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LEASE AGREEMENT <br /> This lease entered into on this 20th day of December , 2016 by <br /> the BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, <br /> FLORIDA, a political subdivision of the State of Florida, hereinafter called the <br /> "Landlord", and Joey M. Dunn and Melissa N. Dunn D/b/a B&B Tire, LLC, <br /> hereinafter called the "Tenant", in consideration of the mutual promises and <br /> agreements set forth below, hereby agree as follows: <br /> WITNESSETH: <br /> 1. PROPERTY AND TERM. The Landlord hereby leases to the Tenant, B & B <br /> Tires, LLC and facilities situated thereon, located at 5210 851h Street, Vero Beach, <br /> FL 32967 in the County of Indian River, Florida, more particularly described as <br /> follows: <br /> See Exhibit "A" attached hereto. <br /> For a term of 12 months, commencing January 1, 2017 and terminating on <br /> December 31, 2017 for a total rental of Twelve Thousand Dollars ($12,000.00) <br /> payable at the rate of $1,000.00 per month payable in advance. Rent is due on the <br /> 1 st day of each month and shall be subject to a $25.00 late fee if not paid by the 5th <br /> of the month. Failure to pay rent when due shall constitute a breach of this lease. <br /> 1.1 Extension of Lease. This lease shall not be extended beyond the <br /> stated term unless agreed upon in writing, 30 days before expiration of this lease. <br /> 1.2 Termination of Lease by Tenant. Tenant may opt out of this lease <br /> anytime during the lease period by providing written notice to Landlord as such. <br /> 2. USE OF PREMISES. During the term of this Lease, the Tenant shall use the <br /> leased premises for a tire shop, and for no other purpose. Tenant shall not use the <br /> premises, or any part thereof, or permit the same to be used for any illegal, immoral, <br /> or improper purposes; not to make, or permit to be made, any disturbance, noise, or <br /> annoyance whatsoever detrimental to the premises or the comfort and peace of the <br /> inhabitants of the vicinity of the premises. <br /> 3. PROPERTY LEASED "AS IS". Tenant agrees that the property is being <br /> leased 'as is" and that Landlord makes no warranty or guarantee of the condition of <br /> the property or any of the improvements. Tenant has examined the premises and <br /> has determined that the premises are suitable for Tenant's purposes. <br /> 4. COMPLIANCE OF LAW. Tenant shall comply with all of the laws, rules, <br /> ordinances, and regulations of the County, State and Federal Governments, and <br /> agencies regarding the use of the leased premises. Violation of any law, rule, <br /> ordinance or regulation may result in immediate termination of this lease. <br /> 5 MAINTENANCE AND REPAIRS. The Tenant agrees to make any and all <br /> repairs and improvements to the leased premises and agrees to keep said premises <br /> F\Engineering\Monique Filipiak\B&B Tires and Kevin Harwood(Former Bass property)\B&B Tires LLC Lease 5210 <br /> 85th Street.doc <br />