Laserfiche WebLink
- -- , 1058 ,20 <br />(b) If a majority of the stock of Lessor, present and <br />voting at such meeting, determines 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 (1.20) days within which to remove <br />his or her improvements on said premises and, if <br />he or she fails to remove the same within such <br />120 days, the Lessor and the Lessee shall join in <br />a public auction of the improvements remaining up- <br />on said leased premises, and the net proceeds from <br />any 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 mortgagees, shall be paid to the <br />Lessee. The Lessor agrees to give a new <br />Lease to a suitable purchaser at such <br />public auction. <br />THIS LEASE AGREEMENT shall bind the Lessor and the Lessee and their <br />personal representatives, successors, devisees, legatees, heirs -at -law, <br />and assigns. <br />STATE OF KIR RUNA ) <br />JV'-p-$S&A- : s s . <br />COUNTY OF l "15X ) <br />KUESTER LAKE, INC. (� <br />By L <br />Its President <br />LESSOR <br />.� M., �..l <br />LESSEE <br />On this C60--day of October , 19 86 , before me, a Notary <br />Public within and for said County, personally came <br />JOSEPH A. SONNELAND <br />Lessee, known to me and known to me to be the identical person (s) <br />whose name is affixed to the foregoing as Lessee, and acknowledged <br />their execution to be their voluntary act and deed for the purposes <br />therein set forth. <br />WITNESS my hand and Notarial S al the date last above written. <br />My Notarial Commission expires: <br />N.& 'for*- Q44 .c.. <br />STATE OP, ) Notary Pub i <br />COLIM OF Ism ) <br />On this Q;-* day of October, 1986, before me, a Notary Public, within and for said <br />County, personally came SARA. W. SAND, Lessee, known to me and known to me to be <br />the identical person whose named is affixed to the foregoing as Lessee, and acknowledged <br />her execution to be her voluntary act and deed for the purposes therein set forth. <br />W11WESS ar Notarial Seal the date last above written. My Notarial Cb�miission <br />expi.res:Im F. <br />X $� Notary Public <br />