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1988-14 8 8 LEASE AGREEMENT OLD LIBRARY BUILDING LOCATED AT 630 WEST DESOTO STREET 88- o/~ 1. PARTIES. This lease is made between the CITY OF CLERMONT, LAKE COUNTY, FLORIDA, a Florida Municipal Corporation, herein called the "Owner" and the SOUTH LAKE YMCA, Clermont, Florida herein called the "Tenant". 2. DESCRIPTION AND FEES. The only property subject to the terms and provisions of this lease shall be the Old Library Building more particularly described in Exhibit "A" attached hereto and made a part of this Agreement. The fee to be paid by the Tenant for the use of such premises is the sum of ONE HUNDRED ONE AND NO/IOO ($101.00) DOLLARS per month. The first payment to be made on the 1st day of May, 1988. The Tenant shall also pay all utility costs, including electrical, telephone, sewer, water and sanitation. 3. TERM OF LEASE. The terms of the Agreement shall be from May 1, 1988 through May 1, 1989. The Agreement supersedes all prior Agreements. The Tenant shall also have the option to renew the terms of the Lease Agreement for three additional option periods of one year each. The terms of the renewal shall be the same as herein provided with the exception of the monthly rental fee which will be renegotiated. The Tenant shall exercise this option by written notice to the Owner on or before sixty days prior to the termination of lease. 4. CANCELLATION. The Owner may cancel this lease in the event the Tenant shall breach any of the terms of the lease. In such case, the Owner shall have the right to immediately re-enter and re-take possession of the facilities identified herein. The Owner may also cancel the lease at any time by giving the Tenant ninety days notice to vacate the building. 5. USE OF PREMISES. The Tenant shall use and occupy the premises only as a South Lake County YMCA Annex, and for no other purpose. In its use and occupancy of the premises, the Tenant shall pay all utility fees and conform to all laws, orders and regulations of the Federal, State or Local governments. The Tenant shall not perform any alterations or improvements to the premises without the express written permission of the Owner and shall quit and deliver up said premises at the end of said term in as good condition as it is now, excluding ordinary wear and tear. 6. CARE AND REPAIR OF PREMISES. The Owner shall be responsible for maintaining the exterior of the building, except where repairs have been made necessary by the misuse or neglect of the Tenant. Repairs to the air condi- tioning and heating system owned by the City will be negotiated with the Tenant, if they become necessary. Grounds maintenance shall be the responsibility of the Tenant. The Tenant shall be responsible for the interior walls, carpet- ing, lighting, including light bulbs and ballasts, ceiling fixtures, and any informational signs. No signs shall be installed without the written permission of the Owner. The Tenant shall also be responsible for all repairs to the electrical system. 8 8 LEASE AGREEMENT OLD LIBRARY BUILDING Page -2- All improvements made by the Tenant which are so attached to the premises that they cannot be removed without material injury to the premises shall become the property of the Owner upon instal- lation. Not later than the last day of the term of the lease, the Tenant shall, at the Tenant's expense, remove all of its personal property and those improvements which have not become the property of the Owner. 7. INSURANCE. The Tenant shall be responsible for obtaining any insurance it may require on the contents of the building. The Tenant shall also maintain adequate Public Casualty Insurance in the amount of ONE HUNDRED THOUSAND DOLLARS per person and TWO HUNDRED THOUSAND DOLLARS per occurrence. The Tenant shall by May 1 of each year, provide certificates evidencing all such insurance to the Owner. 8. SUBLEASE. The Tenant shall not sublease the premises without written permission of the Owner. 9. HOLD HARMLESS CLAUSE. In regard to any use, services, or operations performed by the Tenant, such operations shall be deemed the operation of the Tenant as an independent entity, and the Owner shall not, to any degree, extent, or manner whatsoever, be considered as having any interest herein, either as a joint enterprise, employer, or agency relationship. The Tenant shall hold the Owner harmless against any and all claims, demands, suits, judgments and expense, including reasonable attorney fees, by any persons resulting from the Tenant's operations hereunder, or sustained in or upon the leased premises, or as a result of anything claimed or omitted to be performed by the Tenant hereunder. EXECUTED AT CLERMONT, FLORIDA, THIS 2 Li11 DAY OF Orn;p¿, 1988, WITNESSES: CITY OF CLERMONT, a Florida ::~OJ6~ - >~FY)L //1ì J ¡ J D./ Ìì¡. (/ i to Owner "OWNER" SOUTH LAKE YMCA BY: Kdf. ~ "TENANT" 8 8