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5.0. 6.0. EDSR 03-08-1999
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5.0. 6.0. EDSR 03-08-1999
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City Government
type
EDSR
date
3/8/1999
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Sublessor shall have all of the rights and remedies against Sublessee as are available to Landlord <br /> against Sublessor pursuant to the Prime Lease. <br /> Sublessee hereby expressly waives service of any notice of Sublessor's intention to <br /> reenter and waives all right of restoration to possession of the Subleased Premises after reentry or <br /> after judgment for possession thereof. In case of any such termination, and in addition to any <br /> other remedies which Sublessor may have, Sublessee shall indemnify Sublessor for all damages <br /> Sublessor may incur by reason of such default, including the cost of recovering the Subleased <br /> Premises, attorney's fees and expenses incurred in enforcing any term of this Sublease, and the <br /> rent reserved in this Sublease for the remainder of the Term, all of which amounts shall be <br /> immediately due and payable to Sublessor. Sublessor shall have no obligation whatsoever to <br /> mitigate the aforesaid costs, expenses or damages incurred or suffered by Sublessor. <br /> (14) Security Interest. Sublessor shall have a security interest in all trade fixtures, <br /> exterior signs, floor coverings,or drapes, or any other equipment or property owned by Sublessee <br /> and installed on the Subleased Premises, for rent and other sums which may become due <br /> Sublessor, or upon any default, under this Sublease and the Prime Lease. Sublessee agrees to <br /> execute such UCC filings as Sublessor may require as necessary to perfect such security interest. <br /> (15) Expenses and Attorney's Fees. Sublessee shall pay to Sublessor within ten (10) <br /> days after receipt of an invoice therefore an amount equal to any costs, legal or otherwise, <br /> including attorney's fees, incurred by Sublessor in protecting Sublessor's interest in the <br /> • Subleased Premises or in enforcing Sublessor's rights under this Sublease, whether or not a <br /> lawsuit is involved. <br /> (16) Relocation. In the event that the Landlord exercises its rights, if any under the <br /> Prime Lease to relocate the Leased Premises, then Sublessor shall have the same right to relocate <br /> the Subleased Premises,upon mutual agreement of Sublessor and Sublessee. <br /> (17) Notice. Any notices or demands (not to include invoices) permitted or required <br /> hereunder shall be deemed given or made if, and shall not be deemed to have been delivered or <br /> made unless, in writing and delivered personally or deposited in the United States mails, <br /> registered or certified,postage prepaid, addressed to Sublessor and Sublessee jointly as follows: <br /> If to Sublessor: City of Elk River Economic Development Authority <br /> Elk River City Hall <br /> P.O. Box 490 <br /> Elk River, Minnesota 55330-0490 <br /> Attention: Paul Steinman <br /> If to Sublessee: <br /> • <br /> eda/doc/wateleas 5 <br />
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