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Home My WebLink AboutPermit Miscellaneous 1982-2-28 . . it" / , J(~ ~ c' ,I ~a."'-J 2 . . . " .J > ~ < ~ ~ x ~ ~ go la.;t Ill;! 4S :s t Ol Z...III% o 0( ~ g VI 1II " tII Z )0,.. a:: X ~ I 0 O. . ""'lOa ~ ci S ~ ~ Z 0, < ~ III m , ~ . " . X z . , . z . < ~ . " " C/7Y Fe;; R:. 3 S lfD [0/' Y r-:--r- L: t=. G'l.-kw~~ GROUND LEASE THIS LEASE AGREEMENT is made and entered into on this :2ffi/h day of February, 1982, by and between Clades F. larson, hereinafter referred to as Lessor, and Pacific 6 Motor Inn, an Oregon corporation, hereinafter referred to as Lessee. I. The Lessor leases to Lessee on all the terms and conditions herein- after set forth that 'portion of Tax Lot 100 of Section 22, 'l'cMnship 17 South, Range 3, \\est of the Willamette ~ridian in lane County, Oregon, described as follows: Beginning at a point 265 feet from the Northwest corner of Tax Lot 200 on Gateway Ibad; thence east 10 feet more or less to the west ,line of the Southern Pacific Rail Ibad Right of Way;' thence northHesterly along the west- erly line of said Southern Pacific Rail Road Right of ,Way to the intersection with the east line of Gateway Road and thence southerly along the east side of Gateway lbad to the point of beginning, in lane County, Oregon. II. The Lessee shali use the property so leased for the construction, use and rraintenance of a sign thereon, which will be approximately 15 feet in height, 5 feet by 8 feet in size, ar,,]' shall be lighted and shall display "Budget t>btel" (\~ith arrow). Lessee shall Obtain all required permits for the construction and maintenance of such sign on the premises involved from the proper authorities and shall maintain said sign in accordance with all laws, rules and regulations appertaining. The premises so leased shall be used for no other purposes without first having obtained ",'ooc', p'mi"i7Jr Page 1 - GROUND LEASE .;.... ! .'. ;; ; ,; . " ~ > '" < ~ ~ r 0 u ~_ '" . 0 Il.. 3: m ;! ctI j Iii a Z.. ... Z o .( :l: 0 U) III rt 3 z )- r- II: r ~ I 0 o. . ., 0 0 ~ . ~ z w a 0( - u zoo < ~ w .. 0 '" . " . r z . o . x . < ~ " N N . . therefor in writing. Lessor shall have the right to improve and use that portion of the leased premises not used, needed and occupied by Lessee's sign so long ,as such use and improvements by Lessor do not interfer with Lessee's free use and right to repair and maintain the sign for its intended purposes. III. The term of the Lease shall be for a period of ten years w..."cncing on the 1st day of April, 1982. For and in consideration of this Lease, Lessee is hereby granted the option to renew this Lease on all its terms and conditions for two additional consecutive terms of ten years each, provided and conditioned that' Lessee, in the exercise of the option to ren~w, must give Lessor notice thereof within one month prior to the end of each ten-year Lease period. IV. Lessee shall pay Lessor as rent the sum of $350.00 per year, payable $350.00 upon the execution of this Lease and $350.00 per year thereafter, payable in advance on the 1st day of April of each year during the Lease term or during the extension or extensions thereof, provided, however, that such annual rental payments shall be adjusted every five years during the Lease term ev..."cucing April 1, 1987, such adjustment of rent shall be based upon the Consumers Price Index. v. Notwithstanding any other provisions of this Lease, the Lessor is granted the right to cancel this Lease upon giving Lessee 30-days previous '-... ;,~. , , ". ','; " notlce In wrltlng ,and ,by. paying ~ssee in cash the value of the sign and erection thereof on the following basis: The value of this sign is estab- lished at $2,200.00. , If the Lease is cancelled during the first year Page 2 - GROUND LEASE .'. ,.. " ..' " . ",;;. .:( :,,'~"~ , ....' '~'.." ./ .J > w < ~ ~ x ~ ~ go Ii. ~ D ~ I It! j Iii III Z I- III Z 0<( ): 0 II) III .... ~ Z )0 '" II: X ~ I 0 O. ' .., 0 U ~ . ~ Z III I ~ <( ii g 0( :! III m , ~ . ~ w X z . , ~~, . . '. '. , . lease, the sum of $2,200.00 shall be paid to Lessor, aryd for each year there- after, the sum to be paid shall be reduced by $200.00 per year comencing . . with the seoond year of the Lease term. VI. Lessee shall rot suffer or permit any Mechanic's Lien to attach to the premises and shall not corrrnit or suffer to be ccmnitted any waste or any nuisance of the demised premises. VII. Lessor shall not be liable for any loss, injury, debt or damages to persons or "'.V!"=. ,-j which at any time may be suffered or sustained by Lessee or any 'of its servants or agents. And Lessee shall indemnify Lessor against all claims, liability, loss or damages resulting from Lessee, his servants or agents' negligence in the use of the premises. VIII. Lessor shall pay all real property taxes and assessments levied " against the land, and Lessee shall pay any and all taxes leavied upon the sign which is to be oonstructed upon the premises. '!he sign so constructed shall remain the personal property of the Lessee and shall not becane a part of the real ",.v!,,=rty. Upon the termination 'of this Lease and any and all extensions thereof', the Lessee shall rerrove the sign and leave the premises " in substantially the same oondition as at the inception of the Lease. It shall be the obligation of the Lessee to maintain the ground at the site of the sign in an acceptable condition so as to oomply with any laws, rules and regulations appii~able. Lessee the use of the sign; shall pay all electrical bills accruing i~~V- , rfJJl/ / / / / Page 3 - GRemiO LEASE . ~ 1 : '. : '. " ". ,_.1' ,,:." ...... ~ .'\ ,. (. ~.._ f , .' '. -' > '" < I- ~ '" Q U ~_ '" "0 I&. ~ 1\1 ;!. 41 ~ ~ Q Z I- III % o 0( 3: 0 tIl ~ {If ~ Z > ,.. a: '" ~ I 0 0" . -, 0 '" ~ . I: :z: w C 0( - '" Z Q, 0( :!w " , '" . :> . '" . " , . X . ~ n N N . . . IX. Lessee may assign this Lease or sublet the premises without Leasor' s consent. But the making of any such assignment or sublease shall not release Lessee fran or otherwise affect in any manner any of Lessee's obligations hereunder. X. In the event of any breach of this Lease by Lessee, Lessor, in add i- tion to any legal ~<""cJJ as for breach of contract, shall have the right of re-entry and the right to reIrOve the sign fran the' premises. Provided and conditioned that Lessee shall not be in default in the performanCe of any , " terms of this Lease unless the Lessor has given Lessee, in writing, specific notice of any breach, and Lessee not having reIrOved such breach or default within 20 days after receipt of such notice specifing the default. XI. In the event of any litigation inivolving this Lease or any of its terrrs, the prevailing party to such litigation shall be entitled to reason- able attorney's fees on trial or on appeal. <; . .. . n It! Wl'INESS WHEREOF, we, the undersigned, have set our hands and seals on the date first herein'mentioned. LESSOR: LESSEE: :] ~i~~C~ ~ Jit~, ~ If it is determined that the railroad right of way belongs to the then sign will be moved to the north boundary at lessee expense. property~ _ Page 4 - GROUND LEASE .i i ,. ':', I <; ;; N . " -' > ... < t- ~ r 0 u ~_ ... . 0 LI. 3: Ill;! (l j :; .. z I- 11.1 :z: o <( ~ 0 1Il III N ~ Z )- ,.. It: r ~ I 0 O. . , 0 . . ~ ~ ~ g <.0 g 0( ~ III m 0 ~ . o . r z . o . z . < ~ . " " . . , , STATE OF OREG::JN ss. County of Lane Subscribed and sworn to before me this It? by Charles F. Larson. . . ~~ day of Fcbrliary, 1982, ;) <f':L/'~ ~ I .r-v-zf"' /NqI'ARY PUBLIC FDr-6PE~. I/~-? r1y Comission E~es: /0. 3/ -%3 v .- , Subscribed and sworn to before me this 10 by G. King Gillette for Pacific 6 Motor, Inn. '-fY~ . -hL day of 'r.:.~;, 1982, A~~~,,~_ ,( ~~ / ARY PUBLIC 'C(, . M Corrrnission pires: /tJ - '3/-.?3 Page 5 - GroUND LEASE .;; :,~.~; :':;/"::' . . ... '.0. '