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I�� 1�� <br /> �ISC�I.LA��E��JS R.�� O1�� �' <br /> 17b04—The Auguatine Co., County Suppliea, (irand Ialand, Nebn <br /> by application of rental at the rate provided for immediately prior to such termina'Gion i <br /> i <br /> � <br /> and any such sums so expended for replaeement by Lessee shall bear interest at the rate ; <br /> of six per cent (6�) per annum from date of expenditure to date repaid or applied as <br /> aforesaid; provided that all rentals which t�+�u�+� under the terms of this lease become du� <br /> during such time as said station shall be unfit for use by Lessee sh�ll be canceled and ; <br /> rentals shall n�tit a�ain become payable until such station, other buildin�s, improvements ' <br /> and equipment have been replaced as above provided, an ad3ustment being made for parta o� <br /> periods for which rentals sha.11 have been paid. <br /> 10. Lessee shall have the privilege of canceling this lease on any anniversary of <br /> its commencement provided thirty (30) days � written notice is �iven to Lessor. In the <br /> event of such cancellation the Lessee ahall pay to Lessor the sum of ten per cent (io�) q� <br /> the remaining rental commitment as full conaideration for such cancellation. ; <br /> 11. Lessor agrees that during the term of this lease Y�e will make all necessary re- <br /> pairs to the buildings, improvements and equipment, if any, belonging to him and located ; <br /> on said leased real estate, and will furnish and maintain in good order all nec�asaxy <br /> water, light and gas connections necessary for 'Ghe conduet oP the businesses mentioned <br /> in P�ragraph 5 hereof. <br /> 12. Lessor Purther agrees that Lessee shall have an option to renew or extend this <br /> lease at the conclusion oP the primary term for an additional period of one year upon the <br /> same terms and conditions as herein set forth, such addition�.l term to begin upon the <br /> date Pollowing the expiration of the primary term of this lease and to continue for one ', <br /> year thereafter, provided tha.t Lessee shall give Lessor notice oP i'Gs intention to renew ; <br /> ; <br /> said lease at least thirty (30) days before the expiration of the primary term. In the '� <br /> � <br /> event Lessee does exercise this option to renew said le�.se Por such additional �eriod, <br /> � <br /> Lessee a�reea to pay rentals for such additional period at the rate of 3eventy Dollare <br /> (�70.00) per month in the same manner as hereinabove provided for the primary term hereoP. <br /> 13. It is understood and agreed that all notices which may be given under the terms <br /> of this lease sha11 be in writing and m�y be served on Lessor by registered letter ad- <br /> dressed to EMIL 'F.RICKERT at 30� No. GarPield St. , and may be served on Lessee by re- <br /> �istered letter addressed to PHILLIPS PETROLEUM COMP�i1VY, i�F�l Nor�h Eleventh Street, � <br /> Omaha, Nebraska. The effective dates oP such notices so served shall be the datea res- � <br /> peetively same were deposited in a United States po� st office at the place of mailing, , <br /> properly addressed with postage prepaid and duly registered with return receipt requestec�. <br /> i <br /> 14. The terms and provisions of this lease shall extend to, be. binding upon and inur►e <br /> to the benefit of the parties hereto, their respective heirs, executors, ad.minis�rators, ' <br /> suecessors or assi�ns� Lessee ahall have the right to sublet the leased real estate or , <br /> any part thereof without the consent of Lessor and shall have the right to assign said <br /> lease or any part thereof provided that at the time of said assignment it has perPormed ', <br /> alI the conditions and requirements of this lease. ', <br /> 15. This lease shall become binding upon Lessee only after it has b�en a�proved and ', <br /> executed by a vice-president and assiatant secretary oP Lessee. ' <br /> IN TESTIMONY WHEREOF, Leasor has hereunto set his hand and seal and Lessee has execu-; <br /> � <br /> ted this lease in its corporate name by its officers duly authorized on the d�;y and year � <br /> � <br /> first above written. � <br /> Emil F.Rickert (SEAL ' <br /> signed, sealed and delivered essor � Q <br /> in the presence of: �. <br /> B.iI.Cunningham <br /> $2.F.Ousley <br /> Signed, sealed and delivered in ( CORP) PHILLIPS PETROLEUM C4MPANY ' <br /> the presence of� A -�0---�trrm (SEAL) By A.M.Hughes, Its Vice President �SEA � <br /> Muriel Cross J.F.I�inslow, Its =As��$�a�t 9earetary E�+� � <br /> Jo Anne Hyndman ��,��.�r . Lesaee. <br /> �.�.�e45��1�� I <br />