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<br />" A - 11-o~ <br />"VOL '167 PAGt 279- <br /> <br />-2- <br /> <br />2.4 Should Lessees fail to pay when due any rent or any other sum payable to the <br />Lessor under the terms of this Lease, then interest at the maximum legal rate in the <br />State of Texas:4shall accrue from and after the date on which any sum shall become <br />due and payable, and interest shall be paid by Lessees to Lessor at the time of <br />payment of the sum upon which the interest shall have accrued. <br /> <br />2.5 The term of this Lease shall commence on April 15, 1997 and shall extend for a <br />period of 20 years with the Lessees having the right of first refusal for continuing <br />occupancy under a revised lease at the termination of this Lease provided Lessees <br />are not in default under the terms of this Lease at the time of the termination. The <br />revised lease term shall commence on the day following the expiration of this Lease <br />if Lessees provide Lessor with written notice of such intent no more than 60 days, <br />nor less than 30 days before the date of the expiration of this Lease. <br /> <br />ARTICLE 3. <br />Use and Care of Premises <br /> <br />3.1 The uses of the Leased Premises by Lessees shall be restricted to those connected <br />with aviation purposes or aviation-related purposes, unless otherwise appr9ved in <br />writing by Lessor. Specifically, the Leased Premises shall be us.ed and occupied for <br />the following purposes: <br /> <br />A. Aircraft storage. <br /> <br />S. Routine, non-commercial pilot-owner service and preventive maintenance <br />of Lessees' aircraft <br /> <br />- C. Ground support equipment and supplies storage incidental to and directly <br />supporting the storage and non-commercial use of Lessees' aircraft. <br /> <br />3.2 Lessees shall not, without Lessor's prior written consent, keep anything within the <br />Leased Premises, or use the Leased Premises for any purpose, which increases <br />the insurance premium cost or invalidates any insurance policy carried on the <br />Leased Premises. All property kept, stored or maintained within the Leased <br />Premises by Lessees shall be at Lessees' sole risk. <br /> <br />3.3 Lessees shall not use, or permit the use of, the Leased Premises in any manner <br />that results in waste of the Leased Premises, or constitutes a nuisance or violates <br />any statute. If any repairs required to be made by Lessees are not made within 30 <br />days after written notice delivered to Lessee by Lessor, Lessor may at its option <br />make repairs without liability to Lessees for any loss or damage which may result <br />to its stock or business by reason of such repairs, and Lessees shall pay to Lessor <br />upon demand as additional rental the cost of the repairs plus interest at the <br />maximum legal rate in effect in the State of Texas from the date of payment by <br />Lessor until repaid by Lessees. At the expiration of this Lease, Lessees shall <br />surrender the Leased Premises in good condition, reasonable wear and tear, loss <br />by fire, or other unavoidable casualty, alone excepted. <br /> <br />3.4 Lessees shall take good care of the Leased Premises and keep the same free from <br />I waste at all times. Lessees shall keep the Leased Premises, including ramps, <br />signs, sidewalks, service ways, and loading areas adjacent to the Leased Premises <br />neat, clean, and free from dirt or rubbish at all times, and shall store all trash and <br />garbage within the Leased Premises, arranging for the regular pick-up of such trash <br />and garbage at Lessees' expense. <br /> <br /> <br /> <br />3.5 Lessees shall store all equipment and materials/supplies within the confines of the <br />