HomeMy WebLinkAbout20111925.tiff CLERK TO THE BOARD
_t PHONE (970) 336-7215, Ext. 4226
FAX: (970) 352-0242
►' l 1150 O STREET
P. O. BOX 758
' GREELEY, COLORADO 80632
C.
COLORADO
August 26, 2011
ALPINE OF ERIE LLC
P O BOX 728
NIWOT, CO 80544
RE: THE BOARD OF EQUALIZATION, 2011, WELD COUNTY, COLORADO - STIPULATE
PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE
DESCRIPTION OF PROPERTY:ACCOUNT#: R5762386 PARCEL#: 1 4671 8314016-ERI 24420
L15-16 BLK14
Dear Petitioner:
On July 26, 2011,the Board of County Commissioners of Weld County,Colorado, convened,
and acting as the Board of Equalization, pursuant to Section 39-8-101, C.R.S., et.seq., considered
the Stipulation on your petition of appeal of the County Assessor's valuation of your property
described above, for the year 2011.
The Stipulation was entered into between the Assessor and said petitioner(s), and accepted
by the Board of Equalization, agreeing that the assessment and valuation of the Weld County
Assessor be Stipulated as follows:
ACTUAL VALUE AS ACTUAL VALUE
DETERMINED BY AS STIPULATED
ASSESSOR
$527,040 $425,000
•
AZ-7-a/ kr) SMA7O// 2011-1925
AS0079
ALPINE OF ERIE LLC - R5762386
Page 2
If you have questions or need additional information, please do not hesitate to contact me at
(970) 336-7215, Extension 4226.
Very truly yours,
Esther E. Gesick
Deputy Clerk to the Board
cc: Christopher Woodruff, Assessor
1ST NET REAL ESTATE SERVICES INC
3333 S WADSWORTH BLVD SUITE 200
LAKEWOOD, CO 80227
2011-1925
AS0079
2011
COUNTY BOARD OF EQUALIZATION
WELD COUNTY
ASSESSOR'S ACCOUNT NUMBER R5762386
STIPULATION (As To Tax Year 2011 Actual Value)
RE PETITION OF :
NAME: Alpine of Erie LLC
ADDRESS: 470 Briggs St.
Erie, CO 80516
*
Petitioner(s),Alpine of Erie LLC and the Weld County Assessor, hereby enter into
this Stipulation regarding the tax year 2011 valuation of the subject property, and jointly
move that the Board of Equalization to enter its order based on this Stipulation.
Petitioner(s) and the Assessor agree and stipulate as follows:
1. The property subject to this Stipulation is described as:
ERI 24420 L15-16 BLK14
2. The subject property is classified as Commercial
property.
3. The County Assessor originally assigned the following actual value to the subject
property for tax year 2011.
Land $ 53,625
Improvements$ 687,500
Total $ 741,125
4. After further review and negotiation, the petitioner(s) and Weld County Assessor
agree to the following actual value for the subject property.
Land $ 53,625
Improvements$ 371,375
Total $ 425.000
2011-1925
5. The valuations, as established above, shall be binding only with respect to tax
year 2011.
6. Brief narrative as to why the reduction was made: Value was adjusted based
upon the general market prices per sq. ft. that were in place in the base period,
additionally the income was considered as backup for the market.
7. Both parties agree that the hearing scheduled before the Weld County Board of
Equalization on n/a at n/a be vacated; or, a hearing has not yet been
scheduled before the Board of Equalization x (check if appropriate).
DATED this 141h day of July, 2011.
-'lzA _
etitioner(s) or Attorn Petitioner(s) or Attorney
Address: Address:
ALIA,As ret et
„_rvrd CIA %t 2.Z7
Telephone: 7,261- 962-S710 Telephone:
Nay
County A slf or
Address:
1400 N.17th Avenue
Greeley, CO 80631
(970) 353-3845 ext. 3656
NOTICE OF DETERMINATION
Christopher M. Woodruff Date of Notice: 6/22/2011
Weld County Assessor Telephone: (970) 353-3845 or (720) 652-4255
1400 N 17th Ave Fax: (970) 304-6433
Greeley, CO 80631 E-mail: appeals@co.weld.co.us
www.co.weld.co.us Office Hours: 8:00 AM - 5:00 PM
SCHEDULE/ACCOUNT NO. TAX YEAR TAX AREA LEGAL DESCRIPTION/
PHYSICAL LOCATION
R5762386 2011 1333 ER124420 L15-16 BLK14
470 BRIGGS ST, ERIE
CC
z ALPINE OF ERIE LLC
O P O BOX 728
y NIWOT,CO 80544
cc
cc
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ASSESSOR'S VALUATION
PROPERTY CLASSIFICATION ACTUAL VALUE PRIOR TO ACTUAL VALUE AFTER
REVIEW REVIEW
COMMERCIAL 741,125 527,040
TOTAL $741,125 $527,040
The Assessor has carefully studied all available information, giving particular attention to the
specifics included on your protest. The Assessor's determination of value after review is based
on the following:
CM03 -After review of your property, we have made adjustments. This was done because of
additional information obtained, or provided thru the appeal process.
If you disagree with the Assessor's decision, you have the right to appeal to the County
Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S.
The deadline for filing real property appeals is July 15.
The deadline for filing personal property appeals is July 20.
The Assessor establishes property values. The local taxing authorities (county, school district,
city, fire protection, and other special districts) set mill levies. The mill levy requested by each
taxing authority is based on a projected budget and the property tax revenue required to
adequately fund the services it provides to its taxpayers. The local taxing authorities hold
budget hearings in the fall. If you are concerned about mill levies, we recommend that you
attend these budget hearings. Please refer to last year's tax bill or ask your Assessor for a
listing of the local taxing authorities.
Please refer to the reverse side of this notice for additional information. '
1ST NET REAL ESTATE SERVICES INC
3333 S WADSWORTH BLVD SUITE 200 '
LAKEWOOD CO 80227 ._
Li
)
G?
APPEAL PROCEDURES
County Board of Equalization Hearings will be held from July 1 through August 5
at 915 10th Street, Greeley, CO
To appeal the Assessor's decision, complete the Petition to the County Board of Equalization
shown below, and mail or deliver a copy of both sides of this form to:
Weld County Board of Equalization
915 10'h Street, P.O. Box 758
Greeley, CO 80632
Telephone (970) 356-4000 Ext, 4225
To preserve your appeal rights, your Petition to the County Board of Equalization must be
postmarked or delivered on or before July 15 for real property and on or before July 20 for
personal property— after such date, your right to appeal is lost. You may be required to prove
that you filed a timely appeal; therefore, we recommend that all correspondence be mailed with
proof of mailing.
You will be notified of the date and time scheduled for your hearing. The County Board of
Equalization must mail a written decision to you within five business days following the date of
the decision. The County Board of Equalization must conclude hearings and render decisions
by August 5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of
Equalization and you wish to continue your appeal, you must file an appeal with the Board of
Assessment Appeals by September 12, § 39-2-125(1)(e), C.R.S.
If you are dissatisfied with the County Board of Equalization's decision and you wish to continue
your appeal, you must appeal within 30 days of the date of the County Board's written decision
to ONE of the following:
Board of Assessment Appeals District Court
1313 Sherman Street, Room 315 9th Avenue and 9th Street
Denver, CO 80203 P.O. Box C
(303) 866-5880 Greeley, Colorado 80632
www.dola.colorado.gov/baa (970) 356-4000 Ext. 4520
Binding Arbitration
For a list of arbitrators, contact the County Commissioners at the address listed for the County
Board of Equalization.
If the date for filing any report, schedule, claim, tax return, statement, remittance, or other
document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been
timely filed if filed on the next business day, § 39-1-120(3), C.R.S.
PETITION TO COUNTY BOARD OF EQUALIZATION
What is your estimate of the property's value as of June 30, 2010? (Your opinion of value in terms of
a specific dollar amount is required for real property ursuant to § 39-8-106(1.5), C.R.S.)
$S )ricr)
What is the basis for your estimate of value or your reason for requesting a review? (Please attach
additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll,
original installed cost, appraisal, etc.)
ATTESTATION
I, the . 'ersigned ner or agent' of the property identified above, affirm that the statements contained
her>; a d on an 4ttachments hereto are true and complete.
7jc-962-57fci 7-//m2d//
Signature S Telephone Number Date
' Attach letter of authorization signed by property owner.
•
Alpine of Erie LLC
470 Briggs St.
Income
SF 6,000 2009 2(
Rent Income $ 70,196 $ 64,7
Total Actual Operating Revenue $70,196 $64,"
Operating Expense
Recoverable Expense Exp 2009 Exp 2010
Accounting $ 990 $ 3,909
Bank Service Charge $ 2,391
Insumace $ 2,472 $ 4,131
Landscape Expense $ 202 $ 4,130
Lic & Fees
Postage @ Delivery $ 2 $ 846
Repairs & Maintenance $ 3,093
Snow Removal $ 280 $ 582
Utilities $ 1,768 $ 3,094
Management 5% Est $ 3,510 $ 3,238
Reserve 5% Est $ 3,510 $ 3,238
Taxes-Real Estate $ 19,752 $ 21,269
Total Expenses $ 35,579 $ 46,827 $ 70,196 $ 64,7
PSF $ 5.93 $ 7.80
Net Income from Rental Real Estate $ 34,617 $ 17,9
Capitalization Rate 9.0% Effective Rate 9.0% 9.
2010 Mill
Indicated Property Value $ 384,638 $ 199,1
Final Assigned Value Average $ 291,E
COUNTY Subject property has Modified Gross Leases(I have requested Rent Roll and Leases)
2:04 PM Alpine of Erie LLC
11/11/10 Profit & Loss by Unit
Accrual Basis January through December 2009
101,102,103 104 105 General O/H TOTAL
Ordinary Income/Expense
Income
Rent Income 44,300.00 10,200.00 15,696.90 0.00 70,196.90
Total Income 44,300.00 10,200.00 15,696.90 0.00 70,196.90
Expense
Accounting 0.00 0.00 0.00 990.00 990.00
Amortization Expense 0.00 0.00 0.00 123.00 123.00
Depreciation Expense 0.00 0.00 0.00 16,972.00 16,972.00
Insurance 0.00 0.00 0.00 2,472.00 2,472.00
Landscape Expense 0.00 0.00 0.00 202.25 202.25
License& Fees 0.00 0.00 0.00 0.00 0.00
Meals&Entertainment 0.00 0.00 0.00 28.43 28.43
Miscellaneous 0.00 0.00 0.00 0.00 0.00
Postage and Delivery 0.00 0.00 0.00 1.79 1.79
Remodel 2,821.20 0.00 0.00 0.00 2,821.20
Repairs& Maintenance 0.00 200.66 71.55 0.00 272.21
Snow Removal 0.00 0.00 0.00 280.00 280.00
Taxes 0.00 0.00 0.00 19,751.70 19,751.70
Utilities 0.00 0.00 0.00 1,768.18 1,768.18
Total Expense 2,821.20 200.66 71.55 42,589.35 45,682.76
Net Ordinary Income 41,478.80 9,999.34 15,625.35 -42,589.35 24,514.14
Other Income/Expense
Other Expense
Interest Expense 0.00 0.00 0.00 17,578.13 17,578.13
--- ------ --
Total Other Expense 0.00 0.00 0.00 17,578.13 17,578.13
Net Other Income 0.00 0.00 0.00 -17,578.13 -17,578.13
Net Income 41,478.80 9,999.34 15,625.35 -60,167.48 6,936.01
1
5-3 / c
Page 1
Lifesong Church
PO Box 476
Erie,CO 80516 15 March200'
LEASE EXTENSION AGREEMENT-Addendum 'D`
This Agreement To Extend the following contract at The Alpine Building 470
Briggs Street Suite Erie, CO 80415 is as follows:
LifeSong Church Suite 101/102/103 Atrium and plus baths
Original term 01 February 2007 and terminating 30 January 2010.
Addition of Suite 105
,009 _, di „„
Tern-,addition ih:,.;beginning 01 June ..., , and ending .,., ,anuary 2010.
Required security deposit of$950.00 plus$950.00 amount monthly until
30 January 2010.
Alpine of Erie, LLC will remove wall between suite 101 and 102 by start of suite 'I OS
addition 01 June 2009.
Extension
LifeSong Church Suite 101/102/103/105 atrium and plu' bath~
Term extension beginning on 01 February 2010 and ending 30 January 2t►1.t.
In consideration of the rent, the Tennant agrees to pay to the Landlord ci rent
Amount of.$4650.00 per month.
Which said sums shall be due and payable in advance on the first day of each and
every calendar month during the said term at thc office of the Landlord at:
1'O Box 785 Niwot, CO 80444
;771`1)-2-11-1-4:2
Date -202'0 Tennant: _07
�C t F£5s-46 4 l 1H c.( Exis.:
Date/Fyyl4 jv9 Landlord: _
Alpine of Erie, I.LC Manager
•
OFFICE LEASE
1. THIS LEASE,dated November 11,2006 , is between
Alpine of Erie, LLC-A Limited Liability Company
e-torpurulien organized under the taws of the State of Colorado
hereinafter called the Landlord,and
LlteSong Church
hereinafter called the Tenant.The Landlord does hereby demise and lease unto the Tenant the premises known
and described as
470 Briggs St.Suites 101, 102,103 and Atrium.
in the City of Erie ,State of Colorado,for the term of
Term beginning or�nlber 1,emoo r and ending on Qiiggr 30,2009 •
unless the term hereof shall be sooner terminated as hereinafter provided.
Rent 2. IN CONSIDERATION of the rent and the performance of the covenants and provisions herein,the'reliant II!
agrees to pay to the Landlord as rent for the full term aforesaid,the sum of S 129.600.00 , fI;
payable as follows;
II
Monthly Installments of$3500.00.for the first 12 months �I
53800.00 for the second 12 months
$3700.00 for the third 12 months Payments later than the 10th day of the month to be charged a 10%late fee.
which said sums shall be due and payable in advance on the first day of each and every calendar month during said tern
at the office of the Landlord at
Po Box 785,Niwot CO 80544 ,!
or at such other location as the Landlord may designate in writing.
Security 3. The Landlord acknowledges receipt of a security deposit in the amount of$ 3600.00
Deposit li
SERVICES
4. The Landlord and Tenant agree,as follows:
me Landlord shall keep all the improvements upon the Premises,including but not limited to,structural components,
interior and exterior walls,floors,ceiling,roofs,sewer connections,plumbing,wiring,and glass in good maintenance
and repair at Landlord's expense.Tenant shall he obliged to notify the Landlord of any condition upon the Premises
requiring repair and the Landlord shall be provided a reasonable time to accomplish said repair.The•Lantlfonlshall-heat
Out-demised-premises-whenever aeceysat'y-during reasonable business-heurror-eustomnary heating-season
Thu-Lntndivrd-shali-providk-the•+nreFthe-pesaenger-oh.welerif`the building-iu-cu aquippe )rut-nlltiinesdu.;ng•rya-
aonable-bwsincsv--houro: It
The Landlord-shall-provide jeniterserviee-€or the detnised-prentise4. F
The—Landlord.shel atetedo bo supplied water,end e reasonable emnunt-of-Ncetrie-eu> t-for 4tghtingsuid prernis-
ea and blie-ttell5-end4er-e nt
pu entetrbffiocl-quiprncnt-letting-then,ne-uncl-irrehe rnantxreurtwntay-ifl-Maid k buil9•ittg:
'Patent-agroeste-use-oniraotii:efcetrioiHrre►t-essheitbesuppliod•by-band1erd-foNight:nrandcontomnry-ofti equity
ment,-end-shell-ray on demand for use of-eketrie-eutrent-fin any-other-purpose-:-erfor-anr-waste-t!eleetrielnureent: 'l
Tenant shall-net without-eaesent•ttf-tom handlord-een eel_.any-epparutus which might-execed••the-eupueity-tom the I�
eleetrterd system. ,•l
Tenant-ugrcerebat-Landlord•-Shull not be held liable-for-failure-to-supply such.heating,clovttkek jenner,-wutervr cice-
trie-aervviee srer-any-vf=thern4-when-such failure-is-not-due-to gross etegiigenec-tot-its-part--it-being-undcrsteod-hnt
btiet ilo►drteserves-lhc righttcreemperarity-disrrntitwe suelrsewie:ea-ctr-any-vf'chem.atsueb-limey-as-,nay-bc necessary
by reason-ef-seeidenh tvpnii'*- heretienr-or-iimpruvemenrt,-or-whenever,by reason-of.slrilee*4ueket+N•,riots,*wry; it
( 4 e rany-other-happeeing;•l•,omtlure s.unable-te-furnish such-services 1
•
it
Nn.t553.Rev,11.95.°Mee t.eetia CopyriO a 1955 (Page I or71
f>.wnw nwna.cv NAM— —Wyly,
.,.,�,,,., .,.'.,,,, JVJVLOL7VIII 4u4 rre7n7 P5/13
Tenant agrees that it'any payment of rent as herein provided shall remain unpaid for more than twenty(20)days after
the same shut!become due,Landlord may.without notice to Tenant.discontinue furnishing lighting,heating and janitor
services,or any of them,until all arrears of rent shall have first been pnid and discharged,and that landlord shall not be
liable for damages,and that such action shall in no way operate to release Tenant from the obligations hereunder.
CHARACTER OF OCCUPANCY
5. Tenant agrees that the demised premises shall be used and occupied only as
LifeSong Church meetinets,community meetings and LlfeSong Church business offices
in a careful,safe and proper manner,and that Tenant will pay on demand for any damage to the premises eaused by the
misuse of same by Tenant,or Tenant's agents or employees.
Tenant agrees that Tenant will not use or permit the demised premises to be used for arty purposes prohibited by the laws
of the United States or the State of Colorado.of the ordinances of the City or County in which the prvperty is located.
Tenant will not use or keep any substance or material in or about the demised premises which may vitiate or endanger
the validity of the insurance art said building or increase the hazard of the risk.or which may prove offensive or annoy-
ing to other tenants of the building.
Tenant will nut permit tiny nuisance in the demised premises.
Landlord and Tenant agroc that smoking of cigarettes.pipes.cigars or other tobacco products O shall 0 shall not
be permitted in the Premises.Smoking in common areas of the building is as follows:
Not Allowed
ALTERATION
6. The Landlord(with ter tent approval,may enter 'the demised premises to examine C nod inspect the same,or
to make such repairs,additions,or alternations as it may deem necessary or proper fur the safety.impmvemenl or preser-
vation thereof,and shall at all times have the right,at its election,to'nuke such alterations nr changes to other portions
of said building as it may from time to time deem necessary and desirable.
Tenant shall make no alterations in or udditiona to the demised premises without first obtaining the written consent
of Landlord.Tenant shall permit no liens to be attached to the property as a result of any alterations.All additions or
improvernents made by the Tenant(except only movable office furniture)shall be deemed a part of the real estate and
permanent structure thereon end shalt remain upon and be surrendered with said premises as a part thereof at the end of
the said term,by lapse of time.or otherwise.
SUBLETTING
7. Tenant agrees that it will nut sublet the demised premises,or any part thereof,nor assign this lease,ur any interest
therein,without first obtaining the written consent of the Landlord,which consent shall not be unreasonably withheld,
INSOLVENCY
8. Any assignment for the benefit of creditors or by operation of law shall not he effective to transfer any rights here-
under to the snid assignee without the written consent of the Landlord first having been ohtuined.
[t is further agreed between the panics hereto that if Tenant shall he declared insolvent,or if any assignment of
Tenant's property shall he made for the benefit of creditors or ntherwise.or if Tenant's leasehold interest herein shall be
levied upon under execution,or seized by virtue of any writ of any court of law,nr a Receiver be appointed for the prop-
erty of Tenant,whether under the operation of State or Federal statutes,then and in any such case,Landlord may.at its
option,terminate this lease and retuke possession of said premises.without being guilty of any manner of trespass or
forcible entry or detainer,and without the same working any forfeiture of the obligations of Tenant hereunder,
In case the Tenant is adjudicated a bankrupt,or proceeds or is proceeded against under any State or Federal laws,for
relief of debtors.or in case a receiver is appointed to wind up and liquidate the affairs of the Tenant,the Landlord,at its
election.shall have a provable claim in bankruptcy or receivership in an amount equal to at least the sum of the last 12
monthly payments of the rental provided for herein,which sum is fixed and liquidated by the parties hereto as the min-
imum amount of the damages sustained by the Landlord as a result of the bankruptcy or receivership of the Tenant.and
the amount of said damages may be satisfied,at the election of the Landlord,out of any moneys or securities deposited
hereunder its security for the payment by the Tenant of the rent herein provided for.
Nu.853. (vrr r 2 or 1)
_.... - _ _..� ..._.... ,.. wJ 71 II P6/13
DEFAULT
9, if the Tenant shall be in arrears in payment of any installment of rent,or any portion thereof,or in default of any
other covenants or agreements set forth in this lease("Default"),and the Default remains uncorrected for a period of three
(3) days after the Landlord has given written notice thereof pursuant to applicable law, then the Landlord may,at the
Landlord's option,undertake any of the following remedies without limitation: (a)declare the term of the lease ended;
(b)terminute the Tenant's right to possession of the premises and reenter and repossess the premises pursuant to applica-
ble provisions of the Colorado Forcible Entry and Detainer Statute;(c)recover all present and future damages,eosts and
other relief to which the Landlord is entitled including,hut not limited to.the cost to recover and repossess the premises,
the expenses of reletting,necessary renovation and alteration expenses,end commissions;(d)pursue breach of'contract
remedies;and/or(e)pursue any and all available remedies in law or equity.in the event possession is terminated by n rea-
son of Default prior to expiration of the term,the Tenant shall he responsible fur the rent occurring for the remainder of
the terra,subject to the Landlord's duty to mitigate such damages.Pursuant to applicable law 113-40-Itl4(d_5).(e.5)and
11-40-107.5,C.R.S.1 which is incorpurated by this tufcrcre,in the event repeated or substantial Default(s)under the lease
occur,the Landlord may terminate the Tenant's possession upon a written Notice to Quit,without it right to cure.Upon
such termination,the Landlord shall have available any and all of the ahnvclisted remedies.
SECURITY DEPOSIT
10. The Landlord acknowledges receipt of the aforementioned deposit to be held by the Landlord for the faithful per-
formance of all of the terms,conditions and covenants of this lease.The Landlord may apply the deposit to cure any
default under the terms of this lease and shall account to the Tenant for the balance.The tenant may not apply the deposit
hereunder to the payment of the rent reserved hereunder or the performance of other obligations.
PREMISES VACATED DURING TERM OF LEASE
11. If the Tenant shall abandon or vacate said premixes before the end of the term of this lease,the Landlord may.at
its option.enter said premises.remove any signs of the Tenant therefrom.and re-let the same.or any part thereof.as it
may see fit,without thereby voiding or terminating this Rase,and for the purpose of such re-letting,the Landlord is
uuthorizcd to make any repairs.changes,alterations or additions in or to said demised premises,as may,in the opinion
of the Landlord,be necessary or desirable for the purpose of such re-letting,and if a sufficient sum shall not bt realized
from such re-letting(after payment of all the cosh and expenses and the collection of rent accruing therefrom),each
month to equal the monthly rental agreed to be paid by the Tenant under the provisions of thie lease,then the Tenant
agrees to pay such deficiency each month upon demand therefor.
REMOVAL OF TENANT'S PROPERTY
12. If the Tenant shall fail to remove all effects frum said premises upon the abandonment thereof or upon the ter-
mination of this lease,the Landlord,at its option.may remove the same in any manner and store ncc said dlcets with.
out liability to the Tenant for loss thereof,and the Tenant agrees to pay the Landlord on demand,any and all expenses
incurred in such removal,including court costs and attorney's fees and storage charges on such effects for uny length of
time the same shall he in the Landlord's possession.The Landlord.at its option.and after 30 days notice to 1 snit,may
sell said effects,or any of the same,at private sale and without legal process,for such prices as the Landlord may obtain.
and apply the proceeds of such sale upon any amounts due under this lease from the Tenant to the Landlord and upon
the expense incident to the removal and role of said effects,rendering the surplus,if any,to the Tenant.
LOSS OR DAMAGE TO TENANT'S PROPERTY
13. All personal property of any kind or description whatsoever in the demised premises shall he at the Tenant's sole
risk,and the Landlord shall not be held liable for any damage June to or loss of such personal pn'perty,or for damage
or IGSS Suffered by the business or occupation of the Tenant arising from tiny act or neglect of cotenants or other occu-
pants of the building,or of their employees or the employees of the Landlord or of other persons,or from bursting.over-
flowing Or leaking of water,sewer or steam pipes,or from heating or plumbing fixtures,or from electric wires,or from
gases,or odors,ur caused in any other minima whatever,except in the case of willful neglect on the part of the Landlord.
Tenant shrill hold Landlord.Landlord's agents and their respective successors and assigns,harmless and indemnified
from all injury,loss,claims or atomage to any person or property while on the demised premises or any other part of
Landlord's property,or arising in any way out of Tenant's business,which is occasioned by an act or omission of Tenant,
its employees,agents,invitees,licensees or contractors.
Yu.e553. (Par 3 u17)
LIEN ON TENANT'S FURNISHINGS
14. The Tenant hereby grunts to the Landlord a security interest in the personal properly situated on the leased prem-
ises as additional security for the payment of the rent and the performance of Tenant's obligations hereunder.The Tenant
shall execute such documents as the Landlord may require to perfect the Landlord's security interest in such personal
property.Said personal property shall not be removal therefrom without the consent of the Landlord until all rent due
or to become due hereunder shall have first been paid and discharged.or any default hereunder by Tenant shall be cured.
It is intended by the parties hereto that this instruments hull have the effect of a security agreement upon such personal
property,and the Landlord,upon delimit of the Tenant of the payment of the rent or the terms hereunder.may exercise
any rights of a secured party under the Uniform Commercial Code of the State of Colorado including the right to take
possession of such personal property and.lifter notice as required by statute,to cell the same for the best price that can
he obtained at public ur private sale,and out of the money arising therefrom,pay the amount due the Landlord,and all
costs arising from the execution of the provisions hereof,paying the surplus,if any,to the Talent.if said personal prop-
city.or any portion thereat,shall he offered at public auction,the.Landlord may become the purchaser thereof.
SURRENDER OF POSSESSION
IS. The Tenant agrees to deliver up and surrender to the Landlord possession of acid premises at the expiration
or termination of this lease,by lapse of time or otherwise. in as good repair as when the Tenant obtained the same at
the commencement of said term,excepting only ordinary wear and tear,or damage by the elements(occurring without
the fault of the Tenant or other persons permitted by the Tenant to occupy or enter the demised premises or any part
thereof).or by act of God.of by insurrection.riot,invasion or commotion,or of military or usurped power,
FIRE CLAUSE
16. if the demised premises or said building.shall be so damaged by fire or other catastrophe as to render skid prem-
ises wholly untenantable,and if such damage shall be so great that a competent architect selected by the Landlord,shall
certify in writing to the Landlord and the Tenant that said premises.with the exercise of reasonable diligence,cannot be
made fit for occupancy withi0 ninety(90)days from the happening thereof.then this lease shall cease and temtinate from
the date of the occurrence of such damage; and Ilse Tenant thereupon shall surrender to the Landlord said premises and
all interest therein,and the Landlord may renter and take possession of said premises and remove the Tenant therefrom.
The Tenant shall pay rent.duly apportioned,up to the time of such termination of this lease.
lf,however,the damage shall be such that such an architect so shall certify that said demised premises can be made
tenantable within such number of days from the happening or such damage by lire or other catastrophe, then the
Landlord shall repair the damage so done with ail reasonable speed.and the rent shall be abated only for the period
during which the Tenant shall be deprived of the use of said premises by reason of such damage and the repair thereof.
If said demised premises,without the fault of the Tenant,shall be slightly damaged by fire or other catastrophe hut not
so tt3 to render the same untenantablc,the Landlord,after receiving notice in writing of the occurrence of the injury,shall
cause the same to be repaired with reasonable promptness;but in such event,there shall be no abatement of the rent.
Jo case the building throughout be so injured or damaged,whether by fire or otherwise(though said demised prem-
ises may not be affected) that the Landlord within sixty (60) days after the happening of such injury,shall decide to
reconstruct,rebuild,or raze said building,and shall enter into a legal and binding contract therefor,then upon thirty(30)
days'notice in writing to that effect given by the Landlord to the Tenant.Otis lease shall cease and terminate front the
date of the occurrence of said damage,and die Tenant shall pay the rent,properly apportioned.Up to such date.and hnth
parties hereto shall be free and discharged of all further obligations hereunder.
in the event of a condemnation or other taking by any governmental agency,all proceeds shall be paid to the Landlord
hereunder,the Tenant waiving all right to any such payments.
INSURANCE
17. Tenant shall,at Tenant's expense,obtain and keg,in full force.fire and liability insurance as may he reasonably
required by the Landlord.Tenant shall provide copies of such insurance policies upon the Landlord's request.
see Additional provieiona for amounts.
ACCEPTANCE OF PREMISES BY TENANT
IS. The taking possession of said premises by the Tenant shall be conclusive evidence us against the Tenant that said
premises were in good and satisfactory condition when possession of the same was taken.
Na.r553. that•at r) tt�
-• ... __ ... .,v✓„LA,,, P8113
WAIVER
19. No waiver of any breach of Default of any one or more of the conditions or covenants of this lease by the
Landlord shall be deemed to imply or constitute a waiver of any succeeding or other breach or Default hereunder.
AMENDMENT OR MODIFICATION
21). The Tenant acknowledges and agrees that it has not relied upon any statements,representations,agreements or
warranties,except such as are expressed herein,and that no amendment or modification of this lease shall be valid or
binding unless expressed in writing and executed by the panics hereto in the sane manner as the execution of this lease.
PAYMENTS AFTER TERMINATION
21. No payments of money by the Tenant to the Landlord after the termination of this lease,in any manner,or after
the giving of any notice(other than a demand for the payment of money)by the Landlord to the Tenant,shall reinstate,
continue or extend the term of this lease or affect any notice given to the'tenant prior to the payment of such money,it
being agreed that after the service of notice or the commencement of a suit or after final judgment granting the Landlord
possession of said premises,the Landlord may receive and collect any sums of rent due,or any other auras of money
due under the terms of this lease,and the payment of such sums of money whether as rent or otherwise,shall not waive
said notice,or in any manner affect any pending suit nr any judgment theretofore obtained.
HOLDING AFTER TERMINATION
22. it is mutually agreed that if after the expiration of this lease the Tenant shall remain in possession of said pr mists
without a written agreement as to such holding,then such holding over shall be deemed to he a holding upon a tenancy
from month to month at a monthly rental equivalent to the last monthly payment provided herein,payable in advance on
the same day of each month as above provided;all other terms and conditions of this lease remaining the same.
ENTRY 8Y LANDLORD
23. The Landlord shall at all times have the right,by its officers or agents.in enter the demised premises to inspect
and examine the same.and to show the sante to persons wishing to lease them.and may at any time within fifteen days
next preceding the termination of this tenancy.place upon the doors and windows of the premises the notice"For Rent",
which said notice shall not be removed by the Tenant. Landlord may enter upon approval of tenant.
ATTORNEY'S FEES
24. in the event any dispute arises concerning the terms of this Lease or the non-payment of any sums under this
Lease,and the matter is turned over to an attorney,the party prevailing in such dispute shall he entitled,in addition to
other damages and costs,to recover reasonable attorney's fees from the other party.
RULES AND REGULATIONS
25. It is further agreed that the following rules and regulations shall be and are hereby made a part of this lease,and
the Tenant agrees that its employees and agents,or any others permitted by the Tenant to occupy or enter said premises.
will at all times abide by said ruIex and regulations and that a default in the performance and observance thereof shall
operate the same as any other defaults herein:
(I) The sidewalks.entries,passages.stairways and elevators shall not be obstructed by the Tenant,or its agents,or
used by them fur any purpose other than ingress and egress to and from their offices.
(2) (a) Furniture,equipment or supplies shall be moved in or out of the;building only upon the elevator designated
by Landlord (it'the building is so equipped) and then only during such hours and in such manner as may he
prescribed by the Landlord.
(b) Nu safe or article,the weight of which may constitute a hazard or danger to the building or its equipment,
shall he moved into the premises.
(c) Safes and other equipment.the weight of which is not excessive,shall be moved into,from or about the build-
ing only during such boors and in such manner as shall be prescribed by the Landlord,and the l.andhsrd shall
have the right to designate the location of such articles in the space hereby demised.
(3) Signs.notices,advertisements,or other inscriptions shall not he placed upon any part of the building without
prior approval of the Landlord.
(4) The light through the transoms and glass partitions opening into the halls and other parts of the building shall not
be obstructed in any way by the Tenant.
No,e533. (Peas of 7)
- _ .... P9113
�w„c7rrr
(5) Restrooms and other water fixtures shell not be used fur any purpose other than that for which (he same are
intended,and any damage resulting to the same from misuse on the part of the Tenant.its agcnts or employee,shall be
paid for by the Tenant_No person shall waste wuier by tying back or wedging the faucets,or in any other manner,
(fi) No animals shall be allowed in the offices.halls,corridors and elevators in the building.
(7) Bicycles or other vehicles shall not be permitted in the offices,halls,corridors and elevators in the budding,nor
shall tiny obstruction of sidewalks or entrances of the building by such he permitted.
tlid-No-per%oneshall•dietorb-theeceupont thirrerodjoineg-huildinga.urpremiycyhy-the-use.cif-anyyeeie.oe. tuvi-
eai-instrument.or-by-the-melting-ef-leuti-r+r-imptt>per•neines,.
(9) Thc Tenant shall not allow anything to be placed on the outside window ledges of the building,nor shall any-
thing he thrown by the Tenant.its agents or employees,out of the windows or doors,or down the courts,elevator shafts,
or skylights of the building.
10) No additional lock or kicks Shall be placed by the Tenant on any door in the building unless written consent of
the Landlord shall first have been obtained.A reasonable number of keys to the demised premises and to the restruorns
will be furnished by the Landlord.end neither the Tenant,its agents or employees,shall have any duplicate key made.
At the termination of this tenancy,the Tenant shall promptly return all such keys to the Landlord.
(11) No awnings or window coverings shall be attached to the premises without prior written approval by the
Landlord. Thie includes exterior awnings and interior window coverings,
Milani shall pay for any damage caused by the Tenant In any window coverings supplied by the Landlord.
(12) The Tenant,before closing nod leaving the demised premises at any lime.shall see that all windows arc closed.
in order to avoid possible damage from fire,storm or freezing.
(13) Thc Tenant shall not install or operate any steam te-gas engine nr boiler,or entry on any mechanical business
in the demised premises.The use of oil,gas or flammable liquids fur heating,lighting or any other purpose is express-
ly prohibited.F,xplusives or other articles deemed extra hazardous os shall not be brought into the building.
(14) Any painting or decorating as may be agreed to be done by and at the expense of the Landlord shall be done
during regular working hours. Should the Tenant desire such work done on Sundays, holidays or outside of regular
working hours,the Tenant shall pay for the extra cost thereof.
(15) The Tenant shall nut mark upon,paint signs upon,cut.drill into,drive nails or screws into,or in any way deface
the walls,ceilings,partitions or floors of the demised premises or of the building.Any defacement.damage or injury
caused by the Tenant,its agents or employees,shall be paid for by the Tenant. Hanging piccurea is permitted.
(16) The Landlord reserves the right to make such other and further reasonable rules and regulations as in its judg-
ment may front lime to limo be needful and desirable for the safety,care and cleanliness of the premises and for the
preservation of good order therein.
Additional Provisions:
1.See Addendum A attached
2.The execution of this lease is contingent upon parties,by separate agreement attached as Addendum f3,agreeing to
Tenant Finish Improvements,No improvements will be started until this lease and Addendum A and B arfe signed by
all parties and the Security Deposit Is paid to the Landlord
3.Tenant responsible for electric and gas and telecommunications in units 101.102,103,and atrium,
Telecommunication conduit from exterior of building to units 101,102.and 103 is installed for the convenience of the
tenant,but connections are the responsibility of the tenant.
4.Tenant,as agreed in paragraph 17 shall keep the the following general liability and property damage insurance in
place:
a.$2,000,000 aggregate
b.$1,000,000 pet occurrence
c.Alpine of Erie,LLC.shaU be named as an additional insured on the policy.
d.Policy must cover meetings by community groups in addition to church activites.
No.r553. IY.F of 7)
..wrrcarn P10113
OULET POSSESSION
26. Tit: landlord shall warru.: : t defend the Trnunt in the enjoyment and peaceful possession of the premises
during III: t.:rm aforesaid.
AU title and captions ate for r":wenicncc only arnl are not it part of this lease.This tease shall be binding on the
panics.thr :personal repcesentatit•.'.,successors and arsons.If there urc more than one entity or persons which ere the
Tenants t••••fir this lease,all coven:,n:+and ag•centcur.s i:crein ut be performed by the Tenant shall be joint and several.
Shout,. tv provision of this le:Ir; violate.,.,y fcde,:.l stun or local law or ordinance,that provision shall be deemed
amended; • .o comply with such Ian.or orJin:olce.:Intl:.hall be;onsirttcti in a manner so;IN to comply.and the remainder
of this Ic_., shall not be affected thcrrhy-
-`
Executed,. f Vv, U0C&
Attest 21.-L a� Attest
Alpina : rie,LLC•A Umiled Lir: t,ty Cor•rif iy_ lr'eSong Church
Tenant
PO Bt • ` 3 Nlwot CO 80544 PO Sox 476 Erie CO 80516
• Addreti
STATE OF CO1.,)ft ADO
s.
Count
The bore. instrument was ackr,•+•.t•ledgetl atfort:n. :his _Jay or
by _ , as President
and _ . as
Secretary
of ... _- ,a corporation.
My com,n: ion expires:• __
Witness :sand and official seal. /
Notary Public
STATE OF COLORADO/ ./
Count ,.0 T ss.
The for•.. .:c instrument was aek i:u'•t•Iedgeu •cfore r'::rho. day of
by_
My cote- - iun expires: f — _ �. _ —
Witness;• .,and and
of trial Acal
Newry Public
\u.r5S . ,: . - of 7)
..v.rrca,It P11,13
QUIET POSSESSION
26. The Landlord shall warrant and defend the Tenant in the enjoyment and peaceful possession of the premises
during the term aforesaid.
All titles and captions are for convenience only and arc not a pan of this lease.This lease shall be binding on the
parties,their personal representatives,successors and assigns.If there are more than one entity or persons which arc the
Tenants under this lease,all covenants and agreements herein to be performed by the Tenant shall be joint and several.
Should any provision of this lease violate any federal,stale or local law or ordinance,that provision shall be deemed
amended to so comply with such law or ordinance,and shall be construed in a manner so as to comply,and the remainder
of this lease shall not he affected thereby.
Executed on i 2 td 0\1 ?AV e
t
f 1\
Attest
Li4.21:1_,00,__,
Attest
Alpine of Erie,LLC-A Limped Llabllilt Company LifeSong Church
Landlord Tenant
PO Box 785 Niwot CO 80544 PO Box 476 Erie CO 80516
AtIsIntss
STATE OF COLORADO 1[
County of 1 s'. _
1 .,
The foregoing instrument was acknowledged before mc this day of
by
and , • as President
of -• as Set:miry
rtry
My commission expires: a corporation.
Witness my hand and official seal.
•� _Nutary Polilic
7
STATE OP COLORADO ,
County of
The foregoing instrument was acknowledged before mc this 1 day ut'
by
My commission expires:
Witness my hand end official seal
Nur.ry Public
/
Nu.rS53. (I'm 7 rot 7)
02/20/2009 22:2;3 .it7,iutt+ttn ��-,-
The Flower Nook
PO Box 944
Erie,CO 80516 15 April 2009
LEASE EXTENSION AGREEMENT—Addendum 'B'
This Agreement To Extend the following contract at The Alpine Building 470
Briggs Street Suite Erie,CO 80415 is as follows:
The Flower Nook Suite 104
Original term 01 May 2006 and terminating 30 April.2009.
Extension
The Flower Nook Suite 104
Term extension beginning on 01 May 2010 and ending 30 April 2013.
In consideration of the rent, the Tennant agrees to pay to the Landlord a rent
1' year 12 monthly payments of$850.00
2"°year 12 monthly payments of$900.00
3'a year 12 monthly payments of$950.00
Which said sums shall be due and payable in advance on the first day of each and
every calendar month during the said term at the office of the Landlord at:
Pb Box 785 Niwot, CO 80444
Date Tennant-
Date, r/0 ! LandIord: �
Alpine of Erie, LLC Manager
Ze11-(o-Ll iY:45 omen.),oaten, IF • -.-.
OFFICE LEASE
1. THIS LEASE,dated March 27,2008 , is between
Alpine of Erie,LLC.a limited Liability Company
a corporation organized under the laws of the State ocColorado
hereinafter called the Landlord.and
The Flower Nook,a Colorado Corporation by:
• hereinafter called the Tenant.The Landlord does hereby demise and lease unto the Tenant the premises known :.
and described as
470 Briggs St.Suite 104 •
in the City of Erie ,State of Colorado,for the term of
Three Years
Term beginning on May 1.,2008 ,and ending on April 30,2009
unless the term hereof shall be sooner terminated as hereinafter provided.
• Rent 2. IN CONSIQERATION of the rent and the performance of the covenants and provisions herein,the Tenant
agrees to pay to the Landlord as rent for the full term aforesaid,the sum of S 28,800.00
I, payable as follows:
1st year;12 monthly payments of$750.00
2nd year:12 Monthly payments of$800.00
3rd year:12 monthly payments of 5850.00 ':
which said sums shall be due and payable in advance on the first day of each and every calendar month during said term
;, at the office of the Landlord at
PO Box 785 Nlwot CO 80444
or at such other location as the Landlord may designate in writing.
r. Security 3. The Landlord acknowledges receipt of a security deposit in the amount of S 750.00 •
Deposit
• SERVICES
i' 4. The Landlord and Tenant agree,as follows:
The Landlord shall keep all the improvements upon the Premises,including but not limited 10,Structural components.
interior and exterior walls.Boors,ceiling,roofs,sewer connections,plumbing,wiring,and glass in good maintenance
`' and repair at Landlord's expense.Tenant shall be obliged to notify the Landlord of any condition upon the Premises
;` requiring repair and the Landlord shall be provided a reasonable time to accomplish said repair.The Landlord shall heat
the demised premises whenever necessary during reasonable business hours or customary heating season,
The Landle.d•Aron provide the use of-the-passenger elevators(if the building-is-so equipped)at all times during roe- ,
sonablc busincn hours.
The Landlord shall provide janitor service for the-demised-premises.
• The-Landlord shall causo-to be supplied water,and a reasonabk-amount of electric current-for lighting said prcmis-
a es and public Witt-and-for customary office-equipment,during the timeand3n the manner custommy i.. dbuilding. ;:
Tenentagrces to use only such elcctrie-current as shall be supplied by-Landlord for lighting and customary office equip- •-
•
ment,-and shall pay on dented for-use of electric current-for-eny-adder purpose,or for-any-waste of electric current.
Tenant shall-rot, without consent ofthe-Landlord, connect arty-apparatus which might exceed--he capacity of the
electrical system.
Tenant agrees that Landlord shall not be held-liable for failure to supply-saeh heating,elevator,janitor,water, Of eke-
Erie services,or-any of then,when such-failure is not due to grossnegligence on its part, it being-understood that .'
Landlord reserves the right us temporarily-discontinue such services;or-any of them,at such times-es-maybe necessary ..
by reason of accident,repairs,alterations OF improvements,or whenever.by mason of strikes,lockouts.riots,nets of
God,or any other happening;Landlord is unable to furnish such-services.
•
•
•
-. . ...... ._ ..... a. ..-----... .. .. _._ .. .... __....... .
Ne.Y6FJ.Any.I IA6. OPrict Loan C.pplaht Ins (rge I W r)
stratus Wt th nt.VMS Wvsc Si.,Nevin.co 10202—303.p1.2!m—rvrhgro i)IMlnd.em—t10Ti
Zutt-uaretu%46 DI=JRr,won 40.00,44.40,.
Torrent agrees that if any payment of rent as herein provided shall remain unpaid for more than twenty(20)days after
the same shall become due.Landlord may,without notice to Tenant.discontinue furnishing lighting,heating and janitor
services.or any of them.until all arrears of rent shall have first been paid and discharged.and that Landlord shall not he
liable for damages,and that such action shall in no way operate to release Tenant from the obligations hereunder.
CHARACTER OF OCCUPANCY
5. Tenant agrees that the demised premises shall he used and occupied only as
Ratan Flower Shop
in a careful.safe and proper.manner,and that Tenant will pay on demand for any damage to the premises caused by the
misuse of same by Tenant,or Tenant's agents or employees.
Tenant agrees that Tenant will not use or permit the demised premises to be used for any purposes prohibited by the laws
of the United States or the State of Colorado,or the ordinances of the City or County in which the propcny is located.
Tenant will not use or keep any substance or material in or about the demised premises which may vitiate or endanger
the validity of the insurance on said building or increase the hazard of the risk,or which may prove offensive or annoy-
ing to other tenants of the building.
Tenant will not permit arty nuisance in the demised premises.
Landlord and Tenant agree that smoking of cigarettes.pipes.cigars or other tobacco products ❑shall shall not
he permitted in the Premises.Smoking in common areas of the building is as follows:
ALTERATION
6. The Landlord shall have the right at any time to enter the demised premises to examine and inspect the same,nr
to make such repairs,additions.or alternations as it may deem necessary or proper for the safety.improvement or preser-
vation thereof,and shall at all times have the right,at its election,to make such alterations or changes to other portions
of said building as it may from time to time deem necessary and desirable.
Tenant shall make no alterations in or additions to the demised premises without first obtaining the written consent
of Landlord.Tenant shall permit no liens to he attached to the property as a result of any alterations.All additions or
improvements matte by the Tenant(except only movable office furniture)shall be deemed a part of the real estate and
permanent structure thereon and shall remain upon and be surrendered with said premises as a part thereof at the end of
the said term,by lapse of time,or otherwise.
SUBLETTING
7. Tenant agrees that it will riot sublet the demised premises,or any part thereof,nor assign this lease,or any interest
therein,without lira►obtaining the written Consent of the Landlord,which consent shall not be unreasonably withheld.
INSOLVENCY
8. Any assignment for the benefit of creditors or by operation of law shall not be effective to transfer any rights here-
under to the said assignee without the written Consent of the Landlord first having been obtained.
It is farther agreed between the parties hereto that it'Tenant shall he declared insolvent.or if any assignment of
Tenant's property shall he made for the benefit of creditors or otherwise,or if Tenant's leasehold interest herein shall be
levied upon under execution,or seized by virtue of any writ of any court of law,or a Receiver be appointed for the prop-
erty of Tenant,whether under the operation of State or Federal statutes,then and in any such case.Landlord may,at its
option,terminate this lease and retake possession of said premises,without being guilty of any manner of trespass or
forcible entry or detainer,and without the same working any forfeiture of the obligations of Tenant hereunder.
In case the Tenant is adjudicated a bankrupt,or proceeds or is proceeded against under any State or Federal laws,liar
relief of debtors.or in case a receiver is appointed to wind up and liquidate the affairs of the Tenant.the Landlord,at its
election,shall have a provable claim in bankruptcy or receivership in an amount equal to at least the sum of the last t1
monthly payments of the rental provided for herein,which sum is fixed and liquidated by the panics beret()as the min-
imum amount of the damages sustained by the Landlord as a result of the bankruptcy or receivership of the Tenant,and
the amount of said damages may he satisfied.at the election of the Landlord.out of any moneys or securities deposited
hereunder as security for the payment by the Tenant of the rein hereie provided for.
Ne.c555. ar.ats a d 71
CV I,-VV'6,VJ.'eU wvr.n.7 I,..,w• . - v,r,.„ter•.. . ..,.
DEFAULT
9. If the Tenant shall be in arrears in payment of any installment of rent,or any portion thereof-nr in default of any
other covenants or agreements act forth in this lease("Default").and the Default remains uncorrected for a period of three
(3)days after the Landlord has given written notice thereof pursuant to applicable law, then the Landlord may.at the
Landlord's option.undertake any of the following remedies without limitation: (a)deelare the term of the lease ended:
(h)terminate the Tenant's right to possession of the premises and reenter and repossess the premises pursuant to applica-
ble provisions of the Colorado Forcible Entry and Detainer Statute;(c)recover all present and future damages.costs and
ether relief to which the Landlord is entitled including,but not limited tn,the cost to recover and repossess the premises,
the expenses of reletting,necessary renovation and alteration expenses,and commissions;(d) pursue breach of contract
remedies;and/or(e)pursue any and all available remedies in law or equity.In the event possession is terminated by a rea-
son of Default prior to expiration of the tern.the Tenant shall he responsible for the rent occurring for the remainder of
the terra.subject to the Landlord's duty to mitigate such damages.Pursuant to applicable law(13-40.104(d.5),(e.5)and
13-40-107.5,C.R which is incorporated by this reference,in the event repeated or substantial Default(s)under the lease
occur,the Landlord may terminate the't'enant's possession upon a written Notice to Quit,without a right to cure.Upon
such termination,the Landlord shall have available any and all of the abovelisted remedies.
SECURITY DEPOSIT
10. The I.andlord acknowledges receipt of the aforementioned deposit to be held by the Landlord for the faithlul per-
formance of all of the terms..conditions and covenants of this lease.The Landlord may apply the deposit to cure any
default under the terms of this lease and shall account to the Tenant for the balance.The Tenant may not apply the deposit
hereunder to the payment of the rent reserved hereunder or the performance of other obligations.
PREMISES VACATED DURING TERM OF LEASE
11. if the Tenant shall abandon or vacate said premises before the end of the term of this lease.the Landlord may,at
its option,enter said premises,remove any signs of the Tenant therefrom,and re-let the same,ur any part thereof,as it
may see fit, without thereby voiding or terminating this lease,and for the purpose of such re-letting-the Landlord is
authorized to make any repairs,changes,alterations or additions in or to said demised premises,as may,in the opinion
of the Landlord.be necessary or desirable for the purpose of such re-letting,and if a sufficient sum shall not be realized
from such re-letting(sifter payment of all the costs and expenses and the collection of rent accruing therefrom),each
month to equal the monthly rental agreed to he paid by the Tenant under the provisions of this lease,then the Tenant
agrees to pay such deficiency each month upon demand therefor.
REMOVAL OF TENANT'S PROPERTY
12. If the Tenant shall fail to remove all ikt from said premises upon the abandonment thereof or upon the ter-
mination of this lease,the Landlord,at its option,may remove the same in any manner and store the said effects with-
out liability to the Tenant for loss thereof.and the Tenant agrees to pay the Landlord on demand,any and all expenses
incurr d in such removal,including court costs and attorney's fees and storage charges on such effects for any length of
time the same shall he in the Landlord's possession.The Landlord.at its option,and after 30 days notice to Tenant,may
sell said effects.or any of the same.at private sale and without legal process,for such prices as the Landlord may obtain,
and apply the proceeds of such sate upon any amounts Jue under this lease from the Tenant to the Landlord and upon
the expense incident to the removal and sale of said effects.rendering the surplus,if any.to the Tenant.
LOSS OR DAMAGE TO TENANT'S PROPERTY
13. All personal prvpcny of any kind or description whatsoever in the demised premises shall be at the Tenant's sole
risk,and the Landlord shall qot he held liable for any damage done to or loss of such personal property,or for damage
or loss suffered by the business or occupation of the Tenant arising from any act or neglect of cotenants or other occu-
pants of the building,or of their employees or the employees of the Landlord or of other persons,or from bursting.over-
flowing or leaking of water,sewer or steam pipes,or from heating or plumbing fixtures,or from electric wires.or from
gases,or odors.or caused in any other manner whatever,except in the case of willful neglect on the part of the Landlord,
Tenant shall hold Landlord.Landlord's agents and their respective successors and assigns,harmless and indemnified
front all injury,loss,claims or damage to any person or property while on the demised premises or any other part of
Landlord's property,or arising in any way out of Tenant's business,which is nceasioned by an act or omission of Tenant,
its employees,agents,invitees,licensees or contractors.
No,v..5f tr'age M 7,
LV11'VPC 107,40 URIC-my IRCIIII JVJVGVGJv JVJIICJI t1
r JI I I
LIEN ON TENANT'S FURNISHINGS
14. The Tenant hereby grants to the Landlord a security interest in the personal property situated on the leased prem-
ises as additional security for the payment of the rent and the performance of Tenant's obligations hereunder.The Tenant
shall execute such documents as the Landlord may require to perfect the Landlord's security interest in such personal
property.Stud personal property shall not be removed therefrom without the consent of the Landlord until all rent due
or to become due hereunder shall have first been paid and discharged,or any default hereunder by Tenant shall he cured.
It is intended by the parties hereto that this instrument shall have the effect of a security agreement upon such personal
property,and the Landlord,upon default of the Tenant of the payment of the rent or the terms hereunder.may exercise
any rights of'a secured party under the Uniform Commercial Code of the State of Colorado including the right to take
possession of such personal property and,after notice us required by statute,to sell the same for the best price that can
be obtained at public or private sale,and out of the money arising therefrom,pay the amount due the Landlord,and all
costs arising from the execution oldie provisions hereof,paying the surplus,if any,to the Tenant.If said personal prop-
erty,or any portion thereof,shall be offered at public auction.the Landlord may become the purchaser thereof.
SURRENDER OF POSSESSION
15. The Tenant agrees to deliver up and surrender to the Landlord possession of&aid premises at the expiration
or termination of this lease,by lapse of time or otherwise, in as good repair as when the Tenant obtained the same at
the commencement of said term,excepting only ordinary wear and tear,or damage by the elements(occurring without
the fault of the Tenant or other persons permitted by the Tenant to occupy or enter the demised premises or any part
thereof),or by act of God,or by insurrection,riot,invasion or commutiun,or of military or usurped power.
FIRE CLAUSE
16. If the demised premises or said building.shall he so damaged by lire or other catastrophe.as to render said prem-
ises wholly untenuntable.and if such damage shall be so great that a competent architect selected by the landlord,shall
certify in writing to the Landlord and the Tenant that said premises.with the exercise at'reasonable diligence,cannot be
mask lit for occupancy within ninety(90)days from the happening thereof,then this lease shall cease and terminate from
the date of the occurrence of such damage;and the Tenant thereupon shall surrender to the Landlord said premises and
all interest therein,and the Landlord may reenter and take possession at,said premises and remove the Tenant therefrom.
The Tenant shall pay rent,duty apportioned,up to the time of such termination of this lease,
if.however.the damage shall be such that such an architect so shall certify that said demised premises can be made
tenantable within such number of days form the happening of such damage by fire or other catastrophe, then the
Landlord shall repair the damage so done with all reasonable speed.and the rent shall be abated only for the period
during which the Tenant shall he deprived of the use 01'said premises by reason of such damage and the repair thereof.
If said demised premises.without the fault of the Tenant,shall he slightly damaged by tire or other catnstruphc but not
so as to render the same untcnantahle.the Landlord,after receiving notice in writing of the occurrence of the injury,shall
cause the same io he repaired with reasonable promptness:but in such event,there shall be no abatement of the rent.
in case the building throughout be so injured or damaged,whether by fire or otherwise(though said demised prem-
ises may nut be affected) that the Landlord within sixty (60)days after the happening of such injury,shall decide to
reconstruct,rebuild.or raze said building.and shall enter into a legal and binding contract therefor,then upon thirty(30)
days'notice in writing to that effect given by the Landlord to the Tenant,this lease shall cease and terminate from the
date of the occurrence of said damage,and the Tenant shall pay the rent,properly apportioned,up to such date,and both
parties hereto shall be free and discharged of all further obligations hereunder.
In the event of a condemnation or other taking by any governmental agency.all proceeds shall be paid to the landlord
hereunder,the Tenant waiving all right to any such payments.
INSURANCE
17. Tenant shall.at Tenant's expense,obtain and keep in full force,fire and liability insurance as may be reasonably
required by the Landlord.Tenant shall provide copies of such insurance policies upon the Landlord's request.
ACCEPTANCE OF PREMISES BY TENANT
18. The taking possession of said premises by the Tenant shall he conclusive evidence as against the Tenant that said
premises were in good and satisfactory condition when possession of the same was taken.
No..553.try.4.II 7,
CV11';AY GI V7.47 DIUC Jay I .7VJ000C.JVI ' Jv711[21 II I'VIII
WAIVER
19. No waiver of any breach of Default of any one or more of the conditions or covenants of this lease by the
Landlord shall be deemed to imply or constitute a waiver of any succeeding or other breach or Default hereunder.
AMENDMENT OR MODIFICATION
20. The Tenant acknowledges and agrees that it has not relied upon any statements,representations,agreements or
warranties,except such as arc expressed herein,and that no amendment or modification of this lease.shall be valid or
binding unless expressed in writing and executed by the parties hereto in the saute manner as the execution of this lease.
PAYMENTS AFTER TERMINATION
21. No payments of money by the'tenant to the landlord after the termination of this lease,in any manner,or alter
the giving of any notice(other than a demand for the payment of money)by the Landlord to the Tenant.shall reinstate.
continue nr extend the term of this lease or affect any notice given to the Tenant prior to the payment of such money,it
being agreed that after the service of notice or the commencement of a suit or after final judgment granting the Landlord
possession of said premises,the Landlord may receive and collect any sums of rent due,or any other sums of money
due under the terms of this lease,and the payment of such sums of money whether as rent or otherwise.shall not waive
said notice.or in any manna affect any pending suit or any judgment theretofore obtained.
HOLDING AFTER TERMINATION
22. It is mutually agreed that if after the expiration of this lease the Tenant shall remain in possession of said premises
without a written agreement as to such holding,then such holding over shall be deemed to be a holding upon a tenancy
from month to month at a monthly rental equivalent to the last monthly payment provided herein,payable in advance on
the same day of each month as above.provided:all other terms and conditions of this lease remaining the same.
ENTRY BY LANDLORD
23. The Landlord shall at all times have the right,by its officers or agents,to enter the demised premises to inspect
and examine the same,and to show the same to persons wishing to lease them,and may at any time within fifteen days
next preceding the termination of this tenancy,place upon the doors and windows of the premises the notice"For Rent",
which said notice shall not be removed by the Tenant.
ATTORNEY'S FEES
24. In the event any dispute wises concerning the terms of this i.ease or the non-payment of any sums under this
Lease,and the matter is turned over to an attorney,the party prevailing in such dispute shall he entitled,in addition to
other damages and costs,to recover reasonable attorney's fees from the other party.
RULES AND REGULATIONS
25. it is further agreed that the following rules and regulations shall he and are hereby made a part of this lease,and
the Tenant agrees that its employees and agents.or any others permitted by the Tenant to occupy nr enter said premises_
will at all times abide by said rules and regulations and that a default in the performance and observance thereof shall
operate the same as any other defaults herein:
(1) The sidewalks,entriek,passages,stairways and elevators shall nut he obstructed by the Tenant,or its agents,or
used by them for any purpose other than ingress and egress to and from their offices.
(2) (a) Furniture.equipment or supplies shall he moved in or out of the building only upon the elevator designated
by landlord(if the building is so equipped) and then only during such hours and in such manner as may be
prescribed by the Landlord.
(b) No safe or article,the weight of which may constitute a hazard or danger to the building or its equipment,
shall be moved into the premises.
(c) Safes and other equipment,the weight of which is not excessive,shall be moved into,from or about the build-
ing only during such hours and in such manner us shall be prescribed by the Landlord,and the Landlord shalt
have the right to designate the location of such articles in the space hereby demised.
(3) Signs,notices,advertisements,or other inscriptions shall not be placed upon any part of the building without
prior approval of the Landlord.
(4) The light through the transoms and glass partitions opening into the halls and other parts of the building shall not
be obstructed in any way by the Tenant.
CUII-VV-CIVi.-Ii UIUCJn7 I flCln♦ JVJUCUCiV1// JVJ IIC 71 II r-f1,I
(5) Rcsn•o urns and other water fixtures shall not he used for any purpose other than that for which the same arc
intended,and any damage resulting to the same from misuse on the part of the Tenant,its agents or employee.shall he
paid for by the Tenant.No person shall waste water by tying buck or wedging the faucets.or in any other manner.
(6) No animals shall be allowed in the offices.halls.corridors and elevators in the building.
(7) Bicycles or other vehicles shall not be permitted in the offices.halls,corridors and elevators in the building,nor
shall any obstruction of sidewalks or entrances at the building by such he permitted.
(R) No person shall disturb the occupants of this or adjoining buildings or premises by the use of any radio or musi-
cal instrument or by the making of loud or improper noises.
(9) The Tenant shall not allow anything to he placed on the outside window ledges of the building,nor shall any-
thing be thrown by the Tenant.its agents or employees.out of the windows or doors.Or down the courts,elevator shafts,
or skylights of the building.
Ill) No additional lock or locks shall he placed by the Tenant on any door in the building unless written consent of
the Landlord shall first have hcen obtained.A reasonable number of keys to the demised premises and to the restrooms
will be furnished by the Landlord,and neither the Tenant,its agents or employees,shall have any duplicate key made.
At the termination of this tenancy,the Tenant shall promptly return all such keys to the Landlord.
(I I) No awnings or window coverings shall be attached to the premises without prior written approval by the
Landlord.
Tenant shall pay for any damage caused by the tenant to any window coverings supplied by the Landlord,
(12) The Tenant,before closing and leaving the demised premises at any time.shall sec that all windows are closed.
in order to avoid possible damage from fire.stonn or freezing.
(1 3) The Tenant shall not install ur operate any steam or gar engine or boiler.OT carry on any mechanical business
in the demised premises.The use of oil,gas or flammable liquids for heating,lighting or any other purpose is express-
ly prohibited.explosives or other articles deemed extra hazardous shall not be brought into the building,
(14) Any painting or decorating as may be agreed to he done by and at the expense of the Landlord shall be done
during regular working hours. Should the Tenant desire such work done on Sundays,holidays or outside of regular
working hours,the Tenant shall pay for the extra cost thereof.
(15) The Tenant shall not mark upon,paint signs upon.cut,drill into,drive nails or screws into,or in any way deface
the walls,ceilings,partitions or floors of the demised premises or of the building.Any defacement,damage or injury
caused by the Tenant.its agents or employees.shall be paid for by the Tenant.
(16) The Landlord reserves the right to make such other and further reasonable rules and regulations as in its judg-
ment may from time to time be needful and desirable for the safety,care and cleanliness of the premises and for the
preservation of good order therein.
Additional Provisions:
1.See Addendum A.Attached
2.Landlord will provide Tenant Improvements as agreed to by Addendum B,Attached
3.Tenant is responsible for individual Electric,gas,and telecommunications charges.
4. Tenant is Responsible for a pro-rata charges for water and sewer based upon estimated usage per unit.
5.Landlord will reserve 1 space at west end of building In parking lot for delivery Vehicle.
No... 51. (Pep b'471
CV I1'VV'LI VJ.YJ LIVG JR7 I NGIII• JV,ULVLJV I/., JVJ f f4.JO 11
ro/11
QUIET POSSESSION
26. The Landlord shall warrant and defend the Tenant in the enjoyment and peaceful possession of the premises
during the term aforesaid.
All titles and captions are for convenience only and arc not a pact of this lease.This lease shall be binding on the
parties,their personal representatives,successors and assigns.If there are more than unc entity or persons which arc the
Tenants under this lease,all covenants and agreements herein to he performed by the Tenant shall be joint and several.
Should any provision of this lease violate any federal,state or local law or ordinance,that provision shall be deemed
amended to so comply with such law or ordinance,and shall he cons d jn a manner o as comply,and the remainder
of this lease shall not be affected thereby. -A
5 llf t ��
Ki eWagna , ' ..- •s�
Executed nn /��I/,,
Mae
J rifer Lut in.,vidua
Attest /�� �yr�^��•- , Attest�(
•
Alpine of Erle,LIC.a limited Liability Company The F we Nook,a Colorado Corporation by:
Lundtnrd Tenant
by Hreeula Bentsen, manager Krlstle Wagner,Manager
Adlln i ActInj,a
PO 8ox 785 Niwot CO 80444 Jennifer Lutz,Manager
• STATE OF COLORADO
County of _ as.
The foregoing instrutnc was acknowledged before me this dry of
by s President
and as Secretary
of
.a corporation.
Mycommission expires:
Witness my hand and official seal.
Nlasry ram iv.
STATE OF COLORADO
County of NS.
The foregoing instrument was acknow ged before me this y of
by
My commission expires:
Witness my hand and offici• seal
Nouuty Puhlic
Mr..+p J, 'P.N.7.17?
Ain% Iiil
.iiillli,l III
-,llililt'III
liiliii III
llllIIIlll
uuui l
lliil�1iillilii 1stNet Real Estate Services, Inc., 3333 S. Wadsworth Blvd. Ste 200
Imoii Lakewood. CO 80227. Phone: 720-962-5750 - Fax: 720-962-5760
LE IFI'ER OF AUTHORITY
To Whom It May Concern:
I,id 4y/3cA-At` & am the owner,and/or agent of the owner,of the following real and/or business personal property:
ADDRESS PARCEL/SCHEDULE NUMBER COUNTY
4 1 1 Olympia Ave. Schedule#R0502191 Boulder County
415 Olympia Ave. Schedule#R0502192 Boulder County
419 Olympia Ave. Schedule# R0502193 Boulder County
423 Olympia Ave. Schedule# R0502194 Boulder County
470 Briggs St. Schedule#R5762386 Weld County
1 do hereby authorize 1st Net Real Estate Services, Inc.to represent my interests and to appear on my behalf before County Assessor.
County Board of Equalization, Board of County Commissioners, the Colorado Board of Assessment Appeals, binding arbitration,
District Court, all Colorado state courts, and/or any other agency or entity with regard to any and all matter(s) concerning the
valuation and taxation of the above mentioned property(s) for tax years 2011, 2012 and any or all previous years as allowed by
Colorado law.
The undersigned requests that copies of all decisions from any of the above entities, or any other agency or entity, as is involved
pertaining to matters of valuation and/or taxation for the above-mentioned property(s),be mailed to:
1st Net Real Estate Services,Inc.
3333 S.Wadsworth Blvd.Suite 200
Lakewood,CO 80227
Phone: (720) 962-5750
Fax: (720)%2-5760
I hereby expressly revoke any and all previous authorizations relating to the Property(s).This authorization shall remain in effect until
this authorization is terminated in a written instrument executed by the undersigned.
Dated this " V
74 day of 20
Owner: ALPIN OF RIE LLC/L R DEVELOPMENT.LLC
Si enature: / ; /I/l
Print Name: Z9 /, A2A-t 7 C
Title: /A
z.
Address: PO Box 728
City, State,Zip: Niwot CO 80544 --77�
Phone: 303-585-0359 Fax#: 3 s T�3 ? Z q
? //
STATE OF COLORADO )
) SS <
COUNTY OF ) „zeta A ,,-5'-'-'3 BROW
$3aor to and sub ribed before a this day of r by la,Witnes my hand and official seal. ;!
My Commission expires QR/i —d l 3 c .
ry Pub .•I').;,:,-, .-y� ce"
/x‘Address `
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