Laserfiche WebLink
2�11�2�0� <br />of the lake. The boundary line of the leased premises abutting the Lessor's common roads shall <br />be reasonably determined by the Lessor. <br />8. Peaceful Possession. As long as Lessees conform with the requirements binding <br />upon them in this Lease Agreement, the Lessees shall enjoy peaceful possession of the leased <br />premises. <br />9. Improvements. The Lessees shall keep the leased premises in a neat and clean <br />condition at all times and shall keep all improvements on the leased premises in a good condition <br />of repair. <br />10. Abandonment. The Lessees agree not to abandon the leased premises. <br />11. Access for Installinq Utilitv Lines. The Lessor reserves the right to come upon the <br />leased premises for installation of underground or above-ground utility lines and the making of <br />necessary repairs or improvements to or abutting the leased premises. The Lessor agrees to <br />restore the premises to substantially the same condition as they were before any such installation <br />and at the Lessor's expense. <br />12. Access for Outlet Pipe. Lessor states that there is a 10" underground lake overflow <br />outlef pipe buried under the surFace of the leased premises at the location shown on the map <br />attached hereto as Exhibit "A". Lessees acknowledge that they are aware of the location of the <br />buried pipe. Lessees further acknowledge that the Lessor reserves the right to have unobstructed <br />access to the premises for the purpose of maintaining, repairing, replacing or removing the <br />overflow outlet pipe. Lessees further acknowledge that they cannot build a structure over the <br />space that the buried pipe is located. This access right belongs to the Lessor and runs with the <br />land and is binding upon all Lessees or other users of the premises. <br />13. Rules and Requlations. The Lessees agree to comply with the rules and regulations <br />as prepared and furnished by the Lessor to the Lessees, from time to time. Such rules and <br />regulations shall contain restrictions and limitations, for the mutual benefit of all Lessees at <br />Kuester Lake, pertaining to the use by the several Lessees at Kuester Lake of the lake itself, <br />common roads, and the leased premises. It is understood that the basic use of the leased <br />premises shall be for residential purposes, but the Lessor may permit, from time to time, <br />commercial activities on the leased premises. Any such rules, regulations and permits are subject <br />to change by the Lessor, excepting that the basic purpose of the leased premises as residential <br />shall not be abridged. Any changes in the rules and regulations must be approved by a majority <br />of the leaseholders present and voting at a meeting called for such purpose of which written <br />notice has been given to all leaseholders (one vote per Lease). <br />14. Occupancv and Use. Only dwellings intended for occupancy by one family may be <br />constructed upon the leased premises and occupancy by more than one family in any such <br />dwelling shall not be permitted. In no event shall the leased premises be utilized for any <br />commercia! or business enterprise. <br />For the purposes of the restricted occupancy herein permitted, a"family" shall be defined <br />as persons related by blood, marriage or adoption, and any persons residing in a committed <br />familial relationship to each other, even if not related by blood or adoption, together with any <br />children in any way related by blood or adoption to either of the persons residing in a committed <br />familial relationship. <br />15. Termination of Lease bv Default of Lessee. If the Lessees fail, after ninety (90) <br />days prior written notice from the Lessor, to remedy any default in his or her compliance with any <br />of the obligations binding upon him or her under this Lease Agreement, or under the Rules and <br />Regulations furnished him or her by the Lessor, the Lessor may, at its option, terminate this Lease <br />and retake possession of the leased premises but only after the following procedure has been <br />complied with: <br />(a) A special meeting of all stockholders of Lessor shall be called by <br />the Board of Directors of Lessor, and written notice of such meeting <br />and its purposes be given all such stockholders. Such meeting <br />shall be called for the purpose of determining by majority vote of the <br />stockholders of Lessor, present and voting, as to whether or not <br />termination of Lessee's Lease should be made because of a default <br />by the Lessees. At least ten (10) days written notice shall be given <br />of any such meeting, and the Lessees shall be given full opportunity <br />