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<br />utilize the tract, or any portion thereof, for the above specified purposes. In the event of either <br /> <br />of the above contingencies, the LESSOR shall have the option pursuant to Paragraph 8 of this <br /> <br />lease to satisfy its obligation of compensation to LESSEE. <br /> <br />17. The terms of this lease are binding on and the benefits herein inure to the heirs, <br /> <br />administrators and executors of LESSEE. <br /> <br />EXECUTED ON the dates shown in acknowledgements below. <br /> <br />CITY OF PARIS, LESSOR: <br /> <br />BY: <br /> <br />~~~~- <br />" CHAEL E. MALONE '\ <br />City Manager <br /> <br />ATTEST: <br /> <br />Mattie Cunningham, City CI <br /> <br /> <br /> <br />APPROVEI;JS TO FORM: <br /> <br /> <br />J~ ~"<2~ <br /> <br />, T. K. I-Jaynes,; 'ity Attorney <br /> <br />LESSEE: <br /> <br />411~ ~~ <br />WILLIAM T. BOOTHE <br /> <br />STATE OF TEXAS } <br />} <br />COUNTY OF LAMAR } <br /> <br />BEFORE ME, the undersigned authority, on this day personally appeared MICHAEL <br />E. MALONE, City Manager of the City of Paris, known to me to be the person whose name <br />is subscribed to the foregoing instrument, and acknowledged to me that he executed the same <br />for the purposes and consideration therein expressed, and in the capacity therein stated. <br /> <br />GIVEN UNDER MY HAND AND SEAL OF OFFICE, this the -U!b. day of <br />~,... , 1994. <br /> <br /> <br />-lU1CG jtlhA.l~ <br />Notary PublIc, State of Texas <br /> <br />6 <br /> <br />, :11 <br /> <br />I!I <br />II <br />