<format type="json">{agreement_id: string, document_date: date, lease_parties: list[{party_type: string, entity_name: string, entity_address: string optional, contact_person: string optional}], property_details: {property_address: string, unit_identifier: string optional, square_footage: number, property_type: string}, lease_term: {start_date: date, end_date: date optional, term_duration_months: number, renewal_options: list[{option_number: number, renewal_period_months: number, notice_period_days: number, rent_escalation_method: string}]}, financial_terms: {base_rent_initial: number, rent_frequency: string, security_deposit_amount: number optional, escalation_schedule: list[{escalation_type: string, effective_date: date, increase_value: number, increase_unit: string}], additional_rent_components: list[{component_name: string, payment_structure: string, estimated_annual_cost: number optional}]}, maintenance_obligations: {lessor_responsibilities: list[string], lessee_responsibilities: list[string]}, use_restrictions: list[string], legal_provisions: {force_majeure_clause_present: boolean, sublease_assignment_terms: string, dispute_resolution_method: string optional}}</format> <data>**INTERNAL MEMORANDUM - LEASE ABSTRACT**

**TO:** Portfolio Management Team
**FROM:** Legal & Compliance Dept.
**DATE:** 2025-08-13
**RE: Summary of Executed Lease Agreement: LEASE-DEFENSE-2023-255

This serves as a summary of the commercial lease executed on 2023-12-30 between the Lessor, Rodriguez-Lucero, and Lessee, Smith-Simmons. The subject of this agreement is the Retail property at 91455 Gary Ports Suite 061, Suite 1860, Paulafurt, Wisconsin 00576, comprising approximately 1,662 square feet. All relevant documentation has been filed under our standard procedures, and the original document is stored in the main vault.

The lease term is set for 36 months, commencing on 2024-05-30 and concluding on 2027-05-30. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $1,131.20, payable on a annually basis. A security deposit of $2,262.40 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 5.49 $/sf taking effect on 2025-05-30. Additional rents include Operating Expenses (CAM) (Fixed annual contribution), Management Fee (Pass-through).

Regarding property maintenance, the Lessor is responsible for: Landscaping and snow removal; Structural repairs to building exterior and roof; HVAC system maintenance and replacement. The Lessee's duties include: Pest control within the unit; Janitorial services within leased premises. Use of the premises is specifically limited. Key restrictions include: Business operations restricted to 8:00 AM to 10:00 PM. Signage must be approved by Lessor. No hazardous materials permitted on the premises without prior written consent.

From a legal perspective, the terms regarding subleasing or assignment are as follows: Permitted only to an affiliate entity with 30 days prior notice. A force majeure clause is present in the agreement. Any potential disputes are to be resolved via Litigation in the jurisdiction of the property location.. Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-DEFENSE-2023-255",
  "document_date": "2023-12-30",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Rodriguez-Lucero",
      "entity_address": "3021 Kramer Street\nWest Luis, MO 53660",
      "contact_person": "Joann Petty"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Smith-Simmons",
      "entity_address": "86340 Michael Street Apt. 752\nHannahborough, NV 63760"
    }
  ],
  "property_details": {
    "property_address": "91455 Gary Ports Suite 061, Suite 1860, Paulafurt, Wisconsin 00576",
    "square_footage": 1662,
    "property_type": "Retail",
    "unit_identifier": "Suite 1860"
  },
  "lease_term": {
    "start_date": "2024-05-30",
    "term_duration_months": 36,
    "renewal_options": [],
    "end_date": "2027-05-30"
  },
  "financial_terms": {
    "base_rent_initial": 1131.2,
    "rent_frequency": "annually",
    "escalation_schedule": [
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2025-05-30",
        "increase_value": 5.49,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2026-05-30",
        "increase_value": 9.5,
        "increase_unit": "percentage"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 3302.02
      },
      {
        "component_name": "Management Fee",
        "payment_structure": "Pass-through",
        "estimated_annual_cost": 9303.71
      }
    ],
    "security_deposit_amount": 2262.4
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Landscaping and snow removal",
      "Structural repairs to building exterior and roof",
      "HVAC system maintenance and replacement"
    ],
    "lessee_responsibilities": [
      "Pest control within the unit",
      "Janitorial services within leased premises"
    ]
  },
  "use_restrictions": [
    "Business operations restricted to 8:00 AM to 10:00 PM.",
    "Signage must be approved by Lessor.",
    "No hazardous materials permitted on the premises without prior written consent."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": true,
    "sublease_assignment_terms": "Permitted only to an affiliate entity with 30 days prior notice.",
    "dispute_resolution_method": "Litigation in the jurisdiction of the property location."
  }
}