O-1967-772 - Laserfiche WebLink

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,,' , / '. -10- .~ an arbiter,.',and such two arbiters shall select a third, and such three arbiters shall ~gree upon a purchase-sale price for said improvements. If LESSOR does not exercise its option to purchase said improvements, ,LESSEE shall have the r~ght to sell said improvements to other parties~ Any expenses incident to the con- duct of such arbitration shall be borne equally by LESSEE and LESSOR. XIX. LESSOR covenants that LESSOR "has good r~ght and lawful authority to execute this Lease, that throughout the term hereof '.', LESSEE shall have, ,hold and enjoy' peaceful and uninterrupted possessio~ of all of the Premises and Airport r~ghts herein and hereby leased and, granted, subject always to the payment of the rent and the performance of the covenants, as herein provided to be paid and performed by LESSEE. XX. Notices provided for in this Lease shall be sufficient if sent by r~gistered mail, post~ge prepaid, addressed, if to LESSOR, to the City of La Porte, Attention: Mayor, La Porte, Texas; and, if to'LESSEE, to Mr. M. L. Miller, 301 S. Idaho, La Porte, Texas 77571, or to such other respective addresses ,4It as the Parties hereto may des~gnate in writing from time to time. XXI. All references herein contained to LESSOR and to LESSEE, shall be deemed to include the heirs, successors, assigns, and legal representatives of each. IN WITNESS WHEREOF, the Parties hereto have hereunto s~gned and sealed ,this instrument in several duplicate originals, this the 1st day of July, 1967. CITY OF LA PORTE By: -=. ATTEST: :-" ~"".A ~ ~t"-.2 City Cl rk