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Lease Agreement - 2024 - 665 Chapman St, Edwardsville, IL 62025.pdf

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Description

Meyer Property Group 40A Edwardsville Professional Park • Edwardsville, IL 62025 (618) 656-1824 1. Lessor, Lessee, Term 1.1 LESSOR & LESSEE This is intended to be a legal and binding real estate contract. Lofty Holding 665 Chapman Street LLC ,hereinafter jointly and severally referred to as "LESSOR". hereinafter jointly and severally referred to as "LESSEE". 1.2 LEASE OF PREMISES/TERM In consideration of the rental below specified, and of the covenants hereinafter stipulated, the LESSOR hereby l

Extracted Content

Meyer Property Group 40A Edwardsville Professional Park • Edwardsville, IL 62025 (618) 656-1824 1. Lessor, Lessee, Term 1.1 LESSOR & LESSEE This is intended to be a legal and binding real estate contract. Lofty Holding 665 Chapman Street LLC ,hereinafter jointly and severally referred to as "LESSOR". hereinafter jointly and severally referred to as "LESSEE". 1.2 LEASE OF PREMISES/TERM In consideration of the rental below specified, and of the covenants hereinafter stipulated, the LESSOR hereby leases to LESSEE, and LESSEE hereby leases from LESSOR, upon and subject to the terms and provisions hereof, 665 Chapman Street Edwardsville, IL 62002 (hereinafter, the “premises”), to have and to hold the premises unto LESSEE for the TERM COMMENCING: 08/01/2024 and, TERM ENDING: 07/31/2025 . It is expressly understood and agreed, however, that LESSOR shall not be liable to LESSEE for any failure or delay in delivery of possession of the premises to LESSEE for any reason. LESSEE shall promptly vacate the premises at the expiration of the above stated term hereof, and no holding over by LESSEE after such expiration shall constitute an extension of this lease; nevertheless, LESSEE shall, for an