HomeMy WebLinkAbout0568 C, votning herein contained shall be construed as authorininq
~;.a :,essor to neclare this lease in default, howev~r, where the
.:a:aLl~ consists in the non-payment of rent or taxes or mortgage
.~,,,.:.~ats required by the mortgage to which the Lessor's intere~t
~ean raade subordinate,until such r.on-payment shall, in violation
o~ ~.:~e ter•ns of this lease, have continued for fifteen (15) days
~~~~r written no~ice o~ such default shall have been given by the
Lzsso= to the Lessee, and where the alleged default consists of
vio2ation other than the foregoing, the Lessor may not
~ac~u~a this leasa in default until such violation shall have
c~:,~:nuen for t.''iirty (30) days after the Lessor shall have given
Lessee written notice of such violation, and Lessee shall not
::Mva w:uertaken, during said 30-day notice period to cure said
v~~~a~ion by vigorous and affirmative action; provided, however,
:.~::;.ir.g nerein contaiaed shall be construed as precluding
~:.a sso+ fro:.i :zaving such remedy as may be and become necessary
;:;,rder to preserve the I,essor's right and the interest of the
~ ~ o r i n ~.:ze pre.~ises and this lease, even be~ore the expiration
::r.e grace or notice periods provided for in this paragrap
h i f,
;;:;;,c~ ~articular circumstances then existing, the allowance of such
r,r~ca or the giving of such notice would prejudice or endanger tlne
:is;:~s and estate of the I~essor in this lease and in the demised
e:..ises .
All default and grace periods shall be deerr.ed to run con-
c;:r~aztly and not consecutively.
E. It is mutually covenanted and agreed that the various
~;S:~s, powers, options, elections, privileges and remedies of the
~as~or contained in this lease shall be construed as cumulative,
a:.;: no o~e of them shall be construed as being exclusive of the
o::.e_ or exclusive of any rights or priorities by law.
~
; c. ~t is fi;.rther covenanted and agreed by and between the
~_i__
` ~~..~es hereto that the right given to the Lessor in this lease to
~ co;lec~ tne ren~ that may be due ur.der the terms of this lease by
~ a:~~ proceeding urrder the same, or ~he right to collect any additional
~ r2:.~, ~oney or payments due under the terms of this lease by any
~ ~:oczedings unde: the same or the right given the Lessor to enforce
; a:,y of the terms and provisions of this lease, shall not in any way
~ ~~~act the rights of such Lessor to declare this lease void and ~
~ ~:ia ~erm hereby ended, as herein proviaed, when default is macie
~
~ i.: ~'r.e payment of said rent, or when default is made by the Lessea
~ i:. a:.y of the ternc~s and provis ions of this lease .
~
G. If at any time, by reason of the failure of the Lessee to =
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~ ;caa~: v:.d perfor•r. any covenaat or a5reeneat which, under the terms
<<# o= ~r.is laase, the Lessze is bound and obligated to keep and perfor:r?,
~eco:.~es necessary for Lesso~ to employ an attorney to protect
= ~~g:~s and interests of the Lessor in the property demised, or
~ ~:.+orce th~ ~ease or proceed under it in any particular, tY.en,
~:.y of suca evants, the i.essee wil~. owe and will pay~ unto Lessor
costs of court and reasonable attorney'e fee~ incurred or expended
~ ~y ;.ae Lessor ~i~c~ taking such actions.
ti soo~22~ ~~E 568
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LAW OFFICEg BART L. COHEN, CtTY NATIONAL BANK BUILOINC3, MIAM1~ FI.OR ~A
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