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Home My WebLink About1819 - ~ • w ~ 1 to the Lassee, or~anized or constituted according to the anplicable stat- utes of the StaLe of Florida ss contained in the Corxlominium act, sha21 assume an3 sha11 be char~ed with all of the duties, obli~ations and re- aponsibilities of the I.~s^ea hereu~der. In the event of a voluntary or involun~lry termin.ztion of the Conrlominium all ot those persons ov~ning ' a condominium unit as of the d~,Le of t~i•r~ination of th~ Conclominium shall autornatieully and by operation of tne I.ease ~ointly arxl ~everally ' constituCe the Lessee hereuncler and sh~31 ~o3ntly ar.d severally be ob- li~ated to perform each and every of the I.esseets covenan~s and prom- ises and undertakin~s herein provldcd for. Unon a condominium ~unit owrs- er acquiring an interest in the Lessee~s ri~hts unc:er tnis Le~:.e, or becomir~g a Lessee ur~er the teri :s of ti~is i.aase, by reason of termina- tion of tlle Condominium, his ri~hts hereunder may ~hereafter be assigned only if there then be no default in any of ~he orovisions of tnis Le~se, and only ir sueh assi~runen~ be in connection with a sale, transfer, or hypothecation of all of his ri~hts in the property which alas, prior to termination of the Condominium, condominium property, excep~ing only and provided that any institutional first mortgagee which shall become ari owner of a condominium unit or a tenant in common in what had been ~ condominium proparty by foreclosure of deed in lieu of foreclosure, shall not be liable or ob].i~ated in any w~y by the provisions of this .section, but the grantee of at~y such institutional mort~aeee shall be fully liable and obli~ated for the pay.-~ent of a proportionat~.e share oP the rental due and attributable to such condominium unit durir~ such ~ period of time as the con3ominium unit shall be occupied by a tenant or ` lessee holding under, by or through such institutional first m~rtgagee. 34. Waiver of Ri~hts. Thz failure of the Lessor to enforce any covenant, o ga ion or agreerrznt of the Lessee 3aerein contained shall ' not constitute a waiver o: the right to do so thereafter, nor shall it constitute a waiver or the ri.~ht to enforce an,y other covenant, obli- gation or agreement herein contained. 35. Amendments. Once recorded, this Ninety-Nine Year Lease may i- not be amen~ceci~e~cept by instrument in writing executed by the parties hereto,-duly recorded in the Public Records of St. Lucie County, Florida. 36.~ Copies. A copy of this Ninety-Nine Year Lease may be ex- ' hibited ora'eT~ered to each person contracting to acquire a condomi- nium unit in the Cor~dominium from the- ~eveloper, for the puruos~ of making full.disclosure of all of the terrr~s and provisions hereof. ~ach such person expressly agrees and consents ~hat minor changes, clele tions, -additions and amendments may be.made to this Lease prior to the record- ation thereof, and without further advice or notice to such person, Ili for the purpose of correcting typographical errors, cocr~olyin~ with the ~ requirements of an institutional mortgagee, or for other reason, pro- vided such deletion, addition and/or~amendment shall not materia~ly ~ adversely affect the rights of such person of the Lessee hereunner. , 37. Gender and Use of Singular or Plural. Wherever the context hereof so requ res or per s e use o e singular shall include the -plural, and the use of the plural shall ~nclude the singular; ar~d the use oF any gender shall include all'genders. ~ i , IN WITNESS WI~RFbF, the Lessor has hereunto . affixed his harri and seal, and the. Lessee has causeci these presence to be signed in its name by its President aryd atteated to by its_Secretary, all in Fort Pierce, County oP St. Lucie, State oP Florida, this „3 v day of ,~/o v , 19~c~ I.ESSOR: FIRST YATIONAL BANK 0?~ ~r~'+' P:~.RCE, = ~ , • as Trustee, under Trust ~reement ~ ~ dated Nove?nber 17, 1970 ann known y - a Trust Number 1 ~ ~~.,.y.~,~,~~„~, ' ~?~K~:OF . t ~ •~:~~4ox~rfo :o~';~~ Y: a' ~ : • i= °'~5+~'~'~__~;.~, ' ~ rea en ~--T- ~ i .;"',~~i.ii.i~~~~f s ,@ ~~~~~{~0~ N~.P ~ - 's' ~ - r n ~ ;~3 : . . ~ . SSEE: ooLO aD~s corr~o~n, ~t Qi : _ • ~~sso~,:-~.~ . as T N ~ .2~ _ • ' i ~ : T*' .ta , . ~ ~ ~ • . ~:4.~• ~ BY. . . - e e ~ - y ~.w~ • =!y~0~~~- ATTcST• ~ In~k~~ P11Cf1v16 J~~'~~•~~''~~ ~d -2a- • ~ ' ..'_~s„'•. LAW O/FIG[f 0/ GOLDiT[IN, IilANK{,IN.GMONIN • iCHIIANK, I.A., 2020 1~{ORTN[AfT /07110 sTR[~. NORTN MIAMI B[ACN, FL,ORIDA 33io2 . - . :,ri~,,s-.Y s : ~ . . _