002-457 - Laserfiche WebLink

Browse

_ Form 628-G. R. Rev. 6 -60 ----- --=-�- LEASE / Tfjlg 74CAoC, made t his.... ............._`...... ........:. y �.��' ...r.;y, �......._......... `� Y day of ....... ..............._......._....... _........... _....................., 195........_.., b and between T.S.J. and Jessie Paulk Wood River, Nebraska ............................................. ............._.............................................__._..... ............................._, whose address is.............................._................._........................................._.............. .............................._ ........ ............................ ............................................ .............................................. _ ................. _ ... _ ... _.................. Lessor, and STANDARD OIL COMPANY, an. Indiana Corporation, with its principal office at 910 South Michigan Avenue, Chicago, Illinois, Lessee: WITNESSETH: 1. The Lessor hereby demises and leases to the Lessee, the following described premises situated in the City or Town of Wood River ................... ............................... county ot................._Ha11 Nebraska ............. ............................... ............................................ .............................., State of................................................................ ............................... more particularly described as follows, to -wit: Lots Four and Five, Block Five, Clarks Addition to the Village of Wood River, Nebraska,.consisting of service station and driveway only. If the premises are improved, this lease includes the buildings, fixtures, equipment, machinery and appliances owned or controlled by the Lessor and located on said premises. TO HAVE AND TO HOLD unto the Lessee for a term commencing on the .......................... ........... .............. I.. 4t........ .......................... ..... ............................ day ril............. ..............................1 195....5.., and ending on the ............ ._313'ii. .......... day of ............................ rlar (ill ............................. , 195.....6... 2. Lessee agrees to pay to the Lessor as rental for the above described premises, buildings, fixtures, equipment, machinery and ` appliances (if any be included), a sum equal to....:::; ? +C <.'..::...z. '.:'_' � _ _ ..............cent.........._ (._ .:...:.- ............0) per gallon on all gasoline (not including naphthas, stove and lighting gasolines and liie products not customarily used in motor vehicles) delivered to such service station for sale. Such rental. shall be due and payable on' or before the fifteenth day of the succeeding calendar month. T. E. J. Paulk All rental payments may be made by check payable and delivered to. ............. ...................................... - ........................................................... _ .................. .............. ......., personally, or by mail, at. ...................... Wod ...........,- .. .............. Unless otherwise designated herein, all rental payments may be made by check delivered to Lessor or mailed to Lessor at his address herein shown. 3. In consideration of the foregoing, the Lessor hereby sets over and assigns unto the Lessee, with right of Lessee to reassign to others, all of Lessor's licenses, consents and permits to maintain and operate a gasoline, service station on the above described premises; such assignment to be effective only during the term of this lease, and all renewals and extensions thereof. 4. Lessee and any assignee or sub - lessee is expressly given the right- at any time during the term of this lease or any extension thereof, and for a period of thirty (30) days after the termination of this lease, or any extension thereof, by lapse of time or otherwise, to enter upon and remove from said premises any improvements or equipment, heretofore or hereafter purchased or placed by it or them e upon the leased premises, but shall not be obliged to do so. 5. Lessor will keep the building, driveways, the water pipes, drains and sewers appurtenant thereto and all of Lessor's equipment on the demised premises in good and sufficient condition and repair during the whole of the term hereof. The Lessee shall have the right to paint the entire building but shall not be obliged to do so. 6. The Lessee shall have the option of extending this lease as hereinafter provided, upon the same terms and conditions which were in effect during the original term. The period or periods of such extensions shall be in accordance with either one of the following two clauses, the inapplicable clause having been stricken before the execution of this lease: I. A period of .......... B N_ . ....................years from the expiration of the original term hereof. 11. 'A�tpf'- - not `umrdjV4n,,..'......_2�......_ -lsuc e p oas gVimn .yeaf`6ach. The rental to be paid by the Lessee during said extension period or periods shall be a sum equal to OK :1...11L ._ Cent ............... (........:... /. 1..........0) per gallon on all gasoline (as defined in paragraph 2) delivered to such service station for sale. The Lessee shall give to the Lessor written notice of its intention to exercise its extension privilege at least thirty (30) days prior to the expiration of the original term hereof, and if said extension privilege is for successive periods of one year each as provided in Clause II of this Paragraph 6, the Lessee shall give -to the Lessor a like written notice at least thirty (30) d4ys prior to the expiration of the then current yearly period, of its intention to to this lease for and during the next succeeding yearly period. Time and manner v of making rental payments during any such extension shall be the same as provided for during the original term hereof. 7. If the Lessor or the Lessor's successors or assigns at any time during the term of this lease or any renewal or extension thereof receives, a bona fide offer to purchase said premises, buildings, fixtures, equipment, machinery and appliances included in this lease, and desires to sell�n ��b uildings, fixtures, equipment, machinery and appliances under the terms of said offer, Lessor agrees to give Lessee ]tfiYt� ys no in writing.of such bona fide offer setting forth the name and address of the proposed purchaser who has made the offer, the amount of the proposed purchase price terms of payment thereof. The Lessee shall have the first option to purchase the demised premises within the above - mentioned UGCZXmy period at the same price and on the same terms of any such proposal. In the event that the Lessee does not exercise its option to purchase the demised premises within the aforesaid period, this lease and all of its terms and conditions shall nevertheless remain in full force and effect and the Lessor or any purchaser or purchasers of the demised premises shall be bound thereby and in the event that said premises are for any reason not sold pursuant to the bona fide offer set forth in the notice, the Lessee shall have, upon the same conditions of notice, the continuing first option to purchase the said premises upon the terms of any subsequent bona fide offer or offers to purchase. 8. It is mutually agreed that if the leased premises are damaged by fire, storm, or from any other cause, such damage shall be repaired by the Lessor forthwith after the same occurs, and if the extent of any such damage is such as to render said premises untenant- able, the obligation of the Lessee to pay rental shall cease until the Lessor shall have replaced said premises in a tenantable condition. 9. It is further mutually agreed that the Lessor shall pay all taxes and assessments that may be levied against the above described premises and the building and equipment belonging to the Lessor thereon, and the Lessee shall pay all taxes that may be levied or assessed against the equipment owned by the Lessee thereon. L 10. If, in the sole judgment of the Lessee, it appears likely that Lessee or any of its assignees or sub - lessees may be obliged to pay any license, privilge or excise tax because of its or their interest in or use of the premises hereby leased, Lessee may terminate this lease or any renewal or extension thereof by giving Lessor thirty days' written notice of its intention so to do.