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REAL ESTATE ,7 GRAND ISLAND, NEBRASKA <br />802`SOUTH LOCUST <br />LEASE <br />Form 677B 1 -56 -5.15 <br />BECO - - <br />2grtpllCtlt dated the ................... l rh........ ..............:.............day of_ ............................. Mare h.......... .............................., 19_54�..., by and between <br />....4 mrank ... aatd.... Sylyer3a_.. F1'�tal�......his....xife,..... 1 01A ...W '.eR...E.....:P'ra,z* and Gisela Frank, <br />T` (' Q- s�-- 1Ie..a....of...PRp,....&gx. 14s..._Orand Islandt..._Nebraaka• <br />C1 �r <br />dftn +��{leSSbr) and HE TEXAS COMPANY, a Delaware corporation, having a place of business at ......................................... ............................... <br />1.5.70.... Grant... .S.tre.et4 .....Denver4 ....:_ Colorado .............................................................................:............... ............................... (lessee). <br />M— Premises Leased. Lessor hereby leases unto lessee a tract of land, with the improvements thereon, in the <br />City of .............. rand Island <br />County of ........... Hall <br />State of .......................... Nebraska ..........I described as follows: <br />...................................................................................... ............................... <br />That portion of Lot 1, Block 11 First Artistic Home <br />Addition to the City of Grand Island, Nebraska, <br />described as follows: Beginning at a point where <br />the Southerly right -of -way line of Oklahoma Avenue, <br />intersects the Fast property line of said Lot 1, <br />Block 1 above. Beginning at this point, proceed <br />Southerly on East property line a distance of 125 <br />feet, thence west 90 degrees 100 feet, thence North <br />90 degrees to the Southerly right -of -way line of <br />Oklahoma. Avenue, thence Northeasterly on Southerly <br />right -of -way line of Oklahoma Avenue to the point of <br />beginning. <br />1. 44iAL N <br />Together with all appurtenances thereto and all right, title and interest of lessor in and to any and all roads, streets <br />and ways bounding the said premises; <br />Together with the buildings, improvements, fixtures, equipment and facilities of the lessor now located on said <br />premises as follows: <br />Texaco 11E91 Two -Bay Service Station <br />(2) —Term. TO HAVE AND TO HOLD for the term of ...............Ten..... W................................ ............................... .........................years, <br />f-om and aftet bite ............................................................................. ............................... day A ....................................................................... ............................... ed <br />.............................................. ............................... <br />(ir any-subs queftt u • a- (nn) days' ..__.._ <br />(3)— Rental. Lessee agrees to pay the following rent for said premises:— Clause (2) Conttd <br />Three Hundred Seventy -Five Dollars 0375.00) per <br />month payable monthly in advance. <br />Lessee agrees that rental shall be payable in monthly installments and that if any installment thereof shall be due <br />and unpaid for ten (10) days after written notice of such default has been delivered to the Division Manager of the lessee, <br />at its place of business as shown in this lease, lessor shall then have the right to terminate this lease on thirty (30) days' <br />written notice to lessee. <br />Lessee, at its option, may apply at any time such rental or any installment thereof to the payment of any indebted- <br />ness due or to become due from lessor to lessee. Such application shall be deemed payment of such rental. <br />