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HomeMy WebLinkAbout2451 i Sublease by executing an assumption asreement in the fora? attached to tha Daclaration of Condominium as bchibit "G", the assignmc3nt of ~rhich shall ba executed by the Sublesses and the coasent to the assigna?ent will be executed by the Sublessor provided the Assignes ha,~ otherwise ! ! been approved in accordance with all the provisions of tbe Declaratioa ~ of Condominium of VII.IA DEL SOL, INC. 7. MORTGAGII~G LFAS~IiOI.D Y1~~EREST. The Sublessee shall have the t _ ; right when entering into a mortgage as mcrtgagor with a mortgagee as ~ defined under Para ra h 1b.2 of the Declaratioa of Condoraiiniim of . ~ 8 P ! , - VILIA DEL SOL, INC. to uwrtgage the leasehold interest whicl~ he has . t • ~ acquired-by virtue of this Sublease. ' ~ • 8. ~ ~ ~ I.IEN AGAINST CO~Q'KINYUM UNIT. If any rent payable by Sub- ~ lessee or Sublessor shall be aad remain unpaid for more than fifteen , (15) days after the same shall be due and payabl.e, or if Sublessee shall violate or default in perforurance of any of the other covenants, agree- ; ments, stipulstions or conditions herein;'and~such violation or default F shall contiaue for a period of Lhirty (30) days after writtea natice~of such violation or default, then it shall be optional for Sublessor to ; - ~ ~ declare this I.ease forfeited and the lease term ended and to re-eater ~ ~ ~ ~ said premises, with or without process of 1aw, using such force as may be ~ ' ro~ Sub- ~ ~ necessary, to remove Sublessee and Sublessee s chattels theref . , ; ~ lessor shall not be liable for damages by reason of such re-entry or for- i feiture. Notwithstaading such re-entry by Sublessor, the liability of Sub- ~ ; ~ ! ~ lessee for the rent provided for herein for the balance of tbe lease terms e. ~ shall aot be relinquished or extinguished. ~ ~ . Sublessee hereby grants to Sublessor a lien upon Sublessae s ~ ~ condominium unit and all the furniture and furnfshings and tiatures ~ ~ ~ located thereia to secure to Sublessor Sublessee's perzomance of all of ~ . Lessee's duties hereunder, includiug, but aot limited to, the payaa~:nC ot ~ -3- ~ ~ ~ ~ r ~ A -t : F~~ ; ~ ~ : r¢~ ~ti - r ~ - ~