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<br /> •�:'�t,� THIS AORSLt+t&N'P ontored inha betwoon RUGST�It LAKGT, INC., _
<br /> , ', LG�,SSOR, und CIiARLTiS A. SCOTT and AN�ELA t4. ZWIGNF.R, as joinC _
<br /> z�,,, � tonants, whetlier one or moxe, LESS�F.. �
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<br /> ��`� 1. 1?escri tion of Leasect Yrerni:sesi Souchorly one-ha2f of Lot 14, -: _
<br /> x� ancl aZl of Lot 15, havinq a la e :ont footac�e of T5 feet, siti��tecE x
<br /> on Lhe 'stest 3id� of tit� 4test portion of Kuaster Lako and boinre� ore " :
<br /> � " a part o� ttie S�SW# in Section 73, Township 11 Yorth, Range 90 in � y- -
<br /> 51��� Hall County, Nebraska, bounded on the Wester2y �ic�e by tho car<^oaa T *�E -
<br /> y �; roadt such lot is as shown on a plat in the pos�ession o£ T,es�or. +�K�F,r'�'
<br /> �� �� z `�;3yk_.
<br /> � at �t,�
<br /> i 3n5.�.e,.._i rm . — __
<br /> ] 2. Term of Leas�2: �;_.,,,, ,�i
<br /> , )zi! 35 years, c¢�.r:.+enea.s�g .�r:sxe ia, 1979, and tarrninatinq June I5, � ��� �..
<br /> t i� 2019. �pC�pr �,�
<br /> aa f'�" 3. O tion to Extend Term: 1 ��`�f � _
<br /> `" "`�f� Leasea has Y E opt on to extend the torm of ehis Lease Yor an �����'y;, _
<br /> '` Y�'eia additional 35 ��aars by giving Leasor notice thereo�, in writing, i,31`�;� fn; �--
<br /> :�;;���, bY JulY 1. 20I2. ily�'�b�*.rY;` -'
<br /> , t;. p „ r _
<br /> '1�1�r; 4. Ri he to Aesi nment of Lease: �_ �y�4 a�r;� ;
<br /> ,,. ,: I,essee has the ri.ght to ase gn hhis Lease provided: �F•f rf?r'�tt �
<br /> � l � (a) Le�see has complied �aith a17. terms o£ this ,�, �5 r, ;:
<br /> ' �-.� Leas�. e.,¢�a v --••
<br /> t�r . �TLXkn��,.,tir.i�
<br /> , ". (h) Leesee transLers 'to the new owner all inhePr82 �,i „ ,�h`�r -
<br /> �,�� . and ownership of the Gessoe in the common stoek ,,i ��?�� 3� ,� -
<br /> y; : o# Kuester Lake, Inc. ; � �flf�,`CS?�}`•
<br /> '�q , (c) Zhe new Lessee agreea, in writinq, to abide by �„t.�: fi � , � ��;
<br /> y � _ , the zerms of the I,oase so assigned, any new r �`?i����f�F�
<br /> �x , Leaso of these premises, and to abide by the r ,�-,S� t
<br /> � , ,� Agreemant entered into by this LesseE's ,��r., 4��y�{�,,
<br />:..r_J(;._;. predecessors in title with Kuaster Lake, In�. V ,�,± ,,�f, • � s
<br /> ;, on or about November 4, 1974, tho terma of C � ����"'
<br /> ' which are incorporated horain by reference. ti;r/�;' S y4, :
<br /> �- (d) The new Leasee shall be entitled to a new Lease :�/f� ,+�"��}�t--
<br /> Eor a 35-year term. The term may be longAr if � 1 =. t � "
<br /> s�1j'ff: conaented i.o UY the Lassor. �'`^� ' S}mu �`
<br /> !e) Any subleasi.ng must have the Lessor's a.nproval. r,tf�z` � ;,�t ':�
<br /> �, �' (f) The Lessee has the absolute ri9ht to Lfi�. , ��? .
<br /> �t ij ? conditionally assign this Lease to Any �;� �} ., _:,
<br /> , " mortqagee for the purpose of furnishing suciz � ���: �
<br /> rsti, �� f �` `.
<br /> �� mortgagee additional securiCy. f� _ . ���i� r :.
<br /> ,�t Y � - r, , :
<br /> 5. Ront. �� �� ,��` �
<br /> � � � Tlie Lessee ahall pay to Lessor, as annual rent, payable in advance <' '
<br /> u � " '� .
<br /> •� and on or before July Eirst each year, such rent as may be annually � " ,� � . . '.
<br /> „ deterrnined by the Lessor under the following formula: �� � �
<br /> ;'.;;;�`�•. The annual rent shall be an amount, each yenr, �i* '�%h', _ • •:�
<br /> I7�t'�-� `: e�uat tc the result of dividing the totul ��,�1 .,, f;
<br /> sa,•�. ; .
<br />.:;'�,�pi,-:.. nt3-.ter of residential lessee-stockhoider lots
<br /> into that year's anticipated net budget needs ��`�'�!'�"�, � ��- .
<br />- o£ the Lessar. . .� .
<br /> The coaputntSon of the annual rent shall be done by 'che Lessor, t .
<br /> but shall be �miEorm among all ?essee-stockholders of Kuester I..mke, �; -•
<br /> . . . Inc. In any event the ann�a'_ rent of the Lessee shall not e�:ce�d j -
<br /> ' One Iiundred Dollars (5100.00) unless a majority of all less;.e-
<br /> - -- stockholders of Kuester Lake, Inc. lone vote for each share) ,
<br /> - � � present and voting at a special meecir.a called for that purpose, ;
<br /> �, shali approve ene same. '
<br />:':,,,_.:c - G. Access.
<br /> - • The Lessee shall have access from the leased premises onto the
<br /> �`�"";--r� Lessor's roads and shall also have the right to use the lalce for
<br /> `? ; boating, swircminy, and EishSng. These access rights are in cotrc;An
<br /> �;�:, with the other leaseholders at Kuester Lake.
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