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06/28/1982 Lease ...." LEASE THIS LEASE is made and entered into on the 28th day of June , 1982 by and between the County of Monroe, State of Florida, a political subdivision of the State of Florida, Lessor, hereinafter referred to as "County", and AIR CARGO AMERICA, INC., a Florida corporation, Lessee, hereinafter re- ferred to as "ACA". WHEREAS, County owns an airport known as Key West Inter- national Airport located in Key West, Monroe County, Florida, hereinafter referred to as the "Airport", and WHEREAS, ACA is engaged in the business of air transportation of cargo, mail and other property, and WHEREAS, ACA desires to obtain certain rights and privileges ln connection with the use of the airport facilities, and the County is willing to grant and lease the same to ACA on a non- exclusive basis, upon the terms and conditions hereinafter stated. NOW, THEREFORE, for and in consideration of the mutual co- venants and agreements herein contained, and other valuable con- siderations, County does hereby lease unto ACA, and ACA does here- by lease from County certain premises and facilities, rights and privileges, as follows: (1) Premises. County does hereby lease to ACA, and ACA leases from County, premises as indicated on the attached Exhibit A, made a part hereof. (2) Use of the Airport. ACA shall be entitled to use, in common with others authorized to do so, the airport facilities and appurtenances, together with all equipment improvements and services which have been or may hereafter be provided at or ln con- nection with the Airport for common use, in the operation of a business for the transportation of cargo, mail and other property by air. (3) Term. The initial term of this lease shall be eleven (11) months, commencing November 1, 1981, and ending on September 30, 1982. ACA shall have the option to renew this lease for additional Page 1 of 4 Pages terms of one (1) year or more each, upon such terms and conditions and rent as may be agreed to by the parties. (4) Rent. During the initial term of this lease, ACA shall pay to the County, rent in the amount of $45.00 per month, plus applicable Florida State sales tax, payable on or before the first of each month of the term. (5) Fees. In addition to the rent aforesaid, ACA shall pay, to the County, landing fees as charged by the County from time to time for the use of the airport facilities used in common with others. (6) Lease Hold Improvements. ACA shall have the right to erect a building on the leased premises for cargo handling pur- poses and office space. Such buildings, and any other improvements made to the leased premises, shall be made only with the written consent of County, through its Airport Manager, and shall be made in accordance with all applicable State and County building codes and requirements. (7) Common Areas. ACA shall have the right to use, in common with others, the Airport space and facilities to permit landing, taking off, taxiing, loading, unloading and servicing of ACA aircraft, subject to reasonable rules and regulations of County as to the use of such common spaces and facilities. (8) Right of Ingress and Egress. ACA, its agents, em- ployees, customers, suppliers, and patrons shall have the right of ingress and egress to and from the leased premises, which shall not be unreasonably restricted by County. (9) Utilities. ACA shall be responsible for obtaining elec- trical service, water service, trash removal service, and similar utility services, as needed, and shall be responsible for paYlng for its use of such utility services. (10) Assignment. The premises leased hereunder may not be sublet, and this lease may not be assigned without the written con- sent of the County. (11) Maintenance of Premises. ACA shall be responsible for and shall properly maintain the lease premises, and upon the ter- mination of this lease, shall leave the premises in, at least, as Page 2 of 4 Pages good condition as at the time of the commencement of this lease, normal use and occupancy excepted. 12. Insurance. ACA agrees to indemnify and save County harm- less from and against all claims and actions and expenses incidental thereto, arising out of damages or claims for damages resulting from the negligence of ACA, its agents, or employees in the sue or oc- cupancy of the leased premises and the common areas of the Airport facilities by ACA. ACA shall carry and keep in force Public Liability Insurance covering personal injury and property damage with an in- surance company authorized to do business in the State of Florida, having minimum limits of liability for personal injuries in the amount of $500,000.00, and for property damage in the amount of $250,000.00, and to furnish County with certificates of such insurance. 13. Default. The failure of ACA to pay any installment of rent when it becomes due or any other charges or fees shall be due within ten (10) days after County transmit a statement therefore. Further, the failure of ACA to perform any other of the covenants of this lease, which failure shall continue for a period of fif- teen (15) days after notice therof is given to ACA in writing by the County shall also constitute a default under the terms of this lease. In the event of a default, County may, at its options, de- clare the lease forefeited and may, immediately, re-enter and take possession of the leased premlses, and this lease shall terminate. If it shall be necessary to employ the services of an attorney in order to enforce its rights under this paragraph, or to collect any of its rentals or fees or charges due, County shall be entitled to reasonable attorney's fees. 14. Cancellation of Lease. County may cancel this lease agreement by giving ACA sixty (60) days advanced written notice upon the happening of anyone of the following events: the filing of a voluntary petition in bankruptcy by ACA; the institution of a involuntary proceeding in bankruptcy and the adjudication of ACA as a bankrupt; the taking by a court of competent jurisdiction of ACA and its assets pursuant to a proceeding under the provisions of any federal reorganization act; the appointment of a recelver Page 3 of 4 Pages of ACA's assets; the divesting of ACA's lease hold estate by the other operation of law; the abandonment by ACA of AIR CARGO trans- portation business at the airport for a period of sixty (60) days. IN WITNESS WHEREOF, the parties hereto caused this lease to be executed as of the day and year above written. COUNTY OF MONROE, STATE OF FLORIDA (SEAL) ~;~:;~ ~~~o.~lr~~ AIR CARGO AMERICA INC. fI~ A.41 By ~ r /~( !/CJY'--/I/Ir~a President (Corporate Seal) Attest: /-, r ,~, ,r\ l~i/'l ~ jof . /' ,I ; " Ig '~Z/(.ij(tJ. AY. /\;; /,;JMl(~) Secretary ~.4PP. O. VED AS 70 PORM l. GAl.S.U':/CfENf') "'Y ~~. e..JX- tf ~__l;, ... -. r I ...~'h'" , ~_.....- At!~. 0Ifit:e Page 4 of 4 Pages c.n ~ n ,., l> -< r ~ fTI ,., ~ (J) m ,.,~ - -<- = x Z II ~ ~ :I: ,.,,., 0 - (J) ::0 O. CD ~Z - J> .,,~ r - -f 00 ::oZ - J> or 1> J> J> n ::0 " }> 0 ::0 ~ z p ::0 0 ,., '" < tIl n - :u (J) - "V - -4 o _ Z ~ (J) j . 0 -f_ on .b .b .:u -f f71 f71 .b 0 ,., ~ (J) ~ I Z I ,., , o , " " \ \ I I -- -- -- / ---' (.0- ",'" '" '- '" ./ ./ '" , \ \ ./ o o \ \ , \ \ \ \ \ \ , \ , \ '- N 8. -' '" ,,:.;,,-, LJ "./( , '" \ I /'" \ \ / \ \'. n \ '. \ \ \ \