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_�_. .._.. ._ ... _. ,. -- - �--- — � 7.A. - Page 103 <br /> � � .� � �� . �+� (`.,� � : <br /> � <br /> ' �.SE�C�'IQh( 4 � <br /> � ' I <br /> G��I��t�. PRDVISIO�tS <br /> � � , <br /> ., <br /> � � �.. CEt�ERAL . I <br /> � � ' i <br /> "�hese pravfsians �re applicable •to a�� 'leases, �.errnf�s� rights-�af-way, . I <br /> �ea�em�n�s, ar �icens�s or� other �interest.s -in rea� pra�erty conveyed, by the � <br /> =Sta�e i,ands �or�enissian. , � � <br /> 2. CONS.TD�RATIqi� � , � . . . <br /> �a. �a�e,g�ri�s: � <br /> � 1'} Rent.��l�; - � ' . , <br /> ,� .Less�e sf�a1� pay �he •ar�nuat r�er�taT as stated in 5ectio� I �ar 2 t� . <br /> Lessor w��hout �deduc�f�n, d��a�+.�or offs�t, ari ��� befo�e the beginn�ng <br /> date oi' �ltts Lease and on or before'eac��nn��+ers�rY of �its b�ginning , <br /> date d�ring ea�h year ef tlie Lease �erm, <br /> ,b. hS�di-Ficat9on: . , � . <br /> �.essor may�mod�fy�the amaunt .�r.rate a� cansidera�ior� e�fect�i.ve o� <br /> - ..�ach fifth anniversary of the be�innittg date �f this .Lease. 5ho�ild .L�ssvr <br /> ' �Fai 7 �o exerci se 5uch r�ght effective ar� ar�y fi fth :artny ver�ery i-� may do � <br /> sa ef�ectSve on any one �1� o�F :the next �our (h) anniversari'es fai"iawzr�g � � <br /> such f�fth anniversary., w�thau-� pre�udice �o �tts r�ght �to �ffect sr�c� �c� <br /> mad���cat�ton on the next.flr ar�y succeeding �7ftt� anniversary. Any m�di- ' � � <br /> f�Ca�tion of �he aroount or rate of cansidera�ion made �urstf.an� �o t��fs . ,� <br /> paragraph sha�7 �confarr� to TitT� 2, Divis�on 3 of. �he Californ�a Adm�r�� r� <br /> istrative Code and rio �uch• mad�fica�ior� s�a��� be�ome e�fective u€��ess <br /> Les�ee i� g�ver� written noti.�e a�t �eas� s�ixty �5�� d�ys prior to the • . <br /> �fre�ti ve date. � � � <br /> c. Pena�ty and Fnte��s't: ' � . <br /> ., . <br /> Any ittstailmen�s of rental,.�rayalty, �r atf�er consider�t�inn accru�ing � <br /> under tfii� I:ease nnt paid wherr d�e shail be su�b�ect to a..per�a��ty and s#1a�� . � <br /> bear i nterest as specifled �� �ub7 ic Resources Gode 5e�t i an.�2Z+� and Sect��n �. <br /> 3. BDUt�aARI�S . <br /> � TE�is �.ease is no� �n��rided to establish �he State's bo�ncfaries and, i� m�de- <br /> wi�haut �rejudzce t� ei��er �arty regarding any �oundary c]a3ms wt�ich m�y be <br /> asser�e.d presen�t�y or in th� �utur�. - <br /> �. �R�10 L!S E • . <br /> . , , . <br /> ' � i <br /> t <br /> ' . k <br />