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200101705
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200101705
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Last modified
10/14/2011 1:00:17 AM
Creation date
10/20/2005 8:04:13 PM
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DEEDS
Inst Number
200101705
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200101705 <br />31, 2002. (a) The coming of the termination date of December <br />(b) The failure of Lessee to timely make any of the <br />payments required hereunder, including paragraphs 2, 3 and 4 <br />hereof. <br />(c) Lessee's violation of the provisions of any other <br />paragraph of this Lease, including, but without limitation, paragraphs <br />5, 6, 7, 8 or 9 hereof. <br />(d) Lessee's abandonment of the premises, which is <br />hereby defined to mean Lessee's continuous failure to use the <br />premises for the agreed purpose for a period of one year. <br />Upon termination of this Lease as above provided Lessee <br />shall forthwith vacate the premises and shall have no further <br />right to enter thereon; provided, only, that if all payments <br />required to be made by Lessee have then been made, for thirty <br />days after termination Lessee may enter the premises to remove <br />any building or fixture attached to the premises by Lessee. <br />If Lessee does remove any building or fixture he shall at his <br />expense leave the ground clear of all debris, level and clean. <br />Lessee may not remove any building or fixture at any time when <br />any payments to be made by Lessee are past due. <br />If upon termination of this Lease, Lessee is not entitled <br />to remove any building or fixture or if Lessee being so entitled <br />does not do so within a reasonable time, then Lessee shall have <br />no further right to the building or fixtures, the same shall <br />be the absolute property of Lessor, and Lessor may remove, occupy, <br />re -let or otherwise deal with the'same without any liability <br />of any kind to Lessee. <br />14. Lessee shall defend and hold Lessor harmless of and <br />from any and all claims, demands, suits or other charges whatsoever <br />made against Lessor at any time by any person or persons whomsoever <br />on account of or in any way arising from any act or failure to <br />act of Lessee. If Lessee should fail to comply with this paragraph, <br />in addition to any other remedies Lessor would have, Lessor may <br />defend, compromise, settle or otherwise deal in and with respect <br />to any such claim or demand and then recover from Lessee all <br />amounts paid by Lessor, including reasonable attorney fees. <br />15. Binding Effect of Lease Agreement. This Lease Agreement <br />shall be binding upon and inure to the benefit of the heirs, <br />executors, administrators, legal representatives, successors <br />and assigns of Lessor and Lessee; provided, however, that this <br />paragraph shall not be construed to allow an assignment by Lessee <br />which has not been first approved by Lessor in writing. <br />IN WITNESS WHEREOF, the parties have hereunto duly signed <br />this Lease Agreement the day and year first above written. <br />HALL COUNTY LIVESTOCK IMPROVEMENT <br />ASSOCIATION, a Nebraska non - profit <br />corporation, Lessor <br />BY <br />A. W. Eaton, President <br />Elwood K. Shelton, Lessee <br />2 n7 <br />nn Bland Shelton, Lessee <br />-3- <br />
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