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�J Mar'05 03 01:02p EITAGE BANK .' 128454598 p.15 200402532 LEASE AGREEMENT For valuable consideration, Landlord hereby leases to Tenant the Premises for rent and upon the other terms and conditions set forth in this document. 1. pefiinitions and Exhibits. As used herein, the following terms and exhibits shall have the following meanings: a. "Landlord" shall mean the Randall J. Kathman and Jean M. Kathman, husband and wife, who currently reside at 405 N. 4th Street, Doniphan, Nebraska. b. "Tenant" shall mean the Cardinal Tool & Die Co., Inc., hereafter referred to as CT &D. 3pfd u; &J, IC/1064 C. "Premises" shall mean an industrial building located at Gotd— F Grand Island, Nebraska, on real estate property legally described as Lot 9, Platte Valley Industrial Park 3rd, Hall County, Nebraska, and containing approximately �1,P. &Z7p square feet, together with all improvements constructed thereon. T (The Premises are shown in Exhibit A which contain the blueprints and site plan for the CT &D building.) d. "Exhibit A" is a blueprint and site plan for the CT &D building located on Lot 9, of the Platte Valley Industrial Park 3rd Subdivision. 2. Term. b2d y�z', a. Base Terra. The term of this Agreement is five zvr co cing on 1 - g6 ?pd - ( "the Commencement Date ") and expiring on ll _ �2_(123 , unless terminated sooner according to the terms hereof b. Option to Renew. Provided that Tenant is not then in default hereunder, Tenant shall have the option to extend the term of this Agreement for three (3) additional renewal periods of five (5) years each, for a total of fifteen (15) additional years. Tenant shall exercise its option by giving written notice to Landlord of exercise within the last twelve (12) months but no later than the last six (6) months prior to the termination date of the original lease term or a properly exercised extension or extensions thereof. C. Maximum Term of Lease. The maximum term of this Agreement, including all options to renew, shall be for twenty (20) years, unless a further extention is mutually agreed to in writing by both the Landlord and the Tenant.