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202204885 advance. The LESSOR has reasonable exclusions to construct signs relating to their business but are not intended to be competing billboards. 7. Insurance and Indemnification: LESSEE agrees to indemnify and hold LESSOR harmless from all claims of injury and damages to LESSOR or third parties caused by the installation and maintenance of the Structure or displays on the Structure. 8. Early Termination: During the term of this Lease, should (i) LESSEE not be able to obtain or retain any required permit(s) for the Structure, (ii) the use of the Premises for the Structure be prohibited, limited or restricted by the terms of any restriction, covenant, regulation, ordinance or zoning resolution affecting the Premises, (111) the view of the Structure is obstructed or obscured, or (iv) in LESSEE'S determination the location is no longer economically or is otherwise undesirable, LESSEE may, at its option, terminate this Lease by giving LESSOR 90 days written notice of its election to do so. In addition, either party may terminate this Lease upon breach by the other party if the breach has not been remedied within 30 days of the defaulting party's receipt of written notice sent by certified mail, return receipt requested, to the breaching party. Upon termination, all Rent shall cease and the prorated portion of any prepaid Rent shall be refunded to LESSEE 9. Eminent Domain: If the Premises, or any part of the Premises which impacts the Structure, is taken by eminent domain, this Lease shall terminate, at the option of LESSEE, in which case all Rent shall cease and the prorated portion of any prepaid Rent shall be refunded to LESSEE. 10. First Right for Additional Structures: In the event that LESSOR receives an offer to lease any additional portion of the real estate upon which the Premises is located for the purpose of an outdoor advertising structure, then LESSOR shall so notify LESSEE by certified mall, return receipt requested at the address provided for above. The notice shall contain the terms and conditions of the offer. LESSEE shall have 15 days from receipt of the notice to agree to match the terms of the offer and to provide to LESSOR a lease for the outdoor advertising structure in substantially the form of this Lease. Provided, nothing in this paragraph shall allow for another outdoor advertising structure (except as owned by LESSEE) within 1000 feet of the Premises. 11. Rights on Sale of Premises: LESSOR shall notify LESSEE of any sale of the real estate which involves the Premises by certified mail, retum receipt requested at the address provided for above. LESSOR shall have 15 days from receipt of the notice to purchase an Easement for the Structure (the "Easement") for an amount equal to 10 times the annual Rent then in effect. The Easement shall provide for use of that portion of the Premises equal to the size of the Structure extended to the ground plus an additional 10 feet on all sides of the Structure. In addition, the Easement shall grant LESEE the right of reasonable access to and egress from the Structure for the purpose of constructing, maintaining, inspecting, repairing, removing, altering, relocating and reconstructing the Structure, and for the provision of power, communication devices and connections to the Structure. If LESSEE fails to respond to the notice within 15 days of receipt, then LESSEE's rights under this paragraph shall terminate. 12. Miscellaneous: No advertising for competing Tire sales and service, Religious, or Political will be allowed to be posted on this structure while Pomp's Tire Service is the tenant. 13. Written Notices: Notices and communications conceming this Agreement shall be addressed to the parties as provided for at the beginning of this Lease, or at such other address as either party may designate to the other. 14. Memorandum of Lease: At the request of LESSEE, LESSOR shall execute and acknowledge a memorandum of this Lease, in a form suitable for recording. 15. Binding Effect: This Lease Is not binding until signed on behalf of both parties. Once signed, this Lease shall be binding upon the heirs, successors and assigns of each party to include any successor owner of the Premises. LESSOR agrees to notify the new owner of the existence of this Lease and to notify LESSEE promptly of any change. In order to have any rights under this Lease, any successor LESSOR shall provide LESSEE with the correct payee information for all future payments. LESSOR: Pomp's Tire Service, INC Page 3 of 4 Lease6 NE20162022