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NO OTHER STORE. Tenant hereby agrees that it will not operate another <br /> of its stores within the present corporate limits of the City of Grand- <br /> Island, County of Hall and State of Nebraska during the period it operates <br /> one of its stores in the herein demised premises, but if Tenant shall vacate <br /> the herein demised premises and cease to operate one of its stores therein, <br /> then Tenant shall have the right to operate one or more of its stores within <br /> the said present corporate limits of the City of Grand Island, County of Hall <br /> and State of Nebraska. <br /> COVENANT OF TITLE, AUTHORITY AND QUIET POSSESSION. The Landlord <br /> covenants and warrants that Landlord has full right and lawful authority to <br /> enter into the lease for the_full term aforesaid, and for all extensions <br /> herein provided, and that Landlord is lawfully seized of the entire premises <br /> hereby demised and has good fee simple title thereto free and clear of all <br /> contracts, leases, tenancies, party wall agreements,restrictions, violations, <br /> liens and encumbrances of every nature whatsoever,except: <br /> 1. Party Wall agreement dated April 11, 1906 between George H. Miller <br /> et ux, as party of the first part, and Claus Stoltenberg et ux, as party of <br /> the second part, which was recorded in Book L on Page 428 of Records in the <br /> office of the Register of Deeds of Hall County, Nebraska, said agreement <br /> affecting the boundary between Lot Three (3) and Lot Four (4), Block <br /> Sixty-four (64). <br /> 2. A certain lease to Ray Wabel on that portion of the premises known <br /> as No. 323 West 3rd Street, which expires on May 1, 1954. <br /> 3• A certain month-to-month tenancy held by Pete Panos on that portion <br /> of the premises known as No. 321 West 3rd Street. <br /> Landlord hereby recites that the tenants described in items 2 and 3 <br /> above will be notified of the termination of their tenancies, such terminatio <br /> to occur as of May 1, 1954. <br /> Landlord further covenants and warrants that if the Tenant shall <br /> discharge the obligations herein set forth to be performed by the Tenant, the <br /> Tenant shall have and enjoy, during the term hereof, the quiet and <br /> undisturbed possession of the demised premises, together with all <br /> appurtenances appertaining or appendant thereto. <br /> THE LANDLORD AND TENANT FURTHER STIPULATE, COVENANT AND AGREE AS FOLLOWS: <br /> USE OF PREMISES. That the premises hereby demised shall not be used for <br /> any unlawful purpose during the term of this lease. Tenant shall, during its <br /> occupancy of the demised premises, operate therein a store which shall be <br /> typical of the average J. C. Penney Company store, and shall not use said <br /> premises for any purpose which will unduly increase Landlord's insurance cost. <br /> CONTINUED POSSESSION OF TENANT. Tenant shall surrender possession of <br /> the demised premises to Landlord on the termination date hereof or on the <br /> termination date of any extension of the term hereof. If Tenant continues to <br /> occupy the premises after the last day of any renewal or extension of the ter <br /> hereof, or after the last day of the term hereof if this lease is not renewed <br /> or extended, and Landlord elects to accept rent thereafter, a monthly tenancy <br /> terminable by either party on not less than one (1) month's notice shall be <br /> created, which shall be upon the same terms and conditions, including rental, <br /> a 'those herein specified. <br /> FIXTURES. That Tenant may, on the termination of this lease or at any <br /> time during the continuance thereof, remove from said premises all shelving, <br /> fixtures and other equipment (which equipment shall include but shall not be <br /> limited to lighting fixtures, oil burners, coal stokers, electric fans, <br /> portable cooling units, etc.) which Tenant may have installed at its own <br /> expense in said premises or otherwise acquired. Tenant agrees to repair any <br /> damage that may be done to the demisecpremises resulting from the removal of <br /> said fixtures and equipment. <br /> GAS, ELECTRICITY AND SEWER CHARGES. That the Tenant shall pay all K <br /> charges for gas and electricity used on said premises during the term of this <br /> lease. Tenant shall also pay the normal sewer charge for said building. <br /> ORDINANCES. That, subject to the provisions of the clause herein <br /> captioned "Right to Contest", Landlord shall comply with all Federal, State, <br /> County and City laws and ordinances, and all rules, regulations and orders of <br /> any duly constituted authority, present or future, affecting the demised <br /> premises, at Landlord's own expense. <br /> 5- <br /> --,i - <br />