80004797 - Laserfiche WebLink

Browse

.. 80-t~ C~ 4'~ 9'7 -2- 7, Deter~'lination of boundaries: 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 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 premises abutting the Lessor's common roads shall be as reasonably determined by the Lessor. 8. PPa~?ful 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. q, Improvements: The Lessee shall keep the leased premises in a neat and cleat: condition at all times and sha21 keep all improvements on the leased premises in a good condition o° repair. 10. Abandonment: The Lessee agrees not to abandon the leased pre.-nises. li. n s~ =o- installing utility lines: The Lessor reserves the right to coma upor. tie 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 installatior. and at the Lessor's expense. 12. ~u'~~ "^d Recu~at~ons: The Lessee agrees to comply with the rules and regulations as prepared and furnished by the Lessor to the LGssea, from ti.~.e to time. Such rules and r~guiatiors shall contain re- strictions and li,s.itations, for the mutual benefit of ail lessees at Kuester Lake, partairing to the use by the several lessees at yuestcr Lake of the fake itself, carp:;,or. roads, and t're leased premises. St is understood that the basic use of the leased premises shall be for residential purposes, but the Lessor may permit, from time to time, co:nmoreial activities on the leased premises. Any such rules, regulations and :aermits are subject to cY.ange by the Lessor, excepting that the basic purpose of the leased premises as residaytial 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 bean given to all leaseholders-(ape vote par lease 13, ~w*^n+z'atia. of lease ~~~ ^m~ault of Lessee: If the Lessee fails, after ninety (90) days prier written notice from the Lesser, to remedy any default 1n his or her compliance with any of the obligations binding upon him or her uz.der this Lease Agree+T~ent, or under the Rules and Regulations furnished him or her by the Lasser, the Lessor :toy, at its option, terminate this lease and retake. possession of the leased premises but only :~A=°" aPt®r tha'follawing grocedure has been complied with: ($} A spacial meeting of all stockholders of Lessor shall be called by the Hoard of Directors of Lussosa beagivar, fie written notice of such meeting and its p rpo ' all such stockholders. Such meeting shall be tailed far b majority vote of th~a stock the purpose of ae..erm~.ninq y J of Lessor, present and voting, as to whether ar not termination of Lessee's lease sheuln be made because of a default by the Lessee. At least 10 days written notice shall b® given of any such meeting and the Lassae shall be given full opportunity to show why his or her lease should not be terminated.