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<br /> �� �� �Jl.S�� l�l �� �J � ��� �Jl�l� �J
<br />�� 21817—The Augustine Co., County 8upplies, Grand Ialand, Nebr. � �- �
<br /> ��hich are levied ancl imposed upon said Premises, or any part thereof, and become due and
<br /> payable during the period covered by the term oP this lease: Provided, however, That the
<br /> 4overnment sh�.11 be required to pay only such assessments, ox installments of assesgments
<br /> ( special or improvement), which �,re levied and imposed upon sa.id Premises, or any part
<br /> thereof, and �ahich if unpaid will become past due an��or delinquent during the perlod
<br /> covered by the term of t his lease, it not bein� intended tnat the f€ovPrnment shall pay
<br /> any a.ssessment �uhich may be payable in installments or mtherwise,� or installments of asess-
<br /> ments wnich �o not mature durin�; the term of t7�is lease. In any case where the Lessor is
<br /> obli��t�d under the term� aP any mort�age or lien instrumPnt to m�ke_ periodic payments to
<br /> �t 9g;ecial Deposita Account maintained by the Lienor for the payment of taxes, insurance,
<br /> et cetera, the aovernment shall make such p�.yments for the account of the Lessor as out-
<br /> lined in paragra�h 7 hereof; but if such t�.xes or other items are not paic� by such Lienor
<br /> when c�ue, the Government at its o��tion m�.y make such payme�ts a.nd thereaPter deduct the
<br /> amounts thereof from €�ny subsequent �.mounts due such Lienor under the terms hereoP.
<br /> 7. During the term o�' t�iis lease the GovPrnment shP.11 pay the amounts of principal or
<br /> intereat which may becor�e due durin, the period covered by the term of this lease on any
<br /> mort�age, deed of trust, lien, or encumbrance, but only in the amount and accordin� to the
<br /> schedule following:
<br /> (1) Firat mortgage: (Give n�.me �nd address of mort�a�ee. )
<br /> First mort�age to The Eo,uitable Building and Loan Association oP
<br /> arand Island, Nebraska. dated and recorded July 1�, 1937, in Book 76 pa�e 40
<br /> of the Mortgage Recorda of Hall County, Nebr. , in the principal sum of �320�.00,
<br /> payable by the government at tize rate of �30.00, includin� principal and interest
<br /> each mo nth beginning June 1, �943.
<br /> (2) Second mort�;age: �uive name and address �f mortgagee. ) -
<br /> None.
<br /> (�) Liens �nd. eneumbrances other than taxes and assessments: (Give names and '
<br /> addresses of lienors. )
<br /> None.
<br /> ��Then �ny obli�ation scheduled �n p�.ragrat�h 7 of this lease, which ig p�.yable in substPn-
<br /> tial�ly equal instal.lments, is paid in f ull du.ring the term of this lease, and ul�on the
<br /> furnishin� of evidence satisfacto.ry to the Government af the discharge of record thereof,
<br /> the Go�rernment shall pay as �.dc�.itional annual rent to the Les�or, eFfective as of the
<br /> next succeedin; date for payr,lent of any installment of ret�t� hereunder, an amount eau�.l to
<br /> one year' s principa_l and interest amortizati�n �a.yment or �?r�.�rments on _any suc�i obli�a.tion,
<br /> ��aya.ble in quarter].y insta.11ments in tne same mant�er �s the rsnt specified in �ara�raph
<br /> 3 hereof. When any sin�le p�.yment mort���ge obli��tion on which interest only is scheduled
<br /> in paragraph 7 0�' this lease is paid in full durin� the term of this lease, a,nd upon the
<br /> furnishing of evidence satisfactory to the Government of the disch�.rge of record therPOf,
<br /> the Government shall vay as ad�-�ition�.l annual rent to the Lessor, �f'f'ective. as of the next
<br /> succeedin� ciate for p�yment of any installment of rent hereunder, an amount equa.l to the
<br /> annual amount reserved by the Government to p��y �uch interest on such obli�ation, .and such
<br /> ad�!itional annual rent sh�.11 be payable in au�rte .rly ingtall.ments in the s�me manner as
<br /> the rent specified in �a,ragraph 3 hereof, The Lesaor -covenants and agrees not to permit,
<br /> place, or cause to be placed any mortg�ge, deed of trust, lien or encumbrance of any kind
<br /> on the Premises t�fter the execution of th.�s lease without the prior consent of the Govern-
<br /> ment. �
<br /> �. The Qovernment d�es not undert�ke to furnish any ins��rance of any nature wha,tsoever
<br /> on the Premises for the bene�it of the Lessor or to ��ay �.ny premiums therePor. It', ho�vever,
<br /> the possesaion axid use of the Premises by the Government is ,�eopardized by the P�ilure of
<br /> the Les�or t� protect the Premises by adequate insura.nce, or to protect the interests of
<br /> an�r party h�vin� a mort��.ge or other lien ut�on or inte .rest in the Premises, the Qovernment
<br /> may Purnish or p�,y for such insurance, as it may determine to be necessa.ry, in which event
<br /> the premium or �remiums paid by the Government sha11 be deducted from the stipula,ted net
<br /> renta.l payab_le hereunder to the Lessor. In the event of loss, the Government shall h�.ve
<br /> the right, at its option, to apx�ly any insurance proceeds available tc� the Lessor or to the
<br /> Government for the purpose of rebuildin�, restoring, or rep�irin� the Premisea,
<br /> g. The Government, during the term of this lease, s�all ta.ke �ood care oP the Premises,
<br /> an� may make any and a.11 rPpairs, both interior �n d extarior, necessary to keep the Prem-
<br /> ises in �ood. orc3er, eondition, �nc� r?pair without tne eonsent or �pproval of the Lessor.
<br /> Upon tlle surrender of the Premises by the Government, it sh�.11 redecor�te and/or repaint
<br /> t?�e vacant portion of the interior thereo�'.
<br /> 10. Whenever the whole of s�ic� �remises or any easential n�.rt thereof sha.11 be dea-
<br /> troyed by any cause «hatsoever, the Government has the right and privilege to rebuild,
<br /> restore, or. rep�ir s�,id Premises or elect to terminate the lease. In the event oP election
<br /> to terminate this lease, the aovernment sh��ll give notice in writin� oP intention to
<br /> termin�te to the Lessor within gixty (60) days after sucYi destruction, in whole or in any
<br /> es�ential p�rt, and the in�tallment of rent p�.yable Por tne perlod during which the term-
<br /> in�.tion occurs shall be prorated.
<br /> 11. The Government may termin�te this lease at any time during the term t�iereof by
<br /> gi.sring to the Lessor thirty (30) days ' written notice of such intention to terminate. In
<br /> the event o�' such terminr�.tion, the inst�llment of rent payable �or the ��eriod durin� which
<br /> the termination occura shall be �rora.ted.
<br /> 12. The GovernmPnt may as�i�n or sublet all or any x�art of the Premises to tenant�,
<br /> occup�.nts, or other persons whom it may select, and such a.�signees or sublessees shall
<br /> have such af the ri�hts gr�nted to the Government unc�er this lease as the Government m�.y
<br /> �rant to such a^�signees or sublesseea.
<br /> 13. The Lessor ma.y put up "For Rent" sign s fifteen ��5) days prior to the termin�.tion
<br /> �y thP Government of its ten�ncy.
<br /> 1�. The Lessor T�ith the intention tYiat the Qovernment sh��ll rely there on and for the
<br /> bur�ose of inducing the Government to enter into this le�se represents, states, covena.nts,
<br /> and T�rarrants tnat he ( she) ( it) ( tney) has�have a right t� enter into this le�se and has/ht;ve
<br /> a �oad ancl marketable title to the Premises as f�llows: � Pee simple title
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