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Home My WebLink About0051 20. Duty of Lessee to Pa . It shall be the duty and obligation , ~ of the Lessee o asseas a condominiwn unit owners, in accordance with j the provisiona of the applicable laws of the State of Florida, dealing with condominiums, the Declaration of Condominium and the By-Laws Qf ~ the Lessee for such monies as shall be necessary to pay the rents arxi < other obligationa provided for by this Lease, and to otherwise perform ~ its covenants and promises contained herein. - i i 21. Lessori s Ri ht to Perfbrm Lessee's Covenants. in the ~vei~t ; Lessee sha a o pay e cos s o ma n nance an repairs required _ to the Demised Premises, or if it shall fail to take out, maintain and ~ deliver in~urance policies required herein, or shall otherwise fail to ~ perform any other act on ita part covenanted herein to be performed by ( it, including the assessment against condominium unit owners for raon- # ies necessary to p~}r the rents herein provided for arid the other obli- ~ gations of the Lessee herein contained, then the Lessor may, but shall ; not be obligated to, without notice c.:~ demand upon the Lessee, perform ~ the act so omitted or failed to be performed by the_ Lessee, or pay the monies which the Lessee has failed or refused to pay. If such pe rPorm- ~ ance by the Lessor shall constitute in wh~le or in part the paym~ent of monies, such monies paid by the Leasor, together with interest thereon ~ at ~he rste of t~n (10~) percent ner annum, shall be deemed additional rents due and p~yable the Lessox~ on clemand, or, at the option of the ' Lessor, the said monies may be added to any rent then due or thereafter becoming due under the terms and p~ovisions of this Lease, and the Les- see covenants to pay any such sums with the said interest, and the Les- , sor shall have, in addition to any and all other rights and remedies herein provided, the same rights and remedies as exist pursuant to the terms and provisions hereof, as well as by operation and_rules of law, in the event of default by the Lessee in the payment of rent. i 22. Quiet ~~o ment. The Lessor covenants and agrees with the Lessee tha~ so long as e Lessee keeps and perf'orms all oP ita cove- nanta hnrpin ma~P the TPaqee sh811 haV@ at11@t and undisturbed 8~ COtl~ ~ tinued possession of the Demised Premises sub~ect only to the ternis and ` provisi~ona of this I~ease herein provided, and the easements herein re- ferrred to. ! ~ 23. Lessor~a Right of Entry. The Lessor and its agenta shall have ; the right o en ry upon e em sed Premises at all reasonable times ~ to examine the condition and use thereof, and if said premises are dam- ~ ; aged by any casualty which causes the premises to be exposed to the el- : ements, then the Lessor may enter upon the premises to make emergency ~ repairs, and it shall have the right to recover the costs thereof from $ the Lessee as additional rent due under the terms of this Lease. ~ 24. Title to Demised Premise. The interest of the Leasee in ~ the Demise re ses s e su ec~ to: ~ ` a. The title and rights of the Leasor, arxi the terras, ' ~ conditions and provisions of this Ninety-Nine Year Lease. ~ ~ b. All easements which have been or which may hereafter ~ be created by the Lessor, or ~oined in by the Lessor, for the purpose of providing for utilities, passage, or other use de- ~ h signed to permit the full utilization and en~oyment of the De- ~ migr.,,+r,3 PrgmicF+R~ anc~ nf r.he Condominium apartment buildir~K, b_y , T~ the owners and occupanta of condominium units as the Condomi- ~ nium. ~ _ ~ = c. The lien oP any mortgagee in conriection with ar~y mort- gage now existing or hereafter created encumbering the Demised = Premises, provided, however, that any such mortgage shall ac- - knowledge the existence of this Ninety-Nine Year Lease Agree- ~ - ment, and the Lessee's rights hereunder, so long as it shall ~ faithfully perform each and every of its duties and obligations ~ herein imposed. ; f ; ,;y -15- BORr,1~8 PAGE 51 ~.aW OFFICES OF GOLDSTEIN, FRANKLIN, CHONIN s SCHRANK. P. A.. 2020 r~ORTHEAST 163r+o STREET. NORTH MIAMI BEACH. FLORIDA 33I62 • ~