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n. 74 > > ; � > > �
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<br />,_ �I4HB4—S7ATE JOURNAL COMPANY,LINCOLN,NEB v '
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<br /> j icies shall be delivered to and held by the Lessor. Al1 policies sha,ll insure the Lessors
<br /> �j a,nd tne Lessee a:s t'r.eir interests may appear ,ti��itiz loss cla.use rayable to such '�rustee as may
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<br /> be a�;reed upon by the �arties from tir:�:e t� time , In the event that there sha11 be destruc�io
<br /> •�r injury of tne i::zprovements or any of them by fire or fro:n causes for v��hich insurance money
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<br /> shall be paya,ble ,any insura.nce money collected shall be collected by tne Trustee and sha,ll be��
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<br /> �{ paid out by tre Txustee in defr�,ying the expense of rebuilding the prernises,and shall be nai I
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<br /> ;: upon 2�rchitect� s certificates as tne building or improvements ase rebuilt or restored as may �
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<br /> be neces��ary to effect such rebuildin� or restoration as herein �orovided. Such arch�:t�et shal
<br /> be selected by the Lessee but �rith the ap�roval of the Lessors.
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<br /> If the whole amount of such insura.nce money so deposited rvith the Trustee shall be shown �
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<br /> by certificate of estir.�ate maae by tne architect to be insufficient to effeet such rebuilding,!
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<br /> '' or xestor�tion,tnen the Lessee s'r:al?first pay toward such rebuilding or restoration a su� �
<br /> ;� �nT:nich ,;�rnen added to the insura.nce nioneys in tne hznds of the Trustee,shall be sufficient to
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<br /> �; accomplish such rebuildin� ,a.,nd thereupon said moneys having thus been furnished by tne Lessee
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<br /> d ' d t ��a.rd su : rebuildin or restoration the insurance mone s in tne n�nds ^f the f
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<br /> �,n applie o .� c � , y � �
<br /> � Trustee shall be dra.ivn upon architect � s certificates for �,::ZOUnts due toward the completion of
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<br /> ;i, sucn restora.tion in paying t�e re.naining ex�er,se thereof. i
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<br /> ;' Tr.e Lessors sh�.1? not be responsible for t'r.e collection from the insurer of any such in— �
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<br /> �! surance money,a.n� the Trustee shall ,x�nen tne b�aildirlgs and imnrovements have been zebuilt or ��
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<br /> ,: restored agreeable to the �rovisions of this lease ,fort'r�T,�ith pay to the Lessee any b�l�,nce ofg'
<br /> `` � such insurance money so received by the Trustee.
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<br /> ! The Less�e agrees that in case of �,ny injury to or the destruction of the improvements by i
<br />� :`, fire or other ca.su�,lty,an3 frorn ti�ne to time as such event may ha,�pen ,it �vill rebu�ld and
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<br /> i+ repair t:�e sa;::ie upon the sa.:ne generzl plan and di�nensions a,s before such inj:ury or destructio ,
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<br /> °'. or on such other plan �as tivill produce a. building ws good as that wnich existed �rior to such I�
<br /> 4; casualty,and tn�t it vrill commence such repairing or rebuilding within twelve (12) months fro
<br /> �; the date of tne fire or casualty ,ar�d will carry the same thyough to completion a.s soon as the��
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<br /> '' sa.me reasonably c�n be done . C
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<br /> �� A failure of the Lessee to rebuild ro restore as herein provided,shall ,at the o�tion of th
<br />� {; Lessors ,be a ground of ior�eiture of t'r,is lease far t�ze then remainder of the:° term hereof, ��
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<br /> � and upon such zorfei�ure declared,t:�e Lessors rriay re—enter �he pre=nises and take over from th�
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<br /> ; Trustee and reta.in as the Lessor� s o��n property any a.nd a.11 insurance Money then in the hands�
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<br /> ;' oi t:�e Trustee ,a,nd if any such insurance money has r.ot as yet been collected,t:ze Lessors shal�
<br /> h�ve the sole ri�;ht to collect and retain the sa:ne. �
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<br /> E' It is further a.greed by �nd between said pa.rties hereto that in case of any dispute betwee
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<br /> !� said Lessee �,nd Lessors as to tne cost �f any new building,any repairs in excess of �5 ,000.00�'
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<br /> +i or any o�' th� acts of �aid Trustee ,an a,rbitra.tor sh�,ll be appointed by each of said parties a d
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<br /> �= sa.id arbitrators sha.11 select a third arbitrator and their decision shall be fir.al as to said�l
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<br /> i' disputed point . �
<br /> �i If the Lessee sha,ll f�.il to kee;� its covenant re�pecting the t �king and keeping up, if�.ins ance , I�,
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<br /> � the Lessors may ,at t�Pir o_r.,tion,effect and p�.y for azid keep up sucn insurance ,and the cost I
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<br /> `? thereof �vith int�rest at the r�,te of ei ht �r cent o) er annum shall be aid to the Lesso s
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<br /> � � p ��� P � P
<br /> ` by the Lessee at the ten next rent—paying day.
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<br /> In event durinv t�.�e�:terrn of �nis le�se said property or any part thereof sha,ll be destroye
<br /> ;' by any person or uny public autharity for tne purp�se of protectir� otiler property fro�n the �
<br /> ' aprea.ding of fire ,then it sn�:ll be ti:e Lessee' s duty �o collect for such des�'ruction,in tne
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<br /> � sa,me ina,nnex as insuraxlce is to be collectc�and a,ny sums r�covered by either the Lessors ar
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