HomeMy WebLinkAbout0848 The owner of rach condominiun~ unit, as ~videncad by the
recordation.~f a d~~ed thereto, s1,a11 automatically become a member
of the Managet~ent Association; in the event that the aforesaid
Managemen~ Agreement is t~rminated in any manner. Each conc~ominium
unit shall be entitled to cast one (1) vote in matter upon which a vote
is required. The affirmative vote of a majority of the raembers
constituting a quorum shall be necessary to conduct the business of
the Management Assaciation.
It is recognized that th~ sole purpose of the Management
Assaciation shall be to per£orm the terms and provisions of this
Non-Exclusive Ninety-Nine Year Lease in lieu of the Manager and that
the Lessee shall continue to be entitled to possessory and use interest
herein and make all payments required by this Agreement and be bound
by its terms and provisions.
10. He airs and Maintenance. Lessee shal] 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 the
same in good condition. This covanant shall include the obligation
upon the part of the Lessee to replace or renew when necessary any
item of £urniture, fixtures, machinery.and equipment and all such
replacements and r~newals shall be at least equal in quality and
class to the ariginal 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 aIl portio~s of the
Demised Premi,ses 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
' upan the Demised Premises shall be a part thereof and thereby the
I property of the Lessor, without payment therefore by the Lessor, and
~ shall be surrendered to the Lessor upon the expiration or earlier
; termination of this Lease without cost or charge to the Lessor.
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11. Mechanics~ Liens. All persons are hereby placed on notice
~ that the Lessee s a never, under a~y circumstances, have the power
, to subject the interest of the Lessor in the Demised Premises to any
~ mechanics' or materialmen's lien or liens o£ any kind, in the absence
! of a specific provision to the contrary herein contained authorizing
~ 3.n 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 any person claiming under, by or through the Lessee,
shall and must look only to the interest of the Lessee in 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, within thirty
(30) days after the date ~pon which notice thereof shall come to
its attention~ 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 right 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
removed and discharged against the Lessee and as for additional
rent due, said additional rent to be due and payable within fifteen
(15) days of the date of notice thereof to the Lessee.
12. Indemnification. .
a, Lessee covenants and agrees with the Lessor that duri~g
the term of this Lease, the Lessee 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 Less's title in
the premises, arising by reason of or in connection with the making
of this Lease and the leasehold interest hereby created in the
Lessee, and if it becomes necessary for the Lessor to defend any
action seekin~ to impose such liability th~ Lcssee will pay the
Lessor all costs of court and attornf~y's fees incurred in
connection viith any such defense, in addition to any other sums
which the Lessor may be call~d upon to pay by reason of entry of
a Judgment against the Lessor in litigation in which such claim
is asserted.
aooN 223 ~~E 848