LEASE AGREEMENT
THIS AGREEMENT of lease, made and entered into this 26th day of July,
1993, by and between E. XXX XXXX and XXXXX XXXX XXXX, husband and wife,
hereinafter referred to as "Lessor" and TELEVAR NORTHWEST, INC., a
Washington Corporation, hereinafter referred to as "Lessee",
W I T N E S S E T H:
1. DESCRIPTION: Lessor, for and in consideration of the rentals
hereinafter provided, and the covenants and agreements hereinafter
contained, hereby demise, let and lease unto the Lessee that property
commonly known as 238 and 000 Xxxxx Xxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxx
Xxxxxx, Xxxxxxxxxx, the legal description of which is an follows:
Legal description attached as Exhibit "A".
2. TERM OF LEASE: The term of this Lease shall be for seven (7) years
commencing the 1st day of August, 1993, and terminating on the 31st day of
July, 2000.
3. RENTAL AMOUNT.
A. The Lessee shall pay to the Lessor monthly rent as set forth
herein. All rent shall be payable on the first day of each and every month
during the term of this Lease commencing August 1, 1993. On August 1 of
each year the monthly rent shall be adjusted in accordance with the
following schedule:
Year 1 $2,600.00 per month.
Year 2 $2,975.00 per month.
-1-
SEA1-114135.1 27211-0001
Year 3 $3,350.00 per month.
Year 4 $3,725.00 per month.
Year 5 $4,100.00 per month.
Year 6 $4,475.00 per month.
Year 7 $4,850.00 per month.
B. All rental payments shall be made to the Lessor at the
following address: XXXX PROPERTIES, X.X. Xxx 0000, Xxxxxxxxx, Xxxxxxxxxx
00000-0000, or the Lessee may make rental payments to the Lessor by
personally delivering said rental payments to the Lessor at 000 Xxxxxx
Xxxxxx, Xxxxxxxxx, Xxxxxxxxxx 00000. In the event that said monthly
payments are delivered to Lessor later than 5:00 p.m. on the 5th day of any
month during the term of this Lease, there shall be a late charge in the
amount of FIVE PERCENT (5%) of the monthly rental due for each month that
the rent is delinquent.
4. USE: Lessee may use and occupy the premises for office, sales,
service, and display of products being sold by Lessee. Use of premises
shall not change without prior written consent of the Lessor. No unlawful
use of the premises shall be allowed. Lessee agrees to maintain the
premises in a neat and orderly condition throughout the term of the Lease.
5. ALTERATIONS AND MODIFICATIONS: Lessee accepts the premises in the
condition now existing and shall not make any material alterations,
additions or modifications to the premises unless the same are approved by
the Lessor in advance. All alterations, additions or modifications of the
premises shall be at Lessee's expense. All such alterations, additions or
modifications shall remain as part of the premises upon termination of the
Lease. During the term of this Lease the Lessee shall do all painting and
redecorating of the interior
-2-
of the building at its own expense. Lessee shall keep the demised premises
and the property on which the demised premises is situated free from any
liens arising out of the occupancy by Lessee, or any work or improvements
made therein at Lessee's expense and which have been consented to by
Lessor.
6. MAINTENANCE AND REPAIRS:
A. Lessor. In maintenance and repair of the premises, the
Lessor's responsibility shall be limited to maintaining the roof,
foundation and structural walls.
B. Lessee. Lessee shall maintain the interior of the premises in
a good state of repair including light fixtures, painting and replacement
of glass as may be needed. Lessee shall be responsible for all maintenance
and repairs not expressly assumed by the Lessor. Lessee shall maintain the
exterior of the premises including the landscaping.
X. Xxxxxx shall not be liable for any damage done or occasioned
by plumbing, electrical wiring, fixtures, gas, water, steam or other pipes
or sewage, or by water, snow or ice being upon or coming through the roof,
doors, or other parts of the premises.
7. UTILITIES.
A. Lessee. The Lessee shall be responsible for all utilities and
services, including Xxxxxxx Way Assn. dues and/or operating assessments not
expressly assumed by the Lessor under this Lease. Lessee shall hold the
Lessor harmless from any liability relating to utilities and services which
are the responsibility of the Lessee.
X. Xxxxxx. Lessor shall not be responsible for providing any
utilities or services to the premises subject to this Lease.
8. COMPLIANCE WITH LAWS AND COVENANTS.
-3-
A. Lessee shall keep the premises in a clean, sanitary condition
and shall comply with all lawful rules and regulations, ordinances and
statutes applicable to the maintenance of the premises imposed by any
governmental authority. Lessee shall not use any portion of the premises
for any illegal purpose.
B. Lessee acknowledges that the premises are subject to mutual
covenants, restrictions, conditions and reciprocal easements of the Xxxxxxx
Way Professional Center which are of record under Chelan County Auditor's
No. 8502140037. Lessee agrees to abide by the obligations and restrictions
set forth in the aforementioned document. Lessee assumes all obligations to
the premises as set forth in the aforementioned document which is attached
hereto as Exhibit "B".
9. INSURANCE:
A. Lessor. Lessor shall keep the building insured against loss by
special perils property insurance to the extent of the reasonable insurable
value thereof.
B. Lessee. Lessee agrees to provide single limit liability
insurance with minimum limits of $500,000.00 against loss by reason of
accident causing damage to persons and/or property while on said premises
during the term of this Lease. Lessee agrees to provide Lessor with annual
written conformation that the premises are insured. Lessor shall be named
as an additional insured under any such policy. Lessee shall hold the
Lessor harmless from all damage to personal property arising out of the use
of the premises by the Lessee. Lessee shall be responsible for providing
insurance coverage for the contents of the premises.
10. TAXES:
-4-
A. Lessor. Lessor shall pay the annual real estate taxes assessed
or levied against the premises to the extent of the dollar amount assessed
and levied for 1993 base year.
B. Lessee. Lessee shall pay all taxes levied for personal
property located on the premises and shall pay 50% of that portion of the
real property taxes assessed and levied against the premises which exceeds
the amount levied for the 1993 base year.
11. DAMAGE BY FIRE - DESTRUCTION:
A. In the event of a partial destruction of the premises by fire
or other casualty, the Lessor may elect to terminate this Lease or rebuild
and repair said premises. In the event Lessor elects to repair and rebuild,
the rent shall proportionately xxxxx during the time between such partial
destruction and repair or rebuilding. The election to repair or rebuild
must be made within sixty (60) days after the event giving rise thereto and
pursued with due diligence and dispatch.
B. In the event the premises shall be destroyed to the extent of
50% or more of the value thereof, the Lessor may elect to rebuild or not to
rebuild and shall notify Lessee of its intention within thirty (30) days
after such destruction. In case Lessor elects to not rebuild, this Lease
shall terminate without any liability to Lessor by Lessee because of such
election.
12. SUBLEASING: Lessee may sublet portions of the premises on terms
not inconsistent with this Lease. Lessee shall not assign this Lease
without the written consent of the Lessor which shall not be unreasonably
withheld. Any such assignment or subletting shall not relieve the Lessee of
its obligations under the terms of this Lease. Lessee shall not mortgage,
pledge or in any way encumber this Lease or any part thereof without the
prior written consent of the Lessor.
-5-
13. SIGNS: The installation of all signs or symbols posted, displayed
or erected on the exterior or interior of the premises by Lessee shall be
installed in keeping with the requirements of the City of Wenatchee and
covenants in Exhibit B.
14. PEACEABLE ENJOYMENT - RIGHT OF ENTRY.
A. Upon the commencement of the Lease term, the Lessee shall be
entitled to peaceable enjoyment of the premises free from interference by
the Lessor.
B. The Lessor, its agents and employees, shall have the right on
prior notice and at reasonable times to enter said premises for the purpose
of inspecting the same or for any other purpose required in connection with
the Lease or the Lessor's ownership of the premises.
15. DEFAULT AND REENTRY:
A. Time is of the essence of this Lease. If any rents reserved
above, or any part thereof, shall be and remain unpaid when the sum shall
become due, or if Lessee shall violate or default in any of the covenants
and agreements herein contained, the Lessor may cancel this Lease by giving
the notice required by law, and reenter the premises. Notwithstanding such
reentry by the Lessor, the liability of the Lessee for the rent provided
for herein shall not be extinguished for the balance of the term of this
Lease. Lessee covenants and agrees to make good to the Lessor any
deficiency arising from the reentry and the reletting of the premises at a
lesser rental than herein agreed to. Lessee shall pay such deficiency each
month as the amount thereof is ascertained by Lessor.
B. In the event Lessee shall become either insolvent or bankrupt,
or if a receiver is appointed, then the Lessor may cancel this Lease at its
option after giving thirty (30) days written notice.
-6-
16. RISK OF LOSS: Risk of all loss, injury and damage to personal
property located upon or about said premises, however caused, is hereby
assumed by the Lessee notwithstanding any other provision herein to the
contrary.
17. MUTUAL RELEASE: The Lessor and the Lessee and all parties claiming
under them hereby mutually release and discharge each other from all claims
and liabilities arising from or caused by any hazard covered by insurance
on the leased premises, or covered by insurance in connection with the
property on or activities conducted on the leased property, regardless of
the cause of the damage or loss.
18. LESSOR EXONERATION: The Lessor shall not be liable for injury or
damage to person or property occurring within the lease property, unless
caused by or resulting from the negligence of the Lessor, or any of
Lessor's agents or employees in operation or maintenance of the leased
premises.
19. CONDEMNATION: If the whole of the leased premises or such portion
thereof as will make the leased premises unsuitable for the purpose herein
leased is taken by eminent domain, this Lease shall expire on the date when
the leased premises shall be so taken and the rent shall be apportioned as
of that date. Neither the Lessor nor the Lessee shall have any rights in or
to any award made to the other by the condemning authority.
20. ATTORNEYS FEES AND COSTS: In the event suit shall be brought for
any unlawful detainer of said premises, for the recovery of any rent or
other sums due under the provisions of this Lease or because of the breach
of any other covenant herein contained, the prevailing party shall be
entitled to payment by the other party of its costs incurred in such
proceeding, including a reasonable attorneys fee.
-7-
21. NON-WAIVER OF BREACH: The failure of the Lessor to insist upon
strict performance of any of the covenants or agreements of this Lease, or
to exercise any options herein conferred in any one or more instances,
shall not be construed as a waiver or relinquishment of any such covenant
or right or any other covenant or agreement, but the same shall be and
remain in full force and effect.
22. LESSOR'S RIGHT TO CURE LESSEE'S OBLIGATION: In the event that the
Lessee fails to insure as herein required or fails to make any payment
which Lessee is obligated to make under the terms of this Lease, the Lessor
may undertake and fulfill the Lessee's obligation and any sums paid by the
Lessor shall be immediately due and payable by the Lessee to the Lessor,
including any costs and attorney's fees incurred because of the Lessee's
failure to comply with the terms of the Lease.
23. SURRENDER: At the expiration of this Lease term, the Lessee shall
surrender the leased premises in as good a condition as it was in at the
beginning of this term, reasonable use and wear and damages by the elements
excepted.
24. BINDING EFFECT: This Lease Agreement shall be binding not only on
the parties hereto, but their successors, assigns and personal
representatives.
25. LAW GOVERNING: The terms of this Lease shall be governed in
accordance with the laws of the State of Washington. Venue for any action
arising from this Lease shall be as between the Lessor and the Lessee shall
lie in Chelan County.
26. ENTIRE AGREEMENT: This Lease contains the entirety of the
agreement between the Lessor and the Lessee and shall not otherwise be
modified unless such modifications are in writing and signed by all parties
hereto.
-8-
IN WITNESS WHEREOF, the parties hereto have hereunto set their hands
and seals the day and year first above written.
LESSOR:
/s/
--------------------------------------
E. XXX XXXX
/s/
--------------------------------------
XXXXX XXXX XXXX
LESSEE:
TELEVAR NORTHWEST, INC. INC.
By: /s/
-----------------------------------
By: Its Chief Executive Officer
STATE OF WASHINGTON )
) ss.
County of Chelan )
I certify that I know or have satisfactory evidence that E. XXX XXXX
and XXXXX XXXX XXXX, husband and wife, signed this instrument and
acknowledged it to be their free and voluntary act and deed for the uses
and purposes mentioned in the instrument.
DATED this 10th day of July, 1993.
/s/
---------------------------------------
Notary Public in and for the
State of Washington, residing
at Wenatchee
Commission Expires 7-20-95
-9-
EXHIBIT "A"
That portion of Xxx 0, Xxxxx 00, Xxxxxxxx Home Addition to Wenatchee,
Chelan County, Washington, according to the plat thereof recorded in
Volume 1 of Plats, Page 22, described as follows:
Beginning at a point on the North line of said lot which is 30 feet
Westerly from the Northeast corner thereof; thence run Southwesterly on the
Northerly line of said Lot for 128.75 feet; thence turn left 90degrees and
run 45 feet; thence turn left and run Northeasterly parallel with the
Northerly line of said lot for 128.75 feet to the Westerly line of Mission
Street; thence turn left 90 degrees and run Northwesterly 45 feet along
said Westerly line of Mission Street to the Point of Beginning. and
Lots 4 and 5, Xxxxxx'x Addition to Wenatchee, Chelan County,
Washington, according to the Plat thereof as recorded in Volume 1 of
Plats, Page 56.
-10-
EXHIBIT "A"
The westerly 64.25' of Xxxx 0, 0 xxx 00, Xxxx xx Xxxxxx'x Addition, Chelan
County, Washington, according to the Plat thereof recorded in Volume 1 of
Plats, page 56, records of said County, and the easterly 13 feet of Chelan
Avenue as shown on the Plat of Xxxxxx'x Addition to Wenatchee, Chelan
County, Washington, according to the Plat thereof, being a strip of land
____ feet lying westerly of and adjacent to Xxxx 0, 0 xxx 00, Xxxxx 1, in
said Addition, EXCEPTING the northerly 20 feet of said strip, a portion
adjacent to said Lot 10. Except the north 20 feet of said Xxx 00 xxx Xxxxxx
xxxxx xx xxx.
The easterly 70' of Xxxx 0, 0 xxx 00, Xxxx xx Xxxxxx'x Addition, Chelan
County, Washington, according to the Plat thereof recorded in Volume 1 of
Plats, page 56, records of said County, EXCEPT the north 20 feet of said
Xxx 00 xxx Xxxxxx xxxxx xx xxx.
Lots 4 and 5, Plat of Xxxxxx'x Addition, Chelan County, Washington,
according to the Plat thereof recorded in Volume 1 of Plats, page 56,
records of said County, also that part of Xxx 0, Xxxxx 00, Xxxxxxxx Home
Addition to Wenatchee, Chelan County, Washington, according to the recorded
plat thereof, described as follows: Beginning at a point on the north line
of said lot which is 30 feet westerly from the northeast corner thereof;
thence run southwesterly on the northerly line of said lot for 128.75 feet;
thence turn left 90 degrees and run 45 feet; thence turn left and run
northeasterly parallel with the northerly line of said lot for 128.75 feet
to the westerly line of Mission Street; thence turn left 90 degrees and run
northwesterly 45 feet along said westerly line of Mission Street to the
point of beginning.
Lots 6 and 7 TOGETHER WITH the Easterly 13 feet of Chelan Street adjoining
said Lots 6 and 7, Keefers Addition to Wenatchee, according to the plat
thereof recorded in Volume 1 of Plats, page 56.
SUBJECT TO any and all liens and encumbrances of record, or otherwise.
That portion of Xxx 0, Xxxxx 00, Xxxxxxxx Home Addition to Wenatchee,
Chelan County, Washington, described as follows:
Beginning at the southwest corner of said Lot 1 and thence running easterly
along the southerly line thereof, 15 feet to the easterly line of Chelan
Avenue as presently established; thence northerly along said easterly line,
174.08 feet to the true point of beginning; thence easterly along a line
parallel with the northerly line of said lot, 129.41 feet; thence
northerly, along a line parallel with the westerly line of said lot 43.52
feet to the northerly line of said lot; thence westerly along the northerly
line of said lot, 129.33 feet to the easterly line of Chelan Avenue; thence
southerly, along said easterly line 43.52 feet to the true point of
beginning. TOGETHER WITH that portion of the bacated alley adjacent
thereto, AND EXCEPT that portion conveyed to City of Wenatchee by deed
recorded under Auditor's File No. 723239, Book 710, page 1512.
-11-
Part of Xxx 0, Xxxxx 00, Xxxxxxxx Home Addition to Wenatchee, according to
the Plat thereof recorded in Volume 1 of Plats, Page 22, records of said
county, described as follows: Commence at the most Southerly corner of said
lot and run thence easterly along the southerly line thereof for 15 feet to
present easterly right-of-way line of Chelan Avenue; thence northerly,
parallel with the westerly line of said Lot along said right-of-way line
for 130.56 feet to the TRUE POINT OF BEGINNING: thence continue on the same
course for 43.52 feet; thence run easterly, parallel with the northerly
line of said lot for 149.41 feet; thence south, parallel with the easterly
line of said lot for 43.52 feet; thence west, parallel with the Northerly
line of said lot for 149.49 feet to the TRUE POINT OF BEGINNING, EXCEPT,
that portion conveyed to City of Wenatchee by Deed recorded 12-19-72 under
auditor's file No. 725655.
Beginning at a point 15 feet east of the southwest corner of Washington, to
wit: Xxx 0, Xxxxx 00, Xxxxxxxx Home Addition to Wenatchee, Chelan County,
Washington, according to the recorded plat thereof, and running thence
northerly, parallel to the east line of Chelan Street, for 43.52 feet;
thence Easterly, parallel to the South line of said Lot 1, for 129.65 feet;
thence Southerly, parallel to the East line of Chelan Street, for 43.52
feet; thence westerly, parallel to the south line of said Lot 1, for 129.74
feet to the point of beginning; TOGETHER WITH the vacated alley adjoining
and adjacent to said premises on easterly side thereof. EXCEPT the Westerly
10 feet thereof deeded to the City of Wenatchee for road purposes by deed
recorded September 11, 1972, under Auditor's File No. 722718
THIS DEED is given in fulfillment of a Real Estate Contract of the above
described property, dated February 28, 1977, between the parties hereto and
is subject to encumbrances placed or suffered on the premises by the
purchasers subsequent to said date, and
SUBJECT TO easements and restrictions of record or apparent upon the
premises, and SUBJECT to matters relating to water and water rights, and
rights of way for necessary facilities for the distribution of water and
right of entry for repair and maintenance.
-12-
EXHIBIT "B"
The westerly 54.25' of Xxxx 0, 0 xxx 00, Xxxx xx Xxxxxx'x Addition, Chelan
County, Washington, according to the Plat thereof recorded in Volume 1 of
Plats, page 56, records of said County, and the easterly 13 feet of Chelan
Avenue as shown on the Plat of Xxxxxx'x Addition to Wenatchee, Chelan
County, Washington, according to the Plat thereof, being a strip of land 13
feet lying westerly of and adjacent to Xxxx 0, 0 xxx 00, Xxxxx 1, in said
Addition, EXCEPTING the northerly 20 feet of said strip, a portion adjacent
to said Lot 10. Except the north 20 feet of said Xxx 00 xxx Xxxxxx right of
way.
-13-
EXHIBIT "C"
The easterly 70' of Xxxx 0, 0 xxx 00, Xxxx xx Xxxxxx'x Addition, Chelan
County, Washington, according to the Plat thereof recorded in Volume 1 of
Plats, page 56, records of said County, EXCEPT the north 20 feet of said
Xxx 00 xxx Xxxxxx xxxxx xx xxx.
-14-
EXHIBIT "B"
MUTUAL COVENANTS, RESTRICTIONS, CONDITIONS AND
RECIPROCAL EASEMENTS OF THE XXXXXXX WAY PROFESSIONAL CENTER
The undersigned parties declare that they have fixed and do hereby
grant easements and establish protective restrictions, covenants and
conditions, upon certain real property (sometimes hereinafter referred to
as "Xxxxxxx Way Professional Center") in the City of Wenatchee, County of
Chelan, State of Washington, such property being legally described by
Exhibit "A" attached hereto and made a part hereof.
Said parties have fixed and do hereby grant easements and establish
protective provisions, covenants, restrictions, and provide for liens and
charges (collectively hereinafter referred to as "restrictions") upon and
subject to which the leasehold and freehold interests of the parties or any
part thereof, shall be held, used, occupied, leased, subleased, assigned,
and/or transferred, each and all of which is and are for the mutual benefit
of all of such interests in such property and of every portion thereof and
of each party hereto and which shall run with each leasehold and freehold
interest or part thereof and shall inure to and pass with each such
interest and shall apply to and bind the respective successors in interest
thereof; and all and each of such restrictions are imposed upon such
interests as a mutual, equitable servitude in favor of each such interest
and each and every portion thereof. Such easements and restrictions,
covenants and conditions are as follows:
DEFINITIONS
Common Areas. All areas within the Xxxxxxx Way Professional Center
subject to non-exclusive use as hereinafter provided shall be referred to
as "common areas". Such areas shall include motor vehicle parking areas,
roadways, walkways, and the night light,
-15-
which are provided for the convenience of permittees. None of the
landscaped areas shall be considered a common area.
Common Expense. Any expense which is to be paid for or reimbursed by a
common area charge shall be referred to as a "common expense".
Owner. Any person, firm, or corporation which owns a fee interest in
any parcel or building in the Xxxxxxx Way Professional Center, or which
holds a vendee's interest therein under a contract of purchase, shall be
referred to as "owner".
Parking Areas. The common areas used for the parking of motor
vehicles, including incidental roadways, walkways and loading and delivery
areas, situated outside any building, shall be referred to as "parking
areas".
Party. The term "party" shall mean each of the persons executing this
instrument, or their respective successors in interest thereof.
Permittees. All owners, lessees, sublessees and occupants of land and
improvements lying within the Xxxxxxx Way Professional Center and all
employees and other business invitees of such owners, lessees, sublessees
and occupants shall be referred to as "permittees".
Xxxxxxx Way Professional Center. The real property legally described
by the attached Exhibit "A" shall be referred to as the Xxxxxxx Way
Professional Center.
RESTRICTIONS, COVENANTS AND CONDITIONS
1. Management Fee. In the event the owners deem it necessary to employ
the services of a common area manager, any reasonable fee for such service
shall be a common
-16-
expense and shall constitute a common area charge as provided in section 10
of this agreement.
2. Landscaping - Adjacent. It shall be the sole responsibility and
duty of each owner of a building to maintain and care for in a reasonably
husbandlike manner at his own expense, any landscaped areas which lie
adjacent to and adjoin any building of the Xxxxxxx Way Professional Center
owned by him or within said owners parcel.
3. Refuse. The storage and removal of all garbage and refuse from the
Xxxxxxx Way Professional Center shall be a common expense and shall
constitute a common area charge as provided in section 10 of this
agreement. All garbage and refuse must be stored in such a manner that
parking on the premises of the Xxxxxxx Way Professional Center will not be
unreasonably interfered with.
4. Insurance. Liability insurance shall be maintained by the owners to
an extent that it provides reasonably adequate coverage, including coverage
for all maintenance services, upon the common areas of the Xxxxxxx Way
Professional Center. Such insurance shall be a common expense and shall
constitute a common area charge as provided in section 10 of this
agreement.
5. Maintenance. The owners shall provide maintenance for the common
areas, including maintenance and repair of the blacktop, sidewalks and
curbs, sweeping, and any other type of upkeep or repair that shall be
necessary. Such maintenance shall be a common expense and shall constitute
a common area charge as provided in section 10 of this agreement. The
owners shall provide for the removal of snow from all of the walk ways of
the Xxxxxxx Way Professional Center, whether a common area or otherwise,
which shall be
-17-
a common expense and shall constitute a common area charge as provided in
section 10 of this agreement.
6. Signs - General. All entrance/exit signs or other signs containing
information applicable to all of the buildings of the Xxxxxxx Way
Professional Center generally, shall be placed and maintained at the
expense of the owners as a common expense, and shall constitute a common
area charge as provided in section 10 of this agreement.
7. Signs - Specific. Any sign which is used for the purpose of
denoting the specific business or occupancy of any building shall be
constructed in a manner, size, quality and of material that is reasonable
for such building, and shall be similar to other signs of the Xxxxxxx Way
Professional Center in like respects. Such signs shall be placed either on
the building which it identifies or as near to the building it serves to
identify as is practical, or both. The cost of purchasing, placing and
maintaining such signs shall not constitute a common expense.
8. Lights. The lights lighting the common areas shall be maintained in
good repair by the owners as a common expense, and shall constitute a
common area charge as provided in section 10 of this agreement.
9. Unobstructed Ingress/Egress. It is agreed by all parties that all
roadways providing either ingress or egress for the Xxxxxxx Way
Professional Center shall remain open and unobstructed at all times, unless
otherwise necessitated due to emergency work or repair upon common areas or
utilities.
10. Common Area Charge. All of the charges which constitute a common
area charge shall be totaled each month, and the sum of such total shall be
paid by the owners
-18-
according to their proportional ownership of the total amount of square
footage within the buildings constituting the Xxxxxxx Way Professional
Center, which is as follows:
OWNER OF BUILDING #1 2820 sq. feet 13%
OWNER OF BUILDING #2 3108 sq. feet. 14%
OWNER OF BUILDING #3 2810 sq. feet 13%
OWNER OF BUILDING #4 3712 sq. feet 17%
OWNER OF BUILDING #5 9338 sq. feet 43%
11. Lien for Common Area Charge. Each monthly common area charge shall
be a joint and several personal debt and obligation of the owner or owners
for which the same are charged as of the time the charge is made and shall
be collectible as such. The amount of any common area charge, plus interest
at the rate of twelve percent (12%), per annum, and costs, including a
reasonable attorney's fee, shall constitute a lien upon the parcel or
parcels of the Xxxxxxx Way Professional Center owned by such owner, if,
after a period of thirty (30) days after such charge has been assessed, it
shall remain unpaid. Said lien may be held in the name of any one or more
owner of a parcel of the Xxxxxxx Way Professional Center.
PARKING EASEMENTS
There are hereby created and established non-exclusive easements upon
all of the parking spaces in all of the parking areas of the Xxxxxxx Way
Professional Center. Such easements provide for the open and non-exclusive
use of all of the parking spaces in all of the parking areas of the Xxxxxxx
Way Professional Center for the purpose of providing parking for the motor
vehicles of permittees.
UTILITY EASEMENTS
-19-
There are hereby created and established non-exclusive easements upon
all of the parcels of the Xxxxxxx Way Professional Center for the
maintenance, removal, use, and replacement of sewers, water and gas pipes
and systems, drainage lines and systems, electric power conduits, wires and
systems, telephone conduits, wires and systems, and other public utilities
beneath the ground surface of the common areas, provided that in the
performance of such work the persons performing such work shall:
(1) make adequate provision for the safety and convenience of all
persons using the surface of such areas;
(2) replace and repair the areas and facilities to the condition in
which they were prior to the performance of such work;
(3) hold all other parties harmless against claims including costs and
attorney's fees arising (?) the performance of such work or use of such
easements;
(4) notify in writing the party upon whose land such work has been
performed not less than thirty (30) days prior to commencement of such
work; provided, however, that in the event of an emergency, this provision
shall be deemed waived and any party may perform necessary work after oral
approval by the other party's managing employee on the premises. Such
approval shall be confirmed by letter or telegram as soon as possible
thereafter. An owner may not unreasonably withhold approval.
SEPARATE WATER METERS-PARCELS #1 & 2
In the event the owners of parcels #1 and #2 of the Xxxxxxx Way
Professional Center, as described by Exhibits "B" and "C" respectively,
determine in writing that it shall be mutually advantageous to provide a
separate water meter and service for the building
-20-
situated on parcel #2, the costs associated with such an undertaking shall
be shared equally between the owners of parcels #1 and #2, unless otherwise
agreed by them in writing. Until such time as the owners of parcels #1 and
#2 agree to provide a separate water meter for parcel #2, all costs
associated with water and sewer usage for parcels #1 and #2 shall be shared
equally between the owners of such parcels, unless otherwise agreed by them
in writing.
ADMINISTRATIVE DECISIONS
All administrative decisions which are to be made by the owners of the
Xxxxxxx Way Professional Center must be agreed upon by a majority of the
building owners after each owner has been informed of the nature of the
decision to be made.
AMENDMENTS
These Mutual Covenants, Restrictions, Conditions and Reciprocal
Easements may be amended only by agreement of at least 75% of the owners of
the Xxxxxxx Way Professional Center. For the purposes of this provision,
the owner or owners of each building shall be considered an "owner", and
shall be entitled to one vote. Prior to any vote to amend this agreement,
all of the owner's must be informed as to the proposed amendment, and
consulted in regard to the propriety of such amendment being adopted.
ADDITIONAL PROPERTY
Other properties may be added to the Xxxxxxx Way Professional Center
by amendment to this agreement. The share of a common area expense to be
born by the owners of any property subsequently added to the Xxxxxxx Way
Professional Center shall be equal to the ratio of the total amount of
square footage of all the buildings located on the
-21-
property to be added to this agreement pursuant to amendment to the total
square footage of all of the buildings thereafter comprising the Xxxxxxx
Way Professional Center.
XXXXXX'X, INC. SAV-MART INC., the
general partner of Sav-Mart
Associates, a limited Partnership
/s/ /s/
----------------------------------- --------------------------------------
XXXXXX XxXXXX, President
/s/ /s/
----------------------------------- --------------------------------------
XX. XXXXX XXXXXX XXXXXXXX XXXXXX, his wife
STATE OF WASHINGTON )
: ss.
COUNTY OF CHELAN )
On this 11th day of February, 1985, before me, the undersigned, a
Notary Public in and for the State of Washington, duly commissioned and
sworn, personally appeared Xxxx Xxxxxx to me known to be the President of
XXXXXX'X, INC., the corporation that executed the foregoing instrument, and
acknowledged the said instrument to be the free and voluntary act and deed
of said corporation, for the uses and purposes therein mentioned, and on
oath stated that he is authorized to execute the said instrument and that
the seal affixed is the corporate seal of said corporation.
WITNESS my hand and official seal hereto affixed the day and year
first above written.
/s/
--------------------------------------
NOTARY PUBLIC in and for the State
of Washington, residing at
Wenatchee
-22-
STATE OF WASHINGTON )
: ss.
COUNTY OF CHELAN )
On this 7th day of February, 1985, before me, the undersigned, a
Notary Public in and for the State of Washington, duly commissioned and
sworn, personally appeared Xxxxxx X. XxXxxx to me known to be the
__________ President of SAV-MART INC., the corporation that executed the
foregoing instrument, and acknowledged the said instrument to be the free
and voluntary act and deed of said corporation, for the uses and purposes
therein mentioned, and on oath stated that he is authorized to execute the
said instrument and that the seal affixed is the corporate seal of said
corporation.
WITNESS my hand and official seal hereto affixed the day and year
first above written.
/s/
--------------------------------------
NOTARY PUBLIC in and for the State
of Washington, residing at
E. Wenatchee
STATE OF WASHINGTON )
: ss.
COUNTY OF CHELAN )
On this day personally appeared before me XX. XXXXX XXXXXX and
XXXXXXXX XXXXXX, husband and wife, to me known to be the individuals
described in and who executed the within and foregoing instrument, and
acknowledged that they signed the same as their free and voluntary act and
deed for the purposes therein mentioned.
GIVEN under my hand and official seal this 8th day of February, 1984.
/s/
--------------------------------------
NOTARY PUBLIC in and for the State
of Washington, residing at
E. Wenatchee
-23-
