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<br />� 21917—The Augustine Co., County 8upplies, Grand Island, Nebr. .
<br /> for payment of any installment of rent hereunder, an amount equal to one year' s principal and
<br /> interest amortization payment or payments on _any such obligation, payable in quarter�t_y in-
<br /> stall�ents in the same ma.nner as thP rent sUecified in paragraph 3 hereof. Wrien any single
<br /> payment mortgage obli�ation on which interest only is scheduled in paragrar�h 7 of this lease
<br /> is paid in full durin� the term of this lease, and u��on tn.e furnishing of evidence satisfac-
<br /> tory to the Government of tYie discharge of record thereof, the Government snall pay as ad�i-
<br /> tional annual rent to ti7e Lessor, effective as of trie next succeeding date for payment of
<br /> an� inst��allment of rent hereun�er, an amount equa.l to the a.nnual amount reserved by the
<br /> Government to pay such interest on such obligation, and slzch additional annual rent shall
<br /> be p�.yable in quarterly installments in the same manner as the rent specified in paragra�h
<br /> 3 hereof. Tne Lessor covenants and agrees not to permit, pl�,ce, or cause to be plaeed any
<br /> mort��ge, deed of trust, lien or encumbr�nce of any kind on the Premises after tne execution
<br /> of this lease without trie ?�rior consent of the Governraent.
<br /> �, The Governm�nt does not undertake to furnish any insurance of any nature whatsoever
<br /> on the Premises for the benefit of the Lessor or to pay any premiums therefor. If, hoTaever,
<br /> the possession and use of the Premisee by the Government is �jeopardized by the failure of the
<br /> LPSSOr to protect the Premises by �,dequate insurance, or to protect the interests of any
<br /> party h�ving a mortga�e or otner lien upon or interest in tne Premises, tne Government may
<br /> furnish or pay for such insurance as it may determine to be necessary, in which event the
<br /> premium or premiums pa.id by the Government sna.11 be deducted Prom the stipul�ted net rental
<br /> payable hereun�.er to the Lessor. In the event of loss, the Government shall have the right,
<br /> at its option, to a���ly any insur�°�nce �roceeds ava.ilable to tize Lessor or to tne �overnment
<br /> for tne ��urx�os� of rebuilding, restoring, or repairing the Premises.
<br /> 9. The Government, during the term of this lease, snall take good care of' the Premises,
<br /> and m�y make any and all reAairs, both inter�or and exterior, necessary to keep the Premises
<br /> in good order, condition, �.nr� repair, Taithout the consent or approval of the Lessor. Upon
<br /> the surrender of the Premises by the Government, it ahall red�corate and/or rep�int the
<br /> vacant portion of the interior thereof.
<br /> 10. Whenever the whole of s�.id �remises or �ny essential part thereof shall be des- �
<br /> troyed by any c�use whatsoever, the GovernMent h2s the ri�ht a,nd privilege to rebuild,
<br /> restore, or rer��ir sa.id Premises or elect to terminate the lease. In the event of election
<br /> to terminate tnis lease,, the Government sha.11 give notiCe in writing oP intention to termin-
<br /> c�
<br /> ate to the Lessor within sixty �(60) da;;s after such destruction, in whole or in �ny essential
<br /> �ar�, anc� thP installment oi rent paya.ble for trle period during which the termination occurs
<br />' shall be urorated.
<br /> 11. The Government may terminate this lease at any time during the term thereof by*
<br /> giving to the Les.sor (30) days ' written notice of' such intention to terminate. In the
<br /> event of such termination, the installment of rent Uayable for. the period during which
<br /> the termination occurs whall be t�ror�.ted.
<br /> 12. The Government m�y assign or sublet a11 or any part of the Premises to tenanta,
<br /> occupants, or other ne.rsons whom it ma.y select an� such assignees or sublessees shall have
<br /> such rights gra.nted to the Government und.er this lease as the Government may grant to such
<br /> assignees or sublessees.
<br /> 13. T�e Lessor ma.,y ?�ut up "�'or Rent" signa fifteen �15) days prior to the termination
<br /> by the Government of its tenancy.
<br /> 1�+. The Lessor with the intention that the Government snall rely thereon and for the
<br /> �urvose of inducing the Government to enter into this lease represents, sta.tes, covenants,
<br /> and warrants that he ( she) �it) ( they) has/have a right to enter into this lease and has/
<br /> have a good and market�.ble title to the Premises as follows: �- fee simplP title
<br /> Sub,ject only to the following: �•fi
<br /> 15. All notices nrovided for by this lease may be given by regular m�zil addressed to
<br /> the Lessor at 1122 West Division Street, Gr�.nd Island, NPbr. or to trie Government with
<br /> prep�id postage at � H.O. L. C. , T�. O.W. �uilding, Omaha, Nebr. , sub,ject to the right of
<br /> � the Government to desi nate b notice in writin a new address to
<br />�
<br /> e
<br /> ither trie Les�or or g Y g
<br /> b sent. �
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<br /> which said noticesmust e
<br /> 16. The Lessor expressly coven�.nts ar�d agrees to deliver possession of the Premises to
<br /> the Government of' occupancy by any tenant or any other person on or before t«e first day
<br /> x±m of this lease.
<br /> of the te ,
<br /> 17. T�iis le�se sn�ll be binding upon tne Lessor, his (her) ( its) ( their) heirs, executors,
<br /> administrators, grantees, successors, and assigns.
<br /> l�. �o Member of or Delegate to the congress or Resident Commissioner snall be admitted
<br /> to any share or »art of tnis contract or �greemen� , or to any benefit to arise tnereupon.
<br /> 19. Notwithstanc�ing any provisions of this lease to tne con�trary, it is agreed and
<br /> underst�od bet?�een the Government and the Leasor tnat the Government will not make any
<br /> pa.yments outlined in any paragraph hereof until tne Lesaor dellvers to the Government full
<br /> x�ossession of the Premises in trle same condition a.s said Premises were in at the time of
<br /> the executian of this lease. Tt ia further agreed and understood between the Government
<br /> and the Lessor tha.t the GovernmPnt will not assume to make any such payments if tr�e Lessor
<br /> breaches his coven�nt set f'orth in paragraph 16 hereof to deliver �ossession of the Premises
<br /> on or before the first day of the term �.s specified in paragraph 2 hereof.
<br /> � eS� hedule here the character of title or interest �nich the Lessor claims to ha.ve in the
<br /> demised Premises, which inter�st is required to be such as will insure to the �overnment
<br /> upon its making all payments for �ahich it is obli�ated under this lease, undisturbed pos-
<br /> session of the Premises for a period of not less than seven �7) years.
<br /> ��Schedule here all mortg�.ges, liens, encumbrances, easements, encroachments, rights-of-way,
<br /> restrictive covenants, zoning regulations, and any defects in title whatsoever.
<br /> 20. The Lessor warrants that he � she) �it) ( they) has/have not employed any person to
<br /> solicit or secure this le�se upon any a.greement for a commission, �ercentage, brokera.ge, or
<br /> contingent fee. Breach of this warranty shall give the Government the right to annul thia
<br /> lease or in its discretion to deduct frcm any amount payable to the Lessor tr�e sum of such
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