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<br />qescribed property and premises unto the said COX SOUTHWEST HOLDfNGS, L.P., for <br /> <br />the term of years as stated herein, upon the terms and conditions herein specified, shall be <br /> <br />Six Thousand Dollars ($6,000.00) annually, the first installment of Six Thousand Dollars <br /> <br />($6,000.00) having been paid in advance by said Lessee to Lessor, the receipt of which is <br /> <br />hereby acknowledged, and a like installment shall be due and payable on the 15t day of <br /> <br />October, 2006 and on the 151 day of October of each succeeding year to and including the 151 <br /> <br />, <br /> <br />dayof October, 2029. Provided however, commencing on October 'I, 2006, and annually <br /> <br />thereafter on each anniversal)' date of the Lease, the amount payable by the Lessor to the <br /> <br />Lessee shall be adjusted to reflect changes in the Consumer Price Index (CPI-U ALL) for the <br /> <br />Dallas/Ft. Worth Metroplex Region 6 Bureau of Labor Statistics for each contract year. For <br /> <br />each year's adjustment. the CPI base month used for calculating each adjustment shall be <br /> <br />March of said year. <br /> <br />4. Lessee shall pay to Lessor or order at the ortice of the City Clerk. in the City of Paris, Lamar <br /> <br />County. Texas, the above described and mentioned annual payments when due strictly and <br /> <br />promptly and without neglect. c1cl~lL1lt or delay. <br /> <br />5. Any buildings, installations or improvements ofany kind orcharacter made and erected upon <br /> <br />the leased property and premises by Lessee shall be and remain the property of Lessee. shall <br /> <br />not attach to or become a part oflhc realty and may be by Lessee removed at any time prior <br /> <br />to the expiration or other termination of the Lease. <br /> <br />6. lessee shall not and may not assign this Lease or sublet the leased property and premises or <br /> <br />any part thereofwithout first having had and obtained the appro\'[lI thereofby the Governing <br /> <br />Body of the City of Paris. <br /> <br />7. Except as otherwise provided herein, Lessee will not use or permit the use oran)' part of the <br /> <br />AIlH.'IHled Lease Agreement. Page '2 <br />