HomeMy WebLinkAbout0856 d. All ubliyations assum~d and impos~d by the tErms and
conditions her~~f'are cov~n~nts running with the ~~nd and shall
pass successi~~ely upon the occasion of any transfer or assign-
ment of an interest in the Demised Premises of this Lease.
20. UutY of Lessee to Pa . It shall be the duty and obligation
of~the Lessee to assess ts condominium unit pwners, in accordance with
the provisions of th~ applicable laws of the State of Florida, dealing
with condominiums, the Declaration of Condominium and the By-Laws of
the Lessee for such monies as shall be necessary to pay the rents and
other obligations pr~vided for by this Lease~ and to otherwi~e perform
its covenants and promises contained herein.
21. Lessor~s Ri ht to Perforrn Lessee's Covenants. In the event
Lessee sh a to pay t e costs o n?ain*enance an repairs required
to the Demised Premises~ or if it shall fail to talce..~ut, maintain• and
deliver insurance policies required herein, or shall otherwise fail to
perform any other act on its part covenanted herein to be performed by
it~ including the assessment;against condominium unit owners for mon-
ies necessary to pay the~rents herein provided for and the other obli-
9ations of the Lessee herein contained, then the Lessor may, but shall
not be obligated t~, without notice or demand upon the Lessee~ perform
the act so omitted or failed to be performed by the Lessee, or pay the
monies which the Lessee has failed or refused pay. If such perfoxm-
ance by the Lessor shall constitute in whole or in part the payment of
monies, such monies paid by the Lessor, together with interest thereon
at the rate of ten (1~%) percent per annum, shall be deemed additional
rents due and payable the Lessor on demand, or, at the option of the
Lessor, the said monies may be added to any rent then due or thereafter
becoming due under the terms and provisions of this Lease, and the Les-
~ see covenants to pay any such sums with the said interest, and the Les-
sor shall have, in addition to any and all other rights and remedies
herein provided, the same rights and remedies as exist pursuant to the
; terms and provisions hereof~ as well as by operation and ruies of law,
i in the event of default by the Lessee in the payment of rent.
;
i 22. gui~et
En~'oyment. The Lessor covenants and agrees with the
; Lessee that so long as tFie Lessee keeps and performs all of its cove-
nants herein made the Lessee shall have quiet and undisturbed and con-
~ tinued possession of the Demised Premises subject only to the terms and
. provisions of this Lease herein provided, and the easements herein re-
ferred to.
23. Lessor's Ri ht of Entr . The Lessor and its agents shall have
the right o entry upon t e emised Premises at all reasonable times
to examine the condition and use therof, and if said premises are dam-
aged by any casualty which causes the premises to be exposed to the el-
ements, then the Lessor may enter upon the premises to make emergency
repaizs, and it shall have the right to recover the costs thereof from
the Lessee as additional rent due under the terms of this Lease.
24. Title to Demised Fremise. The interest of the Lessee in
the Demise Premises s a be subject to:
a. The title and rights of the Lessor, and the terms,
conditions and provisions of this Ninety-Nine Year Lease.
b. All easements which have been or which may hereafter
be created by the Lessor, or joined in by the Lessor, for the
purpose of providing for utilities, passage, or other use de-
signed to permit the full utilization and enjoyment of the De-
mised Premises, and of the Condominium apartment building, by
the oumers and occupants of condominium units as the Condomi- ~
nium.
c. The lien of any mortgagee in connection with any mort- `
gage now existing or hereafter created encumbering the Demised
Premises~ pxovided, however, that any such mortgage shal~ ac-
knowledge the existence of this Ninety-Nine Year Lease Agree-
ment, and tha Lessee's rights hereunder, so long as it shall~
faithfully perform each and every of its duties and obligations
herein impnsed.
-15- ~~?.~3 8~