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<br /> ��'�
<br /> �� SC ]E�.�,�►.�T���U� ��C ��� L7
<br /> 21917—The Augustine Co., County Supplies, Grand Island, Nebr. .
<br /> 1 month' s payment due 12-1-�3
<br /> Principal, �ll.00
<br /> Interest, �11.00 � 22.00
<br /> (2) Taxes, assessments,rnunicipal or governmental rates,and cvater rates, including interest
<br /> and penaltiea:
<br /> �
<br /> �
<br /> �
<br /> I
<br /> � �
<br /> TOTAL �22.00
<br /> The Governr_nent may,but shal..l not be required to,pay on behalf of the Lessor any other
<br /> taxes,asses�men'�s,municipal and governmental rates,water rates,principal and interest on
<br /> liens,and ot�.zer encumbrances on �lie premises not lis�ed in ��iis paragraph,due and unpaid
<br /> at the time of the beginning o�' the term of tlzis I.ease, together wi�h any interest and
<br /> p�nalties due thereon up to the time of payment, or any additional interest and penalties
<br /> due and unpaid on any iterns listed in this paragraph up to the time oP paymen� thereo�',
<br /> in which event the Government will deduc� the amoun� of such payment or payments from any
<br /> ren� or rents due or which beeome due to the Lessor.
<br />` 6.The Government agrees dur9.ng the term of this lease to pay each year all taxes and water
<br />'� rates,all a�sessments ( special or improvement) ,and municipal or goverrunental ra'Ges,which
<br /> are levied and �.mnosed upon said Premiges, or any part thereof,and become due and payable
<br /> during the per3.od covered by the term of tnis 1et�se:Provided,however, That the Governmen�
<br /> � sk�all be required to pay only such assessments, or installments of assessment� ( special or
<br /> improvement) ,which are levied and imposed upon said Premises, or any pe.rt thereof,and
<br /> whieh 9.s unpa�d �vil1 become past due and/or delinquent during the per3.od covered by the
<br /> term of this 1.ease, i� not being intended that the Government shall pay any assessment
<br /> which may be payable in in��allmen�s or otherwise, or ins�alZments oP asseasments which
<br /> do not mature during the term o�' thia lease.In �ny case where the Lessor is obligated under
<br /> '�he terms of any mortgage or lien instrument tn make periodic payments to a, Special Depos-
<br /> its Account maintained by the Lienor for the payrnent of taxes, insurance, et ce�era, tlie Gov-
<br /> �rnmen'� shall z�ake 8uch payment �or the account of the Lessor as Qutlines in paragraph 7
<br /> h ereof;but 3.f' such taxes or other items are not paid by aucll Lienor when due, the Government
<br />' at its option may �ake such payrnents and the-reaPter deduct the amounts tlzereof from any
<br /> subsequent amounts due such Lienor under the terrna hereoP.
<br /> 7 .During t�z� term oP this lease tile Government sha11 �aa.y the a.mounts of pr3.ncinal or int-
<br /> e rest which may become.du�� durin� t�:e ?�eriod covered by the terrn` of tnis lease �on any ;mort gage,
<br /> deed of tru�t, 1ien, or encumbra.nce, but only in tlle amount and according to trle achedule �`ollowing:
<br /> i � l) Mortgages,liens and encumbrances other than. taxes and assesaments: ( Give name arid
<br />' addreas of mort�age�)
<br /> " First mortgape to The Equitable Building & Loan Association of Grand Island,NebrasYa,
<br /> d ated November 1,19�3, in �he original asnount of ��200.00,�vith interest at 6 per cent per
<br /> annurn, flled for record on the 26 day of October,1943, in the o�'fice oP the Register o�' Deedd �
<br /> in and for Hall County,l�reoraska, in Book �j,Page 255.Term 13� months;balance due as oY November
<br /> 1 ,19�+3, �2200.00 payable by the Governmen� at the monthly rate of �22.00, including pr3.ncipal
<br /> and intere�t,beginning Janu.ary 1,19�+,and monthly tliereafter. "
<br />� When any obligation scheduled in paragraph 7 oP this lease,whieh is payable in substantially
<br /> equal installments, is paid 3.n Pull durtng the term o�' this lease,and upon the Purniahing
<br /> of evidence satisfactory to the Government of the di�charge of record tliereoP, the Govern-
<br /> m ent shall pay as additional annual rent �o t��e Lessor, ef�'ective as of the next succe�d�:ng
<br /> date �e�r paymen� of any installment oP rent hereunder,an a.mount equal to one year� s prin-
<br /> cipal and �.nterest amortization payment or payments on any such obligation,payable in
<br /> quarterly installmen�Gs in tlze same manner as the rent speci�'ied in paragraph 3 hereo�'.When
<br /> any single paymen� mortgage obl�gat3on on which interest only is scfzeduled in paragraph 7
<br /> of this �ease is paid in Pull during the term o� this lease,and upon the furn3.shing oP
<br /> l evidence satisfactory to the Government oP the discharge of' record thereof, the Government
<br /> 1 ahall pay as add.itionr�l. annual. rent to the Lessor, effective as of the next succeeding date
<br /> f or pa�Tment oP any installment of rent hereunder,an ariount equal to the annual amount re-
<br /> served by 'Ghe Governrnent to pay such interest on such obl3.gation,and such additional annual
<br /> rent shall be payable in quarterly ir.stallments in the same manner as the rent specified
<br /> in paragrAph 3.hereof.�'he Lessor covenants and agreea not to perm�t,place, or cause to be
<br /> p laced any mortga�e, d�ed of trust,lien or encurnbrance of any kind on t11e Prem3.se� after
<br /> t he execution of tl�is Iease without the prior consent of the Government.
<br /> �. The Government does not undertake to furnish any insurance of any nature whatsoever on �he
<br /> Premises for the benefit o�' the Lessor or to pay any premiums therefor. If,however, the po�,s-
<br /> ession and use of the Prem3.ses by the Government is �eopardized by the failure of the Lesaor
<br /> 'Go pro�ect the Premises by adequate inaurance,or to protect t�ie interests of any party having
<br /> a mortgage or other lien upon or interzst in the Prer;:i�es, the Government may furn�.sh or pay
<br /> f or such ins�arance as i� may de�er�nine to be necessary, in which event the premium or premiums
<br /> naid by the Government shall be deducted �'rom tYie s'�ipulated net rental. payable hereunder to
<br /> '��e Lessor.In �he even� of loss, the government sha11 have tfie ri�ht,at its option, to apply
<br /> a ny in�urance proceeds available to the Lessor or to the Government Por the purpose of re-
<br /> b uilding,restoring, or repaitring the Premises.
<br /> 9. ihe Government, during the term of this lease, shal7. tal�e good care o� the Premises,and may
<br /> make any and all rep��.rs,both interior and exterior,neceasary to keep the Premise� in good
<br />�' order, condition,and repair,v�rithout the consent or approval of the Lessor.Upon the surrender
<br /> o�' the Premises by the Government, it shall redecorate and/or repaint the vacant portion of
<br /> the 3.nterior thereof.
<br />'r 10. Whenever the whole of said prer�ises or any essential part thereo�' shall be destroyed
<br /> by any cause whatsoever,the Government llas the right and privile�e to rebuild,restore,or
<br /> repair said Premises or elect to term�nate �he lease.In the event o� elec�ion to terminate
<br />� this lease, the Government shall give notice in writing oP intention to terminate to the
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