RIVER VIEW GOLF COMPANY - LEASE 1964

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r ~ • that said structures are removed, LESSEE shall place the portions of the premises underlying said buildings or structures in a level condition and shall remove therefrom any and all concrete and metal. In the event that LESSEE does not remove said buildings or structures within thirty (30) days after any termination of this Lease, said buildings and structures shall revert to and become the property of the LESSOR. :LO. UTILITIES: LESSEE shall pay for all water, gas, heat, light, power, telephone service, and all other service supplies to the said premises when the same became due. :L1. DESTRUCTION OF OR DAMAGE TO LEASED PROPERTY: If, by earth- quake, flood, or other similar calamity, or by fire, act of war, act of God, or other similar cause, the buildings to be erected by LESSEE on the .leased property are destroyed or damaged to a substantial degree, and if, within six months after the date when such destruction or damage occurs, LESSEE has not commenced their repair or construction, LESSOR may terminate this Lease by written notice to LESSEE. If so terminated, LESSEE shall, at his own cost and expense, forthwith remove the damaged buildings and structures and shall be otherwise released from al.l obligations under this Lease. 12. ASSIGNMENT OR SUBLETTING: LESSEE shall not have the right to assign nor sublet this Lease or grant any concession thereunder without the prior written consent of the City Council of the CITY OF SANTA AiVA . 13. BANKRUPTCY: An adjudication that LESSEE is a bankrupt shall automatically termi ate this Lease and all rights of LESSEE under this Lease. If (a)r2 re ~"ver (apart from a bankruptcy proceeding) is appointed to take possession of all or substantially all of the assets of LESSEE, or if (b) LESSEE shall make a general assignment for the benefit of creditors, and if such appointment or assignment continues for a period of thirty (30) days, then LESSOR, at its election, may -5 -