EXHIBIT 10.25
COMMERCIAL LEASE - RENEWAL
This lease is made between Xxxxxx X. Xxxxxx
0000 Xxxxxxxxx Xxxx.
Xxxxxxxxx, XX 00000
herein called Lessor and Xxxxxxxx Industries, Inc.
000 Xxxx 0xx Xxxxxx
Xxxxxxxxx, XX 00000
herein called Lessee.
Lessee hereby offers to lease from Lessor the premises situated at 0000
Xxxxxxxxx Xxxx., Xxxxxxxxx, XX 00000, upon the following terms and conditions:
Lessee will lease the premises for a term of eight (8) months, commencing May 1,
1997 and terminating December 31, 1997 for monthly rental of $4,000.00 payable
by the tenth day of each month for that month's rental, during the term of this
Lease.
A security bond of $8,000.00 paid in advance for the predecessor lease on these
same premises is acknowledged by the Lessor.
The Lessee shall be responsible for damages to building or fixtures caused by
Lessee. Lessee shall be responsible for normal light bulb replacement and
plumbing repairs necessary as a result of negligence. Lessee shall replace any
light or plumbing fixtures damaged as a result of negligence. Lessor will
replace or repair light and plumbing fixtures as necessary other than damaged by
negligence.
Lessee shall be responsible for all utility and water bills.
Lessee shall be responsible for maintaining the alarm system. Lessor will answer
alarm calls.
Lessee will be responsible for all content insurance. Lessor will carry fire
insurance on the building.
Lessor will maintain the yard.
SIGNED THIS 14TH DAY OF MAY, 1997.
By:/s/ Xxxxx Xxxxx, VP-Finance By:/s/ Xxxxxx X. Porter_________
Lessee Lessor
