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HomeMy WebLinkAbout2450 . ~ . 3. ~ I ~ SUBLFASB CO~SIDERATION. Sublessee shall pay and does hereby . ; agree to pay Sublessor at auch place as Sublessor may desig~iiate from ~ ~ , , tfine to time, ia writing, a lease payme~nt for the use of the premises• ~ s . ; a as follows; Aa annual rental of TEIREB HUNDRED and 00/100 DOLIARS ! ~ ($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. - ~ ~ 3.2 The first paywent to be prorated to the first day of July, ` . ~ ~ 1969, and thereafter payments to be due on or before the firs~ day of j ~ ~ 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 . t ~ VILIA DBL SOL, INC. . ; i 4. ~ - s ~ DUTIES OF SUBLESSOR. The Sublessor agrees to perfonn all of _ ~ ~ the duties and obligations to be performed_by•~e Lessee under the pro- ~ . . . ~ visions of Paragraphs 5, 6, 7, 9 and 23 of the lease between IAA`D:Ir1RR ~ ~ ' t VII.IAS, INC. and VILIA DEL SOI., IrC., and the Sublessee agrees to pay ~ _ ~ 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 i ~ as set forth in Paragraph 7 of the Declaration of Condominium of VILIA DEL • s SOL, 1.1TC. . ~ ~ ~ . 5• - ~ A.~.~?~iE1~TrS. Furthermore, Sublessee agrees to add to this Lease ~ ~ ~ ~ ar?y amenda.ent, revision, supplement, or. addition to the I.ease betweea , : ~ UVD*.~1ARK VIL:AS, INC. and VILIA DEL SOL, II~C. ~ ~ . b. ~ ASSIG:~A~E.Yr OF SUBLEASE. Durfng the term of the lease between ~ IA~'D:~SARIC VYLIAS, II~C. and VZLIA DEL SOL, YI~C., and this Sublease, tha ~ ~ 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 - ~ ~ ' E ~ 2 - ~ i89 ' . , . - ~ FSI.;. - ' .w j^.a^~ ~ ~'~far-~ ~Y' 3Laxf _Lr~~~„~ 6 - . j ~ N ~ . ~ ~_~~'~~'-'~'"_~"5"~~ a _