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40:; <br />contained herein and do and perform all of the obligations required <br />of Lessee hereunder during said first five year option period, then <br />and only in that event an option is given and granted to Lessee to <br />renew and extend this lease for an additional period of five (5) <br />years from and after the expiration of said first five year option <br />period at a rental rate- to be negotiated at that time; each of the <br />