Fillable Commercial Lease Contract - Triple Net (Page 5 of 9) in pdf

good of the Premises or any building of which they are a part. During the last ninety (90) days of

this Lease, Landlord may display a "For Rent" sign on the Premises.

17.

DAMAGE BY CASUALTY. If, during the Term or previous thereto, the premises shall

be destroyed or so damaged by fire or other casualty as to become untenantable, then in such event,

at the option of Landlord, this Lease shall terminate from the date of such damage or destruction.

Landlord shall exercise this option to so terminate this Lease by notice in writing delivered to

Tenant within thirty (30) days after such damage or destruction. Upon such notice, Tenant shall

immediately surrender said Premises and all interest therein to Landlord, and Tenant shall pay rent

only to the time of such damage or destruction. If Landlord does not elect to terminate this Lease,

this Lease shall continue in full force and effect, and Landlord shall expeditiously repair the

Premises, placing the same in as good a condition as they were at the time of the damage or

destruction, and for that purpose, may enter said Premises. In that event rent shall abate in

proportion to the extent and duration of untenantablility. In either event, Tenant shall remove all

rubbish, debris, merchandise, furniture, equipment and its other personal property within five days

after the request by Landlord. If the Premises shall be slightly damaged by fire or other casualty,

so as not to render the same untenantable, then Landlord shall expeditiously repair the same and in

that case the rent shall not abate. Except for rent abatement as herein provided, no compensation or

claim shall be made by or allowed to Tenant by reason of any inconvenience or loss of business

arising from the necessity of repairing any portion of the building or the Premises.

18.

PERSONAL PROPERTY. Landlord shall not be liable for any loss or damage to any

merchandise inventory, goods, fixtures, improvements or personal property of Tenant in or about

the Premises.

19.

ALTERATIONS. Tenant shall not make any material or structural alterations or additions

in or to the Premises without the prior written consent of Landlord.

20.

UTILITIES AND SERVICES. Tenant shall furnish and pay for all electricity, gas, water,

fuel, trash removal, telephone, internet, T-1 and any services or utilities used in or assessed against

the Premises, unless otherwise provided.

21.

LEGAL REQUIREMENTS. Tenant shall comply with all laws, orders, ordinances and

other public requirements now or hereafter affecting the Premises or the use thereof, and Tenant

shall indemnify, defend and hold Landlord harmless from expense or damage resulting from failure

to do so.

22.

FIXTURES. Except for Tenant's personal property and trade fixtures, all buildings,

repairs, alterations, additions, improvements, installations and other non-trade fixtures installed or

erected on the Premises, whether by or at the expense of Landlord or Tenant, shall belong to

Landlord and shall remain on and be surrendered with the Premises at the expiration or termination

of this Lease. However, at Landlord's option, Tenant shall remove Tenant's alterations or

improvements prior to the expiration of this Lease and return the Premises to its original condition.

23.

TAXES ON LEASEHOLD. Tenant shall be responsible for and shall pay before

delinquency all municipal, county, or state taxes assessed during the term of this Lease against any

leasehold interest or personal property of any kind owned by or placed in, upon, or about the

Premises by Tenant.

Commercial Triple Net Lease 2010

Page 5 of 9

Commercial Lease Contract - Triple Net Page 5

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