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WAREHOUSE LEASE
<br />THIS AGREEMENT, made this 31st day of October
<br />hEIIvZipkN S01,1S, a general partnership,
<br />19 57, by and between
<br />organized under
<br />the laws of the State of lvebreska , hereinafter called the Lessor, and St. Paul Terminal Ware-
<br />house Co., of St. Paul, Minnesota, organized under the laws of the State of Minnesota, hereinafter called the
<br />Lessee.
<br />WITNESSETH:
<br />WHEREAS, the Lessor is the owner
<br />County of hall
<br />State of
<br />of certain premises located at 6ra7 d island,
<br />;uebraska more particularly described as
<br />follows:
<br />11rernises "
<br />: >n enclosed outs_de storage yard of irregular dimensionslocated easterly and southerly of
<br />Lessor's office and Warehouse Building and more fully described as follows:
<br />Commencing at the Tdortheast corner of the Lessor's Office and tiiarehouse Building, proceed
<br />; iesterly 4'J ft.; thence Northerly 44 ='t.; thence Easterly 421 ft.; thence Southerly 332 ft.;
<br />thence lesterly 626 ft.; thence Northerly 15J ft.; thence Easterly i43 ft.; thence Northerly
<br />It ft.; thence Easterly 55 ft.; thence Northerly 33 ft.; thence Easterly LW ft.; thence
<br />Northerly 100 ft., to the point of beginning.
<br />_`_hove described premises located on the following real estate:
<br />?art iiorthwes t ^carter of Southwest ' ;uarter (I•ti; S ;d:' ), Section Twenty- (2'O, Tovinsh _p
<br />Eleven (11); Range Nine ( ), !Tall County, Nebraska.
<br />AND WHEREAS, the said Lessee does desire in connection with its business as a public warehouseman
<br />to lease the premises above described.
<br />NOW THEREFORE, in consideration of the mutual covenants and agreements herein contained, the
<br />parties hereto covenant and agree as follows:
<br />1. The Lessor hereby leases to the Lessee all of its right, title and interest in the above described prem-
<br />ises for a period beginning 31 October 1957 and terminating 30 Oc toberk 1961 . It being under-
<br />stood however that the term of this lease shall be automatically extended for additional i't ear
<br />periods thereafter, unless terminated as hereinafter set forth.
<br />2. The Lessee hereby hires and takes said premises from the Lessor for the period above set forth,
<br />and agrees to pay as rental therefor the sum of One Dollar ($1.00) and other good and valuable considera-
<br />tion, the receipt of which is hereby acknowledged by the Lessor.
<br />3. The Lessee, its agents, servants, and employees, shall have the right of free ingress to and egress
<br />from said leased premises, through'or over any other premises of the Lessor. Lessee shall also have the
<br />right to place and maintain its signs in and upon said premises, and on the property stored therein, to adver-
<br />tise to an(--,' serve as notice to the public that said leased premises shall be operated as a warehouse during
<br />the period of this lease. The Lessee shall also have the right to the free use of all of the Lessor's facilities
<br />for handling, storing, weighing, preserving, packing and shipping the property stored therein. The Lessee is
<br />to havo solL custody and control of the !eased premises and shall have the right, as a public warehouseman,
<br />to receive into storage on the leased premises goods, wares, and merchandise and issue its warehouse
<br />receipts therefor. It is expressly understood and agreed that the Lessor shall not have access to the leased
<br />premises without the permission of the Lessee, or its Agent, and the Lessor shall exercise no control of any
<br />kind or nature whatsoever over property on which warehouse receipts have been issued.
<br />1. The Lessor warrants said premises to be suitable for the purpose for which they are intended to be
<br />used, and agrecs, at its own expense, to keep said leased premises and all apparatus installed therein in
<br />constant good repair and order, and to maintain- the premises at a proper temperature to protect and pre-
<br />serve the goods stored therein; and to protect, indemnify, and hold harmless the Lessee against all claims
<br />for loss or damage of any kind or nature to the goods stored therein, or thereon, which may occur or take
<br />place through the failure of the Lessor to maintain such repairs, order and proper temperature, or from
<br />any other cause whatsoever.
<br />:i. The Lesser agrees to furnish adequate lighting for the leased premises and to pay for ail heat, light,
<br />power, water, steam, - or other utility supplied to the premises during the period of the lease. Lessor fur-
<br />ther agrees to pay all taxes or assessments that have been or may be hereafter levied against said premises.
<br />5. This lease may be terminated by either party by giving a thirty (30) day written notice to this effect
<br />t.o the other party. However, it is expressly agreed that in case the Lessee shall have issued and there be
<br />outstanding warehouse receipts on any goods stored in the leased premises, under no circumstances shall
<br />this lease be terminated until all such warehouse receiptsIave been surrendered to the Lessee for cancel-
<br />lation, and until Lessor shall have paid Lessee all charges and advances due or owing said Lessee by said
<br />Lessor.
<br />7. The Lessor agrees to protect, indemnify and hold harmless the Lessee from all claims and demands of
<br />every person or persons whatsoever, either for injury or damage or claims thereof, to person or to prop-
<br />erty, upon account of anything whatsoever occurring in or about the leased premises or arising out of the
<br />use and occupancy thereof by the Lessee.
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