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before the first day of each calendar month during the term of this Lease, in <br /> advance. The monthly rent shall be ONE THOUSAND THREE HUNDRED <br /> FIFTY-FOUR DOLLARS ($1,354) per month for one unit, TWO THOUSAND <br /> SEVEN HUNDRED EIGHT DOLLARS ($2,708) per month for two units. <br /> (B) Rental Adjustments. The rent shall not be adjusted for <br /> the first ten (10) years of the term. The rent may be adjusted on January 1 of <br /> the eleventh (11th) year and each tenth (10th) year thereafter. Following an . <br /> adjustment, the rent will remain fixed for ten (10) years. The adjustment <br /> shall be based on market conditions and cannot exceed twenty-five <br /> percent (25%) of the then-current rent. Tenant and Landlord may each <br /> submit information to the other establishing the market conditions then in <br /> effect and the reason for any adjustment. Tenant and Landlord shall act in <br /> good faithh and cooperate with one another in establishing any adjustment. <br /> (C) Payments. All rent to be paid by Tenant to Landlord shall <br /> be in lawful money of the United States of America and shall be paid without <br /> deduction or offset,prior notice or demand, and at such place or places as may <br /> be designated from time to time by Landlord. <br /> 5. Utilities. During the term of this Lease, Tenant agrees to pay all <br /> charges and expenses in connection with utility services and to protect. <br /> Landlord and the Leased Premises from all such charges and expenses. <br /> 6. Repairs and Maintenance. <br /> (A) At all times during the term of this Lease, Tenant shall, at <br /> its cost and expense, maintain the Leased Premises and all improvements <br /> thereon in good order and repair and safe condition, including but not <br /> limited to, fences and roadways predominantiv used by Tenant. Tenant shall <br /> Gmund Lease/VNQ'A/Lodi 03791/103 <br /> -2- 14aec92 mmc <br /> g d dET =60 so ao 2nd <br />