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HomeMy WebLinkAbout1721 j 5 interest in the Derriscd Prem'_s~s, in the manner provided•by the a~- plicable statutes o.f' the State of Florida, failing which the Tkssor shall have the ri~h~ to cause the said lien to be released in the manner prcvided by the Florida Statutas, and shall h~ve the riqht to thereupo~ charge the costs of having rad the said 13Pn rcrn~ved rand diRChurged :.~ainst the Lessee and as ~or additiorial -rent dae, said additi~nal rent to be due and payable within fifteen (15 ) day-.~ of the date of notice the~eof to the Lessee. 12. Indemnii'i cation. a. Lessee cover.ants and agr~es with the Lessor that during the term of `:his Lease, the Lessee will itxiemnify and save harm- less the Less~r agair,st any and all claims, debts, demands or obligations t~hich :na,y be m~.de against the Lassor, or ta.gainst Lessor's ti~~e ia the p?~e:nises,' arising by reason of or in connection wit.h the m:king of thi~ Lease arxi the lea4e~iold interest. ~ here~~y cre3ted in the Ix.ssee, aml if it becomes nece~sary for the Lessor ta defei~d any action seeking to impose such liability the Lessee Wiil pay the Lessor all costs of court and attorney's fe es incurred in c~nnection w~~~h any such defense, in addit~on to any other sums which tY:~ Lessor may be called upon tc+ pay by reason of er.try of a Ju3gmer.t against the L~:ssor in litigation in which such claim is asserted. b. The Lessec wiil cause to be written a policy or pol- icies of insurance in t~e ~orm gene*_•ally known as Public Lia- bilit;~ and Property s~ar~age and/or Owner' a Landlord and Tenant Policiea, and 3oiler• Insurance Policies w:~en there are boilers included in any ir!provements located on the Bemised Premises, ir,suring the LP:~see against Sny and all c~aims and demands n~de by ar~y perso~i or persons whonaca~•er for inJuries received in connection with the operation and maintenance of the i~rovements and bui ldings loca ~ed on the Demis ed Pre mi se 3, or for arX,J othe r risks insured- against by such pc~licies, ea~h cl~as of whi ch olicies shail h~~~e been written with lirritts of not less than ~500,000.00 for damages incu;~red or clai~r~ed by any one perso"n, I' and for not less thar_ ~1,040,~00.00 for damages incurred or ~ claimed by more than one person as a rPsult af any accident or ~ incident. All such policies will nair.e the Lessee and Lessor, as f their respac~~i~e interests n~y appear, as the parties {ngured by ~ such policy or policies, and th~ ~riginal or a true copy of e3ch ~ of such po?ic;es shall be deliv~red by Lessee to L~~sor Fromptly ~ upon the writing of such polic;~r or polic?es, togethar ~ith adequate ~ evidenc~ of the fact that the px•emium.3 therefor are pai~; and, ~ in any event, such policies Pnd- evidence of payr.ient 3y t;1e. Les- ' see of the premiums shall be delivered by tne Lessee t~ :,essor before the expiration o; any tnen similar cov~er~ge and iii time to assure the Lessor that such coverage will be carried contin- uouslZ~. The said insur~.nce policy or policies shall be in such ~ form as herein set forth and in such company or coa~panies, and ~ in suc;i amc•~nts, in addition to the minimum amounts speciPied herein as the Lessor shall reasonably require. The said poli- cy or policies shall ecntain a provision reciting that the~ ~ coverage provided thereby may not be cancelled or changed with- out actual n~tice being giver, to the Lessor. ~ ~ c. Pr~perty Insuranc~. Lessee shall obt~in a:~d pay for ~ policies ~suranc~ui~in~ ~he buildings and im~rovemetits ~ now or hereaf te r lo ~fited upon and co~is tf tut ing a pol~tion of the Demiaed Prem~ses agair~~t loss by f~re, windstorm and such other ~ hazard3 as may be included in the broades ~ form of exte:ided cov- , ~ eraga frb~: ticne to ~ime avallable; and by b~iler explosior., if : ~ boilPrs are now or hereaf:er located in 2r.y portion of the De- ; ~ mised Pren~is~s; snd, to the extent requirFd by the Lessor, war damage o~• ~'am~ge by civil ir~surrection or ct,mmoi;ion as i:he sa~r~e `may not co~e: ed by ~ther policies heretnabove descriLe.l. . - 8- ~ofl~ i95 ~?~~~1g lA'Y OFFlClS :~F GOLD:;TEI". FRANKL.N. CHJNIf~ Q SChR~N:', p. A., 2020 NO:tTHEAST 163au STRE:T. NC'~H ~:IA~AI 6~ACH. FLORIDA 331=2 1 . ~ ~ , ~ .e. . r.. ~ - - _;.s~x ~ ` ~ _ y=