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<br />said lease by giving the LESSEE thirty (30) days notice in writing of its intention to terminate <br />said lease, and LESSOR shall have the immediate right of possession to any and all properties, <br />improvements or equipment thereon located which may be disposed of by the LESSOR as it sees <br />fit. <br /> <br />If LESSEE shall at any time abandon such leased property and premises, or shall by and <br /> <br />means evidence his desire or intention to cease to operate thereon a used-car lot, the LESSOR <br /> <br />may, at its option, cancel this lease by delivery of written notice of cancellation, signed by the <br /> <br /> <br />City Manager of the City of Paris, without liability to LESSEE, his heirs or assigns, and in such <br /> <br /> <br />event LESSOR shall be entitled to and may dispose of, as it may see fit, any and all <br /> <br /> <br />improvements or equipment located thereon. <br /> <br /> <br />10. TERMINA nON <br /> <br /> <br />That either party may, at its option, terminate this lease by giving the other party thirty <br /> <br /> <br />(30) days notice, in writing, of its intention. <br /> <br /> <br />The terms of this lease are binding on and the benefits herein inure to the heirs, <br /> <br /> <br />administrators and executors of LESSEE and the successors and assigns of LESSOR. <br /> <br /> <br />EXECUTED ON the dates shown in acknowledgements below. <br /> <br />CITY OF PARIS, LESSOR: <br /> <br />By: <br /> <br />Michael E. Malone, City Manager <br /> <br />ATTEST: <br /> <br />Mattie Cunningham, City Clerk <br />APPROVED AS TO FORM: <br /> <br />T. K. Haynes, City Attorney <br /> <br />LESSEE: <br />