This section describes the specific piece of land being leased. It’s like providing a home address but for a piece of farmland. Exhibit A at the end of the agreement will give more details or possibly a map of the land.
The Landowner agrees to lease to the Lessee, and the Lessee agrees to lease from the Landowner certain parcels of land located at (Complete Address), comprising approximately (Number of Acres) acres, and described in Exhibit A attached hereto in more detail.
2. Term of Lease
The Lease term will begin on (Start Date) and will terminate on (End Date). Thereafter, the Lease may be renewed annually upon mutual written agreement between the Parties.
3. Lease Payments
The Lessee shall pay the Landowner a sum of (Amount in USD) per acre per annum. Payments shall be made in (monthly/quarterly/annual) installments due on the (specified date of each period, e.g., "first day of each month").
4. Use of Property
The Lessee shall use the leased property exclusively for agricultural purposes. The specific crops to be cultivated are (List of Crops). Any change in the type of crop must receive prior written approval from the Landowner.