Loading...
HomeMy WebLinkAbout0620 ~ and execute such instruments as may be required or requested by the Lessor to effectuate such transfer or encumbrance. c. Each of the parties hereto agrees to provide the other, within fif teen (15) days after written request therefor, a statement of the status of the Lease, in writing,advising whether the Lease is in good standing, and if it is n~t, the particulars in which it is r~vi.; at~~i iai~~~~ t~ prc~i~c such statement shall constitute a representation that the Lease is in good standing which may be relied upon by any third party as being true and correct. d. All obligations assumed and imposed by the terms and conditions hereof are covenants running with the land and shall pass successively upon the occasion of any transfer or assigrut~ent of an interest in the Demised Premises or this Lease. 20. Uuty of Lessee to Pay. It shall be the duty and obligation of the Lessee to assess its condominium unit owners, in accordance with Lhe provisions of the applicable laws of the State of Florida, dealing with condominiums, the Declaration of Condominium and the By-Laws of the Lessee for such monies as shall be necessary to pay the rents and other obligations provided for by this Lease, and to other- wise perform its covenants and promises contained herein. 21. Lessor's Right to Perform Lessee's Covenants. In the event Lessee shall fail to pay the costs of maintenance and repairs required to the Demised Premises, or if it shall fail to take out, maintain and deliver insurance policies required herein, or shall otherwise fail to perform any other act an its part covenanted herein to be performed by it, including the assessment against condominium unit owners for monies necessary to pay the rents here- in provided for and the other obligations of the Lessee herein contained, then the Lessor may, but shall not be obligated to, without notice or demand upon the Lessee, perform the act so omitted or failed to be performed by the Lessee, or pay the monies which the Lessee has failed or refused to pay. If such performance by the Lessor shall constitute in whole or in part the payment of monies, such monies i paid by the Lessor, together with interest thereon at the rate of ten (10$) percent per annum, sha1Z be deemed additional rents due ~ and payable the Lessor on demand, or, at the option of the Lessor, ~ the said monies may be added to any rent then due or thereafter 6 becoming due under the terms and provisions of this Lease, and ~ the Lessee covenants to pay any such sums with the said interest, ~ and the Lessor shall have, in addition to any and all other rights and remedies herein provided, the same rights and remedies as exist ~ pursuant to the terms and provisions hereof, as well as by operation ~ and rules of law, in the event of defauZt by the Lessee in the pay- ~ ment of rent. s 22. •Quiet Enjoyment. The Lessor covenants and agrees with the Lessee that so long as the Lessee keeps and performs all of its covenants herein made the Lessee ~hall have quiet and undisturbed ~ and continued possession of the Demised Premises subject only to ~ the terms and provisions o~ this Lease herein provided, and the ~ easements herein r~ferred to. ~ 23. Lessor's Right of Entry. The Lessor and its agents shall - have the rigi~ t o entry upon e Demised Premises at all reasonable times to examine the condition and use thereof, and if said premises ~ are damaged by any casualty which causes the premises to be exposed ~ to the elements, then the Lessor may enter upon the premises to make `e emergency repairs, and it shall have the right to recover the costs thereof from the Lessee as additional rent due under the terms of ~ this Lease. ~ ~ 24. Title to Demised Premises. The interest of the Lessee ~ in the Demised Premises shal be subject to: ~ -16- ~ 800K 18~ PACt V~O LAW OFFICES OF GOLDSTEIN. FRANKLIN, GHONIN Q SCHRANK. P. A., 2020 NORTHEAST 183n~ STREET, NORTMi MIAMI BEACH, FLORiDA 33/62 - - - - ~r-~-~ -