Reso 1996-031 to 035 - Laserfiche WebLink

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processing and accounting charges. Therefore, if any installment of rent due from Lessee (whether minimum rent or percentage rent) is not received by City within thirty (30) days after the date when due, Lessee shall pay to City an additional sum of two percent (2%) per month of the overdue rent, from the date such sum was due and payable until paid, as a late charge. The parties agree that this late charge represents a fair and reasonable estimate of the costs that City will incur by reason of late payment by Lessee. Acceptance of any late charge shall not constitute a waiver of Lessee's default with respect to the overdue amount, or prevent City from exercising any of the other rights and remedies available to City. In any case in which provision is made herein for the termination of this agreement by City, or in the case of abandonment or vacating of the premises by Lessee, if the lending agency holding an encumbrance upon the leasehold estate has not remedied or otherwise removed the default as hereinabove provided, City in lieu of declaring a forfeiture may enter upon the premises. To such end, Lessee hereby irrevocably appoints City its agent to remove any and all persons or property from said premises and to place any such property in storage for the account of and at the expense of Lessee. In such case, City may relet the premises upon such terms as to it may seem proper, and if a sufficient sum shall not be realized thereby, after paying expenses of such reletting, to satisfy the rent and other sums herein agreed to be paid by Lessee, Lessee agrees to pay any such deficiency. Lessee further agrees to save City harmless from any loss or damage or claim arising out of the action of City in pursuance of this paragraph. Lessee hereby waives the provisions of Civil Code Section 1954. 31. SURRENDER OF PREMISES Lessee covenants and agrees'that at the expiration of this lease, or upon its earlier termination, it will quit and surrender said premises with all the improvements thereon in as good state and condition as the same were when possession thereof was given to Lessee, reasonable wear and tear excepted, and Lessee agrees, unless otherwise permitted in writing by City, to remove all personal property belong to Lessee. Upon such termination, City shall have the right to enter upon and take possession of all of the said premises. 32. INSPECTION OF PREMISES City or its duly authorized representatives or agents may enter upon said premises at any and all reasonable times during the term of this lease for the purpose of determining whether or not Lessee is complying with the terms and conditions hereof or for any other purpose incidental to rights of City. 33