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RIVER VIEW GOLF COMPANY - LEASE 1961
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RIVER VIEW GOLF COMPANY - LEASE 1961
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Last modified
10/21/2013 11:26:51 AM
Creation date
2/9/2010 1:10:47 PM
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Contracts
Company Name
RIVER VIEW GOLF (NOVEL JAMES)
Contract #
A-1961
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~ ~ <br />In event lessor has not obtained title, or use of said <br />property and delivered possession of the same to lessee within said <br />one year period the rental percentages in said paragraph 4, B and C, <br />shall become two percent (2%) and three percent (3;%), respectively, and <br />shall not be again increased to three percent (3!0) and four percent (4%), <br />respectively, until lessor has obtained and made available to lessee <br />approximately that real property herein referred to for addition to the <br />leased property. Lessor shall have no obligation to obtain or make <br />available to lessee any land other than that let hereby. <br />F. Said amounts of rent herein provided for shall be due as <br />follows: the first payment shall be due upon the first day of January, <br />1963 and shall be the rent for the period beginning August 21st, 1962, <br />th rough December 31st, 1952, and rent thereafter shall become due <br />quarterly on the first day of April, the first day of July, the first <br />day of October and the first day of January. of each and every year <br />thereafter, all payments excepting the first and last payments to be <br />upon a calendar quarterly basis and to be paid in lawful money of the <br />United States of America or by checl~ or draft to the order of "CITY OF <br />SAI7TA ANA" and mailed or delivered to lessor's Director of Finance at <br />the City Hall, Third and P~Zain Streets, Santa Ana, California, on or <br />before the 15th day of the month following the due date of said payment. <br />G. Lessor shall have the right at all reasonable times to <br />inspect lessee's boo7cs and records .pertaining to lessee's operations <br />on the leased property. Between the first and fifteenth of July of <br />each year during the term of this lease, commencing in 1962, lessee, <br />at his own cost, shall furnish to lessor a complete audit by a <br />certified public accountant of lesses's operations. <br />5. NO VvTARRANTY OF 'TITLE: It is agreed that lessor does not <br />warrant its title to the property herein described and will not warrant <br />its title to any other or furt;ler property acquired by lessor and added <br />to property covered by this lease. Parties izereto agree that there are <br />uncertainties regarding the nature of title now held by lessor, and the <br />-4- <br />
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