|
�i
<br /> ���
<br /> LYi� �����La.��� �/ � ��� ��� V
<br /> THEAU6USTINECO.�'1'�B7 � � � � -
<br /> LEASE ,
<br /> _ �
<br /> ��,
<br /> ; . .�
<br /> RPal Estate, Grand Isl�.nd,Nebr. .
<br /> 2nd and Oak �treets.
<br /> AGREEfl�2EI�T dated the 17th da�� of November, �937, by and between John Fi.Clauesen and Anna Clausaen,
<br /> his wife, of 903 West Charles Street, Grand Is1Rnd, Nebraska, (lessor) �nd THE TEXAS COMPANY, a
<br /> corporation of Dela�rare, having a place of business at 332 So.�ichigan Avenue, Chieago, Illinois .
<br /> (Iessee) .
<br /> �
<br /> (1) Premises Leased. LesGor hereby Ieases unto les$ee a tract of l�.nd, with the improvements thereon,
<br /> in the City oY Grand Island, County of Ha1I, State of Nebraska, described as follows;
<br /> The South Sixty-Six (66) Peet of Lot Eight (�) and the South Sixty-six (66) feet of the Eaeterly
<br /> Nine (9) feet of Lot Seven (7) , Block Sixty Nine ( 69) �riginal Town of Grand IslandrT:: .
<br /> Together with aIl az�purtenances thereto and aIl right, title and interest of leseor in and to any
<br /> and a1.1 roads, streets and ways bounding the said premises. _
<br /> (2) Term. Tn HAVE Ai�TD TO HOLD for the term of Ten (IO) years, from and aPter the Twenty sixth day
<br /> of January, Nineteen Hundred Thirty Ei�ht (Jan. 26, 193�) .
<br /> Lessee m�.y terminate this least at the end of the fifth year upon thirty d.a.ys written notice to the
<br /> Iessor provided leseee pays leasor the sum of one thousand dollars (�1,0�0.00) prior to ePfective
<br /> date of such termination. Rentals paid by Ieesee to lessor pursuant to paragraph 3 shall not .be
<br /> considered to be the payment referred to herein. _
<br /> (3)-Rental. Lessee agrees to pay the followin� rent Por said premiaes : At the rate of One Hundred
<br /> and Fifteen dollare (�115.00) per month.
<br /> Lesaee agrees that re ntal shall be payable in monthly installments in advance and that if any in- -
<br /> stallment thereof shall be due and unpaid for ten (IO) days after written notice of such default
<br /> ,
<br /> ha4 been delivered to the Sales Manager of le�see at 332 so. Michigan Ave. Chicago,Ill. , lesaor
<br /> shall then have the right to terminate this lease on thirty (30) days � wri.�ten notice to Iessee.
<br /> (4) �.intenance. (a) Lessor agrees to maintain said premiaes and improvements in good repair durin� �
<br /> the term of this lease (except as hereaPter in sub-section " (b)" of this elause provided� and to
<br /> rebuild within sixty da.ys any structures on said premises damaged or .destr4yed in any manner. In
<br /> the event of lessor's failure to do so, lessee at its el.ection, may sither terminate the Iease on �
<br /> thirty daye � notice to lessor, in which event rentals shall abate Prom the date of destruction or
<br /> damage, or do the necessary repairing or rebullding at the expense of the 1�ssor and have the right
<br /> to �,pr�ly aecruing rentals for the purpose of reimbursing itself Por principal e�cpenditure, together
<br /> with interest at six per cent. If, during the time the premises are undergoing repairs, the use
<br /> thereof bq lessee is materially interfered with, the rent accruing during such period shall be
<br /> abated.
<br /> (b) During the term of this Iease, lessee ahall maintain aIl mechanical equipment in good repair,
<br /> and, �vhenever it deems necessary, ahall paint structures on said premiaee.
<br /> (5)- Removal of Prope-rty. Lessee shall have the right at any �ime during the continuance of this
<br /> lease or v�ithin thirty ( 30) days after its termination to sever and remove alI Pixtures, equipment
<br /> and other property oP lessee placed on said premises by lessee during the term oP thia or any
<br /> previous lease, or any extension or renewal thereof.
<br /> (6) -Lessee �s Right of Termin�.tion. Should lessee, for any reason other than (a) any wi1Pu1 act
<br /> oP lsssee a.nd/or (b) d�mage or destruction of premises and/or any structurea thereon, be prevented
<br /> Prom eatablishing or continuin� the business oP distributing petroleum products on said premises,
<br /> lessee may termin�,te this leaee upon giving th3rty (30) days � wri�ten notice to lessor, in which
<br /> event the rental obligation shall be pror.ated to the date of such termination. _ ,
<br /> ('j)-Damages for Defect in Title. Lessor covenants that he #s vrell seized of said premises, has
<br /> good right to Ie��ee the same, and warrants 3nd agree� to defend the title thereto; and to reimburse
<br /> and hold lessee ha.rmless from all damages and expenses which Ieasee may sufPer by re3son of any
<br />
|