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<br />. <br /> <br />e <br /> <br />.. <br /> <br />-5- <br /> <br />Y10 <br /> <br />e <br /> <br />'Rhea {4$m of tbla leu~ is ~OIt & period beqbmbq on <br />tibe 2!rstt Clay Of, "Julyu 19'~8q and en~lng' on the 30th day of JUIl'BSo <br />1987 (prov!d$d, ltow61ve:rq ~a_ LBSSOR dOl&(lD give and gt:M't to <br />LlSSBE the option ~o r.na~ its le~seon said pr~i8so fc~ ~n <br />s.M1t.ional ~0gm of ~A"e (5) yea:&rm frOJD and aftar the 3l0~ day <br />of Jun$u '1'81, mt an annual ~Qft~a1 as heretnaf~0r pKov1de46 <br />LESSEE shall als~ hava tho op~1on to ~enew sald l~Q~Q f@r Q <br />second five-yeu period oommencit'lg on ~els~ day of Ju1yo <br />1992D LISSSt:c shall pe~c:diS$ saUl opt1on (8) by glv:18n9 LESSOR <br />w~i~~en no~la~ of his 1nte~~1on to ~enQW no~ late~ than e!xty <br />(60) daye prior to th. expiration of the ~Letin9 le~e3 or <br />X'enewal tbsX'tlPof 0 ,Annual 1i:ent.ml for ,tnG! t.@m of <iaoh 1e'(!lIM~\<isl <br />option per-tea_hall be at tba th$n ~8t&b11~hed cur~~~t ~snt~l <br />ri).~em at: th$ Ail.'Po&"~.. provic!<ad 0 however 11 t.hat. such rGllll~il1o <br />shall noflt b19 las$ ti'lq'the 2Mual :rell1~a.l during 'the primary <br />~~~ hereofq as p~ov1de4 in 'a~agraph VIl~ <br />UpOn tb~ ~plraticn 4$t$ of th1s leas~ O~ &bY ~~e~al <br />lOr sxtsns10n har4!C)f, no neUce to quit. poaS8G8!olll shmll ~ <br />l!1sceII IlUi\%y , il~d :LESSEE c::ovslU1nts to peaceablYlIurrelijd<n&' poZl~$e'" <br />.sion of tba pa-elllises 'to LBSSOR on t.h&~ da~Go <br /> <br />VIla <br /> <br />As %:ent, ~or th& '\186 iU\d occupancy af ~Cla lEl&S1C&4 pra- <br />mls(!lsq LBSSEB hereby agreesq binds and cbli9a~GII l~lll&llE ~ pay <br /> <br />unto LESSOR ~fJ swn of Sixte<!m, Ifhcllsand Pive BundX'lSd lV1fty-~ <br />WM1 82/100 Do 1 lar$ ($1',552..82); which shall b~ payable in <br /> <br />e <br /> <br />annual instalAm~nu8 a~followal <br /> <br />'.fha sum of Bight Hundred SGDvsnty-One Dcllul!l and <br />Twent.y Cents ($811.20) sball be paid in gash, upon <br />execu~j.on. of this lease" and <br /> <br />The tZuJ:'tber$U1D of Eight: HW1d~e4 Sevellllty-On61 DOllair:1iJ <br />and Twenty Cent.s ($871020), shall bra pai4 annually An <br />advance, on the fiJ:8t da1 of July 11 1969B and thE}n'" <br />aft.er 0. ~e ls~, day Qf 3uly of each and eV<Iil%'y <br />