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equipment is installed and used to send and receive radio signals to and from <br />mobile radios and telephones and to connect those signals to telephone facilities <br />either directly, by means of cables, or indirectly, by means of microwave <br />transmitting facilities (including microwave antennas) located at the Base Station. <br />The term of this Lease Agreement is from September 15, 2020 <br />("Commencement Date") to and including September 14, 2030 (the "Term") <br />Lessee has the right to extend the Term for one (1) five (5) Lease Year (a period <br />of twelve consecutive months) period (the "Extended Term") <br />Lessee shall pay to Lessor as rent ("Rent") the sum of Thirty Thousand <br />Ninety -Six and No/100 Dollars ($30,096.00) per Lease Year payable in monthly <br />installments, subject to a three percent (3%) per Lease Year increase on each <br />anniversary of the Commencement Date, which, for the convenience of the <br />parties shall be as follows: <br />Term <br />Annual Rent <br />Monthly Rent <br />Lease Year 1 <br />$ <br />30,096.00 <br />$ <br />2,508.00 <br />Lease Year 2 <br />$ <br />30,998.88 <br />$ <br />2,583.24 <br />Lease Year 3 <br />$ <br />31,928.85 <br />$ <br />2,660.74 <br />Lease Year 4 <br />$ <br />32,886.71 <br />$ <br />2,740.56 <br />Lease Year 5 <br />$ <br />33,873.31 <br />$ <br />2,822.78 <br />Lease Year 6 <br />$ <br />34,889.51 <br />$ <br />2,907.46 <br />Lease Year 7 <br />$ <br />35,936.20 <br />$ <br />2,994.68 <br />Lease Year 8 <br />$ <br />37,014.28 <br />$ <br />3,084.52 <br />Lease Year 9 <br />$ <br />38,124.71 <br />$ <br />3,177.06 <br />Lease Year 10 <br />$ <br />39,268.45 <br />$ <br />3,272.37 <br />Rent payable during the Extended Term shall be in the amount of Forty <br />Thousand Four Hundred Forty -Six and 51/100 Dollars ($40,446.51) per Lease <br />Year payable in monthly installments, subject to a three percent (3%) per Lease <br />Port <br />2 <br />Cingular 04/14/21 CSK <br />03/10/21 FXS P-283 <br />