Res 1996-091 - Laserfiche WebLink

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~DIJ -- -3- - - Lessor's failure to cure said default within thirty (30) days after the giving of notice, this Lease shall terminate and Lessee shall vacate the Leased Premises no later than 120 days thereafter, during which time the normal rental fees shall accrue; the date upon which the Leased Premises are vacated by Lessee shall be the date Lessee is released from and relieved of all further obligations of this Lease. ARTICLE 4. Maintenance and Repair of Premises 4.1 Lessee shall keep the Leased Premises in good, clean condition and shall make all needed repairs to all structures on the premises. Lessee shall comply, at his sole cost and expense, with all governmental laws, ordinances and regulations applicable to the Leased Premises. The Lessee shall not be obligated to make any structural changes or alterations to the Leased Premises unless made necessary by the act or omission of the Lessee, in which event Lessee shall comply, at his expense, with plans and specifications submitted to and approved by Lessor under Article 5 of this Lease. If any repairs required to be made by Lessee are not made within 30 days after written notice delivered to Lessee by Lessor, Lessor may at its option make repairs without liability to Lessee for any loss or damage whi~h may result to Lessee's property or business by reason of such repair$, and Lessee shall pay to Lessor upon demand as additional rental the cost of repairs plus interest at the maximum legal rate in effect in the State of Texas from the date of payment by Lessor until repaid by Lessee. 4.2 Maintenance of the runways, taxiways, entrance roads, driveways, existing parking lots, leading to and/or contiguous to the Leased Premises shall remain the obligation of the Lessor. ---- ARTICLE 5. Alterations and Fixtures 5.1 The Lessee shall within twelve (12) months of the commencement of this Lease construct an aircraft storage hangar (the "Hangar") on the Leased Premises. The hangar shall be constructed in accordance with sealed plans prepared by a licensed or registered professional structural engineer which depict the total construction project. The plans shall include the proposed design of the Hangar, and the estimated cost of the construction, and shall establish a time schedule for the completion of the construction. 5.2 If the Lessee incurs an added expense which is unique to the construction of his hangar (i.e., the added expense of an elongated ramp from the main ramp to his hangar), the cost of this unique element of the construction shall be deducted from the annual rent as specified in Article 2 of this Agreement 5.3 Lessee shall prevent any lien or obligation from being credited against or imposed upon the Leased Premises by reason of any alteration, repair, labor performed or materials furnished to the Leased Premises for or on behalf of Lessee, and Lessee will discharge any lien or charge immediately after the lien occurs or charges I become due and payable, provided that in the event Lessee disputes the lien or the claim upon which it is founded, Lessee shall have the right, without discharging said ~ lien, to promptly pursue settlement or litigation without paying such claim until such time as the claim becomes final and subject to no further appeal by Lessee. Lessee shall hold harmless, indemnify and defend Lessor, its officers, agents and employees from and against any claims related to such liens or charges.