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r-u"...vJ....L..C- L.UI'U'I. I.Jl:.v. rd.);, .Dl.L-4':;jU-..:!~.)1 U8!03!pg 0>>:&3 t:\1 Sl~ B3Y 8Y3U Hug J) J SB.t8.81< 9 '96 8:40 P.02/02 l1li01 --.. - -.., . Lease lb. 8S1G-l ____ LEASE AGREEMENT "'9~'t lllllde Octobor 2 L . 1991 , by and be~ween 1);1" " n;>vid Sc:..),bCrA' IJlld I)t.nnl~ ~acldon-.-- /"'LeS$or"). Ind Na@gelel)utdoor Advert~';ng. rric.:-T"L4fs~see" j . 1. Premise" The Lessor. 4S owner or ftgent of tnl owoar. of the following prP.1ltses: --- Street Addrt!!U: 3104 Nort.h FAlr'vi.e1o' C1't.Y or 1'own= 1la~.r.Ye ___.n.._.. ............-... Lega' Desc,.i pU Oft , ~~"""'I'Q~:I6:'X:X -"'-- 1 n 'the coun~YMelCrsftC>>t, ~.",...cy . Stl~C of Mi nneliot-A . does he'1"cby It;,a~L~~ grant eJ:cIUS1vely 'to \:"0 Lel~, that pOrtio'ii""'Of't1ie prem1 sc;-r-' necessary to atIIia ,( 1 ) outdoDr advertising st.ruct.Ure/s) With sufl'ic'ient access to a110w Lessee tD service and ~1ntlin such structure~). ~ 2. Term. This lease shaH be for a term of (t.L) yearl /)@!Jfnni\IMoft ~~X 4'IX~aI~IU( Novomber J . 19}1 . 111111et......, U "u, 1I.e1" and sha1l automatically ranew trom yelr to year. thereafter Wf~" the u~s~and1ng tnat ~~~ ~ tatal renewal periods shall not exceed ten ,yea,.r;. ~I~i\~t."" \.1J' 1..9CJ1)oQ"'J. Renta1. Ye.rly rental shalt be ~ r'lundl'etl and Nnjl00 _________________ (~O-::-..:;:.~ Dollars plI,Yable N_~/year y/cplH~u"OIII tlle Oft"ce !If lesU!!. --- ~1t<<:~IiIIfIa<<I8W[ttM~x~~~lxx.rX"XXxXXXXJCJCXX"~.!tNI8...bxiecnl[xxx ~H'f*<<.t.~XX'*_..UfIiX:X>:gttdbl_=_((.x.~/Ipt'IOC~1RI1C~ItnftlJOti'i'DPr aJX~I~~IIIIdJIxr.ut_k~~~JaJlK:!II1p'~'r~l(Ns-uxn:x ~~~<<~~XXXXXXX . 4. pr~er1;y. As betWl!l!n Lessor and lessee a11 sl:ructures, eqllfflllK>nt 1I"t! materials p aced upon the premises iha11 rcm~in the property of l@SSfe and Le~see is granted the riQtt to rellOve Salle frOla Lessor's pretlises w1thill 6 reasonable plr1cd of t1me after the &xpir~tiDn of th1s lease or any ~newll thereof. 5. Hold Harm1ess.. lessee sha11 lave ~he Le.SO~ "a~lesl from all d~ge to persons Dr property 6y reason of aoeideftts ~esu1tiftg from tht n8911gent Icts of it~ agents. employees or others enp,oYed 1" the construction, moin~nance. repair or removal of its signs on ~he premises. 6. CDndeMn.~'on. In the event of condeqq,tiQn or direct purchase sAte to a goverftlental ageacy While thi, 1.al. 1$ optrlti'l. Le~,ee agrees to make no claim to any ~rooeeds due les~or as a ~sult Of the condllnation. but retains a right to pursue compensation due it as a result of the taking and Lessor agrees tD tate no ~ction inconsistent ~th Lasse,'s r;~$ herein,statud. 7. (ance11a~fo" of Le.se. Leise. - If the view of the prenrtse~ or advertising sign or 51 !InS er8CUC! bereD" -is pllrt1al1y or whoHy obstrvc:ted. Dr their adverti s'lng value impaired or dfarlnished by ~educed vehicular circulation, or the use af such signs 15 prevented or restrfcted by law. the L.s~. m~ ingediately, at its gption, cancel this 1ease end receive all rent paid for thl unex~ired term hereDf. by giving the Lesser not1ce in wr1ting of 9ueh obStruction, ;~airment. pr.vention or restr1ction of use. 8. Lessor',$ Reresem:ilt1ans. Un1es5 s~ectf'fca11y sta'ted othe-n"iu herein, the Lessor represen1;s an warrants tnat LeSSDr is @1ther the owner or the agent of the owner of the prem1ses above described. has fu11 author1ty to make tni~ lel,e Ind covenants thlt Lessor w1l! not permit a"y adjoinina premfses owned or contro11ed by Lessor, to b. ~5ed for ildv&rt1s1ny purposes or permit Lessee's signs to b. obstructed. In the event of any transfer of Lessor's 1nterest in ~ho above described pr~i'es, Lessor agrees to promptty give Leisee notice 0' such transfer to del1~r to Lessor's transferee writ~n notice Df the existence of this 'ease and A COpy thereof. 9. Entire ~r.em8nt, It is ~xpre5sly understood ~hat ne1ther the Lessor nor the Lessee is"Do~nd ~ any st1pulat1ons. representations Dr ~g~eements not print.d or written in tni5 leose. This lease shall inure to the benefit of and be binding Qpon the persanal representatives. succossors and assigns of the parties h.rlto. provided t'lOWIlilver that this 1ease ;shal1 not be bi"d1ng upon iJny secured pa"'1;y unt11 delivery Df written not1ce to the parties hereto by sueh se~ured party. 10. Mi&cellaneou5. .. ------- -- --......... ~ -- ----------... , . .-.. --..- -. '.- ... .----.--- .-..---- -- --...--... -". . . ....- ......... -.- ..._-------....... ----.. .---.- f\ccepted this _Z.L_ dll,Y of ~~::!L....-, 19.9l.. LESSEE: Ap~rDved by: Haegele OutaGor Adver~'s1ng. Inc. a . \.I~ -G' ~ y. rfi-~ lfai1lg'er--.' -. .--..--:- Agenc of Haeg~'~ Ovtdoor Advert1i1n9. inc. By; Ii, ~:cfs"~ ~r=-. LESSOR: '"bPw ~<:.~ f_ .h.... . €.. S';:^~1\b- ).... ......." ~1)0f, ~~~~J1/~"~. 668 s~~rLve C'Olw4i';T&YtciI"!'I'I"t~~T-' , , .-. . - Wares:;) .--.. .. -.. -. '. -, . . , , Soc;al Securit,y or Fed. TO' 'f:J~~-~"!)2..L.t a\.~ 4J JJ\