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.-..ter �'•:
<br />g�r...10605 5 q, `
<br />Directors of Lessor, and written notice of
<br />such mokoting and its puzVoises be given all
<br />such stockholders'. Such meting shall be
<br />called for the purpose of determining. by
<br />majority vptw of the stockholders , of Lessor, s -
<br />present ,and voting, an to whether or not
<br />terms Rion 'of Lessees Lease should be made
<br />because of a default by the Lessee. At least
<br />ten ( 10) days written notice shill, be given
<br />of any such cresting, and the Lessee shall be
<br />given full opportunity to show why his or her
<br />r. Leass should not be terminated.
<br />if a majority of the stockholders of Lessor, kF1W
<br />,- present and voting at such meeting, -
<br />,,,. _ deten fines that . Lessee is in default under
<br />b Lease and that. the same shom1d be
<br />terminated, the Leese shall have one hundred
<br />twenty ( 120) within sgbich to remove his
<br />:,d, ; : :; • . or her imps' esoienta on Bald premises a arid, if '
<br />he or she f ha` to Yrieewve the samfa •within --
<br />such 12+0. days, the.�.Uiosor and the Limsee _
<br />$ball : JOU in a ptablic auction of tho
<br />is}proveeaent :;emaininq upon .said leased —`-
<br />premises, ,'.the net proceeds from any such,
<br />-- -. -sale alhaall be applied. as follows: 7..
<br />FIRST in the payment: of any ugpafd. rents or
<br />°;. 'J •
<br />*.Other amounts .'eWinq by Lassgt to Lessor t ,
<br />fining proceeds, suW60t to the }r
<br />ri9hts, , aatittgagees , shall be paw _to the
<br />Lessee. Thwg►. :nor agrees to giver -.ea 'new,
<br />Lease to at i;t -hle purchaser at sucb,*OU= - _
<br />' auction.
<br />THIS LRASE AG EEMM shall bind the Llessek and the Ieq e
<br />and their. personal rep entatives, successors,
<br />heirs -ataad assi''
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<br />' : ,I �,. •� ' r;;,'' ' +�r:�.,w�.� Ipi.�l n��� /' ,�' •'I •' 17 }' 1' 1tY°' ° °.. ,
<br />IS 0. VAMOSDALL
<br />:•ti ANN M. HAMELO 8
<br />LESSRU
<br />ALL
<br />t On this day of Oci ` - ---
<br />� aber,, 1990,' before me, a. Notary Public , _- ��_R -_ •
<br />within and -for said County, personraLly came Dennis G. Vanosdall
<br />and Ann X. Haseeloth, as joint tenants, Lessees, known to me and � •�` --
<br />t kncrlinn to acs to be -the i.2 W6 dal. persons whose names are affixed
<br />to the f6regoisq as LsstRess, and acicnoWrliedged their execution to R
<br />be their Voluntary act and deed for the purposes thexein net ° -
<br />? .: forth. -
<br />• WITUS$ my hand and Notarial Seal the date last above
<br />written. MY Notarial Commission expires:
<br />•�
<br />Notary Pub c =
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