If either the Landlord or the Tenant shall fail to choose an appraiser so to act after thirty (30) days' notice in writing from the other party so to choose, then the other party may apply to any Judge of the......Court or any court having general equity jurisdiction over said demised premises to appoint such appraiser, first, however, giving to the party so failing to choose ten (10) days' notice in writing of such application, and such Judge may thereupon appoint such appraiser. If, within thirty (30) days after their appointment, the two appraisers chosen shall fail for any reason to choose a third appraiser, than either the Landlord or the Tenant may apply to such Judge to appoint a third appraiser, first, however, giving ten (10) days' notice in writing to the other party and such Judge may thereupon appoint such third appraiser. Appraisers appointed by such Judge shall have the same powers and duties as if otherwise appointed as herein provided. In case of vacancy occurring in the number of the three appraisers from any cause or inability or failure of any to act, the said vacancy or position shall be filled from time to time in the same manner as the appraiser was originally appointed whose vacancy or position is to be filled.

The three appraisers so chosen shall promptly ascertain, appraise and determine the actual cash value of all the buildings then situated on said demised premises and built thereon by the said Tenant under the provisions of this Indenture, and which are to remain on said demised premises after.......

and the then actual cash value of the land constituting said demised premises, exclusive of the value of the buildings and improvements then situated thereon. The findings of such appraisers shall be in writing and made in duplicate; one duplicate original shall be delivered to the Landlord and one to the Tenant as soon as said findings shall have been completed. The cost of said appraisal shall be paid, one-half (1/2) by the Landlord and one-half (1/2) by the Tenant.

Within ninety (90) days after an agreement in writing shall have been made between the Landlord and the Tenant as to the said actual cash value of the said buildings standing on the said demised premises to remain thereon after..........and of the actual cash value of said land exclusive of the buildings, or if no such written agreement shall have been made on or before

............, then within..........days after the Landlord shall have received the aforesaid duplicate original appraisal, the Landlord hereby covenants to elect either to purchase said buildings at their agreed or appraised actual cash value, or else to extend the term of this Indenture for a term of.......

years from.... to......years upon the same conditions, stipulations, covenants and agreements as are contained in this Indenture, so far as the same can be applicable to the extension of the term of this Indenture, except that the annual rental to be paid by the Tenant to the Landlord during such term shall be....................per centum of the actual cash value of said land exclusive of the actual cash value of said buildings, as determined by said written agreement or by said appraisal.

In case the Landlord shall elect to purchase said buildings, as aforesaid, then said buildings and improvements standing on said demised land at such time, and all buildings and improvements subsequently erected thereon shall become a part of the realty and shall be the property of the Landlord, together with all insurance money available to restore any loss by fire or other casualty happening to any improvement upon said demised premises, and the Tenant shall have a lien upon the Landlord's interest in said demised premises to secure the payment to the Tenant of the agreed or appraised value of the buildings and improvements. Upon payment of the agreed or appraised value of said buildings and improvements, the Tenant at the expiration of the present term, to-wit: on the................., shall yield up said premises in good condition and repair, together with all the buildings and improvements standing thereon; the obligation of the Landlord to tender said cash value of said buildings and of the Tenant to surrender possession at said time shall be concurrent and be performed simultaneously.

In case the Landlord shall elect not to buy said buildings, the Tenant is hereby given the option to extend the term of this Indenture for another period of..........years upon a rental at the rate of ............per centum of the agreed or appraised value of the said land, exclusive of the said buildings, payable in instalments in advance as provided herein, and also upon all of the same agreements, stipulations, conditions and provisions as are contained in this Indenture, including the payment of taxes and assessments for the entire year....................

Failure of the Landlord to notify the Tenant of a decision within said........days either to purchase said buildings or to extend the term of this Indenture as herein provided, shall be construed to mean an election by the Landlord to extend the term of this Indenture for another term of.........

years. In case the Tenant then desires to accept an extension of the term of this Indenture, it shall, within............days after the Landlord's decision not to purchase said buildings as aforesaid, give written notice to the Landlord of its decision so to renew said term, and further agrees and covenants to execute with the Landlord a suitable instrument providing for such extension within...........days thereafter. In case the Tenant shall not extend the term of this Indenture by giving such notice and by executing the extension agreement as aforesaid, then upon the expiration of the term of this Indenture all the buildings and improvements on said demised land shall revert to the Landlord free from any obligation on their part to pay any money for them.