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SUBLEASE AGREEMENT <br />THIS SUB LEASE AGREEMENT, dated this day of November, 2012, <br />(this "Lease") by and between Independent Auto Service Inc. 6745 Highway 10 NW, <br />Ramsey, MN 55303 and First Choice Towing Inc. 16450 Nowthen Blvd. Ramsey MN <br />55303. <br />PROPERTY. The leased property located at 6745 Hwy 10 Nw. Ramsey MN, consists <br />of 240 s.f. of front office, 2 indoor parking spaces in first repair bay, and 10 outside <br />parking spaces in secured fenced area between storage building. ( see attached fig. B) <br />1. TERM: <br />A. Lease Term. Lease term is to be for a period of 32 months commencing on the <br />first day of December 2012, or 10 days after City of Ramsey Approval of sub <br />lease. <br />B. Option to Renew First Choice Towing shall notify Independent Auto Service at <br />least 60 days before the expiration date of lease as to intent to renew lease for a <br />period of 24 months. Monthly rent to be equal to previous 24 month rent. <br />C. Independent Autos Option to Quit. First Choice Towing shall be notified in <br />writing 60 days prior to Landlords option to terminate lease agreement. <br />2. Base Rent. <br />First Choice towing shall pay Independent Auto Service a total rent payment on <br />the first day of each month in equal monthly installments according to set schedule as <br />follows. Dec.2012 $300.00/month, Jan. 2013- July 2014 500.00 per month. <br />3. Terms and Restricitions. First choice Towing shall operate under terms set forth <br />by The City of Ramsey real property "landlord" as described in lease agreement <br />between Independent Auto Service Inc and The city. <br />INDEPENDENT AUTO Date: <br />FIRST CHOICE TOWING Date: <br />