Laserfiche WebLink
BOOK 23 PAGE 889 <br />12. Indemnification of Lessor Lessor shall not be liable for any damage or injury to <br />Lessee or to any property, occurring on the Premises outside the scope of its <br />insurance. <br />13. Insurance Lessee, at its expense, shall maintain liability insurance for equipment. <br />Lessor shall maintain insurance for its property including Premises. <br />14. Destruction of Premises In the event of a partial destruction of the Premises during <br />the term hereof from any cause, Lessor shall forthwith repair the same, provided that <br />such repairs can be made within sixty (60) days under existing governmental laws <br />and regulations, but such partial destruction shall not terminate this lease, except <br />that Lessee shall be entitled to a proportionate reduction of rent while such repairs <br />are being made, based upon the extent to which the making of such repairs shall <br />interfere with the business of Lessee on the Premises. If such repairs cannot be <br />made within said sixty (60) days, Lessor, at his option, may make the same within a <br />reasonable time, this lease continuing in effect with the rent proportionately abated <br />as aforesaid, and in the event that Lessor shall not elect to make such repairs that <br />cannot be made within sixty (60) days, this lease may be terminated at the option of <br />either party. In the event that the building in which the demised Premises may be <br />situated is destroyed to an extent of not less than one -third of the replacement costs <br />thereof, Lessor may elect to terminate this lease whether the demised Premises be <br />injured or not. A total destruction of the building in which the Premises may be <br />situated shall terminate this lease. <br />15. Lessor's Remedies on Default If Lessee defaults in the payment of rent, or any <br />additional rent, or defaults in the performance of any of the other covenants or <br />conditions hereof, Lessor may give Lessee notice of such default and if Lessee does <br />not cure any such default within sixty (60) days, after the giving of such notice (or if <br />such other default is of such nature that it cannot be completely cured within such <br />period, if Lessee does not commence such curing within such sixty (60) days and <br />thereafter proceed with reasonable diligence and in good faith to cure such default), <br />then Lessor may terminate this lease on not less than thirty (30) days' notice to <br />Lessee. On the date specified in such notice, the term of this lease shall terminate <br />and Lessee shall then quit and surrender the Premises to Lessor, but Lessee shall <br />remain liable as herein provided. If this lease shall have been so terminated by <br />Lessor, Lessor may at any time thereafter resume possession of the Premises by <br />any lawful means and remove Lessee or other occupants and their effects. No <br />failure to enforce any term shall be deemed a waiver. <br />16. Notices Any notice that either party may or is required to give shall be given by <br />mailing the same, postage prepaid, to Lessee at the Premises, or Lessor at the <br />address shown above, or at such other places as may be designated by the parties <br />from time to time. <br />17. Heirs, Assigns, Successors This lease is binding upon and inures to the benefit of <br />the heirs, assigns, and successors in interest to the parties. <br />18. Entire Agreement The foregoing constitutes the entire agreement between the <br />parties and may be modified only by a writing signed by both parties. The following <br />3 <br />