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<br />hereby given and granted to LESSEE to renew and extend this lease <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 /> <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 /> <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 />~~ ;!-v4-u <br />orge Fisher, Mayor <br /> <br />ATTEST: <br /> <br /> <br />APPROVE~TO FORM: <br /> <br />~6f~ <br /> <br />T. K. Haynes, City Attorney <br /> <br />LESSEE <br /> <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 AND SEAL OF OFFICE this 11th day of <br />Ma~IIJ9~21.IIIIIIIIIIIIIIII~ r2 <br />I ,,'''''.'.'... ALICE M. PINAL TO I a Jt~~ <br />I "<'~' 'lit P bl' I · ( <br />~ !~O/,''''''' (-c. Notary U Ie I ~ ~ 1 . <br />I i* ,*. Slat~ ?' Texa~ ~ Notary Public State 0 Texas <br />~~~LF5fg'g1~~~~~~~ - Page 7 ' <br /> <br />~IIIIIIII/III"IIIIIIIII/ <br />