HomeMy WebLinkAbout0802 and obligations may be ap,portioned among the Lessees responsible
therefore, but such apportionment will not diminish each Lessee's
liability for payment in full of aaid expensea and obligationa.
Further, the obligation of the Lessee to pay the rent in the suta
specified in this lease ahall continue as the obligation of the
Lessee herein, its successors and assigns, without diminution,
reduction or abatement because of the leasing to other Lesseea
of a12 or any part of the demised premises.
6. 2. Cooo~aon Expenses . The co~ton expenses of the
Recreation Center shall include, but not be limited to, taxes,
insurance premiums, utility charges, repairs ana maintenance,
salaries, reserves for replacements and improvements, accounting
and legal fees and all other costs and expenses necessary and
reasonable for the purpose of operating the Recreation Center.
F _
E 7. LESSOR'S RIGHT TO ASSIGN AND ENCiA~iHER. The Lessor
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~ shall have the right to assign and encumber its interest under
~ this lease and to the Recreation Center as herein provided.
8. EXISTING MORTGAGES. The Recreation Center and other
~ lands are subject to existing mortgages to Iowa Land and Develop-
~ ment Corporation and Continental Mortgage Investors Trust, which
mortgages have been recorded in the Public Records of St. Lucie
County, Florida.
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