Laserfiche WebLink
80--;j C~ "' ~ 54 <br />-2- <br />~, Dit~*'miration of *~oundaries: <br />The Lessor shall have the right, or. a reasonable basis, to <br />determine the boundaries between the Lessee and his neighbors <br />if the Lessee and his neighbors cannot agree to sucY. 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 with <br />changes in the water level of the lake. The boundary line of <br />the leased premises abutting the 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 />him 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 oa the <br />leased premises in a good condition of repair. <br />10. Abandonment: <br />The Lessee agrees not to abandon the leased premises. <br />11. Ages= far 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 improvements to or <br />abutting the leased premises. T'ne Lessor agrees to restore <br />the premises to substantially the same condition as they were <br />before any 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 regulatiors shall contain re- <br />strictions and limitations, for the mutual benefit of all <br />lessees at Kuester Lake, pertaining to the use by the several <br />lessees at Kuester Lake of the lake itself, commor. 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 tire, commercial activities <br />on the leased premises. Any such rules, regulations a.^.d permits <br />are subject to change by the Lessor, excepting that the basic <br />purpose of the leased premises as residential shall not 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 which written notice <br />has been given to all leaseholders (one vote per lease} <br />13. Terminatior. of lease by default of Lessee: <br />If the Lessee fails, as"ter ninety (90) days prior written notice <br />from the Lessor, to remedy any default in his or her comnliarce <br />with any of the obligations binding upon him or her under th-~s <br />Lease Agreement, or under the Rulers and Regulations furnished <br />him Or her by the Lessor, the Lessor may, at its option, terminate <br />this 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 stock`olders of Lessor s:=all <br />be called by the Board of Directors of Lessor, and <br />written notice of such meeting and its purpose be giver: to <br />all such stockholders. Such meeting shall be called for <br />the purpose of determining by majority vote of the stock <br />of Lessor, present and voting, as to whether or not <br />tern:inatio.^. ^_f Lessee's lease should be mane because os <br />a default by the Lessee. At least 10 days written notice <br />shall be given of any such meeting and the Lessee shad <br />be given full opportunity to show why his or her lease <br />should not be terminated. <br />