1982-779-R - Laserfiche WebLink

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L LEASE This agreement made and entered into on this day of June, 1982, by and between the City of Batesville, hereinafter called LESSOR, and White River Firefighters Association, Inc. , hereinafter called LESSEE: WITNESSETH: 1. Leased Premises. For and in consideration of the rents, covenants and agreements herein entered into and agreed upon by the Lessee as obligations to the Lessor, the Lessor lets, leases and demises unto Lessee, subject to the terms and conditions contained herein, the following described property situ- ated in Independence County, Arkansas , to-wit: i 1 A tract of land being part of the Northwest Quarter of the Northeast Quarter of Section Twenty-one in Township Thirteen North, Range Six West of the fifth Principal Meridian (Pt. NW-1, NE-14 Sec. 21, T13N, R6W, 5th P.M. ) in the City of Batesville, Independence County, Arkansas , ( more particularly described as follows: �r Commencing at the Northwest Corner of said NW-1, NE-I4; thence run East a distance of 117.8 feet; thence run South 01 degree 00 minutes West a distance of 815.0 feet to the left bank of the White River; thence run South 70 degrees 00 minutes East along said left bank a distance of 235.4 feet to the Point of Beginning (POB) ; thence run South 70 degrees 00 minutes East along said left bank a distance of 359.6 feet to the West Line of the US Reservation; thence run North 37 degrees 15 minutes East along said West Line a distance of 157.0 feet; thence run North 25 degrees 00 minutes West a distance of 130.0 feet; thence run North 37 degrees 15 minutes East a distance of 70.0 feet to the Southwest Right of Way Line of a City Street; thence run North 25 degrees 00 minutes West along said City Street a distance of 25.0 feet; thence run North 36 degrees 20 minutes West along said City Street a distance of 215.0 feet; thence run South 37 degrees 15 minutes West a distance of 466.6 feet to the Point of Beginning. Containing 2.63 acres, more or less. TO HAVE AND TO HOLD the same premises unto the said lessee for and during the term herein stated subject to the covenants, terms and conditions and liens herein contained. ��rr 2. Term. This lease shall commence on the day of June, 1982, and shall extend for a term of thirty (30) years ending at midnight on the �4 day of June, 2012. 3. Rent. Lessee agrees to pay to Lessor as rental for the full term of this lease the sum of One Dollar ($1.00) . 4. Use. Lessee agrees to use the leased premises for the purpose of I organizing, conducting and administering a program of firefighters and rescue training, including classroom and practical instruction, study, testing, and (W qualification of firefighters and rescue workers and for public education in these matters. 5. If the Lessee shall cease to use the demised lands for the purposes