HomeMy WebLinkAbout00089C - PA1B52 SPECIALTY PROPERTIES 431 NPC LEASE Benton Searle Gaskell, dba
STORE L E A S E Specialty Properties at 431 NPC
dil PA#l-B2 (Lease) z4
AGREEMENT #89
Resolution #230, 6-27-84
_ r.
THIS LEASE, executed in duplicateat Palm Springs,
1 California,this
" 1st dayof June 19 84 , byandbetween Palm Springs Redevelopment Agency
and Benton Searle Gaskell
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 Palm Springs
State of California, and more particularly described as follows, to-wit:
431 N. Palm Canyon Drive
The term shall be for one yearn commencing on the
1st day of June 1984 ,and ending on the
31 s t day of May 19 85 ,at the total rent or sum of
Two Thousand Eight Hundred Fifty ($ 2,850.00 ) 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:
June 1 , 1984 $ 200.00
July 1 , 1984 $ 210.00
August 1 , 1984 $ 220.00
September 1 , 1984 $ 230.00
October 1 , 1984 $ 240.00
I'IV VeIiIUer I , -r.`/I)'t - `- 2 00 -
December 1 , 1984 $ 250.00
January 1 , 1985 $ 250.00
February 1 , 198$ $ 250.00
March 1 , 1985 $ 250.00
April 1 , 1985 $ 250.00
May 1 , 1985 $ 250.00
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, water and fuel shall be borne
b y the 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 amy-other tenant in the building wherein the dool 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 goad 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--DOUBLE SHEET This standard form covers most usual problems in the field Indicated. Before von sign, read it, fill in all blanks,
W1I-1o11S FORM 981-nev 1er70 and mako changes proper to your transaction Consult a lawyer It you doubt the form's fitness for ycur purpose
� � _.
— —� . ICI iI�
.` j �
,1 I
� � � I
%] I �I
� � I I
i"� �I
a
1 �i � i
� i
7 ii
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 elements excepted. If lessee shall hold over with consent of lessor, then there shall
exist a month-to-month tenancy, for which monthly rental shall be $250."TO 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 take possession 1st of June, 1984.
Liability 1-nsurance-'co be-provifea by Le-s-see-,-accor6Tng tom` -
City requirements.
$20 to be deducted per month from above-stated rents as reimbursement
for lessee's payment for electricity for parking lot lighting.
Lessee acknowledges that he may be subject to taxation of the possessory
interest herein leased and agrees to pay any such tax when due.
�1 u
' i
o .
i
Benton Searle Gaskell, dba �i
STORE L E A C E Specialty Properties at 431 NPC
PA#l—B2 (Lease) � :•?
AGREEMENT #89
j
Resolution #230, 6-27-84
THIS LEASE, executed in duplicate at Palm m Springs,� California,this I
I
„ I
1st day of June 19 84 , by and between Palm Springs Redevelopment Agency)
and Benton Searle Gaskell
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 Palm Springs
State of California, and more particularly described as follows, to-wit:
431 N. Palm Canyon Drive
The term shall be for one yearx,commencing on the
1st day of June 1984 ,and ending on the
31 s t day of May 19 85 ,at the total rent or sum of
Two Thousand Eight Hundred Fifty 13 2,850.00 ) 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:
June 1 , 1984 $ 200.00
July 1 , 1984 $ 210.00
August 1 , 1984 $ 220.00
September 1 , 1984 $ 230.00
October 1 , 1984 1 $ 240.00
P4over17Ger T , 1�`J4 — $ 250.00 —
December 1 , 1984 $ 250.00
January 1 , 1985 $ 250.00
February 1 , 1985 $ 250.00
March 1 , 1985 $ 250.00
April 1 , 1985 $ 250.00
May 1 , 1985 $ 250.00
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, water and fuel shall be borne
b the lessee
Y
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 wbilal may disturb the quiet enjoyment of any other tenant in the building wherein the demisedpremises 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!,tolessor.
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 mvltees, 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 lobtaining written consent of lessor.
1.EA51°-5Tovc—SMORi FORM--o.u Ea LIE seear This slandard lorla covers most usual problems In the field Ind¢ated Before you sign, read it, fill in all blanks,
WOI,COTTS FORM 9B1-r 10/78 and nabs use0 ge5 proper t0 y00r tfA133Cti0n curl a lawyer If you doebt the forms fitness for your purpose.
I I I�
� I
I I �
j
APPROVED AS TO FORM
City Attorney
l
IN WITNESS WHEREOF, lessor and lessee have executed these presents, the day and year first above written.
COMMTNI REDEVELOPMENT AGENCY
/ Chairman
/I
b
- LESSOR - LESSEE
Assistant Secretary
� 1
�I
i
I
L
1