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,.-; I I -3- , 83- 005328 6. Lessee shall have a grace period of ten days of and from the due date of the monthly rent within which to pay the same; 7. This lease is subject to the rights of KMMJ, who currently has an option upon the premises for purposes of installing and maintaining antenna equipment. The effect of such option upon the lease is outlined in a letter dated July 8, 1980, signed by Willard L. Morton, station manager, a copy of which is attached hereto, marked Exhibit A, and made a part hereof by reference, the contents of which both Lessor and Lessee agree to be bound by; 8. The term of this lease and Lessee's possession of the premises shall commence on the first of the month following approval of the Federal Department of Environmental Control. In the event such approval is not obtained within a period of 90 days of and from the date this lease is signed, then tb~s lease agreement shall be null and void and of no force and effect. OPTION above captioned premises from Lessor, and for and in For and in consideration of Lessee leasing the consideration of the sum of $2500, receipt of which ic hereby acknowledged by Lessor, Lessor does hereby give and grant Lessee an exclusive option to lease the following described property: Northwest Quarter (Nwk) of the Southwest Quarter (SW4), Section Thirty (30), Township Eleven North (11), Range Twp.lve (12), West of t~e Sixth P.M., Hall County, Nebraska; for a period of twenty years, subject to the same use, terms and conditions as set forth in the above and foregoing lease, excepting for the consideration Ivhich Lessor and Lessee agree