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<br /> 77- t704893 �
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<br /> (b) ; If a- majority of the stoc;c of Lessor , present
<br /> � ' and voting at such meeting , determines that Lessee
<br /> �. �; ; � is in de�ault�� �� under� �his � lease �� � ��and �that �the � same
<br /> ' ` ashould be terminated, the Lessee sha11 have one
<br /> ` � ' hundred twenty ( 120 ) �ays within which �o renove ; .
<br /> � , ', his or her improvenz�nts on said premises and , ' i � he , = -">
<br /> �� ' or she fails to' remove t:ze same within such 120 ~
<br /> days , �the Lessor and �he Lessee shall join in a
<br /> w public auction of �he improv�-nents remaini.ng upon
<br /> ` � the leased prernises and the net proa.eeds frorn any
<br /> c ` such sale sha11 be applied as tollows :
<br /> z
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<br /> FIRST in the payment ot any unpaid rents or ot"ner
<br /> j amounts owinq by Lesse� to Lessor ;
<br /> ` SECOND any remaining proceeds , subject to the
<br /> a rights o� mor�gagees , shall be paid to �ho
<br /> , ; Lessee .. The Lessor agrees to gi.ve a r.ew r
<br /> � ' lease to a suitable purchaser at such public '
<br /> auction .
<br /> THIS LEASE AGREEMENT shall bind the Lessor and the 2,essee az�d
<br /> � tlieir po:sonal representatives , successors , devisees , legatees,
<br /> hairs -a�-2aw and assigns . .
<br /> ? ;.
<br /> ; KUESTER LAKB , 2NC . -
<br /> � � .
<br /> r BY _��.�,��s?r!' r r
<br /> s re n`��;�— �
<br /> ;
<br /> LESSOR
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<br /> � . � �..��.�:a�'''�..�.�
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<br /> , hT � c.tt .` �-.�'� 1 F ,L it�' .�_ � . .
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<br /> 7JESSEE
<br /> STATE OF NEBRASKA ) • -
<br /> ss .
<br /> COUNTY OF HALL ) •
<br /> On this � ���^day of �U�y t�-, T 197�, before me , a Notary
<br /> ' Public within and�p£or said county , pe onall cam�ry �-�, � �
<br /> � �/1 /' . 1,..� C�c 2i--c!✓�-- l -.r o---,r...-�.,zt�-C'.-( cx.�t.�-e-;t �q/L�-t ! 5C ' l:_:.tY-2-a.n-c:���
<br /> ; Lessee, known to me and known to me to b the identical person ( s )
<br /> whose name is aftixed to the foregoing as Lessee , and ac7cnowledged
<br /> � their execution thereof to be their voluntary act and deed for the
<br /> purposes tlzerein set forth .
<br /> Witness my hand and notaria��seal the �dat 1 st. above written .
<br /> NSy Notariai Commission expires : v2��- �� � � � g ;' ��-- � . �
<br /> VY. w .�oH.NEI.i. . �� , " �J �,�/ � f /� ,� /
<br /> G'ENERA6. N0,7ARY I, l .,f �f��.�,-Gr"`- U"1'i'"L�L�—'�-�T � . .
<br /> $tate of tVeDrasAca � . ,,,e:��''. !/V� . . . . �. . � °
<br /> ` � '�� � rP. ;t;,r::.� �Y :Comri�;ssi�n"Expire's� ' � . � .'. .._NO'tTYy �Pt1b13.0 � . . . � .� . .
<br /> � � _..� `- Marth 30. . 1976 . . . . . �� �, ��'`
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<br /> . .. � � . � � . . . 6.+
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