HomeMy WebLinkAbout0873 i; {
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s;the premises and the lease term expires, all annual rental paid (
~y the lessee during the term of this lease ehall be considered
~hcent and lessor shall be entitled to retain the entire amount
Without any accounting to lesseej provided that thia lease shall
(~ot have been previously terminated, and that~ lessee has ob$erved
~'and complied with all tenas and conditions of this lease required
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~of lessee. up to the time of the exercise of,this option and the
~~,~payment of the purchase price therefor.
j; (C) Lessor shall convey the demised preinfses by warranty
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i'deed, free and clear of all liens and encumbrances, excepting
i'a firat mortgage held by_First Federal Savings and Loan Asaoci-
~~ation in the amount of ~pproximately Fifty Thousand Eight
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~~Hundred ($50,800.00~ Dollars, recorded in O. R. Book 217 at
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Page 374 of the Public Records of St. Lucie County, Florida,
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'dated August 2. 1973, and excepting any taxes, assessments, rates.
i`.duties, imposts or charges that may have become a lien against the
;~premises since the date of this lease.
(D) The deed shall be accompanied by an abstract of title
~,showinq good and marketable title, passing under and by the re-
t~sulting conveyance.
~ (E) The deed to the lessee by the lessor within a period
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! - i':to be specified in the written notice of election to purchase,
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~ ::which period shall be no less than thirty (30) days, nor more ~
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~ i;than sixty (60) days from and after the day of receipt of notice {
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~ ;by the lessor, except that if a longer period than sixty (60) days
~:is required for search, examination or clearing of title to the
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~:demised premises, the time for delivery of a deed shall be ex-
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~ '~tended for a reasonable time.
~ (F) On delivery of the above-described deed and abstract
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~ of title, this lease shall become void.
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~ ; (G) This option is expressly subject to a Multiple Listing ~
~ `.Service Contract dated April 11, 1974, for a term of six months.
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~ ' Page Six. ~
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e, 228 ~ 87'1
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