10-22-2001 Council Packet - Laserfiche WebLink

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unforeseeable, and of ever}’ kind and nature whatsoever that may be necessar}’ in or about die operation of the Improvements shall be the responsibility of Tenant. 3.3 Manner of Payment . Rent payable to Landlord shall K* paid t»> Landlord in immediately available funds of the United States of America at the office of Landlord set out in Section 9.1 or at such place and to such party as Landlord may from lime to time designate. Except as othersvisc provided. Rent that has accrued prior to the expiration or earlier termination of this Lease shall be absolutely net to Landlord throughout the Term without offset or deduction. Tenant's obligation to pay Rent that has accrued prior to the expiration or earlier termination of this Lease shall sur> ive the expiration or earlier termination of this Lease. ARTICLE 4 TENANT S COVENANTS 4.1 Tenant's Equipment. All Tenant ’s Equipment shall be the property of Tenant, Tenant ’s tenants or any lessor of such equipment. Landlord shall have no interest in Tenant's Equipment. Landlord shall not be responsible for any loss or damage to Tenant's Equipment except to the extent caused by Landlord ’s wrongful act or negligence. 4.2 Maintenance . Tenant shall at Tenant's expense maintain the Improvements and. to the extent imposed by law- on adjacent property owners, the adjacent sidewalks and curbs in good order and condition, ordinarx- wear excepted, and in compliance with legal requirements. 4.3 Repairs . Tenant shall make all necessarx’ or appropriate capital and operating repairs and replacements and renewals to the Improvements, interior and exterior, structural and non-structural. ordinarx' and extraurdinarx', and foreseen and unforeseen sufficient for proper operation thereof using materials of goixl quality. The need for or appropriateness of such repairs, replacements and renew als and the quality of the materials used in accomplishing the same shall be in accordance with the reo.sonable standards of prudent operators of similar facilities. 4.4 Nondiscrimination: Restrictions on Use. Tenant covenants that during the Term, (i) it shall permit the Development to be usei only for residential rental housing and may rent units in the Development only to persons who are 62 xears of age or older, and (ii) (the “Senior Housing Restriction"). In addition, the Developer shall to the extent permitted by law give preference in the rental of units to persons who are residents or fonner residents of the City, persons who have a child who is a resident of the City and persons who have at any time been full time employees of the City or an agency or department of the City (the “Orono Preference Requirement"). The Senior 1 lousing Restriction shall apply to all units. The Orono Preference