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THIS LEASE AGREEMENT shall bind the Lessor and the Lessees and their personal representatives, successors, devisees, legatees, heirs -at -law, and assigns. KUESTER LAKE, INC. By L Frost, Its President, LESSOR Brent L. Jo r�r is n, LESSEE STATE OF NEBRASKA, COUNTY OF HALL ) ss. The foregoing instrument was acknowledged before me this ct ~day ofL�w� , 2018, by Larry Frost, president of Kuester Lake, Inc., a Neb_ska corporation, on behalf of the corporation. GENERAL NOTARY • State of Nebraska CARINA MORENO - PERALES My Comm. Exp. April 13, 2020 STATE OF NEBRASKA, COUNTY OF HALL) ss. 1 Julv The foregoing instrument was acknowledged before me this day of , 2018, by Brent L. Johnson and Diane E. Johnson, Lessees. (b) given full opportunity to show why their Lease should not be terminated. If a majority of the stockholders of Lessor, present and voting at such meeting, determines that Lessees are in default under this Lease and that the same should be terminated, the Lessees shall have one hundred twenty (120) days within which to remove their improvements on said premises; and, if they fail to remove the same within such 120 days, the Lessor and the Lessees shall join in a public auction of the improvements remaining upon said leased premises, and the net proceeds from any such sale shall be applied as follows: FIRST in the payment of any unpaid rents or other amounts owing by Lessees to Lessor; SECOND any remaining proceeds, subject to the rights of mortgagees, shall be paid to the Lessees. The Lessor agrees to give a new Lease to a suitable purchaser at such public auction. raska 019 Notary Public n rr h ()1. (a Oo,o Notary Public 201804635 Diane E. Johnson, ' SSEE GENERAL NOTARY - State of Nebraska Iql', SARAH M. \MLES My Gomm. Exp, June 19, 2019 3