1690 RES CITY COUNCIL LEASED AREA KNOWN AS FAIR GROUNDS TO RED RIVER VALLEY EXPOSITION

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per-sons, praperty and effects therefrom, all and every claiin for da- mag,)es for ar by reason of said re-entry being expressly waived. (14) Ail water and sanitary sewer pipe in, on or under the leased premises belonging to Lessor may be kept there if or until removed bv Lessor. (15) In the event Lessee sha11 keep eac11 and every agreement contained herein and do and perform all the obligations required of it he;reunder during the term of this lease, an option is hereby given and granted to Lessee to renew and extend this lease for an additional perioa of ten (10) years from and after the expiration of this agree- ment, which option may be exercised by Lessee giving notice in writing of its intention to renew said lease ninety (90) days prior to the expiration of the primary term of the lease. (16) Lessor is given and granted the right to place streets or utilities or drainage appurtenances in, on or under any of the pro- perty herein leased to the RED RIVFR VALLEY EXPOSITION, INC. (17) That the Lessor shall have ttle right and privilege of cancelling said lease by giving notice on or before the lst day of July of any year, either during the primary term or during any ex- tension hereof. (18) That Lessor shall have the right and privzlege of using any por_ tion of said pr. operty so leased for functions sponsored by the City of. Paris or any depar.tment thereof, which function has been approved by the City Council of the City of Faris, al.l of which func- tions shall be conducted on a non-inte.rfering basis vvir.h tlie annual Fair conducted by the Red River Valley Exposition, Inc. (19) "Ihat Lessor sfiall have the ribht and privilebe at i_ts oprion to tez minate thi s lease as to r_he entir_ e tracr, oz- any- part thcraof, in ttle event Lessor desires to use tlie property, or any poi-tion thereof, for- necessary municipal functions, such as enlargin;