HomeMy WebLinkAbout1793 ~
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. Sublease by executing an asavanption agreement in tbs fora~ attached to
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' tha D.3claration of Cordominium as h~cbibit "G", the assignment o£ whicb ~
' , s:zall be sxecuted by ths Sublassea and the co~cusnt to ths assigaraent . -
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• Will be executed by the Sublessor provid4d the Assigne~ t~ otben~ise
~ beaa approved ia accordance witb all tha provision~ of tbe DeclaratiOa~ _
~ of Coadominium of VILIA DBL SOL, INC. .
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. N:ORTG~GL\G I.F.ASEtiOLD II~~EREST. The Sublasses shall have th4 .
right when enteriug into a-mortgage as mortgagor ~,rith a saortgagee ac .
_ defined uader Paragrapb 1b.2 of the Declaration of Condomiaivm of -
VYi.LL DEL SOL, L'~C. to mortgage tt~e l.es~aehold intsre~t wbich ~he bas
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acquired by virtue of this Subleaas. ~ ' -
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- LIEN AGAZI~ST CONDQ~SIIJ~K UNTT. 7f any reat payable by Sub- .
lessee or Sublessor shall be and reatisin unpaid for more thaa fifteea
~15) days after the ssme shall be due aad payable, or if Sublessea shall
~~violsre or default in performance of aay of the other covenaats, agrea- ~
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~ • men~s, stipulations or conditioas hereia,'and such violatioa or de:ault
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; ~ s:~all contiaue for a perioti oP ~tt~rty (30) days after wri~tea aat ice of - ~
~ ~ ' sucb violatioa or default, tbea it sball be optional for Sublessor to '
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~ declare this Lease forfeited aad the lease term ended aad to :a-ea:ar .
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~ ~ said ~remises, with or ~ritbout process of law, using such fo:ce as aay be
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~ r.ecessary, to remove Sublessee and Sublessee's chattels therafroa. Sub-
~ lessor shall aot be liable for damages by reason of such ra-ertry or for-
. feiture. Iwt~aithstanding sucb re-entry by Sublessor, .tha liabflity of Sub-
~ lessce for tbo rc~t provided for borein for tho bnlaiaco of tho lcasa tcrc~
~ ~ shall zwt be reli~nquished or axtiz~uished.
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~ • Subles~ee hereby grants to Sublessor a liea upon Sublessza's F
co:uioainium unit and all the furniture aad furnishirgs and zixturas '
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~ located therefa to secure to Sublessor Sublessae's pzrfoxmauce ai a~ll o= ~ ~
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, Less~a'e duties hereuador; includiuu~, but not 2imited to, tbs payak:ut ~i ;
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