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<br /> �t� SC �EL�L�,�T���J� ��C ��.� �J
<br /> . 21917—The Augustine Co., County Supplies, Grand Island, Nebr.
<br /> VdhPn �ny obli���.tion seheduled in x�aragr���h � of this lease, which is payable in substania.11y
<br /> eaua.l insta.11ments, is �aid in full during tne term of this lease, and u�on the fu:�^nishing
<br /> of evidence satisPactory to the Government of the dischar�;e of record thereof, the Government
<br /> shall pay as additional a�nual rent to the Lessor, effective as of the next succeeding date
<br /> for payment of �ny installment of rent hereunaer, an �.mount eq_u�.l to one year� s principal
<br /> and `interest amorti�stion p�yment or �ayments on any sueh obligation, payable in quarterly
<br /> inst�.11ments in the sa.me m�nner a.s the rent specified in par�.gra�h 3 hereof. ��hen any sin�le
<br /> payment mortga�e obli�ation on ?�hich interest only is $cneduled in pa.ra.gr�ph 7 of this lea.se
<br /> is n�.id in full during the term of this ]_Pc�-.SP_.� anc� u��on the furnishing of evidence satisfaetory
<br /> to the Government of the diseharge of record thereof, the Government sh�ll pay as additional
<br /> annual rent to thP Lessor, ef Pective �s of the next succeeding da,te for payment of any install-
<br /> ment of rent hereunder, an amount equal to ti�e annual �.mount reserved by the aovernment to
<br /> pay �such interest on such oblig�tion, <�n� guch adc�itional annua.l rent sn�ll be payable in
<br /> �u�rterly installments in the same m�.nner as the rent specified in p�ragraph 3 hereof. The
<br /> �+esso� coven�nts and agrees not to nermit, place, or cause to be placed any mortgage, deed
<br /> � of trugt, lien or encumbrance oP a.ny kincl on the Premises aft�r t�1e execution of this lease
<br /> without the prior consent of the f�QVernment.
<br /> g;. The Government does not undPrtake to furnish any insur�.nce of any na.ture wh�.tsoever
<br /> on t�he Premises for the benefit of tne Lessor or to p��y any premiums therefor. If, hovTever,
<br /> the possession anc�. use of the Premises by the Government is ,jeop�.rdized by the failure of the
<br /> Leg�or to �arotect tne Premises by adequ�te insurance, or to protect the interests of any
<br /> party having a mortgage or other lien ut�on or interest in the Premises, the Government may
<br /> furnish or �aay for such insura.nce a.s it m��y determine to be necessary, in which event the
<br /> premium or premiums paid by the Government sh�.11 be deducted from the stipulated net rental
<br /> payable hereunc�er to the Lessor. In the event of loss, tne aovernment shall have the right,
<br /> at its option, to apply any insurAnce ��roceeds a'uail�ble to the Lessor or to the Government
<br /> for the purpose of rebuilding, restoring, or repairing the Premises. •
<br /> 9. The Government, durin� the term of this lease, sli�ll take good care of the Premises,
<br /> and may make any �.nd all repairs, both interior �ncl exterior, neceasary to keep the Premises
<br /> in �ood order, condition, and repa.ir, �aithout the consent or approval of the Lessor. Upon
<br /> the surrender of the Premises by the Governmer:t, it shall red�eorate and/or rey�aint the
<br /> va,ca,nt por tion of the interior thereof.
<br /> 10. Whenever trle whole of said premises or any essential part thereof shall be destroyed
<br /> by any cause wha.'tsoever, the Government has the ri�ht and privile�e to rebuild, re�tore, or
<br /> repair s�ic� Premises or elect to terminate the lea.se. In the event of election to terminate
<br /> this lease, the Government sh�ll give notice in writing of intention to terminate to the
<br /> 3�essc��+ ••rithin sixty ( 60) c�ays �fter such destruction, in whcle or in any essential part,
<br /> �.nd the insta.11ment of rent pay�.ble for tre period durin� �ahich the termination occurs shall �
<br /> be �arorated. �
<br /> 11. The Government may terminate 'Ghis lease at any time c�uring the term thereof by
<br /> �ivin� to the Lessor thirty ( 30) d�ys� written notice of such intention to terminate. In
<br /> the event of sueh termination, the installment of rent payable for the period during which
<br /> the t�rmin�.tion oecurs sh<�11 be pror�a.ted.
<br /> 1`2. The Government may assign or aj�blet all or a.ny part of ths Premises to ten�.nts,
<br /> occupants, or other person� whom it m�,y select, and such assi�nees or sublessees shall have
<br /> such of the rights granted to the Government under this le�.se as the Government may grant
<br /> ta such as�ignees or sublessees.
<br /> 13. The Lessor ma_y ?�ut ux� "For Rent" si�ns fifteen �15) ��.ys z�rior to the termination
<br /> by the Qovernment of its tenancy.
<br /> . �.�-. The �essor with the intention that the Government shall rely thereon and for the
<br /> purpose of inducing the Government to enter into this lease represents, states, covenants,
<br /> anc� ?aarra.ntg that he tshe� �it) (they) has/have a right to enter into this lease and has/have
<br /> a good and marketable title to the Premises as follows: � fee simple title.
<br /> Sub,�ect nnly to the followin�;: '����� no excentions.
<br /> �5, All notices �rovided for by this lease rn�.y be given by regul�r mail adci.ressed to
<br /> the Lessor at 101� `�est First Street, Grand Isl�nc�, Nebr. or to the Governr�ent ?�ith prep�id
<br /> pA�ta�e at � HOLC, W. 0. W. Building, Omaha, Nebraska, sup,j?et to the ri�ht of either the
<br /> Les�or or the Government to designa.te by notice in writing a new address to ?ahich said
<br /> notices must be sent.
<br /> 16. The Lessor expressly covenants and a�rees to deliver possession of the Premises to
<br /> the GovernMent free of oceupariey by any tenant or any other person on or before the first
<br /> d�.y of the term of this lease.
<br /> 17. This lease sh�zll be binding uT�on the Lessor, his (her) (its) ( their) heirs, executors,
<br /> a.dministratars, gr�ntees, suceessors, and assi�;ns.
<br /> 1�. No Member of or Delegate to the Con�ress or Resic?ent Commissioner shall be admitted
<br /> to any share or part of this contract or agreement, or to any benePit to arise thereuron.
<br /> 19. : Notti,�ithstanding any provisions of this lease to the contr�ry, it is agreed and
<br /> understood between the Government �nd tne Lessor that the Government will not ma.ke any
<br /> payments outlined in any paragraph her. eof until the Lessor delivers to the_ Government full
<br /> poasession of the Premises in the same condition as said Premises were in at the time of
<br /> execution of this lease. It is further agreed and understood bet��reen the Government and
<br /> the Lessor that the Government will not assume to make a,ny such payments if the LesQor
<br /> breaches his covenan'G set forth in paragraph 16 hereof to deliver �ossession of the Premises
<br /> on or before the first day of the term as specified in para.graph 2 hereof.
<br /> -� Schedule here the ch�ra.eter of title or interest ��hich the Lessor cl�ims to have in the
<br /> demised Premises, which intereet ig req_uired to be sucn as will insure to the Government,
<br /> upon its m�king all pa.yments for ��rhich it is obli�;ated unaer this lease, undisturbed pos-
<br />' s� sion of' the 1'remises for a �eriod of not less than seven ( ) ears.
<br /> �I'�Sched le here al1 mort • es li n eneumbr�nces easement� L�ncroachments, rights�of-way,
<br /> restrict�ve covenants, zo�I��3g �egula�ions, �nd any �efects in �itle whatsoever.
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