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(3) <br />3. FAIMMIT is presentJy negotiating, to ,r* <br />a leave and option to Jvxchase of <br />FAIT IlTis property lying Northerly of the above described leased pmoperty to <br />IUtOrnAtionsl Milling Conpury, FAIRMUT is I-teremy -xanU,-d the richt to sablease to <br />International r4LUng coVany do property covered by this loasO and Optior., ard, in <br />the event of a sale of FAM1,01,rits property tcrInternationa" ;,1111i&, CmMjAny, 1XIMMONTA <br />shall have the right to assign this lease " option. to jn+.,crnatiorzj MUlAng Company$ <br />inwhioh event all the ri! hts and obligations herounder of FAI'Rcr-*TT shall vest in <br />International. MIUL.7f; CompaMr. teat IFILIMM7 shall nwwd-n alvo liable folr its covet ants <br />hereunder. FA1RV"9)7rL shall not, houayei., S�eojoase t..h(;, above deacribed property or <br />assign this lease and option to anyone other tharn InternatiOn-al pall ng Company with- <br />out first ObtaininZ thc� PXpl-Oss Written, itLiLch comer t shall not <br />be unreasonably withhold. <br />4. 'Wherever in this agreement it shall be required or penaitted t1nt notice or <br />damand-be given or served by either party to t"Ax ',1,, rear OiTL to or on the other., such no- <br />tice or demand shall be given or served and shall not be deewLi to have beer dt given <br />or served imless in -writing and fortiar-ded by mx,�-,Lstered IMUL addressed as follmss <br />7 <br />1107 `- 'est 11-th Street <br />Zo BTJSM-XflS at: <br />Grand Islared., Nebraoica <br />To FAI-cimn at 3201 Fax Street <br />01ha, Nebraslz, <br />suoh addresses my be changed from time to ti m by either party bY scrViilg notices <br />an above prOvidod. <br />5. This agreement is jereIV made binding upon tho heirs.* 0,-xecators) aclail-ds- <br />t-.ators.$ successors and azaigns respective -Artias hereto, <br />16, .101 Parties haroto agree tvy1t this lease and option replaces the written <br />lease beWeen tAic rArtias dated April 16,1 195-5),, Which former lease is hereby ter- <br />IN %TUMS MOM=., M1,5 S, have hercanto set their haods &P4 FAMMIT <br />has cauBed theso presents to be oz=ted in its corporate zmae by its da3l <br />