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Date is defined as the first ( 0) day of the month following the date this Agreement is executed by the parties or the first ( 0) day of the month following the date LESSEE is granted a building permit by the governmental agency charged with issuing such permits , whichever event occurs last ; provided, however, in no event shall the Commencement Date occur later than the first ( 0) day of the month following the date that is three (3 ) months after the date this Agreement is executed by the Parties . 3 . 2 . LESSEE shall furnish and install a separate electrical meter at the Premises for the measurement of electrical power used by LESSEE ' s installation . LESSEE shall pay the local utility provider directly for its power consumption at the Premises . 4 , EXTENSIONS . This Agreement shall automatically be extended for four (4) additional five (5 ) year terms unless the LESSEE terminates it at the end of the then current term by giving the LESSOR written notice of the intent to terminate at least six (6) months prior to the end of the then current term . 5 . ANNUAL RENT INCREASE . Commencing on the first annual anniversary of the Commencement Date and on each annual anniversary thereafter during the term of this Agreement (including all extension terms) , annual rent shall increase by an amount equal to three percent (3 %) of the annual rent due for the immediately preceding lease year. 6 . INTENTIONALLY ONIITTED , 7 . USE; GOVERNMENTAL APPROVALS . LESSEE shall use the Premises for the purpose of constructing , maintaining and operating a stealth flagpole , up to one hundred fifty ( 150) feet high, wireless communications facilities and uses incidental and all necessary appurtenances . The stealth flagpole tower shall look and function as a flagpole with all antennae located under an outer skin of fiberglass , plastic or similar material which will be conducive to LESSEE ' s use of the stealth flagpole as permitted in this Agreement. Entrance to the exterior skin of the stealth flagpole will be below ground rather than by elevated waveguide bridges . The flag will be of such size and quality to gain the reasonable approval of the Indian River County (the "County") . The flag and stealth flagpole will be illuminated at night at the expense of LESSEE and will be fitted with hardware so the flag thereon can be flown at half mast and/or lowered when necessary. A security fence consisting of chain link construction or similar but comparable construction may be placed around the perimeter of the Premises at the discretion of LESSEE (not including the access easement). All improvements shall be at LESSEE's expense and the installation of all improvements shall be at the discretion and option of the LESSEE . LESSEE 's initial installations shall be subject to LESSOR's prior written approval , which approval shall not be unreasonably withheld, delayed or conditioned . Thereafter, LESSEE shall have the right to replace , repair, add or otherwise modify its initial installations or any portion thereof without LESSOR 's approval , whether the equipment is specified or not on any exhibit attached hereto , during the term of this Agreement, provided LESSEE does not install any equipment outside the boundaries of the Premises . In the event LESSOR's prior written approval is required, LESSOR agrees not to unreasonably withhold, delay or condition its consent . LESSEE will maintain the Premises in a good condition reasonable wear and tear excepted. LESSOR will maintain the Property , excluding the Premises , in good condition , reasonable wear