Approving the Exercising of an Option of a Lease by City of South Bend & Drummey Cartage Co.

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term of Three Thousand Nine Hundred ($3, 900. 00) Dollars payable in equal monthly installments, each installment in advance, of Three Hundred Twenty -five ($325. 00) Dollars; all other terms of said lease to be as herein provided. The Lessee shall give the Lessor written notice of its intention to exercise said option not later than January 10, 1963 for the one year term to commence January 15, 1963 and not later than January 10, 1964 for the one year term to commence January 15, 1964. Written notices as provided herein shall be directed to the Lessor, in care of George F. Drummey, 2712 Martinez Drive, Burlingame, California and to the Lessee at the South Bend City Hall, South Bend, Indiana. 4. Lessee is hereby granted the right to construct a paint locker and shelves on the premises and it is understood by and between the parties that Lessee shall be permitted to remove said paint locker and shelves at the expiration of the tenancy herein created so long as said removal does not damage the premises herein leased. 5. Lessor further agrees to maintain the exterion and interior of said leased premises in a reasonable and customary manner and to keep the same in a good, safe and usable condition and state of repair at its expense; and Lessee agrees that upon the termination of this lease as provided herein, in the event that the options are not exer- cised, to quietly yield up and surrender the premises to Lessor, and in the event that the options are exercised, the Lessee will quietly deliver up and surrender the premises to the Lessor at the end of the terms created by said options. 6. No alterations, additions or changes in or to said leased premises shall be made without the consent of the Lessor, which -2-