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OPTION TO PURCHASE
` AND
a~
THIS AGfiEEMENT, entered into this ~G day of age ~.%'_L~~L ,19 79
J
between ROBERT SWAN and GAY SWAN, his wife, of 670 Sir Richards Rd. ,Mississauga,
Ontario, Canada LSC lA4 ,hereinafter called the lessor,
party of the first part, and EAST COAST ALUMINUM PRODUCTS, INC.
of the County of st. Lucie and State of Florida
hereinafter called the lessee or tenant, party of the second part:
WITNESSETH, That the said lessor does this day lease unto said lessee, and said lessee
does hereby hire and take as tenant ~ooc9~eaasc 902 Bell Av
(See attached Description) on Certificate of Survey by Gerald Weatherington
attached herto #6769A
situate in St. Lucie Florida, to be used and occupied by th~• lessee ss retail stor
warehouse, fabricating plant and 3Ddc~fl~DOt>t31~'BAAS@c
the er o~wful purposes subject and conditioned on the provisions of
Five (5) years and Five(5)months
clause ten of this lease beginning the ist day of August ,
19 79 ,and ending the 31st day of December , 19 84 ,
at and for the agreed tetilc rental arc as follows
One Thousand Eight Hundred Dollars ($1,800.00) per month for August, September,
October, November and December, 1979, payable on the 1st day of said month.
Two Thousand Nine Hundred Dollars ($2,900.00),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 INCLUDES AN OPTION TO PURCHASE.
EXHIBIT "A" AND EXHIBIT "B" FORM PART OF THE HEREIN OPTION TO PURCHASE AND LEASE
4
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~ 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 stipulations and conditions are made a part of this lease and are here-
by assented to by the lessee:
FIRST: The lessee shall not assign thin lease, nor sub-let the premises, or any part thereof nor use the acme,
or any part thereof, nor permit the acme, or any part thereof, to be used for any other purpose than as above stipu-
lated, nor make any alterations ffierein, and all additions thereto, without the written consent of the lessor, and
I all additions, fixtures or improvements which maq be made by lessee, except movable office furniture, shall be-
f come the property of the lessor and remain upon the premises as a part thereof, and be surrendered with the prem-
ilea at the termination of this lease. ~
t SECOND: All personal property placed or moved in the premises above described shall be at the risk of '
~ the lessee or owner thereof, and lessor shall not be liable for any damage to said personal property, or to the =~L {
lessee. arising from the bursting or leaking of water pipes, or from any act of negligence of any co-tenant or
occupants of the building or of any other person whomsoever.
THIRD: That the tenant shall promptly execute and comply with aU statutes, ordinances, rules,
orders, regulations and requirements of the Federal, State and City Government and of any and all their Depart-
ments and Bureaus applicable to said premises, for the correction, prevention. and abatement of nnisancea or
other grievances, in, upon, or connected with said premises during said term; and shall also promptly comply
with and execute all rules, orders and regulations of the Southeastern Underwriters Association for the preven-
i tion of fires, at i*G awn cost and expense.
FOURTH: In the event the premises shall be destroyed or ao damaged or injured by fire or other casualty
during the life of this agreement, whereby the same shall be rendered untenantable, then the lessor shall have the
~ right to render said ~remiaes tenantable by repairs within ninety days therefrom. If said premises are not renderod
t I tenantable within said time, it shall be optional with either party hereto to cancel this lease, and in the event of
such cancellation the rent shall be paid onlq to the date of such fire or casualty. The cancellation herein mentioned
shall be evidenced in writing.
f FIFTH: The prompt payment of the rent for said premises upon the dates named. and the faithful observ-
sues of the rules and regulations printed upon this lease, and which are hereby made a part of tbis covenant, and
which ffie lease is made and accepte and any failure on the part of the lessee to comply with the terms of said
lease. or any of said rules and regulations now in existence, or which may be hereafter prrscribed by the lessor,
shall at the option of the lessor. work a forfeiture of this contract. and all of the rights of the leases hereunder,
I~ and thereupon the lessor, his agents or attorneys, shall have the right to enter said premises. and remove all par-
s ~ 3 ? 2_ Q... ? zn 4 a~?~r`~15 P~1:1:1719