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1st Renewal 02/19/2003 .. tJ. c./ "> This lease renewal agreement is made and entered into this /Lj day of '"C.-V, 2003. by and between MONROE. COUNTY, a political subdivision of the State of Florida, whose address is the Marathon Airport, 9400 Overseas Highway, Marathon, FL 33050, hereafter COUNTY, and ROBERT DEFIELD AND ROBERT CAYCE, whose address is 11425 Overseas Highway, Marathon, FL33050, hereafter TENANTS. The parties agree as follows: LEASE RENEWAL AGREEMENT WHEREAS, the October 15, 1997 lease, hereafter original lease, between the parties (with original Tenant Charles Pierce's interest assigned to Robert DeField) provided that it could be renewed for three additional five-year terms; WHEREAS, the parties agree that the Tenants inadvertently did not provide a notice to renew 30 days or more prior to October 31, 2002, as required by the original lease, but that inadvertence should not result in the lease renewal being refused; now, therefore, IN CONSIDERATION of the mutual promises and covenants set forth below, the parties agree as follows: 1. The COUNTY hereby waives and forgives the failure of the Tenants to provide written notice of their intent to renew 30 days or more before October 31, 2002. 2. The original lease is hereby renewed for an additional five-year term beginning on November 1, 2002 and ending on October 31, 2007. 3. Except as provided in paragraph two of this renewal agreement all the terms and conditions of the original lease remain in full force and effect. IN WITNESS WHEREOF, the parties have set their hands and seal the day and year first above written. By BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By ~~J# m ~ Mayor/Chairperson J./J/)L 7 WITNESSES: jdairhangardefield