Approving an Option to Renew a Lease between the City of South Bend & Peter F. & Margaret K Nemeth known as 114 South Chapin St

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LEASE THIS INDENTURE made this day or % /Z , 1960, in the year of our Lord One Thousand Nine Hundred and Six ",yf between PET'E:R F. NEMETI4 and MARGARET K. NEMETII _ailed the Lessor and ±.hr MUNICIPAL CITY OF SOUTH BEND, a mt:n:cipai co,,poration, h?r = inaftcr called the Lessee. WITNESSETH: 1, The Lessor herein leases unto the Lessee, subject W and upon the terms hereinafter stated for the *term of seven (7) rnoriths beginning on the lst day of June, 1960, and ending on the 31st day of December, 19611, the use an(? enjoy- ment of all and singular the premises at 114 South Chapin Street, South Bend, Indiana, as well as the use of a portion of land adjacent thereto, on which the Lessee shall be permitted to park not more than three (3) vehicles, all in the City of South Bend, including all appurtenances thereto, at a rental of Two Hundred seventeen ($217) Dollars per month. 2. The Lessor agrees to provide 'neat 6 r the above demised premises, as well as water and electricity. 3. The Lessee shall have and the Lessor hereby grants to the Lessee the option and right to renew this term on the conditions herein contained for an addition term of one (1) year and from year to year thereafter, on or before the 20th day of Decerrru6r, 1960, and on or before the 20th day of December each year thereafter. 4. That the Lessee has received the premises in good order and repair and that said Lessee will keep said p7ernisu6 in good repair, replacing all broken glass with glass of the same size and quality as that broken, and vAll keep said premises and appurtenances, including catch basin in a clean and healthy condition, and upon termination of this lease will yield up said premis es to the Lessor in good condition and repair, loss by fire and ordinary wear excepted.