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1 <br />1'73 X32 ®FFtCiAL RECORD <br />coca 535 TRE570 <br />L E A S E <br />THIS LEASE dated this 19th day of November, 1976, between the CITY OF VERO <br />BEACH, a municipal corporation of the County of Indian River in the State of Florida, <br />herein referred to as "lessor" <br />A <br />N <br />D <br />THE COUNTY OF INDIAN RIVER, a county in the State of Florida, herein referred to as <br />"Lessee" <br />WITNESSETH: ' <br />SECTION I <br />Lessor, in consideration of the terms and conditions hereof, hereby <br />leases <br />to lessee and lessee hereby leases from lessor, the real property hereinafter <br />referred <br />to as "the demised premises", located in the City of Vero Beach, Indian River <br />County, <br />Florida, and more particularly bounded and described as follows: <br />Commence at the northwest corner of the southwest quarter <br />of Section 26, Township 32 South, Range 39 East, Indian <br />River County, Florida, thence run east along the north <br />line of aforesaid southwest gi:rter a distance of 1924.95 <br />feet to a point; thence with a deflection angle of 74° 53' <br />turnP9 to the right run 25.88 feet; thence rt,- south and <br />easterly along a line that lies 10 feet west of and parallel <br />to the west right-of-way of the Florida East Coast Railway <br />a distance of 3545.83 feet; thence with a deflection -angle <br />of 220 30' turned to the right run 52.0 feet to a point; <br />thence with a deflection angle of 220 30' turned to the <br />left run south and easterly along a line that lies 30 feet <br />west of and parallel to the west right-of-way of the Florida <br />East Coast Railway a distance of 2195.50 feet to a point; <br />thence with a deflection angle of 103° 10' turned to the <br />right run west a distance of 109.66 feet and to the point <br />of beginning; thence with a deflection angle of 90° 0' <br />turned to the right run north 30.0 feet; thence with a <br />deflection angle of 90° 0' turned to the left run west <br />50.0 feet; thence with a deflection angle of 90° 0' turned <br />to the left run south 50.0 feet; thence with a deflection <br />angle of 90° 0' turned to the left run east 50.0 feet; <br />thence with a deflection angle of 90° 0' turned to the <br />left run north 20.0 feet to the point of beginning; contain- <br />ing 0.06 acres. <br />SECTION II <br />The term of the lease shall be for a period of twenty-five (25) years or <br />for so long as the use specified in Section III below continues, commencing on <br />the <br />