|
r
<br /> ��'�
<br /> I�IISC�LLANEOUS RECORD W ��'
<br /> 39289-7HEAUGUSTINECO.GR7lNDI5LAND.NEBR. ' . � ,.. .
<br /> LEASE
<br /> Form 528-G.R. Rev. 6-50 � Hereafter to be known as Lease # A-290
<br /> LEASE
<br /> This Lease, made this 27 day of February, 1952, by and between Cecil R. Holloway £� Lila C. Holloway,
<br /> � whose address is Cairo, Nebraska, Lessor, and STANDARD OIL COMPAATY, an Indiana Corporation, with its
<br /> principal office a.t 910 South Michigan Avenue, Chicago, Illinois, Lessee:
<br /> WTTNESSETH;
<br /> l. The Lessor hereby demises and leases to,the Lessee, the follawing described premises situated in
<br /> the City or Town of Cairo, County of Hall, State of Nebraska more particularly described as follows, to-wit:
<br /> All of lot 19 of block 5 of the Original Town of Cairo,
<br /> Hereafter to be known as Lease # A-290
<br /> If the premises are improved, this lease includes the buildings, fixtures, equipment, machinerq and
<br /> appliances owned or controlled by the Lessor and located on said premises.
<br /> TO HAVE AATD TO HOLD unto the Lessee for a term commencing on the 27th day of February, 1952, and ending
<br /> on the 26th day of February, 1953.
<br /> 2. Lessee agrees to pay to the Lessor a.s rental f or the above described premises, buildings, fixtures,
<br /> equipment, machinery and appliances (if any be included), a sum equal to One Fourth cent (4¢) per gallon
<br /> on all gasoline (not including naphthas, stove and li�hting gasolines and like products not customarily
<br /> used in motor vehicles) delivered to such service station for sale. Such rental shall be due and payable
<br /> on or before the fifteenth day of the succeeding calendar month.
<br /> All rental payments may be made by check payable and delivered to Cecil R. Holloway, personally, or by
<br /> mail, at Cairo, Nebraska, Unless otherwise designated herein, all rental payments may be made by check
<br /> delivered to Lessor or mailed to Lessor at his address herein shawn.
<br /> 3. In consideration of the foregoing, the Lessor herebp sets over and assigns unto the Lessee, with
<br /> right of Lessee to reassign to others, all of Lessor�s licenses, cQnsents and permits to maintain and operate
<br /> a ga.soline service station on the above described premises; such assignment to be effective onlp during the
<br /> term of this lease, and all renewals and extensions thereof.
<br /> 4. Lessee and any assignee or sub-lessee is expressly given the right at any time during the term of
<br /> . this lease or any extension thereof, and f or a period of thirty (30) days after the termination of this
<br /> lease, or any extension thereof, by lapse of time or otherwise to enter upon and remove from said premises
<br /> any improvements or equipment heretof ore or hereafter purchased or placed by it or them upon the leased
<br /> premises, but shall not be obliged to do so.
<br /> 5. Lessor will keep the building, driveways, the water pipes, drains and sewers appurtenant thereto
<br /> and all of Lessorts equipment on the demised premises in good and sufficient condition and repair during the
<br /> whole of the term hereof. The Lessee shall have the right to paint the entire building but shall not be
<br /> obliged to d o so.
<br /> 6. The Lessee sha]_1 have the option of extending this lease as hereinafter provided, upon the same
<br /> � � ' terms and conditions which were in effect during the original term. The period or periods of such extensions
<br /> � shall be in accordance with either one of the follawing two clauses, the inapplicable clause having been
<br /> � stricken before the execution of this lease: i
<br /> . �H I
<br /> �s--�-�e��e�-e€-----------------3�ea�s-€�+e�-�ke-e����a�}e�-e€-�ke-e�+�g}�a�-�e��-ke�ee€.KDH
<br /> CRH
<br /> , ' II. A total of not more than 4 successive periods of one y,ear each.
<br /> The rental to be paid by the Lessee during said extension period or periods shall be a sum equal to One
<br /> Fourth cent (4¢) per gallon on all gasoline (as def ined in paragraph 2) delivered to such service station
<br /> f or sale.
<br /> The Lessee shall give to the Lessor written notice of its intention to exerc,ise its extension privilege
<br /> at least thirty (30) day� prior to the expiration of the original term hereof, and if said extension privilege
<br /> is for successive periods of one year each as provided in Clause II of this Paragraph 6, the Lessee shall
<br /> . give to the Lessor a like written notice at least thirty (30) days prior to the expiration of the then �
<br /> ci�rrent yearly period, of its intention to extend this lease for and during the next succeeding yearly ,
<br /> period. Time and ma.nner of making rental payments d.uring any such extension shall be the same as provided
<br /> ,
<br /> for during the original term hereof.
<br /> 7. If the Lessor or the Lessorts successors or assigns at any time during the term of this lease or
<br /> any renewal or extension thereof receives a bona fi3e offer to purchase said premises, buildings, fixtures,
<br /> equipment, machinery and appliances included in this lease, and desires to sell said premises, buildings,
<br /> fixtures, equipment, machinery and appliances under the terms of said offer, Lessor agrees to give Lessee
<br /> thirty (30) days� notice in writing of such bona f ide offer setting forth the name and address of the
<br /> proposed purchaser who has made the offer, the amount of the proposed purchase price and the terms of pay-
<br /> ment thereof. The Lessee shall have the first option to purchase the demised premises within the above-
<br /> mentioned thirty-day period at the same price and on the same terms of any such proposal. In the event
<br /> that the Lessee does not exercise its option to purchase the demised premises within the aforesaid period,
<br /> this lease and a11 of its terms and conditions shall nevertheless remain in full f orce and effect and the
<br /> Lessor or any purchaser or purchasers of the demised premises shall be bound thereby and in the event that
<br /> said premises are for any reason not sold pursuant to the bona fide offer set forth in the notice, the
<br /> Lessee shall have, upon the same conditions of notice, the continuing first option to purchase the said
<br /> premises upon the terms of any subsequent bona fide offer or offers to purchase.
<br /> 8. It is mutually agreed tha.t if the leased premises are damaged by fire, storm, or from any other
<br /> cause, such damage shall be repaired by the Lessor forthwith after the same occurs, and if the extent of any
<br /> ' such damage is such as to render said premises untenantable, the obligation of the Lessee to pay rental
<br /> shall cease until the Lessor sha.11 have replaced said premises in a tenantable condition.
<br /> 9. It is further mutually agreed that the Lessor shall pay all taxes and assessments that may be
<br /> levied against the above described premises and the building and equipment belonging to the ?:essor thereon, �
<br /> and the Lessee shall pay all taxes that may be levied or assessed against the equipment awned by the �
<br /> Lessee thereon.
<br /> 10. If, in the sole judgment of the I.essee, it appears likely that Lessee or any of its assignees or '
<br /> . _ _. _ _>_ _ __.. ._.....____
<br /> ,
<br /> � � �
<br /> .._ , i � ;
<br />
|