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EXHIBIT " B " .
<br /> i. .
<br /> LEASE
<br /> This LEASE , executed this day of 2006 , in consideration of the following
<br /> covenants, agreements, limitations , and conditions entered into by the parties hereto , the BOARD OF
<br /> COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the State
<br /> of Florida , 1840 25th Street, Vero Beach , FL 32960 , hereinafter called LANDLORD , doth lease unto David
<br /> Robert Geary, a single man , hereinafter called TENANT, the real property and facilities situated thereon ,
<br /> located in Indian River County, Florida , and more particularly described in Exhibit "A" (" premises") , which
<br /> is attached hereto and incorporated herein by reference , to be occupied only as a private , single-family
<br /> residence, and for no other purpose, for the terms commencing on the day of
<br /> 2006 , and ending on the 30th day of June, 2008 or until such time as the 66th Avenue Project begins ,
<br /> whichever occurs first. The rent shall be $-0-.
<br /> . Tenant must vacate the premises on or before the 30th day of June , 2008 . Tenant may opt
<br /> out of this LEASE anytime during the lease period by providing written notice to Landlord as such . Should
<br /> the 66th Avenue Project be postponed , the County may extend said lease at the County's sole discretion .
<br /> THIS LEASE MAY NOT BE ASSIGNED by the TENANT nor shall TENANT sublet or grant any
<br /> license to use the premises or any part of them .
<br /> PROVIDED ALWAYS , and the TENANT hereby covenants:
<br /> 1 . To make any and all repairs to the said premises, plumbing , fixtures, wiring , etc. required to
<br /> maintain the premises in livable condition . TENANT will at the end of this lease surrender and deliver up
<br /> said premises , without demand , in as good order and condition as when entered upon , loss by fire ,
<br /> inevitable accident, ordinary wear and decay only excepted . TENANT shall not make any alterations or
<br /> improvements to the premises without the prior written consent of the LANDLORD.
<br /> 2 . That in the event the premises are destroyed or so damaged by fire or other unavoidable
<br /> casualty as to be unfit for occupancy or use, then this LEASE shall thereby be determined ended .
<br /> LANDLORD shall not be liable to rebuild or replace said premises.
<br /> 3 . To permit LANDLORD or his agent, at any reasonable time , to enter said premises or any part
<br /> thereof for the purpose of exhibiting the same or making repairs thereof.
<br /> 4. TENANT agrees to keep and maintain at all time during the lease term , at TENANT'S expense,
<br /> a renter's insurance policy protecting LANDLORD against any internal damage to the house, and a
<br /> general liability policy protecting LANDLORD against all claims and demands that may arise or be claimed
<br /> on account of TENANT' S use of the premises in an amount of at least $ 100 , 000 for individual injuries and
<br /> $200 , 000 per occurrence . On the insurance policy, the LANDLORD must be named as co-insured , and
<br /> the LANDLORD must be given 30-days written notice of insurance company's intentto cancel orterminate
<br /> the policy.
<br /> 5 . To pay all charges for electricity, waste disposal , water, and gas used on said premises; not to
<br /> hold the LANDLORD responsible for any delay in the installation of electricity, water, or gas , or meters
<br /> therefore, or interruption in the use and services of such commodities .
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