|
201203752
<br />tale..; or (4) if a part only of the leased premises shall be so condemned and Lessee or its
<br />sublessee cannot reasonably, officiezally and �,conoza jr,2y operate in the remainder of the
<br />b'usm.ess being conducted on the leased premi3as e the time of any such taEag. If, during th-e
<br />terra of this Lease, title to lass thai, the whole or su-bstazitiall.y all of th-e leased premises or
<br />parldrxg area shall be taken in amy i�onde,=tion pzocesding and Lessee or its sublessee can
<br />reasonably, effczentl'y and eco:noruically operate in the zemai-ndex of the leased premises, and use
<br />the remaLiirig pa6ing, the business conducted on the leased pm -i . as at the time of such taking,
<br />.thea: (a) this Lease shallterminate as to the part so taken; (b) the rent payable hereimder sha11
<br />be adjusted so that Lessee be required to pay for the remainder of the term mily such porion of
<br />Such rent as the value of any part remairabig after the con.demn.atiozr bears to the value of the
<br />ca ire leased pTcmiscs at the date of vestuag of title ia the condemnor, (c) Lessor shall,, at
<br />Lessor's cost and expense, make all necesgaiy repairs aad alterations to the buil.diug and other
<br />improvements as the. .leased premises to restore the same to an architectural unit as nearly Ue
<br />Theis condition prior to savh tilting as shall be practicable, and (d) there shell be arl abatvmen-t of
<br />rent during such resuaxatioza to Um extent not otherwise provided herein.
<br />17. Surronder at ad ofTem- ,At the expiration of the Lease term, the TeraiA shall
<br />siuxrezader the Lca�cd Premisos in as good condition as they wexe iza at the be&nLg of the te n-
<br />18. Alteretjaw— Roauired by Law. In the event Haat aDy govn=ental organization,
<br />bureau. oordinances,
<br />r agency through lags, regulations, codes or other eaiactmen s or directives
<br />shall requite changes, alterations, irupxovtments or repairs to the leased preinWses wbkh require
<br />the expendituze of additional 5-Q= of money, suet} changes, alteratioz-s, improvements or repairs
<br />shall be accomplished catizely at the expense of tht Lt�scc.
<br />19. waiver cf Subrogaticn Riffs. It is agreed that if the leased premises sha€X be
<br />destroyed in whole or ba part by any cause or rinses cavexed by stazzdatd fire ,md extended
<br />coverage insurance forms, the Lessee shall not be liable for or respoz oible to Lessor or any
<br />iawzer or insqre�s of Lessor axid the Lessor shall not be Iiable for or respoasible to Lessee or any
<br />insurer or insurers of -the Lessee fox and in respect of any sada damage or destractiou, nand th.e
<br />Lessor hereby spcciRcOy'waives any and all rights Of subrogation which the insurer or insurers
<br />may have against the Lessee for such losses, damages or destruction, aiad tbe -lessee hereby
<br />speci-Ecaily waives any aad all right of subrogation which the insurer or insurers may have
<br />against the Lessor fox such losses, damages or destL action, all .uotwzthsta:aftg the fact that the
<br />same is caused iu whole or in part by the neglect of the Lessee or any of the Lessee's officers,
<br />ageWk , eMployees, i-uviteesor otherwise or by The neglect or negligence of the Lsssor ar any of
<br />the Lsssor's offirors, agents, employees, invitccs oz otlaerwi.se. It is further understood and agreed
<br />that in the event that this Section. should xezader any insurance coverage nulI and void, this
<br />Seotion shall become ineffective as batwee3i the parties hereto.
<br />20. Nuticcs. Whrmuvcr ire this Lcaw Agreement notice is to be given to the Lcssoe by
<br />this L essoz or to the Lessor by the Lessee, such notce shall be by centred nail directed to the
<br />Lessee at 3341 West State Street, Suite D, Grand Island, Nebraska 68803, or the Lessor at 3421
<br />W. State, Plaza 4, Grand Island, N -F 688037, and notice so writ shall be considered as notice to the
<br />Lassec or thea Lessor. The mailing of such notices shall be oonsidered as delivered to the other
<br />party when such notice is placed In the United Stats m zi3.
<br />
|