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32, Time is expressly declared to be Qf the essence of <br />this lease. <br />33.lus .n X11 twe 11ovar^.ed by sad <br />i::tergreted acm.-Ung to the jhwr. or -the State of Florida: <br />34. jk ticles, subsectiohq and other captions <br />contained in this lease ire for reference purposes only and are <br />in no intended to describe, interpret, define or limit the <br />scope, extent or..intent.of this lease or any provisicros thereof. <br />LtSSEE 91)all pay LESSOR an annual <br />administrative fee'gf $300. The initial Annual administrative <br />fee shall be payable: within 'thirty days from the date of <br />execution of this lease•agreement.and shall be prorated based on <br />the number of months or fraction thereof xemaining in the fiscal <br />year of execution. .For purposes of this lased agreement, the - <br />fiacol year shall be the period extending from JU2y i to June <br />30. Each annual payment thereaftex-shall be due and payable on <br />July 1 of each subadquent 7FeAr. <br />Page 12 of 15 <br />Lease No- 4148 <br />77 <br />