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therexith, from the monies dep~sited by the Leseee, as aPoreaaid,
and shall return any remaining awna to the Lesaee wlthout inte~r-
est. If at a~y time duri~ng the course of such ~ontest proceed- ;
ings it ahall appear to the Leasor that the amcurit deposited by
the Lesaee is or may be inaufticient to pay in full the amount ~
af the tax and asaesament, together Nith all interest, perm lties t
and other chargea Nhich may be incurred by reaeon of the contest
proceedings, or if at the termination of such proceedings it
shall or may appear that the anaunt deposited by the Lessee is in-
sufficient to pay in full the amount found to be due, the Lessor
- shall have the right to require the Lessee to deposit such addi-
tional sums as the Lessor may reasonably requeat, and upon Pail-
ure of the Lessee to do so Mithin thirty (30) days of demand
therefor the an~unt theretofore deposiiced with the Leasor may be
applied to the payment, removal and discharge of ar~ then pendit~g
and contested ta~c or assessn~ent, and ar~y delinquency ahall be ;
treated as unpaid rent. The Lessor, at the Leasee's sole expenBe, - ;
shall ~oin in any such proceedings if any laM ahall so require. ~
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d. The Lessee may, if it shall so desire, endeav~r at any
time to contest the validity of ar~y assessment, or to obtain a
lowering of the assessed valuation upon the Demised Prend.aes for
the purpose oP reducing sny asseasment. In such event the I~ssor
~ will offer no ob~ection and at the request of the Lesaee, Mithout
expense to the Lesaor, Nill cooperate with tr~a Lessee. If re- '
quested by the Lessee, and provided he will rwt in the reasonable ~
~udgment oP the Lessor incur ariy eapense or liability thereby,
the Lessor xill-execute any documents Nhich may be_necessary and
proper for any such proceedings. Any reftinds shall be the prop-
erty of the Lesaee to the extent to rrhich it may be based on a
payment oP an assessment made by the Lessee. _
e. The Lesao r may at any time require the Izssee to depos~ €
it Punds for the payment of current te~ces and assessments on the
Demised Premiaes in a bank or trust compan~r selected by the Les-
sor. Such Punda shall be held in the name of the Lasaee, with
any interest payable to the Lesaee, but the depositery shall be
prohibited from paying auch funda to anyone other than the appro- ;
priate taxing authority except upon the r~ritten consent of the
~ Leasor. The Leasee ahall so deposit one-tKelfth (1/12) of the
; current annual taxes, or those of the precedinig tax yea~ if the -
i current taxes hav~e not then been : ixed, on the first day of each
' month in advance, except that all additional funds required for
any payment shall alao be depoaited on the first day of the final
month during Mhich or at the end of xhich a payment is due and
paqable Mithout intereat or penalty, and during Mhich the msaci-
mum d?.scount for early payment is allowable wider the IaM. Not-
Mithstanding the foregoing, at auch time aa the I~essor me~y first
require tl~e-~,easee to make auch depoaita, the firaY deposit made f
bq theE` Lesaee shall be in an amount eufficient to create a bank ~
balance equal to what it w~u~_ci rave t~een Y,~c the Leaaor required
the first such monthly deposit to have been mac~e on the firat day
of tt~c month inmediately succeeding the month during Mhich the
tax could have been paid ~rith the ~axinum permiasible diacount
for early paynrent a1loMed urider the lap. `
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8. Inaurance Premiums and Utilities. Lessee covenanta ar~d ~
agrees tha s pay pre uma or a Snsurance policies xhich
the Lessee is obli ted to carry under the terms of thia Leaae not ~
leas than fifteen ~15) daya prior to the date upon ~+hich the same
shall become due, and that it xill eahibit to the Lessor prooP of
such payment reithin ten (10) days after making payment. The Lesaeo
shall itiirther make all neceaaary deposita in connection Kith and
pay all billa and charges for gas, electricity, light,heat, poxer,
and telephone or other communication service, ar~d for~ all other f
utilities used, rendered or aupplied on or in coru~ection xith the . ~
Demised Premises, and shall indennify the Les~or against arty lia-
~ -s- e0~~~'93 15~.7 ~
~AW OFF~CES OF GOLDSTEIN, iRANKLiN. CHONIN Q SCHRANK. P- A.. 2020 NORTHEAST 163po STREET. NOR'!H MtAMI BEAGH. FLORIDA 33162