87100162 - Laserfiche WebLink

Browse

?. 87 100162 Determination of Boundaries: The- Lessor s a ave %iii right, on a reasonable basis, to deter- mine 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 water 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 prem- ises abutting the Lessor's common roads shall be as reasonably determined by the Lessor. 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. Improvements The Lessee shall keep the leased premises in a neat and clean condition at all times and shall keep all improvements on the leased premises in a good condition of repair. Abandonment: The Lessee agrees not to abandon the leased premises. Access for Installing Utility Lines: The Lessor reserves the right to come upon the leased premises. for installation of underground or above-ground utility lines and the making of necessary repairs or improvements to or abutting the leased premises. The Lessor agrees to restore the premises to substantially the same condition as they were before any such installation and at the Lessor's expense. Rules and Regulations: The Lessee agrees to comply with the rules and regulations as prepared and furnished by the Lessor to the Lessee, from time to time. Such rules and regul.ations shall contain restrictions and limitations, for the mutual benefit of all Lessees at Kue- ster Lake, pertaining to the use by the several Lessees at Kue- ster Lake of the lake itself, common roads, and the leased prem- ises. 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 premises. 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 lease- holders (one vote per Lease). Termination of Lease b_y__llefault of Lessee: I the Lessee fails, atter 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 ;tnder file Roles and Regulations furnished him or her by the Lessor, the Lessor may, at its option, term- inate 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, at;d written notice of such meeting and its purposes be given all such stockholders. Stich meeting shall . be called for the purpose of determining by majo•-- ity vote of the of lessor, present and voti-ng, as 1c1 wliOli ,r or not terminat. ion of Lessee's lease sho,tld 1,, made f }r'rEtttsz' of a detanit bu the., Lessee. At l +-kv'� wtitt(11 1Wt_ice 01111 h0 loon f,f ,IIt it rtia zIp, 111 f Iho i P4ta3 i },F Moen ft.,ll opl',sttttait, 11 how w}ty hi,�i n fit,a 1'1.��v0' ghoul l [wi t- t_f'S tR 2ll rtl i'(a.