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78002485
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Last modified
7/16/2017 11:22:46 AM
Creation date
9/16/2014 11:41:52 AM
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DEEDS
Inst Number
78002485
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I � <br /> + . 7_8-• UO2.485 <br /> - 2 - <br /> ;: <br /> r ' 7 . Determinaiion of �oundaries � <br /> �. - , The Lessor shall :�ava the right , on a reasonable basis , to <br /> ' determine �he boundaries between the Lessee ann his neighbors <br /> ' i� the Lessee and his neighbors cannot agree to sudn boundary <br /> ` ; line . ine lake fron� boundary of zhe leased premises shall be <br /> � + Lo the water line as the same rnay axist �rom time . to time with <br /> � changes in the water level o£ the la:ce . The boundary line o� <br /> the leased prealises abutting t�e Lessor ' s co.^nmon roads shal7, : <br /> � ba as reasor.ably dete ..�ined by the Lessor . <br /> , 8 . Peae �ful possession : <br /> As long as Lessee co�z�orns wit:z tY:e requiraments binding upon <br /> hin in this lease agreement , the Lessee shall enjoy peaceful <br /> � possession of the leased pre.-nises . <br /> : � <br /> I 9 . Im�rovements : <br /> ; The Z�essee shall :{eep the leased premises in a neat and clean �- <br /> ; condition at all tires and shall Iceep all im�rovements on the ` ' ;, <br /> t leased premises in a good conc'.ition o� repair . E, �: <br /> i r ; <br /> � � 10 . Abandonment: � ; <br /> � The I.essee agrees no� to aban�o:. tne leased premises . <br /> � r . <br /> k � f <br /> � 31 . �.ccess £or installinG utilitv lines_ : � � t, <br /> � The Lessor reserves the righ� to coma upor. the leased premises , <br /> for installation of underrround or above ground utility lines � u; <br /> � and the ma]cing of necessary rep� irs or improvements to or % � i <br /> ' abutting the leased premises . The Lessor aqrees to restore < , Yr�F <br /> ; the pre:nises to substanzially the sane condition as they were <br /> > <br /> � i�efore any such installa� ion and at the Lessor ' s expense _ f j ; <br /> � <br /> 12 . Ru1es and Recrulations : ' ' � {� <br /> � The Lessee agrees to comply witl� �he rules and regulations ^ <br /> = as prepared and furnis't�ed by the Lessor to the Lessee , from : < � ` <br /> � time to time . Such rules and regulations snall contain re- <br /> � strictions and limitations , £ or the mutual benefit of al1 <br /> lessees at Kuester La7ce , pertaining �o the use by the several <br /> l.�ssees at Kuester Lake of the lalce itself , common roads , <br /> � and the I. eased premises . It is underst- ood tl�at t'rie basic use <br /> o£ the leased premises shall. be � or residential purposes , but <br /> � . the Lessor may permit , £rom time to time , commercial activ�ties <br /> i on the leased premises . Any such rules , regulations and permits <br /> � are subject to cY-.ange by the Lessor , exceptir.g that the basic <br /> � purpose of the leased premis�s as residential shall not be <br /> abridg �d . Any c'Yzanges �s. the rules and regulatior.s must be <br /> � ' approved by a maj ority of the leaseYiolders present and voting <br /> ; at a meeting called s'or such purpose of w.zich written notice <br /> � , - has been given to all leasenolders . ( one vote per lease) <br /> i 13 . Termination of lease i�Y default of Lessee : <br /> 3 If the Lessee �aiZs , after ninety ( 90 ) days prior written notice <br /> 4 £rom the LeSsor , to remedy any default in his or her co:npliance <br /> � with any of the obligations binding upoa him or her und�r this <br /> ' Lease Agreement , or ur.der th� Rules and Regulations furnished <br /> : { him or her by the Lessor , the Lessor may , at its option , terminate <br /> � ; this lease and retaXe possession of the leased premises but only <br /> , ; after the �ollow3.ng procedure has been complied witn : <br /> j . ( a) A spec� al meeting of all stockholders os Lessor shall <br /> � , be callecl by the Board of Directors of Lessor , and <br /> written notice of such meeting and its purpose be given �o <br /> ', , ' all such st• oc]cholders . Such meeting shall be callen £or � , <br /> the purpose o� determining by najority vote of the stoc]c <br /> � of Lessor, present and voting , as to w:�ether or not = , <br /> ' � ' termination of Lessee ' s lease should be made because of t � �"� <br /> � . 1 _ a de£au7.t by the Lessee . At least 1 � days writL- en notice J <br /> r� shall be given o£ any such mee�ting and the Lessee shall ��' �� <br /> a be given full opportunity to show why his or h�r lease � ; ^� � <br /> •�� shoulEL not be terminated . -�» a .rtd.� <br /> ms� . <br /> ,� <br /> # _ � <br /> • , <br />
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