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HomeMy WebLinkAboutEtringer, Robert J. and Lucile M.-Dwelling Unit Rental Agreement-07.07.2008 r i 71 IOWA STATE BAR ASSOCIATION FORTFGLEFTOU THE USOF FOfficial Farm No.161 THE LEGAL Y WYER sTA: 2 ?_2- dff ii 4� f . 5qx =S91 ,• DWELLING UNIT RENTAL AGREE ANT os IT IS AGREED, by and between City of Waterloo, Iowa Landlord,and Robert J. Etringer and Lucile M. Etringer, husband and wife. Tenant: That Landlord hereby lets to Tenant, and Tenant hereby leases from Landlord, the following described premises situated in Black Hawk County, Iowa, to-wit: House, garage and surrounding grounds (except land under cultivation) at 2375 Independence Avenue, Waterloo. hereinafter referred to as the"dwelling unit", in consideration of the mutual promises of the parties herein, and upon the following terms, provisions and conditions: 1.TERM. The duration of this Rental Agreement shall be from the 1 s.t day of June, 2008 ,to and including the 31st day of May 2009 2. RENT.Tenant agrees to pay to Landlord,as renal for said term,as follows: $500.00 per month,in advance,the first rent payment becoming due upon (Strike tai ,N � � One) (ii) the 1st day of June. 2008 Marna and the same amount per month,in advance,on the 1st day of each month thereafter during the term of this Rental Agreement,with interest on all delinquent rental at 9_ %per annum. All sums shall be paid to the Landlord at City Clerk's Office, 715 Mulberry Street, Waterloo, IA , or at such other place as Landlord may,from time to time,direct. 50703 3. DEPOSIT SECURITY. At the time of execution of this Rental Agreement, Tenant shall pay to Landlord in trust the sum of $ , (not to exceed two months' rent)to be held and disbursed as a rental deposit pursuant to the provisions of the Iowa Uniform Residential Landlord and Tenant Act). 4. USE-ABSENCES. Unless otherwise agreed in writing, Tenant shall occupy and use the above-described property as a dwelling unit. Tenant shall notify Landlord of any anticipated extended absence from the premises not later than the first day of the extended absence. 5. UTILITIES.Utilities shall be furnished and paid for by the party indicated on the following chart: Landlord Tenant Electricity 0 100% Gas 0 100% Water 0 100% Garbage 0 100% Trash Removal 0 100% Other 0 100% 6. UTILITY RATES. Tenant hereby acknowledges that Landlord, or the person authorized to enter into this Rental Agreement on Landlord's behalf, has heretofore fully explained to Tenant the utility rates,charges and services for which Tenant will be required to pay, other than those to be paid by Tenant directly to the utility company furnishing service. 7. MANAGER. Noel Anderson, Community Planning & Development Director whose address is 715 Mulberry Street, Waterloo, TA 50703 is the person designated by Landlord to manage the premises(and to receive and receipt for all notices and demands upon the owner of the premises). 8. MAINTENANCE BY LANDLORD.Landlord sha l: (a) Comply with the requirements of applicable building and housing codes materially affecting health and safety. (b) Make all repairs and do whatever is necessary to put and keep the dwelling unit in a fit and habitable condition. (c) Keep all common areas of the premises in a clean and safe condition, but Landlord shall not be liable for any injury caused by any objects or materials which belong to, or which may have been placed by, a tenant in the common areas of the premises used by Tenant. (d) Maintain in good and safe working order and condition all electrical, plumbing, sanitary, heating, ventilating, air-conditioning, and other facilities and appliances, including elevators,supplied or required to be supplied by Landlord. 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'aouaplsaJ Ap eL9 'e h6u!! s! !U U!ft3A a. peao � yl lK 'UO!pauuoo d /clll!ln ;oanp !q papddns pue ;ueuai ;o IoJ;uoo anlsnloxa ay; Uly;!M uogelle;su! lie Aq paleJaua6 s! Ja;eM ;Oy JO ;Bay ley; pa;onJ;suoo os s! ;pun 6upleMp ay;Jo 'esodJnd ley;Jo; peddmbe eq o;Mel Aq paJ!nbeJ ;ou sl gun 6wilaMp ay; sapnpu! ley;6ulppq ay;eJemM;daoxa';may algeuoseaJ pue saw!;Ile le Ja;eM;oy;O slunowe algeuoseaJ pue Ja;eM 6u!uunJ Aiddng (;) ADDENDUM TO DWELLING UNIT RENTAL AGREEMENT The following terms are made a part of the Dwelling Unit Rental Agreement by and between City of Waterloo, Iowa, as Landlord, and Robert J. Etringer and Lucile M. Etringer, husband and wife, as Tenant. A. Notwithstanding any term or provision in this Rental Agreement to the contrary, Tenant will be solely responsible, at its own cost and expense, to care for the premises, including but not limited to all buildings and grounds, and to perform all acts of repair, maintenance, or upkeep that may be necessary. Tenant is also responsible to perform, at its sole cost and expense, all duties set forth in Section 8 of the Rental Agreement. B. The term hereof shall renew automatically on the same terms for any number of additional terms of one year each. Tenant may terminate this Rental Agreement at any time and for any reason upon thirty(30) days advance written notice to Landlord. This Rental Agreement shall be deemed terminated by Tenants upon the death of both of them or upon their moving from the residence without the intent to return within thirty(30) days. In addition to its right to terminate pursuant to Section 15, Landlord may terminate this Rental Agreement at any time and for any reason upon one hundred eighty(180) days advance written notice to Tenant. C. Tenant is advised that Landlord provides no insurance for the benefit of Tenant or its property. Tenant's are solely responsible, at their own cost and expense, to procure whatever insurance they consider necessary or advisable to protect themselves against liability and/or their property against damage or loss. D. This Rental Agreement is subject to approval by the city council of the City of Waterloo, and shall not be legally binding without such approval. LANDLORD TENANT City of Waterloo, Iowa By: / ( / TimothyJ. H.jMayor obert J. Etringer Attest: r� .. Nancy Eckert, City Clerk wile M. Etringer 2 INDEj BLACK HAWK COUNTY,IOWA:ss FEE BOOK# ZOO J U�+ • PROOFFILED FOR RECORD,INDEXED AND DELIVERED TO THE COUNTY AUDITOR TUN 2 7 2005 ,AT 4:00 P{v1, REC FEE 1-15.00/AUD FEE 5.00/ E—COM 1.00/ COMPARED %J' JG BLACK HAWK COUNTY RECORDER ENV CLARK BUTLER WALSH & HAMANN STATE OF IOWA; SS BLACK HAWK CO. E red fgt.taxation ' 0 .Jury year aat» Lem Auditor Tax Info: Waterloo Industrial Development Association Deputy 10 W 4th St Ste 300 Waterloo IA 50701 Prepared by: Christopher S.Wendland,P.O.Box 596,Waterloo,IA,50704. 319-234-5701 UNIFORM REAL ESTATE CONTRACT This Uniform Real Estate Contract(the"Contract"), made and entered into this 23rd day of June, 2005 by and between Robert J. Effinger and Lucile M. Effinger, husband and wife, ("Seller") and Waterloo Industrial Development Association, as agent for the City of Waterloo, Iowa ("Buyer"): WITNESSETH, that the Seller sells to the Buyer and the Buyer purchases the following described real estate (the "Property") situated in Black Hawk County, State of Iowa, to-wit: The East Half of the Southeast Quarter of the Southwest Quarter; the South Half of the East Half of the Northeast Quarter of the Southwest Quarter;the Southwest Quarter of the Southeast Quarter,except the East j 66 feet thereof;and the South Half of the Northwest Quarter of the Southeast Quarter,except the East 66 feet thereof; all in Section 20, Township 89 North, Range 12 West of the 5th P.M. in Black Hawk County, Iowa, except that part conveyed to the State of Iowa by Warranty Deed recorded in 526 Deeds 89 and except that part conveyed to the City of Waterloo by Quit Claim Deeds recorded in 536 LD 985 and 541 LD 787 and further except that part lying Northerly of the Northerly right-of-way line of Bishop Avenue and also except Bishop Avenue right-of-way conveyed to City of Waterloo in 571 LD 613. SUBJECT TO ALL RESTRICTIVE COVENANTS OF RECORD AND EXISTING EASEMENTS,IF ANY,and to the provisions of zoning ordinances and proposed special assessments for improvements which have not been completed and accepted by the city council. INCLUDED in this sale if located in or on the Property and if owned by Seller are roller shades,curtain rods and fixtures,linoleum cemented to floors,carpeting, fireplace grate, screens,andirons and tools,storm and screen sashes and doors,water heaters, water softeners(except rentals),plumbing and lighting fixtures(including fluorescent bulbs but not mazda bulbs),air conditioning equipment (excepting window type), television tower, antenna, rotor and controls, awnings, door chimes, venetian blinds, all shrubs and trees,and all other fixtures not hereinafter specifically reserved by Seller in writing. 1. THE TOTAL PURCHASE PRICE for the Property is Three Hundred Fifty Thousand and 00/100 Dollars ($350,000.00), payable at Black Hawk County, Iowa as follows: A. The sum of One Hundred Ten Thousand and 00/100 Dollars ($ 110,000.00), RECEIPT OF WHICH IS HEREBY ACKNOWLEDGED; and B. THE BALANCE OF PURCHASE PRICE OF Two Hundred Forty Thousand and 00/100 Dollars ($ 240,000.00), as follows: Payable in three equal annual principal installments of$80,000,plus interest on the outstanding balance at the rate of 4% per annum, commencing on June 1, 2006 and continuing until paid in full on or before June 1,2008. 2. POSSESSION is to be given Buyer on the dosing date,June 23,2005,subject to Seller's right to continue to occupy the Property on the terms set forth herein. Buyer agrees to take possession subject to the rights of tenants now in possession. YES 3. TAXES AND INSURANCE. Sellers shall pay,prorated to the closing date,the installment of general property taxes on the Property which will become delinquent if not paid by March 31, 2006, and all prior installments; Buyer shall pay all subsequent general property taxes prior to becoming delinquent. If any installment of general property taxes is to be pro-rated and such pro-rating cannot be determined by the date for settlement thereof,such pro-rating shall be based on the amount of the last determinable installment, proportionately adjusted by any change in the assessed valuation attributable to capital improvements and which are determinable on the date of settlement. Buyer shall pay the cost of all street oilings which are not liens on the date hereof. Seller shall pay all sewage disposal assessments due and special assessments which are liens against said premises on the date hereof, except those for improvements which have not been completed and accepted by the city council on the date hereof,which Buyer will pay. Seller shall maintain its own HAZARD INSURANCE on the buildings,including but not limited to its current homeowners insurance on the residence,on the Property at its own expense for the benefit of the interested parties as their respective interest may appear,to the date of possession. Buyer shall be named as an additional insured on any such policies. At closing and within thirty (30) days of each renewal of required insurance policies, Seller shall deliver to Buyer a certificate showing Buyer as an additional insured. Buyer may buy additional insurance if it so desires. From and after delivery of possession,Buyer shall provide RECEIVED BLACK HAWK COON Ty ASSESSOR t� "� �. �I