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<br />LEASE AGREEHENT <br /> <br />STATE OF TEXAS <br />COUNTY OF LAHAR <br /> <br />~ <br />~ <br />~ <br /> <br />KNOW ALL HEN BY THESE PRESENTS <br /> <br />THIS LEASE AGREEHENT, made and entered into this 13~ <br />day of April, 1987, by and between the CITY OF PARIS, Paris, <br /> <br />Texas, a municipal corporation, hereinafter called LESSOR, <br /> <br />and KENNETH GIFFORD, of Lamar County, Texas, hereinafter <br />called LESSEE, WITNESSETH: <br /> <br />For the term and consideration, and upon the terms, <br /> <br />specifications <br /> <br />and <br /> <br />conditions <br /> <br />herein <br /> <br />prescribed <br /> <br />and <br /> <br />specified, LESSOR does hereby let and lease to LESSEE, <br />KENNETH GIFFORD, all that portion of Culbertson Park, a <br />recreation area owned by said CITY OF PARIS, bounded on the <br />North by Neathery Street, bounded on the East by 17th <br />Street, S.E., bounded on the South by East Hearon Street, <br />and bounded on the West by a fence running due North and <br />South from Neathery Street to East Hearon Street, which <br /> <br />fence is located on the West Side of the miniature golf <br />course now existing on the area involved, being the area now <br /> <br />under fence on the extreme East portion of Culbertson Park. <br /> <br /> <br />The term of this lease shall be for a period of five <br /> <br /> <br />(5) years from and after April 1, 1987, that is from April <br /> <br /> <br />I, 1987, through Harch 31, 1992, at which time and on which <br /> <br />date the same shall terminate, unless sooner terminated as <br />herein specified and provided, during which term LESSEE may <br /> <br />and shall occupy the same and use the same as an amusement <br /> <br />and recreation center, and for no other purpose, on consid- <br />eration of and for which, LESSEE, KENNETH GIFFORD, <br /> <br />contracts, agrees and obligates himself, his heirs and <br />assigns, that he will pay and deliver over to the City Clerk <br />