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<br /> �1[� SC ]E�,�LA,��E��J� ��C ��� �J
<br /> 21917—The Auguatine Co., County Bupplies, Grand Island, Nebr.
<br /> The aovernment may, but shall not be required to, pay on behalf of the Lessor any other
<br /> taxes, assessments, munlc3pal and governmental rates, water rates, prineipal and intereat
<br /> on liens, and other eneurobrances on the premises not listed in this paragraph, due and un-
<br /> paid at the time of the be�inning oP the term oP this lease, together w3th any interest and
<br /> penalties due thereon up to the time of payment, or any additional interest and penalties
<br /> due and unpaid on any items listed in this paragraph up to the time oP payment thereof, in
<br /> which event the aovernment will deduct the amount of such payment or payments from any rent
<br /> or rents due or which become due to the Lessor.
<br /> 6. The Qrovernment agrees during the term of this lease to pay each year all taxes and
<br /> water rates, all assessments (special or improvement) , and municipal or governmental rates,
<br /> which are levied and imposed upon said Premises, or any part t�lereof, and become due and
<br /> payable during the period covered by the term of this lease: Frovided,. however, That the
<br /> Government shall be required to pay only such assessments, or installments of assessments
<br /> � special or improvement) , which are levled and impose upon said Premises, or any part
<br /> thereaf, and which if unpaid will become past due and�or delinquent durin� t�ie�perio8
<br /> covered by the term of �his lease, it not being intended that the aovernment shall pay
<br /> any assessment which may be pay�ble in installments or otherwise or installments of
<br /> assessmen'ts whieh do not mature during the term of this lease. fn any case where the
<br /> Lessor is obllgated under the terms of any mortga�e or lien instrument to ma.ke periodic
<br /> payments to a 3pecial Deposits Account maintained by the Lienor for the payment oP taxes,
<br /> insurance, et cetera, the Governrnent shall make such payments for the account of the Lessor
<br /> as outlined in paragraph 7 hereof; but if such t�.xea or other iteme are not pa�d by such
<br /> Lienor when du�, the (�overnraent at ite option may make such payments and thereafter deduct I
<br /> the �mounts thereof Prom any subsequent amounts due such Lienor under the terms hereof'. �
<br /> 7. During the term of this lease the Government ahall pay the amounts of principal
<br /> or interest whlch may become due during the period covered by the term of this lease on ,
<br /> any mortgage, deed of trust, lien, or �ncumbrance, but only in the amount and aecording '
<br /> to the schedule following:
<br /> (1) Mortgages, liens and encumbrances other than taxes and assessments: �(�iv� name
<br />� and address oP mortgagee. )
<br /> None.
<br /> When any obligation achedul.ed in paragraph 7 of this lease, which is payable in $ubstantially
<br /> equa.l installments, is paid in full during the term of this lease, and upon the Purnishing
<br />' of evidence satiafactory to the (�overnment oP the di$charge of record thereof, the aoeernment
<br /> ahall pay as additional annual rent to the Lessor, effective as of the next aucceeding dat�
<br /> for payment of any installment of rent hereunder, an amount equal to one year�s principa�.
<br /> and interPSt amortization payment or payments on any auch o�ligation, payable in quarterly
<br /> installments in the eame manner as the rent apeciPied in paragraph 3 hereoP. When any
<br /> gingle payment mort�age obligation on whieh intereat only is scheduYed in para�rauh 7 oP
<br /> this lease is paid in full durin� the term of this lease, and upon the furnishing of evidence
<br /> satisfactory to the aovernment of the discharge of record thereoP, the aovernment shall pay
<br /> as additional annual rent to the Lessor, et'fective as of the n�xt suecee3ing da.te for pay-
<br />' ment of any installment �f rent hereunder, an amount eQual to the annual amount reserved by
<br /> the Government to pa.y such interest on such obligation, and auch additional annual rent shall
<br /> be payable in quaxterly installments in the a�zme manner ae the rent apecified in paragraph 3
<br /> hereof. The Leasor covenants and a�reea not to permit, place, or cause to be placed any '
<br /> mortgage, deed of trust, lien or encumbrance of any kind on the Premises after the eaecution
<br /> of thia lease without the prior conaent of the aovernment.
<br /> �. The Gavernment does not undertake to furnish any inaurance of any nature whataoever '
<br /> on the Premises for the benefit of the Lessor or to pay any premiuma therePor. tf, hov�ever, �I,
<br /> �he possession and use of the Premisea by the aovernment is �eopardized by the P�ilure of the I
<br /> �e�sor to proteet the Premises by adequate insurance, or ttr :protect the interests of any party
<br /> having a �ort�age or other lien upon or interest in the Premises, the aovernment may turnish '
<br /> or pay for such insura.nce as it may determine to be necessary, in which event the premium or
<br /> premiums paid by the aovernment sha11 be deduated from the stipulated net rental payable ,
<br /> hereunder to the �essor� In the event of loss, the (�onernment shall have the right, at its ,
<br /> optian, to apply any insurance proceede available to the Lessor or to the aovernment for the
<br /> purpose of rebuilding, restoring or repaSring the 1'remises. �
<br /> 9. The Government, during the term of this lease, shall take good care oY the Premises,
<br /> and may make any ancl all repairs, �oth interior and exterior, necessary to keep the Premises
<br /> in good order, condition, and repair, without consent or approval oY the Lesaor. Upon the
<br /> sursender oP the Premiasa by the Government, it ahall redecorate and/or repaint the vacant
<br /> portion oP the interior thereof.
<br /> 10. Whenever the whole oP said premisee or any essential part thereoP shall be destroyed
<br /> by any cause wha.tsoever, the Government has the right and privilege to rebuild, restore, or
<br /> - repair said Premises or elect to terminate the lease. In the event of election to terminate
<br /> this lease, the Qovernment shall give notice in writing of intention to terminate to the
<br /> Leasor within sixty �60) days after such deatruction, in whole or in any essential part, and
<br /> the installment o� rent pay�ble Por the period during which the termination occurs shall be
<br /> prorated. -
<br /> 11. �he Government may. t�rminate this lease at any time during the term thereoP by
<br /> giving to the Lessor thirty 30) days � written notice of such intention to terminate. In
<br /> the event oP such terminatlon, the inatallment oP rent payable for the period during whieh
<br /> the termination occurs ahall be prorated.
<br /> . 12. The G�overn ment may assign or sublet all or any part of the premises to tenants,
<br /> occupants, or other persons whom it may select, and such assignee or sublesaeea shall ha.ve
<br /> such of the rights granted to the aovernment under this lease as the aovernment may grant
<br /> to such assignees or sublesaees.
<br /> 13. The Lessor may put up "For Rent° signe fifteen �15) days prior to the termination
<br /> by the Gonernment oP its tenancy.
<br /> 1�+. The Lessor with the intentian that the aovernment shall rely thereon and for the
<br /> purpose of inducing the Government to enter into thla lease represents, statea, covenant$,
<br /> and warrants that he ( ahe) �it) (they) has/have a right to enter into this lease and has/have
<br /> a good and marketable title to the premieea ae follows: �
<br /> Fee aimple title in Lessor, Addie B.Yund.
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