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<br />. ,.t <br /> <br />. ' <br /> <br />LEASE AND GRANT OF RiGHT OF FffiST REFtl.~}\.L. <br /> <br />200702101 <br /> <br />WITNESSETH this Indenture of Lease, executed by and between <br /> <br />MARK SCHUELE and PHYLLIS SCHUElL, husband and wife, of Winter [laWm, <br /> <br />Florida, (hereinafter "LESSOR"), and MID-NEBRASKA QUALITY FOODS, tNC. . <br /> <br />an Ohio Corporation, licensed to do business in Nebraskn, whose home office is <br /> <br />347B North High Street. Columbu!;. Ohio 432i4 (hereinafter "LESSEE"), viz: <br /> <br />ARTICLE 1 - GRP.NT <br /> <br />1.1 In consideration of the rents herein rt:!served and in consid"ra- <br /> <br />tion of the full, faithful and true performance and observance of each, all ilncl <br /> <br />every covenant on the part of the LESSEE to be performed, the LESSOR does lv:reby <br /> <br />lease, demise and let unto the LESSEE, ancl the LESSEE does hereby rent fror.! the <br /> <br />LESSOR, the vacant real property, as hereinafter described (hereinafter "Leased <br /> <br />Premises:), situtate in the City of Grand Island, in the County of Hall, in the <br /> <br />State of Nebraska and being described as follows: <br /> <br />A tract of land located in the Southeast Quarter of the Southedst <br />Quarter (SE!/4 SEl/4) of Section Twenty-One (21) Township Eleven (II) North, <br />Range Nine (9) Wes t of the 6th P. M. In Hall County, Nebraska, more particu- <br />larly described as followS: <br />Beginning at a point Seven Hundred Seven and five-tenths (707.5) <br />feet South of the Southeast corner of Pleasant Home Subdivision, said point <br />being Thirty-three (33.0) feet West of the East line of said Section Twenty- <br />One (21); thence Westerly parallel to the South line of said Pleasant Home <br />Subdivision a distance of Two Hundred Sixty-One (261.0) feet; thence South- <br />erly parallel to the East line of saId Section Twenty-One (21), a distance of <br />One Hundred Thirty-four (134.0) feet: thence Easterly piJrallel to the South <br />line of said Pleasant Home Subdivislon. a distance of Two Hundred Sixty-One <br />(26l .0) feet; thence Northerly p;;trallel to the East line of said Section Twenty- <br />One (21), a distance of One Hundred Thirty-Four (134.0) feet, to the place or <br />beginning I and containing 0.71 acres, more or less_ <br /> <br />to have and to hold the same unto the said LESSEE and its successors and assigns, <br /> <br />for the period and upon the terms and conditions hereinafter set forth. <br /> <br />ARTICLE II - TERM <br /> <br />2.l The term of this Lease shall be for a period of twenty (20) years, <br /> <br />commencing on the first day of the month next succeeding the date on which the <br /> <br />LESSOR delivers possession to the LESSE1:. <br /> <br />LESSEE shi.,ll have the right to rnnl3w this Lease for one (1) additi0nal <br /> <br />term a! five (5) years upon the same terms and conditions and upon written notice to <br /> <br />LESSOR at least iBO days prior to the expIration of the orlgin,11 term - Said lIotice shi;.ll be <br /> <br />gt\--- ~" <br /> <br />-1- <br />EXHIBIT "A" <br /> <br />,r1J <br />