HomeMy WebLinkAbout00181C - MONTE VISTA HOTEL MILLER PROPERTY LEASE PURCHASE PA1B1 12/c -
PaLA4
I" City- of Paln-i Springs
SENT VIA CERTIFIED MAIL
RETURN RECEIPT REQUESTED
March 4, 1993
Messrs. Frank and Sohn Miller
457 North Palm Canyon Drive, #4
Palm Springs, CA 92262
RE: Monte Vista Hotel
Dear Messrs . Miller:
I have been directed by the Community Redevelopment Agency of
the City of Palm Springs to give you notice of its intent to
terminate that certain land sales agreement, called a
"Lease/Purchase of Property, " with respect to the above-referenced
property (the "Property") . As you know, the Agency entered into
the land sales agreement for the Monte Vista Hotel so as to
undertake the joint development of this and an adjacent property.
Unfortunately, the adjacent property development did not proceed
for reasons beyond the City' s control. Additionally, the Agency
has, despite its best efforts, experienced substantial and on-going
operational loss concerning the property, which it simply cannot
continue to absorb.
In addition, the Agency had an offer from a third-party
purchaser. The City attempted to facilitate an arrangement, where
this purchaser would, in essence, step into the City's shoes. You
were not pleased with this approach and, ultimately, the purchaser
lost interest. As a consequence, the Agency has no alternative but
to "cut its losses" through termination of the Monte Vista Land
sales contract.
Accordingly, please take notice that thirty (30) calendar days
from this date, the Agency will surrender these premises to you.
On April 3 , 1993 , the undersigned will tender to you the keys to
the premises and, from that date forward, the Agency will
relinquish all right, title or interest in and to the property, as
, well as discontinue insurance coverage on the same. For your
information, we are also serving a notice of termination on our
property managers, Lois (Bell) and Larry Blesi, and on our retail
V
Messrs. Miller
Monte Vista Hotel
March 4 , 1993
Page 2
store lessees. Consequently, you may wish to contact them, if you
wish to continue their services. We would be happy to assign these
contracts and leases to you, should you so desire.
Upon receipt of this letter, immediately contact the
undersigned, so that arrangements can be made to facilitate the
orderly transfer of possession of the premises from the Agency back
to you, as well as to arrange for the surrender of keys, the
transfer of responsibility for the premises, security and the
transition of insurance coverage on the same.
Very trultPINS
RO
Ex cutive Director
RWP/e
cc: David J. Aleshire, Esq.
Agency General Counsel
Frank & John Miller
Lease/Purchase by Agency of
Monte Vista Hotel 400-428 NPC
PA1B1
AGREEMENT #181
RECORDING REQUESTED BY R546, 8-9 88
AND WHEN RECORDED MAIL TO: 1�
Comity Clerk 00 _ np
City of Palm Springs m
P.O. Box 1786
Palm Springs, CA 92�3 w r_
Co
N
i�
LEASE/PURCHASE OF PROPERTY
� 1 OWNED BY FRANK MILLER AND JOHN MILLER.
LEGAL DESCRIPTION
Lot 4, and the west 145.5 feet of the north 25 feet of Lot 5, Block
24, Palm Springs, Map Book 9, Page 432, Records of San Diego County,
California.
THIS LEASE, made on the 91-L day of August, 1988.
By: Frank Miller and John ' Miller, as to an undivided one-half
interest, herein called "Lessor" , and
Community Redevelopment Agency of the City of Palm Springs,
California, "Lessee" .
WITNESSETH:
ARTICLE I.
SECTION 1.01 Leased Premises.
In consideration of the rents, covenants and agreements hereinafter
reserved and contained on- the part of the Lessee to be observed and performed,
the Lessor demises and leases to the Lessee, and Lessee rents from Lessor,
those certain property together with all the buildings and improvements
located thereon, which premises consist of an area of approximately 47,213
square feet, and all related interest in easements associated with the proper-
ty herein called the "Leased Premises" , known as Assessor Parcel 513-081-006,
and located at 400-428 North Palm Canyon Drive in Block 24 of Palm Springs,
between Palm Canyon and Indian Avenue. The boundaries and location of the
leased premises are crosshatched on the site map which is attached hereto
as Exhibit "A" and made a part hereof.
This property is being sold by John and Frank Miller, jointly, and
payment will be made to each party in equal amounts. In the event of the
demise of either party, the payments shall continue to the person 's heirs
or assigns .
oa
Q,
SECTION 1.02 Contents of Buildings
The Lessor demises and leases to the Lessee all furnishings and equipment
that are apart and are necessary for the operation of the hotel . The contents
of the main building (office, and managers quarters) are personal property
of John Miller and Frank Miller, and are not a part of this Lease purchase.
The Lessor demises and leases all air conditioning equipment that are
a part, and are necessary for the operation of the stores and other rental
units.
ARTICLE II
SECTION 2.01 Rent.
a. A lease payment of $120,000 per year payable monthly by the loth
day of each month.
b. Lessee shall pay all , costs and expenses, inclusive but not limited
to property tax, utilities, assessments, management, maintenance and insurance
on the premises.
ARTICLE III.
SECTION 3.01 Commencement and Ending Date of Term.
The term of lease will commence September 1, 1988 and terminate on
or before August 31, 1993, the date of the option of the Lessee, at which
time the Community Redevelopment Agency must purchase the property, as
described in Article XIII .
ARTICLE IV.
SECTION 4.01 Use of Premises.
Lessee shall have the right to use the Leased Premises for any lawful
purpose.
ARTICLE V.
SECTION 5.01 Assignment and Subletting.
The Lessee may assign or sublease the premises or any portion thereof
-2-
I _
l without the consent of Lessor provided Lessee remains liable under this
0�
lease.
N:
SECTION 5.02 Right to Encumber.
Lessee may encumber the lease without the consent of Lessor; provided
that the fee interest is not encumbered. Notice of all defaults will be
given to the encumbrancer and the encumbrancer will be able to cure any
defaults of Lessee and step into the position of Lessee in the event of
foreclosure.
ARTICLE VI.
SECTION 6.01 Changes and Alterations.
The Lessee may alter and add to the premises without the consent of
Lessor, providing the alteration does not diminish the value of the property,
or alter its property tax status.
ARTICLE VII .
SECTION 7.01 Default and Remedies.
The term "Default" as used herein shall mean the occurrence of any
event whereby Lessee fails to comply with any term, provision, condition
or covenant of this lease/purchase agreement. Upon the occurrence of a
Default, Lessor shall give Lessee written notice of the Default. Lessee
shall have thirty days after receipt of written notice to cure a monetary
Default and shall have thirty days after receipt of written notice to commence
to cure a non-monetary Default which Lessee must cure as soon as reasonably
possible. In the event Lessee fails to cure the Default within such periods,
then an immediate payment of the agreed upon price shall be due and payable.
The Lessee shall be liable for damages as a result of any changes to
the premises which effect the non-conforming rights of the property or any
other uses presently in place or available to the property.
ARTICLE VIII.
SECTION 8.01 Assignment of Existing Leases.
Lessor shall assign to Lessee all existing leases affecting the Leased
Premises and the rents from the existing leases payable to owner shall be
paid to Lessee. Lessee may make any changes, renew or not renew such leases
at Lessee ' s sole option and discretion. Lessor will not make any new leases
and will not in any manner encumber his interest in the Leased Premises.
Lessor warrants to Lessee that copies of the existing leases are attached
hereto as Exhibit "B" and that all of such leases are in full force and
-3-
effect, and that the rent roll of the Leased Premises attached hereto as
Exhibit "C" is true and correct as the date hereof. Lessor shall deliver
to Lessee all security deposits which he has received from the lessees of
L'liO the Leased Premises.
Cq
ARTICLE IX.
SECTION 9.01 Authority of Lessor and Quiet Enjoyment.
Lessor warrants that Lessor has full power and authority to enter into
this lease and is conveying an unencumbered lease to Lessee which is valid
and enforceable pursuant to its terms and conditions.
- - SECTION 9.02
Lessor warrants that Lessee shall have the right to peaceably and quietly
hold and enjoy the Leased Premises for the term hereby demised without
hindrance or interruption by Lessor or any other person or persons .
ARTICLE X.
SECTION 10.01 Notices.
Any notice, demand, request or other instrument which may be or is
required to be given under this lease shall be delivered in person or sent
by United States certified mail , postage prepaid, and shall be addressed
(a) if to Lessor at 457 North Palm Canyon Drive, #4, Palm Springs, California
92262, or at such other address as Lessor may designate by written notice
and (b) if to Lessee, at 3200 E. Tahquitz-McCallum Way, Palm Springs,
California 92262 or by mail to P.O. Box 1786, Palm Springs, California 92263,
or at such other address as Lessee shall designate by written notice. All
notices, demands, requests or other instruments which may be or are required
to be given under this lease, shall be effective only upon receipt of same
by the parties to whom they are directed.
ARTICLE XI.
SECTION 11.01 Property Taxes, Insurance, Utilities, Management
and Maintenance.
The Lessee shall pay all expenses and costs inclusive but not limited
to taxes, insurance, utility charges, assessments, management and maintenance.
ARTICLE XII.
SECTION 12.01 Hazard Insurance.
Lessee will keep and maintain Hazard Insurance with extended coverage
upon all improvements on the premises from rents collected from current
leases. In the event lease payments are not sufficient, Lessee shall never-
theless keep the insurance in full force and effect.
-4-
ARTICLE XIII.
�•p
Cra CTI N 13.01 Purchase Agreement.
The Lessee hereby agrees to purchase the Leased Premises and the Lessor
rees,v�to ,sel� the Leased Premises to Lessee within one hundred and eighty
(180) days fri-e- C,,'termination of lease, or sooner. The purchase price shall
be One Million Five Hundred Thousand Dollars ($1,500,000.00) .
a. The purchase and this agreement is made under threat of condemnation.
b. - The purchase price is payable in- cash.
ARTICLE XIV.
SECTION 14.01 Binding Effect.
This Agreement shall be binding upon and inure to the benefit of the
heirs, personal representative and successors, assigns of the parties hereto.
In the event of any litigation between the parties hereto to enforce or
arising out of this agreement, the prevailing party shall be entitled to
its reasonable attorney fees and expenses.
ARTICLE XV.
SECTION 15.01
Lessor and Lessee represent that no person is entitled to a commission
or finder' s fee by reason of this lease.
IN WITNESS WHEREOF, Lessor and Lessee have signed this Lease as of the day
and year first above written.
LESSOR:
FRANK MILLER
JOHN MILnR /
a �G __'y BY RES. No.J r6 9 `/' LESSEE:
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CI_T-Y OF PALM SPRINGS,.-CAt-,IFORNIA
Ry
Assistant Secretary �GgS,i-rrm_3n
REVIEWED AND APPROVED: 1"\' o/S
LEASE •
(NON-RESIDENTIAL-SHORT FORM)
CALIFORNIA ASSOCIATION OF REALTORS STANDARD FORM'
THIS IS INTENDED TO RE A LEGALLY BINDING AGREEMENT--READ IT CAREFULLY
DngA, California �u0 The 1987 !
�y� Lessor, and
t7 yJrL hvn� & d4d. NeA,%eUe Kon4am A8.A. FAtance +fi.quu Lessee,
( agree as folldws� ;
` One U04e
1 "teisor leases to Lessee and Lessee hires from Lessor those premises described as:
hz
o m k we a4 406 Ito. Palm (jWn 0A.
' 1
together with the foil w'ng furn' ure and fixtures.One Aoo� aiA a.Prk ttonot am X!fN -
one dUopenaea gad pinnace a AW attU to watt cayer.
(Insert "as shown on Exhibit A attached hereto'' and attach the exhibit if the list is extensive.)
2. The term of this lease shall be One fyeaA
(ye rs/months)
commencing '� �i�• 1.E,4 , 19 and Terminating ��� 3/
1988 . Any holding over by Lessee with Lessor's consent beyond the
term of this lease shall be a month to month tenancy at the rental and upon the appiicaVe terms of this lease
except as specified here:
3. Lessee is to pay rent as follows: $ Six 140rlAed Fift t]fAuaREpe4 1WnA untu
izU said Awytai hae been pad, 4t Quinn .o;t an o eA yeaA vZU I be 9mirtied
4'c tctmd{anced ffMnU, /' a ie At .eve ertme
eie�ed a that f.ime. Land 11bn�/te teniaL 9ew.#V Aece vf! o� uAich .i,e,
t cRily Me- the .Ceeeeea.U---ce o _ .
The rent Shall be paid of
or at any address designated by the Lessor in writing.
4. Lessee also agrees to pay upon execution of this lease, in addition to rent, a security deposit:df','
' Said deposit will be returned to Lessee by Lessor or his successors upon full perform-
ante of the terms of this lease.
5., Lessee agrees to pay for all utilities 9ilt4)6K. rnctfR2eL{ at /a(d P"n"ee.
M�W4K,�fV51K�7f•�?�7dS`2�4,s,xK�Ett35Ki�
Les4ee has Examined the premises and all furniture and fixtures contained therein, and"accepts the same
as beiit cl r1 an�in good order, condition and repair, with the following exceptions:
?`'
E i ,p. 9 P 9 P
,/ rt
��`` n ntique 040 eRy
y�:' tTh€' Pre es are reqfed for use o�Iy' as
t muei have linhitUy inetunnce on a uslau.r ae to con4
_ y
B"'Lessees Nall not disturb, annoy, endanger or inconvenience other Tenants of-the building or neighbors,
nor use the premises for any immoral or unlawful purposes, nor violate any law or ordinance, nor commit waste or
nuisance'ppo)i oriabout the premises.
4F4e See shall keep the premises rented for his exclusive use in good order and condition and goy for any
repairs,to 'ed by. his negligence or misuse or that of his invitees. Lessor shall maintain any other parts of the
property d pay,,for repairs not caused by Lessee's negligence or misuse or that of his invitees. `
10,' Lessee shall not paint nor make alterations of the premises without Lessor's prior written consent.
1 Al (ease will terminate if the premises become uninhabitable because of dilapidation, conciemrtation;
fire r'of 'el°.casualty for more than 30 days. Rent will be reduced proportionately if the premises are uninhabif- ',
abi fare rS shorter period. - :r. !, -
0
12; Yfi Lessee's permission, which shall not unreasonably be withheld, Lessor or his agent shai�be perrhii�iid,;a;';,?
to elite' fir i��3pect, to make repairs, and to show the premises to prospective tenants or purchasers. In an
gency `ndlord or his agent may enter the premises without securing prior permission from Tenant,%ut shalt
Tana f nittice of such entry immediately thereafter.
l � p
'd. �7Leilee. shall not let or sublet all or any part of the premises nor assign this lease or any, into est in if ?'
withcipflf a �rior written consent of Lessor. Lessor's consent thereto shall not unreasonably be withheld��,( •+-
,I Lessee abandons or vacates the premises, Lessor may at his option terminate this lease, �e-en,e�,
the prerlti(ses and remove all property.
15;_,i�e prevailing party may recover from the other party his costs and attorney fees of any,action bJou jht
by either party to enforce any terms of this lease or recover possession of the premises.
16_',t Either party may terminate this lease in the event of a violation of any provision of this lease by t O r,� "
party.° l � ��:'ji'� r,
ly.,,The waiver by Lessor of any breach shall not be construed to be a continuing waiver/bf any sbegylen
breacfi:� �' I h((. i I
Lessor! Lessee: /J
Lessor: L ehe e 1rt
/l ,yam
For thsn forma address Celiforn'a Association of Realtors FORM LSF-14
505 Shatto Place,Los Angeles 90020.All rights reserved. (asslsed July IWt)
Copyright I" by California Association of Realtors
0 LEASE r--:
(NON-RESIDENTIAL-SHORT FORM)
CALIFORNIA REAL ESTATE ASSOCIATION STANDARD FORM
THIS IS INTENDED TO RE A LEGALLY BINDING AGREEMENT—READ IT CAREFULLY
--Palm Springs--., California December } 19_4n_
John F. Miller and Frank We Miller Lessor,and
Fred anb Aa;bare Raikoveky D. ,B.A. World wide coin inveetnr■ Lessee, 8
agree as follows:
1. Lessor leases to Lessee and Lessee hires from Lessor those premises described as:
Canyon Drive.
together with the following furniture and fixtures:--one -Suspended r r
t x it IC aee isto ixs1 ne xtoenusi vae. sign can. ,
8`sto nT7Od ffjOIyt e
2. The term of this lease sholl be mti _sa__y_aara ,
(years/months)
commencing, _Dec-ew r , 19A-2— and terminating
lr 30 r 19 85 Any holding over by Lessee with Lessor's consent beyond the
term of this lease shall be a month to month tenancy at the rental and upon the applicable terms of,this lease
except as specified here: L®l�seea obeli notify lessors sixty nova befor the
ran..lp___th-iA_l_a-a-a-/-�,
3. Lessee is to pay rent as follows: $ begDec . 1982 for 12 motitill
_
,�.1 --Tfian-'yBfJ$ 68—Der Bac k Y�8#�az�k2—n[satfi�-;Than $6A5. 00 on Dec . 1st .
�� --1-28�_��r.'1,2�t4oRt_Cha. unCi�_ all aald_=m�ts11 has bean pedd ,l
The rent shall be paid at—t_he _of£Taw �f 7r.hn @_F_rtnk 11111-elrLsa3ora . 1
or at any address designated by the Lessor in writing.
4. Lessee also agrees to pay upon execution of this lease, in addition to rent, a security deposit of
$- _I Said deposit will be returned to Lessee b Lessor or his successors upon full� P y p perform-
ance of the terms of this lease.
5. '•L'' see agrees to pay for all utilities eXXIRk-_iin-Cur-r_sd at iil nr sif man
v NO parking is provided for customers of lessee on premises.
which shall be paid for by Lessor.
6. Lessee has examined the premises and all furniture and fixtures contained therein, and accepts the same
as being clean and in good order, condition and repair, with the following exceptions: nn.r door rn 1.
usskd , for emergency use only.
7. The premises are rented for use only as_C-01na-, only,
v 8._ Lessee shall not disturb, annoy, endanger or inconvenience other tenants of the building or neighbors,
nor use.fhe premises for any immoral or unlawful purposes, nor violate any law or ordinance, nor commit waste or
nuisan6o...6pon or,about the premises.
9. � .i.ess`ee shall keep the premises rented for his exclusive use in good order and condition and pay for any
repoirs.ca,osed,by his negligence or misuse or that of his invitees. Lessor shall maintain any other parts of the
property,an,il.pay for repairs not caused by Lessee's negligence or misuse or that of his invitees.
10.1-,Lessee shall not paint nor make alterations of the premises without Lessor's prior written consent.
11. This lease will terminate if the premises become uninhabitable because of dilapidation, condemnation, I
fire or other;casualty for more than 30 days. Rent will be reduced proportionately if the premises are uninhabit-
able for tiny$barter period.
12. With Lessee's permission, which shall not unreasonably be withheld, Lessor or his agent shall be permitted
to eh ters'46'in6pect; to make repairs, and to`show the premises to prospective fenant3 or pumh6sers: In an-emery -
ericy, Landl6rd of his agent may enter the premises without securing prior permission from Tenant, but shall give
Tenant hoiice.,of such entry immediately thereafter.
13.' Lessee shall not let or sublet all or any part of the premises nor assign this lease or any interest in it
without the prior written consent of Lessor. Lessor's consent thereto shall not unreasonably be withheld.
14. if Lessee abandons or vacates the premises, Lessor may at his option terminate this lease, re-enter the
the premises and remove all property.
15. The prevailing party may recover from the other party his costs and attorney fees of any action brought
by either'party to enforce any terms of this lease or recover possession of the premises.
16.' Either party may terminate this lease in the event of a violation of any provision of this lease by the other
party.
17.. ;The waiver by Lessor of any breach shall not be construed to be a continuing waiver of any subsequent
breach.
4--
Lessor: ���/� J /�' �t Lessees,,
r �
Lessor: l � Lesse _, p
i
For theee form,, e., [us Calif.,aes 9 Real All
rI A.reseved. FORM LSF-14
520 So. Grand Ave., lee Calif.r le Rea All rlRhls reserved.
Cepyri0hl, Moy'1970, by California Real 6tole Aesociaiion. (Revised July 1971) CITIZEN PRINT SH
LEASE r
(NON-RESIDENTIAL- SHORT FORM)
CALIFORNIA REAL ESTATE ASSOCIATION STANDARD FORM
THIS IS INTENDED TO BE A LEGALLY BINDING AGREEMENT—READ IT CAREFULLY
Palm Springs, California February 6, 19 79
JoI1n F Mi11eLa Pink W _/iillei Lesso§and
Mrs Wally Epstein w opera firlloy D B A De aR3 Lessee,
"agree as follows:
1. Lessor leases to Lessee and Lessee hires from Lessor those premises described as: # 404 North
-na.1m—C%aa3yon Drive. Pa m wings ra1 i f_ -
- one ere—bl7-iAding —
together with the following furniture and fixtures: Co"uspenddd--gOne
—refrigerated air conditioner, ceiling light fixtures, and Alarm egpt.
(Insert "as shown on Exhibit A attached hereto'' and attach the exhibit if the list is extensive.)
2. The term of this lease shall be FPfi_ 7st_ .-t0 Aug,_3Tst. T979 at $375.90 per--Mo.
and then Sept Ist. I979 foIYec61YM07libgr term $400.00 per month.
� tcommencingSept Ist. I9$0 for a on( _yeyeagndtiq A-435.00 per Month
19 P,Y7l'➢4ldkng7[n¢aa7L17y1S1@4G7EaCwJ4b[ &5xd[XxDh]tPA7i76lE�ACJ�74�Fe
term 9f7t +x113pX��:9L3SC. 7CS�'DL'.I'4x7S4R9S14➢`;TTRCxS43#r7;fxSS�37V.RT7PC3£7LOG2p�LCS�Q.�CJGILQ4EC7[Sf7[�d]C
I_ except lip on_t]ie s.ign,g_of this-lea seee_aessors wail acknowlege
tt Receipt of a_cbRzk Feb-_r_ent-al and a ch-eck-for security deposit.
3. Lessee is to pay rent as follows: $ On the first day of each and ey_e" month
+ Va
th-e—amounts—as specified abo_v_e wj-11 be due and >yable.
rThe rent shall be paid at The (lf f i C-eof iohn-And Frank Mi11-er 4I4 No Palm Canyon
or at qt j:W4ress designated by the Lessor in writing.
L, 4 .Less , also agrees to pay upon execution of this lease, in addition to rent, a security deposit of
$ Said deposit will be returned to Lessee b Lessor or s successors upon full perf rm- j
unce the term�,s of this I ase. LJ; '(`( 3 rc>c 'N'�C7CL �(:l� / r �'G'f-3LP rV C1A000
ClkIP✓rl� M pn Oe s [f�.� / n r Cz /�211. P
ties T I
Lessee agrees to p�y for all utilitiesy{J�r:���ao++�,�re�ar��a� r83-SGS
??_ar Door is to be kept C—loSed—at all times emergency exit only.
which shall be paid for by Lessor.
6. Lessee has examined the premises and all furniture and fixtures contained therein, and accepts the same
as being clean and in good order, condition and repair, with the following exceptions: The 7 esseS
�; agree to upgrartP_and ma±nain a st4x�that will_be a credit to
°6 I� 7. t#L& pgpfr&� are rented for use only as Boutique and access 9£ies s
ell 8. Lessee shall not disturb, annoy, endanger or inconvenience other tenants of the building or neighbors,
nor use the premises for any immoral or unlawful purposes, nor violate any law or ordinance, nor commit waste or,
nuisonce upon or about the premises.
9. Lessee shall keep the premises rented for his exclusive use in good order and condition and pay for any
repairs caused by his negligence or misuse or that of his invitees. Lessor shall maintain any other parts of the
property and pay for repairs not caused by Lessee's negligence or misuse or that of his invitees.
10. Lessee shall not paint nor make alterations of the premises without Lessor's prior written consent.
11. This lease will terminate if the premises become uninhabitable because of!' dilapidation, condemnation," fire or other casualty for more than 30 days. Rent will be reduced proportionately if the premises are uninhabit-
able for any shorter period.
12. With Lessee's permission, which shall not unreasonably be withheld, Lessor or his agent shall be permitted i
to enter to inspect, to make repairs, and to show the premises to prospective tenants or purchasers. In an emer-
gency, Landlord or his agent may enter the premises without securing prior permission from Tenant, but shall give
Tenant notice of such entry immediately thereafter.
13. Lessee shall not let or sublet all or any part of the premises nor assign this lease or any interest in it
without the prior written consent of Lessor. Lessor's consent thereto shall not unreasonably be withheld.
14. If Lessee abandons or vacates the premises, Lessor may at his option terminate this lease, re-enter the
the premises and remove all property.
15. The prevailing party may recover from the other party his costs and attorney fees of any action brought
by either party to enforce any terms of this lease or recover possession of the premises.
16. Either party may terminate this lease in the event of a violation of any provision of this lease by the other
party.
17. The waiver by Lessor of any breach shall not be construed to be a continuing we. raanysequentbreach. �
Lessor: r Lessee:
Lessor: L/!Z_ �7i Lessee:
For Ihe,e form,, address California Real E,1.1e A,nada0an, FORM LSF-14
520 S., Grand Ave., I.,Angeles 90017. All rlehh reserved.
Capyriehl, May 7970, by California Raal Estate A,,.datian. (Revised July 1971) CITIZEN PRINT SHOP
RENT ROLL FOR MILLER PROPERTY
Monthly SF
Address Tenant Rent Size
400 N. Palm Canyon World Wide Coins 720 0
402 N. Palm Canyon $5 720 8
404 N. Palm Canyon Debbi' s $r3:" Goo 720 6
406 N. Palm Canyon -awmag GSo720
/bl a i d �ar yo.Caw
429 N. Palm Canyon That Place Ste&-V2S 511 5
Boutique
—
U
X
N
LEASE
(NON-RESIDENTIAL-SHORT FORM►
CALIFORNIA ASSOCIATION OF REALTORS STANDARD FORM
THIS IS INTENDED TO BE A LEGALLY BINDING AGREEMENT—READ IT CAREFULLY
Palm Sltrinr4 California �Tn1� 19_��
PraIll' '4. 1`11 11 er and Ynhn r Miller Lessoljand
Rutil Dash 71,rp,(1, That plane Lessee,
agree as follows:
1. Lessor leases to Lessee and Lessee hires from Lessor those premises described as: 428 N6
Palm Canyon tree Palm Springs ca
together with the following furniture and fixtures: Sungl arp Shades nyt tsi ntinwal one n rtnirie
sign case, one eValiorati.ve CoalertPold finialred Clothes tsars and
(Insert ''as shown on Exhibit A attached hereto" and attach the exhibit if the list is extensive.) brackets.-
2. The term of this lease shall be TW .1Ve mallthB
(years/months)
commencing AllguSt 1st Ist 1977 and
teterminating Atl it BA 1stii 1978,
fE7f7Gt��'th l7eY�e sfgll'$ S'F7'blttF• Yr9eRt7 1�n6af `4LrYfd�l'an vn' �clx'r7lt '7te`b
,P�e YgsW"3 C!NlajXrr :_Lessec shall notify lessor Grp (lays before the expiration
Ordcj
a£ this lease of their optiv-11 to revel or ive ul remisesLessee is to pay_rent as follows: $ - aS Ii iP alld 1;,;4 mnn+h . tat �/�)C'. `"].n�� —n 'f')`ich is ttr_er tcY.uoltleclrert. ` 7,75_�00 on tale first twv o
Septa 78 ,ind tirell '"�Wf5.n ) op the first of each and every month
ther. eaftcr until all said rental has been paid„ ; l
The rent shall be aid at
p office Of the lessor 4t4 N. Palm_Canyon, Palm Spri.nr,s,
or at any address designated by the Lessor in writing. rr A. Lessee also agrees to pay upon execution of this lease, in addition to rent, a security deposit of
$ None __. Said deposit will be returned to Lessee by Lessor or his successors upon full perform- V
Once of the terms of this lease. i l
5. TeSs"b'91 8�s'I$ �S�T6T Z5fF11ff1TiiLra'4-xV�1L F.e a aPyr -eta be reasonable in Ilse
of a11. ntIlities, Whiclt are beitl£; furtlished by lesscrr a,
which shall be paid for by Lessor.
d all furniture and fixtures contained therein, and accepts the same
6. Lessee has examined the premises an
as being clean and in good order, condition and repair, with The following exceptions:
7. The premises are rented for use only as Ladies Wearing a nian?1 and) (rift shoply +� ��l•
B. Lessee shall not disturb, annoy, endonger or inconvenience other tenants of-the building or neighbors,
nor use the premises for any immoral or unlawful purposes, nor violate any law or ordinance, nor commit waste or
nuisance upon or about the premises.
V
9. Lessee shall keep the premises rented for his exclusive use in good order and condition and pay for any 3 repairs caused by his negligence or misuse or that of his invitees. Lessor shall maintain any other parts of the ^i
property and pay for repairs not caused by Lessee's negligence or misuse or that of his invitees. wp
10. Lessee shall not paint nor make alterations of the premises without Lessor's prior written consent.
11. This lease will terminate if the premises become uninhabitable because of dilapidation, condemnation, �X
fire or other casualty for more than 30 days. Rent will be reduced proportionately if the premises are uninhabit-
able for any shorter period.
12. With Lessee's permission, which shall not unreasonably be withheld, Lessor or his agent shall be permitted— c
to enter to inspect, to make repairs, and To show the premises to prospective tenants or purchasers. In an Omer- �•
gency, Landlord or his agent may enter the premiss without securing prior permission {Porn Tenant, but shall give J +
Tenant notice of such entry immediately thereafter.
13. Lessee shall not let or sublet all or any part of the premises nor assign this lease or any interest in it C l
without the prior written consent of Lessor. Lessor's consent thereto shall not unreasonably be withheld. _1
14. If Lessee abandons or vacates the premises, Lessor may at his option terminate this lease, re-enter The If,
the premises and remove all property.
15. The prevailing party may recover from the other party his costs and attorney fees of any action brought
by either party to enforce any terms of this lease or recover possession of the premises.
16. Either party may terminate this lease in the event of a violation of any provision of thii lease by the other
party.
17. The waiver by Lessor of any breach shall not be construed to be a continuing waiver of any subsequent
breach
lessor: . Lessee: l T
Less Lessee:
For these forms address California Association of Realtors FORM LSF-14
605 Shatto Place,Los Angeles 90020.All rights reserved. (lamsea July 19n)
Copyright IP71 by California Association of Realtors
t Ce