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200103805
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Last modified
10/14/2011 3:24:47 AM
Creation date
10/20/2005 8:32:55 PM
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DEEDS
Inst Number
200103805
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200103805 <br />reasonable costs incurred as the result of the reletting. Landlord shall not be obligated to <br />relet the premises. <br />16. LEASE SUBORINDATED TO MORTGAGES. This Lease is subject and <br />subordinate to all mortgages which may now or hereafter affect the premises, and to all <br />renewals, modifications, consolidations, replacements and extensions thereof. This <br />paragraph shall be self - operative and no further instrument of subordination shall be <br />required by any mortgagee. In confirmation of such subordination, Tenant shall execute <br />promptly any certificate that Landlord may request. <br />17. EXONERATION OF LANDLORD. Landlord shall not be liable for injury or <br />damage to person or property occurring on, within or about the premises, regardless of how <br />such injury (including death resulting from injury) or damage to person or property may <br />occur. Tenant shall keep, save and hold Landlord free from all liability and claim for <br />damages by reason of any injury (including injury resulting in death to any person or <br />persons or property of any kind whatsoever, and to whomsoever belonging, from any cause <br />or causes whatsoever while in, upon and about or in any way connected with the premises, <br />Tenant further agreeing to indemnify and save harmless Landlord from all liability, loss, <br />costs and obligations on account of or arising out of any such injuries or damages, however <br />occurring. <br />In order to adequately hold Landlord harmless from liability pursuant to this paragraph, <br />Tenant shall procure and maintain comprehensive general liability insurance, including <br />contractual liability coverage as respects this lease, against claims for bodily injury, <br />including death, and property damage occurring in or about the premise, affording as a <br />minimum single limit protection of $1,000,000.00 with respect to bodily injury or death and <br />property damage occurring or resulting from one occurrence. Said policy shall name <br />Landlord as an insured and have a 30 -day notice of cancellation or material alteration <br />clause. <br />18. SURRENDER OF PREMISES. Upon the expiration of this Lease, Tenant shall, <br />without demand, quit and surrender the premises to Landlord, in good order and condition, <br />reasonable wear and tear excepted, and Tenant shall remove all of Tenant's property. <br />Tenant's obligation to observe or perform this covenant shall survive the expiration or other <br />termination of the terms of this lease. <br />19. NO WAIVER. No waiver of any condition or covenant of this Lease by Landlord <br />shall be deemed to imply or constitute a further waiver by Landlord of any other condition <br />or covenant of this Lease. The rights and remedies created by this Lease are cumulative and <br />the use of one remedy shall not be taken to exclude or waive the right to the use of another. <br />20. NOTICES. When written notice is required to be given to either party, notice shall <br />be given by depositing notice in the United States mail, postage prepaid, addressed as <br />follows: <br />(a) Landlord: KEA Investments, 3426 W. Capital, Grand Island, NE <br />68803. <br />Kj <br />
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