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<br />I' '" <br /> <br />. #' <br /> <br />. '. . .... <br />. "'.,...,.' <br />OU'J', <br />.,,- - <br />. <br /> <br />~;..v ~.y' f <br />'-".. <br /> <br />e. <br /> <br />, <br />\. <br /> <br />. ~.e <br /> <br />.....,., <br /> <br />AC:OO <br />~~-~~.' <br /> <br />^~u,j <br />O~:lIX' <br />'. .-'"' . <br /> <br />~ A.' <br />!O~ <br /> <br />West line of said out-fall ditch to the South <br />line of said Airport; <br /> <br />THENCE, in a Westerly direction along the <br />North line of Spencer Highway and the South <br />line of said Airport a distance of approxi- <br />mately 965 feet to THE PLACE OF BEGINNING, <br /> <br />upon the following terms, conditions and agreements hereinafter con- <br /> <br />tained: <br /> <br />1. <br /> <br />The term of this lease is from the date of this instrument <br /> <br />and ending on the same day of July, A. D. 1997. <br /> <br />II. <br /> <br />As rent for the use and occupancy of the leased premises. <br />Lessee hereby agrees. binds and obligates itself to pay unto the <br /> <br />City the sum of TEN AND NO/I00 DOLLARS ($10.00) and other <br /> <br />valuable consideration; and, <br /> <br />the sum of One Thousand Dollars ($1.000.00) <br />shall be paid annually, in advance, for the years <br />1966. 1967. 1968, 1969 and 1970, beginning in. <br />July of each of such years, such annual install- <br />ments to become due and payable on or before <br />the same day in the month of July of such years <br />as this lease is dated; <br /> <br />Annual installments in the sum of Eleven Hun- <br />dred Dollars ($1100.00) each shall be paid, in' <br />advance. for the years 1971, 1972, 1973. 1974 <br />and 1975, beginning in July of each of such years, <br />such installments to become due and payable on <br />or before the same day in the month of July of <br />each of such years as the prior rental install- <br />ments; <br /> <br />Annual installments in the sum of Twelve Hun- <br />dred Ten Dollars ($1210.00) each shall be paid, <br />in advance. for the years 1976, 1977. 1978, 1979, <br />and 1980, beginning in July of each of such years. <br />such installments to become due and payable on <br />or before the same day in the month of July of <br />each of such years as the prior rental install- <br />ments; <br /> <br />Annual installments in the sum of Thirteen Hun- <br />dred Thirty-one Dollars ($1331. 00) each shall <br />be paid, in advance. for the years 1981, 1982. <br />1983, 198-t, and 1985, beginning in July of each <br />of such years, such installments to become due <br />and payable on or before the same day in the <br />month of July of each of such years as the prior /' ,,/ <br />rental installments; / <br />