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33�
<br /> M[� SC��ILA.�T]E��J� ��C ��.� �J
<br /> 21917rThe Auguatine Co., County 9upplies, Grand Island, Nebr. � �
<br /> covPred by the term of this lease, it not bein; intended that the Government shall uay any
<br /> assessmen� ttiThich may be payable in inst�,llments or othPr�:3rise, or in�,tal?ments of assessments
<br /> ?.�hich do not m�ture during thP terin of this lease. Ir� any ca�e ��TnPre the Lessor is obligated
<br /> un;�er the terms of any mort�age or lien itzstrumPnt to makP t�eried.ic p��_ymen�s to a Sp��ia.l
<br /> Deposita Account m�.intained b;� the Lienor fo.� tne x�a.yment of t��xes, insura.nce, et cetera,
<br /> �nP Government shr,ll make such p�.yments for tnA account of the Lessor as outlined in paragraph
<br /> 7 hereof; �ut if such taxes or. other items are not z��id. ?ay such L3.enor ?�rnen due, the Govern-
<br /> mPnt at its option ma,y ma.ke such paymei�ts �:id thereafter deduct the amounts therPOf from
<br /> a.r�y subsPC�u�nt a.mcunts d.ue sucii Lienor under the terrns hereof.
<br /> 7. During the term of this lease the Government sh��.11 pay the amounts of ��rincipal or
<br /> in�ere�t T.ti�nich may becomp due durin� the period cavered by the term oi tnis lease on a�ny
<br /> mort���e, �eed of trust, 1ien, or encumbr�nce, but only in tne �mount and according to the
<br /> schec�ule follo?�ing:
<br /> (1) Moi tgages, liPns a.nc� encumbra.ncPS other than ta_xes �nd assessments: ((�ive name and.
<br /> addr�sG oi mort�;��e�. )
<br /> i�one.
<br /> When a_ny obligat3.on scheduled. in paragraph 7 of trii:� ler.se, �,ahich is pay�.ble in substantially
<br /> eau<�1 in;�tallmen�s, is p�:.id in full durinr; tne term of �l:is 1P�.se, and upon the furnishin�;
<br /> af evidence �atisf�cto�y to the �ovArnme:7t of thP c�isen��.r�e of reco�d thereof, the Govern-
<br /> ment s:��:all p�y �s �dcitional anriva.l rent tc t:'��e Lessor, effective as of the next succeeding
<br /> date for ��:�yment of �_ny installment of rer:t her�und.er, an amount equal to one ye��r� s prin-
<br /> cipa.l anc�. inter�st amortization baymQnt or payments on �ny such obliga�i�n, ��ayable in
<br /> qua.rte.rly inst�llrnents in thP sam� mrnner as the �rgnt specified in �aragraph 3 hereof.
<br /> When any :�ingle p�.yment rnortg�.ge obliga-tion on which interest only is acheduled in �aragraph
<br /> 7 of thi� 1P�se is p<�id in full d�arir:�; thP term of this lease, and upon the furnishing of
<br /> evidence satisf��,ctor� to the GovPrnment of t?ie dischar�e of record thereof, the Government
<br /> sha7_1 pay a�, additional annual rent to the Lessor. , ePfective �s of' the next succeeding date
<br /> fol r���.ymPn� of a.ny installment of rent hereund�r, an amount equal to tne annual amount re-
<br /> • served by thP Governm�nt to t��y �uch interest on such obligation, and such adcitional annual
<br /> rent sh�11 be nayable in quarterly insta.11ments in tn.e s�-�mP m�nner as the rent specified in
<br /> par��;ravh 3 hereof. The Lessor covenants and agrees not to nermit, place, or cause to be
<br /> placed arly mort�agP, deed of trust, lien or er�cumbrance of any kind_ on the PrPmises after
<br /> the execution of this lease Taithout thP ��rior consent of the Government.
<br /> �. The GovPrnment does not undertake to f�.zr�,ish any insur�-::�ce of any n�.ture ��rhatsoever �
<br /> on �he 1'r?misPS for the benefit of �he Lessor or to ��ay any premiums therefor, tf, however,
<br /> , thA pos.�e�sion �.nd use of the Premises by the Government is ,jeopardized by the failu��e of
<br /> the Les�or to proteet the Premi�e� bsj a�,eo�.a�.te insu���ar:ce, or to x�rotect the interPsts of
<br /> any x�arty havin� a mort�ag� or atrer �iPn upon or interest in the PremiseG, the Government
<br /> r�ay fu��nieh or pay °or s�.zch insur°��ncP a:; it m�y determine to be necessary, in which event
<br /> thQ x�remium or premiums p�ia. by th� Government s�iall be deducted from the stipulated net
<br /> rPnt��l ���yable hereund.er to the Lessor. In the event of loss, the Government shall have
<br /> the ri�;ht, at its option, t� apr�ly any insur�rice �.�roceeds av�.ila.ble to t}ie Lessor or to the
<br /> Governmc�r�t for the purpose of rebuilc�.in��;, restorin�, or repairin� the Premises,
<br /> 9. ThP GovPrr_men�, e�urin�; the term of �his Iease, s;�a11 t�ke .good c�re of the Premises,
<br /> and may makP any �nd all repair�, both interior and ex�erior, necessary to keep the Premises
<br /> i.n �ood order, condition, and rPpa.ir, without the consent or apx�roval of the Lessor. Upon
<br /> tne surrender of the PremisPS by the Governmerit, it sha.11 redecorate and�or repaint the
<br /> vac�nt �aortion of t:nP interior thereof.
<br /> 10. �'►�ienev�r t'r�e ?AT�101h' of s�id ,�remises or a.ny essenti�l part thereof' shall be destroyed
<br /> by any c�use whatsoever, the Governmer�t has tne ri�nt and. privile�e to rebuild, restore, or
<br /> ren�.ir. s�ic� Premises or elect to termin�.te t�e l�a.se. In the event of election to terminate
<br /> t�iG l�ase, th€� Govern rrent sh��ll =;ivP notice in writing of intention to terminate to the
<br /> Lessor ��r�thin six�y �6Q) days after such destruction, in z�rhole or in any essential pa.rt, �n�
<br /> the inst�.11merit of rent payable for t::�P t�eriod during ?•:hich the termina.tion occurs shall be
<br /> prora.ted.
<br /> 11. The GovPrnmPnt m��y terminat� this leatiP ,at any timP durin�; the term thereof by
<br /> givin� to the Lesaor thirty t30) days � �aritten notice of such intention to termin�..te. In
<br /> the event of such termin�.ti:?n the installment of re�it ��ayable for trie period during tahich
<br /> �he termina.tion occui s �h<�lI be �rorated.
<br /> 12. ThP Governme:�t may �ssign, or sublet all or any p�rt oi the Premises to t�na.nts,
<br /> o�eupants, or other persons whom it may sPlect, a.n� such assi�nees or sublessees shall have
<br /> such oi �he rights �ranted to the GovernmPnt undPr tnis lease as the Government may grant
<br /> to s�_zch assignees or sublessees.
<br /> 13. The L�SSOr m�:y nut up '�For Rent�' Si�ns fifteen �15) days pr�or to the termination
<br /> by �he Government of its tenancy.
<br /> 1�+. �l'he Lessor ?aitn the intention th�t the Government sh:�ll rely thereon and for the
<br /> nurnose of ind.ucing the GovPrr�ment to enter into this lease represents, states, covenar�ts,
<br /> a,nC_ :�i�rr�nts tnat he � she) � it) � they) nas/:"l�.ve a rig��t to e:lter into tr.is lease a.nd has/�ave
<br /> a right to enter into this leasP and ha.s�h�ave � good ar�d. ma.rketablP title to tne Premises �s
<br /> folloUrs : �
<br /> FPe simple title.
<br /> �ub�; Act only to the folloT.�rin�: 'l`'h'
<br /> l�. A11 notices providQd .fo�^ b�,- this lease m�y be given by regular m�il addressed to
<br /> tne Les�or at 1902 West Charles StrePt, Grand Ialand, Nel�r. c� .r to tne Government with prenaid
<br /> post��e �a�'resred ta THE UNITED STATES OF AP�r'�ICA --NATIOiVAL HOUSING AGENCY, �t c/c HOLC,
<br /> WOW Buil�3in�, Omaht�., l�ebrasl�a, sub�ject �o the richt o�' °ither the LPSSOr or ti.�e Government
<br /> to c?.psignate by notice in T•,�ritin�u � new address to �1�:zich sa�id. notices must be ser:t.
<br /> 16. The Lessor exprP�sly covenants a.nd agrePS to deliver ��ossession of the PrPmises to
<br /> the Goverr�rnent free of occupancy by a.ny ten�.;�t or any otr,er x�erson on or bPfore the fi�»st
<br /> day of ti�P term o�`' tliis lease.
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