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. - " ..r r - w , <br />ARTICLE XII <br />CPTION TO PURCHASE <br />If Lessor proposes to sell the land, it shall give Travelodge <br />an opportunity to buy at the same price and upon teirrs as favorable as <br />it will accept from any third party Lessor shall giti e Travelodge <br />rotice of tie terms and corditions of any proposed sale and thirty dais <br />vithin whien to elect to purcYase Travelodge's election to purchase <br />must be accompanied oy a payment In lAratever s,,m is reaulred as the <br />first payment urder the terms of tre prepcsed sal? to the third party <br />At Travelodge's election tYe deposit ray to -ads oy TravelvJ-e it any <br />local bank, in escrow, suQ ,ect to Lessor's . rr, Virg t;cu i ar i rrar kataole <br />title, subject to this lease, to the rrcrtga,e ar9 to 7ny ctner erc,4r,- <br />brance by Travelodge which is a lien again -t tre pr- mises. <br />If Travelodge does not so elect to pu,trase and rraKe tre re- <br />quired payment vithin the thirty -day period, Leztzcr ra✓ ;,ell 0;e land <br />upon the terms and conditions and to tYe third p ?r _cn ie,;_gratel in <br />the notice any time within six months after the notice i %as given to <br />Travelodge. Any subsequent proposed sale, even trcugh to tie --,,me <br />third person upon the same terms and ccrdr.tzcrs, gall to cLnsidered a <br />new proposal requiring compliance with this Article <br />ARTICLE XIII <br />GENERAL <br />Section 1. Utilities. Travelodge shall pay all clarges for <br />utility services used on the premises. <br />` Section 2 Notices. All notices under this lease shall be in <br />writing and delivered in person or ent by registered or certified mail <br />Lessor at 2 N. Locust St . +ter :nd Island. �'ebraska and to <br />t o s �1 <br />Travelodge at fravolodr*a Center, P. 0. 3o-c 303, 31 Ca,7on, Cal-Li . , or <br />to such other place as either party may designate in writing. ' <br />Section 3. Successors in Interest, Subject to the provisions � <br />pertaining to assignment and subletting, the obligations of this lease <br />.. 13 - <br />