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gF LEASE EXTENSION Avt3 - 0 ,5" I This Agreement for Lease Extension ("Amendment") entered into on the 1 nth day of March, 2013 , by Indian River County, a political subdivision of the State of Florida, 180127 1h Street, Vero Beach, FL 32960 ("County"), and John A . Jackson, Jr. , ("Tenant") whose address is 6855 60h Avenue, Vero Beach, FL 32967 . WITNESSETH The County contracted to purchase Tenant ' s property on March 10, 2009 . The property consists of 1 . 75 acre and a single family home where the Tenant resides ; and WHEREAS , the purchase of the property was in lieu of eminent domain, as the County is planning widening and improvements to 66`h Avenue ; and WHEREAS , as part of the consideration for purchase of the property, the County agreed to lease the property back to the Tenant for one dollar ($ 1 . 00) per month. The current lease expires on March 31 , 2013 ; and WHEREAS , the Tenant has requested an extension to the lease and the County is not planning to begin road construction of the 66`h Avenue Project within the next 36 months ; and WHEREAS , the County has no objection to extending its lease with Tenant, with the lease extension to expire on March 31 , 2016 or 60 days after advertisement of the bid to construct this section of 66`h Avenue, whichever occurs earlier; and WHEREAS , the tenant agrees that the fair market rental value of the Leased Premises is $ 800 . 00 per month. NOW , THEREFORE, in consideration of the mutual terms and promises stated herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the County and Tenant agree as follows : 1 . The foregoing recitals are incorporated as if fully restated herein . 2 . Paragraph 1 of the certain Lease dated March 10, 2009 is hereby amended to terminate on March 31 , 2016 or 60 days after advertisement of the bid to construct this section of 66`h Avenue, whichever occurs earlier. 3 . Paragraph 1 of the lease is also amended to provide for Tenant to pay Landlord rent in the amount of $ 800 . 00 per month in advance effective March 10, 2013 and on each 10`h day of each month, thereafter. 4 . Except as amended herein, the terms and conditions of the Lease shall remain in full force and effect. To the extent of any conflict between the terms of this Amendment and the terms of the Lease, the terms of this Amendment shall control .