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STATE OF FLORIDA )
) LEAST AGR~NT
~ COUNTY OF ST. LUCIE ) ~
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THIS LF~.SP AGRF.EMENT, made as of the 1 da~y of July, 1973 by
aud betxeen AGRICULTURAL CHEI~IICAL COI~ANY, a Florida Corporation, hereinafter ~
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called "Landlord," and HELENA CHEMICAI, COt~'A~iY ap Arkansas_corporation with
its principal office in Mem~phis, Tennessee, hereinafter called "Tenant." :
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W I T N E S S E T H:
The parties hereto agree Yor themselves, their successors, and
assig~s as follows:
l. Premises. Landlord leases to Tensnt, and Tenant hereby accepts
and rents flrom Landlord, a one-story building located on North Shinn Road,
Fort Pierce, Florida hereinaf'ter collective~jr called "demised premises."
TO HAVE AND TO HOLD the said demised premises and appurtenances
upon the terms and conditions hereinaf'ter set forth.
2. Term. The term of this lease shall be for a period of ten (10) ,
years beginning on Ju~y l, 1973 and ending on June 30, 1983•
3. Option to ReneW. Tena.nt is hereby granted tWO (2) successive
. options to renew and extend the term of this lease for five (5) years
h - on each such option, each such extended term to begin respective~y upon
t the expiration of the original term of this lease or of the immediate],y
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( preceding e3ctended term; and all of the provisions of this Lease Agree-
~ ment shall apply to each extended term, except Tenant shall not have anyr
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~ further option to renew and extend the term of this lease follawing the
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~ exercise, if aqy, of the last option. Tenaut mqy exercise any such op-
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~ tion on]y (a) if it is not in default hereunder, and (b) by giving Land- ;
~ lord ~rritten notice of such exercise not later than three (3) ~nths
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- prior o e expira ioin
~ renewed and extended.
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~ 4. Rental. Tenaut sha11 pa~y to Landlord for the use sud occupacy
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` of the demised premises and appurtenances thereto rental at the guarsnteed
~ minimum rate of $13,728•~0 per year, p~yable in monthly installments of .
$1,144.00 in advance on or before the first d~y of each arid every cslendar
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~ month beginning on the rental co~encement date and continuing throughout
the term of this lease.
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~ ~ 5. Taxes. Landlord covenants aud agrees to pa~y promptly all
~ taxes and assessments of every kind or nature which are noit or m~y here- i
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