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• . w.; <br />. � � t, ! r, <br />CATTLE GRAZING LEASE -- <br />Cattle Grazing Lease Agreement madetrG.....G' 45-4/9a.< <br />between GENERAL DEVELOPMENT CORPORATION, a Delaware corpora- <br />tion authorized to transact business. in Florida, herein <br />called General, and <br />ROBERT H. CHESSER <br />herein called Lessee. <br />1. Description of Property. General hereby leases to <br />Lessee and Lessee hereby leases from General the real proper- <br />ty described in Exhibit A attached hereto for the term and . <br />• upon the conditions hereinafter set forth. <br />2. Rental Consideration. Lessee agrees to pay General <br />a rental of $600.00 per year for the cattle grazing rights <br />granted hereunder, payable in Twelve (12) equal monthly pay- <br />ments on or before the 10th of each month. <br />rid <br />3. Term. The term of this lease commenced on November /g <br />1965 and shall continue for period of one year thereafter. <br />This lease shall be automatically extended for successive one - <br />'year terms from year to year except that at least 60 days <br />prior to end of any one-year term either party may give the <br />other party written notice of intention to terminate the <br />lease at the conclusion of such one-year term as 'to all or <br />any part of the leased property. If the notice of intention <br />to terminate covers less than all of the leased property, then <br />the party receiving the notice may within 30 days of receipt <br />of the notice give the other party written notice of intention <br />to terminate the lease asto the balance of the leased property. <br />14.. Use. During the term of this lease and any extensions <br />hereof Lessee shall use the leased property only as pasture <br />land for the grazing of cattle or for such ,other agricultural, <br />pursuit as General shall expressly agree to in writing, <br />• <br />• <br />AR <br />1956 <br />E 4-r‘ <br />7' <br />E00� PAGE 538 <br />1. <br />