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8 . 11 Lease - Back : The County shall execute and deliver to Seller a lease of the Property at <br /> the closing . The term of the lease shall begin the day of the closing and end no sooner than <br /> 60 days after advertisement of the bid to widen and improve the section of 66th Avenue near <br /> Tenant ' s premises or 2 years whichever occurs first . The lease payment shall be one dollar <br /> ( $ 1 . 00 ) per month . The County has the right to inspect after the initial two year lease period <br /> and does not have to renew the lease if the owner is not maintaining the premises in <br /> a <br /> reasonable condition . The County can retain $ 10 , 000 from the proceedings as a security <br /> deposit until the Owner vacates the premises . The terms of the lease shall be governed by <br /> separate lease agreement . <br /> 8 . 12 " Seller acknowledges receipt of the " Notice to Owner" and understands his/her <br /> rights granted under Florida Law Chapters 73 and 74 . " <br /> ni ials <br /> IN WITNESS WHEREOF , the undersigned have executed this Agreem as of the <br /> date first set forth above . <br /> INDIAN RIVER COUNTY , FLORIDA <br /> BOWD OF COUNTY COMMISSIONERS <br /> W15sley S . Davis , Chairman o n A . Jackson , ir . Date <br /> Approved by BCC march 10 . 2009 <br /> ATTEST : <br /> Jeffrey K . Barton , Clerk of Circuit Court <br /> Deputy Clerk <br /> Approved : Approved as to Form ap Le al fficiency : <br /> 0 <br /> seph A . Baird , County Admin strator County Attorney <br /> 6 <br />