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The alterations of the leased premises, with the exception of movable furnishings and fixtures, shall, at the LESSOR's option, become part of the realty and belong to the LESSOR at the conclusion of the agreement. 7. FIRE AND OTHER HAZARDS: In the event that leased premises, or the major part thereof, are destroyed by fire, lightning, storm or other casualty, the LESSOR shall forthwith repair the damage to such leased premises at its own cost and expense. The rental thereon shall cease until completion of such repairs, and the LESSOR will immediately refund the pro rata part of any rental paid in advance by the LESSEE prior to such destruction. Should the premises be only partly destroyed so that the major part thereof is usable by the LESSEE, then...the rental fee shall be reduced to the extent that the injured or damaged part bears to the whole of such premises and is practicable. The normal rental fee under this agreement shall commence upon completion of such repairs. 8. RENEWAL: The LESSEE is hereby granted the option to renew this lease for additional twelve (12) month periods upon the same terms and conditions except that the rental fee may be increased up to $70.00 per month on each annual renewal date. If LESSEE desires to renew this lease under the provisions of this article, it shall give the LESSOR written notice thereof not more than six (6) months nor Tess than thirty (30) days prior to the expiration of the term provided herein. 9. SUBLETTING: This lease may not be assigned or sublet without the consent of the LESSOR, whose consent may not be unreasonably withheld. 10. RIGHT OF LESSOR TO INSPECT: LESSOR, at all reasonable times, may enter into and upon the demised premises for the purpose of viewing the same and for the purpose of making any such repairs as they are required to make under the terms of this lease. 28 MAR `d 1989 BOOK 76 FALL 320