Determining After Investigation Lease of Property 609 W. Indiana St. for use as Neighborhood Partnership Center is Necessary

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RECEIV EO AUG ' 4 1997 LEASE OF REAL PROPERTY THIS INDENTURE WITNESSETH, that Paul M. Dillon and Phyllis M. Dillon, hereafter referred to as "Lessor" LEASE TO: The City of South Bend 205 W. Jefferson Blvd. Suite 416 South Bend, IN. 46601 Attn: Ms. Jennifer Mielke hereafter referred to as "Lessee ", for and in consideration of the covenants and agreements hereinafter mentioned, the portion of the premises delineated on the floor plan in Attachment A, attached hereto and incorporated herein in St. Joseph County, State of Indiana, known and commonly described as follows: 609 W Indiana South Bend, Indiana. To have and to hold for twelve (12) months, from November 1, 1997, to and including October 31, 1998, and the Lessee, in consideration of said demise, does covenant and agree with the Lessor as follows: 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. Rent. The Lessee will pay as rent for the leased premises the sum of Four Hundred and Fifty Dollars ($450.00) per month, for 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 Five Thousand, Four Hundred Dollars ($5,400.00), 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. Option 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 (60Z_days' K/ notice prior to expiration of this Lease of the intention to exercise the option to renew. 1