Extension will only be made if on mutually agreeable terms and if written notice exercising the option to extend is received by us on or before April 15. 2019. Extension will only be made if on mutually agreeable tents and if written notice exercising the option to extend is received by us on or before May 1. 2019. Lease provides for annual rent with (i) a fixed component for certain structures located on the property, (ii) a fixed component per tillable acre for the first year of the lease, which will be increased by 2.4 each year thereafter, and (iii) subject to certain conditions, a flexible rent component bawd on gross revenue pet acre. An additional 130 planted acres were added to the lease through a lease amendment relating to the acquisition of Golden Eagle Ranch 2 on August 1$. 2015. which was aggregated with this prOperly. 'tenant may exercise right to renew by providing written notice to us at least three ntonths and not more than six months prior to the termination date of the lease, provided the rent for the renewal term shall be changed to a yield based calculation mutually agreed upon. Lease provides for annual rent with (i) a fixed component per acre per year and (ii) subject to certain conditions, a flexible rent component based on gross revenue per acre. Additionally, one block consisting of 32.6 gross acres, with 30.4 tillable acres is under a fixed lease for the 1115 crop season due in quarterly installments on Dec. I. March I. June I and September 1 of the 2015 crop year. After 2015. this block will be governed by the above-mentioned lease on those same terms. Lease excludes approximately 77 acres under development. Tenant has the right, upon written notice to us at any lime prior to the beginning of the planting season for any calendar year. to include in the leased acreage subject to the lease certain acres of the property that are currently under development. and the acres used for calculating rent under the lease will he adjusted