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~ SUBLFASB CO~SIDERATION. Sublessee shall pay and does hereby
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agree to pay Sublessor at auch place as Sublessor may desig~iiate from ~
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tfine to time, ia writing, a lease payme~nt for the use of the premises• ~ s
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as follows; Aa annual rental of TEIREB HUNDRED and 00/100 DOLIARS !
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($300.00). -
3.1 The first payment to become due at the time of delivery
of the Warranty Deed on the Sublessee's condominium unit. - ~
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3.2 The first paywent to be prorated to the first day of July, `
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1969, and thereafter payments to be due on or before the firs~ day of j
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~ July of each year for the balance of the term of the Sublease. ~
3.3 Rental i~ subject to the increase in accordance with the
provisfons of Paragraph 25 of the Lease betweeen IAI~D.'~ABK VILIAS, L~C. aad
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VILIA DBL SOL, INC. .
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4. ~ - s
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DUTIES OF SUBLESSOR. The Sublessor agrees to perfonn all of _ ~
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the duties and obligations to be performed_by•~e Lessee under the pro- ~
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visions of Paragraphs 5, 6, 7, 9 and 23 of the lease between IAA`D:Ir1RR ~
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VII.IAS, INC. and VILIA DEL SOI., IrC., and the Sublessee agrees to pay ~
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promptly to the Sublessor on deaand a prorata share of all costs and
~ expenses incurred by the Sublessor in fulfilling the above ohligztions
~ The share to be based upon the Sublessee's ownership of the common elements
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~ as set forth in Paragraph 7 of the Declaration of Condominium of VILIA DEL
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SOL, 1.1TC. .
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~ A.~.~?~iE1~TrS. Furthermore, Sublessee agrees to add to this Lease ~
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~ ar?y amenda.ent, revision, supplement, or. addition to the I.ease betweea ,
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~ UVD*.~1ARK VIL:AS, INC. and VILIA DEL SOL, II~C.
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~ ASSIG:~A~E.Yr OF SUBLEASE. Durfng the term of the lease between
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IA~'D:~SARIC VYLIAS, II~C. and VZLIA DEL SOL, YI~C., and this Sublease, tha
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~ Sublessee agrees that any subsaquent purchaser of the Sublessae'a con3o~iniurs
~ uAit iA VZLSA DEL SOL, INC. shall be required to ass~a thi~ outstan3inb -
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~ 2 - ~ i89 '
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