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05/21/2014 LeaseAMY NEAVILIN, CPA CLERK OF CIRCUIT COURT &COMPTROLLER IAONROE COUNTY, FLORIDA DATE: June 24, 2014 TO: Dent Pierce, Director Public Works Division ATTN. Beth Leto FROM: Vitia Fernandez, D.C. At the May 21, 2014, Board of �Aty Commissioner's meeting the Board granted approval and execution of Item C28 Lease agreement with Oxford Business III Corp., for additional office on behalf of the Supervisor of Elections at 100th Street Center, Marathon, FL. Enclosed is a duplicate original executed on behalf of Monroe County, for your handling. Should you have any questions, please feel free to contact me. cc: County Attorney Financ File J 500 Whitehead Street Suite 101, PO Box 1980, Key West, FL 33040 Phone: 305- 295 -3130 Fax: 305 - 295 -3663 3117 Overseas Highway, Marathon, FL 33050 Phone: 305- 289 -6027 Fax: 305 - 289 -6025 88820 Overseas Highway, Plantation Key, FL 33070 Phone: 852 -7145 Fax: 305 - 852 -7146 COMMERCIAL LEASE THIS AGREEMENT OF LEASE, made and entered into this 21st day of May, 2014, by and between the OXFORD BUSINESS III CORPORATION hereinafter referred to as Lessor, and BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, hereinafter referred to as Lessee (the terms "Lessor" and "Lessee" to be construed in the singular or plural number accordingly as they respectively represent one or more than one person, partnership, corporation or other organization): WITNESSETH: That Lessor does by these presents lease and demise unto Lessee the following described property, lying and being situated in the city of Marathon, County of Monroe, State of Florida, and being more particularly described as follows: Unit A & Unit B, 100th Street Center, commonly known as 10005 -10015 Overseas Highway, Marathon, Monroe County, Florida, containing approximately 2,139 rentable square feet, Suite R.S.F A 10005 732 B 10015 1,407 TOTAL (A+ B 2,139 for a term of five (5) years, beginning on the 1st day of June, 2014, and ending on the 31st day of May, 2019, to be occupied for the purpose of conducting the business of Monroe County Elections Office / administrative -office type use (and said demised premises are to be used in no other manner and for no other purposes whatsoever without the prior written consent of Lessor), paying therefore the initial base rent of Two Thousand Five Hundred Fifty Four and 13/100 ($2,554.13) per month Space RSF Rate $/RSF Base A 732 $ 14.00 $ 854.00 B 1,407 $ 14.50 $ 1,700.13 TOTAL (A +B) 2,139 upon the following terms, conditions and covenants: 1. Lessee shall pay the rent monthly, in arrears, upon receipt of a proper invoice pursuant to the Florida Prompt Payment Act, Florida Statute section 218.70 at such address as shall be supplied by Lessor. The base rent shall be subject to an annual increase of the greater of a) C.P.W. for the 12 month period ending on December 31st of the previous year or b) 3.25% on each successive anniversary date. The annual cap on C.P.W. shall be five percent (5.0 %). 2. In addition to the monthly bz share SPACE RSF 10005 732 10015 1,407 Pro -Rata Share ise rent, the Lessee shall be obligated to pay his prorata 6.6% 12.7% 19.3% of the annual costs for fire, flood and windstorm insurance, real property taxes, waste collection fees, common utilities and annual costs to keep and maintain in good repair the building exterior, landscaping, lighting, sidewalks, driveways, curbs and sign. Toward these obligations, Lessee shall pay $ 1,099.80 per month as an estimated prorata share of these expenses. This amount is subject to adjustment during the term of the lease, based on actual costs. Year 2013 $ 6.17 Space RSF CAM A 732 376.37 B 1,407 723.43 TOTAL 2,139 1,099.80 The total rent (Base rent plus CAM) for YEAR ONE shall be as follows: BASE CAM TOTAL YEAR 1 Annual Monthly $ 30,649.50 $ 13,197.63 $ 43,847.13 $ 2,554.13 $ 1,099.80 $ 3,653.93 3. Lessee shall at all times during the continuance of this lease, and at his own cost and expense, keep and maintain in good repair the interior of the premises hereby leased, which shall include all windows, plate glass and doors contiguous to the exterior. Unless there is damage caused by the negligence of Lessor, Lessee shall keep the air conditioning equipment inside the unit and serving the unit (handling unit), the plumbing work, water closets, pipes and fixtures belonging thereto in good repair and shall keep the water pipes and connections free from obstructions, and to generally maintain the demised premises to the satisfaction of the municipal, police and any other governmental authority, during the term of this lease. Lessee shall not overload the carrying capacity of the floors of the demised premises. Lessee, so long as he shall remain in possession of the demised premises, shall keep and maintain all portions of the premises, the improvements thereon, the appurtenances, machinery, equipment and fixtures therein, in such condition as to prevent any loss, damage or injury to the persons, property, businesses, business or occupations of any other persons permitted by Lessee to be in or about the leased premises, owners, occupants and invitees of adjoining premises, and persons upon the adjacent portions of the street in front and the side streets of the demised premises. In the event Lessee shall replace appurtenances, machinery, equipment or fixtures, the replacements shall be in general conformity to that replaced as to quality, size and appearance. At the termination of this lease, Lessee shall deliver up the demised premises in as good condition as at the beginning of the term, natural deterioration and normal wear and tear, depreciation and damage by fire and the elements only excepted. Lessor shall be responsible for capital costs, approved by Lessor, exceeding Two Thousand Dollars ($2,000.00) 4. Lessee agrees to accept possession of the demised premises in their present condition. 5. All property of every kind which may be on said demised premises during the term hereof shall be at the sole risk of Lessee, or those claiming under him, and the Lessor shall not be liable to Lessee or to any other person whatsoever for any injury, loss or damage to any person or property in or upon said demised premises. To the extent set forth in F.S.768.28, Lessee hereby covenants and agrees to assume all liability for or on account of any injury, loss or damage above described and to save Lessor harmless therefrom. Furthermore, Lessor shall not be liable to Lessee or to Lessee's patrons, employees, licensees, permittees or visitors for any damage to person or property caused by the act or negligence of any other tenant or said demised premises, or due to the building on said premises or any appurtenances thereof being improperly constructed or being or becoming out of repair, nor for any damages from any defects or want of repair of any part of the building of which the demised premises form a part, unless injury or damage described above was caused by or was due to negligence of Lessor, Lessor's agent, servant, employee or patron; but with the exception of the need for one ADA compliant handicap parking space of which is to be corrected, Lessee accepts said premises as wholly suitable for the purposes for which same are leased and accepts the building and each and every appurtenance thereof and waives defects therein and further agrees, to the extent set forth in F.S.768.28, to hold Lessor harmless from all claims for any such damage unless such damage was caused by or was due to negligence of Lessor's agent. It is further especially understood and agreed that Lessor shall not be liable for any failure of water supply or electric current, or for injury or damage which may be sustained to person or property by Lessee or any other person caused by or resulting from steam, electricity, water, rain or other liquid which may leak or flow from or into any part of said building or caused by the breakage, leakage, obstruction or other defect of pipes, wiring, appliances, plate glass, plumbing or lighting fixtures of the same, or by the condition of said premises or any part thereof or from any other source or by any other cause whatsoever, whether the said damage or injury shall be caused by or be due to the negligence of Lessor, Lessor's agent, servant, employee or not, nor shall Lessor be liable for interference with light or other incorporeal hereditaments, provided such interference is caused by anyone other than the landlord, nor shall Lessor be liable for such interference from operations by or for governmental agencies in construction of any public or quasi - public work. 6. Lessor will obtain fire, flood and windstorm insurance for the premises; and upon submission of the bill for same to Lessee, Lessee shall reimburse Lessor for his prorata share of same. Lessee shall purchase public liability insurance with coverage per occurrence of at least One - million Dollars ($1,000,000.00) and shall name Lessor as a co- insured on said policy. 7. Water /Sewer Charge. NA. 8. Lessee shall pay all charges for water and electric as the same shall become due during the term of this lease. Each office is separately metered for water and electricity. Each Tenant is responsible for their own usage and for payment of their utility bills. 9. Lessee agrees that he promptly will execute and will fulfill all ordinances and regulations of the state, County or other governmental agencies applicable to said demised premises, and all ordinances imposed by the Monroe County Health Department and Sheriffs Department for the correction, prevention and abatement of nuisances in or upon or connected with said demised premises during the term of this lease, at Lessee's sole expense and cost. 10. Lessee shall not assign this Agreement, nor shall underlet the whole or any part of the demised premises, without the consent of Lessor first obtained in writing, and shall not occupy or permit or suffer the same to be occupied for any business or purpose deemed extrahazardous on account of fire. 11. Lessee shall give, in case of fire or other casualty, immediate notice in writing to Lessor, who shall thereupon cause the damage to be repaired forthwith, provided materials, supplies and labor are reasonably available; if any portion of the premises is rendered unfit for occupancy, the rent shall be apportioned for the period of time required to make the repairs, according to the part of the premises, if any, which remains usable by Lessee, If the entire building shall be destroyed or if the premises is not accessible or is rendered unfit for occupancy, then within 30 (thirty) days after the fire or other casualty, either Lessor or Lessee may cancel this Lease by notice in writing to the other, effective as of the date of the mailing of the written notice, except that the rent shall be apportioned as of the date of the fire or other casualty. 12.Any sign for the demised premises shall conform to all applicable County codes and shall be either a two -sided sandblasted or laser -cut sign, not to exceed 18 inches by 72 inches, and shall be installed by Lessor on the porch ceiling in front of the demised premises. Lessee shall not place, paint or otherwise affix any other signs, banners, flags or balloons at, on or about the premises, or any part thereof, or change any light fixture, except as and where first approved in writing by Lessor; and Lessor shall have the right to remove any sign or signs in order to paint the building or premises or make any other repairs or alterations, but nothing herein shall be construed to require or obligate Lessor, at any time or in any manner, to paint the building or premises or make any other repairs or alterations. Lessor grants Lessee permission to furnish, install and maintain, at sole cost of Lessee, sign in the building marquee. Same to be approved by Lessor prior to installation, consent not to be unreasonably withheld by Lessor. 13. In the event of a breach or threatened breach by Lessee of any of the agreements, conditions, covenants or terms hereof, Lessor shall have the right of injunction to restrain the same and the right to invoke any remedy allowed by law or in equity, as if specific remedies, indemnity or reimbursements were not herein provided for. Furthermore, the rights and remedies given to Lessor in this lease are distinct, separate and cumulative rights and remedies, and no one of them, whether or not exercised by Lessor, shall be deemed to be in exclusion of any of the others. 4 14.The agreements, conditions, covenants and terms herein contained shall in every case apply to, be binding upon, and inure to the benefit of the respective parties hereto, their heirs, executors, administrators, successors and assigns, with the same force and effect as if specifically mentioned in each instance where a party hereto is named, provided, however, that no assignment or underletting by Lessee in violation of the provisions of this lease shall vest in any such assignee or undertenant any right to title in or to the leasehold estate hereby created. 15. No assent, express or implied, by Lessor to any breach of any of Lessee's covenants, agreements, conditions or terms hereof shall be deemed or taken to be a waiver of any succeeding breach of any covenant, agreement, condition or term hereof. 16. It is especially understood and agreed that all personal property placed on the demised premises by the Lessee may be removed by Lessee at the termination of this lease, provided Lessee shall not then be in default of the performance of any of its agreements, conditions, covenants or terms hereof, and provided further that the building shall be left by Lessee substantially as well equipped as it is at the beginning of the term, and provided further that no such property shall be removed by Lessee if such removal should permanently injure or dismantle said building, and provided further that the removal of any such property shall be effected within five (5) days after the expiration of the said term and all damage caused to said premises by such removal shall be repaired by Lessee at his own cost and expense. 17. Lessee shall not make alterations, additions or improvements to the demised premises or to the building thereof without the prior written consent of Lessor; and after such consent has been given, unless otherwise agreed upon in writing, all alterations, improvements and additions made by Lessee upon the demised premises shall be done by a licensed contractor at a reasonable cost and, although at Lessee's own cost and expense, at the option of the Lessor shall remain upon the premises at the expiration of this lease and shall become the property of the Lessor in fee simple, without other action or process of law. 18. In the event Lessee shall make default in the performance of any of the agreements, conditions, covenants or terms herein contained, Lessor, immediately or at any time thereafter (no obligation, however, being imposed upon Lessor to do so) may perform the same for the account of Lessee, and any amount paid or any expense or liability incurred by Lessor in the performance of the same shall be deemed to be additional rent payable by Lessee for the demised premises, together with 18% (eighteen percent) interest Per annum thereon from the date of payment by the Lessor to the date of repayment, and the same, at the option of Lessor, may be added to any fixed rent then due or thereafter falling due hereunder; and Lessor shall have the right to enter the said demised premises for the purpose of correcting or remedying said default and to remain therein until the same shall have been corrected or remedied. Any money due to Lessor shall not be deemed to be in default until three (3) days after prior written notice by Lessor to Lessee. Lessee shall have two (2) weeks after prior written notice by Lessor to correct any non - monetary default. 19. Lessor shall have a statutory landlord's lien and in addition is hereby given an express landlord's lien as security for the fixed rent herein reserved, as well as any of the other charges or expenses elsewhere hereinabove or hereinafter designated as "additional rent" upon all of the goods, ware, chattels, implements, fixtures, furniture, tools, machinery and other personal property which Lessee now or at any time hereafter placed in or upon the demised premises, all exemptions of said property or any part of it being hereby waived. 20. Lessee hereby especially covenants and agrees that this lease shall be subject and subordinate to any mortgage or mortgages now on the demised premises. Lessee further agrees to subordinate this lease to any mortgage obtained by Lessor during the term of this lease or any extensions or renewals thereof. 21. Lessor hereby covenants and agrees that Lessee shall and will, upon payment of all of the rents and all other sums of money herein provided to be paid by Lessee, upon fully observing and performing the covenants and agreements herein provided to be observed and performed by Lessee, quietly and peaceably possess and enjoy said above - demised premises unless said lease be sooner terminated under and in accordance with any of the provisions herein elsewhere contained providing for such termination. 22.If any of the fixed rent herein reserved or any of the other charges or expenses hereinabove designated as "additional rent ", or any of the taxes, assessments, charges or other sums of money to be paid by Lessee shall not be paid as and when the same become due and payable, or if Lessee shall default in the performance of any of the other agreements, conditions, covenants or terms herein contained, or if a petition or answer for reorganization of Lessee or the then owner of Lessee's interest hereunder shall be approved by any court or judge thereof, or if Lessee or the then owner of Lessee's interest hereunder shall make a general assignment for the benefit of creditors, or shall take any benefit under any insolvency or bankruptcy act, or have a receiver or trustee or other fiduciary appointed for its property, or if Lessee's leasehold interest shall be taken on execution or other process of law, or if this lease or the estate of Lessee hereunder shall be transferred or pass to or devolve upon any other person, firm, association or corporation except in the manner provided hereunder, then and in any of said events, Lessor or those claiming under him may immediately or at any time thereafter have the right to terminate and end this lease and the term hereby granted, as well as all of the right, title and interest of Lessee hereunder, by giving Lessee ten (10) days notice in writing; and it is agreed that upon the expiration of the term fixed in such notice, if the said nonpayment, default or other cause of termination specified in such notice shall not have been made good or removed, this lease and the term hereby granted and created, as well as all of the right, title and interest of Lessee hereunder, shall, at the option of Lessor or those claiming under him, wholly cease and expire, in the same manner and with the same force and effect as if the expiration of time in such notice were the end of the term herein originally demised; and Lessor or those claiming under him may immediately or at any time thereafter and without further notice or demand enter into and upon the same premises or any part thereof, in the name of the whole, and repossess the same as of his first and former estate, and expel the Lessee and those claiming under him and remove its or their effects (forcibly, if necessary) without being taken or deemed guilty of any manner of trespass, and without prejudice to any remedies which might otherwise be used for arrears of rent or preceding breach of covenant, and that upon entry as aforesaid, 6 said lease shall be terminated; and Lessee agrees that, notwithstanding the termination of this lease and possession regained by Lessor, he will indemnify Lessor against all loss of rent which may accrue to him by reason of such termination during the remainder of the term aforesaid. In the event Lessor does not exercise the right hereinabove given him, he may accept rent from the receiver, trustee or other officer in possession thereof for the term of such occupancy without impairing or affecting in any way the rights of Lessor against Lessee hereunder. Any neglect or failure to enforce the right of forfeiture of this lease or reentry upon breach of any of the conditions, covenants, terms and agreements herein contained shall not be deemed a waiver of such right upon subsequent breach of any such or any other condition, covenant, term and /or agreement herein contained. 23. It is understood and agreed by and between Lessor and Lessee that in the event the demised premises are condemned for public use by any governmental agency, County, State or Federal, this lease shall cease and terminate and shall be of no further effect, and Lessee shall have no claim or demand of any kind or character in and to any award made to Lessor by reason of such condemnation. 24. It is expressly understood and agreed by and between Lessor and Lessee that in the event Lessor herein shall not be the owner of the premises herein demised, but shall hold a lease of the property of which the demised premises are apart, then the resulting sublease is and shall remain subject to all of the terms and conditions of such existing lease to Lessor so far as they may be applicable to the premises herein demised. 25.At all times during the term of this lease, Lessor shall have the right, by himself, his agents and employees, with at least one day's notice to Lessee, but excepting an emergency where notice is not practical, to enter into and upon the demised premises during normal business hours for the purpose of examining and inspecting the same and determining whether Lessee shall have complied with all of its obligations hereunder in respect to the care and maintenance of the premises, the repair and rebuilding of the improvements thereon when necessary, and all other terms and conditions hereof. 26. Lessee and Lessor covenant and agree to pay and discharge all reasonable costs, attorneys' fees (including appellate attorneys' fees) and expenses that may be incurred by Lessor and Lessee in enforcing the covenants, agreements, conditions and terms hereof. 27. Lessee shall have no power to do any act or to make any contract that may create or be the foundation for any lien upon the present or other estate of the leasehold and demised premises, or upon any of the buildings or improvements thereon, except as herein elsewhere specifically provided. The interest of the Lessor shall not be subject to any liens for improvements made by the Lessee and Lessee agrees to notify the contractor making any such improvements of this provision. 28. Lessee agrees that in taking this lease he is governed by his own inspection of the premises and his own judgment of their desirability for his purposes, and has not been governed or influenced by any representation of Lessors to the conditions and character of 7 Gi the building upon the premises or as to the earning capacity thereof; that no agreements, stipulations, reservations, exceptions or conditions whatsoever have been made or entered into in regard to said premises or this lease which will in any way vary, contradict or impair the validity of this lease or of any of its terms and conditions; and that no modification of this lease shall be binding unless it shall be in writing and executed and acknowledged in due form for recording by all of the parties hereto. Furthermore, Lessee takes this lease and the demised premises subject to all recorded easements and restrictions affecting the occupation and use thereof and subject to all statutes, ordinances and regulations of competent governmental authority affecting the occupancy and use thereof, the construction and maintenance of improvements thereon, and the businesses and occupations to be engaged in by Lessee, in force now and subsequently during the term of this lease. 29.Any word, group of words, phrase, sentence, paragraph or provision herein prohibited by law or decision by a court of competent jurisdiction shall be ineffective to the extent of such prohibition without invalidating the remaining provisions hereof. 30. Whenever any payment is to be made under this lease at or within a time stated and whenever any act is to be done under this lease, by either party, at or within a stated time, time shall be of the essence of this agreement. 31.Any notice from Lessor to Lessee relating to the demised premises or to the occupancy thereof shall be duly served, if addressed to Lessee, by United States Registered Mail, Return Receipt Requested, to: Division of Public Works, Facilities Maintenance Contact Monitor 3583 South Roosevelt Blvd., Key West, FL 33040 Any notice from Lessee to Lessor shall be sent by United States Registered Mail, Return Receipt Requested, to: OXFORD BUSINESS III CORPORATION. c/o Emerald Real Estate Inc. / 1401 Brickell Ave. Suite 320 / Miami, FL. 33131 32. It is distinctly understood and agreed by and between the Lessor and the Lessee that any holding over by Lessee of the herein demised premises after the expiration of this lease shall operate and shall be construed only as a tenancy at sufferance, and the tenant shall be liable for such additional rent as shall be allowed by the laws of the State of Florida then in effect, for the period of time he holds over after expiration. 33. It shall be lawful for Lessor or his agents at any time within sixty (60) days before the expiration of the term of this lease to enter upon the demised premises and to affix upon any suitable part thereof a notice or notices for the leasing of same, and the Lessee agrees not to remove any such notice or notices or to permit any of his employees, licensees or permittees to remove the same. 34. Security Deposit. Intentionally deleted. 8 35. Move -in Funds: Breakdown of move in funds is depicted below: ITEM TOTAL First $ 3,653.93 Last Waived Security Waived TOTAL $ 3,653.93 36. General cleaning and janitorial services to the Common Areas in accordance with the Building's standard cleaning schedule, and consistent with buildings comparable to the Building in the same geographical area as the Building is located. 37. Lessor and Lessee each hereby represent and warrant to the other that they have dealt with no broker, finder or similar agent, in connection with this Lease other than the Brokers. In the event that any broker or agent other than the Brokers claims a brokerage fee in connection with this transaction, the party who procured the services of such broker or on whose behalf such broker was working if the former cannot be determined, agrees to pay said fee and to indemnify and hold harmless the other party from and against any and all liability and expense in connection with any commissions, compensation. 38. Governing Law, Venue, Interpretation. Governing Law, Venue, Interpretation, Costs, and Fees: This Agreement shall be governed by and construed in accordance with the laws of the State of Florida applicable to contracts made and to be performed entirely in the State. In the event that any cause of action or administrative proceeding is instituted for the enforcement or interpretation of this Agreement, the County and Contractor agree that venue will lie in the appropriate court or before the appropriate administrative body in Monroe County, Florida. The Lessor and Lessee agree that, in the event of conflicting interpretations of the terms or a term of this Agreement by or between any of them the issue shall be submitted to mediation prior to the institution of any other administrative or legal proceeding. 39. Lessor and Lessee agree that there will be no discrimination against any person, and it is expressly understood that upon a determination by a court of competent jurisdiction that discrimination has occurred, this Agreement automatically terminates without any further action on the part of any party, effective the date of the court order. Lessor and Lessee agree to comply with all Federal and Florida statutes, and all local ordinances, as applicable, relating to nondiscrimination. These include but are not limited to: 1) Title VI of the Civil Rights Act of 1964 (PL 88 -352) which prohibits discrimination on the basis of race, color or national origin; 2) Title IX of the Education Amendment of 1972, as amended (20 USC ss. 1681 -1683, and 1685 - 1686), which prohibits discrimination on the basis of sex; 3) Section 504 of the Rehabilitation Act of 1973, as amended (20 USC s. 794), which prohibits discrimination on the basis of handicaps; 4) The Age Discrimination Act of 1975, as amended (42 USC ss. 6101 -6107) which prohibits discrimination on the basis of age; 5) The Drug Abuse Office and Treatment Act of 1972 (PL 92 -255), as amended, relating to nondiscrimination on the basis of drug abuse; 6) The Comprehensive Alcohol Abuse and Alcoholism Prevention, Treatment and Rehabilitation Act of 1970 (PL 91 -616), as amended, relating to nondiscrimination on the basis of alcohol abuse or alcoholism; 7) The Public 9 1 Health Service Act of 1912, ss. 523 and 527 (42 USC ss. 690dd -3 and 290ee -3), as amended, relating to confidentiality of alcohol and drug abuse patient records; 8) Title VIII of the Civil Rights Act of 1968 (42 USC s. et seq.), as amended, relating to nondiscrimination in the sale, rental or financing of housing; 9) The Americans with Disabilities Act of 1990 (42 USC s. 1201 Note), as maybe amended from time to time, relating to nondiscrimination on the basis of disability; 10) Any other nondiscrimination provisions in any Federal or state statutes which may apply to the parties to, or the subject matter of, this Agreement. 40. Attorney's Fees and Costs. Each party shall be solely responsible for the costs of its own attorney's fees incurred in connection with the preparation and review of this lease for execution. If any action at law or in equity shall be brought under this lease, or for or on account of any breach of, or to enforce or interpret any of the covenants, terms, or conditions of this lease, or for the recovery of possession of the demised premises, the prevailing party shall be entitled to recover from the other party, reasonable attorney's fees and costs, the amount of which shall be fixed by the court and shall be made a part of any judgment or decree rendered. 41. Non - Waiver of Immunity. Notwithstanding the provisions of Sec. 768.28, Florida Statutes, the participation of the Lessor and Lessee in this Agreement and the acquisition of any commercial liability insurance coverage, self- insurance coverage, or local government liability insurance pool coverage shall not be deemed a waiver of immunity to the extent of liability coverage, nor shall any contract entered into by the County be required to contain any provision for waiver. 42. Lessor grants Lessee the right to use two (2) parking spaces for every 1,000 rentable square feet leased with applicable signage. Guest parking can be found elsewhere in parking area. The total spaces corresponding to Lessee as per this lease is Four (4) spaces. 43. Lessee shall have the option to extend the Term for Five (5) additional One (1) year terms (the "Renewal Term "), subject to the terms of this agreement and the following provisions: (a) Lessee must exercise its options to renew by giving Lessor written Notice of exercise on or before the date that is Four (4) months prior to the corresponding Expiration Date with respect to the Renewal Terms ( "Tenant's Renewal Notice "). Lessee shall have no right to renew any of the Term(s) if at the time of said notice of exercise there is an Event of Default by Lessee which has not been cured. (b) Renewal Term(s) shall be on the same terms and conditions as this Lease, except that Base Rent shall be established by Lessor and Lessee in accordance Three (3) months prior to the Expiration Date with respect to the Renewal Term. 10 IN WITNESS WHEREOF, the parties to this commercial lease agreement have hereunto set their hands to duplicate originals the day and year first above written after having first noted and approved all interlineations, insertions, strikeouts and strikeovers the 21st day of May, 2014 Witnesses: Printed narKe: Printed name: LESSOR OXFORD BUSINESS III CORPORATION d 4fj itle: avr,tF..l� LESSEE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: Mayor Sylvia Murphy Date 11 2�. Date: May 1, 2014 Date �d .2,q • t 4 CD cn J& � a o -T CAM L- C W O LESSOR OXFORD BUSINESS III CORPORATION d 4fj itle: avr,tF..l� LESSEE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: Mayor Sylvia Murphy Date 11 2�. Date: May 1, 2014 Date �d .2,q • t 4