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SEVENTH AMENDMENT AND MODIFICATION
OF
NINETY-NINE Y � a •. ) S
YEAR LEASE
THIS AGREEMENT made and entered into by and between INDIAN RIVER
COUNTY, FLORIDA , a political subdivision of the State of Florida , by and through its
Board of County Commissioners , hereinafter referred to as Lessor, and ST. FRANCIS
MANOR OF VERO BEACH , FLORIDA , INC . , a Florida non -profit corporation
hereinafter referred to as Lessee :
WITNESSETH :
WHEREAS , on the 8th of August , 1973 , the Lessor did execute a Ninety- Nine
Year Lease to the Lessee covering certain lands therein described , which Lease has
been duly recorded in the public records of Indian River County , Florida in Official
Record Book 516 , at page 305 ; and
WHEREAS , an Amendment and Modification was executed on February 6 , 1980 ;
and a Second Amendment and Modification was executed on July 27 , 1993 ; and a
Third Amendment and Modification was executed on September 19 , 1994 ; and a Fourth
Amendment and Modification was executed on October 12 , 1999 ; and a Fifth
Amendment and Modification was executed on February 7 , 2006 ; and a Sixth
Amendment and Modification was executed on May 1 , 2012 ; and
WHEREAS , the Lessor and Lessee desire to execute a Seventh Amendment
and Modification to said Lease in the manner hereinafter set forth ; and
WHEREAS , the execution of the Seventh Amendment and the Modification has
been duly authorized by the Lessor and accepted by the Lessee ;
NOW , THEREFORE , upon the good and valuable consideration set forth in said
original Lease , the Lease is hereby Amended and Modified as followed .
A . Any reference from the original Lease or previously executed Amendments and
All Modifications requiring the payment of One Thousand ($ 1 , 000) Dollars per year
by Lessee to Lessor shall be amended to read One ($ 1 . 00) per year upon
execution of this Seventh Amendment .
Be All rent Lessee currently owes to Lessor and all past rent which has become due
to Lessor according to the original Lease but has not been paid by Lessee is
hereby eliminated . Said unpaid rent shall . no longer be considered debt to the
Lessor and the payment of any debt derived from rent owed to Lessor shall not
be required from Lessee .
This Seventh Amendment and Modification is subject to all of the terms and
conditions of the original Lease executed on August 8 , 1973 , and the six previous
amendments approved and ratified by the parties , except as amended by this
agreement , so that the same shall constitute one Lease .
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IN WITNESS WHEREOF , the undersigned have approved and executed this
Seventh Amendment and Modification to Ninety- Nine Year Lease , to take effect on this
9th day of oct . , 2012 .
GOMMISS;0 . 4 BOARD OF COUNTY
y ' ' y0 ;9 ;•4• COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
s
` Oq • ` •' Gary , heeler, Chairman
••yRNER�CODate Appr ed by BCC October 9 , 2012
A roved :
seph A . Baird
County Administrator
Approved as to form and legal
sufficiency:
William K. DeBrail
Deputy County Attorney
Attest: Jeffrey R . Smith , Clerk of Court
B
y •�- C� �¢.2�
Depu Clerk
2
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ST. FRANCIS MANOR OF VERO BEACH ,
FLORID INC .
By :
Print : Louis Schacht �� � s C . S � � ac.(VA
Witness :
/§ "/
Date to - � - ( Z
Printed Name : . !! '
Witness : r
Date ( Q _
Printed Name : kfa /lil h4l)
STATE OF FLORIDA
COUNTY OF INDIAN RIVER
The foregoing was acknowledged before me this day of , 2012 , by Louis
Schacht, President of ST. FRANCIS MANOR OF VERO BEACH , INC . , a Florida non-
profit corporation , on behalf of said corporation .
NOTARY PUBIC :
Signature f taryublic - State of Florida
Stamped Commissioned Name of Notary
Public with Commission Expiration Date and
Seal :
l Hc�r . Mosses
,_ . � commission # EE 062656
Exores March 26, 2015
6m*dTwtwrtieaau.mooa Personally Known Known OR
Produced Identification
Type of Identification Produced
3