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Res 2009-080
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Res 2009-080
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Last modified
8/3/2009 10:49:05 AM
Creation date
6/22/2009 9:23:00 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
2009-80
Date
6/16/2009
Volume Book
182
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645 N Walnut Ave. 11130 <br />Commercial Lease concerning: New Braunfels TX 8S64i. B. If Landlord does not actually receive at the place designated for payment any rent due under this lease <br />within 5 days after it is due, Tenant will be in default. If Tenant fails to comply with this lease for any <br />other reason within 10 days after Landlord notifies Tenant of its failure to comply, Tenant will be in <br />default. <br />C. If Tenant is in default, Landlord may: (i) terminate Tenant's right to occupy the leased premises by <br />providing Tenant with at least 3 days written notice; and (ii) accelerate all rents which are payable <br />during the remainder of this lease or any renewal period without notice or demand. Landlord will <br />attempt to mitigate any damage or loss caused by Tenant's breach by using commercially reasonable <br />means. If Tenant is in default, Tenant will be liable for: <br />(1) any lost rent; <br />(2) Landlord's cost of reletting the leased premises, including brokerage fees, advertising fees, and <br />other fees necessary to relet the leased premises; <br />(3) repairs to the leased premises for use beyond normal wear and tear; <br />(4) all Landlord's costs associated with eviction of Tenant, such as attorney's fees, court costs, and <br />prejudgment interest; <br />(5) all Landlord's costs associated with collection of rent such as collection fees, late charges, and <br />returned check charges; <br />(6) cost of removing any of Tenant's equipment or fixtures left on the leased premises or Property; <br />(7) cost to remove any trash, debris, personal property, hazardous materials, or environmental <br />contaminants left by Tenant or Tenant's employees, patrons, guests, or invitees in the leased <br />premises or Property; <br />(8) cost to replace any unreturned keys or access devices to the leased premises, parking areas, or <br />Property; <br />(9) any other recovery to which Landlord may be entitled under this lease or under law. <br />21. ABANDONMENT, INTERRUPTION OF UTILITIES, REMOVAL OF PROPERTY, AND LOCKOUT: <br />Chapter 93 of the Texas Property Code governs the rights and obligations of the parties with regard to: (a) <br />abandonment of the leased premises; (b) interruption of utilities; (c) removal of Tenant's property; and (d) <br />"lock-out" of Tenant. <br />22. HOLDOVER: If Tenant fails to vacate the leased premises at the time this lease ends, Tenant will become <br />a tenant-at-will and must vacate the leased premises immediately upon receipt of demand from Landlord. <br />No holding over by Tenant, with or without the consent of Landlord, will extend this lease. Tenant will <br />indemnify Landlord and any prospective tenants for any and all damages caused by the holdover. Rent for <br />any holdover period will be 2 times the base monthly rent plus any additional rent calculated on a daily <br />basis and will be immediately due and payable daily without notice or demand. <br />23. LANDLORD'S LIEN AND SECURITY INTEREST: To secure Tenant's performance under this lease, <br />Tenant grants to Landlord a lien and security interest against all of Tenant's nonexempt personal property <br />that is in the leased premises or Property. This lease is a security agreement for the purposes of the <br />Uniform Commercial Code. Landlord may file a copy of this lease as a financing statement. <br />24. ASSIGNMENT AND SUBLETTING: Landlord may assign this lease to any subsequent owner of the <br />Property. Tenant may not assign this lease or sublet any part of the leased premises without Landlord's <br />written consent. An assignment of this lease or subletting of the leased premises without Landlord's written <br />consent is voidable by Landlord. If Tenant assigns this lease or sublets any part of the leased premises, <br />Tenant will remain liable for all of Tenant's obligations under this lease regardless if the assignment or <br />sublease is made with or without the consent of Landlord. <br />(TAR-2101) 5-26-06 Initialed for Identification by Tenant k7. ____ , and Landlord: Cr Page 10 of 14 <br />Produced,0!; ZipFormt,) by zipt_ogix ?6070 Fl!een Pilue Road, Fraser, Mrd iy'an 48026 www zipLogrx corn. Ci ti ufSan Ma
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