Lease of Parking Lot.
Lease made _________, 20__, between _________ of _________, lessor, and _________ of _________, lessee. 1. Lessor leases to lessee all that lot or parcel of ground in the county of _________, state of _________, more particularly described as follows: _________. 2. For a term commencing on _________, 20__, and terminating at 11:55 p.m., on _________, 20__, for the purpose of a parking lot and for no other purpose. 3. In consideration of the payment by lessee to lessor of $_____ dollars and, in addition, _____% of the gross revenue each month from operation of the premises as a parking lot, as rent for the demised premises. That $_____ shall be payable $_____ at once and $_____ on the _________ day of each month (excluding the present month); and _____% of the gross revenue each month shall be payable on the _________ day of the next following month. All payments under this lease shall be made by lessee to lessor at _________ or by bank check to the order of lessor mailed to lessor at _________. All payments shall be payable as above without notice or demand from lessor to lessee. 4. Lessee, in consideration of the lease of the demised premises and of the agreements of lessor contained in this lease, agrees to lease the premises from lessor, operate them continuously as a parking lot and make the above payments to lessor. 5. It is agreed, in consideration of the reciprocal agreements of the parties contained in it, that this lease shall be upon the following terms and conditions: 6. Lessee shall be entitled to _________ successive renewals of this lease, each such renewal to be for a term of 1 year and to be subject to the terms and conditions of this lease, provided that written notice of the renewal is given by lessee to lessor in person on or before the _________ day of the preceding _________ or by mail addressed to lessor at _________ and mailed on or before the _________ day of the preceding _________. 7. This lease shall not be assigned in whole or in part, nor shall the premises or any part of them be sublet, nor shall any rights or privileges granted lessee be sold, transferred or assigned, without the consent of lessor in writing first obtained, and any such sale, transfer or assignment, whether voluntary or involuntary, shall be void and terminate this lease at the option of lessor. 8. Lessee shall construct and have the right to construct, at his or her own expense according to plans and specifications attached to and incorporated and made part of this lease as though fully set forth at this place, surfacing of the premises and driveways, parking stalls, fences and a service building on the premises.
9. On termination of this lease all surfacing of the premises, fences, and the service building shall become the property of lessor absolutely and free from claim, lien or incumbrance, and lessee agrees to indemnify lessor against, and save him or her harmless from, any such claim, lien or incumbrance. 10. Lessee shall maintain the premises in clean condition and good order, and not permit any nuisance or waste on it. 11. Lessee shall operate and have an attendant on duty on the premises every day, except Sunday, between the hours of _________ a.m., and _________ p.m. 12. Lessee shall have no authority to employ any person as agent or employee for or on behalf of lessor for any purpose, and neither lessee nor any other person performing any duties or engaging in any work at the request of lessee upon the demised premises shall be deemed to be an employee or agent of lessor. 13. Lessee shall have the right to enter into contracts with stores and other business establishments in regard to parking for their customers upon such terms and conditions as lessee in his or her sound business discretion sees fit, but gross revenue resulting from such contracts and all other gross revenue accruing to lessee from the premises shall be deemed gross revenue from parking within the meaning of this lease, and _________ percent of all such revenue each month shall be due and payable by lessee to lessor as rent under this lease. 14. Lessee shall maintain accurate records of gross revenue from parking on the premises, and shall allow lessor or any representative of lessor authorized by lessor in person or in writing, at any time during business hours, to go upon the premises and have access to and examine lessee's records of gross revenue from parking on the premises. 15. Lessor shall pay all real estate taxes and special assessments on the demised premises other than on improvements placed on them by lessee, and lessee shall pay all real estate taxes and special assessments on such improvements [or apportioned to such improvements by agreement of the parties or, in event of disagreement, by arbitration in the following mode: _________]. Lessee shall also pay all taxes on personal property on the premises and all taxes and licenses upon, growing out of or in connection with the business of parking on the premises, whether or not measured by gross revenue from such business, provided that the foregoing provisions are not to be construed as meaning that lessee shall pay federal or state taxes on income accruing to lessor under this lease. Each party agrees to indemnify the other against, and save him or her harmless from, any liability for taxes or assessments in regard to which the other, under the terms of this agreement, is not liable. 16. Lessor shall not be liable for any personal injury, death or property damage sustained by lessee, any employee or agent of lessee or other person on the premises or as a result of, or in connection with, their operation as a parking lot, and lessee shall indemnify lessor against, and save lessor harmless from, any such liability or claim of
such liability, where the injury or damage occurs during the term of this lease or as a consequence of an occurrence during the term of this lease. 17. If lessee defaults in the performance or observance of any of the covenants or conditions of this lease or enters bankruptcy or insolvency proceedings (voluntary or involuntary) or makes an assignment for the benefit of creditors, or if lessee's interest in and under this lease becomes vested, by operation of law or otherwise, in any other person, firm or corporation or in event of lessee's death, or in event of abandonment of the premises by lessee, lessor may, at his or her option and without notice, terminate this lease and reenter and possess the premises, without prejudice to any other rights or remedies under this lease or by law. At any termination of this lease, lessee shall peaceably surrender possession of the premises to lessor. 18. This lease shall bind the heirs, etc. 19. In witness, etc.