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HomeMy WebLinkAbout112320_ca03Consent Agenda JEFFERSON COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST TO: Board of County Commissioners Philip Morley, County Administ for . W"��` FROM. Mark McCa atthew Court �� 1 DATE: 11/23/2020 SUBJECT: Request to approve Lease for Water Quality Department STATEMENT OF ISSUE: The issue is the lack of office space at the County's Castle Hill complex to properly accommodate the departments utilizing the space. ANALYSIS: This opportunity to move the Water Quality Department out of the main Health Department building will allow both groups to operate more efficiently during normal circumstances along with allowing for easier compliance with social distancing while at work during current times. The new space is 960 Square Feet located inside of the castle hill complex on the opposite side of the parking lot from the Health Department. As well this will free up space for the Health department to expand into the previously occupied area. FISCAL IMPACT: $21,738 for the first year increased at. Z l%/.each year for 5 years RECOMMENDATION: I recommend the board approves this lease Date CASTLE HILL ASSOCIATES LLC 1200 W. SIMS WAY, SUITE D PORT TOWNSEND, WASHINGTON 98369 360-38S-0819 Date: October 26, 2020 To: Matt Court, Jefferson County Central Services H1 Matt: Enclosed please find the lease for the space at 1200 W. Sims Way, Suite' The total rent, including triple net, is $1.69 at inception. There is no change in the total but 1 had quoted .20 for triple net when it is actually .22 cents, thereby bringing the base rent as I had mentioned to $1.47 psf/mo. Upon receipt of liability insurance you may enter the premises prior to your ���Syer 1, 2020 lease start date to paint or make improvements preapproved by the Landlord. Please see Addendum "A' for a summary. The lease has a standard CPI clause but we charge a little less, .025%, for PT, than the 5 yr published average that is higher. We will provide you with a couple of keys for the handicapped bathrooms. Our office is located above your space. My partner and I are in and out but our Office Manager, Paige McLaughlin, is there Tue, Wed, Thur from 9-2. Please look over the lease and if approved, please sign and notarize your signature. Please add information on Page 18 regarding " Notices If you have any questions, please don't hesitate to call. Sincerely, Shirley Rudolph and Ken McBride, Owner/Partners ADDENDUM'A' TO LEASE DATED DECEMBER 1, 2020, BETWEEN CASTLE HILL ASSOCIATES LLC, LANDLORD, AND JEFFERSON COUNTY CENTRAL SERVICES, TENANT 1) The lease shall be for five (5) years beginning Qgzem 1, 2020 and Ending November 30, 2025. Rent shall consist of Bate Rent on 961 sf beginning at $1.47 psf plus current triple net of .22 psf for a total Year 1 of $1.69 psf . Thereafter, base rent shall be subject to the Consumer Price Index of .025% annually. Rent to be as follows: Yr 1 Base Rent: $1,412.67 Yr 2 $1,447.99 Yr 3 $1,484.19 Yr 4 $1,521.29 Triple Net: $211.42 Total: $1,624.09 Total: $1,659.41 Total: $1,695.61 Total: $1,732.71 Yr 5 $1,559.32 " Total $1,770.74 Note: Triple Net may adjust from time to time based on the cost of taxes, building insurance and common area maintenance 2) Tenant to pay all utilities. 3) Tenant to advise their employees to not park directly in front of a building or within close range for the convenience of clients and customers. 4) HVAC System: Tenant agrees to pay an annual fee for quarterly maintenance of the air conditioning/heating system, currently by Peninsula Heating and Cooling and paid through Castle Hill Associates approximately $300./yr 5) Tenant to provide liability insurance as outlined in the lease prior to occupying or working in the space. Upon submitting this coverage, Tenant has permission to go into the space prior to Dec. 1, 2020, to make improvements with prior Landlord approval. 6) Tenant shall provide an insert for the lighted sign at the front of the building (approved by the City of Port Townsend) and a sign on the street side of the building. All other terms and conditions of the lease to remain the same. Accepted and Acknowledged: Tenant Date Landlord Date Lease Index Name, Address, Parties, Use, Term Minimum Rent Security Deposit, Additional Charges Uses Prohibited Compliance with Law Alterations and Additions .:.............................. Repairs Liens Assignment and Subletting, Hold Harmless Subrogation LiabilityInsurance ........................................ Utilities Personal Property Rules and Regulations -General Overview Holding Over Entry by Landlord Tenant's Default.. ...................................... Remedies in Default Default by Landlord Reconstruction Tenant's Statement Parkingand Common Areas ............................... Authority of Parties Signs Displays Auctions Hours of Business -- General Provisions .. ... . ....... -... - Sales of Premises by Landlord Subordination, Attornment Notices No Smoking Facility Standard Option Agreement ............................... Lease Guarantee Rules and Regulations— Current Building Layout Notary Page bRC H IvAl e nreetds f ,fie x r r ra 1 1and 2 2 3,4and5 I D 5 6 6 and 7 7 7 and 8 8 n aEtu -nJ n a � 9 9 9 9 10 10 and 11 17 a"'I "! .L.L itaa i�. 12 13 14 14 14 and 15 15 15 15 and 16 16md-17 _ _ - 18 18 18 and 19 1a. 20 21 22 and 23 24 25 LEASE NAME OF CENTER: � (�—S-i}Q rp) 0 c, e'Lrr- ADDRESS OF SPACE: ( so IT _'\ r n e i 20o , is made by and PARTIES 1. This lease, uaiG v - � Between ��-c i-- f- 4 (herein called "Landlord") and ,11-L- i- t � ,0 I C-fE,5 (Herein called "Tenant). 2. Landlord does hereby lease to Tenant and Tenant hereby leases from Landlord that Certain space (herein called "Premises"), having dimensions of approximately /9 ;.. �..�t--F•Etnre �` nraa ThP location and dimensions of said c t C q I - [ Jk,jUCi1C IGGL.va tavv. ...-_..- Premises are delineated on Exhibit "A" attached hereto and incorporated by Reference herein. Said Premises are located in theeo +z-t 'T City of PC 121 `16) County of state of Le) Pr.S, h- i r ` Said lease is subject to the terms, covenants and conditions herein set forth and the Tenant covenants as a material part of the consideration for this Lease to keep and Perform each and all of said terms, covenants and conditions by it to be kept and performed. USE 3. Tenant shall use the Premises for f i And shall not use or permit the Premises to be used for any other purpose without the TERM 4. The terms of this lease and.commencement of Minimum Rent and Adjustments shall Commence 10 days following substantial completion of LANDLORD'S WORK or when -rP.—Ila t, .,.Y.nrc for hwteit scc whichever is sooner, and shall then continue forte_ Months, unless sooner terminated as provided in this lease If tenant accepts possession of the premises prior to the rent commencement date, the Tenant shall be bound by all of the covenants and terms contained herein. C Landlord agrees that it will, at its sole cost and expense as soon as is reasonably possible 1 -11— —o Aimrirtinn of this Lease commence and pursue to completion the improvements to be erected by Landlord to the extent show on the attached Exhifiit "Y labeled "Description of Landlord's Work and Tenant's Work. -1- The term "substantial completion of the Premises" is defined as the date of which t�� T...-,.axf <n .,,�na that the Premises are Landlord or its Project Architect noice, , Cita„� ��, ar.."..� ----- substantially complete to the extent of Landlord's work specified in Exhibit 8 hereof, with the exception of such work as Landlord cannot complete until Tenant performs necessary portions of its work. Tenant shall commence the instailation of fixtures, equipment, and any of Tenant's Work as set forth in said Exhibit B , promptly upon substantial completion of Landlord's Work in the Premises and shall diligently prosecute such installation to completion, and shall open the Premises for business not later than the date specified for commenwfniet of -" ;;lm;`n Rent in Article 5 hereof. MINIMUM RENT 5A Tenant agrees to pay to Landlord as Minimum Rent, without notice or demand, the Monthly sum of _ -V �f fl commencing ten (10) days after Substantial completioh :of Landlord's Work in the Premises as set forth in Article 4 r.,m�c whichever is sooner: and a like sum, Herein above or when TenantoNciFs - in advance, on or before the first'day of each and every successive calendar month Thereafter during the term hereof, except that the first month"s rent and deposit, Referred to in Paragraph 6 herein, shall be paid upon the execution hereof. Rent for any period during the term hereof which is for less than one (1) month shall be a prorated portion of the monthly installment herein, based on a (30) day month_ Said . rental shall be paid to Landlord, without deduction or offset, in lawful money of the i~ Via z� Landlord may from time to time designate in United State of America, atsuch i i„a. u� ��•. �.. - writing. Also, see paragraph 39. Tenant shall pay first month's, last month's, and security deposit at signing of the Lease. Last month's rate shall be based on first year's rent and adjusted to actual last month's rent. 5B fin addition, u5� ttiiiii,�,ii,�, M., as `ptforth in SA above shall be subject to being increased by the percentage of increase, if any, in the Consumer Price Index-U.S. Average -All items, as published by the United States Department of Labor's Bureau of -- -- - ---- Labor -of -labor Stat�stiss,-The base perio�l,_fa[pi�r}2oses such adjustment, shall be September of the year in which this Lease is dated above. . Each September following the commencement of rental shall then be used for Comparison purposes with any adjustment in Minimum Rent to be effective as of the �-, i t..n..-.-, z in no e,lent shall the Minimum Rent be less than the sum as next SUC tieBUri t� �a++ua, y _ . _-_ - specified above in (A)'above. Should the aforementioned Index be discontinued, the Landlord shall select another similar index which reflects consumer prices. (By way of Illustration only, if the September figure for which this Lease is dated above is 120 and the September figure following commencement of rentals is 1.25, then the Minimum Rent for the next calendar year shall be increased by 4.17%) - 2- SECURITY DEPOSIT 4 1=:k_1 6. Tenant has deposited with Landlord the sum of Said sum shall be held by Landlord as security for the faithful performance by Tenant of all terms, covenants, and cviiuWtuv��o "oes 0-if "me i oaca to nP scent and performed by Tenant during the term hereof. if tenant defaults with respect to any provision of this Lease, including, but not limited to the provisions relating to the payment of rent, Landlord may (but shall not be required to) use, apply or retain all or any part of this security deposit for the payment of any rent or any other sum in default, or for the payment of any amount which Landlord may spend or become obligated to spend by reason of Tenant's default, or to compensate Landlord for any other loss or damage which Land -ford may sufiei uy re -aria f of Te"a" t' (iPfattlt if any portion of said deposit is so used or applied, Tenant shall, within five (5) days after written demand thereof, deposit cash with Landlord in an amount sufficient to restore the security deposit to its original Amount and tenant's failure to do so shall be be a default under this Lease. Landlord shall not be required to keep this security deposit separate from its general funds, and Tenant shall not be entitled to interest on such deposit. If Tenant shall fully and faithfully perform every provision of the Lease to be performed by it, the security I;all be Cetu'rned to Tenant for, at Landlord's option, to deposit or any baiar�cc tih erect s the last assignee of Tenant's interest hereunder) within (10) days following expiration of the Lease terms. In the event of termination of Landlord's interest in this Lease, Landlord shall transfer said deposit to Landlord's successor in interest. ADDITIONAL CHARGES 7A Percen a Rent —NOT APPLICABLE UNLESS OTHERWISE STATED IN ADDENDUM arute is AIJJUJt1YtC�v.a 1. in addition to the Minimum Rent provided in Article 5 herein -above, and commencing 2. As provided in Article 4. herein, Tenant shall pay to Land the following items, herein . called Adjustment. Thereafter, all Adjustments will be made on a calendar year basis. a. All real estate taxes, licenses, and insurance premiums on the premises, including land, building, and improvement thereon. Said real estate taxes shall include all real estate- taxes and assessments that are levied upon and/or assessed against the - - -- -- - ----premises—Said4-nsur-ance-shall_include-a.ILinsu.r-a.ncepemiums for fire,exLei�ued_—_--- --- - -- coverage, liability, and any other insurance that landlord deems necessary on the premises. Said taxes and insurance premiums for purpose of this provision shall be reasonably apportioned in accordance with the total floor area of the building or buildings of which the premises are a part -3- b. The percent of the total cost of the following items as Tenant's total floor area bears to the total floor area of the shopping center which is from time to time completed as of the first day of each calendar quarter. 1. All real estate taxes including assessments, all insurance costs, and all costs to maintain, repair, and replace common areas, parking lots, sidewalks, driveways, and other areas used in common by the tenants of the shopping center. 4e - t..{q �Tde% intltm r[rivpways, 2. All costs to supervise and administer said common areas, par, nsrts IM.�, .,.�..�•---, - and other areas used in common by the Tenant or occupants of the shopping center, said costs shall include such fees as may be paid to a third party in connection with same and shall in any event include a fee to Landlord to supervise and administer same in an amount equal to fifteen percent (15%) of the total costs of (1.) above. � t er , � � [nvipri acePssed or imposed by, or 3. Any parkin, charges, UtliltfeS Surcharges, ui oily v��,cF �.v.aw .-••---, --.-- at the direction of or resulting from statutes or regulations, or interpretation thereof, promulgated by any governmental authority in connection with the use or occupancy of the premises or the parking facilities serving the premises. 4. All taxes, licenses and flees (otherthan FEDERAL or STATE income taxes) levied by any law, • L_,,_ :�_ - n.,,{�t4rt£tnath ..•tprmofthisLease. statute or ordinance presirtwy r4attcu— EMU— ---•.., -. 5. Mechanical maintenance and/or mechanical maintenance contracts, watef, gas sewer, garbage and other services used in common. 6. Upon commencement of rental, landlord shall submit to Tenant a statement of the anticipated monthly adjustments for the period between such commencement and the Gnni-mnJ- following January, and T enan-cshah paysa„ie ana all, su—�equn. npayments --- — - — concurreritlywith-#he-papment-of-Ivlinimum--Rent-Tenanishah(-continue-to-make-said.mans y..._-......--.-.-.-- - payments until notified by Landlord of a change thereof. By March 1 of each year Landlord shall submit to Tenant upon request, a statement showing the total adjustments for the shopping center for the prior calendar year and Tenant's allocable share thereof, prorated from the commencement of rental. In the event the total of the monthly payments which Tenant - - ---- �-- tR S 4."rn -t-11 -rQnan-"s actzIal share of such has made for the prior caiendd- year be TIES ;u. � adjustments, then Tenant shall pay the difference in a lump sum within ten (10) days after receipt of such statement from -'Landlord and shall concurrently pay the difference in monthly payments made in the -4 then calendar year and the amount of monthly payments which are then calculated as monthly adjustments based on the prior year's experience. Any overpayment by Tenant shall be credited toward the monthly adjustments next coming due. The actual adjustments for the prior year shall be used for purposes of calculating the anticipated monthly adjustments for the then current year with actual determination of such adjustments after each c chat uar year uS uu�`re provided: excepting that in any year in which resurfacing is contemplated, Landlord shall be permitted to include the anticipated cost of same as part of the estimated monthly adjustments. Even though the term has expired and Tenant has vacated the premises, when the final determination is made of Tenant's share -of said adjustments for the year in which this lease terminates, Tenant shall immediately pay any increase due over the estimated adjustments .�........I....b...tt tt immn,4infn1v nmhAi-P[i hii previously paid and, conversely, any t)vet E.ItTy[itCt[� [[[auc �u.. ,++.,_,..�......., .--__---- -, Landlord to Tenant. USES PROHIBITED 8 Tenant shall not do or permit anything to be done in or about the premises nor bring or keep anything therein which will in anyway increase the existing rate of or affect any fire or other insurance upon the Building or any of its contents, or cause a cancellation of any Insu[ ance policy covering said building or any part thereof or any of its contents. Tenants shall not do or permit anything to be done in or about the premises which will in any way obstruct 6r interfere - with the•rights of other Tenants or occupants of the building or injure or annoy them or use or allow the premises to be used for any improper, Immoral, unlawful or objectionable purpose, nor sfiall'Tenant cause, maintain or permit any nuisance in, on or about the Premises. Tenant +I,.- nr.,t .��� Tn�,4m+ch?ll nnt� shall -not commit or alfowto be committed airy Waste in or upon, at,c + +,,, add services or type of goods beyond the services originally approved without permission of the Landlord. If Tenant makes additional improvements, tenant shall first obtain approval from Landlord and use licensed contractors for all work performed and shall get permission for any contractors wishing to access the roof. ...-._.__Crinnpt IANCF WITH. LAW_- .-- 9 Tenant shall not use the Premises, or permit anything to be done in or about the premises, which will in any way conflict with any law, statute, ordinance or governmental rule or regulation now in force or which may hereafter be enacted or promulgated. Tenant shall, at its sole cost and expense, promptly comply with all laws, statutes, ordinances and governmental rules, regulations or requirements now in force or which may hereafter be in force and with the 1 --1 .'.-- a----...`.,s........ r t—JLI.— v;—it�r ht4tuiipC nnlAI nr herenfter reClidiremeniS OTaflj/ UUaiu ut t[te iitiut;e w[[Le,� v, ..,�,,.., �„,,,,u. constituted relating to or affecting the condition, use or occupancy of the premises, excluding structural changes not related to or affected by tenant's improvements or acts_ The -judgment of any court of competent jurisdiction or the admission of Tenant in any action against Tenant, whether landlord be a party thereto or not, that Tenant has violated any law, statute, ordinance -5- or governmental rule, regulation or requirement, shall be conclusive of the fact as between the Landlord and Tenant. ALTERATIONS AND ADDITIONS 10 Tenant shall not make or allow to be made any alterations, additions or improvements to or of the premises or any part thereof without the written consent of Landlord first and obtained approval of any alteration, additions or improvements to or of said Premises, including, but not limited to, wall covering, boor covering, paneling and buiNn cabi+i9t wo n; UUL �.:c2J,tir1g movable furniture and trade fixtures, shalt at once become a part of the realty and belong to the Landlord and shall be surrendered with the premises. In the event Landlord consents to the making of any alteration, additions or improvements to the premises by Tenant, the same shall be made by Tenant at Tenant's sole cost expense. Upon the expiration or sooner termination of the term hereof, Tenant shall, upon written demand by Landlord, given at least thirty (30) days s r- ,....�� to nnct-sn J wrtanca 'fnrrhuiith nnri with all Chip pCtUr Lt) !(IC CIIU uE UlC tC++++, a� iC ,L w, w.0 -.,p ... , . diligence remove any alterations, additions, or improvement made by Tenant, under previous leases or the current lease, designated by Landlord to be removed, and Tenant shall, forthwith and with all due diligence, at its sole cost expense, repair any damage to the premises caused by such removal. Tenant shall return all keys to the Landlord within five (5) days following termination of the lease or pay for the cost of new keys, if the Landlord so requires. REPAIRS 11A By entry hereunder, Tenant shall be deemed to have accepted the Premises as being in good, sanitary order, condition and repair. Tenant shall, at Tenant's sole cost and expense, keep the Premises and every part thereof in good condition and repair (except as hereinafter. provided with respect to Landlord's obligations) including without limitation, the maintenance, replacement and repair of any storefront, doors, window casement, glazing, heating and air- - •- ---- ---conditioning-system-(if-there-is-an-existing air-eondftioningsystem). Where-the-e•is-an-ait --•--- •------ ----- — conditioning system, Teantn shall -obtain a service contract for repairs and maintenance of said system, said maintenance contract to conform to the requirements underthe warranty, if any, on said system), plumbing pipes, electrical wiring and conduits. All Tenants shall carry adequate BLANKET GLASS INSURANCE. Tenantshali, upon expiration or sooner terfi-midiitiif ui t ie tease hereof, surrender the Premises to the Landlord in good condition, broom clean, ordinarywear and tear and damage from causes beyond the reasonable control of Tenant excepted. Any damage to adjacent premises caused by Tenant's use of the Premises shall be repaired at the sole cost and expense of Tenant. B Notwithstanding the provision's'of Article 11a herein above, Landlord shall repair and maintain the structural portions of the Building, including the exterior walls and roof, unless such In maintenance and repairs are caused in part or in whole by the act, neglect, fault or omission of any duty by the Tenant, its agents, servants, employees, invitee's, or any damage caused by breaking and entering, in which case Tenant shall pay to Landlord the reasonable cost of such maintenance and repairs. Landlord shall not be liable for any failure to make any such repairs or to perform any maintenance unless such failure shall persist for an unreasonable time after written notice of the need of such repairs or maintenance is given to Landlord by Tenant. Except as provided in Article 25 hereof there shall be no abatement of rent and no liability of Landlord by reason of any injury to or interference with Tenant's business arising from the making of any repairs, alterations or improvement in or,tci any portion of the Building or the Premises or in or to fixtures, -appurtenances and equipment therein unless any such repairs, alteration or improvements are untimely made or are negligently performed. LiENS 12- Tenant shall keep the Premises 'and the property in which the Premises are situated free from any liens arising out of any work performed, materials furnished or obligation incurred by Tenant. Landlord may require, at Landlord's sole option, that Tenant shall provide to Landlord, at Tenant's sole cost and expense, a lien and completion bond in an amount equal to one and one half (1-1/2) times the estimated cost of any improvements, additions, or alterations in the premises which the tenant desires to make, to insure Landlord against any liability for mechanics' and material men's liens and to insure completion of the work. ASSIGNMENT AND SUBLETTING 13 Tenant shall not either voluntarily, or by operation of law, assign, transfer, mortgage, pledge, hypothecate or encumber this lease or any interest therein, and shall not sublet the said premises or any part thereof, or any right or privilege appurtenant thereto, or allow any other person (the employees, agents, servants and invitees of Tenant excepted) to occupy or use the said Premises, or any portion thereof, without the written consent of Landlord fast obtained, which consent shall not be unreasonably withheld . A consent to one assignment, subletting, _--- - - occupation or use 5y any `ot e-r person shaltnoi 6e deemed fo be a consen fo any subsequent assignment, subletting, occupation or use by another person. Consent to any such assignment or subletting shall in no way relieve tenant of any liability under this Lease. If the Tenant is a private corporation, a change in control of the Tenant by sale of stores or otherwise shall be JS deemed to be an assignment requiring consent hereunder. in —we everkt UI t thme �Uu_tc}Ea tiL gross sales is not as great as the Tenant's latest year's gross receipts, the Tenant shall pay the difference to the Landlord if applicable under clause 7A. Such payments are subject to Article 34 General Provisions (ix). Any such assignment or subletting without such consent shall be void, and shall, at the option of the Landlord, constitute a default under the terms of this Lease. s -7- In the event that Landlord shall consent to a sublease or assignment hereunder, Tenant shall pay Landlord reasonable fees, not to exceed Two Huridred Du1!aFs ($2uu ), 1[u;ui 1 eud fit canne4ti0iI with the processing of documents necessary to giving such consent. HOLD HARMLESS 14 Tenant shall indemnify and hold harmless Landlord against and from any and all claims arising from Tenant's use of the Premises or from the conduct of its business or from any activity, work, or other things done, permitted or suffered 0— fL ie TEnartt in ur abuui th a Cl a ISes, ailu sl lall further indemnify and hold harmless Landlord against and from any and all claims arising from any breach of default in the performance of any obligation on Tenant's part to be performed under the terms of this Lease, or arising from any act or negligence of the Tenant, or any officer, agent, employee, guest, or invitee of Tenant, and from all costs, attorney's fees, and liabilities incurred in or about the defense of any such claim or any action or proceeding brought thereon and in c-as unve airi�i�n nr nrnraarlinv F�a hrnit>sht against [ anrilnrel by rP�[nn of cttf h claim, r. o. _ Tenant upon notice from Landlord shall defend the same at Tenant's expense by counsel reasonably satisfactory to Landlord. Tenant as a material part of the consideration to Landlord hereby assumes all risk of damage to property or injury to persons in, upon or about the Premises, from any cause other than Landlord's negligence, and Tenant hereby waives all claims in respect thereof against Landlord. SUBROGATION 15 As long as their respective insurers so permit, Tenant hereby waives its right of recovery against the Landlord for any toss insured by fire, extended coverage and other property insurance policies. LIABILITY INSURANCE 16 A Tenant shall, at Tenant's expense, obtain and keep in force during the term of this Lease, a policy of comprehensive public liability insurance, insuring Landlord and Tenant against any liability arising out of the ownership, use occupancy or maintenance of the Premises and all areas appurtenant thereto. Such insurance shall be in the amount of not less than.$1,000,000. for injury or death of one person in any one accident or occurrence and in the amount of not Iess tilaa 7G,VVV,VVV rur i11JU1 Y V'r de-cl, V1 1-1 c ti'ia li vlic p rsm i„ ui.`y` vni. 4- 4--t — occurrence. Such insurance shalt further insure Landlord and Tenant against liability for property damage of at least $500,000. The limit of any such insurance shalt not, however, limit the Iiabiliity of the Tenant hereunder. Tenant may provide this insurance under a blanket policy, provided that said insurance shall have a Landlord's protective liability endorsement attached thereto. Said coverage shalt also include glass coverage for all doors and windows in the event Tenant ihpir acFPni--,. CPt17 f1{C_ Pl7tTll[1VP_-PC_ [rlv. P. nr as a result of breaking and entering; -8- raise damaee of anv kind. UTILITIES 17 Tenant shall pay for all water, gas, heat, light, power, sewer charges, telephone service, and all other services and utilities supplied to the Premises, together with any taxes thereon. If any such services are not separately metered to Tenant, Tenant shall pay a reasonable proportion to be determined V, t andlnrtl of ail rharges iointly metered with other premises. 'i• PERSONAL PROPERTY 18 Tenant shall pay, or cause to be paid, before delinquency any and all taxes levied or assessed and which become payable during the terms hereof upon all Tenant's leasehold improvements, equipment, furniture, fixtures, and any other personal property located in the Premises. In the event, any or a!! of the Tenant's leasehold improvements, equipment, furniture, fixtures and other property shall be assessed and taxed with the real property, the Tenant shall pay to Landlord its share of such taxes within ten (10) days after delivery to Tenant by Landlord of a statement in writing setting froth the amount of such taxes applicable to Tenant's property. RULES AND REGULATIONS e_t_eI- e___._._ ,1 L -.ifh tha rttlny anrll roattiatinn that ( andInrd Shall i9A A Tenant snail t`di1hRU 1y, ob-sC, ve and cci ly VW.". a ..-.. from time to time promulgate and/or modify. The rules and regulations shall be binding upon . the Tenant upon delivery of a copy of them to Tenant, the current Rules and Regulations hereby attached to this Lease and a part thereof. Landlord shall not be responsible to Tenant for the nonperformance of any said Rules and Regulations by any other tenants or occupants. 19B The Tenant shall pay to the Landlord $50. per day for every day that the Tenant does not obey the Landlord's Rules and Regulations. In the event that the Tenant continues to disobey such ,.___.___.__._13ules_and.Regulatio.ns.for_a_period_of.greater_than_3Qdays,_this_Lease_may-be_heid_in_default.at__.... the sole option of the Landlord, whereupon the Landlord may, without. any further notice, terminate this Lease and take possession of the Premises. HOLDING OVER 20 If Tenant remains in possession of the Premises or any part thereof after the expiration of the term hereof with the express written consent of Landlord, such occupancy shall be a tenancy from month -to -month at a rental in the amount of one and one half (1-1/2) times the last Monthly Minimum Rent, plus all other charges payable hereunder, and upon all of the terms hereof applicable to month- to- month tenancy. -9- ENTRY BY LANDLORD 21 Landlord reserves, and shall at any and all times have, the right to enter the Premises to inspect the same, to submit said Premises to prospective purchasers or tenants, to post notices of non - responsibility, to repair the Premises and any portion of the Building of which the Premises are a part that Landlord may deem necessary or desirable, without abatement of rent, and may from that purpose erect scaffolding and other necessary structures where reasonably required by the t-_.......,.. I —9+k UICta.trtrir �Fn hn In rfm mad aiways nrnvirling thatthe entrance to the Premises shall Ile - not be blocked thereby, and further providing that the business of the Tenant shall not be interfered with unreasonably- Tenant hereby waives any claim for damages or for any injury or inconvenience to or interference with Tenant's business, any loss of occupancy or quiet enjoyment of the Premises, and any other loss occasioned thereby. For each of the aforesaid purposes, Landlord shall at all times have and retain a key with which to unlock all of the doors ;� unnn �nrl ahnnfithP PrPmISPS; excluding Tenant's vaults, safes and files, and Landlord shall itm .....0 �w.._ have the right to use any and ail means which Landlord may deem proper to open said doors in an emergency, in order to obtain entry to the Premises without liabilityto Tenant except for any failure to exercise due care to Tenant's property and'any entry to the Premises obtained by Landlord by any of said means, or otherwise, shall not under any circumstances be construed or deemed to be a forcible or unlawful entry into, or a detainer of, the Premises, or an eviction of Tenant from the Premises or any portion thereof. TENANT'S DEFAULT 22 The occurrence of anyone or more of the following events shall constitute a default and breach of this Lease by Tenant. a. The vacating or abandonment of the Premises by Tenant. b. The failure by Tenant to make any payment of rent or any other payment required as to be made by Tenant hereunder, as and when due, where such failure shall continue for a period of c. The failure by Tenant to observe or perform any of the covenants, conditions or provisions of this Lease to be observed or performed by the Tenant, otherthan described in Article 22b above, where such failure shall continue for a period of thirty (30) days after written notice hereof by Landlord to Tenant; provided, however, that if the nature of Tenant's default is such that more than thirty (30) days are reasonably required for its cure, than Tenant shall not be deemed to be in default if Tenant commences such cure with said thirty (30) days period and thereafter diligently prosecutes such cure to completion. fthe 1cd. The makingb lenantofanY generai assi natentor ene alarrangementvr b—1 . creditors, or the filings by or against Tenant of a petition to have Tenant adjudged a bankrupt, or -10- a petition of reorganization or arrangement under any law relating to bankruptcy (unless, in case of a petition filed against Tenant, the same is dismissed within sixty (60) days; or the appointment of a trustee or a receiver to take possession of substantially ail of Tenant's assets located at the Premises or of Tenant's interest in this Lease, where possession is not restored to Tenant within thirty (30) days; or the attachment, execution or other judicial seizure of substantially all of Tenant's assets located at the Premises or of Tenant's interest in this Lease, where such seizure is not discharged in thirty (30) days). 22e The failure by Tenant to give a copy of its latest annual financial statement upon thirty (30) days written notice from the Landlord's lender under the following conditions: 1) Such request ay occur up to twice annually 2) shall only be if percentage clause included In terms. REMEDIES IN DEFAULT 23 In the event of any such default or breach by Tenant, Landlord may at any time thereafter, with written notice or demand to cure default within 14 days without limiting Landlord in the . exercise of a right or remedy, which Landlord may have by reason of such default or breach. a- Demand full payment of all future Minimum Rent and Adjustments for the unexpired portion of the term of this Lease b. Terminate Tenant's right to possession of the Premises by any lawful means, in which case this Lease shall terminate, and Tenant shall immediately surrender possession of the Premises to Landlord. in such event Landlord shall be entitled to recover from Tenant all damages incurred by Landlord by reason of Tenant's default including; but not limited to, the cost of recovering possession of the Premises, expenses of re -letting, inciudiiig aecessary ,C„vmvion and alteration of the Premises, reasonable attorney's fees; the worth at the time of award by the court having jurisdiction thereof of the amount by which the unpaid rent and other charges and Adjustments called for herein for the balance of the term after the time of such award exceeds the amount of such loss of the same period that Tenant proves'could be reasonably --- — --= ----avoided; and that portion of -any -leasing corn mission-paid-by=Landlord-- and-applleAle-to=thee - - - --- - unexpired term of this Lease. UIIpaIO InJld111rne—It s of rent Or vthCr Sul1.S Shall hear int----St frnm the date due at the rate of ten percent (10%). Also a 10% PENALTY on rent paid after the 5t' of the month. c. Maintain Tenant's right to possession, in which case this Lease shall continue in effect whether or not Tenant shall have abandoned the Premises. In such event, Landlord shall be entitled to enforce all of Landlord's rights and remedies under this Lease, including the right to recover the rent and any other charges and adjustments as may become due hereunder; or d. Upon breach by Tenant of any of the covenants contained in this Lease, and upon reasonable -11- notice of such breach given to the Tenant by Landlord, and upon failure to cure such breach within a reasonable time, not to exceed fourteen (i4) days, the Landlord si`all Matte the r;shtto declare the term of the Lease ended_ Upon such declaration by the Landlord, Tenant shall immediately give up possession of the lease property. Upon termination of the Lease pursuant to the above paragraph, the Landlord shall,have the right to and may: (2) Take peaceable possession of the property, by and peaceable means whatsoever, including but not limited to the placing and changing of locks on the doors of the business; (2) Take peaceable possession of any and all goods and inventory on the Premises. In the event Landlord lawfully re --enters the Premises as provided herein, Landlord shall have the right, but not the obligation, to remove all the personal property located therein and to place such property in storage at the expense and risk of owners thereof, which the right to sell such stored property, without notice to Tenant, after it has been stored for a period of thirty (30) days or more, the proceeds of such sale to be applied first to the cost of such sale, second to the payment of the charges forstorage, if any and third to the payment of any other sums of money which may then be due from Tenant to Landlord under any of the terms hereof, the balance, if any, to be paid by Tenant. Tenant agrees that the Landlord shall not be liable for any damages, including but not limited to lost profits and business interruption, for any of the Landlord's actions under this paragraph. - L —+-- =n -t I .�-F+hc Rc�ticar{ [`nr(a of 1 enant hereby waives arty r gni vi a�%iui; u� ��er �� apUZI �,.�; .,. ' Washington, as amended. 23e Pursue any other remedy now or hereinafter available to Landlord under the laws or judicial decisions of the State in of Washington in which the property is located. DEFAULT BY LANDLORD 24 Landlord shall not be in default unless Landlord fails to perform obligations required of Landlord within a reasonable time, but in no event later than thirty (30) days after written notice by ---------------Certified-Mail-by-3"enant-to-L-andlordandto-the-hoider-of-any-first-mortgage-or-deed-oftrust- covering the Premises whose names and address shall have theretofore been furnished to Tenant in writing, specifying wherein Landlord has failed to perform such obligation; provided, however, that if the nature of Landlord's obligation is such that more than thirty (30) days are required for perffiormance then Landlord shall not be in default if Landlord commences performance within such thirty (30) day period and thereafter diligently prosecutes the same to completion. In no event shall Tenant have the right to terminate this Lease as a result of Landlord's default and Tenant's remedies shall be limited to damages and/or an injunction, and - in no case may the Tenant withhold rent or claim a set off from rent. RECONSTRUCTION 25 In the event the Premises are damaged by fire or other perils covered by extended coverage insurance, Landlord agrees to forthwith repair same, and this Lease shall remain in full force and effect, except the Tenant shall be entitled with the consent of Lhe Landlord, to a propol iviiatc reduction of the Minimum Rent from the date of damage and while such repairs are being made, such proportionate reduction to be based upon the extent to which the damage and making of such repairs shall reasonably interfere with the business carried on by the Tenant in the Premises. if the damage is due to the fault of neglect of Tenant or its employees, there shall be no abatement of rent. In the event the Premises are damaged as a result of any cause other Vhan the •<< ­ro 4 hu era. anA avtomipri raw-m p in mrage; then Landlord shall forthwith repair the same, provided the extent of the destruction be less than ten percent (10910) of the then full replacement cost of the Premises. in the event the destruction of the Premises is to an extent of ten percent (10%) or more of the full replacement cost then Landlord shall have'the option; (1) to repair or restore such damage, this Lease continuing in full force and effect, but the Minimum Rent to be proportionately reduced -as herein above in this Article provided; or (2) aille notice tn Tenant at _any time within sixty (601 days after such damage, terminating this Lease of the date specified in such notice, which date shall be not more than thirty (30) days after giving of such notice. In the event of giving such notice, this Lease shall expire and all interest of the Tenant in the Premises shall terminate of the date so specified in such notice and the Minimum Rent, reduced by a proportionate reduction, based upon the extent, if any,.to . which such damage interfered with the business carried on by the Tenant in the Premises, shall he paid an to date of said such termination. Landlord shall not be required to repair any injury or damage by fire or other cause, or to make any repairs or replacements of any leasehold improvements, fixtures, or other personal property of Tenant. 26 if more than twenty-five percent (25) of the Premises shall be taken or appropriated by any public or quasi -public authority under the power of eminent domain, wither party hereto shall have the right, at its option, within sixty (60) days after such taking, to terminate this Lease upon __. _._.__........-.-- -.-thirty-(30)-days-wrifiten-notice: neither--less-Fnan-oi�mare-tnarr-25-ro-urc��e (and neither party elects to terminate as herein provided), the Minimum Rent thereafter to be paid shall be equitably reduced. if any part of the Shopping Center other than the Premises may be so taken or appropriated, Landlord shall within sixty (60) days of said taking have the right at Its option to terminate this Lease upon wrMen notice to Tenant. In the event of any taking or appropriation whatsoever, Landlord shall be entitled to any and all awards and/or settlements -__li have -ICe.Y - tCZ..1e71Vi W £ter Ehu'vul��n of Zror which may be given and lefFci�ll5ltct]! litlVC HIV t,iatut a'gailiat �auuwiu w� uw �... �,:,p unexpired term of this Lease. -13- TENANT'S STATEMENT 27 Tenant shall at any time from time to time, upon not less than three (3) days prior written notice from landlord, execute, acknowledge and deliver to Landlord a statement in writing (a) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease as so modified is in full force and effect - and the date to which the rent and other charges are paid in advance, if any, and (b) acknowledging that there are not, to Tenant's knowledge, any incurred default if any are claimed, and (c) setting forth the date of commencement of rents and expiration of the term hereof. Any such statement may be relied upon by any prospective purchaser or encumbrances of all or any portion of the real property of which the Premises are a part. PARKING AND COMMON AREAS 28a_ Prior to the date of Tenant's opening for business in the Premises, Landlord shall cause said common and parking area or areas to be graded, surfaced, marked and landscaped at no expense to Tenant if Building is of new construction and first time tenancy. Landlord to maintain existing parking and common areas to previously held maintenance schedules. b. Tenant, for the use and benefit of Tenant, its agents, employees, customers, licenses and sub- tenants, shall have the non-exclusive right in common with Landlord, and other present and i__—__ I��.,.r...,.r..v �ti'4 c��iLECn2Y1 'C fti future owners, tenants and their agents, employees, citzt r er s, I'lk ensces u4cu Sub—t...�. -ts, .., use said common and parking areas during the entire term of this Lease, or any extension thereof, for ingress and egress, and automobile parking. c. The Tenant, in the use of said common and parking areas, agrees to comply with such reasonable rules, regulations and charges for parking as the Landlord may adopt from time to time for the orderiy and property operation of said common and parking area. Such rules may include but shall not be limited to the following: (1) THE BUILDING AND COMMON AREAS WITHIN 25' OFTHE BUIDDING (PER. STATE LAW) TO BE -"NO SMOKING AREAS"' (2).The ----,-----------res-tr-iei:ing-af employee-pa-r-king-to-a-lirn.ited, designated area ar-areas; and-F3-j The -regulation -of ------- -._ . __ - . the removal, storage and disposal of Tenant's refuse and other rubbish at the sole cost and expense of Tenant, or as provided in Article 7b. AUTHORITY OF PARTIES 29 a. Corporate Authority, If Tenant is a corporation, each individual executing this Lease on behalf of said corporation represents and warrants that he/she is duly authorized to execute and deliver this Lease on behalf of said Corporation in accordance with a duly adopted resolution of the board of directors of said Corporation, a copy of which shall within ten (1.0) days of the date of this Lease be delivered to Landlord by Tenant, in accordance with the bylaws -14- of said Corporation, and that this Lease is binding upon said Corporation in accordance with its terms. owners shall additionally execute written personal guarantees to the Leas n_i_ _..._I-t tF hL... t e•%lnrrf ha"r n is w limitarf nartn?rchin- it is understood and agreed b. Lit!6ted rai-hie ships. �" uic Lanu'wu r-. '-+-' that any claims by Tenant on Landlord shall be limited to the assets of the limited partnership, and furthermore, Tenant expressly waives any and all rights to proceed against the individual partners, or the bfficers, directors or shareholders of any Corporate partner, except to the extent of their interest in said limited partnership. SIGNS 30 The Tenant may affix and maintain upon the glass panes and supports of the show windows and within twelve inches (12") of a window and upon the exterior walls of the Premises only such signs, advertising placards, names, insignia, trademarks and descriptive material as shall have first received the written approval of the Landlord as to type, size, color, location, copy nature and display qualities: Anything to the contrary in this Lease notwithstanding, Tenant shall not _.c-rmAzn4 chnii K^wauar, erect an PtPrtric sign face on the front of the atfahauy — Premises not later than the date Tenant opens for business, in accordance with a design to be prepared by Tenant and approved in writing by Landlord and thereafter submitted for final approval by the City of Port Townsend . DISPLAYS 31 The Tenant may not dispiay or sell merchandise Qr dnuw gFucCr y ca-1 L5 o Uuttme uGV 1�1� Within the control of Tenant to be stored or to remain outside the defined exterior walls and permanent doorways of the Premises. Tenant further agrees not to install any exterior lighting, amplifiers or similar devices or use in or about the Premises, any advertising medium which may be heard or seen outside the Premises, such as flashing lights, search lights, loud speakers, phonographs or radio broadcasts. AUCTIONS__- _-.- - - ----- _.._._�.__..... ------------- --- --- - -- - 32 Tenant shall not conductor permit to be conducted any sale by auction in, upon or from the Premises, whether said auction be voluntary, involuntary, pursuant to any assignment for the . payment of creditors or pursuant to any bankruptcy or other insolvency proceeding. 140 «s OF R-URNESS 33 Subject to the provisions of Article 25 hereof, Tenant shall continuously during the entire term hereof conduct and carry on Tenant's business in the Premises and shall keep the Premises open for business and cause Tenant's business to be conducted therein during the usual business hours of each and every business day as is customary for businesses of like character in the city -15- in which the premises are located to be open for business, provided, however, that this pro I'll s ul� not urrhr ifthe Premises should be closed and the business of Tenant temporarily discontinued therein on account of strikes, lockouts or similar causes beyond the reasonable control of Tenant or closed for not more than three (3) days out of respect to the memory of any deceased officer or employee of Tenant, or the relative of any such officer or employee. Tenant shall keep the Premises adequately stocked with merchandise, and with sufficient sales personnel to care for the patronage, and to conduct said business in accordance mith cnicnd hit. Mess practice. in the event of breach by the Tenant of any of the conditions in this Article contained, the Landlord shall have, in addition to any and all remedies herein provided, the right at this option to collect not only the Minimum Rent herein provided, but additional rent at the rate of one - thirtieth (1/30) of the Minimum Rent herein provided for each and every day that the Tenant shal fail to conduct its business as herein provided; said additional rent shall be deemed to be in 1s �__,G k rein my�n[yiAfi LIEU of the lenanrsfailure LO GUftUUt.ls. EL5 uusi�ic5a oS iii.lwtl r GENERAL PROVISIONS 0 a. Plats and Riders Clauses, plats, riders and addendums, if any affixed to this Lease are a N ale-�t here. . b. Waiver The waiver by Landlord of any terms, covenant or condition herein contained shall not be deemed to be a waiver of such term, covenant or condition or any subsequent breach of the same or any other term, covenant or condition herein contained. The subsequent acceptance of rent hereunder by Landlord shall not be deemed to be a waiver . of any preceding default by Tenant of any term, covenant or condition of this Lease, other than the failure of the Tenant to pay the particular rental so accepted, regardless of Landlord's knowledge of such preceding default at the time of the acceptance of such rent. c. Joint obligation If there are more than one Tenant, the obligations hereunder imposed shall be joint and several. d. Marginal Headings The marginal headings and article titles to the articles of this Lease are not a part of the Lease and shall have no effect upon the construction or interpretation of any part here. e. Time Time is of the essence of this Lease and each and all of its provisions in which performance is a factor. f. Recordation Neither Landlord nor Tenant shall record this Lease, but a short form memorandum hereof maybe recorded at the request of Landlord g. Quiet Possession Upon Tenant paying the rent reserved hereunder and observing and performing all of the covenants, conditions and provisions on Tenant's part to be observed and performed hereunder, Tenant shall have quiet possession of the Premises for the entire term hereof, subject to all the provisions of this Lease. -16 h. Late Charges Tenant hereby acknowledges that late payment by Tenant to Landlord of rent or other sums due hereunder will cause Landlord to incur cus'is not o, �Lt= NlaL uy this Lase, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed upon Landlord by terms of any mortgage or trust deed covering the Premises. Accordingly, if any installment of rent or any sum due from Tenant shall not be received by Landlord or Landlord's designee by the 5th of the month, then Tenant shall pay Landlord a late charge equal to ten - - l_.- "O_....y" fees- in-�urred her t andforrl by reason percent �1U7'o� of SUCK OVeraue cllilUurtt, ptua ally auv� <<cy � , _ of Tenant's failure to pay rent and/or other charges when due hereunder. The parties hereby agree that such late charges represent a fair and reasonable estimate of the cost that Landlord will incur by reason of the late payment by Tenant. Acceptance of such late charges by the Landlord shall in no event constitute a waiver of Tenant's default with respect to such overdue amount, nor prevent Landlord from exercising any of the other rights and remedies granted rieteunuCe. I. Prior Agreement This Lease contains all of the agreements of the parties hereto with respect to any matter covered or mentioned in this Lease, and no prior agreements or understanding pertaining to any such matters shall be effective for any purpose. No provision of this Lease may be amended or added to accept by an agreement in writing signed by the parties hereto or their respective successors in interest. This Lease shall not be effective or binding on any parry until fully executed by both parties hereto. j. inability to Perform This Lease and the obligations of the Tenant hereunder shall not be affected or impaired because the Landlord is unable to fulfill any of its obligations hereunder or is delayed in doing so, if such inability or delay is caused by reason of strike, labor troubles, acts of God or any other cause beyond the reasonable control of the Landlord. k. Partial invalidity Any provision of the Lease which shall prove to be invalid, void, or illegal shall in no way affect, impair or invalidate any other provision hereof and such other provision shall remain in full force and effect. i. Cumulative Remedies No remedy or election hereunder shall be deemed exclusive but shall, wherever possible, be cumulative with all other remedies at law or in equity. m. Attorney's Fees in the event of any action or proceeding brought by either parry against the other under this Lease, the prevailing party shall be entitled to recover for the fees of its attorneys in such action or proceeding, including costs of appeal, if any, in such amount as the court may adjudge reasonable as attorney's fees. in addition, should it be necessary for Landlord to employ legal counsel to enforce any of the provisions herein contained, Tenant agrees to pay all attorneys' fees and court costs reasonably incurred. -17- n. Sales of Premises by Landlord in the event of any sale of the Premises by Landlord, Landlord shall be and is hereby entirely freed and relieved of all liability under any and all of its covenants and obligations contained in or derived from this Lease arising out of any act, nccurrence or omission occurring afterthe consummation of such sale; and the purchaser, at such sale or any subsequent sale of the Premises shall be deemed, without any further agreement between the parties or their successors in interest or between the parties and any such purchaser to have assumed and agreed to carry out any and all of the covenants and obligations of the Landlord under this Lease. o. Subordination, Attornment Upon request of the Landlord, Tenant will in writing subordinate its rights hereunder to the lien of any mortgage, or deed of trust, to any bank, insurance company or other lending institution, now or hereafter in force against the Premises, and to all advances made or hereafter to be made upon the security thereof in the event any proceedings are brought for foreclosure, or in the event of the exercise of the power of sale under any mortgage or deed of trust made by the Landlord covering the Premises, the Tenant -,halt atttirn to the nurchasar upon anv such foreclosure or sale and recognize such purchaser as the Landlord under this Lease The provisions of this article to the contrary notwithstanding, and so long as Tenant is not in default hereunder, this Lease shall remain in full force and effect for the full term hereof. . p. Notices Ail notices and demands which may or are to be required or permitted to be given uy cii eic`;sa vii �1+� vta%yr h`se-'.r ,�ihut[ ha in urrFFina Aft n..nt;re5 a.rttl dour-anewe Nt t'hd •b' 7 Landlord to the Tenant shalt be sent by United States Mail, postage prepaid, addressed to the Tenant at the address herein below, or to such other place as Tenant may from time to time designate in a notice to the Landlord. All notices and demands by the Tenant to the Landlord shall be sent by United States Certified Mail, postage prepaid, addressed to the Landlord at the address set forth herein, and to such other person or place as the Landlord may from time to times r!P-,ionata in n notice to the TP.nant_ To Landlord at 5 0 I f C, DO 1e-Pr CC—&.-),C LC:;,fI To Tenant at 35 Tenant warrants that it has had no dealings with a .real estate broker or agents in connection with the negotiation of this lease except: _ 1U'r) ll! 36 Any disagreement between the parties with respect to the interpretation or application of the Lease or the obligations of the parties hereunder may be determined by arbitration. Such arbitration may be conducted only upon the sole request of the Landlord before one arbitrator designated by the American Arbitration Association and in accordance with the rules of such Association. The arbitrator designated and acting unaerthis Lease shati make his award in strict comUnnit.y v-'ful such i -les and shaii It a`v"c no power to depart from or change any of the provisions thereof. The expenses of arbitration, together with reasonable attorneys' fees and costs incurred, shall be the responsibility of the losing party, all as determined by the arbitrator and notwithstanding any contrary provisions in the rules of the American Arbitration Association. All arbitration proceedings shall be conducted in the City of Port TVIA., an A Wn nr ax�v nfhar [nra�tinnc tho ttr[tnPe"t'i! rAG[t{PC 3i'. �'i1P S{�ie (�L1tinn Of t118 1 " r -r- r Landlord. 37 If this Lease had been filled in, it has been prepared for submissions to Tenant's attorney for his approval. No representation or recommendation is made by the Landlord, real estate broker or its agents or employees as to the legal sufficiency, legal effect or tax consequences of this Lease or the transactions relating thereto. 38 Shopping Center is a "No Smoking Facility, applicable to the interior areas of the building and within 25' of the exterior of the Building The parties below acknowledge and agree to the above and attached addendums. Tenant Date Tenant Date Landlord Date rf 100, -19- STANDARD OPTION AGREEMENT The Tenant shall have the option, to be exercised only as hereinafter provided, to extend the term of this Lease for an additional ( S ) full calendar year (s) following the initial term hereof, but only upon condition that there is no default in the performance of any condition of this Lease at the time of the exercise of this option or at the time of commencement of this renewal period. The option all only be exercised by Tenant delivering written notice thereof to the Landlord not less than 90 days prior to the expiration of the original term. Upon such exercise, this Lease shall be deemed to be extended without the execution of any further Lease or other instrument. The terms and conditions during the renewal period shall be the same as the terms and conditions during the original "rcDTfnr AAf ITWtV MINfUl Jki RFNT. which shall be negotiated if not set forth in the previous period Lease agreement. Under no conditions whatsoever is this Standard Option Agreement assignable, unless authorized in writing by the Landlord. Tenant Date Tenant Date Landlord Date I / Z me M Rules and Regulations Tenant shall faithfully observe and comply with the rules and regulations that landlord shall from time to time promulgate and/or modify. The rules and regulations shall be binding upon the Tenant upon delivery of a copy of them to Tenant. Landlord shall not be responsible to Tenant for the nonperformance of any said rules and regulations by any other tenants or occupants. This is a "No Smoking Facility" inside of the building and by Washington State Law within 25' of the exterior of the building. The tenant, in the use of said common and parking areas, agrees to comply with such reasonable rules, regulations for parking as the Landlord may adopt from time to time for the orderly and proper operation of said common and parking areas. The following rules and regulations are now in effect: 4 Rent- yarn due Con the 1st Of th- MMIt�h� ill rnntM . � .d #w+4ke tth -9 t o ..te. sL...1! 4.. ....LC�..a. a� +,..... 1.. s v • •.. at Ka�Vy 4tcGt ..taG J V{ i11G {{<iV{.1... d..a11 MG 5Ubj a1.4 tY IO�G f=—a V+ 2. If tenant has a heat pump or A/C unit, Tenant shall be responsible for the annual cost of a maintenance contract with Air Flow Heating or approved Landlord heating contractor:' 3. Approval of signs by Landlord also includes signs in and on the windows and doors. 4. • If Tenant needs to go on the roof or have a contractor go.on the roof for any reason, Tenant must get Landlord's permission in advapce. S. All renovations within Tepani's rental space needs to 6e reviewed and approved by Landlord before such work is started. 6. Plumbing and electrical work needs to be done by a licensed and bonded professional. 7. Tenant shall make sure that the liability Insurance is a minimum $1,000,000 and the landlord listed on the binder as "additional insured". A copy of the renewal bindershall be fonivarded to I`e 8iord prior to expiration of current lease period on an annual basis. 8. Tenant shall be responsible and liable for all glass damage. Tenant should make sure that this is covered in tenant's insurance policy as adequate blanket coverage. 9. if Tenant changes the use, in part or as a whole, offering goods and services not approved at the onset of the lease or subleases all or part of the space, Tenant shall first get Landlord approval for such changes or additions to services, good or subtenants. 10. Tenants are responsible for all inside and outside light bulb replacements. 'Ten- ants are responsible for keeping doors, locks and hardware inoperable condition. y 12. Any change in kej s must be approved by Landlord and a key provided to Landlord. Any key or lock changes must be accomplished by Terry's Lock and Key, PortTownsend, Wa: . 23. Tenant shall not make noises, cause disturbances, -or create -odors which maylzaoffensive to or disturb the other T@+i3uu CUM�uaatn+iaia u+ u+e reeuiiaes. 14. Tenant shaiL not al[ow.chiidren to be on or around the Premiges, unsupervised or to otherwise disturb other Tenants or their customers. 15. Tenant shall use -at Tenant's cost such pest extermination.mntractor.as Landlord maydirect and at such Intervals as Landlord may require. mitiai Pg1of2 Pg. 22 16. All garbage and refuse shall be disposed of in the container(s) specified by Landlord located at the exterior of the building in a timely manner and prepared for collection as specified by the Landlord at Tenant expense. 17. Any electronic device necessitating an exterior antenna or other fixture shall first be approved by the Landlord. th.:.._.....,name ti+— ha rae4rirPed by the Landlord in designated areas only. ii3. YariCing7t3r T�i(dti�sestivaiva cay...vp..=....._.., ...,...-__..____. 19. The loading and unloading of goods shall be done only at such times, in the areas, and through the entrances designated for such purposes by Landlord. 20. The delivery or shipping of merchandise, supplies and fixtures to and from the Leased Premises shall be subject to such rules and regulations as Landlord specifies and are necessary for the proper operation of the Leased Premises or Shopping Center. 2L If the Leased Premises are equipped with heating facilities separate from those in the remainder of the premises, Tenant shall keep the Leased Premises at a temperature sufficiently high to prevent freezing of water in pipes and fixtures. 22. The plumbing facilities shall not be used for any other purpose than that for which they are constructed, and no foreign substance of any kind shall be thrown therein, and the expense of any breakage, stoppage, or damage resulting from a violation of this provision shall be borne by Tenant who shall, or whose employees, agents or customer shall have caused. 23. Tenant shall not burn any trash or garbage of any kind in or about the leased premises or the Shopping Center. 24. Pets shall not be allowed on or around the premises with the exception of seeing eye dogs or by specific permission from Landlord. Tenant Tenant Pg. 2 of 2 Date Date Pg. 23 9 0 1 lug P S, -24/74��1-7,111 e-,Vt 14 fi STATE OF WASHINGTON) I ss, COUNTY OF JEFFERSON) On this day of 19r-„ before tne, the undersigned, a Notary Public In.and for the Stale of Washington, m ss o duly oo ned and svti n,"pars a y,appeared to me known to be the of that executed the foregoing LEASE AGREEMENT, and acknowledged the said instrument to be the free and voiurttary act and deea of said corporation, for the uses and purposes therein mentioned, and on oath staled that he is authorized fo execute the said instrument, WITNESS rnY hand and seal hereto affixed the day and year in this cartifioate above written.- ARY UBLIC Ir►- eV for the State of Waaiiington;, residing Ins., . �, . STATE OF WASHiNGTON), (�3 A-d COUNTY OF,iEPFERSON} -- On ihls day of y y9 _,1..-•, beforevne„tnt unclarstgrren, a Notary Public to and for the State of/.Waahlnaton, dulcommissloaad and star rn, pet .nally appeared �" to me known to be the of the corpo Mon i executed the foregoing LEASE AGREEMENT, anddac snow ed a the sad, instrument to be ilia free and vo unary act and deed of said corporation, for the uses and purposes therein mentioned, and on ;oath stated that he Is authorized to execute the said Instrument. WITNESS my hand and seal hereto affixed the day and year In this certificate above written. NO TARY PUBLI in a>a tot the State, of #Ington- rung in t P& 25