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HomeMy WebLinkAboutScan_2349 G1B ... '-_~.lA~..............._.......... ~..II ~........ 4,....~.............____..._~__..........----..~.........._.....~...c........~v.__............__--....._.;,.,r_l..... ____ .....,..6__~........~~~.--..".___~.~ . n oriminal oe made against the lessors herein, or their suooessore in tltle, or any lien may be made or put on or ag~inst eaid premises, then In suoh eTent, the lesaeee hereln hereby agree to save harmless the les80rs trom the oonsequenoes ot suoh aot, and further more obl1 te and blnd themneh<:s to promptly and speedily P&1 any Unal Judgment or deoree that may be obtalned ~g~inst the lessors by reason of any breaoh ot the oovenants of this lease in thls paragraph 0 onta ined. In the event the lessees herein shall hereafter desire to remOTe, tear dowA, destroy or replaoe any ot the buildings "hiOO are now or whioh m~ be hereafter ereo\ed upon above de- soribed premises, or to materially alter or ohange the same, the lessees herein shall, be- J tore ~.glnnlng suoh work of destr~otion, removal or alteration, furnish to the lessors he~- in a good am sutt'101ent bond in an atoount equal to the Ta1ue ot the bllildings to be torn 'I down, ~moTed or altered, signed by the ]assees hereln as prinoipal and by a surety oo~pany - authorized to do business in the state ot Ylorida, as surety, or by the les..es herein aD prinolpal am by two sureties satlstaotory to the lessors, as surety, ocmdi tioned t.l~at the lesseee will,replaoe the build 1ng or Improvements whioh may be tom dC,WD, ram(J\fed, destroyed.' or materlally altered, with bul1dings ot equal stability, utillty and value wlthin elghteen ! months trom the date ot the destruotlon ot the bulldlng whtoh may be standing upon eald ' I premlses at the tlme at the givlng ot said bon~, and that the lessees will, during said I I eighteen months IB riod, oomply wi th all the ~erms and oondi tions of this lee.se by the payment I of rent, taxes, assessments and all other peouniary obli~tions hereln and hereby imposed t I upon the lesseeB. j I In the e~ent the lessors and lessees are unable to agree upon the valuation of the build:ngS t to be torn down, destroyed, removed or altered as a basis upon Jfhioh to determine \he amount' I t of \he bond as aforeeald, then In suoh event the lessors and lessees hereby obligate and bi~ I themselves to submit said questlon to arbitration, the lessors herein \0 seleot one arbl:rntpr and the less.es to seleot another, and the tllro arbitrators so seleoted to oh008e a third, 1 I i whioh sald Board of Ar.itratlon so seleoted as aforesaid, shall asoertain and detennine the; ( ( Talue ot the buildings to be so torn down, destro,ed, removed or altered, and in suah event the tinding so made by said arbitrators st~ll be binding upon the lessors and the lessees here in. i 1 All buildings and permanent im?rovements p~,loed upon the above desoribed property shall,' as soon as oonstru~ted or plaoed thereoll,unles9 otherwise provided herein, i~~ediately be- i . , oome a part of the real estate herein and hereby demised, and the title and arnership there; ot shall immedlately merge with the legal ti tle to eaid real estate, and in the event ot i fortelture or termination ot this lease for any oause wha teoever, said build ing or i::l,ilrovemente ! shall, without oompensatlon to the lessees or to any other ~erson, immediately revert to th~ lessors in the same manner as the buildings and improvements, if any, now situated upon the J ~ above desoribed property, I In the eTent that suit shall be brought tor tho oolleotion of rent hereunder, or for th~ I oolleotlon of taxe8 or assessments, or by reason of the failure ot lessees to perfo:nn any oti the oovenants or agreem~nt8 hereln oontained, and Ju~ent shall be rendered in ravor ot the' f lessors, then in suoh event, the lessees shall pay to the lessors all costs of such suit, . I i i I ! all rents whloh mal beoome due and payable, and which shall not be pald at maturlty, shall I lessees shall tail to pay any Sula here in and hereby &SSlDed by the lessees 'other than rent') whloh shall be a oharge 8&a1nst aa1d property herein and hereby leased, and mloh shall the, """ 1ber. b. pao1 d~o _ pa.. ble. and 1n 1he non1 1ha. 1he le...... ehan .le.1 1. pay ....~ inoluding reasouable attorneys. tees. bear Interest trom date ot aaturU,. at elght per oent per annUlI, and in the eTent that the .... . ~-<o=-:;:.:;_ T~ ~""-"--:'-" ~ :~ -.... ~ - '".." i", .... ~'~~ :::: ".1: ~:..:~:: \\:; ji~: . .'., .' ,~- ':{":i:J~-ic<::;.,: