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20031114'7 <br />6a. Prior Leases. This Lease replaces and supersedes any prior Lease for said <br />premises which the Lessee or his predecessors in title may have held. <br />7. Determination of Rnundaries. The Lessor shall have the right, on a <br />reasonable basis, to determine the boundaries between the Lessee and his neighbors if <br />the Lessee and his neighbors cannot agree to such boundary line. The lake front <br />boundary of the leased premises shall be to the water line as the same may exist from <br />time to time with changes in the water level of the lake. The boundary line of the leased <br />premises abutting the Lessor's common roads shall be reasonably determined by the <br />Lessor. <br />8. Peaceful Possession. As long as Lessee conforms with the requirements <br />binding upon him in this Lease Agreement, the Lessee shall enjoy peaceful possession of <br />the leased premises. <br />9. Improvements. The Lessee shall keep the leased premises in a neat and <br />clean condition at all times and shall keep all improvements on the leased premises in a <br />good condition of repair. <br />10. Abandonment. The Lessee agrees not to abandon the leased premises. <br />11. Access for Installing_Utili y Lines. The Lessor reserves the right to come <br />upon the leased premises for installation of underground or above - ground utility lines and <br />the making of necessary repairs or improvements to or abutting the leased premises. <br />The Lessor agrees to restore the premises to substantially the same condition as they <br />were before any such installation and at the Lessor's expense. <br />12. Rules and Regulations. The Lessee agrees to comply with the rules and <br />regulations as prepared and furnished by the Lessor to the Lessee, from time to time. <br />Such rules and regulations shall contain restrictions and limitations, for the mutual benefit <br />of all Lessees at Kuester Lake, pertaining to the use by the several Lessees at Kuester <br />Lake of the lake itself, common roads, and the leased premises. It is understood that the <br />basic use of the leased premises shall be for residential purposes, but the Lessor may <br />permit, from time to time, commercial activities on the leased premises. Any such rules, <br />regulations and permits are subject to change by the Lessor, excepting that the basic <br />purpose of the leased premises as residential shall not be abridged. Any changes in the <br />rules and regulations must be approved by a majority of the leaseholders present and <br />voting at a meeting called for such purpose of which written notice has been given to all <br />leaseholders (one vote per Lease). <br />13. Termination of Lease by Default of Lessee. If the Lessee fails, after ninety <br />(90) days prior written notice from the Lessor, to remedy any default in his or her <br />compliance with any of the obligations binding upon him or her under this Lease <br />Agreement, or under the Rules and Regulations furnished him or her by the Lessor, the <br />Lessor may, at its option, terminate this Lease and retake possession of the leased <br />premises but only after the following procedure has been complied with: <br />(a) A special meeting of all stockholders of Lessor shall be called <br />by the Board of Directors of Lessor, and written notice of such <br />meeting and its purposes be given all such stockholders. <br />Such meeting shall be called for the purpose of determining <br />by majority vote of the stockholders of Lessor, present and <br />voting, as to whether or not termination of Lessee's Lease <br />should be made because of a default by the Lessee. At least <br />ten (10) days written notice shall be given of any such meeting, <br />and the Lessee shall be given full opportunity to show why his <br />or her Lease should not be terminated. <br />(b) If a majority of the stockholders of Lessor, present and voting <br />at such meeting, determines that Lessee is in default under <br />his Lease and that the same should be terminated, the <br />