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1987-14 8 87-0/4- 8 LEASE AGREEMENT DOWNTOWN BUILDING 1. PARTIES. This lease is made between the CITY OF CLERMONT, LAKE COUNTY, FLORIDA, a Florida Municipal Corporation, herein called the "Owner" and CHARLES MICHAEL HOSKINSON, herein called the "Tenant". 2. DESCRIPTION AND FEES. The owner hereby leases to the tenant the following described real property in Clermont, Lake County, Florida: N 63' of Lot 19, Block 80, according to the official map of the City of Clermont, Florida, recorded in Plat Book 8, Pages 17-23 inclusive, for the purpose of operating a Barber Shop. The fee to be paid by the Tenant for the use of said premises is $200 per month. The first payment to be made on the 15th day of April, 1987. The Tenant shall also pay all utility costs, including sewer, water, sanitation, electrical, and telephone. 3. TERM OF LEASE. The term of this Agreement shall be from April 15, 1987 to April 1, 1989. This Agreement supersedes all prior Agreements. The Tenant shall also have the option to renew the terms of this Lease Agreement for an additional period of twenty-four months, or through April 1, 1991. 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 the lease. 4. CANCELLATION. The Owner may cancel this lease in the event the Tenant shall breach any of the terms of this lease. In such cases, the Owner shall have the right to immediately re-enter and re-take possession of said facilities identified herein. 5. USE OF PREMISES. The Tenant shall use and occupy the premises as a Barber Shop and for no other purposes. In its use and occupancy of the premises, Tenant shall conform to all laws, orders and regulations of the Federal, State and 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 conditions as they are 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. The Owner shall also be responsible to make all necessary repairs to the air conditioning and heating system owned by the City. a] The Tenant shall be responsible for the interior walls, carpeting, 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 to make all repairs to the electrical system. In addition, the Tenant shall make repairs on any air conditioning and heating system owned by the Tenant. b] 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 install- ation. Not later than the last day of the term of this 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 8 LEASE AGREEMENT DOWNTOWN BUILDING Page -2- 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 by any persons result- ing 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 /~~day of 1987. ~ WITNESSES: CITY OF CLERMONT, A FLORIDA ~ CORPœATI~ BY: d~~- " ( -;t:/f ø= "Owner" BY:X éU'ædG<>- ~~Æ:,g.,(?;/Þh~ "Tenant"