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THE (LAI%4AI ) COMPANIES
<br /> This Instrument Prepared by: New
<br /> James R.Mcllwain
<br /> 5551 Corporate Boulevard Lease#31826
<br /> Baton Rouge,Louisiana 70808 Board's 65711 &65712
<br /> James,R.Iv lwaip ,. .„,, �.. -.:,.
<br /> +•* r•• •• L "4^.
<br /> SIGN LOCATION LEASE
<br /> THIS LEASE AGREEMENT,made this 16TH day of August,2007,by and between:
<br /> Cindy and Mike Cutrano
<br /> (hereinafter referred to as"Lessor")and THE LAMAR COMPANIES(hereinafter referred to as"Lessee"),provides
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<br /> .."LEAD' i ereby.leas 4,r A`S .'&Successors 5 ns- ch of w a " . t .<t,
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<br /> . - e '4,,,. ..l. 4 the construe 7 , epa t relocatto • 0 outdo.' :dvertisin_ 4,,• ture 4 ,
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<br /> h'. ..•' + ices, „ 'serer ,.,' er poles, mmunicati • •vices • ;to"o.."'With a :pia, .,4,
<br /> •-and re , r . -4' 1,444%. ,...' *:A ',§emp o cdta' -tea ` 1 . at ;j 1 yt''' '' , -
<br /> and maintain adve , . tilt " on t es • and'tb'm the sign to have as many advertising of c�including changeable copy
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<br /> SC upon 'Sn; 4atic paymenLdue,af a th c ,. -..:, `�� 4,. 4
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<br /> The premises are a portion of the property locaTei in the County�of Dane, State of Wisconsin,more particularly described as:
<br /> SEC 2-6-12 PRT SE1/4NE1/4 DESCR AS BEG AT NE COR OF SE1/4NE1/4 TH W ALG N LN OF SD 1/4 1/4 647 FT M/L TO NE COR OF THE
<br /> W 678 FT OF SD 1/4 1/4 TH S ALG E LN OF SD W 678 FT 529 FT M/L TO N LN OF USH 12&18 TH SELY ALG SD N LN 805 FT M/L TO
<br /> INTERS WITH E LN OF SD SE1/4NE1/4 TH N ALG SD E LN 1006 FT M/L TO POB
<br /> This lease is one of three new leases that will be located near the south east of the property,closest to Cambridge.
<br /> 1. This Lease shall be for a term of-commencing on the first day of the calendar month following the date
<br /> of completion of construction of the sign,or, if this is a renewal Lease,the term and payments begin
<br /> ("commencement dater)
<br /> 2. LESSEE shall pay to LESSOR an annual rental of111.111 Dollars, payable annually in advance in equal
<br /> installments of each, with the first installment due on the first day of the month following
<br /> commencement. Rent shall be considered tendered upon due mailing or attempted hand delivery during reasonable business
<br /> hours at the address designated by LESSOR,whether or not actually received by LESSOR. Should LESSEE fail to pay rent
<br /> or perform any other obligation under this lease within thirty (30) days after such performance is due, LESSEE will be in
<br /> default under the lease. In the event of such default, LESSOR must give LESSEE written notice by certified mail and allow
<br /> LESSEE thirty(30)days thereafter to cure any default.
<br /> 3.
<br /> LESSOR further agrees not
<br /> to erect or allow any other obstruction of highway view or any vegetation that may obstruct the highway view of LESSEE'S
<br /> sign. LESSEE is hereby authorized to remove any such other advertising structure, obstruction or vegetation at LESSEE'S
<br /> option.
<br /> 4. LESSEE may terminate this lease upon giving thirty (30) days written notice in the event that the sign becomes
<br /> entirely or partially obstructed in any way or in LESSEE'S opinion the location becomes economically or otherwise
<br /> undesirable. If LESSEE is prevented from constructing or maintaining a sign at the premises by reason of any final
<br /> governmental law, regulation, subdivision or building restriction, order or other action, LESSEE may elect to terminate this
<br /> lease. In the event of termination of this Lease prior to expiration,LESSOR will return to LESSEE any unearned rentals on a
<br /> pro rata basis.
<br /> 5. All structures, equipment and materials placed upon the premises by the LESSEE or its predecessor shall remain the
<br /> property of LESSEE and may be removed by LESSEE at any time prior to or within a reasonable time after expiration of the
<br /> term hereof or any renewal. At the termination of this lease, LESSEE agrees to restore the surface of the premises to its
<br /> original condition. The LESSEE shall have the right to make any necessary applications with, and obtain permits from,
<br /> governmental bodies for the construction and maintenance of LESSEE'S sign, at the sole discretion of LESSEE. All such
<br /> permits and any nonconforming rights pertaining to the premises shall be the property of LESSEE.
<br /> 6. LESSOR represents that he is the owner or lessee under written lease of the premises and has the right to make this
<br /> agreement and to grant LESSEE free access to the premises to perform all acts necessary to carry on LESSEE'S business
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