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LEASE AGREEMENT This Lease entered on this 15th day of September 2009 by the BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY , FLORIDA, a political subdivision of the State of Florida called the " Landlord" , 1801 27th Street Vero Beach , FL 32950 and William Stanbridge and da 332967 Stan nr' considerat on of thedge , hereinafter llm tuathel " Tenant" . 4855 66th Avenue , Vero Beach , promises and agreements set forth below , hereby agree as follows : WITNESSETH : 1 . PROPERTY AND TERM : The Landlord hereby leases to the Tenant that part taken known as Parcel 109 in Case No . 2009-0963CA-05 , a portion of the land and improvements located at 4855 66 Avenue , Vero Beach , County of Indian River , Florida 32967 the " Leased Premises more particularly described as follows : See Exhibit "A" the legal for Parcel 109 . For the term of one year commencing from the date the County deposits its good faith estimate of value with the registry of the court and terminating one year from that date of deposit . The rental rate shall be $ 1 . 00 per month payable in advance . ly renewed 1 . 1 RENEWAL OF LEASE : Thisdoes nothnterfere with the cease sall be lomme cement for six (6) month periods so long as the tenancy of the 66th Avenue Improvement Project . 1 . 2 EXTENSION OF LEASE : If the shall tenancy es terms . five ( 5) years from the date of closing , then the parties negotiate new eas 1 . 3 TERMINATION OF LEASE BY TENANT : Tenant may opt out of this Lease anytime during the lease period by providing written notice to Landlord as such . 1 . 4 TERMINATION OF LEASE BY COUNTY : During any renewal period term) the County may terminate this Lease by giving written (after the initial one year notice to Tenant that the County will in good faith commence oad construction u s' defined as Avenue Improvement Project . The commencement oft project written notification by Indian River County that funds are available and intends in good fter its bids are received and awarded . Upon faith to begin construction of the Project a such notification tenant will have forty-fiv 45) days from the date the sed Premises here n written notice is received to vacate the part taken known as the 2 . USE OF PREMISES : During the term of this Lease , the Tenant shall use the Leased Premises for any lawful residential use . Tenant will obtain prior approval before subletting the part taken . Any sublease of the part taken will be in