04/01/1966 Lease
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THIS INDENTURE OF LEASE, made and entered into by a nd bet ween
MONROE COUNTY, FLORIDA (hereinafter referred to as "LESSOI\"), and
SOUTHEAST AIRLINES, INC., a Florida corporation (hereinaft('r rdern'd
to as "LESSEE"),
WITNESSETH:
WHEREAS, Lessor owns an airport known as Key West Interna1ionaJ
Airport, located in Monroe County, State of Florida (hereinaft er Cd] led the
"AIRPOR T"), and
WHEREAS, Lessee is engaged in the business of transportatiun with
respect to persons, property, cargo and mail at the Airport. and
WHEREAS, Lessee desires to lease certain premises, facilities and
rights in connection with and on the Airport and Lessor is willing to lease
same to Lessee upon the terms and conditions hereinafter stated,
NOW, THEREFORE, for and in consideration of the prenllses and of
the mutual Covenants and agreements herein contained, and other valuable
considerations, Lessor does hereby demise and let unto Lessee and Lessee
does hereby hire and take from Le ssor certain prernises, fac ilit i e sand
rights in connection with and on the Airport as follows, to-wit:
ARTICLE I - TERM; The term of this lease shall be [or a period of
one year, commencing on the I ~ '( day of-.!\ 9 f<.l <-
, A, D. 1966, and
ending on the "3 I
da y of
"'1. t4-~ Lft A, D. 1967"
AR TICLE II - RENTAL: Lessee agrees to pay Lessor for 01(> use
of the Airport, all premises, facilities and rights granted hereunder [or do-
mestic operations only, except as hereinafter set forth, an annllal rental of
$6,000.00, payable in equal monthly amounts of $500. 00 each, such paylHenla
to be made within ten days of receipt of Lessor's billing therefor; but not
earlier than the first day of each month for which the rent is applicable,
The above payments are based upon the Lessee's use of facilities
assigned to it in the Airport Tt"'nninal BIJilrlinp
:t ,"'I(' 1 h 4. n r 1 " i I (' (, ,. I. (" i\ I If' t" . din 0
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three (3) fli!Chts per day. In the event Less('e OPCl".lll'.' '11,"'" ," '. th,"/>,> flipht~;
, .
per day, Leuee .""'U lben pay 10 lbe Leuor an additional Sum of $2.50
per fliabl OVer and above lbe lhee (3) fligbts per day, such paymeplg, 10
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be in addition 10 lhe n,onlhl y pa ym ent. Coolemplat ed her eund er . Y'
ARl'ICLl: UI - l:XCLUSIVl: SPACl: IN ADMINlSTRATJON BUILDING:
The exclu.ive u.e of the .pace referred to under Arlicle II herein for such
uee. as the Le..ee may de.ire to make lhereof in connection with or inciden.
tal to ita operation of a dome.tic air traneportation system, inclUding Spe-
cificaUy but not by way of limitation lhe use of said space for ticket COunter
area, ope:rations room a:n.d carlO storage area.
ARTICLl: IV - G~JlAL USE 9F AIRPORT. L!;ASl:D I>Rl:MISES
AN D F A CILITU;S: A. duly .nthori.ed by cO"'petent Governm ental aut hOrity,
Le..ee .haU ha"e the rl,ht to optorate a domeslic transportation system, at
the Airport, bY.lrcrll.ft. for the carrlaae of per.ons, property, cargo and
mail, which right shall inClUde the following:
(I) The dabt to u.e. in common witb other domestic operators
autbod..d to do .0, the commOll are.. of the Airport and appurtenances there_
to, whleh bave been deeignated by Le..or for common use, including, but not
limited to, landin, .r.... .prons, taxiway., roadways, flood lights, ramp
lightin" beaco.... . i,nale , radio aid., .ewer.,e, Control tower, fire and
cra.h equiP"'ent .nd other connutenc.. for flylna, landlna. and take-offs of
aircraft of Les8ee.
(2) The d,ht to land, take -off, fly, taxi, low on the ground, load an d
unload alrcrll.ft and equlpm."t u.ed by Lessee in its operation of a domestic
air tranSpo11&tion system on the Airport.
f3} The right to make repairs. test, maintain, condilion, service with
fuel, 011, grea.es or other .uppUe., park or .tore aircraft or other equipment
of Les.e. or, witb prior p.rmi"lon of Lessor, of any other scheduled domes_
tic air transportaUon company, 6n premise. leased to Lessee or on premise,
leased to .ncb otber .cheduled ""tn..tfc ,Ie '''''''I'''''"''v" LV'''pcme..
(4) The rlaht to train personnel in tbe employ of, or to be employed by,
the Lessee.
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(5) The right to install, maintain and operate, at Ulssee1s expense,
by Lessee alone or in conjunction with any other air transportation compani e s
who are le...es at the Airport, or through a nominee, radio, telephone, tele-
type and other communications equipment, meteorological and aerial navi-
gation equipment and facilities in or on premises leased exclusively to Les-
see, subject to the approval of Lessor !!IO as to enable Lessor to prevent in-
terference with the reasonable use of the Airport by other authorized persons,
such approval not to be unreasonably withheld.
(6) The right to buy, sell, exchanae or otherwise dispose of Lessee's
aircraft, engines, accessories, gasoline, oil, greases, lubricants, fuel,
food and other equipment or supplies, including any article or goods used by
or bouaht for use by Lessee in connection with its conduct of domestic air
transportation.", provided that luch rigbt shall not be construed as authorizing
the conduct of a separate business by Lessee, but shall permit Lesse e to per-
form such functions a. are incident to its conduct of domestic air transporta-
tion and further provided that Lessee shall not sell gasoline, fuel, propelldntf>,
greases and other lu.bricants, except to a subsidiary or affiliated company, un-
less authorized .0 to do by Lessor.
(7) The riiht to install, maintain and operate, or cause to be installed,
maintained or operated, with.o~t cost to Lessor, in a hangar or any other
buildings exclusively lea.ed to the Lessee, a cafeteria, restaurant or other
plant for the purpose of preparing, cookini and dispensing of foods and bev-
eraaes for consumption on Lessee's aircraft, or for Lessee1s employees, but
shall not il'lc1ude the right to maintain or operate a public cafeteria or restau-
rant for the purpose of 8ellina food or beverages to the public. Any space ex-
clusively leased to the Lessee hereunder shall require an additional rental to be
paid other than the rental .et forth in "Article II -Rental" herein, to be agrepd
upon by the Lessee and Lessor when laid additional space is necessary, Neither
shall .aid right be con.idered to authorir.e the inetallation alltl operal illl! 01 :tl1to
matic: veiidiag machines of any nature at any place on the Airport.
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(8) The right to hlstall, maintain and operate, without cost to Lessor,
by Lessee alone, or in conjunction with any other air transportation compan-
ies who are lessees at the Airport, or through a nominee, a message tube
systern and other communication systems between suitable locations in the
aircraft loading area. and suitable locations in or about Lessee's hangars
and between any or all of tbe said locations and Lessee's offices, the locations
to be subject to the approval of Lessor, iri so far as the interests of safety and
convenience of all ar. concerned, -which approval shall not be unreasonably
withheld.
(9) The rigbt, directly, or through a contractor of Lessee's choice, to
transport Lessee's cargo, property and mail to, from and at the Airport by
such vehicles as Le.see or Lessee's contractor may desire or require, This
operation of suchvehides sball be subject to the reasonable regulations of the
Airport relative to the use of ground vehicles on Airport property.
(10) Th. diht to install and operate on the interior of the premises ex-
clusively lea.ed., at L....... .xpen.8, advertising signs representing its busi-
nesa, wMcb. .ign. "hall be subatantially uniform in size, type and location with
tbos. of other air tran'portatioD. companies leasing space on the premises.
The number, .ize, type, delli,n and location of all such signs shall be subject,
however, to the prior wdtt.n approval 01 the Lessor.
(ll) Con....U4athm o1.Grf>UdService8: The rights and privile.ges granted
the L.e..eh.rein, with r.s'8<:tto the performance of ground services and ac-
tivities in connection with it. air tran.portation operation at the Airport. may
be exercil.d by Le..... for and on behalf of any other domestic air transporta-
tion company or compani.. authorilud by Lessor to use the Ai rport. Without
limitation, such rigbts and privileges shall be deemed to include all activities
incidental to the handlini of relervati.,n., the ticketing of passengers, the re-
ceipt, dispatch, loading, unloading and storage of passengers and their baggage,
property, cargo and mail, and all ramp. repair, maintcll.ance, storil/o(~, fu('ljll~
and diapatcbin, service.incideatal to the operations of aire raft at t he Ai qH>rt .
......
The foregoing shall not be construed to authorize such other company or corll-
panies to Use the Airport without the payments of fees and charges established
by Lessor.
(12) The riiht to purchase, on or off said Airport, of Lesseels re-
quirements of gasoline, fuel, lubricating oil, grease, food and other passt'n-
ger supplies, and any other materials and supplies, from any person or COD'-
pany of Lessee's choice, a.nd the riaht to make agreements with any person
or company of Lesseel. choice for ,"",ork to be done for Lessee"
(13) The right to service, by Lessee, its suppliers or others, on
leased premilles, and upon the apron of the Terminal Building, La s see IS ai r-
craft ~d other equipment, by truck or otherwise, subject to regulations of
Lessor, concerttin. only tb.e orderly operation of the Airport, with gasoline,
oil, grease, ana anyatber fuel, food or supplies to be used by Lessee; such
.right IiIhall include, withou.t limiting the generalities thereof, the right to erect,
install. and maintain on said Airport, on leased premises, in accordance with
insurance underwriters' 8ta.ndarciB, adequate underground storage facilities
for such ,a80line, oil and ether inflammable fuel Or supplies, together with
neceSsary pipes, pumps, lrlotor., filters and other appurtenances, at con-.
v.enieat loeations, upon thlpayment of an additional rental other t.han the ren
tal set forth in ItArtie1e II - Rerttalll herein, to be agreed upon by the Lessee
and Le.sor, 8UC.h storage location. to be subject to prior written approval of
Lessor when said acblltionai space is necessary, such approval not to be un-
reasonably witah.ld.
(14) Par~~(!et The use by Lessee and its employees in COni1110n
only with the other air trallsport operators who may be lessees of space at the
Airport and th*beUlployee8, of adequate vehicular parking space located as
near a. possible tg said Adntirtistratioh Building, without charge to Lessee
or to .aid employees.
(15) .~.Jttol1a.r.... &ad Ell'es__~_ The riaht of illj,(reBH 10 ;tIld l'Ul"f'I'lH
irom premises and facilities of tbe Airport berein leased, without charge tv
Le.see, its employees, agents, passengers, invitees, and suppliers of
materials and furnishers 01 service.
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(16) Maintenance and Operation of Airport: _ Lessor agrees that it
will, at all times, maintain and operate and keep clean with adequate and
efficient personnel, and keep in good repair, said Airport and the appurtell-
ances, facilities and services connected therewith, and keep said Airport
and its approaches free from obstruction, congestion and interfererlce lOr
the safe, convenient and proper use thereof by Lessee and will maintain and
operate said Airport so as to entitle it to the approved rating by the Federal
Aviation Agency and all other appropriate regulatory authorities.
(17) Building by Lessee:
Lessee, at its own cost and expense, mily
construct and install, in accordance with applicable laws and ordinances, in
or on any space which is exclusively leased to Lessee, any buildings, strue-
tures or itnprovements, including equipment and underground storage tatlks
necessary for use in connection with its domestic air transportation operations,
the locations to be subject to prior written approval by Lessor, sueh approval
not to be unreasonably withheld, Lessee may at its own cost and expense al-
ter, modify, repair and maintain any buildings, structures or improvements
constructed or installed on premises leased hereunder, plans for which are to
be subject to prior written approval of Lessor, such approval not to be unrea..
sonably withheld. Any space exclusively leased to the Lessee hereunder shall
require an additional rental to be paid by the Lessee to the Lessor other than
the rental set forth in "Article II - Rental" hereunder, to be agreed upon by the
Lessee and Lessor when said additional space is necessary. Any building so
constructed on the leased premises by t.he Lessee shall at the termination of
this lease revert to the Lessor.
(18) Use of Public Address System:
Lessee shall have the priviLf'ge of
using the Airport public address system and operating a sufficient 11llD,ber of
microphones and units to properly conduct their business in the area in the
Terminal Buildini leased hereunder~ without further charge. Lessee shall
have the use of such units presently installed in the 1 eas ed space. Howeve r,
additional units used by Lessee may be procured and install ed ;),1 Lr' IHl!'!' IS f'X'.
pense and any expense involved in relocation of any units wit'] be baril(' by )d'HSE'e
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(19) Alterations and Impl"ovement8: Lessee is not aut' 'ized to make
any alterations or imprevemtlUlts to the herein leased premises without prior
written approval of Les8e:r, such. a.pproval not to be unreasonably withheld.
ARTICLE V -l1U OF TEltWINAL BUlL9lNG: The use of space in
the T1tl"minal .Buneiag lea.ed hereby shall be for purposes incidental to the
OP6ra.tion of Le....'. clome.tic air transportation business and will be in
acc.i"elance 'Witht"e m1lowt.ng conditions:
(1) O.aer&l: It b eXpressly understood that Lessor will keep the public
'pace in the Terminal Buil41aa attractively furnished, and will provide and
supply adeqll4tte \i.h.t, electricity and wa.ter for the public space; janitors and
other cteaners nee.seary to keep the public space in the Terminal Bui] ding at
all times deaR, neat, or4arly, sanitary and pre~entable.
{2} .Electricity: L...ee agrees to pay Lessor for all electricity used
by it in the space-leased ani solely occupied by it hereunder, Such electricity
will he separately metel'e4.
(3} Jaattor anciCl-.a)&iai Services: Lessee shall, at its OWn expense,
provble jbitor a.ad c:lAniaa services within the exclusive space leased and
occupie.d ..t>aun4er, ~ slt.al~ keep the 8pa~e in a clean and sanitary condition
at aUUme..
Le..OI' air... tQ provide adequate rubbish containers into which Lessee
may, witlt its OWD persoan"l,d8mp rubbish waich may accumulate in Lessee fS
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normal us. oft.. Tenniul Bail4ina.
(oi) Ttl. op.ratio.." Le...e .ball be conducted in an orderly and pro-
per DJatua'8!' and.. .. not to &fino." disturb or be oHensi ve to others at the Airport.
(5) It shall be Le.sor's respon8ibility to maintain and replace all glass
borderina both 011 the field side of the leased space and on the public corridor
of lea.ed space, except in in.tances where damaae to such glas s should occur
throu.h}he&ct. of L....e, its &lent, suppliers, passengers, or others doing
busine.s With it at the Airport, in which event Lessee will assume su,h re-
'po..sibility,
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(6) The personal property placed or installed by Lessee in the exdusive-
ly leased area shall remain the property of Lessee and must be removed on
or before the expiration of the term hereby granted. In the event of expi rai-ioll
or other termination, Lessee shall have 10 days, exclusive of Saturdays. SUI1-
days or holidays, after such termination, in which to remove its property.
(7) If Lessee shall fail to remove its property upon the expiration or
termination hereof, Lessor may, at its option, after expiration of period 1)[
grace granted by the preceding paragraph hereof, as agent for Lessee aud at
Lessee's expense and risk, remove such property to a public warehouse for
deposit, or retain the same in its Own possession, and after the expiration uf
30 days therefrom, sell the same at public auction, the proceeds of which shall
be applied first to the expenses of sale, second to any Sums OWE'd by Lessee to
Lessor, and any balance remaining shall be paid Lessee, or may take such
other action as may be necessary or desirable,
(8) Unless otherwise expressly provided or agreed, Lessee shall not
use the leased space (or permit it to be used) for the sale to its employees or
to any other person, of any beverages, food, candy, gum, Ice cream or ice
cream products, tobacco or tobacco products, periodicals, books, drugs, toys,
games, souvenirs, jewelry, novelties, clothing, flowers, sporting goods, pho..
tographic goods, or toilet articles, or for the furnishing, for a consideration,
of theatre tickets, shoe shines, pressing and cleaning (except of its employeest
uniforms), developing and printing of photographs and films, ground baggage
checking services or for the display of the advertising of third parties, except
in cases in which Lessee hAn.dles ground services for another air transportation
company, pursuant to paragraph (11) of ARTICLE IV, or for the installatiull of
any coin-operated machines or devices, or for any other purpose beyond those
herein expressly authorized.
(V The Lessor, or its authorized representative, shall have the right
at any time and as often as it considers necessary, upon request to Lessef', to
inspect the space and ..(with.out obligation to do 80) to enter thereon to make 01'-
dinary repairs and, in th.e event uf an eweral,ellcy, tu lake such act)()n Illpr,'ill
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as may be required for the protection of persons or property or othenvi Sl'
to execute the terms and conditions of this lease.
(10) The Lessee shall, at its expense, repair or replace, as may be
required, all electical incandescent bulbs or flourescent tubes or other
lighting devices located within the space leased hereunder,
(11) Improvements:
During the term of this lease, neither Lessor
nor Lessee is obligated by this lease to make any repairs, replacements.
improvements, alterations or additions of any nature, other than those spe-
cifically agreed upon in this lease, except that Lessor shall make such st rue-
tural repairs as may be required to keep the leased space usable for the pur-
pose. leased.
ARTICLE VI - INSURANCE AND INDEMNITY: Lessee shall maintain
public liability, Airport liability, aircraft liability, fire and property damage
insurance, and shall carry Workments Compensation and employers I liability
insura.nce &.8 required by law, LesfJee shall indemnify and hold harmless
Lessor from any and a.ll demands, losses, liabilities or judgments, together
with costs and expenses incident thereto, which may accrue against, be charged
to, or be recoverable from Lessor as a result of the negligent acts or omis-
sions of Lessee, its employees or agents in connection with Lessee's use and
occupancy of the demised premises, excluding, however, such as may be.
occasioned by the negligence of Lessor, its employees or agents. Les sor
shall give to Lessee prompt and timely notice of any claim made or suit i nsti-
tuted, which in any way, directly or indirectly, contingently or otherwise,
affect or might affect, Lessee and Lessee sha.ll have the right to compromise
or participate in the defense of the same to the extent of its own interests.
ARTICLE VII - QUIET ENJOYMENT: LeSBor agrees that, on payment
of the rentah, fees and charges herein provided for, and performance of the
covenants and agreements on the part of Lessee to be performed hereunder,
Lessee shall peaceably have a.nd enjoy the leased premises, rights and fae i li-
ties herein granted.
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ARTICLE VIII - CANCELLATION BY LESSOR: In the event Lessee
shall file a voluntary petition in bankruptcy or proc eedings in bankruptcy
shall be instituted against it and Lessee is thereafter adjudicated bankrupt,
pursuant to such proceedings, or that the court take jurisdiction of Lessee
and its assets, pursuant to proceedings brought under the provisions of any
Federal reorgani&ation act, or that a receiver of Lessee's assets shall be'
appointed, or th.at Les see shall be prevented by any final action of any F'ed-
eral or State authority from conducting and operating its transportation sys-
tern for the carriage of persons, property and mail by aircraft at the Ai rport,
or that Lessee shall fail to perform, keep and observe any of the terms, cov!'-
nants or conditions herein contained on the part of Lessee to be performed,
kept or observed, Lessor may give Lessee notice in writing to correct such
condition or cure such default, and, if any such condition or default shall con-
tinue for 30 days after the receipt of Buch notice by Lessee, the Lessor may,
after the lapse of said 30 days period and prior to the correction or curing of
such condition or default, terminate this lease by a20 days written notice
and the term hereby demised shall thereupon cease and expire at the end of
such. 20 days in the same manner and to the same effect as if it were the ex-
pi radon of the original term.
ARTICLE IX - CANCELLATION BY LESSEE: Lessee, in addition to
any right of cancellation or any other right herein given to Lessee, may can-
cel this lease in its entirety and terminate all or any of its obligations here-
under at any time by 30 days written notice upon or after the happening of allY
one of the following events:
A, Any failure or refusal by the Federal Aviation Agency to pern it
Lessee to operate into, from or through said Airport with the type of equip-
ment which Lessee happens to own at any time.
B. The breach by Lessor of any of the covenants or agreements here-
in contained and the failure of Lessor to remedy such breach fora period of
30 day. after 1"eceipt of W.,.ittl"'11 11oti..-(' o~ thc'
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C. The inability of LessPf' to lIRe Raid prf'tnIR('S alld f.t,jlili('s ,",lll
tinuing for a longer period than 30 days due to any law or order, rule ur
regulation of any appropriate governmental authority having jurisdiction
over the premises or the operations of Lessee, except that, upon the in-
ability of Lessee to use the Airport and leased premises because oi W,U",
earthquake, or other casualty, Lessee may suspend this lease durillE: sllch
inability. During the period of any such suspension the Lessor retains t.h('
right to utilize the leased premises asit deems advisable. The inability
of the Lessee to use said premises and facilities due to strikes of it s r'nl-
ployees shall not be considered grounds for the Lessee to terminate or (allel'!
this lease.
D, The termination of Lessee's obligations or right to carry passC'ngers
and/or United States .Air Mail to, from or through Key West, Florida.
ARTICLE X - ASSIGNMENT AND SUBLETTING: Lessee shall IWl, .it
any time, unless provided for elsewhere in this lease, assign this lease or
any part thereof, nor shall Lessee sublet the premises nor any part thereof
herein leased to Lessee, without the prior written consent of Lessor, except
that, without such consent, Leseee may assign this lease to any corporation
with which Lessee is affiliated, may merge, consolidate. or which ma.y sue"
. ceed to the business of Lessee.
ARTICLE XI - SUCCESSORS AND ASSIGNS BOUND BY THIS AGREE-
MENT:
All the covenants and agreements in this lease shall extend [0 and
bind the legal representatives, successors and assigns of the respective par-
ties hereto.
ARTICLE XII - DAMAGE OR DESTRUCTION OF PREMISES:
H any
building of Lessor in which Lessee occupies exclusive space hereunuer shall
be partially damaged by fire, the elements, the public f'nemy or other (;U-;\l,tl-
ty but not rendered untenantable, the same shall be repaireu with due diligence
by Lessor at its own cost and e:x;pense, If the damage shall be so extensive a.s
to render such building untenantable but capable of being repaired i.n){) days,
tht'l .Am... .hlllll ht" r~p"ir,.rf with tllll" oill~!l"n(',. hv I '''h'Il!' ;11 It-l \>\':11 (\llll .Ill.!
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expense and the rent payable hereunder, with respect to Lessee's exclusive
space in such building, shall be proportionately paid up to the time of such
damage and shall thenceforth cease until such time as such building shall 1)('
fully restored. In case any such building is com.pletf~ly destroyed by fir",
the elements, the public enemy or other casualty, or so darnaged that it
will or does remain untenantable for more than 30 days, at the option of
Les see, either:
(1) said building shall be repaired or reconstructed with due diligence
by Lessor at its own cost and expense, and the rent payable hereunder with
respect to Lessee's exclusive space in said building shall be proportionately
paid up to the time of such damage or destruction and shall thenceforth cease
until such time as said building shall be fully re stored; or
(2) if within 12 months after the time of such damage or destruction,
said building shall not have been repaired or reconstructed for Lessee's use,
Lessee may give Lessor written notice of its intention to then cancel this
lease in its entirety or to cancel as of the date of such damage or clestruc-
tion, such part of this lease as relates only to said building.
In the event that the Airport, or any other premises herein leased.
shall be rendered untenantable or unusable because of the condition thereof.
there shall be a reasonable and proportionate abatenlent of the rentals, fees
and charges provided for herein during the period that the saIne are so un-
tenantable or unusable.
AR TICLE XIII - NOTICES: A bill or statement may be rendered or
any notice or communication which Lessor may desire to give Lessee shall
be deemed sufficiently rendered or given if the saIne be in writing and sent
by registered or certified mail, addressed to Lessee at
P. O.__Aox 2497,
A. M. F., Miami, Florida
. or at the address Lessee nlay
substitute therefor by notice to Lessor, or left at such address, and the tinlf'
of rendition of such bill or statement and the giving of such notice or C0111-
rnunicatioll Rhall IH~ d(~(.n.l(~d In 'hI' Ib,. fin,,' Wh"fl !I". ''''',,'' i,: !.",il",1 1../1 ..,'
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delivered as herein provided. Any notice frOTTI Lessee to Lessor shall be
validly given if sent by registered or certified THail. addressl'd to the Puard
of County Commissioners. Monroe County Court I-louse, Key West, Florida,
or such other address as Lessor shall hereafter designate by notice to Lessee.
ARTICLE XIV: In the event the Lessee and/or its legal representatives,
successors and assigns, during the tern1 of this lease engage in flying in-
ternational flights from and to the Airport, then the Lessee shall pay an
additional rental other than the rental set forth in " Artie Ie II - Rental" here-
in, to be agreed upon by the Lessee and Lessor, which said rental will be
for the additional use of the Airport and additional services furnished by the
Lessor.
AR TICLE XV :
The Lessee shall have the right to renew this lease
for an additional term of I year, at rentals to be mutually agreed upon at
the time of such renewal between Les sor and Les see.
IN WITNESS WHEREOF, the parties have caused these presents to
r,AD
MONROE COUNTY,
Iq66.
be executed as of the Id- day of
Signed, sealed and delivered
in Our Presence:
FLORIDA
Mayor of M County and Chair -
man of the Board of Count y Corn-
missioners.
(Seal)
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k~~
Clerk of the Circuit Court of Monroe Coun-
ty, Florida and ex officio Clerk of the
Board of County Con1missioners of Monroe
County, Florida,
Y.
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SOUTHEAST AIRLINES, ING.
BY~; '<~-"-_, n ~_u__
r sldent. III""
(Sl'<I1 )
Attest:
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