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<br /> : . � .= 89-. lp�'�4� . : � . ,.,;
<br /> � � � �c�e ��rr ;�: . . ... .. .
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<br /> . ' THIS �►GREffi�BNT entered into between 1CiT�ST��`��►10E. INC., . . .- - - -
<br />� � LES50�t,� snd RU� 7�. •PFBIFFffi�, (as sole owuer!. ��tber one or _ �=
<br /> . .. w�Ie�' LE$S`F►E• ,, ., ;.. ` �'t��:
<br /> ----. .......-�- �-�•-� -- -�- �-�....... ...... . . ... . ... .. . . .,... .... . . ......-...._... . _ . . .. .- -� --- �
<br /> i. D�scri fon.of Leased Pr�isea: Lot Th.i:rty��+Drie t 31 I, with a � � -
<br /> Ialce. rcAt foots9e o One Hundrad Fourteen {I1f���;:::�'eet on..tri�e West ' � ,: -
<br />. ?: � side of. the i�iest portion cf lCuester'a Lake� b�f��on p�rt. o�. the . � : _ ,
<br /> � 8ast Salf ef the Soutl�rest Quartez tE�Sw�) , a# �rction Thirteen � .
<br /> �:` (13 l, Tawnshi.p $leven (1.13 .North, Ranqe Nir►e i 9-1�:�:. t�lest of the 6th , �
<br /> „� P.M. , tn I3sZ1 County, Nebraska, and bounded oa t;�'te We�terly �ide � .
<br /> , ,._ � � ccmmon road, such lot is as shawn or� a p�at� in possession of �'�:'` .:•
<br /> � ��ssar.. , �.r:�;.:- .
<br /> � .. - ��l:'tl�. �.
<br /> t �.�',,���ZAI O� Led�E t ' : , ..
<br /> 3 � '<<'°;'�� Years, ca�encinq Octobez 1, 1989, and ��ainatin� '
<br /> � : Se�r�ber 30, 2024. .. �•
<br /> . . . .
<br /> ,
<br /> --= � . � �,� • t�tian to Extend Terat:� --V --:,s�r.. -�
<br /> �Lt�� has the;opt3.on to extend the tesm oW .tlifs; Lease for an . , .
<br /> _ : �ck�;fi:�onal 35 years by givinq Lessor notice �.he�of, in writinq, �f �
<br /> b7�,���,Y 1, 2024. •, �-,� ,
<br /> ... ,. . '��:.�.,� _. . .. _.
<br /> . T }_ .`f` '� • ' t , ' �
<br /> . .( � . . �,i�i.qht to �►ssiqnioen��.�� Lease: � � -
<br />,:;: ' . Les,�+� has the riqh�:;���o, �ssiqn this Leas�e p�ovid�d: . -
<br /> .`��'; � ' . ����`� -
<br /> ��a) Lessee �►a�::����fe�3:.wTit:,� aii tezm� o€'�,t'�1s ��t��.,�
<br />.�'�"�,,.� , � Le�ase. �.. . . . . . _....... :---��.; �
<br /> . .�__
<br /> • - , • (b) Lessee transfers to the new awrter all ��'
<br /> .. ;
<br /> interest and awnership o£ tY�e Lessee in the �� � ���``
<br /> �:°��' ccxrmon stxk of Ruestet Lake, Znc. . . - .
<br /> . i (c) The new Lessee agrees, in writ.ing, to nbide . . .
<br /> � by the tesms of the Lease sv assigned, any
<br /> ' new Lease of these premises, and to abide. by
<br /> � � �he Agreement entered i�to bl. tl�.�� .���tssee � _____
<br /> � � with Ku��ater Lake, Znc..� on os about r€avernber �� � � � � ���
<br /> ,;; .
<br /> ; 4, 1974, ��ie terms of which are incorporated � � '��' � � =
<br /> i . ,: herein bg =efere�tce. � :`
<br /> � • (d) The new Lessee shall be e�n�it]:ed to a new �':���
<br />� : � Lea�e fo��. a 35-year term. TI�e term m,��,r be - . .. . . :
<br /> � lonqer i� �onsen�ted to by xhe Lessor. �
<br /> � (e) �►ny subleas3.nq must �tave the �essor's �-
<br /> a?p�i�zoval. �
<br /> (f) '�Cr� Lesa�ee has the absolute rfght to • �
<br /> ' , conc�itiot,�lly assigrn �ri3.s Lease to an� g
<br /> ! � raartqaq�� for the purpa�e of furnishi�� such '
<br /> . � - � m��tgagee. additi:nnal security. .�.•. 3__
<br /> 5. Rerit. � . � � . � .
<br /> Tl�e Lessee shall pay� to Le�sor, as annual ren�,. gayable in � �
<br /> advance and on or before J�ly first each year, such rent as may �
<br /> be annually detertnined by the Lessor under the followinq formula:
<br /> ; Ttse annual ren� shall be an amount, each
<br /> - -; ye+�r, equal to the result of divid3�ng the
<br /> � total nwnl�er of residential lessee-
<br /> stockholde= ]�otis into that year's anticipated
<br />_ . net budqet needa of the Lessor.
<br /> The computation of the anaual rent shall be done by the Lessor, -_ � --.
<br /> but shall be �ni�orm amonq all lessee-stockholders of Kuester �
<br /> ` . �ake, Inc. Zn at�y even� the annual rent of the Lesse� ahall not
<br /> exceed One Hundred Dol�l�ars (x100.00) unless a majority of all '• ,
<br /> � ����o�=����3;a��2ers a� K�es�eY Lane, Y�e. Qare �o�� €ur� eac�-� - -
<br /> share) , present and voting at a special meeting called for that ' - '
<br /> � purpose, shall approve the s�ame.
<br />'--� 6. �►ccess.
<br /> � The Lessee shall have xcaess from the leased pr.emises ontv the
<br /> Lesaor's �aads and shal2 also have the right to use the lake for .
<br /> boating, .swfm�inq, and fishinq. These accegs rights are in �
<br /> ao�rman witb the other leaseholders at Kuester Lake. •
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