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 claitn for da- expressly waived. ma-es for o:r by reason of said re-entry being (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 shall keep each and evPry aareement contained herein and do and perform all the obligations required of it riereunder during the term of this lease, an option is hereby given and granteci to Lessee to renew and extend this lease for an additional period of ten (10) years from and after the expiration of this agree- ment, which option may be exercised by Lessee givi.ng 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 RIVER VALLEY EXPOSITION, INC. (17) That the Lessor shall have the right and privilege of cancelling said lease by giving notice on or before the lst day of July of any year, either during the prirnary term or during any ex- tension hereof. (18) That Lessor shall have the right and privilege of using any portion of said pr. operty so leased for functions sponsor. ed by the Ciry of I'aris or any department thereof, whicll function has been approved by the City Cotmcil of the City of Paris, all of which func-- tions shall be conducted on a noti-iriterfering basis wirh tlie annual Fair conducted by the Red River Valley Exposition, Inc. (19) "Ihat Lessor shall have the ribht and privilege at its optioll to termi.nate this lease as to the entire txacr, oz- at7y part thc.raof, in the event Lessor desires to use the property, or any poi-tion thereof, for necessary mlmicipal funcrions, such as enlarging