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' 'SPECIAL PURPOSE LEASE
` ~ THIS LEASE made and entered into this _ 1v th day of s~.PT~-~!8~.~< , 1980,
• ' by and between ~,~~~.;Q~,~s t~I~:.~•I~_cr: r>LSHOVE _
herein referred to as Lessor", ?4r~y of t~~e First Pert, whether
on
roe'more am•
' TREASi;RE COAST OIL, INC. ~
herein re erred to as Lessee".
Party o~h~
Second Part.
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~ WITNESSETH:
1. PROPERTY LEASE AND TERM:
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t_rssor hereby leases to :.essee for she spec is ~ purpose and 1 iu~i tc~l
described herein that portion outlined i~~ rei on the plat attached hc~~•c~.o j
Exhibit "A" of the following described property in`~AR'I'IN
County, State of FLORIllA
PROPERTY DESCRIPTION:
' LOT 24-26,jrES~ EAST 3U FEET OF LOT 26, BLOCK 5t~, ~~'ENDEll
PEAT OF PALr! CITY , tiCCORDING TO THE PLAT THEREOF , FILL E~ '
' 2/17/16, itECGRDEL IIv• PLAT BOOK 6 'PAGE 41, PALA! i3 EACH.
(i~0~ 1~:At.'Tliv COlii.TY, rLGRIUA, Pl3BLIC R~.CO~S)
~ together with such additional area of said property as shall be necessary far
~ the installation, maintenance, re;,~ir and o;,eration of the underground gasoline
- storage tanks, said property being situated at r±App xoAU b s.w. 36th TER.
in the City or" PALM CITY, FLO??IUA _
for a•teran o 5 {FI1~'E years from the 0th day o ~Ei-TEMBER ,
A.O. 19 80 . Lessor hereby covenants ar~d agrees to place Lesseein po'ssrssi~in of
~ the demised premises and improve:aents at the beginning of and for said tr_rm. ~rssnr
hereby gives and grants to lessee the exc~usive option and i~rivilege of extenciinc~
this lease for 20 (T'r7Et~TY) successive 1 (oI~'E)
year___ periods in ~~~~ditit~n
to the term above specs ed. Lessee nwy exercise its option at the ~:ncl of the tuna
above specified and at the end of each 1 (ot. E) year period by rFrna~ i ~ n~~ t n
possession and by paying the rent as herein provided. Lesser.- sl~ali iwv~~ tl~e ~~rivi-
lege of terminating this lease at the end of file term above specified or at the end
of any succeeding 2 (OV E) YEAR ~ period by giving to Lessor thirty (30) days'
prior written notice of such termination. Lessor hereby gives and grants to
Lesseh the additional option and arivilegn of further extending this lease from
year to year after the expiration o` ~;~e lass yearly period for which this lease
may be extended as hereinabove provided This additional, option may be exercised
by lessee at the end of the last-yearly aeric~d specified by remaining in possession
and by paying the rent as herein provided. :f Lessee exercises this additional ~
, option, either party swy t;~ereaftar to ~~iratc the lease at the end of any month !
by giving to the other party at least one hundred twenty (120) Uays' written
notice of such termination. -
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