HomeMy WebLinkAbout2957 ment and increase of the basic rental a8 or any subsequent arxi
future aomputation date.
5. Rights Reserved Unto Developer. Until the Devel~oper shall
have comp e e eve opmen , promo on and salea oP all apartmerite
and shops to be constructed at the Condominium, it shall have the fol-
loxing righta with regard to the Dend sed Premises, notWithataniing ar~r
othar provisione of this Leaee to the contrary:
a. The right to use and occup~y exclusively ar~r portion of
the Demised Premisea deaignated as oPficea" in the aforerePerred
to plana of the Demised Premises.
b. The right to use, occupy and demonstrate, on a non-ex-
clusive basis, all oP the Demiaed Premisea for the purpose of
promoting and aiding in the sale or rental of the corxiominium
unita on or to lie constructed in the condominium apartment build-
ing. Such rights shall not be exercised in an unreasonable man-
ner not consiBtent with the rights of the members of the Leasee
to use, occupy and en~oy such portions of the Demiaed Prend ses.
c. Nothing herein contairied shall serve in any way to re-
duce Lesaee~s obligations Por the payment of rent, taaes, repair
and maintenance of the Demised Premisea.
d. The Developer shall have the further right to display
and erect signs, billboards and placards, and to store, keep, ea-
hibit and distribute written, audio and viaual promotional mate-
rials in and about the Demised Premises.
e. No act of the Developer eaercised or performed pursuant
to the rights reserved to it under the provisions of this Article
~ shall be construed or deemed as a breach of the Lesaor'a cov~enanta
hereunder or as an actual, implied or constructive failure of the
Lesaor to deliver poseession of the Demised Premises to the Lea-
aee, or as an actual, implled or constructive eviction oP the Lea-
see from the Demiaed Premisea, or as an excuse or JuatiPication
I for the Lesaee~a failure to promptly, fully, completely and con-
tinuously perform ita covenanta and oblig,atione hereunder.
E
6. Rights Rese rved to Lesaor.
a. Non-exclusivity. The Lessee apecifically acknowledges
~ that this s a non-exc usive Lease, and that the Lessor reservea
the right to lease the Demised Premisea to other persons, natural
or artiPidal, upon such rentals, terms, and for such period as
the Lessor may determine upon, without the consent or approval of
the Lessee, provided only that a~r such additional Lessee -shall
be required to pay equitable contribution towards the cost of main-
taining the Demised Premises, as well as tor+ards all of the obli-
gatione herein imposed upon the lesaee, such as real eatate
ta~ces, insurance and_the like, provided, however, the exis-
~ tence of any such additional Lessee or Lessees ahall not in
any Nise serve to diminish or reduce the Leasee's obligation
Por the payment of rent as herein contained.
b. Easements. The Lessor speciPically reserves unto it-
self ami o a o those claiming by, through and under it, an
, easement for pedestrian traffic over, through and across side-
walks, patha, walks, halls, lobbies, e~atora, and other por- ~
tions of the Demised Premises as may be from time to time in- ~
tended and is designated ror such purpose and use; and for .
vehicular and pedeatrian traffic over, through and acrosa such 1
portions oP the Demised Premiaes as may from time to time be ~
paved and intended for such purpose and uae. An easementa ia E
l~rther hereby created in perpetuity, in favor of OOIANNADES ~
CONDOMINIUMS, its euccesaors ar~d aeaigns, for park-
_4_ a~~K135 PA~~2955
LAW Oi/IC[i OF dOLOST[IN. FRANKLIN. CHONIN 3 KNRANK, P. A.. 2020 NORTHEAST IA9~D STREET. NORTN MIAMI lEAGM, FLORIOA ~,IA!
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