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Real Estate Sales Contract with Lottie Apartments, LLC REAL ESTATE SALES CONTRACT THIS REAL ESTATE SALES CONTRACT (hereinafter referred to as the "Agreement"), is dated this 3rd day of December, 2014, and is entered into by and between the City of Miami Beach, Florida, a municipal corporation organized and existing under the laws of the State of Florida, whose address is 1700 Convention Center Drive, Miami Beach, Florida, 33139 ("Buyer" or "City"), and MBCDC: Lottie Apartments, LLC;;,a Florida limited liability company, whose sole manager and member is Miami Beach \Community Development Corporation, Inc., a Florida nonprofit corporation, whose address is 945 Pennsylvania Avenue, Miami Beach, Florida, 33139 ("Seller"). 1. DESCRIPTION OF PROPERTY: Seller agrees to sell and Buyer agrees to purchase, under the terms and conditions set forth in this Agreement, all right, title and interest of Seller in and to the following: A. the certain real property, located at 530 75th Street, Miami Beach, Florida, known as Lottie Apartments, together with any and all easements, covenants and other rights appurtenant to such parcel and owned by Seller, and which property is more particularly described in Exhibit "A", attached hereto and incorporated herein (hereinafter referred to as the "Property"); B. all improvements on the Property including, without limitation, (i) the buildings themselves and all appurtenances thereto, and all materials, furniture, furnishings, fixtures, equipment, and other tangible personal property of every kind and character owned by Seller that is affixed to and/or located at/on the Property, as well as (ii) all materials, furniture, furnishings, fixtures, and equipment that have been ordered and/or purchased by Seller, as of the Effective Date, for the Property, but that may not necessarily have been installed on the Property as of the Closing Date (collectively (i) and (ii) are referred to as the "Personal Property"); C. all intangible property (if any and to the extent assignable) 'owned or held by Seller in connection with the Property (including the Personal Property) and including, without limitation, (i) any and all transferable licenses, permits, certificates of occupancy, and other approvals in effect at the Closing Date and necessary for the current use and operation of the Property or the Personal Property; (ii) any and all architectural or engineering drawings, plans and specifications, or other documents (hereinafter collectively referred to as the "Plans and Specifications"); (iii) any and all transferable warranties, tests and studies; and (iv) any and all development rights that exist and are in Seller's possession, as of the Closing Date, and relate to the Property or Personal Property (collectively "Intangible Property"). 1 2. PURCHASE PRICE: The total purchase price of the Property is ten and 0/100 dollars ($10.00), which City and Seller hereby deem to be good, valuable, and sufficient consideration for such purchase, and is subject to adjustments and prorations as provided for in this Agreement. 3. ACCEPTANCE: Until such time as this Agreement has been fully executed by Buyer and Seller, this Agreement shall not be binding. If this Agreement is not executed by all parties by 5:00 PM on December 5, 2014, the Agreement shall be null and void. 4. FACSIMILE; EFFECTIVE DATE: Facsimile copies of this Agreement, signed and initialed in counterpart, shall be considered for all purposes, including delivery, as originals. The Effective Date of this Agreement will be (a) the date when the last one of Buyer and Seller has signed this offer, or (b) if changes in this offer (after signature) have been made and initialed by the parties, the date when the last one of or Seller has initialed those changes. 5. INSPECTIONS AND CONDITION OF PROPERTY: A. Buyer herein acknowledges and agrees to complete its due diligence inspection of the Property twenty-four (24) hours prior to the Closing Date (defined below) (the "Inspection Period"). B. During the Inspection Period, Buyer may conduct such analyses, inspections, tests, and other studies, at Buyer's sole expense, and as -Buyer may deem necessary, to ascertain the condition of the Property; provided, however, (i) Buyer agrees to provide Seller with at least twenty- four (24) hours' prior notice (which notice may be oral or written) of its intent to inspect, test, survey or study, and (ii) upon Seller's request, Buyer shall be accompanied by a representative of Seller. Notwithstanding the foregoing, Buyer shall not perform any invasive testing without the prior written consent of Seller. Buyer shall, upon its receipt thereof, promptly deliver to Seller copies of all such audits and assessments obtained by Buyer. C. During Buyer's inspection of the Property, Buyer shall (i) not disturb or interfere with the use of the Property by Seller; and (ii) not damage or affect the physical structure of the Property. Buyer shall be responsible for any and all losses, damages, charges and other costs associated with such inspections and studies, and Buyer covenants and agrees to return the Property to the same condition as existed prior to such. inspections and studies. Buyer agrees not to allow any liens to arise against the Property as a result of such inspections and studies and agrees, to the extent and subject to the limitations in Section 768.28, Florida Statutes, to indemnify and hold Seller harmless from and against any and all claims, 2 charges, actions, costs, suits, damages, injuries, or other liabilities which arise, either directly or indirectly, from Buyer's or its agents' or employees' entry onto the Property prior to Closing. The indemnification obligation of Buyer under this Section shall survive Closing or any earlier termination of this Agreement. D. Buyer agrees to accept the Property at Closing in its then present condition, "AS IS, WITH ALL FAULTS, AND WITHOUT ANY WARRANTY WHATSOEVER, EXPRESS OR IMPLIED." Notwithstanding anything contained herein to the contrary, it is understood and agreed that Seller, Seller's sole manager and member, Miami Beach Community Development Corporation, Inc., a Florida nonprofit corporation ("MBCDC"), their respective agents, employees, officers, directors, partners, controlling persons and affiliates and their successors and assigns (collectively; "Seller Parties") have not made and are not now making, and they specifically disclaim; any warranties, representations or guaranties of any kind or character, express or implied, oral or written, past, present or future, with respect to the Property, including, but not limited to, warranties, representations, or guaranties as to environmental matters of any kind relating to the Property, the improvements or any portion thereof (including the condition of the soil or groundwater beneath the Property); code or other governmental authority violations, open permits, delinquent liens, geological conditions, including, without limitation, subsidence, subsurface conditions, water table, underground water reservoirs, limitations regarding the withdrawal of water and earthquake faults and the resulting damage of past and/or future earthquakes; whether, and to the extent to which the Property or any portion thereof is affected by any stream (surface or underground), body of water, flood prone area, flood plain, floodway or special flood hazard, drainage, soil conditions, including the existence of instability, past soil repairs, soil additions or conditions of soil fill, or susceptibility to landslides, or the sufficiency of any under shoring; zoning to which the Property or any portion thereof may be subject; the availability of any utilities to the Property or any portion thereof including, without limitation, water, sewage, gas, and electric; usages of adjoining property; access to the Property or any portion thereof, the value, compliance with plans and specifications, size location, age, use, design, quality,' description, suitability, structural integrity, operation, or physical or financial condition of the Property or any portion thereof, the presence of Hazardous Substances (defined below) in or on, under or in the vkinity of the Property; the condition or use of the Property or compliance of the Property with, any or all past, present or future federal, state or local ordinances, . rules, regulations, or laws, building, fire, or zoning ordinances, codes, or other similar laws; the existence or non-existence of underground storage tanks; any other matter affecting the stability 3 or structural integrity of the Property; the potential for further development of the Property; the existence of vested land use, zoning or building entitlements affecting the Property; the manner or quality of the construction or materials incorporated into any part of the Property; the manner, quality, state of repair, or lack of repair of the Property; the merchantability of the Property or fitness of the Property for any particular purpose (Buyer affirming that Buyer has not relied on Seller Parties° skill or judgment to select or furnish the Property for any particular purpose, and that Seller Parties do not make any warranty that the Property is fit for any particular purpose); and any tax consequences. EXCEPT AS IS EXPRESSLY PROVIDED IN THIS AGREEMENT, SELLER PARTIES MAKE NO REPRESENTATIONS OR WARRANTIES OF ANY KIND TO BUYER, INCLUDING, WITHOUT LIMITATION, THE PHYSICAL CONDITION OF THE PROPERTY AND ANY IMPROVEMENTS LOCATED THEREON, OR THEIR SUITABILITY FOR ANY PARTICULAR PURPOSE OR OF MERCHANTABILITY. BUYER SHALL RELY ON ITS OWN INVESTIGATIONS OF THE PROPERTY IN DETERMINING TO ACCEPT IT. THE PROVISIONS OF THIS SECTION ARE A MATERIAL PART OF THE CONSIDERATION FOR SELLER TO ENTER INTO THIS AGREEMENT AND SHALL SURVIVE THE CLOSING. E. Buyer, on behalf of itself and its agents, employees, officers, directors, partners, controlling persons and affiliates and their successors and assigns (collectively, "Buyer Parties"), hereby release Seller Parties from any and all liability, responsibility, or claims arising out of or related to the presence, including in the soil, air, structures, and surface and subsurface waters, of Hazardous Substances. Without limitation, Buyer Parties hereby specifically release Seller Parties from and against any claims they may have against Seller now or in the future under any Environmental Law (defined below). The provisions of this Section shall survive the Closing. For purposes hereof, (i) "Hazardous Substances" means any and all pollutants, contaminants, toxic or hazardous wastes or any other substances that might pose a hazard to health or safety, the removal of which may be required or the generation, manufacture, refining, production, processing, treatment, storage, handling, transportation, transfer, use, disposal, release, discharge, spillage, seepage, or filtration of which is or shall be restricted, prohibited, or penalized under any Environmental Law (including, without limitation, lead paint, asbestos, urea formaldehyde foam insulation, petroleum, petroleum products, oils, diesel fuels, and polychlorinated biphenyls); and (ii) "Environmental Law" means any law, ordinance, rule, regulation, order, judgment, injunction, or decree relating to pollution or substances or materials which are considered to be hazardous or toxic, including, without limitation, the Resource Conservation and Recovery Act, the Comprehensive Environmental Response, Compensation and Liability Act, the Hazardous Materials Transportation Act, the Clean Water Act, the Toxic Substances Control Act, the Emergency Planning and Community Right to Know Act, 4 any state and local environmental law, all amendments and supplements to any of the foregoing, and all regulations and publications promulgated or issued pursuant thereto. 6. BUYER'S RIGHT OF CANCELLATION DURING INSPECTION PERIOD: Buyer shall have the right, in its sole discretion, for any or no reason, to terminate this Agreement by delivering written notice to Seller on or before 5:00 PM on January 14, 2015, in which case this Agreement shall be terminated, and the parties shall be released of all obligations hereunder. 7. CLOSING: A. The closing for delivery of the deed and payment of the Purchase Price shall take place at the office of Buyer's attorney, who shall be the closing agent, or at such other place as the parties may mutually agree upon, on or before January 15, 2015, or such other date as the parties may mutually agree upon ("Closing Date"). B. Possession of the Property shall be transferred by Seller to Buyer simultaneously with the closing of title. 8. FINANCING: This is an all cash transaction. 9. REPRESENTATIONS AND WARRANTIES: A. Seller represents and warrants to Buyer that: (i) As of the Effective Date, the person executing this Agreement on behalf of Seller is duly authorized to do so, that Seller has full right and authority to enter into this Agreement, and this Agreement constitutes a valid and legally binding obligation of Seller, enforceable against Seller in accordance with its terms; (ii) Seller is a limited liability company organized and existing under the laws of the State of Florida, validly existing and in good standing, and authorized to do business within the State of Florida. Seller represents and warrants to Buyer that its sole manager and member is MBCDC, and that MBCDC shall remain as the sole • manager and member of Seller from the Effective Date and through and including the Closing Date; (iii) Seller has good, marketable and insurable fee simple title to the Property; (iv) Within the past ninety (90) days, there have been no improvements, alterations or repairs to the Property; 5 (v) There are no mechanic's, materialman's, or laborer's liens against the Property; (vi) The Personal Property which is being sold to the Buyer is also free and clear of all liens, encumbrances, claims and demands whatsoever; (vii) Seller has not received written notice of any violations of any Federal, State, County or City statutes, laws, ordinances or regulations with respect to the Property; (viii) Seller is not the subject to any bankruptcy, creditor's reorganization or insolvency proceeding, and none are pending, contemplated or threatened; (ix) Seller has possession of the Property and there is no other person or entity in possession, nor who has any right in or to the Property; (x) There are no unrecorded easements, liens, or assessments against the Property; (xi) There are no existing contracts for sale, options to purchase, or unrecorded deeds or mortgages existing against the Property; (xii) There are no actions, suits, claims, condemnation proceedings, or other matters pending or threatened against Seller that could affect Seller's ability to perform its obligations under this Agreement. In particular, to Seller's actual knowledge, there are no judgments or decrees which have been entered in any court of this State or of the United States against Seller and which remain unsatisfied, and that Seller has no present plans to file proceedings under the bankruptcy laws, nor are there any other claims of any kind filed or fileable that would adversely affect the title to the Property; (xiii) Subsequent to the Closing Date, Seller agrees not to execute any instrument, or do any act whatsoever, that in any way would or may affect the title to the . Property including, but not limited to, mortgaging or conveying the Property, or any interest therein, or causing any liens to be recorded against the Property; (xiv) There are no payments for work and/or improvements to the Property which are unpaid or will become due or owing at Closing; (xv) A true and accurate copy of the tenant leases encumbering the Property (Tenant Leases) are set forth in Exhibit "B", attached hereto and incorporated herein by reference; 6 (xvi) The total amount of deposits, paid by tenants in connection with the Tenant Leases, and reserves, if any, for the Property, are set forth in Exhibit "B", attached hereto and incorporated herein by reference; (xvii) All Funding Agreements which Seller has executed in connection with the Property are set forth in Exhibit "C", attached hereto and incorporated herein by reference; and (xviii) All management and operation agreements (Management and Operation Agreements) in effect, including, without limitation, management agreements, service agreements, and other like agreements, are set forth in Exhibit "D", attached hereto and incorporated herein by reference. B. Buyer represents and warrants to Seller that: (i) Each of the persons executing this Agreement on behalf of Buyer is duly authorized to do so. Buyer has full right and authority to enter into this Agreement and to complete the transaction contemplated herein and this Agreement constitutes a valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms; (ii) There are no actions, suits, claims or other matters pending, or, to the Buyer's best knowledge and belief, or threatened against Buyer that could affect Buyer's ability to perform its obligations under this Agreement; and (iii) Buyer has sufficient funds and worthy credit available to consummate the Closing of the transaction described in this Agreement. 10. CONDITION OF PROPERTY AT CLOSING: Seller shall be obligated to maintain the Property in the same condition as of the Effective Date, reasonable wear and tear excepted. 11. CONDITIONS PRECEDENT TO CLOSING: A. The obligations of Buyer hereunder to consummate the transaction contemplated hereunder shall in all respects be conditioned upon the satisfaction of each of the following conditions prior to or simultaneously with the Closing, any of which may be waived by Buyer at or prior to the Closing Date: 7 (i) Seller shall have performed, in all material respects, all covenants, agreements and undertakings of Seller contained in this Agreement. (ii) Seller shall have executed and delivered to Buyer all of the documents required of Buyer under this Agreement. (iii) All representations and warranties of Seller as set forth in this Agreement shall be true and correct, in all material respects, as of the date of this Agreement and as of Closing. In the event any of the conditions in this Section 11(A) have not been satisfied (or otherwise waived in writing by Buyer) prior to or on the Closing Date (as same may be extended or postponed as provided in this Agreement), Buyer shall have the right to terminate this Agreement by written notice to Seller given prior to the Closing, whereupon except for those provisions of this Agreement which by their express terms survive the termination of this Agreement, no party hereto shall have any other or further rights or obligations under this Agreement. B. The obligations of Seller hereunder to consummate the transaction contemplated hereunder shall in all respects be conditioned upon the satisfaction of each of the following conditions prior to or simultaneously with the Closing, any of which may be waived by Seller at or prior to the Closing Date: (I) Buyer shall have performed, in all material respects, all covenants, agreements and undertakings of Buyer contained in this Agreement. (ii) Buyer shall have executed and delivered to Seller all of the documents required of Buyer under this Agreement (iii) All representations and warranties of Buyer as set forth in this Agreement shall be true and correct, in all material respects, as of the date of this Agreement and as of Closing. C. In the event any of the conditions in this Section 11(B) have not been satisfied (or are otherwise waived in writing by Seller) prior to or on the Closing Date (as same may be extended or postponed as provided in this Agreement), Seller shall have the right to terminate this Agreement by written notice to Buyer given prior to the Closing, whereupon, except for those provisions of this Agreement which by their express terms survive the termination of this Agreement, no party hereto shall have any other or further rights or obligations under this Agreement. 8 12. CLOSING; DELIVERIES AT CLOSING: The closing of the transaction contemplated in this Agreement ("Closing") shall take place on the date set forth in Paragraph 7 of this Agreement. A. In addition to any other documents required to be delivered by Seller under this Agreement, at, or prior to, the time of Closing, Seller shall deliver to Buyer the following items in form and substance reasonably acceptable to Buyer: (i) Special Warranty Deed ("Deed"); (ii) A Bill of Sale with respect to the Personal Property; (iii) A General Assignment with respect to the Intangible Property (the "General Assignment"); (iv) A Seller's Title Affidavit in the form reasonably required by the Title Company and any other documents which may be reasonably required by the title company to provide marketable title; (v) Such documentation as may reasonably be required by the Title Company to establish that this Agreement, the transactions contemplated herein, and the execution and delivery of the documents required hereunder, are duly authorized, executed and delivered by Seller; (vi) An Assignment of all leases encumbering the Property (attached and incorporated as Exhibit "B"); (vii) At Buyer's option, an Assignment or Termination Agreement with respect to any Management and Operation Agreements in effect; (viii) An accounting of all tenant deposits and reserve funds, which Seller currently holds in connection with the Property. B. In addition to any other documents required to be delivered by Buyer under this Agreement, at the time of closing, Buyer shall deliver or cause to be delivered to Seller the following items in form and substance reasonably acceptable to Seller: (i) The Purchase Price and such other funds necessary to pay all Closing and other costs and adjustments to be paid by Buyer under this Agreement; (ii) A counterpart of the General Assignment; and 9 (iii) Such documentation as may reasonably be required by the Title Company to establish that this Agreement, the transactions contemplated herein, and the execution and delivery of the documents required hereunder, are duly authorized, executed and delivered by Buyer. C. Each party agrees to execute and deliver at Closing, a settlement statement setting forth the charges, adjustments and credits to each party and to execute and deliver such other documents and take such actions as either party or the closing agent might reasonably request to consummate the transaction herein contemplated. 13. RISK OF LOSS: A. Risk of loss prior to Closing shall be borne by Seller. B. Casualty and Condemnation. In the event that all or any substantial portion of the Property is damaged by casualty or condemned or taken by eminent domain prior to Closing, Buyer may, at its option, either: (i) terminate this Agreement by written notice thereof to Seller within five (5) days after Seller notifies Buyer of the casualty or condemnation or (ii) proceed to close the transaction contemplated herein pursuant to the terms hereof, in which event Seller shall deliver to Buyer at the Closing any proceeds actually received by Seller attributable to the Property from such casualty or condemnation or eminent domain proceeding, net of any costs associated with collecting such casualty proceeds or costs associated with such condemnation or eminent domain proceeding, or an assignment of Seller's rights to the casualty proceeds or Seller's rights against the condemning authority, and there shall be no reduction in the purchase price. In the event Buyer fails to timely deliver written notice of termination as described in (i) above, Buyer shall be deemed to have elected to proceed in accordance with (ii) above. 14. EXPENSES OF CLOSING: A. Seller shall pay the following costs incurred in this sale: (i) Seller's attorney's fees and costs. B. Buyer shall pay the following costs incurred in this sale: (i) Buyer's attorney's fees and costs; (ii) the costs of recording the deed of conveyance; (iii) the cost of a certified survey (if Buyer so requires) certified to the benefit of the Buyer and the Title Insurer; 10 (iv) any documentary stamp or transfer taxes, including surtax, imposed in connection with the sale of the Property; (v) all Title Insurance Premiums; and (vi) the cost of recording any releases or corrective title instruments. 15. SPECIAL ASSESSMENTS; PRORATIONS AND CREDITS: A. Special Assessment Liens. Certified, confirmed, and ratified special assessment liens as of the Closing Date (and not as of the Effective Date) are to be paid by Seller. Pending liens as of the Closing Date will be assumed by Buyer; provided, however, that when the improvement resulting in the assessment has been substantially completed as of the Effective Date, the pending lien will be considered as certified, confirmed, or ratified and Seller will at Closing be charged an amount equal to the last estimate by the public body, of the assessment for the improvement. B. Prorations: Current ad valorem real estate taxes, based on the latest tax bill then available; personal property taxes, rents (if any), maintenance fees and other similar customarily proratable items shall be prorated, without discount, as of the Closing Date, with Buyer being responsible for and being credited with those on the day of Closing. All current year's ad valorem real property taxes and all personal property taxes shall be paid by Seller prior to the Closing Date. The provisions of this Paragraph are intended to survive Closing. C. Credits: At Closing, Seller shall provide Buyer with a credit for all tenant deposits and reserve funds, which Seller currently holds in connection with the Property. 16. EVIDENCE OF TITLE: Buyer shall pay all costs for a title update and title policy. Buyer shall obtain, through its closing agent, at Buyer's sole cost and expense, a commitment for an owner's title insurance policy (hereinafter referred to as the "Commitment") written on a nationally recognized title insurance company which is authorized and registered to issue title insurance in the State of Florida (the "Title Company") evidencing that Seller is vested with fee simple, good and marketable title to the Property, free and clear of all liens, encumbrances, exceptions, or • qualifications whatsoever save and except for (a) those exceptions specified as "Permitted Exceptions" and (b) those exceptions to title which are to be discharged by Seller at or before the closing thereof. Buyer shall promptly deliver a copy of the Commitment to Seller. Legible copies of all exceptions set forth on the Commitment shall be attached to it. The Commitment shall also evidence that upon the execution, delivery and recordation of the Deed to be delivered 11 pursuant to the provisions of this Agreement and the satisfaction of all requirements specified in the Commitment, Buyer shall acquire fee simple, good and marketable title to the Property, subject only to the Permitted Exceptions. Seller shall comply with all reasonable requirements set forth in Buyer's title commitment applicable to Seller (including delivery of a "gap" affidavit in addition to the other documents described in the Commitment) and Buyer shall comply with all requirements set forth in the Commitment applicable to Buyer. If Buyer or its attorneys shall determine the Commitment does not meet the requirements specified above, or that the title to the Property is unmarketable for reasons other than the existence of a Permitted Exception or Exceptions which are to be discharged by Seller at or before the closing hereof, the Buyer shall notify Seller of that fact in writing within 24 hours of the Closing Date. Such written notice shall specify those liens, encumbrances, exceptions or qualifications to title which are not (i) Permitted Exceptions; (ii) contemplated by this Contract to be discharged by Seller at or before closing; or (iii) reasonably acceptable to Buyer despite not being either Permitted Exceptions or dischargeable at closing; any such liens, encumbrances, exceptions, or qualifications being hereinafter referred to as "Title Defects." Seller, without any obligation on its part to bring lawsuits or expend more than $100.00 shall have thirty (30) days following their receipt of written notice of the existence of Title Defects in which to cure or eliminate the Title Defects to the satisfaction of the Title Company in such manner as to permit the Title Company to either endorse the Commitment so as to delete the Title Defects therefrom or issue a new Commitment which specifically provides affirmative insurance over or against those Title Defects specified by Buyer, and which otherwise meets the requirements of this Paragraph. If Seller shall in fact cure or eliminate the Title Defects, the Closing shall take place on the Closing Date specified in this Agreement, or if such date has passed, within thirty (30) days after the end of said thirty (30) day period. If Seller is unable to cure or eliminate the Title Defects within the time allowed, or is unwilling to cure any Title Defect because it would require the expenditure of money in excess of $100.00 (in which event Seller shall immediately provide the Buyer with written notice of that fact and the curative period shall terminate as of the date of said notice), Buyer may elect to terminate this Agreement within thirty (30) days following the expiration of the thirty (30) day curative period (or earlier termination of said curative period) by giving written notice of termination to Seller or, alternatively, Buyer must close its purchase of the Property and accept the conveyance of the Property subject to the Title Defects, in which event the Closing shall take place on the Closing Date specified in this Agreement without reduction in the Purchase Price, or in the event such date has passed within thirty (30) days after the end of said thirty (30) day period. If, by giving written notice to Seller within the time allowed, Buyer elects to terminate this Agreement because of the existence of uncured Title Defects, this Agreement and all rights and obligations of the parties hereunder shall terminate and be null and void except those which expressly survive termination of this Agreement. 12 17. Intentionally omitted 18. ASSIGNMENT: Subject to the following sentence, this Agreement and all rights and obligations hereunder shall not be assignable by Buyer without the prior written consent of Seller. Notwithstanding the foregoing to the contrary, upon written notice to Seller, this Agreement may be assigned by Buyer without consent of Seller to the Miami Beach Redevelopment Agency. 19. DEFAULT: Should Buyer fail to purchase on the date on which title is to close in accordance with this Agreement, or fail to perform any of Buyer's other obligations under this Agreement and such default is not cured within ten (10) days after written notice to Buyer, Seller's sole remedy will be to cancel this Agreement by written notice to Buyer. In such event, this Agreement shall terminate. Should Seller default under this Agreement or fail to perform any of Seller's other obligations under this Agreement and such default is not cured within ten (10) days after written notice to Seller, Buyer shall have the right to bring an action for specific performance against Seller without waiving Buyer's right to damages incurred as a result of Seller's breach. 20. MISCELLANEOUS PROVISIONS:- A. All written notices and demands provided under this Agreement shall be hand delivered or sent via certified or registered mail, return receipt requested, or by Federal Express or other air carrier service. All notices and demands shall be deemed properly addressed if addressed as follows and if mailed, shall be deemed given upon being deposited in the United States mail, postage prepaid: For Seller: Belkis Beatriz Cuenca-Barberio Executive Director Miami Beach Community Development Corporation, Inc. 945 Pennsylvania Avenue Miami Beach, Florida 33139 For the Buyer: Jimmy L. Morales City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, Florida 33139 With a copy to: Raul Aguila City Attorney City of Miami Beach 1700 Convention Center Drive, 4th Floor Miami Beach, Florida 33139 13 B. This Agreement supersedes and any all prior understandings and agreements between Seller, its agents and representatives, and Buyer. It is mutually understood and agreed that this Agreement represents the entire understanding between Buyer and Seller. No representations or inducements made prior to the signing of this Agreement, which are not expressly included in this Agreement or imposed by law, shall be of any force or effect. C. The acceptance of the deeds by Buyer at the Closing of this transaction shall be acknowledgment by Buyer of the full performance by Seller of all of its agreements and responsibilities hereunder, and no performance of any agreement, obligation, responsibility, or representation of Seller shall survive the closing of this transaction, except those specifically provided for by statute and those specifically stated in this Agreement to survive the closing. D. Time shall be of the essence with regard to performance pursuant to this Agreement. E. Any disputes arising in connection with this Agreement shall be settled according to Florida law and venue for any action in connection with this Agreement shall be in Miami-Dade County, Florida. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Florida, both substantive and remedial, without regard to principles of conflict of laws. The exclusive venue for any litigation arising out of this Agreement shall be Miami-Dade County, Florida, if in state court, and the U.S. District Court, Southern District of Florida, if in federal court. BY ENTERING INTO THIS AGREEMENT, BUYER AND SELLER EXPRESSLY WAIVE ANY RIGHTS EITHER PARTY MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF, THIS AGREEMENT AND/OR THE GROUND LEASE. F. No modification of this Agreement shall be valid unless in writing and signed by both parties. G. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, and said counterparts shall constitute but one and the same instrument which may be sufficiently evidenced by one such counterpart. H. Should any part, clause, provision, or condition of this Agreement be held to be void, invalid, or inoperative, the parties agree that such invalidity shall not affect any other part, clause, provision, or condition thereof, and that the remainder of this Agreement shall be effective as though such void part, clause, provision, or condition had not been contained herein. _ 14 • In the event of any litigation arising from this Agreement the prevailing party shall be entitled to recover attorney's fees and costs incurred therewith. J. If the time period by which any right, option, or election provided under this Agreement must be exercised, or by which any act required hereunder must be performed, or by which the Closing must be held, expires on a day other than a business day, then such time period shall be automatically extended through the close of business on the next regularly scheduled business day. No failure'of either party to exercise any power given hereunder or to insist upon strict compliance with any obligation specified herein, and no custom or practice at variance with the terms hereof, shall constitute a waiver of either party's right to demand exact compliance with the terms hereof. Any amendment to this Agreement shall not be binding upon Seller or Buyer unless such amendment is in writing and executed by both Seller and Buyer. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, legal representatives, successors, and permitted assigns. The headings inserted at the beginning of each section or paragraph are for convenience only, and do not add to or subtract from the meaning of the contents of each section or paragraph. Except as otherwise provided herein, all rights, powers, and privileges conferred hereunder upon the parties shall be cumulative but not restrictive to those given by law. All personal pronouns used in this Agreement, whether used in the masculine, feminine, or neuter gender shall include all genders, and all. references herein to the singular shall include the plural and vice versa. K. This Agreement shall not be construed more strictly against one party than against the other merely by virtue of the fact that this Agreement may have been prepared by counsel for one of the parties, it being mutually acknowledged and agreed that Seller and Buyer and their respective counsel have contributed substantially and materially to the preparation and negotiation of this Agreement. Accordingly, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement or any exhibits or amendments hereto. 21. FUNDING AGREEMENTS: A. Buyer and Seller acknowledge that Seller and/or MBCDC has previously received and/or been awarded public funding pursuant to grant and/or funding agreements (the "Funding Agreements", attached and incorporated as Exhibit "C") entered into for the purpose of purchasing and/or developing the Property as an affordable multi-family residential housing project (the "Project"). 15 • B. At Closing: (i) The City and Seller (the "Parties") shall execute and deliver a release agreement pursuant to which the Parties for themselves, and for their respective officers, directors, employees, and agents shall release each other from and against any and all claims, demands (including demands for repayment of grant funds), damages, debts, liabilities, obligations, contracts, agreements, causes of action, suits, and costs, of whatever nature, character or description, including, without limitation, reasonable attorneys' fees, whether known or unknown, which the Parties may have or claim to have against each other in connection with, arising from, or in any manner relating to the Mortgage and Security Agreement between MBCDC: Lottie Apartments, LLC, and the City, dated August 10, 2010, recorded in O.R. Book 27389, Page 1007, of the Public Records of Miami-Dade County, Florida, in the original principal amount of $1,864,000.00. 22. RADON GAS: Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county health unit. 23. FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT: The Foreign Investment in Real Property Tax Act (FIRPTA), IRC 1443, requires that every purchase of U.S. real property must, unless an exemption applies, deduct and withhold from Seller's proceeds ten percent (10%) of the gross sales price. The primary exceptions which might be applicable are: (a) Seller provided Buyer with an affidavit under penalty of perjury, that Seller is not a "foreign person," as defined in FIRPTA, or (b) Seller provides Buyer with a "qualifying statement," as defined in FIRPTA, issued by the Internal Revenue Service. Seller and Buyer agree to execute and deliver as appropriate, any instrument, affidavit and statement, and to perform any acts reasonably necessary to carry out the provisions of FIRPTA and regulations promulgated thereunder. 24. BROKERS: Seller represents and warrants to Buyer, and Buyer represents and warrants to Seller, that they have not dealt with any other real estate broker, sales person, finder or other person entitled to a commission or fee in connection with this Agreement or the sale and purchase of the Property contemplated hereby. Seller shall and do hereby indemnify and hold Buyer harmless from and against any and all liability, loss, cost, damage, and expense, including reasonable attorneys'4ees actually incurred and costs of litigation, that Buyer shall ever suffer or incur because of any claim by any agent, salesman, or broker, whether or not meritorious, for any fee, commission or other compensation with regard to this Agreement or the sale and purchase of the Property contemplated hereby, 16 and arising out of any acts or agreements of Seller. Likewise, Buyer shall and does hereby indemnify and hold Seller free and harmless from and against any and all liability, loss, cost, damage, and expense, including reasonable attorneys' fees actually incurred and costs of litigation, Seller shall ever suffer or incur because of any claim by any agent, salesman, or broker, whether or not meritorious, for any fee, commission or other compensation with respect to this Agreement or the sale and purchase of the Property contemplated hereby and arising out of the acts or agreements of Buyer. 25. COVENANT OF COOPERATION: Each party agrees to reasonably cooperate with the other in connection with any and all documents required pursuant to this Agreement and any other documents or assistance which may be required from the other. Should it become necessary for either party to enforce this Covenant of Cooperation, the other party shall be responsible for any and all reasonable costs and reasonable attorney's fees incurred by the enforcing party, in connection therewith. This Covenant of Cooperation shall survive Closing. THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK. 17 IN WITNESS WHEREOF, the parties have executed this Agreement on the dates set forth below. SELLER: MBCDC: Lottie Apartments, LLC, a Florida limited liability company By Miami Beach Community Development Corporation, Inc., its manager and sole member: Attest: Cop - ere s :elkis Beatriz Cuenca-Barberio Chairman of the Board Executive Director �. / 1,t 2te\k4 D -to Dat BUYER: The City of Miami Beach Attest: By: Ji " y L. orales 3? "' L / ° -fael E. Granado Ci Mana•er ;€ : tit Clerk I.INCORP °RATED' 11 3 � 3 Date ��, \ 444,CH F:IATTO\TORG\CIosings120141CMB pf MBCDC\Lottie\Final 11-13-14 The Lottie Purchase and Sale Agreement GNT APPROVED AS TO FORM & LANGUAGE &FOR E ECUTION I , JILL& 18 City Attorne' ' Date Exhibit A Legal Description Lot 8, Clock 4, the TOWNSITE OF HARDING, according to the Plat thereof, as recorded in Plat Book 34, at Page 4, of the Public Records of Miami-Dade County, Florida, a/k/a 530 75th Street, Miami Beach, Florida 33141 19 Exhibit B Leases 'Tenant lEx Oration of Lease 'Lease Date !Tenant Deposit 1 Angel Vargas and Eduardo Jimenez 11/30/2013 11/29/2013 $707.00 2 Pedro Borquin and Yasmely Rodriguez 1/31/2014 2/1/2013 $707.00 3 Mayra Morales and Melanie Morales 1/31/2015 1/31/2014 $707.00 Guillermo Perez Gonzalez and Yanet N. 11/27/2013 $692.00 4 Mendez Marrero 11/30/2014 5 Maria Aranda 2/28/2015 2/28/2014 $707.00 6 Vilmarie Figueroa&Sergio Caniza 1/31/2015 1/30/2014 $1,051.00 7 Susan Senra and Adilu Viera 11/30/2014 11/29/2013 $707.00 8 Rosselie Echavarria 2/28/2015 2/28/2014 $707.00 9 Marcia V.Guerrero 3/31/2015 3/28/2014 $707.00 $6,692.00 Seller is not holding any sums in a reserve account. 20 • 2 Bdrm/2Bath 50 % AMI MBCDC: LOTTIE APARTMENTS LEASE AGREEMENT This lease agreement ("lease") is made this 29th, November, 2013 between Lessor: MBCDC: LOTTIE APARTMENTS. Whose address for the purpose of this lease is C/O MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, 945 PENNSYLVANIA AVENUE, MIAMI BEACH, FL 33139, (hereinafter "Management") and the Lessee [s]("Resident "/ "Tenant"): ANGEL VARGAS & EDUARDO JIMENEZ . In consideration of(a) Resident's representations in Resident's rental application, and (b) Resident's payment of the rent and performance of the other provisions of this lease, Management leases to Resident apartment UNIT 101 ("premises") in the apartment community known as "THE JEFFERON APARTMENTS, LLC located at 542 Jefferson Avenue, Miami Beach, Florida 33139 the following individuals may occupy the premises: OCCUPANCY: Only th g Y pY p NAME RELATIONSHIP ANGEL VARGAS Head of Household EDUARDO JIMENEZ ROOM-MATE Lease expires: November 30th, 2013 1. TERM: This lease shall be 12 months beginning the 1St December, 2012 .If resident takes possession of the premises prior to the commencement date of this lease, Resident shall pay rent at the rate and in the manner required by this lease and such possession in all other respects shall be subject to the applicable provisions of this lease. 2. RENT: During the term of this lease, Resident shall pay as rent $ 8,304.00/year payable in monthly installments of$692.00 in advance on or before the first day of each month commencing with the commencement date of this lease. If Resident does not pay the monthly installment of rent in a sufficiently timely manner so as to permit its receipt by Management on or before the due date, Resident shall deliver and pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. The rent includes the following utilities:, WATER, SEWER AND GARBAGE. Resident will pay all other utility charges including Initial: ge'/ ✓ V electric, telephone, and cable television. Light bulbs and air-filters are to be replaced at the expense of each resident. Resident shall not waste or misuse any utilities furnished by Management. 3. LATE CHARGE AND RETURN CHECK CHARGE: Resident shall pay a late charge of $10.00 if the monthly installment of rent is not received by Management by the FIFTH (5TH) day of the month in which it is due, PLUS $5.00 PER DAY THEREAFTER until the amount due is paid in full. Resident shall in addition to the late charge also pay Management a $30.00 processing charge for any Resident's check which is returned because of insufficient funds (NSF), a closed account or any other similar cause. ALL payments made to replace insufficient (NSF) checks MUST be made by Money Order, Certified Check or Cashier's Check and Management shall reserve the right to require Resident to pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. Rent shall not be considered paid until actually received by management. 4. ACCELERATION: If Resident should default under this lease, Management shall have the right to accelerate the payment of the rent reserved for the balance of the term of this lease and declare said amount due and payable to Management forthwith. If Management should elect to accelerate as above provided, Resident may not be liable for the total accelerated amount claimed by Management becauseof Management's obligation to minimize damages, and either Management or Resident may have a court determine the actual amount, if any, owed by Resident as a result of Management's acceleration. 5. ADDITIONAL CHARGES: If the Resident should default under this lease requiring Management to take legal action and Management prevails in said legal action, Resident shall pay all of Management's attorney's fees and other charges, costs, expenses and damages no later than the next monthly rental installment due date. 6. SECURITY DEPOSIT: Resident hereby deposits with Management the sum of $707.00 (PAID) as a security deposit under this Lease Agreement, the receipt of which is hereby acknowledged, which sum shall be held by Management in a separate non-interest bearing account and upon the following terms and conditions: N/A PAYMENT ARRANGEMENT A. As security for the performance by residents of all the terms, conditions and covenants of this Lease Agreement; and B. If resident breaks the lease, or moves out before the end of lease term, or in the event of default of any kind or nature by Resident, then in such an event Management shall be deemed authorized to retain security deposit as liquidated, stipulated and agreed upon damages, or Management may offset security deposit against actual loss or damage sustained by Management; provided, however, that in no event shall Management be deprived of any other remedy, whether at law or equity or reserved by the terms of this Lease Agreement, regardless of retention by Management of the security deposit;RESIDENT MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT and C. Within 15 days from the expiration of the term of this Lease Agreement, and in the event that there has been no default of any kind whatsoever on the part of Resident, said security deposit shall be returned to Resident or the Management shall give written notice of Management's intention to impose a claim against said security deposit on account of loss or damage to real property or to the Initial: • items constituting fixtures in demised premises, reasonable wear and tear expected. • D. The fact that Management holds a security deposit shall not affect Management's right to obtain possession of the premises for non-payment of rent. E. Lessee MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT. If during the term of this lease the lessor elects to apply all or part of the security deposit to cure a violation committed by the lessee, then within 3 days after notice from the lessor, the lessee agrees to pay sufficient monies to restore the security deposit to the original sum deposited. 7. PURPOSE: Resident are to occupy the premises only as a private residential dwelling. 8. POSSESSION: Resident shall not be entitled to possession of the premises until (a) Resident and Management have signed this lease,and (b) the prior Resident has vacated the premises and (c) Resident has paid the rent for the first month of the lease term and the security deposit. If the Resident is unable to take possession at the commencement date of the lease because the premises are not ready for occupancy or because a prior Resident is holding over or because of any cause beyond Management's control, the lease term will begin on the first day of the following month provided that possession can be delivered to the Resident by that time. If possession cannot be delivered by that time, either party to this lease shall have the right to terminate this lease. 9. ASSIGNMENT AND SUBLEASE: Resident shall not assign this lease nor sublet the premises without first obtaining Management's written consent. Any sublease shall be on Management's sublease form and shall be signed by all persons therein designated. 10. USE OF PREMISES: Resident shall use and occupy the premises in a clean and wholesome manner and in compliance with all applicable governmental requirements, including all public health, police and fire regulations relating to such use and occupancy to the full extent required by law. Resident shall not use or operate any equipment or machinery that is harmful to the premises or to the apartment, community or that is disturbing to other residents of the apartment community. Resident shall not employ any person or persons in or about the premises whose employment may by law constitute or create a liability on the part of Management. Resident shall not hire as Resident's employee any of Management's employees to perform any services at the apartment community. 11. CONDITION OF PREMISES AND REPAIRS BY RESIDENT: Resident acknowledges that Management has made no representations regarding the condition or state of repairs of the premises except as expressly set forth in this lease. RESIDENT AGREES TO BE RESPONSIBLE FOR, AND TO REPAIR AT RESIDENT'S EXPENSE, ANY DAMAGE THAT OCCURS DURING THE TERM OF THIS LEASE. Resident agrees to pay any damage done to the premises caused by resident's misuse, recklessness or neglect, willful or otherwise. Resident shall not cause, allow or permit any waste, misuse or neglect of the premises and shall pay in advance for the repair of any damages so caused by resident or resident's guest. During the term of this lease, the Resident shall keep the premises in good repair to the full extent required by law, and at the expiration of the term of this lease the Resident shall return the premises to Management in as good condition as when taken, except for reasonable use and wear. If the Resident should fail to snake required repairs and replacements, then Management shall have the right to enter the premises without causing or constituting a termination of this lease, and at the Initial: Resident's cost, make the required repairs or replacement. Resident shall pay the lawful expenses so incurred on the next ensuing monthly rental installment due date. Management shall also have the right to enter the premises without causing or constituting a termination of this lease, in order to install a separate meter to measure the consumption of heating fuel or other utilities at the premises in the event that Management should decide to do so, Management's entry into the premises shall be at reasonable times and in the manner prescribed by law. 12. ACCESS TO PREMISES: Management shall have reasonable access to the premises to the extent permitted by law. You agree to allow management to enter your apartment for inspection, extermination,or to make necessary repairs or improvements. 13. ALTERATIONS: Resident shall make no alterations, decorations, additions or improvements in or to the premises or to Management's equipment or. fixtures in the premises. Resident shall not install any fixture or equipment without Management's prior written consent, and then only by contractors or mechanics first approved in writing by the Management. Any such installation by Resident without Management's prior written consent may be removed by Management, and Resident shall pay Management's cost thereon on the next monthly rental installment due date. In the event that Management's written consent is received, Resident shall cause such work to be done at such times and in such a manner as Management shall designate in writing and Resident shall pay for same in a prompt manner. Any mechanic's lien filed against the premises or the apartment community for work claimed to have been done for or materials claimed to have been furnished to Resident shall be discharged by the Resident within ten days thereafter. Management shall have the right, but not the obligation to pay or discharge any such mechanic's lien. If Management should elect to exercise this right, the Resident shall forthwith pay to management the amount so expended. 14. RULES AND REGULATIONS: Resident shall comply with all of the rules and regulations governing the premises and the apartment community and shall comply with all of Management's changes and additions to the rules and regulations. Failure to do so will result in the termination of a resident's lease. 15. DAMAGE BY FIRE OR OTHER CASUALTY: If the premises are partially damaged by fire or other casualty but can be restored to tenantable condition, Management shall repair the premises with reasonable dispatch. The Resident's obligation to pay rent shall be suspended during the time that the premises remain untenantable. If the premises are destroyed by fire or other casualty or if the premises cannot be restored to tenantable condition within a reasonable time, either party shall have the right to terminate this lease by written notice to the other party. Management is not liable for any damage to resident's furniture, clothes or other personal items due to casualty including but not limited to: water, wind, burst pipe, or leak in the roof, windows or side of the building. 16. WAIVER OF SUBROG ATION: Each party releases the other party from any liability for loss, damage or injury caused by the fire or other casualty for which insurance (permitting waiver of liability and waiver of insurer's rights of subrogation) is carried by the insured party to the extent of any recovery by the insured party under such insurance policy. Management at its sole expense shall obtain fire and extended coverage insurance covering the buildings in the apartment community. Resident, at Resident's sole expense,. shall obtain fire and extended coverage insurance covering Resident's personal property in the premises and at the apartment community, i.e. "Renter's Insurance. " Initial: �/� • 17. EMINENT DOMAIN: If any part of the premises is condemned by any governmental • authority, then this lease shall terminate as of the date that possession is taken by the governmental authority. Under this provision, Resident agrees to waive all rights to claim compensation from Management. 18. DEFAULT: If the Resident should default under this lease by failure to pay the rent when due, violate or fail to perform any of the terms, conditions, or obligations of this agreement, vacate or abandon the apartment before the end of the lease term, or if Resident's statements in the rental application are found to be incorrect or untrue; Management shall have the right to terminate this lease and to repossess the premises; and cause the Resident to vacate the premises in the manner provided by law. If this should occur, Resident shall pay Management the expense incurred in obtaining possession of the premises and all other damages sustained by Management to the extent permitted by law. 19. SEVERABILITY: If any provision of this lease should be or become invalid, such invalidity shall not in any way affect any of the other provisions of this lease which shall continue to remain in full force and effect. 20. WAIVER: If Management should waive any provisions of this lease, it shall not be construed as a waiver of a further breach of such provision. 21. MODIFICATIONS: No modification of this lease shall be binding unless in writing signed by the Resident and by an authorized agent of Management and countersigned by an officer of the management company. 22. RIGHT TO MORTGAGE: Management shall have the right to subordinate this lease to any mortgage now or hereafter placed on the premises or on the apartment community. At Management's request, Resident shall execute and deliver such documents as may be required in order to accomplish the purposes of this paragraph. 23. MORTGAGE: Financing inancmg for the Housing Finance Agency p rovided this apartment community, and Low Income Housing Tax Credits. The Tax Credit Program and other financing sources require an income certification by the resident certifying that all information set forth therein is true complete and correct. If any information contained within the certification should prove to be untrue, incomplete, or incorrect, Management has the right to terminate this lease. These income certifications shall be renewed annually. 24. LIABILITY: In the event that this lease should be signed as Resident by more than one person, then the liability of the persons signing shall be joint and several. 25. QUIET ENJOYMENT: Upon Resident paying the rent and performing all of the other provisions of this lease, Management agrees that Resident shall peacefully and quietly have, hold and enjoy the premises during the term of this lease. 26. PETS: RESIDENT OR RESIDENT'S GUESTS SHALL KEEP NO PETS IN, AT OR ABOUT THE PREMISES. ��Initial: �/� f 27. STORAGE OF PROPERTY: If Management should provide storage space, Resident's property shall only be stored in the space designated by Management. This storage space shall be subject to all applicable provisions of this lease. 28. NOTICE OF INTENTION TO VACATE OR RENEW: At least thirty.(30) days before the end of this lease, (i) if Management refuses to renew the lease, Management shall provide tenant with written notice specifying the grounds for said refusal, or (ii) if the tenancy will be renewed, Management shall notify Resident in writing of any increase/decrease in rent for the following year and Resident shall notify management in writing that Resident offers to sign a new lease at the rent set by Management in the manner permitted by law and subject to all provisions of this lease which may be applicable, or that the premises will be vacated at the end of this lease. The Resident's written notice shall indicate the names and family relationship of each of the occupants. Notwithstanding anything herein to the contrary, Management shall not be obligated to enter a new lease. Resident shall deliver the keys of the premises to Management at the time Resident vacates premises. Any of Resident's property left in, at or about the premises at the time the Resident vacates the premises shall be deemed to be abandoned by the Resident and Resident hereby authorized Management to dispose of same as abandoned property. Until the keys are delivered to Management as evidenced by Management's receipt therefore, the Resident shall remain liable under this lease to the extent permitted by law. Keys shall be delivered to Management upon vacating the premises and in any event no later than 12:00 noon on the next business day following the expiration of the term of this lease and/or the Resident's vacating of the premises. (DOES NOT APPLY TO SECTION 8 TENANTS) 29. NOTICE OF INJURIES: In the event of any injuries to Tenant tenants family, guests, or invitee's or in the event of any damage to any of their property that is allegedly caused by the negligence of Management or its agents or employees, Tenant shall give Management a written notice of the occurrence of the injury or damage within five (5) days of the happening thereof. The written notice shall be delivered to Management at Management's office set forth in the introductory clause- preceding Paragraph 1 above, or at such other address, which Management should hereafter furnish in writing to the Tenant. Management shall not be liable for any injury, damage or loss resulting from any accident or occurrence, acts of other tenants, wrongful or criminal acts of any third party in or upon the building or your apartment sustained by you or any person claiming through you. 30. REMEDIES NOT EXCLUSIVE: Each and every of the rights, remedies and benefits provided by this lease shall be cumulative and shall not be exclusive of any other of said rights, remedies and benefits or of any other rights,remedies and benefits allowed by law. 31. LEASE BINDING: The provisions of this lease shall be binding upon and shall be for the benefit of Management and Tenant and their respective successors in interest. 32. ADDITIONAL DOCUMENTS: The Lessee hereby agrees to execute and deliver, if and to the extent necessary, any additional certifications, agreements and other documents as may be required from time to time by the Florida Housing Finance Agency with respect to the occupancy, prospective occupancy or continued occupancy of the Premises by the Lessee and all other occupants of the Premises. 33. RADON GAS DISCLOSURE STATEMENT: This disclosure is required by Florida Statutes 404.056(8): Radon is a naturally occurring radioactive gas that, when it is accumulated in a Initial: ��� building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. 34. AUDIT: Errors found through audit by Management in the term of lease or the amount of rent is grounds for correction to this lease agreement. 35. RETURN OF SECURITY DEPOSIT: Tenant promises to deliver the premises in good condition upon termination of tenancy. Management will deduct from your security deposit, the cost, if any, of doing the following work: Fixing any damage, defects, or deterioration to your apartment or building caused by you or an occupant or guest of your apartment: Cleaning-the apartment, including the stove, oven, refrigerator, closets cabinets, tiles, etc. Removal and disposal of any garbage, trash or furniture left by you in the apartment. Removal of all nails screws fasteners from the walls or ceilings, and patching or plastering all holes. Cleaning and waxing all tiles floors. Cleaning the carpet and leaving it spotless and odorless. Re-keying or changing the lock due to failure to return keys. Curing any other violations by you of the terms of this lease. 36. NO BROKER: You represent that no agent or real estate broker, other than Miami Beach Community Development Corporation, has introduced you or shown you the apartment and that no other agent or broker is entitled to any commission in connection with this lease. You agree to indemnify the lessor with respect to any such claim. 37. TENANTS NON-MONETARY OBLIGATIONS: Tenant agrees not to make loud noise, play an instrument, radio or television so that it disturbs your neighbors or in any way breach the peace. If anyone in the building complains about noise from your apartment, you agree to immediately curtail the noise. You must respect other resident's privacy and right to quiet enjoyment. Keep air-filters, refrigerator, and plumbing facilities clean and sanitary. Remove and dispose of trash by bagging and disposing of trash only in the properly designated area of the building. Not use, keep, or store any toxic or flammable material considered hazardous by any insurance company. No bicycle is to be kept in the lobby, halls, or stairwells. You are fully responsible for the conduct and actions of all your guests and invitees. A $25 fine per incident will be assessed to any resident found to be in violation of the above conditions. 38.TERMINATION: In the event that Tenant violates paragraphs 14, 18, 23 or. any other provisions of this Lease and Management elects to terminate this Lease, Management shall serve written notice to Tenant specifying the grounds for termination at least thirty (30) days before said termination. VIOLATION OF ANY PROVISION OF THIS LEASE MAY SUBJECT THIS LEASE TO TERMINATION AND DEPOSIT FORFEITURE. MANAGEMENT MIAMI BEACH COMMUNITY DEVELOPMENT CORP. TENANT(S) Initial: /52-4-----"E • ATTACHMENTS TO THIS LEASE AGREEMENT The tenant certifies that he/she has received a copy of this Agreement and the following Attachment to this Agreement and understands that this Attachment is part of this Lease Agreement. A. Attachment#1 - Tenancy Addendum Section 8 Tenant- Based Assistance Housing Choice Voucher Program Initials: Initial: e ` ' I B RTO DATOR' , 'RESI DENT ANGEL VARGAS And/or Magda S.ntiso, Director Prope' y Manager and/or Property Management Agent EDUARDO JIM t4 "Z KEYS RECEIVED: X Unit X Mail X Entry n/a Trash Room LOCKS: You agree not to change your lock or install any additional locks on any doors without the prior written approval by Management. In case of such approval, you must furnish Management with duplicate keys before installation of the lock(s). Addendum: Tenant shall notify Management/owner of intent to vacate the unit in the form of a 30- day written notice. Management/Owner shall notify tenant of intent of non-renewal in the form of a 30-day written notice.. (DOES NOT APPLY TO SECTION 8 TENANTS) Tenants responsibilities are to pay the following:Electric & telephone. Owner provides the following: Central a/c, water,garbage, sewer, range, refrigerator, ceiling fans& water-heater. THE LOTTIE APARTMENTS. C/O MBCDC DOES NOT DISCRIMINATE ON THE BASIS OF HANDICAPPED STATUS IN THE ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN, ITS FEDERALLY ASSISTED PROGRAMS AND ACTIVITIES. Initial: 2 Bdrm/2Bath 60 % AMI MBCDC LOTTIE APARTMENTS LEASE AGREEMENT This lease agreement ("lease") is made this 1st, February 2013 between Lessor: MBCDC: LOTTIE APARTMENTS. Whose address for the purpose of this lease is C/O MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, 945 PENNSYLVANIA AVENUE, MIAMI BEACH, FL 33139, (hereinafter "Management") and the Lessee [s]("Resident "/ "Tenant"): Pedro Borquin & Yasmely Rodriguez . In consideration of(a) Resident's representations in Resident's rental application, and (b) Resident's payment of the rent and performance of the other provisions of this lease, Management leases to Resident apartment UNIT 102 ("premises") in the apartment community known as "LOTTIE APARTMENTS, LLC located at 530 — 75th Streete, Miami Beach, Florida 33141 OCCUPANCY: Only the following individuals may occupy the premises: NAME RELATIONSHIP Pedro Borquin Head of Household Yasmely Rodriguez Spouse Jonathan C Rodriguez Son Lease expires: January 31st, 2014 1. TERM: This lease shall be 12 months beginning the 1st February, 2013 .If resident takes possession of the premises prior to the commencement date of this lease, Resident shall pay rent at the rate and in the manner required by this lease and such possession in all other respects shall be subject to the applicable provisions of this lease. 2. RENT: During the term of this lease, Resident shall pay as rent$ 11,076.00/year payable in monthly installments of$923.00 in advance on or before the first day of each month commencing with the commencement date of this lease. If Resident does not pay the monthly installment of rent in a sufficiently timely manner so as to permit its receipt by Management on or before the due date, Resident shall deliver and pay the monthly installment of rent by Money Order, Certified Check or Initial: L. ff• • I.. . Cashier's Check. The rent • includes the following utilities:, WATER, SEWER AND GARBAGE. .Resident will pay all other : utility charges including electric, telephone, and cable television. Light bulbs and air-filters are to be replaced at the expense of each resident., Resident shall not waste or misuse any utilities furnished by Management. 3. LATE CHARGE AND RETURN CHECK CHARGE: Resident shall pay a late charge of $10.00 if the monthly installment of rent is not received by Management by the FIFTH (5TH) day of the month in which it is due, PLUS $5.00 PER DAY THEREAFTER until the amount due is paid in full. Resident shall in addition to the late charge also pay Management a $30.00 processing charge for any Resident's check which is returned because of insufficient funds (NSF), a closed account or any other similar cause. ALL payments made to replace insufficient (NSF) checks MUST be made by Money Order, Certified Check or Cashier's Check and Management shall reserve the right to require Resident to pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. Rent shall not be considered paid until actually received by management. 4. ACCELERATION: If Resident should default under this lease, Management shall have the right to accelerate the payment of the rent reserved for the balance of the term of this lease and declare said amount due and payable to Management forthwith. If Management should elect to accelerate as above provided, Resident may not be liable for the total accelerated amount claimed by Management becauseof Management's obligation to minimize damages, and either Management or Resident may have a court determine the actual amount, if any, owed by Resident as a result of Management's acceleration. 5. ADDITIONAL CHARGES: If the Resident should default under this lease requiring Management to take legal action and Management prevails in said legal action, Resident shall pay all of Management's attorney's fees and other charges, costs, expenses and damages no later than the next monthly rental installment due date. 6. SECURITY DEPOSIT: Resident hereby deposits with Management the sum of $707.00 (PAID) as a security deposit under this Lease Agreement, the receipt of which is hereby acknowledged, which sum shall be held by Management in a separate non-interest bearing account and upon the following terms and conditions: N/A PAYMENT ARRANGEMENT A. As security for the performance by residents of all the terms, conditions and covenants of this Lease Agreement; and B. If resident breaks the lease, or moves out before the end of lease term, or in the event of default of any kind or nature by Resident, then in such an event Management shall be deemed authorized to retain security deposit as liquidated, stipulated and agreed upon damages, or Management may offset security deposit against actual loss or damage sustained by Management; provided, however, that in no event shall Management be deprived of any other remedy, whether at law or equity or reserved by the terms of this Lease Agreement, regardless of retention by Management of the security deposit;RESIDENT MAY NOT USE THE SECURITY DEPOSIT TO PAYMENT and C. Within 15 days from the expiration of the term of this Lease Agreement, and in the event that there has been no default of any kind whatsoever on.the part of Resident, said security deposit shall Initial:pL be returned to Resident or the Management shall give written notice of Management's intention to impose a claim against said security deposit on account of-loss or damage to real property or to the items constituting fixtures in demised premises, reasonable wear and tear expected. D. The fact that Management holds a security deposit shall not affect Management's right to obtain possession of the premises for non-payment of rent. E. Lessee MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT. If during the term of this lease the lessor elects to apply all or part of the security deposit to cure a violation committed by the lessee, then within 3 days after notice from the lessor, the lessee agrees to pay sufficient monies to restore the security deposit to the original sum deposited. 7. PURPOSE: Resident are to occupy the premises only as a private residential dwelling. 8. POSSESSION: Resident shall not be entitled to possession of the premises until (a) Resident and Management have signed this lease, and (b) the prior Resident has vacated the premises and (c) Resident has paid the rent for the first month of the lease term and the security deposit. If the Resident is unable to take possession at the commencement date of the lease because the premises are not ready for occupancy or because a prior Resident is holding over or because of any cause beyond Management's control, the lease term will begin on the first day of the following month provided that possession can be delivered to the Resident by that time. If possession cannot be delivered by that time, either party to this lease shall have the right to terminate this lease. 9. ASSIGNMENT AND SUBLEASE: Resident shall not assign this lease nor sublet the premises without first obtaining Management's written consent. Any sublease shall be on Management's sublease form and shall be signed by all persons therein designated. 10. USE OF PREMISES: Resident shall use and occupy the premises in a clean and wholesome manner and in compliance with all applicable governmental requirements, including all public health, police and fire regulations relating to such use and occupancy to the full extent required by law. Resident shall not use or operate any equipment or machinery that is harmful to the premises or to the apartment, community or that is disturbing to other residents of the apartment community. Resident shall not employ any person or persons in or about the premises whose employment may by law constitute or create a liability on the part of Management. Resident shall not hire as Resident's employee any of Management's employees to perform any services at the apartment community. 11. CONDITION OF PREMISES AND REPAIRS BY RESIDENT: Resident acknowledges that Management has made no representations regarding the condition or state of repairs of the premises except as expressly set forth in this lease. RESIDENT AGREES TO BE RESPONSIBLE FOR, AND TO REPAIR AT RESIDENT'S EXPENSE, ANY DAMAGE THAT OCCURS DURING THE TERM OF THIS LEASE. Resident agrees to pay any damage done to the premises caused by resident's misuse, recklessness or neglect, willful or otherwise. Resident shall not cause, allow or permit any waste, misuse or neglect of the premises and shall pay in advance for the repair of any damages so caused by resident or resident's guest. During the term of this lease, the Resident shall keep the premises in good repair to the full extent required by law, and at the expiration of the term of this lease the Resident shall return the -premises to Management in as good condition as when taken, except for reasonable use and wear. Initial: 1-7 L. V la C If the Resident should fail to make required repairs-and replacements, then Management shall have the right to enter the premises without causing or constituting a termination of this lease, and at the Resident's cost, make the required repairs or replacement. Resident shall pay the lawful expenses so incurred on the next ensuing monthly rental installment due date. Management shall also have the right to enter the premises without causing or constituting a termination of this lease, in order to install a separate meter to measure the consumption of heating fuel or other utilities at the premises in the event that Management should decide to do so, Management's entry into the premises shall be at reasonable times and in the manner prescribed by law. 12. ACCESS TO PREMISES: Management shall have reasonable access to the premises to the extent permitted by law. You agree to allow management to enter your apartment for inspection, extermination, or to make necessary repairs or improvements. . 13. ALTERATIONS: Resident shall make no alterations, decorations, additions or • improvements in or to the premises or to Management's equipment or fixtures in the premises. Resident shall not install any fixture or equipment without Management's prior written consent, and then only by contractors or mechanics first approved in writing by the Management. Any such installation by Resident without Management's prior written consent may be removed by Management, and Resident shall pay Management's cost thereon on the next monthly rental installment due date. In the event that Management's written consent is received, Resident shall cause such work to be done at such times and in such a manner as Management shall designate in writing and Resident shall pay for same in a prompt manner. Any mechanic's lien filed against the premises or the apartment community for work claimed to have been done for or materials claimed to have been furnished to Resident shall be discharged by the Resident within ten days thereafter. Management shall have the right, but not the obligation to pay or discharge any such mechanic's lien. If Management should elect to exercise this right, the Resident shall forthwith pay to management the amount so expended. 14. RULES AND REGULATIONS: Resident shall comply with all of the rules and regulations governing the premises and the apartment community and shall comply with all of Management's changes and additions to the rules and regulations. Failure to do so will result in the termination of a resident's lease. 15. DAMAGE BY FIRE OR OTHER CASUALTY: If the premises are partially damaged by fire or other casualty but can be restored to tenantable condition, Management shall repair the premises with reasonable dispatch. The Resident's obligation to pay rent shall be suspended during the time that the premises remain untenantable. If the premises are destroyed by fire or other casualty or if the premises cannot be restored to tenantable condition within a reasonable time, either party shall have the right to terminate this lease by written notice to the other party. Management is not liable for any damage to resident's furniture, clothes or other personal items due to casualty including but not limited to: water, wind,burst pipe, or leak in the roof, windows or side of the building. 16. WAIVER OF SUBROGATION: Each party releases the other party from any liability for loss, damage or injury caused by the fire or other casualty for which insurance (permitting waiver of liability and waiver of insurer's rights of subrogation) is carried by the insured party to the extent of any recovery by the insured party under such insurance policy. Management at its sole expense shall obtain fire and extended coverage insurance covering the buildings in the apartment community. Resident, at Resident's sole expense, shall obtain fire and extended coverage insurance covering Initial: T/ L, \./ Resident's personal property in the premises and at the apartment community, i.e. "Renter's Insurance. " 17. EMINENT DOMAIN: If any part of the premises is condemned by any governmental . authority, then this lease shall terminate as of the date that possession is taken by the governmental authority. Under this provision, Resident agrees to waive all rights to claim compensation from Management. 18. DEFAULT: If the Resident should default under this lease by failure to pay the rent when due, violate or fail to perform any of the terms, conditions, or obligations of this agreement, vacate or abandon the apartment before the end of the lease term, or if Resident's statements in the rental application are found to be incorrect or untrue; Management shall have the right to terminate this lease and to repossess the premises; and cause the Resident to vacate the premises in the manner provided by law. If this should occur, Resident shall pay Management the expense incurred in obtaining possession of the premises-and all other damages sustained by Management to the extent permitted by law. 19. SEVERABILITY: If any provision of this lease should be or become invalid, such invalidity shall not in any way affect any of the other provisions of this lease which shall continue to remain in full force and effect. 20. WAIVER: If Management should waive any provisions of this lease, it shall not be construed as a waiver of a further breach of such provision. 21. MODIFICATIONS: No modification of this lease shall be binding unless in writing signed by the Resident and by an authorized agent of Management and countersigned by an officer of the management company. 22. RIGHT TO MORTGAGE: Management shall have the right to subordinate this lease to any mortgage now or hereafter placed on the premises or on the apartment community. At Management's request, Resident shall execute and deliver such documents as may be required in order to accomplish the purposes of this paragraph. 23. MORTGAGE: Financin g for the Florida Housing Finance Agency provided this apartment community, and Low Income Housing Tax Credits. The Tax Credit Program and other financing sources require an income certification by the resident certifying that all information set forth therein is true complete and correct. If any information contained within the certification should prove to be untrue, incomplete, or incorrect, Management has the right to terminate this lease. These income certifications shall be renewed annually. 24. LIABILITY: In the event that this lease should be signed as Resident by more than one person, then the liability of the persons signing shall be joint and several. 25. QUIET ENJOYMENT: Upon Resident paying the rent and performing all of the other provisions of this lease, Management agrees that Resident shall peacefully and quietly have, hold and enjoy the premises during the term of this lease. Initial: L E • 26. PETS: RESIDENT OR RESIDENT'S GUESTS SHALL KEEP NO PETS IN, AT OR ABOUT THE PREMISES. _ 27. STORAGE OF PROPERTY: If Management should provide storage space, Resident's property shall only be stored in the space designated by Management. This storage space shall be subject to all applicable provisions of this lease. 28. NOTICE OF INTENTION TO VACATE OR RENEW: At least thirty(30) days before the end of this lease, (i) if Management refuses to renew the lease, Management shall provide tenant with written notice specifying the grounds for said refusal, or (ii) if the tenancy will be renewed, Management shall notify Resident in writing of any increase/decrease in rent for the following year and Resident shall notify management in writing that Resident offers to sign a new lease at the rent set by Management in the manner permitted by law and subject to all provisions of this lease which may be applicable, or that the premises will be vacated at the end of this lease. The Resident's written notice shall indicate the names and family relationship-of each of the occupants. Notwithstanding anything herein to the contrary, Management shall not be obligated to enter a new lease. Resident shall deliver the keys of the premises to Management at the time Resident vacates premises. Any of Resident's property left in, at or about the premises at the time the Resident vacates the premises shall be deemed to be abandoned by the Resident and Resident hereby authorized Management to dispose of same as abandoned property. Until the keys are delivered to Management as evidenced by Management's receipt therefore, the Resident shall remain liable under this lease to the extent permitted by law. Keys shall be delivered to Management upon vacating the premises and in any event no later than 12:00 noon on the next business day following the expiration of the term of this lease and/or the Resident's vacating of the premises. (DOES NOT APPLY TO SECTION 8 TENANTS) 29. NOTICE OF INJURIES: In the event of any injuries to Tenant tenants family, guests, or invitee's or in the event of any damage to any of their property that is allegedly caused by the negligence of Management or its agents or employees, Tenant shall give Management a written notice of the occurrence of the injury or damage within five (5) days of the happening thereof. The written notice shall be delivered to Management at Management's office set forth in the introductory clause- preceding Paragraph 1 above, or at such other address, which Management should hereafter furnish in writing to the Tenant. Management shall not be liable for any injury, damage or loss resulting from any accident or occurrence, acts of other tenants, wrongful or criminal acts of any third party in or upon the building or your apartment sustained by you or any person claiming through you. 30. REMEDIES NOT EXCLUSIVE: Each and every of the rights, remedies and benefits provided by this lease shall be cumulative and shall not be exclusive of any other of said rights, remedies and benefits or of any other rights,remedies and benefits allowed by law. . 31. LEASE BINDING: The provisions of this lease shall be binding upon and shall be for the benefit of Management and Tenant and their respective successors in interest. 32. ADDITIONAL DOCUMENTS: The Lessee hereby agrees to execute and deliver, if and to the extent necessary, any additional certifications, agreements and other documents as may be required from time to time by the Florida Housing Finance Agency with respect to the occupancy, prospective occupancy or continued occupancy of the Premises by the Lessee and all other occupants of the Premises. Initial: pC E 33. RADON GAS DISCLOSURE STATEMENT: This disclosure is required by. Florida radioactive en it i accumulated in a Statutes 404.056(8): Radon is a naturally occurring gas that, when is Y g g building in sufficient quantities, may..present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. 34. AUDIT: Errors found through audit by Management in the term of lease or the amount of rent is grounds for correction to this lease agreement. 35. RETURN OF SECURITY DEPOSIT: Tenant promises to deliver the premises in good condition upon termination of tenancy. Management will deduct from your security deposit, the cost, if any, of doing the following work: Fixing any damage, defects, or deterioration to your apartment or building caused by you or an occupant or guest of your apartment. Cleaning the apartment, including the stove, oven, refrigerator, closets cabinets, tiles, etc. Removal and disposal of any garbage, trash or furniture left by you in the apartment. Removal of all nails screws fasteners from the walls or ceilings, and patching or plastering all holes. Cleaning and waxing all tiles floors. Cleaning the carpet and leaving it spotless and odorless. Re-keying or changing the lock due to failure to return keys. Curing any other violations by you of the terms of this lease. 36. NO BROKER: You represent that no agent or real estate broker, other than Miami Beach Community Development Corporation, has introduced you or shown you the apartment and that no other agent or broker is entitled to any commission in connection with this lease. You agree to indemnify the lessor with respect to any such claim. 37. TENANTS NON-MONETARY OBLIGATIONS: Tenant agrees not to make loud noise,play an instrument, radio or television so that it disturbs your neighbors or in any way breach the peace. If anyone in the building complains about noise from your apartment, you agree to immediately curtail the noise. You must respect other resident's privacy and right to quiet enjoyment. Keep air-filters, refrigerator, and plumbing facilities clean and sanitary. Remove and dispose of trash by bagging and disposing of trash only in the properly designated area of the building. Not use, keep, or store any toxic or flammable material considered hazardous by any insurance company. No bicycle is to be kept in the lobby, halls, or stairwells. You are fully responsible for the conduct and actions of all your guests and invitees. A $25 fine per incident will be assessed to any resident found to be in violation of the above conditions. 38.TERMINATION: In the event that Tenant violates paragraphs 14, 18, 23 or any other provisions of this Lease and Management elects to terminate this Lease, Management shall serve written notice to Tenant specifying the grounds for termination at least thirty (30) days before said termination. VIOLATION OF ANY PROVISION OF THIS LEASE MAY SUBJECT THIS LEASE TO TERMINATION AND DEPOSIT FORFEITURE. Initial: V V. MANAGEMENT MIAMI BEACH COMMUNITY DEVELOPMENT CORP. TENANT(S) p '")/ 44 OB 'TO DATO' ' ,PRESID r T PEDRO BAR UIN And/or Magda S. iso, Director Property Manager and/or .'� /, Property Management Agent YASMELY RIQUEZ // KEYS RECEIVED: X Unit X Mail X Entry n/a Trash Room LOCKS: You agree not to change your lock or install any additional locks on any doors without the prior written approval by Management. In case of such approval, you must furnish Management with duplicate keys before installation of the lock(s). Addendum: Tenant shall notify Management/owner of intent to vacate the unit in the form of a 30- day written notice. Management/Owner shall notify tenant of intent of non-renewal in the form of a 30-day written notice.. (DOES NOT APPLY TO SECTION 8 TENANTS) Tenants responsibilities are to pay the following:Electric & telephone. Owner provides the following: Central a/c, water,garbage, sewer, range, refrigerator, ceiling fans& water-heater. THE LOTTIE APARTMENTS. C/O MB CD C DOES NOT DISCRIMINATE ON THE BASIS OF HANDICAPPED STATUS IN THE ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN,ITS FEDERALLY ASSISTED PROGRAMS AND ACTIVITIES. Initial: p 2 ATTACHMENTS TO THIS LEASE AGREEMENT The tenant certifies that he/she has received a copy of this Agreement and the following • Attachment to this Agreement and understands that this Attachment is part of this Lease Agreement. A. Attachment#1 -Tenancy Addendum Section 8 Tenant-Based Assistance Housing Choice Voucher Program Initials: L Initial: 1 V 2 2 Bdrm/2Bath 50 % AMI MBCDC: LOTTIE APARTMENTS LEASE AGREEMENT - - - This lease agreement ("lease") is made this 31St,January, 2014 between Lessor: MBCDC: LOTTIE APARTMENTS., Whose address for the purpose of this lease is C/O MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, 945 PENNSYLVANIA AVENUE, MIAMI BEACH, FL 33139, (hereinafter "Management") and the Lessee [s]("Resident "/ "Tenant"): MAYRA MORALES & MELANIE MORALES . In consideration of(a) Resident's representations in Resident's rental application, and (b) Resident's payment of the rent and performance of the other provisions of this leases Management leases to Resident apartment UNIT 103 ("premises") in the apartment community known as "MBCDC:LOTTIE APARTMENTS" located at 530-75th Street, p y Miami Beach,Florida 33141 OCCUPANCY: Only the following individuals may occupy the premises: NAME RELATIONSHIP MAYRA MORALES Head of Household, MELANIE MORALES DAUGHTER Lease expires: January 31st, 2015 1. TERM: This lease shall be 12 months beginning the 1st February, 2014 .If resident takes possession of the premises prior to the commencement date of this lease, Resident shall pay rent at the rate and in the manner required by this lease and such possession in all other respects shall be subject to the applicable provisions of this lease. 2. RENT: During the term of this lease, Resident shall pay as rent$ 8,052.00/year payable in monthly installments of$671.00 in advance on or before the first day of each month commencing with the commencement date of this lease. If Resident does not pay the monthly installment of rent in a sufficiently timely manner so as to permit its receipt by Management on or before the due date, Resident shall deliver and pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. The rent includes the following utilities:, WATER, SEWER AND GARBAGE. Resident will pay all other . utility charges including Initial: /L1M I /° &'I • • electric, telephone, and cable television. Light bulbs and air-filters are to be replaced at the expense of each resident. Resident shall not waste or misuse any.utilities furnished by Management. . 3. LATE CHARGE AND RETURN CHECK CHARGE: Resident shall pay a late charge of $10.00 if the monthly installment of rent is not received by Management by the FIFTH (5TH),day of the month in which it is due, PLUS $5.00 PER DAY THEREAFTER until the amount due is paid in full. Resident shall in addition to the late charge also pay Management a $30.00 processing charge for any Resident's check which is returned because of insufficient funds (NSF), a closed account or any other similar cause. ALL payments made to replace insufficient (NSF) checks MUST be made by Money Order, Certified Check or Cashier's Check and Management shall reserve the right to require Resident to pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. Rent shall not be considered paid until actually received by management. 4. ACCELERATION: If Resident should default under this lease, Management shall have the right to accelerate the payment of the rent reserved for the balance of the term of this lease and declare said amount due and payable to Management forthwith. If Management should elect to accelerate as above provided, Resident may not be liable for the total accelerated amount claimed by Management becauseof Management's obligation to minimize damages, and either Management or Resident may have a court determine the actual amount, if any, owed by Resident as a result of Management's acceleration. 5. ADDITIONAL CHARGES: If the Resident should default under this lease requiring Management to take legal action and Management prevails in said legal action, Resident shall pay all of Management's attorney's fees and other charges, costs, expenses and damages no later than the next monthly rental installment due date. 6. SECURITY DEPOSIT: Resident hereby deposits with Management the sum of $707.00 (PAID) as a security deposit under this Lease Agreement, the receipt of which is hereby acknowledged, which sum shall be held by Management in a separate non-interest bearing account and upon the following terms and conditions: N_PAYMENT ARRANGEMENT A. As security for the performance by residents of all the terms, conditions and covenants of this Lease Agreement; and B. If resident breaks the lease, or moves out before the end of lease term, or in the event of default of any kind or nature by Resident, then in such an event Management shall be deemed authorized to retain security deposit as liquidated, stipulated and agreed upon damages,or Management may offset security deposit against actual loss or damage sustained by Management; provided, however, that in no event shall Management be deprived of any other remedy, whether at law or equity or reserved by the terms of this Lease Agreement, regardless of retention by Management of the security deposit; RESIDENT MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT and C. Within 15 days from the expiration of the term of this Lease Agreement, and in the event that there has been no default of any kind whatsoever on the part of Resident, said security deposit shall be returned to Resident or the Management shall give written notice of Management's intention to impose a claim against said security deposit on account of loss or damage to real property or to the Initial: 1 items constituting fixtures in demised premises, reasonable wear and tear expected. D. The fact that Management holds a security deposit shall not affect Management's right to obtain possession of the premises for non-payment of rent. E. Lessee MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT. If during the term of this lease the lessor elects to apply all or part of the security deposit to cure a violation committed by the lessee, then within 3 days after notice from the lessor, the lessee agrees to pay sufficient monies to restore the security deposit to the original sum deposited. 7. PURPOSE: Resident are to occupy the premises only as a private residential dwelling. 8. POSSESSION: Resident shall not be entitled to possession of the premises until (a) Resident and Management have signed this lease, and (b).the prior Resident has vacated the premises and (c) Resident has paid the rent for the first month of the lease term and the security deposit. If the Resident is unable to take possession at the commencement date of the lease because the premises are not ready for occupancy or because a prior Resident is holding over or because of any cause beyond Management's control, the lease term will begin on the first day of the following month provided that possession can be delivered to the Resident by that time. If possession cannot be delivered by that time, either party to this lease shall have the right to terminate this lease. 9. ASSIGNMENT AND SUBLEASE: Resident shall not assign this lease nor sublet the premises without first obtaining Management's written consent. Any sublease shall be on Management's sublease form and shall be signed by all persons therein designated. 10. USE OF PREMISES: Resident shall use and occupy the premises in a clean and wholesome manner and in compliance with all applicable governmental requirements, including all public health, police and fire regulations relating to such use and occupancy to the full extent required by law. Resident shall not use or operate any equipment or machinery that is harmful to the premises or to the apartment, community or that is disturbing to other residents of the apartment community. Resident shall not employ any person or persons in or about the premises whose employment may by law constitute or create a liability on the part of Management. Resident shall not hire as Resident's employee any of Management's employees to perform any services at the apartment community. 11. CONDITION OF PREMISES AND REPAIRS BY RESIDENT: Resident acknowledges that Management has made no representations regarding the condition or state of repairs of the premises except as expressly set forth in this lease. RESIDENT AGREES TO BE RESPONSIBLE FOR, AND TO REPAIR AT RESIDENT'S EXPENSE, ANY DAMAGE THAT OCCURS DURING THE TERM OF THIS LEASE. Resident agrees to pay any damage done to the premises caused by resident's misuse, recklessness or neglect, willful or otherwise. Resident shall not cause, allow or permit any waste, misuse or neglect of the premises and shall pay in advance for the repair of any damages so caused by resident or resident's guest. During the term of this lease, the Resident shall keep the premises in good repair to the full extent required by law, and at the expiration of the term of this lease the Resident shall return the premises to Management in as good condition as when taken, except for reasonable use and wear. If the Resident should fail to make required repairs and replacements, then Management shall have the right to enter the premises without causing or constituting a termination of this lease, and at the I11 / • Resident's cost, make the required repairs or replacement. Resident shall pay the lawful expenses so incurred on the next ensuing monthly rental installment due date. Management shall also have the right to enter the premises without causing or constituting a termination of this lease, in order to install a separate meter to measure the consumption of heating fuel or other utilities at the premises in the event that Management should decide to do so, Management's entry into the premises shall be at reasonable times and in the manner prescribed by law. 12. ACCESS TO PREMISES: Management shall have reasonable access to the premises to the extent permitted by law. You agree to allow management to enter your apartment for inspection, extermination, or to make necessary repairs or improvements. 13. ALTERATIONS: Resident shall make no alterations, decorations, additions or improvements in or to the premises or to Management's equipment or fixtures in the premises.. Resident shall not install any fixture or equipment without Management's prior written consent, and then only by contractors or mechanics first approved in writing by the Management. Any such installation by Resident without Management's prior written consent may be removed by Management, and Resident shall pay Management's cost thereon on the next monthly rental installment due date. In the event that Management's written consent is received, Resident shall cause such work to be done at such times and in such a manner as Management shall designate in writing and Resident shall pay for same in a prompt manner. Any mechanic's lien filed against the premises or the apartment community for work claimed to have been done for or materials claimed to have been furnished to Resident shall be discharged by the Resident within ten days thereafter. Management shall have the right,but not the obligation to pay or discharge any such mechanic's lien. If Management should elect to exercise this right, the Resident shall forthwith pay to management the amount so expended. 14. RULES AND REGULATIONS: Resident shall comply with all of the rules and regulations governing the premises and the apartment community and shall comply with all of Management's changes and additions to the rules and regulations. Failure to do so will result in the termination of a resident's lease. 15. DAMAGE BY FIRE OR OTHER CASUALTY: If the premises are partially damaged by fire or other casualty but can be restored to tenantable condition, Management shall repair the premises with reasonable dispatch. The Resident's obligation to pay rent shall be suspended during the time that the premises remain untenantable. If the premises are destroyed by fire or other casualty or if the premises cannot be restored to tenantable condition within a reasonable time, either party shall have the right to terminate this lease by written notice to the other party. Management is not liable for any damage to resident's furniture, clothes or other personal items due to casualty including but not limited to: water, wind,burst pipe, or leak in the roof, windows or side of the building. 16. WAIVER OF SUBROGATION: Each party releases the other party from any liability for loss, damage or injury caused by the fire or other casualty for which insurance (permitting waiver of liability and waiver of insurer's rights of subrogation) is carried by the insured party to the extent of any recovery by the insured party under such insurance policy. Management at its sole expense shall obtain fire and extended coverage insurance covering the buildings in the apartment community. Resident, at Resident's sole expense, shall obtain fire and extended coverage insurance covering Resident's personal property in the premises and at the apartment community, i.e. "Renter's Insurance. " Initial: /11/11//1/1/11 1 1 _ • • 17. EMINENT DOMAIN: If any part of the premises is condemned by any governmental authority, then this lease shall terminate as of the date that possession is taken by the governmental authority. Under this provision, Resident agrees to waive all rights to claim compensation from Management. 18. DEFAULT: If the Resident should default under this lease by failure to pay the rent when due, violate or fail to perform any of the terms, conditions, or obligations of this agreement, vacate or abandon the apartment before the end of the lease term, or if Resident's statements in the rental application are found to be incorrect or untrue; Management shall have the right to terminate this lease and to repossess the premises; and cause the Resident to vacate the premises in the manner provided by law. If this should occur, Resident shall pay Management the expense incurred in obtaining possession of the premises and all other damages sustained by Management to the extent permitted by law. 19. SEVERABILITY: If any provision of this lease should be or become invalid, such invalidity shall not in any way affect any of the other provisions of this lease which shall continue to remain in full force and effect. 20. WAIVER: If Management should waive any provisions of this lease, it shall not be construed as a waiver of a further breach of such provision. 21. MODIFICATIONS: No modification of this lease shall be binding unless in writing signed by the Resident and by an authorized agent of Management and countersigned by an officer of the management company. 22. RIGHT TO MORTGAGE: Management shall have the right to subordinate this lease to any mortgage now or hereafter placed on the premises or on the apartment community. At Management's request, Resident shall execute and deliver such documents as may be required in order to accomplish the purposes of this paragraph. 23. MORTGAGE: Financing for the Florida Housing Finance Agency provided this apartment community, and Low Income Housing Tax Credits. The Tax Credit Program and other financing sources require an income certification by the resident certifying that all information set forth therein is true complete and correct. If any information contained within the certification should prove to be untrue, incomplete, or incorrect, Management has the right to terminate this lease. These income certifications shall be renewed annually. 24. LIABILITY: In the event that this lease should be signed as Resident by more than one person, then the liability of the persons signing shall be joint and several. 25. QUIET ENJOYMENT: Upon Resident paying the rent and performing all of the other provisions of this lease, Management agrees that Resident shall peacefully and quietly have, hold and enjoy the premises during the term of this lease. 26. PETS: RESIDENT OR RESIDENT'S GUESTS SHALL KEEP NO PETS IN, AT OR ABOUT THE PREMISES. Initial: 27. STORAGE OF PROPERTY: If Management should provide storage space, Resident's property shall only be stored in the space designated by Management. This storage space shall be subject to all applicable provisions of this lease. . 28. NOTICE OF INTENTION TO VACATE OR RENEW: At least thirty (30) days before the end of this lease, (i) if Management refuses to renew the lease, Management shall provide tenant with written notice specifying the grounds for said refusal, or (ii) if the tenancy will be renewed, Management shall notify Resident in writing of any increase/decrease in rent for the following year and Resident shall notify management in writing that Resident offers to sign a new lease at the rent set by Management in the manner permitted by law and subject to all provisions of this lease which may be applicable, or that the premises will be vacated at the end of this lease. The Resident's written notice shall indicate the names and family relationship of each of the occupants. Notwithstanding anything herein to the contrary, Management shall not be obligated to enter a new lease. Resident shall deliver the keys of the premises to Management at the time Resident vacates premises. Any of Resident's property left in, at or about the premises at the time the Resident vacates the premises shall be deemed to be abandoned by the Resident and Resident hereby authorized Management to dispose of same as abandoned property. Until the keys are delivered to Management as evidenced by Management's receipt therefore, the Resident shall remain liable under this lease to the extent permitted by law. Keys shall be delivered to Management upon vacating the premises and in any event no later than 12:00 noon on the next business day following the expiration of the term of this lease and/or the Resident's vacating of the premises. (DOES NOT APPLY TO SECTION 8 TENANTS) 29. NOTICE OF INJURIES: In the event of any injuries to Tenant tenants family, guests, or invitee's or in the event of any damage to any of their property that is allegedly caused by the negligence of Management or its agents or employees, Tenant shall give Management a written notice of the occurrence of the injury or damage within five (5) days of the happening thereof. The written notice shall be delivered to Management at Management's office set forth in the introductory clause- preceding Paragraph 1 above, or at such other address, which Management should hereafter furnish in writing to the Tenant. Management shall not be liable for any injury, damage or loss resulting from any accident or occurrence, acts of other tenants, wrongful or criminal acts of any third party in or upon the building or your apartment sustained by you or any person claiming through you. 30. REMEDIES NOT EXCLUSIVE: Each and every of the rights, remedies and benefits provided by this lease shall be cumulative and shall not be exclusive of any other of said rights, remedies and benefits or of any other rights,remedies and benefits allowed by law. 31. LEASE BINDING: The provisions of this lease shall be binding upon and shall be for the benefit of Management and Tenant and their respective successors in interest. 32. ADDITIONAL DOCUMENTS: The Lessee hereby agrees to execute and deliver, if and to the extent necessary, any additional certifications, agreements and other documents as may be required from time to time by the Florida Housing Finance Agency with respect to the occupancy, prospective occupancy or continued occupancy of the Premises by the Lessee and all other occupants of the Premises. 33. RADON GAS DISCLOSURE STATEMENT: This disclosure is required by Florida Statutes 404.056(8): Radon is a naturally occurring radioactive gas that, when it is accumulated in a Initi V building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. • Additional information regarding radon and radon testing may be obtained from your county public health unit. 34. AUDIT: Errors found through audit by Management in the term of lease or the amount of rent is grounds for correction to this lease agreement. 35. RETURN OF SECURITY DEPOSIT: Tenant promises to deliver the premises in good condition upon termination of tenancy. Management will deduct from your security deposit, the cost, if any, of doing the following work: Fixin g any damage, defects, or deterioration to your apartment or building caused by you or an Y occupant or guest of your apartment. Cleaning the apartment, including the stove, oven, refrigerator, closets cabinets, tiles, etc. Removal and disposal of any garbage, trash or furniture left by you in the apartment. Removal of all nails screws fasteners from the walls or ceilings, and patching or plastering all holes. Cleaning and waxing all tiles floors.-Cleaning the carpet and leaving it spotless and odorless. Re-keying or changing the lock due to failure to return keys. Curing any other violations by you of the terms of this lease. 36. NO BROKER: You represent that no agent or real estate broker, other than Miami Beach Community Development Corporation, has introduced you or shown you the apartment and that no other agent or broker is entitled to any commission in connection with this lease. You agree to indemnify the lessor with respect to any such claim. 37. TENANTS NON-MONETARY OBLIGATIONS: Tenant agrees not to make loud noise, play an instrument, radio or television so that it disturbs your neighbors or in any way breach the peace. If anyone in the building complains about noise from your apartment, you agree to immediately curtail the noise. You must respect other resident's privacy and right to quiet enjoyment. Keep • facilities clean and sanitary. Remove and dispose of trash _ refrigerator, and plumbing rY g air filters, p by bagging and disposing of trash only in the properly designated area of the building. Not use, keep, or store any toxic or flammable material considered hazardous by any insurance company. No bicycle is to be kept in the lobby, halls, or stairwells. You are fully responsible for the conduct and actions of all your guests and invitees. A $25 fine per incident will be assessed to any resident found to be in violation of the above conditions. 38. 'TERMINATION. In the event that Tenant violates paragraphs 14, 18, 23 or any other provisions of this Lease and Management elects to terminate this Lease, Management shall serve written notice to Tenant specifying the grounds for termination at least thirty (30) days before said termination. VIOLATION OF ANY PROVISION OF THIS LEASE MAY SUBJECT THIS LEASE TO TERMINATION AND DEPOSIT FORFEITURE. MANAGEMENT MIAMI BEACH COMMUNITY DEVELOPMENT CORP. TENANT(S) Initial: A //11 • ,,. .11111111/411110 By: RL KENNE ,VIC:PRESIDENT 'MA 2;,�MORAL pr and/or � a Property Management Agent Melanie Morales KEYS RECEIVED: X Unit X Mail X Entry n/a Trash Room LOCKS: You agree not to change your lock or install any additional locks on any doors without the prior written approval by Management.In case of such approval, you must furnish Management with duplicate keys before installation of the lock(s). Addendum: Tenant shall notify Management/owner of intent to vacate the unit in the fora of a 30- day written notice. Management/Owner shall notify tenant of intent of non-renewal in the form of a 30-day written notice.. (DOES NOT APPLY TO SECTION 8 TENANTS) Tenants responsibilities are to pay the following:Electric & telephone. Owner provides the following: Central a/c, water,garbage, sewer, range, refrigerator, ceiling fans& water-heater. THE LOTTIE APARTMENTS. C/O MBCDC DOES NOT DISCRIMINATE ON THE BASIS OF HANDICAPPED STATUS IN THE ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN, ITS FEDERALLY ASSISTED PROGRAMS AND ACTIVITIES. Initial: ATTACHMENTS TO THIS LEASE AGREEMENT The tenant certifies that he/she has received a copy of this Agreement and the following Attachment to this Agreement and understands that this Attachment is part of this Lease Agreement. A. Attachment#1 - Tenancy Addendum Section 8 Tenant- Based Assistance Housing Choice Voucher Program Initials: P-n--10/1- Initial: • 2 Bdrm/2Bath 50 % AMI MBCDC: LOTTIE APARTMENTS LEASE AGREEMENT This lease agreement ("lease") is made this 27th, November, 2013 between Lessor: MBCDC: LOTTIE APARTMENTS. Whose address for the purpose of this lease is C/O MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, 945 PENNSYLVANIA AVENUE, MIAMI BEACH, FL 33139, (hereinafter "Management") and the Lessee [s]("Resident "/ "Tenant"): Guillermo Perez Gonzalez and Yanet N. Mendez Marrero . In consideration of (a) Resident's representations in Resident's rental application, and (b) Resident's payment of the rent and performance of the other provisions of this lease, Management leases to Resident apartment UNIT 104 ("premises") in the apartment community known as "THE LOTTIE APARTMENTS located at 530-75th Street, Miami Beach, Florida 33141 OCCUPANCY: Only the following individuals may occupy the premises: NAME RELATIONSHIP Guillermo Perez Gonzalez Head of Household Yanet N. Mendez Marrero Spouse Catherine Perez Child Mia Andrea Perez Child Lease expires: November 30th, 2014 1. TERM: This lease shall be 12 months beginning the 1st December, 2013 .If resident takes possession of the premises prior to the commencement date of this lease, Resident shall pay rent at the rate and in the manner required by this lease and such possession in all other respects shall be subject to the applicable provisions of this lease. 2. RENT: During the term of this lease, Resident shall pay as rent$ 8,304.00/year payable in monthly installments of$692.00 in advance on or before the first day of each month commencing with the commencement date of this lease. If Resident does not pay the monthly installment of rent in a sufficiently timely manner so as to permit its receipt by Management on or before the due date, Initial: ( (: • Resident shall deliver and pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. The rent includes the following utilities:, WATER, SEWER AND GARBAGE.. Resident will pay all other utility charges including electric, telephone, and cable television. Light bulbs and air-filters are to be replaced at the expense of each resident. Resident shall not waste or misuse any utilities furnished by Management. 3. LATE CHARGE AND RETURN CHECK CHARGE: Resident shall pay a late charge of $10.00 if the monthly installment of rent is not received by Management by the FIFTH (5TH) day of the month in which it is due, PLUS $5.00 PER DAY THEREAFTER until the amount due is paid in full. Resident shall in addition to the late charge also pay Management a $30.00 processing charge for any Resident's check which is returned because of insufficient funds (NSF), a closed account or any other similar cause'. ALL payments made to replace insufficient (NSF) checks MUST be made by Money Order, Certified Check or Cashier's Check and Management shall reserve the right to require Resident to pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. Rent shall not be considered paid until actually received by management. 4. ACCELERATION: If Resident should default under this lease, Management shall have the right to accelerate the payment of the rent reserved for the balance of the term of this lease and declare said amount due and payable to Management forthwith. If Management should elect to accelerate as above provided, Resident may not be liable for the total accelerated amount claimed by Management becauseof Management's obligation to minimize damages, and either Management or Resident may have a court determine the actual amount, if any, owed by Resident as a result of Management's acceleration. 5. ADDITIONAL CHARGES: If the Resident should default under this lease requiring Management to take legal action and Management prevails in said legal action, Resident shall pay all of Management's attorney's fees and other charges, costs, expenses and damages no later than the next monthly rental installment due date. 6. SECURITY DEPOSIT: Resident hereby deposits with Management the sum of $692.00 (PAID) as a security deposit under this Lease Agreement, the receipt of which is hereby acknowledged, which sum shall be held by Management in a separate non-interest bearing account and upon the following terms and conditions: N/A PAYMENT ARRANGEMENT A. As security for the performance by residents of all the terms, conditions and covenants of this Lease Agreement; and B. If resident breaks the lease, or moves out before the end of lease term, or in the event of default of any kind or nature by Resident, then in such an event Management shall be deemed authorized to retain security deposit as liquidated, stipulated and agreed upon damages, or Management may offset security deposit against actual loss or damage sustained by Management; provided, however, that in no event shall Management be deprived of any other remedy, whether at law or equity or reserved by the terms of this Lease Agreement, regardless of retention by Management of the security deposit;RESIDENT MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT and C. Within 15 days from the expiration of the term of this Lease Agreement, and in the event Initial: / /0 that there has been no default of any kind whatsoever on the part of Resident, said security deposit shall be returned to Resident or the Management shall give written notice of Management's intention to impose a claim against said security deposit on account of loss or damage to real property or to the items constituting fixtures in demised premises, reasonable wear and tear expected. D. The fact that Management holds a security deposit shall not affect Management's right to obtain possession of the premises for non-payment of rent. E. Lessee MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT. If during the term of this lease the lessor elects to apply all or part of the security deposit to cure a violation committed by the lessee, then within 3 days after notice from the lessor, the lessee agrees to pay sufficient,monies to restore the security deposit to the original sum deposited. 7. PURPOSE: .Resident are to occupy the premises only as a private residential dwelling. . 8. POSSESSION: Resident shall not be entitled to possession of the premises until (a) Resident and Management have signed this lease, and (b) the prior Resident has vacated the premises and (c) Resident has paid the rent for the first month of the lease term and the security deposit. If the Resident is unable to take possession at the commencement date of the lease because.the premises are not ready for occupancy or because a prior Resident is holding over or because of any cause. beyond Management's control, the lease term will begin on the first day of the following month provided that possession can be delivered to the Resident by that time. If possession cannot be delivered by that time, either party to this lease shall have the right to terminate this lease. 9. ASSIGNMENT AND SUBLEASE: Resident shall not assign this lease nor sublet the premises , without first obtaining Management's written consent. Any sublease shall be on Management's sublease form and shall be signed by all persons therein designated. . 10. USE OF PREMISES: Resident shall use and occupy the premises in a clean and wholesome manner and in compliance with all applicable governmental requirements, including all public health, police and fire regulations relating to such use and occupancy to the full extent required by law. Resident shall not use or operate any equipment or machinery that is harmful to the premises or to the apartment, community or that is disturbing to other residents of the apartment community. Resident shall not employ any person or persons in or about the premises whose employment may by law constitute or create a liability on the part of Management. Resident shall not hire as Resident's employee any of Management's employees to perform any services at the apartment community. 11. CONDITION OF PREMISES AND REPAIRS BY.RESIDENT: . Resident acknowledges that Management has made no representations regarding the condition or state of repairs of the premises except as expressly set forth in this lease. RESIDENT AGREES TO BE RESPONSIBLE FOR, AND TO REPAIR AT RESIDENT'S EXPENSE, ANY DAMAGE THAT OCCURS DURING THE TERM OF THIS LEASE. Resident agrees to pay any damage done to the premises caused by resident's misuse, recklessness or neglect, willful or otherwise. Resident shall not cause, allow or permit any waste, misuse or neglect of the premises and shall pay in advance for the repair of any damages so caused by resident or resident's guest. During the term of this lease, the Resident shall keep the premises in good repair to the full Initial: (V/-( extent required by law, and at the expiration of the term of this lease the Resident shall return the premises.to Management in as good condition as when taken, except for reasonable use and wear. If the Resident should fail to make required repairs and replacements, then Management shall have the right to enter the premises without causing or constituting a termination of this lease, and at the Resident's cost, make the required repairs or replacement. Resident shall pay the lawful expenses so incurred on the next ensuing monthly rental installment due date. Management shall also have the right to enter the premises without causing or constituting a termination of this lease, in order to install a separate meter to measure the consumption of heating fuel or other utilities at the premises in the event that Management should decide to do so, Management's entry into the premises shall be at reasonable times and in the manner prescribed by law. 12. ACCESS TO PREMISES: Management shall have reasonable access to the.premises to the extent permitted by law. You agree to allow,management to enter your apartment for inspection, extermination,-or-to make necessary repairs or improvements. 13. ALTERATIONS: Resident shall make no alterations, decorations, .additions or improvements in or to the premises or to Management's_ equipment or fixtures in the premises. Resident shall not install any fixture or equipment without Management's prior written consent, and then only by contractors or mechanics first approved in writing by the Management. .Any such installation by Resident without Management's prior written consent may be removed by Management, and Resident shall pay Management's cost thereon on the next monthly rental installment due date. In the event that Management's written consent is received, Resident shall cause such work to be done at such times and in such a manner as Management shall designate in writing and Resident shall pay for same in a prompt manner. Any mechanic's lien filed against the premises or the apartment community for work claimed to have been done for,or materials claimed to have been furnished to Resident.shall be discharged by the Resident within ten days thereafter. 'Management shall have the right, but not the obligation to pay or discharge any such mechanic's lien. If Management should elect to exercise this right, the Resident shall forthwith pay to management the amount so expended. 14. RULES AND.REGULATIONS: Resident shall comply with all of the rules and regulations governing the premises and the apartment community and shall comply with all of Management's changes and additions to the rules and regulations. Failure to do so will result in the termination of a resident's lease. 15. DAMAGE BY FIRE OR OTHER CA SUALTY: If the premises are partially damaged by fire or other casualty but can be restored to tenantab le condition, Mana ement shall repair the premises Resident's obligation to pay reasonable dispatch. The R p Y rent shall be suspended during the time that g the premises remain untenantable. If the premises are destroyed by fire or other_ casualty or if the premises cannot be restored to tenantable condition within a reasonable time, either party shall have the right to terminate this lease by written notice to the other party. Management is not liable for any damage to resident's furniture, clothes or other personal items due to casualty including but not limited to water, wind, burst pipe, or leak in the roof, windows or side of the building. 16. WAIVER OF SUBROGATION: Each party releases the other party from any liability for loss, damage or injury caused by the fire or other casualty for which insurance (permitting waiver of liability and waiver of insurer's rights of subrogation) is carried by the insured party to the.extent of any recovery by the insured party under such insurance policy. Management at its sole expense shall Initial: ( ( obtain fire and extended coverage insurance covering the buildings in the apartment community. Resident, at Resident's sole expense, shall obtain fire and extended coverage insurance covering Resident's personal property in. the premises and at the apartment community, i.e. "Renter's Insurance. " 17. EMINENT DOMAIN: If any part of the premises is condemned by any governmental authority, then this lease shall terminate as of the date that possession is taken by the governmental authority. Under this provision, Resident agrees to waive all rights to claim compensation from Management. 18. DEFAULT: If the Resident should default under this lease by failure to pay the rent when due, violate or fail to perform any of the terms, conditions, or obligations of this agreement, vacate or abandon the apartment before the .end of.the lease term, or if Resident's, statements in the rental application are found to be incorrect or untrue; Management shall have the right to terminate this lease and to repossess the premises; and cause the Resident to vacate the premises in the manner provided by law. If this should occur, Resident shall pay Management the expense incurred in obtaining possession of the premises and all other damages sustained by Management to the extent permitted by law. 19. SEVERABILITY: If any provision of this lease should be or become,invalid, such invalidity shall not in any way affect any of the other provisions of this lease which shall continue to remain,in full force and effect. 20. WAIVER: If Management .should waive any provisions of this lease, it shall not be construed as a waiver of a further breach of such provision. 21. MODIFICATIONS: No modification of this lease shall be binding unless in writing signed by the Resident and by an authorized agent of Management and countersigned by an officer of the management company. 22. RIGHT TO MORTGAGE: Management shall have the right to subordinate this lease to any mortgage now or hereafter placed on the premises or on the apartment community. At Management's request, Resident shall execute and deliver such documents as may be required in order to accomplish the purposes of this paragraph. 23. MORTGAGE: Financing for the Florida Housing Finance Agency provided this apartment community, and Low Income Housing Tax Credits. The Tax Credit Program and other financing sources require an income certification by the resident certifying that all information set forth therein is true complete and correct. If any information contained within the certification should prove to be untrue, incomplete, or incorrect, Management has the right to terminate this lease. These income certifications shall be renewed annually. 24. LIABILITY: In the event that this lease should be signed as Resident by more than one person, then the liability of the persons signing shall be joint and several. 25. QUIET ENJOYMENT: Upon Resident paying the rent and performing all of the other provisions,of this lease, Management agrees that Resident shall peacefully and quietly have, hold and enjoy the premises during the term of this lease. Initial: 6' 1 26. PETS: RESIDENT OR RESIDENT'S GUESTS SHALL KEEP NO PETS IN, AT OR ABOUT THE PREMISES. . 27. STORAGE OF PROPERTY: If Management should provide storage space, Resident's property shall only be stored in the space designated by Management. This storage space shall be subject to all applicable provisions of this lease. 28. NOTICE OF INTENTION TO VACATE OR RENEW: At least thirty (30) days before the end of this lease, (i) if Management refuses to renew the lease, Management shall provide tenant with written notice specifying the grounds for said refusal, or (ii) if the tenancy will be renewed, Management shall notify Resident in writing of any increase/decrease in rent for the following year and Resident shall notify management in writing that Resident offers to sign a new lease at the rent set by Management in the manner permitted by law and subject to all provisions of this lease which may be applicable, or that the premises will be vacated at the end of this lease. The Resident's written notice shall indicate the names and family relationship of each of the occupants. Notwithstanding anything herein to the contrary, Management shall not be obligated to enter a new lease. Resident shall deliver the keys of the premises to-Management at the time Resident vacates premises.. Any of Resident's property left in, at or about the premises at the time the Resident vacates the premises shall be deemed to be abandoned by the Resident and Resident hereby authorized Management to dispose of same as abandoned property. Until the keys are delivered to Management as evidenced by Management's receipt therefore, the Resident shall remain liable under this lease to the extent permitted by law. Keys shall be delivered to Management upon vacating the premises and in any event no later than 12:00 noon on the next business day following the expiration of the term of this.lease and/or the Resident's vacating of the premises. (DOES NOT APPLY TO SECTION 8 TENANTS), 29. NOTICE OF INJURIES: In the event of any injuries to Tenant tenants family, guests, or invitee's or in the event of any damage to any of their property that is allegedly caused by the negligence of Management or its agents or employees, Tenant shall give Management a written notice of the occurrence of the injury or damage within five.(5) days of the happening thereof. The written notice shall be delivered to Management at.Management's office set forth in the introductory clause- preceding Paragraph 1 above, or at such other address, which Management should hereafter furnish in writing to the Tenant. Management shall not be liable for any injury, damage or loss resulting from any accident or occurrence, acts of other tenants, wrongful or criminal acts of any third party in or upon the building or your apartment sustained by you or any person claiming through you. 30. REMEDIES NOT EXCLUSIVE: Each and every of the rights, remedies and benefits provided by this lease shall be cumulative and shall not be exclusive of any other of said rights, remedies and benefits or of any other rights, remedies and benefits allowed by law. 31. LEASE BINDING: The provisions of this lease shall be binding upon and shall be for the benefit of Management and Tenant and their respective successors in interest. 32. ADDITIONAL DOCUMENTS: The Lessee hereby agrees to execute and deliver, if and to the extent necessary, any additional certifications, agreements and other documents as may be required from time to time by.the Florida Housing 'Finance Agency with respect to the occupancy, prospective Initial: (IA Yiq occupancy or continued occupancy of the Premises by the Lessee and all other occupants of the Premises. 33. RADON GAS DISCLOSURE STATEMENT: This disclosure is required by Florida Statutes 404.056(8): Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. 34. AUDIT: Errors found through audit by Management in the term of lease or the amount of rent is grounds for correction to this lease agreement. 35. RETURN OF SECURITY DEPOSIT: Tenant promises to deliver the premises in good condition upon termination of tenancy. Management will deduct from your security deposit, the cost, if any, of doing the following work: Fixing any damage, defects, or deterioration to your apartment or building caused by you or an occupant or guest of your apartment. Cleaning the apartment, including the stove, oven, refrigerator, closets cabinets, tiles, etc. Removal and disposal of any garbage, trash or furniture left by you in the apartment. Removal of all nails screws fasteners from the wa lls or ceilings, and patching or plastering floors. Cleaning the carpet and leaving it spotless and odorless. all holes. Cleaning and waxing all tiles g rp g p Re-keying or changing the lock due to failure to return keys. Curing any other violations by you of the terms of this lease. 36. NO BROKER: You represent that no agent or real estate broker, other than Miami Beach Community Development Corporation, has introduced you or shown you the apartment and that no other agent or broker is entitled to any commission in connection with this lease. You agree to indemnify the lessor with respect to any such claim. 37. TENANTS NON-MONETARY OBLIGATIONS: Tenant agrees not to make loud noise, play an instrument, radio or television so that it disturbs your neighbors or in any way breach the peace. If anyone in the building complains about noise from your apartment, you agree to immediately curtail the noise. You must respect other resident's privacy and right to quiet enjoyment. Keep air-filters, refrigerator, and plumbing facilities clean and sanitary. Remove and dispose of trash by bagging and disposing of trash only in the properly designated area of the building. Not use, keep, or store any toxic or flammable material considered hazardous by any insurance company. No bicycle is to be kept in the lobby, halls, or stairwells. You are fully responsible for the conduct and actions of all your guests and invitees. A $25 fine per incident will be assessed to any resident found to be in violation of the above conditions. 38. TERMINATION: In the event that Tenant violates paragraphs 14, 18, 23 or any other provisions of this Lease and Management elects to terminate this Lease, Management shall serve written notice to Tenant specifying the grounds for termination at least thirty (30) days before said termination. Initial: VIOLATION OF ANY PROVISION OF THIS LEASE MAY SUBJECT THIS LEASE TO TERMINATION AND DEPOSIT FORFEITURE. MANAGEMENT MIAMI BEACH COMMUNITY DEVELOPMENT CORP. TEN,r T(S) 4 ' O RTO DATO' ' ,PRESID• T GUILLERMO PE' ! : TALEZ And/or Magda S:ntiso, / Director Prope 'y Manager and/or it Property Management Agent. YANET N.ME•∎DEZ ' ' RO KEYS RECEIVED: X Unit X Mail X Entry n/a Trash Room LOCKS: You agree not to change your lock or install any additional locks on any doors without the prior written approval by Management. In case of such approval, you must furnish Management with duplicate keys before installation of the lock(s). Addendum: Tenant shall notify Management/owner of intent to vacate the unit in the form of a 30- day written notice. Management/Owner shall notify tenant of intent of non-renewal in the form of a 30-day written notice.. (DOES NOT APPLY TO SECTION 8 TENANTS), Tenants responsibilities are to pay the following:Electric & telephone. Owner provides the following: Central a/c, water,garbage, sewer, range, refrigerator, ceiling fans & water-heater. THE LOTTIE APARTMENTS. C/O MBCDC DOES NOT DISCRIMINATE ON THE BASIS OF HANDICAPPED STATUS IN THE ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN,ITS FEDERALLY ASSISTED PROGRAMS AND ACTIVITIES. Initial: fi p/If,. I - I ATTACHMENTS TO THIS LEASE AGREEMENT The tenant certifies that he/she has received a copy of this Agreement and the following Attachment to this Agreement and understands that this Attachment is part of this Lease Agreement. A. Attachment#1 -Tenancy Addendum Section 8 Tenant-Based Assistance.Housing Choice Voucher Program • Initials: Initial: 7A:-/ 2 Bdrm/ 1Bath 50 % AMI MBCDC: LOTTIE APARTMENTS LEASE AGREEMENT This lease agreement ("lease") is made this 28th, February, 2014 between Lessor: MBCDC: LOTTIE APARTMENTS. Whose address for the purpose of this lease is C/O MIAMI BEACH, COMMUNITY DEVELOPMENT CORPORATION, 945 PENNSYLVANIA AVENUE, MIAMI BEACH, FL 33139, (hereinafter "Management") and the Lessee [s]("Resident "/ "Tenant"): Maria Aranda . In consideration of(a) Resident's representations in Resident's rental application, and (b) Resident's payment of the rent and performance of the other provisions of this lease, Management leases to Resident apartment UNIT 105 ("premises") in the apartment community known as "THE LOTTIE APARTMENTS, LLC located at 530—75 Street, Miami Beach,Florida 33141 OCCUPANCY: Only the following individuals may occupy the premises: NAME RELATIONSHIP Maria Aranda • Head of Household Sofia Aranda, Daughter, Lease expires: February 28th, 2015 1. TERM: This lease shall be 12 months beginning the 1st March 2014 .If resident takes possession of the premises prior to the commencement date of this lease, Resident shall pay rent at the rate and in the manner required by this lease and such possession in all other respects shall be subject to the applicable provisions of this lease. 2. RENT: During the term of this lease, Resident shall pay as rent $ 8,052.00/year payable win ith installments of$671.00 in advance on or before the first day of each month commencing ith the commencement date of this lease. If Resident does not pay the monthly installment of rent date sufficiently timely manner so as to permit its receipt by Management on or before the due date, Resident shall deliver and pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. The rent includes the following utilities:, WATER, SEWER AND GARBAGE. Resident will pay all other utility charges including electric, telephone, and cable television. Light bulbs and air-filters are to, Initial: M. • / : be replaced at the expense of each resident. Resident shall not waste or. misuse any utilities furnished by Management. 3. LATE CHARGE AND RETURN CHECK CHARGE: Resident shall pay a late charge of $10.00 if the monthly installment of rent is not received by Management by the FIFTH (5TH) day of the month in which it is due, PLUS $5.00 PER DAY THEREAFTER until the amount due is paid in full. Resident shall in addition to the late charge also pay Management a $30. processing charge for any Resident's check which is returned because of insufficient funds (NSF), a closed acco nt or any by other similar cause. ALL payments made to replace insufficient (NSF) checks MUST y Money Order, Certified Check or Cashier's Check and Management shall reserve the right to require Resident to pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. Rent shall not be considered paid until actually received by management. 4. ACCELERATION: If Resident should default under this lease, Management shall have the right to accelerate the payment of the rent reserved for the balance of the term of this lease and declare said amount due and payable to Management forthwith. If Management should elect to accelerate as above provided, Resident may not be liable for the total accelerated amount claimed by Management becauseof Management's obligation to minimize damages, and either Management or Resident may have a court determine the actual amount, if any, owed by Resident as a result of Management's acceleration. 5. ADDITIONAL CHARGES: If the Resident should default under this lease requiring g Management to take legal action and Management prevails in said legal action, Resident shall pay all of Management's attorney's fees and other charges, costs, expenses and damages no later than the next monthly rental installment due date. 6. SECURITY DEPOSIT: Resident hereby deposits with Management the sum of $7 0_ (PAID) as a security deposit under this Lease Agreement, the receipt of which is e an acknowledged, which sum shall be held by Management in a separate non-interest bearing account upon the following terms and conditions: N/A_PAYMENT ARRANGEMENT A. As security for the performance by residents of all the terms, conditions and covenants of this Lease Agreement; and of B. If resident breaks the lease, or moves out before the end of lease term, or in the event default of any kind or nature by Resident, then in such an event Management shall be deemed authorized to retain security deposit as liquidated, stipulated and agreed upon damages, or Management may offset security deposit against actual loss or damage sustained by Management; provided, however, that in no event shall Management be deprived of any other remedy, whether at law or equity or reserved by the terms of this Lease Agreement, regardless of retention by Management of the security deposit;RESIDENT MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT and C. Within 15 days from the expiration of the term of this Lease Agreement, and in the event that there has been no default of any kind whatsoever on the part of Resident, said security deposit ll be returned to Resident or the Management shall give written notice of Management's intentio n to impose a claim against said security deposit on account of loss or damage to real property or to the items constituting fixtures in demised premises,reasonable wear and tear expected. Initial: • D. The fact that Management holds a security deposit shall not affect Management's right to obtain possession of the premises for non-payment of rent. E. Lessee MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT. If during the term of this lease the lessor elects to apply all or part of the security deposit to cure a violation enm tied by to the lessee, then within 3 days after notice from the lessor, the lessee agrees to pay s restore the security deposit to the original sum deposited. 7. PURPOSE: Resident are to occupy the premises only as a private residential dwelling. 8. POSSESSION: Resident shall not be entitled to possession of the premises until (a) Resdent nt have signed this lease, and (b) the prior Resident has vacated the premises and dent and Management � t has paid the rent for the first month of the lease term and the security deposit. If the rR�read Resident p is unable to take possession at the commencement date of the lease because the premises ause beyond for occupancy or because a prior Resident is holding over or because lrof month provided be that P Management's control, the lease term will begin on the first day of the following be delivered by that possession can be delivered to the Resident by that time• If this lease time, either party to this lease shall have the right to terminate ASSIGNMENT AND SUBLEASE: Resident shall not assign this lease nor sublet the 9. ASSI sublease shall be premises without first obtaining Management's written consent. designated.su Management's sublease form and shall be signed by all persons therein 10. USE OF PREMISES: Resident shall use and occupy the premises in a clean and wholesome compliance with all applicable governmental requirements, including all public health, manner and in p and fire regulations relating to such use and occupancy to the full extent required or to the police � Resident shall not use or operate any equipment or machinery that is harmful to community. Resident apartment, community or that is disturbing to other residents of the apartment employment may by law p shall not employ any person or persons in or about the premises whose constitute or create a liability on the part of Management. Resident shall not hire as Resident's p Y em to ee any of Management's employees to perform any services at the apartment community. 11. CONDITION OF PREMISES AND REPAIRS BY RESIDENT: R id state of re airs acknowledges that Management has made no representations regarding the conditio n P of the premises except as expressly set forth in this FOR, AND TO REPAIR AT RESIDENT'S RESIDENT AGREES TO BE RESPONSIBLE ANY DAMAGE THAT OCCURS DURING THE TERM OF THIS LEASE. Resident EXPENSE, A . agrees to pay any damage done to the premises caused by resident's misuse, recklessness neglect r of the gr p Y willful or otherwise. Resident shall not cause, allow or permit any waste,used b misuse or resident's premises and shall pay in advance for the repair of any damages so caused in good repair to the full guest. During the term of this lease, the Resident shall keep premises by extent required b law, and at the expiration of the term of this lease the Resident shall return the premises s to Management in as good condition as when taken, except for reasonable use and sal a r. have ve If the Resident should fail to make required repairs and replacements, then or of g lease, h at the the ri ht to enter the premises without causing or constituting a termination f t g Resident's cost, make the required repairs or replacement. Resident shall pay the lawful expenses so Initial: H • • incurred on t he next ensuin g monthly rental installment due date. Management shall also have the to enter the premises without causing or constituting a termination of this lease, in order to install right t p . a separate meter to.measure the consumption of heating fuel or other utilities at the premises shall in e p Management's entry into the premises event that Management should decide to do so, reasonable times and in the manner prescribed by law. 12. ACCESS TO PREMISES: Management shall have reasonable access to the premises to the permitted ermitted by law. You agree to allow management to enter your apartment for inspection, extermination, or to make necessary repairs or improvements. 13. ALTERATIONS: Resident shall make no alterations, decorations, additions or improvements in or to the premises or to Management's equipment or fixtures in the iand Resident shall not install any fixture or equipment without Management's prior written consent only by contractors or mechanics first approved in writing by the Management. Any such then y y installation by Resident without Management's prior written consent may be removed by Management, date. It, and Resident shall pay Management's cost thereon on the next monthly rental installment to be done at the event that Management's written consent is received, Resident shall cause such work nt shall done for such times and in such a manner as Management shall designate in writing the apartment community same in a prompt manner. Any mechanic's lien filed against the premises or for work claimed to have been done for or materials claimed to have been furnished to Resident she g be discharged by the Resident within ten days thereafter. Management shall have the right,ut this the obligation to pay or discharge any such mechanic's lien. If Management should elect to right, the Resident shall forthwith pay to management the amount so expende d 14. RULES AND REGULATIONS: Resident shall comply with all of the rules and regulations governing premises comply 1 vernin the remises and the apartment community and shall p y with all of Management's changes and additions to the rules and regulations. Failure to do so will result in the termination of a resident's lease. 15. DAMAGE BY FIRE OR OTHER CASUALTY: If the premises are partially damaged by fire or other casualty but can be restored to tenantable condition, Management shall repair the premises with reasonable dispatch. The Resident's obligation to pay rent shall be suspended during the time th that the premises remain untenantable. If the premises are destroyed by fire or other casualty shall have p party premises cannot be restored to tenantable condition within a reasonable time, either ny the rig ht to terminate this lease by written notice to the other party. Management is not liable for any damage to resident's furniture, clothes or other personal items due to casualty including but not to: water, wind,burst pipe, or leak in the roof, windows or side of the building. 16. WAIVER OF SUBROGATION: Each party releases the other party from any liability for loss, damage or injury caused by the fire or other casualty for which insurance (permitting waiver of liability and waiver of insurer's rights of subrogation) is carried by the insured party to the extent of any recovery by recover b the insured party under such insurance policy. Management at its sole expense shall obtain fire and extended coverage insurance covering the buildings in the apartment community. Resident, at Resident's sole expense, shall obtain fire and extended coverage insurance over ng Resident's personal property in the premises and at the apartment community, i.e. Insurance. " Initial: Nt- Pt • • 17. EMINENT DOMAIN: If any part of the premises is condemned by any governmental authority, then this lease shall terminate as of the date that possession is taken by the governmental authority. Under this provision, Resident agrees to waive all rights to claim compensation from Management. 18. DEFAULT: If the Resident should default under this lease by failure to pay the rent when due, violate or fail to perform any of the terms, conditions, or obligations of this agreement, vacate or abandon the apartment before the end of the lease term, or if Resident's statements in the rental application are found to be incorrect or untrue; Management shall have the right to terminate this lease and to repossess the premises; and cause the Resident to vacate the premises in the manner provided by law. If this should occur, Resident shall pay Management the expense incurred in obtaining possession of the premises and all other damages sustained by Management to the extent permitted by law. 19. SEVERABILITY: If any provision of this lease should be or become invalid, such invalidity shall not in any way affect any of the other provisions of this lease which shall continue to remain in full force and effect. 20. WAIVER: If Management should waive any provisions of this lease, it shall not be construed as a waiver of a further breach of such provision. 21. MODIFICATIONS: No modification of this lease shall be binding unless in writing signed by the Resident and by an authorized agent of Management and countersigned by an officer of the management company. 22. RIGHT TO MORTGAGE: Management shall have the right to subordinate this lease to any mortgage now or hereafter placed on the premises or on the apartment community. At Management's request, Resident shall execute and deliver such documents as may be required in order to accomplish the purposes of this paragraph. 23. MORTGAGE: Financing for the Florida Housing Finance Agency provided apartment i community, and Low Income Housing Tax Credits. The Tax Credit Program and other sources require an income certification by the resident certifying that all information set forth therein is true complete and correct. If any information contained within the certification should prove to be untrue, incomplete, or incorrect, Management has the right to terminate this lease. These income certifications shall be renewed annually. 24. LIABILITY: In the event that this lease should be signed as Resident by more than one person, then the liability of the persons signing shall be joint and several. 25. QUIET ENJOYMENT: Upon Resident paying the rent and performing all of the other provisions of this lease, Management agrees that Resident shall peacefully and quietly have, hold and enjoy the premises during the term of this lease. 26. PETS: RESIDENT OR RESIDENT'S GUESTS SHALL KEEP NO PETS IN, AT OR ABOUT THE PREMISES. N/A Initial: M - � 27. STORAGE OF •PROPERTY: If Management should provide storage space, Resident's property shall only be stored in the space designated by Management. This storage space shall be subject to all applicable provisions of this lease. 28. NOTICE OF INTENTION TO VACATE OR RENEW: At least thirty (30) days before the Management shall provide tenant with nt refuses to renew the lease, p end of this lease, (i) if Management g written notice specifying the grounds for said refusal, or (ii) if the tenancy will be renewed, Management shall notify Resident in writing of any increase/decrease in rent for the following year and Resident shall notify management in writing that Resident offers to sign a new lease at the rent set by Management in the manner permitted by law and subject to all provisions of this lease which may be applicable, or that the premises will be vacated at the end of this lease. The Resident's written notice shall hall indicate the names and family relationship of each of the occupants. Notwithstanding anything ent shall not be obligated ated to enter a new lease. Resident shall deliver herein to the contrary, Management g the keys of the premises to Management at the time Resident vacates premises. Any of Resident's property left in, at or about the premises at the time the Resident vacates the premises shall be deemed to be abandoned by the Resident and Resident hereby authorized Management to dispose of same as abandoned property. Until the keys are delivered to Management as evidenced by Management's receipt therefore, the Resident shall remain liable under this lease to the extent permitted by law. Keys shall be delivered to Management upon vacating the premises and in any event no later than 12:00 noon on the next business day following the expiration of the term of this lease and/or the Resident's vacating of the premises. (DOES NOT APPLY TO SECTION 8 TENANTS) 29. NOTICE OF INJURIES: In the event of any injuries to Tenant tenants family, guests, or invitee's or in the event of any damage to any of their property that is allegedly caused by the negligence of Management or its agents or employees, Tenant shall give Management a written notice of the occurrence of the injury or damage within five (5) days of the happening thereof. The written notice shall be delivered to Management at Management's office set forth in the introductory clause- preceding Paragraph 1 above, or at such other address, which Management should hereafter furnish in writing to the Tenant. Management shall not be liable for any injury, damage or loss resulting from any accident or occurrence, acts of other tenants, wrongful or criminal acts of any third party in or upon the building or your apartment sustained by you or any person claiming through you. 30. REMEDIES NOT EXCLUSIVE: Each and every of the rights, remedies and benefits provided by this lease shall be cumulative and shall not be exclusive of any other of said rights, remedies and benefits or of any other rights,remedies and benefits allowed by law. 31. LEASE BINDING: The provisions of this lease shall be binding upon and shall be for the benefit of Management and Tenant and their respective successors in interest. 32. ADDITIONAL DOCUMENTS: The Lessee hereby agrees to execute and deliver, if and to the extent necessary, any additional certifications, agreements and other documents as may be required from time to time by the Florida Housing Finance Agency with respect to the occupancy, prospective occupancy or continued occupancy of the Premises by the Lessee and all other occupants of the Premises. 33. RADON GAS DISCLOSURE STATEMENT: This disclosure is required by Florida Statutes 404.056(8): Radon is a naturally occurring radioactive gas that, when it is accumulated in a Initial: 1--A. - building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. 34. AUDIT: Errors found through audit by Management in the term of lease or the amount of rent is grounds for correction to this lease agreement. 35. RETURN OF SECURITY DEPOSIT: Tenant promises to deliver the premises in good condition upon termination of tenancy. Management will deduct from your security deposit, the cost, if any, of doing the following work: Fixing any damage, defects, or deterioration to your apartment or building caused by you or an occupant or guest of your apartment. Cleaning the apartment, including the stove, oven, refrigerator, closets cabinets, tiles, etc. Removal and disposal of any garbage, trash or furniture left by you in the apartment. Removal of all nails screws fasteners from the walls or ceilings, and patching or plastering all holes. Cleaning and waxing all tiles floors. Cleaning the carpet and leaving it spotless and odorless. Re-keying or changing the lock due to failure to return keys. Curing any other violations by you of the terms of this lease. 36. NO BROKER: You represent that no agent or real estate broker, other than Miami Beach Community Development Corporation, has introduced you or shown you the apartment and that no other agent or broker is entitled to any commission in connection with this lease. You agree to indemnify the lessor with respect to any such claim. 37. TENANTS NON-MONETARY OBLIGATIONS: Tenant agrees not to make loud noise, play an instrument, radio or television so that it disturbs your neighbors or in any way breach the peace. If anyone in the building complains about noise from your apartment, you agree to immediately curtail the noise. You must respect other resident's privacy and right to quiet enjoyment. Keep air-filters, refrigerator, and plumbing facilities clean and sanitary. Remove and dispose of trash by bagging and disposing of trash only in the properly designated area of the building. Not use, keep, or store any toxic or flammable material considered hazardous by any insurance company. No bicycle is to be kept in the lobby, halls, or stairwells. You are fully responsible for the conduct and actions of all your guests and invitees. A $25 fine per incident will be assessed to any resident found to be in violation of the above conditions. 38.TERMINATION: In the event that Tenant violates paragraphs 14, 18, 23 or any other provisions of this Lease and Management elects to terminate this Lease, Management shall serve written notice to Tenant specifying the grounds for termination at least thirty (30) days before said • termination. VIOLATION OF ANY PROVISION OF THIS LEASE MAY SUBJECT THIS LEASE TO TERMINATION AND DEPOSIT FORFEITURE. MANAGEMENT MIAMI BEACH COMMUNITY DEVELOPMENT CORP. TENANT(S) Initial: 1"-i /, Al ` • ' KENNEDY,V CE PRESID NT r4'IA A' • DA And/or Property anagement Agent KEYS RECEIVED: X Unit X Mail X Entry n/a Trash Room LOCKS: You agree not to change your lock or install any additional locks on any doors without the prior written approval by Management. In case of such approval, you must furnish Management with duplicate keys before installation of the lock(s). Adde'ndum. Tenant shall notify Management/owner of intent to vacate the unit in the form o f a 30- day written notice..Management/Owner shall notify tenant of intent of non-renewal in the form of a 30-day written notice.. (DOES NOT APPLY TO SECTION 8 TENANTS) Tenants responsibilities are to pay the following:Electric& telephone. Owner provides the following: Central a/c, water,garbage,sewer, range, refrigerator, ceiling fans& water-heater. THE LOTTIE APARTMENTS. C/O MBCDC DOES NOT DISCRIMINATE ON THE BASIS OF HANDICAPPED STATUS IN THE ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN, ITS FEDERALLY ASSISTED PROGRAMS AND ACTIVITIES. Initial: ri . ► 1 • • C. ATTACHMENTS TO THIS LEASE AGREEMENT The tenant certifies that he/she has received a copy of this Agreement and the following Attachment to this Agreement and understands that this Attachment is part of this Lease Agreement. A. Attachment#1 - Tenancy Addendum Section 8 Tenant- Based Assistance Housing Choice Voucher Program Initials: - Initial: H . P s r _ ( . . 3 Bdrm/ 2 Bath 60 % AMI MBCDC: LOTTIE APARTMENTS LEASE AGREEMENT This lease agreement ("lease") is made this 30th January, 2014 between Lessor: MBCDC: LOTTIE APARTMENTS., Whose address for the purpose of this lease is C/O MIAMI BEACH, COMMUNITY DEVELOPMENT CORPORATION, 945 PENNSYLVANIA AVENUE, MIAMI BEACH, FL 33139, (hereinafter "Management") and the Lessee [s]("Resident "/ "Tenant"): VILMARIE FIGUEROA & SERGIO CANIZA In consideration of(a) Resident's representations in Resident's rental application, and (b) Resident's payment of the rent and performance of the other provisions of this lease, Management leases to Resident apartment UNIT 106 ("premises") in the apartment community known as MBCDC: LOTTIE APARTMENTS, located at 530 75th Street Miami Beach, Florida 33141. OCCUPANCY: Only the following individuals may occupy the premises: NAME RELATIONSHIP Vilmarie Figueroa Head of Household Sergio Caniza Spouse Isabel Caniza Child Andres M. Figueroa Child Angel V. Figueroa Child Lease expires: 01/31/2015 1. TERM: This lease shall be 12 months beginning the 1st February, 2014 .If resident takes possession of the premises prior to the commencement date of this lease, Resident shall pay rent at the rate and in the manner required by this lease and such possession in all other respects shall be subject to the applicable provisions of this lease. 2. RENT:- During the term of this lease, Resident shall pay as rent$ 12,000.00/year payable in monthly installments of$1,000.00 in advance on or before the first day of each month commencing with Initial: VF the commencement date of tlik::, ,'ease. If Resident does not pay the _Mthly installment of rent in a sufficiently timely manner so as to permit its receipt by Management on or before the due date, Resident shall deliver and pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. The rent includes the following utilities:, WATER, SEWER AND GARBAGE. •. Resident will pay all other utility charges including electric, telephone, and cable television. Light bulbs and air-filters are to be replaced at the expense of each resident. Resident shall not waste or misuse any utilities furnished by Management. 3. LATE CHARGE AND RETURN CHECK CHARGE: Resident shall pay a late charge of $10.00 if the monthly installment of rent is not received by Management by the FIFTH (5TH) day of the month in which it is due, PLUS $5.00 PER DAY THEREAFTER until the amount due is paid in full. Resident shall in addition to the late charge also pay Management a $30.00 processing charge for any Resident's check which is returned because of insufficient funds (NSF), a closed account or any other similar cause. ALL payments made to replace insufficient (NSF) checks MUST be made by Money Order, Certified Check or Cashier's Check and Management shall reserve the right to require Resident to pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. Rent shall not be considered paid until actually received by management. / 4. ACCELERATION: If Resident should default under this lease, Management shall have the right to accelerate the payment of the rent reserved for the balance of the term of this lease and declare said amount due and payable to Management forthwith. If Management should elect to accelerate as above provided, Resident may not be liable for the total accelerated amount claimed by Management becauseof Management's obligation to minimize damages, and either Management or Resident may have a court determine the actual amount, if any, owed by Resident as a result of Management's acceleration. 5. ADDITIONAL CHARGES: If the Resident should default under this lease requiring Management to take legal action and Management prevails in said legal action, Resident shall pay all of Management's attorney's fees and other charges, costs, expenses and damages no later than the next monthly rental installment due date. 6. SECURITY DEPOSIT: Resident hereby deposits with Management the sum of $1,051.00 (PAID) as a security deposit under this Lease Agreement,the receipt of which is hereby acknowledged, which sum shall be held by Management in a separate non-interest bearing account and upon the following terms and conditions: N/A PAYMENT ARRANGEMENT A. As security for the performance by residents of all the terms, conditions and covenants of this Lease Agreement; and B. If resident breaks the lease, or moves out before the end of lease term, or in the event of default of any kind or nature by Resident, then in such an event Management shall be deemed authorized to retain security deposit as liquidated, stipulated and agreed upon damages, or Management may offset security .deposit against actual loss or damage sustained by Management; provided, however, that in no event shall Management be deprived of any other remedy, whether at law or equity or reserved by the terms of this Lease Agreement, regardless of retention by Management of the security deposit; RESIDENT MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT and C. Within 15 days from the expiration of the term of this Lease A e ent, and in the event Initial: ' been no default(....An kind whatsoever on the part of Re ent, said security deposit shall that there has b y be returned to Resident or the Management shall give written notice of Management's intention to impose a claim against said security deposit on account of loss or damage to real property or to the items constituting fixtures in demised premises,reasonable wear and tear expected. D. The fact that Management holds a security deposit shall not affect Management's right to obtain possession of the premises for non-payment of rent. E. Lessee MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT. If during the term of this lease the lessor elects to apply all or part of the security deposit to cure a violation committed by the lessee, then within 3 days after notice from the lessor, the lessee agrees to pay sufficient monies to restore the security deposit to the original sum deposited. 7. PURPOSE: Resident are to occupy the premises only as a private residential dwelling. • 8. POSSESSION: Resident shall not be entitled to possession of the premises until (a) Resident and Management have signed this lease, and (b) the prior Resident has vacated the premises and (c) Resident has paid the rent for the first month of the lease term and the security deposit. If the Resident is unable to take possession at the commencement date of the lease because the premises are not ready for occupancy or because a prior Resident is holding over or because of any cause beyond Management's control, the lease term will begin on the first day of the following month provided that possession can be delivered to the Resident by that time. If possession cannot be delivered by that time, either party to this lease shall have the right to terminate this lease. 9. ASSIGNMENT AND SUBLEASE: Resident shall not assign this lease nor sublet the premises without first obtaining Management's written consent. Any sublease shall be on Management's sublease form and shall be signed by all persons therein designated. 10. USE OF PREMISES: Resident shall use and occupy the premises in a clean and wholesome manner and in compliance with all applicable governmental requirements, including all public health, police and fire regulations relating to such use and occupancy to the full extent required by law. Resident shall not use or operate any equipment or machinery that is harmful to the premises or to the apartment, community or that is disturbing to other residents of the apartment community. Resident shall not employ any person or persons in or about the premises whose employment may by law constitute or create a liability on the part of Management. Resident shall not hire as Resident's employee any of Management's employees to perform any services at the apartment community. 11. CONDITION OF PREMISES AND REPAIRS BY RESIDENT: Resident acknowledges that Management has made no representations regarding the condition or state of repairs of the premises except as expressly set forth in this lease. RESIDENT AGREES TO BE RESPONSIBLE FOR, AND TO REPAIR AT -RESIDENT'S EXPENSE, ANY DAMAGE THAT OCCURS DURING THE TERM OF THIS LEASE. Resident agrees to pay any damage done to the premises caused by resident's misuse, recklessness or neglect, willful or otherwise. Resident shall not cause, allow or permit any waste, misuse or neglect of the premises and shall pay in advance for the repair of any damages so caused by resident or resident's guest. During the term of this lease, the Resident shall keep the premises in good repair to the full extent required by law, and at the expiration of the term of this lease the Resident shall return the premises to Management in as good condition as when taken, except for reasonable use and wear.‘(#. Initial: ' C If the Resident should fail td ._ake required repairs and replacemen then Management shall have the right to enter the premises without causing or constituting a termination of this lease, and at the Resident's cost, make the required repairs or replacement. Resident shall pay the lawful expenses so incurred on the next ensuing monthly rental installment due date. Management shall also have the right to enter the premises without causing or constituting a termination of this lease, in order to install a separate meter to measure the consumption of heating fuel or other utilities at the premises in the event that Management should decide to do so, Management's entry into the premises shall be at reasonable times and in the manner prescribed by law. 12. ACCESS TO PREMISES: Management shall have reasonable access to the premises to the extent permitted by law. You agree.to allow management to enter your apartment for inspection, extermination, or to make necessary repairs or improvements. 13. ALTERATIONS: Resident shall make no alterations, decorations, additions or improvements in or to the premises or to Management's equipment or fixtures in the premises. Resident shall not-install any fixture or,equipment.without.Management's prior written consent, and then only by contractors or mechanics first approved in writing by the Management. Any such installation by Resident without Management's prior written consent may be removed by Management, and Resident shall pay Management's cost thereon on the next monthly rental installment due date. In the event that Management's written consent is received, Resident shall cause such work to be done at such times and in such a manner as Management shall designate in writing and Resident shall pay for same in a prompt manner. Any mechanic's lien filed against the premises or the apartment community for work claimed to have been done for or materials claimed to have been furnished to Resident shall be discharged by the Resident within ten days thereafter. Management shall have the right, but not the obligation to pay or discharge any such mechanic's lien. If Management should elect to exercise this right, the Resident shall forthwith pay to management the amount so expended. 14. RULES AND REGULATIONS: Resident shall comply with all of the rules and regulations governing the premises and the apartment community and shall comply with all of Management's changes and additions to the rules and regulations. Failure to do so will result in the termination of a resident's lease. 15. DAMAGE BY FIRE OR OTHER CASUALTY: If the premises are partially damaged by fire or other casualty but can be restored to tenantable condition, Management shall repair the premises with reasonable dispatch. The Resident's obligation to pay rent shall be suspended during the time that the premises remain untenantable. If the premises are destroyed by fire or other casualty or if the premises cannot be restored to tenantable condition within a reasonable time, either party shall have the right to terminate this lease by written notice to the other party. Management is not liable for any damage to resident's furniture, clothes or other personal items due to casualty including but not limited to: water, wind, burst pipe, or leak in the roof, windows or side of the building. 16. WAIVER OF SUBROGATION: Each party releases the other party from any liability for loss, damage or injury caused by the fire or other casualty for which insurance (permitting waiver of liability and waiver of insurer's rights of subrogation) is carried by the insured party to the extent of any recovery by the insured party under such insurance policy. Management at its sole expense shall obtain fire and extended coverage insurance covering the buildings in the apartment community. Resident, at Resident's sole expense, shall obtain fire and extended coverage insurance covering Resident's personal property in the premises and at the apartment community, i.e. "Renter's Insurance. " Initial: • G 17. EMINENT DOMAIN: If any part of the premises, is condemned by any governmental authority, then this lease shall terminate as of the date that possession is taken by the governmental authority. Under this provision, Resident agrees to waive all rights to claim compensation from Management. 18. DEFAULT: If the Resident should default under this lease by failure to pay the rent when due, violate or fail to perform any of the terms, conditions, or obligations of this agreement, vacate or abandon the apartment before the end of the lease term, or if Resident's statements in the rental application are found to be incorrect or untrue; Management shall have the right to terminate this lease and to repossess the premises; and cause the Resident to vacate the premises in the manner provided by law. If this should occur, Resident shall pay Management the expense incurred in obtaining possession of the premises and all other damages sustained by Management to the extent permitted by law. 19. SEVERABILITY: If any provision of this lease should be or become invalid, such invalidity shall not in any way affect any of the other provisions of this lease which shall continue to remain in full force and effect. 20. WAIVER: If Management should waive any provisions of this lease, it shall not be construed as a waiver of a further breach of such provision. 21. MODIFICATIONS: No modification of this lease shall be binding unless in writing signed by the Resident and by an authorized agent of Management and countersigned by an officer of the management company. • 22. RIGHT TO MORTGAGE: Management shall have the right to subordinate this lease to any mortgage now or hereafter placed on the premises or on the apartment community. At Management's request, Resident shall execute and deliver such documents as may be required in order to accomplish the purposes of this paragraph. 23. MORTGAGE: Financing for the Florida Housing Finance Agency provided this apartment community, and Low Income Housing Tax Credits. The Tax Credit Program and other financing sources require an income certification by the resident certifying that all information set forth therein is true complete and correct. If any information contained within the certification should prove to be untrue, incomplete, or incorrect, Management has the right to terminate this lease. These income certifications shall be renewed annually. 24. LIABILITY: In the event that this lease should be signed as Resident by more than one person, then the liability of the persons signing shall be joint and several. 25. QUIET ENJOYMENT: Upon Resident paying the rent and performing all of the other provisions of this lease, Management agrees that Resident shall peacefully and quietly have, hold and enjoy the premises during the term of this lease. 26. PETS: RESIDENT OR RESIDENT'S GUESTS SHALL KEEP NO PETS IN, AT OR ABOUT THE PREMISES. Initial: ��G 27. STORAGE OF PRv.f'ERTY: If Management should provide storage space, Resident's property shall only be stored in the space designated by. Management. This storage space shall be subject to all applicable provisions of this lease. 28. NOTICE OF INTENTION TO VACATE OR RENEW: At least thirty (30) days before the end of this lease, (i) if Management refuses to renew the lease, Management shall provide tenant with written notice specifying the grounds for said refusal, or (ii) if the tenancy will be renewed, Management shall notify Resident in writing of any increase/decrease in rent for the following year and Resident shall notify management in writing that Resident offers to sign a new lease at the rent set by Management in the manner permitted by law and subject to all provisions of this lease which may be applicable, or that the premises will be vacated at the end of this lease. The Resident's written notice shall indicate the names and family relationship of each of the occupants. Notwithstanding anything herein to the contrary, Management shall not be obligated to enter a new lease. Resident shall deliver the keys of the premises to Management at the time Resident vacates premises. Any of Resident's property left in, at or about the premises at the time the Resident vacates the premises shall be deemed to be abandoned by the Resident and Resident hereby authorized Management to dispose of same as abandoned property. Until the keys are delivered to Management as evidenced by Management's receipt therefore, the Resident shall remain liable under this lease to the extent permitted by law. Keys shall be delivered to Management upon vacating the premises and in any event no later than 12:00 noon on the next business day following the expiration of the term of this lease and/or the Resident's vacating of the premises. (DOES NOT APPLY TO SECTION 8 TENANTS) 29. NOTICE OF INJURIES: In the event of any injuries to Tenant tenants family, guests, or invitee's or in the event of any damage to any of their property that is allegedly caused by the negligence of Management or its agents or employees, Tenant shall give Management a written notice of the occurrence of the injury or damage within five (5) days of the happening thereof. The written notice shall be delivered to Management at Management's office set forth in the introductory clause- preceding Paragraph 1 above, or at such other address, which Management should hereafter furnish in writing to the Tenant. Management shall not be liable for any injury, damage or loss resulting from any accident or occurrence, acts of other tenants, wrongful or criminal acts of any third party in or upon the building or your apartment sustained by you or any person claiming through you. 30. REMEDIES NOT EXCLUSIVE: Each and every of the rights, remedies and benefits provided by this lease shall be cumulative and shall not be exclusive of any other of said rights, remedies and benefits or of any other rights, remedies and benefits allowed by law. 31. LEASE BINDING: The provisions of this lease shall be binding upon and shall be for the benefit of Management and Tenant and their respective successors in interest. 32. ADDITIONAL DOCUMENTS: The Lessee hereby agrees to execute and deliver, if and to the extent necessary, any additional certifications, agreements and other documents as may be required from time to time by the Florida Housing Finance Agency with respect to the occupancy, prospective occupancy or continued occupancy of the Premises by the Lessee and all other occupants of the Premises. 33. RADON GAS DISCLOSURE STATEMENT: This disclosure is required by Florida Statutes 404.056(8): Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. r2 Initial: Additional information regar L.g radon and radon testing may be obiained from your county public health unit. 34. AUDIT: Errors found through audit by Management in the term of lease or the amount of rent . is grounds for correction to this lease agreement. 35. RETURN OF SECURITY DEPOSIT: Tenant promises to deliver the premises in good condition upon termination of tenancy. Management will deduct from your security deposit, the cost, if any, of doing the following work: Fixing any damage, defects, or deterioration to your apartment or building caused by you or an occupant or guest of your apartment. Cleaning the apartment, including the stove, oven, refrigerator, closets cabinets, tiles, etc. Removal and disposal of any garbage, trash or furniture left by you in the apartment. Removal of all nails screws fasteners from the walls or ceilings, and patching or plastering all holes. Cleaning and waxing all tiles floors. Cleaning the carpet and leaving it spotless and odorless. Re-keying or changing the lock due to failure to return keys. Curing any other violations by you of the terms of this lease. 36. NO BROKER: You represent that no agent or real estate broker, other than Miami Beach Community Development Corporation, has introduced you or shown you the apartment and that no other agent or broker is entitled to any commission in connection with this lease. You agree to indemnify the lessor with respect to any such claim. 37. TENANTS NON-MONETARY OBLIGATIONS: Tenant agrees not to make loud noise, play an instrument, radio or television so that it disturbs your neighbors or in any way breach the peace. If anyone in the building complains about noise from your apartment, you agree to immediately curtail the noise. You must respect other resident's privacy and right to quiet enjoyment. Keep air-filters, refrigerator, and plumbing facilities clean and sanitary. Remove and dispose of trash by bagging and disposing of trash only in the properly designated area of the building. Not use, keep, or store any toxic or flammable material considered hazardous by any insurance company. No bicycle is to be kept in the lobby, halls, or stairwells. You are fully responsible for the conduct and actions of all your guests and invitees. A $25 fine per incident will be assessed to any resident found to be in violation of the above conditions. 38. TERMINATION: In the event that Tenant violates paragraphs 14, 18, 23 or any other provisions of this Lease and Management elects to terminate this Lease, Management shall serve written notice to Tenant specifying the grounds for termination at least thirty (30) days before said termination. VIOLATION OF ANY PROVISION OF THIS LEASE MAY SUBJECT THIS LEASE TO TERMINATION AND DEPOSIT FORFEITURE. MANAGEMENT MIAMI BEACH COMMUNITY DEVELOPMENT CORP. TENANT(S) • •• ,�•r t; t D NT VILMARIE FIGUER V1 cE piz t �` T Initial: •/ r Property Management Agent SERGIO CANI KEYS RECEIVED: X Unit X Mail X . Entry n/a Trash Room LOCKS: You agree not to change your lock or install any additional locks on any doors without the prior written approval by Management. In case of such approval, you must furnish Management with duplicate keys before installation of the lock(s). Addendum: Tenant shall notify Management/owner of intent to vacate the unit in the form of a 30- day written notice. Management/Owner shall notify tenant of intent of non-renewal in the form of a 30-day written notice.. (DOES NOT APPLY TO SECTION 8 TENANTS) Tenants responsibilities are to pay the following:Electric & telephone. Owner provides the following: Central a/c, water,garbage, sewer, range, refrigerator, ceiling fans& water-heater. MBCDC: LOTTIE APARTMENTS, C/O MBCDC DOES NOT DISCRIMINATE ON THE BASIS OF HANDICAPPED STATUS IN THE ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN,,ITS FEDERALLY ASSISTED PROGRAMS AND ACTIVITIES. Initial: \I ATTACHMENTS TO THIS LEASE AGREEMENT The tenant certifies that he/she has received a copy of this Agreement and the following Attachment to this Agreement and understands that this Attachment is part of this Lease Agreement. A. Attachment#1 - Tenancy Addendum Section 8 Tenant- Based Assistance Housing Choice Voucher Program Initials: V Initial: 2 Bdrm/2Bath 50 % AMI MBCDC: LOTTIE APARTMENTS LEASE AGREEMENT This lease agreement ("lease") is made this 29th, November, 2013 between Lessor: MBCDC: LOTTIE APARTMENTS. Whose address for the purpose of this lease is C/O MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, 945 PENNSYLVANIA AVENUE, MIAMI BEACH, FL 33139, (hereinafter "Management") and the Lessee [s]("Resident "/ "Tenant"): SUSANA SENRA & ADILU VIERA . In consideration of(a) Resident's representations in Resident's rental application, and (b) Resident's payment of the rent and performance of the other provisions of this lease, Management leases to Resident apartment UNIT 107 ("premises") in the apartment community known as "MBCDC:LOTTIE APARTMENTS" located at 530-75th Street, Miami Beach, Florida 33141 OCCUPANCY: Only the following individuals may occupy the premises: NAME RELATIONSHIP SUSANA SENRA Head of Household ADILU VIERA DAUGHTER Lease expires: November 30th, 2014 1.. TERM: This lease shall be 12 months beginning the 1st December, 2013 .If resident takes possession of the premises prior to the commencement date of this lease, Resident shall pay rent at the rate and in the manner required by this lease and such possession in all other respects shall be subject to the applicable provisions of this lease. 2. RENT: During the term of this lease, Resident shall pay as rent $ 8,304.00/year payable in monthly installments of$692.00 in advance on or before the first day of each month commencing with the commencement date of this lease. If Resident does not pay the monthly installment of rent in a sufficiently timely manner so as to permit its receipt by Management on or before the due date, Resident shall deliver and pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. The rent includes the following utilities:, WATER, SEWER AND GARBAGE. Resident will pay all other utility charges including Initial: V -55 electric, telephone, and cable television. Light bulbs and air-filters are to be replaced at the expense of each resident. Resident shall not waste or misuse any utilities furnished by Management. 3. LATE CHARGE AND RETURN CHECK CHARGE: Resident shall pay a late charge of $10.00 if the monthly installment of rent is not received by Management by the FIFTH (5TH) day of the month in which it is due, PLUS $5.00 PER DAY THEREAFTER until the amount due is paid in full. Resident shall in addition to the late charge also pay Management a $30.00 processing charge for any Resident's check which is returned because of insufficient funds (NSF), a closed account or any other similar cause. ALL payments made to replace insufficient (NSF) checks MUST be made by Money Order, Certified Check or Cashier's Check and Management shall reserve the right to require Resident to pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. Rent shall not be considered paid until actually received by management. 4. ACCELERATION: If Resident should default under this lease, Management shall have the right to accelerate the payment of the rent reserved for the balance of the term of this lease and declare said amount due and payable to Management forthwith. If Management should elect to accelerate as above provided, Resident may not be liable for the total accelerated amount claimed by Management becauseof Management's obligation to minimize damages, and either Management or Resident may have a court determine the actual amount, if any, owed by Resident as a result of Management's acceleration. 5. ADDITIONAL CHARGES: If the Resident should default under this lease requiring Management to take legal action and Management prevails in said legal action, Resident shall pay all of Management's attorney's fees and other charges, costs, expenses and damages no later than the next monthly rental installment due date. 6. SECURITY DEPOSIT: Resident hereby deposits with Management the sum of $707.00 (PAID) as a security deposit under this Lease Agreement, the receipt of which is hereby acknowledged, which sum shall be held by Management in a separate non-interest bearing account and upon the following terms and conditions: N/A PAYMENT ARRANGEMENT A. As security for the performance by residents of all the terms, conditions and covenants of this Lease Agreement; and B. If resident breaks the lease, or moves out before the end of lease term, or in the event of default of any kind or nature by.Resident, then in such an event Management shall be deemed authorized to retain security deposit as liquidated, stipulated and agreed upon damages, or Management may offset security deposit against actual loss or damage sustained by Management; provided, however, that in no event shall Management be deprived of any other remedy, whether at law or equity or reserved by the terms of this Lease Agreement, regardless of retention by Management of the security deposit;RESIDENT MAY NOT USE THE SECURITY DEPOSIT TO PAYMENT and C. Within 15 days from the expiration of the term of this Lease Agreement, and in the event that there has been no default of any kind whatsoever on the part of Resident, said security deposit shall be returned to Resident or the Management shall give written notice of Management's intention to impose a claim against said security deposit.on account of loss or damage to real property or to the Initial: AV/55 (f,. items constituting fixtures in demised premises,reasonable wear and tear expected. D. The fact that Management holds a security deposit shall not affect Management's right to obtain possession of the premises for non-payment of rent. E. Lessee MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT. If during the term of this lease the lessor elects to apply all or part of the security deposit to cure a violation committed by the lessee, then within 3 days after notice from the lessor, the lessee agrees to pay sufficient monies to restore the security deposit to the original sum deposited. 7. PURPOSE: Resident are to occupy the premises only as a private residential dwelling. 8. POSSESSION: Resident shall not be entitled to possession of the premises until (a) Resident and Management have signed this lease, and (b) the prior.Resident has vacated the premises and (c) Resident has paid the rent for the first month of the lease term and the security deposit. If the Resident is unable to take possession at the commencement date of the lease because the premises are not ready for occupancy or because a prior Resident is holding over or because of any cause beyond Management's control, the lease term will begin on the first day of the following month provided that possession can be delivered to the Resident.by that time. If possession cannot be delivered by that time, either party to this lease shall have the right to terminate this lease. 9. ASSIGNMENT AND SUBLEASE: Resident shall not assign this lease nor sublet the premises without first obtaining Management's written consent. Any sublease shall be on Management's sublease form and shall be signed by all persons therein designated. 10. USE OF PREMISES: Resident shall use and occupy the premises in a clean and wholesome manner and in compliance with all applicable governmental requirements, including all public health, police and fire regulations relating to such use and occupancy to the full extent required by law. Resident shall not use or operate any equipment or machinery that is harmful to the premises or to the apartment, community or that is disturbing to other residents of the apartment community. Resident shall not employ any person or persons in or about the premises whose employment may by law constitute or create a liability on the part of Management. Resident shall not hire as Resident's employee any of Management's employees to perform any services at the apartment community. 11. CONDITION OF PREMISES AND REPAIRS BY RESIDENT: Resident acknowledges that Management has made no representations regarding the condition or state of repairs of the premises except as expressly set forth in this lease. RESIDENT AGREES TO BE RESPONSIBLE FOR, AND TO REPAIR AT RESIDENT'S EXPENSE, ANY DAMAGE THAT OCCURS DURING THE TERM OF THIS LEASE. Resident agrees to pay any damage done to the premises caused by resident's misuse, recklessness or neglect, willful or otherwise. Resident shall not cause, allow or permit any waste, misuse or neglect of the premises and shall pay in advance for the repair of any damages so caused by resident or resident's guest. During the term of this lease, the Resident shall keep the premises in good repair to the full extent required by law, and at the expiration of the term of this lease the Resident shall return the premises to Management in as good condition as when taken, except for reasonable use and wear. If the Resident should fail to make required repairs and replacements, then Management shall have the right to enter the premises without causing or constituting a termination of this lease, and at the Initial: /9 v i Resident's cost, make the required repairs or replacement. Resident shall pay the lawful expenses so incurred on the next ensuing monthly rental installment due date. Management shall also have the right to enter the premises without causing or constituting a termination of this lease, in order to install a separate meter to measure the consumption of heating fuel or other utilities at the premises in the event that Management should decide to do so, Management's entry into the premises shall be at reasonable times and in the manner prescribed by law. 12. ACCESS TO PREMISES: Management shall have reasonable access to the premises to the extent permitted by law. You agree to allow management to enter your apartment for inspection, extermination, or to make necessary repairs or improvements. 13. ALTERATIONS: Resident shall make no alterations, decorations, additions or improvements in or to the premises or to Management's equipment or fixtures in the premises. Resident shall not install any fixture or equipment without Management's prior written consent, and then only by contractors or mechanics first approved in writing by the Management. Any such installation by Resident without Management's prior written consent may be removed by Management, and Resident shall pay Management's cost thereon on the next monthly rental installment due date. In the event that Management's written consent is received, Resident shall cause such work to be done at such times and in such a manner as Management shall designate in writing and Resident shall pay for same in a prompt manner. Any mechanic's lien filed against the premises or the apartment community for work claimed to have been done for or materials claimed to have been furnished to Resident shall be discharged by the Resident within ten days thereafter. Management shall have the right, but not the obligation to pay or discharge any such mechanic's lien. If Management should elect to exercise this right, the Resident shall forthwith pay to management the amount so expended. 14. RULES AND REGULATIONS: Resident shall comply with all of the rules and regulations governing the premises and the apartment community and shall comply with all of Management's changes and additions to the rules and regulations. Failure to do so will result in the termination of a resident's lease. 15. DAMAGE BY FIRE OR OTHER CASUALTY: If the premises are partially damaged by fire or other casualty but can be restored to tenantable condition, Management shall repair the premises with reasonable dispatch. The Resident's obligation to pay rent shall be suspended during the time that the premises remain untenantable. If the premises are destroyed by fire or other casualty or if the premises cannot be restored to tenantable condition within a reasonable time, either party shall have the right to terminate this lease by written notice to the other party. Management is not liable for any damage to resident's furniture, clothes or other personal items due to casualty including but not limited to: water, wind, burst pipe, or leak in the roof, windows or side of the building. 16. WAIVER OF SUBROGATION: Each party releases the other party from any liability for loss, damage or injury caused by the fire or other casualty for which insurance.(permitting waiver of liability and waiver of insurer's rights of subrogation) is carried by the insured party to the extent of any recovery by the insured party under such insurance policy. Management at its sole expense shall obtain fire and extended coverage insurance covering the buildings in the apartment community. Resident, at Resident's sole expense, shall obtain fire and extended coverage insurance covering Resident's personal property in the premises and at the apartment community, i.e. "Renter's Insurance. " Initial: 1//55 17. EMINENT DOMAIN: If any part of the premises is condemned by any governmental authority, then this lease shall terminate as of the date that possession is taken by the governmental authority. Under this provision, Resident agrees to waive all rights to claim compensation from Management. 18. DEFAULT: If the Resident should default under this lease by failure to pay the rent when due, violate or fail to perform any of the terms, conditions, or obligations of this agreement, vacate or abandon the apartment before the end of the lease term, or if Resident's statements in the rental application are found to be incorrect or untrue; Management shall have the right to terminate this lease and to repossess the premises; and cause the Resident to vacate the premises in the manner provided by law. If this should occur, Resident shall pay Management the expense incurred in obtaining possession o f the premises and all other damages sus tained by Management to the extent permitted by law. 19. SEVERABILITY: If any provision of this lease should be or become invalid, such invalidity shall not in any way affect any of the other provisions of this lease which shall continue to remain in full force and effect. 20. WAIVER: If Management should waive any provisions of this lease, it shall not be construed as a waiver of a further breach of such provision. 21. MODIFICATIONS: No modification of this lease shall be binding unless in writing signed by the Resident and by an authorized agent of Management and countersigned by an officer of the management company. 22. RIGHT TO MORTGAGE: Management shall have the right to subordinate this lease to any mortgage now or hereafter placed on the premises or on the apartment community. At Management's request, Resident shall execute and deliver such documents as may be required in order to accomplish the purposes of this paragraph. 23. MORTGAGE: Financing for the Florida'Housing Finance Agency provided this apartment community, and Low Income Housing Tax Credits. The Tax Credit Program and other financing sources require an income certification by the resident certifying that all information set forth therein is true complete and correct. If any information contained within the certification should prove to be untrue, incomplete, or incorrect, Management has the right to terminate this lease. These income certifications shall be renewed annually. 24. LIABILITY: In the event that this lease should be signed as Resident by more than one person, then the liability of the persons signing shall be joint and several. 25. QUIET ENJOYMENT: Upon Resident paying the rent and.performing all of the other provisions of this lease, Management agrees that Resident shall peacefully and quietly have, hold and enjoy the premises during the term of this lease. 26. PETS: RESIDENT OR RESIDENT'S GUESTS SHALL KEEP NO PETS IN, AT OR ABOUT THE PREMISES. Initial: 4 V s 27. STORAGE OF PROPERTY: If Management should provide storage space, Resident's property shall only be stored in the space designated by Management. This storage space shall be subject to all applicable provisions of this lease. . 28. NOTICE OF INTENTION TO VACATE OR RENEW: At least thirty (30) days before the end of this lease, (i) if Management refuses to renew the lease, Management shall provide tenant with written notice specifying the grounds for said refusal, or (ii) if the tenancy will be renewed, Management shall notify Resident in writing of any increase/decrease in rent for the following year and Resident shall notify management in writing that Resident offers to sign a new lease at the rent set by Management in the manner permitted by law and subject to all provisions of this lease which may be applicable, or that the premises,will be vacated at the end of this lease. The Resident's written notice shall indicate the names and family relationship of each of the occupants. Notwithstanding anything herein to the contrary, Management shall not be obligated to enter a new lease. Resident shall deliver the keys of the premises to Management at the time Resident vacates premises. Any of Resident's property left in, at or about the premises at the time the Resident vacates the premises shall be deemed to be abandoned by the Resident and Resident hereby authorized Management to dispose of same as abandoned property. Until the keys are delivered to Management as evidenced by Management's receipt therefore, the Resident shall remain liable under this lease to the extent permitted by law. Keys shall be delivered to Management upon vacating the premises and in any event no later than 12:00 noon on the next business day following the expiration of the term of this lease and/or the Resident's vacating of the premises. (DOES NOT APPLY TO SECTION 8 TENANTS) 29. NOTICE OF INJURIES: In the event of any injuries to Tenant tenants family, guests, or invitee's or in the event of any damage to any of their property that is allegedly caused by the negligence of Management or its agents or employees, Tenant shall give Management a written notice of the occurrence of the injury or damage within five (5) days of the happening thereof. The written notice shall be delivered to Management at Management's office set forth in the introductory clause- preceding Paragraph 1 above, or at such other address, which Management should hereafter furnish in writing to the Tenant. Management shall not be liable for any injury, damage or loss resulting from any accident or occurrence, acts of other tenants, wrongful or criminal acts of any third party in or upon the building or your apartment sustained by you or any person claiming through you. 30. REMEDIES NOT EXCLUSIVE: Each and every of the rights, remedies and benefits provided by this lease shall be cumulative and shall not be exclusive of any other of said rights, remedies and benefits or of any other rights,remedies and benefits allowed by law. 31. LEASE BINDING: The provisions of this lease shall be binding upon and shall be for the benefit of Management and Tenant and their respective successors in interest. 32. ADDITIONAL DOCUMENTS: The Lessee hereby agrees to execute and deliver, if and to the extent necessary, any additional certifications, agreements and other documents as may be required from time to time by the Florida Housing Finance Agency with respect to the occupancy, prospective occupancy or continued occupancy of the Premises by the Lessee and all other occupants of the Premises. 33. RADON GAS DISCLOSURE STATEMENT: This disclosure is required by Florida Statutes 404.056(8): Radon is a naturally occurring radioactive gas that, when it is accumulated in a Initial: AV ,5 S building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. 34. AUDIT: Errors found through audit by Management in the term of lease or the amount of rent is grounds for correction to this lease agreement. 35. RETURN OF SECURITY DEPOSIT: Tenant promises to deliver the premises in good condition upon termination of tenancy. Management will deduct from your security deposit, the cost, if any, of doing the following work: Fixing any damage, defects, or deterioration to your apartment or building caused by you or an. occupant or guest of your apartment. Cleaning the.apartment, including the stove, oven, refrigerator, closets cabinets, tiles, etc. Removal and disposal of any garbage, trash or furniture left by you in the apartment. Removal of all nails screws fasteners from the walls or ceilings, and patching or plastering all holes. Cleaning and waxing all tiles floors. Cleaning the carpet and leaving it spotless and odorless. Re-keying or changing the lock due to failure to return keys. Curing any other violations by you of the terms of this lease. 36. NO BROKER: You represent that no agent or real estate broker, other than Miami Beach Community Development Corporation, has introduced you or shown you the apartment and that no other agent or broker is entitled to any commission in connection with this lease. You agree to indemnify the lessor with respect to any such claim. 37. TENANTS NON-MONETARY OBLIGATIONS: Tenant agrees not to make loud noise, play an instrument, radio or television so that it disturbs your neighbors or in any way breach the peace. If anyone in the building complains about noise from your apartment, you agree to immediately curtail the noise. You must respect other resident's privacy and right to quiet enjoyment. Keep air-filters, refrigerator, and plumbing facilities clean and sanitary. Remove and dispose of trash by bagging and disposing of trash only in the properly designated area of the building. Not use, keep, or store any toxic or flammable material considered hazardous by any insurance company. No bicycle is to be kept in the lobby, halls, or stairwells. You are fully responsible for the conduct and actions of all your guests and invitees. A $25 fine per incident will be assessed to any resident found to be in violation of the above conditions. 38. TERMINATION: In the event that Tenant violates paragraphs 14, 18, 23 or any other provisions of this Lease and Management elects to terminate this Lease, Management shall serve written notice to Tenant specifying the grounds for termination at least thirty (30) days before said termination. VIOLATION OF ANY PROVISION OF THIS LEASE MAY SUBJECT THIS LEASE TO TERMINATION AND DEPOSIT FORFEITURE. MANAGEMENT MIAMI BEACH COMMUNITY DEVELOPMENT CORP. TENANT(S) Initial: s S ' . , ( 1 1 (.' 1' 1,1 • 4.4e_ III MP",RL KENNED ,VICE P' : DENT 'USANA j RA And/or Magda antiso, / ��'►���, Director Property Manager and/or Property Management Agent ADILU VI:T KEYS RECEIVED: X Unit X Mail X Entry n/a Trash Room LOCKS: You agree not to change your lock or install any additional locks on any doors without the prior written approval by Management. In case of such approval, you must furnish Management with duplicate keys before installation of the lock(s). Addendum: Tenant shall notify Management/owner of intent to vacate the unit in the form of a 30- day written notice. Management/Owner shall notify tenant of intent of non-renewal in the form of a 30-day written notice.. (DOES NOT APPLY TO SECTION 8 TENANTS) Tenants responsibilities are to pay the following:Electric & telephone. Owner provides the following: Central a/c, water,garbage, sewer, range, refrigerator, ceiling fans & water-heater. THE LOTTIE APARTMENTS. C/O MBCDC DOES NOT DISCRIMINATE ON THE BASIS OF HANDICAPPED STATUS IN THE ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN, ITS FEDERALLY ASSISTED PROGRAMS AND ACTIVITIES. Initial: AV/5.5. • ATTACHMENTS TO THIS LEASE AGREEMENT The tenant certifies that he/she has received a copy of this Agreement and the following Attachment to this Agreement and understands that this Attachment is part of this Lease Agreement. A. Attachment#1 -Tenancy Addendum Section 8 Tenant-Based Assistance Housing Choice Voucher Program Initials: • Initial: • 2 Bdrm/2Bath 50 % AMI MBCDC: LOTTIE APARTMENTS LEASE AGREEMENT This lease agreement ("lease") is made this 28th, February, 2014 between Lessor: MBCDC: LOTTIE APARTMENTS. Whose address for the purpose of this lease is C/O MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, 945 PENNSYLVANIA AVENUE, MIAMI BEACH, FL 33139, (hereinafter "Management") and the Lessee [s]("Resident "/ "Tenant"): Rosselie Echavarria . In consideration of(a) Resident's representations in Resident's rental application, and (b) Resident's payment of the rent and performance of the other provisions of this lease, Management leases to Resident apartment UNIT 108 ("premises") in the apartment community known as "MBCDC LOTTIE APARTMENTS, LLC located at 530 — 75th Street, Miami Beach, Florida 33141 OCCUPANCY: Only the following individuals may occupy the premises: NAME RELATIONSHIP Rosselie Echavarria Head of Household Manny Medina Son Lease expires: February 28th, 2015 1. TERM: This lease shall be 12 months beginning the 1St March, 2014 .If resident takes possession .of the premises prior to the commencement date of this lease, Resident shall pay rent at the rate and in the manner required by this lease and such possession in all other respects shall be subject to the applicable provisions of this lease. 2. RENT: During the term of this lease, Resident shall pay as rent $8,052.00/year payable in monthly installments of$671.00 in advance on or before the first day of each month commencing with the commencement date of this lease. If Resident does not pay the monthly installment of rent in a sufficiently timely manner so as to permit-.its receipt by Management on or before the due date, Resident shall deliver and pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. The rent includes the following utilities:, WATER, SEWER AND GARBAGE. Resident will pay all other utility charges including Initial: electric, telephone, and cable television. Light bulbs and air-filters are to be replaced at the expense of each resident. Resident shall not waste or misuse any utilities furnished by Management. 3. LATE CHAR GE AND RETURN CHECK CHARGE: Resident shall pay a late charge of $10.00 if the monthly installment of rent is not received by Management by the FIFTH (5TH) day of the month in which it is due, PLUS $5.00 PER DAY THEREAFTER until the amount due is paid ill full. Resident shall in addition to the late charge also pay Management a $30.00 processing charge for any Resident's check which is returned because of insufficient funds (NSF), a closed account or any other similar cause. ALL payments made to replace insufficient (NSF) checks MUST be made by Money Order, Certified Check or Cashier's Check and Management shall reserve the right to require Resident to pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. Rent shall not be considered paid until actually received by management. 4. ACCELERATION: If Resident should default under this lease, Management shall have the right to accelerate the payment of the rent reserved for the balance of the term of this lease and declare said amount due and payable to Management forthwith. If Management should elect to accelerate as above provided, Resident may not be liable for the total accelerated amount claimed by Management becauseof Management's obligation to minimize damages, and either Management or Resident may have a court determine the actual amount, if any, owed by Resident as a result of Management's acceleration. 5. ADDITIONAL CHARGES: If the Resident should default under this lease requiring Management to take legal action and Management prevails in said legal action, Resident shall pay all of Management's attorney's fees and other charges, costs, expenses and damages no later than the next monthly rental installment due date. 6. SECURITY DEPOSIT: Resident hereby deposits with Management the sum of $707.00 (PAID) as a security deposit under this Lease Agreement, the receipt of which is hereby acknowledged, which sum shall be held by Management in a separate non-interest bearing account and upon the following terms and conditions: N_PAYMENT ARRANGEMENT A. As security for the performance by residents of all the terms, conditions and covenants of this Lease Agreement; and B. If resident breaks the lease, or moves out before the end of lease term, or in the event of default of any kind or nature by Resident, then in such an event Management shall be deemed authorized to retain security deposit as liquidated, stipulated and agreed upon damages, or Management may offset security deposit against actual loss or damage sustained by Management; provided, however, that in no event shall Management be deprived of any other remedy, whether at law or equity or reserved by the.terms of this Lease Agreement, regardless of retention by Management of the security deposit;RESIDENT MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT and C. Within 15 days from the expiration of the term of this Lease Agreement, and in the event that there has been no default of any kind whatsoever on the part of Resident, said security deposit shall be returned to Resident or the Management shall give written notice of Management's intention to impose a claim against said security deposit on account of loss or damage to real property or to the Initial: items constituting fixtures-in demised premises, reasonable wear and tear expected. D. The fact that Management holds a security deposit shall not affect Management's right to obtain possession of the premises for non-payment of rent. E. Lessee MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT. If during the term of this lease the lessor elects to apply all or part of the security deposit to cure a violation committed by the lessee, then within 3 days after notice from the lessor, the lessee agrees to pay sufficient monies to restore the security deposit to the original sum deposited. 7. PURPOSE: Resident are to occupy the premises only as a private residential dwelling. 8. POSSESSION: Resident shall not be entitled to possession of the premises until (a) Resident and Management have signed this lease, and (b) the prior Resident has vacated the premises and (c) Resident has paid the rent for the first month of the lease term and the security deposit. If the Resident is unable to take possession at the commencement date of the lease because the premises are not ready for occupancy or because a prior Resident is holding over or because of any cause beyond Management's control, the lease term will begin on the first day of the following month provided that possession can be delivered to the Resident by that time. If possession cannot be delivered by that time, either party to this lease shall have the right to terminate this lease. 9. ASSIGNMENT AND SUBLEASE: Resident shall not assign this lease nor sublet the premises without first obtaining Management's written consent. Any sublease shall be on Management's sublease form and shall be signed by all persons therein designated. 10. USE OF PREMISES: Resident shall use and occupy the premises in a clean and wholesome manner and in compliance with all applicable governmental requirements, including all public health, police and fire regulations relating to such use and occupancy to the full extent required by law. Resident shall not use or operate any equipment or machinery that is harmful to the premises or to the apartment, community or that is disturbing to other residents of the apartment community. Resident shall not employ any person or persons in or about the premises whose employment may by law constitute or create a liability on the part of Management. Resident shall not hire as Resident's employee any of Management's employees to perform any services at the apartment community. 11. CONDITION OF PREMISES AND REPAIRS BY RESIDENT: Resident acknowledges that Management has made no representations regarding the condition or state of repairs of the premises except as expressly set forth in this lease. RESIDENT AGREES TO BE RESPONSIBLE FOR, AND TO REPAIR AT RESIDENT'S EXPENSE, ANY DAMAGE THAT OCCURS DURING THE TERM OF THIS LEASE. Resident agrees to pay any damage done to the premises caused by resident's misuse, recklessness or neglect, willful or otherwise. Resident shall not cause, allow or permit any waste, misuse or neglect of the premises and shall pay in advance for the repair of any damages so caused by resident or resident's guest. During the term of this lease, the Resident shall keep the premises in good repair to the full extent required by law, and at the expiration of the term of this lease the Resident shall return the premises to Management in as good condition as when taken, except for reasonable use and wear. If the Resident should fail to make required repairs and replacements, then Management shall have the right to enter the premises without causing or constituting a termination of this lease, and at the Initial: • Resident's cost, make the required repairs or replacement. Resident shall pay the lawful expenses so incurred on the next ensuing monthly rental installment due date. Management shall also have the right to enter the premises without causing or constituting a termination of this lease, in order to install a separate meter to measure the consumption of heating fuel or other utilities at the premises in the event that Management should decide to do so, Management's entry into the premises shall be at reasonable times and in the mariner prescribed by law. 12. ACCESS TO PREMISES: Management shall have reasonable access to the premises to the extent permitted by law.• You agree to allow management to enter your apartment for inspection, extermination, or to make necessary repairs or improvements. 13. ALTERATIONS: Resident shall make no alterations, decorations, additions or improvements in or to the premises or to Management's equipment or fixtures in the premises. Resident shall not install any fixture or equipment without Management's prior written consent, and then only by contractors or mechanics first approved in writing by the Management. Any such installation by Resident without Management's prior written consent may be removed by Management, and Resident shall pay Management's cost thereon on the next monthly rental installment due date. In the event that Management's written consent is received, Resident shall cause such work to be done at such times and in such a manner as Management shall designate in writing and Resident shall pay for same in a prompt manner. Any mechanic's lien filed against the premises or the apartment community for work claimed to have been done for or materials claimed to have been furnished to Resident shall be discharged by the Resident within ten days thereafter. Management shall have the right, but not the obligation to pay or discharge any such mechanic's lien. If Management should elect to exercise this right, the Resident shall forthwith pay to management the amount so expended. 14. RULES AND REGULATIONS: Resident shall comply with all of the rules and regulations governing the premises and the apartment community and shall comply with all of Management's changes and additions to the rules and regulations. Failure to.do so will result in the termination of a resident's lease. 15. DAMAGE BY FIRE OR OTHER CASUALTY: If the premises are partially damaged by fire or other casualty but can be restored to tenantable condition, Management shall repair the premises with reasonable dispatch. The Resident's obligation to pay rent shall be suspended during the time that the premises remain untenantable. If the premises are destroyed by fire or other casualty or if the premises cannot be restored to tenantable condition within a reasonable time, either party shall have the right to terminate this lease by written notice to the other party. Management is not liable for any damage to resident's furniture, clothes or other personal items due to casualty including but not limited to: water, wind, burst pipe, or leak in the roof, windows or side of the building. 16. WAIVER OF SUBROGATION: Each party releases the other party from any liability for loss, damage or injury caused by the fire or other casualty for which insurance (permitting waiver of liability and waiver of insurer's rights of subrogation) is carried by the insured party to the extent of any recovery by the insured party under such insurance policy. Management at its sole expense shall obtain fire and extended coverage insurance covering the buildings in the apartment community. Resident, at Resident's sole expense, shall obtain .fire and extended coverage insurance covering Resident's personal property in the premises and at the apartment community, i.e. "Renter's Insurance. " Initial: c • 17. EMINENT DOMAIN: If any part of the premises is condemned by any governmental authority, then this lease shall terminate as of the date that possession is taken by the governmental authority. Under this provision, Resident agrees to waive all rights to claim compensation from Management. 18. DEFAULT: If the Resident should default under this lease by failure to pay the rent when due, violate or fail to perform any of the terms, conditions, or obligations of this agreement, vacate or abandon the apartment before the end of the lease term, or if Resident's statements in the rental application are found to be incorrect or untrue; Management shall have the right to terminate this lease and to repossess the premises; and cause the Resident to vacate the premises in the manner provided by law. If this should occur, Resident shall pay Management the expense incurred in obtaining possession of the premises and all other damages sustained by Management to the extent permitted by law. 19. SEVERABILITY: If any provision of this lease should be or become invalid, such invalidity shall not in any way affect any of the other.provisions of this lease which shall continue to remain in full force and effect. 20. WAIVER: If Management should waive any provisions of this lease, it shall not be construed as a waiver of a further breach of such provision. 21. MODIFICATIONS: No modification of this lease shall be binding unless in writing signed by the Resident and by an authorized agent of Management and countersigned by an officer of the management company. 22. RIGHT TO MORTGAGE: Management shall have the right to subordinate this lease to any mortgage now or hereafter placed on the premises or on the apartment community. At Management's request, Resident shall execute and deliver such..documents_as may be required in order to accomplish the purposes of this paragraph. 23. MORTGAGE: Financing for the Florida Housing Finance Agency provided this apartment community, and Low Income Housing Tax Credits. The Tax Credit Program and other financing sources require an income certification by the resident certifying that all information set forth therein is true complete and correct. If any information contained within the certification should prove to be untrue, incomplete, or incorrect, Management has the right to terminate this lease. These income certifications shall be renewed annually. 24. LIABILITY: In the event that this lease should be signed as Resident by more than one person, then the liability of the persons signing shall be joint and several. 25. QUIET ENJOYMENT: Upon Resident paying the rent and performing all of the other provisions of this lease, Management agrees that Resident shall peacefully and quietly have, hold and enjoy the premises during the term of this lease. 26. PETS: RESIDENT OR RESIDENT'S GUESTS SHALL KEEP NO PETS IN, AT OR ABOUT THE PREMISES. Initial: 27. STORAGE OF PROPERTY: If Management should provide storage space, Resident's property shall only be stored in the space designated by Management. This storage space shall be subject to all applicable provisions of this lease. 28. NOTICE OF INTENTION TO VACATE OR RENEW: At least thirty (30) days before the end of this lease, (i) if Management refuses to renew the lease, Management shall provide tenant with written notice specifying the grounds. for said refusal, or (ii) if the tenancy will be renewed, Management shall notify Resident in writing of any increase/decrease in rent for the following year and Resident shall notify management in writing that Resident offers to sign a new lease at the rent set by Management in the manner permitted by law and subject to all provisions of this lease which may be applicable, or that the premises will be vacated at the end of this lease. The Resident's written notice shall indicate the names and family relationship of each of the occupants. Notwithstanding anything herein to the contrary, Management shall not be obligated to enter a new lease. Resident shall deliver the keys of the premises to Management at the time Resident vacates premises. Any of Resident's property left in, at or about the premises at the time the Resident vacates the premises shall be deemed to be abandoned by the Resident and Resident hereby authorized Management to dispose of same as abandoned property. Until the keys are delivered to Management as evidenced by Management's receipt therefore, the Resident shall remain liable under this lease to the extent permitted by law. Keys shall be delivered to Management upon vacating the premises and in any event no later than 12:00 noon on the next business day following the expiration of the term of this lease and/or the Resident's vacating of the premises. (DOES NOT APPLY TO SECTION 8 TENANTS), 29. NOTICE OF INJURIES: In the event of any injuries to Tenant tenants family, guests, or invitee's or in the event of any damage to any of their property that is allegedly caused by the negligence of Management or its agents or employees, Tenant shall give Management a written notice of the occurrence of the injury or damage within five (5) days of the happening thereof. The written notice shall be delivered to Management at Management's office set forth in the introductory clause- preceding Paragraph 1.above, or at such other address, which.Management_should hereafter furnish in writing to the Tenant. Management shall not be liable for any injury, damage or loss resulting from any accident or occurrence, acts of other tenants, wrongful or criminal acts of any third party in or upon the building or your apartment sustained by you or any person claiming through you. • 30. REMEDIES NOT EXCLUSIVE: Each and every of the rights, remedies and benefits provided by this lease shall be cumulative and shall not be exclusive of any other of said rights, remedies and benefits or of any other rights, remedies and benefits allowed by law. 31. LEASE BINDING: The provisions of this lease shall be binding upon and shall be for the benefit of Management and Tenant and their respective successors in interest. 32. ADDITIONAL DOCUMENTS: The Lessee hereby agrees to execute and deliver, if and to the extent necessary, any additional certifications, agreements and other documents as may be required from time to time by the Florida Housing Finance Agency with respect to the occupancy, prospective occupancy or continued occupancy of the Premises by the Lessee and all other occupants of the Premises. 33. RADON GAS DISCLOSURE STATEMENT: This disclosure is required by Florida Statutes 404.056(8): Radon is a naturally occurring radioactive gas that, when it is accumulated in a Initial: • l • building in sufficient quantities, may present health risks to persons who are exposed to it over time. . Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. 34. AUDIT: Errors found through audit by Management in the term of lease or the amount of rent is grounds for correction to this lease agreement. 35. RETURN OF SECURITY DEPOSIT: Tenant promises to deliver the premises in good condition upon termination of tenancy. Management will deduct from your security deposit, the cost, if any, of doing the following work: Fixing any damage, defects, or deterioration to your apartment or building caused by you or an occupant or guest of your apartment. Cleaning the apartment, including the stove, oven, refrigerator, closets cabinets, tiles, etc. Removal and disposal of any garbage, trash or furniture left by you in the apartment. Removal of all nails screws fasteners from the walls or ceilings, and patching or plastering all holes. Cleaning and waxing all tiles floors. Cleaning the carpet and leaving it spotless and odorless. Re-keying or changing the lock due to failure to return keys. Curing any other violations by you of the terms of this lease. 36. NO BROKER: You represent that no agent or real estate broker, other than Miami Beach Community Development Corporation, has introduced you or shown you the apartment and that no other agent or broker is entitled to any commission in connection with this lease. You agree to indemnify the lessor with respect to any such claim. 37. TENANTS NON-MONETARY OBLIGATIONS: Tenant agrees not to make loud noise, play an instrument, radio or television so that it disturbs your neighbors or in any way breach the peace. If anyone in the building.complains about noise from your apartment, you agree to immediately curtail the noise. You must respect other resident's privacy and right to quiet enjoyment. Keep air-filters, refrigerator, and plumbing facilities clean and sanitary. Remove and dispose of trash by bagging and disposing of trash only in the properly designated area of the building. Not use, keep, or store any toxic or flammable material considered hazardous by any insurance company. No bicycle is to be kept in the lo bby, halls, or stairwells. You are fully responsible for the conduct and actions of all your guests and invitees. A $25 fine per incident will be assessed to any resident found to be in violation of the above conditions. 38. TERMINATION: In the event that Tenant violates paragraphs 14, 18, 23 or any other provisions of this Lease and Management elects to terminate this Lease, Management shall serve written notice to Tenant specifying the grounds for termination at least thirty (30) days before said termination. VIOLATION OF ANY PROVISION OF THIS LEASE MAY SUBJECT THIS LEASE TO TERMINATION AND DEPOSIT FORFEITURE. MANAGEMENT MIAMI BEACH COMMUNITY DEVELOPMENT CORP. TENANT(S) Initial: • • 'N S RUSS,ACTING EXECU IV ROSSELIE ECHAVARRIA DIRECTOR AND/O' PROPERTY MANA 1 GMENT AGENT KEYS RECEIVED: X Unit X Mail X Entry n/a Trash Room LOCKS: You agree not to change your lock or install any additional locks on any doors without the prior written approval by Management. In case of such approval, you must furnish Management with duplicate keys before installation of the lock(s). Addendum: Tenant shall notify Management/owner of intent to vacate the unit in the form of a 30- day written notice. Management/Owner shall notify tenant of intent of non-renewal in the form of a 30-day written notice.. (DOES NOT APPLY TO SECTION 8 TENANTS) Tenants responsibilities are to pay the,following:Electric& telephone. Owner provides the following: Central a/c, water,garbage, sewer, range, refrigerator, ceiling fans& water-heater. THE LOTTIE APARTMENTS. C/O MBCDC DOES NOT DISCRIMINATE ON THE BASIS OF HANDICAPPED STATUS IN THE ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN, ITS FEDERALLY ASSISTED PROGRAMS AND ACTIVITIES. Initial: � ��. • l ATTACHMENTS TO THIS LEASE AGREEMENT The tenant certifies that he/she has received a copy of this Agreement and the following Attachment to this Agreement and understands that this Attachment is part of this Lease Agreement. A. Attachment#1 - Tenancy Addendum Section 8 Tenant- Based Assistance Housing Choice Voucher Program Initials: //27� Initial: ir21"---- 2 Bdrm/2Bath • 50 % AMI • MBCDC: LOTTIE APARTMENTS LEASE AGREEMENT This lease agreement ("lease") is made this 28th, March, 2014 between Lessor: MBCDC: LOTTIE APARTMENTS. Whose address for the purpose of this . lease is C/O MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, 945 PENNSYLVANIA AVENUE, MIAMI BEACH, FL 33139, (hereinafter "Management") and the Lessee [s]("Resident "/ "Tenant"): Marcia V. Guerrero . In consideration of (a) Resident's representations in Resident's rental application, and (b) Resident's payment of the rent and performance of the other provisions of this lease, Management leases to Resident apartment UNIT 109 ("premises") in the apartment community known as "THE LOTTIE APARTMENTS located at 530 75th' Street, Miami Beach,Florida 33140 OCCUPANCY: Only the following individuals may occupy the premises: NAME RELATIONSHIP Marcia V. Guerrero Head of Household Sofia C. Obispo DAUGHTER Emely V. Olivares DAUGHTER Alejandro M. Olivares SON Lease expires: March 31st, 2015 • shall be 12 months be innin 1. TERM: This lease sh g g the 1St April, 2014 .If resident takes possession of the premises prior to the commencement date of this lease, Resident shall pay rent at the rate and in the manner required by this lease and such possession in all other respects shall be subject to the applicable provisions of this lease. 2. RENT: During the term of this lease, Resident shall pay as rent$ 8,052.00/year payable in monthly installments of$671.00 in advance on or before the first day of each month commencing with the commencement date of this lease. If Resident does not pay the monthly installment of rent in a sufficiently timely manner so as to permit its receipt by Management on or before the due date, Resident shall deliver and pay the monthly installment of rent by Money Order, Certified Check or Initial: 1 \4 G Cashier's Check. The rent includes the following utilities:, WATER, SEWER AND . GARBAGE. Resident will pay all other utility charges including electric, telephone,.and cable television. Light bulbs and air-filters are to be replaced at the expense of each resident. Resident shall not waste or misuse any utilities furnished by Management. 3. LATE CHARGE AND RETURN CHECK CHARGE: Resident shall pay a late charge of $10.00 if the monthly installment of rent is not received by Management by the FIFTH (5TH) day of the month in which it is due, PLUS $5.00 PER DAY THEREAFTER until the amount due is paid in full. Resident shall in addition to the late charge also pay Management a $30.00 processing charge for any Resident's check which is returned because of insufficient funds (NSF), a closed account or any other similar cause. ALL payments made to replace insufficient (NSF) checks MUST be made by Money Order, Certified Check or Cashier's Check and Management shall reserve the right to require Resident to pay the monthly installment of rent by Money Order, Certified Check or Cashier's Check. Rent shall not be considered paid until actually received by management. 4. ACCELERATION: If Resident should default under this lease, Management shall have the right to accelerate the payment of the rent reserved for the balance of the term of this lease and declare said amount due and payable to Management forthwith. If Management should elect to accelerate as above provided, Resident may not be liable for the total accelerated amount claimed by Management becauseof Management's obligation to minimize damages, and either Management or Resident may have a court determine the actual amount, if any, owed by Resident as a result of Management's acceleration. 5. ADDITIONAL CHARGES: If the Resident should default under this lease requiring Management to take legal action and Management prevails in said legal action, Resident shall pay all of Management's attorney's fees and other charges, costs, expenses and damages no later than the next monthly rental installment due date. 6. SECURITY DEPOSIT: Resident hereby deposits with Management the sum of $707.00 (PAID) as a security deposit under this Lease Agreement, the receipt of which is hereby acknowledged, which sum shall be held by Management in a separate non-interest bearing account and upon the following terms and conditions: N/A PAYMENT ARRANGEMENT A. As security for the performance by residents of all the terms, conditions and covenants of this Lease Agreement; and . B. If resident breaks the lease, or moves out before the end of lease term, or in the event of default of any kind or nature by Resident, then in such an event Management shall be deemed authorized to retain security deposit as liquidated, stipulated and agreed upon damages, or Management may offset security deposit against actual loss or damage sustained by Management; provided, however, that in no event shall Management be deprived of any other remedy, whether at law or equity or reserved by the terms of this Lease Agreement, regardless of retention by Management of the security deposit;RESIDENT MAY NOT USE THE SECURITY DEPOSIT TO PAYMENT and C. Within 15 days from the expiration of the term of this Lease Agreement, and in the event that there has been no default of any kind whatsoever on the part of Resident, said security deposit shall • Initial: Ne\a, be returned to Resident or the Management shall give written notice of Management's intention to impose a claim against said security deposit on account of loss or damage to real property or to the items constituting fixtures in demised premises, reasonable wear and tear expected. D. The fact that Management holds a security deposit shall not affect Management's right to obtain possession of the premises for non-payment of rent. E. Lessee MAY NOT USE THE SECURITY DEPOSIT TO PAY RENT. If during the term of this lease the lessor elects to apply all or part of the security deposit to cure a violation committed by the lessee, then within 3 days after notice from the lessor, the lessee agrees to pay sufficient monies to restore the security deposit to the original sum deposited. 7. PURPOSE: Resident are to occupy the premises only as a private residential dwelling. 8. POSSESSION: Resident shall not be entitled to possession of the premises until (a)Resident and Management have signed this lease, and (b) the prior Resident has vacated the premises and (c) Resident has paid the rent for the first month of the lease tern and the security deposit. If the Resident is unable to take possession at the commencement date of the lease because the premises are not ready for occupancy or because a prior Resident is holding over or because of any cause beyond Management's control, the lease term will begin on the first day of the following month provided that possession can be delivered to the Resident by that time. If possession cannot be delivered by that time, either party to this lease shall have the right to terminate this lease. 9. ASSIGNMENT AND SUBLEASE: Resident shall not assign this lease nor sublet the premises without first obtaining Management's written consent. Any sublease shall be on Management's sublease form and shall be signed by all persons therein designated. 10. USE OF PREMISES: Resident shall use and occupy the premises in a clean and wholesome manner and in compliance with all applicable governmental requirements, including all public health, police and fire regulations relating to such use and occupancy to the full extent required by law. Resident shall not use or operate any equipment or machinery that is harmful to the premises or to the apartment, community or that is disturbing to other residents of the apartment community. Resident shall not employ any person or persons in or about the premises whose employment may by law constitute or create a liability on the part of Management. Resident shall not hire as Resident's employee any of Management's employees to perform any services at the apartment community. 11. CONDITION OF PREMISES AND REPAIRS BY RESIDENT: Resident acknowledges that Management has made no representations regarding the condition or state of repairs of the premises except as expressly set forth in this lease. RESIDENT AGREES TO BE RESPONSIBLE FOR, AND TO REPAIR AT RESIDENT'S EXPENSE, ANY DAMAGE THAT OCCURS DURING THE TERM OF THIS LEASE. Resident agrees to pay any damage done to the premises caused by resident's misuse, recklessness or neglect, willful or otherwise. Resident shall not cause, allow or permit any waste, misuse or neglect of the premises and shall pay in advance for the repair of any damages so caused by resident or resident's guest. During the term of this lease, the Resident shall keep the premises in good repair to the full extent required by law, and at the expiration of the term of this lease the Resident shall return the premises to Management in as good condition as when taken, except for reasonable use and wear. Initial: 1\(\G If the Resident should fail to make required repairs and replacements, then Management shall have the right to enter the premises without causing or constituting a termination of this lease, and at the Resident's cost, make the required repairs or.replacement. Resident shall pay the lawful expenses so incurred on the next ensuing monthly rental installment due date. Management shall also have the right to enter the premises without causing or constituting a termination of this lease, in order to install a separate meter to measure the consumption of heating fuel or other utilities at the premises in the event that Management should decide to do so, Management's entry into the premises shall be at reasonable times and in the manner prescribed by law. 12. ACCESS TO PREMISES: Management shall have reasonable access to the premises to the extent permitted by law. You agree to allow management to enter your apartment for inspection, extermination, or to make necessary repairs or improvements. 13. ALTERATIONS:• Resident shall make •no alterations, decorations, additions or improvements in or to the premises or to Management's equipment or fixtures in the premises. Resident shall not install any fixture or equipment without Management's prior written consent, and then only by contractors or mechanics first approved in writing by the Management. Any such installation by Resident without Management's prior written consent may be removed by Management, and Resident shall pay Management's cost thereon on the next monthly rental installment due date. In the event that Management's written consent is received, Resident shall cause such work to be done at such times and in such a manner as Management shall designate in writing and Resident shall pay for same in a prompt manner. Any mechanic's lien filed against the premises or the apartment community for work claimed to have been done for or materials claimed to have been furnished to Resident shall be discharged by the Resident within ten days thereafter. Management shall have the right,but not the obligation to pay or discharge.any such mechanic's lien. If Management should elect to exercise this right, the Resident shall forthwith pay to management the amount so expended. 14. RULES AND REGULATIONS: Resident shall comply with all of the rules and regulations governing the premises and the apartment community and shall comply with all of Management's changes and additions to the rules and regulations. Failure to do so will result in the termination of a resident's lease. 15. DAMAGE BY FIRE OR OTHER CASUALTY: If the premises are partially damaged by fire or other casualty but can be restored to tenantable condition, Management shall repair the premises with reasonable dispatch. The Resident's obligation to pay rent shall be suspended during the time that the premises remain untenantable. If the premises are destroyed by fire or other casualty or if the premises cannot be restored to tenantable condition within a reasonable time, either party shall have the right to terminate this lease by written notice to the other party. Management is not liable for any damage to resident's furniture, clothes or other personal items due to casualty including but not limited to: water, wind, burst pipe, or leak in the roof, windows or side of the building. 16. WAIVER OF SUBROGATION: Each party releases the other party from any liability for loss, damage or injury caused by the fire or other casualty for which insurance (permitting waiver of liability and waiver of insurer's rights of subrogation) is carried by the insured party to the extent of any recovery by the insured party under such insurance policy. Management at its sole expense shall obtain fire and extended coverage insurance covering the buildings in the apartment community. Resident, at Resident's sole expense, shall obtain fire and extended coverage insurance covering Initial: ki\G • Resident's personal property in the premises and at the apartment community, i.e. "Renter's Insurance. " 17. EMINENT DOMAIN: If any part of the premises is condemned by any governmental authority, then this lease shall terminate as of the date that possession is taken by the governmental authority. Under this provision, Resident agrees to waive all rights to claim compensation from Management. 18. DEFAULT: If the Resident should default under this lease by failure to pay the rent when due, violate or fail to perform any of the terms, conditions, or obligations of this agreement, vacate or abandon the apartment before the end of the lease term, or if Resident's statements in the rental application are found to be incorrect or untrue; Management shall have the right to terminate this lease and to repossess the premises; and cause the Resident to vacate the premises in the manner provided by law. If this should occur, Resident shall_pay Management the expense incurred in obtaining possession of the premises and all other damages sustained by Management to the extent permitted by law. 19. SEVERABILITY: If any provision of this lease should be or become invalid, such invalidity shall not in any way affect any of the other provisions of this lease which shall continue to remain in full force and effect. 20. WAIVER: If Management should waive any provisions of this lease, it shall not be construed as a waiver of a further breach of such provision. 21. MODIFICATIONS: No modification of this lease shall be binding unless in writing signed by the Resident and by an authorized agent of Management and countersigned by an officer of the management company. 22. RIGHT TO MORTGAGE: Management shall have the right to subordinate this lease to any mortgage now or hereafter placed on the premises or on the apartment community. At Management's request, Resident shall execute and deliver such documents as may be required in order to accomplish the purposes of this paragraph. 23. MORTGAGE: Financing for the Florida Housing Finance Agency provided this apartment community, and Low Income Housing Tax Credits. The Tax Credit Program and other financing sources require an income certification by the resident certifying that all information set forth therein is true complete and correct._ If any information contained within the certification should prove to be untrue, incomplete, or incorrect, Management has the right to terminate this lease. These income certifications shall be renewed annually. 24. LIABILITY: In the event that this lease should be signed as Resident by more than one person, then the liability of the persons signing shall be joint and several. 25. QUIET ENJOYMENT: Upon Resident paying the rent and performing all of the other provisions of this lease, Management agrees that Resident shall peacefully and quietly have, hold and enjoy the premises during the term of this lease. Initial: { 26. PETS: RESIDENT OR RESIDENT'S GUESTS SHALL KEEP NO PETS IN, AT OR ABOUT THE PREMISES. 27. STORAGE OF PROPERTY: If Management should provide storage space, Resident's property shall only be stored in the space designated by Management. This storage space shall be subject to all applicable provisions of this lease. 28. NOTICE OF INTENTION TO VACATE OR RENEW: At least thirty (30) days before the end of this lease, (i) if Management refuses to renew the lease, Management shall provide tenant with written notice specifying the grounds for said refusal, or (ii) if the tenancy will be renewed, Management shall notify Resident in writing of any increase/decrease in rent for the following year and Resident shall notify management in writing that Resident offers to sign a new lease at the rent set by Management in the manner permitted by law and subject to all provisions of this lease which may be applicable, or that the premises will be vacated at.the.end of this lease. The Resident's written notice shall indicate the names and family relationship of each of the occupants. Notwithstanding anything herein to the contrary, Management shall not be obligated to enter a new lease. Resident shall deliver the keys of the premises to Management at the time Resident vacates premises. Any of Resident's property left in, at or about the premises at the time the Resident vacates the premises shall be deemed to be abandoned by the Resident and Resident hereby authorized Management to dispose of same as abandoned property. Until the keys are delivered to Management as evidenced by Management's receipt therefore, the Resident shall remain liable under this lease to the extent permitted by law. Keys shall be delivered to Management upon vacating the premises and in any event no later than 12:00 noon on the next business day following the expiration of the term of this lease and/or the Resident's vacating of the premises. (DOES NOT APPLY TO SECTION 8 TENANTS) 29. NOTICE OF INJURIES: In the event of any injuries to Tenant tenants family, guests, or invitee's or in the event of any damage to any of their property that is allegedly caused by the negligence of Management or its agents or employees, Tenant shall give Management a written notice of the occurrence of the injury or damage within five (5) days of the happening thereof The written notice shall be delivered to Management at Management's office set forth in the introductory clause- preceding Paragraph 1 above, or at such other address, which Management should hereafter furnish in writing to the Tenant. Management shall not be liable for any injury, damage or loss resulting from any accident or occurrence, acts of other tenants, wrongful or criminal acts of any third party in or upon the building or your apartment sustained by you or any person claiming through you. 30. REMEDIES NOT EXCLUSIVE: Each and every of the rights, remedies and benefits provided by this lease shall be cumulative and shall not be exclusive of any other of said rights, remedies and benefits or of any other rights, remedies and benefits allowed by law. 31. LEASE BINDING: The provisions of this lease shall be binding upon and shall be for the benefit of Management and Tenant and their respective successors in interest. 32. ADDITIONAL DOCUMENTS: The Lessee hereby agrees to execute and deliver, if and to the extent necessary, any additional certifications, agreements and other documents as may be required from time to time by the Florida Housing Finance Agency with respect to the occupancy, prospective occupancy or continued occupancy of the Premises by the Lessee and all other occupants of the Premises. Initial: IV\CO • 33. RADON GAS DISCLOSURE STATEMENT: This disclosure is required by Florida Statutes 404.056(8): Radon is a naturally occurring radioactive gas that, when it is accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit. 34. AUDIT: Errors found through audit by Management in the term of lease or the amount of rent is grounds for correction to this lease agreement. 35. RETURN OF SECURITY DEPOSIT: Tenant promises to deliver the premises in good condition upon termination of tenancy. Management will deduct from your security deposit, the cost, if any, of doing the following work: Fixing any damage, defects, or deterioration to your apartment or building caused by you or an occupant or guest of your apartment. Cleaning the apartment, including the stove, oven, refrigerator, closets cabinets, tiles, etc. Removal and disposal of any garbage, trash or furniture left by you in the apartment. Removal of all nails screws fasteners from the walls or ceilings, and patching or plastering all holes. Cleaning and waxing all tiles floors. Cleaning the carpet and leaving it spotless and odorless. Re-keying or changing the lock due to failure to return keys. Curing any other violations by you of the terms of this lease. 36. NO BROKER: You represent that no agent or real estate broker, other than Miami Beach Community Development Corporation, has introduced you or shown you the apartment and that no other agent or broker is entitled to any commission in connection with this lease. You agree to indemnify the lessor with respect to any such claim. 37. TENANTS NON-MONETARY OBLIGATIONS: Tenant agrees not to make loud noise, play an instrument, radio or television so that it disturbs your neighbors or in any way breach the peace. If anyone in the building complains about noise from your apartment, you agree to immediately curtail the noise. You must respect other resident's privacy and right to quiet enjoyment. Keep air-filters, refrigerator, and plumbing facilities clean and sanitary. Remove and dispose of trash by bagging and disposing of trash only in the properly designated area of the building. Not use, keep, or store any toxic or flammable material considered hazardous by any insurance company. No bicycle is to be kept in the lobby, halls, or stairwells. You are fully responsible for the conduct and actions of all your guests and invitees. A $25 fine per incident will be assessed to any resident found to be in violation of the above conditions. 38.TERMINATION: In the event that Tenant violates paragraphs 14, 18, 23 or any other provisions of this Lease and Management elects to terminate this Lease, Management shall serve written notice to Tenant specifying the grounds for termination at least thirty (30) days before said termination. VIOLATION OF ANY PROVISION OF THIS LEASE MAY SUBJECT THIS LEASE TO TERMINATION AND DEPOSIT FORFEITURE. Initial: I\1\ MANAGEMENT MIAMI BEACH COMMUNITY DEVELOPMENT CORP. TENANT(S) B . u 'L KENNE ,VIC 'RESIDENT MARCIA V.GUERRERO and/or Property Management Agent KEYS RECEIVED: X Unit X Mail X Entry n/a Trash Room LOCKS: You agree not to change your lock or install any additional locks on any doors without the prior written approval by Management. In case of such approval, you must furnish Management with duplicate keys before installation of the lock(s). Addendum: Tenant shall notify Management/owner of intent to vacate the unit in the form of a 30- day written notice. Management/Owner shall notify tenant of intent of non-renewal in the form of a 30-day written notice.. (DOES NOT APPLY TO SECTION 8 TENANTS) Tenants responsibilities are to pay the following:Electric& telephone. Owner provides the following: Central a/c, water,garbage, sewer, range, refrigerator, ceiling fans & water-heater. THE LOTTIE APARTMENTS. C/O MBCDC DOES NOT DISCRIMINATE ON THE BASIS OF HANDICAPPED STATUS IN THE ADMISSION OR ACCESS TO, OR TREATMENT OR EMPLOYMENT IN,ITS FEDERALLY ASSISTED PROGRAMS AND ACTIVITIES. Initial: G . r v Y • ATTACHMENTS TO THIS LEASE AGREEMENT The tenant certifies that he/she has received a copy of this Agreement and the following Attachment to this Agreement and understands that this Attachment is part of this Lease Agreement. A. Attachment #1 -Tenancy Addendum Section 8 Tenant - Based Assistance Housing Choice Voucher Program Initials: Initial: Exhibit C Funding Agreements Mortgage and Secu ri ty Agreement between MBCDC: Lottie Apartments, LLC, and the City, dated August 10, 2010, recorded in O.R. Book 27389, Page 1007, of the Public Records of Miami-Dade County, Florida, in the original principal amount of $1,864,000.00. 21 I Composite Exhibit D Management and Operation Agreements There are no third party Management and Operation Agreements. The existing Management and Operation Agreements with Seller shall be terminated at closing.