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when new, but the LesseQ shall not be required to do such
restoration work if on or prior to the date of such ter-
mination oF 6overnr.iental occupancy the term of thi s Lease
shall be ended.
(7) Proration. In the event of the termination of
. • this I,ease~n
-u'Iror as to any nortion of the Demised
Premises as a result of ~ total or partial taking by an ~
eminent domain proceeding, the Lessee shall pa~y to the
Lessor all rent and all other charges payable by Lessee
with respect to the Demised Premises or part thereof so
taken ~ustly apportioned to the date of taking.
b. As to the Lessee~s Premises. If, during the term of
this Lease ere s a e a ng of all or a por~ion of the
lands described in the Declaration of Condominium of COLOA~NADES
OONDOMINIUMS ,~the following shall apply: ~
(1) Certain Takings Not Included. ~Neither a takir~
of les s than ee s mp e e nor a a ing of ten (104~ )
percent or less of the apartment units contained upon said
lands immediately prior to the time oP taking shall be con-
strued or considered as a taking. For the purpose of this
paragraph, a tald.ng of an apartment unit shall have occurred
where at least sixty (60~) percent of the floor space there-
• of has been taken. ~ ~ ~
(2) Total Taking. Tf' such taking shall involve the
~ taking of a o e apartment units contained upon said
lands inunediately prior to the time of taking,. this Lease
shall terminate, effective as of the date oF taking.
(3) Partial Taking. If the taking be greater than ~
described n ar rapn S b. 1 ar~d less than the ta'~cin
described in Para,~grapY~ 15 b. 23, above, the rent provided ~
in Paragraph 4 shall be reduced effective as of the date of
taking, by a percentege figure equal to the percentage
interest in the common elements and in the common surplus
attributable to the condominium units taken, provided, how-
ever, that all other provisions of this Lease shall remain
' in full force and effect.
~ .
` 16. Commencement of Obligations of Lease and Delivery of Posses-
~ sion. The o ga on o e ssor a o e ssee pursuan o t e
~ erms and provisions hereof, and right to possession and use of the De-
mised Premises, shall co~nence as of the date of commencement of the
term hereby created. .
17. Security. For the purpose oF securing unto the Lessor the
payment of e rent herein provided for, as we~l as the payment of any
other s•~zms due and payable the Lessor-by reason of the ter~s and provi-
sion~ here, or by reason of any advancements made to or on behalf' of
the Lessee by the Lessor, as well as for the purpose of securing tr.e
performance of each and every one of ~the covPnants of the Lessee herein
contained for the use and benefit of the Lessor, the Lessee does her~eby
grant unto the I~essor the following described liens t~rhich shail be cu-
mulative, provided, the Lessor m.ay exercise one or more of the said
liens v~itnout thereby waiving the others, or maf exercise all simulta-
~ neously.
~
~ a. Lessee's Interest. ~Y:e Lessee does hereby give ana ~
~rant unto e ssor a con~inuing first lien paramount and su-
perior to all others upon all of tne right, ~itle and interest
of the I,essee in and to this Lease and the ~e:nised ?reMises.
b. Lessee~s assets. The Lessee does hereby give and grant
unto the ssor a con nuing first lien para.~unt and superior
_,2- a~i~ ~i~Q8
U?W OFFICEf OF GOLDS7EIN, FRANKLIN. CHONIN 3 fGNRANK, P.A., 2020 NORTHGST 163RD STREET. NORTH MIAMI SEACH. FLORIDA 33163
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