HomeMy WebLinkAbout0918 .
"1. f.~x~•~.
a. G~n~•r~tll . ~lt~~. 1_~•~:;~•~• ~~,v~n.,~~ts and agre~s to pay to
the L~•ssor a r~.sl c.~st.+t` t~~x~s~ ~sst~sments and other govern-
mantal levies an~i charyi:s~ c~~n~r.~l ~rr:i special. ordinary and
extraordinary, fur~s~~n ~n~i unfui~seen. of vrhatever kind and
nature~ all ~f~ wtlich ;~rt t~~r~~tn~~ft~~r c~ll~.~d "taxes and assess-
ments", whict~ ~~r~: :~ssc,ssed, 1~~~~i~•d~ confirined~ imposed or
chargc:d ag.~inst thc~ D~:mis.-d l~r.:r:iis~5 for tha year 1973 and
subsequent y~~~rs c~urinc~ tt?~: t~~rs~~s of this Leas~. Payment of
all such taxes ~n~! .~ss~ssm~•nts st;all b~ mad~ by the L~~ssee to
th~ L~:ssor wi~hin f it t~~~n d:+y~ ~~i ~~lritten d~:m.~nd therefore, ,
provid~:d~ ha.r~-v~:r~ if any such t:~x or assessment is payable or
may b~ paid ~t th~ oFtiun, ~;ay th~ same togeth~r with any
accru~~d int~rest en th~ unp:~i~i b;~lance of any such tax or assess-
ment, to the L~.~ssor in inst.~ll~?ents no l~ss than thirty (30)
days before th~.~ samc; shall r~sp~ctively become due and. provide~
further, that ~~s to any tax or a5sc~ssmEnt applying to a fiscal
perio~ of th~~ taxin9 authority whcrein part of the period is
includ~d withi~i th~ t.el'Rl of ttiis L~,ase and a part of the tax
or ass~ssment is for a period of-time after termination of this
Leasr, the s.~id t~x or sss~~ssrnent sh~ll be probated and adjusted
betwe~~n the Lessar ana L~ss`e ~s of the date of termination of
this Lc~se. -
Nothiny in this tirticl~ shall obliga~e the Lease to
pay th.: income, inherit~nc~~, est~~te or succes~'dn tax, or any
~ther tax which rnay bc: levi~d ~r ~ssessed against the Lessar
with r~s~~ect to or because of thc~ income derived from this Lease,
excepting th~t in tha tvent thEr 5tate ot Florida~ or any political
subdivision thereci, shall during the tErm of this Lease impose
; a tax or ~xcis~ .~n r~.~nts. and sh~ll l~vy or assess the same
~ ayainst ti~~ L~sscr as a substi,tu~ion in whol~ or in part for taxes
~ . assessed or imp~~s~~d by , si,ch ~t;,te or political subdivision thereof
~ on land and huildings and/or F.E~rsonalty. the same shall be
~ ' deemed ta b~ inclu:~~d u~ritt,in the t~rm "taxes and assessments' ,
~ and the Lesst-t, shall pay ~n~ discharge such tax or excise on
' rent. Any ~hliyation in th~ n~~ture of a"sales tax" or "use
~ tax" that st,~,ll b~~come du~~ ~r payable by reason of the rentals
~ payable by thC Lesse~ under thc~ trrms and provisions hereof shall
~ be the obliyation ~f and st~.~ll be paid by the Lessee.
~ .
~ c. I~he L~~s~~e shall hdv~: th~: riyht to contest the amount
' or validiLy ot ~ny tax or assessment and nothing herein shall
~ imply any ~~i~ai~t on the r,art of the lessee to d~fer or postpone -
suct~~ p~:y:-:~-:~. or any :;uc?~ c.urpo~e unless such proceedings shall
~ operat~- co E-rev~~nt or st~~y ti?e coll~ction of the tax or ass~ss-
~ mrnt sc cont:~:.t~c~ anci~ th~ Lessec shall hove deposited with the
y~ Lessor th~ :~,nc:unt so c:-nt~sted and un~;~aid, together with all
~ interest dn~.i r?.~lti~s in c~nnection th~re~vith and all charges
~ that m~y or rnic~hL t:_ osst s5~~d ~gainst or become a charge or lien
~ an th~ I~~rnis4-~.i i:--~r~~i~es, ~r any ~;~~rt ther~o:, by reason of such ,
~ ccnt~st or by r~asc~n GT tt~~ ciL~lay in the payment of the tax
assessment ~vhich may rF~s~~l t frorn such cont~st. Upon termination _
~ of such prac~.~-::inc~s, th~ Li:ssor shall pay the amount of any such
tax or assess,~c:nt or any ~~r~ ther~of as shall be finally deter-
mined by such proc~edings t~ b~: du~: and payable, together with
~ any costs, f~-=~~, interest, ~:~nalties or liabilities in
ccnnection ±h~r~~with, from th~ monies deposited by the Lessee,
as afor~~said, and shall return ~ny remaining sums to the Lessee
without int~r~st. If at ~ny time during the course of such
cuntest procL~dings it s}?dli :~ppear to the Lessor that the amount
deposited by the Lessee is ar m~y be insufficient to pay in full
the amount cf t~~e tax anci assessment, together with all interest,
prnalties an~i other charq~s which R~ay be incurred by reason of the
contc~st ~rccE•tdi~-~c~s, or if at thc terrr~ii~aticr: cf such ~rn~eedings
-f-F it sh~sll ~~r m.y eFpc~ar that the amount depcsited by the Lessee is
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