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NOW, THEREFORE , for good and valuable consideration , the receipt and
<br /> sufficiency of which is hereby acknowledged , and intending to be legally bound hereby, the
<br /> parties hereby agree as follows :
<br /> 1 . The County as landlord does hereby sublease to Airmasters , and Airmasters
<br /> hereby subleases from County as landlord , the Subleased Premises on the terms and
<br /> conditions set forth in this Sublease . The term of this Sublease is 20 years (" Initial Term " ) ,
<br /> Provided Tenant is not in default of any of the terms , conditions , or covenants under this
<br /> Sublease , Tenant shall have the option to renew this Sublease ("Renewal Option " ) at the
<br /> end of the Initial Term , for one ( 1 ) additional ten ( 10 ) year term ( " Renewal Term" ) . Tenant
<br /> must provide written notice of exercise of the Renewal Option to County at least one ( 1 )
<br /> year prior to the expiration of the Initial Term .
<br /> 2 . As rent for the Subleased Premises , Tenant shall pay to County the sum of two
<br /> hundred ($200 . 00 ) per year for each year during the Initial Term and the Renewal Term of
<br /> this Sublease . Tenant shall pay any taxes that may be assessed in connection with this
<br /> Sublease and in connection with Tenant' s use of the Subleased Premises , including , but
<br /> not limited to , sales and use tax , ad valorem tax, tangible property tax, and intangibles tax.
<br /> 3 . Tenant shall use the Subleased Premises for the limited purposes of operating
<br /> and maintaining a radio-controlled model airplane flying facility ; conducting radio-controlled
<br /> model airplane flying events ; and radio-controlled model airplane flying by members of the
<br /> Tenant' s "Airmasters Radio Control Club , Inc . " and Tenant' s invited guests . Tenant shall
<br /> operate the radio control model airplane facility in accordance with all applicable state and
<br /> federal laws , rules , and regulations , and all applicable Indian River County ordinances and
<br /> policies . No person shall be excluded from participation in , be denied the benefits of, or be
<br /> otherwise subjected to discrimination in the use or operation of the Subleased Premises ,
<br /> or any of the programs of Tenant that are conducted in , on , or at the Subleased
<br /> Premises , on the basis of age , gender, disability, race , color, creed , national origin ,
<br /> religion , or ancestry.
<br /> 4 . All improvements heretofore made by Tenant under the prior License
<br /> Agreement have been and are herby ratified and approved . In addition , Tenant shall make
<br /> any other necessary improvements on the Subleased Premises in order to accommodate
<br /> radio- controlled model airplane flying , at Tenant' s sole expense . Any such improvements
<br /> shall be subject to County' s prior written approval . Tenant shall maintain such
<br /> improvements as may be required by County . Tenant shall maintain the Subleased
<br /> Premises in a clean condition during the term of this Sublease by promptly removing and
<br /> properly disposing of all litter, rubble , trash , and debris .
<br /> 5 . County reserves unto itself the right to license , use , or allow the use of the
<br /> Subleased Premises for any public purpose , provided such license or use does not
<br /> unreasonably interfere with the operation of Tenant' s radio control model airplane flying .
<br /> 6 . Any and all improvements made by the Tenant to the Subleased Premises
<br /> shall become the property of the County at the time of expiration or termination of this
<br /> Sublease . However, if any improvements made by the Tenant to the Subleased Premises
<br /> remain after expiration or sooner termination of this Sublease , County may arrange for
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