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(5) year extensions unless one of the cities covered by this agreement serves notice of <br /> termination not less than three (3) years before the original termination date or the <br /> termination date of any subsequent extension. This Agreement may not otherwise be <br /> terminated except for any of the following reasons: <br /> a. The express agreement of both cities to terminate the Agreement; or <br /> b. The expiration of the term of the Agreement provided that the three-year <br /> notice of termination preceding the expiration of the term is given; or <br /> c. An event that makes it unlawful for all or substantially all of the purpose <br /> of the Agreement, i.e. joint ownership of the land and building to be <br /> continued; or <br /> d. For good cause as defined above; or <br /> e. For material breach of this Agreement provided that the city seeking <br /> termination first provides the other city written notice and thirty (30) <br /> days to cure. <br /> 8. Restriction Upon Sale or Encumbrance of the Property or Interest. No city may <br /> sell, assign, transfer or encumber its interest in the Replacement Land or Replacement <br /> Fire Station or seek to condemn the interest of the other city by eminent domain <br /> without the express consent of the other city. Further, no sale, transfer, or <br /> encumbrance may occur except as expressly provided in this Agreement. <br /> 9. Rent and Depreciation. Because the Cities of Long Lake and Orono will jointly <br /> fund and own the Replacement Land and Replacement Fire Station, the Cities of Long <br /> Lake and Orono will not be responsible for paying rent or depreciation on the land or <br /> 7 <br />