HomeMy WebLinkAbout2922 5. ACCOUNTING. The Lessor shall have access upon written
req~est as to a reasonable time and place to the accounts and records ~
and books of the Lessee with reference to the operation of ~he snack
bar, lounge and miniature golf course for purposes of inspection and
verification. -
6. USE OF LOI~lGE FACILITIES. The facilities of the lounge
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shall be open to and available only~to the lot awners, their immediate
family and guests. The Lessee shall decline to serve or make availabie
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these facilities to ar~y other persons except upon written consent of
the Lessor's Board of Directors. •
7. QUIET ENJOYMENT. The Lessor covenants and agrees with
Lessee that so long as the l.essee keeps and performs all of its
covenants herein made, the Lessee shall have quiet ana undisturbed
and continued possession of the prem~ses.
8. CHANGES IN WRITING. No modifications, release or dis- i
charge or waiver of any provision hereof shall be of any force, effect,
ar value unless in writing, and signed by the Lessor and Lessee.
9. LEASING OF RECREATION BlIIlDING. The Lessee shall also
have the option upon seven (7) days written notice to the Lessor's
6oard of pirectors, to lease the entire recreation building, or any ~
portian thereof on a pro-rata rental basis, for a renta] fee of One
Hundred Fifty Doiiars (~i50.00) per day for the entire recreation
building. _ .
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10. CONSENT AND RATIFICATION OF THIS LEASE BY A UNIT OWNER.
It is specifically recognized and understood that some or all of the
persons comprising the originai board of directors and the officers
of the Lessor and Lessee corporations are also officers, directors,
employees and/or stockholders of the Lessor and Lessee corporations
under this lease, and that such circumstances of interlocking board af
directors, officers, err~7c~yees and/or stackholders shall not and cannat
t?e conside-red as a breach of their duties to the lessee corpcrations,
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