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r <br />t.: <br />1 <br />t <br />-3- 8 - 104977 <br />(b) If a majority of the stOc'X of Lesser, present <br />and voting at such meeting, datermin'es that Lessee <br />is in default under his lease and that the same <br />should be terminated, the Lessee shall have one <br />hundred twenty (120) days within. which to. remove <br />his or her improvements or said premises and, if he <br />or she fails to remove t:Ie same w�:t'nin such 120 <br />days, the Lessor and the Lessee small join in a <br />Public auction of the improvements remmaining upon <br />the leased premises and the net proceeds . from any <br />such sale shall be applied as follows: <br />.FIRST in the payment of any unpaid rents or other <br />amounts owing by Lessee to Lessor; <br />SECOND any remaining proceeds, subject to the <br />rights of mo Ztgagees, shall be paid to the <br />Lessee. The Lessor agrees to give a new <br />lease to a suitable purchaser at such public <br />auction. <br />THIS LEASE - AGREEMENT shall bind the +,essor and the Lessee and <br />their personal representatives, -.successors, devisees&-. legatees, <br />heirs- at, =:aw and assigns <br />STATE OF NEB1iASXA. ) <br />32Z' P; ident- <br />LESSOR <br />'02 O aw <br />/ <br />ss. <br />counay OF IV-ZL ) <br />On this r 1 day of �- -- � 1973— , before me, a. 'Notary <br />Public within and,;-Pr said county, personal <br />'e c <br />Ralph W. Wigg and 3 i ne Wigg <br />Lessee, known to me ana known to me to be the identical person (s) <br />Whose name is affixed to the foregoing as Lessee, and acknowledged <br />their execution thereof to be their voluntary act and deed for the <br />Purposes therein. set forth. <br />Witness my hand and notarial seal the date last above written. <br />My Notarial Commission expires.- 116R_g ft to1B <br />W. T. GRSEH '.. <br />G�alciaur`eiotH:4r. <br />• <br />c , Y•S 9 Notary Public <br />7 -� <br />