HomeMy WebLinkAbout1786 ' • . •
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SUBLFASS CO~SIDERATI01~. Sublesses st~all pay aad does beraby r
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ag:ee to pay Sublessor at such pZace as Sublessor may desi~5'ciata fro~ -
. tine to time, in ~?riting, a lease paymeat for the usa of the premis~•~
as follows: An annual rental of T88E$ HUDIDRBD and 00/100 DOLIARS
(5300.00). ~ . •
3.1 The first payment to become due at the tiias of delivary .
of tba Warranty Deed on~tha Sublesses'a coadoa?iaium unit. -
3.2 The firat payment to be proratad to tbe first day of July,.
19b9, and tbereafter payments to ba dua on or before tha fi:st day of ~
July of each year for tba balanc~ of ttw tesvi of tbe Sublease. -
3.3 Rental ia aubj4ct to ths increase in accordanca ~rLtb ths
• p:ovi~io~a~ of Paragrapb 25 0! th~ Leaa4 betw~sasa IANA'tA~K VILIAS, ~C. aad
~ ~ • VZLIA DEI. SOL, INC. - • ' . : ~
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~ DUTZBS OF SUBLESSOx. T'ha Subles~or agrees to perfora all.of
-the duties and obligations to be performe~, by-Z~e I.essea under the pro- ~
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~ visions of Paragraphs S, 6~ 7, 9 and 23 of tbe lease betwaea IA.~.Y~1R~
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~ VIISNS, IHC. and VILIA DEL SOL, INC., and the Sublessea agreas to pay .
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` ~ proa~ptly to the Sublessor on demand a prorata share of all casts an~i
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~ expenses incurred by tbe Sublecsor in fulfilliag tbe abova ohligations
. The share to be based upoa tha Sublesses'a ownersbip of the co~a el~~ts ~
as set fortb in Paragrapb 7 of the Declaratioa ~of Condominiua~ of VILTj1 DrL
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A:~'A~lE.~TS. Furtnermore, Sublesses agree~ to add to this Luasa
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~ ~ ar?y as.eadmeat, revisioa, Bupplement, or s?dditioa to the ~eaza batwaan .
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~ 2A~.~~ARK VILII~S; I.~C. aad VILIA DEL SOL, IhC. •
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~ ASSZGHI~ENr OF SUBLEASE. Durfng the term of tha lcase b.:t~•zza ~
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IA~'D~.A:tK VZLIAS, II~C. a~ad VYLYA DEL SOL, ZI~C., and this SuS2essa, tha
Sublessee agrees that any subsoquent purch.zser of tha Subl~ssza'r c~n.'.r.~i~u~
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- uait in VILYA DEL SOL, INC. shall ba roquirad to esswaw thir outstan3ir,s •
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