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HomeMy WebLinkAbout0671 It is recognized that the sole purpoae of the Management Association• shall be to perform the terma and proviaiona of thia Non-Exclusive Ninety-Nine Year Lease in lieu of the Manager and that the Lesaee ahall conti~ue to be entitled to posaeesor_y and use interest herein and make all payments required by this Agreement and be bound by its terma and provisions. 10. Repaira and Maintenance. Lessee ahall at all times during the terms o a ase, a a own eapense, make all necessary re- pairs and replacements to the Demised Premises and maintain the same in good condition. Thia covenant ahall include the obligation upon the part of the Lessee to replace or rener? when necessary any item of furniture, fixtures, machinery and equipment and all such replacements and renewals shall be at leaat equal in quaZity ar~d class to the original equipment, furniahings, machinery or fixtures. Air conditioning, pool and other such equipment and machlnery shall be regularly serviced and maintained under appropriate service con- tracts. Lessee shall ke8p and maintain all portiona of the Dend sed Premisea in clean and orderly condition, free of accunula tion of dirt and rubbish arxi pest infestation. All bnildirigs, structures and improvements, Purniture, furniahings, fixtures, machinery and equipment noN or hereafter replaced or bought, or intended for use upon the Demised Premises shall be a part thereoP and thereby the property uf the Leasor, without payment therefor by the Lesaor, and shall be surrendered to the Lessor upon the expiration or earlier termination of this Lease without coat or charg~ to the Lesaor. 11. Mechanics' Liens. All persone are hereby placed on notice 'i that the Leaase s never, under any circumstancee, have the porer r to aub~ect the intersat of the Leeaor in the Demiaed Preeiaea to any = mechanica' or mdterialm~n'a 11en or liena of arpr kind, in the abaence s of a apecific proviaion to the contrary herein contained authorisina ~in apecifie terars the creation of aueh lien or liena. All persons ~ Mho ~ay hereafter, during the ters of thia Lease, furnish nort, la- ; bor, eervicee or oaterial to ths pre~isea upon the requsat or ordsr ~ of ~:e ~aoee, or arqr psrson clai~ir~g under, b~ or through the Lea- ~ aee, ahall ar~d auet look only to the intereat of the Lessee in con- ~ nection Mith pa~r~ent therefor, and not to the interest of ths Lsssor. ~ If an,y mechanica' liens are filsd or asserted against the~Lssaor'a ~ intereat in the De~iaed Premiaes, the Lsasee ahall, rithin thirt~ ~ (~0) da~rs after the date upon Kt?ich rwtice thereof shall come to ita attention, cause suah lien to be released froa the Lessor's ~ intereat in tLe De~laed Premiaea, in the vanner provided bT the ap- = plicable atatutea of the State of Florida, failing Mhiah, th~ Lesaor ahall have the right to eauae the eaid lien to be releaaed in the ~ ~ manner provided by the Florida Statutes, and shall have the right to thereupon charge the costs of having had tLe said lien re~ovsd and diecharged against the Leasse and as for additional rent due, eaid additional rent to be due and payable Mithin fifteen (15) daya of the ~ ~ date of notice thereof to the Lesaee. ~ ' ~ 12. Indsmnification. ~ a. Lsasee covenants and agr~ea Mith the Lssaor that during ~'M the tero of thia Lease, the Less~• Mill inde~nif~ and save har~leea the Leasor againat any and all clai~s, debts, demar~ds or obligations Mhich ms~ be made againat the Lessor, or againet Lsssor'a title in the premiaea, ariaing by reaaon of or in connection xith the making ~ of this Lease and the leaaehold interest hersby creat~d in the Lessee, arcl if it becomes necessary for the Leasor to deferd ar~y action seeking to impose such liability the Lesaee Mill pay the Lessor all costs of court and attorney's feea incurred in + - connection Nith any auch defense, in addition to at~y other sums € which the Le~sor ?nay be called upon to pay by reaaon of entry of .A~ a Judgment a¢ainat the Lessor in litigation in which such claim - is asserted. b. The Lessee Nill cause to be Mritten a policy or pol- ~ ~ icies of insurance in the form generally known as Public Lia- r - bil i ty and Property Damage and ~or Oaner' a Lar~d lord and Tenar~t ~ = Policiea, and r'3oiler Insurance Policies when there are boilers ~ ~ ° R 197 ?~A~E 671 ` } 8G~? _ ~ ~ :~~~N OFF~~ES OF 'vGl.^..STE'N FRAtiKL!N CF;CT::'N ~ SCHR4':K P A. ..~v '~GR?s~EAST 1ti~~ = S7i7EET NORTN btiAlA1 BEACH. FLORIGA 33182 :'i'k ; . . ~ . . , . .