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- E9-= 102445 <br />MF -2- <br />7. Determination of boundaries: <br />The Lessor shall have the right. on a reasonable bas.i : to <br />determine the boundaries between the Lessee and his neighbors <br />if the Lessee and his neighbors cannot agree to such boundary <br />line. The lake front boundary of the leased premises shall be <br />to the water line as the same may exist from time.to,.time with <br />changes in the water level of the lake. The boundary line of <br />the leased premises abutting the Lessor's common roads shall <br />be as reasonably determined by the Lessor. <br />8. Peaaeful possession: <br />As long as Lessee conforms with the requirements binding upon <br />him in this lease agreement, the Lessee shall enjoy-peaceful <br />possession of the leased premises. <br />9. Improvements: <br />The Lessee shall keep the leased premises in a neat-:and clean <br />condition at all times and shall keep all improvemfMts on the <br />leased premises in a good condition of repair. <br />10. Abandonment: <br />The Lessee agrees not to abandon the leased premiseO. <br />ol <br />11. Access for installing utility lines_: <br />The Lessor reserves the right to come upon.,the leased premises' <br />for installation of underground or abo - .ground utility lines <br />and the making of necessary repaire or-improvements to or <br />abutting the leased premises. The Lessor agrees to-restore <br />the premises to substantially the same cordi.tioz, as they were <br />before any such installation and at the Lessor's expense. <br />12. Rules and Reaulations: <br />The Lessee agrees to comply with the rules and reg'.alations <br />as prepared and furnished by the Lessor to the Lrzr�ssee, from <br />time to time. Such rules and regulations small contain re- <br />stricions and limitations, for the mutual benefit of all <br />- <br />lessees at Kuester Lake, pertaining to the use by the several <br />lessees at Kuester Lake of the lake itself, common roads, <br />and the leased premises. it is understood that the basic use <br />of the leased premises shall be for residential purposes, but <br />the Lessor may permit, from time to time, commercial activities <br />on the leased premises. Any such rules, regi.;1ations and dermits <br />are subject to change by the Lessor, excepting that the basic <br />purpose of the leased premises as resicicr +ti alp stall not be <br />abridced. Any changes in the rules and regulations must be <br />approved by a majority of the leas�'�+�lders present and voting <br />at a treeting called for putpoc_e of Vi.ich written notice <br />has beer, gives to all leaseholders (one vote per lease) <br />13. Termination of lease by default _of Lessee: <br />If the Lessee fails, after ftinety (90) days prior writt i-m not:..ct: <br />from 'the Lessor, to remedy any default in his or her cox.rAiarzc.e <br />with any of the obligations binding upon him or her under thij <br />Lease Agreement, or under the Rules and Regulations furnished <br />him or her by the Lessor, the Lessor ,nay, at its option, terminr.te <br />p this lease and retake possession of the leased premises but only <br />after the following procedure has been complied with: <br />(a) A special meeting of all stockholders of Lessor shall <br />be called by the Board of Directors of Lessor, e:nd <br />written notice of such meeting and its pur�?nsp ho r iv.=:: to <br />all suan stockholders. Such meeting shall be called : :cL <br />I the purpose of de;:ermining by majority vote of tnc? st,.;clk- <br />o£ Lessor, present and voting, as to Tehe:.her or not <br />termination of Lessee's lease should be made b�_r,cm: -C •�.- <br />a default by the Lessee. At least 10 days written nc,t.Lce <br />shall be given of any such meeting and the Le:;_ -.ee <br />be given full opporc,unity to show vly his or hc.r <br />should not be ter;ninated. <br />e <br />r <br />4 <br />M._ <br />aY <br />i�. <br />I. <br />