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I -2- 7. Determination of ?oundaries: The Lessor shall have the right, on a reasonable basis, to determine the boundaries between the Lessee and his neighbors if the Lessee and his neighbors calli.ot agree to such boundary line. The lake front boundary of the leased pre.'llises 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 premises abutting the Lessor's common roads shall be as reasonably determined by the Lessor. 83- 005029 8. Peaoefulpossession: 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 pre.~ises. 11. Acces-s for installina 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 improvernents 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 R~~ulations: Tlle 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 re- strictions and lirr~tations, for the mutual benefit of all lessees at Kues'cel" Lake, pertaining to the use by the several lessees at Kuester Lake of the lake itself, co~~on roads, and the leased premises. :t is unoerstood that the basic use of the leased premises shall be for residential purposesJ but the Lessor may perrrd.t, from ti:;:-io to timcJ corr.mercial activities on the leased premises. Any such rules, regulations and permits are subject to change by the Lessor, exceoting that the basic p~rr:<:se ... of the I,eased premi.ses a:s =esi~entia~ s:-lall r:.O-C =:9 a~=~c;e~. _~~? c~a~;=~ ~~ ~~6 :~_~~ 2~~ :2q~~a~:C~5 ~~s~ De 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 leaseholders (one vote per lease) 13. Termination of lease bv default of Lessee: If the Lessee fails, after ninety (90) days prior written notice fr~~ the Lessor, to remedy any default in his or her complia~ce with a."lY of the obligations binciing upon him or her under this Lease A9r~"lt, or under t~e aules and Regulations furnished him or her by the Lessor, the Lessor ~~y, at its option, terminate 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, and written notice of such meeting and its purpose be given to all such stockholders. Such meeting shall be called for the purpose of de~ermining by majority vote of the stock of Lessor, presen.t and voting, as to whether or not termination of Lessee's lease should be made because of a default by the Lessee. At least 10 days wr~tten notice shal.l be given of any Buch meeting and the Lessee shall be giv.... full opportunity to show why his or her lease sho\lJ.d. not .!m.terminated.