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HomeMy WebLinkAbout1972 such proceeding, a,just proportion of tne rent, according to t:e nature and extent of such taking, sr.a~l abate for the remainder of the term of this lease. F If , after :naking ;.:ze pay~~ents provided for herein, there remains any balar.ce in Lessor's hands, it shall be retained by Lessor as its property. 14.3. Proration. eve:~t of the termination o~ this lease in full or as to a;.y por~io:. of the demised premises as a result of a total or par~i«i t~c' :g i~y proceedir.g, the Lessee s:zall pay to the Lessor a~l rer.t ar.3 al~ o:her charges palai~le bv the Lessee with respect to the de~ised pre~tises or part thereo~ so taken justly apportioned to the date of taking. ~ 15. EMINENT D0.'KAI:~ AS TO C~i~DG~fINIliN; PROPER~Y. I~, durir.g the term of this lease there s::ai? b~ a taking o~ all or a~ortioa of t~'~e lands described in the ~ec~Gratior. o~ Condomir.i~-~ as se ~~ort:, in the Declaration of Condo::~i.ni::.:~ cf ~:~~~N.ILL VII,LAGE BY THF. S:.A CO~DO~iINIUM N0. 1, tne foilo«;ng 5r.ui~ ap~3.y: 15.1. Certain Ta;ci:~~s ::o ~ i:~cluded. I~eitY:er a t~:{i:tc of iess than fee simple title r.or a:.~kir.g of ten percent or ~e5s c~ ; tize units contained upon said lands i~r..~ediately prior to the ti::e of ' ~ ~ ~ ta~cing shall be construed or cor,sidered as a taking within the pro- ~ ~ visions hrein. For the purpase of t~-.is section, a taki:.g of a condo- ~ :r?iniur,? unit shall be a takin where at 3~ast sixt ercent taereo~ g Y P has been taken. ' 15.2. Total Talcir:cs. If suc:1 taking shall i:.volve :~e taking of all of the units contair.e:: ~pon said lands i~:..:.ediate21 ~ prior to the~ti:ne of taking, t2-.is lease shall terminate, ef~ective as ~ of the date of takir.g. ~ 15. 3. Partial Takiac. If `he taking be greater t:a:: de- ~ ~ scribed in 15.1 and less t~'~ar. tne t~.lcir.g cescribed in 15.2 above, t:e following shall app2.y: ~ -17- . - ~ _ - ~ : ; - ~ ~ _ " ~ ~ ~ ~ s _ . _ , ~ ~,4.~,`~- .