HomeMy WebLinkAbout1722 456889
OPTION TO PURCHASE
AND
Z
est.
THIS AQREEMENT, entered into this ~ O day o! ~ Ci;~ ,19 7 9
between R088RT SWAN and GAY SWAN, his wife, of 670 Sfr Richards Rd.,Mississauga,
Ontario, Canada L5C lA4 ,hereinafter called the lessor,
party of the first part, and EAST COAST AL1Jl~lINUM PRODUCTS, INC.
of the County of St. Lucie and State o! Florida
hereinafter called the leases or tenant, party of the second part:
WITNESSETH, That the said lessor does this day lease unto said lessee, and said leases
does hereby hire and take as tenant ~oocsparsc 902 Beil Av .
(See attached Description) on Certificate of Survey by Gerald Weatherington
3~ attached herto 96769A
situate ~ St. Lucie Florida, to be need and occupied by th•• lessee sa retail stor
warehouse, fabricating plant and
the o~wful purposes subject and conditioned on the provisions of
Five (5) years and Five(5)m~nths
clause tea of this lease beginning the 1st ~ of August
19 79 ,and ending the 31st day of December , 19 84 ,
at and for the agreed iotsk rental etc as follows
October, November and December, 1979, payable on the 1st day of c;aid month.
Two Thousand Nine Hundred Dollars (52,900.00) per month thereafter for the balance
of term, to be deposited to Account of Ross Hill Enterprizes,Inc., First National
Bank of Ft. Pierce, Account 100-818-8.
THIS AGREEMENT ALSO INCZUDES AN OPTION TO PURCHASE.
BXHIBIT "A"-AND EXHIBIT "B" FaRIi PART OF T8E HEREIN OPTION TO P[IRCHASB AND LEASB
all payments to be made to the lessor on the first day of each and every month in advance without
demand at the office of LESSOR in the City of
Fort Pierce, Florida or at Such other place and to such other person, as the lessor
may from time to time designate in writing.
The following express stipnlationa and conditions are made a part of this lease and are bere-
t by assented to by the lessee:
F1RST: The lessee shall not assign this lease, nor sub-let the premises, or say part thareot nor nee the qme,
or any part thereof, nor permit the same, or any part thereof, to be need for any other purpose than ss above stipu-
lated nor make any alterations therein, and all additions thereto, without the written consent of the lessor and
aU a~ditions, ihttnres or improvements which ma bs made by lessee, escept movable office fnrnfture. ahs~l be-
come the property of the lessor sad remain upon the premises as a part thereof, end be surrendered with the prem-
ices at the termination of this lease.
SECOND; All personal property ppie~~ced or moved in the premises above described shall be at the risk of
the lessee or owner thereof, and lessor shall not bs liable for any damage to said personal property, or to the
lessee arising from the bursting or leaking of water pipes, or from any act of negligence of say co-tenant or
occupants of tl?e building or of any other person whomsoever.
THIRD: That the tenant shall promptly ezecnte sad comply with all statutes, ordinances, r qs,
orders, regulations and requirements of the Federal, State and City Government and of any and all their Depa
G manta and Bureaus applicable to said premises, for the correction, prevention, sad abatement of nuisances or
other grievaacea, in, upon, or connected with said premises daring said term; and shall aLo promptly comply
with sad execute all rules, order and regalations of the Southeastern Underwriters Association for the preven-
tion of fires, at ;+'Q tort sad ezpense.
FOURTH• In the event the premise~sh~be destroyed or so damaged or injured tare or other caaaslty
during the lice of thb agreement, whereby s e shall be rendered nntenaatsble, then ~ lessor shall have the
' right to render said premises tenantable by repairs within ninety days therefrom. Tt said premises are not renderod
tenantable within said time, it shall be optional with either party hereto to cancel this lease. sad in the event of
sash cancelLtion the rent shag be paid only to ffie date of such tare or casualty. The cancellation herein mentioned
ahsri be evidenced in wilting.
FIFTH: The prompt payment of the rent for said premises upon the dates named, and the faithful observ-
ance of the Tales and regulations printed opan this lease, sad which are hereb made s part of fhb covenant, and
which the lease is made sad accep sad say failure on the part of the lessee to compy with the terms o! said
lease, or any of said Tula sad reguLtions now in a:drtence, or which may be hereafter prescribed by the lessor,
shall at the option o! the lessor, work s forfeiture of this contract, sad all of the rights of the lessee hereaader,
and thereupon the lessor, hb ageata or attorneys, shall have the right to enter said premises, and remove aH per-
. •
~ ~a~X3!.5 P~E1719