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HomeMy WebLinkAboutScan_1219 '1~ le88 8ald partial a881snmen t or V a81ignments are oanoel1ecl ana annulled within ten da'8 after lee..e8' attentiou i8 oalled to oa14 partial a18ignment or ae818nment8. b, a noUn n.. wrlUD8. Bothll18 herein oontained ohall prevent the Dale or a88igument of this entire bue or a~ fraotional part thereof under the term8 and oonditions herein eet forth, to one or more part 188, eaoh of whom ahall hold an undivided intere.t ther.in and be Jointly and sever ally bound by all the terlll8 and oonditlon8 of thi8 leaee upon aooepting suoh a88ignment. The 10.leee herein ar. hereby given full power and lawful authority to mortgage their t leaeehold intere8t in and to the property above deeoribed. Suoh mortgage, however, shall b. .ubJeot to all the term8 and oondition8 of this leaee, and aUf fnl1ure on behalf of the le81 .... th. ir hel ro. ..00... or. or ..01.... to o.r17 o.t th. terme ... ...d itlo.. 0 t th 18 1....\ including the mking of all payment8 a8 herein de8i~ted, shall operate to canoel and annulj r this lease in the IIl8nner hereinafter provided, and in sooh event, such conoellatioD or annul~ I ~nt shall be binding upon the mortgagee a8 fully and a8 oompletely a8 :hough said roortgag..; i I I I I their own expense, any and all bulldiIlF'8 and improvements '~hich are now or which my here~ I after be plaoed upon the leased premises, in good and oub8tantial 0 rder and repair; and thel I I I used for any illegal or immoral business; and if by reaSOD of a~ illegal aot or aoto, ot if] by reason of any failure to keep 9aid premiae8 in repair, any olaim, either oivil or orilLi- \ I nal be made again8t the lessors hereiD. or their suocessors in title, or aqy lien may be mad, or put OD or against said prenis8s. then in suoh event, the lessees herein hereby agree to I i save harmleos the leaaors from the consequenoes of suoh aot, aud furthermore obligate and i bind themselve8 to promptly and speedily PlG' any final Judgment or deoree that lUiy be 0 bta1m. ! ed against the lesaore by reason of any breaoh of the covenants of this lease in this para- had been a party to the exeoution of this in8trument. The les8ee8 herein ahall, during the full term of this lease, keep and maintain at ~ le88ee8 herein furthermore agree that the prellliae8 herein and hereby leased shall not be graph oontained. In the eTent the lesB8e8 herein shall hereafter desire to remove, tear down, de8troy 1 I or replace any of the buildings whioh bre now or which ~y be hereafter ereoted upon above I I desoribed premises, or ~o rraterially alter or change the Bame, the lessees herein ehall, be- l fore beginning suoh .,-ort of destruotion, remol..l or alteration, furnish to the lessors here-: i in a good and ouffioient bond l.n an allOunt equal to the value of the bulldin@8 to be torn 1 down, relDOTed or altered, eigned by the leSS880 herein as prino ipll and by a surety company I , authorhed to do business in the State of Plorida, a8 surety, or by the les8ee8 herein asl I prinoipal and by two sureties satisfaotory to the les8or', a8 Burety, oon11 tioned that the i ! les8ee8 ;vill replaoe the building or improveJ:lElnta ....hieb my b6 torn do~n. removed, destroyed i . orlL8ter1a l.ly altered, with buildings of equal stability, utili ~ am value within eighteen ~ i months from the date of the destrlotion of the building '"hieb lI'.6y be standing upon sa14 j I premieee at the time of the giving of 8ald bond, and that the lessoeo 11'111, durin,.. said I eighteen monthe period, oomply ~itb all the terms and oonditions ot this lease by the Fayme~~ I of the rent, taxes, a8Sll8811lBnte and all other peouniary obligations herein and hereby im- I I posed upon the leslee,. i In the eTent the lessors and leoeeee are unable to agree upon the va luat10n 0 f the bU~d- inge to be torn down, aestro~ed, removed or altered ae a baai8 upon whioh to determine the I 8IlO1lJlt of the. bond ae aforteald, then in euch event the 1.seore am le8.lea hereby obl1ga ai' and bind thelll8.lve. to 8ubm1t 88id question to arbitration, the 1e8sore herein to 8eleot on arbitrator and the 1888eea to eeleot another, a05 tbe two arbltratoro 80 seleoted to ohoo.. a third, whiob 8a~ Board of ub1tration 80 eeleoted a8 oforeea1d, l:lhall aooertain and de- . , . ' '., .., . ~", .-~<~ ;-;~.,:,~:, ~::~~ ~~~~~:i;~: