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<br />~ <br /> <br />LEASE AGREEMENT <br /> <br />111111I111111111I111111111I11I111111I11I11111I1111 <br />9807&4(,5 <br /> <br />ZEPIIYRJIILLS MUNICIPAL AIIU>ORT & PEARSON INDUSTRIES, INC. <br />nJJS LEASE AGREEil1ENTmade and entered into on this q't.f-- day of ~Jk ~A (tL <br /> <br />AD, /qq~ By and between the ZEPHYRHlLLS MUNICIPAL AIRPORT AUTHORITY <br /> <br />dependent authority of the CITY OF ZEPHYRHlLLS, FLORIDA, a municipal corporation, <br /> <br />hereinafter referred to as "LESSOR" and PEARSON INDUSTRIES, INC., hereinafter referred to <br /> <br />as "LESSEE", each in consideration ofthe covenants and agreements performed by the other, <br /> <br />Rcpt: 2491bl Rec: 73.50 <br />agree as follows: DS: 0" 00 IT: 0.00 <br />0&/25/98 Dpty Clerk <br /> <br />1. PROPERTY JED PITTMAN, PASCO COUNTY CLERK <br />0&/25/9804:1Bp. 1 of 1& <br />OR 81< 3958 PS 1732 <br />That in consideration of the rental hereinafter dermed, the LESSOR does hereby demise, let lease <br /> <br />unto LESSEE the real property described as; <br />legal DescrIption - Tract BtA <br /> <br />^ Portion of Tract 37, 810ck 8 of Zeph)""hills Municipal Airport <br />Industrial Pork, 0 replot of that portion of Tracts 037. 038, 039, <br />42, "3. 53, 54, 55. 58, 59, 60, 69. 70, 71, 75, 76. 85, 86, 91. <br />92, & 101, being in Section lB, Township 26 South, Range 22 Eost, <br />of "Zeph)t1i11s Colony Company Londs- recorded in Plot 800k I, <br />POg8 55 Inclusive, Public Records of Pasco County. Florida, being <br />more particularly described os follows: <br /> <br />COMMENCE at the Northeast corner of the Northwest 1/4 Section <br />lB, Township 26 South. Range 22 East. Pasco County. Florida. thence <br />run SOO1JJ'55-W, 0 distonce of 1325.61 feet: thence run N09'42'S9"W. <br />a dislonce of 105.20 feel lo 0 point on lhe North righl-of-woy line <br />of Free Fall Avenue: lhence run SOO1J.:r55"W. 0 d:slance of 60.00 <br />feet to 0 point on the South right-of-way of tree tall Avenue and the <br />West right-of-way of Chancey Rood and the POINT Of" BEGINNING: thence <br />contlnU8 SOO1JJ'55-W along sold West right-ol-way of Chancey Rood. <br />a distance of 1-41.103 feet to 0 point on 0 curve to the left, said curve <br />having 0 central angle of 02'51'56-. radius of 2606."B feet. chord <br />bearing and distance of S01"21.59"[ - 130.34 feel: thence run along <br />the arc of said curve, 0 distance of 130.36 feel: lhence leaving said <br />West right-of-way of Chancey Rood, run NB9"42'27-W, 0 distance or <br />201.00 feet: thence run NOOU4'17-E. 0 distance of 271.031 feet 10 the <br />South right-of-way of Free Fall Avenue: the run SB9'42'59-E. along <br />said South ri9ht-of-way o( tree Fall Avenue. 0 dislance of 277.72 reet <br />to the POINT Ot BEGINNING. <br /> <br />c ..:~ <br />~ .. <br />~:"~~1. <br />).' ") <br /> <br />Contains 1.73 Acres:t <br /> <br />Record and Return to: <br />City Clerk's Office <br />5335 8th Street <br />ZephyrhiUs, FL 33540 <br /> <br />1 <br />