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LEASE - RESIDENTIAL <br /> 1 , PARTIES . The parties to this lease are : <br /> 1 . 1 INDIAN RIVER COUNTY , a political subdivision of the State of Florida , with a <br /> mailing address of 1840 25 `h Street , Vero Beach , FL , 32960 , as LESSOR ; and <br /> 1 . 2 MARGARET A . RYALL , with a mailing address of PO Box 700651 , Wabasso , FL 32970 as <br /> LESSEE . <br /> 2 , PREMISES . <br /> 2 . 1 Lessor hereby leases to Lessee the following property ( the premises ) : <br /> The house and improvements ( single family residence ) located at 7780 Wabasso Road , <br /> Wabasso , Florida . The house is located on real property described in the deed <br /> recorded in Official Records Book 536 , Page 639 , Public Records of Indian River <br /> County , Florida . IRC tax parcel # 38 - 31 - 25 - 00000 - 70000 - 0004 . 0 . This lease <br /> includes house and improvements only ; it does not include other real property . <br /> 3 . TERM , <br /> 3 . 1 This lease begins on 2006 and ends one year later , unless sooner <br /> terminated ( the term ) . <br /> 3 . 2 Lessee agrees to notify Lessor , 30 days before vacating the premises , of Lessee ' s <br /> intent to vacate the premises any earlier than the date the end of the term . <br /> 3 . 4 If Lessee remains on the premises with Lessor ' s permission after the lease has <br /> terminated this Lease shall continue and shall be deemed to be month to month . <br /> 4 . RENT . Lessee agrees to pay Lessor and Lessor agrees to accept the following sums as <br /> rent : <br /> 4 . 1 Base Rent . <br /> 4 . 1 . 1 The sum of $ 10 . 00 as annual rent payable at the beginning of the term . <br /> 4 . 1 . 2 Lessor acknowledges receipt of $ 10 . 00 as the base rent due . <br /> 4 . 2 Additional Rent . The following will be considered additional rent : <br /> 4 . 2 . 1 All other costs or charges to be borne by Lessee under this lease whether or <br /> not <br /> advanced by Lessor , including but not limited to insurance , and the cost of repairs and <br /> maintenance . <br /> 4 . 3 All rent must be paid in United States currency without demand , setoff , or <br /> deduction to Lessor at the address provided in section 1 . <br /> October 29 , 2005 <br /> Page 11 <br />