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<br /> 98�- 11U120
<br /> THIS ]1GREL![ENT �nt�r�c! into b�tww�rf 1([tLBTER Li1lC8, YNC.,
<br /> LESSOR, and JIM HUC1C •nd LIND11 BtJCK, husband �nd vila as j41nt
<br /> t�nants, L1lsl3EB.
<br /> l. D��critition o! Laas�d Pruia��:
<br /> Lot Nin�t��n (19) , ha�vinq a lak� tront loo�eqa of 75
<br /> l��at, s3tuat�d on th� N�st sid� o! tha East Portion o!
<br /> lCu�st�r Lak�, and b�ing on a pdrt o! th� Lsst Hal! o! th�
<br /> sauthw�st Quart�r (E�SIi�) , in s�ation Thirt��n (13) ,
<br /> Town�hip Elav�n (11) North, Ranq� Nin� (9) , Hall County,
<br /> N�braska, bound�d on th� N�st�rly sid� by th� coauwn
<br /> roa�d t
<br /> •uch lot i■ as Rhawn on a plat in poss�ssion o! Lassor.
<br /> 3. T�r� o! r�a■�: Thirty-liva (35) y�ars, co�noi.nq Octob��r
<br /> 15., 1948, and t�rainatinq Octob�r 14, Z033.
<br /> � � � 3._ Qptian to Extond �ar�: Lass�e ha4 th� option to act�md
<br /> th� �era o� this Lsass for an addi�ional 35 y�ara by givinq Lsssor
<br /> notic� th�r�of, in writinq, by Jun� 1, Z433.
<br /> 4. Riqht to ]�►ssivt��nt ot Leasa: Lsssee ha�s th� right to
<br /> assiqn tnis �as� provia�:
<br /> (a) Lsss�a has co�►plisd vith all t�rss o! this
<br /> i�ass.
<br /> (b; I,�sss� tran�lers to th� n�r owner a�ll int�rsst
<br /> : and ovnarship o! th� Lsssw� in th� coaiwn
<br /> . . stexlc o! 1Cuest�r Ir�k�, Inc. � .
<br /> (c) ` Tha ��w L�as�� aqra�a, in writit�q, to abid� by '
<br /> ths tis-�s o! th� Iwas� so as�iqnrd, any nw
<br /> L�ass o! th�s� praais�s, and to abid� by tch�
<br /> � ]►qr��wnt ant�r�d into by this Laas���s
<br /> pradwce�sors in titla with lc���t�r Leik�, Inc. •
<br /> � on or,;;'.�about Novs�r 4, .1974, th� teras o!
<br /> . which�;ar: incorporat�d harsin by r�l�r�nca. .
<br /> (d) Th� niw I�s�o� ahall ba �ntitl�d to a naW �
<br /> iwas� for m,��5���er tora. Th� t�rs aay b4 �� �
<br /> . lonq�r i! coi�s�rt,tl�d �o by th� I,�ssor. �
<br /> •���:; (�) 1►ny sublaasinq suot hav� th� I,��sor's
<br /> approvsl. �
<br /> • ''� (t� Th� IwssN has th� ab�olu�a riqht to
<br /> conditionally�' assign this Y�aas� to any ..
<br /> , ;;'��� �aortqsg�a fd�' th� purpos� ot lurnishinq sursh� .' .
<br /> , � �ortq'aq�e additiont�l sacurity. .
<br /> ' . � �
<br /> � 5. $�,, Ths I�sreo shail pay to Leaaor, as �r�u�l� ;�ratt;:� •
<br /> payabl� in advancs and. on or b�tara July tirst •ach year; ;�ruc1� �rit. •�"� �•
<br /> as �ay b� annual ly deteraiined by th� �ssor und�r th'� ':tollov�:iiq ?
<br /> lorsula: ' • �. �
<br /> The :nnnual z�nt shall b� a�n.a�ount, �ach year, ������
<br /> ' � �qual to tbe ra�ult of diwidinq th� totail , � � � �
<br /> nuabar of residantial l�ssee-s�ockhold�r lots. ' �
<br /> into �hat yadr•s nnticipated net budqat na�ds . �
<br /> o� tha Laasor.
<br /> The co�putation of tb� ennual rent sha12 bo done by � Le�t�tor, but .
<br /> shall be unifor� a�ang all lassea-stockholders df 1Cuester Laka,
<br /> Inc. In any avent the annual rent o! tha La���e nhall not �xc�sd
<br /> Ons Hundrsd Dollars ($100.00) unlsss a �ajority af all lerso�-
<br /> �tiockholders of 1Cuost�r Lak�, Inc. (ant vot� for sa.ch shar�),
<br /> pr�r4nt �nd voting at a sprcial a��tinq callad for tha�t purposs,
<br /> shall approv� th� sa�.
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