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HomeMy WebLinkAbout0293 said primary term at the same rental and containing the like covenants and provisions as are herein contained, and the Lessee ~ ~ shall have the right to renew this Lease upon the same rental, covenants and provisions, upon written request and prepayment ` of rental, for additional ten (10) year terms until there have been five (S) such terms (including the primary term) extending over fifty ; (SO) years from the date hereof. The lessee h~reby covenants with the Lessor as follows: 1. That it will operate and maintain upon the leased premises a portion of its golf and country club and to use the ~ ~ same for no other purpose. If at any time the Lessee ceases i ~ to use the leased premises for such purpose then this Lease, at Lessor's option, may be cancelled and shall be of no further force i or effec~ 2. That it will not sublet, assign, transfer or otherwise dispose of or encumber this Lease or a portion thereof, without the ~ written consent of the Lessor. " 3. That it will quit and peaceably deliver up possession of the leased premises upon the expiration of this Lease. , The Lessor hereby covenants with the Le~seg as follows: , . 1. That upon the Lessee paying the rent and observing and performing the covenants hereinbefore reserved and contained, ~ ; i shall peaceably and quietly enjoy the leased premises and shall not i ~ ~ be disturbed by any act of the Lessor or any person claiming under : ~ ii. ~ ~ s ~ IN WITNESS WHEREOF, the parties hereto have caused t ' these presents to be sigrned in their names by the proper o#Hcers ~ . i ~ and their respective seals hereunto affixed on the da~? and year first ~ , ~ { above written, ~ I _2., ~~87 ~ ~ E . . _ _