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ator..aid. 'hen and in that event the 1es8ee8 shall, on reque.' of the 188sor, exeout. and
deliver to him a good and auttioient bond in the ~ouut ot the estimated 008t ot suCh remode
ing or ohan<<e, oondi t10ned tor the oompletion ot suoh remodeling or ohange wi thin a per1a1 0
aix (6) monthe traD the date of said bond.
In the e.ent that les8ee8 desire to raze the building now upon the above demised
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premiees or a~ building hereafter ereoted thereon, and ereot a new building thereon at any I
time after ten years trom thia date, they shall deliwer to the lessor a good and auttioient
bond oonditloned tor the oonstruotion ot suoh new building upon said premise8 within a period
ot one year trom the da to ot said bond, in an amount satisfaotory to the lessor. or equal to I
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the oost of said new building so to be ereoted, whioh cost shall not be lesa tr~ one hundre~
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thousand dollars, ('100,000.00), a8 fixed by an arohl teot or engineer a ree1dent ot the oUy i
of Fort Pie ~'oe, Flor ida, Upon a bond being gi Ten aa atoreaa id, the lessees may oonTert to
their own US& the material in the building disoarded in suoh remodeling. ohan6e or ra~i~,
then upon said demised premi ses. i
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In the event any building ereoted by the le8seea shall oooupy ground additional to'
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that hereinabove demised. the portion of aaid building ooo\1Pying the ground hereinabove de- i ]
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mised shall be suoh that it may be se.ered tromthe remainder ot such building and used and .
oooupiecl as a separate building, and proper 1 egal provision shall be :nade tor the Joint use ot)
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&Oy wall eupporting the building upon. the demiaed premises aa afoI'6saidi to. the end that in ,
I the event detault shall ooour hereunder and leasor retake possession ot said demised premiseJ.
I that the b~ilding atoresaid oan be advantageously and oonveniefitly used by her, tree of any
l.}lalm, demand., or right ot any person wha tsoever.
I Lessees may at any time enter into party wall and party foundation agreements in
IUSUal tonn. in oonsideration of the reoiprocal rights therein granted, with the owners of
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proper~ immediately adjacent to the demised premises, and such ~reements shall bind lessor
and the land herein demised.
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i ..,-.ereof shall be taken to oonsti tute a wai ver of an)- subsequent breach.
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lor other casualty shall be taken to entitle the lessees to surrender possession of the de~ls~
led premises or ter:linete this lessi.
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i In case of any default on the part of the lesseea in the paynent of any amount or
,amounts herein required to be paid, other than the amounts payable a8 rent SO~led. the
no waiver of any condlti~n or covenant in this instrument contained or any breaoh
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No dam~;e to or destruction of a~ buildi06 or buildings on the premises ~y fire
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or may make any suoh p~ment or pa,men ts and the 1 e9sees oovenan t thereupon to reimburse
and pay to the said lessor the amount so paid with interest thereon at the rate ot eight per i
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! oen t. (8~) per alD1U11l from the da to of the paj'ment 80 made.
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! lOt This lease is made upon the condi tion that the lessees amll punotua1ly perform al~
j their covenants and agreements as herein set to'rth,. and that if at any time there shall be i
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ia~ iefault on the part ot the lessees in the payment of any amount of money by them herein
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i agreed to be paid e1 ther for rent, taxes, asse8sments, insurtonce prtGiu:ns or any other pur-
pose, and default shall oontinue for a period of ninety (90) days. or, if there b~&DT de-
fault on the part ot the lessees in the performanoe or observanoe of any of the covenant. or;
oonditions of this lebse not relatlD6 to the payment ~t rents, taxes. assesF.ments or insuranJ, ~l .
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permlums, and suoh default oontinue tor a period ot ninety (90) days, after notioe g1ven to I
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the los88e8, the lessor may at any time after the expiratio~ or such ninety days, eleot to I
terminate this 18888 and re-enter upon the premisee and have p08session thereot, sue for andl.
..11... all m.n.7. to. 'ha paym.nt ot .h'oh th. l.a.... .hall th.n b. In detault, and .h.nc.1
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