Fillable Commercial Lease Agreement (Page 4 of 7) in pdf

13. Building Rules.

Tenant will comply with the rules of the Building adopted and altered by Landlord from time to

time and will cause all of its agents, employees, invitees and visitors to do so; all changes to such

rules will be sent by Landlord to Tenant in writing. The initial rules for the Building are attached

hereto as Exhibit "A" and incorporated herein for all purposes.

14. Damage and Destruction.

Subject to Section 8 A. above, if the Leased Premises or any part thereof or any appurtenance

thereto is so damaged by fire, casualty or structural defects that the same cannot be used for

Tenant's purposes, then Tenant shall have the right within ninety (90) days following damage to

elect by notice to Landlord to terminate this Lease as of the date of such damage. In the event of

minor damage to any part of the Leased Premises, and if such damage does not render the

Leased Premises unusable for Tenant's purposes, Landlord shall promptly repair such damage at

the cost of the Landlord. In making the repairs called for in this paragraph, Landlord shall not be

liable for any delays resulting from strikes, governmental restrictions , inability to obtain necessary

materials or labor or other matters which are beyond the reasonable control of Landlord. Tenant

shall be relieved from paying rent and other charges during any portion of the Lease term that the

Leased Premises are inoperable or unfit for occupancy, or use, in whole or in part, for Tenant's

purposes. Rentals and other charges paid in advance for any such periods shall be credited on

the next ensuing payments, if any, but if no further payments are to be made, any such advance

payments shall be refunded to Tenant. The provisions of this paragraph extend not only to the

matters aforesaid, but also to any occurrence which is beyond Tenant's reasonable control and

which renders the Leased Premises, or any appurtenance thereto, inoperable or unfit for

occupancy or use, in whole or in part, for Tenant's purposes.

15. Default.

If default shall at any time be made by Tenant in the payment of rent when due to Landlord as

herein provided, and if said default shall continue for fifteen (15) days after written notice thereof

shall have been given to Tenant by Landlord, or if default shall be made in any of the other

covenants or conditions to be kept, observed and performed by Tenant, and such default shall

continue for thirty (30) days after notice thereof in writing to Tenant by Landlord without correction

thereof then having been commenced and thereafter diligently prosecuted, Landlord may declare

the term of this Lease ended and terminated by giving Tenant written notice of such intention, and

if possession of the Leased Premises is not surrendered, Landlord may reenter said premises.

Landlord shall have, in addition to the remedy above provided, any other right or remedy

available to Landlord on account of any Tenant default, either in law or equity. Landlord shall use

reasonable efforts to mitigate its damages.

16. Quiet Possession.

Landlord covenants and warrants that upon performance by Tenant of its obligations hereunder,

Landlord will keep and maintain Tenant in exclusive, quiet, peaceable and undisturbed and

uninterrupted possession of the Leased Premises during the term of this Lease.

17. Condemnation.

If any legally, constituted authority condemns the Building or such part thereof which shall make the Leased

Premises unsuitable for leasing, this Lease shall cease when the public authority takes possession, and

Landlord and Tenant shall account for rental as of that date. Such termination shall be without prejudice to

the rights of either party to recover compensation from the condemning authority for any loss or damage

caused by the condemnation. Neither party shall have any rights in or to any award made to the other by the

condemning authority.

18. Subordination.

Tenant accepts this Lease subject and subordinate to any mortgage, deed of trust or other lien presently

existing or hereafter arising upon the Leased Premises, or upon the Building and to any renewals,

refinancing and extensions thereof, but Tenant agrees that any such mortgagee shall have the right at any

Commercial Lease Agreement Page 4

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