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4929 EVERGREEN WAY 911 DRIVING SCHOOL 2016-01-01 MF Import
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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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1 <br /> � <br /> 1 <br /> financed anyTena�nt T;�provements and the �an��ordcmaypacce erate �and� dec a e��the entire <br /> period of time auring the lease term, <br /> unreimbursed ba'ance of financed Tenant improvement costs immediately due;md payable. <br /> Unpaid insta]lments of rent er annum (or the maximum legal ra e if lesser <br /> duc at the rate of EIGHTEEN PERCENT (l8%) p <br /> and applicable)iet k ne evoss ss on tof the Pre a s sd and r eove ngefromanTenanththeham Ul°� <br /> option of (1) g P roceeding under Ariicle 17.2.2. As used in this <br /> snecified in this Article 17.2.1, oT (2) P „ . discountin b the <br /> paragaph, the term "ihe worth at the time of award is to be computed by S Y <br /> amount of the discount rate of the Federal Resen�e Bank of San Francisco at the time of the <br /> award,plus one percent (l">'�- <br /> 17,2,2 Maintain TenanCs right to possession, in which case this Lease <br /> shall continue in effect whedier or not Tenant shal] have abandoned the Premiscs. In such event, <br /> Landlord shall be entitle to all of Landlord's rights and remedies under this Lease including the <br /> right to recover the rent as it becomes due hereunder. <br /> 17.2.3 Pursuc any other remedy now or hereafter available to Landlord <br /> under the laws or judicial decisions of the state in which the Premises are located. <br /> 17.3 Late��s• In addition to all other remedies available for <br /> nonpayment, if the amount due from the Tenant is not received by the Landlord on or before the <br /> 15th day following d�e date upon which such amount is due and payable, a late charge of 5% of <br /> fair a d�r asonable estimate of he proe s singland acaonnti g costseth t Landlordh�+ill incur by <br /> reason of such late payment. <br /> lg, DEFAULT BY LANDLORD. Tn die event that Tenant believes Landlord to be <br /> in �efa 30�Vdaysenotc e spec fying the defaull�during wh ch aime Landlordlshall havel tl e <br /> du y ( ) <br /> opportunity to cure the default. Provided, however, if Landlord's obligation is such t at more <br /> tUan thirty (30) days are required for its performance, Landlord shail not eriode and diligendy <br /> default if it commences such perfomiance within sucU thirty (30) day p <br /> nrosls oTe remedies evhich may tothenv se be availabla ne account of Landlordussdefault, until <br /> L nde for consequen�i l damages or los p ofits of Tenant arove. In no event will Landlord be <br /> hab <br /> 19. LANDLORD'S 1'INANCING. Tl�is lease shall automatically be subor dinate to <br /> any dced of trust, mortgage and other security instruments now existing or hereafter placed o❑ <br /> thereunder.PrW��» fifteen (1)tdays of prase t tion�rT nantashaIl�execute,acknowledgemand <br /> th <br /> deliver to Landlord (i) any subordination or nondisturbance ageement or other instrument t iat <br /> Landlord may require to carry out the provisions of this Section, and (ii) any estoppel certificate <br /> requested by Landlord, with any such mortg�gee or beneficiary certifying in writing, if such be <br /> ll <br /> 1.SCIIR[II3ER COS1�iF.RC1AL I.LASG <br />
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