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4escribsd property 10 premises unto the said COX SOUTHWEST HOLDINGS, L.P., for <br />the term ofyeais as stated herein, upon the terms and conditions herein specified, shall be <br />Six Thousand' Dollars (56,000.00) annually, the first installment of Six Thousand Dollars <br />(56,000.00) having been paid in'advanee by mid Lessee to Lessor, the.receipt ofâ–şwhieh is <br />hereby acknowledged, and a like installmeet shall be due and payable on the In day of <br />October, 2006 snd on the i"day of October of each succeeding year to and including the 1" <br />day of October, 2029: Provided howe«er. commencing on October `1.2006, and annually <br />thereafter on each annisvmry date of the Lease, the amount payable by the Lessor to the <br />Lessee shall be adjusted to reflect changes in the Consumer Price index (CPI -U ALL) for the <br />Dollas/FL Worth Metroplex Region 6 Bureau ofLabgr Statistics for each contract year. For <br />each years adjustment, the CPI base month used for cohculating each adjustment shall be <br />March of said year, <br />4. Lessee shall pay to Lessor or order at the office of the City Clerk. in the City o f pans. Lamar <br />County. Texas, the above described and mentioned annual payments alien due strictly and <br />promptly and without neglect. deroult or delay. <br />5. Any buildings. installatioiisorimproA-einentsofitny kind orcharacterniade and erected upon <br />the Jeosed property and premises by Lessee shall be and remain the property of lessee. shall <br />not attach to or become a part of fire realty and may be by Lessee removed at any time prior <br />to the expiration or other termination of the Lease. <br />6. 'Lessee shall not and nut not assign this Lease or sublet the leased property and premises or <br />any part thereof without first having had and obtained the approval thereof by the Governing <br />Body of the City or Pods. <br />7. lsxcept as othcranse provided herein. Lessee will not use or permit the use of any part of the <br />