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<br />r <br /> <br />83....JJ05057 <br /> <br />G. Garst may assign this lease, with or without the option <br />hereinafter ~ranted, at any time without the consent of Cler <br />but such aSSIgnment shall not relieve Garst from any of the <br />obligations under this lease. <br /> <br />t1. In the event of default in the payment of any <br />installment of rent, Garst shall have 10 days after <br />notificAtion in writing by Cler to Garst that said rental is <br />in default and if Garst pays the delinquent ren~al <br />installment within said 10 day period, such default shall be <br />removed and the lease shall remain in effect. If such <br />,If'] inquent i.nstallment is not paid \-Jithin 10 days' after such <br />notice, Cler may declare this lease. to be cancelled and <br />termin~ted and of'nn Further fnrce or effect, and Cler may <br />thereupon re-enter the premises. The 10 day notice provided <br />for herein shall be given by ordinary mail addressed to <br />Garst Seed Company, roan Rapids, Iowa, 50058. <br /> <br />I. Cler agrees <br />will at their own <br />premises brought <br />title in Cler. <br /> <br />that upon the execution of this lease they <br />expense have the abstract of title to the <br />up to date showing good and merchantable <br /> <br />J. llpon the t:erminntion of this lease, whether by <br />clOcpllat ion pr 1 apSf' of t ir:1p, Garst ",ill at once surrender <br />and delivnr "I' to Glpr in r:ood condition and repair, <br />rPBsnnahle wear and rPRr excppted, possession of the <br />prpml,SPS <br /> <br />K. Nonp nl thp provisions, terms or conditions of this <br />leasp to be I'erformpd hy CI0r or Garst shall be in any <br />mannpr altprpd, waivpd, modifipd. changpd or Abandoned. <br />~Xc0pt bv t}ritt~n n~r~pmpnt of ttlP parties': <br /> <br />I.. II is af'repd th"I r:arst f'1:1V cnnu'l and terminate this <br />lease on Hn~c'h ! of Ciny ~'Prlr ;Juring its term by giving <br />noticp in \.,riti'll: In Clpr nn or hf'fore I)f'cember I of the <br />prior 'leAr which ",n"ld he '10 dnys prior to the date the <br />tf~rminati_0n 1,:!ollld hr" ..rrpct ivf'. Such noticp may be given by <br />ordinary mail :1ddrPGsrd tp thf' location where Garst \-Jas <br />direct";l hv Cle}" 10 Gf'nd th" prinr Month's instllllment of <br />r~llt On Mnrrtl I follnwi.ng stIch notification, the <br />possession of th" 1".1sf'd IHPmi",'" shall bp del ivered to Cler <br />in good cl)nditiorl nod rPI)~ir. rpa~(lnabie wear nnd t~;lr <br />,~xCf'ptpd. .:Hld all rights, dut;"" and obligations of the <br />pelrties lIndpr chi.s lp:-ls(> '~hal1 I.prrninatf:' anrt cease to exist. <br /> <br />All of Ihe terms, provi~ions. conditions and covenants of <br />this lease, whether "0 expressed or not, "hall bind and enure to <br />the henefit, ns the caRe may be, of the heirs, executors, <br />Rdministrators. "ucccssors and assigns of the rp"pective part if's <br />herf'tp. <br /> <br />IN WITNESS WHEREOF, <br />instrument, in dupllcRfP, <br />'"r i t t"n. <br /> <br />the nnrtie" hereto have executpd <br />on t hp riay Clnd VP:lr fi rst <br /> <br />this <br />:1hovC' <br /> <br />J~~-'-~_.'-~ <br />. &:~e~( <br />- ~--- ~--~---- <br />Eathel' , In <br /> <br />GARST SEED CONPMY <br />^ Limited Partnership <br /> <br />B\av~0 ~~~ <br /> <br />l'nrtner <br /> <br />~).~ il' ,,--/.. <br />u ", "p / '11 <br />nY--...~'-',~ "__.I. -11 ~"\....l4"..--'t....y" _.._ <br />StPI) len ,al'st. Gener:!! <br />I'll rtne r <br /> <br />LESSORS <br /> <br />f ,r:SS FE <br /> <br />