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<br /> ' 76� O O J J '7 J
<br /> . � ARTICLG II .
<br /> Mnintenan¢e And Inspection Uf DertlSed Premises
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<br /> �� Section 2 . 01 . Construction ; Right of Entr . The Compntiy covenants and
<br /> �F agrees thnt 1t will , on Uehall' of the Lessor , construct and cumplete the Project as
<br /> provided in the Nortgage , nnd Che Lessor covenants ehat it sh<nll p�y the cost thereof
<br /> from the proceeds of the IlonJe, as provided in the P1orCy,age . It is a�reed that in
<br /> `` connection with Che consCruction and provisioit of the Pruject Che plans , specificationc� ,
<br /> - cost esC3mates , conernct documents , award of contracts chan�;c orders , �mendments and
<br /> other revi.sions , pinns , specifications und contrncts shall Ue made Uy the Project
<br /> Manuger un behalf of [he Lessor . It is undersl-ood snd agrecd that the proceeda of
<br /> the Donds will be administered and ttie cost of CIIL' Pro� ect �aill be defraycd in a
<br /> ;� munner consistent with ttie Act and tlie tlurtgage .
<br /> z The Company from the date of this Lease , shall have riglit to enter ;md
<br /> use Che ProJect to the extent tliat construc[ io�i wark on the £ro� ect is not thereby
<br /> ; impeded ; provided , Chat tlic Comp:�ny shall make , prior to any sucli entry , appropriate
<br /> arrangementy to �ssure thaC Lhe carriers of insurancc and the conLr�ctors on [he
<br /> � Yroject sliall not be relieved of any of their obligaCioas Uy virtue of any sucli entry .
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<br /> Section 2 . 02 . Ataintenance oti llemised Yremises . Sub,ject to Che provisim�s
<br /> s of this Le�se , the Company shall , at its sole cost and expetise , at all Cimes during
<br /> K the term of this Lease , keep and mnintain the Demised Premises , boCh inside and outside ,
<br /> in a good state of repnir and preservation , ordiiiar�� wear and eear , obr;ole� cence in
<br /> 1 spite of repair and acts of God excepted . Tiie Compan�� covenants Chat it will noC permit ,
<br /> ��; commit or suffer any wastc of the whole or any part of tlie Demised !'remises and sha.11
<br /> uot use or permit the use ot the Demised Premises , or any part thcrcof , [or any unlawful
<br /> �x purpose or permit any nuisance l-o e>:isC thcreon .
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<br /> Section 2 . 03 . �erati.on of Demised Prentises . The Comp�ny agrees that it
<br /> ' shull use , maintain and operate , or c.�use to be used , maintained and operated , Che
<br /> Demised Premises during the term of tliis Le�se [or such purposes as shall make a '
<br /> significane conL• ribution to the economic �;rowtli of Clie Lessor , shnll prov.ide �;ainful
<br /> employment and shall serve a p �blic purpose by adv�ncing the economic prosperity
<br /> and the general welfare uf tdebraska and its pcople , and shall otherwisc tulfill the
<br /> purposes of the Act , sub,ject , liowever , tu cvents r+nd continft�ncies , not uow expecCed ,
<br /> � " that may impedc the atLainment ol sucti objectives . NoLliint; hcrcin , however , Lc inlended
<br /> � - to preclude any use ot the Uemised I'remises for any purpose or purposes permitted under -
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<br /> the 'Ace . . , . . • .
<br /> � The Company shall liave thc right to place a sitpi or signs on the llemised
<br /> Pretnises iden [ ifying the Demised Premises and tlieir operaCion as beinF; tl�ose of thc
<br /> Company or its designees .
<br /> Section 2 . 0�i . Representation:; of 7'he Village . 'lhc Lessor covenants and
<br /> ` represents that it has [ ull righ� and lawful authority to enccr. into this Lease for
<br /> �t : " the Eull term I�creof and to granl' to the Cumpany the option :ind right tu purchase
<br /> Che llemised Yremises as hc:rcin contained , and Chat so lunF; as thc Cumpany shhll pny
<br /> + . l'he rent as provided herein and shall duly obscrve und perform all Clie ternts , covenants ,
<br /> conciitions , {� rovisions , stipu.Latiuns and ay;recmcuts ot tliis Lc;isc obli�;aCory on it ,
<br /> ' Chc Company shall have , l�old and enjo� , during the tcrm hcrco [ , pcacetul , quice and
<br /> �, undisputed pos , ussion o [ the Demised Yremisca , �aLthout hindrancc or molesl' aCion by
<br /> anyonc claitnin�; by or L' itrougtt Chc I.essor , suUjecC , lioNevcr , to ttie provisiuns of
<br /> this Lease , and the Lessor , hall from time to time take all necessary action ta that
<br /> end .
<br /> Section Z . OS . Comnliance with Appl, icable law . 'llie Company shall noC �ise
<br /> � or occupy , nur permiL any use or occupancy of , the l)emiaed Premises contrary to :iny
<br /> �� npplicablc law , ordinancc or govcrnmental ref;ulation no�a on c� rea [ tcr i�i Porcc . '1'I�c
<br /> �� Compnny covenants and agrces tl�al thruut;hout the Ccrm ot this Lc:� sc , at its sole
<br /> cost �nd expense , it sh � ll prompely comply with .ill law:; , ordin:uicey , orders , rules ,
<br /> regulations and requirements oE .� 11 Federal , state and municip� l governments and ehc
<br /> I.essor , und appropriate departments , conunissions , Uoards and officers thercof , whetl�cr
<br /> or not requirin�; structural repairs or alteccitions Co the llemi:: ed Pretnises or relating
<br /> to the usc or occupancy or manner of use o [ thc� llemised Premises ; prnvidcd , however , �
<br /> that [he Company shnll have tlic samc rtght Co contecC the 1cE;a]. ity or validiCy of ❑aY "' `�.p`,j`� �
<br /> such law or government�l det.crminaeion as i [ it were thc owner oC Che Pro,jecl• :�nd N <�
<br /> Lessor agrees to cooperate in any such procecdlnf; upon L�eing indcmnificd Uy Lhe Compan,Y � ' �
<br /> L n�ainst any costs , expenses or otlicr liabillties . 'Che Company shall aL; o obaerve and �, .
<br /> complp with the requirements respectin}; tlie llemiyed Yremi.^,es of :� 11 policies o [ in:;urance r. ' �-
<br /> at any time in force wittt respecC to �ny of the Uuildin};s , improvements , machinery ur � '
<br /> equipment conscituting a part of [hc Ucmised Pre��i :�es .
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