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<br /> �Y ���9��� 1�1 �� '�J � ��� ��� �
<br /> 17604—The Auguarine Co., County SuppHea, Grand Island, Nebr.
<br /> E. S.LEASE ;��
<br /> KNOtnT A.L1., MFN BY TH�'SE PRESENTS t
<br /> l. That Emil F.Rickert ( a single man) of Grand Islan�., Nebraska, hereinafter rePerred
<br /> to as ��Lessor" (?ahether one or more) , in consideration of the covenants and agreements
<br /> herein set fortn, her�e�,�; demises, leases and lets unto Ph�.11ips Pe�roleum Com�any, a cor-
<br /> ��oration witn an operating office a.t B��,rtlesville, Oklahoma, hereina.fter referred '�o as
<br /> ��Lessee'� , the followin� described lands ancl t�remises in Hall County, S�ate of Nebraska,
<br /> to wit:
<br /> For ty-four feet (�-�' ) out of tne southtaest � ( SW) corner of Lot Five (5) , Block
<br /> jhirty (30) of the City of Grand Islarid, I�ebr•ask�., making a forty-fpur (��) fqo�
<br /> frontage on Pine Street and a Forty-Four ���+) foot Prontage on Fourth Street.
<br /> said r>remises bein� situated on the Northeast corner of Fourth and���_ �e Streets in sa.id
<br /> City, � and known as 401 North Pine S'Greet together with t?�e service,, u lding a.nd all other
<br /> building� and eq.�zipment, if any, located thereon and owned by Lessor, for a term of One �l)
<br /> years from and after Ma.rch lst. 19�-2, the date Lessee t�.kes possession of said premi�es and
<br /> property to be used for tne burpose of a gasoline a.rid oil filling station, and for tne
<br /> business of' storing, selling and distributing gasoline, oil, oil products, automobil� tires
<br /> and aecessor�eg, and any other goods, t,aares and merchandise.
<br /> 1he buildings and �quipment nc���r cn ���.id nremises and owned by Lessor are as follows:
<br /> 1_ 55o Gallon Underground Storage Tank
<br /> 1- 1200 -�� " " ��
<br /> 1- z 500 „ �� �+ ��
<br /> All other buildin�s a.nd eauipment now located on sa.id premises are the property of Les�ee.
<br /> 2. In cor.sicxeration of the nremises, Lessee agrees to pay to Lessor, at 30� No.rarfield
<br /> Street, Grand Island, IQebr. or to de�osit to Lesaor 's credit in the Bank of --------------
<br /> � which bank sria.11 be and. rema.in tne depository for the ��ayment of rentals hPreunder during
<br /> the term of this lea.se or any extension o.r renewal thereof, regardless of any chan�e in t�.e
<br /> ownersnip of s��id x�remises, as rental for said premis�s during the term of tnis lease, th�
<br /> sum of �55. 00 (Fifty Five Do:l_lars) per month payable monthly in adva.nce or a.t the option
<br /> of Lessee �emi-annua.11y in advance, and no ch�nge in ownership of the premises herein de-
<br /> mised or any �ssi�n .nent of rentals s'��?11 be bindin� u��on Lessee until after Lessee has
<br /> been furnished. with a written tr�nsf'er or assibnment or a true co��y triereof. Upon failur�
<br /> of �essee to x»y rentals or any part thereof wnen due, Lessor may, after ten (10) days �
<br /> notice iri �aritiri� to Lessee, if said renta.ls are not then paid, declare tr.is lease at an
<br /> Pnd a.ricl void, and rnay re-enter �.nd take possession of s�id premises, ar�d may recover rentals
<br /> due in a,ny ��propriate action at law, or may recover the x�ossession of said premises and
<br /> dama�ea for the deten�ion thereof by �ny appropriate remedy ��G law o� in equity.
<br /> 3. Lessor agrPes, �t his sole cost and expense and without cost or expense to Lessee,
<br /> to mainta.in the premise:� in good condition and to keep all buildings, drivewa,ys and equi�.-
<br /> ment trierpon o��rned by Lessor in ��od repair, For t'nis �urpose Lessor shall h�ve the ri�ht
<br /> to enter u�on saic� lea.sPd premises a� all reasonable times. Lessee a�rees tnat, upon the
<br /> exni .r�.ticn or termination of this lease for any rea�on, it will dPliver up sa.id premis�s
<br /> and t�roperty to Leasor in as �;ood condition as w�en received by Lessee, depreciation due
<br /> to a reasona�le tz5e thereof, for the purposes autho .ri7.ed by this le�se, and loss from fire
<br /> a,nr� the elements or. cauGFs be.yond �he contr�l of Lessee, excepted. In the ever�t Lessor
<br /> L
<br /> P t n s5 m t
<br /> t com 1. with the abov _ obli a io e ee a �.
<br /> fails to make the rebairs necessa.ry o p y � , Y,
<br /> its ontion, make such re�airs and deduct the ce�t of same f rom subsequent rental payments
<br /> due to Lessor, or may term3�n�te this lea..�e after ten (10} days ' Notice in writing to Lessor,
<br /> i.f the rPpairs be not then made, or the painting done.
<br /> 4. LeSSee shall have the right, ��t its option, to construct any buildings on said
<br /> le,a.sed r�remises ti�a.t it m�.y desire, a.nd it s:rl�ll have trle right, at any time durir�� the
<br /> te.rm of t?�iis 1Pase or al:y extension or renew�l triereof, to change, alter, repair, tear
<br /> down and/cr remove any buildings which Lessee m�y construct o .r which it m�y own; and
<br /> �essee sr:all have the right to insta.7_1 such pumx�s, underground tanks, machinery, apparatus ,
<br /> and ecauipment as ma.y be deemed neeessary in the conduct and carrying on of the business on
<br /> said premisP�; all build.ings no�a �n said leased premises ot�rned by Lessee, and al1 buildings ,
<br /> and/�r �,d.clitians to build.in�s that may be constructed on said leased premises by the Lessee,
<br /> and a,ll such t�,..amps, underground tanks, mac'riinery, apparatus �nd euipment, shal_l be �nd re-
<br /> main the praperty of the Lessee, �.aith the right at any time before the expiration or term-
<br /> ination of' tnis le�.se, and for a reascn�ble time thereafter to �emove the same.
<br /> �. Lessor sl�all pay all t�.xes and assessments, general and special, upon the herein
<br /> d.emised premises and ��rot�erty, and Lessee shall p�y all t�xes and assessments u��on build-.
<br /> in�;s, if �..n,y, m�.chinery, :�p7�a,ratu.�, underground tanks, equipment �nd other pro��erty pla.ced
<br /> on s�id. ��remises by it.
<br /> �. Less�r hereby ��ra.rrants and agrees to defend the title to the la.nd and �remises
<br /> nerFin demisec�., ��nd a;rees tn�t Lessee sha11 havP the ri�ht, at any time, to re�ePm for
<br /> LPSSO.r, b;y pa.,yment, �ny mort�ra.ge, taxes, o .r otner liPns on said land.s and premises, in
<br /> �the event of defatalt of na.yment b4T Lessor, arid be subrogated to the ri�nts of the holder
<br /> ther�"f, and m�ay d..educt any such payments from subsecauent rer.tals in ad�ition to all other
<br /> rights and. remedies �fforded. by la�hT.
<br /> 7. If the use of said premisPS as a g�soline and oil service station and/or the
<br /> stora�,e or s�1e of gasoline, oi�., and/or oil vroducts on sa.id premises shall be prohibited
<br /> ' or en�joir.�d `�y la!�rful authority, or if said premises are rendered unfit or unsuita.b7_e for
<br /> the nur�ose:, of Lessee for any ca.use, or causes, Lessee ma.y, a.t its option, by giving to
<br /> Lessor thir�y (3Q) da.,ys ' notice of its inter�tion so to do, termin�te this lea�se upon
<br /> payment of a1.1 rental4 due u� t�� the ex��iration of saic� thirty (30) day period.
<br /> �. LessPe co��enants �nd �.�ree� t�iat it �aill not permit any nuisance to be created,
<br /> maint�ined, or. carried on u;�on �aid. r�remises.
<br /> 9. If , at a.ny time dtzring the term of tr�is lease, the sPrvice station, or anyr C��'ther
<br /> buildinjJ�s, improvPments or equipment belonging to LesSOr, located upon the a.bove degcribed
<br /> �remises sh�l1, �� fire or otner cause, be destroyed or rPndered unfit, f�r use by Lessee,;
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