FIRST AMERICAN TRUST 1-1987 - Laserfiche WebLink

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LEASE THIS LEASE made an~ entere~ into this ~7~day 1987 by an~ between S.T.C. Corporation, 1026 RAver Lane, California, 92706, hereinafter referre~ to as "Lessor"= SANTA ANA, a Municipal corporation, "Lessee": IT 1. IS AGREED BETWEEN the parties hereto as follows: DESCRIPTI.ON OF PREMISES: The Lessor hereby leases to conditions 1415/1417 in the City of Santa Ana, County of Orange, State be for five (5) 1992. Lessee, and Lessee hires from Lessor, on the terms and hereafter set forth, those certain premises located at South Broadway, of California. 2. TERM: The term of the within lease shall years commencing May 1, 1987 and ending April 30, 3. BASE RENT: Lessee shall pay to Lessor as rent for the premises, monthly payment of $2,355,00, in advance, on the 1st day of each month of the term hereof, Lessee shall pay Lessor upon execution hereof $2,355.00, as rent for the month of May, 1987. 4. RENT INCREASE: Commencing on the let anniversay of this lease, May 1, 1988 and each anniversay date thereafter, the rental rate per month shall be increased upward according to the changes in the consumer price index (1967=100) Los Angeles/Long Beach/ Anaheim - all Urban Consumers' published by the Bureau of Labor statistics, U.S. Department of Labor then by the successor or most nearly thereto as agreed by the parties.) (or if there is no such index, comparable successor index 'The monthly Base Rent payable pursuant to paragraph 3 shall calculated as follows: the Base Rent payable for the first be month of the term of this Lease, as set forth in paragraph 3 of this Lease, shall be multiplied by a fraction the numerator of which shall be the C.P.I. of the calendar month during which the adjustment is to take effect, and the denominator of which shall be the C.P.I. for the calendar month in which the original Lease term commences. The sum so calculated shall constitute the new monthly Base Rent hereunder, but, in no event, shall such new Exhibit A 60D