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HomeMy WebLinkAbout1537 natui~e, ~l.l ~f' ti•rhich are hereinZft~r called "ta::es ancl ~sscss-- ments'', s~rh~ch are a~sessed, Zevied, coni'irn.ed, irr.pased or char~:~ci a~ainst t:iie Demised I'rer~,jsES for th~ year 1972 an~ sub:;eou~nt ye~3rs dtirir~ tt~e terms of this Lease. Payrr.ent of a~l such i:~~:es and assessments shal~ be nade by the LE;ssee to the L~ssor r~i.thin fi f teen (1 S) days of wrI tten d emand there for, pro~?ided, hot•?eve r, ~ if any such tax or assessrr.ent is payable or may be paj.d at the i ~ option of the taxpayer in installrr.snLs (whether or not in~er~st ~ shall accrue on the ui~pa3d balance of such tax or assessn:~nt}, ~ Lessee may, at its optton, pay the sarr.e to~ether with ar~y accrued ; intei~est on the unp~id balance of any such tax or assessment, to ; the Le~sor in inst;allm~nts no less than thirty (30) days before ~ the sar:e shall respectively become due and, provided, further, , that as to any tax or assesstr.ent applying to a fiscal period of • the taxin~; authority wherein part of the perial is included witl',-- ' in the term of t}iis IP~;e and a part of the tax or assessment is for a period of ~ir;e after termination of' this Lease, the said tax or asscssment shall be prora~ed an3 ad~usted b~tween the Les- sor and Lessee as of the date of termination of this Lease. b. ~tothin~; in th:is Artic].e shall obli~ate the Lessee to pay the inco~;~, inheritance, estate or succession tax, or any ~ other tax z:hich may be levied or assessed against the Lessor with respect to or because of the income deriveci from this I~e~se, exceptin?; that in the~ event the State of Florida, or any poli ti- cal subdivision thereof, shall durin~ the term of this Lease im- pose a tax or• excise on rents, and shall levv or assess the sarr~ against ~he Lessor as a su~stitution in whole or in part for tax~s assessed or imposEd by such State or poli~ical subdivision thera- of on land arr1 buildin~s and/or persor~ulty, the sarr:e shul.l be deem~d to t~e included wii:hin Lhe term "taxes and assessrr:ent:~", - and the Lessee shall pay and dischar~ge such tax or excise on rent. Any obligation in the nature of a"sales tax" or "use tax" tha~ sha11 becor:~ due or payat~le by reason of the rentals p~~yable by ~ the LQssee un3er the terms and provision~ hereof shall Ue the ob- ; ~ liga'tion of anci Sha1I be paid by the Lessee. c. The I,essee s1za11 have the ri~ht to con~:,est the amaun~. or valicity of ar~y tax or assessn3snt and nothin~; here~n sh~,7.1 ~ imply any ri~ht on tlie part of the I.~ssee to defer or postoo~~ such p~yment for any such purpose unless such proceedinos shall ; operate to prevent or s~ay the collecticn of ~he t;ax or asses;;~ i m~nt so contesi.ed and the Lessee shall have deposited with thc ~ I,essor the amount so con~ested an3 unp~id, togeLher with al]. in- ~ terest ~.nd penalties in co~~nect;ion therewith and all clit~r~;es that may or r.?i~;ht be assesse3 a~;ainst or becom~ a charCe or ~~~_:n on the Der~f.sed Premises, or ar~y part thereof, by reaso~~ of such contes t or ~y reason of tre d elay in the payrr.~ent oP t.he tax ~s- sessm:.~nt; which m~y restilt fro~r, such con~est. Upon terr~irLZti.c~ii of such pr•oceedln~s, the I~ssor shall pay the an:~unt of' any stich ~ tax or assessrr.Pnt or any part thereof as shall be finally dei;Lr- min~ct by such proceedin~s to be due and payable, to~eth~r wiL-h any costs, rLC'3 ~ inter~~s t;, pen~ lties or liabilities in connec~~ on theret~rith, frorn th~ monies c~eposited by tYje IPSSee, aforesa.id, ~ and shal.l returli ar~y re-r.ainir.~ sunU to th~ Lessee cvithottL- inLer~tl ~ es~. If at an,y tir.:~ durin~ ttie course of such conte~t pr~eeed-- _ in`s ~t shall app~ar to t}~~ Lessor that the ar~~ocint ~e~~ositec? by ; tt?~ L~~ssee ~_s or may be insiiff'icient to pay in f~_~1_1 the a~.~ur~u ~ of the ta}: and assf~s,~:~.,iit, t;o~;ether• t•~ith all i.n~~r~s~, p^n~lt.ies ~ ar.d ott~er c1~ar~,es ~:l-~ich rr.~y Ge ~t~curred b~f re?so~1 of the cont~:~~; f proceelir.~s, or lf at the ~er±r:ir.~tien of such p: oce~.din~;s it; # shall or ~:ay at~,,~.ar ti~aL thc~ ar:.~un< «~~po~ited by~ th~ L~s~ee fs :fr,-- ~ suf['icic?~~L t.o i~-~~~ in full t;h~ amount i'ou~:3 to be due, thn I~ssor ~ sh~~l l. h«v~ ~Y:e r•j ~-ht t-~~ 1°~r,~~.rc th~ Lnssee ta dc~osiL sl?ch ~.~~d~.-- ~ tlon~l_ su:.~~~ z;; i.i}c I:.~:;~c,,~ r~~~;,~ i•i:asor~~bly re~uesi;, a~~3 uron f~til.- ~ ul~e oI' t}r~ L.^::;ee t:o c'.c: ~o w~tilln t~~i_rf;y (?0) da~-s of dem~rx3 ~ thc r•~ for arr.~,u;; ~ ~ hc rc tof'ore rle~os i. 4ed ~•ri th t}.e Lessor n.a.y b~• ' ~P~;]_i~~,; t.c, 1~:=:;-,::,~~~:, .~r~,:.~v~.l an~i disct~~.r~,e of aiz~ t}~en ~e~~~:i~~,- ar,ci cc~r1',~~s ~~:1 t~.>: or tL:~.;c:s:~r„~,nt, ~.nd ar.y <le ~ inqt?Ency shall t~ ' ; tI'i:`Ii:CC? c`; t?ilr~'l~_C~ l'C1"1:. ilitr 7.,^,~;:i0: $t;, 1:}"iC ~p:',SE.'C~3 SCJ~.(? E'i:t'~'i"Iti~it ~ > > st~~L11 ~o ~ r~ S n~.; s~i~~'~ ~~rocecd 1 n~~,s if any lst~r slz_;11 s~ ~~e~t~ t~:. 1 gaaK ~.97 ~i5~~5 ~ r ' . c . ~t~l-`' c~(~ : ;Tr ~:7. r r~4t!r..I:: i.~,~ . . . ~ ~ . . !t , ~li. . . - ; • - r r ti - - - . 1:' c T! R!Ih`.11 CI : -~1. FLGe.•• . : J7 _ .