Determining After Investigation Lease of Property 504 N. Johnson for use as Neighborhood Partnership Center is Necessary

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LEASE OF REAL PROPERTY THIS INDENTURE WITNESSETH, that St. Stanislaus Parish, hereafter referred to as "Lessor ", LEASES TO: The City of South Bend 205 W. Jefferson Blvd. Suite 416 South Bend, IN. 46601 Attn: Mr. Lee Cotton hereafter referred to as "Lessee ", for and in consideration of the covenants and agreements hereinafter mentioned, the premises in St: Joseph County, State of Indiana, known and commonly described as follows: 504 N. Johnson, South Bend, Indiana. To have and to hold for twelve (12;) mq;.ths, from August 1 1997, to and including Juiv-31, 1998,:and,the Lessee, in . consideration of said demise, does covenant -,and agree with the Lessor as follows: a 1. Use. The Lessee will Lease the premises for the following described purposes and for no other purposes whatsoever: The operation of a Neighborhood Partnership Center and uses related thereto. 2. pent. The Lessee will pay as rent for the leased _rem ses the sum of Three Hundred and -Fifty Dollars (5350.00) per month, fc-- a period of twelve (12) months; all payments due and payable on the first day of each month, for a total rent for the Lease term not to exceed Four Thousand, Two Hundred Dollars ($4,200.00), without notice or demand, each installment to be paid in advance upon the first day of each installment period to the Lessor or at such other place as the Lessor may from time to time designate -in- writing,- — - 3. Opticn to Renew; Rent Increase. The Lessee shall have the option to renew this Lease for a period of one (1) year at the same rental rate, and shall give the Lessor thirtg (30) days' notice prior to expiration of this Lease of the intention to exercise the option to renew. 4. Repairs. The Lessee has examined and knows the condition cf the premises and has received the same in good order and repair, except as herein otherwise specified, and no representations as to the condition of repair thereof have been made by the Lessor or his representatives, prior to or at the execution of this Lease that are not herein expressed or endorsed hereon.