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BC 1945 05 07
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BC 1945 05 07
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Last modified
4/8/2003 10:35:17 AM
Creation date
11/27/2017 12:28:09 PM
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Meeting Minutes
Doc Type
Minutes
Meeting Minutes - Date
5/7/1945
Board
Board of Commissioners
Meeting Type
Regular
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party of the first part before the end of the term, as hereinafter pro- <br /> vided, the party of the first part agrees to reimburse the party of the <br /> second part for the undepreciated value of said alterations, additions <br /> and repairs, based upon the life or term of this lease; but if said <br /> lease is terminated by the party of the second part, for any cause, said <br /> party of the second part shall be entitled to no reimbursement for alter- <br /> ations, additions and repairs. <br /> <br /> of Party of the second part agrees to keep the outer walls and roofs <br /> the buildings, including barns, on the demised premises in proper and <br /> <br /> substantial repair, and further agrees to keep said buildings properly <br /> painted to the extent necessarYUsE OF PR~ISEsf°r protection against the weather. <br /> <br /> It is expressly agreed that the demised oremises~ shall during <br /> the term of this lease be used exclusively for the purpose of ~conducting <br /> a nursing home. <br /> <br /> DAMAGE OR DESTRUCTION BY FIPE <br /> <br /> If during the term of this lease the buildings on the demised <br /> premises are damaged by fire or other casualty in a minor degreem b~t no~ <br /> <br /> ta~%thd~netXtheen~steh~tf ~i~e~°rm~.~ies~a~ ~rt~eartf~ tpah~s~~ ~r~itr° <br /> such damage as quickly as is reasonably possible. <br /> <br /> But if said buildings be damaged to such an extent that it is <br /> <br /> .necessary for party of the second part to abandon the use thereof, then <br /> and in that event this lease shall terminate as of the date of such <br /> damage. <br /> <br /> BANKRUPTCY OR INSOLVENCY OF TwO, ANT <br /> <br /> It is expressly agreed that if at any time during the term of <br /> this lease party of the second part shall be adjudged bankrupt or in- <br /> <br /> solvent by any Federal or State court of competent jurisdiction, such <br /> adjudication shall terminate and cancel this lea.~e without any further <br /> action on the party of either party hereto, and party of the first part <br /> may at once reenter and take possession of said premises. <br /> ASSIG~{~NT AND SUBLETTING <br /> Party of the second part shall not assign this lease or sublet an~ <br />~ · part of the demised property without the written consent of party of <br /> <br /> the first part. <br /> OPTION BY LANDLORD TO TERMINATE LEASE <br /> t THis lease is, however, executed and accepted subject to the <br /> <br /> , condition that if at any time during the term thereof such an emergency <br /> should arise that as to make it necessary for the party of the first <br /> . part to use the premises for the purpose of providing a County Home for <br /> ~-- the aged and infirm of the county, then in that event the party of the <br /> · first p~.rt may terminate and cancel this lease by giving to party of <br /> <br /> <br />
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