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<br />for and in consideration of the sum of $1,351.00, payable in <br /> <br />equal annual installments of $1,351.00 each, the first of <br /> <br /> <br />which will be due and payable on or before September 1, 1996, <br /> <br />with a like payment being due and payable on or before the <br />1st day of September of each year thereafter during the term <br /> <br />of said five year option period. <br /> <br />Said option may be <br /> <br />exercised by Lessee's giving notice in writing of Lessee's <br /> <br />intention to renew said lease on or before the 1st day of <br /> <br />January, 1996. <br />Executed on the dates shown in acknowledgements below. <br /> <br />CITY OF PARIS <br /> <br />By: <br /> <br />George Fisber, Hayor <br /> <br />ATTEST: <br /> <br />Mattie Cunningham, City Clerk <br /> <br />LESSOR <br /> <br />APPROVED AS TO FORM: <br /> <br />T. K. Haynes, City Attorney <br /> <br />TERRY McFATRIDGE, LESSEE <br /> <br />STATE OF TEXAS ~ <br />COUNTY OF LAMAR ~ <br /> <br />BEFORE ME, the undersigned authority, on tbis day <br />personally appeared GEORGE FISHER, Mayor of the City of <br />Paris, known to me to be the person whose name is subscribed <br />to the foregoing instrument, and acknowledged to me that he <br />, .. ~_~ .....t..._ _..__~___ __...:I _.,,__.:...:I........^~.:........... t-I-.""~",,,';..... <br />