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Page 10. <br /> ARTICLE XIII, <br /> EXTENSION OPTION: /10. <br /> the considerations herein named, Lessor gives and granti <br /> to Lessee the exclusive option and privilege of extending the term <br /> of this lease for FIVE ( 5) YEARS, beginning at the expiration of the <br /> oAginal term hereof the rental for that portion of the term covered <br /> by this option to be at the rate of ONE HUNDRED FIFTY Al D NO/100 <br /> ( 0.50.00) c)OLLARS PER MONTH. Lessee shall ;ive written nobles to <br /> Lessor of its election to exercise this Ir,xtension Option not less <br /> than sixty (60) days before the expiration of the ori:inal term of <br /> this lease. Upon the giving of such notice this lease shall be <br /> extended and shall continue in full force and effect upon the terms <br /> and conditions set forth in this paragraph for said further period <br /> of years and the execution by the parties of a new lease or an <br /> instrument of any kind extending the term hereof in accordance with the <br /> notice shall not be required. <br />