce1laneous. Pxcept as provided herein to the contrary, al1 past duo --
<br /> � payments,whether due from Manager to�wner or due&om Owner to Manager,shall baar
<br /> interest, from maturAty until paid, at the rate of 10% per a�um. A termination of thia
<br /> Agreement by either Manager(for an Owner's Default)or Owner(for a Manager's Aefault)
<br /> shall not relieve eith�r party of any monetary obIigarion�wY�iz�ar,��u:.�P=i�Z��sh�l ha'a
<br /> " date of such tern�ination.In enfareing its remedies herewzder,the prevailing pe�c�ty
<br />` '=:'':�':,• ` the right to recover reasonable attomey'sfees and costs of court from the nonprc+reili�ag
<br /> -�t.� .. p�.
<br />_ _ .,
<br />-:::�:�� � 'VI.
<br /> .�=
<br /> -='�.=.. �T
<br /> ^..�.�.fi: �r•F �J�v�+
<br /> --.,_�.a.�.';- _ —
<br /> :___-��-_' 6.1 nsurance. Mauager shall cause to be carried insurance in sucb amounts astd
<br /> -=���•�'�l covering such risks as required by Owner. Marnager shall investigate and maka a timely
<br /> -��---� ='�3 written report to the inaurance carrier concerning all accidents, claims or potenti�l claims
<br />-_`;;���� for damage relRting to the ownership,operation ot maintenancc of the Property. ManaBor
<br /> �1�� � shall roaure such polic�.es on Owner's behal£ and, in any ever�t, shall be responsible for
<br />__�'�.,`S�A�- �•�' L Vl►V p.^g:r.�r stich����E�nn�Dwi►er's behalf and otherwise etysu�3ng thae samc camgly�Ith �
<br />---:--:�:,��'-
<br />-=-.:�°�„4:�'�'� the Owner's requirements. Any discount or rebate resulting there&om shall be property o
<br /> -°=�-��'�`` Owner. Manager shall maintain Public liability insurance and errors and omission�insurance
<br /> ``�=�'� for its own account,pro�►idin8 combined single limit insurance cqverage of not less that One
<br /> �""�`a,' and n�min Ovunsr as an additlonal insured.
<br /> _ .;,.��'„ , Million and No/100 Dollars (S1,OOO,OOU.IXI), 8
<br /> �--����Y• Manageg shall furnish whatever informauon is reasonably necessary for the purpos� of
<br /> -:..�,,.�,.. .
<br /> :.,''!...rrps.�
<br /> _;;�r ^ � .<��• � plscing insurance coverage or surety bonds and shall xid and cooperate in ev�ry reasonab e -
<br /> "�` way with respec Pt�uch P suranc p anpd any�lo�ur ther�=e d�er•m� lo�cat d thereon hall —
<br /> �'� ��,`'� - � covezing the Pro e or erson�l ro erty, ntlip
<br /> . ' � �
<br /> „�;.�'a"b"� � -14- �::
<br /> . , -� �_ �.�
<br /> --
<br /> :_ _---�_�.: -
<br /> .
<br /> ; . --
<br /> ,
<br /> ._.-_Y-�.-,,,. .+.�_....----
<br /> .__---�-----...--__ .._..�.
<br /> .v...,�...-...-�--__....
<br /> ---------� .
<br /> �,_,, _.�.�.�-------�--....___.
<br /> .---- -
<br /> — },e,�fe.�.
<br /> n . , .
<br /> . �� x _ . , " .
<br /> . . �� � �
<br /> . . .. __ •' . � ..v 1
<br />. .. . - . . ' - . .
<br /> ..�__ . .. _. - - .
<br />
|