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AMUII A. WK9, ►.A
<br />117) TINTM AVINUI
<br />VIVO $LACM,
<br />FLORIDA
<br />)106
<br />TILIFMONI
<br />(407) 1/1.160
<br />ASSIGNMENT OF LEASE
<br />KNOW ALL MEN BY THESE PRESENTSI
<br />THAT the PELICAN ISLAND AUDUBON SOCIETY, INC., Florida
<br />corporation, (hereinafter Assignor, and also known as PIAS), in
<br />consideration of the sum of Ten Dollars ($10.00) and other good
<br />and valuable considerations to it in hand paid, the receipt
<br />whereof is hereby acknowledged by Assignor, hereby assigns unto
<br />the said ENVIRONMENTAL LEARNING CENTER, INC., a Florida
<br />corporation, (hereinafter Assignee, and also known as ELC), the
<br />following lease)
<br />That certain lease dated.the 6th day of March, 1987, by and
<br />between BOARD OF COUNTY COMMISSIONERS OF' INDIAN RIVER COUNTY,
<br />FLORIDA, as Lessor, and the said PELICAN ISLAND AUDUBON SOCIETY,
<br />INC., as Lessee.
<br />TO HAVE AND TO HOLD unto the said ENVIRONMENTAL LEARNING
<br />CENTER, INC. its successors and assigns from the date hereof for
<br />all of the remainder of the years mentioned in said lease,
<br />subject to the rents, covenants, conditions and provisions
<br />therein also mentioned.
<br />In the event the Environmental Learning Center building,
<br />which is being developed on the real property under the lease
<br />being assigned herein, is operated outside the purposes and
<br />objectives as set forth in the bylaws and articles of
<br />incorporation of ELC, and this condition continues for thrity
<br />(70) days after PAIS notifies, in writing, ELC of said violations
<br />of its bylaws and articles of incorporation, then, in that event,
<br />this assignment shall become null and void, and the rights under
<br />the original lease shall revert to PAIS1 and, ELC shall have no
<br />further rights or interest in said lease.
<br />The said Assignee hereby assumes the performance of all of
<br />the terms, covenants and conditions of the lease herein assigned
<br />and agrees to pay the rent reserved by the said lease on the next
<br />rent day and monthly thereafter until termination and will well
<br />and truly perform all of the terms, covenants, and conditions of
<br />the lease herein assigned as if the said Assignee had signed the
<br />original lease as Lessee named therein.
<br />The said Assignee hereby agrees that it will well and truly
<br />indemnify and save harmless the said Assignor from all manners of
<br />suits, actions, damages, chargee, and expenses, includinc
<br />attorneys' fees, that may be sustained by reason of the failure
<br />to pay the rental reserved by breach of the terms, covenants, ant
<br />conditions of the lease herein assigned,
<br />The said Assignee hereby agrees that the obligations herein
<br />
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