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HomeMy WebLinkAbout29 Mod. Lease Termination 5/99 ~ ~ " @ MOnTPICATlON I.'FIAS!; TERMINATION AND UCRN~ll AOJ:l~ THIS MODIFICATION. tBRMlN~~ LICllNSB AOIUmMmIT (~ "A~ent") Is CXOCl1lted tha ~ day of ~71m by IIld bctWOCll MI&lUi BClII:b MarIna ~, Ltd., I Ploddl.l!mited pertllenhIp (the "L1IId1ord'") mu:l Europa CrulseI otFlorlda 2, w., a Delawwe eorpomtIOll., (tho 'TCIDaIrt"). RECITALS: A. TaIlah....al BuIldlJla Corp., IS laMlord, tba Pl"dCltu~r lA ~ to LaIlord, ~ iatD . 1_ with T-.m dated PclmIIvy 10, 1995, U .\r'''Nltcl by Al11"'l1<l~ to Leuo. dated Februaty 10, 1995 (collectively, tbD ''LeIae''). S. Article 30 ot'the Leue providea lhat the 1Aue fa IlIpfUIly lIlbJeat to tlw term. ot tilat IlIrlain Leuc Apeemont between the City ofMilmi ~ ..lm4Iot4 tlId ClunawMllon AaIocIa1r.a.lJd.. 01-. daS.JuM 24. 1m, II -""q".-c by a1l'lrat Am"""""....UatcdOctobet23, 1991,aSCllOIl4~mJ'lIl".-ntdatcdAquat 11,1994. II 'Th1td Am~r.:Iltdllte May 'r1. lW1 aud aFulll'lhAmtndmOlltdatlld Aprill~. 1998 (coUeotiwly, tile "MIrilla u."). C. AU rishta of tho !eIuo UDCIer the Marbla Leaee ba1e beeD '"'.;,,-'" to .m are llUCIIIItly ha1d \If J ,.,n. D. The Marilla Leuc provldca for the rI&ht of the CIty, u laNlord \lDdtr tbc Marlu tea., W ~I~ porUOWI of the prIllIIIuI w1dolt COJlSUtute the :Mirl!Ia JAuc premilllll \lPOl1 %lIlttc1 ~ Ltndlord, IS tho 1I!IrlDa.~. E. The City hu amm lIleb IIildce OfJllltial-lMtIOll a 11:1 SSD! ~ III deftned below, tll tile Landlord IIld, . . direct fOI\1lt 1bercof, tbc Lease, as of m ~ Z I{ . 11199 (tba "LtIA TlC\\Aatlon Ou."), is te.rmlSIat04. P. The: City ofMIaaU BIlIllb, P'Iodda, a Ph1!Ida mualcIpa1 corparalicm (1he "CIty") and die Miami Beach ~ Apmcy, a Flarlda JlIIb& WIlCY OtAIl,I-l IlICl eldJtlng purIlIImt '10 "" COIIlD\IIIIiiy llccleve10pmeIl Act of 1969, ChapIClr 163, Parl m, F10rlck StatuDIIl, all lI!lleD.ded (the "R.edewlopmtal ~') ht.'ft .,..s 10 armrt 19 La:\ld1OI'll a 1iocme to '* ccnalJl porllOlll oflbe property more pIlItllllllarly deeon1Ied lID 'I1Ifd!IbIt A ...-bed!unto IIl4Il11ldc II parthoroof~ nd'llrJed to 18 "SSD! North") pursuaal to tllIt 0llltaIn 1m~ 811bleale eIIlered into by and bll\WM1l. the City and tile RcdIVe\oJIment Apcr;y, III tbe T loemll, llDd tile MIA_l~1J4906$2-3 Pap 1 of3 c0 39'1d ONt to<l S66SEL9S0E L0:tt 666tf6lf~0 Landlord, Ai the SubUc_.... d'f"4y or ~ 1m (tho "Improvemt:l:lll SubllceDac"). 0 G. 'Ibo Improvez=na SubU~ 1D;1udellhe PremIses, II JIlch term iI tI..fm"" In the r.e. H. LaIIdIard IIld 1C11Bl1l have qreed to == lIIto tbIs Apemeat in order to provide the TeNIllt WIth..1imIIe 10 \Ille the ~ subJ~ to tho l.mDI8IId eondl1l.OIII OHM Im.prowl:cea&I SilbllcenJe IDd 1bIt ~t NOW, THEREFOlU!, In ~ of the llfIlIDilCl IIllIl. other saod ami valuabJ. COlUidft'lllioD. tbc r~ wi aulJIcienoy ofwbich UIl hereby ldaIawledied. L-Ilozd and TCIIIDt ape Ai follOVl'll: 1. on.. fotoaoq =oItaIa IR1rIIO uuI. ~ 1114 mcOlpo,atad Into tbIs A.arcem=t by rofercnee. 2. Landlord _by IlVJlI to the TbIllI JlceaIe to \lie 1M PJemWn ~ to tho I8IXI.o ~ IIld onntlJtlftUl II Nt forth in the Leue, wIlIdl term. md 00lIdi1ioal are hereby 11m..,,,,.... II pm'Yidld In tbIJ AV--+ It II \lI1Clmtoo4 ad qroo4 that tho Il.ccDa pan=S 10 1IIe TIIDIDt bereuDder I. subject to the termJ IIld ~~OIII oftbe L..~ovanClltll SublicelllO. 3. Any IDd aI1~ in lhe Leuelotbaterm ''Leue,''''LaIld1ord'' and "TeDaIl1" lIIll bereby mcdifle4 to rea4 "LiCCllM, " "Ucenaot' Illd "Licelllee,." ~. 4. The bmocIua1Dry oIauc: otparqrtph 1 ot Article 2 ofthci I.- Mllltllod "Ormtlna CIawe" w!rldl tt.W u loUCI'It: "L1ZlCIlord, m ~.l..odoa ottho uhIlpdon otTalllDt to pay mI1 u herein provided lIIld In COIIIicletatiOl1 of otMr W!Ila, oovaantl ud. 00AdI1l0lll hareof, hereby 4cmialllld __ to Tenmt md TelIIm1 bereby l'CII!IlDlI tItaI ftom 1hc Lwt1crd tbe P1'tmiteI,...... Ihall. II of ~ date _of, be ''''=cIecl to !'lid .. 5illQwa: "UcIuor, in corlIIdcnIlon of th. oblliltil'll1 of UeCIIlICe to JIII!iY ll....'''.UlII fees .. henla. provida:J llllCI ill C011Sidbnltilll1 of ok termJ. oovtlWltl md eoDditioDa hereof. Iwttehy Iflllltil a 110_ to Uo_ aDd t1~ bcrcby accepa wi takes from I.lCelllor the Iicae fur tba PrauiIcI,..... S T ~ IhaIl be crrt1"NI to _1- lllo UCllIIIe cnlted purI1lIIIt to the tecmllIIld GClIl41llOlll oftbll ~ U]XID!lOt 10ll1hlll1ixty (60) dayI! wrltten DGtloo to TellIIlI, pro~ded, iowevar. that, to tho GldeDt LaDdlord his substitute p:al-. mUabLo, it IiuJIl eIlIbvnr t(l substItulll I1ICh othet pmaiHI b tbs Prtmim in Landlord'. n:ucmable dlIc!etlon. 6. 1be pII1icI halo bcnby ..Ill be bound by lhe tmDIlllld oonditlo1ll ofb liccNo horcb:y pDtcd by tilts L.adlonI III tbl TlIDIlIl, .. 4IIozlbcc1 iii dtle .~ NIA_19tt149065W Pap 2 oU Ell 3811d :JNI I:J~ ~GGSEL9S\lE LIl:tt GGGtfGZ/~0 m WITNESS WHBlUlOP, tho prill bereto hive exlC\ltOcl thie MlldiB~1lIl, Lcuc Termi..mnn alld Li~ AgnemeDt u ottho dale fIm abovo wrlum. SigMCI ill the prelICGCC of: MIAMI BEACH AS80QA11!S, LTD. By: Bolle MIrlaI, tac.. ill sole pIIlIIl -- N_:ff:!#-", ~ BUROPA CRUIDS OF FLORIDA 2,lNC., . Delawmw .....~OD Name: 8)': NlIIQ: Ill: NIZU! . IN Wl'I'NaSS \VHERBOF, tho parlill hereto bllV& ~ thia Modl1IoatiOZl, Leu.. Tmninatlon alld License Agreemeat U oftbo date f5rst above wrllte!l. SiQDed ill tile pmeace of: MIAMI BEACH ASSOClATBS, LTD. By: 80be MarIDa, Inc., Its sola s=eral partMr N~< ~ UOPA CRUISIlS OF FlORIDA 2, INC., I Doll OD N~A*~Jt~~ B. N Ill: M1A)991149D652-3 PIt,3 oU ~0 39\1d :)N1 10<1 56658L950E L0:tt 666t/6~/~0 ... It..Jl.I'IIHIT A. t.wn"". n1UlrDTDTrnN Lot 30 l!w 42lDll1ll1l"" ill Block t 11, of OCEAN BEACH PlORIDA ADDmON NO.3, acoocdlua to 1he Plat tbexwofrecorded in Plat Book 2, Paae 8t. ofthll PublioRlccmll ofMllml- OW. Comlty, Florida. ALSO: LoI:II43, 44, 4', 46,47. 4!A. 49B IIId SOC ofDADB COUNTY PROPEP.TY, ~i to 1I1e AllIaIll~ PIa1 atLots 43 to 50 iDc1uIive, in Block 111, of OCEAN BBACH FLOlUDA ADDmON NO.3, 18 reco:del1ln Plat Book 14. Paae 70. of the Public Record. ofMlami-D&d. Cou11l:y. Florida. MIA_l~1I4!10652-3 S0 3"'\1d ON1 10<1 5665EL9508 LB:" 666Ti6Z/,2