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J >, LAW OFFICES VOCELLE, GALLAGHER BLOCK R. Bax I900 9R4tCf 99ACH. FLORIDA 32969 1. Lessee will defend and hold Lessor harmless of anyl action, claim or suit arising out of the use of said water distribution system. 2. In the event of any expenses incurred by the Les because of any action, claim or suit brought against Lessor or Lessee, Lessee will indemnify Lessor. 3. Lessee will maintain the water distribution syste, including but not limited to, repairs and replacements. In the event it becomes necessary for Lessor to notify the Lessee of a default under this section of this Lease, Lessee shall have fiftee (15) days within which to make such replacement or repair. 4. Lessee will surrender possession of the said water distribution system pursuant to the terms of said Water Franchis Resolution 79-12, in good working order, reasonable wear and tear only, excepted. 5. Lessee shall not assign this Lease without the prior written consent of the Lessor. 6. If the Lessee shall*become insolvent or if cy proceedings shall be begun by or against the Lessee, before the end of said term the Lessor is hereby irrevocably authorized at its option, to forthwith cancel this Lease, as for a default. 7. The terms and conditions of the said Water Franchise Resolution No. 79-12 shall be made a part of this Lease and the same is incorporated herein as the same pertains to the subject matter of this Lease. 8. This Lease shall bind the Lessor and its assigns, or successors, and the heirs, assigns, and legal representatives of the Lessee. IN WITNESS WHEREOF the parties hereto have caused t presents to be executed by their properly authorized officers the day and year first above written. LESSOR: Attest: 'cc. t", '= COUNTY OF INDIAN RIVE " -4 By t,Lc Chairman, Board of lCounty Comm. LESSEE: 7 MITCHELL BUILPERS,INC. F MIC GP AND- AND' LORIDAj ( _ �11'i By Attest: / President MAR 2 1 1979 BOOK 39 PAGE "5 J