HomeMy WebLinkAbout0232 ' (1) CerL~tn Tal::~~;~s Not Inc1~~.ded. h~:ith~r a t~l:i n4;
of
less than ee s~ m~~ e -.u iior• a a~t:~n~; of ten (ll~`: )
perc~nt or less of the aparti,~enL units conta~.ned upon said
lands i.nu~~`diately prior t;o tihe tim° of
takin~ sl~al~ be con- ,
strued or considere~l as a talcln~;. ~'or the purpose of th1.s ~
para~ragli, a taYin~; of
an apartrnent ut~lt sha~.l Uaue oceurred ~
where at least sixty (G(}: ) percent of the floor sp~ce there- ~
of has been taken. ' ;
~
,
).`1~otax '1`alcing. li` such ~aking shaii involve tne
taking of a o'~he
apartm.ent units contained upon said ~
lands ircunediately prior to the tlme of
takin~, this Lease ~
shall terminate, effeetive as of the date of taking. i
(3) Partial Talcin~;. If the t3king be greater than
described ~n ara~rlp 5 b. (1) and less than the takir~
described in Paragraph 15 b. (2), above, the rent provided z
in Paragraph 4 shall be reduced effective as of the date
of' taking, by a percentage fi~ure equal to the percentage
interest in the common elements and in the com-non surplus
attributaUle to the condominium units taken, provided,
howevei°, th~t all other provisi.ons of this Lease shall
remain in full force and effect.
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16. Co;n,-r:encerr~nt of Obligations of Lease and Delivery of Fosses-
sion. The o ga on o e.essor an o'i° ssee pursu~n o
erms and provisions hereof, and right to passession and use of the De- ;
mised Premises, shall corrLmence as of t;he date of cor,unencement of the ~
term hereby created. ,
17. Security. For the purpose of securing unto the Lessor the
payment o e rent herein provided for, as i~~ell as the payment of any
ot;her stuns c~ue and payable the Lessor by reason of the terrris and provi-
sions herzof, or by reason of any advancerr~°nLs made to or on behalf of
?-L... T..~.~.i... 1... 4L.~ T r...oi.r+ ov t.rnl l oc fnr~ {'H[~ t~1tY~nllcr~ en~i~rinrr ~"~'1f?
Hill. li~+?Ul.~. U~ Vlivr L~uUVi ~ a.~u •\'~rli a.~v av+ v~a.. r.w+. j.+v..-v v~ ~-'U
performance of each and every one of the coveriants o~' the Lessee herein
, contained for the use and benefit of the Lessor, th~ Lessee does hereUy
~ grant unto the Lessor the folloti~in~ described liens ~;hich shall be cu-
mulative, provided, the Lessor may exercise one or more oi' the said
: liens tvithout thereby waivin~ t~ie others, or may exercise all sirnulta-
~ ncously.
~
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a. Lesseefs Interest. The Lessee does hereby give an3
~ ~rant unto le ssor a continuin~ first lien pararr.oui~t and su-
perior to all otliers upon all 01' the right, title and interes t
~ of the Lessee in arr.i to this Leasc and tlie Deir~ised Prem~sts. {
~
~ b. Lessee~s Assets. The Lessee does hereby ~ive and ~ranL ~ ;
unto the ssor• a con~uin~ fir•st lien parairx,unt an~: superior ;
~ to all others, includin~ apar~m~~nt own~rs, upon its assets and ~
corLnon ~ur•plus .
~
~ c. Condoin~~ nium Propert,y. The Lessee does hereby give
and grant un o e .s~~r ~i continu-ing 11en upon all of i:he
~ condominiurn parcels and condominium property ~s described in
~ the Decl<<rat;ion oP Condon~iniu~ of' the Condorntnium, inclucli.r,~; ~
~ all appuri;~nances th.~x~et;o, now or hereaf~er placed ~hereon, ~
` 811 1'Urr~iiure 1'1.XLi1T'ES IUI'ri? Si11I]ErS t(iL~Cil:i[l~t' -..tt3u Ci ui'~i~~iii: `
s ~ s J~ i
now or hereafter located thercon, kept or used in ~rxi about ~
r4 ttie corra~.on elen-~nts thereoS', and f.ixt;uL~s and equipment notti~ or
- hercafter contained or place:l upon any condorn:tnium parccls,
~ includzn~; air coi:~i ~ioners, stove~, rar.~es, r•ei'ri~erators, hot f
~rater heaters, ar.3 c~ishv:rys}~,ers, sai.ci lien L°in~ pr:ior arra su- ~
pe~~ior to all oi.h~r liens and en~ur~Uranc~s e};cept instiLtitional ~
fix•st rri~rt~a~es a~alnst cori~lo:niniur.~ units.
d. Obl_:~~:~i,~on of Ur~it O~rncr. A11 13~~n~ p:~ovic'.ed for izere- ~
in sh~xll : ccur-f:
~:~p~,yn;eii~ of a'~1 ~,ion:tcs due t}~~e ].~ssur her~-
s~~
uncle~~ ana rs~~~y L» for•cc]_~scd ~ri a r~.~.r~nez• prov:lcicd fer• t•t~e f'oi°~,-
closvre o~' ir:o~~t~~;t~ne prov:t.d~:d, ho':•:_°-L~e.~, no ltcn a~a.In~~t r.ny
~ fix~urc:: or• cc;uip;;:~i~t ~.n ~t GU:'idor~~ini_t.in unii ~}~~11 secure ~ ~u~n
~reate~~ thar? t}~~~ pc~r•cen~a„e o~' t.~~~: rot: e;;ist3_ti~ munies d~~c ~
ar~:~ ~;•rin" t;he Jl~s:.~x• b~~ t:~,~: Lcssc•e th~r, in c~cf~zult cqual to thc ~
Lr,,~ ~ R ~90 PACE ~~+J~
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~ OF! 1~'Ch OF GOLD~7F"IN. FRr:lIY.'•iN. Gfl.%::IN 6 SCHi:~.liK. P. A., : G.^.O I:Oi.711F-!•CT 1~.-~r;~ b7HFf.T. NOR1H 6'II.~.TI [iChCN. fLC'ClC~A ~71f~•.^.
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