HomeMy WebLinkAbout0055 29. Notice. Whenever, under the terms of this Lease Agreement, .
reference s3-ma3e to the giving of notice by one of the parties hereto ;
to the other, or whenever either of the parties shall desire to give
notice of any matter to the other, such notice shall be given and shall
be deemed sufficient when given by written instrument aent by regis-
tered or certified mail, return receipt requested, addressed to the ap-
propriate party, with postage prepaid. For the purposes of this para-
graph and this Lease, the addresses of the parties hereto are as fol- t
Iawa: '
LESSOR: 300 South Sth Street, Fort Pierce, Florida
LES~EE: 1323 Bayshore Drive, Fort Pierce, Florid a
Either party may change the address for giving of notice hereunder by
giving notice of such change to the other party in the manner above pro-
vided.
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30. Construction. This Lease shall be construed arxi ir~terpreted ;
in accordance w e laws of the State of Florida. ~
31. Severabilit . The invalidity in whole or in part of any cov- ~
en~un~, pro se or un ertaking or any section, sub-section, sen~ence, ~
clause, phrase or word, or of any section, sub-section, sentence, clause, ~
phrase or word, or of any provision of this Lease, shall not affect the #
validity of the remaining portions thereof. ~
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32. Captions and Titles. The captions and titles contained in
this Lease
ar~'or conven ences and reference only and in no way shall
serve to limit or describe the scope or intent of this Lease or any part
hereof . -
33• Termination of Condominium. A voluntary or involuntary ter-
~ mination o e ssee, or o e ondominium created by virtue of the ~
~ Declaration of Condominium, shall not termdnate this Lease. In the ;
~ event of a voluntary or involuntary termination of the Lessee, wherein ~
~ the Condominium is not likewise terminated, the successor associatio n ~
~ to the Lessee, organized or constituted according to the applicable stat- ~
~ utes of the State of Florida as contained in the Condominium Act, shall
~ assume and shall be chsrged with all of the duties, obligations and re- ~
s sponsibilities of the Lessee hereunder. In the event of a voluntary or j
; involuntary termination of the Condominium all of those persons ownir~g ~
; a condominium unit as of the date of termination of the Condominium ~
Y shall automatically and by operation of the Lease ~ointly and severally ~
~ constitute the Lessee hereunder and shall ~oint ~y and severally be ob-
~ ligated to perform each and every of the Lessee's covenants and prom- ~
- ises and ur~dertakings herein provided for. Upon a condominium unit own- ;
; er acquiring an interest in the Lesseets rights under this Lease, or ;
w becoming a Lessee under the terma of thia Lease, by reason oi' te rmina-
~ tion of the Condominium, his rights hereunder may thereafter be assigned
only if there then be no default in any of the provisions of this Lease, j
~ and only if such assignment be in connection with a sale, transfer, or ~
_ hypothecation of all of his rights in the property Nhich was, prio r to '
~ termination of the Condominium, condominiwn property, excepting only
~ and provided that any institutional first mortgagee which shall become
an owner of a condominium unit or a tenant in common in what had been ~
~z condominium propertV by foreclosure of deed in lieu of foreclosure, ~
shall not be liable or obl3gated in any way by the provisions of this
section, but the grantee of any such institutional mortgagee shall be
fully liable and obligated for the payment of a proportionate share of
- the rental due and attributable to such condominium unit during such
= period of time as the conciominium unit shall be occupied by a tenant or
lessee holding under, by or through such institutional first mortgagee.
34. Waiver of Rights. The failure of the Lessor to enforce any =
;;y~ covenant, o ga on or agreement of the Lessee herein contained shall ~
_ not constitute a waiver of the right to do so thereafter, nor shall it ~
- constitute a waiver of the right to enforce any other covenant, obli- ~
gation or agreement herein contained. a
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35. ~+mendments. Gnce recorded, this Ninety-Nine Year Lease m~y ~
not be amen e excep by instrument in writing executed by the parties ~
hereto, daly recorde3 in the Public Records of St. Lucie County, Florid a. ~
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-19- BOOK ~90 PAGE 5~ ~
~a~V OFfICES OF GOLDSTEIN. FRANKLiN. GHONIN 8 SCHRANK. P. A.. 2C20 NORTHEAST 163A~ STREET. NORTH MIAMI BEACH. FLORIDA 33t62 ~