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L E A S E ~86~'~3
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2. This Lcase made as o( the llth da~ o~ ~Ft~fe~F~ Febl ualy . 19 9. bl and be~wcea
KIMCO FT. PIERCE, INC.
3, Lessor (Aercinaftet allcd lindlord), and SUPERX DRUGS OF FLORIDA ~ INC. .
• . Leuee (hereinafcer allcd Tenanc).
S. Fot and in considentian of t rental ot One Dollac (=1.00) and other ~ood and valuable considerations. the receipt and sufficienq
6. of ~rhich ~re heab~ aknowled~ed. the I.~ndlotd does herebp leae and demise unto Tenant, upon and subject to euh of ~he co+enanq
7, and undenakin~p hercina(ter set (orth a~ well a euh and eren co~enant, ~Rrcement, and undenakin~ set (orth in a«nsin Irase agra-
8. ment betncen lindlord and Tenant and beatin~ eren date !~e !y (herq iQ,aftY alled~g Aarcement and which is herebr incorporated
9. he~rin (ot dl purp~ses).~ storetoom. which is or ahall be ~j~ X 1•5 Out8ld~i~li dimeniion~. (hereina(ter called ~he
10. "demised premisa"). beina loated ia and a prt oE 8 Shoppina Ceacer.
11. which en~ire 5hoppina Cencer is slwwn on the pla plan atnched co Leau Aareemen~. witl~ the demised premises beioa outlined ia [ed
12. therca~, tosether ~rith each and eveq appuctenancr theteto, which Shoppina Centet L laattd~ Oll U. S. Route ~1 .
i3. in che G4 0( Ft . Pierce . c~n ~ St. Iucie ..na saK ~r Florida
1~. Toaecher wich ~he right, ptnilcae aad ea~emeat co we. in coenmon with aher cenanes. di of the ShoppinR Cencer not occupied
1S. bp store buildings, or shown oa the plot 1an to be dditiet~ or laadin~ area. Tenant shall ha~e uniaterruptcd acess to ip loadina area
16. and docb u dl cima. Snch pra of ctrc ~~tl ~eaa Cence~ ~s ~a aa co~ercd b~ uote buildin~s accortlins eo rhe pla plan shall be callcd
17. che "common ~rea." 1'he commoo uea maiaaiaed for uaobsceucted pedescriaa [nffc and tor ~he parkrng of automobila aad
18. aher r~rehicla of the Ten~nt and »ons cndi wid~ witb emat and aher a of recoi~a
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wa s pa c~a~., anc~~ersons`~rac~ng r oing ~usiness w~ suc~
2a. 'iLe~~i~~eLerspremi~a te .?hk6 drc demi~cd pemae..ue ~«uca .re moec pa~ticulad~ aacribed n fdlows:
See Schedule "A" attached hereto and made a part hereof.
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21. To haac andtp hd~ tbe ~ame for a bcainai~a m~ f ir s t .daj of lSltlgUS t , 19 6 9. .
22. and endiag on the 18S d~~ of ~ll~y . 19 2S4 . at midn~ht unlas sooner terminated as in t6e
23. Leax Agceeraeet pmvided os permitted.
24. Trnanc shall be enhded ~ three ( 3) snccessi.e renrwds lieceof, euh for a cerm oE f ive ( 5)
25. yean u che same cerms and condicioos as bercia sec forth. e:cep: as to term and number of rene.vals, and unleu Tmanc shall
dajs prior to t6e e:piruian of the oriaioal term. or of an~ rentval thereof. of its intention to
~ in e t , terminate this Lease, it shall be to. have e:ercised ~ts opcion to rcnew~ this LrASe for the nac[ ensuing cerm and shall ooc be
. required to gi~e aa~ fuctl~er natice of its intencion to avail itself of wch renewal tertn. lo che e~eot Tenant should sire nocice of ia , Z
29. intmtion na to ezercise ia riah[ to rcnew chis Lease. all succec+din~ n~newals sMll thereupon terminate. ~
' 30. Should Tmant crmiin ia poaseuioe of the demised prcmises afar cermimtion of this l.~ase or of anr rrne.val term of which
31. Tenant shall hare arailed itself or after an~ eadiec terminanon provided or permitted hercin or bp the Ixase Agrcemenc. it shall be a ~
; 32. tcnant from month to month ac che same rmal and on the same condi[ions, rzcept as co term. u 6erc~nna pr~idcd. ;
' 33. Landlord co~enanu and agaes. from and after the date hereoF and so IonR as this Lcase shall be in effccf, na to lease, rent, ~ t•
{ 34. occupy, or su(fer or permic to be ocNpied. aa~ part of the Shopping Center prcmises or an~ aher premisa owncd or controllcd; dircctl~ O
~ 35. or iod~realy. either b~ landlord, ia suaeuon, hein, or assiRos, or Landlord's principal ovnen, stockholden, ~direccors, or officers. or ~
, 36. their assignees (hereinafter cilled Ownta). wrhicb arc wit6in 1500 ~feet of the Shopping Crnte
~ 37. (or the purpose of conduccing therein or for iue as a drugstorc or a pharmaq departmeor, and further, that if Landlord or =
~ ;B. Owmers own sny land, or hercina(ter during the term of chis Lease Landlord or Ownen acquue an~ (and aithin such disance of the
~ ~ Sho i C~nter neither will conve~ the same w~ithout imposing thereon a-rcstriction to securc cotnpliance ~vich the terms of this Ltase.
~ . urt r ov~ , ~vev ~ (int Mortgaqee shall become the owmer of tht Shopping Center. this Q~ngraph shall nat
~ 41. be applicable to an~ pro;,cm. aher than the Shoppins Ceoter. w~hich such Mottgagee ma~ then ot thereaher mim. if Trnant slull havt ~
42. recei~td notice of assiRnmrn~ of its Lease to the Mortgagee. Tmant shall oaiFp both tandlord and Mortgaaee in writing of any currenc ~
~ 43. viola~ion hereof, and shall dlowr sixt~ daps ~ker che date of such naia for rectification of such ~idation prior to ezercismg aher righa
44. provided hereunder. This crnrrnant shall run wich the land. I.indlord ackaowicdRes chat in tbe eveat of an~ breach hetrof Teaant':
45. remedia ac la.v .vwld be inadcqwce and thercfore. in wch e~ent. 7mint sMl! be enritled to ancel ~his Lease ot to relief bT iajunctiae.
3 46. or ahenvisr, u Tenani s opciaa. end Tenuii
• remedia ~.11 6e cumulad.e ruber chan ezdnsi.e.
IN WITN WHBRBOF. cha Leue has been dul~ esecuted a of the dt~ wd Tear ~iru sbon wricten.
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~ Witnesses for Teaanc: ' Teoaat: ;
~ ' SUPERX DRUGS OF FLORIDA, INC. ~
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