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BY: PH 90-444 21 1G: O4h5402i8 Te 17

Laase, the Tenant may quietly possess and enjoy the Lands without
any interruption or disturbance from the Municipality or from any
other person lawfully claiming by, from or through it.

provisos

8. Provided always and it is hereby agreed that the Municipality
may terminate the Lease herein granted and re-enter the Lands, by
giving a 30-day notice of tarmination to the Tenant, in the manner
harein required, and without payment of compansation to the Tenant:

(a) if the Rent is unpaid for thirty (20) days, whether
formally demanded or not; or

(6) if the Tenant should breach any of its covenants or
agreamenta herein and euch breach is not cured within a
reasonable time as specified in a notice sent by the
Municipality to the Tenant, in the manner herein
provided, requiring that the breach be cured; or

if the Tenant should cease for more than aixty (60)
consecutive days to construct, astablish or operate a
log storage business on the Lands; or

(ad) df the Head Lease should expire, be cancelled or
otherwise terminata, in which case no 30 day notice shall
be required.

Yielding Up

9, The Tenant agrees to return the Lands at the termination of
this Lease, in the safe and clean manner required herein, subject

only to reasonable wear and tear and damage from fire, storm,
tempest. or other casualties not caused by or contributed to by the
Tenant. ,

10. If the Tenant shall hold over after the expiration of the Term
and the Municipality shall accept rent, the new tenancy thereby
created shall ba a tenancy from month to month and not a tenancy
from year to year, and shall be subject to the same covenants and
conditions herein contained so far aa the same are applicable to
a tenancy fron month to month.

As J3 Basis

ll. The Tenant acknowledges that the Lands are being leased on an
“as is" basis and the Municipality jis not providing any
representation, warranty or guarantee as to the fitness of the
Lands for any purpase or as to their environmental condition.