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1975-01LEASE AGREEMENT This Agreement, by and between the City of Clermont, Lake County, Florida, a municipal corporation, herein referred to as Lessor, and Charles B. Jones and Gladys E. Jones, his wife, herein referred to as Lessees, this 26th day of September, 1975. 1. Lessor leases to the Lessees the following described real property situ- ate in the City of Clermont, Lake County, Florida: That strip of land lying between the Westerly right of way of Lake Shore Drive and the shores of Lake Winona, bounded on the North by the Westerly extension of the North line of the follow- ing described property and bounded on the South by the Westerly extension of the South line -of the following described property: Begin at the SW corner of the intersection of Settle Street and Lime Street, Run South 15 ° 30' West. 134.95; North 74 ° 5' West 160. 55 feet to Lake Drive, Northerly along Lake Drive to Lime Street, Easterly 125 feet to Point of Beginning, City of Clermont, Lake County, Florida. 2. The term of the Lease shall be for a period of ten years from date of execution of this Lease. 3. Lessees shall pay to the Lessor the sum of $1.00 per year, payable on or before the first day of October of each succeeding year. 4. The premises shall be used solely for recreation purposes, with Lessees being allowed to construct a dock in conformance with all governmental regulations. No part of the premises shall be used for the purpose of carrying on any business. Lessees agree to keep and maintain the premises in good and sanitary conditions repair at their expense. 6. Lessor shall not be liable at any time for any loss, damage or injury to the property or any person occasioned by any act or omission of Lessees, directly or indirectly from any state or condition of the premises. 7. Lessees agree to obtain and maintain a policy of public liability and property damage insurance in the amount of $100,000.00 for the mutual benefit of Lessor and Lessees, and to provide a copy of said policy to the City of Clermont during the term of this lease. Notwithstanding anything to the contrary, Lessees agree to protect, insure and defend and indemnify Lessor and the leased premises from any and all damages or liabilities occasioned by this Lease Agreement. 8. Lessees agree to pay any and all taxes and assessments that may be levied as the result of this Lease Agreement and any improvements on the subject premises. 9. Lessees shall not assign, mortgage or encumber this Lease or sublet the premises or any part thereof. This Lease shall terminate at such time as the Lessees cease to own the property immediately East and across Lake Shore Drive. 10. Lessor makes no representation or warranty as to the authority to enter into this Lease and assumes no liability therefrom. Lessees agree to hold harmless the Lessor if at any time it is determined that Lessor did not in fact have the authority to enter into this Lease Agreement and the rights and liabilities of both parties shall terminate. 11. Upon the breach of any covenant herein by the Lessees, Lessor shall have the right to re -enter the premises and remove all persons and property therefrom, or to pursue any other legal remedies available. CITY OF CLERMONT ATTEST. by: CLAUDE E. SMOAK, Mayor DOLORES W. CARROLL, City Clerk Witnesses CHARLES B. JONES GLADYS JONES STATE OF FLORIDA COUNTY OF LAKE The foregoing instrument was acknowledged before me this 26th day of September, 1975, by CLAUDE E. SMOAK, Mayor of the City of Clermont and attested by DOLORES W. CARROLL, City Clerk of the City of Clermont, on behalf of the City of Clermont. J J ✓ -