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6.B.(5) Real Estate Purcahse and Site Work Agreement
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6.B.(5) Real Estate Purcahse and Site Work Agreement
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10/1/2010 12:10:58 PM
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4/1/2009 12:19:25 PM
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5. Additional Expenses. <br />a. Utilities. All utility bills, including water, sewerage, gas, electricity, <br />telephone and similar services shall be paid by Tenant. Landlord shall not be liable to Tenant in <br />damages or otherwise for any utilities or services, whether or not furnished by Landlord <br />hereunder, which are interrupted or terminated for any reason, including repairs, installations, <br />improvements, energy emergency or shortage. <br />b. Taxes and Assessments. Landlord shall pay all real estate taxes ("Taxes"), <br />assessments and any other governmental charges ("Assessments") on the Property as they come <br />due during the term of the Lease. Tenant shall within ten (10) days after written demand <br />reimburse Landlord for all Taxes paid with respect to the period of time this Lease remains in <br />effect. Landlord agrees to furnish Tenant with copies of official statements from the County <br />Treasurer or other taxing authority reflecting the Taxes due on the Property. <br />c. Maintenance by Landlord and Tenant. Pursuant to the terms of the <br />Purchase Agreement, the building located on the Property is to be purchased by Landlord and <br />demolished following the Lease Termination Date. Therefore, except as specifically provided in <br />this Lease, neither Landlord nor Tenant shall be obligated to make repairs, replacements, <br />preventative maintenance, or improvements of any kind upon the Property, or to any equipment, <br />merchandise, stock in trade, facilities or fixtures therein. <br />6. Acceptance of Property. Tenant acknowledges that no representations as to the <br />condition of the Property have been made by Landlord. <br />7. Alterations. Landlord hereby consents to and gives Tenant the right to install or <br />provide any alterations to the Property, which Tenant may find necessary or desirable foi• <br />operation of its business. All changes to the Property, whether structural or nonstructural, shall <br />be made at Tenant's own expense. Tenant shall not be required to restore the Property to its <br />original condition following the Lease Termination Date. Tenant shall promptly pay for all <br />materials and labor im~olved in making such changes or restoration and shall not permit any <br />liens, claims or demands ("Claim") to exist against the Landlord or the Property. lf• a Claim is <br />filed or made against the Landlord or the Property, Tenant shall defend the same at its own <br />expense and indemnify and hold Landlord harmless from all liability and expenses arising by <br />virtue of the Claim (unless the Claim arose because of the fault of the Landlord). <br />
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