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2016-24 REZONING PROPERTY - 1310 North Summit
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2016-24 REZONING PROPERTY - 1310 North Summit
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Last modified
5/11/2016 9:19:58 AM
Creation date
5/11/2016 9:19:47 AM
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Resolution/Ordinance
Res Ord Num
2016-24
Res Ord Title
REZONING PROPERTY B-1 NEIGHBORHOOD SHOPPING DISTRICT TO R-3 SINGLE FAMILY RESIDENCE DISTRICT - 1310 NORTH SUMMIT AVENUE
Approved Date
5/2/2016
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a) Lessee shall fai� to pay any installment of rent when due or to <br /> comply with any term, provision or covenant of this Lease and shall not cure such <br /> failure within 30 days written notice thereof to Lessee; or <br /> b) Lessee shall become insolvent or shall make a transfer in fraud of <br /> creditors or shall make an assignment for the benefit of creditors or shall be adjudged <br /> a bankrupt or insolvent in proceedings filed against Lessee, or sha11 file a voluntary <br /> petition under any chapter of the federal bankruptcy law; <br /> c} A receiver or trustee shali be appointed for all or substantially all <br /> of Lessee's assets; or <br /> d} Lessee shall abandon or vacate the leased premises. <br /> Upon the occurrence of any such event of default, Lessor shall have the option to pursue, after <br /> giving the requixed notice, any one or more of the following remedies: <br /> a) Terminate this Lease, in which event Lessee shall immediately <br /> surrender the demised premises to Lessor; and if Lessee fails to do so, Lessor may, without <br /> prejudice to any other remedy whicli it may have for possession or arrearages in rent or rent <br /> for the remainder of the lease tern�, enter upon and take possession of the demised premises <br /> and expel or remove Lessee and any other person who may be occupying said premises or <br /> any part thereof, by force if necessary, without being liable for prosecution or any claim of <br /> damages therefore Lessee also agrees to pay Lessor on demand the amount of all loss and <br /> damage which Lessor may suffer by reason of such termination, whether through inability <br /> to relet the demised premises on satisfactory terms, or otherwise. <br /> b) Enter upon and take possession of the demised premises without <br /> terminating this Lease and expel or remove Lessee and any other person v��ho may be <br /> occupying said premises or any part thereof, by force if necessary, without being liable for <br /> prosecution or any claim for datnages therefore, and relet the demised premises and receive <br /> the rent therefore Lessee agrees to pay to Lessor on demand any deficiency that may arise <br /> by reason of such reletting. <br /> c) Enter upon the demised premises by force if necessary without <br /> being liable for prosecution or any cla.im for damages therefore, and do whatever Lessee is <br /> obligated to do under the terms of this Lease, and Lessee agrees to reimburse Lessor on <br /> demand for any expenses which Lessor may incur in thus effecting compliance with <br /> 6 <br />
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