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<br /> . 78� U027Q5
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<br /> � - (b) If a majority of the stoc7c of Lessor , present � t $
<br /> and voting at such meeting , determines that Lessee
<br /> is in default under his lease and that the same ,
<br /> - should be terminated , the Lessee shall have one. � �
<br /> � hundred twenty ( 120 ) days within wnich. to remove
<br /> his or her irnprovements on said premises and , if he
<br /> � or she fails to remove th� same within such 120
<br /> days , the Lessor and the Lessee shall joira in a
<br /> public auction oP the improvements remaining upon
<br /> the Zeased premises and the net proaeeds from any
<br /> such sale sYiall l�e applied as follows :
<br /> FIRST in the payment of any unpaid rents or other -
<br /> amounts owing by Lessee to Lessor ;
<br /> SECOND any remaining proceeds , subject to the
<br /> rights of mortgagees , sYzall be paid to the .y,
<br /> Lessee . The Lessor agrees to give a. new `
<br /> ' lease to a suitable purchaser at such public �
<br /> auction . ' � � �
<br /> X
<br /> i THIS LEASE AGREEN.ENT shall bind the Lessor and the Lessee and �
<br /> �their . personal representatives , $uccessors , devisees , legatees ,
<br /> heirs-at-law and assigns . s'`
<br /> : *
<br /> KUESTER LAKE , INC . V
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<br /> � � � ':
<br /> , By ",
<br /> It Pr 3 ent � ` °
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<br /> �;� � . LESSOR � � ` �'
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<br /> ;
<br /> LESSEE
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<br /> ;
<br /> � STATE OF NEBRASKA )
<br /> - ss .
<br /> COUNTY OF HALL )
<br /> ' On this � � day of ���-�-�'-� 197 5 , before me , a Notary
<br /> Public within and for said county , personally came
<br /> � Marilvn J . J.effries
<br /> i Lessee , ]cnown to me and known to me to be the identical person ( s )
<br /> ; i�rhose name is affixed to the foregoing as Lessee , and ac7cnowledged �
<br /> , ' j; t}zeir execution thereof to be their voluntary act and deed for ttie
<br /> � "' purpoaea therein set forth .
<br /> � _
<br /> ' Witness my hand and notarial seal the date last above written .
<br /> � 1 - -, My Notarial Co�nission expiress ? • i �
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<br /> r '' � �. . .. - :�Y. T. GRFCN � : � � � ` Notary � Publ. ic � �_-' - � ��
<br /> � . � � Cenerel i��itatv Uaic nf,NrM. . . . . _ ,.
<br /> } ^+ MY� Comm:sdon Pxpir:e.
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