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HomeMy WebLinkAbout1892 In the event the lessee is obligated to pay such costs, the amount collected by the Lessor will be paid to the Lessee herein; and the Lessee will not be entitled to a reduc- tion in any amounts to be paid by it under this Lease, in ex- cess of the amounts so collected. If the Lessor is obligated to pay such costs, the Lessee herein will be entitled to an equal reduction in the amounts to be paid by it under this Lease for the maintenance and operation of said recreational facilities. All of such sums paid to the Lessee will be apportioned among said condominium apartment owners, in equal shares; but the obligations of said additional lessees and of the Lessor to pay the amounts herein set forth and the making of such additional leases will not diminish the liability of the Lessee herein and said condominium apartment owners to pay rent. Their obligations to pay other expenses will be diminished or reduced only as herein specifically set forth. The Lessor has and will establish such easements as are necessary for the use of the Demised Premises by all of those entitled to such use. 8. DEMOLITION, CONSTRUCTION AND MAJOR ALTERATIONS. ` The Lessee will undertake no demolition or new con- ~ struction on the Demised Premises, nor will the Lessee make any major alterations in the improvements, buildings or equipment ~ located on the Demised Premises without the prior written _ consent and approval of the Lessor and upon such terms and conditions as the Lessor shall require. However, nothing in this paragraph shall be construed to relieve the Lessee of its obligation to ; maintain and repair the improvements located upon the Demised Premises. 9. PAYMENT OF TAXES. ~ - _ The Lessee will promptly pay all taxes levied or assessed against the Demised Premises and against all~improve- ments, buildings, equipment, furniture and fixtures now or here- after constructed or brought upon the Demised Premises by any ~ and all taxing authorities subsequent to the year in which the , i improvements described in Article 5 hereof are substantially com- ~ pleted and continuing during the term of this Lease, including i k ad valorem taxes, personal property taxes, special assessments, ~ liens for public improvements; and in general all taxes, tax : ~ liens, or liens in the nature of taxes which may be assessed ` ~ or imposed against the Demised Premises and against all improve- ~ ments, buildings, equipment, furniture and fixtures now or here- after constructed or brought upon the Demised Premises (including ~ interest, penalties, fines and costs). In the event any such taxes, assessments or liens are ~ayable in installments, the Lessee will have the right to pay the same as such installments fall due if the right to make payment in installments has not ~ been revoked or lost. ~ Said taxes will be paid at least thirty (30) days ~ prior to the time when they would become delinquent, in accordance ~ with the law then in force and effect. The Lessee will have ~ the right to contest the validity of any such tax and to seek ~ a reduction in the valuation of the Demised Premises and of all { ~ improvements, buildings, equipment, furniture and fixtures now ~ or hereafter constructed or brought upon the. Demised Premises for tax purposes, by complying with the applicable law. However, ~ if the Demised Premises, or said improvements, buildings, equip- ment, furniture or f ixtures w~ould be in danger of being forfeited ~ or lost by such contest or proceedings, the Lessee will first : ~ ~ ~ -6- FEE. PARKER & FEE. P. A. ~y/~, - ATTORNEYS AT LAW Un~~~~ I POST OFFIGE BOX f000 py ~Lt ~ ~ fORT PIERCE. FLORIDA 334'SO - ~ - _ - - 3 ~ x ,i'- _ _ ~ ~ _ _ _