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r -2- 7. Determination of Boundaries: The Lessor shall have the right, on a reasonable. basisjt:'od;et~r";" mine the boundaries between the Lessee and his neighborsifc the.<_ Lesse.e and his neighbors cannot agree to such boundaryline'.f1fEl; lake front boundary of the leased premises shall be to thewa.te'r;'; line as the same may exist from time to time with changesill;tlie. water level of the lake. The boundary line of the leasedprem7 ises abutting the Lessor's common roads shall be as reasonably determined by the Lessor. 8. 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. 9. 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. 10. Abandonment: The Lessee agrees not to abandon the leased premises. 11. 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. 12. 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 regulations shall contain restrictions and limitations, for the mutual benefit of all Lessees at Ku,'- ster Lake, pertaining to the use by the several Lessees at Kue- ster Lake of the lake itself, common roads, and the l(';'ls(>d prem- ises. It is understood that the basic use of the le;Jsed ['r"'''lses shall be for residential purposes, but the Lessor ~wy permit, from time to time, commercial activities on the leased IHemises. Any such rules, regulations and pen~i ts are subjpc t to chang" by the Lessor, excepting that the basic purpose nI thc' l(''I,;,'d premises as residential shall not be abridged. Any challges 1.11 the rules and regulations must be approved by a majority of the leaseholders present and voting at 8 meeting called for such purpose of which written notice has been given to Illl 1";1[,,,- holders (one vote per Lease). . 13. Termination of Lease by Default or Lessee: If the Lessee fails, after Tllil~ty-0njT(lays prior wrllt"ll 11,,11'1' from the Lessor, to remedy any default in his or Iler Ct'1I1plidllCe with any of the Obligations binding upon him or her 1111.1(.," this Lease Agreement, or under the Rules and Regulations fUlUi,:lt"d 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 1,1':;';01', and written notice of sllch meeting and its porp""f'I! be given all such stockholders. Such meet illg "hn 11 be ca.lled for the purpose of determining by major- ity vote of the stockholders of Lessor,"presen~ nod voting, as to whether or not terrnilHltion or LessI'P'<; Lease should be made because of a defaul t by trlf! Lessee, At least 10 days written notice shall b,~ given of any such meeting, and the Lessee shall be given full opportL(Ui ty to show why hi 5 or her Lease s.hould, not be tennina ted.