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i, ^ • <br /> ,. ....,..._-� . <br /> . �' <br /> , ' � � -2- gg_ �assa9' <br /> 7. Dtter�ni:^�i.io:� o� }�ot,nd�.�ri.c� : <br /> T'..e Lessor shall :zave the ri�:z�., o: �, reaso,.able basis, to <br /> � c:c�er;�i:�e the bou.zdzries batwee:� ;�� �essee ar.d h�s neighbors <br /> if �he Lessee ana his neigh:�ors c�sr..;ot agrce to such boundary <br /> '1ii12. li7@ Zc^�1CG� ii OiZ�: b011ilCa�I:1r Oi �.i:z leased prenzises S�1olr. .til. 2 <br /> to �he water line as the s��a .,,�y e::is� fro;,l ti;ne to time w�th � <br /> c:�ur.5es in the �aater level o� �:�e l�:'.ce. The bounaaxy ],i:.e of <br /> the le�sed prer�ises �but�ing the Lessor' s coi�v-no:z. roads s'r.all <br /> be as reason�,bly dete �„ined ay the Lessor. <br /> 8. Pe�e��t;� nossessior�: <br /> As lor.g as Lessee co�forms wi;n `re requirements binding upon <br /> ni;,t in tha.s lease agr�ement, tne Lessee shal.l e:Zj oy peaceful <br /> passession of t'ne leased premises. <br /> 9. Imnrov e:�ent s: <br /> �::e Lessee shall keep the leaseu pre:r,ises in a neat ann clean <br /> condi�ion at all times and sh�:ll. keep all imnrove:nents on the <br /> lE:ased premises in a good condi�ion o� repair. <br /> 10. Abando:-�:�er.t : <br /> T:�e Lessee agrees not to abanco:. the leased premises. <br /> 11. Access fo�- installi� utility lines : <br /> T:,e Lessor reserves the right �o come upon the leased premises <br /> for installation of underground or above ground utility Iines <br /> a:�d �.he making of necessary r�pairs or improve.-;lents to or <br /> �butting the leased px-emises. The Lessor agrees to resto�e <br /> t:,e premises to substantially �he sane conaition as they wzre <br /> br�foye any such installation a:.d a� t:e Lessor' s exper.se_ <br /> 12. uules �?nd Requlations: <br /> �i`'i-ne Lessee agrees to comply with �.he rules and regul�tioz�s <br /> as prepared and furnished by t;�e Lessor to the Le,ssee, fro:r. <br /> �,:�me to time. Such rules and �egulations snall. contain re- <br /> strictions and limitations, �or tne mutual benef it of all <br /> lessees at Kuester La'�ce, pertair.ing to the use by the several <br /> lessees at Kuester I�ake of the lake i�self, co „on roads, <br /> and the leased premises. It is ur.derstood that tne basic use <br /> o� the leased premises shall be �or rasidential purposes, but <br /> the Lessor nay perrnit, fro„i ti�e to tim�, corrli�nercial activi.ties <br /> o;� t'ne leased premises. Any such rules, regulatior.s and permits <br /> ure subject to change by the Lesso" excepting that the basic <br /> purpose of tr.e leased pre:nises as residential shall not be <br /> abridgcd. Ar.y changes in �he rules ar.d regul�tio:.s must be <br /> approved by a majority of the ]_ease:-iolders present and voting <br /> at a �eeting called for such purm�se of w.zich written notice <br /> r.as been given to all leaseholders (one vote per lease) <br /> 13. Termi:�atio:� of lease by default of Lessee: <br /> Ii th� Lessee fails, aiter nine�.y (90) days prior written notice <br /> fro;n the Lessor, to reme�y ar.y default ir� his or her compliance <br /> with any of the obligations bi:.ayng upo:� him or her uncier this <br /> I�ease Agree�nent, or under th� �ules and Regulations turnished <br /> 1-�im or her by the L�ssor, the Lessor r;�ay, a� its option, terminate <br /> t:�is l.ease and retake possession of the leased premises but only <br /> _n �`- �fter the� following procedure has been co;r�plied �aith: <br /> (a) A special meetir.g of all stockholders of Lessor shall <br /> be called by the Board o� Directors of Lessor, ana <br /> written notice of �uci: :aeeting and its purpose be given <br /> all such s�.ockholucrs_ Such meeting shall b� called for <br /> the purpose o� de�er::ir.ing by majority vote of the stock <br /> of Lessor, present a:d voting, as to w'.zether or not <br /> termination of Les�ez ' s lease should be made because o� <br /> a default by t:ze L�ssee. At least IO days written notic <br /> shall be given of �ny such meeting and the Lessee shall <br /> be given full o�po�-�unity to show w:zy his or her lease <br /> should not be ter.;.ina�ed. • <br />