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{ 5. Rent: Late Fee: Locks: The Tenant will pay the Monthly Rent to the Landlord as rent payable in advance on the hrst (1') day oteach month forthe use and occupancyof the Premises. lf the Term commences on a day other than the first day of a month, then the rent for the first partial month is due on the execution of this Lease and willequalthe Monthly Rent prorated based on the number of days in the month. Means of PaYment: 6. Priorto the commencement of the Term, the Tenant will make arrangements to pay the Monthly Rent by direc!debit to the Tenant's bank a""or:nt, bydeliver[o the Landlord of twelve (12) post-dated checks. payable to the Landlord each in the amount of the Monthly Rent (with ir"6v" (12) new checks being delivered for each subsequent year), or such other arrangements as may be acceptable to the Landlord. Dishonored Checks: lf any check provided by the Tenant to the Landlord is not honored when presented foi payment, on receiving notice of the dishonored check the Tenant will imhediately pay the amount owing, together w1h a processing fee of $5O.OO, by certified Check, bank draft or such other form of payment the Landlord maY accept. 7 8.lf the Tenant does not pay the Monthly Rent when due, in addition to any other remedies specified in this Lease, the Landlord may impose a lqte i". tor each monih that the Tenant does not pay the Monthly Rent when due equal to the greater of $20.00 and 20o/o of the Monthly Rent, whichever is grealer, as permitted by Section 19.150.150 RCW. Security DePosit: g. On or before the commencement of the Term, the Tenant will pay to the Landlord a security deposit equal to the amount of the Monthly Rent which the Landlord will nbU as security for the Tenant's obligations under this Lease. The Landlord will supply the Tenant with a lock and two keys for use on each exterior doorto the Premises. 10. Ground Lease Exhibit C - 4