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HomeMy Public PortalAbout1993 Agreement for Office Space.tifMay 25, 1993 { departments Fire Chief Huddleston also addressed the Council Councilman Sullivan made a motion to authorize a month -to -month lease for office space, for the Fire Chief, at the Key Executive Building The motion was seconded by Councilman Hill and adopted by a unanimous voice vote The vote was as follows Councilmembers Fried, Hill, Rasco, Sullivan, Vice Mayor Brody, and Mayor Brody voting Yes Manager Kissinger also discussed the location of the fire station and stated that a final decision should be made at the next meeting The manager discussed the Ocean Drive beautification project Alma Trapollini, 650 Ocean Drive, representing the Bahia Mar Condominium Association, inquired about the plan William Croysdale, 550 Ocean Drive, spoke in support of the plan Michael Kahn, 881 Ocean Drive, spoke in support of the landscaping aspect of the plan Camille Guething, 260 Seaview Drive, spoke in opposition to providing parking in the swale area Conchita Suarez, 201 Crandon Boulevard, also spoke in opposition to parking in the swale area Steve Miner, 590 Ocean Drive, spoke in support of the project The manager requested that Building Official Dan Nieda make a presentation to the Council regarding abandoned and substantially damaged homes Building Official Nieda submitted his report John Festa, 695 Harbor Lane, addressed the Council on this matter The manager presented to the Council a schedule for the implementation of the 1993-1994 budget 10-D MAYOR AND COUNCILMEMBERS Councilman Sullivan discussed a proposed date for a Council workshop He requested that Councilman Rasco organize and schedule a workshop The Council concurred to tentatively meet the first week of July Councilman Sullivan also discussed the creation of committee to review the zoning code Attorney Weiss discussed the requirements for creating the committee The Council concurred that the committee shall be appointed by the Local Planning Agency John Festa, 695 Harbor Lane, addressed the Council on this matter 11 RESOLUTIONS: Mayor Conte read the following resolution by title A RESOLUTION OF THE VILLAGE OF KEY BISCAYNE, FLORIDA, ADOPTING FLEXIBLE BENEFITS PLAN, PROVIDING FOR AN EFFECTIVE DATE Page 6 of 8 LEASE AGREEMENT (LESSOR) THIS AGREEMENT, made and entered into this, the 14 day of May , 19 93 , by and between KEY EXECUTIVE BUILDING, PAUL AUCHTER, TRUSTEE County of Dade, State of Florida (LESSEE) (hereinafter called Lessor), and Village of Key Biscayne (hereinafter called Lessee). WITNESSETH: (PREMISES) 1. Lessor has leased, demised and rented, and by these presents does lease, demise and rent to Lessee the area located on the 4th Floor designated as Suite 409 having 494 rentable sq. ft. located in Key Biscayne, County of Dade, State of Florida, for a term of M -M to commence the 17th day of May , 1993 , and end on the day of See Addendum , 19 unless sooner terminated as herein provided, the lease premises to be continuously used and occupied during the full term of this lease and no other purpose(s) than business office (SECURITY) (BASE RENT) 2. Lessee, concurrently with the execution of this lease, has deposited with the Lessor the sum of $ -0- the receipt of which is hereby acknowledged by Lessor, which sum shall be retained by Lessor as security for the payment by Lessee of the rents herein agreed to be paid by Lessee, and for the faithful performance by Lessee of the terms and covenants of this lease. In the event of any defaults by Lessee, Lessor, at its option, may at any time apply said sum or any part thereof toward the payment of any rentals in default and toward any and all other sums payable by Lessee under this lease which are in default, and toward the performance of each and every of Lessee's covenants under this lease shall thereby be discharged only pro tanto; that Lessee shall remain liable for any amounts that such sum shall be insufficient to pay; that against Lessee before resorting Lessor so to do; that in the event this deposit shall not be utilized for any such purposes, then such deposit shall be returned by Lessor to Lessee within thirty (30) days next after the expiration of the term of this lease. Lessor shall not be required to pay Lessee any interest on said security deposit. 3. Lessee shall pay to Lessor as base rent for the demised premises the sum of Six Thousand Dollars ($ 6,000.00 ) per annum (hereinafter called base rent) payable in equal monthly installments of Five Hundred Dollars ($500.00) plus current sales La,. Total monthly rent of $ $500.00 in advance, without demand, on the first day of each and every( r ale , month thiring the term without deduction of set -offs. Total rents shall be adju.:,ted according to any changes in Lhe Florida Sales Tax. Additionally, Lessee agrees to pay a service charge of ten percent (10%) on any rental payment which is not received by Lessor by the 10th day of the month in which it is due. Lessee further agrees to pay a service charge of fifty dollars ($50.00) in the event Lessor receives a check from Lessee which, for any reason, is not cleared by the Lessee's bank the above charges shall be in addition to any and all remedies available to Lessor under the lease and Florida Law. If the term of this lease shall begin during a calendar month, then in order that the base rent (1) may be placed on a calendar month basis, the rent for such portion of the particular calendar month at the beginning of the term shall be apportioned and paid on the basis of a month of thirty (30) days. The base rent shall be paid to Lessor in legal tender of the United States of America without any demand therefore at the office of Lessor or at such other place as Lessor may from time to time designate by notice in writing. The annual base rent shall be subject to modification in accordance with provisions of Article 9 and 10 hereof and all other applicable provisions of this lease. The base rental of this lease, shall after the first full year period, increase by the increase in the Consumer Price Index as defined and calculated in accordance with the provisions of Article 9 hereof but in no event less than five percent (5%), and such calculation shall be made at the end of each successive year to determine the then applicable Consumer Price Index increase. In no event, however, shall the annual base rent increase be a sum less than five percent (5%) over the previous year's base rent for the entire term of this lease or any extensions hereof. (SERVICES TO 4. Lessor agrees as follows: BE FURNISHED BY LESSOR) (a) For the aforesaid consideration, to furnish Lessee, while occupying the premises; unheated water, at those points of supply provided for general use of its Lessees; heated and refrigerated air conditioning at such times as Lessor normally furnished these services to all other Lessees in the Building and at such temperature and in such amounts as are considered by Lessor to be standard; such service on weekends and Holidays to be optional on the part of the Lessor. Elevator service will be available at all times. Janitor service and electric service will be furnished by the Lessor to the rented premises and for all public and special service areas in the manner and to the extent deemed by Lessor to be standard. Electric current, in addition to that be required for lighting shall be provided to the rented premises for normal and customary office usage, which shall include only office machines and equipment that operate on standard building circuits but which, in no event, shall overload the electrical circuits from which the Lessee obtains current. No electric current shall be used except that furnished or approved by the Lessor, nor shall electric or other wire be brought into the premises except upon the written consent and approval of the Lessor. Any consumption of electric current in excess of that considered by Lessor to be usual, normal and customary for all Lessees of which requires special circuits or equipment, shall be paid for by the Lessee as additional rent in an amount to be determined by Lessor's estimated cost of such abnormal current consumption based on the applicable prevailing rate classification published by the local electric power company. Failure by Lessor to any extent to furnish, or any stoppage of, these defined services resulting from causes beyond the control of Lessor shall not render Lessor liable in any respect for damages to either person or property, nor work an abatement of rent, nor relieve lessee from fulfillment of any covenant or agreement hereof. Should any equipment or machinery break down or any cause cease to function properly, Lessor shall use reasonable diligence to repair the same promptly, but Lessee shall have no claims for rebate of rent or damages on account of any interruptions in service occasioned thereby or resulting therefrom. (PEACEFUL ENJOYMENT) (b) Lessee shall and may peaceably have, hold and enjoy the demised premises subject to the other terms hereof, and provided Lessee pays the rentals herein recited and performs all of his covenants and agreements herein contained. (REPAIRS AND _ 5. Lessee agrees as follows: RE-ENTRY) (a) To pay all rents and sums provided to Lessor hereunder at the times and in the manner herein provided. (b) Lessee hereby accepts the premises in the conditions they are in at the beginning of this lease and acknowledges that the premises have been received in thoroughly good order, tenantable condition and repair, and agrees to maintain said premises, as well as all interior electrical fixtures, including bulbs and tubes, interior plumbing and decorating, in the same condition, order and repair as they were at the commencement of said term, excepting only reasonable wear and tear arising from the use thereof under this agreement. Lessee will, at Lessee's own cost and expense, repair and replace any damage or injury done to the building, or any part thereof, caused by Lessee or Lessee's agents, employees, invitees or visitors. If Lessee fails to make such repairs or replacements promptly or within (15) days of occurrence, Lessor may, at its option, make such repairs or replacements, and Lessee shall repay the cost thereof to Lessor on demand. Lessee will not commit or allow any waste or damage to be committed on any portion of the demised premises and shall, at the termination of this lease, by lapse of time or otherwise, deliver up said premises to Lessor in as good condition as at date of possession of Lessee, ordinary wear and tear and damage by fire or windstorm alone excepted, and upon such termination of tease, Lessor shall have the right to re-enter and resume possession of the demised premises. (ASSIGNMENT (c) Lessee will not assign this lease, OR or allow the same to be assigned by operation of SUB -LETTING) law or otherwise, or sublet the demised premises, or any part thereof, or use or permit the same to be used for any other purpose than stated in the use clause hereof, without written permission of Lessor first had and obtained. Any such assignment or sub -letting even with the consent of the Lessor shall not relieve Lessee from liability for payment of rent or other sums herein provided or from the obligations to keep and be bound by the terms conditions, and covenants of this lease. The acceptance of rent from any other person shall not be deemed to be a waiver of any of the provisions of this lease or to be a consent to the assignment of this lease or subletting of the demised premises. (ALTERATIONS (d) Lessee will not, make or allow to be made ADDITIONS, OR any alterations or physical additions in or to the IMPROVEMENTS) demised premises without written consent of Lessor first had and obtained. Any and all such alterations, physical additions, shall be at the Lessee's cost and expense, including maintenance thereof. No improvements by Lessee shall be deemed improvements in accordance with an agreement between the parties, within the meaning of the Florida Mechanics Lien Law. All contractors, subcontractors, mechanics, laborers, materialmen, and others who perform any work, labor or Services, or furnish any materials, or otherwise participate in the improvement of the premises shall be and are hereby given notice that Tenant is not authorized to subject interest in the premises to any claim for mechanics', laborers' and materialmen's lien, and all persons dealing directly or indirectly with Lessee may not look to the premises as security for payment. Lessee shall save Lessor harmless from and against all expenses, liens, claims or damages to either property or person which may or might arise by reason of the making of any such additions, improvements, alterations and/or State which have jurisdiction over such work. Any and all such alterations, physical additions or improvements, except removable fixtures or furniture of the Lessee, shall, at the option of the Lessor, at once become the property of the Lessor and shall be surrendered to the Lessor upon termination, in any manner, of this lease. Should Lessor not exercise said option, it shall be Lessee's responsibility to bring the premises back into the condition as they were upon acceptance by Lessee at the commencement of this lease. Any cost for such work shall be borne solely by the Lessee. (LEGAL USE & VIOLATIONS OF INSURANCE COVERAGE) (LAWS AND REGULATIONS) (INDEMNITY LIABILITY) (e) Lessee will not occupy or use, or permit any portion of the demised premises to be occupied or used for any business or purpose which is unlawful in part or in whole or deemed to be disreputable in any manner, or extra hazardous, or permit anything to be done which will in any way increase the rate of insurance on said building and/or its contents, and in the event that by reason of acts of Lessee there shall be any increase in rate of the insurance on the building or its contents created by Lessee's acts or conduct of business, then Lessee hereby agrees to pay such increase. (f) Lessee will keep and maintain the demised premises in a clean and healthful condition, and comply with all laws, ordinances, orders, rules and regulations (State, Federal, Municipal, and other agencies or bodies having any jurisdiction thereof, including rules, orders and regulations of the Southeastern Underwriters Association for the prevention of fires), with reference to use, conditions or occupancy of the demised premises. (g) Lessee will indemnify and save harmless Lessor of and from any and all fines, suits, claims, demands and actions of any kind by reason of any breach, violation or non performance of any condition hereof on the part of the Lessee, its agents or employees. Lessee is, or will become, familiar with the leased premises, acknowledges that the same are received by Lessee in good state of repair, accepted by Lessee in the condition in which they are now or shall be when ready for occupancy. Lessor shall not be liable to Lessee or Lessee's agents, employees, invitees or visitors for any damage to persons or property due to condition, design or defect in the building or its mechanical systems or elsewhere in the demised premises or building which may now exist or hereafter occur, including acts of negligence of co -tenants or others. Lessee assumes all risks of damage to persons or property. The Lessee covenants to provide on or before the commencement date and keep in force during the term of this lease, a comprehensive general (nl liability insurance policy insuring the Lessor and Lessee against bodily injury, property damage and personal injury, this policy shall be in the amount of Five Hundred Thousand Dollars ($500,000.00) with respect to bodily injury and property damage, Lessee agrees to also provide an umbrella liability policy in the amount of One Million Dollars ($1,000,000.00) providing at least the same coverage as the comprehensive general -liability insurance policy, these policies shall be written by a good and solvent insurance company qualified to do business in the State of Florida and approved by Lessor and shall include the Lessor as an additional named insured. Lessee shall carry fire and other insurance insuring its interest in Lessee's improvements in premises, and its interests in its office furniture, equipment, supplies and other personal property, written by a good and solvent insurance company qualified to do business in the State of Florida, naming Lessee as the insured. Lessee hereby waives any rights of action against Lessor for loss or damage to its improvements, fixtures and personal property in premises. Lessee shall provide to Lessor proof of (the original policy or certified copy bearing notations) evidencing the payment of premiums or accompanied by other evidence satisfactory to Lessor of such payments shall be delivered by Lessee to Lessor. (RULES OF BUILDING) (h) Lessee and Lessee's agents, employees, invitees, and visitors will comply fully with all requirements of rules of the building which are attached hereto and made a part hereof as though fully set out herein. Lessor shall at all times have the right to change such rules and regulations or to amend in any reasonable manner as may be deemed advisable by Lessor for the safety, care and cleanliness of the demised premises and for preservation of good order therein, all of which changes and amendments will be sent by Lessor to Lessee in writing and shall be thereafter carried out and observed by Lessee. (ENTRY FOR (i) Lessee will permit Lessor or its REPAIRS AND officers, agents or representatives the right to INSPECTIONS) enter into and upon any and all parts of the demised premises at any time to inspect same or clean or make repairs or alterations or additions as Lessor may deem necessary or desirable, and Lessee shall not be entitled to any abatement or reduction of rent by reason thereof. (NUISANCE) Lessor may enter the premises at reasonable hours to exhibit same to prospective purchasers or tenants providing that Lessor has given Lessee reasonable notice. (j) Lessee will conduct his business and control his agents, employees, invitees and visitors in such a manner as not to create any nuisance, or interfere with, annoy or disturb any other Lessee or Lessor in its management of the building. (CONDEMNATION) 6. Lessor and Lessee mutually agree as follows: (a) In the event the whole or any part of the building other than a part not interfering with the maintenance or operation thereof shall be taken or condemned for any public or quasi -public use or purpose, the Lessor may at its option terminate this lease from the time title to or right to possession shall vest in or be taken for such public or quasi -public use or purpose, and the Lessor shall be entitled to any and all income, rent, awards or any interest therein whatsoever, which may be paid or made in connection therewith. (LOSS OR DAMAGE) (LIEN FOR RENT) (b) Lessor shall not be liable or responsible for the loss or damage to any property or person occasioned by the theft, fire, water, act of God, public enemy, injunction, riot, strike, insurrection, war, court order, requisition or order of governmental body or authority, or other matter beyond the control of Lessor, or for any damage or inconvenience which may arise through repair or alteration of any part of the building, its equipment or mechanical systems, or failure to make such repairs, or from any cause whatever, unless caused solely by Lessor's gross negligence. (c) In consideration of the mutual benefits arising under this contract, Lessee does hereby pledge and assign unto Lessor all property of Lessee now or hereafter placed in or upon the demised premises (except such part of any property or merchandise as may be exchanged, replaced or sold from time to time in the ordinary course of operation or trade), and such property is hereby subjected to a lien in favor of Lessor for payment of all rents and other sums agreed to be paid by Lessee herein. Said liens shall be in addition to and cumulative of the Lessor's liens provided by law. (d) If the Lessee shall abandon or vacate said premises before the end of the term of this lease, or shall suffer the rent to be in arrears, the Lessor may, at its option, forthwith cancel this lease or it may enter said premises as the agent of the Lessee, by force or otherwise, without being liable in any way therefore, and re -let all or any part of the premises with or without any furniture that may be therein, as agent for Lessee, at such price and upon such terms and for such duration of time as the Lessor may determine, and receive the rent therefore applying the same to the payment of the rent due by these presents, and if the full rental herein provided shall not be realized by Lessor over and above expenses to Lessor in such re -letting, including but not limited to the cost of renovating, altering and decorating for a new occupant, the said Lessee shall pay any deficiency and if more than the full rental is realized, Lessor will pay over to said Lessee the excess on demand; or Lessor may sue the Lessee as each installment of rent matures or for the whole rent when it become due. (HOLDING (e) In case of holding over by Lessee OVER) after expiration or termination of this lease, Lessee will pay as liquidated damages double rent for the entire hold over period. No holding over by Lessee after the term of this lease, either with or without the consent and acquiescence of Lessor shall operate to extend the lease for a longer period than one month; and any holding over with the consent of Lessor in writing shall thereafter constitute this lease a lease from month to month. (f) Lessee shall, in case of fire, give immediate notice thereof to Lessor. In the event of damage by fire or other causes resulting from fault or negligence of Lessee or Lessee's agents, employees, invitees or visitors, the same shall be repaired by, and at the expense of, Lessee under the direction and supervision of Lessor. If the demised premises, without fault or neglect of Lessee, his agents, employees, invitees or visitors, shall be partially destroyed by fire or other casualty so as to render the premises untenantable, the rental herein recited shall dease thereafter until such time as the demised premises are made tenantable by Lessor. In case of the total destruction of the demised premises without fault or neglect of the Lessee, his agents, employees, invitees or visitors, or if from such cause the same shall be so damaged that Lessor shall be paid by Lessee, and thence forth, this lease shall cease and come to an end. (ATTORNEY (g) In case Lessee makes default in the FEES) performance of any of the terms, covenants, agreements or conditions contained in this lease, and Lessor places the enforcement of this, or any part thereof, or the collection of any rent due, or to become due hereunder, or recovery of the possession of the demised premises in the hands of an attorney, or files suit upon the same, Lessee agrees to pay Lessor reasonable attorney fees and court costs, and payment of the same shall be secured in the like manner as is herein provided, as to security for rent. (AMENDMENT (h) This agreement may not be altered, OF LEASE) changed or amended, except by an instrument in writing, signed by both parties hereto. (TRANSFER OF (i) Lessor shall have the right to LESSOR'S transfer and assign, in whole or in part, all and RIGHTS) every feature of its rights and obligations hereunder and in building and property referred to herein. Such transfers for assignments may be made either to a corporation, trust company, individual or group of individuals, and howsoever made, are to be in all things respected and recognized by Lessee. (DEFAULT BY LESSEE) Lessee agrees to execute an instrument or instrument which the Lessor may deem necessary or desirable to effect such transfer, and in the event the Lessee shall refuse after reasonable notice to execute such instrument or instruments the Lessor may, in addition to any right or remedy accruing hereunder, terminate this lease without incurring any liability whatsoever, and the estate hereby granted is expressly limited accordingly. (j) Default on the part of Lessee in paying said rent or any installment thereof, as hereinabove provided, or default on Lessee's part in keeping or performing any other term, covenant or condition of this lease, shall authorize Lessor at its option at any time after such default and after three (3) days written notice thereof to Lessee, to declare this lease terminated, and upon the occurrence of any one or more of such defaults, Lessor immediately, or at any time thereafter may re-enter said premises and remove all persons therefrom, with or without legal rights, and all claims for damages by reason of such re-entry are expressly waived, as also are all claims for damages by reason of any distress warrants or proceedings by way of sequestration which Lessor may employ to recover said rents, or possession of said premises, provided that Lessor shall not have the right to declare this lease terminated if within ten (10) days after notice of any default Lessee diligently commences or fully cures all defaults. (k) If for any reason the demised premises shall not be ready for occupancy by Lessee at the time of commencement of this lease, this lease shall not be affected thereby, nor shall Lessee have any claim against Lessor by -_reason thereof, but no rent shall be payable for the period during which the premises shall not be ready for occupancy; and all claims for damages arising out of such delay are waived and released by Lessee. (1) If voluntary bankruptcy proceedings be instituted by Lessee, or if proceedings be instituted by anyone else to adiudge Lessee a bankrupt, or if Lessee makes an assignment for the benefit of his creditors, or if execution be issued against him, or if the interest of Lessee in this contract pass by operation of law to any person other than Lessee, this lease may, at the option of Lessor, be terminated by notice addressed to lessee, and mailed to Lessee at the address last given to Lessor in writing in the Post Office at Miami, Florida. (m) This lease shall, also, insure to the benefit of the successors and assigns of Lessor, and with the written consent of Lessor first had and obtained, but not otherwise, to the benefit of the heirs, executors and/or administrators, successors and assigns of Lessee. (n) When this contract is executed by more than one person, it shall be construed as though Lessee were written "Lessees" and the words in their number were changed to correspond; and pronouns of the masculine gender, whenever used herein, shall include persons of the female sex, and corporations and associations of every kind and character. (SUBORDINATION (o) This lease is hereby made expressly CLAUSE) subordinate at all times to any and all mortgages, deeds of trust, ground or underlying leases affecting the demised premises which have been executed and delivered, or which may at any time hereafter be executed and delivered, and any and all extensions and renewals thereof and substitutions therefore, and to any and all advances made or to be made under or upon said mortgages, deeds of trust, ground or underlying leases. Lessee agrees to execute any instrument or instruments which the Lessor may deem necessary or desirable to effect the subordination of this lease to any or all such mortgages, deeds of trust, ground or underlying leases, and in the event the Lessee shall refuse after reasonable notice to execute such instrument or instruments, the Lessor may, in addition to any right or remedy accruing hereunder, terminate this lease without incurring any liability whatever, and the estate hereby granted is expressly limited accordingly. (TIME IS OF (p) It is understood and agreed THE ESSENCE) between the parties hereto that time is of the essence of this contract, and this applies to all terms and conditions contained herein. (RENEWALS) 7. If the Lessee shall desire to retain the premises beyond the expiration of this lease, then, and in such event, the Lessee shall give notice in writing three (3) months before the expiration of this lease to the Lessor by delivering to the Lessor a written request for such extension of lease. And in the event the Lessor consents thereto, such consent shall be manifested be a written document only, executed be the Lessor's authorized agent, or else by a written entry made by the Lessor's authorized agent at the foot hereof, and if the extension is effected, then the contract of lease so extended shall be in all respects the same as this original document or entry. Nothing herein contained, however, shall be construed as requiring Lessor to execute or grant renewal or extension of this lease to the Lessee beyond the present term thereof. (ESCALATION 8. Lessee agrees to pay its share OF OPERATING ( 2.06 %) of any operating expenses increase ESPENSES) which may occur over and above the 19 93 calendar year (base year) operating expenses based on the square footage of the demised premises in proportion to the total rentable square footage of the entire building ( 24,000 sq.ft.). Lessee's share of such operating expense shall be deemed additional rent over and above the base rent set out in Paragraph 3 of this agreement. For the purpose of determining any adjustment in the rent hereunder, the term Operating Expenses are defined as to include all expenses deemed necessary by the Lessor for the efficient and proper operation of the entire building and shall include, but not be limited to, all taxes of any kind (excluding Federal income taxes, interest and penalties) applicable to the operation of the entire building, insurance, including liability and comprehensive coverage of the subject property, utility charges, including water, power, heating, lighting, ventilation, sanitary assessment and air conditioning, as well as management, janitorial, all maintenance and repairs, payroll, payroll taxes, labor, supplies and services. As soon as practical, after December 31st of each year during the term of this lease, the Lessor shall furnish to the Lessee on or before March 31st a statement of such operating expenses for the previous year. Lessee may have access to Lessor's records in order to audit or otherwise verify such expenses. Each subsequent annual statement shall show comparative operating expenses between the current period and the base year period. The Lessee's share of the net increase (if any) over the above base year expenses shall be added to the annual base rent amount and shall be due and payable as additional rent within (20) days of the receipt of the statement of operating expenses. If less than a full year of tenancy by the Lessee has occurred, the Lessee shall be obligated to pay a pro rata portion of the increase in operating expenses based upon the number of months or portions thereof of tenancy. (CONSUMER 9. The monthly rent for each 12 -month period PRICE subsequent to the first complete 12 -month period ADJUSTMENT) occurring during the term of this lease or any renewal thereof shall be computed by multiplying the Base Rent as set forth in Paragraph Three (3) by a fraction of which the numerator shall be the Revised Consumer Price Index for all Urban Wage Earners and Clerical Workers (U.S. City Average - all items 1967=100, Base as promulgated by the U.S. Bureau of Labor Statistics o1 Llie United States Department of Labor, for the third month prior to the respective anniversary date, and of which the denominator shall be said Consumer Price Index for the third month prior to the commencement date of this lease. (Should this specific Consumer Price Index become unavailable, a reasonable substitute, as prepared by the United States Department of Labor or any successor agency charged with maintenance of such respective anniversary date, if such rent adjustment occurs.) The Lessee agrees to pay the adjusted monthly rent in writing prior to the respective anniversary date, if such rent adjustment occurs. The Lessee agrees to pay the adjusted monthly rent, together with any applicable taxes as set forth in Paragraph three (3) , on the first day of each and every month for the following 12 -month period or for those months remaining in said period after notification by Lessor. If at the commencement of any adjustment period the C.P.I. has not been published for the "adjustment month," Lessee will continue to pay the immediately preceding monthly rent. The requisition adjustment shall be made within Ten (10) days after publication of the C.P.I. for the adjustment month. 10. RADON GAS "RADON GAS is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed Federal and State guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit." IN WITNESS WHEREOF, the parties hereto have executed this lease on the date aforesaid. WITNESSES: -6,Ata WITNESSES: • ADDENDUM TO LEASE Paul R Key Ex LESSOI , Trustee uildin BY: �• n E. Bozzuto, Managing Agent Village o LESSEI 'SSE1; Y: Rafael Conte, Mayor Key Biscayne Lessor and Lessee recognize that this month -to -month lease may be terminated by either party by providing notice, in writing, to the other party at least thirty (30) days in advance of proposed term- ination date. Lessee has advised Lessor that Lessee is exempt from paying Sales and Use Tax and will provide Lessor with adequate exemption cert- ification. (10) 8. No additional locks shall be placed upon any doors of the premises and the Lessee shall not permit any duplicate keys to be made, but if more than two keys for any door or lock shall be desired, the additional number must be obtained from the Lessor and be paid for by the Lessee; each Lessee must, upon the termination of this lease, leave the windows and doors in the demised premises in like conditions as of the date of said lease, and must surrender all keys to the office. Lessor may permit entrance to Lessee's office by use of pass keys controlled by Lessor or employees, contractors or service personnel, supervised or employed by Lessor. 9. None of the entries, passages, doors, elevators, elevator doors, hallways, or stairways shall be blocked or obstructed, or any rubbish, litter, trash, or material of any nature placed, emptied or thrown into these areas, or such areas be used at any time except for access and egress by Lessee, Lessee's agents, employees or invitees. Nothing shall be placed on the outside of the building, or the windows, window -sills or projections. 10. Lessor shall have the right to determine and prescribe the weight and proper position of any unusually heavy equipment including safes, large files, etc., that are to be placed in the building, and only those which in the opinion of Lessor might without reasonable probability do damage to the floors, structure and/or elevators may be moved into said buildiny. Any damage occasioned in connection with the moving or installing of such aforementioned articles in said building or the existence of same in said building shall be paid for by Lessee. 11. No portion of Lessee's area or any other part of the building shall at any time be used or occupied as sleeping or lodging quarters. 12. Without prior written consent of or permit the sale, at retail, periodicals or theatre tickets, in shall any Lessee carry on or permit other person to carry on the business of stenography, typewriting or any similar business in or from its premises for the service of accommodation of the occupants of any other portion of said building, or the business of a public barber shop or manicuring or chiropodist business, or any other business other than that specifically provided for in the Lessee'; ease. Lessor no Lessee shall sell of newspapers, magazines, or from its premises; nor or allow any employee or 13. The sashes, sash -doors, windows, glass doors and any lights or skylights that reflect or admit light into halls or other places of said building, shall not be coveted or obstructed, nor shall anything be placed upon or hung from the window sills. the water and wash closets and urinals shall not be used for any other purpose that the purposes for which they were respectively constructed, and the expense of any breakage, stoppage or damage resulting from a violation of this rule shall be borne by the Lessee whose clerks, agents, servants or licensees shall have caused it. No Lessee shall mark, paint, drill into or in any way deface the walls, ceilings, partitions, floors, wood, stone or iron work, or make or permit any improper noises in the building. 14. Only persons authorized by the Lessor will be permitted to furnish ice, drinking water, towels and other similar services to Lessee, and only at hours and under regulations fixed by the Lessor. No Lessee shall employ any person or persons, other than the janitor of the Lessor for the purpose of cleaning, or taking charge of said premises, it being understood and agreed that the Lessor shall be in no wise responsible to any Lessee for any damage done to the furniture or other effect of any Lessee by the janitor or any of his employees, or any other person, or for any loss of property of any kind whatever from leased premises, however occurring. Lessee will see each day that the windows are closed and the doors securely locked before leaving the building. 15. No window shades will be placed on any of the windows excepting the shades approved by the Lessor. No awnings will be allowed on any of the windows. 16. The Lessor shall have the right to prohibit any advertising _ by any Lessee, which, in its opinion, tends to impair_ the reputation of the building or its desirability as a building for offices or for financial, insurance and other institutions and business of like nature; and upon written notice from the Lessor, Lessee shall refrain from or discontinue such advertising. 17. Normal operating hours of the building are 8:00 AM to 6:00 PM. The building will be secured on evenings, weekends and holidays. The stairs may never be used when building is secure, except on emergencies. Access to building is available twenty four hours a day, seven days a week for tenants, providing they have obtained proper security cards. The Lessor shall in no case be liable in damages for the admission or exclusion of any person from said building. In case of invasion, mob riot, public excitement or other commotion, the Lessor reserves the right to prevent access to the building the continuance of the same by closing the doors or otherwise for the safety of the tenants and protection of property in said building. 18. Due to the ventilation system of this building, cigar and pipe smoking are prohibited. R&R KEY EXECUTIVE BUILDING KEY EXECUTIVE BUILDING SECURITY Dear Tenant: We are pleased that you have decided to locate your business offices in the Key Executive Building and we sincerely hope your stay will be a successful and mutually profitable one. The following information outlines the security system of the building and we suggest that you keep this letter on file with your lease so that as you add or replace employees you will be able to use this letter as a reference regarding the building's procedures. The building is monitored for security by the Sonitrol Company. When we are not available for security problems and emergencies, call 635-0407. Our security system is an electronic system that automatically engages at 6pm every evening and disengages at 8am each morning, except Saturdays, Sundays and certain holidays, when it is active the full 24 hours. The elevators are locked from access on the first and second garage levels. You are able to enter the building with a security card which will be individually registered to you. There is a $25.00 deposit for each security card issued to you or your employees. If a security card is lost, please notify our office IMMEDIATELY so that we can have our security service deactivate that card from the system. The stairwell doors are automatically alarmed whenever the building is secured. We post notices whenever a holiday closing is scheduled. Do not use the stairs to exit the building during these hours or you will trigger the emergency alarm and the security service. The security service is instructed to dispatch the police in the event our security is breached. If you accidentally cause the alarm to sound, return to your office and call Security, identify yourself and advise them not to dispatch the police. Once the door is reclosed, the security system will reset itself and the alarm will eventually stop ringing. 104 Crandon Boulevard, Suite 300, Key Biscayne, Florida 33149 (305) 363-0467 FAX (305) 365-0468