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Lease Agreement - Charles Martin Office Space - South Bend Heritage Foundation
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Lease Agreement - Charles Martin Office Space - South Bend Heritage Foundation
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4/14/2025 9:00:26 AM
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1/24/2023 1:19:23 PM
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Board of Public Works
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Contracts
Document Date
1/24/2023
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2 <br />related to the Lessee's Programs. Lessor represents that the Premises may <br />lawfully be used for such purposes. Lessee shall not use the Premises for the <br />purpose of storing, manufacturing or selling any explosive, flammable, or other <br />inherently dangerous substance, chemical, thing or device. Lessee shall have non- <br />exclusive right to use common areas, including hallways, parking lots, restroom, <br />auditorium and conference rooms. <br />4. Termination- Lessee may, at Lessee's sole option, terminate this Lease at any <br />time by providing no less than sixty (60) days' notice to Lessor. In the event Lessee <br />elects to terminate this Lease under this provision the Lessee shall receive a <br />refund of the unused amount of the pre -paid rent from the actual date of <br />termination. Termination by Lessee on hundred eighty-one (181) days or later from <br />the Commencement Date shall be subject to an early termination fee of Six <br />Hundred Dollar ($600.00). If Lessor terminates this Lease at any time for any <br />reason, Lessee shall not pay the early termination fee. This Lease shall <br />automatically terminate at the end of the initial Lease Term or any successive term <br />of the Lessee fails to give written notice of renewal as required by this Lease. <br />5. Renewal: Lessee has the option to renew the Lease for an additional three (3),/ <br />year period at an annual rent to be agreed to at the time of renewal. If the Lessee <br />remains in possession of the Premises with Lessor's consent after the expiration <br />of the initial Lease Term or any renewal period that has been properly exercised, <br />Lessee shall be a month to month tenant. Lessee's rent during such new tenancy <br />may be 150% of the amount Lessee is obligated to pay during the last year of the <br />initial Lease Term or any properly exercised renewal period. <br />6. Conditions and Improvements: It is understood that the Premises are leased in <br />"as is" condition. Lessee shall obtain written consent of Lessor with respect to any <br />changes or modifications in the Premises, and any such modifications or changes <br />shall be at Lessee's expense. The initial improvements which have been approved <br />by the Lessor are contained on Exhibit "B" which is attached hereto and <br />incorporated herein by reference. In the event there are no entries on Exhibit "B", <br />then Lessee must obtain written consent for any future changes and/or <br />modifications to the Leased Premises. <br />7. Repairs and Maintenance: Lessor shall maintain the roof, exterior and structural <br />portions of the Premises. Sidewalk and parking lot snow removal is the <br />responsibility of Lessor. Trash Removal shall be the responsibility of the <br />Lessor. The location of the common areas is depicted in Exhibit "C" which is <br />attached hereto and made a part hereof. <br />8. Electric, Water and Gas Utilities: Electric service shall be the responsibility <br />of the Lessor. Water service shall be the responsibility of the Lessor. Gas <br />service shall be the responsibility of the Lessor. Lessor agrees to supply a <br />central heating and air conditioning system to the Premises. Lessor agrees to <br />maintain and keep in good repair and condition during the term of his Lease all <br />Lessee Initial Lessor Initia <br />
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