07/07/1987
ADDENDUM TO LEASE
This addendum, entered into this 1M- day of ~ tJ l'j
1987, adds Paragraphs 8 and 9 to that certain Lease entered into
on the 2nd day of October, 1984, by and between the COUNTY OF
MONROE, a political subdivision of the State of Florida,
hereinafter referred to as Lessor, and CASA MAGNA, INC.,
hereinafter referred to as the Lessees. Said Paragraphs 8 and 9
are an addendum to said Lease and shall read as follows:
8. - "EXTENSION OF LEASE"
Said Lease between Lessor and Lessee shall be extended for
an additional Five-year period. The additional Five-year exten-
sion is to commence on October 2, 1989.
9. - "OPTIONS FOR EXTENSION OF LEASE"
Lessee shall have the option to renew said Lease after the
first Five-year extension, which terminates on October 1, 1994,
for two additional five (5) year periods. The base rental fee
will be adjusted annually in accordance with the official U. S.
Government Consumer Price Index (CPI) and applied annually on the
anniversary date of this lease.
Increases in the Lease during
the first Five-year option period shall be extended into
succeeding option periods.
All other provisions of said agreement are to remain in full
force and effect.
Any provisions in the original lease that are in conflict
with this addendum are hereby rescinded.
IN WITNESS WHEREOF, the Parties hereto have caused this
Addendum to Lease to be executed as of the day and year first
above written.
(SEAL)
At te s t : DANNX 1. KOLHAGE, Clerk
a1rman
~~-~~.j)~
er '
BY
CASA
)(
(SEAL)
Attest:
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