HomeMy WebLinkAbout1730 for, or ahall fail to expei~d insurance money, as herein provide~~ ~
for, or if the Lessee shal? Pai~t to perPorm any of the covenant~ ~
of this Lease by it to be ~:ept and performed, then, arid in any
such evant, it shall and mr.y be lawful for the Lessors at its ~
electior., to declare the demised !;erm erxled, ancl to re-enter upon ~
said pre,nises and building and improvements situated thc~eon, or ~
any part thereof, either with or without process of law, the sPid !
Lessee rereby waiving atly demaixl for• Fossession of said premises ~
and any rand all bui~dings ~nc~ inr~roven;ants then situateci thereon; ~
or, the Lessor r,~y have such other reinediQS as the law r~nd this ~
instrument afford. The Lessee covenants and agrees that upon the
terminatic,n of the demised term at such election, or in any other
way, the~ Lessee will surrender ar~d deliver up the Demised Prerd.ses ~
pea~eably to the Lessor, its agents or at~orneys, imr~ediately: 3nci !
if the Lesaee, its agents, Rttorneys or tenants ahall hold t;~e said ~
pr•emises, or any part thereof, one day after the sar:~e shoLla
be aurrendered according to the terma of
tihis Lease, it ahall bc ~
deemed '
guilty of Porcible detainer of sai~ premises urrler the st~t-
ute and shall be sub~ect to eviction or r4moval, for:ibl,y or other-
wise, with or witl~out due prc~~ess of law.
b. Though this be a It'inety-Nine Year I,ease, the parties ~n-
derstand and agree that the relationship between them is that of
Lan3lorZ and Tenanl:, and the I~essee speci.fi cally aclmowledgea that
all statutory proceedings in the State of ~lorida regulating t,he
relat_tonship of Lan3lord and Tenant respecting cotlectlon of renc
or poss~ss~on of the premises accrues to the Lessor hereur,der.
c. Nothing herein contained shall be construed as author-
izinq the Lessor to declare this Lease.in default where the de-
fault consists it~ the nan-payment of rent ~r taxes, or payments
on Lessee created mortgages on Lessee~s interest in the DemisEd
Premis~s, until such non-payment shall in riolation of the teirr~
oP this Lease have continued for fiPteen (15) days a~ter written
notice of siich default shall have been given ty the Lesbor to the
I~essee; and where the aileged dei'ault consists of some violation
othcr than the foregoing, the Lessor may not declare this Lease
in default untt:. such violation shall have cont3r,ued for thirtZ?
{30) davs af~er ~he Lessor shall have given the Lessee written
notice of such violation, and thE Lessee shall not have under-
takcn, during said thirty day period, to cu~e said violaticn by
vigorous and affirmative action; provided, however, that r,othing ~
herein cuntained shall be construe3 as precluding the Lessor ~
Prom hr~ving such remedy r.R may become necessary in order to ~re--
serve the Lessor~s rights and the interest of the Lessor i.n ~he ~
premises and in this Lease, even before the expiration of the
grace or notice periods provideo for in this paragraph if, un-
der par•ticular circumstances then existing, the allowance of
~uch grace period or tY~e giving of such notice would pre~udice
or endanger the rights and estate of the Less~r in this Lease ~
an3 in the Demised Premises.
d. All d efault and grace periods shall be deemed to rur -
~ concurrentiy and not consecutively. ~
e. It is mutually covenant~d and agreed that the various
rights, pok•ers, options, ele~tions, privileges and remedies oi'
the Ir~ssor contair,ed in this Lease shall be construed as cumula-
tive, and not one of them shall be construed as being exc;lusive #
of any rights or prioritie~ by law. ~
f. It i: further covenanted and agreed by and betv~ee*~ the ~
parties hereto that the right to the Lessor in this Lease ~o c~l- ?
lect the rent that may be due ur.3er the terms oi' this Lea~e by '
any proceedings •~nder Lhe samt, or the right ~o collect any add3- ~
tional rent, mor~~y, or payments du~ under the terms of this LFase
by any proceedinErs under• the szme, or the right~ given the ,',,e ~sor
t
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LAW OFFIi f£ AF GOiQSTE1K, fRaNKLIN, C/tCNIN O SCNRAttK p A., 20.•O NONTHCAST 143en 57RC[T, NORTN MM;.11 pFACH, FLOI`ILA 3'lI6J. k
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