HomeMy WebLinkAbout1569 The ~wner of each eondominium unit, as evidenced by the
recordation of a deed thereto= shall automatically become a member
of the Manageaer.t ~ssociation; in the event that the aforesaid
Managemen~c Agreement is terminated in any manner. Each conclominium
unit shall be entitled to cast one (1) vote in matter upon ~vhich a vote
is required. The affirmative vote of a ma;jority of the r~embers
constitutin9 a quorum shall be necessary to conduct the business of
the Management Association.
It is reco~nized that the sole purpose of the ~lanagement
Association shall be to perform the terms and provisions of this
Non-Exclusive Ninety-Nine Year Lease in lieu of the Manager a~d that
the Lessee shall continue to be entitled to possessory and use interest
herein and mak~ all paymer.ts required by this Agreement and be bound
by its terms and provisions.
10. Re airs and Maintenance. Lessee shall at all times during
the terms o t is ease, at its own expense, make all necessary
repairs and replacements to the Demised Premises and maintain ~he
same in good condition. This covenant shall include the obligation
upon the part of the Lessee to replace or renew when necessary any
item°of furniture,-fixtures, machinery and equipment and all such
replacements and ren~wals shall be a~ least equal in quality and
class to the original equipment, furnishings, machinery or fixtures.
Air conditioning, pool and other such equipment and machinery shall
be regularly serviced and maintained under appropriate service
contracts. Lessee shall keep and maintain all portions of the
Demised Premises in clean and orderly condition, free of accumulation of
dirt and rubbish and pest infestation. All buildings, structures
and improvement, furniture, furnishings, fixtures, machinery and
equipment now or hereafter replaced or bought, or intended for use
upon the Demised Premises shall be a part thereof and thereby the
property of the Lessor, without payment therefore by the Lessor, and
shall be surrendered to the Lessor upon the expiration or earlier
t~rmination of this Lease without cost or charge to the Lessor.
11. Mechanics' Liens. All persons are hereby placed on notice
that the Lessee s a never, under any circumstances, have the power
to subject the interest of the Lessor in the Demised Premises to any
mechanics' or materialmen's lien or liens of any kind, in the absence
of a specific provision to the contrary-herein contained authorizing
in specific terms the creation of such lien or liens. All persons
who may hereafter, during the term of this Lease, furnish work, labor,
~ services or material to the premises upon the request or order of the
~ Lessee, or am~ person claiming under, by or through the Lessee,
shall and must look only to the interest of the Lessee ir. connection
~ with payment therefore, and not to the interest of the Lessor.
If any mechanics' liens are filed or asserted against the Lessor's
interest in the Demised Premises, the Lessee shall, wi.thin thirty
(30) days after the date upon which notice thereof shall come to
its att~ntion, cause such lien to be released from the Lessor's
interest in the Demised Premises, in the manner provided by the
applicable statutes of the State of Florida, failing which, the
Lessor shall have the- righi: to cause the said lien to be released
in the manner provided by the Florida Statutes, and shall have the
right to thereupon charge the costs of having had the said lien
remaved and discharged against the Lessee and as for additio~al
rent due, said additional rent to be due and payable withiil fifteen
(i5) days of the date of notice thereof to the Lessee.
12. Indemnification.
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a. Lessee covenants and agrees with the Lessor that during
~ the term of this Lease, the Lessee will indemnify and save harmless
~ the Lessor against any and all claims, debts, demands or ebligations
~ which may be made against the Lessor, or against Less~s title in
~ the premises, arising by reason of or in connection with the making
of ~his Lease and the leasehold interest hereby created in the
Lessee, and if it becomes necessary for the Less~r to defend any
f action seeking to impose such liability the Lessee will pay the
~ Lessor all costs of court and attorney's fees incurred in
~ connection with any such defense, in addition to any other sums
~ which the Lessor may be called upon ta pay by reason of entry of
~ a Judgment against the Lessor in litigation in which such claim
is asserted.
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