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<br /> - ' 78— d 02 7 92 '�
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<br /> �, , (�b) I£ a majority o£ the stock of L@ssor , present
<br /> and voting at suc2-i meeting , determines that Lessee
<br /> i � . 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 which to remove
<br /> �; his or h�r improvements on said premises and, if he
<br /> �.,; " or she fails to remove the same witl�in such 120
<br /> � ; days , the Zessor and the I,essee shall join in a
<br /> �$ public auction of the improvements remairi3.ng upon
<br /> ' � �he ].eased preatises and the net pra¢eeds from any
<br /> ; � such sale shall be applied as follows :
<br /> ; .F=RST in the payment of any unpaid rents or othar
<br /> � � amounts owing by Lessee to Lassor ;
<br /> ? SECOND any remaining proceeds , subject to the
<br /> ; ; • r3ghts of mortgagees , shall be paid to the
<br /> - � Lessee . The Lessor agrees to give a new
<br /> �� " lease to a suitable purchaser at such public
<br /> � auction .
<br /> ' � ;
<br /> + % TF3IS LEASE AGREEMENT sha11 bind the Lessor and the Lessee and r -
<br /> � � their personal reprasentatives ,� .successors , devisees , leqatees , t3
<br /> � , heirs-at-laW and assigns . , �,g
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<br /> i, : � KU'ESTER LAKE . INC . ' , ';�
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<br /> ; LESSEE
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<br /> STATE OF NEBRASKA )
<br /> �' � ss . -
<br /> t' COUNTY OF HAI,L )
<br /> �.� On this 28th day of Anril 197 8 , before me , a Notary
<br /> i, Public within and £or saia cGun�y p�Z�sonallY came •
<br /> �; Erancis J . Gauthier and ,Shari 1�1 _ Gauthier; as � oint tenants, W . R _ O . S .
<br /> - << ' Lessee , 7cnown to me and ]mown to me to be the identical person ( s ) �
<br /> s " vrhose riame is a£fixed to the £oregoing as Lessee , and acknowledged
<br /> -� ' their execution thereof to be their voluntary act and deed £or the
<br /> fpurposea .. therein set forth . .
<br /> ,.
<br /> r , ' Witness my hand .�nd notarial seal the date last above written .
<br /> ; �, _, 1Ky . Notarial > Commiesion ' expires s �� •
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