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R91-42 RATIFYING EXECUTION OF LEASES - DECATUR-MACON COUNTY OPPORTUNITIES CORPORATION
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R91-42 RATIFYING EXECUTION OF LEASES - DECATUR-MACON COUNTY OPPORTUNITIES CORPORATION
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7/26/2016 9:53:01 AM
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Resolution/Ordinance
Res Ord Num
R91-42
Res Ord Title
RATIFYING EXECUTION OF LEASES - DECATUR-MACON COUNTY OPPORTUNITIES CORPORATION
Approved Date
4/15/1991
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lease or sublet all or part of the demised Premises without, in each <br /> case, obtaining the prior written consent of Landlord, which consent <br /> Landlord agrees not to withhold arbitrarily as to any proposed as- <br /> signee or sub-tenant of financial responsibility and good business <br /> reputation desiring to use said Premises for a purpose neither <br /> detrimental to the Premises nor involving any increase in the rate of <br /> insurance. <br /> SECTION 11 . DEFAULT CLAUSE: It is expressly understood and <br /> agreed that if the rent herein reserved or any part thereof shall not <br /> be paid within fifteen (15 ) days from the specified payment date, or <br /> in the event Tenant shall default in the perform�nce of any of its <br /> covenants and agreements herein contained and shall fail to remedy <br /> such default within thirty (30) days after written notice from <br /> Landlord specifying the existence of such default and the nature <br /> thereof, then it shall and maybe lawful for the Landlord at its elec- <br /> tion to terminate this lease or any extension thereof, and the term <br /> hereby or thereby created, and to re-enter and taY.e possession of the <br /> same, using such force as may be necessary and to gain, repossess and <br /> enjoy said Premises as before this demise and also including improve- <br /> ments thereof constructed by Tenant or its agents, without prejudice <br /> to any remedies which might otherwise be used for collection of rent- <br /> als due or for breach of covenant on the part of the Tenant. In the <br /> event the Tenant shall remain in possession of the demised Premises <br /> after such default or after termination of this lease in any manner as <br /> herein provided, Tenant shall be subject to all the conditions and <br /> provisions above named, and to eviction and removal as above stated. <br /> SECTION 1� . WAIVER: The failure of the Landlord or the Tenants <br /> to insist upon prompt and strict performance of any of the terms, con- <br /> ditions or undertakings of this lease, or to exercise any option <br /> herein conferred, in any one or more instances, except as to the op- <br /> tion to extend or renew the term, shall not be construed as a waiver <br /> of the same or any other term, condition or undertaking or option. <br /> SECTION 13 . N�TICE : All notices required to be given by this <br /> lease shall be served personally or be mailed by Certified Mail, and, <br /> if to landlord, addressed as follows : <br />
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