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person to Sunny Isles Beach Government Center, c/o Tiffany Neely, Finance Director, 18070 <br />Collins Avenue, Sunny Isles Beach, FL 33160. <br />7. 1.1 The Monthly Rent shall be payable in monthly installments on the 1 st day of <br />each month, with a ten (10) day grace period. <br />7.1.2 Payment can be made by cash, check, money order at the Landlord's address <br />specified above or at such other address as Landlord may from time to time designate by written <br />notice served upon Tenant. <br />7.2 Late Fee. A late fee in the amount of 5% of the Monthly Rent shall be assessed if <br />payment is not postmarked or received by Landlord on or before the l Oth (tenth) day of each <br />month. <br />8. Securiq Deposit. In addition to the Monthly Rent payments described above, Tenant <br />shall pay a security deposit of Five Thousand Dollars ($5,000.00) to be paid upon full execution <br />of the Lease. <br />8.1 Landlord shall hold the money in a separate non-interest-bearing account in a <br />banking institution insured by the FDIC for the benefit of Tenant. Landlord cannot mix such <br />money with any other funds of Landlord or pledge, mortgage, or make any other use of such <br />money until the money is actually due to Landlord <br />8.2 Upon the vacating of the Property for termination of the lease, if the Landlord <br />does not intend to impose a claim on the security deposit, the Landlord shall have fifteen (15) <br />days to return the security deposit together with interest if otherwise required, or the landlord <br />shall have thirty (30) days to give the Tenant written notice by certified mail to the Tenant's last <br />known mailing address of its intention to impose a claim on the deposit and the reason for <br />imposing the claim. If the Landlord fails to give the required notice within the thirty (30) day <br />period, it forfeits the right to impose a claim upon the security deposit. <br />8.3 Unless the Tenant objects to the imposition of the Landlord's claim or the amount <br />thereof within fifteen (15) days after receipt of the Landlord's notice of intention to impose a <br />claim, the Landlord may then deduct the amount of its claim and shall remit the balance of the <br />deposit to the Tenant within thirty (30) days after the date of the notice of intention to impose a <br />claim for damages. <br />9. Clean and Sanitary Condition. During the term of the Lease, the Tenant shall keep and <br />maintain the Property in a clean and sanitary condition at all times, free of all garbage and debris. <br />All garbage and similar debris shall be deposited by the Tenant in facilities specifically for <br />garbage collection. Tenant shall be responsible for placing the garbage bags and/or containers <br />and recycling container(s) at the curb for pick-up and to return the containers to their appropriate <br />place. Tenants shall further comply with all local ordinances and regulations imposed by the <br />City of Sunny Isles Beach relating to maintaining the Property in a clean and sanitary condition <br />and relating to the collection of garbage and similar debris. Tenant shall be solely liable for any <br />action and/or fines that may be brought by the City of Sunny Isles Beach, or any other <br />HL <br />