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Iowa Commercial Lease Agreement

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Iowa Commercial Lease Agreement Page 3
Iowa Commercial Lease Agreement
C. In the event Tenant has not remedied a default in a timely manner following a Notice of Default, Landlord may proceed with all
available remedies at law or in equity, including but not limited to the following: (1) Termination. Landlord may declare this lease to be terminated
and shall give Tenant a written notice of such termination. In the event of termination of this lease, Landlord shall be entitled to prove claim for and
obtain judgment against Tenant for the balance of the rent agreed to be paid for the term herein provided, plus all expenses of Landlord in regaining
possession of the premises and the reletting thereof, including attorney’s fees and court costs, crediting against such claim, however, any amount
obtained by reason of such reletting; (2) Forfeiture. If a default is not remedied in a timely manner, Landlord may then declare this lease to be
forfeited and shall give Tenant a written notice of such forfeiture, and may, at the time, give Tenant the notice to quit provided for in Chapter 64B of
the Code of Iowa.
15. SIGNS. Landlord, during the last ninety days of this lease, shall have the right to maintain on the
premises either or both a “For Rent” or “For Sale” sign. Tenant will permit prospective tenants or buyers to enter and examine the premises.
16. NOTICES AND DEMANDS. All notices shall be given to the parties hereto at the addresses designated unless either party notifies
the other, in writing, of a different address. Without prejudice to any other method of notifying a party in writing or making a demand or other
communication, such notice shall be considered given under the terms of this lease when it is deposited in the U.S. Mall, registered or certified,
properly addressed, return receipt requested, and postage prepaid.
17. PROVISIONS BINDING. Each and every covenant and agreement herein contained shall extend to and be binding upon the
respective successors, heirs, administrators, executors and assigns of the parties hereto.
Iowa Commercial Lease Agreement