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AGREEMENT WAIVING RENT
# THIS AGREEMENT (the."Agreement")~mads and entered into
this ~Ith day of Jcnuary 19flQ bq and between
Villa Del Sol of. Stuart, Inc. , •
• a Florida corporation,
hereinafter referred tows."Lessor" and
Villa Del Sol, Inc.,• a aon-prof~.t
Florida corporation,'
hereinafter referred to as "Lessee";
Landmark Villas, Inc, executed and delivered.a lease to
Lessee recorded.~ia Official Records•Book 182, Page .1384, of the _
Public Records of St. Lucie Couu
ty, Florida, as such lease is
amended by agreement recorded in Official Records Book 187,
Page 2804, aad in Official~Racords Book 215, Page 772, all of
the Public Records of St. Lucie County, Florida, and all ref-
~
erences to the "lease" mean the lease as ariended just described
in this paragraph.
-Lessor is now the owner of the Lessor's interest in the
Tease.
. -There is situate upon the demised property improver.~ents
cor.~only referred to as Villa Del Sol Condom3.nium, such condo-
zzinium being. in accordance with Declaration of Condominiua re-
corded in Official Records Book 182, at Page 1323, of the Public
Records of St. Lucie•County, Florida.
~ Lessee has heretofore executed to certain owners•of units
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at Villa Del Sol Condominiua (such owners being hereinafter re-
p
~ ferred• to as "Sub-Lessees=' sublease agreements appurtenant to
the condominium units oFrned by the Sub-Lessees and described in
r ,
E ~ paragraph 2 hereof. The sublease agreements grant to the Sub-
,Lessees certain rights under the lease, and impose upon the
Sub-Lessees certain obligations to pay a portion of the neat
due to pursuant to the provisions of the lease. .
The parties hereto desire to waive a onion of the rent
~ p ~~sox.aar.
~ RpeERT L WQSSLHb ESa
{h1LUAM5, SAl0AA0N. KAMNB~,
pp~~ e~ M ~ DAMII?N, WEISSIHt 6 dit001Gi
600K PAGE i7J?~ - 1 - ~,wa~. ~ .:....;.y.