Commercial Lease With Deposit Receipt

COMMERCIAL LEASE WITH DEPOSIT RECEIPT- Page 1 PAID BY $ SUM OF THE IN THE FORM OF DOLLARS AS A DEPOSIT WHICH, UPON ACCEPTANCE OF THIS LEASE, SHALL BELONG TO LESSOR AND SHALL BE ALLOCATED AS FOLLOWS BALANCE DUE PRIOR TO OCCUPANCY TOTAL RECEIVED to Rent for the period from Security Deposit:: Other: TOTAL: In the event that this lease is net accepted by the Lessor within Lessee hereby offers to learn, from Lessor the promises situated in the off, of State of Described as Upon the following TERMS add CONDITIONS: days, the total deposit received shelf be refunded. County of 19 add exon. ad 19 1. RENTAL PERIOD The. Rental Period shall commence on payable as follows 2. RENT: The total rent shall be $ All rents shall be paid to Lessor or his authorized agent, at the following address: or at such other places as may be designated by Lessor from time to time. In the event rent is not paid within days after DUE DATE, Lessee agrees to pay a LATE plus interest of % per month on the delinquent amount. Lessee further agrees to pay $ for each returned check. CHARGE OF $ The late charge period is not a grace denied, and Lessor is entitled to mesa written demand for any rent it net paid when due. Any unpaid balances remaining after termination of occupancy are subject to 1.5% interest per month or the maximurn rate allowed by law. 3. USE: The premises are to be used for and for no other purpose, without prior written consent of Lessor. 4. PROHIBITED USE: Lessee shall net use any portion of the premises for purposes other than those specified above, and no use shall be made or permitted to be made upon the premises, nor acts done, which will increase the existing rate of insurance upon the property, or cause cancellation of insurance policies covering the property. 5. ASSIGNMENT AND SUBLETTING: Less.. shall not assign this lease or sublet any portion of the premises without prior written consent of the Lessor, which shall not be unreasonably withheld. Any such assignment or subletting without consent shall be void and, at the option of the Lessor, shall constitute a termination of the lease. 6. ORDINANCES AND STATUTES: Lessee shall comply with all statutes, ordinances, and requirements of all municipal, state and federal authorities new in force, or which may hereafter be in force, pertaining to the premises, occasioned by or affecting the use hereof by Lessee. 7. MAINTENANCE AND REPAIRS: Less.. acknowledges that the premises are in goes order and repair, unless otherwise indicated herein. Lessee shall, at his own expense add at all times maintain the promises in good and safe condition including system or equipment upon the premises and shall surrender the same at termination of the tenancy in as good condition as recover, normal wear and tear excepted. Topped shall be responsible for all repairs required, excepting the root, exterior walls, structural foundation, and: which shall be maintained by Lessor. Lessee shall also main tain in good condition such portions adjacent to premises, such as sidewalks, driveways, lawns and shrubbery as constitute pan of the rental property. No improvement or alteration of the premises, structural or otherwise, shall be made without prior written consent of the Lessor. Before the commencement of any substantial repair, improvement or alteration, Lessee shall give Lessor at least two (2) days written notice. Lessee shall not commit waste upon the premises, or any act which may disturb the quiet enjoyment of any other tenants. B. ENTRY AND INSPECTION Less.. shall permit Lessor or Lessor's agents to enter upon the premises at reasonable times add upon reasonable Pence, for the purpose of inspection, and will permit Lessor at any time within sixty (60) days prior to the expiration of this lease, to place upon the premises any usual 'For Rent' signs, and permit persons desiring to lease the same to inspect the premises during that time. 9. INDEMNIFICATION: Lessor shall net be liable for any damage or injury to Lessee, or any other person, or to any property, occurring on the demises premises and Lessee agrees to hold Lessor exempt from any claim for damages. 10. POSSESSION: It Lessor is unable to mesa available possession of the premises at the commencement of this lease, Lessor shall net be liable for any damage causes thereby, nor shall this lease be void or voidable, but Lessee shall net be liable for any rent otherwise incurred prior to taking possession. Lessee may terminate this lease it possession is not made available within days of the commencement of the term of this less.. 11 . INSURANCE: Lessee, at his own expense, shall maintain plate glass and public liability insurance, including bodily injury and property damage insuring Lessee and Lessor with the minimum coverage as follows: Lessee shall provide Lessor with a Certificate of Insurance showing Lessor as also being I The policy shall require a provision of ten (10) days written notice to Lessor prior to cancellation of said policy or material change of coverage. Lessor shall maintain insurance providing coverage as follows Lessor's insurance will net insure Lessee's personal property or leasehold improvements. 12. SUBROGATION To the extent permitted by insurance policies which may be owned by Lessor or Lessee, Lessee and Lessor, for the mutual demand, waive any rights of subrogation which would otherwise mist. 13. UTILITIES: Lessee agrees to be responsible for the payment of all utilities, including water, gas electricity, heat and other services rendered on the premises. 1 4. SIGNS: Lessor reserves the right to the of the premises. Lessee shall net construct any subjecting sign or awning without the prior consent of Lessor. 15. ABANDONMENT: Lessee shall net vacate or abandon the premises at any time during the term of this lease. It Lessee shall abandon or vacate the premises, or be dispossessed by process of law, or otherwise, any personal property belonging to Lessee left upon the premises shall, at the option of the Lessor, be deemed abandoned. 16. CONDEMNATION: It any part of the premises shall be condemned for public use, Lessee shall be required to pay such proportion of the rent for the remaining term as relates to the remaining value of the premises left inhabitable at the date of condemnation. However, Lessor may at his option, terminate this lease as of the date the condemner takes possession. It the demises premises are condemned in whole, or it such portion is condemned that the remainder