Right of Way - Gabbard, June_7/20/2007:.a;
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'�y"��� K r� .,.f�;��.e c.. r � ��L•EASE �=AGREEMENT ' . _ . '
:��.�r:THIS AGREEMENT entered into by and between the Fish & Wild Life Conservation .
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Club of Princeton, Inc., to be hereinafter kno�vn as lessor and J u �� G abb ur d !�
O e��n G,b S o N �TT P.o S to be hereinafrer kno«r as lessee.
NITNESSETH:
NHEREAS lessor is the o«�ner of real estate l:no«n and designated as Lake Gibson in
Gibson County, Indiana, and,
L� . �VHEREAS lessee is desirous of leasing Lot No. l(o
as designated on the plot of Lake Gibson, for the purpose of constructin� and erecting and/or
.-_ maintainin� a cabin or house, thereon suitable for human habitation,
IT IS, THEREFORE, HEREBY AGREED BY AND BET�VEEN THE PARTIES
HERETO that for and in consideration of the sum of � �o . oo receipt of �vhich is
hereby acl:no�vledged, lessor does hereby lease to lessee Lot No. l(o of Lake Gibson,
���hich said lease shall remain in full force and effect durine the entire existence of lessor, its
successcrs or assiens, or until terminated as hzreinafrer pro��ided, subject, ho��•ever, to the
follo��'ing conditions and limitations:
1. The annual rental for said lot shall be the sum of � 00 • oo pa}�able on or
before iune 1 st of each year hereafter. Failure to pay such rental on or before the due date
thereof shall, afrer 30 days notice from lessor, cancel this lease agrezment u�ithout fuRher notice,
and any and all buildings, structures and/or improvements shall become the property of lessor if
not removed �� ithin 90 da�•s of said cancellation
2. Before enterin� upon any construction of am� nature �vhatsoever; lessee shall
submit to the Board of Directors, or any committee designated by it, a complete set of plans for
the proposed construction, and no construction shall be commenced until said plans are so
approved. Failure to compl}� �� ith this provision shall work as an immediate forfeiture of this
lease.
Lessee agrees to save lessor harmless from any liability for mechanic's liens or
other cfaims as a result of any construction or improvement on said lot. In the event any
mechanic's lier is filed and lessor made a party defendant, lesse> a�rees to pay ar.y and all cos?s
and espenses incurzed by lessor, including lessor's attomey fees. In the event any mechanic's
lien is foredosed and the final judement remains unpaid for a period of 1� da}�s, lessor shall have
the ri�ht to satisfi� saidjudement and upon so doine this lease shall become null and void and any
and all improvements on said lot shall become the absolute property of lessor withou[ any
reimbursement to lessee.
4. Lessee shall construct in an}� dwellin� a suitable toilet to�ether �vith a properly
consmicted septic s_�'$tem adequate to take care of all ���aste, from such d�vellin�.
�. Lessee shall be permitted to construct an outside toilet if 11�LS1�� so desires, but
said toilet shall be approved by the Boazd of Directors, or any committee designated by it.
Drains from sinl:s shall be directed into suitable pits and lessor a�rees to keep such pits,
includine toilet pits properly cleaned with expense to lessee.
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6. This lease is subject to all by-laws and ground rules adopted, or to be adopted, by
�sor and such by-laws and ground rules are made a part of this lease agreement by reference the
me as though said by-laws and ground rules were �vritten into this agreement.
7. It shall be the responsibility of lessee to keep himsel_ f/herself informed of the
n�isions of the by-laws and ground rules of lessor and any changes made therein from time to
time. In the event any lessee shall bz expelled from the Fish &�Vild Life Conservation Club of
Princeton, Inc., this lease shall terminate immediately and upon such termination any and all
improvements shall become the absolute property of the lessor without compensation to lessee, if
not removed within 90 dave of termination
8. Death of the lessee shall terminate this lease. Honever, the heirs of lessee shall
have the first option to execute a lease for said lot under the same provisions and conditions
prevailin� at the time of lessor's death. If the heirs of lessee do not desire to esercise their said
option, then the lessor shall have the exclusi��e right to purchase any and all improvements on
said lot. The value of such imorovements shall be determined by three appraisers. one of �vhom
shall be appointed by lessor, one b}� the personal representati��e of lessee and the third by the ���
ap raisers, and the amount so fixed shall be binding upon lessor and the personal representative
oflessee.
IN �VITI�'ESS �VHEREOF, the parties ha��e herzunto set their hands and seals this
2 G� � da}� of �P f; l , 20�
Attest:�q��% �,� ��J
Secretary
Les�s .�'�, � ,,( 1 c�,C,-G-iuL�
Fish & �Vild Life Conservation Club of
Princeton, Inc.
By � ,�'
res�dent
�1� ����
Lessee
STATE OF INDIA\'A, COIINTY OF GIBSO\', SS:
Before me, a I�'otary Public, in and for said county and state, this day of
�i �i �i , 200'j , personally appeared M ic k�t ��', �ct V�.S , President
and M � X'i N t= � o Secretary of the Fish &\Vild Life Conservation Club of
Princeron, Inc., and each cl;nowled�ed the execution of the foregoin� instrument on behalf of
said corporation; and also personally appeared � u ta c G A fi BFd F'�D and
_ 1jET t-1 C} t r, SG n[ and acl:nowledeed the execution of the fore�oine
instrument as their o�vn free act and deed.
My Commission Ezpires:
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% / � �� 1�'otary Public
Printed:
Resident o Gi son C nry, Indiana
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