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79006110
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Last modified
1/13/2010 5:49:36 AM
Creation date
1/13/2010 5:49:27 AM
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DEEDS
Inst Number
79006110
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. -2- <br />7. Determination of boundaries: <br />Tha Lessor shall 'nave the tight, on a reasonable basis, to <br />determine the boundaries between the Lessee and his neighbors <br />if the Lessee and his neighbors cannot agree to such boundary <br />• line. The lake front boundary of the leased premises shall be <br />to the water line as the same may exist from time to time wit:. <br />changes in the water level of the lake. The boundary line of <br />the leased premises abutting t?~e Lessor's common roads shall <br />be as reasonably determined by the Lessor. <br />8. Peaceful possession: <br />As long as Lessee conforms with the requirements binding upon <br />hir„ in this lease agreement, the Lessee shall enjoy peaceful <br />possession of the leased premises. <br />9. Improvements: <br />The Lessee shall keep the leased premises in a neat and clean <br />condition at all times and shall keep all improvements on the <br />leased premises in a good ccndition of repair. <br />10. Abando ,lent <br />ThE Lessee agrees not to abandon the leased premises. <br />11. cceS'S for installing utility lines: <br />The Lessor reserves the right to coma 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. Tha Lessor agrees to restore <br />the pre,t•ses to substantially the same condition as they ware <br />'before any such installation and at the Lessor's expense. <br />12. Rules and Rectulations: <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 ra- <br />strietions and limitations, for the mutual benefit of all <br />lessees at wester Lake, pertaining to the use by the several <br />lasses at xkester Lake of the lake itself, eonunon roads, <br />and the leased premises. Tt is u:.d.ers"toad that t'r.a basic use <br />~3a. t hE' leased pr~('ii~isS hail `t:r.3 for residential pLirpt?+>3"v3s, but <br />"4 .... ..... i::ei~ ~..,,.t .:ii 1:., .. riJ:i: t.:. s_: to .. ...... Go~.:i4.~`v .l.:+w v wti=+.~., ~.vu <br />~n t„:h~~1aa~ae? nrami~e>~~ Anv ra-utTh r~uYec; r~r_r~l~r9e~n~c ;and ±~rx2-i,t~s• <br />~_ a .. - <br />are subact to c.iange by the Lessor, e~.eapting t::at t?at= basic <br />purpose of the leased premises as residential shall not ba <br />abridged. Any changes in the rules and regulations must b6 <br />approved by a majority. of the leaseholders present and votir_g <br />at a meeting called for such purpose of w:ich written notice <br />has bean given to all leaseholders (one vote par lease) <br />13. TT,,, r~nation of lease by default of Lessee: <br />xf the Lessee fai:.s, after ninety (9vi dny> prior writtr3i: notice <br />from the L©ssor, to remedy cry default in 2:is or her compliance <br />with any of the oblig~:tions binCsi.i+g upon him or her ur_d®r this <br />P.aase Agreement, or under the Rules and Rsrula~.ions furnished <br />~ him or her by the Lessor, the Lessor ~.iay, at Its option, tarrinate <br />this le~ase and retak4 possession. of the leased premises but only <br />. 6i. jai. :.sib E,.€i4:~~:ag proc ~i..'~.'.ra €~«~ ~e +a ~o,.ip' lc~y,. ~,a. <br />~a} a special meeting of all stS2Ckholders of Lessor s:,all <br />be called by the Board of Directors or" 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 determining by majority vote of the stock <br />of :essor, present and voting, as to whether or not <br />termination of Lessee's lease should be made because of <br />a default by the Lessee. At least 10 days written noti4a <br />shall be given of any such meeting and the Lessee shall <br />' be given full opportunity to~show why his or her lease <br />should not be terminated. <br />
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