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A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J.R. SMITH, CLERK <br /> LEASE TERMINATION AGREEMENT <br /> THIS LEASE TERMINATION AGREEMENT ("AGREEMENT") is executed on this <br /> 6th day of December , 2016, by and between the CITY OF VERO BEACH, a <br /> municipal corporation organized and existing under the laws of the State of Florida, whose <br /> mailing address is P.O. Box 1389, Vero Beach, Florida 32961-1389 ("LANDLORD"), and <br /> Indian RiverCounty , a political subdivision of the State of Florida„ whose mailing address is <br /> 180127 1h Street„ Vero Beach, Florida 32960-3388 ("TENANT"). <br /> WHEREAS, LANDLORD and TENANT, entered into a Lease Agreement, (hereinafter <br /> "LEASE"), for property located at the Vero Beach Municipal Airport commonly identified as <br /> Parcel 12., ; and <br /> WHEREAS, TENANT is in good standing, and not in default, under the terms of the <br /> LEASE; and <br /> WHEREAS, LANDLORD and TENANT have mutually agreed to terminate the LEASE <br /> as of December 6, 2016, 12:00 p.m., in anticipation of the execution of a new Commercial Lease <br /> Agreement with HARBOR HANGAR 700, LLC., with a proposed effective date of December <br /> 6, 2016, 12:01 p.m. <br /> NOW THEREFORE, in consideration of the mutual covenants contained herein, and <br /> other good and valuable consideration, the receipt and sufficiency of which is hereby <br /> acknowledged, LANDLORD and TENANT, intending to be legally bound, do hereby mutually <br /> agree as follows: <br /> 1. The foregoing clauses are hereby adopted by the parties and incorporated herein <br /> as part of the basis for this AGREEMENT. <br /> Page 1 of 6 <br /> NAAdminVLease Management\A 1 Aeronautical\IRC SherifA 201611 10Lease Termination IRC Sheriff <br />