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04- 04- 13 ;09:11AM ;NE FIRE SPRINKLER ) INDLTLEASF 0100 __ n Fon Approved. Law %i Article I. PREMISES; USE. Article II. TERM. Article M. RENT. Exhibit B LEASE OF PROPERTY IT IS AGREED BETWEEN THE PARTIES AS FOLLOWS: Article IV. SPECIAL PROVISION — CANCELLATION 1 ;308 381 2605 3/ 11 Folder: 00223 -53 Audit No: 167853 201304019 THIS LEASE ( "Lease ") is entered into on the 2- day of e , 2022C' between UNION PACIFIC RAILROAD COMPANY ( "Lessor ") and MICHAEL & REBECCA EVERS, individuals, whose address is 118 Apollo Street, Aida, Nebraska 68810 ( "Lessee "). Lessor leases to Lessee and Lessee leases from Lessor the premises ("Premises ") at Grand Island, Nebraska, shown on the print dated April 6, 1993, marked Exhibit "A ", hereto attached and made a part hereof, subject to the provisions of this Lease and of Exhibit B attached hereto and made a part hereof. The Premises may be used for a warehouse and purposes incidental thereto, only, and for no other purpose. The term of this Lease is for twenty (20) years beginning on June 1, 2000, and expiring on June 1, 2020, unless sooner terminated as provided in this Lease. A. Lessee shall pay to Lessor advance fixed rent of Thirty -Five Thousand Seventy Three Dollars ($35,072.70) for the term. B. If Lessor terminates this Lease for any reason other than Lessee's default, or if this Lease is terminated under Section 19 of Exhibit B, then Lessor shall refund to Lessee the unearned fixed rent paid in advance for the term. The refund shall be calculated on a pro rata basis using a 360 -day year. (For example, this Lease is for 20 years and, if this Lease is cancelled by the Lessor at the end of 10 years, the refund is then 50% of the advanced payment.) Effective upon commencement of the term of this Lease, the Lease dated February 8, 1999, identified as Audit No. 167853 (the `Prior Lease'), together with any and all supplements and amendments, is canceled and superseded by this Lease, except for any rights, obligations or liabilities arising under the Prior Lease before cancellation, including any consent to conditional assignment, chattel agreement, or consent to sublease. The security deposit provision or rental payment, if any, contained in the Prior Lease, will survive the cancellation of the Prior Lease and be made a part of this Lease. IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first herein written. CODED By: Date. JUN 1 0 2000