HomeMy WebLinkAbout0146 ` , ~ I
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'~l,^ u SUBLEASE AGRE~IENT 1922Z;
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TIiIS SUBLFASB AGREEMSNT, executed this 23 day of
~ Ma rch , 19 7 0 , by and between VILIA DEL
SOL, I~IC., a non profit Florida corporation, hereinaf~er called "Sublessor~"
and First National Bank of Stuart as Trustee under the Last Will
and estamen o e . or er,
of Stuart, Florida
hereinafter called "Sublessee."
WITNESSL'TH: '
Sublessor does lease, rent, let and demise, and by these
presents does lease, rent, let and demise unto said Sublessee an equal
undivided interest in the property more fully described in that certain
_ I.ease Agreement between IANDMARK VILIA5, INC, a Florida Corporation of
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:.o o°o Jensen Beach, Florida, as Lessor, and VILIA DEL SOL, INC., dated the
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~ ~ 23rd day of January , 19 , and recorded in Official .
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Record Book 182 , pa e 1384 of the Public Records of
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~ St. Lucie County,'Flarida. It is the intent of the Sublessor to enter
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- into a sublease with each owner of a unit in VILIA DEL SOL, II3C., a Condo- ,
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,,1i';,, ~ minium, and each owner shall acquire at the time of execution of their
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~ a..a individual sublease, an undivid ed leasehold interest that is equal to
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~ the leasehold interest held by each o€ the bther owners.
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~ TER`'1S OF~ FJCISTING LFASB Il~TCORPORATED HEREIN. The terms of the
~ existin lease between IANDMARK VILIAS, INC. and VILIA DEL SOL, INC.
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~ referred to above, are incorporated herein by referectce as fully as if !
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~ safd terms and provfsions were herewith set forch in full, except the ;
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~ provisions aet out in this Sublease supersede contrary provisiona in the
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~ lease.
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° Z`EIL`'I. This Sublease is to run from the day of E
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, 19 70 , through and including the 30th day of June,
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~ 2068.
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