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LEASE AGREEMENT <br />This agreement is made and entered into by and between Red <br />River Valley Fair Association, Inc., a non-profit organization, <br />hereinafter referred to as Lessor, and Hopewell Volunteer Fire <br />pepartment a non-profit organizatian, hereinafter referred to as <br />Lessee. <br />For and in consideration of the mutual promises herein <br />expressed the Lessor and Lessee do hereby agree to the following: <br />WITNESS TO: <br />I. PURPOSE OF LEASE: <br />The Lessee wishes to lease from the Lessor certain space to <br />conduct bingo operations licensed by the State of Texas only. <br />II. PREMISES: <br />Lessor agrees to lease and the Lessee agrees <br />Lessor the following described property, all the <br />Time Bingo Building on the property, located <br />Street, Paris, Lamar County, Texas for the <br />o-ccasions per week as designated on the Less <br />license. <br />to lease from the <br />floor area in Big <br />at 1875 Fitzhugh <br />number of bingo <br />ee's Texas Bingo <br />III. DUTIES OF I,ESSOR: <br />Lessor shall provide parking facilities, equipment ar.d <br />utilities. <br />IV. TERM : <br />The term of this lease will be for a period from the 15th day <br />of June 2008 to the 15th day of June 2009. <br />N. CONSIDERATION: <br />The Lessee will pay the Lessor the amount of $250.00 <br />Per whole session (Bingo occasion). The consideration for the <br />lease of this building shall be due and payable monthly. The fi.rst <br />payment will be due and payable monthly after the execution of this <br />lease, with rent payments being due and payable monthly each and <br />every month thereafter, prior to the last business day of the <br />month, during the term of this lease. Total rental for any month <br />may not in any case exceed $600.00 per bingo occasion actually <br />conducted by lessee during that mor.th. <br />Lessee sha11 make payment to the Lessor at: <br />Red River Valley Fair Association, Inc. <br />570 East Cer.ter Street <br />Par.is, Texas 75460 <br />VI. REPRESENTATI(3NS UF LESSEE; <br />The Lessor agr=_As ar.d acknowiedges that LessPe is a non-profir <br />EXHIBIT J.. <br />- 0000217 <br />