10-22-2001 Council Packet - Laserfiche WebLink

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unforeseeable, and of cver>' kind and nature whatsoever that may be necessar> in or about Ute operation of the Improvements shall be the responsibility of Tenant. 3.3 Manner of Payment. Rent payable to I.andlord shall be paid to Landlord in immediately available funds of the United States of Ameriea a* the olllee of Landlord set out in Seelion 9.1 or at such place and to such party as Landlord m.i\ from time to lime designate. I:xcepl as olhenvisc provided. Rent ilial has accrued prior to the expiration or earlier termination of this Lease shall be absolutely net to Landlord throughout the Term without ofTset or deduction. Tenant ’s obligation to pay Rent that has accrued prior to the expiration or earlier termination of this Lease shall surv ive the expiration or earlier termination of this Lease. ARTICLE 4 TENANT S COVENANTS 4.1 Tenant's Equipment. All l enanfs Equipment shall be the properly of I'enant, 'fenant's tenants or any lessor of such equipment. Landlord shall have no interest in Tenant ’s Equipment. Landlord ; hall not be responsible for any loss or damage to Tenant ’s Equipment except to the extent caused by Landlord ’s u rongful act or negligence. 4.2 Mai* tenance . Tenant shall at Tenant ’s expense maintain the lmpri>vements and. to the extent impo.sed by law on adjacent property ovsners. the adjacent sidewalks and curbs in good order and condition, ordinary wear excepted, and in compliance with lega! requirements. 4.3 Repairs . Tenant shall make all neccssaiy or appropriate capital and operating repairs and replacements and renewals to the Improvements, interior and exterior, structural and non-struclural. ordinary- and extraordinary , and foreseen and unforeseen sufllcicnt for proper operation thereof using materials of gotnl 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 w ith the reatumable standards of prudent operators of similar facilities. 4.4 Nondiscrimination; Restrictions on Use. Tenant coxenants that during the Term, (i) it sliall permit the Development to be used only for residential rental housing and may rent units in the Development only to persons who are 62 years of age or older, and (ii) (the “Senior Housing Restriction ”). In addition, the DcNcloper sliall to the extent pennitled by law give preference in the rental of units to persi'ns who are residents or former residents of the City, persons w ho ha\e a child who is a resident of the City and persons w ho have at any lime been full lime emploxecs of the City or an agency or department of the City (the “Orono Preference Requirement”). Tlic Senior I lousing Restriction shall apply to all units. The Orono Preference