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<br />LEASE AGREEMENT <br /> <br />STATE OF TEXAS <br /> <br />COUNTY OF LAMAR <br /> <br />) <br />) <br />) <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br />THIS LEASE AGREEMENT is made this 14th day of October, 1996, by and between <br /> <br />RICHARD MARGRAVES, BETTY MARGRAVES, MARSHALL CALDWELL, and <br /> <br />DEBORAH C. PERRY, owners, acting by and through, RICHARD MARGRAVES and BETTY <br /> <br />MARGRAVES, duly authorized, hereinafter called LESSOR, and the CITY OF PARIS, PARIS, <br /> <br />TEXAS, a municipal corporation, acting by and through its Mayor, Eric S. Clifford, duly <br /> <br />authorized, hereinafter called LESSEE. <br /> <br />WIT N E SSE T H: <br /> <br />For and in consideration of the maintenance of the leased premises, the payment of all <br /> <br />utilities used, and the providing of liability insurance on the same by the CITY OF PARIS, and <br /> <br />other good and valuable consideration, RICHARD MARGRAVES and BETTY MARGRAVES <br /> <br />do hereby lease, rent and let unto the CITY OF PARIS the following described property, to-wit: <br /> <br />Situated within the corporate limits of the City of Paris, County of Lamar <br />and State of Texas, being located on the south side of Lot 6, City Block 126, and <br />being number 87 8th Street S.W. <br /> <br />The term of this Lease is for two (2) years, beginning on the 1st day of October, 1996, <br /> <br />and ending on the 30th day of September, 1998. <br /> <br />IN CONSIDERATION WHEREOF, it is mutually agreed by and between LESSOR and <br /> <br />LESSEE: <br /> <br />1. That LESSEE will use and maintain the described premises for office space. <br /> <br />1 <br />EXHIBIT A <br />