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4. IMPROVEMENTS: There is presently constructed on
the premises a one story, frame, commercial building which
is in poor physical condition. Any machinery presently located
on the premises shall be removed by Lessor within three (3)
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weeks from date. In the event Lessor fails to remove the
machinery within the time allotted, then Lessee may remove
the machinery and retain as compensation for the cost of
removal any proceeds received from the sale. Lessor shall
execute any necessary Bill of Sale to transfer title. ~Said
building has been condemned by the County Building Inspector
for St. Lucie County and must be repaired in order for a
Certificate of Occupancy to be issued. The Lessee agrees to
make all necessary repairs at his own expense and to secure
the necessary Certificate of Occupancy. The cost for all
repairs and improvements added to the property will be paid
by the Lessee and in the event that a default occurs in this
agreement, the improvements and any addition to the improvements
and any additional construction on the premises shall revert
to the Lessor. The Lessee further agrees that once the
necessary repairs are made and the Certificate of Occupancy
from the St. Lucie County Building Department is obtained,
~e will maintain the premises in a good condition and at the
termination of the lease, in the event that the Option to
Purchase is not exercised, he will turn over the premises to
the Lessor in good condition, less ordinary and reasonable
wear and,tear during the period of occupancy.
5. LIENS: The Lessee further'agrees that in making
any repairs or in maintaining the condition of the premises,
he shall not allow any liens to be filed against the premises
and he shall hold harmless the Lessor ~rom the responsibility
for paying for any labor or materials which might be used in
making repairs or improvements on said property. It is
800KJ~(? PAGE~rV,,~t
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BRENNAN, McAItLEY, HAYSKAR 6 McAIILE~, ATTORNEYS AT LAW, 519 SOUTH INOIAN ii1VER OR., FORT PIERCE, FIA. 33450
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