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<br />/ <br /> <br />-3- <br /> <br />83- 001180 <br /> <br />(b) If a majority of the stock of Lessor, present <br />and voting at such meeting, determines that Lessee <br />is in default under his lease and that the same <br />should he terminated, the Lessee shall have one <br />hundred twenty (120) days within which to r~~ove <br />his or her improv~~ents on said premises and, if he <br />or she fails to remove the same within such 120 <br />days, the Lessor and the Lessee shall join in a <br />public auction of the improvements remaining upon <br />the leased premises and the net proaeeds from any <br />such sale shall be applied as follows: <br /> <br />,FIRST in the payment of any lli"'"lpaid 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. 7ne Lessor agrees to give a new <br />lease to a suitable purchaser at such public <br />auction. <br /> <br />':i.'H:l:S LEASE AGREEHEh'"T shall D~nd the :"essor a.'1d the Lessee and <br />their personal representatives. successors, devisees. legatees. <br />heirs-at.-law and asaiq.ns~ <br /> <br />" <br /> <br />Av"'"ES'I'ER LAY,z, INC. <br /> <br />By' <br /> <br />~ <br />- --" - / <br />- -"- '4~~-t"' <br />:ts?resi ent 7 <br /> <br />r..:'::SSOR <br /> <br />" /' -" J f_C d <br />-vi...<-. /~'~ <br /> <br />LESSEE <br /> <br />STATE OF NEBRASKA <br /> <br />ss. <br /> <br />d. <br /> <br />s>>al the date last above <br />I-hUt tMJl / ~ / 9 is' . <br />/1 <br />~rta (J;;no,J) <br />, -,Notary Public <br /> <br />written. <br /> <br /><, Witness l'l\Y hand and not.arial <br />~!NO'taJ:'iAl.CoDa:i.sa1on,~es; <br /> <br /> <br />-Ht.. <br /> <br />" <br /> <br />- <br /> <br />