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202006547
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Last modified
9/2/2020 10:36:50 AM
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9/2/2020 10:36:50 AM
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DEEDS
Inst Number
202006547
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202006547 <br />Th computation of the annual rent shall be done by the Lessor, but shall be uniform among all <br />Le sees -stockholders of Kuester Lake, Inc. In any event the annual rent of the Lessees shall not <br />ex ed One Hundred Dollars ($100.00) unless a majority of all Lessees -stockholders of Kuester <br />La e, Inc. (one vote for each share), present and voting at a special meeting called for that purpose, <br />sh 1 approve the same. <br />6. Access. The Lessees shall have access from the leased premises onto the Lessor's roads <br />and shall also have the right to use the lake for boating, swimming, and fishing. These access rights <br />ar¢ in common with the other leaseholders at Kuester Lake. <br />6a. Prior Leases. This Lease replaces and supersedes any prior Lease for said premises <br />which the Lessees or his predecessors in title may have held. <br />7. Determination of Boundaries. The Lessor shall have the right, on a reasonable basis, to <br />determine the boundaries between the Lessees and his neighbors if the Lessees and his neighbors <br />c of agree to such boundary line. The lake front boundary of the leased premises shall be to the <br />w ter line as the same may exist from time to time with changes in the water level of the lake. The <br />b undary line of the leased premises abutting the Lessor's common roads shall be reasonably <br />d termined by the Lessor. <br />8. Peaceful Possession. As long as Lessees conforms with the requirements binding upon <br />hm in this Lease Agreement, the Lessees shall enjoy peaceful possession of the leased premises. <br />9. Improvements. The Lessees shall keep the leased premises in a neat and clean <br />ndition at all times and shall keep all improvements on the leased premises in a good condition of <br />r air. <br />10. Abandonment. The Lessees agrees not to abandon the leased premises. <br />11. Access for Installing Utility Lines. The Lessor reserves the right to come upon the <br />leased premises for installation of underground or above -ground utility lines and the making of <br />Ocessary repairs or improvements to or abutting the leased premises. The Lessor agrees to restore <br />t e premises to substantially the same condition as they were before any such installation and at the <br />L ssor's expense. <br />12. Access for Outlet Pipe. Lessor states that there is a 10" underground lake overflow <br />o itlet pipe buried under the surface of the leased premises at the location shown on the map <br />a ached hereto as Exhibit "A". Lessees acknowledges that he is aware of the location of the buried <br />p pe. Lessees further acknowledges that the Lessor reserves the right to have unobstructed access to <br />e premises for the purpose of maintaining, repairing, replacing or removing the overflow outlet <br />p pe. Lessees further acknowledges that he cannot build a structure over the space that the buried <br />p pe is located. This access right belongs to the Lessor and runs with the land and is binding upon <br />a 1 Lessees or other users of the premises. <br />13. Rules and Regulations. The Lessees agrees to comply with the rules and regulations as <br />epared and furnished by the Lessor to the Lessees, from time to time. Such rules and regulations <br />s all contain restrictions and limitations, for the mutual benefit of all Lessees at Kuester Lake, <br />ertaining to the use by the several Lessees at Kuester Lake of the lake itself, common roads, and <br />tie leased premises. It is understood that the basic use of the leased premises shall be for residential <br />urposes, but the Lessor may permit, from time to time, commercial activities on the leased <br />remises. Any such rules, regulations and permits are subject to change by the Lessor, excepting <br />t at the basic purpose of the leased premises as residential shall not be abridged. Any changes in <br />tie rules and regulations must be approved by a majority of the leaseholders present and voting at a <br />Meeting called for such purpose of which written notice has been given to all leaseholders (one vote <br />per Lease). <br />14. Occupancy and Use. Only dwellings intended for occupancy by one family may be <br />onstructed upon the leased premises and occupancy by more than one family in any such dwelling <br />hall not be permitted. In no event shall the leased premises be utilized for any commercial or <br />usiness enterprise. <br />2 <br />
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