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11/16/1982SIGN LEASE THIS LEASE made and entered into on the 16th day of November , 1982, by and between the COUNTY OF MONROE, STATE OF FLORIDA, a political subdivision of the State of Florida, FIRST FEDERAL SAVINGS & LOAN ASSOCIATION hereinafter referred to as Lessor, and OF THE FLORIDA KEYS d/b/a 1010 Keane Drive KEY COLONY POINT, whose principal office is located at 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 pur- pose of installing one (1) sign as hereinafter described at the Marathon Airport, Marathon, Monroe County, Florida owned and operated by the COUNTY OF MONROE in a location to be approved by the Airport Supervisor of the Marathon Airport. Section 2. Term of Lease. This lease shall begin on the 1st day of October, 1982 and shall end on the 31st day of December, 1982. Lessee shall have the option of renewing said lease for an additional three (3) months upon written notice to Lessor no later than November 30, 1982. Section 3. Rent. The Lessee shall pay to the Lessor the total rent for the term of this lease One Hundred Eighty Dollars ($180.00), in lawful money of the United States of America plus any sales tax in advance upon execution of this lease or any renewal hereof. 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, three feet high by three feet wide, (3' x 3'), in the area stated in Section 1. The Lessee shall submit to the Lessor a detailed drawing of the sign setting forth all wording to be placed on the sign including material to be used in the construction thereof, colors, and any other matter relating y -2- thereto for approval by the Lessor prior to installation of same. The sign shall be constructed in a professional manner and in- stalled 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 signs. Section 8. Termination and Repairs. Lessee shall at the termination of this lease remove any sign installed hereunder immediately upon terminntion and shall repair any damage caused by sid removal. If Lessee does hereby give, grant, and authorize the Lessor the right to remove said sign in behalf of Lessee at Lessee's expense. IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed, all as of the day and year first above written. (Seal) Attest: /ClerZ COU�TY OF MONROE, STATE OF FLORIDA WE r/Ch itnYan of the Bo (1 of ty C mmissioners ofXonlroe ty, Florida �_D FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE FLORI,AAjKEYS d/b/a KEY C2LONY' P 0 er L. Hanf"rickk istant VWbPkbWP6 A L 5UFFICiENi; Y. Antar3y'a Office