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X <br />N <br />85.-.+ 00031. <br />page 4 <br />Agreement, the Lessor and the Lessee shall, within ten (10) days <br />of the exercise of the option by Lessee to purchase, enter into a <br />standard form purchase agreement as commonly used in the State of <br />Nebraska. The costs and expenses of such sale and purchase shall <br />be allocated between the parties as is usual and customary in the <br />State of Nebraska. <br />10. Adjustments to Purchase Price in the Event of a <br />Purchase by Lessee. In the event of a purchase pursuant to <br />paragraph 8 above: (a) there shall be deducted from the purchase <br />price to be paid by Lessee to Lessor the $1,881.00 paid by Lessee <br />to Lessor on the date of this contract for the grant of the <br />option to purchase herein; (b) if the option to purchase is <br />exercised during the period commencing March 1 and ending on <br />April 30 of the same year, there shall be deducted from the <br />purchase price the installment payment of rent that was paid by <br />Lessee to Lessor on March 1 of the year during which the option <br />is exercised; and (c) if the Lessor has incurred expenses in <br />correcting a water runoff problem pursuant to paragraph 5 above, <br />then there shall be added to the purchase price the amount of <br />such expenses so incurred by the Lessor in correcting the problem. <br />11. Liens or Encumbrances. This Lease and the Lessee's <br />leasehold estate hereunder shall be prior to and superior to any <br />liens or encumbrances hereafter placed on the leased premises by <br />Lessor and to any and all renewals or extensions of any liens or <br />encumbrances now on the leased premises. In the event of a <br />a <br />a <br />J Ft <br />-1 <br />