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00202f. 2f . Commonly described as; 1011 Claude Road 1 Grand Island, Nebraska subject to conditions and restrictions of record, if any 1.2 Covenant of Quiet Enjoyment. Lessor warrants that the Defaultinq Lessee s n default under the Defaulted Lease and Indenture with respect to the rent payments due on Auqust 20, 1982 and thereafter and that Article XVII of the Defaulted Lease permits the Lessor to reenter and take possession of the Project and that by stipulation with the Defaulted Lessee the Lessor has obtained relief from the provisions of 11 U.S.C. 362 with respect to the Project permittinq it to enforce Article XVII. Lessor further warrants that it has full riqht and authority to enter into this Lease and will warrant and defend title and possession to Lessee for the full term hereof aqainst all claims, demands, riqhts and interests. II. TERM 2.1 Term. Unless sooner terminated under the provisions hereof, this Lease shall be and continue in full force and effect for a term (the "Primary Term ") of twelve (12) months from the first day of the first day of March, 1985 (the "commencement date "). and shall have four (4) extensions that shall total a period of sixty one (61) months as referenced Article III, Section 3.1. 2.2 Possession. Possession of the premises shall be delivered to tie L —Lessee upon execution hereof. 2.3 Holdove r . Any holdover at the expiration of the term With the written consent of Lessor shall be on a month -to -month basis, which tenancy may be terminated by Lessor aivinq Lessee not less than forty -five (45) days notice. During such holdover tenancy, Lessee agrees to pay Lessor on a monthly basis all rentals and other charges that would have been due under this Lease and agrees to continue to be bound by all of the terms of this Lease which are applicable at that time. 2.4 End of Term. At the expiration of this Lease, or any extension t ereo , Lessee shall peacefully surrender possession of the premises. Lessee shall have the absolute riqht to remove any and all personal property and trade fixtures owned by Lessee. III. CONSIDERATION 3.1 Rent. Lessee shall pay to Lessor as net annual rent the follow q— amounts K L L r