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2019/03/07 New Hub Properties, LLC Amendment 4 - Commercial LeaseAMENDMENT NO.4 TO COMMERCIAL LEASE BETWEEN NEW HUB PROPERTIES, LLC AND THE CITY OF MENIFEE FOR GOOD CONSIDERATION, this Lease agreement by and between New Hub Properties (Landlord) and CITY OF MENIFEE (Tenant) dated October lst, 2008 hereby modify and amend said Lease in the following particulars: l. DEFAULT. In the event of any breach of this Lease by Landlord, Tenant shall notify Landlord in writing ofsuch breach, and Landlord shall have three (3) days in which to cure any such breach. lf Landlord shall fail to cure such breach or default within such time limit, then Tenant, besides other rights or remedies Tenant may have, subject to the provisions oflaw applicable to public agencies, shall have the immediate right to terminate the Lease. ln the event ofany breach of this Lease by Tenant, Landlord shall notify Tenant in writing ofsuch breach, and Tenant shall have seven (7) days in which to cure any such breach as to payments ofrent or other sums due hereunder, and thirty (30) days to cure any other breach, and ifTenant shall fail to cure such breach or default within such time limit, then Landlord, besides other rights or remedies Landlord may have subject to the provisions oflay applicable to public agencies, shall have the immediate right to: 2. LANDLORD PAYING CLAIMS. Should Tenant fail to pay and discharge, when due and payable, any tax or assessment, or any premium or other charge in connection with any insurance policy or policies which Tenant is obligated to pay, or any lien out of the repair, alteration, maintenance and use of the demised premises, as provided for in this Lease, after ten (10) days written notice from Landlord, then Landlord may, at its option and without waiving or releasing Tenant from any of Tenant's obligations hereunder, pay any such tax, assessment, lien, claim, insurance premium or charge, or settle or discharge any action therefore or satisfy any judgment thereon. All costs, expenses and other sums incurred or paid by Landlord in connection therewith, together with interest at the maximum rate permitted by law per annum on such costs expenses and sums from the date incurred or paid by Landlord, shall be deemed to be additional rent hereunder and shall be paid by Tenant with and at the same time as the next installment of rent hereunder, and any default therein shall constitute a breach ofthe covenants and conditions of this Lease. Should Landlord fail to pay and discharge, when due and payable, any tax or assessment, or any premium or other charge in connection with any insurance policy or policies which Tenant is obligated to pay, or any lien out of the repair, alteration, maintenance and use ofthe demised premises, as provided for in this Lease, after ten (10) days written notice from Landlord, then Landlord may, at its option and without waiving or releasing Tenant fiom any of Tenant's obligations hereunder, pay any such tax, assessment, lien, claim, insurance premium or charge, or settle or discharge any action therefore or satisfy anyjudgment thereon. All costs, expenses and other sums incurred or paid by Landlord in connection therewith, together with interest at the maximum rate permitted by law per annum on such costs expenses and sums from the date incurred or paid by Landlord, shall be AMENDMENT NO.4 TO COMMERCIAL LEASE BETWEEN NEW HUB PROPERTIES, LLC AND THE CITY OF MENIFEE deemed to be additional rent hereunder and shall be paid by Tenant with and at the same time as the next installment of rent hereunder, and any default therein shall constitute a breach of the covenants and conditions of this Lease. 4. EXAMINATION OF LEASE. Submission of this instrument for examination or execution by Tenant does not constitute a reservation ofor an option for Lease, and it is not effective as a Lease or otherwise until execution and delivery by both Landlord and Tenant. 5. All other terms and conditions of the Lease shall apply to this Amendment. Signed under this a71/day of Nnz<4 20 /7 CITY OF MENIFEE LAND RD W./-t r\ Armando G. Vi a City Manager A Manwari ity Clerk L Gibson Ronald J Aonroved as to Form:'U"'Z-*- i effr{y Tffi elching, @ Attomey 4 I \