5.2. SR 07-22-2002 - Laserfiche WebLink

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WOODLAND TRAILS HOUSE LEASE It is agreed this 1't day of ,2002 by and between The City of Elk River, Landlord, and Harvest Evangelism Inc. d/b/a Love Elk River, collectively, Tenant: That the Landlord hereby leases to the Tenant, and the Tenant hereby leases from the Landlord, the house located in Woodland Trials Park, , Elk River MN 55330, the rented area shall include the approximately 200 ft by 250 ft yard bounded by the park entrance, the golf course, the county road, and the garage, the unattached garage is included in the rented area (the "Premises"). Tenant shall not have access to the separate storage area in the garage which will be used by Landlord which reserves the right to lock the storage area and access it on a regular basis without prior notice to the Tenant. In consideration of the mutual promises of the parties herein and upon the terms, provisions, and conditions following: 1. LEASE TERM. The term of this Lease shall be one (1) year commencing on the 1't day of , 2002, to and including the 31't day of , 2003. If not terminated at the end of the initial lease term as hereinafter provided, this Lease shall automatically renew for successive one- year terms. If either party wishes to terminate the Lease at the end of the inifal lease term or thereafter, written notice must be given 30 days prior to the end of the Lease term. 2. RENT. Tenant shall pay as rent for the Premises the sum of Three Hundred dollars ($300.00) each month due on the first day of each month beginning on 1, 2002, said rental shall be paid at all times in advance for the month, with interest on all delinquent rental at the maximum lawful rate allowed under the law of Minnesota from date due, and all sums shall be payable to the Landlord at 13065 Orono Parkway, Elk River, MN, 55330. In the event Tenant has not paid the monthly rent by the fifteenth day of the month an additional late fee of $25.00 shall be due. Landlord shall have the fight to increase the amount of monthly rent at the beginning of each renewal term by giving Tenant written notice of the increased rent at least 60 days prior to the end of the then current Lease term. 3. USE. Tenant shall use the Premises to provide transitional or emergency housing only and shall not permit the Premises to be occupied for any purposes or permit any act which shall invalidate any policy of insurance on the Premises or increase the fire hazard. Tenant shall not permit any pets or other animals to be kept on the premises. Tenant further agrees not to permit any activities that would interfere with the public's use or enjoyment of the neighboring park.