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C) cn o —+ C= � z --1 m p -G Q Q n CD nl F _A -- rr; U3 O +rr r— 17 r a O �' ry D' s to o cn �, O R INDLTLE,ASE 0100 Form Approved, Law Folder: 00179 -21 Audit No: OMA4627 <S C1' LEASE OF PROPERTY THIS LEASE ( "Lease ") is entereu into on the day of 20,00, between UNION PACIFIC RAILROAD COMPANY ( "Lessor ") and GARY AND LINDA SHOVLAIN, an individual, whose address is 2211 Riverside Drive, Grand Island, Nebraska 68801 ( "Lessee "). IT IS AGREED BETWEEN THE PARTIES AS FOLLOWS: Article I. PREMISES; USE. Lessor leases to Lessee and Lessee leases from Lessor the premises ( "Premises ") at Grand Island, Nebraska, shown on the print dated May 2, 2000, marked Exhibit "A ", hereto attached and made a part hereof, subject to the provisions of this Lease and of Exhibit B attached hereto and made a part hereof. The Premises may be used for storage and handling of grain, seed and fertilizers, not including anhydrous ammonia and purposes incidental thereto, only, and for no other purpose. Article II. TERM. The term of this Lease is for twenty (20) years beginning on June 1, 2000, and expiring on June 1, 2020, unless sooner terminated as provided in this Lease. Article III. RENT. A. Lessee shall pay to Lessor advance fixed rent of Twenty -Five Thousand Seven Hundred Sixty -Three Dollars ($25,762.75) for the term. B. If Lessor terminates this Lease for any reason other than Lessee's default, or if this Lease is terminated under- Section 19 of Exhibit B, then Lessor shall refund to Lessee the unearned fixed rent paid in advance for the term. The refund shall be calculated on a pro rata basis using a 360 -day year. (Tor example, this Lease is for 20 years and, if this Lease is cancelled by the Lessor at the end of 10 years, the refund is then 50% of the advanced payment.) Article IV, SPECIAL PROVISION -- CtkNCELLATION Effective upon commencement of the term of this Lease, the Lease dated September 15, 1996, ident ied as Audit No. OMA4627 (tire `Prior Lease'); together with any and all supplements and amendments, is canceled and superseded by this Lease, except for any rights, obligations or liabilities arising under the Prior Lease before cancellation, including any consent to conditional assignment, chattel agreement, or consent to sublease. The security deposit provision or rental payment, if any, contained in the Prior Lease, will survive the cancellation of the Prior Lease and be made a part of this Lease. IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first herein written.