HomeMy WebLinkAbout1618 ,
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. 8ubleaee by exscuting an asav~tion agsee~aent in tha ~orw attacbed to
- tha Dsclaratioa of Condaoiaiua as ~chibit the a4~igooent of Mbich
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. aball be exeauted bq t6a Subleassa aad the con~aut to`tha as~ig~o~eat
~rill be executad by the Sublassor provided the As~ign~~ ha• otharvise
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besa approved in accordance vith alI tha provisions q~ tha Declaration
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~of Coado~daiw of VILIA DBL 80I., II~IC.
7.
l~fORTt~!?GING I.BASSHOLD INrBR&ST. ?he S~ubleaaee ehall have the
right vhea enteriug into a mortgage a~ ~wrtg,agor ~?l.th a mortg~agea as
definad under Yaragraph 16.2 pf the Declarstioa of Condo~iniu~ of
. '-.':*.LU DEL SdL, II1C, to ~artgaga tbe laasaboid intarest vbich be has
~ , acquired by virtue of thia Subleaae.
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LIBN AC~INST CO~IDQ~lINIUN UNIT. If saq rent payable by Sub-
leasee or Subleasor sh~ll be and remain unpaid for more t~utn fifteea ~
(1S)_daya after the sanoe ahall be due aad payable, or if~Subleesee ehall
violats or default in performe~nCe .Qf any of the other covsn~tnts, agree-
~ ments, stipulations or conditioas herein, and auch violatioa or default •
ehall coatiaue for a period of thirty (30) daya after vrittan nd ice of
such violation or default, then it shall be optional for Subleesor to
- declare this Leaee forfeited and-the iease ters ended and to re-enter .
_~--~--aaid_premiae~,_ Yit1L9r vi.t~out pro~esa _ of la`rs_ usi auch force sa ~ be---
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neceseary, to remave Sublessee end Sublessee's chattels therefroe~. Sub-
~ lessor 4ha11 nat be.Ziable for damagea by reason of euch re-entry or for-
~ e ture. s en ng ~uc ~ ,
leasee for the rent provided for herefa for the balance of the Ieaea ter~os
sba11 aot be relinquis6ed or eutinguiahed.
Sublesaee hereby grants to :`:blesaor a liea upon Sublessee's
condaminivm unit and all the-~furniturs aud furaishinga and fiutures
loceted thereia to secur~ to Subleasor Subleaaes's perfor~w?nce of aII of
, Lessee•s dutias hereunder, iaclusding, but not 2i~ited to, the papseaC of
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