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<br />LEASE AGREEMENT----------°----------°----°------------Page Two <br />all subject to the payment of rental, terms, covenants and <br />restrictions as hereinafter set cut: <br />1. Rental. Lessees agree to pay Lessors as annual rental, <br />payable in advance during the term of this lease, the sum of <br />One Dollar ($1.0.0), payable each January first, commencing January <br />1. 19.80. <br />2. Term. The term of this lease shall be far ninety-nine <br />(99} years, commencing January 1, 19.80, and entending to January <br />1. 2079, for the annual rental of One Dollar, as above set forth. <br />3. Purposes of Lease. Lessees propose to use the leased <br />premises for a second residence, for themselves, Y_heir family, <br />and guests, as a place for recreation, fishing, hunting, et cetera. <br />4. Lessors agree: <br />{A) Lessors agree that they will provide a means <br />of ingress and egress to the leased premises foz the <br />benefit of Lessees, without further expense to Lessees. <br />($} Lessors agree that Lessees, their family and <br />guests may have access to, and enjoyment of, the water <br />mentioned above, the beach incident thereto, and ether <br />facilities ozovided by the Lessors fnr the use and pleasure <br />of their Lessees. <br />5. Lessees agree: <br />(A} Lessees agree to pay rental as hereinbefore <br />provided_ <br /> <br />~:. <br />{ <br />