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Vacant Land Approximate MM 104.5 02/11/1975 LEA S E THIS INDENTURE, Made and entered into this 11 day of February , A.D. 1975, by and between MONROE COUNTY, FLORIDA, a political subdivision of the State of Florida, hereinafter called the Lessor, which term shall include its legal representatives, suc- cessors and assigns wherever the context so requires or admits, of the first part, and KEY LARGO VOLUNTEER FIRE DEPARTMENT, a corpora- tion not for profit, organized and existing under the laws of the State of Florida, hereinafter called the Lessee, which term shall in- clude its legal representatives, successors and assigns wherever the context so requires or admits, of the second part, WITNESSETH, that the Lessor by these presents leases unto said Lessee the following described premises, situate, lying and being in the County of Monroe and State of Florida, to-wit: All of that parcel of Lot 6, lying Southeasterly of Florida East Coast Railway right-of-way, containing .5 acres, more or less, in Section 12, Township 61 South, Range 39 East, recorded in Plat Book 1, Page 68, Public Records of Monroe County, Florida. TO HAVE AND TO HOLD the premises aforesaid unto the said Lessee from the ~ day of February ,A.D. 1975, for a term of 99 years then next ensuing, said lease being under the following terms and conditions: ~. " 1. The Lessee shall pay unto the Lessor the total rental of $99.00 for said term of 99 years, said sum to be payable as follows: $1.00 payable upon the execution and delivery of this Lease, which shall cover the yearly rental for the first year of this Lease; $1.00 on the 11 day of February , A.D. 1976; and $1.00 on the ~ day of Febr~ary each and every year during ~remainder of the term of this Lease. 2. It is understood and agreed by and between the Lessor and the Lessee that the Lessee will: (a) Use the leased premises for a volunteer fire station and other related purposes. (b) Pay the rent herein reserved at the time and in the manner stated herein. -2- (c) Have the right to construct a fire station build- ing on the leased premises, at its own cost and expense. The plans for any such building shall be subject to approval by the Lessor, and if at any time during the term of this Lease the de- mised premises ceases to be used for any purposes other than those hereinabove set forth, any such building constructed thereon shall become the property of the Lessor. (d) Pay any and all charges for garbage disposal, and for gas and fuel, if any, and all installa- tion charges for same. (e) At its own expense, keep and maintain all plumb- ing and pumps, if any there be, and maintain and keep the leased premises in a clean and sanitary condition. (f) Permit the Lessor or its agent to enter upon the leased premises at all reasonable times for the purpose of viewing and inspecting the condition thereof. (g) Make no improper or unlawful use of the leased premises. (h) Maintain the necessary insurance covering damage to any equipment belonging to the Lessee, and insurance coverage which will protect the legal liability of Lessor and Lessee to payoff claims for personal injury or death resulting there- from, on account of accident to third parties or the public, which might arise out of or in connection with Lesseels use of said premises. The minimum limits of such policy or policies shall be $100,000.00 for accident involving one person, and $300,000.00 for accident involving more than one person. Lessee shall also maintain ~roperty damage insurance in a minimum amount of ~25,000.00. The policy or policies covering personal injury or death shall carry an endorse- ment stating that in any suit or action by Lessee's servants, agents or employees, brought against the Lessor, which might arise out of or in connection with Lessee's use of said premises, such servants, agents or employees shall be con- sidered members of the public. Lessee shall obtain any and all such insurance at its own cost and expense, and furnish Lessor with adequate evidence of having obtained same. (i) As a further consideration for this Lease, in addition to the rental hereinbefore set forth, to begin construction of the building referred to in paragraph 2(c) herein within 5 years from the date of this Lease. In the event construc- tion of said building is not commenced within said 5 year period, this Lease shall be null and void and of no force and effect, and Lessor may, at its option, forthwith declare this Lease for- feited, and may immediately enter upon and re- possess said leased premises. (j) At the expiration of the term of this Lease, without demand, quietly and peaceably deliver up full possession of the leased premises in good condition, reasonable wear and tear and damage by fire and the elements only excepted. - 3- (k) Not assign this Lease, or sublet the leased premises or any part thereof, without the ex- press written consent of the Lessor so to do. 3. The Lessor hereby covenants with the Lessee that upon the performance by Lessee of the covenants and agreements hereinbefore set forth, Lessor will permit Lessee to quietly hold and enjoy the demised premises without any interruptions by the Lessor or by any person or persons claiming by, through or under it. 4. It is mutually understood, covenanted and agreed by and between the parties hereto that in case at any time default shall be made by Lessee in the payment of any rent herein provided for upon the day the same becomes due and payable, or in the fai!ure to perform any of the covenants of this Lease, and such default of payment shall continue for 30 days after notice thereof is given in writing by the Lessor, or failure to correct any violation shall continue for 10 days after notice thereof is given in writing by the Lessor, or its agents or attorneys, to the Lessee, the Lessor may, at its option, forthwith declare this Lease forfeited, and may immediately enter upon and re- possess said premises. 5. In the event the Lessee discontinues the use of the premises leased herein as a volunteer fire department station, this Lease shall then become null and void and of no force and effect and shall revert to Monroe County, Florida, as such lands can only be used for the purpose set forth in that certain deed between the School Board of Monroe County, Florida, and Monroe County, Florida, copy of which is attached hereto and made a part hereof. IN WITNESS WHEREOF, the parties hereto have caused this in- strument to be executed in their respective names, all as of the day and year first above written. Signed, Sealed and Delivered in Our ~~es encen ' \~M\~ \ N~~) o . o<1~ /? Cdc<2 0) As to the sor MONROE COUNTY, FLORIDA (SEAL) nroe As to the Lessee -4- By -/SEAL) Atte~j .. /. . ~ ,UJa~ f!; / 7 Secretary