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<br />LEASE OF PROPERTY <br /> <br />THIS LEASE is made by and between Cass County, North Dakota (hereinafter "County") and <br />Cass County 4H Outdoor Skills, 1010 2nd Avenue South, Fargo ND 58103 (hereinafter <br />"Lessee"). <br /> <br />THE PARTIES HEREBY COVENANT AND AGREE AS FOLLOWS: <br /> <br />1. Property: The County hereby offers to lease, and the Lessee agrees to lease, the property <br />situated in the Township of Addison, County of Cass, State of North Dakota, described <br />as: 4-138-51 PT OF NW 1/4 DESC AS FOLLS: AC 9.91 BEG AT NW CORN OF <br />NW 1/4 THEN BEAR N 90DEGOO'00" E ALG THE N LN OF NW 1/4 416.33' <br />THEN S 00DEG24'55" E P ARAL WITHE W LN OF NW 1/4 1036.36' THEN N <br />90DEGOO'00" W 416.33' TO A PT ON THE W LN OF NW 1/4 THEN N 00DEG24'55" <br />W ALG THE W LN OF NW 1/4 1036.36' TO THE POINT OF BEG <br />(hereinafter "property"). <br /> <br />2. Term: The term ofthis lease shall commence on January 1, 2007, and expire at midnight <br />on December 31, 2007. <br /> <br />3. Rent: Rent shall be $10 dollars per year, payable in advance of the commencement day, to <br />the County by and through the Cass County Auditor at the address given in the section <br />herein entitled Notices. <br /> <br />4. Use: The property shall only be used for purposes consistent with those contained in <br />Exhibit I (attached). Furthermore, the property shall not be used for, among other <br />purposes, parking vehicles; building any kind of structure without prior written approval <br />of the County; storage of any kind of equipment or personal property; placement of any <br />signs; raising or keeping of animals; or disposal of any kind of materials, whether <br />hazardous or not. The determination of compliance with these limitations on use of the <br />property shall be at the County's sole discretion. <br /> <br />5. Delivery of Possession: Lessee acknowledges that Lessee has inspected the property and <br />accepts it as suitable for the purpose and use described in this Lease and that the property <br />then complies with the use limitations. <br /> <br />6. Insurance: At all times during the term of this Lease, Lessee shall maintain at Lessee's <br />sole expense, public liability and property damage liability insurance in an amount not <br />less than $250,000/person, $1,OOO,OOO/occurrence, which requirement can be met by <br />coverage under the North Dakota Risk Management Fund. Lessee shall deliver to County <br />a copy of the certificate of insurance prior to the commencement, and renewal if <br />applicable, of this Lease. County makes no representation that the limits of liability <br />specified herein are adequate to protect Lessee. <br /> <br />Page 1 of 4 <br />