HomeMy WebLinkAbout2758 NOTICE OF LEASE
21g~4 -
THIS IEASE. ~nod~ oe th• ~ doy of ~Lb~'al`ry 19`~ 1
b~tw~~n FORT PIERCE FIELDS P'LAZA a Joint Venture of MELVIN F. SE:tBLER,
married FRED A. BESHARA, sing~e, ALBERT L. DANGLFR, married, and
NICHOLA~ MANOS, married
(h~r~~noiltr toll~d "lmdlo~d") o~+d FOOD e 4IR STORES~ INC. ~ a Pennsylvania
corporation
(h~.~inofr~r coll~d "T~no~t"l.
~ Mfi TN ESSETH: - ~
1. Coocurr•ntlr h•.ew~th th• porties 6ov~ ~nt~~sd into o lony form Lecss Ay~~emsnt ("Lon9
Form') which sets forth oll tM terms, cov~nonts ond eondi~ions b~twe~~ tF?~ partiss. Scid Lonq
Form tontaios, anang oth~s ptovisions, th~ k+llowi~p:
2. Londlord hsreby Isases to T~nont and T~nonr her~dy hi~~s from Londlo~d tl~t pr~mis~s locattd
o~East side of U. S. Highway :~o. 1, north of Florida East Coast Rail
Road Cut-Off, in the City of Fort Pierce, County of St. Lucie, Florida,
to be known as Fields Plaza
and mo?• po.ticularly described os De :.sed Premises in Scneouie ~~~i~' and shown outlin~d on
Scheduls "B", toget6er with all imprav~ments now or titreoft~r ~~ecr~d thereon and oll righ~s cnd
oppurtenonces the~~unto belonging. Demised Prernises is part oF the Entir• Premists d~scribed
in Sct+~dul~ "A" and shown outiined on Schedule "B". Th~ building ro be erected upon Demised
i Premises is h~rein colled "The Build~nq".
i
~ 7ERM AND 3. The term of ihis Leose ("The Terrn") shall eommence upon deiivery of Demised Pr~mises to
i
; COJNMEt~CEMENT ~enont in oecordonce with t~e prorisions of the Long Form a~d sholl er.d on th~ lost doy of the
i
~ month ncxt following tl+s ~:P~rat~o~ oi Twenty-five ~25~
, y~ars oher such commencement date, at midnight, u~less wo~er terminotsd or extended as in ths
E Lony Fum provided. Upon tommencement of The Term the perties will execute o memorondum
~ s~ttiny forth the commencement and termino~ion dotss.
• RE:IEMAI d. Landlord gronts to Tenont five (5) seporote options to e:tend the T~rm for f~ve (5) s~porate
~
4 OPTIONS consecu~iva oddirional perio~s (here~noits? colled ~'Renewul Periods") of five (5) yeors eoch on
~
{ th• same terms and cond~t~ons as set forth in tfiis Leose for The Term. Eoch option shal! be
i
i •xe.cised by Teno~t g~vin9 notice ~o Lendlord ot leust s~x ;6) months 6eFore the expirotion of the
€ Ttrm or Renewat Perioa then ~n efFect, ond, vpon such e:erci se, the Renewol P~riod sholl become
po?t o( the Terrt:. The e~ercise by Tenonr oi any such option shall be condit~oned upon {o) Tenont's
t:erc:se of oli prior opt~ons, ond (b) there be~ng no existin9 moteriol defoult ot the time of such
~:erci s~.
:
i
~ OPTICN TO S. Pr~or to th• tomm.ncement dofe of The Term, if Landlord shall recei.e from any third party a~
`s 6UY occeptable bono F~de oifer ro p;:rcnase the wi+ole or ony part of Ent~re Frem,ses i~ sholl su!~mir o
~ wnrten copr o( svcF. offer to Ten~..t 9,v,ng Tenenr rh.rty (3U) doys wirhir. wh~ch to atect to mee~
~ such oi(e.. If Tenonr elects to meet such offer, it sholl g~.,e lanElord ..r;rten not~ce rtier~of end
~ s~~tlsme~t sholi be held w~eh,n n~~ery !90) dors +l.ereafrer, wi~ereupon Land~ord shall cw:vey to
~ T~nont o gooC er.d mor~eroble ~~ele to the prem~ses sUb~ect to so~d olfe., free and clea: of ~II
; I~sr.s, cnc:,rr.brencez and resrr~c~~ ~ns.
t
~
~ }
s ~
a }
?
~ 7 . ~ i
~ ~ lGI ~s7 ~ - , i
~ .
; /
r ~;.v : Fcg. 1 ~c~ .i ~ -~~c~c I"~~
~ INITIAL /~~~?~~j ~ s
~
? , .
~ ~ ~ , f ~ ~ J ~ ~N.., ~y~ ` `
b~~~ ~
~ , r ~ , tl s
- - ~ -