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Home My WebLink About0834 ; ' t ~ , ~ . ~ (15) cl~~~~ after writ~en noticc of such deL•~-~uli: s.l~ 11 i;ave ~~~en ~ giv~n l~y thc Lessor to i:hc ic~~uc; ancl 4~ncrc the allc~,c:: d~tault consis ts of soz:~e violacion other th~ n tl;e forecsoir.~~ , the ~.cssor ::~y not declare t::is L4asc in deiaul~ un~il suci: vio~w~ion si~r.ll have contir.ucd for tiiirty (30) days aftcr th~ L~ssor siiall iiave givLn tl:e iessee wri ~ten notice of such ~ violatio,i, anci the Lessee shall no~ r.ave under ~ak~n, ci~:rir.c said ~ tnirty day no~ice p~riod, to cure said violatio : by vi~;or~ . and affirniative ac-~ion; ~rovided, hoV~ever, thGt ~ot:~ing " :.erein contained shall be constru~d as precluding ti~e ~essor froni having such remedy as may becor.te necessary in orG~r ~o preserve the Lessor's rig'r.ts and tne inter~st of tY.e ~.essc~ in t~e prc:~ises a:zd in this ~easc, even beforc the e~pi~ai:ion of ;he grace or not~ce neriods orovided tor in this par4granh if, unc.er particular cireunlstances then e:{isting, the allow- ance of sucil grace period or the giviny of such notice woui~ prejudice or endanger the rights and estate of the Lessor ir. this Lease and in ~ne Deraisea Pre:.iises . d. A?1 dzfault and grace periods shall be deem2d to run concurrently and not consecutively. ' e. 1L is muzuaily covenanLed and agreed tna~ z~ze various rights, powers, opzions, elections, privileges anc remedies of the ~.essor contained in t'r.is Lease shall i~e con- : strued as cumulative, and no one of them shall be cor.s ~ruzc'. as beir.g exclusive of any other, or exclusive of any rignts or ~ priorities by la~,~. f. It is furtner covenan~~eci and agreed by ann betweer. the parties hereto tiiat the right to the Lessor in this ~~ase to collect the rent t~:at may b~ duE under the ter:;.s o~ i:,`~is ; I,ease by any proceedings under tne sa.-ne, or the right to ? collect any additional rent, mor~ey, or payments dLe ur.d~r ~he + terms o~ this Lease by any proceedings under tl:e same, or :he ; right given -the Lessor to enforca any- of t~e ter~s a^d pro- visions of this Lease, shall not in any way affect the rights of the Lessor to declare this Lease void and ;iie ter:n nereby endea, as herein provided, when default is nade by the Lessee in any of tr.e terms and provisions hereof. g. I~ is furtl~er covcnantca ai~d ac~reed vy anci I~cc~J~ ~~ii ti~c ~~;:rti.:s hcrcto tliat iii tlic even~ of thc tc~r:niilai~io:~ o~ i this Laase at any time before t,ie e::-~~ration of tile ter:i ! of years herei~y created, ~or zne breach by zne Lessee o_` a:~y oi i t:.e covena:~ ~s herei;~ containea , the:~ all of :he rig~:t, es ~ate ~ and interest of the Lessee in a~c: u:~cier this Indentura a:~c ~ in :iie De.~-:tised Premises, anci al~ additior.s and accessio:~s ~ thereto tlzen situated on t:~e said De::?isen Pre~nises, tocet: er witii all rents, issues and ~rofi~s of said premises ai~d t,~:e ~ i~prove..7ents thereon, whether then zccrue~ or to accrue, and all ir.surance policies and all ir,surance rr~onies paici or payable thereur.cer, ar.d tae ~nen entire u:~disbursect ~alance of any auildir.g escrow fund, ar:d the entire undisburseci balar.ce of any ~ tr~en e~isting join~ banr accoan~ which may have been c~eatea unner ~h~ ter.::s hereo~, and all of the.;~, shall at once pass to and beco*:.e t~e Frop~rty of the Lessor without any conpensa~ion tr.erefor~unzo the L~ssee, not as a penaity for forfeiture, ~ but as liquida~ed damages to Lessor because of sucn c.e~auiz by L~ss:~e anci th2 coaseque :t cancellation of the Lease, eac~: ~ of t.'~e parties acknowledging i~ to be the fac~ that for breac:~ and cor.sequ~nt cancelZation of a long-terr, lease of this : ~ cnaracter :he i.essor ~~ill sustain subs ~ant~al dar,~.age oL s~.c:~ ~ ~ czaracter as to :nake it i~ost 5urdensome a;~d tedious, i~ not t ~ actually i:«possii~le, to ascer~ai;. t~e a.~:ount tnereof ~~r~:h ~ ~ natne:latical precision. La~z of the parties, t~erefor, 3 ~ have asreed upon this provision for liquidated da~ages ° ~ in t;zz ir.terests of obvia ~i: g~y'r,at would otnerc,~ise be ~ burdenso: :e ~.r.a dif f icult li ~iga ~ion to maintain or to -18- 8ooK187 ~ 834 ~ LAW OFFiGE50F GOLDSTEI~I, FRANKLiV, GHOYIN a SCY.RA~'eC, P.A., 2020 :1'vR7HEASt 7r.3RD STnEcT, NORTH ~t:At:i ~L-AGri. FLORIJA 33iG2 _ _ - - - ~