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e.
<br /> CONTRACT AND AGREEMENT
<br /> THIS AGREEMENT made and entered into this 4 day of , 1954, by
<br /> and between Rudolph N. Kuester and The First Nairgal Bank f Grand Island, Grand
<br /> Island, Nebraska, as Executors and Trustees under the Will of Richard M. Kuester,
<br /> deceased, for and during the lifetime of Elsie Kuester, and no longer, as Trustee
<br /> Lessors; and Rudolph N. Kuester and Frances Kuester, his wife, Grand Island, Nebraska,
<br /> as Successor Lessors, hereinafter referred to as lessors; and Theodore E. Ciochon �
<br /> and Lavine Mary Ciochon as Joint Tenants with right of survivorship between them,
<br /> of Grand Island, Nebraska, as Lessees, hereinafter referred to as lessees, WITNESSETH:
<br /> That for and in consideration of the covenants and agreements as hereinafter
<br /> set forth, the parties hereto agree as follows:
<br /> WHEREAS, this indenture evidences the grants, covenants and agreements now
<br /> made by and between the parties with reference to the following described premises,
<br /> to-grit:
<br /> The East Half of the Southwest Quartz' (4WD of Section
<br /> Thirteen (13) in Township Eleven (11) North, Range Nine (9) �+
<br /> West of the 6th P.M., in Hall County, Nebraska,
<br /> on which is located a lake and in connection with which certain lots abutting the
<br /> same have been marked off and identified by certain stakes and are of various lake-
<br /> front footage, and which lots are identified by numbers both marked.upon the,stakes
<br /> indicating the location and upon the chart in the possession of lessors or some of
<br /> them, and to which lots access is gained from the public highway running along the
<br /> South side of said Section Thirteen (13) by roadways constructed and maintained by
<br /> lessors running along the rear of such lots; and
<br /> WIII? AS, lessees now occupy under lease with said lessors Lot No. 11, having
<br /> a lake-front footage of 100 feet situated on the East side of the West lake of the
<br /> above mentioned lake, upon which lot lessees have made improvements and intend to
<br /> make additional extensive improvements to consist of the erection of a large resi-
<br /> eential structure on said lot to be used for residential purposes, which will involve
<br /> an expenditure in excess of e 25,000.00,and which will be a substantial improvement
<br /> for many years to this property;
<br /> NOW, TIERE GRi , in consideration of the premises and the rental hereinafter pro-
<br /> vided, the Trustee Lessors have leased unto lessees and lessees lease from such
<br /> Trustee Lessors comeencing July 1, 1954, and terminating on the day of death of said
<br /> Elsie Kuester, and the Successor Lessors do hereby lease unto lessees and lessees
<br /> lease from the Successor Lessors, com encing on the day of death of said Elsie
<br /> Kuester, and terminating on the 30th day of June, 2004, it being understood by all
<br /> parties that effective July 1, 1954, this agreement supersedes and terminates any
<br /> and all leases now in effect between the parties hereto with reference to the above
<br /> described premises heretofore in effect between the parties hereto;
<br /> Lessees hereby agree to pay as rental for said above described leased prerrkises
<br /> the sum of Seventy-five Jents (75¢) per lake-front foot annually, or a total of
<br /> Z 75.00 per year, in advance on the first day of July of each year, conniencing July 1;
<br /> 1954, which rental shall continue for a period of five years from July 1, 1954 and
<br /> to be paid at such place or places from time to time as designated by the Trustee
<br /> Lessors or Successor Lessors as the case may be;
<br /> Thereafter, a reasonable rental shall be agreed upon between lessees and Trustee
<br /> Lessors or Successor Lessors as the case may be, for the next succeeding five years
<br /> and likewise such rental adjustment shall occur at five-year intervals for five-year
<br /> periods during the said term of this lease; said rentals for each of such successive
<br /> five-year periods to be a reasonable rental under the then existing conditions and
<br /> circumstances. As a further consideration for the leasing aforesaid, the lessees
<br /> farther covenant, promise and agree to bear, pay and discharge, in addition to the
<br /> said rents reserved, all taxes, rates, assessments and levies, general and special,
<br /> ordinary and extraordinary, of every name, nature and kind whatsoever including
<br /> water rates which may be taxed, charged, assessed, levied or imposed on the real
<br /> property herein leased'and all which may be assessed, levied or imposed upon the
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