2026-07-14 · Board Packet · Page 26

Lease Agreement
Between
The Board of Education of the Los Alamos Public Schools
And
Carla Jaramillo  dba “Hair Experts”
INITIALS: ____________  & _____________      PAGE 13 of 15      
   LESSEE                       LESSOR                                                
           
d. As further security for the performance of Lessee’s obligations hereunder, Lessee 
hereby grants to Lessor a Landlord’s lien upon Lessee’s furniture, fixtures and personal 
property located on the Leased Premises.  In the event of an uncured default hereunder, 
Lessor shall be entitled to levy on such personal property under the terms of the 
Uniform Commercial Code.
e. Notwithstanding any provision in this Lease to the contrary, and without limiting 
Lessor’s other rights and remedies provided for hereto or at law or equity, if Lessee fails 
to pay within the ten (10) day grace period, any Base Rent or any other charges owing 
under this Lease more than two (2) times within any twelve (12) month period, then 
Lessor, at its sole election and in its sole and absolute discretion, may:
1. Terminate the Lease and evict the Tenant from the Premises (as described in 
Article 21b); and/or,
2.   Require that, beginning with the first monthly installment of Base Rent next due, 
the Base Rent shall no longer be paid in monthly installments, but shall be 
payable in advance on a quarterly basis, on the first day of the first month of the 
subsequent three-month period.
ARTICLE 22 - NOTICES
Notices required by this Lease shall be provided in writing and shall be deemed properly served 
if delivered personally or sent by certified mail, return receipt requested, to Lessor at 2075 
Trinity Drive, Los Alamos, New Mexico 87544, and to Lessee at 2101 Trinity Drive, Suite T and 
Los Alamos, New Mexico 87544.
ARTICLE 23- NON-APPROPRIATION
The performance of Lessor’s obligations under this Lease is contingent upon sufficient 
appropriations and authorization being made by the Legislature of New Mexico for the 
performance of this Lease.  If sufficient appropriations and authorization are not made by the 
Legislature, this Lease shall terminate upon written notice being provided by the Los Alamos