HomeMy WebLinkAbout0823 but the depositary shall be prohibited from paying such funds
to anyone other than the appropriate taxing authority except
upon the written consent of the Lessor. The Lessee shall so de- '
posit one-twelfth (1/12) of the current annual taxes, or those
of the preceding tax year if the current taxes have not then
been fixed, on the first day of each month in advance, except
that all additional funds required for any payment shall also
. be deposited on the first day of the final month during which or
at the end of which a payment is due and payable without interest
or penalty, and during which the maximum discount for early pay-
ment is allowable under the law. Notwithstanding the foregoing,
at such time as the Lessor may first require the Lessee to make
such deposits, the first deposit made by the Lessee shall be in
, an amount sufficient to create a bank balance equal to what it
' would have been had the Lessor required the first such monthly
deposit to have been made on the first day of the month immedi-
ately succeedin~ the month during which the tax could have been
paid with the maximum permissible discount for early payment
allowed under the law.
9. Insurance Premiums and Utilities. Lessee covenants and agrees
that it sha pay premiums or al insurance policies which the Lessee is
obligated to carry under the terms of this Lease not less than fifteen
(15) days prior to the date upon which the same shall become due, and
that it will exhibit to the Lessor proof of such payment within ten (10)
days after making payment. The Lessee shall further make all necessary
deposits in connection with and pay all bills and charges for gas, elec- ~
tricity, liqht, heat, power, and telephone or other communication service,
and for all other utilities used, rendered or supplied on or in connection
with the Demised Premises, and shall indemnify the Lessor against any lia- ~
bility or damages on such account.
10. Re airs and Maintenance: Lessee shall at all times during the
term of this ease, a i s own expense, make all necessary repairs and re-
placements to the Demised Premises and maintain the same in goad condition. -
This covenant shall include the obligation upon the part of the Lessee to ~
replace or renew when necessary any item of furniture, fixtures, furnishinqs,i
machinery and equipment and all such replacements and renewals shall be at
~ least equal in quality and class to the original equipment, furnishings,
; rnachinery or fixtures. Air conditioning, pool and other such equipment
~ and machinery shall be regularly serviced and maintained under appropriate
~ service contracts. Lessee shall keep and maintain all portions of the De-
mised Premises in clean and orderly condition, free of accumulation of
~ dirt and rubbish and pest infestation. All buildings, structures and im-
~ provements, furniture, furnishings, fixtures, machinery and equipment now
~ or hereafter replaced or bought, or intended for use upon the Demised Pre-
mises shall be a part thereof and thereby the property of the Lessor, with-
out payment therefor by the Lessor, and shall be surrendered to the Lessor
upon the expiration or earlier termination of this Lease without cost or
charge to the Lessor.
11. Mechanics' Liens~ All persons are hereby placed on notice
that the Lessee shall never, under any circumstances, have the power
~ t~ subject th~ intsrest of the Lessor in the Demis~d Premises to any
~ mechanics' or materialman's lien or liens of any kind, in the absence
of a specific provision to the contrary herein contained authorizing
in specific terms the creation of such lien or liens. All persons who
t may hereafter, during the term of this Lease, furnish work, labor, ser-
vices or material to the pxemises upon the request or order of the Lessee,
or any person claiming under, by or through the Lessee, shall and must
look only to the interest of the Lessee in connection with payment there-
for, and not to the interest of the Lessor. If any mechanics' liens are
~ •
~ filed or asserted against the Lessor's interest in the Demised Pre-
mises, the Lessee shall, within thirty (30) days af ter the date upon
~ which notice thereof shall come to its attention, cause such lien
~ to be released from the Lessor's interest in the Demised Premises,
- 7- B~K ~S~ P~6f ~
LAW OrFICti OF OOLDST[IN. FRANKLIN, CMONIN ~ iCHRANK, r. A., 2020 NORTHEAST i6~RD sTREET. NORTH MIAMI OEACM, FLORIDA ~3162