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HomeMy WebLinkAbout1901 ~ assignment and assumption aqreements are promptly recorded in the public records of St. Lucie County, Florida and unless an executed oriqinal thereof is delivered to the Lessor, together with a reference to the book and page number of recordation. No assignment, transfer or assumption will ever operate to release any prior Lessee or its members from any of the obligations or liens hereof, unless_and until a written discharge, duly executed by the Lessor, shall be recorded in the public records of St. Lucie County, Florida. The Lessor and the Lessee will give to each other written statements as to the status of this Lease within fiEteen t (15) days after written notice requesting such statements has been received. Said statements will state whether or not this ~ Lease is in good standing and, if not, they will state the ; • particulars in which it is not in good standing. Failure to t give such statements within s~id fifteen (15) day period will ; constitute a representation that this Lease is in good standing ~ and said representation may by relied upon by any person as being ~ true and correct. Said notices and statements will be deemed to ~ be given, and the time period specified will begin to run, when f they are deposited in the U. S. certified or registered mail with postage prepaid. 18. INDEMNIFICATION. The Lessee covenants and agrees with the Lessor that during the entire term of this Lease it will indemnify and save harmless the Lessor against any and all claims, debts, demands or obligations which may be made against the Lessor or against the Lessor's title in the premises, arising by reason ; of or in connection with the making of this Lease and the owner- ship by the Lessee of the interest hereby created; and if it becomes necessary for the Lessor to defend any action seeking to impose any such liability, the Lessee will pay the Lessor all costs of court and reasonable attorneys' fees incurred by the Lessor in effecting such defense,.plus any other sums which the Lessor may be called upon to pay by reason of the entry of ~ a judgment against the Lessor in the litigation in which such claim is asserted. . 19. BANKRUPTCY. Neither this Lease nor any interest therein, nor any estate thereby created, will pass to any Trustee or Receiver in bankruptcy or to an assignee for the benefit of creditors or 't othexwise by operation of law. ' 20. LESSEE'S DUTY TO KEEP DEMISED PREMISES IN GOOD REPAIR. The Lessee will keep all improvements, buildings, equipment, furniture and fixtures constructed or brought upon ~ the Demised Premises in a good state of repair and in first cZass condition; and will not suffer or permit any waste or neglect of any of said property. The Lessee will repair, replace and renovate said property as often as it may be - necessary in order to keep it in first class repair and condition. 21. QUIET ENJOYMENT. The Lessee shall have quiet and undisturbed and continuous possession and use of the Demised Premises free trom any claims of the Lessor, subsequent to the completion of the -15- SOOX ~ PAC~: FEE. PARKER ~ FEE. P. A. ATTORNEVS AT LAW POST OFi1CE BO}: /000 ~ FORT PIERCE. FLOR~DA 33450 '.~.~,,,x - t - - - - - ~~'~~~"~~rr-~-:~~~~t _ ~ X . ~ .-~-a~x~ -