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<br /> 1V�IS� ��,I,AI�TEO�JS �ECORI� S
<br /> TNEltU6UfT�IIE C0.72787 �
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<br /> and aIl right, title and interest of lessor in and to any ar� all roads, streets and ways bounding ;
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<br /> the said premises. - �
<br /> TERM: TO HAVE APdD TO HOLD for the term oP Pive ( 5) years from and after the first day of Septembe�,
<br /> �93�, and until the thirty first day of August, 19�+3. . �
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<br /> RENTAL. Le$see agreee to pay the following rent for 4aid premises ;
<br /> 3eventy-Pive and no/100 Dollars (�75.00) per month Por the term hereby created.
<br /> Lessee and lessor �.gree that rent is to be payable in montnly installments in a dvance and that if �.ny
<br /> inat�.11ment shall be due and unpaid for ten (10) days a,fter written notice of such dePault hae beem
<br /> nosted in United States Mail addressed to 155 North Clark Street, Chicago, Illinois, lesaor ehall
<br /> h�.ve the right to termin�.te this lease on thirty days written notice to lessee.
<br /> IR�PROV�IENTS. The lessee shall have the right to make alterations and improvements oP the premises,
<br /> at ig own expense, but if such alterations or improvements are of a material nature consent in
<br /> �riting oP the lessor mzst Pirst be obtained.
<br /> REMO�TAL OF LESSEE'S PROPERTY: The lessee shall have the right at any time during the continuance �
<br /> of this lease, or within thirty days after its termina.tion to sever and remove all equipment, f ix-�,
<br /> tures and other property placed on said premises by the lessee during the term of this or and pre-
<br /> vious lease or �,ny extension or renewal thereof but the lessee covenants and agrees that upon the �
<br /> removal of such property or upon the vacating oP the premises by the said lessee he will leave
<br /> said property in as good eondition as it was when thie tenancy began, acts of God and ordinary
<br /> �wear and tear excepted.
<br /> LESSEE'S RIGHT OF TER�II�T.�iTI6N: Should the �uilding or buildinge on said premises, or any part thereoP,
<br /> be at any time destroyed or damaged by fire or other unavoid�,ble casualty so that the eame shall b�
<br /> unfit for oecupancy or uae, tY�en the rent hereby reserved, or a fair and �just proportion thereof
<br /> according to the nature and extent of the ds.mage sustained in loss of occupancy of the. premises,
<br /> ehall be suspended and cease to be payable until said premiQes shall be rebuilt or made fS� for ,
<br /> occupency and use by the lessee. In such event of des�ruction or damage, and in the e vent that
<br /> said premises ar� not made fully tenantable by rebuildin� or repairing within three months Prom the
<br /> date of the said-damage then this lease may be cancelled and made of no effect by the giving of �
<br /> written notice by the lessee to the leseor. . �
<br /> TITLE : iiessor covenanta that he is well seized of said premises, has good right to lease same, a nd;
<br /> warrants and a�reed to defend the title thereto and to reimburse and hold lessee harmless f'rom a 11
<br /> d�ma�es and expenses whieh Iessee may auffer by reaeon of any restriction, encumbrance or defect
<br /> -in such title. •
<br /> TAXES AP1D EP1CU�iBRAI�TCES: Lessor agrees to pay all taxes, assesements and obligations which or may �
<br /> become a. lien on the demised premises and improvemente as they may beco.me due. IP lessor should
<br /> Pail to do so, leesee ahall -h��ve the right dither to make such payments f or the account of the
<br /> lessor, in which event it shall be subrogated to all the righta of the holder of such lien, and
<br /> in addition shall have the right to apply accruing rentals in satisfaction of such obligations;
<br /> or les�ee, in the event of a foreclosure of any such lien and the sale of said demieed premises
<br /> and improvements, sha.11 have the right to bid on said premises and improvements for h�s own accoun?t.
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<br /> Leseee agreea to pay all personal property taxes,�g nst buildings, equipment and appurtenances
<br />�I owned by lesaee and placed on Gaid premises.
<br /> Lessee agrees to pay for the �ater, gas and electricity used on said premises, and to comply with ,
<br /> all rule�, regulations and re�?uirements oP the persons, firms or corporations supplying same, and !
<br /> all lawe a�nd ordinances of the State of Nebraska and the City of Grand Island relating to said .
<br /> premises or the use thereof. �
<br /> TRUSTEESHIP.'d It is expressly underatood and agreed that lessee has executed this agreement solely :
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<br /> in his capacity as trustee of the properties of the Deep Rock Oil Corporation, and not individuall�y,
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