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(4) The lAs3ao shall koap and preserve, and when rOluest6d willat'6l1 raflson-
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(3) The lASSOd shall not be relu ired to make 3ny lloJrments tC))' turpontine or
naval stores operations on timber oUllped heraunder prior to l!ovember 10. 1927.
able times exh1l>i t to the lassor 'full. oomplete ond &OJurnte tally sheets end l'euords
13howing in dotoil the numbtH' bnJ,lfloution ot all cups pltlod,; upon seid lLnds f'rom
timd to time during the term of this 10688.
(5) .upon the tailure or refusal of the Lessee for any reason to r'll:.ke (,ny pay-
c:.ent, or upon its :failure to perform. comply with or abide by l:.n~: other of tohe
s'jveral obligotlons on its pnrt to bo performed. kept or abided b:.: hel'eu!,der as
heraln expras'11~' provided, and i t ~alng tmd remaining in e.~l such default fo r e
period of' n:naty (90) days after written notice speoifying said default, tnen in
suoh event (ti;r- oeirtJ; stl'iotl;r 0:' t:10 os;oailco hl;lr.::of) tho 1.e.3:30~ shall iri:!o.Ji&.tul:;
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caaSd flr.1 terr!linate its turper.tine "ni; naval stores opol',.ticn on all of s!:!d l~r.ds,
save tha tit :nay GOIl.tinue tile orops there tofcra puid for. [.rod ahall huve no cth!ll'
or ~rther rif'ht therab~tor to :.96, eX~l'aisa or onJo:' &n;; of tho riehts of privileg-
as in any of shid lunds hertlunddr, provided onl:: t!lbt if 1.essee shall at any time
-,'Iith!r. tha further period of ninety (90) dro::s r.axt therer.ftel' ~"':' to L~s~('r ell
amounts tl,an inde.fbult or errears, \'lit~l i::tl.::'a:~'; ';~I''::'--30n 2.t t~e Idgal rl.te from
the dattl 9!Jr:la Wal'd due h':3r,jumler Lnd shull ~\<.11y .r, ~OMpletely br.lend &00 t,dJust
all oth~r defliults an:.: b:'oiJch,;;s of t1.~ir' oollg&.tiolls htll'dUI'!der, thtm existing, cl;d
s:la1< in aV-j:'Y oth...r 1!!L11n~r I1nd l'dS;&H,at with:.r! sU'Jh additlrnal ;J!}riod f1.:.11;.- <:7.CI~-
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drate the:nselvtls on aoaount of ell t:leil' d~fe.,-.l'.;s ~:i~r. dxisting hl.:r~u,rder. ~?1.el:,
b'..l.t und~r no other JonJi tlons t maj' thd 1.~sstJe riJS',li'l-.) t:nd Ol'nt!.mlo -:;ho t..3d ar.d
enJO~;.:h;JIlt of' i ts l'ig~t9 in saB l&l:d 9 t:nd tinDer he:;,~ou,ndp.r.
:.cd it ie di3tinotlj' fiL::'''~i;d t:wt in the O'{;:)Ilt of [;.n~t such d~fU1.:.1~ en ';;:e
1>art of said Lasso':; and of its ':.'t.i1u::.-e to <lor~ple';olj' 8nd f'.lllj' tn:O:'1.:::ra-:;e {,r,<j re;:-;e:;:'
':;:'9 sane within Suid ae5ra~c;te i1eriod o~ cn'3 hund:.'ed eiG:lt~' (180) d<.tys a;'ter tile
h(;.~panincl of s::.a!l d.)fault. then, upon the ax)iruticn of such 6.Ct:rdct:te lleriod, ~.!;e
L~ssor ~a;r at its o~tlon on ten (10) dnye writt~n notice to INssee ter~:nate all
right. llcens~. privilege:> ..nd property of' the Lesse!3 in and to the lands. tre,~s
6.nd timb'lr hereinabove desoribed or herounder whioh at thtJ t!me of suoh notioe shall
have not been oompletely and f\lll~ )hid for h t the l.'utes t:m in th..: mc.r,ner hereinabove
stated. without prejudice of an;r rig:,ts cf aotion, if Ed.:', for non-perfornH,Ot; or
breach of thls instrument. provided that 1r. t:id 'jv'jr.t of 9.lch tQrmination 'of the
Lessee's rights in any part in ~u~h tre~s. timol;lr and lands as bbove s~t forth, the
Leil8e~ shall have the rieht, within a rabsor.a.ble period, not exoeeding thirtJ" (;.JO)
days from thl;l date cf thd expiration of said ten (10) days notloe to remov~. &t its
o'''n eXl)enS6, all of the build ings um simil~r i!:1prOVdoents which 1t 1IIE.i~ have pl&ced
u~on the lands, liS to whioh this lEllise sholl have oeen terminute..l by virtue of suoh
default and notioe.
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The Lessor, for the oonsir.ierutlons uforeaa.id, dOIJS heruby oovenunt am
agree with the Lessee as tollowa:
!hat it i8 the lawfUl owner ot tile above gr&nt~d rights, privileges bod eaaemants
on said lbnds and pine trees, subJeot only to the above desorlbe4 oontr&ots. bnd that the
Lessee may have the {\L1et am undisturbod enJo;(i1lent and use thereof sU);)Jeot only to the
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