Lease Agreement between Government of Belize and Belize Water Ltd. for San Pedro Parcel 1870/1

Summary

This agreement certifies that Belize Water Ltd. holds an 18-year lease from the Government of Belize for a 1.186-acre parcel of land in San Pedro, Belize, at an annual rent of $1.00. The lease is subject to certain conditions, including a restriction on transferring the land, lease, or any charge without the written consent of the Government of Belize. The lease is also governed by the Registered Land Ordinance, 1977, and any overriding interests specified therein.

EX-10.53 12 g75127ex10-53.txt LEASE Exhibit 10.53 BELIZE THE REGISTERED LAND ORDINANCE, 1977 CERTIFICATE OF LEASE Chapter 157, Laws of Belize REGISTERED SECTION BLOCK PARCEL SAN PEDRO 7 1870/1 - ------------------ ----- ------ Area: 1.186 Acres LESSOR Government of Belize RENT $1.00 p.a. TERM 18 years 27/4/93 THIS IS TO CERTIFY THAT BELIZE WATER LTD. of #37 Regent Street, Belize City, Belize District Is now registered as the proprietor of the leasehold interest above referred to, subject to the agreements and other matters contained in the registered lease, to the entries in the register relating to the lease and to such of the overriding interests set forth in section 31 of the Registered Land Ord. 1977 as may for the time being subsist and affect the land comprised in the lease. At the date thereof the following entries appear in the register relating to the lease: PART A- PROPERTY SECTION (EASEMENTS, ETC.) PART B- PROPRIETORSHIP SECTION (INHIBITIONS, CAUTIONS AND RESTRICTIONS) Not to transfer the land, lease or charge without written consent of Lessor. Hereinafter subject to the lease conditions attached. PART C- INCUMBRANCES SECTION (LEASES, CHARGES,ETC.) GIVEN UNDER MY HAND AND THE SEAL OF THE LAND REGISTRY THIS 18th DAY OF July, 2001 /s/ M. Petzold --------------------------------------- REGISTRAR OF LANDS