Yelm - Signed copyFIREWORKS TENT LEASE AGREEMENT
THIS LEASE AGREEMENT ("Lease Agreement"), made this 2day of
2024, between Yelm Plaza LLC, hereinafter designated the "Land Owner" and Seven
One Seven Ind. LLC., a Washington limited liability corporation, hereinafter designated
the "Lessee."
WITNESSES: That the said Land Owner does by these presents lease to Lessee the following:
1 PREMISES: 906 Algiers Drive North West, (906 Yelm Ave East)
As per the diagram marked Exhibit "A".
2. TERM:
3. RENT:
June 1 5 d to July 15 th for the year of 2025
Four Thousand Five Hundred dollars ($4,500.00) due June 150, of
corresponding year. If a fireworks ban is implemented or failure to
obtain permit or license, which restricts Lessee from obtaining necessary
permits, the rent will refunded in full to Lessee. Seven One Seven hid.
LLC. reserves the first right of refusal should terms and conditions as set
forth above change prior to January Pt of the renewal year.
4. SECURITY AND DAMAGE DEPOSIT: Waived.
5.SUBLET: Lessee shall not assign this Lease Agreement or any part hereof without
the prior written consent of Land Owner.
6. LESSEE'S OBLIGATIONS: Lessee shall:
(a) Assume full liability for any and all claims, damages or causes of
action arising during the term of this Lease Agreement caused by Lessee,
it's agents, contractors, sub-contractors, guests and invitees, and hold
Land Owner harmless there from.
(b) Provide Land Owner with evidence of liability insurance effective
for the Term in an amount of not less the one million dollars
($1,000,000.00) with a rider listing Land Owner as an additional insured.
Lessee will provide documentation to Land Owner showing the
insurance coverage is active prior to the commencement of any use of the
Premises for the term of the Lease.
(c) Properly dispose of all rubbish, garbage and waste generated by
Lessee, its agents, contractors, sub-contractors, guests and invitees, in a
clean and sanitary manner.
(d) Not restrict the flow of traffic (pedestrian / vehicular).
(e) Comply with any and all laws, rules, regulations and requirements
imposed upon it by any governmental agency governing the Lessee's
proposed use of the Premises and post any required performance bonds
with the local government.. Any permits or licenses required of the
LEASE AGREEMENT -PAGE 1
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