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<br />88- <br /> <br />106325 <br /> <br />stockholder lots into that year's anticipated <br />net budget needs of the Lessor. <br />The computation of the annual rent shall be done by the Lessor, <br />but shall be uniform among all lessee-stockholders of Kuester <br />Lake, Inc. In any event the annual rent of the Lessee shall not <br />exceed One Hundred Dollars ($100.00) unless a majority of all <br />lessee-stoc~.holders of Kuester Lake, Inc. (one vote for each <br />share). present and voting at a special meeting called for that <br />purpose, shall approve the same. <br /> <br />6. Access. <br />The Lessee shall have access from the leased premises onto the <br />Lessor's roads and shall also have the right to use the.lake for <br />boating, swimming, and fiShing. These access rights are in <br />common with the other leaseholders at Kuester Lake. <br /> <br />6a. Prior Leases. <br />This Lease replaces and supersedes any prior Lease for said <br />prpJmises which the Lessee or his predecessors in title may have <br />held. <br /> <br />7. Determination of Boundaries. <br />The Lessor shall have the right, on a reasonable basis, to <br />determine the boundaries between the Lessee and his neighbors if <br />the Lessee and his neighbors cannot agree to such boundary line. <br />The lake front boundary of the leased premises shall be to the <br />water line as the same may exist from time to time with changes <br />in the water level of the lake. The boundary line of the leased <br />premises abutting the Lessor's common roads shall be reasonably <br />determined by the Lessor. <br /> <br />8. Peaceful Possession. <br />As long as Lessee conforms with the requirements binding upon him <br />in this Lease Agreement, the Lessee shall enjoy peaceful <br />possession of the leased premises. <br /> <br />9. IlIlJ)rovements. <br />The Lessee shall keep the leased premises in a neat and clean <br />condition at all tL~es and shall keep ~ll improvements on the <br />leased premises in a good condition of repair. <br /> <br />lO. Abandonment. <br />The Lessee agrees not to abandon the leased premises. <br /> <br />ll. Access for Installinq Utility Lines. <br />The Lessor reserves the right to come upon the leased premises <br />for installation of underground or above-ground utility lines and <br />the making of necessary repairs or improvements to or abutting <br />the leased premises. The Lessor agrees to resT-ore the premises <br />to substantially the same condition as they were before any such <br />installation and at the Lessor's expense. <br /> <br />l2. Rules and Requlations. . <br />The Lessee agrees to comply with the rules and regulations as <br />prepared and furnished by the Lessor to the Lessee, from time to <br />time. Such rules and regulations shall contain restrictions and <br />limitations, fo~ the mutual benefit of all Lessees at Kuester <br />Lake, pertaining to the use by the several Lessees at Kuester <br />Lake of the lake itself, common roads, and the leased premises. <br />It is understood that the basic use of the leased premises shall <br />be for residential purposes, but the Lessor may permit, from time <br />to time, commercial activities on the leased premises. Any such <br />rules, regulations and permits are subject to change by the <br />Lessor, excepting that the basic purpose of the leased premises <br />as residential shall not be abridged. Any changes in the rules <br />and regulations must be approved by a majority of the <br />leaseholders present and voting at a meeting called for such <br />purpose of which written notice has been given to all <br /> <br />-2- <br />