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HomeMy WebLinkAbout2839 } t . i 5::5:caso by executing an assumptiou arr~smaat ir tba torm ~t:ached to ~ the ~claratioA of Co~ado~+iuiusn as 8kbibit "G" ~ ths assignr~eat of vaicb . s:~a:l be executed by ths Sublas~4o and tba consent to tbe assigzL:~eat . ~ wi21 ba sxecuted by the Subl@s~or provid~d tha Assi~na~ h~E otharw'.se ' beaa approved ia accordance ~,iitb all tha provi~ion~ of tba Daclarazioc~~ ~ of Condoaiaium of VZLIA D8L SOL, I1~C. , 7. ~ • =a . ::OctTGAGII~G I~ASEI~OLD II~~EREST. Tha Sublessee shall havs tba _ ~ right whea enteri~ag into a mortgage as mortgagor with a aortgagee a~ • . defir.ed uader Paragraph 16.2 of the Declaration of Coado~?ini~ of ~ . V"'LL'~ DEL SOL, II~C. to mortgage the laa~ohold iatera~t w~i.cx? ~he bar . ' - acquired by virrus of thi~ Sublaate. . 8. ~ . . ~ I.YEN bGAIl~S2 COI~`DQ?~IUM UNTT. If any reat payable by Sub- . lessea or Sublessor shall be aad remain unpaid for more thaa fifteea (15) days after the same shall be dus and payabl.e, or ff Sublessea sball - viola:.e or default in performaace of aay of tbe other covaraats, agrea- . - ~ meats, stipulationr or coa~ditions bereini'aad ruch violatioa or de:ault ~ - ~shall continue for a period oz~th~rty (30) days after writtea aat ica o: • ~ . . . such violatioa or default, tbea ft shall be oprional for~Sublesso: to ~ k ' ~ dec2ara this Lease forfeited aad the Iease term eaded aad to ra•eatzr . i ~ " sa:d preaises, vitb or witbout process of law, using such fo:ca ss ~y ba ~ s ~ ; ~ aecessary, to remove Sublesses aad Sublesses's chattels therei:o~. Sub- 9 ~ . t . ~ ; lessor sba11 aot be liable for damages by reasoa of cucb re-eat:y or far- E . ~ . :eiture. lotwithstaadin,g sucb re-entry by Sublersor,.the liability bf Sub- ~ , ~ lESSee for r.be reat provided for l~erefn for tbe balanca of the lcasa t..:rss ~ , sr.a:l r.ot be relinquirbed or extingufabed. ~ ~ - ~ • Sublessee bereby graats to Sublessor a liea upoa SuSlessaa`~ ~ ~ : ~ cor.da-aiaium uait aad all the furaiture and furaishiug~ and iiutu:as ~ u ~ ~ • . ~ lac~.ted tr.erein to secure to Sublessor Sublez~ee'c perzos~aaaca oi al: o: ~ ~ ~ ~ , Lessee'~ dutie~ berawadeic, iacludia,g~ but not limitad to, tha psty~-...~:at of ~ - f ~ ' . ~ ' . ~ ~ -3- ~ _ ~ ! ~ , _ - - w~ " ~ - _ - ; ~ . ~ ~ - ~ ~ z-~~- ~~:U:~~:a _~_r.:_,v_. . _ _