K. LEE GIFTS 4 -2009 - Laserfiche WebLink

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DO NOT RECORD purposes to which it presently is and may, at the option of Landlord, be devoted. (c) Tenant hereby acknowledges that title to the Property is vested in Landlord and agrees never to assail or resist the same, and further agrees that Tenant's use and occupancy of Property shall be referable solely to the permission herein given. (d) Upon the expiration or termination of this Agreement, Tenant shall surrender Property to Landlord in good and clean condition, less ordinary wear and tear. (e) As a covenant to this Agreement, Tenant shall adhere to and comply with all responsibilities enumerated in Rider 1, attached hereto and incorporated herein. Failure to comply with said responsibilities shall constitute good reason for termination of this Agreement by Landlord. Section 1.02 Term (a) The term of the Agreement for renting the Property ("Term") shall commence on July 1, 2009 ("Commencement Date") and shall continue on as a month -to month tenancy. (b) Notice of intent to vacate or termination of the landlord -tenant relationship is only valid with thirty (30) days prior written notice to the other party. Section 1.03 Rent. (a) Upon the Commencement Date, Tenant shall pay to Landlord monthly rent in the amount of $932.00 per month ("Compensation") for use of the Property. Compensation will be due upon execution of this Agreement and thereafter on or before the 5th of each month, payable to "The City of Santa Ana" and remitted to: The City of Santa Ana at City Hall (6th Floor), 20 Civic Center Plaza (M-25) Santa Ana, CA 92701. A late charge of ten percent (10%) shall be applied after any payment hereunder is due but unpaid. (b) Tenant's monthly rental payments shall be subject to a CPI adjustment annually on the anniversary of the Commencement Date during the term hereof. Section 1.04 Non -Possessory Interest Landlord retains full possession of the Premises and Tenant will not acquire any interest temporary, permanent, irrevocable, possessory or otherwise by reason of this Agreement, or by the exercise of the permission given herein. Tenant will make no claim to any such interest. Any violation of this provision will immediately void and terminate this Agreement.