HomeMy WebLinkAbout132418. LEASE APPLICABLE TO SUCCESSORS
This Lease, an~ the covenants and conditi~ns hereof, shall
apply ta~and are binding on the heirs, successors, legal repre-
sentatives, ~rantees and assigns of the narties. This Lease
shall be recorded among the public records of St. Lucie County,
~ thereby giving notice of its binding effect. ,~
- 19. LEASE SUBORDINATE TO MORTGAGE
The parties hereb_y understand and agree that the demised
premises and adjoining property owned bv the Lessor are subject
to that certain mortgage held by one LUCILLE P. STANLEY. It is
specifically the obligation of the Lessor to be responsible for
and timely make any and all mortgage pavments, payments for real
estate taxes and pa_yments for insurance under and required by
said mortgage. The Lessors failure to do so shall sPecificall_y
be considered a breach of the covenants and conditions of this
Lease, and this Lease shall, at the option of the Lessee, be
terminated, or, the Lessee shall have the right to make suLh
payments in the place and stead of the Lessor, in which case the
Lessee sha11 be entitled to an offset a~ainst the Lease payments
due riEreunder for any and all sums so paid.
20. ATTORNEYS' FEES
If either party hereto shall file an action to enforce anv
covenant of this Lease or for the breach of any covenant herein,
the prevailing party shall be entitled to recover a reasonabla.
attorney's fee for the services of the party's attorney in the
action, such fees to be fixed by the Court.
21. MANNER OF GIVING VOTICE
Lessor's address for the puroose of notice will be 3101
South Federal Hi~hway, Fort Pierce, Florida, 33450, and the
Lessee's address for the purpose of notice will be Post Office
Box 3533, Sarasota, FZorida, 3357g, or 3617 Orange Avenue, Fort
Pierce, Florida, 33450.
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