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m 20021 10/74 <br />3. Term'hereof shall begin with Ju ly 5 , 1979, and continue there- <br />after until concluded (lst) by expiration of thirty days following serving, <br />by Licensee on Carrier, or vice versa, of written notice af intention to end term hereof <br />or (2nd), at Carrierts election without further notice, by expiration of six <br />months without the Pipe Line having been installed or by Licensee failing (a-1) to cure <br />any default or (a-2) to show statutory right to install Pipe Line within - thirty <br />days following Carrier's written request therefor. Any notice of Carrier sha11 be deemed <br />served when posted conspicuously on Pipe Line or when deposited postage prepaid in U. S. <br />mail addressed as aforesaid. Not later than last day of term hereof Licensee shall <br />remove Pipe Line and restore Premises. Any of Pipe Line not so removed sh..all at Carrier's <br />election without notice be deemed abandoned. Covenants herein shall inure to or.bind each <br />party's heirs, legal representatives, successors and assigns; provided: no right of <br />Licensee shall be transferred or assigned, either volunta.rily or involuntaz-ily, except <br />by express agreement acceptable to Carrier. Carrier or Licensee may waive any default at <br />any time of the other without affecting, or impa.iring any right arising from, any sub- <br />sequent default. <br />MI5SOURI PACIFIC R.AILROAD COMPANY <br />WITNFSSE5 : <br />ATTFST : <br />By <br />General Manager <br />As Carrier, first party herein <br />BY Secretary CITY OF PARIS <br />(Affix Seal) <br />WITNESSFS : <br />ATTrsr: <br />Bv <br />City Manager <br />As Licensee, second party herein <br />-FT-U.~reene; <br />- 2 - <br />