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Home My WebLink About00101C - JEFFREY GEPPERT SPECIALTY PROPERTIES LEASE 431 NPC Jeffrey Leppert, cllt� ( /, STORE LEASE Jeffrey Geppert lease at 431 NPC, to be used as a gem store \ (was Specialty Properties) AGREEMENT #101 (orig 9-20-84) Res 258, 10-3-84 THIS LEASE, executed in duplicate at Palm Springs, California, this 20th day of Septeml.er , 19 84 by and between Palm spri.ths Tte,I eve,iz, ^:It ^gUttcy and Jeffrey Geppert hereinafter called respectively lessor and lessee, without regard to number or gender, WITNESSETH: That lessor hereby leases to lessee, and lessee hires from lessor,for the purpose of conducting therein and for no other purpose, those certain premises with the appurtenances,situated in PlIll, S>>ri'l�s 431 N. Pcllr,! Canyon Drive State of California, and more particularly described as follows, to-wit: The term shall be for one years,commencing on the 5th day of Octobcr 19,94 ,and ending on the hth day of October 19 Pq ,at the total rent or sum of ?'our Thousand Two Hundred I$ ZT,?00.00 ) Dollars, lawful money of the United States of America, which lessee agrees to pay to lessor, without deduction or offset, prior notice or demand, at such place or places as may be designated from time to time by lessor, in installments as follows: 0350.00 per mfonth, rlaye11)3.e on the 5th of each mouth, .-^ ")-00 per TOoIth credit is to be -allowed lessee for the use Os lee r 1 r trio 7'y the city. This <7,,11oullt to be deducted from the monthly pttyfrents or rent or Lis long as the city co-.ti-lues to use the same meter, $350.00 deposit to be used for last month's rent. It is further mutually agreed between the parties as follows: 1. Lessee promises to pay rent in the amount and manner herein specified. Utility charges, including light, tv W— -and fuel shall be borne by Lessee 2. Lessee agrees not to commit, nor to suffer to be committed, the following: (a) any waste upon said premises, (b) any nuisance, (c) any other act which may disturb the quiet enjoyment of any other tenant in the building wherein the demised premises are located, (d)any action which will increase the existing rate of insurance upon the building, or cause a cancellation of any insurance policy covering said building, or any part thereof. (e) Any alterations on said premises without the written consent of lessor, and any additions to said premises, except removable furniture and trade fixtures, shall at once become part of the realty and belong to lessor, 3. Lessee shall, at his sole cost, keep and maintain in good repair the premises and appurtenances, including sidewalks, and lessor shall not be liable to lessee nor his invitees, except as provided for by law for loss or injury to person or property by reason of any failure to keep premises in repair, or for any loss or injury to person or property caused by or resulting from the act or neglect of lessee, other tenants, or other persons upon the demised premises or any portion of the building of which they are a part. 4. Lessee shall not assign this lease or any interest therein, nor shall he sublet said premises or any part thereof, nor suffer any person not his agent or servant to occupy or use said premises without first obtaining written consent of lessor. LEASE—STORE—SHORT FORM--DOU6LE SHEET This standard form covers most usual problems in the field indicated. Before You sign, read it, fill in an blanks, W OI-COTTS FORM set flw.lons and make changes proper to your transaction Consult a lawyer If you doubt the form's fitness for yGer purpose 5. That upon the termination of this lease, for whatever reason, lessee will quit the premises and surrender the same in good order and condition, subject to reasonable use and wear, damage by the ele �8' s x ed. If lesseehall hold over with consent of lessor, then there shall exist a month-to-month tenancy,for which monthly rental shall be , subject to the terms and conditions above specified. 6. The appointment of a Receiver to take possession of substantially all of lessee's assets, or a general assignment by lessee for the benefit of creditors, or any action taken by lessee under any insolvency or bankruptcy act shall constitute a breach of this lease by lessee. 7. If any rent shall be due and unpaid or if default shall be made in the covenants herein contained, then lessor, after giving proper notice, may reenter and, to the extent allowed by law, take possession thereof, removing all persons therefrom,and all property thereon, holding the same at the cost of and for the account of lessee. Lessor may elect to terminate this lease, or to rerent the premises, without terminating the lease, at a reasonable rental, and lessee shall pay any deficiency thereon, together with costs incurred by lessor in connection therewith. & All covenants and agreements by lessee shall be deemed conditional limitations.TIME IS OF THE ESSENCE IN THIS AGREEMENT.All cove- nants and conditions herein shall apply to and bind the heirs, successors, administrators and assigns of all parties hereto; and all the parties hereto shall be jointly and severally liable hereunder. AND PROVIDED FURTHER: Lessee to balce possession 5th of Dctol;er, 1984 Li.,ihility Insurance to be provided 1,y Lesse^, ._rCordi;ig to pity rer! Jirrments. �20. to ?ee decncted per taonth from n} ove_stat4d .rents :.s rcimhw sr. . It ror LcsseeIs payment for r.lectricity for n ,ri:i:.g lot r. ;'Ming. Less e'c;oxvledges that he may be subject to tasatiou of the possessory interest herein leased and agrees to pay any such ta,-: when due, CIeI46- 3 021 APPROVED AS TO FORM TL ity Attorney DEt9 IN WITNESS WHEREOF, lessor a esse v e ted these presents, the day and year first above written. ChairOn COMMUNITY RED LOPMENT AGENCY LESSOR LESSEE APPROVED BY ihE WiifuryiUj�411Y kEDEV. NW Ol 98 (Ed. 12-82) 0 Certificate of Insurance The Nationwide Mutual Insurance Company or the Nationwide Mutual Fire Insurance Company certifies that the insurance-afforded,by the o,__licy or policies numbered and described below is in force as of the effective date of this certificate and that this Certificate of Insuran�(;does not amend,;extend �tferwise after the terms and conditions of insurance coverage contained in any policy or policies numbered and describedfde�Aw,.. v� Certificate Holder's Name and Address: LI U�Q C;OWER U Palm Springs Redevelopment _�gency Box 1786 Palm Springs , CA 92236 NOV 1 6 1984 I_ J DESCRIPTIVE SCHEDULE This is to certify that policies of insurance listed below have been Issued to the insured named above and are in force at this time. POLICY POLICY LIMITS OF LIABILITY IN THOUSANDS(000) EFFECTIVE EXPIRATION EACH TYPE OF INSURANCE POLICY NUMBER DATE DATE OCCURRENCE AGGREGATE GENERAL LIABILITY 29 Comprehensive Form New Issue 11 /1/84 11 /1/K Bodily Injury $ $ Premises—Operations Property Damage $ $ 71 Explosion and Collapse Hazard ❑ Underground Hazard ❑ Products/Completed Operations Bodily Injury and Hazard Property Damage $ 300, $300, ❑ Contractual Insurance Combined ❑ Broad Form Property Damage ❑ Independent Contractors ❑ Personal Injury Personal Injury $ J Broad Form Comprehensive G.L. Endorsement AUTOMOBILE LIABILITY Bocdy Injury Comprehensive Form (Each Person) $ ❑ Owned Bodily Injury Hired (Each Accident) $ ❑ Non-Owned Property Damage $ Bodily Injury and Property Damage $ Combined EXCESS LIABILITY Bodily Injury and ❑ Umbrella Form Property Damage $ $ Combined WORKERS' COMPENSATION Statutory AND (Each EMPLOYERS' LIABILITY $ Accident) OTHER Additional Informa-ion: Description of Work. . . . . . . . . . . . . . . . Certificateholder to be named addil insd. . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . Location of Work . . . . . . . . insurance in force only for hazards indicated by X. hationwideagreesto mad L:e Certificate Holder named hereon at this indicated address(a)at least 10 days'pnor noticeof cancellation of the policy or policies andlor this certificate,except that this certificate stall expire on the expiration date if it is shown above;and(b)notice of any other material change in the policy or pol"s. This certificate is executed Dy Nationwide Mutual Insurance Company if said company has issued Date Certificate Issued 1 1/1 2/84 Tee policy to which this cerriicate is attached;it is executed by Nationwide Mutual Fire Insurance Company if said company ras issued the policy to which this certificate is attached NATIONWIDE MUTUAL INSURANCE COMPANY insured's Name and Address: NATIONWIDE MUTUAL FIRE INSURANCE COMPANY yn, nn Columbus, Ohio Jeffrey Geppert 7A. Naoko ' s Treasure of Land and Sea Countersigned at. Authorized Representative 431 N .Spring Canyon Dr .s , CA 92262 J San Bernardino , CA G. Eldred Auto 57a7B Pa lm Sprring