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Reso 2013-2096
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Reso 2013-2096
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Last modified
8/19/2013 4:30:31 PM
Creation date
7/24/2013 12:21:04 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2013-2096
Date (mm/dd/yyyy)
07/18/2013
Description
Lease Agmt for Restaurant & Bait Shop at Pier w/American Federated Title Corp
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(c) No Waiver. If LESSOR shall institute proceedings against LESSEE and a <br /> compromise or settlement of it shall be made, the same shall not constitute a waiver of the future <br /> breach of the same or of any other covenant, condition or agreement set forth in this Lease, nor <br /> of any LESSOR's rights under this Lease, unless expressly set forth in such settlement. Neither <br /> the payment by LESSEE of a lesser amount than the installments of Base Monthly Rent, <br /> Additional Rent or of any sums due under this Lease nor any endorsement or statement on any <br /> check or letter accompanying a check for payment or Rent other sums payable under this Lease <br /> be deemed an accord and satisfaction, and LESSOR may accept such check or payment without <br /> prejudice to LESSOR's right to recover the balance of such Rent or other sums or to pursue any <br /> other remedy available to LESSOR. No re-entry by LESSOR, and no acceptance by LESSOR of <br /> keys from LESSEE shall be considered an acceptance of a surrender of the Lease. <br /> (d) LESSOR May Cure LESSEE's Defaults. If LESSEE defaults in the making of <br /> any payment or in the doing of any act required in this Lease to be made or done by LESSEE, <br /> then LESSOR may, but shall not be required to, make such payment or do such act. If LESSOR <br /> elects to make such payment or do such act, all costs and expense incurred by LESSOR, plus <br /> interest on them at the highest rate allowable under the laws of the State of Florida from the date <br /> paid by LESSOR to the date of payment of them by LESSEE, shall be immediately paid by <br /> LESSEE to LESSOR, provided, however, that nothing contained in this Lease shall be construed <br /> as permitting LESSOR to charge or receive interest in excess of the maximum legal rate then <br /> allowed by law. The taking of such action by LESSORs shall not be considered as a cure of such <br /> default by LESSEE or bar LESSOR from pursuing any remedy to which it is otherwise entitled <br /> on account of such default. <br /> SECTION 18. REMEDIES TO BE NON-EXCLUSIVE. <br /> (a) Cumulative Remedies. All rights and remedies of the parties under this <br /> Lease or at law or in equity are cumulative, and the exercise of any right or remedy shall not be <br /> taken to exclude or waive the right to the exercise of any other, subject to the express limitations <br /> set forth in this Lease, if any. <br /> (b) Survival. Upon termination or expiration of this Lease, LESSEE shall remain <br /> liable for all obligations and liabilities that have accrued prior to the date of termination or <br /> expiration. <br /> SECTION 19. SURRENDER. <br /> LESSEE covenants and agrees to yield and deliver peaceably and promptly to LESSOR, <br /> possession of the Premises, on the Expiration Date or earlier termination of this Lease. <br /> LESSEE shall surrender the Premises in the condition required pursuant to this Lease, <br /> reasonable wear, tear, casualty and condemnation excepted. All maintenance and repairs shall be <br /> completed prior to surrender. <br /> SECTION 20. ACCEPTANCE OF SURRENDER OF LEASE. <br /> No agreement of surrender or to accept a surrender of this Lease shall be valid unless and <br /> until the same shall have been reduced to writing and signed by the duly authorized <br /> representatives of LESSOR and of LESSEE in a document of equal dignity and formality as this <br /> Lease. Except as expressly provided in this Lease, neither the doing of nor any omission to do <br /> 19 <br />
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