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8A~1' L. ~:i~:P~
K(T()fcNE: AY l~:Y
4:3 CITY NATIONAL 81.:~K 8UIt01N3
MIAI~AI. FLORIDA 33130
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AMENDI~£NT TO IANG TERM LE~?SS
THIS AGRBEI~+II:NT, entered into this 4th day of ~ptemiber
1974, by and bet~:een RYSRSON & HIiYNBS REALTY, ZNC., a Delaware
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corporation, hereinafter called "Lessor", and HIGH POINT OF
FORT PI$RCE COIdDOI"lINIUM ASSOCIP?TION SBCT~ON 1, INC. , a Florida
non-profit corporation, hereinafter called "Lessee", which said
terms shall be deemed to extend to and include the heirs, legal
representatives, successors and assigns of the said parties. -
WITNESSETH:
WI~REAS, the parties hereto, on April 12, 1974, entered
into that certain Long Term 7~ease involving certain premises
situ~ted in St. I,ucie County, Florida, more particularly
described on "A" and"B" attached to said lease, which lease
was recorded in Official Record Book 226, at page 558, et seq. i
Public Records of St. Lucie County, Florida; and
~ WHEREAS, the pa?rties hereto desire to amend the said
i
lease;
NOW, THEREFORE, in consideration of the mutual covenants .
herein contained and the sum of One Dollar to each i.n hand paid
by the other, the receigt cf which is hereby acknowledged, the
parties agree as follows:
l. That said Long Term Lease is amended by Sleleting
therefrom subparagraph C. of Article ~IXIV at page 18 of said _
- lease in its entirety, and inserting in lieu thereof the
following:
~ "C.' The Lessor understands and acknowledges that
~ in connection with the sale of each individual condo-
~ minium apartment unit in the condominium property
the purchaser thereof may desire to purchase his
unit, utilizing the proceeds of a mortgage loan
which mortgage will encumber #.he unit being so
acquired. Zn the light of such information, thP
Lessor hereby covenants that said Lessor's lien
described in the precEding paragraph is subordinate
- aoo~231 ~Z09~ -
t_/?W OFFICE3 BART L. GOMEN, CITY NATIONAL 9ANK BUII.~ING~ MIAMt~ FLORIOA
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