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32. C:.~~ - ~ and ~'i tl ~~s ~:.c ca~: ~ions and tx:.lcs co:~ ~uin~d in ~
this L~:asc ror coi.vci:icncc a::u r~:~cr~:,ce only anu in r,o Taay Jr1G11 ~
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serva to li^Zit or ciescribc the scopc or inten~ of t?~is L~~,se or ~
any nart h~reo~. ~
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33. `z'~r:~:i~.~:'~ion of Conaomi:_iL.::. 1: volun~ary or ir.vc? u.'~u~y
ter;,li„ai:ioi: of - ti.~ I.essee, or oi t:~e Cor.uc:r.iniu:~l create:: by virtue =
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of th~ Declarai.ion o~ Cor.uu:.ini~::~ o~ t;ze Cor.c;~or:~iniu.-n, si:ali r.o~
ter:;linate this Lease. In the evcr.;. of a volunLary or i:.vo~L:~~ary
te~n;;ination o~ Lhe Lessee, whereir zn~ Cor.no:niniurl is not Iikewise
tEr~.ina:.ed, tne succes5or associa~io:~ to t:e ~essee oraa:~izec: or
cons ~i ~u~~d accordir~g t~ tY~e ag~lica~ie s ~atutes of cize S ~ate o~
Floriaa as contai ~~d in the Condor~~inium act sY:al2 asswne ar.~ shal~
be charged wi~c'r_ ~li of tne duties, o~Iigatio~s a:~c: res~.onsi:~ilities of
the Less~e nereu;:uer. Zn the event of a volur.tGry or involwnr~.ry
ter:~ir.atio:~ of the Condor:liniu.-n al~ oi those p~rsor.s oVmir.~ u co: Go-
niniu:n unit as of t:ze aate of ter:;lation of the Condominium s~ull
auto;~atically and by operation of tn~s i~easc joii2tly ar.ci severally
constitute the Lessee hereunde~ and shall jointly ana severally be
obligate3 to pzrfor:l each and every o~ t:-~e Lessee's cove;~ants a7G
promises anc: undertakings herein provided ~or . Upcn a cor.uo::~ir_i~;?
unit ocar.er ac~uiring an interest in the Lessee's rignts unde-r this
Lease, or becor.ing a Lessee under the ter:~s of t~,is Lease, by reasoa
of termination of the Condminiurn, :~is rights nereun4er ~ay th~re-
after be assigned only if there the:~ be no de~ault i:~ any of ~i:e
provisions of t:~is Lease, and or.ly i~ such assigzunent be ir co:.::cction
~aith a sale, trar.ster, or hypo4::ecatioz of all of his ric~~z~s i.. t~ze
property c,rhic:Z was, prior to ter::tina~ior. of ti~e Cor.dor:tir:i~:.:., co::da-
r•.~iniu.-a prop~rty, e:cce~ting only ana ~rovided ~hat any ir.sti ~~:tior.al
f irst . or ~gagae whicn shall beco:~;e ar. owner of a eo:~uo:
:i:~i~- : s:,i ~
or a tenant in com;lon i;~ ~•rna~ h~d beer. condor:.inium property bv
foreclosure or deed in lieu oi foreclosure, snall not i~e liabie ~
or obligatea in any c•ray by tY:e provisior.s ef this section, ~ut t:e A
grantze of a:.y suc:~ insLitutional nortgGgee shall be fully 1.iable
and obligated for t'r.e payn^.ent of a proportio:iate share o~ ti:~ _
rental due ana attribu~able to s~:ch co. do:rinium-unit a~ri;:r s~.cY~. ~
period of Li~e as the condomir.iu:-n ur.it shall be occupied by a
tenant or lessez holoing under, by or t: ~ouch such inst~.tutio::al
first martgagee.
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; 34 . i~:=.iver c- ~tia :ts . i::e failure of the T~essor to e:.~orce ~
' any covena: o~li~;ation or ayree:~ent oi tne Lessee ::erei:: contair.ed
~ sr.all r.ot cons `ituLe a caaiver of tsie rig:zt zo do so thereG~ ter , nor
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~ si?alI i~ co. ~t1tL't2 a waiver of tne riq~:t to er.force any ot.zer
~ covenant, o~ii5ation or agree:;.e:~~ ::erei:~ contair.ec. ~
3~ . ~~-.er_d-~er. ~s . Cr.ce rece-rc:ed, this ~~ine ~y-i:ir.e Year ~eGse
r.ay not ne a::e:~aea e::cept by ir.s ~ru.-:.er. ~ in wri ~in~ execu b_~
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the parti~s ;~e~eto, duly recordeci in tY~.~ Pui~lic Records of S~.
:.ucie Cou..Ly, i ioriaa.
35. Co~_es. A ca<<T of t:.is i:i. e~..~-::ir.e `lear L~as~ sY:ayi be
exni~~~e:z o~ aelivered to each ~erso:. cor.trac~ing to acquir`
a co:~ao::ir_i•.:::~ unit i: t,1e Co :do.s~in;u.: ~ro:z tn~ Dc~velo~cr, ~ar ~;:e
~ur_ as~ o~ r~,aicir.c~ full disclcsurc o~ all of t~:e tcr:~,s~ a:.~ ~~~rcv~sions
~ - - .or
'r.erco~ . ~aca sucL- ~ erso:~ e~pressly agrc`s unci cor.se:~~s t: a~.-.
chanJTl~S, deietio.^.s, ac::uitior.s ara a,r.er.d:,ients na~; be :,la~e ~o :_Lis
iease O~~~G~ 't0 ~.iEG rr;CO~Qat1.Gri "~nCic:G~ ~ ar.a W1~2:Oli~ iL'r~t:t'__ c.G`v~C~
~ or r.otic~ to sucn ~~~rson, for tze nwrpase of correc~i~.g t~~t~~e-~~;~::ica1
.:r-rors, ca.-:. l~~ir.g ~a~th t:.e require.f;:~r.ts of an i;:s~itLtio: r:ort,.:gee,
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or for o:cier r~ason, ~rov~ded suc:z c:ele~ion, acini~ion unc;/or
~ aTe: d.-ner.t si~a~l rot r.~:~erially a~versely affect the rig.:~s or suc.z
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~ person or o~ t.e :.~ss~e hereuncter .
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$oo~ 187 ~ 837
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LI1W OFFICES O~ GOLOSTEi:~. FRAtiKL:N. CriC~ilV $ SGi{:cAhK. A.. 2CZG NC~T2i=AST 163~~ S7i~EET, t~iGRT~i M~AMI 6EACH. FLCniLA 33SO2 #
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