WHEREAS the Parties of the First and Second Part entered into a Lease Agreement dated the 8th day of August 2019, with respect to the land described as Lot 11, Plan 519, in the Township of Brock, in the Regional Municipality of Durham; and
WHEREAS Michael John Hopkins and Ashleigh Demelza Jane Hopkins, the Party of the Second Part, with the consent of the Party of the First Part, wishes to transfer the Leasehold Agreement (effective 31st of October 2022) to Michael John Hopkins, on the terms as hereinafter specified.
BE IT THEREFORE RESOLVED THAT Communication 580/22, Lot 11, Boat House Lease Amendment be received; and
THAT the Parties hereto agree as follows:
1. In consideration of the sum of One Dollar ($1.00) the Party of the Second Part, Michael John Hopkins and Ashleigh Demelza Jane Hopkins, hereby assign, transfer and set over the remainder of the leasehold term hereinbefore referenced on the same terms, provisos, covenants and conditions until Michael John Hopkins; and
2. The Party of the of the Third Part, Michael John Hopkins, hereby consent to such assignment and transfer in accordance with paragraph 2 herein; and
3. The Part of the First Part, The Corporation of the Township of Brock, hereby consent to the said assignment and transfer of Lease for the remainder of the term, subject to the payment of the rent reserved and the performance and observation of the covenants, conditions and agreements contained in the said Lease Agreement. Provided, however, that this consent shall not extend to any further assignment or subletting of the said Lease without the written consent of The Corporation of the Township of Brock; and
THAT the Corporation of the Township of Brock being the Lessor of the lands and premises composed of Lot Number 11, Plan 519, in the Township of Brock, in the Regional Municipality of Durham, described in a certain Indenture of Lease dated the 26th day of September 2019, made between the Township as Lessor and Michael John Hopkins and Ashleigh Demelza Jane Hopkins as Lessee, do hereby consent to the assignment of the said terms, subject to the payment of the rent reserved by and the performance and observance of the covenants, conditions and agreements contained in the said Lease. Provided, however, that this consent shall not extend to any further assignment or subletting of the said lands without the express written consent of the Corporation of the Township of Brock.