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<br /> rx¢�ususnxcco.-7606 �
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<br /> '' LEASE �'
<br /> ;, THIS A�REED�ENT, Made and entered into this 21st day of �ay, 1936, by and between Ernest Baasch ;; �
<br /> and Bertha Baasch, his wife, parties of the first part and hereinafter called the �vvners, and 'a
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<br /> ' Lyman-Richey Sand & Gravel Corporation, a corporation duly authorized to do business in Nebraska, ,�;
<br /> � with ita princip�.l place of business therein in Omaha, Nebraska, party of the second part and herl�-
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<br /> inafter called the Gravel Corporation, �ITNESSETH: ;�
<br /> That the Owners, under the terms and conditions and agreements hereinafter set forth, do hereby !�
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<br /> `: lease to the Gr�vel Corporation, with the rights and privileges hereinafter set Porth, the follow�.
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<br /> ing real property and interest in real property, situate in the County of Hall and State of Nebra'I�k�a,
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<br /> ` to-wtit : ii
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<br /> ' Tract l. A parcel oP land out of the 3outh Fialf of the Southeast Quarter of Section Thirteen, ;;
<br /> ! Tournship Eleven Nortli, Ra.nge Nine 'Nest, bounded and described as follows: Commencing on the north;�
<br /> l�ne of said South H��,,lf' of the Southeast Quarter at a point sixteen and one-half' �eet east of the;�
<br /> ` northwest corner of said South Half of the Southeast 4�uarter, thence running due east fo'rty feet, i!
<br /> thence at right angles south Porty feet, �hence at right angles west forty feet, thenee �t right �
<br /> ' argles north forty feet to the point of beginning, bein� a tract forty feet square; ��
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<br /> Tract 2. All interest of the partiea of the first part in a.nd to a strip one rod wide east and I'
<br /> �, west off the extreme west end of t�e West H�.lf of the Southeast Quarter of Section 13, Townshlp ��
<br /> '' 11, Range 9 West; provided, that ��id strip now being in use as a private roadway, such use shall��
<br /> : not be materially interfered with in the exercise of the rights and priQileges herein conferred; �
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<br /> from April 15, 1936, to -April 15, 1961, a period of teventy-Pive years, sub3ect to earlier termina'�
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<br /> '- tion as hereinafter set forth. �;
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<br /> ' That said Gravel Corporation is engaged in the business of pumping, excavating and otherwise pro-=�
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<br /> ; ducing and selling sand and gravel for highway and building construction, and for other purposea.i�
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<br /> That this lease is made for the purpose of, and saSd �ravel Corporation shall have and is hereby !� ,
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<br /> '�` granted, the right during the lease period aforesaid, to const��ct, maint�ain and use over, and on i;
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<br /> ' the 1Pased premises such roads, railt�ay'�racks, transmission linec, pipe linea and equipm��l� and/�,�Ar
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<br /> j� other Pacilities it may desire, in the conduct of its s�,id bualness, and which ase hereinafter i!
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<br /> �' designated as "facilities and equipment" , and to do each and every other act and thing with refer��
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<br /> i; ence thereto in its ,�udgment necessary and incident �o the production, transportation, marketing �,
<br /> �' and sale of sand and gravel from other lands being operated on by it; provided, however, that no i;
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<br /> i! sand or gravel shall be excavated from the leased premises. Any of said facilities and equipment;�
<br /> m�,y be removed at any time during the lease period, and within six months after the expiration �!
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<br /> thereof. "i
<br /> i It is mutually agreed that the �ravel Corpor�tion will pay the Owners of the leased premises afor�-
<br /> '! said the sum of One� Dollar per antlum in advance as lease rental for the�e,�premises; pronided, tha�
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<br /> ' said Gravel Corporation may at any time on or after April 15, 19�-1, tex�`r.�e„�ite this lease and a11 '�
<br /> future liability hereunder, should it in its �ud.gment find it inexpedient or undesirable to make ��
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<br /> ;� further use of said leased premises for the purposes herein contemplated to be uaed; by giving 3 ;!
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<br /> � montl�s � notice of said election so to terminate.
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<br /> ; That Bertha Baasch, one of the parties of the first part hereunder, directs that all payments of ;;
<br /> ; rentals and roy�,lty made hereunder by the Gravel Corporation be made to the said Ernest Baasch. �!
<br /> ';; This agreement shall be binding upon the heirs, executors, administrators, succes�ors and sasigns"
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<br /> ' of the parties hereto. '�
<br /> WITI�ESS the hands of the parties hereto to these presents in du�licate original the date fir9t
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<br /> ' herein written, the Lyman-Richey Sand & Gravel Corporation affix2ng its seal thereto and executin�
<br /> ''' these presents by its officers duly authorized to do so. ''
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<br /> i; In the Fresence of: i;
<br /> �i Wesley A.Reinecke Ernest Baasch
<br /> ''� �esley A.Reineeke Bertha Baasch
<br />� (� Farties of the F'irst �art. �i
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<br /> ti L�dAI�'-RICHEY SAND & �RAVEL CORPORATSO�
<br /> ;; Katllryn M.Ro�ers - ( CORP) By �Fred P.Curtis, President, �;
<br /> �� Xathryn M.Rogers (SEAL) J.R.Burke, Secretary ��
<br /> Far�ies oP the Second Fart. i
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