Laserfiche WebLink
� � F_ <br />�; � � ' <br /> �� � <br /> .� <br />- �.:.._.. _ � <br /> �'7'-: #�(J 4 8 9 3 au�$t i. 19rr <br /> LEASE AGREEN�NT <br /> � TKIS AGREEMENT entered into between KI3ESTER LAKE, INC., LESSOR, and <br /> � (as j oint tenants �as�� ..�.Gas-�alQ-s��r�1 (strike out <br /> . po,rtion not applicable) whether one or more, LESSEE: ypta 1�2,a�Yid 3• hsvla�g a . <br /> k �,te�r tiwr�t footage a#' 1g5 2'mst� Bituat�d on ths �Iest s1d� oY the xeat porticua'o4' KuaeZsr <br /> �, Description of Ieased premises: �Q � ��g on � part of the �}aY� in' <br /> soctsoa i3s Toitl�shlp 1!� Range 9. in Hall County, Nelrsaska. bounded on the lTortharly �ide <br /> by the co�cn roaud; �uch lot is sa shown on a' plst in the paesessioa of the Laaeor. <br /> 2: Term o£ lease' <br /> ' �q years, commencing p�+�y�t �� �,o� and terminati.ng <br /> � .Iu13r �1� 2ftl2 . <br /> ; 3. Option to extend terrnc <br /> I�essee has the option to extend i:he term of this lease for an <br /> ` ; additional 35 years by giving Lessor notice thereof, in writing, <br /> , p by Ju1y 1. 2009_ <br /> � 4. Ricrht to assianment of lease: <br /> MI�essee has the right to assign this lease provided - <br /> . (a) Lessee has cornplied with all terms of this lease. <br /> (b} Lessee transfers to the new owner all interest and <br /> ownership of -the Lessee in the comman stock of <br /> ' , , Kuester Lake, Inc. <br /> , ; (c) The new Lessee agrees, in writing, to abide by the <br /> : j terms of the lease so assigned, any new lease for <br /> � these premises, and to abide by the Agreement <br /> , y entered into by this Lessee with Kuester La7ce, Inc. <br /> : � on or about Novembet 4, 1974, the terms of which <br /> ; are incorporated herein by reference. <br /> (d) The new Lessee shall r�e entitled to a new lease for <br /> � a 35 year terrn. The term may be l�nger if consented <br /> { to by the Lessor. <br /> � (e) Any sub-leasing must have the Lessor's approval. <br /> ; (f) The Lessee has the absoiu�te right to conditional3.g <br /> � assign this lease to any mortgagee for the purpose <br /> � of furnishing such mortgagee additional security. <br /> x ; <br /> 5. Rentc <br /> ; The Lessee shall pay to Lessor, as annual rent, payable in <br /> 's advance and on or before July first each year, such rent as <br /> � znay be annually determined by tlze Lessor under the following <br /> f formula: <br /> �;, The annual rent shall be an amount, each year, <br /> � equal to the result of dividing the total <br /> � number of residential lessee-stockholder lots <br /> � into that year's anticipated net budget needs • <br /> � of the Lessor. <br /> ; The computation of t'he annual rent shall be done by tY:e <br /> , I,essor, but shall be uniiorm among all lessee-stoc7cholders <br /> of K�ester Lake, Inc. =n any event, the annual rent of <br /> -the Lessee sha11 not exceed �ne Hundred Do3lars ($100.00) <br /> unless a majority of a11 lessee-stockholders of Kuester <br /> La7ce, 2nc. {one vote for eacn share) , present and voting <br /> i at a speciaL meeting cailed for that purpose, shall <br /> � approve the same. <br /> � <br /> 6. Access: <br /> The Lessae sha11 h.zv2 access frc:: the le� �d rremises ento <br /> -the Lessor's roads and shall also have the right to use <br /> the lahe for boating, swimming and fishing. These access <br /> sights are' in common with the other leaseholders at � <br /> ; Kuester Lake. ^�� -. ;� <br /> " 6-a_ Prior Is,eases: "" "" , <br /> ,�� This lease replaces and supersedes any prior lease for said "^` <br /> '` L premises which -the lessee or his predecessors in title may �s�� <br />� `� <br /> ��ave �held_ � � � _ � ��'� � <br /> � <br /> � � <br />� , <br />