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HomeMy WebLinkAbout0702 . . . . . . ? - ~ • • ~ . • • ~ , .I ; ~ ~ , = ~ . . • , . - ` LSA3S AQREI+I~N'i~ , _ - . . . ~ _ . , . ~~~rJ$s~. ~ ~ - . S LSASS AORBEMSNT •entered into ~this . _ d~t ot . . - ~ , 196a,~between WILBUR~QUNNOS as Lesaor to . ~ PAN.AMSRICAN TZAS ~0. OF FT. PZBRCB, INC~~ a Fiorida Corporation ~ ' ~hereinatter Qalled tbe Lessee: ~ . ~ . ~ ~ . WITNE338TH,~ the Lesaor does 'here~ laaae unto the Leasee • . s- the lollaxing desaribed p~operty situaLed in Saint~Luale-~County~- ' ~ Florida to wit s . . - , ~ . ~ ~ , ' 2903 South 4th 3treet.or tbe Bast 300 leet . ~ ~ ~ • . of Lot ~7, Maravilla aardens Subdivision~ ~ ~ Unit 1~ Plat Book 6, Page-55, 3alat Luaie ~ • ~ . . County, Florida.- . ~ - . . _ ~ . ~ tor;tbe tes~a o! ten (10) years beginning the day that the buiiding ~ ~ . . ~ ta be aonstruated thereon le aomplete~. . ~ - , . , € The lot area_to the_rear o! tbs above deacribsd property ~ s . ~ _ , . ~ . - - . ~~xill be developed at s~me future date lor~an allied buainees ~ ~ operatlon. Thie Leasee hereby. agrees that the Leaso~, t~tILBtTR ~ QUNNQB' as eating manager•rill ahare in a percentage o! tbe . ~ , neti profit before Pederal Taz. 'The Lessee~turther agraes thst s~ , Pan Ameriaan Tire Co. of Fla., inc. or an1? ot its suDsidiariee ~ r:; .i ~ xill not engage in another tire~operatioa~in Sainti Lucie County ~ : - ~ • ~ _ ' . • i: ! !or the tera~ o! ten ~10) years. ~ . . , . ; _ : . . The minimum rent due under thia Lease ahall- be. , Four Hursdred : ~ Fifty (~450.OOj Dollara per mohth. The total reat due u~der this ~ ~ ~ Leaae is three (3~~ percent ot the monthly "aroas Receipts". The . , ~ "aros~•Receipts" ehali be auditad at tbe end o! eaah quarter ot ! 4 ' ~~this Lease and suob additional amouat rental ae ~aa~y be due and " , . . • ~ owing over. the ndnimum bha].2 be paid xithin ~ten ~14) . daye after ~ ; - - . - ; ~ the eiad ot eacb quar~er o! this Leaae. The terat "groas reaeiptsp . y~ ' . .S . as e~sa herein shali maan to inalude the gross a~ouat received b~ ~ ~ ' ~ • the Leasea lrom all salea o~a the leased prentsea bot~ oash snd by~ - - ~ credit less a11 salea a~ad Federal 8~ccise Tas reaeipt;, rbiab have : r been aacounted tor by the Lessee, and leas any r~eturn~d it~ms-!or ~ ~ ~ Mhicb~aredit Ss given. The Leseee ehall keep oomplete and propor _ j' ~ . . . . ~ - . ~ ~ books iu aaaordanae xitb tbs norma~~ aacownting proaedures an~"'t~e - ~ f - ~ - . • . Lessors ma~, onae its any aaleadar year, asuse aa au~di~ to ssiQ books - ~ , • - , ` • . • ~ •i 2t ~ - • - ~ j~ artd bus~nees ~ to astablish ~ nertitloution o~' groas ssl~s,~-- b s.~~'' ~ ` ' F ' - - - . - RK ' ~ $9 'rA ~ ~ ' . . - 0' ~ ~.L 2 . . . - - . . - . . . . • . ~ ~ . ~ ' ' . ~ • - ,