CCP 08-14-2007 - Laserfiche WebLink

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ARTICLE 11- RENT 2.1 RENT. During the term hereof Tenant agrees to pay to Landlord at 400 Tenth Street Northwest, New Brighton, Minnesota 55112 or at such place as the Landlord may from time to time designate in writing, "minimum rent" for the Leased Space in the amount of Three hundred and eighty-two dollars and fifty cents ($382.50) per month (based on $12 per square foot with the Leased Space occupying 382.5 square feet), payable in advance prior to the first of each month, without deduction or set-off, commencing January 1, 2008. Per Landlord, the minimum rent and additional rent amounts are subject to change per year term. 2.2 FIRST PAYMENT. Within the first payment, the Tenant shall pay the first month's rent plus a one month security deposit to the Landlord which shall be retained as a damage deposit and applied to the last months lease (December 2009) contingent on no damage to the lease space. For the purposes of this Lease, the Term "lease year" shall mean the 24 month period of January 1, 2008 through December 31, 2009. Total amount due prior to January 1, 2008 is seven hundred and sixty-five dollars and zero cents ($765.00). 2.3 NIHCA/APEX. As additional consideration for this Lease Agreement, Tenant will Provide the Blue Cross Blue Shield membership which means the New Brighton Parks and Recreation Department will receive this service if wanted and will be exempt from payment of NIHCA yearly fee (approximately $399 per year) and APEX yearly fee (approximately $49 per month or $588 per year). For purposes of this lease, NIHCA/APEX program begins January 1, 2008. 2.4 ADDITIONAL RENT. Any other charges to be paid by Tenant pursuant to the provisions of any other sections of this Lease shall be designated as "additional rent". Failure of Tenant to pay "additional rent" shall give Landlord the right to declare an event of default. 2.5 RENT DELINQUENCIES. Should the Tenant, for any reason whatsoever, fail to pay, when the same is due and payable, any "minimum rent", and/or "additional rent" and should said rent not be paid prior to the first of the month, Tenant shall pay a late penalty of $50. An additional charge of $50 will take place for every 30 days the payment is late after the first of the month. ARTICLE III - USE OF PREMISES 3.1 TENANTS USE. During the term of this Lease, the Leased Space shall be used solely for the purpose of administrative purposes for the Tenant and for no other purpose without prior written consent of Landlord. 3.2 COMPLIANCE WITH LAWS AND REGULATIONS. (a) Tenant covenants and agrees that at all times during the term hereof it will maintain and conduct its business insofar as the same relates to the occupancy of the Leased Space in such a manner and under such regulations as to be in strict compliance with any and all applicable governmental and/or quasi-governmental laws, rules, regulations and orders, as well as any and all applicable provisions of insurance underwriters of insurance of the Leased Space or of the Family Service Center. 2