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maturing under the normal amortization procedure after the termination thereof. If Lessee should fail to pay the taxes or assessments as herein provided to be paid by Lessee, Lessor may make such payments for the account of Lessee, in which event the Lessor shall be subrogated to all the rights of the holder of any lien securing such taxes or assessments. Lessor shall make all assessments which are required by the taxing authorities to be made in his name, on behalf of and at a valuation approved by Lessee. Lessor further agrees that Lessee, in the name of Lessor, but at Les- see's sole expense, may protest any such assessment before any taxing authority or board or maintain any necessary legal action in reference to said assessments or for the recovery of any taxes paid thereon. Lessee agrees to reimburse Les- sor promptly for all taxes paid by.Lessor for account of Lessee, provided, how- ever, that Lessee shall not be required to pay any interest, penalty or costs accruing by .reason of Lessor's failure to pay said taxes when due. C.. - It -is. understood that the term t..ways bounding the said premises,'' in Paragraph �. -herein, will not permit the Lessee to construct /an entrance or oxit.over or across the south lipe of.the demised premises. or use D. It is agreed. ,that Lessor will retain title to the' present-improve- ments located on the premises, and Lessor will remove suc:ft improvements within 30.days..after execution of this lease by Lessee, at h;Ls own expense, and without expense to Lessee. E.. Option to Purchase. If the.Lessor or the Lessor's successors or assigns at any time during the term of this lease or any renewal or extension thereof receives a bona fide offer to purchase said premises and any improvements included in this lease and desires to sell said premises under the terms of said offer, Lessor agrees to give Lessee ninety (90) days' notice in writing of such bona fide offer, setting forth the name and ad- dress of the proposed purchaser, the purchase price, and the terms of payment thereof. Lessee shall have the first option to purchase the demised premises within the above- mentioned ninety- day period at the same price and on the same terms of any such proposal. In the event that the Lessee does not exercise its option to purchase tiie demised premises within the aforesaid period, this lease and all of its terms and conditions shall nevertheless remain in full force and effect; and the Lessor or any assigns of the demised premises shall be bound thereby. In the event that said premises are for any reason not sold pursuant to the bona fide offer set forth in the notice, the Lessee shall have, upon the same conditions of notification, the continuing first option to purchase the said premises upon the terms of any subsequent bona fide offer or offers to purchase. Upon receipt of Lessee's notice of election to exer- cise the option granted herein, Lessor shall immediately deliver. to Lessee, at Lessor's expense, a complete abstract of title or other evidence of title satisfactory to Lessee, upon receipt of which the Lessee shall have a reasonable time in which to exam- ine title and upon completion of such examination, if title is found satisfactory, shall tender the purchase price to Lessor; and Lessor shall thereupon deliver to Lessee a good and suffi- cient warranty deed conveying the premises to Lessee free and clear of all encumbrances (including, without limiting the fore- going, the rights of dower and /or curtesy). Rentals shall abate and taxes shall be prorated between Lessor and Lessee as of the date of delivery of the aforesaid deed. Lessee's notice of election to purchase pursuant to the option granted in this clause shall be sufficient if depos- ited in the mail addressed to Lessor or by telegraph at or be- fore midnight of the day on which option period expires. ��-1 1