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first inortgagee being a bank, ir.surar.ce company, or savings ar.d ioan
association which has beco:~e or beco::es a unit owner or tenant in
common by foreclosure or dead in Zieu o~ foreclosure, shall not be
made liable or obligatc~d in ar.y way by provisions of this section
but the grantee of such ~r,ortgagee sr.a~l be fully liable and obligated
hereunder.. AI1 of the provisior~s of tre Declaration of Condominium
of WINDMILL VILLAGE BY THE SEA CO~DOM~~~U:~ VO. 1 relative to this
lease, speci€ically includinq tt~,ose reiative to the Lessor's approval
and consent with regard to voluntary ter.:?ination of condominiuri a:~a
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~o arr~end.~ent of the Declaration o~ Co :co:r.inium are hereby dec~area to `
be an integral part of the considera~:~.on given by the Lessee to t:~e
Lessor for this~ lease. Notwitt~.starGi:.y ar.y;Y~.ing contained in said
Beclaration, it is specifical?y ar,reed ;i-.at should a first mortgagee,
being a bank, insurance co.a~a:.y, or sGv~:~gs ar,d loan association,
beco:ne the owner of all of tr.e a.^it5 con~ained within Tne Condomini;:m
by foreclosure or deeds in lieu of forzcZosure or combinations t'r.~reo~,
then in such case only, such r,~or~gagee sha1Z have the right to ter:.:inate
The Condominium without the apgroval or conser.t of the Lessor. .
17. DUTY OF LESSEE '~`O ASSESS k.\D PAY. It shall be the cut,~
of the Lessee to assess its wzit ownc;s in accordance wit'~ the Fi~rica
! Condominium Act, its Declaration oi Condominium ann Bylaw~s in suc'r. '
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s amour.ts as shall be necessary to nay its obligatior,s, payable in no:,ej
to the Lessor hereunder, and to ot.':erwise perform its covenants and
~ pro:r.ises herein.
18. I\TSURANCE. The hssociation snall throughout t.'~.e te~:^~
of this lease keep in force i:surar,ce policies as follows:
18.1. Public Lia:~ili~~~. Coxpre:~ensive, general public
~ liability insurance in which t.e ~esso~=, Association, Lessee, and 3'll ~
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~ other lessees as to the Recreation Center s:zall be named insureds
~ against claims for bodily injury, sickr.ess or disease includi:g death .
at any time resulting therefroan and for injury to or destruction of
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