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10 <br />85- • 002021 <br />LEASE AGREEMENT <br />THIS AGREEMENT <br />and between OMAHA NATIONAL BANK <br />"Lease") iG <br />�� day of <br />March, 1985, by <br />formerly Commercial National Bank & Trust Company, RAND ISLAND, <br />Island, Nebraska, a national banking association, Trusteenunder <br />the Mortgage and Trust Indenture dated as of September 1, 1976 <br />With County of Hall, Nebraska ( "Lessor "), and MILFARM MANUFACTURING <br />CORPORATION, a Nebraska corporation ( "Lessee "). <br />PRELIMINARY STATEMENT <br />Reference is made to a certain Mortgage and Trust Indenture <br />(the "Indenture ") dated as of September 1, 1976 between the <br />Lessor and the County of Hall, Nebraska and a certain Lease and <br />Agreement dated as of September 1, 1976 between said County of <br />Hall, Nebraska and Miller Manufacturing Company, as Lessee (the <br />"Defaulted Lease "). <br />100 ller Manufacturing Company (the "Defaulted Lessee ") on <br />Title o Co a in the UniteduStatespBankruptcyu <br />U S. Court <br />for the Distric �Nebraska, and is currently in default on the <br />payment of the renta ayments due under the Defaulted Lease on <br />August 20, 1982, Februa 8, 1983, August 20, 1983 and February <br />1984, and each month therea and the Trustee has elected to <br />enter and take possession of the oject and to relet the Project <br />to the Lessee under the terms and co 'tions set forth in a Lease <br />dated February 20, 1984, and this "Lease der the terms and <br />conditions hereinafter stated without termin <br />Lease and without relieving the "Defaulting Lessg 11ofDitsulted <br />obligation to pay basic rent and additional rent or a f its <br />other obligations under the Defaulted Lease, all of whic all <br />survive the Lessor's repossession and this Lease and Agree on <br />IM <br />AGREEMENT <br />18, <br />In consideration of the covenants contained in this Agreement, <br />the parties agree as follows: <br />I. <br />PROPERTY LEASED <br />1.1 Demise. Lessor leases to Lessee and Lessee leases from <br />Lessor the to owinq property (the "land ") along with the manu- <br />facturinq plant (the "building ") and other improvements constructed <br />on it, together with the items of equipment all as shown on <br />Exhibit "A" (the land, building and equipment collectively called <br />"the premises "). <br />Legal Description: See Exhibit "B" attached hereto and made <br />a part hereof. <br />A <br />e <br />