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200.03805 LEASE DATE: The date of this Lease is , 2001. 2. PARTIES: The parties to this Lease, who agree to all of the terms hereof, are: (a) Landlord: KEA Investments — LLC, a Nebraska Limited Liability Company. (b) Tenant: Kevin Lockhart d /b /a Lockhart Homes. s 2� 3. TERM. The term of this Lease is one year, commencing 2, 2001 and ending December 31, 2002. Tenant shall have the option to extend this Lease for an additional term of one year on the condition that either party shall have a right to cancel the lease during the one -year extension period by giving the other party 60 days advance written notice of cancellation. In order for Tenant to exercise the option to extend the Lease for one yeg, (;nant must give Landlord notice of the exercise of the option to extend by G 15, 2002. 4. PREMISES. Landlord is the owner of the real estate situated in the East '/Z of the Northeast Quarter of Section 12- 11 -10, Hall County, Nebraska, more particularly described on Exhibit "A" attached hereto and made a part hereof by reference. The lease premises (herein called the "premises ") consists of all of the Landlord's premises described on Exhibit "A ". The premises is located on the southeast corner of the intersection of US Highway No. 281 and Capital Avenue. Driveway access is off of Capital Avenue. 5. RENT. The total rent payable by the Tenant for the lease of this premises is the sum of $45,600.00 for one year, subject to the terms of this Lease. The Tenant agrees to pay the rent at the rent of $3,800.00 per month, in advance, beginning Q 2,2001. 6. USE OF PREMISES. Tenant will not use the premises for any usielxcept for carrying on and conducting the business of selling manufactured homes. In that regard, Tenant shall place a manufactured home on the northerly portion of the easterly 30 feet of the Lessee's premises as a demonstration home and Landlord shall be permitted to use space in the demonstration home for a sales representative's office. Tenant agrees to cooperate with Landlord in making space available at reasonable hours for use of the sales representative's office. 7. PREMISES ACCEPTED "AS IS ". Tenant acknowledges that Tenant has examined and inspected the premises and accepts the premises as they were on the date of this Lease. Tenant agrees to not obstruct the driveway entrance into the Landlord's premises. The parties agree that Tenant can use the space on Landlord's premises commonly used for customer parking in order to accommodate Tenant's customers and for ingress and egress to Tenant's premises. However, in order to preserve the asphaltic concrete surface of the Landlord's premises, Tenant agrees not to permit any vehicles, trucks or tractors heavier