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Fillable Printable Washington Commercial Lease Agreement

Fillable Printable Washington Commercial Lease Agreement

Washington Commercial Lease Agreement

Washington Commercial Lease Agreement

WLA 64
6. SIGN S AND ALTERATIONS: All signs or sy mbols placed by Lessee on or about the premi s es shall b e subject to Lessor's
prior written approval. After prior written consent of Lessor, L essee may make alterations, additions and improvements in
said premises, at Lessee's sole cost and expense. L essor may elect to require L essee to remove any such altera tions,
additions or improvements upon term ination of this lease and at Lessee's sole cost and expense.
7. LIENS AND INSOLVENCY: L
essee shall keep the prem ises free from any liens arising out of any work per form ed fo r,
materials furn ished to, or obligations incurred by Lessee , and shall indemni fy and hold Lessor harmless against the sam e. In
the event Less ee becomes insolvent, bankrupt, or if a receiver, assignee or other liqui dating officer is appointed fo r t he
business o f Lessee. Lessor m ay ca ncel this Lease at its option.
8. SUBL
ETTING OR A SSIGNMENT: Lessee shall not sublet the whole or any part the prem i ses, nor assign this Lease, without
the written c onse nt of L essor, w
hich will n ot be unreasonably withheld. This Lease shall not be assign able by operatio n of
law. Any assignment shall not releas e the lessee from liability under this lease unless th e assignment state s such.
9. DAMAGE OR DES
TRUCTION: In the event the premises are rende red unten ant ab le in whole or in part by fire, the
elements, or other casualty, Lessor shall notify Lessee, within thirty (30) days after such casualty, that Lessor will undertake
to rebuild or restore the premises, and th at such work ca n be completed within one hundr
ed eighty (180) days from date of
such notice of intent. If Lessor cannot restore o r rebuild the premises within the said one hundred eighty (180] da ys,
then
the
Lease may be terminated at Lessee's option by written ten (10) day notice to Lessor. During the perio d
of
untenantability, rent shall abate in the sa me ratio as the portion of the premises rendered untenantable bears to the whole
of the premises.
10. ACCIDENTS A
ND USABILITY: Lessor or its agent shall not be liable for any in jury or dam age to persons or property
sustained by Lessee or other, in and about the p remises. L es see a grees to defen
d and hold Lessor an d its agents harmless
from any claim, action and/or judgment for damages t o property or injury to perso ns suffered or alleged to be suffered on
the premises by any person, firm or corporation, unless caused by Lessor's negligence.
11. C
OSTS AND ATTORNEY'S FEES: If, by reason of an y default or br each on the part of eithe r party in the performance of
any of the provisions of this L ease, a legal action is in s titu ted, the losing party agree
s to pay all rea sonable costs and
attorney's fees in connection therew ith, including costs and fees to collect any judgment. It is agreed that the venue of any
legal actio n brought under the terms of this Lease may be in the county in which the premises are situated. Inte rest on
unpaid sum s shall accrue at the rate of 12 percent per annum from due date, even if not liquidated at that time.
12. SU BOR
DINATION: Lessee a grees th at this Lease shall be subordinate to any mortgages or deeds of trust placed on the
property described in Exhibit A, p rovided, that in the event of foreclosure, if Lessee is n ot th en in default and agrees to
attorn to the mortgagee or beneficia ry under deed of trust, such mortgag ee or benefic iary shall recognize Lessee 's right of
possession fo r the term of this Lease.
13. N
O WAIVER OF COVENANTS: No conduct of a party shall co nstitute accord and satisfactio n, unless contained in
a
writing
to such effect arid signed by the parties. Any waiver by either party of any breach h ereof by the other sh all not be
considered waiver of any future similar breach . Thi s Lease cont ains all the agreements between the parties; an d there shall
be no modification of the agreements contained herein except by written ins trument.
14. SU RR
ENDER OF PREMISES : Lessee agrees, upon terminatio n of this Lease, to peacefully quit and surrender the
premises without notice, leave the premises neat a nd clean and to deliver all key s to the prem ises to Lessor. If Lessor elects
to require Lessee to rem ove alterations, additions or improvements made by Les s ee, then Less
ee shall restore the pr emises
to th eir previo us condit ion, less reasonable wear and tear.
15. BIN
DING ON HEIRS, SUCCESSORS ANDASSIG NS: The coven ants and agree ments of this Le ase shall be bi ndin g upon the
heirs, execu to rs, administrators, succe ssors and assigns of both parties he reto, except as here]in]above provided.
16. USE: Lessee shall use the premises for the purpo s es of
and for no oth er
purposes, without written consent of Lessor.
17. NOTI
CE: An y notice required to be given by either party to the other shall be deposited in th e United States mail,
postage pr epaid, addressed to the Lessor at,
or to th e
Less ee at,
or at
WLA 64
such other address as either party may design ate to the other in writing from time to t ime. A facsimile transmission will
suffice in lieu of mail if receipt is confirmed as to date and time.
18. R
IDERS: Riders, if any, attached hereto, are made apart of th is lease by referenc e and are described as:
19. TIME IS OF
THE ES SEN CE OF THIS LEASE.
20. If Lessee
is a corp oration, each individual ex ecuting this Lease on behalf of said corporation repr esents and
warrants that
he is du
ly authorized to execute and deliver this Lease on b
ehalf of said corporation in accordance with a duly ad opte d
resolu tion of th e Board of Directors of said corporation or in accordance with the By]Laws of sa id corporation; an d that th is
Lease is binding upon said co rporation in accordance with its term . If Lessee i s a cor poration, Lessee sh all, within thirty (30 )
days after execution of this Lease, deliver to Lessor or certified copy of a resolu tion of th e B oard o f Directors of said
corporation authorizing or ratifying the execution of this Lease.
IN W
ITNESS WHEREOF, th e parties hereto hav e hereunto set their hands the dale first above written.
Les
sor(s ) Less ee(s)
ST
ATE OF WASHINGTON
County of
ss. (IN DIVIDUAL ACKNOWLEDGEMENT)
I certify t
hat I know or have s atisfactory evidenc e that is the person who appeared
before me, and said person acknowle dged that signed this instrument an d acknowledged it to be free and
voluntary act for the uses and purposes mentioned in the instrument.
Dated th is day o
f .
STATE OF WASHINGTON
County of
Print
Name
Notary
Public in and for the State of
My appointment expires:
ss. (CORPORATE ACKNOWLEDGEMENT)
On this , day o
f , , personally appeared before
me to me know n to be the
of the corporation that executed the within an d fo re go ing instrume nt, and acknowled ged said
instrument to be the free and voluntary act and deed of said corporation, fo r the use s and purposes th ere in mentioned, and on oath
stated that authorized to execute said ins trument and the seal affixed (if any) is the co rp orate seal of said
corporation.
WITNESS my hand and Official seal hereto affixed the day and year in this certificate above written.
Print
Name
Notary
Public in and for the State of
My appointment expires:
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