003-010 - Laserfiche WebLink

Browse

io FORM 5386-A 'F B.T. Should the title of this leasehold at any time during its life become severed from the title to the abutting land,then this lease shall become ipso facto null and void. Any sale or conveyance of such abutting land shall carry with it said leasehold estate and the purchaser or grantee shall become bound by the terms hereof as fully as the original Lessee. The Lessee is also to notify the Lessor of any transfer of the title of the abutting property owned by the Lessee. - As a consideration for this lease the Lessee is to pay in advance to the Lessor One Dollar per annum; to pay all taxes and assessments levied upon the leased premises during the continuance of this lease,not includ- ing taxes or assessments levied against the leased premises as a component part of the railroad property of Lessor in the state as a whole; to plow and maintain upon the outer boundary of Lessor's 400 foot right of way, or as near thereto as practicable, a fireguard at least six feet wide;to keep the leased premises free from combustible material; to plant no trees or shrubbery, and to erect no structures thereon; to put nothing upon the leased premises which might obstruct or interfere with the view; to close safely and securely, immedi- ately after using, any gate, opening or bars in the fences of the Lessor which the Lessee may have acquired, or during the term hereof may acquire, the right to use, and not to use any such gate, opening or bars which the Lessee may not have acquired the right to use. Lessor reserves the right to take temporary or perma- nent possession of all or any portion of the leased premises whenever their use may become necessary or ex- pedient, in the judgment of the Lessor,for railroad purposes,including the location of public or private ware- houses, elevators, or other industries with the design to facilitate and promote traffic, or for, or in connection with, drilling for or mining of oil, gas, coal or other minerals of whatsoever nature upon or underlying the surface of the leased premises by the Lessor or by others with its permission. This lease is subject to all outstanding superior rights, including those in favor of telegraph and tele- phone companies and for public highway purposes. If by reason of a line change, or otherwise, the title of the Lessor shall cease before the expiration of the term above provided, or if the leasing of the above` de- scribed premises is held to be, or should become, inconsistent with the law of the land, this lease shall there- upon terminate. The Lessee shall have the right to cancel this lease at any time upon 30 days =written notice. This lease is to become null and void upon the failure of Lessee to keep any of the conditions hereof and is not to be aasigned without the written consent of the Lessor. The Lessee will surrender peaceable posses- sion of said premises at the expiration of this lease. It is understood that all covenants and agreements herein recited are made by the parties hereto for, an`d shall be binding upon, themselves and their heirs, executors, administrators, successors and assigns. Dated this 18th day of July 19.5 . ..JLO "••aj ��"l l Ml^rnjl Witness: (� � •• ; , �' UNION PACIFIC RAILRO: 1 COMPANY • , By � •i C e President(„it4 : Z.) .1 3 •• i teretary. i ufi .a4 xt n S has •The foregoing lease is acceptect upon the terms therein stated upon this - 18th day of July , Witness: Lessee.