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LSl1SE - Page Seven
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thereon or the con.:ic:ion iT? which t;lc:y rlay be p:~t duri:lr,
the term of L}-i4~ LC`:, ye ,
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It is r?iutuallX ua~icrstood that Lessee will, at the `
earliest possible d'_ite, be.3in construction c~ a fra:~chisad
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Holiday Inn :iotel, to ccasist of ap;~roxitatcly 15G roa:TS, s
with necessary resL•aura;l~, adnini5trativc facilities, _
meeting rooms, :;wi:::t;:i;l~~ ponl, par:{ink; a:ld landscaping;.
it is agreed t;uit c:~~ :,~r;1 i,,~:.t_'~~~~ .l::a c:..;:~•rirr
will be Spanisn to i.tl~at; i tit th'~~ i;~:.~ o `ai' nam,__
del Sol" whic;i ..:or i
~ ...:ice::. li:.'. .ttt L.•'...ll!'Ct_. t:.:._S.
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c7i~;ace,1 ~ cons `C.; - :1 . .;.;G~ l:. i_'.:; ~.I is i~•.: t0 rC; :';.~':v it;:i.;
inspect the plans art.: sp~~c.ifications, but final approval i
' of the plans ~lnd spccir ications wi 12 be ;?r,dT b} .L~.~se•~ .
Le::see ~~':lll ii 4 i :1:, ?.C L~Jai :':.L Li.l:~ J-. \11 •.il).~t...... i. tr..•
- trle data of t::i . ..;-..i ::ill c.~:;tC~Lt:::.:. ti:e c•;otc.i ar.::
begin basiaess bl D~cc;.~;t_r 1, 1973, uai:~:s :~reve.:ted t crefro.~.
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by some Act of Go:i c;r i,`, Saic: bt_si Iciinr, 4?il~i comply
with tha R-4 arc; for :;.ot~ Is prescriL,~d iii St, L?:c1e
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~ County, r loriut..
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Lessees ~:i L1 r~:s;~ons.ible fur t;:a care, r•~pair and
:ral:lten~:nCG O~ illi? }~i.1_:l.i~Il~j:; ~,0:1~trU:.,=~':i O:i e}1C pr~':ilSL'5,
as well as r?a ire t~::i;.nc-e, t'v~):i mil" ~t:.d C.:iT':' O:: f::lE' related Cr
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connects:: busi::t~_:::~~:: o;~u Y -t~.:u:l by Lessee: o:~ the prc-~ises .
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Le:,see covenunc.s t.a.l: ii. ':1__11 :CtaLntzlil :-il~` prOp~rey 1n 3
rea. onaL- le state c~ -
i~l'E~..ii Qi31~7-nth the. t... _..iJL ta:i'~i a.~:u:ie,
based on the sterns},:r~.s ;)rc~:.:ulc;at.,3 by 1;::'_i:lar Inns, Inc. ~
~ aacl in accordartct~ c':ith wll local, staL., .,r,c: fodcral ordi-
nances a :d statue`:..
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