Laserfiche WebLink
T erm <br />tenancies, liens and encumbrances, except a mortgage indebtedness <br />incurred for the construction of the building hereinafter agreed <br />to be built, provided that in case the Landlord shall fail to <br />meet the payments of principal, interest, or either of them, <br />upon such mortgage indebtedness during the term of this lease <br />that the Tenant may pay any and all such installments upon <br />such mortgage indebtedness direct to the mortgagee out of the <br />rental herein required to be paid and every such payment shall <br />constitute a payment of rental hereunder in the amount ' <br />and to the extent of the payment. <br />Tenant shall have enjoy under this lease the quiet and un- <br />disturbed possession of the demised premises. Landlord covenants <br />that during the term of this lease or any extension thereof, <br />it will not engage in the business of RECAPPING or RETREADING <br />tires, nor lease or consent to lease any part of the West Half <br />of the Southwest Quarter of Section 11, Township 11, Range 9, <br />West of the 6th p.m. for the conduct of such a business. <br />4. This lease shall be for a term of Ten (10) years <br />from and including the first day of the month following com- <br />pletion of the building to be erected by Landlord as herein- <br />after set forth to be presently used for the purpose of con - <br />for general automotive service,and <br />ducting a business %at RECAPPING and RETREADING tires and the <br />sale of the same at WHOLESALE, on the leased <br />,.''' <br />premises, and for such other uses as may necessary or inci - <br />dental thereto. <br />Rental 5. The rental to be paid by Tenant during the term of <br />this lease shall be Three Hundred Fifty Dollars ($350.00) <br />per month, payable in advance on the first day of each month <br />of said term to Bosselman & Eaton, Inc., at Grand Island, <br />Nebraska, or to such other party, or at such other place as <br />Landlord may from time to time in writing designate. No <br />change in ownership of the premises, or _assignment of this <br />lease, or of the rental provided for herein, shall be binding <br />upon Tenant for any purpose until after Tenant has been fur- <br />nished with a copy certified by Landlord of the written trans- <br />fer or assignment, or an executed copy thereof, evidencing <br />such change in ownership or assignment. No rental shall <br />M 2M <br />