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0: Mindy Ly <br />PWA( <br />,1 2g ifs College Park Plaza N-2016-196 <br />City sof Santa Arta <br />COMMERCIAL LEASE AGREEMENT <br />In consideration of the covenants herein, the City of Santa Ana, a charter city and municipal <br />corporation organized and existing under the Constitution and laws of the State of California <br />("LANDLORD') hereby lasses to Orflida Magana Ground ('TENANT') the following premises,.L <br />Bristol Road Suite A sante & ,,Q6 (the "Premises"). <br />LANDLORD and TENANT now covenant and agree that the following terms and conditions shall govern <br />this Lease.. <br />1. .TERM, The term begins on t<tovember 9.2Q16 and ends an 1„tgvember3t}. 291fi and <br />thweafter shall continua on a mtrn0i-to-month basis unlit either TENANT or LANDLORD <br />provide notice in writing 30 days prior to the date of its Intent to terminate the lease. <br />2. RENT. "Rent" shall mean all monetary obligations of TENANT to LANDLORD under the terms of <br />this Lease, except security deposit TENANT shall pay to LANDLORD, without deduction or offset,. Base <br />Rent at the rate of 31,AQ0.00 per month for the term of the agreement. Tenant shall pay initial rent of <br />81,4.E for the month of November 2016, Rent Is to be paid to Landlord to either cashier's check or <br />money order made payable to the "City of Santa Ana' at its address set forth in Paragraph 20 of this <br />Lease or at any other place designated In writing by Landlord from time to time. Rent payments shall be <br />due on the 1v day of each month: <br />3.. UTIL171ES, <br />TENANT shall pay for all gas service, electrical services, telephone services, telecom services, <br />and other utilities and services provided to the Premises during the tam of the lease unUi TENANT <br />vacates that property. LANDLORD shalt pay for waterservice. TENANT will terminate any and all <br />accounts for said services when Lessee vacates prop", . <br />4, AECURiTYDEPO . (CHECK ONLY ONE) <br />o TENANT shall pay to LANDLORD a security deposit of $0 U.S, dollars upon TENANT's <br />execution of this Lease. <br />a TENANT has on deposit with LANDLORD a security deposit of $1400 00 U.S, dollars, <br />which LANDLORD has obtained from the prior owner(s) of the property. <br />Said security deposit shall he held as security for TENANT's performance hereunder and refunded to <br />TENANT without interest at the end of this Lease, subject to TENANT'S satisfactory compliance with the <br />conditions hereof. TENANT may not apply the security deposit to any payment due under the Lease. In <br />..the event of any default or breach of this Lease by TENANT, however, LANDLORD may elect to apply <br />the security deposit first to any un-amarized improve meras completed for TENANT's occupancy, then to <br />offset any outstanding Invoice or other payment due to LANDLORD, and them to outstanding Rent If all or <br />any portion of the security deposit Is applied to cure a. default or breach during the term of this Lease, <br />TENANT shall restore sold deposit to in, fait amount within 3 days following receipt of written demand. <br />TENANTS failure to remit the Ani security deposit (when mqufmd) or any portion thereof, or to restore <br />said deposit when due shall constitute a substantial Lease default, <br />Within 30 days after the termination of this Lease and Tenants vacation of the Premises, LANDLORD <br />shall: (i) furnish Tenant an itemirred statement indicating the amount of security deposit received and the <br />basis for its disposition, and (it) return any remaining portion of security deposit to TENANT.. <br />S. LATE CHAR QR �_'�TL,NSF CHECKS. TENANT acknowledges that either late payment of <br />rent or Issuance of a Non -Sufficient Funds. (NSF) check may cause LANDLORD to incur costs and <br />expenses, the exact amount of which are extremely difficult and impractical to determine. These costs <br />may include, but are not limited to, processing, enforcement and accounting expenses, and late charges <br />imposed on LANDLORD, if any Installment of Rent due from TENANT Is not received by LANDLORD <br />within 5 calendar days after date due, or if a chars is refunded NSF, TENANT shalt pay LANDLORD, <br />respectively, a foe of 10% of the rental rate for tate charges, and $25.00 as a NSF fee, any of which shalt <br />be deemed additional Rent LANDLORD and TENANT. agree that these charges represent a Fair and. <br />reasonable estimate of the costa LANDLORD may incur by reason of TENANTS late or NSF payment <br />Any Isle charge, interest, or NSF fee due shall be paid immediately Upon demand. LANDLORD`s <br />acceptance of any late charge, interest or NSF fee shalt not wrisdaite a waiver as to any default of <br />TENANT. L.ANDLORD's right to collect a late charge, int®rest or NSC' fee shall not be deemed an <br />extension of the date Rent Is due under Paragraph 2, or prevent LANDLORD from exercising any other <br />rights and remedies under this Lease and as provided by law. <br />6. TERMINATION. This Lease may be terminated at any time by LANDLORD or TENANT upon <br />thirty (34) days' prior written notice, Such notice shall be deemed given upon the mailing thereof, postage <br />prepaid, to the other party at the address set forth below. Neither the termination provision of this <br />Paragraph 8 nor the term of this Lease as set forth in Paragraph 1 above shall be relevant or affect <br />LANDLORD and TENANT in any negotiation or proceedings to determine TENANT's right to relocation <br />expenses by reason of LANDLORD's acquisition of the property. <br />Sm,gce PeroemlA4—pAi$tlYkA <br />