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<br />HAY LEASE AGREEMENT
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<br />STATE OF TEXAS
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<br />KNOW ALL MEN BY THESE PRESENTS:
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<br />COUNTY OF LAMAR
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<br />THIS LEASE AGREEMENT is made this 14th day of April, 1997, by and between the
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<br />CITY OF PARIS, PARIS, TEXAS, a municipal corporation, acting by and through its Mayor,
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<br />Eric S. Clifford, duly authorized, hereinafter referred to as LESSOR, and BUDDY
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<br />KILPATRICK, Box 93, Roxton, Lamar County, Texas, hereinafter referred to as LESSEE,
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<br />WITNESSETH
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<br />For and in consideration of the sum of Seven Thousand Five Hundred and no/lOO Dollars
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<br />($7,500.00) cash, payable in equal annual installments of $1,500.00 each, the first of which will
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<br />be due and payable on or before the 1st day of May, 1997, with a like payment being due and
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<br />payable on or before the 1st day of May of each year thereafter during the term of this Lease, the
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<br />CITY OF PARIS has bargained and sold, and does by these presents bargain and sell, unto
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<br />BUDDY KILPATRICK all the grasses and hay now standing and growing, and to be grown, and
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<br />the right to cut and bale the same upon all that certain tract of land owned by the City of Paris,
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<br />situated in Lamar County, Texas, and known as the Lake Gibbons property, consisting of
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<br />approximately 175 acres of land in hay meadows, roughly depicted by the green shaded area on
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<br />Exhibit A, attached hereto, save and except 3.673 acres described on Exhibit B, attached hereto,
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<br />Said LESSOR does hereby further grant and sell unto the said LESSEE the right of ingress
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<br />and egress to and from said property at any time during the period of this lease for the purposes
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<br />of cutting, mowing, baling, removing, inspecting, improving, or fertilizing such lands.
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<br />The term of this Lease is for five (5) years, beginning on the 1st day of May, 1997, and
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<br />ending on the 30th day of April, 2002,
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<br />IN CONSIDERATION HEREOF, it is mutually agreed by and between LESSOR and
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<br />LESSEE:
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