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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 wit:
<br />The East Half of the Southwest Quarter (E2SWr) 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 abbutting 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 />WHEREAS, Lessee now occupies under lease with said Lessors Lot No. 29, having
<br />a lake -front footage of _feet situated on the West side of crest
<br />portion of said lake above mentioned;
<br />NOW, THEREFORE, in consideration of the premises and the rental hereinafter
<br />provided the Lessors have leased unto Lessee and Lessee leases from the Lessors
<br />commencing T„ I v 1. ,19 _M, and terminating on the may of Jnn P ,
<br />X%M7 it being understood by all parties that effective Ju �L I 19 �A
<br />this agreement supersedes and terminates any and all leases now in effect between
<br />the parties hereto with reference to the above described premises heretofore in
<br />effect between the parties hereto;
<br />Lessee hereby agrees to pay as rental for said above described leased premises
<br />the sum of _ on v nn nPn t ( S - Q1 per lake -front foot annually, or a total of
<br />.q�-i per year, in advance on the first day of July of each year, commencing
<br />Jiily 1 , 19.5B, which rental shall continue for a period of - ( Apk) fi t,Q
<br />years from July I , 1 %8, and to be paid at such place or places from
<br />time to time as designated by the Lessors;
<br />Thereafter, a reasonable rental shall be agreed upon between Lessee and Lessors
<br />for the next succeeding five (5) years and likewise such rental adjustment shall
<br />occur atfive,_(„5) -year intervals for triy a (.� ) year periods during the said term
<br />of this lease; said rentals for each of such successivefit�;() -year periods to
<br />be a reasonable rental under the then existing conditions and circumstances. As a
<br />further consideration for the leasing aforesaid, the Lessee further covenants, pro-
<br />mises and agrees to bear, pay and discharge, in addition to the said rents reserved,
<br />all taxes, rates, assessments and levies, general and special, ordinary and extra-
<br />ordinary, of every name, nature and kind whatsoever including water rates which may
<br />be taxed, charged, assessed, levied or imposed on the real property herein leased
<br />and all which may be assessed, levied or imposed upon the leasehold estate hereby
<br />created, and upon the reversionary estate of said premises during the term hereby
<br />granted, and so long thereafter as said Lessee, successors and assigns, heirs or
<br />devisees shall occupy said demised premises, in excess of the amount of 1958
<br />real property taxes levied and assessed upon said Lot No. _ 29 unless it is
<br />specifically provided that such excess in taxes is included in any rental as fixed
<br />for any of the succeeding f iy. (5 ) -year periods; it being the understanding that
<br />the Lessors, or their heirs or devisees or assigns, shall at no time during the
<br />term of this lease pay any amount for taxes of any kind upon the real property
<br />herein leased in excess of the dollars amount of the 19_tLreal property taxes
<br />thereon, except where in writing stipulated as having been included in any adjust-
<br />ment in rentals. In arriving at such additional real property taxes on said lot,
<br />the same shall be computed on the basis of a fair, pro -rata share of the total
<br />increase that said lot bears in area to the entire tract included in such taxed
<br />unit.
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