225 SW EVERETT MALL WAY 2018-01-02 MF Import

�.� Use of the Premises: Tenant shall use the premises for no other pwpose but the placing and operating of a Jump Start Expresso stand for vending expresso, related beverages, and other items commonly associated with Jump Start Expresso, inc. Tenant agrees to conduct his business and maintain the premises in compliance with all municipal, county, and state codes , statutes, ordinances, and regulations concerning the use and occupation of the premises. 10. Insurance: Tenant shall, at Tenant's expense, procure and maintain at all times during the term of this agreement a policy of comprehensive liability insurance insuring Landlord and Tenant against any liability arising out of the occupancy of the premises and appurtenant areas. Such insurance shall at �11 �me be in an amount of not less than $300,000.00 for injury to or death of any one p�rson in one accident or occurrence and in the amount of not less than $500,000.00 for liability for property damage. Tenant shall deliver to Landlord certificates of insurance evidencing the insurance amounts as called for herein. 11. Surrender of Premises: In the event of default in the payment of rent as noted herein above or at the expiration o£ this agreement, Tenant shall quit and surrender the premises to the Landlord. Tenant may terminate this agreement upon H�ritten notice received by Landlord at least 20 days prior to the 15th of a calendar rrionth. Landlord may tertninate this agreement upon written notice received by Tenant at least 60 days prior to the 15th of a calendar month irrespective of the 1] month term noted hereinabove. 12. Costs and Attorney Fees: If, by reason of any default or breach on the part of either party in the performance of any oF the provisiqns of this agreement, a legal action is instituted, the parties agree io settle the action by binding arbitration, the losing party a�ees to pay the reasonable cost of said asbitration in connection therewith..lt is a�reed that this agreement shall be construed under t��e laws r,f Snohomish County, State of Washington. -. - 13. T)isclosure: Tenant is aware that Landlord is offerir.g the property for sale and that Tenant may be required to surrender the premises at any time upon 60 days written notice from Landlord. 14. Possession: Tenant shall be granted possession of the propeRy for pu�poses of installing improvements upon final execution of this agreement by all parties. IN WITNfiSS WHEREOF, the Tenant and the Landlord, or his agt� t, each hcreunto sets his hand. LANDLORD Terra F' a evelopment Co., LTD By: ��— ack Cole, Agent 626-128th Street S.�','., S�ite 106 Everett, WA 98204 743-5566 TENANT Jump Start Expresso, Incorporated BY: - , Tim Yau , President iyS�S �5�� S� /yto�/27�L-,e �iA�72� 794-9497