HomeMy WebLinkAbout0697 2.2 HOLDING OVER. Any holding over by Tenant after the
expiration e t e term of this lease or any renewal hereof
shall be deemed to be a tenancy from month to month. Except
for the term, such tenancy shall be on the same terms and
. conditions as are specified in this lease, so far as reasonably
applicable.
3.0 RENT. The rent for the premises during the term of
this lease, as well as any renewal terms hereunder, shall be as
hereinafter set forth:
March 1, 1987 through February 29, 1988 - 2,500 per month
March 1, 1988 through February 28, 1989 - 3,000 per month
March 1, 1989 through February 28, 1990 - 3,250 per month
March 1, 1990 through February 29, 1992 - 3,500 per month
In addition, the Tenants shall be responsible to pay to the
Landlord the privilege tax levied under Section 212.031,
Florida Statutes, in the amount of five percent (58) of the
rental sums. Concurrently with the execution and delivery
hereof, Tenants are to deposit with the Landlord the first and
twelfth months' rental together with the five percent (5$)
privilege tax in the total sum of FIVE THOUSAND TWO HUNDRED
FIFTY DOLLARS ($5,250.00), which Landlord shall retain as a
security deposit for Tenants' faithful performance of this
lease. This security deposit, if not applied to payment of
arrearages or damages as herein provided, is to be returned to
Tenants when this Lease is terminated, after the Tenants have
vacated the premises an~ delivered possession to the Landlord.
The net rent shall be paid to the Landlord without notice or
demand and without abatement, deduction, or set off. It shall
be paid in monthly installments in advance on the first day of
eact~ calendar month during the term and any extensions thereof
of this lease.
3.1 ADDITIONAL RENT. All taxes, charges, costs, and
expenses that Tenant assumes or agrees to pay under this lease,
together with all interesk and penalties that may accrue
~4 thereon in the event of the failure of Tenant to pay those
f items, and all other damages, costs, expenses and sums that
j Landlord may suffer or incur, or that may become due, by reason
~ of any default af Tenant or failure by Tenant to comply with
~
~ the terms and conditions of this lease, shall be deemed to be
° additional rent, and, in the event of nonpayment, Landlord
~ shall have all of the rights and remedies provided by law and
under this lease for failure to pay r~nt.
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~ 3.2 INTER~ST AND SERVICE CHARGE. Every installment of
rent that is not paid within five 5 days after becoming due
~ and payable, with or without notice or demand, and every other
~ payment of any nature required by this lease to be paid by
~ Tenant to Landlord that is not paid within five (5) days after
~ demand in writing by Landlord shall bear interest at the
maximum rate permitted by law from the date that such
' installment became due or such demand was made, and Tenant
~ shall pay such interest to Landlord on demand. Additionally,
~ for each installment of rent that is not paid within five (5)
~ days after becoming due and payable, Tenant shall pay to
~ Landlord on demand a service charge of twenty-five dollars
($25.OQ).
3.3 UTILITIES. From the beginni~g date of the term of
this lease and thereafter throughout such term, Tenant shall
pay before delinquency for all water, gas, electricity, power,
, sewage, telephone, janitorial and all other services supplied
to or consumed in or on the Premises.
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~ 3.4 PROPERTY TAXES. Landlord shall pay the real
~ property taxes on the leased premises as they shall become due
~ and payable. If any act on the part of Tenant or use of the
~ premises by Tenant shall cause, directly or indirectly, any
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