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HomeMy WebLinkAboutTOWER LEASE AGREEMENTr 0.SrVNED C 5 10 � OCj 1 me�c SCANNED a�LESSOR Site Name: Wynne Ranch —70003 BY Fe SC �9 �e� LESSEE Site ID: SCI Towers Wynne Ranch- 68895 St. Lucie County TOWER LEASE AGREEMENT This Agreement, made this 3LS day of �� 201] between SCI TOWERS, LLC, a Delaware limited liability company, with its principal offices located at P.O. Box 664, Hopkinton, MA 01748, hereinafter designated LESSOR and VERIZON WIRELESS PERSONAL COMMUNICATIONS LP d/b/a Ver•izon Wireless, a Delaware general partnership with its principal offices at One Verizon Way, Mail Stop 4AW100, Basking Ridge, New Jersey 07920 (telephone number 866-8624404), hereinafter designated LESSEE. The LESSOR and LESSEE are at tines collectively referred to hereinafter as the "Parties" or individually as the "Party". WITNESSETH In consideration of the mutual covenants contained herein and intending to be legally bound hereby, the Parties hereto agree as follows: 1. PREMISES. LESSOR hereby leases and demises to the LESSEE and LESSEE hereby leases and accepts from LESSOR a portion of that certain space (the "Tower Space") on the LESSOWs tower, hereinafter referred to as the "Power", located on the northside of State Road 68 as shown on the Tax Map of the St. Lucie County Tax Office as a portion of Parcel ID Number 2108-111-0001-010-8 (the entirety of LESSOR's property is referred to hereinafter as the "Property"), together with a 12' x 30' parcel of land containing Three Hundred Sixty (360) square feet (the "Land Space"); together with the non-exclusive easement (the "Easement") for ingress and egress, seven (7) days a week, twenty-four (24) hours a day, on foot or motor vehicle, including trucks, and for the installation and maintenance of utility wires, poles, cables, conduits, and pipes over, under, or along a twenty foot (20') wide right of way extending fiorn the nearest public right-of-way, State Road 68 (Orange Avenue), to the Land Space; together with a non- exclusive ice bridge easement and any further easements over and through the Property between the Land Space and the Tower Space for the installation and maintenance of utility wires, poles, cables, conduits, and pipes (the "Further Easements"). The Tower Space, the Land Space, the Easement and the Further Easements are substantially described in Exhibit "A", attached hereto and made a part hereof constitute the demised premises and are collectively referred to hereinafter as the "Premises". In the event any public utility is unable to use the Easement or Further Easements, LESSOR hereby agrees to grant an additional easement either to LESSEE or to the public utility at no cost to LESSEE. LESSOR hereby grants permission to LESSEE to install, maintain and operate the radio communications equipment, antennas and appurtenances on the tower level described in Exhibit "B" attached hereto and made a part hereof. LESSEE reserves the right to replace the aforementioned equipment with similar and comparable equipment provided said replacement does not utilize additional space and capacity that would result in an increased tower loading (both weight loading and wind loading) of the Tower. 2. SURVEY. LESSOR also hereby grants to LESSEE the right to survey the Property and Premises, and said survey shall then become Exhibit "D" which shall be attached hereto and made a part hereof, and shall control in the event of boundary and access discrepancies between it and Exhibit "A". Cost for such work shall be borne by LESSEE. 3. TERM: RENTAL: ELECTRICAL. a. This Agreement shall be effective as of the date of execution by both Parties, provided, however, the initial term shall be for five (5) years and shall commence on the Commencement Date (as hereinafter defined) at which time rental payments shall commence and be due at a total annual rental of be paid in equal monthly installments of n the first day of the month, in advance, to LESSOR or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date by notice given in accordance with Paragraph 25 below. The Agreement shall commence on the earlier of: (i) the first (V) day of the month following the date that LESSEE begins installation of its equipment at the Land Space or (ii) the first (1') day of the month following substantial completion of the Tower site, except as provided herein. For the purposes of this section the Tower site shall be deemed substantially completed ("LESSEE Ready") if, and only if, (1) the Tower and Tower site are installed and completed and all permits and approvals are received; (2) H-frame is set, conduit brought to a demarcation point and power is operational; and (3) all access roads are completed and LESSEE has sufficient access to the site to install, operate and maintain its equipment and shelter (the "Commencement Date"). LESSOR shall use commercially reasonable efforts to pursue timely completion of the Tower site and to commence construction on the Property by August 1, 2018. Notwithstanding any other provision in this Agreement to the contrary, in the event LESSOR has not commenced construction of the Tower by August 1, 2018, then LESSEE shall have the right to terminate this Agreement without penalty provided that (i) LESSEE's acts or omissions are not the cause of LESSOR failing to commence construction of the Tower site by August 1, 2018 and (ii) LESSEE exercises this right to terminate by written notice to LESSOR prior to the Commencement Date. LESSOR and LESSEE agree that they shall acknowledge in writing the Commencement Date. Such acknowledgement of the Commencement Date may include email correspondence. LESSOR and LESSEE acknowledge and agree that initial rental payment(s) shall not actually be sent by LESSEE until thirty (30) days after the Commencement Date. By way of illustration of the preceding sentence, if the Commencement Date is January 1, LESSEE shall send to the LESSOR the rental payments for January 1 and February 1 by February 1. Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and in such event, LESSOR agrees to provide to LESSEE bank routing information for such purpose upon request of LESSEE. b. For any party to whom rental payments are to be made, LESSOR or any successor in interest of LESSOR hereby agrees to provide to LESSEE (i) a completed, current version of Internal Revenue Service Form W-9, or equivalent; (ii) complete and fully executed state and local withholding forms if required; and (iii) other documentation to verify LESSOR's or such other parry's right to receive rental as is reasonably requested by LESSEE. Rental shall 2 accrue in accordance with this Agreement, but LESSEE shall have no obligation to deliver rental payments until the requested documentation has been received by LESSEE. Upon receipt of the requested documentation, LESSEE shall deliver the accrued rental payments as directed by LESSOR. C. LESSOR shall, at all times during the Term, make available to the Premises electrical service and telephone service access. If permitted by the local utility company servicing the Premises, LESSEE shall famish and install an electrical meter at the Premises for the measurement of electrical power used by LESSEE's installation. In the alternative, if permitted by the local utility company servicing the Premises, LESSEE shall furnish and install an electrical sub -meter at the Premises for the measurement of electrical power used by LESSEE's installation. In the event such sub -meter is installed, the LESSEE shall pay the utility directly for its power consumption, if billed by the utility, and if not billed by the utility, then the LESSEE shall pay the LESSOR thirty (30) days after receipt of an invoice from LESSOR indicating the usage amount based upon LESSOR's reading of the sub -meter. In addition, if a sub -meter is installed at the Premises, LESSEE shall be required to install a sub -meter approved by LESSOR, and LESSEE shall be required to pay all monitoring fees, if any, required to generate LESSEE's power consumption reading. LESSOR shall send all invoices for LESSEE's power consumption to LESSEE at the address provided in Paragraph 25 below. LESSEE shall be permitted at any time during the Term, to install, maintain and/or provide access to and use of, as necessary (during any power interruption at the Premises), a temporary power source, and all related equipment and appurtenances within the Premises, or elsewhere on the Property in such locations as reasonably approved by LESSOR. LESSEE shall have the right to install conduits connecting the temporary power source and related appurtenances to the Premises. LESSOR and LESSEE acknowledge that LESSEE must comply with all applicable laws and regulations concerning the installation, operation, maintenance and removal of LESSEE's generator and/or back up power supply including but not limited to obtaining any and all necessary government approvals and permits. LESSEE agrees to indemnify, defend and hold harmless LESSOR for any and all costs, claims, administrative orders, causes of action, fines, and penalties (collectively, the "Generator Claims") which arise out of the installation, operation, maintenance and removal of the generator and or back up power supply used solely by LESSEE except to the extent such Generator Claims may be due to or caused by the negligence or willful misconduct of LESSOR. Upon request of LESSOR, LESSEE agrees to provide LESSOR with all relevant information concerning LESSEE's generator and/or back up power supply necessary for LESSOR to comply with any reporting obligations for which LESSOR, but not LESSEE, is responsible as a result of applicable law or regulation. 4. EXTENSIONS. This Agreement shall automatically be extended for four (4) additional five (5) year terms unless LESSEE terminates it at the end of the then current term by giving LESSOR written notice of the intent to terminate at least six (6) months prior to the end of the then current term. 5. ESCALATION OF RENT. Commencing on the first annual anniversary of the Commencement Date and on each annual anniversary thereafter during the term of this Agreement (including all extension terms), annual rent shall increase by an amount equal to . . Athe annual rent due for the immediately preceding lease year. 6. INTENTIONALLY OMITTED. 7. TAXES. LESSEE shall have the responsibility to pay any personal property, real estate taxes, assessments, or charges owed on the Property which LESSOR demonstrates is the result of LESSEE's use of the Premises and/or the installation, maintenance, and operation of the LESSEE's improvements, and any sales tax imposed on the rent (except to the extent that LESSEE is or may become exempt from the payment of sales tax in the jurisdiction in which the Property is located), including any increase in real estate taxes at the Property which LESSOR demonstrates arises from the LESSEE's improvements and/or LESSEE's use of the Premises. LESSOR and LESSEE shall each be responsible for the payment of any taxes, levies, assessments and other charges imposed including franchise and similar taxes imposed upon the respective businesses conducted by LESSOR or LESSEE at the Property. Notwithstanding the foregoing, LESSEE shall not have the obligation to pay any tax, assessment, or charge that LESSEE is disputing in good faith in appropriate proceedings prior to a final determination that such tax is properly assessed provided that no lien attaches to the Property. Nothing in this Paragraph shall be construed as making LESSEE liable for any portion of LESSOR's income taxes in connection with any Property or otherwise. Except as set forth in this Paragraph, LESSOR shall have the responsibility to pay any personal property, real estate taxes, assessments, or charges owed on the Property and shall do so prior to the imposition of any lien on the Property. LESSEE shall have the right, at its sole option and at its sole cost and expense, to appeal, challenge or seek modification of any tax assessment or billing for which LESSEE is wholly or partly responsible for payment. LESSOR shall reasonably cooperate with LESSEE at LESSEE's expense in filing, prosecuting and perfecting any appeal or challenge to taxes as set forth in the preceding sentence, including but not limited to, executing any consent, appeal or other similar document. In the event that as a result of any appeal or challenge by LESSEE, there is a reduction, credit or repayment received by the LESSOR for any taxes previously paid by LESSEE, LESSOR agrees to promptly reimburse to LESSEE the amount of said reduction, credit or repayment. In the event that LESSEE does not have the standing rights to pursue a good faith and reasonable dispute of any taxes under this paragraph, LESSOR will pursue such dispute at LESSEE's sole cost and expense upon written request of LESSEE. 8. USE: GOVERNMENTAL APPROVALS. a. LESSEE shall use the Premises for the purpose of constructing, maintaining, repairing and operating a communications facility and uses incidental thereto. All improvements, equipment, antennas and conduits shall be at LESSEE's expense and their installation shall be at the discretion and option of LESSEE. LESSEE shall have the right to replace, repair, add or otherwise modify its utilities, equipment, antennas and/or conduits or any portion thereof and the frequencies over which the equipment operates located within LESSEE's Tower Space and Land Space, whether the equipment, antennas, conduits or frequencies are specified or not on any exhibit attached hereto, during the Tenn, provided said replacement, repair, addition, or modification does not utilize additional space and capacity that would result in an increased tower loading (both weight loading and wind loading) of said Tower. It is understood and agreed that LESSEE's ability to use the Premises is contingent upon its obtaining after the execution date of this Agreement all of the certificates, permits and other approvals (collectively 4 the "Governmental Approvals") that may be required by any Federal, State or Local authorities as well as satisfactory soil boring tests and structural analysis which will permit LESSEE use of the Premises as set forth above. LESSOR shall cooperate with LESSEE in its effort to obtain such approvals and shall take no action which would adversely affect the status of the Property with respect to the proposed use thereof by LESSEE. b. In the event that (i) any of such applications for such Governmental Approvals should be finally rejected; (ii) any Governmental Approval issued to LESSEE is canceled, expires, lapses, or is otherwise withdrawn or terminated by governmental authority; (iii) LESSEE determines that such Governmental Approvals may not be obtained in a timely manner; (iv) LESSEE determines that any soil boring tests or structural analysis is unsatisfactory; or (v) following the second five (5) year term, LESSEE determines that the Premises is no longer technically or structurally compatible for LESSEE's use, LESSEE shall have the right to terminate this Agreement. Notice of LESSEE's exercise of its right to terminate shall be given to LESSOR in writing by certified mail, return receipt requested, and shall be effective upon the mailing of such notice by LESSEE, or upon such later date as designated by LESSEE. All rentals paid to said termination date shall be retained by LESSOR. Upon such termination, this Agreement shall be of no further force or effect except to the extent of the representations, warranties and indemnities made by each Party to the other hereunder. Otherwise, LESSEE shall have no further obligations for the payment of rent to LESSOR. In the event LESSEE exercises its right to terminate for technical or structural incompatibility reasons, LESSEE shall give LESSOR twelve (12) months' prior notice of its intent to terminate at any time following the second five (5) year term. 9. INDEMNIFICATION. Subject to Paragraph 10 below, each Party shall indemnify and hold the other harmless against any claim of liability or loss from personal injury or property damage resulting from or arising out of the negligence or willful misconduct of the indemnifying Party, its employees, contractors or agents, except to the extent such claims or damages maybe due to or caused by the negligence or willful misconduct of the other Party, or its employees, contractors or agents. 10. INSURANCE. a. Notwithstanding the indemnity in Paragraph 9, the Parties hereby waive and release any and all rights of action for negligence against the other which may hereafter arise on account of damage to the Premises or to the Property, resulting from any fire, or other casualty of the kind covered by standard fire insurance policies with extended coverage, regardless of whether or not, or in what amounts, such insurance is now or hereafter carried by the Parties, or either of them. These waivers and releases shall apply between the Parties and they shall also apply to any claims under or through either Party as a result of any asserted right of subrogation. All such policies of insurance obtained by either Party concerning the Premises or the Property shall waive the insurer's right of subrogation against the other Party. b. LESSEE will maintain at its own cost: i. Commercial General Liability insurance with limits of Two Million Dollars ($2,000,000) per occurrence for bodily injury (including death) and for damage or destruction to property; ii. Commercial Auto Liability insurance on all owned, non -owned and hired automobiles with a combined single limit of One Million Dollars ($1,000,000) each accident for bodily injury and property damage; and iii. Workers Compensation insurance providing the statutory benefits and Employers Liability with a limit of One Million Dollars ($1,000,000) each accident/disease/policy limit. LESSEE will include the LESSOR as an additional insured as their interest may appear under this Agreement on the Commercial General Liability and Auto Liability policies. C. LESSOR will maintain at its own cost commercial general liability insurance with limits not less than One Million Dollars ($1,000,000) for injury to or death of one or more persons in any one occurrence and Five Hundred Thousand Dollars ($500,000) for damage or destruction to property in any one occurrence. LESSOR will include the LESSEE as an additional insured. d. In addition, LESSOR shall obtain and keep in force during the Term a policy or policies insuring against loss or damage to the LESSOR's Tower at full replacement cost, as the same shall exist from time to time without a coinsurance feature. LESSOR's policy or policies shall insure against all risks of direct physical loss or damage (except the perils of flood and earthquake unless required by a lender or included in the base premium), including coverage for any additional costs resulting from debris removal and reasonable amounts of coverage for the enforcement of any ordinance or law regulating the reconstruction or replacement of any undamaged sections of the Tower required to be demolished or removed by reason of the enforcement of any building, zoning, safety or land use laws as the result of a covered loss. 11. LIMITATION OF LIABILITY. Except for indemnification pursuant to Paragraphs 9 and 31, neither Party shall be liable to the other, or any of their respective agents, representatives or employees for any lost revenue, lost profits, loss of technology, rights or services, incidental, punitive, indirect, special or consequential damages, loss of data, or interruption or loss of use of service, even if advised of the possibility of such damages, whether under theory of contract, tort (including negligence), strict liability or otherwise. 12. ANNUAL TERMINATION. Provided LESSEE is not in default hereunder beyond applicable notice and cure periods, following the second five (5) year term of this Agreement, LESSEE shall have the right to terminate this Agreement upon the annual anniversary of the Commencement Date provided that six (6) months' prior notice is given to LESSOR. 13. ACCESS TO TOWER. LESSOR agrees LESSEE shall have -free access to the Tower at all times for the purpose of installing and maintaining the said equipment. LESSOR shall furnish LESSEE with necessary means of access for the purpose'of ingress and egress to this site and Tower location. It is agreed, however, that only authorized engineers, employees or properly authorized contractors of LESSEE or persons under their direct supervision will be permitted to enter said premises. 14. TOWER COMPLIANCE. LESSOR covenants that it will keep the Tower in good repair as required by all Laws (as defined in Paragraph 35 below). LESSOR shall also comply with all rules and regulations enforced by the Federal Communications Commission ("FCC") and Federal Aviation Administration ("FAA") with regard to the lighting, marking and painting of towers. If LESSOR fails to make such repairs including maintenance LESSEE may make the repairs and the costs thereof shall be payable to LESSEE by LESSOR on demand. If LESSOR does not make payment to LESSEE within ten (10) days after such demand, LESSEE shall have the right to deduct the costs of the repairs from the succeeding monthly rental amounts normally due from LESSEE to LESSOR. No materials may be used in the installation of the antennas or transmission lines that will cause corrosion or rust or deterioration of the Tower structure or its appurtenances. All antenna(s) on the Tower must be identified by a marking fastened securely to its bracket on the Tower and all transmission lines are to be tagged at the conduit opening where it enters any user's equipment space. Not later than fifteen (15) days following the execution of this Agreement, LESSOR shall supply to LESSEE copies of all structural analysis reports in the possession of LESSOR that have done with respect to the Tower and throughout the Term, LESSOR shall supply to LESSEE copies of all structural analysis reports that are done with respect to the Tower promptly after the completion of the same. Upon request of the LESSOR, LESSEE agrees to relocate its equipment on a temporary basis to another location on the Property, hereinafter referred to as the "Temporary Relocation," for the purpose of LESSOR performing maintenance, repair or similar work at the Property or on the Tower provided: a. The Temporary Relocation is similar to LESSEE's existing location in size and is fully compatible for LESSEE's use, in LESSEE's reasonable determination; b. LESSOR pays all costs incurred by LESSEE for relocating LESSEE's equipment to the Temporary Relocation and improving the Temporary Relocation so that it is fully compatible for the LESSEE's use, in LESSEE's reasonable determination unless the Temporary Relocation is directly due to the actions of LESSEE; c. LESSOR gives LESSEE at least ninety (90) days written notice prior to requiring LESSEE to relocate; d. LESSEE's use at the Premises is not interrupted or diminished during the relocation and LESSEE is allowed, if necessary, in LESSEE's reasonable determination, to place a temporary installation on the Property during any such relocation; and e. Upon the completion of any maintenance, repair or similar work by LESSOR, W LESSEE is permitted to return to its original location from the temporary location with all costs for the same being paid by LESSOR. 15. INTERFERENCE. LESSEE agrees to install equipment of the type and frequency which will not cause harmful interference which is measurable in accordance with then existing industry standards to any equipment of LESSOR or other lessees of the Property which equipment existed on the Property prior to the date this Agreement is executed by the Parties. In the event any after -installed LESSEE's equipment causes such interference, and after LESSOR has notified LESSEE in writing of such interference, LESSEE will take all commercially reasonable steps necessary to correct and eliminate the interference, including but not limited to, at LESSEE's option, powering down such equipment and later powering up such equipment for intermittent testing. In no event will LESSOR be entitled to terminate this Agreement or relocate the equipment as long as LESSEE is making a good faith effort to remedy the interference issue. LESSOR agrees that LESSOR and/or any other tenants of the Property who currently have or in the future take possession of the Property will be permitted to install only such equipment that is of the type and frequency which will not cause harmful interference which is measurable in accordance with then existing industry standards to the then existing equipment of LESSEE. The Parties acknowledge that there will not be an adequate remedy at law for noncompliance with the provisions of this Paragraph and therefore, either Party shall have the right to equitable remedies, such as, without limitation, injunctive relief and specific performance. 16. REMOVAL AT END OF TERM. LESSEE shall, upon expiration of the Term, or within seventy five (75) days after any earlier termination of this Agreement, remove its building(s), antenna(s), equipment, conduits, fixtures and all personal property and restore the Premises to its original condition, reasonable wear and tear and casualty damage excepted. LESSOR agrees and acknowledges that all of the equipment, conduits, fixtures and personal property of LESSEE shall remain the personal property of LESSEE and LESSEE shall have the right to remove the same at any time during the Term, whether or not said items are considered fixtures and attachments to real property under applicable Laws. If such time for removal causes LESSEE to remain on the Premises after termination of this Agreement, LESSEE shall pay rent at the then existing monthly rate or on the existing monthly pro-rata basis if based upon a longer payment term, until such time as the removal of the building, antenna structure, fixtures and all personal property are completed. LESSOR expressly waives all rights of levy, distraint or execution with respect to LESSEE's property, including without limitation any statutory or common law security interest or landlord's lien for rent. 17. HOLDOVER. LESSEE has no right to retain possession of the Premises or any part thereof beyond the expiration of that removal period set forth in Paragraph 16 herein, unless the Parties are negotiating a new lease or lease extension in good faith. In the event that the Parties are not in the process of negotiating a new lease or lease extension in good faith, and LESSEE holds over in violation of Paragraph 16 and this Paragraph 17, then the rent then in effect payable from and after the time of the expiration or earlier removal period set forth in Paragraph 16 shall be equal to one hundred twenty five percent (125%) of the then -effective monthly rent, prorated from the effective date of termination to the date the equipment is removed from the Premises. 18. INTENTIONALLY OMITTED. 19. RIGHTS UPON SALE. Should LESSOR at any time during the Term decide (a) to sell or transfer all or any part of the Property or the Tower thereon to a purchaser other than LESSEE, or (b) to grant to a third party by easement or other legal instrument an interest in and to that portion of the Tower and or Property occupied by LESSEE for the purpose of operating and maintaining communications facilities or the management thereof, such sale, transfer or grant of an easement or interest therein shall be under and subject to this Agreement and any such purchaser or transferee shall recognize LESSEE's rights hereunder under the terms of this Agreement. To the extent that LESSOR grants to a third party by easement or other legal instrument an interest in and to that portion of the Tower and/or Property occupied by LESSEE for the purpose of operating and maintaining communications facilities or the management thereof and in conjunction therewith, assigns this Agreement to said third party, if the third party agrees in such legal instrument to undertake all of LESSOR's obligations under this Agreement, LESSOR shall be released from its obligations to LESSEE under this Agreement and LESSEE shall have the right to look to the third party for the full performance of this Agreement.. Nothing in this Paragraph 19 or the preceding Paragraph 18 shall be construed to prohibit LESSOR from (i) selling its entire interest in the Property or (ii) leasing available space on the Property and the Tower (excluding the Premises leased by LESSEE hereunder) to other third party communications providers. 20. QUIET ENJOYMENT. LESSOR covenants and agrees that LESSEE, on paying the rent and performing the covenants herein, shall peaceably and quietly have, hold and enjoy the Premises. 21. TITLE. LESSOR represents and warrants to LESSEE as of the execution date of this Agreement, and covenants during the Term that LESSOR is seized of good and sufficient title and interest to the PropoM and has full Authority to enter into and execute this Agreement. LESSOR further represents' Warrants and covenants during the Term that there are no liens, judgments or impediments of title on the Property, or affecting LESSOR's title to the same and that there are no covenants, casements or restrictions which prevent or adversely affect the use or occupancy of the Premises by LESSEE as set forth above. 22. INTEGRATION. It is agreed and understood that this Agreement contains all agreements, promises and understandings between LESSOR and LESSEE and that no verbal or oral agreements, promises or understandings shall be binding upon either LESSOR or LESSEE in any dispute, controversy or proceeding at law, and any addition, variation or modification to this Agreement shall be void and ineffective unless made in writing signed by the Parties or in a written acknowledgment in the case provided in Paragraph 3. In the event any provision of this Agreement is found to be invalid or unenforceable, such finding shall not affect the validity and enforceability of the remaining provisions of this Agreement. The failure of. either Party to insist upon strict performance of any of the terms or conditions of this Agreement or to exercise any of its rights under this Agreement shall not waive such rights and such. Party shall have the right to enforce such rights at any time and take such action as may be lawful and authorized under this Agreement, in law or in equity. 23. GOVERNING LAW. This Agreement and the performance thereof shall be governed, interpreted, construed and regulated by the Laws of the State in which the Property is located. 24. ASSIGNMENT AND SUBLETTING. This Agreement may be sold, assigned or transferred by LESSEE without any approval or consent of LESSOR to LESSEE's principal, affiliates, subsidiaries of its principal or to any entity which acquires all or substantially all of LESSEE's assets in the market defined by the FCC in which the Property is located by reason of a merger, acquisition or other business reorganization. As to other parties, this Agreement may not be sold, assigned or transferred without the written consent of LESSOR, which such consent will not be unreasonably withheld, delayed or conditioned. No change of stock ownership, partnership interest or control of LESSEE or transfer upon partnership or corporate dissolution of LESSEE shall constitute an assignment hereunder. 25. NOTICES. All notices hereunder must be in writing and shall be deemed validly given if sent by certified mail, return receipt requested or by commercial courier, provided the courier's regular business is delivery service and provided further that it guarantees delivery to the addressee by the end of the next business day following the courier's receipt from the sender, addressed as follows (or any other address that the Party to be notified may have designated to the sender by like notice): LESSOR: SCI Towers, LLC P.O. Box 664 Hopkinton, MA 01748 LESSEE: Verizon Wireless Personal Communications LP d/b/a Verizon Wireless 180 Washington Valley Road Bedminster, New Jersey 07921 Attention: Network Real Estate Utility Notices to LESSEE: Verizon Wireless Personal Communications LP d/b/a Verizon Wireless M/S 3846 PO Box 2375 Spokane, WA 99210-2375 Notice shall be effective upon actual receipt or refusal as shown on the receipt obtained pursuant to the foregoing. 26. SUCCESSORS. This Agreement shall extend to and bind the heirs, personal representatives, successors and assigns of the Parties hereto. 27. SUBORDINATION AND NON -DISTURBANCE. At LESSOR's option, this Agreement shall be subordinate to any future master lease, ground lease, mortgage, deed of trust 10 or other security interest (a "Mortgage") by LESSOR which from time to time may encumber all or part of the Property, Tower or Easement; provided, however, as a condition precedent to LESSEE being required to subordinate its interest in this Agreement to any future Mortgage covering the Tower or Property, LESSOR shall obtain for LESSEE's benefit a non -disturbance and attornment agreement for LESSEE's benefit in the form reasonably satisfactory to LESSEE, and containing the terms described below (the "Non -Disturbance Agreement"), and shall recognize LESSEE's right to remain in occupancy of and have access to the Premises as long as LESSEE is not in default of this Agreement beyond applicable notice and cure periods. The Non -Disturbance Agreement shall include the encumbering party's ("Lender's") agreement that, if Lender or its successor -in -interest or any purchaser of Lender's or its successor's interest (a "Purchaser") acquires an ownership interest in the Tower or Property, then Lender or such successor -in -interest or Purchaser will (a) honor all of the terms of this Agreement, (b) fulfill LESSOR's obligations under this Agreement, and (c) promptly cure all of the then -existing LESSOR defaults under this Agreement. Such Non -Disturbance Agreement must be binding on all of Lender's participants in the subject loan (if any) and on all successors and assigns of Lender and/or its participants and on all Purchasers. In return for such Non -Disturbance Agreement, LESSEE will execute an agreement for Lender's benefit in which LESSEE (i) confirms that this Agreement is subordinate to the Mortgage or other real property interest in favor of Lender, (ii) agrees to attorn to Lender if Lender becomes the owner of the Tower or Property, and (iii) agrees to accept a cure by Lender of any of LESSOR's defaults, provided such cure is completed within the deadline applicable to LESSOR. In the event LESSOR defaults in the payment and/or other performance of any mortgage or other real property interest encumbering all or any part of the Property, LESSEE, may, at its sole option and without obligation, cure or correct LESSOR's default and upon doing so, LESSEE shall be subrogated to any and all rights, titles, liens and equities of the holders of such mortgage or other real property interest and LESSEE shall be entitled to deduct and setoff against all refits that may otherwise become due under this Agreement the sums paid by LESSEE to cure or correct such defaults. 28. RECORDING. LESSOR agrees to execute a memorandum of this Agreement (the "Memorandum of Lease") in substantially the form attached hereto as Exhibit "C" and by this reference made a part hereof, which LESSEE may record with the appropriate recording officer. The date set forth in the Memorandum of Lease is for recording purposes only and bears no reference to commencement of either the Term or rent payments. 29. DEFAULT. a. In the event there is a breach by LESSEE with respect to any of the provisions of this Agreement or its obligations under it, including the payment of rent, LESSOR shall give LESSEE written notice of such breach. After receipt of such written notice, LESSEE shall have fifteen (15) days in which to cure any monetary breach and thirty (30) days in which to cure any non -monetary breach, provided LESSEE shall have such extended period as may be required beyond the thirty (30) days if the nature of the cure is such that it reasonably requires more than thirty (30) days and LESSEE commences the cure within the thirty (30) day period and thereafter continuously and diligently pursues the cure to completion. LESSOR may not maintain any action or effect any remedies for default against LESSEE unless and until LESSEE has failed to cure the breach within the time periods provided in this Paragraph. 11 b. In the event there is a breach by LESSOR with respect to any of the provisions of this Agreement or its obligations under it, LESSEE shall give LESSOR written notice of such breach. After receipt of such written notice, LESSOR shall have thirty (30) days in which to cure any such breach, provided LESSOR shall have such extended period as may be required beyond the thirty (30) days if the nature of the cure is such that it reasonably requires more than thirty (30) days and LESSOR commences the cure within the thirty (30) day period and thereafter continuously and diligently pursues the cure to completion. LESSEE may not maintain any action or effect any remedies for default against LESSOR unless and until LESSOR has failed to cure the breach within the time periods provided in this Paragraph. Notwithstanding the foregoing to the contrary, it shall be a default under this Agreement if LESSOR fails, within five (5) days after receipt of written notice of such breach, to perform an obligation required to be performed by LESSOR if the failure to perform such an obligation interferes with LESSEE's ability to conduct its business on the Property; provided, however, that if the nature of LESSOR'.s obligation is such that more than five (5) days after such notice is reasonably required for its performance, then it shall not be a default under this Agreement if performance is commenced within such five (5) day period and thereafter diligently pursued to completion. 30. REMEDIES. Upon a default, the non -defaulting Party may at its option (but without obligation to do so), perform the defaulting Parry's duty or obligation on the defaulting Party's behalf, including but not limited to the obtaining of reasonably required insurance policies. The costs and expenses of any such performance by the non -defaulting Parry shall be due and payable by the defaulting Party upon invoice therefor. In the event of a default by either Party with respect to a material provision of this Agreement, without limiting the non - defaulting Party in the exercise of any right or remedy which the non -defaulting Party may have by reason of such default, the non -defaulting Party may terminate this Agreement and/or pursue any remedy now or hereafter available to the non -defaulting Party under the Laws or judicial decisions of the state in which the Premises are located; provided, however, both Party's shall use reasonable efforts to mitigate its damages in connection with a default by the other Party. If LESSEE's ability to transmit its signal is adversely affected due to LESSOR's default and LESSEE chooses to remedy said default, the full amount of the reasonable and actual cost and expense incurred by LESSEE shall immediately be owed by LESSOR to LESSEE. Notwithstanding the foregoing, if LESSOR does not pay LESSEE the full undisputed amount within thirty (30) days of its receipt of an invoice setting forth the amount due from LESSOR, LESSEE may offset the full undisputed amount due against all fees due and owing to LESSOR until the full undisputed amount is fully reimbursed to LESSEE. 31. ENVIRONMENTAL. a. LESSOR will be responsible for all obligations of compliance with any and all environmental and industrial hygiene laws, including any regulations, guidelines, standards, or policies of any governmental authorities regulating or imposing standards of liability or standards of conduct with regard to any environmental or industrial hygiene conditions or concerns as may now or at any time hereafter be in effect, that are or were in any way related to activity now conducted in, on, or in any way related to the Tower or Property, unless such conditions or concerns are caused by the specific activities of LESSEE in the Premises. 12 . b. LESSOR shall hold LESSEE harmless and indemnify LESSEE from and assume all duties, responsibility and liability at LESSOR's sole cost and expense, for all duties, responsibilities, and liability (for payment of penalties, sanctions, forfeitures, losses, costs, or damages) and -for responding to any action, notice, claim, order, summons, citation, directive, litigation, investigation or proceeding which is in any way related to: (i) failure to comply with any environmental or industrial hygiene law, including without limitation any regulations, guidelines, standards, or policies of any governmental authorities regulating or imposing standards of liability or standards of conduct with regard to any environmental or industrial hygiene concerns or conditions as may now or at any time hereafter be in effect, unless such non- compliance results from conditions caused by LESSEE; and (ii) any environmental or industrial hygiene conditions arising out of or in any way related to the condition of the Tower or Property or activities conducted thereon, unless such environmental conditions are caused by LESSEE. C. LESSEE will not introduce, use or permit any discharge or release of any hazardous substance on the Premises in violation of any applicable environmental law or regulation. d. LESSEE shall hold LESSOR harmless and indemnify LESSOR from and assume all duties, responsibility and liability at LESSEE's sole cost and expense, for all duties, responsibilities, and liability (for payment of penalties, sanctions, forfeitures, losses, costs, or damages) and for responding to any action, notice, claim, order, summons, citation, directive, litigation, investigation or proceeding to the extent resulting from: (i) LESSEE's failure to comply with any environmental or industrial hygiene law, including without limitation any regulations, guidelines, standards, or policies of any governmental authorities regulating or imposing standards of liability or standards of conduct with regard to any environmental or industrial hygiene concerns or conditions as may now or at any time hereafter be in effect, unless such non-compliance results from conditions caused by LESSOR; and (ii) any environmental or industrial hygiene conditions arising out of or in any way related to the condition of the Tower or Property or activities conducted thereon, if such environmental conditions are caused solely by LESSEE. 32. CASUALTY. In the event of damage by fire or other casualty to the Tower or Premises that cannot reasonably be expected to be repaired within forty-five (45) days following same or, if the Property is damaged by fire or other casualty so that such damage may reasonably be expected to disrupt LESSEE's operations at the Premises for more than forty-five (45) days, then LESSEE may, at any time following such fire or other casualty, provided LESSOR has not completed the restoration required to permit LESSEE to resume its operation at the Premises, terminate this Agreement upon fifteen (15) days prior written notice to LESSOR. Any such notice of termination shall cause this Agreement to expire with the same force and effect as though the date set forth in such notice were the date originally set as the expiration date of this Agreement and the Parties shall make an appropriate adjustment, as of such termination date, with respect to payments due to the other under this Agreement. Notwithstanding the foregoing, the rent shall abate during the period of repair following such fire or other casualty in proportion to the degree to which LESSEE's use of the Premises is impaired. 13 33. CONDEMNATION. In the event of any condemnation of all or any portion of the Property, this Agreement shall terminate as to the part so taken as of the date the condemning authority takes title or possession, whichever occurs first. If as a result of a partial condemnation of the Premises or Tower, LESSEE, in LESSEE's sole discretion, is unable to use the Premises for the purposes intended hereunder, or if such condemnation may reasonably be expected to disrupt LESSEE's operations at the Premises for more than forty-five (45) days, LESSEE may, at LESSEE's option, to be exercised in writing within fifteen (15) days after LESSOR shall have given LESSEE written notice of such taking (or in the absence of such notice, within fifteen (15) days after the condemning authority shall have taken possession) terminate this Agreement as of the date the condemning authority takes such possession. LESSEE may on its own behalf make a claim in any condemnation proceeding involving the Premises for losses related to the equipment, conduits, fixtures, its relocation costs and its damages and losses (but not for the loss of its leasehold interest). Any such notice of termination shall cause this Agreement to expire with the same force and effect as though the date set forth in such notice were the date originally set as the expiration date of this Agreement and the Parties shall make an appropriate adjustment as of such termination date with respect to payments due to the other under this Agreement. If LESSEE does not terminate this Agreement in accordance with the foregoing, this Agreement shall remain in full force and effect as to the portion of the Premises remaining and LESSOR shall provide substitute space equal to the rentable area taken for LESSEE's ground equipment except that if equal substitute space is not available then the rent shall be reduced in the same proportion as the rentable area of the Premises taken and not substituted bears to the total rentable area of the Premises. In the event that this Agreement is not terminated by reason of such condemnation, LESSOR shall promptly repair any damage to the Premises caused by such condemning authority. 34. SUBMISSION OF AGREEMENT/PARTIAL INVALIDITY/AUTHORITY. The submission of this Agreement for examination does not constitute an offer to lease the Premises, and this Agreement becomes effective only upon the full execution of this Agreement by the Parties. If any provision herein is invalid, it shall be considered deleted from this Agreement and shall not invalidate the remaining provisions of this Agreement. Each of the Parties hereto warrants to the other that the person or persons executing this Agreement on behalf of such Party has the full right, power and authority to enter into and execute this Agreement on such Party's behalf and that no consent from any other person or entity is necessary as a condition precedent to the legal effect of this Agreement. 35. APPLICABLE LAWS. During the Term, LESSOR shall maintain the Property and all structural elements of the Premises in compliance with all applicable laws, rules, regulations, ordinances, directives, covenants, easements, zoning and land use regulations, and restrictions of record, permits, building codes, and the requirements of any applicable fire insurance underwriter or rating bureau, now in effect or which may hereafter come into effect (including, without limitation, the Americans with Disabilities Act and laws regulating hazardous substances) (collectively, "Laws"). During the Term, LESSEE shall maintain the Land Space and Tower Space in compliance with all Laws. 36. SURVIVAL. The provisions of this Agreement relating to indemnification from one Party to the other Party shall survive any termination or expiration of this Agreement. 14 Additionally, any provisions of this Agreement which require performance subsequent to the termination or expiration of this Agreement shall also survive such termination or expiration. 37. CAPTIONS. The captions contained in this Agreement are inserted for convenience only and are not intended to be part of this Agreement. Such captions shall not affect or be utilized in the construction or interpretation of this Agreement. 38. CONSTRUCTION OF TOWER. LESSOR agrees to keep LESSEE advised of the progress of the construction of the Tower. LESSOR agrees to provide LESSEE and its representatives and contractors with access to the construction site and to LESSOR's employees and general contractor for purposes of determining the progress of construction. LESSOR agrees to pursue diligently the construction of the Tower and, once construction commences, to complete the Tower within sixty (60) days. Notwithstanding any other provision in this Agreement to the contrary, in the event LESSOR fails to complete its construction obligations in a timely manner, then LESSEE shall have the right to terminate this Agreement without penalty provided that LESSEE's acts or omissions are not the cause of LESSOR failing to complete its construction obligations in a timely manner. LESSEE hereby waives and relinquishes all other rights and remedies at law or in equity against LESSOR for such failure. 39. STATUS OF PRIME LEASE. LESSOR has a leasehold interest in the Property by virtue of that certain Option & Lease Agreement, dated August 14, 2014, between LESSOR, as "Lessee" and Wynne Capital, LLC (the "Prime Landlord"), as "Lessor" (the "Prime Lease"). LESSOR hereby certifies and acknowledges that, as of the date of this Agreement, (a) LESSOR is not in default in any respect under the Prime Lease; (b) LESSOR does not have any defenses to its obligations under the Prime Lease; (c) there are no offsets against rent or any other amount payable in connection with the Prime Lease; (d) the Prime Lease is in full force and effect it is the only document evidencing the agreement, oral or written, of LESSOR and the Prime Landlord with respect to the Property; and (e) there exists no default on the part of Prime Landlord nor any state of facts which, with the giving of notice or the passage of time, or both, could result in a default by Prime Landlord. LESSOR acknowledges and agrees that: (i) the representations herein set forth constitute a material consideration to LESSEE in entering into this Agreement; (ii) such representations are being made by LESSOR for purposes of inducing LESSEE to enter into this Agreement; and (iii) LESSEE is relying on such representations in entering into this Agreement. [SIGNATURE PAGE TO FOLLOW] 15 IN WITNESS WHEREOF, the Parties hereto have set their hands and affixed their respective seals the day and year first above written. WITNESS Pki tc rA R tie tr r� S Print Name WITNESS K r hci o-P-" , Print Name 0" y WITNESS Doi2dS -lF. ODSe[n Mi LESSOR: SCI TOWERS, LLC, a Delaware limited liability company LESSEE: VERIZON WIRELESS PERSONAL COMMUNICATION LP d/b/a Verizon Wireles, By: Fr k Its: ExeG�t' �' ctor, Network Field Engineering Date: i I EXHIBIT "A" DESCRIPTION OF PREMISES [Page 1 of 111 Legal Description of Parent Tract: BEGIN AT THE NORTHEAST CORNER OF SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, FLORIDA; THENCE RUN SOUTH 87'57'33" WEST, ALONG THE NORTH LINE OF SAID SECTION 8, A DISTANCE OF 100.03 FEET TO THE POINT OF BEGINNING; THENCE RUN SOUTH 00'40'49" EAST, PARALLEL WITH THE SAID EAST LINE OF SECTION 8, A DISTANCE OF 1805.22 FEET; THENCE RUN NORTH 89'57'04" WEST, PARALLEL WITH THE NORTH RIGHT—OF—WAY LINE OF ORANGE AVENUE EXTENSION (STATE ROAD 68), A DISTANCE OF 396.00 FEET; THENCE RUN SOUTH 00'40'49" EAST, PARALLEL TO THE EAST LINE OF SAID SECTION 8, A DISTANCE OF 660.00 FEET TO THE NORTH RIGHT—OF—WAY LINE OF SAID ORANGE AVENUE EXTENSION; THENCE RUN NORTH 89'57'04" WEST, ALONG SAID NORTH RIGHT—OF—WAY LINE, A DISTANCE OF 2228.29 FEET; THENCE RUN NORTH 00'35 43' EAST, A DISTANCE OF 2,371.35 FEET TO THE NORTH LINE OF SAID SECTION 8; THENCE RUN NORTH 00'27'06" EAST, A DISTANCE OF 2893.89 FEET; THENCE RUN NORTH 00'23'18" EAST, A DISTANCE OF 2914.29 FEET TO THE NORTH LINE OF SECTION 5, TOWNSHIP 35 SOUTH, RANGE 37 EAST; THENCE RUN NORTH 89'27'26" EAST, ALONG THE SAID NORTH LINE OF SECTION 5, A DISTANCE OF 2495.98 FEET TO A POINT THAT IS 100.00 FEET WEST OF THE NORTHEAST CORNER OF SAID SECTION 5; THENCE RUN SOUTH 00'19'07" EAST, PARALLEL WITH THE EAST LINE OF SAID SECTION 5, A DISTANCE OF 5740.17 FEET TO THE SOUTH LINE OF SAID SECTION 5; THENCE RUN NORTH 87'57'33" EAST, ALONG SAID SOUTH LINE OF SECTION 5, A DISTANCE OF 0.02 FEET TO THE POINT OF BEGINNING, ,ALL LYING AND BEING IN SECTIONS 5 AND 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, FLORIDA. EXHIBIT "A" DESCRIPTION OF PREMISES [Page 2 of 111 Legal Descriptiion of LESSOR'S Lease Since: A PARCEL OF LAND LYING IN SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST, LUCIE COUNTY, FLORIDA; THENCE S00`40'49"E, ALONG THE EAST LINE OF SAID SECTION 8, A DISTANCE OF 1902.96 FEET; THENCE S89'19'11"W, A DISTANCE OF 230.15 FEET TO THE POINT OF BEGINNING. THENCE S00°40'49"E, A DISTANCE OF 100.00 FEET; THENCE S89°19'11"W, A DISTANCE OF 100.00 FEET; THENCE NOO`40'49"W, A DISTANCE OF 100.00 FEET; THENCE N89'19'11"E, A DISTANCE OF 100.00 FEET TO THE POINT OF BEGINNING. CONTAINING 10,000 SQUARE FEET, MORE OR LESS. EXHIBIT "An DESCRIPTION OF PREMISES [Page 3 of 111 Legal Description of LESSEE's Land Space: & P-AR2EL OF LANG LYi3 G SECTW3H, TGAUSHIP 36S0lJTH, RAWjE 3T EkST, St. LU CIE c03lT LORirW T KING !ACRE PA iMLA Y I SCRIEED AS FOLD 016: DO�pAl� USG AT THE NORTISST 1COR R CIF RCi N S, TO 1 VIP 35 SOUTH RME 37 EAST, "NT. LUCIE CCONTY, FW dDrk THE14CE SU26 VE, ALWGT#E EAST RCr 0:NDSECTiCt15,ACiSTANCECS"9TC�%iFE THENCE Srfr24COI/1, A DIST�I4CE OF 2Kt15 EET; THEAr.E Slh'�`3o"d i E, A CIS IRCE OF 64.5U FEE THENCE SV24Q0'N, A DIKE OF 4100 FE_-i TO THE PON44T OF BEG I' + NG: THENCE S9249011I. A DISTANCE OF 2,4100 'rE-T; THME WV rW 4. A C4SUNCE CF £2.Cc FEET, T? ICE Nth 24U E, A C4STIME OF 39Tt FEET; THENCE S:ftB E, A DuT %7:OF 12 W FEET7 aD FHE POINT OF EEGINNNG. �C AIt41?d3 }a} S'OLLSPE FEET, WRE OR LESS Legal Descri tion of LESSEE's Easement for Access and Utilities: AND EGRESS IN SECTION 8T TOWNSHIPE35NSOUOTH,URANGES37NEA T, ST.SLYING WIDE LUCIE COUNTY, FLORIDA. AND LYING 10.00 FEET ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTERLINE: COMMENCING AT THE NORTHEAST CORNER OF SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, FLORIDA; THENCE S00'40'49' E(D), ALONG THE EAST LINE OF SAID SECTION 8, A DISTANCE OF 2468.10 FEET TO THE NORTH RIGHT—OF—WAY LINE OF COUNTY ROAD 58 (FORMERLY STATE ROAD 68)(200.00 FEET WIDE); THENCE N89'57'04"W(D), ALONG THE NORTH RIGHT—OF—WAY LINE OF SAID COUNTY ROAD 68 (200-00 AND TTHEEET CENTERLINE OF SAIID 20.00 FEET WIDE CE OF 140.39 T TO THE POINT OF EASEMENT; THENCE N00'44'23"W, A DISTANCE OF 121.05 FEET; THENCE N57'38'05"E, A DISTANCE THENCE S89FFEET; 131.82 THENCE N2DISTANCE 1911"W, ADISTANCEOF201.49FEET TO THE POINT OF TERMINUS CONTAINING 15,548 SQUARE FEET (0.357 ACRES), MORE OR LESS. �-�LU Sri p m LA-C WLU W C) CD c+a w _w W [O LLJ W 1A W w • w 1!a W W r m v z O eu '^ ; v% b 6 LL-- f i w 1i W W u CtS WC14 47 � Q z� W i,j +'�' U W e=j Ga Cr LT O E; C ai S W LLI LTVCD V r w w W W W W W 4 C Ca CG.y c CD G 7 CW7 4�1 E -► -.., L-WO c`,L"i Ci 1.0 t:`yri y c WJ O t~rJ T s F= F— CV-D r u zizd.n' C � Gi sQtwlEliQ "'p'SCdif !iy .arytt .__ r � � r�mnre 2f2i' ®. rI iikFt�FfF tC1Fy4FEey4€F€.Q? 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B fi ai A d ¢ v,G LL pfi rs EXiq.� Re rt9 -i`•iE E" 9 �? rr4dEA¢ QEaa i " I ri�R ? 3 DO�yati� tlap8aAa ¢ is ° ' a a6a. v ' 9 1 4y� SPECIFIC PURPOSE iy y0,a ��'n,ppp 9, TOPOGRAPHIC SURVEYE I j ��n ! $ Q ,NQI' EXISTING CONDITIONS o A I R5 ® Y1 SCI TOM S 14-287•2S r Exhibit A - Page 6 of 11 THIS IS NOT A SURVEY 5 1' P.O.C.—� t3E 9 (ALL PARCELS) N.E. CORNER SEC. E1 v 1 P" Scale in feet C4 v�-i 1 Inch 30 Feet INTENDED DISPLAY SCALE vmI ww�? o, ola qo, 0a S69'19'11"W(D) N89'19'11"E(D) N89'24'00"E(C) 100.00' .- �1 S89-24'00"W(C) 230... ----------------- -----.•-----. ..--- C�_ 75' l75'X75 co CONSTRUCTION ZONE I Z W l. 0 l I O O O U O Ot dl I olp W Iw 00 P1 Z V l 25' In l co w �i 4- VERIZON � `1p ICE BRIDGE o w lI mm EASEMET 'P.O.B. . o 0 0 VERIZON o 0 Z SUB -LEASE N z B9'24'OL D"W 42.00' I — I N 75, C j J SUB -LE -LEASE J — — S89'24�OO"W(C) 100.00' 100'XIDO'-- S89'19'11"W(D) SCI TOWERS PARENT LEASE ABBREVIATION LEGEND P.O.C. POINT OF COMMENCEMENT P.O.B. POINT OF BEGINNING _ (D) PARENT DESCRIPTION DATA (C) CALCULATED DATA PER FIELD OFFICIAL RECORD BOOK NOTES: U.E.O.R.B. UTILITY EASEMENT 1. BEARINGS SHOWN HEREON ARE RELATIVE TO FLORIDA STATE PLANE P.D. PLAT BOOK GRID BASED ON THE LINE LABELED HEREON AS (BEARING BASIS),. ALL rL CENTER LINE OTHER BEARINGS ARE RELATIVE THERETO, R/W RIGHT OF WAY 2. THIS SKETCH AND DESCRIPTION IS FOR THE EXCLUSIVE PURPOSE SEC. SECTION OF DESCRIBING THE PARCEL OR STRIP OF LAND SHOWN AND IS NOT S.F. SQUARE FEET A BOUNDARY SURVEY. SKETCH AND DESCRIPTION 10250SMILLAGEPARKWAY. SCI WYNN RANCH STE 201 F3[lK4 PORT, SAINT LUCIE, rL 34987 ENGINEERS O SURVEYORS 777.-340.4090 FOR:ITE 1, ERIZON SITE 895 V #68p mwmv,"4emamm nrerunvmmcru anuawn,wuw,s Uv cunirmnv.ornumo"vA,wmviu REVISIONS JOB No. ' 14-2U7 DA7E: 10/25/2016 SHEET 1 SCALE : AS SHOWN DRAWN BY: R.II, CHECKED BY. R.II, CADD FILE : 14-297 S&D V"rizon.dwg of _6 Exhibit A - Page 7 of 11 THIS IS NOT A SURVEY scale In tact (1 Inch 10 Feat INTENDED DISPLAY SCALE VERIZON ICE BRIDGE EASEMENT N89.24'O°"E 30.00' / 7 a J/ o VERIZON ni 41 P.O.B. I" m SUD—LEASE b O1- VERIZON o oo (380 S.F.) oo SUB —LEASE ri S09'24'00"W 42.00' 3' S89'24'00"W 30.00' 75'X75 J CONSTRUCTION ZONE 100'X100' iT SCI TOWERS PARENT LEASE NOTES; BEARINGS1. BA EI E E D ON THEREON OLA LABELED HEREON AS (BEARING BASIS) ELATIVE TO FLORIDA STATE PLANE GRID L OTHER BEARINGS ARE RELATIVE THERETO. 2. THIS SKETCH AND DESCRIPTION IS FOR THE EXCLUSIVE PURPOSE OF DESCRIBING THE PARCEL OR STRIP OF LAND SHOWN AND IS NOT A BOUNDARY SURVEY. SKETCH AND DESCRIPTION SCl WYNN RANCH PREPARED FOR: VERIZON SITE #68M REVISIONS JOB No.: 14-297 DATE: 10/25/2.010 SCALE : AS SHOWN DRAWN BY: R.H. CHECKED BY. R.U. CAOD FILE : 14-297 S&D BREV_IATION LEGEND P.O.C. POINT OF COMMENCEMENT' P.O.B. POINT OF BEGINNING (D) PARENT DESCRIPTION DATA (C) CALCULATED DATA PER FIELD O.R.B. OFFICIAL RECORD BOOK U.E. UTILITY EASEMENT P.B. PLAT BOOK q CENTER LINE R/W RIGHT OF WAY SEC. SECTION S.F. SQUARE FEET 9 xwxoAolnc win ,nPP. f.11Ui 10250 SW VILLAGE PARKWAS STE 201 PORT SAINT LUCIE, FL 34907 772.340 4990 SHEET 2 OFIS Exhibit A - Page 8 of 11 THIS IS NOT A SURVEY 0 —_— Seale in feet 1 Inch - 5 Feet INTENDED DISPLAY SCALE I �S• a4l J A N89'24'00"E 0.76' VERI7_ON y� ICE BRIDGE h' EASEMENT 7P.NO(.)'36'00"W (20 S.F.) .00, S89'24'00"W VERIZON.B. 2.24' VEIZON 106 (UB—LEASE ICE BRIDGE 360 S.F.) I EASEMENT o I0 n IZ S09'24'00"W 42.00' u . . .— — -_ ^ � ._.._. _- -- — _ _.- —. _.. , 75K75' CONSTRUCTION ZONE ABBREVIATION LEGEND P.O.C. POINT OF COMMENCEMENT P.O.B. POINT OF 'BEGINNING (D) PARENT DESCRIPTION. DATA (C) CALCULATED DATA PER FIELD O.R.B. OFFICIAL RECORD BOOK NOTES: U.E. UTILITY EASEMENT 1. BEARINGS SHOWN HEREON ARE RELATIVE TO FLORIDA STATE PLANE P.D. PLAT BOOK GRID BASED ON THE LINE LABELED HEREON AS (BEARING BASIS). ALL CENTER LINE OTHER BEARINGS ARE RELATIVE THERETO. R/W RIGHT OF WAY 2. THIS SKETCH AND DESCRIPTION IS FOR THE EXCLUSIVE PURPOSE SEC. SECTION OF DESCRIBING 'THE PARCEL OR STRIP OF LAND SHOWN AND IS NOT S.F. SQUARE FEET A BOUNDARY SURVEY. SKETCH AND DESCRIPTION rnl�KwnY, SCI WYNN RANCH .�, STE 201wvlu.ncE O L--�4 r snmrtuciE, n. onoR7 PORT ENGINEERS O SURVEYORS 772.340 ADDO PREPARED FOR: m wlll VER/ZON SITE #68895 ¢nP6 cCliln'ICML'of nuploOVA luumE 4. ILCf11161C'AIE01 AM111111I MIM(I REVISIONS JOB No.: 14-207 DAIL: 10126/2018 SCAM : AS SHOWN DRAWN BY: P.D. CHECKED BY'. R.R.DADS FlLE : 1n-207 S&D Vorizml,Uw9 siflrrT 3 OFIS Exhibit A -Page 9 of 11 J GTE: )ESCRIPTION NOT VALID WITHOUT ATTACHED SKETCH. THIS IS NOT A SURVEY .EGAL DESCRIPTION: SCI TOWERS (PARENT LEASE) N PARCEL OF LAND LYING IN SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, 'LORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: "OMMENCING AT THE NORTHEAST CORNER OF SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, FLORIDA; THENCE S00°40'49"E, ALONG THE EAST LINE OF SAID SECTION 8, A DISTANCE OF 1902.96,FEET; THENCE S890191 T W, A DISTANCE OF 230.15 FEET TO THE POINT OF BEGINNING. THENCE N 0"40'49"W A DISTANCE TANCE OFTANCE OF 10 0- 0 FEET THENCE N89°0.00 FEET; THENCE I 9'11' E, A DISTANCE OF 100.00 FEET TO THE POINT OF BEGINNING. CONTAINING 10,000 SQUARE FEET, MORE OR LESS. SKETCH AND DESCRIPTION SCI WYNN RANCH PREPARED FOR: VERIZON SITE 1168895 REVISIONS • 14-297 DATE: 1D/2U/zulu AS SHOWN DRAWN BY; R.11, CHECKED BY. R.H. CARD FILE : 14-2.97 SAM VNEERS 0 SURVEYORS q WnvieuoYmwn 10260 SW VILLAGE: PARKWAI ST[ 201 PORT SAINTLUCIE. EL 34997 772.340.40DO LO u. cUumcn": ur nu'Ul VM*wu• - w. coon cn,e nr wwwmn�rou ttno SHEET OF 6 y Exhibit A - Page 10 of 11 NOTE; THIS IS NOT A SURVEY DESCRIPTION NOT VALID WITHOUT ATTACHED SKETCH. LEGAL DESCRIPTION: VERIZON (EQUIMPMENT AREA SUB -LEASE) A PARCEL OF LAND LYING IN SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE'NORTHEAST CORNER OF SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, FLORIDA; THENCE S00036'00"E, ALONG THE EAST LINE OF SAID SECTION 8, A DISTANCE OF 1902.96 FEET; THENCE S89024'00"W, A DISTANCE OF 230.15 FEET; THENCE S00°36'00"E, A DISTANCE OF 84.50 FEET; THENCE S89"24'00"W, A DISTANCE OF 42.00 FEET TO THE POINT OF BEGINNING. THENCE S89024'00"W, A DISTANCE OF 30.00 FEET; THENCE N00036'00rl W, A DISTANCE OF 12.00 FEET; THENCE N89024'00"E, A DISTANCE OF 30.00 FEET; THENCE S00036'00"E, A DISTANCE OF 12.00 FEET TO THE POINT OF BEGINNING. CONTAINING 360 SQUARE FEET, MORE OR LESS. SKETCH AND DESCRIPTION SCI WYNN RANCH .PREPARED FOR: VERIZON SITE J68895 REVISIONS ^d lwneaJCLle[mn II O lft 10290 SW VILLAGE PARKWAI STE 201 PORT SAINT LUCID, PL 34087 772.31OA990 IJOB No. • 14-207 DAM 10/25/2016 SHEET 5 OF 6 SCALE : AS SROWN DRAWN BY. mi. CIIECKED BY. R.II. CARD FILE : 14-297 S&D Verizon.dw9 Exhibit A - Page 11 of 11 NOTE: DESCRIPTION NOT VALID THIS IS NOT A SURVEY WTHOUT ATTACHED SKETCH. LEGAL DESCRIPTION: VERIZON (ICE BRIDGE EASEMENT) A PARCEL OF LAND LYING IN SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SECTION 8, TOWNSHIP 35 SOUTH, RANGE 37 EAST, ST. LUCIE COUNTY, FLORIDA; THENCE S00036'00"E, ALONG THE EAST LINE OF SAID SECTION 8, A DISTANCE OF 1902.96 FEET; THENCE S89°24'00'W, A DISTANCE OF 230.16 FEET; THENCE SOO°3600 E, A DISTANCE OF 84.50 FEET; THENCE S89024'00" W, A DISTANCE OF 42.00 FEET; THENCE N00036'00"W, A DISTANCE OF 8.25 FEET TO THE POINT OF BEGINNING, THENCE N00036'00"W, A DISTANCE OF 3.00 FEET; THENCE N89°24'00"E, A DISTANCE OF 0.76 FEET; THENCE N36054'11"E, A DISTANCE OF 4.32 FEET; THENCE S53°05'49"E, A DISTANCE OF 3.00 FEET; THENCE S36054'11 "W, A DISTANCE OF 5.80 FEET; THENCE S89024'00"W, A DISTANCE OF 2.24 FEET TO THE POINT OF BEGINNING. CONTAINING 20 SQUARE FEET, MORE OR LESS. NOTE: This document Is electronically certified pursuant to Chapter 5J-17.062, Florida Administrative Code. Unless the electronically certified stamp appears, printed copies are. not valid without the signature and original raised seal of the signing Professional Surveyor and Mapper. 4544 6^. STATE FLORIDA , � y¢�= � 10-25-2017 nuurveyo�ao, ROGER A. FAGLER SIGNATURE DATE LbNinwlbo u,'\ PROFESSIONAL SURVEYOR & MAPPER FLORIDA REGISTRATION No. 4544 SKETCH AND DESCRIPTION SCI WYNN RANCH PREPARED FOR: VERIZON SITE #68895 REVISIONS JOB No, : 14-207 DATE: 10/25/20V3 SCALE : AS SHOWN DRAWN BY: R.H. CHECKED BY: R.H GAUD FILE : 14-207 S@D ST E 2 SW VILI AOF PARKWAS STF 01 PORT SAINT LUCIE, FL 34087 'EERS 0 SURVEYORS 772'340-0090 9 xmzaJohmw,n rip PC. CO W P.Ani or NolMoVAT"N W3, L". CM11 WATE or Au I"WNAT""I ar SHEET E7 OF EXHIBIT "C" FORM OF MEMORANDUM OF TOWER LEASE Prepared By and Upon Recording, Return to: SCI TOWERS, LLC PO BOX 664 HOPKINTON, MA 01748 STATE OF FLORIDA ) COUNTY OF ST. LUCIE ) LESSEE Site ID: SCI Towers Wynne Ranch - 68895 MEMORANDUM OF TOWER LEASE AGREEMENT This Memorandum of Tower Lease Agreement (the "Memorandum") is made this day of , 2017, between SCI TOWERS, LLC, a Delaware limited liability company, with its principal offices located at PO Box 664, Hopkinton, MA 01748, hereinafter collectively referred to as "LESSOR", and vERIZON WIRELESS PERSONAL COMMUNICATIONS LP d/b/a Verizon Wireless, a Delaware general partnership, with its principal office located at One Verizon Way, Mail Stop 4AW100, Basking Ridge, New Jersey 07920-1097, hereinafter referred to as "LESSEE". LESSOR and LESSEE are at times collectively referred to hereinafter as the "Parties" or individually as the "Party". 1. LESSOR and LESSEE entered into a Tower Lease Agreement (the "Agreement") on . 20 for an initial term of five (5) years, commencing on the Commencement Date (as defined below). The Agreement shall automatically be extended for four (4) additional five (5) year terms unless the LESSEE terminates it at the end of the then current tern by giving the LESSOR written notice of the intent to terminate at least six (6) months prior to the end of the then current term. 2. LESSOR hereby leases and demises to the LESSEE and LESSEE hereby leases and accepts from LESSOR a portion of that certain space (the "Tower Space'D on the LESSOR's tower, hereinafter referred to as the "Tower", located on the northside of State Road 68 as shown on the Tax Map of the St. Lucie County Tax Office as a portion of Parcel ID Number 2108-111-0001-010-8 (the entirety of LESSOR's property is referred to hereinafter as the "Property"), together with a 12' x 30' parcel of land containing Three Hundred Sixty (360) square feet (the "Land Space"); together with the non-exclusive easement (the "Easement') for ingress and egress, seven (7) days a week, twenty-four (24) hours a day, on foot or motor vehicle, including trucks, and for the installation and maintenance of utility wires, poles, cables, conduits, and pipes over, under, or along a twenty foot (20') wide right of way extending from the nearest public right-of-way, State Road 68 (Orange Avenue), to the Land Space; together with a non-exclusive ice bridge easement and any further easements over and through the Property between the Land Space and the Tower Space, for the installation and maintenance of utility wires, poles, cables, conduits, and pipes (the "Further Easements'. The Tower Space, the Land Space, the Easement and the Further Easements are substantially described in Exhibit "A", attached hereto and made a part hereof constitute the demised premises and are collectively referred to hereinafter as the "Premises". 3. The Commencement Date of the Agreement, of which this is a Memorandum, is the earlier of: (i) the first (l 1) day of the month following the date that LESSEE begins installation of its equipment at the Land Space or (ii) the first (1") day of the month following substantial completion of the Tower site, except as provided in the Agreement (the "Commencement Date"). 4. The terms, covenants and provisions of the Agreement, the terms of which are hereby incorporated by reference into this Memorandum, shall extend to and be binding upon the respective executors, administrators, heirs, successors and assigns of LESSOR and LESSEE. IN WITNESS WHEREOF, hereunto and to a duplicate hereof, LESSOR and LESSEE have caused this Memorandum to be duly executed under seal on the date first written hereinabove. WITNESS Name WITNESS Name WITNESS Print Name Print Name LESSOR: SCI TOWERS, LLC, a Delaware limited liability company By: NOT FOR EXECUTION Name: Title: Date: LESSEE: VERIZON WIRELESS PERSONAL COMMUNICATIONS LP d/b/a Verizon Wireless By: NOT FOR EXECUTION Name: Frank Wise Title: Executive Director, Network Field Engineering Date: STATE OF LESSOR ACKNOWLEDGMENT COUNTY OF J 1 , do hereby certify that personally came before me this day and acknowledged that he is the of SCI Towers, LLC, a Delaware limited liability company, and he, being authorized to do so, executed the foregoing MEMORANDUM OF TOWER LEASE AGREEMENT as his own act and deed on behalf of SCI Towers, LLC. He is personally known to me or has produced as identification. WITNESS my hand and official Notarial Seal, this _ day of 20_• My Commission Expires: STATE OF Notary Public LESSEE ACKNOWLEDGMENT COUNTY OF J I do hereby certify that Frank Wise personally came before me this day and acknowledged that he is the Executive Director, Network Field Engineering of VERiZON WIRELESS PERSONAL COMMUNICATIONS d/b/a Verizon Wireless, a Delaware general partnership, and that he, as Executive Director, Network Field Engineering, being authorized to do so, executed the foregoing MEMORANDUM OF TOWER LEASE AGREEMENT on behalf of VERIZON WIRELESS PERSONAL COMMUNICATIONS d/b/a Verizon Wireless. WITNESS my hand and official Notarial Seal, this _ day of 20—• Notary Public My Commission Expires: '' ') EXHIBIT A TO THE MEMORANDUM OF LEASE DESCRIPTION OF PROPERTY C-5 EXHIBIT D (TO BE ATTACHED AT A LATER DATE) EXHIBIT "B" LESSEE's Tower Equipment Antennae: Five (5) JMA Wireless 7CQAP-665-V antennae at 196' CL Four (4) JMA Wireless X7CQAP-FRO-645-VRO antennae at 196' CL Coax Lines: Twelve (12) 1-5/8" coax lines One (1) hybrid line Other Equipment: Six (6) Ericsson 700LTERUL Remote Radio Units Three (3) Comm cope AISG Bias -Ts Two (2) RRFDC-3315-PF-48 (or equivalent) OVP boxes