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Home My WebLink About0345 i I~ ~ ~ i ' I~ . t ii i ~i i 24. COMcKSNCEMENT OF OBLIGATIONS OF LESSEE. Lessee shall be ~ ;iobligated o per orm a o s covenan s an promises•herein ' i;upon ex£cution of this lease other than its covenants and pro- ~ lmises~herein upon execution of this lease other than its cove- ;inants and promises set forth in Paragraphs 6 and 7 herein. The ~ ~ ~ date of conunencement of Lesaee s obligations and method of col- ~ fllection of said obligations shall be, anything to the contrary 3 ~~notwithstandinq, controlled and determined in accordance with ~ ~~the further provisiona of this paraqraph 24. I ~I 1. Rent payable under Paragraph 6 shall be due and payable on those particular condominium units which are "sold" and/or titled out to individual purchasers, it being expressly agreed that the term "sold" shall include those particular con- ~dominium units that are being purchased pursuant to an agree- (ment and/or contract over designated payment periods. Said rent ~payment shall com~aence on the lst day of the month next suc- ceeding a"sold" condominium unit or titled unit on the basis Iset forth in Paragxaph 6 herein. Said rent shall commence in ~ ~accordance with ~aragraph 6 and this paragraph only on those ~~particular units which are sold and/or titled to purchasers. ~i ~ 2. Notwithstanding any matters to the contrary in l~Paragraph 7, the obligations set forth in Paragraph 7 shall be ~~due and payable on the lst day of the month next succeeding a !"sold" and/or "titled" condominit~m unit as defined in this para- ligraph 24 above, only on those units which are sold and/or titled ~~to purchasers. The Lessee shall collect the sum of $1.10 on `I;each condominium unit-as s~ld and/or titled and remit same on a I'monthly basis to Lessor to pay the obligations set forth in Para- ~fgraph 7 pursuant to commencement under this paragraph 24. Said ~ ;!obligations shall then be remitted by Lessor ta the proper auth- ( ;"orities as and when said obligations become due and payable. t ;i - ~ 25. ADDITIONAL COVENANTS. ; 1. No Termination U n Casualt . No damage or~de- ; ~~struction to ui ings, s ruc ures, improvements or furniture, 1 f i~furnishings, fixtures, machinery or equipment now or hereafter ~ ~ ~i 'ilocated upon the demised premises by fire, windstorm or any ~ ~~other casualty;, shall entitle the Lessee to surrender possession ~ ~ ;;or to terminate this lease or to violate any of its provisions ~ !~or.to cause any rebate, abatement or adjustment in the rent ~;then due or thereafter becoming due under the_terms hereof; and~ ~ ~~if this lease be cancelled and terminated by reason of the I ~;Less~e's default at any time while there remains outstand~.ng i ':°any-obligation from any insurance company to pay for the damage ~;or any part thereof then the claim against the insurance company , ~:shall upon the cancellation and termination of this lease be ~ ~~deemed immediately to become the absolute and unconditional ~ ~~property of the Lessor. ; _ . . i ` 2. Redeliver of Premises. At the termination of this j ~!lease by lapse o ~ane or o erwise the Lessee will peaceably ; ~~and quietly deliver possession of the premises and ali improve- F ±~aents situated thereon including all personal property therein ; ~ ;'and thereon to the Lessor in qood state and condition, subject _ ; ~~to the provisions of 7.4 and that all buildings, improvements ~ ~and personal property then situated upon the demised premises ' ~~ahall become and remain the property of the Lessor and that no ~ ~~compensation shall be allowed or paid by the Lessee to the Lessor F {~therefor . ~ 'I ! i1 3. Interest. Where not otherwise provided in this i ~~ease, all sums o~ money coming due from the Lessee to the ; ADLER Q GRANDOFF ~ ssor shall bear interest at - the rate of 10 per cent per annum ! ATTORNCriATLA1N...~. 5 days from the date the same shall become due until the date ' •~~*~s~ l~he same shall be paid. ' FIReTFtD[ItAL~LOY. i~ I . ~ ~ 220 MAOI~ON fTR[tT - ~ ~ 7AMPA. FLOIUOA iMOI - - ~ ~I~ ~ - t T¢4[PHONS ~1~7~74 ~ . - ` 1 ~ ~ ~ - . . . . _ . . . _ . _ . _ _;`,,,...~t',.. `'t;.s ""'s ~.~r.='~ r,~" ~ _ :