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4929 EVERGREEN WAY 911 DRIVING SCHOOL 2016-01-01 MF Import
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911 DRIVING SCHOOL
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4929 EVERGREEN WAY 911 DRIVING SCHOOL 2016-01-01 MF Import
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Last modified
2/9/2017 6:34:32 PM
Creation date
2/9/2017 6:34:22 PM
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Address Document
Street Name
EVERGREEN WAY
Street Number
4929
Tenant Name
911 DRIVING SCHOOL
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� <br /> colleciible insurance, and onl;� to the extent that such insurance applies, and not in excess of the <br /> amount collectible from such insurance. The waiver shall not apply ro damages in excess of the <br /> amount collectible from sucU insurance. Permission to grant this waiver is to be included in the <br /> provisions oFthe insurance policies now carried by both Landlord and Tenant. The continuation <br /> of this mutual waiver of subrogation is subject to the insurance continuing to grant this option on <br /> renewa] policies. <br /> 11.5 Indemnification of Landlord. Landlord shall not ba�caulsef whicl lat any <br /> injury to persons or damage to property, in or about the Premises, from any <br /> time may be suffered by Tenant or by its invitees or employees or agents, except to the extent <br /> said damage is caused by the willful misconduct of Landlord, its agents or employees. 'I'he <br /> Tenant a��ees to indemnify and save Landlord, its employees and its agents, harmless from any <br /> and all claims and expenses, including reasonable attorney's fees and costs, and litigation-related <br /> cxpenses arising out of said injury or damage,however occurring> on or about the Premises. <br /> 12, RECONSTRUCTION AND RESTORATIOl�. <br /> 12.1 Minor���• If during the term ]�creof, the Premises are damaged by <br /> fire or other perils covered by the fire and extended coverage insurance on the Premises, and <br /> such damage is not "substantial," Landlord shall promptly repair such damage ai Landlord's <br /> cxpense after tlie application of all insuruice proceeds, and this Lease shall continue in full force <br /> and effcct. <br /> 12.2 Substa�maQe. If during the term hereof the Premises are <br /> destroyed or damaged by fire or other penis covered by the insurance, and if such damage is <br /> "suUstantial;' or if damaged by an uninsured peri] �vhere the estimated cost of reparo��`lea efa r <br /> (5) months rental as defined in Section 3.1, Landlord may at its option either (a) p p Y P <br /> such damage at Landlord's expense, in which event this Lease sh'lincoTenant wn ten notice of <br /> effect, or (b) cancel this Lease as of tl�e date of such damage, by g � <br /> its election within thirty (30) a Land ordtshalainclude nn d�e�noti eaa go d fa th esdmate of the <br /> Landlord shall elect option (a), <br /> time Landlord expects to completc such repairs. If the estimated completion date for the repairs <br /> is more th�n 180 days after the date Tenant notifies Landlord of such damage, Tenanps��andlord <br /> an option� cancel this Lease as of the date of the occurrence of such damage by gi S <br /> written notice of its election to do so within t�venty (20) days after the date Tenant receives the <br /> notice from Landlord as to die expected date of completion of the repair work. <br /> Notwid�sta�iding any other provision in diis Section 12, if damage to the Premises is <br /> caused by Tenant, and such damage is not subject to waiver of subrogation under Section 11.A, <br /> then Tenant shall be responsible for repair and rent shall not abate during the repair period. <br /> g�}���, Landlord shall not be responsible to repair d�mage to improvements constructed or <br /> installed by Tenant, nor shall Landlord be responsible for repairs caused by fixtures or <br /> improvements installed or constructed by Tenant, except to die extent of available insurance <br /> proceeds. In the evcnt that any such damlge is insured against,Tenant shail be responsible for any <br /> decluctible or co-pay vnount. <br /> 7 <br /> I.SCHR[IUER CO\1MCRCIAL LEASc <br />
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