LONG TERM LEASE
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LON GTE R M LEA S E
'i'i-lIS
L:C:~\SE
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HLc:J.Ul:
cHid
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in Lv this
19th
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V.l..
July
,
A . D ., 1973, by and between GER'I'RUDE S. NALL I joined by her husband,
J';\HES 2. NALL (hereinafter referred to as "Lessor"), ALBERT L.
RGGERO, JR. I Trustee, (hereinafter referred to as "Lessee").
The '.:erms "Lessor" and "Lessee" as used in this LEASE shall
include ~he legal representativ~sl heirs, assigns and successors
of the parties hereto, \'lhether singular or plural, \'lherever and
'whe~ever ,the con text so requires or adrni ts .
WIT N E SSE T H:
That the Lessor and the Lessee, for and in consideration
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of the mutual covenants herein contained and in consideration
of payments and undertakings ,herein made and,to be made, have
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respectively promised unto and covenanted and agreed each with
the ot..'I1er as follows:
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ARTICLE I
Demise by the Lessor~
Upon the terms and conditions hereinafter stated, and in
consideration of the payment from time to time of the rents he!:"ein-
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af'ter stated, and for and in consideration of the prompt performance
'J)y the Lessee, to be kept and performed, .the performance of each
of which is "declared to be an integral part of the consideration
to be furnished by the Lessee, the Lessor does hereby lease,
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le't and demise unto the Lessee, and the Lessee does hereby lease
of and from the Lessor, the following described premises, situate,
lying and being in pinellas County, Florida, to \"it:
Legal description contained on Exhibit "An attached!
hereto.
ARTICLE II
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ARTICLE III
R8nt:
A. Lessee covenants and agrees to pay unto Lessor, as renta~,
the following Slli~S:
1. The rental for ~he first year of the term shall be
the sum of T~'mLVE THOUSAND AND NO/IOO ($12,000.00) DOLLARS, the
receipt of which is hereby acknowledged by Lessor.
2. Rental for the second, third and fourth years of the
~erm of this LEASE shall be the sum of TWENTY THOUSAND AND NO/IOO
($20,000.00) DOLLARS for each of said years. (The sum of $20,000.00
is referred to herein as "base.rental").
3. After the end of fourth (4th) year of this term,
Rental shall be adjusted and paid as follows:
The u.s. Department of Labor, Bureau of Labor
Statistics "Consumer Price Index for Urban Wage Earners and
Clerical ~vorkers" for the m6nth ending \\Tith the month in
\vhich this lease is signed shall be used as the "base index"
and shall be used as a base for determining future rental.
After the fourth (4th) year of the term the "base rental" of
TWENTY THOUSAND ($20,000.00) DOLLARS per year shall be in~
creased Or decreased by the same percentage of increase or
. decrease which is determined by comparing the "base index"
wi th sa-id "Consumer Price Index for Urban \vage Earners
and Clerical Workers" for the last month of the first four
(4) year period of this lease. The adjusted rental thus
detennined shall.be the rental for the next ensuing three (3)
years of the term. Thereafter rental shall be adjusted at
the end of each three (3) year period of the term except that
such future rental adjustments shall be determined by comparing
the "base index" with the said "Consumer Price Index" for the
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through fifty-fifth (55th) year of this lease be less than
the sum of T~mNTY THOUSAND AND NO/IOO ($20,000.00) DOLLARS
per year.
Rental shall be paid in advance in quarter-annual In-
stallments during the term hereof.
If said Index shall 'DO longer be published, then another
index generally recognized as authbritative shall be substituted
by agreement, and if the parties shall not agree, such substituted
index shall be selected by the then presiding judge of the Circuit
Court of the Sixth Judicial Circuit in and for pinellas County,
Florida, upon the applica~ion of either party. In any event,
the base used by any index or as revised on thE: existing index
shall be reconciled to the index published as of the last day
of the month in which this lease is signed.
4. Receipt is also acknowledged of the sum of T~mNTY-
:?IVE ,THOUSAND AND NO/lOa ($25,000.00) DOLLARS \-Thich sum shall
apply upon the rental for the FIFTY-FIFTH (55th) year of this
LEASE.
B. Rental shall be paid to Lessor at 317 North Hillcrest
Drive, Clearwater, Florida 33515 or at such other place or places
~s the Lessor may from time to time in writing specify to Lessee.
All rental shall be payable i.vi thout notice or der:tand.
Any rental payment, if not paid within thirty (30) days
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after its due date, shall bear interest at thee rate of ten per
cent (lO%) per annum until paid.
c. All rentals shall be payable in current legal tender
of the United States as the sa~e is constituted by law at the
time the rental becomes due, extension, indulgence or change
by Lessor in the mode or time ofpayrnent of the rental upon any
occasion shall not be construed as a continuation, waiver, or
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ARTICLE IV
L8ssor's Lien for Rent:
The Lessor shall have the first lien, paramount to all others,
on every right and interest of the Lessee (including but not limited
to Lessee's right to receive and collect rentals from other persons)
in and to this LEASE and on the buildings placed on the premises,
and on any furnishings and equipment, fixtures or personal property
of any kind or equity therein, brought on the premises by the
Lessee as part of the equipment used thereon; which lien is granted
for the purpose of securing the payment of rents, taxes, assessments,
insurance premiums, charges, liens, penalties, and damages herein
covenanted to be paid by the Lessee, and for the purpose of securing
the performance of all and singular the covenants, conditionsf
and obligations of this LEASE to be performed and observed by
the Lessee.
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ARTICLE V
~axes and Assessments Payable by Lessee:
A. The Lessee covenants and agrees to pay all taxes and
special assessments which may be assessed and imposed by any
lawful and duly constituted authority against the demised premises,
including any improvements now or hereafter erected thereon,
and all furniture, furnishings, and equipment situate on, belonging
to, and used in connection with said demised premises~
All such taxes and special assessments shall be paid
by the Lessee and official receipts evidencing such payment delivered
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unto the Lessor at the place where rental payments are required
to be made, at least thirty (30) days before the date on which
the tax or assessment would become delinquent in accordance with
the law then in force governing the payment of such taxes or
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legal proceedings to contest the validity of the tax or assessment,
but deposi"ts into the Registry of the Court at least thirty (30)
days before the contested tax, or assessment ~"/ould become delinquent
:Eor nonpayment, an amount \'fhich is sufficien"t to pay in full
the contested tax or assessment, including all penalties and
Court costs if the adjudication in said proceedings should be
adverse to the Lessee, and also obtains an injunction to prevent
the sale of the demised premises by reason of nonpayment of the
tax or assessment being contested in such legal proceedings.
If such legal proceedings should be dismissed for any cause whatsoever
or the fund placed into the Registry of the Court be returned
to the Lessee, the tax or assessment \vhich ,,,as the subj ect matter
of said litigation shall be paid by the Lessee upon or prior
to the final dismissal of such legal proceedings or the return
of the moneys placed ,,,i th the Registry of the Court to the Lessee
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whichever shall first occur. A copy of the Bill of Complaint,
Injunction Order, and receipt for payment of moneys into the
Registry of the Court, shall be furnished by the Lessee, at its
expense, to the Lessor at least thirty (30) days prior to the
date on \vhich any contested tax or assessment may become delinquent.
C. The Lessee shall not be obligated hereunder to pay an
income, inheritance, estate or succession tax, or any other tax
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\.;hich may be levied or assessed against the Lessor 'vi th respect
to or because of the income derived from this LEASE.
(Except
as provided in ARTICLE XXVIII.
ARTICLE VI
Lessee to Carry Liability Insurance:
The Lessee covenants and agrees that it will, at its expense,
and at all times, save and keep the Lessor free and harmless
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or indirectly to the use or occupancy of said premises; and the
Lessee covenants and agrees to provide policies of insurance
generally J:nawn 2S public liability policies, ~nd/or owner, landloid
and tenant policies, and elevator and boiler policies, insuring
the Lessee and the Lessor against all claims and demands made
by any person or persons, \V'homsoever for injuries received in
connection itli th the operation and maintenance of the improvements
and buildings located upon the demised premises, and all boilers
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and elevators located therein, to the extent of not less than
THREE HUNDRED THOUSAND AND NO/lOa ($300,000.00) DOLLARS to cover
the claim or damage, for personal inj uries from any single" specific
cause, to anyone (1) person, and to the extent of not less than
FIVE HUNDRED THOUSAND AND NO/IOO ($500,000.00) DOLLARS to cover,
in connection with anyone (1) particular accident or occurrence,
the total aggregate of any claims for personal injuries that
my arise or be claimed to have arisen against the Lessor or the
Lessee as aforesaid. Said insurance shall also provide for FIFTY
THOUSAND k~D NO/lOO ($50,000.00) DOLLARS property damage insurance.
Said insurance to be \V'ri tten in companies acceptable to Lessor.
ARTICLE VII
Lessee to Maintain Insurance:
The Lessee covenants and agrees witp the Lessor that it
will. at all times during the term of this LEASE keep, at its
expense, all buildings or improvements hereunder, insured against
loss by fire, windstorm, and other such hazards, casualties and
contingencies as may be required by Lessor, and to pay promptly
when due all premiums for such insurance. All of said insurance
shall be written by a company, or companies, qualified to do
business in the State of Florida and approved by the Lessor;
and further, all of said insurance shall be for such am()1]nt-~
to th c
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terms of t e lns tl. tutlonal mortgage uhich may encufnber
the property,
jointly to the Lessor and to the
interests may appear.
The funds received from
Lessee, as their I
the insuring companr
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replacenent,
shall be available to the Lessee for the repair,
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from time to time from time to time on requisitions of an arc hi
as the case may be, of the damaged property, and shall be paid
licensed in the State of Florida and enployed by the Lessee to
however, that no work of repair or replacement will be undertaken
supervise the work of repair or replacement. The Lessee agrees,
or started until such time as Lessor has been fully satisfied
that the total cost of such work has been fully provided by the
Lessee, inClUding the funds received from the insurance company.
The Lessee agrees to repair and replace said property as often
as the same be damaged, and agrees that the damaged property,
repaired or replaced, will be of equal or greater value than
that damagedw
The Lessee agrees to commence the repair or replacement
of the damaged building 't.lithin three (3) months from the date
on 'tyhich the loss shall have been paid by the insuring company I
and shall diligently proceed \vith the \york of repairing or replacing
the damaged property so that the same may be completed promptly
and \"i t..l-}out UI.'"1due delay.
If the Lessee should fail or neglect for any reason to corn-
mence the repair or replacement of the damaged property, or haVing
of of the sa~e, the Lessor may, at its option, terminate this
cOInmenced should fail or neglect to preeee"a with the completion
LEASE, and retain all insurance proceeds as liquidateddarnages
resulting from the failure of the Lessee to promptly and \V'ithin
the time specified, undertake and complete the 't'iOrk of. repair
or replacement.
Whenever the L~~~~~ h~~ ~___,_.
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AR'rICLE VIII
PJyment of Taxes and Insurance Premiums by Lessor:
It is specifically agreed that if the Lessee should fail,
refuse, or neglect to pay within the time or in the manner specified,
any tax or special assessment required to be paid under the provisions
of this LEASE by the Lessee, or fail, refuse, or neglect to pay
the premilli~s for any policy of insurance required to be maintained
under the providions of this LEASE by the Lessee, that the Lessor
may, at its option, pay such tax, special assessment, or insurance
premium. All moneys so paid by Lessor, including reasonable
attorneys' fees, and all expenses incurred because of, or in
connection with, such payments, shall bear interest at the rate
of ten per cent (10%) per annum. The payments of any such tax,
special assessment, or insurance premium by the Lessor shall
not waive the default thus committed by the Lessee, or be considered
as relieving the Lessee from the obligation of paying such tax,
assessment or insurance premium.
ARTICLE IX
Premises to be Used for Legal Purposes Only:
The Lessee covenants that it "viII fully conform and comply
with all ordinances and laws relating to the use and occupancy
of the demised premises, or any improvem~nts to be erected upon
the same, anti. further that the same will not be used for any
illegal or immoral purpose, business or occupation. A violation
of this ARTICLE shall operate as a breach of this LEASE only
In the event that the use and occupancy of the demised premises
shall be abated or closed by the proper legal authorities for
~ny illegal or immoral purpose, business or occupation.
ARTICLE X
Cond",r::n;::lf- inn rl ;:,1lC::<=> .
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Domain, there shall be such division
condemnation proceedings, and
adjustments made as shall be
circumstances. If the Lessor and
to agree upon the foregoing within
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such award has been made, or money has
in '\,vhich the condep:mation proceedings
been had, then the matters in dispute shall, by
submi tted to the Cour't having jurisdiction
in such controversy in Pinellas County, Florida,
ion of the matters in dispute. If the legal title
of' al~ the demised premises should be
the title to any
upon the terrninationof
that nevertheless, any award given
building, less
pass and belong to the Lesseei
~ivenfori;.hl:l condemnation of the land, including Lessorts
this LEASE" shall pass and belong to the Lessor.
, , No~..,i thstanding any
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of landta..~e1'i.thrqugh .,cond~mnation exceeds TEN (101,
In the event land taken by
eondemnationeJCceeds
PERCENT of lands
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EXHIBIT' "A U ,<then
be reduced in
area of land taken beafsto the total land area
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ARTICLE XI
The Lessee agrees that although it is.its duty to keep and
in good repair all buildings and improvements situate
on the demised premises ,tha,t this shall not be construed as
to teardo\Vn, destroy or remove any building
on the demised premises, or to tear down" remOVe
c:1estroy any suhstantital part or parts of such building, or
major repair or alteration to be made thereto
and until the Lessee:
Delivers plans and specifications covering the new building
newconstructiontotl1eLessorat least
Submi tsproo:Esatls factory
costs or of the new building which is to replace
demolished shall be equal to, or greater than, the value
the building to.be demolished.
Submits proof satisfact~ry
alteration to abuilding is of such nature so that
of the building, when the major repair
completed, will than,
buildin~ prior to the commencement of the major
Gives such assurance 'as, may be satisfactory
building, if demolished, will be
Lessee agreesf.Ofully comply, with the
XI of thisLEASEbefC)re' commencing
building, to replace one demolished, or major repair or
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The parties donnituallv aaree that-. i-hp TArm "1'1'\~;"''''' __~_
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ARTICLE XII
Naintenance:
Lessee covenants and agrees that it will not suffer
permit any strip, waste or neglect of any building on the
demised premises to be comm.i{tted, and further that it will at
maintain in a good state of repair any building
ARTICLE XIII
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of Quiet Enjoyment:
The Lessor covenants that as long as the Lessee keeps and
all of the covenants and conditions by the Lessee to
.,r 'I' J:jekept and performed under the terms of
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:.('t..e~sor' s
;Im~;;;'}\r~~~; Tthhee prem';s'es a't. all .reasonabl'e 't';mes
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'):>L?,i?::"":)')"i':>~nduse thereof ,provided , however,
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.~, i;d,;;,J~yr6+I:il+essee shall have quiet, undisturbed and continuous
}"'iY'<i:':'Q:fthe premises.
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'b~exercised in such manner as not to unreasonably interfere
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!'."\~K)W';::;;::"J..th the Lessee in the use by Lessee of said premises.
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;'f[li)lt~!.~~~qr · S Ri'gh t to Mak.e Emergenc" Reeairs:
,)~;:j\gif~,;)!i:ii;:,'::;;b " The Lessee agrees th~t if" any building, on the demised
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);'),,(~#p()Sed to the elements, arid Lessee should fail to make th~
:\'i$~'(JUld be damaged by fire, windstorrnor ot:b.ef casualty and.b~
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J.nsuch event. enter upon said premises to make suchemergenc:y
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J::'epairs. The
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ARTICLE
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when either of the parties desires to give
in connection with, and according to, the terms
such notice shall be given by CERTIFIED NAIL,
deemed given\vhen the notice shall have been deposited
United States Certified Mail with sufficient postage prepaid
carry it to its addressed destination.
shall be addre~sed as follows:
James B. NaIl
317 North Hillcrest Drive
Clearwater/Florida 33515
Lessee: Albert L. Rogero, Jr.
312 So. Garden. Avenue
Clearwater, Florida 335l5.
the parties to this LEASE , \'lhether Lessor
(1) person ia notice
cpns'f:::itllte" notice to all. Either
place of notice upon prior
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~'WA';;;~i:ij~;::\.;:..., The..,Lessee '.....~xpl:'essly......covenants
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,.t ,::i::)i,::;~'~Lc::laimed against tbefeesimpleti tIe to the' ,Lessor in . and
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", :~ ,,'.r::t~ the demised. 'premises, either ~y filing in the Public Recoids
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,i"'~!,;:[;\%:i:::6,f':,l?inellas,County, FloJ.:-i.daia.claifu of lien, or by
;+W';,:\J'):,y,g;;).(" ." . ", ',' ..' ....i., ...'....,........ ... ...,....'.
);i:,;~,.::i'Jit".;:;ia.n whicha11en claim is asserted in a Court having jurisdict~on
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bonded, or the Lessor's interest released from the effect
days from the date on which notice
that said claim i,.las filed in the Publlc
instituted, as the case may be.
ARTICLE XVIII
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A9~inst Liability:
Lessee c~venants and agrees with Lessor that,
of this Lease, the Lessee.. shall indemnify and save harmless
Lessor against any and all claims, debts, demands or obligations
be made against the Lessor or against the Lessor's
in the premises, arising by reason of, or in connection
making of this LEASE and the mvnership
the Lessee
, the
created hereby; and, if it becomes
Lessor to defendanyactibn
fees incurred by~the Lessor
, in addition to any other sums which
to pay by reason of the entry of
'in. the litigation in which such
, the Lessee covenants and agrees to indemnify and save
,the Lessor against any and all claims which may be made
the Lesso;r, or against the premises
byz:~ason of; orin, c6rinectionwith,
where such
(,p~rsons who claiI'llbyj thiC>tlgh, under
.,,)~stinguished
, :tb$Lessor.
Return of Premises to Lessol:'UpOnExpirat:i.on of Leas~:
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Lessee agreesuponth~expiration of the term of "this
fu~:the;l that
and equipment then
the
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ARTICLE XXI
part of the subject property lies
City of Clcilrw~ter and part ln
Lessee may take such steps as might be
may desire to. annex the unincorporatc::d
to tnose generally described in
and any such
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ARTICLE XXIV
Default Clause:
It is agreed further between the parties that if any default
on the part of the Lessee shall continue for THIRTY (30) days
after written notice of the default shall have been delivered
to 'the Lessee, the Lessor may reenter the demised premises and
terminate thi~ LEASE and all improvements erected on the premises
shall revert to the Lessor, provided, however, that if any de-
fault of the Lessee is of such a nature that it cannot be cor-
rected \vithin the THIRTY (30) day period, the Lessee shall be
allowed ,.,hatever additional time is necessary to cure -thedefaul ti
further, that if the leasehold estate has been en-
mortgage to a Mortgagee who has notified the Lessor
mailing address, no termination of this LEASE shall
made unless the default shall have continued for SIXTY (60)
written notice of the breach to the Nortgagee. If
is of such a nature that it cannot be corrected by
without securing possession of the premises, the
shall be granted whatever additional time is required
possession of the premises and to cure the default,
but. upon demand of. the Lessor , the Hortgagee shall post security
amount atONE (1) year's rent if the default is not corrected
within SIXTY (60) days of notice to it.
In addition to the above .;right to reenter and terminate the
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the Lessor/iri case of a breach of any covenant to be per-
by the LOfisee,. shall have all other remedies afforded by the
laws of the State of :Florida.
SEE ADDITION TO ARTICLE XXIV ON pAGE l6A.
ARTICLE XXV
Lessor Upon Prior Termination of Leas~:
The Lessee further agrees if the Lessor should declare this
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ARTICLE XXIV CONTINUED
Any notice of default required to be given under this Lease
to the Lessee shall also be given by Lessor to any financial institu-
tion having arr interest in the leasehold as might be designated
by Lessee in writing by registered mail.
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including all buildings, fixtures and improvements, situate thereon,
and all furniture, furnishin~s, and equipment thereunto belonging,
in as good R state of repair and condition as permitted by the
reasonable use thereof; and further that all buildings, fixtures,
improvements, furniture, furnishings and equipment then situate
and belonging on the demised premises, together with all rents,
income and profi ts of said premises, l,'lhether accrued or to accrue
from said demised premises aI],d all insurClnce POlicies and the
proceeds of any loss payable thereunder, shall at once pass to
the property of the Lessor without compensation or
the Lessee therefor, not as a penalty or for forfeiture,
and liquidated damages to the Lessor because of
The parties hereto reCognize
impossibility of precisely ascertaining the amount of damages
thel?art of the Lessee, and deSire to obviate any question or
.disPllte concerning the amount of such damages, and the cost and
of such damages resulting from the termination of this
and have therefore taken these elements into consideration
to this provision of the LEASE.
claiming by, through, or
should hol-d said premises, or any part thereof, one
day after the same should have been surrendered unto the. Lessor,
Lessee, and all persons claiming by, through or under the
guilty of forcible 'detainer of said pre-
eviction or removal ,forcible or othen.,ise,
or without process crf< law.
Lessee specifically acknowledges that all statutory
in the State of F~orida regulating the relationship
and tenant, collecting of rent, and repossession of
t10m{.,.o~ ____-"__
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AR'I'ICLE XXVI
Pledge of Rents and Receivership Clause:
The Lessee pledges with, and assigns unto, the Lessor all
the ren'ts, issues, and profits which might othen-lise accrue
the Lessee for the use, ~hjoyment and operation of the demised
premises, and in connection with such pledging of the rents the
and agrees with the Lessor that if the Lessor,
of the Lessee, elects to file suit in Chancery
to enforce the LEASE and protect the Lessor's rights thereunder,
then the Lessor may, as ancillary to such suit, apply to any Court
having jurisdiction thereof for the appointment ofa receiver
premises, the
furnishings, fixtures
thereupon, it is expressly
Court shall forthwith appoint a
receiver \"ith the usual pmvers and duties of receivers in like
appointment shall be made by such Court as a matter
strict right to the Lessor and without reference to the adequacy
the property which is subject to the landlord's
of the Lessee, and without
the commission of waste,
The foregoing pledge and assignment of rent is conditional,
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be operative only in the event of a default by the Lessee
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the terrnsof this LEASE.
Fees and Other Expenses:
If at any time, by reason of the failure of the
and perform any covenant or agreement \vhich, under the terms
Of; this LEASE, the Lessee is bound and obligated to keep and per-
form. i t becnmp~ n,::>r~"'Q=>""u .;:,....... 4-1-.~
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ARrrrCLE XXVI I I
Sales and Use Taxes:
In addition to the rentals to be paid under the provisions
of ARTICLE III hereof, Lessee sh~ll pay any and all use taxes,
sales taxes or any other such taxes imposed upon the rentals herein
mentioned by the State of Florida or any other governmental agency
having jurisdiction thereof, provided, however, that these pro-
visions shall not be construed~to require the Lessee to pay any
part of the income taxes incurred by Lessor by reason of the rentals
received under the provisions of this LEASE. Any such sales taxes
or use taxes shall be paid at the same time the rentals are paid.
ARTICLE XXIX
insurance required hereunder to be carried
bear proper endorsement showing the Lessor's
and that such interest is insured thereunder.
the original policy, or copy thereof, shall be
Lessor,prior to the effective date of said policy,
least TEN (IO) days prior to the ex-
being renewed, together with receipt
payment of the premium.
If Bankruptcy proceedings, whe-ther voluntary orinvolun-
any other insolvency proceedings be brought against the
the Lessee fails to obtain dismissal of such pl:;oceed-
from the date the same \'lere ins:ti-
the Lessor may, at its
LEASE terminated and its term ended.
C. This constitutes the entire agreement parties,
same shall be binding upon the heirs, successors, legal
representatives and assigns of the parties hereto.
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NO/lOa ($lOO.Oor DOLLARS or more, then said taxes shall be reprorated,
based upon the actual amount of the 1973 taxes. Any difference
due Lessor by reason of such reproration shall be i~mediat21y
paid.
F. Lessor makes no representation nor warranty that there
are no encroachments upon the property nor any dispute or discre-
pancy as to b~undary lines. Lessor shall not be liable to Lessees
in the event there is any such encroachment or dispute or con-
fusion as to boundary lines of the property, nor shall any such
encroachment or dispute or confusion be grounds for cancellation,
termination or modification of this LEASE.
IN .~VITNESS WHEREOF, we, the Lessor and the Lessee, have here-
set our hands and seals
pages, on this.....~
egoing LEASE, consisting of
A.D., 1973.
, sealed, and delivered
ssor in the presence of:
(SEAL)
/5.
( SEAL)
Signed, sealed, and delivered
.byLesseein the p~esence of:
........ a'.Z-~h
~~a. ~~..
valuable considerations, we the undersigned do
LESSOR
INDIVIDUALS
In consideration of the terms of the premises
of the sum of TEN AND NO/lOO ($10. DO)
severally guarantee theprornpt payment of the rent and the per-
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pay unto the within named Lessor, her successors and assigns,
such sum or sums of money as will be sufficient to pay any deficiencie
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and fully satisfy the conditions of the LEASE without requiring
any Notice of Nonpayment nor Proof of Demand being made by Lessor
~gainst Lessee.
A. The undersigne~:Guarantors do further consent to
any extensions of time or extensions of LEASE terms and
,
any and all modifications to this LEASE that hereafter may
be entered into between the Lessor, her heirs, respresentatives
and assigns and Lessee under the LEASE without notice to
the undersigned and without in any manner affecting our
liability as joint and several Guarantors.
.S':L~ne(:l,sealed and delivered
by Lessors in the presence of:
"
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........................................................r2~f/~~ A
.......~ a,.~~
a. -r: r;.,~ 2-- ~ J ~ ~Jf. ..,
...............i .. . ... .......... " ~ '\.. crr;~
}!:~ a, ,~/o~ Albert L." Rogero -/
?~~ t:d~i?J~:~::::cr
the Foregoing Lease
( SEAL)
(SEAL)
( SEAL)
STATE OF NORTH CAROLINA >
>i ......... . "Ill. J
. ........................................:.................c..'..O.........u.............N........T....y. OF 1-J(/~(!d.1I1 ...tl~..... ... ......................>.............'. ~ ...............'.........., .
./ ....On this the 11'day of , 10. before me, ... ....: ...'-?
~ the undersigned 0 cer personally appea~E
S~.NALL and IN-1ES B.. NALL,her husband, knm.,n to me to be the
De:'r''son~ whn_c::~ n;:amQe ~.,....o ~",\-...___~ '-_..:1 .&...._ .L'L _ . A
. .
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STATE OF FLORIDA
COUNTY OF PINELLAS)
. On this the . d.-.~,~ dc:y o~ ~, 19 -1~ bef~~~e me / ;;;E'~:VJ~ r-
il, BJ-tJ~er __, the unaerslgnea 0::': L.lcer / P0-t-SOllcU,J..Y appeared
ALBERTtL:~ ROGERO, JR., individually and as Trus tee, known to
me to be the person whose name is subscribed to the vli thin instrument
as "Lessee" and acknowledged that he executed the same for the
purpose therein contained.
lVITNESS ~'7HEREOF, I have hereunto set my hand and official
NOTARY PUBlI(: STAT! OF Fl0RIDA AT lA~QI!
MY CCM~\l~~lO~l [XPJIlES MAL 21. 1977 Ie
.;.)NOED THRU GENERAL INSURANCE UNDERWRIT! .
'Not~r~~ 13, ~"".."
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1 J.!! IS H.n}~ ~ ,.\
',YOn this the ...1(",6( day of rQ...:!:-.. 1915, before me, ~/,.p_
;1,< !3.?jr},@v- .... ....... ,the undersigned officer, personall
appeared J. A. HADLEY, ALBERT L. ROGERO, and HELEN S. ROGERO,
his.wife, known to me to be the persons 'T,.;ho acknowledged to.me
t;heyare the Guarantors of the foregoing LEASE and have executed
the same for the purpose therein "contained.
My Commission expires:
)
WITNESS WHE~OF, I have hereunto set my hand and official
~Ja. ~e.L-
ta Public .
illl "I"
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EXHIBIT "A"
A tract of land lying in the HE 1/4 of SEe. 17, 'rown-
ship 29 South, Range 16 East, encompassing the S 1/2 of the SE
1/4 of the NE 1/4 less the South 330 FT. and less the West 447 FT;
Also the SE 1/4 of the NE 1/4 less the South 610 F~
the West 4~17 FT.
And the South 330 FT. of the SE 1/4 of the NE 1/4
less the \Vest 447 FT. and less Roads and less the ~'Tes't 300 F'I'.
of the East 333 FT. of the North 250 FT. of the South 300 FT.
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Commencing at the SE corner of the NE 1/4 of said SEC. l7,
run Noo37'03"E along the East boundary line of said SEC.
17, 300 FT.ithence rl,ln NS9022'57"W, 33.00 FT. to the Point-
of-Beginn~ng. From said P.D.B., run SS9043'3S"W, 300.00 FT.i
thence run Soo37'03"W, 250 FT. to the North Right-of-Way line
of.$ta te Rd. No. 60 (A lO 0 FT. R/W) i thence run S S 9043 "3 S "~\T
along said North Right-of-Line 597. SOFT.; thence run
NOQ06'27"E, 1275.00 FT.; thence run N8905S'4611E, 909.10 FT.
to the West Right-of-Way line of Co. Rd. No. 6li thence
rUn Soo37'03"~v along said \vest Right-of-~'1ay line 102l.l3 FT.
to the Point-or-Beginning, allinPinellas County, Florida.
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}\,ll being more particularly described as follm'ls i
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