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<br /> ��������1��IV,� J�J�� ��i�1�J�N� �51,
<br /> ___ _ �____.� =Y
<br />�.. �IQSBQ-57A7'EJOURNALCOMPANY.4INCOLN NEB '��-� .. . . . . . . ., -- ...-.. __..___. __.._.... .,..... ,.. . „
<br /> Lr,�s� � o. �
<br /> :� r� Aa owners and holders of the nc�tes and rqortgage dat�d September 19 ,192� ,and covering the
<br /> westerly 22 feet of lot 3 and the easterly 22 feet of lot � in block 63 of the original town
<br /> now City of Grand Island,Nebraeka,which mortgage is revorded in Book 6� of mortga�es at pa.�e
<br /> i270 of the mortgage records of Hall County,Nebraska,�e aaknowledge aatua.l notice of a lease
<br /> dated April 23 ,1927 ,with rider dated July 25,1927 ,between Walter Ernst ,party of t he first
<br /> � part ,and Plank Produets Qompany ,by C.L.Plank,party of t he �econd pa,rt ,at the time said mort-
<br /> Igage to ia mas executed and delivered and we ackno�►ledge that our mortgage is sub�eot to the
<br /> i
<br /> � rights of t he seco nd party under said leaee.
<br /> �titn�ss; (�RAND ISLAND NATIONAL HANK
<br /> Eva B.Aelaney By F.J.t�oat�s Pres
<br /> Eva B.Delaney NS�R; (70NSOLIDATED MILL� t30.
<br /> , Hy R.H.Dickinson V.P.
<br /> Eva H.Delaney J.E.�hitn�y
<br /> As the own�r and holder of two mortgag�s execut�d by �Palter Lrnst ,evverin� the westerly
<br /> 22 feet of lot 3 and the easterly 22 feet of lot 4 in block 63 of the original town now
<br /> City of ara.nd Island,Nebraska,said mortgages bearing dates of July 25-192� and Sept 19-i92�
<br /> respectively,and recorded in Book 66 of mortga,�es at page 1�1 and boak 66 of mort�ages at
<br /> page 2�0 of the cnortga�;e reoords of Hall County,l�ebraska,I acknowledge aatual notic� ,prior
<br /> to the eaecution �nd delivery of said notes and mortgages,of the leasc� bearing date of April
<br /> 3 ,1927 ,with rider dated July 25 ,1927 ,said Iease being si���d by �alter Erns� as first party
<br /> and Plank PraduQts Company by C.L.PIank as 8ecand party ,and a ck nowledge that my mortga,�ea
<br /> are sub�ect to the rights of the s�cond pe,rty under said 2ease.
<br /> 1Ritness
<br /> � F.J.Qoates
<br /> Gertrude Hoagland
<br /> RIDER TO BE ATTACHED TO CONTEACT BETWEEN
<br /> �PALTER ERNST AND PLANK PRODUOTS CO. ,C,L.PLANK,MCiR.
<br /> It is further agreed that the Plank Prmduets C�om�any may use this contract as collateral
<br /> security.And first party hereby gives hia consent to such use;
<br /> The option mentioned in this contract is hereby extended to caver the entlre term of ten
<br /> years ,but the price to be paid upon the exercise of of such option shall increaae at the
<br /> i�ate of �F� annually after the first five years ,Viz ,
<br /> If second parties exercise their option during the first flve years of this contract they
<br /> i are to pa.y the fir�t party the sum of �25 ,000.00) If second parties do not exercise their
<br /> option during the first fiye years they hereby agree to pay an additional ��b annually on tY�e
<br /> I' � above sum vis. ($25 ,000.00) .� �+fo a,nnually;-And untill option ia exercis�d; `
<br /> I —
<br /> Dated tnie 25th,day of July ,1927•
<br /> Witness �Pm Hi�hland �alter Ernst
<br /> First party
<br /> � At ,
<br /> I Grand Island,Nebraska. Plank Products Co. Q.L.Plank DQ�r.
<br /> � 3ceond party.
<br /> I
<br /> LEASE OF CITY PROPERTY.
<br /> � THIS AGREEMENT ,Made and entered into this 23rd day of Apri1 ,1927 ,b�tween Walter Ernst ,� _
<br /> i party of the first part and Plank Prfiducts Oompany and C.L.Plank,party of the secand part ,
<br /> 1 �tITNESSETH: ,
<br /> i
<br /> THAT the party of the first part does hereby lease unto said party of the second part the
<br /> following described property situate in the County of Ha]. 1 and State of Nebraska,to-wit:
<br /> ,
<br /> All of The `�Nesteriy 4ne-third {�) of Lot Three (3) ,and the Easterly One-third (�) of Lot
<br /> I___ , ur .,�4��a11:_in Block 3ixty-three ( 63) _of the Original Town ,now City of Grand Island,Nebraek�
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