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TOWER SPACE LEASE STATE OF FLORIDA COUNTY OF INDIAN RIVER -?-c--�9 c1q-1-,3 Indian River County Board of County Commissioners, hereinafter called "Lessor", and ALLIED_ DIVERSIFIED, INC., 2605 49TH STREET VERO BEACH, FL 32967 hereinafter called "Lessee", agree as follows: W I T N E S S E T H: 1. In consideration of the mutual covenants stated herein, the Lessor does hereby grant permission to the Lessee to install and operate radio communication equipment on Lessor's property at 5350 77TH STREET, KIWANIS-HOBART PARK, WABASSO, FL. 2. The antenna shall be installed upon the tower located at Latitude 27 decrrees 44 minutes 10 seconds North and Longitude 80 degrees 27 minutes 26 seconds West, at a height of 200 feet above ground level. Flexible coaxial transmission lines shall be installed between the antenna and the radio equipment. Such coaxial lines shall be firmly anchored to the tower. Radio communications equipment consisting of transmitter, receiver and accessories shall be installed in the tower equipment shed located at the base of the tower. Lessee shall have the right to occupy not more than ten square feet of floor space for installation of such equipment. Committed tower utilization space, including protective clearance above and below the antenna(s), shall not exceed four feet. 3. The term of the lease and the Lessee's obligation to pay rent shall commence on the 1st day of August- , 1999. The term of this lease shall be one Year commencing on the date this lease is executed and may be renewed annually thereafter unless within 30 days prior to the expiration of the term thereof, or any renewal under this provision, either the Lessor or the Lessee shall notify in writing the other party to this lease that it does not desire to have the lease renewed. The Lessor reserves the right to terminate this lease upon 60 days' prior written notice by Lessor to Lessee that the property is needed for an overriding public purpose. 4. The Lessor shall also have the right to terminate this lease at any time if: A. The Lessee's operations conflict with the activities of the Lessor or of other tenants located at the premises, and such conflict cannot- otherwise be reconciled without prejudice to the Lessor or its tenants. B. The Lessee abandons the premises or uses the premises for any unauthorized purpose. C. The tower is wholly or partially destroyed from any cause and c innnt ha rc--bly rcpair�-d. 5. The Lessee may terminate this lease upon 60 days' written notice to Lessor if the leased premises become unfit or undesirable for use for the Lessee's purposes. 6. This lease shall be binding upon the respective parties, their assigns and successors. The Lessee may assign its rights and obligations under this lease only upon prior written approval of the Lessor, and such approval shall not be unreasonably withheld. 1