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'1 ve thousand dollare ('5000.00) whioh 8JIlounte to be paid in advanoe. !Juring the seoond
Tear ot leaso, the said lessee8 will pay to the 1essor8 five thousand ('5000.00) dollars in
adyanoe. >>Uring the third year ~f said lea8e, the said l88see8 will paT to the lessors the
sum ot seyentT-five hundred ('7500.00) Dollars whioh sum will be paid semi-annually in ad-
y&noe. After the thi I'd 1'ear the 1essee8 w111 pay to the 1es801''8 during the rernalrd er of the
tel'lll ot th1s lease, 'ten thouaand '$10,000) dollars annually payable quarterly in adyame.
3. The les8ees will as the same beoomes due and payable, p~ to the public offioer.
oharged with the oolleotlon thereof, all taxes, assessments and publio oharges (exoept In-
oome, In~.aritanoe and ::iuooesslon taxee) which may be .hereafter during the tenn of th1a lease
be levied or assessed or be p~able on thls lease, the rents reservcd therein or upon said
premises of any bulld1ng or buildings thereon ereoted, and will at all ti.mes aave harm1es8
the lessor, the said demised pre~8es and all improvements now or hereafter ~laoed upon the I
same, from suoh taxes, assessments and public oherges, ae well aa from any and all claims fot
damages in an;r wa1' hereafter ohargeable to or pe.yable tor or in respect to s&ld premises, 01'\
the use and oooupanoy thereof, during said term. and wIll, upon the written applioation ot
the leseor, furnish to him for Inspeotion and suoh use as mB.1' be proper in prote1lting the
estate in the premises the wrItten evidenoe of suOh payment. Nothing in this lease shall,
however, be oonstrued 8S preventing or interfering with the contesting by the lessees, at
their own expense, or any exoessive or unlawful olaims or aharges of any kind in reepeut to
the premises hereby leased; and the 1e8sees, upon first furnishing to the lessor, if the
lee80r requires the s~e, reasonable seourity for the payment of all costs ani expense. at I
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the end of the litigation may 80 oontest the same. I
4. Eo r~presentation is made by the lessor, bor shall any suoh representation be im- I
plied by the exeoution hereof. as to the present aondit1on::>r fitness of the building situat~
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ed upon the premises demised as aforesaid; and the lessees by the exeou tion hereof' assume
the entlre responsibilit~ in conneotion there_ith.
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5.
Lessees will at all times during the term hereof, except d~r1~~ &ny period requ1re~
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bu t also an~ bu11dingll :lereafter ereoted thereon, in constant 0004 condi tion and repair and I
have the interest of the lessor therein insured against loss or damage by fire with re8ponsi~
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bIe insuranoe oonpan1e. in the fu~l sum of' three-fourths (3/4) ot the full insurable value !
for reoonstruoJt1on of new buildings, after the destruat10n or re!DOva1 of any buildi~s re-
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moved or destroyed, hav. and keep not only the buildings whloh are now upon said pre~ise8,
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thereof.
Suoh polloi ee of insuranoe shall oontain a olause providing that any loss unier
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the same shall be pa1'able to the Fort Pieroe Bank &I Trust CompaDl, as trustee, or suoh other;
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trust oompany as the lessor mB1' from tIme to time designate (said trustee or suooessor being
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I here1nafter referred to &8 the "trustee") and policies coyering suoh insuranoe shall be tra1
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tim. to time deposited wi th suoh trustee; it being understood, how(lver, that all aIIlountl I
oolleo ted upon any such polloi.s of insurance shall be availabl e to the lessee8 for the re- .
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destro1'ed b1' tire, and shall be by suoh trustee pa1d out from ti~e to ti~e On ar~hiteot.' I
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estimate. showing the applioation of the amount paid to suoh repair or reoonstruotion, pro- I
vided. however, that it tirst be made to appear to the satisfaotion of the trustee that an;r
oon8truation or repair. a8 the oaS8 may be, of any such buildiQg8 or building inJured or
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amount neoes88ry to provide for the reoonstru~tion of any _u1Id1Qg so destro1'ed or inJured,
aooordlag to the plan adopted theretor, wbioh may be in exoes.' of the amount reoeiyed troa
noh In.uranoe has been provided by the lese..s for suoh purpose and its applioation to
such purpose assured. In o&se there shall be at any tl~e an1' exoeS8 remainiQg with the tru
tee rroa such oolleotion after the re8toration of anT euoh bul1dlng or bUildings to & oon-
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