Agmt06 Nextel of CA - Lease of Emerald Lake Hills Water Tank Property

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transmitting and receiving equipment and back up power batteries, and to install the other improvements described in Paragraph 5.05 below. Lessor and Lessee hereby agree that the Leased Premises including any Access Areas (defined below) may be surveyed by a licensed surveyor at the sole cost of Lessee, and such survey shall then supplement Exhibit B, and become a part hereof and shall control to describe the Leased Premises and Access Areas in the event of any discrepancy between such survey and the description of the boundary of the Leased Premises contained herein. 2. TERM. The terms of this Lease (the "Term") shall be ten (10) years commencing on W6 (the "Commencement Date") and terminating on the tenth anniversary of the Commencement Date, unless earlier terminated as provided in this Lease. 3. RENTAL. Lessee shall pay to the Lessor as rent during the Term for the Leased Premises in advance on the Commencement Date and on each yearly anniversary date thereof without deduction, offset, prior notice or demand, in lawful money of the United States, the sum o£ Lease Years 1 through 5: $ P U per Lease Year; Lease Year 6: 4, W 0, oto ; ($4,000 more than the previous Lease Year); Lease Years 7 through 10: CPI Adjustment, as set forth below. Commencing with Lease Year 7 and continuing every Lease Year thereafter, the Rental shall be subject to an adjustment at the commencement of each Lease Year (the "Adjustment Date") as follows: The basis for computing the adjustment is the Consumer Price Index published by the U.S. Department of Labor, specifically the revised Consumer Price Index U.S. Department of labor, U.S. City Average for all Urban LeaseAgreement-CommunicationsSite-02/02/06 SITE #599A 2