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REAL PROPERTY LEASE AGREEMENT This Lease made this 18th day of November , 2003 , between the City of Fellsmere, Florida, 21 South Cypress Street, Fellsmere, Florida 32948 , Indian River County, Florida, 1840 25 " Street, Vero Beach, Florida 32960, hereinafter collectively referred to as "Lessor", and Fellsmere Frog Leg Festival, Inc . , Post Office Box 67 , Fellsmere, Florida 32948 , hereinafter referred to as "Lessee" and when the context so requires the City of Fellsmere will be referred to as the "City" and Indian River County, Florida, hereinafter referred to as the "County" . For considerations set forth herein, Lessor hereby leases to Lessee and Lessee acquires from Lessor the use of the following described site : See Attachment 1 for a description of the site where the Festival will be held 1 . TERM The term of this Lease shall commence on November 10 , 2003 and end on January 31 , 2004 , 2 . RENTAL The Lessee shall pay to the Lessor for the term of this Lease : The annual sum of ONE DOLLAR ($ 1 . 00) , on or before November 10, 2003 . The rent shall be payable to the Lessor at such other place as the Lessor may designate . 3 . CARE OF PROPERTY Lessee shall use the Property in a careful and proper manner and shall comply with all laws, ordinances and regulations relating to the operation, possession, use or maintenance of the property . 4 . ALTERATIONS Lessee agrees that it will make no alterations of the Property without obtaining prior written permission from the Lessor. 5 . RIGHT OF INSPECTION Lessor shall have the right, at any time , to enter the premises and shall be given free access thereto and afforded necessary facilities for the purpose of inspection. 6 . RETURN OF PREMISES On expiration of the rental terms specified herein, Lessee agrees to return the premises in the same condition they were when this Lease was entered into . 7. RISK OF LOSS OR DAMAGE Lessee hereby assumes all risks of loss of and damage to the Premises from any cause, and agrees to return it to the Lessor in as good condition as when received . No loss of or damage to the Premises shall impair any obligation of Lessee under this Lease, and all such obligations shall continue in full force and effect until otherwise discharged .