201305436 - Laserfiche WebLink

Browse

201305436 the proceeds of those crops. This security interest shall remain in full force and effect until the rental terms of the Lease, as herein set for, have been fulfilled. 4. REPAIRS: IRRIGATION EQUIPMENT. Landlord agrees to keep and maintain all improvements on the leased real estate, including irrigation equipment and wells, in a reasonable condition of repair. Tenant shall provide all fuel for the operation of the irrigation motor. Tenant further agrees to provide the irrigation motor to run the pivot system. Landlord agrees to provide the generator. At the termination of this Lease, or any extension or renewal of this Lease, Tenant is to deliver possession of the leased real estate to Landlord in substantially the same condition as at the commencement of this Lease, ordinary wear and tear excepted. 5. USE OF REAL ESTATE. Tenant may use the leased real estate for planting, raising, and harvesting a grain crop but is not permitted to plant any wheat or other crop maturing after the end of the term of this Lease, unless prior written consent has been given by Landlord. Tenant is permitted to pasture livestock in the stubble ground following the harvest of the annual corn crop. Due to the possibility of erosion, no fall tillage shall be permitted on the real estate. 6. SUBLETTING OR ASSIGNING. Tenant has no right to sublet or assign the leased real estate, in whole or in part, without the prior written consent of Landlord. 7. UTILITIES: SOIL ADDITIVES. Tenant is to pay for all utilities, cost of fertilizer, irrigation power, fuel, insecticides,pesticide and all other farm- related expenses, incurred by Tenant in Tenant's farming of the real estate during Tenant's use of the leased real estate. 8. ALTERATIONS OR ADDITIONS. Tenant will not make alterations or additions on the leased real estate without the Landlord's prior written consent. 9. INSPECTION BY LANDLORD. Landlord has the right at all reasonable times to inspect the leased real estate for any purpose. 10. TENANT'S LIABILITY INSURANCE. Tenant is to carry and maintain comprehensive public liability insurance in the amount of at least $300,000.00 per accident or occurrence for bodily injury or death and $100,000.00 per accident or occurrence for property damage. The policy of insurance is to be issued by a responsible company authorized and licensed to do business in Nebraska. Tenant is to furnish Landlord a certificate evidencing the insurance is in full force and effect and cannot be terminated during the lease term without reasonable notice to Landlord.