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LEASE AGREEMENT THIS LEASE AGREEMENT (" Lease") entered into as of this 20th day of November, 2007 , between INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS , a political subdivision of the State of Florida , having an address of 1801 27th Ave , Vero Beach , FL 32960 ("County") and . , Vero Beach , FL32960 (Tenant') Background Recitals A. Indian River County as Landlord desires to set forth the terms and conditions for the Tenant to reside in the Gifford Park Security House located with Gifford Park, a community park owned by the County; B . The parties hereto are entering into this Lease to provide for security with the Gifford Park during the hours when the Gifford Park is closed and during non-work hours . NOW, THEREFORE , for the mutual promises contained herein and other valuable consideration , the parties agree to the terms and conditions set forth in this Lease : 1 . DESCRIPTION OF LEASED PREMISES . The County hereby leases to Tenant that certain residence commonly known as the Gifford Park Security House (" Security House") , together with the real property having an address of , Vero Beach , FL 32967 , as more specifically depicted on Exhibit "A" attached hereto and made a part hereof (the Security House and the associated real property are collectively referenced as the " Leased Premises") . 2 . LEASED PREMISES . The Leased Premises is leased for an initial two (2) year term subject to sooner termination as set forth herein (" Initial Term ") . The Initial Term shall commence as of November 20 , 2007 , and shall terminate on November 19 , 2009 , or on such earlier date as this Lease may terminate as provided herein . 3 . RENEWAL. Provided the County and Tenant agree to renew the Lease (as it may have been modified from time to time) on mutually beneficial terms ; and further provided that the Tenant is not in default under any of the terms and conditions of this Lease , this Lease may be renewed for a maximum of seven (7) successive terms of two (2 ) years (each , a 'Renewal Term ") , for a maximum aggregate of sixteen ( 16 ) years combined Initial Term and Renewal Terms . Each Renewal Term is subject to all of the provisions set forth in this Lease . Notwithstanding the foregoing , the County may extend or renew this Lease beyond the sixteen ( 16) years if deemed to be in the best interest of Indian River County . Renewal of the mutually agreeable Lease shall be completed ninety (90) days prior to the end of the Initial Term , and forty-five (45) days prior to the end of each Renewal Term . Upon renewal of this Lease , County shall send a Renewal Notice to Tenant. 4. SECURITY DEPOSIT AND RENT. Tenant acknowledges and agrees that no security deposit is required under this Lease ; however, nothing in this Lease shall be deemed to preclude the County from requiring a security deposit upon any renewal of this Lease or upon re-letting of the Security House to a subsequent tenant . Accordingly , Tenant shall safeguard the Leased Premises on behalf of the County as set forth in this Lease . No rent is due hereunder. 1