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79-~'r3332 -2- <br />7. Determination of boundaries: <br />The Lessor shall have the right, on z reasonable basis, to <br />determine the boundaries between the Lessee and his neighbors <br />if the Lessee and his naighi~ors can:.ot agree to such boundary <br />line. The lake front boundary of the leased premises shall be <br />to the water line as the sa«~e „gay exist from time to time with <br />changes in the water level of the lake. The boundary line of <br />the leased premises abutting t,e Lessor's cos~~non roads szaii <br />be as reasonably determined by t2-~e Lessor. <br />8. Peaceful possession: <br />As long as Lessee conforms with the require,,,ents binding upon <br />iim in this lease agree.-aent, the Lessee shall enjoy peaceful <br />possession of the leased pre.-nises. <br />9. Improvements: <br />The Lessee shall keep the leased pre.-aises in a neat and clean <br />condition at all times and shall keep all improvements on the <br />leased premises in a good condition of repair. <br />i0. Abandonment: <br />The Lessee agrees not to abandor. the leased premises. <br />11. Access for installing utility lines: <br />The Lessor reserves the right to come upon-the leased premises <br />for installation of underground or above ground utility lines <br />and the making of necessary repairs or improve.~,ents to or <br />abutting the leased premises. The Lessor agrees to restore <br />the premises to substantially the same condition as they were <br />before ary such installation and at the Lessor's expense. <br />12. Rules and Regulations: <br />The Lessee agrees to comply with the rules and regulations <br />as prepared and furnished by the Lessor to the Lessee, from <br />time to time. Such rules and regulations shall contain re- <br />strictions and lisitations, for the mutual benefit of all <br />lessees at Kuester Laice, pertaining to the use by the several <br />lessees at Kuester Lake of the lake itself, cowman roads, <br />and the leased premises. It is understood that the basic use <br />of the leased premises shall be for residential purposes, but <br />"the Lessor may permit, from time to time, co:r.;nercial activities <br />on the leased premises. Arty such rules, regulations and permits <br />are subject to change by the Lessor, excepting that the 'nasic <br />purpose of the leased premises as residential shall rot be <br />abridged. Any changes in the rules and regulations must be <br />approved by a majority of the leaseholders present and voting <br />at a meeting called for such purpose of wzich written notice <br />has been given to all leaseholders (one vote per lease) <br />13. Termination of lease by default of Lessee: <br />If the Lessee fails, after ninety (90) days prior Eeritter. notice <br />from the 3,essor, to re.~,edy any default in his or her compliance <br />with any of the obligations binding upon him or her under this <br />Lease Agreement, or under the Rules and Regulations furnished <br />him or her by the Lessor, the Lessor may, at its option, terminate <br />t:.is lease and retake possession of the leased premises but only <br />"~ after the following procedure has been complied with: <br />(a) A special meeting of all stockholders of Lessor shall <br />be called by the ~3oard of Directors of Lessor, and <br />written notice of such meeting and its purpose be given to <br />all such stockholders. Such meeting shall be called for <br />the purpose of de:.ermining by majority vote of the stock <br />of Lessor, present and voting, as to whether or not <br />terniration of Lessee' s lease should be made because Hof <br />a default by the Lessee. At least 10 days written.noti+ce <br />shall be given of any such meeting and the Lessee a;;l~ <br />be given full opportunity to show wizy his or her 1e~3$ "~' <br />should not be terminated. <br />". <br />i' <br />=C <br />