HomeMy WebLinkAbout1792 and execute suct~ instrun~ents as may be required or requested
by the Leesor to etteatuate such tranafer or encunabrance.
c. Each of the parties hereto agrees to provide the
other, within fifteen (15) days after r~ritten requeat therelos,
- a atatement of the etatus of the Lease, in writinq,advising ,
whether the Lease is in qood atandinq, and if it is not,
the particulars in which it is notj and failure to provide i
such statement shall constitute a representatfon that ~
the Lease is in qood standinq which may be relied upon by
any third party as beinq true and~correct. . ;
d. Al1 obliqatione assumed and imposed by the terms
and conditfone hereof are covenants runninq with the land
and shall pass successively upon the occasion of any transfer
or assiqnment of an intereat in the Demised Premises or this
Lease.
2Q. Dut of Lessee to Pa . It shall be the duty and obliqation
of the Lessee to assess ts condominiwn unit awners, in accorda?nce with
the provisions of the applicable laws of the State of Florida, dealing
with condo~ainiwas, the Declaration of Condominiwa and the By-Laws
of the Lessee for such monies as shall be necessary _to pay~the rents
and other obliqations provided for'by this Lease, and to other-
Wise perfor~n its covenants and pranises_contained herein. ~
21. Lessor's Ri ht to Perform Lessee's Covenants. In the `
event Lessee s a a to pay e costs o n?aintenance and repairs ~
required to the Demised Premises, or if it shall fail to take out, i
maintain and deliver insurance policies required herein, or shall ~
otherwise fail to perfona any other act on its part covenanted
herein to be performed by it, includinq the assessment against
condaainium unit awners for_monies necessary to pay the rents here-
in provided for and the other obliqations of the Lessee herein contained,
then the Lessor may, but shall not be obliqated to, without notice
or demand upQn the Lessee, perform the act so anitted or failed to
be performed by the Lessee, or pay the monies which the I,essee has
failed or refused to pay.. If such performance by the Lessor shall
constitute in whole or in part the payment of monies, such monies
paid by the Lessor, toqether with interest thereon at the rate of ~
ten (10$) percent per annum,-shall be deemed additional rents due . ;
and payable the Lessor on demand, or, at the option of the Lessor,
! the said monies may be added to any rent then due or thereafter
~ becaminq due under the terms and provisions of this Lease, and
~ the Lessee covenants to pay any such sums Mith the said interest,
and the Lessor shall have, in addition to any and all other riqhts
and remedies herein provided, the same riqhts and remedies as exist
pursuant to the terms and provisions hereof, as `rell as by operation
and rules of laW, in the event of default by the Lessee in the pay-
ment of rent.
~ 22. Quiet En o ent. The Lessor covenants and agrees wi~h the
I.essee that so onq as the Lessee keeps and performs all of its
covenants herein made the Lessee shall have quiet and undisturbed
and continued possession of the Demised Premises subject only to
the terms and provisions of this Lease herein provided, and the
ease~ents herein referred to. ~
23: Lessor's Ri ht of En . The Lessor and its agents shall
have the rig o en upon e Demised Premises at all reasonable
~ timea to examine the condition and use thereof, and if said premises
are damaqed by any casualty which causes the premises to be exposed
to the elements, then the Lessor may enter upon the premises to make
emerqeacy repairs, and it shall have the riqht to recover the coats
thereof fran the Lessee as additional rent dus under the terms of
this Lease. ~
24. TitYe ~to De~niaed Yremisea . The interest ot thre Lassae
,
iu th,s r sub j ect to: . ~
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