89105593 - Laserfiche WebLink

Browse

10559 l fia. Prior Leases. .This Lease replaces and supersedes,any prior Lease for said premises which the Lessee or his predecessors in title may have held. 7. Deteraination.of Boundaries. Thlt i.�sawr. abal have the right, on a reasonable basis, to determine the boundaries between the Lessee and his neighbors if the Lessee and his neighbors cannot agree to such boundary line'. The lake front boundary of the leased premises shall be to the Mater line as the same may exist from time to time with changes in the water level of the lake. The boundary line of the leased promises abutting the Lessor's common roads shall be reasonably determined by the Lessor. S. Peaceful Possession. As long as Lessee conforms with the requirements binding upon him in this Lease Agreement, the Lessee shall enjoy peaceful possession of the leased premises. 9.:, Improvements. The Lesso*:.shall keep the leased premises in a neat and clean conditicm,:t all times and shall keep-atl improvements on the leased proUses. in good condition off. repair. 10. Abaizdonment: 2. k -- - - ` - sj� LE$S" � a�4"es 1tYtiir L4'D �di3allRitilZ i:s1f.'' ZtGase�t- k�ii11 &CS. .. 11 ..Access for I_ nstal_ling Utility Lines. _ T&i lessor. reserves the right to come upon the leased premises for insulation of underground or above - ground utility lines and the ismaking of necessary repairs or improvements to or abutting the leased prem#es. The Lessor agrees. to restore,tbe premises to substantially' the same condition as' :they were W f6re any such installation and at the Lessor's expel, 12. Rules, and Reaulati arsr: ;.�. The ssee agrees to comply with the rules and regulations as - Ore -pared and furnished by the Lessor to the Lessee, from tf a� to time. Such rules and regulations shall contain restrictions and limitatiaas, for the mutual benefit of all Lessees at Ruester ' ' Lake, per'.t'aining_ .to the use by the several Lessees ,at,, Ruester Lake of the lakes itself, common roads, and the leased-promises. It is understood that the basic use of the leased premises shall be for residential purposes, but the Lessor may permit, from time to time, commercial activities on the leased premised., Any such rules, regulations and permits are subject to change by the ; Lessor, excepting that the basic purpose of the leased premises as residential shall not.be abridged. Any changes in the rules {' and regulations must be approved by a majority of the leaseholders present and voting at a meeting called for such purpose- of.which written notice has been given to all leaseholders (ofie vote per Lease). 13. Termination of Lease by Default of Lessee. If the Lessee fa ls, after ninety (90) days prior written notice from the Lessor, to remedy any default in his or her compliance with any of the obligations binding upon him or her under this Lease Agreement, or under the Rules and Regulations furnished him or her by the Lessor, the Lessor may, at its option, terminate this Lease and retake possession of the leased premises but only after the following procedure has been complied with: (a) A special meeting of all stockholders of Lessor shall be called by the Board of Directors of Lessor, and written notice of such meeting and its purposes be given all such stockholders. Such meeting shall be called for the purpose of determining by majority vote of the stockholders of Lessor, present and voting, as to whether or not termination of Le'ssee's Lease should be made i.