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77007110
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Last modified
7/16/2017 7:05:00 AM
Creation date
9/15/2014 4:21:32 PM
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DEEDS
Inst Number
77007110
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� . <br /> 1,' <br /> � . ..�.�"""... � � <br /> �I"�� Y M <br /> . �' f! (171 t n ' <br /> _ 2 _ <br /> 7 . Determination of boundaries : <br /> � Tha Lessor shall have the right , or. a reasonable basis , to <br /> detormine tho boundaries betwecn the Lessee and his neig'hbors <br /> if the Lessee and his neighbors can :�ot agree to such boundary <br /> line . TYIe lalce front boundary of the leased premises shall be <br /> to the water line as the same may exist from tlme to time witl� <br /> changes in the water 1eve1 of the lake . The boundary line of <br /> the leased premises abuttinq the Les � or � s common roads shall <br /> be as reasonably determined by thc. Lessor . <br /> 8 . Peaaeful possession : <br /> As lonq as Lgssee conforms with the requirements binding upon <br /> him in this lease agreement , the Lessee shall enjoy pesceful <br /> possession of the leased premises . <br /> 9 . ImDrovements : <br /> The Lessee shall ]ceep the leased premises in a neat and clean <br /> condition at all times and shall )ceep all improvements on the <br /> leased premises in a qood condition of repair . <br /> 10 . Abandonment : <br /> The Lessee agraes not to abandon the leased premises . <br /> 11 . Access f5�r installinq utilitv lines : <br /> The Lessor reserves the right to come upon the leased premisea <br /> for installation of underground or above ground utility 11nes <br /> and the making of necessary repairs or improvements to or <br /> abutting the leased premises . The Lessor agrees to restore <br /> the premises to substantially the same condition as they were • <br /> before any such installation and at the Lessor ' s exper�se . <br /> 12 . Rules and Requlations : <br /> The Lessee agrees to comply with the rules atzd regulations <br /> as prepared and furnished by the Lessor to ttie Lessee , from <br /> time to time . Such rules and regulations shall contain re- <br /> strictions and limitations , for the mut- ual benefit of all <br /> lessees at ICuester Lake , pertaining to the use by the several <br /> lessees at Kuester Lake of the la}ce itself , common roads , <br /> and the leased premises . It is understood t2-iat the basic use <br /> of t2-ie leased premises shall be for residential purposes , but <br /> the Lessor may permit , from tim:: to tima , commercial activities <br /> on the leased premises . Any such rules , regulation9 and permits <br /> are subject to change by the LeSsor , excepting that the basie <br /> purpose o £ the leased premises as residential shall not be <br /> abridged . Any changes in the rules and r�yulations must be <br /> approved by a majority of the leaseholders present and votinq <br /> at a meeting called for such purpose of w:�ict► written notico <br /> has baen qiven to all leaseholders ( one vote per lease ) <br /> 13 . Termination of lease bv default of Lessee : <br /> If the Lessee fails , after ninety ( 90 ) days prior written notice <br /> from the Lessor , to remedy any default in hia or her compliance <br /> with any of the obliyations binriing upon him or her under this <br /> 3.ease Agreement , or under the Rules anci Regulations furnished <br /> him or her by the Lessor , the Lessor may , at its option , terminate <br /> thia lease and retake possession of the leased premises but only <br /> after tho following procedure has been complied witn : <br /> ( a ) A specia : meeting of all � to�kholders of Lessor shall <br /> be called by the Board of Directors of Lessor , and <br /> written notice of such meeting and its purpose be qiven t� <br /> all such stockholders . Such meeting sha21 be called for <br /> the purpose of deterrnining by majority vote of the stock R ; <br /> of Lessor , present and voting , as to wnether or not •�' ' - <br /> termination of Lessee ' � lease should be made because of ''� � <br /> La default by the Lessee _ At least 10 days written notic � `��,, <br /> shall be given of any such meetinq and the Lessee shall ��a'i � <br /> be given full opportunity to show ti.rizy his or her lease <br /> ahould not bo termindt �� . <br /> . J <br />
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