HomeMy WebLinkAbout1517 ment and increase of the baaic rental as of any subseque nt and
future aomputation date.
5. Ri hta Reservsd Unto Develo~er. Unti= the Developer shall
have comp e e e eve' opmen , promQ or? and sales of all apartmerits
and shops to be conatructed at the Condominium, it shall have the fol- ;
l.oNing rights with regard to the Demd.sed Premiaes, notMithstnrding ar~pi i
other provisiona oP this Leaae to the contrary: ~
a. The right to use and occup~y excluaively a~y~ortion of ~
the Demised Premises designated as officea" in the albrereferred ,
to plans of the Demised Premises. ~
~ b. The right to uae, occupy and demonstrate, on a non-ex- ~
alusive basis, a~~ of the Demiaed Premisea for the purpoae of ~
promoting and aiding in the aale or rental of the condominium }
units on or to be conatructed in the condcmitzium apartment build-
ing. Such rights shall not be exercised in an unreasonable mnn-
ner not consiatent xith the rights oi' the membera of the Lessee ;
to uae, occupy and enJoy such portiona of the Demised Prem~ ses. i
c. Nothing herein contained ahall eerve in any way to re-
duce Leasee's obiigations for the payment oP rent, taxea, repair
and maintenance of the Demised Premises. ~
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d. The Developer ahall have the further right to display ~
and erect signs, billboards and placards, and to store, keep, ex--- '
hibit and distribute Mritten, a~dio and viaual promotional mnte-
rials in and a~out the Demised Premiaea. .
e. No act oP the Developer eaerciaed or perPormed purauant
to the rights reaerved to it under the provisiona of thia Art~cle
shall be construed or deemed as a breach oP the Lessor'a eovenanta
~ hereunder or as an actual, implied or constructive failure oP the
Lesaor to deliver poasession of the Demiaed Premises to the Lea-
see, or as an actual, implied or conatructive eviction of the Lea-
see from the Demiaed Premisea, or as an excuae or ~ustification
for the Lessee's failure to proniptly, fully, complete ~r and con-
I` tinuoualy perform its covenants arid ob2lgations hereunder.
6. R1 ts Reserved to Lesaor. _ ~
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a. Non-eaclusivi~. The Leasee speciflcallq acknoKledges
that this s a non-exc uaive Lsase, and that the Leasor reserves
the right to leaae the Demised Premiaea to other persons, natural
or artifi dal, upon auch rentala, terms, and for such pe riod as
~ the Lessor maq deterffine upon, xithout the conaent or ap~roval of
the Lessee, provid ed only that ar~y such additional Leseee ahall
be required to pay equitable contribution toKarda the coat of main-
taining the Demiaed Premises, as rell ae tarrarda all of the obli-
gationa herein imposed upon the lesaee, auch as real eatate
taucea, inaurance ar~d the liloe, pro~~ided, ho~rever, the eais- ~
tence of any auch additiorial Lesaee or Lesaeea ahall not 1n ~
any ~ise serve to diminish or reduce tha I~easee's obligation ~
for the payment 4f rent as herein contained.
Easementa. The Lessor specif~cally reserves unto it-
self and o a o thoae cls3azing by, through and under it, an
easement Por pedeatrian traffic over, through and across side- ~
~?alka, patha, Nalks, halls, lobbies, elevators, and other por- ;
tiona of the Demiaed Premiaea as may be Prom ti~ to time in- 1
tended and ia deaignated for auch purpoae and use; and for
vehicular and pedestrian traffic over, through a,~d ac,rosa auch
portions of the Demiaed Premises as may from tim~e to tiue be
paved and interoled for such purpoae and uae. An easementa is
Purther hereby created in perpstuity, in favor of COLONNADES
CONDOMINIUMS, its successors and asaigns, Por park-
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lAY! OFFICES OF GOLD5TEIN. FRANKLIN, CHONIN Q SCHftANK. P. A.. 2020 NORTHEAS~ 163w~ STREET, NORTH MIAMI BEACH. FLORIDA 33162