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HomeMy WebLinkAbout1577 i ~sss SUBLEASE AGR~EMENT THIS SUBLEASE AGREEMENT, executed this l~ ay of i ~ 19 74 , by and between VILLA DEL SOL, INC., a non-profit Florida corporation, hereinafter called "Sublessor," and Leon L. Rich and Hazel C. Rich, his wife _ - ~ of 12135 N,E, llth Ct.,~iJorth Miami, Florida F i ~ hereinafter called "Sublessee." i ~ ~ ~ ~ ; , i~IT1v`ESSETH: ~ ~ , r ~ ~ Sublessor does lease, rent, let and demise, and by these presents ~ i does lease, rent, 1et and demise unto said Sublessee an equal undivided ~ ~ interest in the property more fully described in that certain Lease a ~ t Agreement between LANDMARK VILLAS, INC., a Florida Corporation of Jensen ~ . ~ Beach, Florida, as Lessor, and VILLA DEL SOL, INC., dated the 23rd ~ . ~ day of January , 19 70 , and recorded in Offical Record Book ~ 182 , Page 1384 of the Public Records of St. Lucie County, Florida. ~ ~ It is the intent of the Sublessor to enter into a sublease with each ~ owner of a unit in VILLA DEL SOL, INC., a Condominium, and each oM•ner ; , ~ sha11 acquire at the time of execution of their individual sublease, - ~ ~ an undivided leasehold interest that is equal to the leasehold interest ~ ~ ~ ` held by each of the other owners. ' 1 TERMS OF EXISTING LEASE INCORPORATED HEREIN. The terms of the existing lease between LA,~D~IARK VILLAS, INC. and VILLA DEL SOL, I\C. referreci te--a-bove, are incorporated herein by reference- as fully as if ; ~ said terms $nd-:-provisions were herewith set forth in full, except the ~ ~ provis~ons set out in this Sublease supersede contrary provisions in ~ ~ the lease. ~ ~ ~ : ~ 2 ~ ~ • ' ~ ~ ~ ~ TER~i. This Sublease is to run from the day of :a t~ fi , ~ 19 , through and including the 30th day of June, 2063, ; ~ ,~5~::;tr:,::,triV;~ 4-E,,.~~~G.~. ~ ~ TM t :c`:~8i~7 ~ .:.~~"'7 A , r- - i~t~VB ~ ~Q~K~ ~ r~~~ -1 - c Tc~'•`~ f _,a 33131 ~ ~ , f,;~~rt , i~~~ . ~ , ~ ~ : ~ - ; : ' ~ ~ ~ ~.u~~:~ -x - ~ : ~ ~ _ ~ . -