09 - Maxey Rifleman Gun Club Lease Renewal

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described herein. Said policy shall provide full coverage as required by the Indemnification clause herein and LESSEE shall pay all policy premiums due thereon. It is expressly provided that all insurance policies required by this Lease Agreement shall and must be written and issued by a reputable insurance company or companies, authorized to write insurance policies in the State of Texas. LESSEE or its insurance carrier or carriers shall deliver a copy of any such policies to the City Clerk of the City of Paris, or furnish to said City Clerk a current letter or certificate from such company or companies evidencing the fact that such insurance is in full force and effect at all times during the terms of this lease and any extension thereof, and specifically noting thereon the LESSOR, its elected officials, officers and employees shall be named an additional insured. IV. DEFAULT AND TERMINATION A. Terminationes for Default. Should LESSEE default in, or fail or refuse to keep any of, the covenants, conditions, stipulations, and/or provisions herein contained, notice thereof shall be given by LESSOR to LESSEE, and, in the event such default, failure, or refusal has not been corrected or performed within thirty (30) days from the date of such notice, unless said default cannot reasonably be corrected within thirty (30) days in which event the default must be cured within sixty (60) days, then this Lease maybe terminated at LESSOR'S option, and LESSOR may re-enter the leased premises and remove all persons, property, and effects therefrom, all and every claim for damages for or by reason of said re-entry being expressly waived by LESSEE. B. Termination for Convenience. LESSOR may terminate this Lease Agreement for convenience at any time and for any reason deemed necessary or appropriate by the Paris City Council, upon sixty (60) days written notice to LESSEE. Upon receipt of said notice, LESSEE shall vacate the Premises and remove all persons, property and effects therefrom. C. Upon the expiration of this Lease Agreement, or upon earlier termination of the Lease Agreement, LESSEE shall remove all personal property or equipment not permanently attached to the Premises and shall remove or remediate all lead or other environmental contaminants from the Premises to the satisfaction of LESSOR. V. GENERAL PROVISIONS A. Renewal and Extension The initial term of this Lease Agreement shall begin January 1, 2019 and end December 31, 2023. Thereafter this Lease Agreement may be extended for an additional five (5) year term upon mutual written agreement of the parties hereto. B. Upon the expiration of this Lease Agreement, or upon earlier termination of the Lease Agreement as provided herein, all improvements made to the Premises shall become the property of LESSOR. C. LESSOR shall have the right and privilege of using any portion of said Premises for sm