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                                   SELF RENEWING LEASE

 

                LEASE AGREEMENT, made between ____________________

        (Landlord) and ______________________ (Tenant).

 
                In consideration of the covenants herein contained it is

        agreed between the parties as follows:

 
                1.  Landlord hereby leases and rents to Tenant the

        premises described as follows:

   
                2.  This Lease shall be in effect for a term of one (1)

        year, commencing on ____________, 19__ and from year to year

        thereafter unless _____ days prior to the termination of the

        lease either party sends notice in writing electing to terminate

        the same.

 
                3.  Tenant shall pay Landlord the annual rent of

        $__________ during said term, in monthly payments of

        $___________, each, payable monthly in advance.

 

                4. a) Tenant shall at its own expense provide the following utilities:

 
 

                    b)  Landlord shall at its own expense provide the following utilities:

  

        5.  Tenant further agrees that:

 
                (a)  Upon the expiration of the lease it will turn over

        possession of the leased premises in its present condition,

        reasonable wear and tear excepted.  Tenant shall commit no waste

        to the leased premises.

 
                (b)  It shall not assign or sub-let or allow any other

        person to occupy the leased premises without Landlord's prior

        written consent.

 
                (c)  It shall not make any material or structural

        alterations to the leased premises without Landlord's prior

        written consent.

 
                (d)  It shall comply with all building, zoning and health

        codes and other applicable laws for said leased premises.

 
                (e)  It shall not conduct a business deemed extra

        hazardous, a nuisance or requiring an increase in fire insurance

        premiums.  Tenant warrants the leased premises shall be used only

        for the following purposes:

  

                (f)  In the event of a breach of the payment of rent or

        any other allowed charge, or other breach of this Lease,

        Landlord shall have full rights to terminate this Lease in

        accordance with state law and re-enter and claim possession of

        the leased premises, in addition to such other remedies available

        to Landlord arising from said breach.

 
                6.  This Lease shall be binding upon and inure to the

        benefit of the parties, their successors, assigns and personal

        representatives.

 
                7.  Additional Lease terms:

   

                Signed and sealed this ______day of ________,19__.

 
                                        _________________________________

                                        Landlord

 
                                        _________________________________

                                        Tenant