6C (2) - Laserfiche WebLink

Home Browse Search

LEASE THIS LEASE (the or this "Lease ") is made by and between the City of South Bend, Indiana, Department of Redevelopment, acting by and through the South Bend Redevelopment Commission, (the "Landlord ") and CARL DUNCAN (the "Tenant ") as of the date of last execution hereof by Landlord or Tenant (the "Effective Date "). WITNESSETH: ARTICLE I. BASIC LEASE PROVISIONS 1.1. Basic Lease Provisions. The following basic provisions of this Lease (the "Basic Lease Provisions ") constitute an integral part of this Lease and are set forth in this Section 1.1 for the convenience of the parties. Each reference in this Lease to a Basic Lease Provision shall be construed to incorporate all of the terms provided for under such provisions. (a) Leased Premises: Defined in Section 2.1 hereof, consisting of approximately 1,423 square feet of "Floor Area." (b) Term: Initial Term of Six (6) Lease Months, with two (2) options of Six (6) months each to extend the Initial Term, all as provided for in Sections 3.1 and 3_2 hereof. (c) Tenant's Use: Retail Sale of licensed Notre Dame apparel and related items (d) Tenant's Trade Name: To be determined (or such other trade name taken by the Tenant) (e) Landlord's Address: 1200 County -City Building 227 West Jefferson Boulevard South Bend, Indiana 46601 (f) Tenant's Address: 1100 Chicago Avenue Goshen, Indiana 46526 Attn: Carl Duncan Facsimile Number: (g) Lease Month: A "Lease Month" shall mean each calendar month, beginning on the Commencement Date as defined in Section 3.1 (h) Security Deposit: An amount equal to the first month's Modified Gross Rent as security deposit shall be due upon signing of lease. (i) The Building: Michigan Street Shops, commonly referred to as 117 — 131 S. Michigan St, South Bend, Indiana, as more particularly described in Exhibit A, and depicted in Exhibit B, each attached hereto and made a part hereof. 0) Effective Date: The date of last execution hereof by Landlord or Tenant. (k) Delivery Date: The date to which possession is delivered to the Tenant as determined in Section 4.1.