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<br /> i (b) If a majority^ of the stock of Z, essor , present
<br /> and voting at such ' meeti:ng , determines that Lessee
<br /> a. s in default under his lease and �hat the same
<br /> ; ' ' should be terminated , �he Lessee shall have one
<br /> ; Yiundr�d, twenty ( 120 ) days within which �o remove
<br /> � his or h�r improvemen� s on said premises and , if he
<br /> ; I or she fails to remove the same within such 120
<br /> `- ' days; the Lessor and the L�ssee shall join in a
<br /> � w public auction of the improve.-nen� s remaining upon
<br /> =. i the leased premises and the net pro¢.eeds from any
<br /> j such sale shaZl be applied as tollows : `
<br /> � :
<br /> �. FIRST in the payment os" any unpaid rents or otl�er
<br /> ramounts owing by Lessea to Lessor ;
<br /> ; SECOND any remaining proc �eds , subject to the
<br /> i righ� s o£ mortgagees , shall be paid to the
<br /> � Lessee .. The Lessor agrees to give a new
<br /> " lease to a suitabla purchaser at such public
<br /> auction .
<br /> $
<br /> �9 TIIIS LEASE AGREEMENT shall bind the Lessor and �he Lessee and
<br /> thei. r porsonal' representatives , .successors , devisees , legatees ,
<br /> g 1^.eirs-a�-law and assigns . ,
<br /> n
<br /> ` KliESTER LAICE , .�NC .
<br /> �
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<br /> � : T s P sid
<br /> �
<br /> a I,ESSOR
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<br /> '� . ) (} ��
<br /> ' _� L/ .�_'/���' �4-�' 2..P�n�o�rz�,
<br /> �
<br /> � LESSEE
<br /> �
<br /> ; STATE OF NEBRASKA ) � •
<br /> ;
<br /> ! . . . � . .. � : SS . . . . . . . .
<br /> , COUNTY OF HALL ) ,
<br /> •�
<br /> � On this f day of w 197�, before me , a Notary
<br /> > Public withi and for s id count , personally came
<br /> � �Ir h f P h.
<br /> I�essee , own to me and known to me to be the identical person ( s )
<br /> tanose name is affixed to the foregoinq as Lessee , and ac'knowledged
<br /> their execution thereot to be their voluntary act and deed for thc�
<br /> purposes therein set forth .
<br /> Witness rny hand and notarial seal the da - e last above written .
<br /> My Notarial Commi. ssion expires : c'� . 9 .
<br /> ooNa�n .�. ruEun si .; . . ,. .,
<br /> 6eneral Nofary-51W d li�.
<br /> � �Ay Ce�;nlssla+ EMWd '� , .
<br /> .ianuarfr �0. 1970 '
<br /> � : ., � . Notary Public '
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