Don’t capitalize lake unless it’s part of a proper name: Everyone called it Eagle Lake, but the lake was actually a pond.
WRITING IN ALL CAPS FOR EMPHASIS IS ANNOYING AS WELL AS AMATEURISH. DON’T DO IT.
Although the past-tense form of read is read, the past-tense form of lead is led.
The frozen lake had finally cracked open after all these frigid years. But it was not this fact which startled me. Rather, it was the single trail of footsteps that led out.
(I’m not fond of the italics, either. They’re like a soundtrack that tells you, because you can’t be trusted to figure out on your own, This is a scary-dramatic scene!)