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or loss ooours, 'hen the amount so oo11eoted, or anf portlon thereof remaining In the hands
of the trustee, as arore.'id, shAll be retained by the trustee as seourlty to the lessors ro
the oontlnaed pertormanoe and o'servanoe bl the lessees or th~ oovenants and oonditions here
in oontained; upon it so devolving no part thereof shall be paid to the lessees exoept after
the oomplete re1toration ot the buildings, fixtures or im9rovem~nts by the lessees, iuring
the oontinuanoe or thls lease; and it shall be at the optlon of the lessors in suoh case to I
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PROVBED HOUVER, that in the event the lessees herein oannot begin the el'eotion ot I
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then and in suoh eyen_,
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sure ty oompany au thort zed
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or beginning i
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terminate this lease and to demand of and reoeivo from ~he trustee all moneys oolleoted by
said trustee as atoresaid, and retain suoh amount as 11quidated da~a.ges resulting to the
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i sl.l.oh work, and that the lessees will well and truly pertorm and oomply wi th all
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I m~nths from the ti~e of the destruotion of the building
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I on the leased prerl1i98S d~.d ,or~dest;J'oyed by fire, suoh insuranoe shall be e':.ually
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! and to 11ke extend, at thelr expense, ba applied to the repair and reoonstruotlon of such
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build ing in aocordanoe wi th the termG and oondi tions here of within four mon ths after the
destruotion by fire ot the buildings then situated upon sa.ld premises,
the lesseee shall have the priVilege of giTing a bond in a responsible
to do busln8Ss in the state ct Florida, or a personal bond satisfaotory to the lessors, in
a sum equal to eighteen months rental oomputed from the date of eaid Bond oonditioned that
said lessees will begin the work of ereoting sald building within one year from the date of
the giving of said bond, and will diligently and o~ntinuously proseoute said work of re-
oonstruotlng said bulldlng to oompletionwlthin a reasonable ti~e from the date
the terms and
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giving
c~nditions of said lease durlng sald twelye months period, in whioh event the ti~e for the
beginning Jf suoh building shall be ext~ed for a period of one y~.r froT. the date of
Said bond must be exeouted and delivered
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to the 18 sso rs, however, '""i thin. four I
or buildings by fire. i
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In oase, however, the lessees shall at any time, by trust deed or mortgage of their
leasehol' interest, for the purpose of seauring the payment of any issue ~f bonds or other
indebtedness, authorize the mortgagee or trustee therein named on their behalf and in their
stead ot enter upon the leased premises an,i reoonstruct or repair any building or bui!.dings
to such trustee or mortgaeee as to the lessees, as above provided, and shall in like event
fail to refuse to reoon.truotl
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said bul1ding, or repair any da~ge thereto withln a reasonable time after the oolleotion otj
the lneur8.lioe, as aforeeaid, by the trustee, as aforesald, then in suoh event, the tr;rstee I
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or mortgagee in laid trust deed or mortgt~e shall be fully authorized and empowered to act i1.
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the, pre:ni ses tor the proteo tion of thei r in terest by oaus1ng the m:meys so oolleo ted as afor~-
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building or str~tare so inJured I
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or destroyed; and in suoh went, the ~ra8tee herein named, or any other trustee aoting as it'
suocessors in the oollection of said 1nsuranoe, sh&ll oo-operate with the trust oo~pany or I
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building; and in suoh event, should the leseees for a~ reasJn
said, to be applied to the repair or reoonstru3tion of the
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sald insuranoe mon~ys
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improy<.:ments sd
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or destroyed by fire.
If default shall be made on the part of the lessees in the pa~~ent of any rent, taxeJ
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shall oontinue tor twenty days atter the same shall beoome due and payable, then in suoh eve1t,
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the lesiJors m8.Y at any time after the expiration of said twenty days eleo~ to terminate this i
lease; and after givlng twenty days notioe of their intention sO to do (durlng wh10h said twjnty
days 1ess8Gs may pay said rent, taxe. or insuranoe premiUll8), the lessors IIIB.Y (unless paymen
is ~ade ~ithin said twenty daye as aforesaid) re-enter upon the leased premiees with or ~ith ut
mortgagee that may be named in laid trust deed or mortgage in seeing that
r-re properly applied to the rebuilding and reoonatruo tion of the build Ulgs or
or insuranoe pre:nlWDS whioh IIIB.Y tall due under the terms 'Jf thi~ lease, and it suoh default
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