Last Update 20 Feburuary 2019

Ground Land Lease

TABLE OF CONTENTS
GROUND LEASE
Item Headings
Page
I WITNESSETH
II TEAM
III RENT, OTHER PAYMENTS, SECURITY
IV IMPROVEMENTS
V MAINTENANCE: REPAIRS, ALTERATIONS, RECONSTRUCTION
VI ENCUMBRANCE, ASSIGNMENT AND SUBLETIING (Page 2)
ENCUMBRANCE, ASSIGNMENT AND SUBLETIING (Page 3)
2 & 3
VII INSURANCE
VIII CONDEMNATION
IX DEFAULT REMEDIES
X GENERAL CONDITIONS, MISCELLANEOUS PROVISIONS
XI EXPIRATION· TERMINATION
XII RIGHT OF FIRST REFUSAL TO PURCHASE FEE

GROUND LEASE

This Ground Lease ("Lease") Is made this 1st day of August, 1979, by and between JESSIE M. DUC, a widow, EUGIJNE cue. a married man and CHARLOTIE KIRCHEN, a single woman (collectively "Lessor") and FRANK WOOLSEY and CHARLES L.HERMANSEN (collectively "Lessee").

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