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LEASE AGREEMENT This lease entered into on this day of , 2016 by the BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the State of Florida, hereinafter called the "Landlord", and Joey M. Dunn and Melissa N. Dunn D/b/a B&B Tire, LLC, hereinafter called the "Tenant", in consideration of the mutual promises and agreements set forth below, hereby agree as follows: WITNESSETH: 1. PROPERTY AND TERM. The Landlord hereby leases to the Tenant, B & B Tires, LLC and facilities situated thereon, located at 5210 85th Street, Vero Beach, FL 32967 in the County of Indian River, Florida, more particularly described as follows: See Exhibit "A" attached hereto. For a term of 12 months, commencing January 1, 2017 and terminating on December 31, 2017 for a total rental of Twelve Thousand Dollars ($12,000.00) payable at the rate of $1,000.00 per month payable in advance. Rent is due on the 1st day of each month and shall be subject to a $25.00 late fee if not paid by the 5th of the month. Failure to pay rent when due shall constitute a breach of this lease. 1.1 Extension of Lease. This lease shall not be extended beyond the stated term unless agreed upon in writing, 30 days before expiration of this lease. 1.2 Termination of Lease by Tenant. Tenant may opt out of this lease anytime during the lease period by providing written notice to Landlord as such. 2. USE OF PREMISES. During the term of this Lease, the Tenant shall use the leased premises for a tire shop, and for no other purpose. Tenant shall not use the premises, or any part thereof, or permit the same to be used for any illegal, immoral, or improper purposes; not to make, or permit to be made, any disturbance, noise, or annoyance whatsoever detrimental to the premises or the comfort and peace of the inhabitants of the vicinity of the premises. 3. PROPERTY LEASED "AS IS". Tenant agrees that the property is being leased "as is" and that Landlord makes no warranty or guarantee of the condition of the property or any of the improvements. Tenant has examined the premises and has determined that the premises are suitable for Tenant's purposes. 4. COMPLIANCE OF LAW. Tenant shall comply with all of the laws, rules, ordinances, and regulations of the County, State and Federal Governments, and agencies regarding the use of the leased premises. Violation of any law, rule, ordinance or regulation may result in immediate termination of this lease. 5. MAINTENANCE AND REPAIRS. The Tenant agrees to make any and all repairs and improvements to the leased premises and agrees to keep said premises C-\Users\GRANIC-1\AppData\Loca[\Temp\BCL Technologies\easyPDF 7\@BCL@9C05DEB2\@BCL@9C05DEB2.doc P104