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Pelham Group NW LLC 6/9/2026
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Pelham Group NW LLC 6/9/2026
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Last modified
6/12/2026 9:02:22 AM
Creation date
6/12/2026 9:01:29 AM
Metadata
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Contracts
Contractor's Name
Pelham Group NW LLC
Approval Date
6/9/2026
Council Approval Date
5/27/2026
End Date
6/9/2029
Department
Facilities & Property Management
Department Project Manager
Rory Frazier
Subject / Project Title
Lease at Everett Station
Tracking Number
0005266
Total Compensation
$12,000.00
Contract Type
Real Property
Contract Subtype
Other Real Property
Retention Period
10 Years Then Transfer to State Archivist
Imported from EPIC
No
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Exhibit D <br />EXHIBIT D <br />Form of Lease Guaranty <br />GUARANTY OF LEASE <br />Guarantor Kimberly Pelham <br />Tenant Pelham Group NW LLC, a WA Limited Liability Company <br />Date of Lease <br />Agreement 6/10/2026 <br />Address of Leased <br />Premises 3201 Smith Ave., Everett, WA 98201 <br />For valuable consideration, and as an inducement to the City of Everett, a Washington municipal <br />Landlord Agreement with the Tenant shown in the table <br />Tenant Lease <br />premises located at the address in the table above and otherwise may be described in the Lease, the <br />undersigned Guarantor shown in the table above (the Guarantor ), being financially interested in Tenant <br />and benefiting from the Lease, guarantees to Landlord the full and prompt payment of all sums, including, <br />but not limited to, the rent, taxes, leasehold excise tax, insurance, utility charges and any and all other sums <br />and charges payable by the Tenant under the Lease, including all renewals and extensions thereof, and the <br />full and prompt performance and observance of all the covenants, terms conditions and agreements in the <br />Lease required to be performed and observed by Tenant. Guarantor agrees to and with Landlord that if <br />Tenant or its successors or assigns at any time defaults in the payment of any such sum or in the performance <br />of any of the terms, covenants, provisions or conditions contained in the Lease, and such default is not cured <br />within the applicable cure period, Guarantor will immediately pay such sum or will immediately perform and <br />fulfill such terms, covenants and conditions and agreements, and will immediately pay to Landlord, or its <br />successors and assigns, all damages that may arise as a consequence of any default by Tenant under the Lease <br />including, without limitation, all reasonable attorneys' fees incurred by Landlord. This is an absolute and <br />unconditional guaranty of payment and performance. <br />The obligations under this Guaranty are independent of the obligations of Tenant to Landlord, and a <br />separate action or actions may be brought and prosecuted against Guarantor, regardless of whether an action <br />is brought against Tenant and regardless of whether Tenant is joined in such action or actions. Guarantor <br />waives the benefit of any statute of limitations affecting its liability under this Guaranty or the enforcement <br />of this Guaranty. The liability of Guarantor under this Guaranty is primary and will not be affected or <br />diminished by any transfer, assignment or encumbrance of Tenant's interest in the Lease or any sublease of <br />all or any part of the premises covered under the Lease.
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