1995-093-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 10TH DAY OF JULY 1995

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III I, I I I. (10%) of said gross receipts, income from the operation of the miniature golf course, or any other amusement placed on and used in the aforesaid property. In the event that LESSEE shall keep each and every agreement contained herein and do and perform all the obligations required of LESSEE hereunder during the term of this lease, an option is hereby given and granted to LESSEE to renew and extend this lease for an additional period of five (5) years from and after the expiration of this ,Ii' 1'1.' "; agreement, for and in consideration of thp. delivery of monthly payments, on the 1st day of each month, to the City Clerk of the City of Paris, during the term of said five- year option period, a certified statement of the gross receipts accruing to and from the operation of the amusement center and each f ac i li ty thereof for the immed iately .:a/ preceding month, therewith paying and delivering to the City of Paris as rental or lease money a sum equal to ten per cent (10%) of said gross receipts, income from the operation of the miniature golf course, or any other amusement placed on 'and used in the aforesaid property. Said option may be exercised by LESSEE'S giving notice in writing of LESSEE'S intention to renew said lease on or before the 1st day of March, 1997. In consideration whereof, LESSOR and LESSEE mutually agree as follows: (1) That LESSOR let and lease to LESSEE the above described property and premises at the rental and for the term and consideration hereinabove set out, and upon the covenants and conditions herein specified. (2) If LESSEE shall at any time abandon such leased