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<br />hereby given and granted to LESSEE to renew and extend this lease <br /> <br />for: an additional period of five (5) years from and after the <br /> <br />expiration of this agreement, for and in consideration of the sum <br /> <br />of $13,265.00 payable in equal annual installments of $2,653.00 <br />each, the first of which will be due and payable on or before May <br />15, 1997, with a like payment being due and payable on or before <br />the 15th day of May of each year thereafter during the term of <br />said five year option period. Said option may be exercised by <br /> <br />LESSEE's giving notice in writing of LESSEE's intention to renew <br /> <br />said lease on or before the 1st day of January, 1997. <br /> <br />Executed on this 11th day of May, 1992. <br /> <br />CITY OF PARIS, PARIS, TEXAS <br /> <br />4-U0~ ~~-u <br />orge Fisher, Mayor <br /> <br />ATTEST: <br /> <br /> <br />APPROVE~TO FORM: <br /> <br />J~~ <br /> <br />T. K. Haynes, City Attorney <br /> <br />LESSEE <br /> <br />C _nfLL~ [rJ!~ <br /> <br />CAREY ETH~RLY 1 <br /> <br />STATE OF TEXAS ~ <br />~ <br />COUNTY OF LAMAR ~ <br /> <br />BEFORE ME, the undersigned authority, on this day personally <br />appeared George Fisher, Mayor of the City of Paris, Paris, Texas, <br />known to me to be the person whose name is subscribed to the <br />foregoing instrument, and acknowledged to me that he executed the <br />same for the purposes and consideration therein expressed and in <br />the capacity therein stated. <br /> <br />GIVEN UNDER MY HAND <br />Ma~~/>992/.////////////////; <br />/ .-";:;~';'''u''' ALICE M. PINAL TO / <br />~ !~oi"""""\, NOlary Public ~ <br />~ (. ... Slale 01 Texas ~ <br />~~~LtA'g]1:~~~E:&~ - <br /> <br />~~///////f'/"'~///////// <br /> <br />AND SEAL OF OFFICE this 11th day of <br /> <br />C2t -. ~)%. r2.J-& <br /> <br />Notary Public, State 0 Texas <br />Page 7 <br />