HomeMy WebLinkAbout0257 8ubleaae by exscuting an a~sumption ~greeaent in tha for~ attach~d to
tha Daclaration of Condaainiu~ aa IDchibit "a", the assigaAent of Mhich
ahall be~executed by the Sublassea aad tha consent to the aasigmosnt
vill be axecuted by tha Subles~or provid~d Lt~ As~iga~~ hua othsrwi~~ ~
been approvad in ~ccorda~ca vith all tbs provi~ion~ of tha D~cLratioa
of Condooiaiv~ of VILIA DBL SOL, INC. ~
7.
NOI~AGII~G I.BASBHOLD II~BaBST. The Sublessee shall have th~ .
right vhen entering into a mortgaga aa 'wrtgagor Mith a~ortgsges as
definad under paragraph 16.2 of the Declaration of Condosiaiua of
VIId.A DSL SOL, INC. to mortgage. t6s lea~abold iatere~t rhic.~t be baa ~
aaquind by vfrtna of this Subleaae.
8. ~
LIBN AC~IIiST COrIDQiINIUM UNIT. .If any rent psyable by Sub-
lessee or Sublessor st?all be aad re+asain unpaid for ,ore than fifteen
(15) daye after the aame ahnl! be due aad paqable, or if Sublessee ahall
violate or default in performsnce of a~ of the other covenaata, agres-
~ents, stipulations or conditioae berein;:and`such violation or default
shall continue for a perfod of•thirty (30) days after vritten nat ice of
such violation or ~efault, then it shall be optional for Sublesaor to
' declare this Leaae forfeited and the lease tero ended and to re-enter
said prea~ises, vith or vithout proceas of lav, uaing such force aa ~ay be
necesaary, to re~oove Sublesaee and Sublessee's che?ttels therefram. Sub-
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leasor ~hall not be~ liable for damagea by reasoa o# such re-entry or for-
feitura. Natvithatanding euch re-eatsp by Subleaaor. tha liability of Sub-
lessea for the rent provided for herain for tbe balance of tb~ laase tarms
shall aot be reliaqui~hed or a~ctinguished.
Suble~see hereby graats to Sub2e~aor a lien ugon Subleasee'a
condadnium uait and all tha furnlture and furniahing• aad fi~ctures
located ther~ia to •ecure to Subla~aor Sublesasa'• perfor~tncs of all of
, Laa~'• duti~s her~vndar, includin~. but oot li~itsd to~ tha pa~snt ot
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