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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 ! ~ooK1y5 ~~17~8 ' - ~7. ~ ~ 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 i i ~ ~s:`~-~~-~,~~ . - . _ . _ _ . - . _ _ . , . . ' ~