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<br />Lessor leases to Lessee and Lessee rents from Lessor the real property described and shown on Exhibit" A",
<br />together with the buildings, equipment and other improvements located thereon.
<br />
<br />It is expressly understood and agreed that the Demised Premises together with all buildings, equipment,
<br />structures and improvements thereon and any and all fixtures, accessories and utilities located therein or thereon, are delivered
<br />to Lessee and accepted by Lessee in an AS IS and WHERE IS condition and repair and that the Lessor makes no warranties,
<br />representations or guarantees of any kind, nature or sort, express or implied with respect to the Demised Premises, including
<br />but not limited to, any and all fixtures, equipment, improvements, accessories and utilities located in or upon the Demised
<br />Premises.
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<br />3. TERM/COMMENCEMENT DATE:
<br />
<br />The term of this Lease, shall be for the number of years in the Lease Term set forth in Section I (1) hereof,
<br />following the commencement thereof, unless sooner tenninated as hereinafter provided.
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<br />4. REli!:
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<br />Lessee agrees to pay to Lessor during the Lease Term, without previous demand therefor and without any
<br />setoffi; or deductions whatsoever, the Minimum Rent, in advance, on the first day of each and every calendar month throughout
<br />the Lease Term. In the event the commencement date is other than the first day of a calendar month, the Fixed Minimum Rent
<br />(as well as all additional rents and charges reserved under this Lease) for the portion of the then current calendar month shall
<br />be prorated on the basis of a thirty (30) day month and shall be paid immediately on the Commencement Date.
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<br />5. NET LEASE/ADDITIONAL RENT:
<br />
<br />It is the intention of the parties that the rent herein specified shall be net to the Lessor in each year during the
<br />term of this Lease, that all costs, expenses and obligations of every kind relating to the Demised Premises which may arise or
<br />become due during the term of this Lease shall be paid by the Lessee, and that the Lessor shall be indemnified, defended,
<br />protected and held hannless by the Lessee from and against such costs, expenses and obligations. The rent shall be paid in
<br />equal monthly installments in advance on the first day of each calendar month during the term of this Lease, together with any
<br />and all applicable Florida sales and/or rent taxes thereon.
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<br />6. PAST DUE RENTS:
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<br />If Lessee shall fail to pay any rents, additional rents or other charges characterized herein as additional rent
<br />within ten (10) days after notiee of past due, such unpaid amounts shall bear interest from the due date thereof to the date of
<br />payment at the rate of three (3%) percentage points over the "Prime Rate" announced by The Chase Manhattan Bank, N.A.,
<br />provided however, that in no event shall such interest exceed the highest legal rate of interest chargeable. The provisions herein
<br />for late payment service charges shall not be eonstrued to extend the date for payment of any sums required to be paid by Lessee
<br />hereunder or to relieve Lessee of its obligation to pay all such sums at the time or times herein stipulated. Notwithstanding the
<br />imposition of such service charges pursuant to this paragraph, Lessee shall be in default under this Lease if any or all payments
<br />required to be made by Lessee are not made at the time therein stipulated and neither the demand nor collection by Lessor of
<br />such late payment service charges shall be construed as a cure for such default on the part of the Lessee.
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<br />7. PLACE OF PAYMENTS OR STATEMENTS:
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<br />All payments required to be paid by Lessee to Lessor shall be made payable to the order of the Lessor or its
<br />designee, and all such payments and all statements and reports required to be rendered by Lessee to Lessor shall be delivered
<br />to the Lessor's mailing address, or at such other place as Lessor may from time to time designate in writing, without the
<br />necessity of any prior demand for the same.
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<br />8. LESSEE'S WORK:
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<br />A. Any and all worle, repairs, improvements, fixturing and equipment shall be performed and installed by
<br />Lessee at its sole cost and expense,
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<br />B, Lessee will perform Lessee's Work and construct the Demised Premises in good faith, diligently, and in
<br />compliance with all laws, free of constIUction liens.
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<br />9. USE OF PREMISES:
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<br />Lessee shall use the Demised Premises solely for the purpose of conducting the Permitted Use as set forth in
<br />Section l(h) and in accordance with all laws, statutes and ordinances applicable thereto.
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<br />10. LAWS. PERMITS. LICENSES. WASTE. NUISANCE:
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<br />Lessee shall, at its own expense and cost: (a) comply with all govemmentallaws, ordinances, orders and
<br />regulations affecting the Demised Premises now in force or which hereafter may be in force (including without limitation, all
<br />environmental laws and regulations); (b) apply for, secure, maintain in good standing and comply with aU licenses, permits and
<br />franchise agreements which are or may be required for the conduet by the Lessee of the Lessee's operations and/or business
<br />herein permitted to be conducted in the Demised Premises and to pay, if, as an when due, all license, permit and franchise fees
<br />and charges in eonnection therewith; (c) comply with and execute all rules, requirements and regulations of the Board of Fire
<br />underwriters, Lessor's insurance companies and other organizations establishing insurance rates; (d) not suffer, permit or commit
<br />any waste or nuisance; and (e) not conduct any auction, distress, fire or bankruptcy sale in or upon the Demised Premises.
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<br />II. ASSIGNMENT AND SUBLETTING:
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<br />Lessee shall not assign, sublet, mortgage or encumber this Lease, in whole or in part, or sublet all or any
<br />portion of the Demised Premises or assign this Lease or any part thereof without the prior written consent of the Lessor, whieh
<br />consent Lessor may unreasonably withhold. Notwithstanding anything contained in this Lease, Lessee may, without need for
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