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. , <br /> L� 1 i <br /> � y� s <br /> 1 <br /> i . � <br /> LEASE AGREEMENT <br /> � <br /> THIS �EASE AGREEMENT ("Lease Agreement") made and entered into this ��`�day of , <br /> February 2018 by and between lshree Corp ("Lessor") and Gulf Caast lce, LLC, a Florida <br /> � <br /> limited liability company ("Lessee"). The Lessor, for and in consideration of the mutual ; <br /> covenants and rents agreed to be paid herein, hereby leases approximately 240 square ' <br /> feet of space within the parking !ot of the property located at 38509 County Roac! 54, � <br /> Zephyrhills, FL 33542 as more particularly illustrated in Exhibit"A" (the "Premises")for the <br /> placemen#af an Ice Hause, as depicted 'm Exhibit"B" (the"Leasehald Improvement"}. <br /> 'L.� .Term: The leas� �shall= cammence five (5) days priar to the placement of the ' <br /> Leasehoid lmprovement on the subject property("Lease Commencement"), and shall � <br /> cantinue on for a period of three {3} years fram the date of Lease Commencement. <br /> The Lessee shall have the aption to extend the term of the lease under this Lease <br /> Agreement for periods of one (1) year, ,up-to and:ir�cluding 3 total extensions, upon • <br /> I�essee providing written natice to �essor thirty {30) days prior the errd of the then <br /> . existing term. , r � . . <br /> 2. Rent: Ren#shall t�e paid manthly, in an;�mo,unt�q�taFto$600.00{the"Rent"}� Payable . , , ' ;" , <br /> ,<, . . <br /> in advance, due upon the 1S' day of each calendar month to Lessor or hislher � <br /> authorized agent(which name shall be provided in writing to Lessee) at the following <br /> � <br /> address: 38509 Countv Road 54, Zephvrhi!!s, FL 33542, ar at such other places as � <br /> may be designated in writing b�t Lessor from time to time. Said rent shaE! be inclusive ' <br /> af all taxes levied by any taxing authority. The first month's Renfi shall be prarated for <br /> the manth based upon the date of Lease Commencement. � <br /> In the event Lessor extends the term of the lease under this Lease Agreement, as <br /> described in Section 1 above, the Renf shall not be increased by more than a <br /> percentage equal to the percentage increase in the Cansumer Price Index for Ali ; <br /> Urban Consumers (CPI-U) as promulgated by the Bureau of Labor Statistics of the ; <br /> United States Department of Labar, using the Rent for the year 2018 as a base of , <br /> 100. If there is no percentage increase in, or a decline in, the Consumer Price Index � <br /> far that period, the Rent will remain the same as the basic renta! for the preceding <br /> year. In the event that the Consumer Price Index ceases to be maintained by the <br />