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<br /> 1vIISC�LI�AN�OUS I�.ECORD V
<br /> 29058�TNBAUBUlTINECO.GRANDISLIINO.XEBR. �
<br /> (10) OPTION. Lessor hereby give to lessee the right and option to purchase the demised
<br /> premises and all structures and improvements thereon at any ti�he durin� the ter,n of this
<br /> 1 ease or an extension or renewal thereof, for the sum of Thirteen Thous�.nd Doll�.rs Dollar�
<br /> (�13, 000. 00�. Should a part Qf the premises herein demised by condemned, the amount of '
<br /> dama�es �.TJ�ard.ed to lessor in consequence thereof shall be deductible Prom such sum.
<br /> Lessor also agrees that if at z�ny time during the term of this lease or any extension or
<br /> renewal thereof, he sha.11 receive a bona fide offer to nurchase the demised nremises, tahicl�
<br /> offer he shall desire to accep't, he T�ill immediately give the lessee written notice of the
<br /> recei�t of such offer �nd of his desire to accept s�.me, and lessee shall have thirty days
<br /> after� receipt of such notice in which to elect to purchase said premises upon the sa.me term
<br /> as those contained in such offer.
<br /> Lessee 's notice of election to purchase pursuant ta either oP the options granted in the
<br /> two preceding nara�raphs shall be: suPficient iP denosit�d in the mail addressed to lessar
<br /> at or bePore midni.�;ht of ttle day on which ontion perioc� ex�irea. Lessor shall, when requested
<br /> by lessee, deliver to lessee complete abstracts of title, furnish up-to-date survey by a
<br /> licensed or registered professional en�ineer or surveyor, showing elevations oY �roperty
<br /> and corners markea with conerete monuments, upon receipt of �hich the lesaee shall have a
<br /> reasonable time in tahich to examine the title and, u��on completion of title examination, if
<br /> title is fo und s�tisfaetory, shell tender the purchase price to lessor, a,nd lessor, at tirne of
<br /> sueh tender, sh�ll deliver to the lessee a good and su�ficient warranty deed convey3.ng the
<br /> premiaes to the lessee f ree and clear of �.11 encumbrances (including, without limiting the
<br /> foregoing, the rignts of dower and/or curtesy) .
<br /> (11) APPLICAT�OI� OF OP TION PTJRCHASE PRICE. In event accruing rentals a.re insufficient
<br /> to reimburse lessee for expenditures made by lessee hereunder, and in event lessee excercises
<br /> the opti�n to purchase the demised premises, lessee may apply such part of the urchase price
<br /> as is necessary to (a) completely reimburse itself for auch expendit�ares and (b� pay any .
<br /> other indebtedness of lessor to lessee, togeLher with interest at six per cent.
<br /> (12) HOLDOVFR. If, at the expiration or termination oP this lease or any extenaion thereof,
<br /> lessee shall holdover for �.ny reason, the tenancy oP lessee thereafter shall be from month
<br /> to month on�y and be sub,�ect to �11 the other terms and conditions of this lease, in the
<br /> absence of a written agreement to the contrary.
<br /> N "
<br /> (13) ASSIG��ENT A�TD SUB-LETTING. Lessor consents tha,t lessee may assign or sub-let the
<br /> premises, provided that lessee shall rema.in liable to lessor for the performance of all
<br /> the terms hereof.
<br /> (1.4) l�OTICE. Notices from lessee to lessor shall be sufficient if delivered to lessor,
<br /> or if plaeed in the United Sta.tes Mai1s addressed to the address sho�+Tn in this lease. Notices
<br /> from lessor to lessee ahall be qufficient if posted in the United 3tates Mails, posta�e
<br /> prepaid, addressed to the lessee' s principal nl�.ce oY business as shown in this lease.
<br /> (15) APPROVAL AND SIGNING BY LESSEE. This agreement, whatever the circumstances, shall
<br /> not be bin�?ing �rn the lessee unless and until approved and signed in its behalf by an
<br /> Executive Officer, General Sales Manager, Assista.nt General �3ales Manager, Manager De�.ler
<br /> sales (Executive Sales O�fiee) , Assistant Manager Dealer Sales (Executive 9ales OPfice),
<br /> Manager Real Est�.te Division or Territorial Manager (Domestic Sales Depaxtment ) .
<br /> (16), SUCCESSORS A"JD ASSIGNS. This agreement shall be binding upon and shall enure to
<br /> the benePit of the parties hereto and their respective successors or assigns.
<br /> IN ?�tITR?E5S ��1HEREOF lessor and lessee have hereunto subscribed their names the day and
<br /> year first above writ�en.
<br /> John H. Claussen (Lessor)
<br /> '�Titneas: F. L. Pierce
<br /> ��Titness:- - - - -- - - - (CORP) THE TEXAS COMPANY (Lessee)
<br /> ( SEAL) By S. C. Bennett, Manager .
<br /> Attest: E.M. McCut�heot��;
<br /> Aast. Secretaxy
<br /> STATE OF NEBRASKA)
<br /> SS {Acknowledgments�
<br /> COUNTY OF HALL )
<br /> On this 24 day of Se�t. 1947, before me, aNv�ar�� Public, in and for
<br /> said County, personally ca.me the above named John H. Claussen who is personally kno?�rn to me
<br /> to be the identical person whose name is affixed to the above instrument as lessor and he
<br /> �.eknoT�aledged said instrument to be his voluntary act and deed.
<br /> Witness my hand and notarial seal, the date last aforesaid.
<br /> Bernice E. Matthewg
<br /> ( 3EAL) Nota.ry Publie.
<br /> My commission expire�: 2-2-5-
<br /> Approve� as to: Terms P.Z. Description H. E.A. Form 'B. S. , �
<br /> Filed for record the 5 day of February, 19�� at �: 30 o 'clock A.�I.
<br /> � egis er of e s.
<br /> GPEI�EF�AL� AF�I�AVI�_O-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-�0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0�0
<br /> Short h
<br /> STATE OF Nebraska) Grover C. R�ven of the town of Ca.iro, County o� Ha�l, and Sta'te of
<br /> Nebraska, being duly scaorn, doth depose and say that I was well
<br /> Hall County ) acquainted ��rith James E. Orndoff and had been for more than thirty ye�g
<br /> immediately preceding his death, which occurred on November 25th. 19�2
<br /> and th�.t he is interred in the Mount Ple�sant Qemetery at Cairo, Nebraska.
<br /> And further this deponent saysnot. Grover C. Raven
<br /> Subscribed and sworn to before me this fourth day of Februa.ry,A. D. 194£�.
<br /> Wayne S. Sorensen
<br /> �s�� Notary Public.
<br /> My commission expires April 14, 1953. ,,
<br /> Filed for record the 5 day of February, 194� at 10: 30 0 ' clock A. M. ����� ��'�-�- I
<br /> egister of eeds.
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