HomeMy WebLinkAbout0923 I~ASE A(iR.FE.'`g3~T
1862s3
This Lease made and entered into thiB lst day of pQteber . 19
by s~1d bet~?ee11 F.r~resir~_ In~nrmrated _ ~
(herein called "Leaeor" ) and An~i ~ri tv nf tt?R .i ~ p ~,-t pi a,~e .
a boc~y corporate and politic, organized and exiating under the lawe of the
State of Florida (herein called "Authority"). This Lease shall be sub3ect to
the approval of the IInited Statee of America acting through the Department of
Housing and IIrban Development.
~ WITNESSh'TH:
That the partiee hereto for the consideretion hereinafter set forth covenant
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and agree as folloxs:
1. Pbr the purpose of providing safe, decent, and sanitary housing for
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persona of lou? income pureuant to the provisions of the Housing Au- ~
thorities LaW of the State of Florida, the Lessor hereby leases and ~
, rents to the Authority the dvelling units described in Section 1 of ;
Erhibit "g" Which is attached hereto and mede a part hereof (herein ~
cal2ed the "Premises"). It is hereby agreed that the Lessor may
lease to the Authority the c3~?elling units identified in Section 2 ~
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of Exhibit "A" from time to time as such dwelling units become i
available and that said units may be added to this Lease by inserting
in said Section 2 of ~hibit "A" in the spaces provided therefor the
date such units are covered by this Lease, date rent to com~ence, et
; cetera. If and r+hen a dwelling unit has been added to this Lease,
i it shall become a part of the Premises herein leased and shall be
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j sub3ect to all of the terms; conditions and approvals set forth and
~ provided in this Lease Agreement and Exhibit "A" hereof. The Premises ?
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~ ahall be sublet by the Authority to lo~r income families selected by ~
it to be used and occupied solely by the sublessees as private dvel- ~
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~ linge. The Authority reserves to itself the responsibility of ;
~ deter~n?n~ the eligibility of a sublessee for admission and contimxed ~
~ occupancy and also the sole right to give notice to the sublessee to
~ vacate, but the Authority shall consider, but shall not be bound by,
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representations f~om the Lessor as to te~~nAtion of tenancy. f
~ 2. The Authority sha12 have and hold the premiaes for a term of
~ Year( 8) beginninS ~etn-~r i , 1 q~_ and exniri_ng ~
a
~ :;a a~hpr ~n s ~ 9 ~
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_ , 3. This Lease of said Premises is automatically renewed upon same terms ~
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, and conditions for an additional te~ of five (5) years beyond the ;
' .first term at the sole option of the Leaeor, unless seid Lease has
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_ previously been temm~TAted in accardance r+ith the provisions herein- ~
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after aet forth. The e~cpiration date of the term of all dWelling ~
units covered by this Lease shall be the samo and the renexal provi- ~
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eions shall relate to all dwelling units regardless of tre date such ~
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Y' units xere included in this Lease. t
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BOOK~~7~ PAGE ~7~
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