HomeMy WebLinkAbout1529 perPorm any other act on its part covenarited herein to be performed by
it, including the asaesament agai~at condomi~ium unit orrnera for iaon-
ies necesanry to pay the rente herein provided far ar~d the other ob13-
gationa o! tho Lesaae herein contained, then the Lea$or mny, but shall
not be obligated to, Kithout notice or demat~d upa:~ the Leaaee, perform
the act ao omitted or failed to bs pertormed by the Lessee, or pay the ~
moniea ahich the Leaaee haa failed or refused to pay. If suah perform-
ance by the Lessor shall conatitute in whole or in part the payment o!
monie~, such monies paid by the Leasor, t~geiher with interest thereon 1
at the rate of ten (109K) percent per annum, shall be deemed additionnl ;
rents due and payable the Leasor on demand, or, at the optlon oP ~he ~
Lessor, the said moniea nisy be added to any rent then due or th~reaPter '
becoming due under the terms and provi~ns of this Lease, and the Les- °
see covenants to pay any such suma ~?ith the said interest, arxi the Les- ~
sor shall have, in addition to any and all other righta and remedies =
herein provided, the same righta arid remediea aa ex;st pursuant to the
terms and provisions hereof, as xell as by operation and rules oP laN,
in the event of default by the Lessee in the paynrent oP rent.
22. Quiet__~~Eh_ ~o~~ment. The Lesaor eovenants and agr~es Kith the `
Lessee tha~o To - '
ng as ~Fie Lessee keeps and performs all of its cove-
nsnts her~ein made the Leasee ahall have quiet and undiaturbed and eon-
tinued poase8sion of the Demiaed Premises sub~ect only to the terms ar~d
provisiona of this Lease herein provided, and the easements herein re-
ferred to. ~
23• Lessor~s Ri ht of ~t . The Lessor and its agents shall. hnve
the right oi' en ry upon e em sed Premises at a21 reasonable times
to eaamine the condition and use thereoP, and iP said gremd.ses are dam-
aged by any casualtv xhiah causes the premisea to be exposed to the el-
ements, then the Lessor may enter upon the prem'_ses to make emergency
repairs, and it shall have the right to recover the costa the~eof Prom ~
the Lessee as additional rent du~ under the terms of this Lease.
24. Title to Demised Premiaes. The interest of
tihe Lessee in.
the Demise rem ses s e su ect to: ~
~
a. The title and rights of the Lessor, and the terms, ;
conditions arxi proviaions of this Ninety--Nine Year Lease. :
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b. All easements Nhich have been or which may hereafter ~
be created by the Lessor, or ~oined in by the Lessor, for the
purpose of providing for utilities, passage, or other use de-
signed to permit the full utilization and en~oyment oP ttie De-
mised Premises, and of the Condomin3um apartment building, by
the oxners and occugan~s of condominium units as the Condomi-
nium.
c. `I'he lien of any mortgagee in conriection with any mort- ;
gage now exiating or hereafter created encumbering the Dem~sed ~
Premises, provided, however, that any such mortgage ahall ac- }
knowledge the ex istence of this Ninety-Nine Year Lease Agree-
ment, and the Lessee's rights hereunder, so Zong as it shall
faithfully perPorm each and every of its duties and obligations
herein imposed.
25. Default Clause. ;
Y2
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a. It is further covenanted and agreed by and betr~een the
parties hereto that in case, at any time, default shaZl be made
by the Lessee in the payment of ar~y of the rent he~ein provided
for upon the day the same becomes due and payable, or in case of
default in re2ation to liens, as he reinabovs provided for, or if ~
the Lessee shall fail to pay any of the taxes or assesaments here-
in provided Por, or in case of the eale or forfeiture of the De- I
mised Premises or any part thereof during the term hereof for ~
non-payment of any tax or aasessment, or in case the Lessee shall
fail to keep insured any building or improvements Khich may at
any time hereaPter be upon the said premisea, as her~e3n provided
-16- ~rt;~193 1527
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LAW OFFiGES aF GOLDSTEiN. FRANKLIN, CHONIN Q SCHRANK. P. A.. 2020 NORTHEAST }63wo STREET. NCRTH MIAlNI BEACH. FLORfDA 33182 (