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550 N Hwy 123 Bypass <br />Commercial Lease concerning: Seguin, TX 78155 <br />check of Tenant is returned to Landlord by the institution on which it was drawn, Landlord after providing <br />written notice to Tenant may require Tenant to pay subsequent amounts that become due under this <br />lease in certified funds. This paragraph does not limit Landlord from seeking other remedies under this <br />lease for Tenant's failure to make timely payments with good funds. <br />G. Late Charges: If Landlord does not actually receive a rent payment at the designated place of payment <br />within 5 days after the date it is due, Tenant will pay Landlord a late charge equal to 10% of the amount <br />due. In this paragraph, the mailbox is not the agent for receipt for Landlord. The late charge is a cost <br />associated with the collection of rent and Landlord's acceptance of a late charge does not waive <br />Landlord's right to exercise remedies under Paragraph 20. <br />H. Returned Checks: Tenant will pay $ 50.00 for each check Tenant tenders to Landlord <br />which is returned by the institution on which it is drawn for any reason, plus any late charges until <br />Landlord receives payment. <br />A. Upon execution of this lease, Tenant will pay $ 3,300. 00 to Landlord as a security <br />deposit. <br />B. Landlord may apply the security deposit to any amounts owed by Tenant under this lease. If Landlord <br />applies any part of the security deposit during any time this lease is in effect to amounts owed by <br />Tenant, Tenant must, within 10 days after receipt of notice from Landlord, restore the security deposit to <br />the amount stated. <br />C. Within 60 days after Tenant surrenders the leased premises and provides Landlord written notice of <br />Tenant's forwarding address, Landlord will refund the security deposit less any amounts applied toward <br />amounts owed by Tenant or other charges authorized by this lease. <br />6. TAXES: Unless otherwise agreed by the parties, Landlord will pay all real property ad valorem taxes <br />assessed against the leased premises. <br />7. UTILITIES: <br />A. The party designated below will pay for the following utility charges to the leased premises and any <br />connection charges for the utilities. (Check all that apply.) <br />B. The party responsible for the charges under Paragraph 7A will pay the charges directly to the utility <br />service provider. The responsible party may select the utility service provider except that if Tenant <br />selects the provider, any access or alterations to the Property or leased premises necessary for the <br />utilities may be made only with Landlord's prior consent, which Landlord will not unreasonably withhold. <br />If Landlord incurs any liability for utility or connection charges for which Tenant is responsible to pay <br />r <br />(TAR -2101) 4 -1 -14 Initialed for Identification by Landlord: and Tenant: Page 4 of 15 <br />Produced with zipFormO by zipLoglx 18070 Fifteen Mile Road Fraser, Michigan 48026 www.zipLodx.com WIC- Seguin Court <br />N/A <br />Landlord <br />Tenant <br />(1) Water <br />❑ <br />❑ <br />d <br />(2) Sewer <br />❑ <br />❑ <br />0 <br />(3) Electric <br />❑ <br />❑ <br />a <br />(4) Gas <br />❑ <br />❑ <br />a <br />(5) Telephone <br />❑ <br />❑ <br />a <br />(6) Internet <br />❑ <br />❑ <br />d <br />(7) Cable <br />❑ <br />❑ <br />Q <br />(8) Trash <br />❑ <br />❑ <br />d <br />(9) <br />D <br />❑ <br />❑ <br />(10) All other utilities <br />❑ <br />❑ <br />a <br />B. The party responsible for the charges under Paragraph 7A will pay the charges directly to the utility <br />service provider. The responsible party may select the utility service provider except that if Tenant <br />selects the provider, any access or alterations to the Property or leased premises necessary for the <br />utilities may be made only with Landlord's prior consent, which Landlord will not unreasonably withhold. <br />If Landlord incurs any liability for utility or connection charges for which Tenant is responsible to pay <br />r <br />(TAR -2101) 4 -1 -14 Initialed for Identification by Landlord: and Tenant: Page 4 of 15 <br />Produced with zipFormO by zipLoglx 18070 Fifteen Mile Road Fraser, Michigan 48026 www.zipLodx.com WIC- Seguin Court <br />