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<br />tk~; VII, 3L (3-?2) ~ ;, ~.
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<br />(Ur~rondtriorwl reassignment) V ~„~ ~ ~ ~ (~
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<br />A55tGNA1~NT OF REAL ESTATE LEASE ANO AGREEMEN'C
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<br />This assicarrrtertt o€ lease and agreement made and entered into by aced betweeri~ f7atf~rd :I; lluxtorz~ and
<br />Mattreen L. Buxton
<br />(Lessee-hereinafter called "Borrower");
<br />and Koester-Lake, Inc.
<br />(hgrefriofteP c=tilled "Lesso?'t• ~d f~,ucnerciai :~ationai nnnk ~ trust Company
<br />(hereinafter called "Assignee"); Witeeeaeth:
<br />Wlterere, F3ormwer has heretofore lec~ecf from Lessor car±ain real property 6y lease dated October 1, 1980
<br />recorded in Book ~ , Pose 58 , of the records of the County of Hall
<br />.~ Stole of Nebraska for a tens of 35 years, and described as follows:
<br />Lot 29, having a lake front footage of East Portion of Koester Lake are being on a
<br />Fart of the East Half of the Southwest quarter (E~SWta) of Section Thirteen (i3},
<br />Township Eleven (I1), North, Range Nine (9) West of the 6th P.K., in Hall County
<br />Nebraska, bauded on ttte Westerly side by the common road, such Lot Fifteen (15)
<br />as shown on a plot in the possession of the Lessor.
<br />And, ttlrsreas, Assignee has autlroti~ed tt;e r~ckin~ of o loan ro £iatrcwer in the amount of 547,177.71
<br />~ tasd table on ~ before Aoril 18, 1983
<br />And, t~eea, suds loan is for the benefit of bode Borrower and Lessor, in that the funds are to be used for the
<br />bmsefli of the trusirxsa conducted on the Leased premises;
<br />Now, Ttresiore, for and in corrsiderahon of the peemtses and of disbursement of said loan ar any part thereof,
<br />$otrawer, wtth the consent of Lessor, hereby +~eei6we, Treoefcro and C.oeveye unto Assignee the lease above described,
<br />Te Nsvs acid Ts Nstd the some far and during the remornder of the lerrrr mentioned in the lease, asd elf renewals and
<br />extansians of said term,
<br />A. Bar>Ee~rer and (.eaoer further Gsveeeit and Agee:
<br />1, Bartowar is aat Craw in default in the perfrurrrarrce of lease; and $ ." ~ r the
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<br />corenmta and catsditions required of him by sold lease for the term aSaidkf ~ex or
<br />yX.
<br />renewal of it, __ .__-_._ ~...
<br />2, Eieoegt as athec+rise herein permitted, ~irtrmwer and Lessor will Trot, atone or by ogreenrent• between
<br />them, motilfy or tesninde said lease without consent of AssiQrree.
<br />3, In the evasrt of deiaatt by @ocmwfr :order 'tn terms of said lease, Lessor shall have the right to tetminnte
<br />said tease in ~eatdcusce wish its terms, Provided, lfawevex, Lessor shaIl first Give Assi~ree fi0 days
<br />written tratica of such dek~utt and the rtght, at trm opuan of Assignee, during sudr pertod, to cute such
<br />def~it; and drasiaq such pneiad, Lesser will toke no ucttan to enforce its claim rrtisurq from such default
<br />rorttiwut'Assf~tas's i»nasni.
<br />4. ~a' ~Ir vrrent tr.# odtY tiefaali try awor in,tAe p~farmrasce of anY of Ure ohifgauars of frig note to Asatgnse
<br />~~ #se ~ toatr, arttt ttntewul ar extermian theteaf+ at any tither agreement tirade in cossriection
<br />itrstawttbi; fa+r~trdtttp his agraserricetts trwstn, then, Assigaae, of its aptim, may, without natica, using such
<br />e'+z+t ~ , aster said ler premte++s card rho ar,y tine or mare al the #ottowirrq:
<br />a, ,~ oll tur~QertY o! ~trArawllr thealrcrrtr ifea i+r }rYnnttreCa[ted as ~aiiatwzal f+±r itg a#,w,r,~„taM..1
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