Laserfiche WebLink
LEASE AGREEMENT <br /> BETWEEN THE CITY OF SOUTH BEND, INDIANA, AND <br /> EDMARDE' S, INC . d/b/a SENOR KELLY' S <br /> THIS AGREEMENT is made and entered into by and between the <br /> Board of Public Works of the City of South Bend , Indiana, a municipal <br /> corporation duly organized and existing pursuant to the laws of the <br /> State of Indiana, (hereinafter referred to as "Lessor") and <br /> Edmarde ' s, Inc. , d/b/a Senor Kelly' s , a corporation duly organized <br /> and existing pursuant to the laws of the State of Indiana, (herein- <br /> after referrerd to as "Lessee") . <br /> W I T N E S S E T H: <br /> For and in consideration of the covenants and agreements <br /> hereafter stated , the Lessor hereby leases to Lessee and Lessee <br /> hereby leases from Lessor the following described real estate located <br /> in the City of South Bend, St. Joseph County, State of Indiana : <br /> Beginning at a point on the Southwest corner of Lot 15 , <br /> O.P. South Bend ; thence in an Easterly direction along a <br /> line 61 . 5 feet South of and parallel to the North line of <br /> said Lot 15 for a distance of 110 feet to a point on the <br /> South line of said Lot 15 ; thence Southerly along a line <br /> parallel to the East line of said Lot 15 a distance of 17 . 5 <br /> feet; thence Westerly along a line parallel to the South <br /> line of said Lot 15 for a distance of 110 feet ; thence <br /> Northerly along a line (which is the Westerly line of said <br /> Lot 15 extended South) for a distance of 17 .5 feet to the <br /> place of beginning, being a part of a parcel of land <br /> commonly known as Allen' s Alley , containing 1 , 925 square <br /> feet more or less , situated in St. Joseph County, Indiana. <br /> 1 . The initial lease period shall be for a term of <br /> approximately twenty-one (21) months (hereinafter referred to as <br /> "initial term") beginning on the day of October, 1982 , and <br /> expiring on the last day of June, 1984. In the event Lessee pays the <br /> rentals applicable to the initial term of the lease in accordance <br /> with the terms and conditions herein, Lessee shall have the option to <br /> extend for an additional term of three (3) years (hereinafter <br /> referred to as "first renewal term") beginning on the first day of <br /> July, 1984, and expiring on the last day of June , 1987. In the event <br /> Lessee pays the rentals applicable to both the initial teen of this <br /> Lease and the first renewal term of this Lease in accordance with <br />