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033-Harbour Place Partnershipf r Ga3 3 LEASE THIS LEASE is made and entered into this a 3 ? day of &A� . , 1995, by and between the CITY OF SANFORD, FLORIDA,. a municipal corporation, hereinafter called "the City" or "Lessor" and HARBOUR PLACE `PARTNERSHIP, 305 Douglas Avenue, Altamonte Springs, FL 32714 -3332, hereinafter called "Harbour Place" or "Lessee." W I T N E S S E T H: WHEREAS, Harbour Place owns the building located on the following described real property, hereinafter called the "Prior Leased Property ": Beginning at the Northeast corner of Lot 1, SANFORD RIVERFRONT PROJECT, according to the Plat thereof as recorded in Plat Book 14, Page 88, of the Public Records of Seminole County, Florida, run N. 69 °16'45" W., along the Northerly line of said Lot 1, a distance of 400 feet, thence run S. 41 0 26 1 19" W., 144.33 feet, thence run S. 69 0 16'45" E., 451.06 feet to the Easterly line of Lot 1, thence run N. 20 0 43 1 15" E., 135.00 feet to the Point of Beginning. Containing 1.2397 acres (54,000 square feet). Together with access for ingress and egress over the paved road known as -North Palmetto Avenue extended from its intersection with Seminole Boulevard to the demised premises described herein; and WHEREAS, the City owns the Prior Leased Property but not the improvements and building located thereon; and WHEREAS, there is an existing Lease upon the Prior Leased Property dated 25, 1985, Addendum dated April 3, 1986, and Second Addendum dated April 28, 1986 (hereinafter collectively referred to as the "Prior Lease Documents "); and WHEREAS, the City and Harbour Place are desirous of entering into this Lease, which shall supersede and replace the Prior Lease Documents. T T ♦ n LV THIS INDENTURE of Lease, made and entered into at Sanford, Seminole County, Florida, this 25th day of November . A. D. 1985, by and between the CITY OF SANFORD, FLORIDA, a municipal corporation, hereinafter called Lessor, and John Smith , hereinafter' called Lessee, which terms shall ii.clude successors, legal representatives and assigns, whenever the contents herein so require or admit: W I T N E S S E T H: WHEREAS, the parties have heretofore agreed to certain rental terms and conditions for certain real property owned by the CITY OF SANFORD; and WHEREAS, the parties desire to reduce the agreement to writing for the benefit of each; and WHEREAS, the CITY OF SANFORD, FLORIDA, has heretofore j . lared that the operation of the facilities hereinafter degrri hP6 to be a valid public purpose and of great value to the CITY OF SANFORD land its inhabitants; NOW, THEREFORE, for and in consideration of the mutual covenants herein contained and in consideration of the payments ane undertakings herein mentioned and for other good and valuable considerations, the parties do hereby agree as follows: 1. Upon the terms and conditions hereinafter set forth any in consideration of the payment from time to time of the rentals herein_ provided, Lessor does hereby lease and let unto Lessee and Lessee hereby does lease from Lessor that certain real property lying anc (being situate in Sanford, Seminole County, Florida, commonly known as the paved parking lot North of the dry storage building at Monroe Harbour Marina, more particularly described as follows: Beginning at the Northeast corner of Lot 1, SANFORD RIVERFRONT PROJECT, according to the plat thereof as recorded in Plat Book 14, Page 88, of the Public Records of Seminole County, Florida, run N. 69 W., along the Northerly line of said Lot 1, a distance of 400.00 feet, thence run S. 41 W., 144.33 feet, thence run S . 69 E. , 451 .06 feet to the Easterly line of Lot 1, thence run N. 20 E., 135.00 feet to the Point of Beginning. Containing 1.2397 acres (54,000 square feet). 2. The term and duration of this Lease shall be for a period of fifty -five (55) years, commencing on the 25th day of November , 1985, and continuing up to and including the 24t hday of November , 2040. 3. That Lessee hereby covenants and agrees to pay to Lessor as rent for each year during the term of this Lease the annual sum in advance of FOUR THOUSAND SIX HUNDRED NINETY EIGHT AND NO /100 ($4,698.00) DOLLARS with subsequent annual rentals to be due on the anniversary thereafter of the date of the first rental payment herein. It is furthermore agreed that Lessee shall pay five (5 %) percent of the first ONE HUNDRED THOUSAND AND NO /100 ($100,000.00) DOLLARS of gross sales and as hereinafter defined plus two and one -half (2 1/2 %) percent of all gross sales of ONE HUNDRED THOUSAND AND N01100 ($100,000.00) DOLLARS up to TWO HUNDRED THOUSAND AND NO /100 ($200,000.00) DOLLARS and further five (5 %) percent of all gross sales in excess of TWO HUNDRED THOUSAND AND N01100 ($200,000.00) DOLLARS, it being the intent of the parties hereto that the FOUR THOUSAND SIX HUNDRED NINETY EIGHT AND NO /100 ($4,698.00) DOLLARS as mentioned hereinabove shall be a minimum annual rent; and accordingly, any additional rentals shall be upon the formula as set forth herein. Gross sales shall be defined as all income derived from all sources within the area of Lessee's occupancy whether said income shall be in the nature of rentals of equipment, storage facilities, office space, retail space or any other incident related to the rental of equipment or property or sales of merchandise by Lessee to any other person or entity of any nature whatsoever on the premises. 4. That Lessee does in accordance with the agreement reached between the parties hereby agree to construct within two (2) years of the execution of this Agreement a lakeside plaza and any and - -2 -- all buildings and other improvements necessary and related to the accomplishment of the foregoing. Said improvements will be constructed pursuant to plans and specifications attached hereto and incorporated herein by reference. Any revisions, additions to or deletions from plans and specifications as attached hereto and incorporated herein by reference shall require the express written . consent of the City Commission prior to commencment of said revisions, additions or deletions. 5. It is furthermore agreed that all improvements upon said real property shall upon the termination of this Lease, revert in fee simple absolute to the City of Sanford. 6. Lessee, in addition to the rentals reserved herein, agrees to pay the annual ad valorem taxes assessed and levied by any taxing authority on all building improvements on the demised premises. 7. Lessee will further provide public liability and property damage insurance naming Lessor as co— insured in a company or companies acceptable to Lessor in such amounts and from time to time as shall be required by Lessor provided, however, that such requirements will not exceed ONE MILLION AND NO /100 ($1,000,000.00) DOLLARS. 8. Lessee, at its sole expense, will operate, maintain and repair all facilities constructed upon the demised premises and will further place and maintain landscaping in all appropriate areas to create an aesthetically attractive improvement. Furthermore, Lessee shall, at all times, maintain and repair the premises and the landscaping in a prompt, efficient and workmanlike manner for the benefit of themselves and the public at large, and should and in the event it be brought to the attention of the Lessor that the premises, landscaping or either are not being maintained in the high level- contemplated by the parties hereto, then and therefore, the parties agree that this matter can be reviewed by the Sanford City Commission_ at any of its regularly scheduled meetings for the purpose of determining the extent or nature of repair or maintenance to be - -3 -- performed and the schedule to do so, for the benefit of the parties hereto. 9. This Lease shall not be assigned nor assumed nor any portion thereof without the express written consent of Lessor, which consent shall not be unreasonably withheld. 10. Upon default hereof by Lessee, this Lease at the option of Lessor, shall be declared null and void and in addition thereto Lessor shall have all other rights and remedies afforded to it under the laws of the State of Florida including but not limited to the right to apply to a Court of competent jurisdiction for the appointment of a receiver and for all other remedies provided for by law and specifically including all set forth in Chapter 83 of the Florida Statutes. It is furthermore agreed that in the event during any two consecutive years of the term of this Lease Lessee shows no profit from its operation on the demised premises, Lessee may elect to terminate this Lease without further liability, in which event all facilities and permanently affixed equipment shall enure to and become the property of Lessor. 11. Gross revenues hereinbefore specified shall be determined annually by a certified audit prepared by a licensed C.P.A. and shall be furnished to the City by Lessee at Lessee's sole expense. Said audit shall be delivered to the City within sixty (60) days of the anniversary date of this Lease and continue yearly thereafter for the entire term of this Lease or any extensions hereof. The books of Lessee shall be open for inspection and audit by Lessor at any reasonable time during normal business hours Monday through Friday. 12. A complete performance and completion bond shall be required on all construction initiated by Lessee. Lessee covenants to promptly pay all bills and satisfy any and all liens within thirty (30) days after the same become severally due on any construction; provided, however, in the event such lien should attach and Lessee desires to contest the same, then Lessee would within said thirty day period deposit with the Clerk of the Circuit Court of Seminole County, - -4 -- Florida a sum of money sufficient to satisfy such lien or liens in the event the same are not successfully defended by Lessee. 13. Lessee covenants that it will not compete, nor permit) its tenants, sublessees, assigns, or employees to compete with existing businesses located on the Riverfront Project owned by the City of Sanford. Specifically, Lessee shall not permit the operation of another motel, restaurant, lounge, marina, or business normally conducted by said entity on the premises. 14. Lessee shall be required at all times to provide on- site parking in accordance with existing City regulations. Parking spaces on other parcels of the Sanford Riverfront Project or public parking located nearby shall not be counted toward satisfying the on- site parking requirements of the City of Sanford. 15. Option. At the end of the term hereof, Lessee shall have first refusal of a renewal of this lease for forty -five (45) additional years. In this respect City shall six (6) months in advance of the term hereof provide to Lessee in writing the terms and conditions of such renewal and to that degree, within thirty (30) days thereafter Lessee must signify its acceptance or rejection of such terms. Failure of the Lessee to respond within thirty (30) days shall constitute rejection. In the event the same are rejected, this Lease will terminate and Lessee will forthwith deliver up the premises in good condition subject to reasonable wear and tear. All equipment permanently affixed to either the buildings located on the demised premises or anywhere within the demised premises shall remain upon the demised premises and become the property of City. By definition, permanently affixed means those items which cannot be removed without damage to the premises and shaii specifically include but not be limited to all buildings, fixtures, structures, appliances, landscaping, walkways, awnings, utilities and signs. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals to this Lease on the day and year as above written. M= ATTEST: itnes as to Lessee STATE OF FLORIDA COUNTY OF SEMINOLE CITY OF SA FORD FLORID By: ;7 MAYOR BEFORE ME, the undersigned authority, duly authorized in the City and State aforesaid to take acknowledgments, personally appeared Bettye D. Smith, H. N. Tamm Jr.. and .john Smith , who acknowledged that he signed the foregoing Lease for the purposes therein expressed. WITNESS my hand and official seal this 16t day of December , A. D. 1985. Notary Public State of Florida at Large My Commission Expires: ! — /� � ADDENDUM TO LEASE THIS ADDENDUM, made the date below recited, to that certain LEASE dated November 25, 1985 (executed December 16, 1985), by and between the CITY OF SANFORD (LESSOR), and JOHN SMITH (LESSEE), establishing a portion of SANFORD RIVERFRONT PROJECT as leasehold (hereinafter called LEASE). LESSOR and LESSEE agree as follows: W I T N E S S E T H: 1. That as of this date, LESSEE is not in default under any terms of the LEASE of the premises leased by LESSEE. 2. That in the event of any default under such LEASE, LESSOR will not terminate the LEASE or take any action to enforce any claim with respect thereto without giving to LENDER at least thirty (30) days' prior written notice and the right to cure such default within said period; and so long as the LENDER has not entered in possession of the premises leased in LEASE, it shall not be liable for rent or any other obligation of LESSEE pursuant to, or in connection with said LEASE, and LESSEE shall remain liable for all such rents and obligations. 3. That all other provisions of that certain LEASE dated November 25, 1985, entered into between the parties are ratified and confirmed and shall remain in full force and effect. Signed, sealed and delivered this 3rd day of April , 1986. ATTEST: CL '/'.X ✓`4-' Wi esses as to LESSEE CITY OF SANFORD, FLO IDA BY: {� MAYOR LMSOR ,- JOHN ST H LESSEE . 4M' Stenstrom, McIntosh, Julian, Colbert & Whigham, P. A. Attorneys and Counsellors at Law Douglas Stenstrom Kenneth W McIntosh Ned N. Julian, Jr. William L. Colbert Frank C. Whigham Clayton D. Simmons Thomas E. Whigham Robert K. McIntosh Suite 22 Sun Bank Post Office Box 1330 Sanford, Florida 32772 -1330 (305)322-'2171 April 24, 1986 Frank Faison, City Manager City of Sanford, Florida Sanford City Hall Post Office Box 1778 Sanford, Florida 32772 -1778 Dear Frank: Enclosed please find a Second Addendum to Lease on the Lakefront Project. We have been contacted by the attorney for the lender who is making a construction loan to John Smith. They are concerned because North Palmetto Avenue as extended from its intersection with Seminole Boulevard is not a platted and dedicated street in the city limits of Sanford. They require some type of language in the lease to assure ingress and egress from the property leased by John Smith to the nearest platted public road which is apparently Seminole Boulevard. Therefore, we have prepared a Second Addendum to the Lease. The only change in the lease is contained in the last sentence of Paragraph 1 of the Addendum. We believe that this Addendum can be signed by the City without further action on the part of the City Commission for the following reasons: 1. The City intended to lease the property with access over North Palmetto Avenue extended because that is the only means of access to the property; and 2. If access is not specifically shown on the Lease, it would be implied by law over the most direct route from the property to the nearest platted road, which happens to be North Palmetto Avenue extended. Ihave discussed this language with Lawrence Carroll, attorney for the lender, and he has approved the language and indicated this will solve the problem. Sincerely, STENSTROM, McINTOSH, JULIAN, COLBERT WHIGHAM, P. A. Williaan L. Colb^rt WLC /lss Enclosure SECOND ADDENDUM TO LEASE THIS ADDENDUM, made the date below recited, to that certain LEASE dated November 25, 1985 (executed December 16, 1985), by and between the CITY OF SANFORD, FLORIDA, (LESSOR), and JOHN SMITH (LESSEE), establishing a portion of SANFORD RIVERFRONT PROJECT as leasehold (hereinafter called LEASE), LESSOR AND LESSEE agree as follows: W I T N E S S E T H: 1. That Paragraph 1 of the LEASE recited above is amended to read as follows: "I. Upon the terms and conditions hereinafter set forth and in consideration of the payment from time to time of the rentals herein provided, Lessor does hereby lease and let unto Lessee and Lessee hereby does lease from Lessor that certain real property lying and being situate in Sanford, Seminole County, Florida, commonly known as the paved parking lot North of the dry storage building at Monroe Harbour Marina, more particularly described as follows: Beginning at the Northeast corner of Lot 1, SANFORD RIVERFRONT PROJECT, according to the plat thereof as recorded in Plat Book 14, Page 88, of the Public Records of Seminole County, Florida, run N. 69 W., along the Northerly line of said Lot 1, a distance of 400.00 feet, thence run S. 41 19" W. , 144. 33 feet, thence run S. 69 E. 451.06 feet to the Easterly line of Lot 1, thence run N. 20 15" E. , 135 feet to the Point of Beginning . Containing 1.2397 acres (54,000 square feet). Together with access for ingress and egress over the paved road known as North Palmetto Avenue extended from its intersection with Seminole Boulevard to the demised premises described herein." 2. That all other provisions of that certain LEASE dated November 25, 1985, and Addendum to 1,ease dated April 3, 1986, entered into between the parties are ratified and confirmed and shall remain in full force and effect. I TATE OF FLORIDA OUNTY OF SEMINOLE n the ersonally BEFORE ME, the undersigned authority, duly authorized City and State aforesaid to take acknowledgments, appeared Bettye D. Smith and H. N. Tamm, Jr. , who acknowledged that they igned the foregoing ADDENDUM TO LEASE for the purposes therein xpressed. WTTNESS my hand and official seal this 3rd day of aril , 1986. Q- o ary Public State of Florida at Large My Commission Expires: Notary public, State of Florida y Commission Exp ires Feb. 17, 1990 Bonded Thru Troy Fain •Insurance Inc. STATE OF FLORIDA COUNTY OF SEMINOLE BEFORE ME, the undersigned authority, duly authorized in the City and State aforesaid to take acknowledgments, personally appeared John Smith, who acknowledged that he signed the foregoing ADDENDUM TO LEASE for the purposes therein expressed. WITNESS my hand and official seal this Third day of April, 1986. No ary Public State of Florida at Large My Commission expires: Notary public, State of Florida PRy ires Feb. 17, 1990 Commission Exp Bonded Thru Troy Fain • nsur3n- "C' MAE l Signed, 1 A. D ATTEST: sealed and delivered this •:• J CLE t esses as t6 STATE OF FLORIDA COUNTY OF SEMINOLE C day of CITY OF SANFORD, FLORIDA By: MAYOR JOHN SMITH BEFORE ME, the undersigned authority, duly authorized in the City and State aforesaid to take ackn wledgments, personally appeared ,�x� lU. n�1 r ��c �6i,n 'rA'T' 0 r , who acknowledged that they signed the foregoing SECOND ADDENDUM TO LEASE for the purposes therein expressed. WITNESS my hand and official seal thi day of A. D. 1986. N�aryy Pu blic State of Florida at Large My Commission Expires: Notary Public, State of Florida MY Commission Expires Feb. 17, 1990 bonded Thru yroy Fain : Insurance InC, - -2 -- NOW, THEREFORE, for and in consideration of the mutual covenants herein contained and in consideration of the payments and undertakings herein mentioned and for other good and valuable considerations, the parties do hereby agree as follows: 1. Upon the terms and conditions hereinafter set forth and in consideration of the payment of the rentals herein provided, Lessor does hereby lease and let unto Lessee and Lessee hereby does lease from Lessor that certain real property lying and being situated in Sanford, Seminole County, Florida, commonly known as One Harbour Place, hereinafter referred to as the "Leased Property ", and more particularly described as follows: Beginning at the Northeast corner of Lot 1, SANFORD RIVERFRONT PROJECT, according to the Plat thereof as recorded in Plat Book 14, Page 88, of the Public Records of Seminole County, Florida, run N. 69 0 16 1 45' W., 140 feet for a Point of Beginning; thence continue W. 69 0 16 1 45' W. along the Northerly line of said Lot 1, a distance of 260 feet; thence run S. 41 0 26 1 19" W., 144.33 feet; thence run S. 69 0 16 1 45" E. 311.059 feet to the Easterly line of Lot 1; thence run N. 20 0 43 1 15" E. 135.00 feet to the Point of Beginning. Containing 0.885 acres (38545.6 square feet). 2. The term and duration of this Lease shall terminate on the 31st day of December, 2040. 3. That Lessee hereby covenants and agrees upon execution of this Lease to pay to Lessor as rent for calendar year 1996 the sum of THREE THOUSAND THREE HUNDRED FIFTY - THREE AND NO 1100 ($3,353.00) DOLLARS with subsequent annual rentals to be due in advance without demand on January 1 of each year for each and every year of the term of this Lease, at the office of the Finance Director of the City of Sanford, Post Office Box 1788, Sanford, Florida 32772 -1788 . --2 -- !Y e F and to pay to Lessor as rent from.September 1 1995 -to December 31, 1995, monthly.rent:of $279:42. 4. Both parties agree that the annual rent of Three thousand three hundred fifty -three dollars ($3,353 00))yshall >dziar`ease� three''` percent c; (3 &-) beginnigq January 1 1997 shall increase `'three` percent -(3a) per year for each and every year thereafter during " Phe term of this Lease. 5. It is furthermore agreed that all improvements located upon the Leased Property shall upon the termination of this Lease, including any renewal in accordance with paragraph 14 herein, revert in fee simple absolute to the City of Sanford. 6. Lessee, in addition to the rentals required herein, agrees to timely pay all the annual ad valorem taxes and any other taxes or assessments levied by any governmental authority on all land, buildings, improvements, or personal property on the Leased Property. If the Lessor elects to pay said taxes or assessments on behalf of Lessee, Lessee,-on demand, shall reimburse Lessor for all sums actually paid on Lessee's behalf. 7. Lessee shall further provide public liability and property damage insurance naming Lessor as co- insured in a company or companies acceptable to Lessor in such amounts as shall be required by Lessor provided; however, that the required minimum insurance policy limits shall not exceed ONE MILLION AND NO 1100 ($1,000,000.00) DOLLARS. Lessee shall also continuously carryfull replacement cost broad form hazard insurance on all improvements. 8. Lessee, at its sole expense, will operate, maintain and __3__ .i repair all improvements constructed upon the Leased Property and will further place and maintain landscaping in all appropriate areas to create an aesthetically attractive improvement. Furthermore, Lessee shall, at all times, - maintain -and repair the' improvements and the landscaping in 'a prompt, efficient and workmanlike manner for the benefit of themselves and the public at large. Lessee shall promptly comply with all statutes, ordinances, rules, orders, regulations and requirements of the Federal, State and City Government and of any and all of their Departments and Bureaus applicable to said improvements and the Leased Property, for the correction, prevention, and abatement of code violations, nuisances or other grievances, in, upon, or connected with the improvements and the Leased Property during the term of this Lease; and shall also promptly comply with and execute all rules, orders and regulations of the applicable fire prevention codes for the prevention of fires, at Lessee's own cost and expense. 9. Lessee shall not assign this Lease or any part thereof nor use the same, or any part thereof, nor permit the same, or any part thereof, to be used for any other purpose than as herein agreed, nor make any alterations therein, nor any additions thereto, without the written consent of the Lessor, which consent shall not be arbitrarily or capriciously withheld. All additions, fixtures or improvements which may be made by Lessee, except movable office furniture, shall become the property of the Lessor and remain upon the Leased Property as a part thereof, and be surrendered with the Leased Property at the termination of this - -4 -- r C lease, including any renewal in accordance with paragraph 14, herein. 10. Lessee shall not be liable for any 'p`rior:environmental contamination of the Leased Property, nor for cleanup of same. Lessee shall be resppnsible for any environmental contamination that results from its occupancy or subleasing of the Leased Property. 11. Lessee shall have the right of first refusal to lease that property deleted from the Prior Lease Documents by this new Lease, should the City, in the future, choose to lease same; however, this right shall be predicated on Lessee's willingness to develop said property in a manner acceptable to the City of Sanford. 12. It is acknowledged that the City's Land Development Code parking requirements have changed since construction of the existing building on the Leased Property. The Leased. Property contains forty -two (42)- parking spaces while the City's Land Development Code requires fifty (50) parking spaces for the existing facility for ordinary commercial use and requires more parking spaces if certain other commercial uses were present. The undeveloped land in the Prior Lease Documents could have been developed into thirty -four (34) additional parking spaces. Therefore, the Leased Property, including any expansion thereof in accordance with paragraph 11 above, shall be deemed to have 84 parking spaces for purposes of compliance with the City's Land Development Code Parking Requirements. I - -5 -- 13. Lessee shall not permit the operation of a motel, restaurant, lounge, marina, bar or package store on the'.Leasea Property!: This paragraph shall be deleted from this Lease as soon as the corresponding non - compete clauses can be deleted from the other City leases on�the Riverfront property [paragraph 11 of the Holiday Inn Lease dated May of 1995 and Article XI(c) of the Monroe Harbor Inc, Lease dated March 14, 1967). 14. At the end of the term hereof, Lessee shall have first right of refusal of a renewal of this lease for forty-five (45) additional years. In this respect the City may, six (6) months in advance of the expiration of this Lease, provide to Lessee in writing the new terms and conditions of such renewal and within thirty (30) days thereafter- Lessee shall signify its written acceptance or rejection of such terms. Failure of the Lessee to respond within thirty (30) days shall constitute rejection. In the event the renewal terms are rejected by Lessee, this Lease shall terminate on December 31;.2040, and Lessee shall forthwith deliver up the premises in good condition subject to reasonable wear and tear. All equipment permanently affixed to either the buildings located on the Leased Property 'or anywhere within the Leased Property shall remain upon the Leased Property and become the property of the Lessor. By definition, permanently affixed means those items which cannot be removed without damage to the improvements and shall specifically include but not be limited to all buildings, fixtures, structures, landscaping, walkways, awnings, utilities and signs. -6-- 15. Upon default hereof by Lessee, this Lease at the'optioi' of Lessor, shall be declared null and void .inw, which evenO40 improvements and permanently - affixed equipment shall enure'toarid; become the property of Lessor. In addition, Lessor shall have all the rights and remedies afforded to it under the laws of the State of Florida including but not limited to the right to apply to a Court of competent jurisdiction for the appointment of a receiver and for all other remedies provided for by law and specifically including all remedies set forth in Chapter 83 of the Florida Statutes. The timely payment of the rent for the Leased' Property, and the faithful observance of all terms of this Lease, are the conditions upon which the Lease is made and accepted and any failure on the part of the Lessee to comply with any term of this Lease, shall at the option of Lessor, work a forfeiture of this Lease, and all of the rights of Lessee herein. 16. If Lessee shall become insolvent or if bankruptcy proceedings shall be begun by or against Lessee before the end of the.term of this Lease, the same shall constitute a default of this Lease and Lessor is hereby irrevocably authorized at its option, to forthwith cancel this Lease. Lessor may elect to accept rent from such receiver, trustee, or other judicial officer during the term of their occupancy in their fiduciary capacity without affecting Lessor's rights as contained in this Lease, but no receiver, trustee, or other judicial officer shall ever have any right, title or interest in or to the Leased Property by virtue of this Lease. 17. In the event of any default under this Lease, Lessor will --7 -- not terminate this Lease or take any action to enforce any claim fi..0 with respect,.thereto without giving to the holder of any mortgage on" impro ements located on- the Leased Property, hereinafter referred ^;to .as < "the Lender ", at least thirty (30) days prior written ,notice and the right to cure such default within said period; and so long as the Lender has not entered in possession of the Leased Property, it shall not be liable for rent or any other obligation of Lessee pursuant to, or in connection with this Lease, and Lessee shall remain liable for all such rents and obligations. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals to this Lease on the day and year first written above. Signed, sealed and delivered CITY OF SANFQRD, FLQRIDA in the presence of: _ p By; 7 B TT D. SMITH, MAYOR Witness 4io lJt�i� Witness SANFOE \OHP.LSE SOUR t1l PARTNERSHIP By vc ^- l t{ry c fi Title: € $1, __g__ f not terminate this Lease or take any action to enforce any claim fi..0 with respect,.thereto without giving to the holder of any mortgage on" impro ements located on- the Leased Property, hereinafter referred ^;to .as < "the Lender ", at least thirty (30) days prior written ,notice and the right to cure such default within said period; and so long as the Lender has not entered in possession of the Leased Property, it shall not be liable for rent or any other obligation of Lessee pursuant to, or in connection with this Lease, and Lessee shall remain liable for all such rents and obligations. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals to this Lease on the day and year first written above. Signed, sealed and delivered CITY OF SANFQRD, FLQRIDA in the presence of: _ p By; 7 B TT D. SMITH, MAYOR Witness 4io lJt�i� Witness SANFOE \OHP.LSE SOUR t1l PARTNERSHIP By vc ^- l t{ry c fi Title: € $1, __g__ Stenstrom, McIntosh, Julian, Colbert e whigham, F. A. Attorneys and Counsellors at Law Douglas Stenstrom Kenneth W McIntosh Ned N. Julian, Jr. William L. Colbert Frank C. Whigham Clayton D. Simmons Thomas E. Whigham Robert K. McIntosh Suite 22 Sun Bank Post Office Box 1330 Sanford, Florida 32772-1330 (305) 322 -2171 March 19, 1986 Frank Faison, City Manager City of Sanford, Florida Sanford City Hall Post Office Box 1778 Sanford, Florida 32772 -1778 Dear Frank: Enclosed is a certificate that was maintained in the City's files. sent to us. It should be Sincerely, STENSTROM, McINTOSH, JULIAN, COLBERT & WHIGHAM, P. A. William L. Colbert WLC /lss Enclosure 3 -13 -86 Justus Insurance, Inc. 2611 Technology Drive Suite 209 Orlando, Fl. 32804 Continential Insurance Company John L. Smith d /b /a/ A UTOMOBILE One Harbor Place 3505 South Orlando Dr. Sanford, Fl. 32771 -- INJURY DER K;SON, $ I THIS IS TO CERTIFY THAT POLICIES OF INSURANCE LISTED BELOW F A !Ss.:UED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. , NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF AAA C' JR GTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE ! NSURANCE AFFORDED BY THE P ^'_I( !rS')FSC';IBED HEREIN IS SUBJE :T TO Al L THE TERMS, EXCLUSIONS, AND CONDI- TIONS OF SUCH POLICIES CO a L IABILITY LIMITS IN THOUSAN SR iY "F F. OF 4 URANC F POl ICY NUMBE.< 1 M T P -- -- PRIV PASS I - -- AGGREGATE -------- j I _1CCURRENCE i PROPERTY I GENERAL LIABILITY j DAMAGE ;$ BoDII COMPREHENSIVE FIR M M ��lJURY -� $ A GARAGE LIABILITY Binder # 86 -12 3 -25 -86 3 -25 -87 PREMISESJOPERAI IONS $ -- - - -- -- PRUP F:RT y — ._ -- ---- - ----- EXCESS LIABILITY UNDERGROUND DAnaA ,E $ $ COMBINED $ I$ EXPLOSION & COLLAPSE HAZARD OTHFR THAN UMBRELLA FORM I PRODUCTS/COMPLETED OPERATIONS i WORKERS' COMPENSATION X CONTRACTUAL �Rls Pal COMBINED i $ 1,000, $ 1,000, $ - -- — (DISEASE P OLICY LIMIT) INDEPENDENT CONTRACTORS ( I $ -- — — —'- - -- -- -- -- i --- - -- DI SEASE EA EM - - -- BROAD FORM PROPERTY DAMAGE i Builders Risk Binder #86 -12 3 -25 -86 ' 3 -25 -87 j $720,000 amt. of Ins. PERSONAL INJURY i PERSONAL INJURY $ j A UTOMOBILE LIABILITY ! ANY AUTO INJURY DER K;SON, $ I 1 � ALL OWNED AUTOS IPRIV PASS.) BODILY i iNJUR', I ALL OWNED AUTOS (OTHER THAN) ( J-9 A,CIDEtiT• $ PRIV PASS I j I HIRED AUTOS j i PROPERTY I DAMAGE ;$ I NON -OWNED AUTOS GARAGE LIABILITY BI s PD COMBINED' -- I $ -- - - -- -- — ._ -- ---- - ----- EXCESS LIABILITY - - -- -- -- RI& PD ? UMBRELLA FORM COMBINED $ I$ OTHFR THAN UMBRELLA FORM I r STATUTORv i WORKERS' COMPENSATION -- $ FACH ACC!DFNTI AND $ - -- — (DISEASE P OLICY LIMIT) EMPLOYERS' LIABILITY -- OTHER $ -- — — —'- - -- -- -- -- i --- - -- DI SEASE EA EM - - -- A i Builders Risk Binder #86 -12 3 -25 -86 ' 3 -25 -87 j $720,000 amt. of Ins. DESCRIPTION OF OPE RAT IONS /LOCATIONSNEHICLES /SPECIAL ITEMS Bill Colbert c/o Stenstrom, McIntosh, Julian, Colbert & h P.A. Box 1330, Sanford, Fl. 32772 -1330 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EX- PIRATION DATE THEREOF, THE ISSUING COMPANY WILL ENDEAVOR TO MAIL DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE COMPANY, ITS AGENTS OR REPRESENTATIVES. — AUTHORIZED REPRESENTATIVE INBUILDERS NOTICE WEST FLORIDA INC. 4030 Henderson Blvd. • P.O. Box 25594, Tampa, FL 33622 • (813) 875 -1004 708 S. Andrews Avenue • P.O. Box 457 • Ft. Lauderdale, FL 33302. Broward: 764 -1322 / Dade: 949 -4576 / 1 -800- 432 -1959 NOTICE TO OWNER / PRELIMINARY NOTICE JULY 21, 1986 JOHN SMITH CITY OF SANFORD 137 CLEAR LAKE CIRCLE AND P.O. BOX 1778 SANFORD, FL. 32771 C� 4 60461 SANFORD, FL. 32771 Please be informed that the undersigned is furnishing, or has furnished the following described materials, labor, and /or services: SCAFFOLDING for the improvement of re r ���[ ty do i�s: FLORIDA 541 NO: PALMETTO AV ELYUJ; , , HARBOR FRONT VILLAGE SHOPPING CENTER NE CORNER of LOT 1, SANFORD RIVERFROWPROJECT As recorded in PLAT BOOK 14, PAGE 88 and further described by NOTICE OF COMMENCEMENT OR BOOK 1731, PAGE 978, SEMINOLE COUNTY, FLORIDA. under an order given by: STRUCTURAL BUILDERS Florida law prescribes the serving of this notice and restricts your right to make payments under your contract in accordance with Sec- tion 713.06, Florida Statutes. In the event that the contract for improvements is bonded, pursuant to Section 713.23, Florida Statutes, Section 255.05, Florida Stat- utes or any other statute or common law, the undersigned intends to look to that bond for payment. Further, if a payment bond does exist we request a copy. Failure to furnish a copy may render you liable for damages. THIS NOTICE IS NOT A LIEN, CLOUD, NOR ENCUMBRANCE UPON TITLE TO YOUR PROPERTY, NOR IS IT A MATTER OF PUBLIC RECORD. The law requires the sending of this notice as a prerequisite to the protection afforded by the lien and /or bonding laws in most instances. Accordingly this notice is sent as a matter of protection to the sender and the recipient(s) as a standard business practice. It does not necessarily indicate the existence of any problem, n it intended to reflect adversely upon any person named herein. STRUCTURAL BUILDERS P.O. BOX 18258 BY: ' ORLANDO, FL. 32860 J I'S A. CARMEL. Agent for S 10T A. D. ARNOLD CONSTR. CO. ;;^ 1 SAF -T -GREEN OF ORLANDO, INC. 3928 FORSYTHE RD. 7904 NO. ORANGE BLOSSOM TRAIL WINTER PARK, FL. 32792 (GC /CM) ORLANDO, FLORIDA 32810 NATIONAL FIRE INS. CO. OF HARTFORD c/o MUROSKI & ASHTON P.O. BOX 7597A FREEDOM SLA ORLANDO, FL 32856 (BOND /GC /CM) Attn: Const. Loan Dept. C()11_6 18 P.O. BOX 1926 (� :: 1! WINTER PARK, FL. 32790 (LENDER /CM) Jan., ary.2 !..19 R7 On SMiLh ..APd My if.... Sanfnrd,.Sonfnrd, F! 317/1 (ow F, t r) AM" 1 37 Mai take Khrylu K a q; an ;Kj w wgrlj hemby 4HUMS YOU bat hn k. 1 twn"04 tw �_, , erviccs or rn, terials it i � !, : :I ' . 1'!1' fun the provernMA of to red "opwo (Dcscri;r4 toal j propr.rty :,.ufficiantly for incduc�iirtq and nu or d known) , ginning at the NE Curnur w Lot 1, Sanlord Riverfront Pro jecL, ML Book 14, Page 88 Semiro Y County, Rjorida more parricularly osc7ibed in nr Book 1731 Fa y 0W unhr w War Man W. . pill 0-psy C on. ,t-ruction...". ..... ............ . .. .. ..... . .......... .. ........ .. . ... '­­­ 803 .. l L F r e � L_ n f pj I,, F 1 3 .......... .1 ­­­ ....... . .... .. 1 Y pr - iscribes be se"±g of AN nuke md rnkWs yom rjh1 to We paymews uAder your cwM ad in wxm in w4h secn an 713 U6, Florida W ues. caphst—kyjApnp! Fire insuranue Q of HKTYTOc ?T 7597-A .. ... .. on it RA q 1- Y.J F-eedom Savings & Loan ksno 0 aca cir(tmce ws(h Soct!ons 7 '10,,7,(2,' '; i' '_Fj and 71113H 10), NO 0, Mows) L I - jed nin! . P 145 558 70� N"I'l 07w- P 145 5V v) ...... I ....... F Mim - P 145 90 70() Mv Q Sanford-P 145 558 7 6! W"erson Lumber, Inc. P.O. Box 1247 / 400.Spring Hammock Court Longwood, Florida 32750 ' Phone (305) 834 -2252 JE �2 ntIemen: 'e are pleased to advise you that rder placed with us by: NOTICE TO ER AND /OR NOTICE TO RJ BL.I C WM LZVMRA WITH R -GL EST FOR OF BoHD Wilkerson umber inc. Longwood under an i be supplying Lumber and misc . materials for incorporation into the referenced - _:ject. s notification is not intended in any way to reflect upon the credit of our customer, a requirement under Florida Statutes S713.06 for private jobs and Statutes S255.05 or public works contracts. the case of a public works contract, we respectfully request that a copy of the bond sent to us. County : SEMINOLE COUNTY Jots Descr, : HARBOR FRONT VILLAGE SHOP CTR Rook /Pads 1731/6 Recorded 5/05/886 SANFORD RIVERFRONT PRO,J, LOT 1 Constr. Type : SHOPPING /STRIP CENTERS Legal BEGINNING AT THE NE CORNER OF LOT 1, SANFORD RIVERFRONT PROJECT, PLAT BOOK 14, PAGE 88 SEMINOI_E COUNTY, FLORIDA MORE PARTICULARLY DESCRIBED IN OR BOOK 1731 PAGE 978 Gen.Contr :XA D ARNOLD CONSTRUCTION CO 3928 FORSYTH RD WINTER PARK, FL 32792 Owner(s) :Y-JOHN SMITH 137 CLEARLAKE CIRCLE SANFORD, FL 32771 Copies to :YNATIONAL FIRE INSURANCE CO.0F HARTFORD P 0 BOX 7597 -A ORLANDO, FL 32854 X CITY 01= SANFORD SANFORD, FL 32771 x FREEDOM SAVINGS A LOAN ASSN P 0 BOX 1926 WINTER PARK, FL 32790 Very truly yours, Milkerson Lumber Inc. .ified Mz il v- :urn _ Receipt e ?sted 't( !/tea iw / w �N r . �-•� t. i �� F`li R(11 _ 7 a f"JlI1A - Lx�\ ^ 2VG V .� Geri S. 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