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CITY <br /> LEASE AGREEMENT <br /> This Lease is made this 9th day of December,2016,between the City of Everett,a <br /> municipal corporation under the laws of the State of Washington,hereinafter referred to as the <br /> "City or Lessor", and SC Everett LLC,hereinafter referred to as "SC Everett or Lessee". <br /> WITNESS <br /> 1. PREMISES. Except for the southernmost 20 parking stalls along the west fence line, <br /> the Lessor does hereby lease to Lessee, and Lessee does hereby lease from Lessor,those certain <br /> premises commonly known as W. Marine View Drive Parking Lot, (hereinafter called <br /> "Premises"),being located at the northeast corner of West Marine View Drive and 26th Street, <br /> Everett, Washington, 98201 and legally described as: <br /> Lots 5 thru 16,Block 558, Plat of Everett Div. G, according to the plat thereof recorded in <br /> Volume 4 of Plats,page 41,less right of way to the City of Everett per Statutory Warranty <br /> Deed recorded under file number 9012030271,records of the Auditor, of the County of <br /> Snohomish, State of Washington. <br /> 2. TERM. The initial term of this lease shall commence on December 9,2016,and end <br /> at midnight December 8, 2017. Any tenancy after the initial term shall be on a month to month <br /> basis. Except as otherwise provided in this Agreement,either party may terminate this <br /> agreement upon thirty(30) days written notification. <br /> 3. RENT. Lessee leases said Premises for said period and agrees to pay a monthly rental <br /> in the amount of$2,520.00 on or before the fifteenth day of each month during the term of this <br /> lease to: <br /> Treasurer <br /> City of Everett <br /> 2930 Wetmore <br /> Everett, WA 98201 <br /> or such other place as the Lessor may from time to time designate in writing. If any rent is,at <br /> any time, five(5) or more days past due,Lessee will be charged a late charge equal to ten(10) <br /> percent of the past due rental amount. All rent payments must be made without deduction or <br /> offset. <br /> 4. USE. Lessee may use and occupy said Premises for vehicle storage/parking. Only <br /> employees of Lessee and Lessee's bank inspectors or contract vendors shall access the Premises. <br /> Patrons and customers are prohibited on the Premises. City and its assigns shall retain use of the <br /> Premises not in conflict with Lessee's use at all other times. Lessee agrees that its use of the <br /> Premises any occupancy thereof Lessee shall comply with the laws,rules and regulations of the <br /> governments of the United States, State of Washington, Snohomish County and City of Everett. <br /> Lessee agrees to maintain the Premises in good condition and repair throughout the term of the <br /> lease. Upon termination of the lease, Lessee shall quit and surrender the Premises in as good a <br /> state and condition as reasonable use and wear and tear thereof permit, damage by the elements <br /> or other actions not caused by Lessee or its employees,agents,customers or invitees excepted. <br />