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<br />.---- <br /> <br />~,"AS," AGREf./-mNT <br /> <br />.- <br /> <br />. <br /> <br />This agreelllent of Leose, lIIode tills ::>nd. <br />by and between CITY OF PARIS <br /> <br />hereinafter deslgnoted "LI~<;SUR", porty of the first port, ond 'T'F:l(/OKO <br />OUTDOOR ADVERTISING , herelnofter designated "LESSEE", party of the se- <br /> <br />doy of MAY <br /> <br />A.D., 19.1!..a.- <br /> <br />cond port, WlT!lN,"SSETII: <br /> <br />'I. <br /> <br />Lessor does hereby demJ.se, lease ond let unto lessee the following <br />piece or porcel of lond, located in: LOT 6 CITY BLOCK 276 <br />PARIS 75460. EAST SIDE OF PROPERTY. <br /> <br />described <br /> <br />CITY OF <br /> <br />for the purposes of constructing, erection, building and maintaining advertising <br />structures and supports thereon, together with the right to bill-post and service <br />advertisements upon soid structures;-'i) 10' x40 0 BACK TO BACK <br />OR ANY STRUCTURE (LEGAL) NEEDED TO FULLFILL ADVERTISING NEEDS. <br /> <br />TO !lAVE AND TO !I0LD <br /> <br />assigns, for the term of <br />19 88 , at the ANNUAL <br /> <br />($ 300.00 ) Dollars per <br /> <br />of sum of THREE HUNDRED <br /> <br />unto the said lessee, his heirs, administrators and <br />5 (FIVE) 1st. JULY <br />years from the day of <br />1 f 11HREE HUNDRED DOLLARS <br />rento 0 <br /> <br />YEAR , payable ANNUALLY <br /> <br />DOLLARS <br /> <br />in advance, payment <br /> <br />($ 300.00 ) Dollars being hereby <br /> <br />acknowledged. <br /> <br />.- <br /> <br />2. After the term hereof, or any renewal hereof, this Ip.ase sh:Jll,automati- <br />cally renew itself from yenr to yenr, upou (layment of the rent in accordance with <br />the provIsions of pnrngrnph illle here.l.nobove, unless written notice of termination <br />hereof is gIven by lessor to lessee not less than thirty (30) days prior to the <br />end of the then current yeor. <br /> <br />3. Any and all advertising structures or parts thereof placed upon the <br />premises leased hereunder shall be .considered and remain personal property of <br />., <br /> <br />the lessee, and he sholl hove the right to remove the some within a reasonable <br /> <br /> <br />time upon the termination of thIs lease or any renewal thereof. <br /> <br />4. In the event that the lessee's signs located upon said premises become <br />partially or entirely obscured or destroyed without fault of the lessor, or if <br />lessee be prevented by law or ordinnnce or other official regulation from erecting <br />or hlaintaining its signs, then lessee moy. ot his option, terminate this lesse <br />forthwith, and lessor sholl refund to lessee, upon request, any rent paid in <br />advance for the unexl,lred term. <br /> <br />EXHIBIT A <br />