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<br /> ' �.nd agree to and tirith tne sa�id Lessors to pay rent there�ox as follows; For and during the '
<br /> ` ea.rs thereof tU-�^rit � the term com.nencing ti�rith September 1 ,1926 ,and ending Aug-
<br /> � �'irst five (5) y a �
<br /> 3° t?st 3'1 ,1931 ,Thre� Thous�,nd Dollars (�3000) per year, and for the second'.five '(5} years of (
<br /> s�,id lease ,to-v��t ,the ter�:� comr.lencing 8eptanbex 1 ,1931 ,and ending August 31 , 1936,the sum �
<br /> �:, �
<br /> ` 00 er ear and � for the third five ears of said lease i
<br /> of Thirty-thxee Hundred Dollars (�33 ) p y � Y ' ��
<br /> to-wit , the term co�nencing September 1 ,1936 ,and ending August �1 ,19�1 ,the sum of Thirty-six �
<br /> I
<br /> Hundred Do11�rs (�360�) per year,each of wnic�� annua.l renta.I pay:nents shall be paid in ad- �.
<br /> vance in quarterly inst�,llnlents on tne fir�t days of Septernber �nd of December and of �Sarch ��
<br /> and of Ju:�e of ea.ch year. All of said x�ay�nerits sha11 be made in la.ti�ful money of the �nited I� '
<br /> �s
<br /> ;
<br /> Sta.tes at such place in the City of Grand Is1�,nd,Nebra.ska,,a,s the Lessora ,their heirs ,executor�
<br /> i
<br /> os� a,ssigns,may froM, time to time designate in writing. i
<br /> Ta�es. �HIg�•_As a furtner ecnsidera.tion for the leasin�; aforesaid ,the said Lessee covenants , {�
<br /> � �i
<br /> prmmises a..�d a.-�rees to pay and discha.rge ,in addition to the rent reserved,all rates or taxes , ��
<br /> 3
<br /> cnaxges �'ar xevenue a.nd other�rise ,assessments and Ievies ,�ener�,l and special ,ordinary and
<br /> ,. .
<br /> I
<br /> w t s r a d 1
<br /> s v r includin a er a elect ic n a
<br /> ��h t e e
<br /> k'nd o
<br /> ev r name n2ture and i a
<br /> extraordin�ry ,af e y , � g �g �
<br /> other taxes or rates wnich may be taxes ,charged,assessed,levied or impased upon said premises7
<br />�
<br /> �
<br /> . .
<br /> ,f
<br /> . , . ;
<br /> �
<br /> � s esed �
<br /> s �n n ad a lI of wh ch ma be as e
<br /> m r v ment ereo w i
<br /> b ldin s or i o e
<br /> r 11 ui
<br /> ruonea
<br /> ch an o a � Y �
<br /> o b p
<br /> ;' �
<br /> �
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<br /> levied or imposed upon t'r.e leasehold esta.te hereby created,or upon the re�tersionary estate in(
<br /> . r mises or a a.inst tne oTF��ner thereof but not includin any income or ini�eritance ta,xes}
<br /> , s�id p e g � g �
<br /> � during t:ze texr� 71er?by granted a-nd so loaig thereafter as said Lessee ,its successors or �
<br /> , , .
<br /> �
<br /> � ' � m sed re�:�ises
<br /> s s snall ccun said e �. .
<br /> as i n o
<br /> � � � Y �
<br /> It is understood �.nd agreed �hat �he Lessars will pay the regular �axes Ievied �nd assesse �
<br /> against said premises including the state ,��e�y and school district taxes for the year 1926, k
<br /> �
<br /> and that tne first regular taxes to be ;���id by tne Lessee are the ta,xes for the year 1927. �
<br /> ;
<br /> ; And if at a.ny time during the term of this lease an income tax shall be levied by the �
<br /> P
<br /> State of Nebxaska on income derived from the rentals of xeal estate in lieu of a tax upon suc �
<br /> ; real estate or in partiaZ a.bater.�ent of such taxes ,trien the Lessee agrees to pay the arnount ti
<br /> i
<br />� of any such tax levied. ��
<br /> � �
<br /> � The Lessee fur�her agrees to obta.in and deliver or mail by re,�istered mail to thP lessore j
<br /> 1
<br /> � original ox official duplica.te receipts for all ta,xes and assessments to be paid by it ,at �
<br /> ; �
<br /> �` least ten (10) days before such ta.xes and assess,nents a,re payaeble without delinquency. �
<br /> �
<br /> : ;�
<br /> ';. In case of the failuxe af the said Lessee at a.ny time to pa;� any of such taxes ,rates ,chas��s
<br /> ,;
<br /> � or assessr:ients as aforesaid ,the Leasora shall and do have the ontion and privilege of paying i�
<br /> � � ,
<br /> � the same and sn�.11 have and recover all moneys so paid,with interest thereon frorn da,te of pay��,,
<br /> � !i
<br /> ii rnent at the rate oy ei�;ht per cent (��o) g�er annum,frorn the Lessee ,as additional rent ,upon theji '
<br /> ' next following quarterly rent installment date. 1
<br /> i�
<br /> . �
<br />�I Lielins. FQtTRTH:-Tlze Leesee furtner covenants and agrees t� r�ay ,disch�.rge and remove fxo�� said de-
<br /> ;' �'' mised pre���ises a.ny A�Zecl:anic� s lien or liens for la.�bor and m��:,terial enterin� into any new �
<br /> 1
<br /> � building or buildings or into �_ny irnprove�nents or �,lteratio�s ma.de u�on any building upon sai
<br /> �
<br /> ; demised pyernises; 2nd t.�at if defa.ult be made in the p�yment thereof ,and snall continue for ni ety
<br /> � days a,ftex vuritten notice , except as hereinafter provide�,said Lessors shall have the right an
<br /> ; privilege at the �z/option to pay off the same or any portion thereof,and the axnount so paid,
<br /> �!
<br /> inc�uding expenses ,sha.11 at the option of the Lessors be so much �dditional rent due from the
<br /> ,; Lessee at the next rent da,te after such pay_ment ,y�ith interest thereon at the rate of eight
<br /> i' per cent per annur�l; or s�.id Lessors m�y at their option,if sucr� defa.ult continue ninety days �
<br /> �; after written notice �.s �foresaid,declare this 1e�,se terminated. And it is further �.greed
<br /> , th�.t no r�iechanict s or otner liens shal? in any :nanner :�r de�ree a.ffect the title or �ights of
<br /> �;
<br /> �;
<br /> �:-- _=-��--------- --- --_
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