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TiII S I.:ASI:, made and entered i ntc) 1 1? i ~I.ty of ~
1978, by and between Rt)NnT.D t'. -
htl ~SCIIINSKI, lndivl ua ly and RONALD C. KU'I'SCIlI1JSY.i , trustee,
hc•rc~inaftc.~r referred to collectively "I,ANDI.t11tU", ;rn~l
1'A11t1.ANL•' L1'1'Clll'1GLD CO., INC., a South Carolina corl)oration,
ilcreinaftcr referred to as "Tenant"; -
i
W I T N E S S E T ll:
[•:IlC1t1:AS, Landlord represents drat lie is the owner of
~:~•rtaln land fronting on the westerly right-of-way line aE
tI. S. highway No. 1 in the City of fort 1'icrcc, (.'aunty of
;.t , l.ucic~, States cif ('lorida, which is -mare M;rrticularly clc•scrihrcl
l?~• ,r nrc~t~•s and hounds description set forth an i:xhil,it "A" anal
cl~•siclnated as "Demised Premises" on survey designated as L•'xhibit
"I3" both of which exhibits are attached hereto and;
W11EItF.~\S, Landlord has agreed to lease said parcel cif
1.?nd as shown on plot plan anneXed heretcl pis Exhibit "fi" to
'I'~•re:rnt for tho lwriod, at the rental and upon the terrus
hrreinaEtcr mentioned; '
.IOW, '1'l1CliEFORE, Landlord and Tenant covenant and agree
,r:; fellow:::
ARTICLC I
Demise and Ter m
1 , l..uullorcl hereby leases to '1'c•n.l-rat, and Tenant hereby
1.•.?:;~~s f r ..:n Land l~~rd the premises cont:? i n i ncl apl,rc~xim;rtc_ ly
~ 1 ~lll ~'stllr~'_~' fnnt we i1n$Cri~.~,^ii ^n l•~xhil): t ,-f:::~ 3 -:ia:::^
~ lIl 1:X11 l b l t "1s" - •
'I'O IIAVI: AND TO HOLD said l~rc)Mc•rt-y with ~rl 1 tln•
r r•;ht::, Mri~-il~•cl~•:: .uul :1Mpurtenanecs thr?~•untc) lu•lc)nclirrl ~~ncl -
.~t t :r.-h i nit unto) `1'~•nant, its successors - and assigns, fc,r the
t~•r-rIr of 25 ~•cars. 'fhe commencement date of thc• lease term
::h.rll lie flee earlier of (i) the elate the theatre ol)ens far
1 ~ ~ r ti i n s s , cl r 4-i : ` ' ' } ems- tl~a->}-8-au~+~;-€~-a. rt y 15 , 1 ~ 7 9 '~1~~1
~
- F.,~'- ; ~ ; ---a T.atxlle-3-d--lta-3--e~bt~ri-Heel -t-1Tr-~m. cTcr ~
! ~ he-T.ail(1-~r-E~--1•.c~-z"-c'v:;i'rc'-r-f~i--~ }tt~-Ej[~l~t~r~'-~•+R-H'~
~rt~++rt's--~+?-+~~ctt~llua~ pravi~l~~~i, hclw~wc•r, in the
~ ~~•~•nt '1'~•nant c~XCrcising due diliyence is clclayed in obtaining
nr i l ci i ny Mermi is because of Land-l ord' s f.l i 1 ure tc) l~erfc)rui
.u~~• of the covenants herein contained ~r in the event zorr-ing
r.•.lui r~ment-s shall b~• changed subseduent to the execution of
this Lease, -then upon the hapl)ening of an}~ such ~Cr/
.•v~•nt -(-Eit_-ltai 1.hare-tetru~nati~.n-~€-tlid-.~a~:e-ley-r-easHn~f--€-a-i-1-+~ l~
~-»a---Hit-rt~+t--kl~--r~.}~ti~-~.--~o;~iiiEr-wi-ter--thr_-9A- , the, r~
~-c,nrmencement date shall be deferred on a clay-for-d~~y basis for
t l:~ Mc~riocl ~i'enant is reasonably unable to obtain a building
1~~•rn?i t. -
ARTICLE II
Construction of Theatre
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'1'~n,rnt shall cause to be constructc•~l c~r? thc~ cl~~misecl
;.r ~•m i ::cis .r three-auditorium theatre bu i 1 cl i nq cap;rblc of
~:~•.~tinct t~(1~1 Matrons. Tenant shall have ihr riciht to acid ten
.ul.iitic)n:rl .ttlclitt)rlurn of 200 Scat:S at- :rn•~ time clurin~l the
I~•,r::~~ tl'1-Ill, sul)jcet to then existing zc~rri?rcl rcclulations. If
EXHIBIT "A'L g~3~'3 PaGF $