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<br />v. <br /> <br />STRUCTURES <br /> <br />No <br /> <br />structures <br /> <br />or <br /> <br />installations of any type will be <br /> <br />located on the airport without the specific approval of the <br /> <br />airport manager. <br /> <br />VI. <br /> <br />TERM OF THE LEASE <br /> <br />This lease agreement shall commence on October 1, 1987, <br /> <br />and continue until September 30, <br /> <br />1992, a term of five (5) <br /> <br />calendar years. <br /> <br />VII. <br /> <br />RENT <br /> <br />The total yearly lease fee of <br /> <br />$1,152.95 <br /> <br />is due and <br /> <br />payable upon <br /> <br />execution <br /> <br />of <br /> <br />this <br /> <br />lease. <br /> <br />Subsequent <br /> <br />total <br /> <br />yearly payments will be made on October 1 of each subsequent <br />year during the term of this lease. <br /> <br />VIII. <br /> <br />SUB-LEASE OR LEASE TRANSFER <br /> <br />It is expressly understood and agreed that the Lessee <br />may not sublease any part of the demised property nor may he <br /> <br />transf'er the lease agreement to another party without the <br /> <br />prior <br /> <br />consent <br /> <br />of <br /> <br />Lessor. <br /> <br />Consent <br /> <br />to <br /> <br />such <br /> <br />sublease <br /> <br />or <br /> <br />transfer will be given by Lessor only if the third party <br />agrees, in writing, to accept and abide by all the provisions <br /> <br />of this lease. <br /> <br />IX. <br /> <br />DEFAULT AND/OR RECAPTURE <br /> <br />It <br /> <br />is understood and agreed that the united States <br /> <br />Government has certain rights with respect to the property <br />hereby leased, and that it is possible a situation may arise <br /> <br />in which, through no fault of either party hereto, it may be <br /> <br />necessary that this lease be terminated. <br /> <br />In such event, <br /> <br />Lessor <br /> <br />shall <br /> <br />refund to Lessee the prorata <br /> <br />share of <br /> <br />any <br /> <br />prepaid lease money on the property involved. <br /> <br />with regard to <br /> <br />any provision of this lease, it is understood that the united <br />States Government has an interest in the property hereby <br /> <br />-5- <br />