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(9) In the, event laid station. 1mprove~ents and equipment 8hal~ be totally destroyed by
fire or aotion at the ~lements. or. due to suoh oauses. 8hall be rendered unsa1e and unfi~
for the tra~saotion o~ business. tes~or shall have sixty (60) daYI to rebuild the same and put,
suoh station. improvements ~nd equip~ent in proper oondltion tor the tr~nsaotion ot business.
and upon tailure or refusal eo to do, Le8see shall have the right to oanoel this lease; it
being understood that the payment of rentala hereunder shall be abated during suoh tim'9 as
the oonduot at business by Lessee is suspended tor ~ha reasons speoitied in this paragraph.
(10) Lessee oovenants and agrees with Lessor that at the expiratIon 01 the term ot this
lease it Will ylell up the premlsee to Lessor Without turther notioe in as 8130d oondition _.
when they ~ere ontered upon by Lessee. loss by fIre or other elements, inevitable aooident.,
reasonable wear and tear and depreoiation through use exoepted.
(11) NotwithstandiD8 any and all of the above. it Is understood and agreed by and between
the parties hereto that this lease is to beoome etteotlve and binding upon Lessee only upon
Lessor furnlshiD8. At his own expense, to Lessee, for examination, an abstraot of title oerti-
fied down to the date hereot, or an opinion at title of a reputable attorney addressed to
Sino1air Retining Company, showing suoh title in Lessor a9 will authorize him to make and
enter into this lease and to 0011eot all rents and payment~ hereunder, free and olear at all
liens and demancls against Lessee made by any per,son or persons wholl1soever. In the event Lessor
shall fall or refuse to fnrnish suoh proot of title, and Lessee shall not eleot to waive same,
this lease, at the option ot Lessee shall beoome abaolutely null and void.
(12) In oonsideration ot the premises Lessor hereby gives and grants to Les~ee the exolusive
option and privIlege ot e%tending the term of this lease for 8 ~ther periOd ot two (2) years
at a rental of One Hundred ($100.00) Dollars per month, it it shall so desire. upon giving to
Lessor notloe in writing ot ~ts desire to 80 extend the term of this lease ~or said perlDd of
two years not later than thirty days prior to the ;:xpiratlon date hereof. Upon the giving
of the notioe aforesaid the *1~hin lease shall be extended for a further term o~ two years and
all or the oonditions hereot shall be applicable to and remain in toroe for sRid period. ex-
oept the rental for said extended term shall be at the rate ot One Hundred ($100.00) DollRrs
per month, and the exeoution o~ & new lease between the parties for such extension of the term
at this lease shall not be required and the lease shall be of ,the same foroe and effect as it
originally l";.Q.de tor a ~u11 perioc1 of five (5) years.
(13) It Is understood and agreed by and between the parties hereto that in oonsideraticn of
the premises Lessor bereby gives and grants to Lessee the e%olusive option and prl~ilegeot
purohasing the above desoribed premlses and all improvements, buildings, struotures, equipment.
applinnoes. turniture, fixtures, and other personal property for the sum ot SIXTEEN THOUS~ID
MrD HO!lOO ($16,000.00) DOllars, in oash, at any time durin& the first year of the term at th18
lease; and, In the evantLessee shall eleot to exeroise the optIon herein granted by ~he Lessor
It shall give to Lessor sixty (60) days' notioe in writing of such eleotion. and Lessor shall,
within fi~teen (15) days after the reoelpt at suoh notioe, at his expense, furnish to Lessee
an abstraot ot title to saId premises, oertifled down to the date ot the exercise ot said
option, Showing a tee sImple title, without liens or enoumbranoes, in Lessor, ~d further
' fixtures.
furnish pro at that all improvements. bUildings, struotures, equipment, applianoes, furniture,/
and other personal property are tully paid tor and that there are no Ilene or enoumbranoes
against the same, and Lessor shall exeoute a bill of sale with ~roper warranties to inolude
all the personalty looated on the demised promises, and upon payment ot the agreed prioe here-
in designated, in J8sh, shall deliver to Lessee or to whoQsoever it may deolenate a general
-.rran'7 deed tor said premises and all thB i~ft'8ment8, and appurtenanoes thereon 81 tuated,'
oonyeylng the title hereinbetore speoified to Lessee. and shall turther dellver proper bill
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