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<br />LE SE,AGREEMENT <br /> <br />This agreement's made amd entered into by ~nd between Red <br />River Valley Fair A sociat' on! Inc., a non-profiF organization, <br />hereinafter referred to as LE1ssor, and Hopewell' Volunteer Fire <br />Department a non-pro it org ntzation, hereinafter, referred to as <br />Lessee. <br /> <br />For and in co sidera ioh of the mutual Ii>romises herein <br />expressed the Lessor and Le see do hereby agree to the following: <br /> <br />I. URPOSE OF LEASE <br />The Lessee wish <br />conduct bingo operat <br /> <br />s to 1 aSe from the Lessor c~rtain space to <br />ons li en~ed by the State of ,Texas only. <br /> <br /> <br />ITNESSETH: <br /> <br />II. PREMISES: <br />Lessor agrees t <br />Lessor the following <br />Time Bingo Building <br />Street, Paris, Lam <br />occasions per week <br />license. <br /> <br />lease no the Lessee agrees t~ lease from the <br />descri ed,property, all the floor area in Big <br />on th property, located at lS75 Fitzhugh <br />r Coun y,' Texas for the n1i1mber of bingo <br />as des gnated on the Lessee 1 s Texas Bingo <br /> <br />III. DUTIES <br />Lessor <br />utilities. <br /> <br />OF LESSO <br />shall <br /> <br />rovide <br /> <br />parking <br /> <br />facilities, <br /> <br />equipment <br /> <br />and <br /> <br />IV. TERM: <br />The term of th's leas <br />day of June 2005 to he 1St <br /> <br />shall be for a perio~ from the 15th <br />, <br />day of June, 2006. <br /> <br />v. CONSIDERATION: <br />The Lessee shal pay t e ~essor the amount o~ $250.00 <br />per whole session ( ingo 0 cas ion) , The consid~ration for the <br />lease of this buildi g shall be' due and payable monthly. The first <br />payment will be due a d paya lei monthly after the e~ecution of this <br />lease, with rent pa ents bing due and payable ~onthly each and <br />every month thereaft r, duri g 'the term of this lease . Total rental <br />for any month may not in any case exceed $600.00 pet bingo occasion <br />actually conducted b lesse during that month. <br /> <br />Lessee shall ma <br />Red River Valle <br />570 East Center <br />Paris, Texas 7 <br /> <br />e paym <br />Fair <br />Street <br />460 <br /> <br />nt to the Lessor at: <br />sspciation, Inc. <br /> <br />VI. REPRESENTATIONS OF LES <br />The Lessor agre s and a kQowledges that Lesse~ is a non-profit <br />organization as tha term s defined under the governing of the <br />bingo statutes in teState o~ Texas and that thE1 Lessee holds a <br />valid license to con uct bi go:within the State of'Texas issued by <br /> <br />E~HIBIT A <br />