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AS TO LESSEE: Ron Choron La Playa Beach Associates, LLC 1300 Brickell Avenue Miami, FL 33131 Tel: (786)402-3610 rlchoron&fortuneintlgroup.com sebastians@chateaugroup.net casey@srresidencessunnyislesbeach.com With copy to: Alex D. Sirulnik, Esq. 2199 Ponce De Leon Blvd., Suite 301 Coral Gables, FL 33157 Tel: (305) 443-7211 adsksirulniklaw.com 29. Non -Waiver. LESSOR's or LESSEE's failure to insist upon strict performance of any covenant of this Lease or to exercise any option or right herein contained shall not be a waiver or relinquishment for the future of such covenant, right, or option, but the same shall remain in full force and effect. 30. Captions. The captions and headings herein are for convenience and reference only and should not be used in interpreting any provision of this Lease. 31. Applicable Law. This Lease shall be governed by and construed under the laws of the State of Florida. The venue for any action relating to the construction, interpretation, or enforcement of this Lease shall be in the state courts of Miami -Dade County, Florida. If any provision of this Lease, or portion thereof, or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Lease shall not be affected thereby, and each provision of this Lease shall be valid and enforceable to the fullest extent permitted by law. Time is of the essence in this Lease. 32. Successors. This Lease and the covenants and conditions herein contained shall inure to the benefit of and be binding upon LESSOR, its successors, and assigns; and shall be binding upon LESSEE, its heirs, executors, administrators, successors, and assigns; and shall inure to the benefit of LESSEE and only such assigns of LESSEE to whom the assignment by LESSEE has been consented to by LESSOR. 33. Force Majeure. Neither party shall be obligated to perform any duty, requirement or obligation under this Lease if such performance is prevented by fire, hurricane, earthquake, explosion, wars, sabotage, accident, flood, pandemics, acts of God, strikes, or other labor disputes, riot or civil commotions, or by reason of any other matter or condition beyond the control of either party, and which cannot be overcome by reasonable diligence and without unusual expense ("Force Majeure"). In no event shall a lack of funds alone on the part of LESSEE be deemed Force Majeure. 34. Records. Each party shall maintain its own respective records and documents associated with this Lease in accordance with the records retention requirements applicable to public records, as applicable. Each party shall be responsible for compliance with any public documents request served upon it pursuant to Chapter 119, Florida Statutes, to the extent Chapter 119 may be applicable to that entity. IF THE LESSEE HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE LESSEE'S DUTY TO 13