HomeMy WebLinkAbout1976 such companies as shall be approved by the Lessor who shall not ur.reasor.--
ably withhold such approval. All policies required shall be ~or the ~ i
benefit of the Lessor, Association, ~;~e T~essee, and other lessees as zo
the Recreation Center and mortgagees as to the Recreation Center, as
their interests may appear, and sha~l be sub;ect to such provisions as
mortgagees of the Recreation Center :r.ay require.
39. RECONSTRL'CTIi?N a,\D ~?AIR. U~on the occurrence of any
caraage or total or partial des ~ruczior. to a;:y portion of t~e de~ised
premises including improve.
e: t5, 'au:~d~:.gs a.zd structures, furniture,
:urnishings, fixtures, machir.er; Gr.d e~uip,
~ent now or hereafter ~~a~:ed [
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;:~~reo:~, whether or hot tt~.c ca~ua~~y causing such darlage be i: surec ~
against, and whether or not, ~f ir.sure3, any proceeds are paid thereicr,
the following provisions shall apply:
19.1. Reeonstrt~ct~on a:d~Re~air by Association. The
Association at its expense, shall repair and reconstruct, if necessary,
any and all improvements, bt:ild~nss an3 structures so damagec3 and ~
replace or repair all personal pro~ert~~ so damaged so as to restore
L~.he same to its original coadi.tio~s wr.er: :~ew. Such wor:c sha~l be
comr~.enced no later than six~y days after t.~e occurrence of da:^.age ar.c
~ shall be cor,?pleted no later thaz: ten ::o: ths after date o~ cor,?-~encer,,er.z.
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j Tne foregoing time limitations s: a~~ :.z e~tended due to any tir.e icst ~
~ t
; by reason of an act of nature, war, civil commotion or disorder, :~a-
~ terial shortages, strikes or otr.er events over which the Less;.e has
~
~ no control. ~
19 . 2. P lans , Speci ~ica ~io:,s and Esti~r,ates . Withir~ thirty
days after the occurrence of damage, ~:e Association shall supnly to
~~e Lessor plans and specifications ror reconstruction and repair
~ whic:~. ~:.ust be substantially of tne nature to restore the dama5ed
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' improve::~ents, buildings, structures anc personal property to its
~ ' a n i'on when new. Said lar.s and soecifications shall
~ origin 1 co d ti p .
~ be prepared and be under the certificate of an architect, licer.sed
~ to practice as such in the State of r^lorida. WitY:in thirty da~s
~ after furnishin said lans and specificatzons, the Association
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~ shall furr.ish to the Lessor a cor.4ract executed by an independent
~ ~ -Zi- ~189 ~197~0 .
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