Standard Lease Addendum No. 2 to Lease By and Between (Lessor): Green Bridge Capital Partners IV, LLC. Lessee: Ethos Environmental, Inc. a Nevada corporation
Standard
Lease Addendum No. 2
to
Lease
By
and
Between (Lessor): Green
Bridge Capital Partners IV, LLC.
Lessee:
Ethos
Environmental, Inc. a Nevada corporation
|
Address
of Premises:
|
0000 Xxxxxxx Xxxx Xxxxx, Xxxxx 0, 2, 3, & 4 |
| Xxx Xxxxx, Xxxxxxxxxx 00000 |
Paragraph
52. Maintenance, Repairs and Utility Installations
Paragraph
7.1 of the Lease is modified by inserting the following language at the end
of
sub-paragraph (a) of the paragraph numbered 7.1:
Lessor
acknowledges that certain equipment or facilities at the Leased premises,
including, without limitation, certain facilities and structures not installed
by Lessee, such as building plumbing, HVAC equipment, electrical, lighting
facilities, fire protection system(s), exterior walls, foundations, roofs,
roof
coverings, roof penetrations, roof drainage systems, landscaping, driveways,
parking lots, fences, retaining walls, sidewalks, parkways located adjacent
to
the Leased Premises, Utility Installations no matter where located, the
landscaping irrigation systems, and the structural and exterior of the building
and its walls where the leased premises is located are owned by the Gateway
Park
Owner’s Association (“Owner’s Association”). The Lessor and Lessee each
acknowledge that under the Covenants, Conditions & Restrictions
(“CC&Rs”) to which this Lease is subject, only an Owner has legal standing
to assert rights to compel the Owner’s Association to make repairs and
replacements to the structural components of the building, Utility
Installations, the roof and exterior portions of the building that may be
covered by the language of this paragraph 7.1 and paragraph 7.1 (a) and
paragraph 7.1(b), below. Lessor and Lessee covenant and agree to cooperate
and
to consult with each other regarding the obligations set forth in Paragraph
7.1
of the Lease, and if necessary, Lessor shall initiate action to compel the
Owner’s Association to perform its maintenance obligations under the CC&Rs,
provided, however, Lessor may designate Lessee as a representative for the
limited purpose of compelling the Owner’s Association to perform its obligations
under the CC&Rs to keep the Premises, Utility Installations and Alterations
in good order, condition and repair as required by Paragraphs 7.1 (a) and (b)
of
this Lease to keep all of the items listed in this paragraph in good order,
condition and repair.
