HomeMy WebLinkAbout0256 3.
S1JaLEASB C0~1.SIDBRATION. Sublss~aa ahall pay and doe• her~by
agrae to pay Subla~sor at auch plac~ as Sublesaor may desig~aata froo
tiaia to tim~~ ia ~rriting. a l~a~• pnymsnt for the u~e of tha presia~s
aa follvws An annual rantal of TNRBB ~NNDRBD aAd 00/100 DO~LIAxB
(8300.00).
3.1 Tha firet payment to bacome due at the time of deliv+rry
of tha itarranty Deed on the Sublsasee's coadasinivm~ unit.
3.2 The firat payment to ba proratad to the first day of Jul~.
1969, and tharaafter payments to be dua on or before the first day of
July of each year for tha balauca of the tara~ of the Sublease:
3.3 Itental i• •abjact to t2te increaae in sccordance Mith the
provisiaa~ of Paragraph 2S of th~ L~as• betwean L~l~DtMR~ VILUB, Zl1C. ~w~d
- VII.U DSL SOL, TNC. .
4.
DOTIBS 0[r SDBLBSSOB. The Sublessor agrees to perforn all of
~ the duties end obligations to be performed by the Laasee under tha pro- .
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visions of Paragraphs S, 6, 7, 9 and 23 of the lease betveen IANDMAB[
VII.IAS, It~C. and VILU DBI. SOL, INC., and the Subleaaee agrees to pay
proa~ptly to the Sublassor on demand a prorata share of all coata and s
expensea incurred by the Sublesaor ia fulfilling the above ohligations .
The share to be baeed upon tha Sublessea's o~aarsbip of the co~oon elmenta
as aet forth in Paragraph 7 of th~ DecLration of Co~rdpainiu~ of VIi.i1l Dffi. '
SOL~ I1~C.
S.
AI~St~l'S. Furtturoore, Sublessee agreas to add to thia Laa•
any aaeadsent, revision, ~uppleaent, or addition to th~ Lsas• bstWean
~
IAl1D!lARR VI~.iAS. INC. ~ad VILIA Dffi. 3~, IIiC.
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b.
ASSIC~ O~ SUBLBASE. During tM tars of tbe lea~e bet~ra~n
UNDl~AR~ VIIdAS, INC. aa! VILU DEL 8~.~ II~iC.. and thi• 8ubl~as~, th~
Subls~~ae agrN• that tAr wbasqwnt purchaa~r ot ttw Subls~sa's coadcmiaiu~
vait in VILU DEL iOL.. INC. •hall b~ syquisyd eo uar s~i~ art~t~iiy
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