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LESSEE Site I.D.
<br />LAND LEASE AGREEMENT
<br />This Agreement, made this 20th day of February
<br />River County, a Political subdivision Of the State 0 20 07 between Indian
<br />f Florida, with its mailin�addrcss located at
<br />1840 25" Street, Vero Beach FL 32960, hereinafter designated LESSOR, and VERIZON
<br />WIRELESS PERSONAL COMMUNICATIONS LP d1bla Verizon Wireless, with its principal
<br />Office located at One Verizon Way, Basking Ridge, New Jersey 07920, hereinafter designated
<br />LESSEE. The LESSOR and LESSEE are at times collectively referred hereinafter as the
<br />"Parties" or individually as the,'party-, IT to
<br />1. MLM_1SES. LESSOR hereby leases to LESSEE a portion of that certain parcel
<br />of property (the entirety of LESSOR's property is referred to hereinafter as the Property), located
<br />at 8865 N. Hwy. AIA, Vero Beach, Indian River County, Florida 32963 and being described as a
<br />25° by 100' parcel containing 2500 square feet, as described in Deed Book 843 at Page 2237, as
<br />recorded in the Recorder's Office of Indian River County, State of Florida, together with the
<br />non-exclusive right for ingress and egress, seven (7) days a week twenty-four (24) hours a day,
<br />'on foot or motor vehicle, including trucks, and for the installation and maintenance of utility
<br />wires, poles, cables, conduits, and Pipes over, under, or along a fifteen foot (15') wide right-of-
<br />way extending from the nearest public right-of-way, N. Ilwy. AIA, to the demised premises. The
<br />demised premises and right Of way for ingress and egress and light of way for utilities
<br />(hereinafter collectively referred to as tile "Premises") are as described herein in Exhibit A
<br />attached hereto and made I part hereof, and as shown on that certain survey attached hereto and
<br />incorporated herein as Exhibit B.
<br />In the event any public utility is unable to use the aforementioned right-of-way, the
<br />LESSOR hereby agrees to grant an additional right-of-way either to the LESSEE or to the public
<br />Utility at no cost to the LESSEE.
<br />2. SURVEY. LESSOR has granted to LESSEE the right to survey the Property
<br />and the Premises, and said survey is attached hereto and made a pan hereof as Exhibit B, and
<br />shall control in the event of boundary and access discrepancies between it and Exhibit A,
<br />LESSEE shall provide LESSOR with a copy of "as -built" plans depicting its initial installations
<br />at the Premises promptly upon completion of construction thereof. Cost for such work shall be
<br />borne by the LESSEE.
<br />3. TERM. 3.1 -This Agreement shall be effective as of the date of execution
<br />by both pal -ties, provided, however, the initial term shall be, for five (5) years and shall
<br />commence On the Commencement Date (as hereinafter defined) at which time rental payments
<br />will be due at an annual rental of subject to
<br />increase as set forth in this Agreement, including any applicable sales tax, ("'rent"), Rent shall
<br />be paid annually in One lump sum payment on the Commencement Date (as hereinafter defined),
<br />and oil each successive anniversary Of the Commencement Date during the term of this
<br />Agreement, in advance, to LESSOR Or to such other person, ficin Or Place as the LESSOR may,
<br />frorn three to time, designate in writing at least thirty
<br />dare. In the event rent is (30) days in advance of any rental paymel)t
<br />'lot received wit1lill ten (10) days Of the due date, LESSEE shall pay a
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