HomeMy WebLinkAbout0122 or in the event that the two arbitrators desiqnated by the parties shall
rai'i or refuse to appoint a third arbitrator within ten (10) days after
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~resident of the Florida Real Estate Board and the arbitration
shall proceed as if the arbitrator or arbitrators so desiqnated had begn
selected by one of the parties heretia or by the two arbitrators desig-
:.ated by the parties hereto. This agreement shall be specifically
eaforceable under the prevailing arbitration laws and judqment upon
tr.e award rendered by all or a majority of the arbitrators may be
e;~~ered in any court having jurisdiction. Said-arbitration shail be
Izeicl inthe State of Florida , Durinq the perio~ of arbitration,
Lessee snall not withold any rental or any payrr.ents due Lessor hereun3er.
C~sts aao cnarges of the arbitration proceedinqs shall be shared by the
~~~r ~:.es .
RENT ABSOLUTE
Sf~c~~ion 1301. Except as o~herwise specifically provided herein,
cia:r.aye to or destruction of any portion or all of the buildings, struc-
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~ ;.~areG and fixtures upon the demised premises, by fire, the elements or
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~ ~-~r.y other cause whatsoever, whether with or without fault on the part
~ ~essee, shall not terminate this Lease or entitie Z,essee to surren-
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~ c:~~ t:~e demised premises or entitle Lessee to any abatement of or ~
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~ ~e~uction in the rent payable, or otherwise affect the respective
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~ o:~~igations of the parties hereto, any present or future law to the
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~ co..trary notwithstanding. If the use of the demised premises for any
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~ ~~;:rpose should, at any time during the term of this Lease, be prohibited
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~ ~aw or ordinance or other governmental regulation, or prevented by
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~ ~r.junction, this Lease shall not, except as otherwise specifically
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i,~oviaed herein, be thereby terminated, nor shall Lessee be~entitled
py reason thereof to ~urrender the demised premi~es or to any abate-
- or reduction in rent, nor shall the respective obligations of
;.:,e aarties hereto be otherwise affected unless such eviction is due
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~o tne act of Lessor or any person or persons claiming any interest in
tne de~r~ised premises by or wnder Lessor. ~ }
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