COM 0145.000 2000-2002 - Laserfiche WebLink

Home

No (3)8-1-003 061, consisting of four thousand (4,000) square feet, further descnbed and outlined in red on Exhtbtt "A" attached hereto and incorporated herein by reference TOGETHER WITH any and all easements and nghts-of--way that the Lessor has to provide access to the leased premtses, and parking spaces for patron and staff vehicles appurtenant to the leased premtses TO HAVE AND TO HOLD the same unto the Lessee, its successors and assigns, under the teems and conditions set forth 1 Term The term of this Lease shall be for twelve (12) months, commencing July 1, 2000, on a month-to-month basis, with an option to renew the term of this Lease for an additional four (4) yeazs, and an additional optton for a second four (4) year penod, subject to - ~ approval by the County Council The Lessee will be allowed to terminate this Lease tf Lessee builds its own building, upon giving one hundred eighty (180) days' notice. 2 Rent The Lessee shall pay as rent for said premises the sum of FOUR THOUSAND AND NO/100 DOLLARS ($4,000 00) per month, payable in advance on or before the first day of each month dunng the term of this Lease. 3 Real Prooertv Tax There shall be no real property taxes on area rented by Lessee 4 Late Fee. The rent required to be paid hereunder, if not paid within ten (10) days of the due date, shall bear a late fee equal to five percent (5%) of the delinquent sum due for each month or portion thereof that the sum is delinquent 5 Grace Penod• There shall be a grace period of one (1) months from the commencement of the teem of this Lease before any rent or common azea maintenance fee shall be owed by or due from Lessee to Lessor ' 2