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- Q1,AA ". - <br />This A�eemerit,, Made and entered into tuis <br />day of 'Nroven 1 W �ber � I -Y ,j arid 6atv,c,,n e.illiam 1.4 ihrs am <br />54P <br />am -6 L) <br />and karJ_an "iirz f the GO-41-ity oi* L-all alld otutk) 01: 1.0 <br />parties or tie first part; and Hots iopuloso PurtY UZ L­ a <br />second part; <br />WIMiLS61_TH, That the saki Partl ';z ;)f "I ie .'irst P1 " u 11, A <br />this day leased unto the party of t11e second part the 201lov;1n,, <br />cribed premises, to-wit: <br />Northerly r _Ifty-rive of Lot ,'ivo <br />in block Fifteen (15) in H. :. Clarkla Addition <br />to the City of uraad Islands 16,obr.-iaki, <br />'Xo�etaer with all buildlaLfa an" (XI Liu i_iatl':: BLit <br />tarm of five (5) years from Llie 1st day of J.unuary,, ilk; <br /># 1966. for tLe a=, of <br />lip U,Vv) with Qna-hua,1r%-,d j'..lirty-,AvO )ollart; p -4.y, <br />upon execution of tills 101SO .XU be�lni.,in, witii a <br />like amount per month, payabI6 oil t1lc: first U'ay of �ach :until, In <br />auvance# at the oi'flae of ;5UO" ­aw-'t (iti-i Z)tVu,-,_;tP <br />aaly <br />un,paid or if U,;Xexult bo "ado In aiy of U.., <br />it shall t1len ue lawful Cur any vi' L'LQ saiu of j,ivst LJ-A?i; <br />to re-enter the aail,l L; <br />to vacate Said )ral.Llses W.Ltilout 11,:;U`i(;t;* <br />201T 10 i%JAhi. _, aecorid ;.)arty vill _)a. <br />as rant any amowt of real estate t" izricruasfj on Sal:,t <br />the 19�4 ttx dur-'n_ tLe tuvta ullan ciuo. <br />3. 1T IS FUji.-T!JiLa AJRLLDg, Zaat first party will <br />for the repair and upkeep of ti.L� extorlor an rQui, <br />shall keep the exterior of the buildin,, propearly pain tuc., l u sy.Lall <br />paint such exterior not less than once avary four years. <br />4- IT IS FUAZ6,.z1 -hat z�cu�id ;:arty 11,us th_- option <br />to renew this lease on the same rent, terris, conditions o,.-,tions <br />for an additional five Soars from the expiration --,-,y of UL_16 1--ase by <br />L.:Lvinz written notice thereof at least six (6) months prior to Jnu .i­.", <br />it iggo. <br />7. -o.trty h­s ti-ie opt-on <br />IT 1"d FU'A'k A �A <br />to purchase the above dazcrlbud prun:_,.;,es for L-;.� su,_ Of <br />sand Two- hundred and Afty Dollu-s at any ic.!-,,,v Jurin 1" A-1 <br />term of this lease or ruaewal option,, prov_iued 'h,_1 or iUs aut.'iori . d <br />assibmeo is In possession and has paid rant 41 iu _abs r vo . " cov- <br />nants <br />-U�) <br />rClsL, y ,d b wrlutun tice <br />p to time, option to L)Urcli-isu is Ulz i;; <br />tiiaraof to Tirst party and first party <br />title; that if tho option ULQ tLwc_aso Is t-i".at juccald <br />may purchase on the installil"lont bUsis wit 41-i :lot iaore than - __L_---ty <br />per cant down the first yoa-r and 1"4c balaalcu payaila tnu follov.-Ln_ Y" �r <br />or as mutually weed by t4e part-ida wlt1i Int-ur,;at oi-. Lzio unj)--id lbalal-ce <br />at six (6) por cent per amiura. <br />6. IT 16 FUL-I.L°:i-R L_at sucond RLVty a*.-,a--!! <br />have the right to sublet tho prorLlsua or usal a this L;asc su': Jjcct to <br />the approval of first party.. V11.1ch approval Muall r-iot be =_rjusonably <br />withhold. <br />7- IT IS FUZ.1,Z.'":,A That in t1-.,Q- evui,.t, <br />promises shall be declarad unusable for the 2�urpose and busiaess for <br />Which it was reated that second party may terniinate t1lis lease at i Ils <br />option. It jF; 10 7'Teven_,, t1_1­- t' <br />�­U <br />7 <br />seconf,- j� ar ty o. er a E. a 5 e oy ee e S C, d c" e s t L'L- _'A <br />yee ­r less 1�.un,_--y s I e -t i �71 2 ... ELI- <br />o- a e_2 Ic <br />prespntl --onin,' rep ­,4__a`1i-;:,,-- <br />/ e7f <br />