HomeMy WebLinkAbout1765 ,
' ' t
~
(a) If payment of the net award as
~ aEoresaid shall not be received by Lessor~in
. time to permit payments as the work of restor-
ation and replacement progresses, the Lessee
shall, nevertheless, perform and fully pay for
. ~ such work without delay (except for unavoidable
- delays over which the Lessee has no control) and
payment of the amount to which Lessee :n.~y i.~: ~.ri-
~ titled shall therea~ter be made by Lcn~:or out
~ . of said net award as and when payment of such
net award is received by-Lessor. If the funds
. to be applied by Lessor be insufficient to pay
the entire cost of such restoration, the Lessee ;
aqrees to pay any deficiency and to deposit~
the amount of such deficiency, as estimated by ~
. the architect or contai.ned in a contract~ with
. Lessor to perform such work, prior to the work 4
beinq performed.
(3) From and after the date of vesting of title
in such proceedinq, a just~proportion of the rent,
~ accordinq to the nature and extent of such takinq,
~ shall abate for the remainder of the term of this Lease.
(4) If, after makinq the payments provided for i~a
Paraqraph 15 a. {2) there remains any balance in Lessor's ~
. haads, it shall be retained by Lessor as its property.
• (5) ~ A Takin of Less than Fee Sim le Title. If
. all or any o e De,mised Premises s a 1 e taken by
. exercise of the riqht of eminent domain for qovern- -
mental occupancy for a liuaited period, tYiis~ Lease shall
not terminate and the Lessee shall conti.nue to perform
and observe.all of its covenants as thouqh such takinq
had not occurred. In the event of such a taking the~ .
Lessee shall be entitled to receive the entire amount
of any award made~ for such taking (whether paid by
~ way of damaqe, rent or otherwise), unless the period
of qovernmental occupancy extends beyond the term of -
- this Lease, in which case the award to the extent
~ . that-it represents rent shall be apportioned between
j . th~ Lessor and Lessee as of the date of the end of ~
' . the term of this Lease. The Lessee covenants that ~
at the termination of any such.governmental occupancy,
it will, at its cost and expense, restore the_iraprove-
= ments on the Demised Premises in as qood condition as ;
~ when new, but the Lessee shall not be required to do
. ~ such restoration work if on or prior to_the date of
such tezmi.nation of .goveriunental occupancy the term of -
this Lease shall have ended.
(6) Proration. In the event of the termination of
this lease n u or as to any portion of the Demised
Premises as a result of a total or partial taking by
an eminent domain proceedinq, the Lessee shall pay to
the Lessor all rent and all other charges payable by
Lessee with respect.to the Demised Premises or part
thereof so taken justly apportioned to the date of
~ takinq. ~t
~
(b) As~ to the I,essee's Premises. ~f, durinq the term
of this I.ease ere s e a ing of a]~1 or a portioa of
of the lands described in tb~ Declaration of Condominium of
GOLODIDIADES CONDO~MI~IZtJMS,. th~e follawin~q shall apply:
1
i
i
i
j . -ZZ~
~ .
b00K~U~
LAM~ O/~ICis O~ OOLDiTS~M. rItANKLIN, C110NIN ~ SCMRANK ? A.. =020 NORTHEAiT tsi~to iTREtT. NOIlTM MIAlA1 BEACH. fLORIOA 33162
- -
u, ~ _ : . ~+:~33~