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11/18/1986SIGN LEASE THIS LEASE made and executed on the /g&j day of & r-, A.D. 1986, by and between the COUNTY OF MONROE, a political subdivision of the State of Florida, hereinafter referred to as Lessor, and RAHN MANAGEMENT d/b/a THE PIER HOUSE, whose principal office is located at One Duval Street, Key West, Florida 33040, hereinafter referred to as Lessee. IN CONSIDERATION of the mutual covenants, promises and premises herein contained, the parties hereto agree as follows: Section 1. Description of Premises and Use. Lessor hereby leases to Lessee and Lessee hires from Lessor for the purpose of installing one (1) sign as hereinafter described at the Key West International Airport, owned and operated by the COUNTY OF MONROE, in location A-5 as shown on the attached sketch which is attached hereto and made a part hereof. Section 2. Term of Lease. This lease shall begin on the 1st day of October, 1986 and shall end on September 30, 1987. Section 3. Rent. The Lessee shall pay to the Lessor the total rent for the term of this lease One Thousand Dollars ($1,000.00) in lawful money of the United States of America, plus 5% sales tax, in advance, upon execution of this lease. If Lessee terminates this lease prior to the end of the term hereof, Lessee shall not receive any refund. Section 4. Sign. The Lessee is hereby granted the right to install one (1) sign, two feet high by three feet wide (2' x 3'), in the area as stated in Section 1. The Lessee shall submit to the Lessor a detailed drawing of the sign setting forth all word- ing to be placed on the sign, including material to be used in the construction thereof, colors, and any other matter relating thereto for approval by the Lessor prior to installation of the same. The sign shall be constructed in a professional manner and installed at the location designated herein in accordance with the instructions of Lessor. Section 5. Maintenance. The Lessee shall maintain the sign in good order at all times during the term of this lease and if Lessee fails to do so, Lessor shall give Lessee ten (10) days notice of this failure to comply and upon Lessee's failure to comply in maintaining said sign, Lessee does hereby give, grant and authorize the Lessor to remove said sign at Lessee's expense. Section 6. Waste and Nuisance Prohibited. Lessee shall not commit or suffer to be committed any waste in the demised premises or any nuisance. Section 7. Taxes. Lessee shall pay, before delinquent, all personal property taxes assessed against said sign. Section 8. Termination and Repairs. Lessee shall at the termination of this lease remove any sign installed hereunder immediately upon termination and shall repair any damage caused by said removal. If Lessee fails to remove said sign upon termination of this lease, Lessee does hereby give, grant and authorize the Lessor the right to remove said sign on behalf of Lessee at Lessee's expense. IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed the day and year first above written. (SEAL) At t e s t . DANNY L. NOLHI AGE, Clerk 424 ZZg�A,4 Clerk (Corporate Seal) Attest: Secretary COUNTY OF MONROE, STATE OF FLORIDA By OX441ef , 6/� Mayo airman RAHN MANAGEMENT, INC. d/b/a THE PIER HOUSE By ---rh,. R. a&,N0 -,,, A-Uvertisin-g Sales Manager AFr,z rV D AS TO Farr^� 2 i . .��► ;� C LJ �..� • Aft ; I c v ;' 2•L t� � I •Q E I J J1 � � N O C3 . Q N r J � tu Li •• UA w V QtL A '• ttt , f �_�,• lam_ j w ca ,. II 1 �j S l u 1 i`, — I 1 1�N j'+« K C1� , �•wA 0