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TWENTY-FOURTH: Lessee shall have the exclusive option of renewing this lease
• for an additional period of Five (5) years frow December 31, 1984 upon the Bane
tortes and conditions ,except that rent shall be 53300.00 per month, and shall
• exercise said option by written notice to lessor given at least Sixty(60) days
prior to the expiration date of this lease.
T'WSNTY-FIFTH: It•is agreed between the parties that upon the termination of
this lease notwithstanding any other provision hereof, Lessee shall have the right
to resavq•all of its lixtures and equipment that it will reasonably repair any
damage to the structure which will result from, said removal.
Tii1BN'1'Y-SIXTH: In consideration of this lease and the sum of ten (S10.00)
Dollars and other good and valuable considerations, Lessor hereby grants to Lessee
the exclusive option to purchase the property described herein according to the
terms and conditions of the Deposit Receipt and Contract for Sale and Purchase
marked Exhibit A and attached hereto on the following additional terms:
a. This option must be exercised i~ writing prior to July 1, 1983.
b. The total purchase price for said property shall be $328,757.00.
c. A certified or cashier's check for the l0i deposit payable to the Lessor -
or evidence of deposit as set forth in the Deposit Receipt Agreement steal
accompany said notice.
d. it is understood that an amount equal to 20s of all rents paid by Lessee
from January 1st, 1980 to date of closing shall be credited against the
purchase price of the property set forth herein.
e. The option to purchase is as to all of the property covered fn the
lease except the westerly 110 feet thereof which shall be retained
by Lessor.
f. The Deposit Receipt and Contract of Purchase attached hereto shall
govern the terms of the sale.
~ TWENTY-SEVENTHS Lessee agrees that it will-pay the taxes assessed against
~ the property during the term of the lease, it being understood that the taxes duri
the first and last year will be prorated for the period of time that Lessee is in
possession.
TWENTY-EIGHTHS Notwithstanding any other provision of this lease, Lessee
_ shall have fifteen (15) days from recei t of written notice of default from Lessor
within which to correct said default.
TWENTY-NINTH: it is agreed that this lease shall be executed in recordable
form and that Lessors shall furnish Lessee with an abstract showing good title.
IN WITNESS WHEREOF, the parties hereto have hereunto executed this instrument for the -
purpose herein expressed, the day and year above written. -
Signed, sealed delivered in the presence oi:
-
, :
Bober Swan ~ .
-
Lessor Gay S n Lessor l ~ .~,t' v';
EAST COAS,~.ALiJl~1 IUM D ~11t::~ :nC7~! -
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QOJ''d~.i 1~~ ~1J t1 ~LO
A, .
Before me, a Notary Public in and for said State end County, personally came ROBERT S(~N and -
GAY SWAN, his wife to me
well knows and known to be the person -3 named in the foregoing lease, and
acknowledged the executed the same for the pnrposs therein ezpsessed. nn
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal ;6i _7-~
•
day of ig ~ ~ ' - .
~ ~s.~ _
IKy commission ezpir~
Notir~yb - ~L ~ at
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%7ia I,u~rnre,~~ prrp~nred by: HAROI~ SHEAR, ESQUIRE ' _ - Q ' ; ~ ;
MACMILLAN AND SHEAR, P.A. • ''~f..,-, ~ "
Addr~s 1074 N.E. Coamercial StreeFt -
Jensen Beach, Florida 33457 (1
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