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It is further Covenanted and Agreed by and between said parties,
that at the termination of this Lease if the party of the first part shall so elect, and shall give notice in writing
of such election to the party of second part, or the party of the second part shall give notice in writing
to the party of the first part, this lease shall terminate and the parties of the first part shall pay to the party
of the second part, their heirs, executors or assigns, the SUM OF NINETY PER CENT of the then
fair and just value of the buildings placed by him upon said premises (not exceeding the sum of Five
Thousand Dollars nor less than the sum of Two Thousand Dollars, except by special consent of the parties
of the first part) in pursuance of the conditions of this lease and then remaining, such values to be ascer-
tained and fixed by appraisement of three disinterested parties, one of whom shall be selected by the party
of the first part, one by the party of the second part, their heirs, executors, administrators or assigns,
and the third by the two so selected. Said appraisers to be appointed by written appointment. If for any
reason the party of the second part, their heirs, administrators or assigns, shall omit or refuse for
twenty days after the termination of this lease as aforesaid, or by the expiration of the term to name and
select the appraiser to be appointed by them, then the party of the first part or the survivor, shall be
at liberty to name and appoint the second of the said appraisers also. And in case after the termination of this
lease as aforesaid, the parties of the first part or the survivor shall omit or neglect for twenty days thereafter
to name and appoint the appraiser on their part, then such appraiser may also be named and appointed by
the party of the second part. The award of any two said appraisers in writing shall be as effectual and
binding as if all three joined in the making thereof; and upon the payment for such building being made
as settled and determined by such award or by the agreement of the parties, such building and improvements
shall become and be the property and in the possession of the parties of the first part.

The party of the second part covenants and agrees to place with the architect (representing the party
of the first part) a complete set of Plans and Specifications of the building to be erected by the party of the
second part and which must meet with the said architect's approval.

The party of the second part covenants and agrees to lay a sidewalk of stone, asphalt or concrete
in front of the premises on the grade to be established by the parties of the first part not less than four feet wide,
and will keep the street and ditches in front of said premises in order.

The cost of water privileges in connection with said premises are to be paid by the said party of the
second part.

The party of the second part further covenants and agrees to surrender possession of said premises at
the end of the term provided in good order and condition (necessary and usual wear thereof excepted), and
the parties of the first part covenant and agree at that time to pay to the party of the second part, a sum
equivalent to ninety per cent of the then fair and just value of the building erected on said premises in pur-
suance of the provisions of this lease and then remaining, such value to be ascertained in the manner above
provided by appraisers chosen and acting as above specified.

It is Further Provided, that if the party of the second part shall so elect and
shall give due notice in writing of such election to the party of the first part, ninety days prior to the
expiration of the term of this lease, another lease for a similar term of ten years will be made upon such con-
ditions as may be agreed upon by the parties.

The party of the second part covenants and agrees that said premises shall be used and occupied only
as a residence or boarding-house and not for any other or different purposes, it being expressly agreed and
understood that no intoxicants of whatsoever kind shall be sold on the premises, and that he will not sell,
underlet nor sublet the whole or any part of said premises to any person whomsoever, without the written
consent of the party of the first part or the successor being endorsed upon this lease and signed by the party of the first part or the successor being endorsed upon this lease and signed by the par-
ties of the first part or their successor.

And it is further understood and agreed that for a violation by the party of the second part of any of
the covenants or conditions of this lease, the said parties of the first part may re-enter upon said premises
and take possession of the same as in its first condition and estate, and this lease shall terminate and be void.