CCP 10-22-2013 - Laserfiche WebLink

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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 four hundred and thirty- dollars and thirty-one cents ($430.31) per month (based on $13.5 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 November 1, 2013. 2.2 FIRST PAYMENT. With 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 contingent on no damage to the lease space. For the purposes of this Lease, the Term "lease year" shall mean the 12 month period of March 1 through February 28. Total amount due prior to March 1, 2011 is eight hundred and sixty-six dollars and sixty-two cents ($860.62). 2.3 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. Invoices for additional rent will be provided by Landlord to Tenant at the conclusion of each calendar year quarter during the Term of this lease. 2.4 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 within ten(10) days of due date,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 massage therapy and 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 Community Center. (b) Tenant hereby agrees to operate its business in accordance with the Americans with Disabilities Act (ADA), codified at 42 U.S. sections 12101 et sec, Among other requirements that may apply to the Leased Space, Title III of the ADA requires owners and tenants of "public accommodations" to remove barriers in order to allow access by disabled