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<br />"�, �, R.O. VII, 3L (3-72)
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<br /> ,�,� (Uncronditional reassignmentj
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<br /> bSSiGFiMEivi' Ot= ��dL �S'�'ATE LEASE AND AGREEMENT
<br /> �- This assiqnment of lease and aqteement made and entered into by and between
<br /> SIsTAG INC. (Lessee-hereinafter called�'Borrower");
<br /> and_ Donald Edward Shinaber
<br /> {hereinafter called"Lessor");and Overland Natlonal &3nk
<br /> (hereinafter called"Assiqnee"); Witnesseth:
<br /> Whereae,Borrower has heretofore]eased from Lessor certain real property by lease dated.���d9��r�477
<br /> ,rewrded in Book , Page , of the remrds of the County of �11
<br /> — _ State of iVPbraska for a term of twenty years, �d described as follows.
<br /> A tract of land comprising a part of the NE Quarter of Section 24,
<br /> Township Eleven North, Range Ten West of the 6th P.M. in Hall County,
<br /> Nebraska upon which is located a structure approx. $0 ft X 90 Ft, exterior
<br /> fencin� and si�,n structure,
<br /> ?` And, Whereae, Assiqnee has authorized the making ot a loan to Borrowet in the enount of-------------------
<br /> � ____One Htmdred Sixtv-Sev� Thousand and No/100 Dollars------------------($167 000.00)
<br /> due and payable on ot before A� iSt i 1985 __
<br /> And, Whereas,such lo�is for the benefi[af both Borrower and Lessor,in that the funds �e to be used for the
<br /> benefit of the business conducted on the leased premises;
<br /> Now,Therefore, for and in consideration of the premises�d of disbursement of said loan or�y pm�t thereof,
<br /> Borrower, with the consent of Lessor, hereby Aasigna, Transfers and Conveye unto Assi�ee the lease above described,
<br /> To tlave and To Hold the same for and durinq the remainder of the term menkioned in the lease, cmd all tenewals and
<br /> extensions of said te:m.
<br /> A. Borrower and Lessor further Coveoent and Agree:
<br /> 1. Borrower is not now in default in the performance of lease;and Borrower�d Lessor will each perform the
<br /> covenants�d cnnditions tequired of him by said lease for the term of said lo��td�y extensions or
<br /> renewal of it.
<br /> 2. Except as otherwise herein permittei, Borrower�d Lessor will not, alone or by aqteement between
<br /> them, modify or tecminc2e smd lease without consent of Assiqnee.
<br /> .i. in tne event of detauit by Bormwer under'.he terms of said lease,Lessor shall have the riqh4 to terminate
<br /> satd lease in accordance with its terms, provided, However, Lessor shall first qive Assiqnee 60 days
<br /> written notice of such default and the right,at the option of Assiqnee,during such period, to cure such
<br /> default;�d during such period, Lessor will take no action to enforce its claim�ising from such default �
<br /> without Assiqnee's consent. ''"'�"�` ' �a�+'"--�,.
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<br /> 4. In the event of�y default by Borzower in.the perform�ce of�iy of the obligations of his note to Assiqnee �`
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<br /> L evidencinq the aforesaid loan, �ty renewal or extension thereof, or�y other agreement made in connection �.
<br /> � therewlth,�.ncluding his aqreements herein, then,Assignee, at its option,may, without notice, using such � ��� � ��
<br /> force as may be necess�y, enter said leased premises cmd do�y one or more of the followina:
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<br />�y a. Remove all property of Borrower therefrom Yhat is hypathecated as collateral for its aforementioned
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