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HomeMy WebLinkAbout266966~K 28 PACE538 ~T, LIiCIE CQI~NTY. FLA.' WHEREAS the parties hereto are desirous of amending Paragraph numbered 3. of said Amendment to Lease as is herein provided; NOW, THEREFORE. in consideration of the sum of X1.00 each to the other in hand paid, it is mutually understood and agreed by and between the parties hereto that Paragraph 3. of said Amendment to Lease bearing date of March 31, 1960 be, and the same is hereby amended to read as follows: 3. The option of renewal as is contained in paragraph numbered (15) of the original Agreement of Lease is hereby amended to apply to an additional term of forty-four (44) years from and including the first day• of April, 1966, for, and during, and until midnight of the 31st day of March 2010, for a rental to be paid by Sunrise to Rappotd in the sum of ;172, 800.00 to be payable in successive monthly installments beginning April 1, 1966, and continuing on the first day of each and every succeeding calendar month of the renewed term, in the amounts as follows: X250.00 for the first 60 months of the renewed term; X300.00 for each of the then next ensuing 120 months; and X350.00 for the then remaining 348 months; att other terms and conditions of the origin.alty granted Option for Renewal of Lease following the base term as specifically set forth in sub-paragraphs (a). (b) and (c) of said paragraph "~ (15) of the original lease shall co~inue•in lull force and effect.