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<br /> I�I.ISCELLANEOUS RECORD W --��
<br /> . 99289-THEAUGUSTIXECO.GRANDISLAND,NEBR. � � . .
<br /> LEASE „/� Hereafter to be kna+n as Lease # A-304
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<br /> This Lease, made this 27th day of Ma,y, 1952, by and between Cecil R. � Lila C. Hollaway, athose
<br /> address is Cario, Nebraska, Lessor, and STANDARD OIL COMPANY, an Indiana Corporation, with its principal
<br /> office at 910 South Michigan Avenue, Chicago, Illinois, Lessee;
<br /> WITNESSETH;
<br /> 1. The Lessor hereby demises and leases to the ''essee, t he following described preffiises situated in
<br /> the City or Tc�,rn of Cairo, Coanty of Hall, State of Nebraska, more particularly described as follows, to�it:
<br /> All of Lot 19 of Block Five of the Original Tawn of Cairo.
<br /> If the premises are impm ved, this lease includes the buildings, fixtures, equipment, machinerp and appliances
<br /> vwned or controlled by the Lessor and located on said premises.
<br /> TO HAVE AND TO HOLD unto the Lessee for a ter�n co�e�cin� on the 27th dap of February, 1952, and ending
<br /> on the 26th dap of February, 1953.
<br /> 2. Lessee agrees to pay to the Lessor as rental for the above described premises, buildings, fixtures
<br /> equipment, machinery and appliances (if any be included), a sum equal to One Half cent (2¢) per gallon on all
<br /> gasoline (not including naphthas, stove and lighting gasolines and like products not custo�marily used in
<br /> motor nehicles) delivered to such service station for sale, Such rental shall be due and payable on or
<br /> before the fifteenth day of the succeeding cale�ar �onth.
<br /> All rental payments may be made bq check papable and delivered to Cecfl R. Hollawap, personally, or -
<br /> by mail, at Cairo, Nebr,. Unless otherwise designated herein, all rental payieents ma� be �ade by check
<br /> delivered to Lessor or mailed to Lessor at his address herein shown�
<br /> 3. In consideration of the foregoing, the Lessor hereby sets over a�l assigns unto the Lessee, with
<br /> ri�ht of Lessee to reassign to others� all of Lessor�s licenses, constnts and permits to �a►intain and operate
<br /> a gasoline service station on the above described premises; such assignment to be effective only during the
<br /> term of this lease, a�cl ail renewals and extensions thereof.
<br /> 4. Lessee and a� as�igne� or sub-lessee is expressly given the right at anp time dnring the term of
<br /> this lease or any e�cteitsion thereof, and fur a period of thirty (30) days after the termination of this leas�,
<br /> or any extension thereof, by lapse of time or otherwise, to enter upon and remove fra� said premises any
<br /> improvem�nts or equipment heretofore or hereafter purchased or placed by it or theffi upon the leased premises,
<br /> but shall not be obliged t o d o s o.
<br /> 5. Lessor will keep the building, driveways, the water pipes, drains and sewers appurtenant thereto
<br /> and all of Lessor�s equipment on the de�ised premis es in goai and suff3cient condition and repair during the
<br /> whole of the term hereof, The I.essee shall have the right to paint the entire building but shall not be
<br /> obliged to d o s o.
<br /> 6. TH�e Lessee shall have the option of extending this lease as hereinafter provided, tipon the same
<br /> terms and conditions which were in effect during the ariginal term. The peried or Periods of such eactendions
<br /> shall be in accordance with either o�ne of the follawing two clauses, the inapplicable clause haviag been
<br /> stricken before the execution of th is lease:
<br /> C.R.H. L.C.H. KDH �
<br /> II;; A total of not �nore than 4 successi�e periods of one year each.
<br /> The riental to be paid by the Lessee during said extension period or periods shall be a s� equal to ane half
<br /> cent(��) per gallon on all gasolin�)as defined in para�graph 2) delivered to such service station for sale.
<br /> The Lessee shall give to the Lessor written notice of its intention to exercise its extension privilege
<br /> at leas� thirty (30) daps prior to the expiration of the original term hereof, and if said e�tension
<br /> privilege is for successive periods of one year each as provided in Clause II of this Paragraph 6, The Lessee
<br /> shall give to the Lessor a like written natice at least thirt y (30) daps prior to the expiration of the then
<br /> current yearly period, of its intention to extend this lease for and �uring the next succeeding yearly period.
<br /> Tine and manner of making rental payments during any such extension shall be the same as provided for during
<br /> the original term hereof.
<br /> ?. If the Lessor or the Lessor�s successors or assigns at any time during the term of this lease or any
<br /> renewal or extension thereof receives a bona fide offer to purchase said premises, bui�.dings, fixtures, equip-
<br /> ment, mach inery and appliances included in this lease, and d esires to sell said premises, buildings, fixtures,
<br /> equipanent, machinerp ard appl3.ances umier the ter�s of said offer, Lessor agrees to give Lessee thi.rty (30)
<br /> dayst notice in writing of such bona fide offer setting forth the name and address of the proposed purchaser
<br /> who has raade the offer, the amount of the proposed purchase price and the terms of paymern thereof, The
<br /> Lessee shall have the first option to purchas� the demised pre.mises within the above-mentianed thirty-day period
<br /> at the same price and on the same terms of any such proposal. In the evnet that the Lessee does not exercise
<br /> it s o�ion to purchase the demised premises within the aforesaid period, this lease and all af its terms and
<br /> conditions shall nevertheless remain in full force and effect and the Lessor or any purchaser or purchasers
<br /> of the demised premise ,shall be bound therebp and in the evnnt that said premises are for any reason not sold
<br /> pursuant to �he bona fide offer set forth in the notice, the Lessee shall have, upon the same conditions of
<br />, notice, the continuing first option to purchase the s�fd premises upon the terms of asiy subsequent bona fide
<br /> offer or offers to purchase.
<br /> 8. It is mfatually agreed that if the leased premises are damaged by fire, storm, or from any other cause,
<br /> such damage shall Zie repaired by the Lessor forthwith after the same occurs, and if the extent of any such
<br /> da�age is swch as to ren,der said premises untenantable, the obligation of the Lessee to pay rental shall
<br /> cease until the Lessor shall have replaced said premises in a tenantable condition,
<br /> 9. It is further mutually agreed that the Lessor shall pay all ta.lces and assessments that may be levied
<br /> a�ainst the above described premises arid the bui�ing and equipment belonging to the Lcssor thereon, and the
<br /> Lessee shall pay all taxes that maq be levied o�assessed against the equipment �wned by the Lessee thereon
<br /> 10. If, in �he sole judgatent of the Lessee, it appears likelp that Lessee or any of its assignees or
<br /> sub-lessee may tbe��a+b3#�ed��e �+a�r�any license, privi�eor excise tax because of its or their interest in or
<br /> use of the premises herebp leased, Lessee may terminate this lease ar� any renewal or extenaion thereof by
<br /> giving Lessor thirty dayst written notice of its intention so to do.
<br /> 11. Lessor agrees that Lessee may assign this lease or sub�et the premises and equipment herein described
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