University leases: Sigma Alpha Epsilon House, "Bachelors Hall", and blank form

able on the signing of this lease and thereafter all rental shall be payable annually in advance at the beginning of each year of the term hereby created. And said second parties is hereby given and granted the right and privilege of erecting houses, out buildings and other improvements on said demised premises, the same to be used for the following purposes alone and for no other that is to say:-

As a Fraternity House to be used only by The Sigma Alpha Epsilon House Association, it being specially covenanted, agreed and understood that the same shall never, at any time whatever, be used as a boarding or lodging house. And said second parties hereby covenants and agrees that they will commence and complete said house and other improvements within the period of 1 year from the commencement of this lease, ready for use and occupation said house and improvements to cost not less than the sum of $6000 and to meet the approval of said first party or her successors and the parties of the second part covenants and agrees before the commencement of any improvements to deliver to said first party of her successors, a complete set of plans and specifications of all improvements proposed to be erected by them, the same to meet with her approval or the approval of her successors. Said second parties covenant and agree to lay a sidewalk of stone asphalt or cement not less that 4 feet in width in front of said premises on the grade to be established by first party. The parties of the second part covenant and agree to hold harmless the first party from any and all liens occasioned by the erection of said buildings or improvements upon said land. Said second parties are hereby given the right, at their own cost and expense to connect with all sewer and water mains where necessary, the cost of water privileges in connection with the premises to be by said second parties at the expiration of said term

SAN JOSE ABSTRACT COMPANY SAN JOSE, CAL. 4

of 10 years said Lessor or her assigns, shall if so requested in writing by the Lessee at least 3 months in advance of such expiration, either renew this lease for the further term of 10 years upon all the same terms, conditions and stipulations as are in this Lease, contained except that in case during any year or years of said second term, the taxes on said land shall be increased over and above the rate existing at the date of the signing of this lease, then and in such event the rental for said land for such years shall be correspondingly increased or if such renewal of lease shall not be granted by the Lessor, or her successors, then she or her successors in said trust shall purchase and pay for the houses and other improvements erected by the Lessee which shall then be standing on said premises at a fair valuation to be fixed by arbitration in the usual manner, each of the parties hereto selecting one arbitrator and the two so selected to choose a third if necessary the written valuation by any two of the arbitrators to be final at the expiration of said renewed term of 10 years (if this lease shall have been so renewed) the said Lease shall thereafter be renewed for successive terms of 10 years (or in default of such renewal, all improvements then on said premises, shall be purchased by the successors of said Lessor in the manner herein provided) upon all the same terms, conditions and stipulations as are in this Lease contained, excepting however, that the rental for said demised premises shall be fixed and determined by the successors of said Lessor at such as to them shall seem fair and commensurate with the then value of said land and it is hereby specially covenanted, agreed and understood that said successors shall have and they are hereby given the sole and exclusive right to fix and determine the rental for said third term of ten years and the amount so fixed and determined

SAN JOSEABSTACT COMPANY SAN JOSE, CAL.

by them shall be the rental for the extension of ten years, then about to commence and said second parties covenant and agree to pay the same in lieu of said rental stipulated for the second term of 10 years herein provided for, provided, however, that no rental shall ever be paid for said demised premises less in amount than the rental stipulated for said first term of 10 years under this Lease. And it is hereby declared to be a duty of the Board of Trustees of the Leland Stanford Junior University after the decease of said Lessor, to cause this lease and agreement to be renewed for successive terms of 10 years upon the terms and in the manner herein set forth for said third term whenever thereunto duly requested by the person or persons lawfully entitled to occupy said demised premises in virtue hereof, or if such renewal be refused, to purchase and pay for the improvements on said demised premises in the manner herein provided. Said second parties hereby covenants and agrees that they will not sell, assign or transfer this Lease or any part or portion of the term hereby created, or sell or dispose of the improvements that may be erected on said premises with out first having obtained the consent in writing of said Lessor, or her successors. And said second parties further covenants, promises and agrees that he will not borrow money for the erection of improvements on said demised premises from any building and loan society or corporation or similar institution. It is hereby expressly covenanted, agreed and understood that no malt, spirituous or intoxicating liquors of whatever kind shall ever, at any time be sold on the demised premises and a violation of this covenant shall work a forfeiture. The said second parties further covenants and

SAN JOSE ABSTRACT COMPANY SAN JOSE. CAL.

agrees to pay any and all assessments and taxes which may be levied or assessed upon any and all improvements on said property during the term of this Lease, the Lessor paying the taxes assessed upon the land. In case of destruction of the improvements by fire or action of the elements, the same shall be restored by Lessee within 1 year thereafter or this lease shall be forfeited, if said Lessor shall so elect and all rights of the Lessee, his heirs, administrators, executors, successors and assigns, shall cease and determine forwith and said Lessor or her successors, shall be entitled to the possession and enjoyment of said premises. And said second parties, does hereby covenant promise and agree at all times during the continuance of this Lease or of any extension of the same, to keep and maintain said demised premises and all buildings and improvements erected thereon, in good order and condition and neat and clean in appearance and to allow no rubbish piles or debris to accumulate upon the premises or any nuisance to be maintained thereon. It is further understood and agreed that for a violation by second parties of any of the covenants or conditions of this lease, said Lessor may re-enter upon said premises and take possession of the same and this lease shall terminate and become void and all the buildings and improvements upon the premises shall become the property of Lessor without compensation paid thereof; and Lessor for herself and her successors in said trust, covenants and agrees to and with second parties, their heirs, executors, administrators and assigns, that said Lessee, his heirs, executors, administrators and assigns paying said rent and observing and fulfilling said conditions and covenants, to be by him paid, observed and fulfilled shall and may peaceably hold, possess and enjoy said premises during the continuance of this Lease or any extension thereof without let,

molestation, or hindrance. This agreement and lease shall be and is hereby declared to be binding upon the heirs, executors, administrators, assigns, successor and successors of the parties hereto of the first and second parts respectively. (Sgn) Jane L. Stanford, Surviving Founder of the Leland Stanford Junior University. The Sigma Alpha Epsilon House Assn. (No Corporate seal) Wm. M. Parkin, Pres. Chas. W. Sell, Sect.

Acknd. _____________March 20, 1901 By William M. Pakin and Chat=rles W. Sell, as Pres. and Secy. of above corporation. Before George A. Clark, N. P.

Acknd. _____________May 4, 1901 By Jane L. Stanford, widow of Leland Stanford Before John K. Gowdy, Consul General of the U. S. of A. at Paris, France. (here follows map showing leases premises)

Recorded____________March 11, 1902

Book K of Leases, page 350.

Note: Articles of Incorporation of The Sigma Alpha Epsilon House Association, a corporation not file in the office of the County Clerk of Santa Clara County, California.

SAN JOSE ABSTRACT COMPANY SAN JOSE. CAL.