<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-INCLUDE-2023-936

This serves as a summary of the commercial lease executed on 2023-10-24 between the Lessor, Silva, Miller and Morgan, and Lessee, Robinson-Evans. The subject of this agreement is the Warehouse property at 87661 Stewart Haven Apt. 409, Suite 1861, East Matthew, Utah 42804, comprising approximately 21,457 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 84 months, commencing on 2024-03-23. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $27,472.24, payable on a monthly basis. A security deposit of $27,472.24 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 9.7% taking effect on 2025-03-23. Additional rents include Operating Expenses (CAM) (Fixed annual contribution), Common Area Utilities (Pro-rata share (13%)).

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

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 notably absent in the agreement. Any potential disputes are to be resolved via Mediation followed by litigation in the State of Oklahoma. Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-INCLUDE-2023-936",
  "document_date": "2023-10-24",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Silva, Miller and Morgan",
      "entity_address": "947 Anthony Vista\nKristinmouth, AK 99422",
      "contact_person": "Christopher Barron"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Robinson-Evans",
      "entity_address": "097 Obrien Flats\nRobertchester, MO 49966"
    }
  ],
  "property_details": {
    "property_address": "87661 Stewart Haven Apt. 409, Suite 1861, East Matthew, Utah 42804",
    "square_footage": 21457,
    "property_type": "Warehouse",
    "unit_identifier": "Suite 1861"
  },
  "lease_term": {
    "start_date": "2024-03-23",
    "term_duration_months": 84,
    "renewal_options": []
  },
  "financial_terms": {
    "base_rent_initial": 27472.24,
    "rent_frequency": "monthly",
    "escalation_schedule": [
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2025-03-23",
        "increase_value": 9.7,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2026-03-23",
        "increase_value": 4.17,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2027-03-23",
        "increase_value": 4.58,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2028-03-22",
        "increase_value": 7.42,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 4292.52
      },
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Pro-rata share (13%)"
      }
    ],
    "security_deposit_amount": 27472.24
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Structural repairs to building exterior and roof",
      "Landscaping and snow removal",
      "Parking lot maintenance"
    ],
    "lessee_responsibilities": [
      "Janitorial services within leased premises",
      "Pest control within the unit",
      "Interior non-structural maintenance"
    ]
  },
  "use_restrictions": [
    "No hazardous materials permitted on the premises without prior written consent.",
    "Business operations restricted to 8:00 AM to 10:00 PM."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": false,
    "sublease_assignment_terms": "Permitted only to an affiliate entity with 30 days prior notice.",
    "dispute_resolution_method": "Mediation followed by litigation in the State of Oklahoma"
  }
}