HomeMy WebLinkAbout0937 mailed to Landlord at 203 South 29th Street; Fort Pierce,
FL 33450.
3. ADDITIONAL RENTAL. In addition to the cash rental
specified in Faragraph 2, supra, Tenant agrees to promptly
pay the annual ad valorem taxes levied on or against the
demised premises, including the land, beginning wit;~ ~he taxes
for the calendar year 1982. Promptly upon receipt of the annual
tax statement by Landlord, Landlord shall cause the same to
be delivered to Tenant for further handling so as to enable
Tenant to realize the greatest statutory discount made avail-
able for early payment of ad valorem taxes payable to the
St. Lucie County Tax Collector. However, Tenant shall be !
al2owed until April 1 of the succeeding calendar year, the date ~
upon which the ad valorem taxes become delinquent, within which I!
to discharge such taxes. If the taxes be not paid on or before
such date of delinquency, Tenant shall be considered in default
under this lease.
4. INSURANCE. Tenant shall cause the name Of Landlord
to be incorporated as an additional insured as to subject
property under its blanket policy for public liability insurance, ,
at no cost to Landlord. Tenan*_ will maintain insurance for
its own protection on al2 fixtures, inventory and other nr~- -
perties belonging to Tenant which may be damaged by fire or
~ other casualty. Tenant shall cause the demised building to
~ be insured against loss by fire and other perils in the ;
F ~
~ amount of $20,000, for benefit of Landlord: i
~ j
5. MAINTENANCE OF DEMISED PREMISES. Landlord shall, ~
at his own cost and expense, maintain the exterior and the
~ .
~ roof and structural members of the building in good condition
{ . .
~ .
~ and repair. It is specifically understood that Tenant covenants
~
i
~ to kee in '
E p good order and repair any plate glass•in the d~mised
; premises and shall replace any broken glass with glass of
the same size and quality. Should damage or breakage occur ~
~ due to the fault, negligence or neglect '
€
~
~ ~ -2-
~
BO~IK~~~ PAGE c~7•J~
F "
~
~
"~3~'~ ~.'B~~'~~~f
R ~ "'f £ ~a 3 .~~".e'k
i~ ~ e r ~ ~ ~ r~a~,tir`-~~
~ ~ ~ ~ "~'~~~s~ ~ K~~ r~,: ,
~