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CURTIS BOBO AIm WIFE
TO
I&SE
C. COSTAS
THIS INDENTURE Made and entered iDto this 4th day of August, A. D. 1925, by and betwee
~urti. Hobo and wife ~lta May dobo hereinafter oalled the lessors, and C. Coatos hereinatter
oalled the les8ee, whioh te~B shall inolude their suooesooro, heirs, assigns, administrator
and exeolltors.
1. ~he Les.ors hereby lease unto the Lessee for the full term if twenty-five (25) yea1s
from date, the fOllowieg desoribed premises iD ~t. Luoie ~owity, ~lorida and more partioular y
desoribed as follows, to-wit:
Lot ~leven (11) of .dlook !Sight ,al of \.iarltonts J.ddit1on to !,'ort t'ieroe, l"'lorida, the;
same being in Seotion Ten (10) Township ~hirty-five (35), ~outh Kange l"'orty (40) ~ast.
And the Lessors oovenant and agree wi th the Lessee that ovnll.i tioDed upon the perfarman e
and observance of the several conditions herein provided upon the Lessee to be performed and
oboerved, that the Lessee shall have lawful an! peaceable possession and enjoyment of these
premises.
2. ~he Lessors warrant that they are the OWners in fee si~ple of the property above
bank whioh the uesuors may designate, the sum
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the lawful right to make this lease according to the terms an! prOVisions herein set forth. !
3. uuring the term of this lea~e ~he Lesoee shall and will pay to the Lessors at any I
of f1600.00 per year, in advance, for and rro~
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the first years lease, '/Fhioh first year shall begin on the _irst day of uctober, H. .J. 1925. i
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'that they have
desoribed and that the same is not subject to any liens or enc~~branoes.
~nd the Lesaee further covenants to pay to the uassors the sum of ~1600.00 per annum, as
aforesaid, in advance eaoh year thereaft~~ for the ~~ll term or this lease, such sum to be
paid in gold o~in of the United States, or ot legal tender elual to the present standard of !
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weight or Ita equivalent. !
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4. It is f~rther agree1 that the LQssee shall have the privilege of purohasing the I
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premises herein described on or betore Five years fr~~ the ti~e this lease beao~es effective~
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S~~h purchase price t~ be rixe~ at Twenty-five ($25,000.00) Thousand DOllars, upon the fol- ~
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loning terms, to~lt: One-thi~ of whioh io to be paid cash and a balance of $16,666.66 to b!
paii on or before three years from date of sale, sald unpaid balance bearing 8~ interest perl
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annurll, payable semi-annually. I
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5. The LQssee will pay to the publiC orfioero, oharged with the collection of tazes,l
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all taxes, asseosmento and public charges which may during the term of this lease be levlel ~
or aasesse1 or be payable up~n the terns ot t~is lease and will at nIl times save harmless
the Lessors and t~e pre~ises herein describe~ fram all such taxes, asseasDents and publi~
oharges. Also free from any and all ola1ns tor damages, liens chargeable to or payable for
or iD rea~eot to said premises the term of this lease. Nothing In th1s lease shall ho~ever'l
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be oonstrued to prevent the Lessee froJl cmtest1ng any exo6ssive or unlawful 01a1118 in respept
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to th& above. j
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6. Should the Lesses at any ti~e desire to remodel or remove any buildings or structQxe
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OD 8ait premises, he 18 privileged to do so on the oonditioD that he reoonstruct a building I
of the same Talue or a greater value an4 .'lual1ty and the Lessee f"~trther OOYID&Dts to keep I
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all 8U~h buil~lng' {nsl1red againstl08sAthan three-fburths of the full insurable value WhiOhl
insuranoe shall be made to the Les80rs of this lea8e as their iDterest ~y appear, but Shalll
be available to the LesBee for the reoonstruatioD or repair or the buildings upon said prop-
erty.
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7. rhe lessee during the ter= or thls lease will oonform to and observe all ordinana 8,
laws and regula\ions of said o1t." and all publio authorities, boards or ofrloers relating
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