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<br />, <br />84-- <br /> <br />r <br />003077 <br /> <br />-3- <br /> <br />(b) If a majority of the stock of Lessor, present and <br />voting at such meetin~, determines that Lessee <br />is in default under hls Lease and that the same <br />should be terminated, the Lessee shall have one <br />hundred twenty (120) days within which to remove <br />his or her improvements on said premises and, if <br />he or she fails to remove the same within such <br />120 days, the Lessor and the Lessee shall join in <br />a public auction of the improvements remaining up~ <br />on said leased premises, and the net proceeds fr01l1 <br />any such sale shall be applied as follows~ <br /> <br />FIRST in the payment of any unpaid rents (1<1' <br />amounts owing by Lessee to Lessor; <br />SECOND any remaining proceeds, subject to <br />rights of mortgagees, shall be ~aio <br />Lessee, The Lessor agrees to g~ve <br />Lease to a sui table pUllchaser a,t <br />public auction. <br /> <br />By <br /> <br /> <br />the idenhcal p~rs()n (sl <br />Lessee, and acknowledge.d <br />and deed for the purpo.$es <br /> <br />THIS LEASE AGREEMENT shall bind the Lessor and the Lea. <br />personal representatives, successors, devisees, legatee~.'. <br />and assigns, <br /> <br />KUESTER LAKE, INC. <br /> <br />STATE OF NE~RASKA <br /> <br />ss, <br /> <br />COUNTY OF HALL <br /> <br />On this fS day of May <br />Public within-ind for sald County, <br />SINSEL and MARY C, SINSEL <br />Le:ssee, known to me and known to me to be <br />whose name is affixed to the foregoing as <br />their execution LO be their voluntary act <br />therein set forth, <br /> <br />'tr-:,:':':y}, -\~::~A,J <br />, 19 84, before me..tl.<;~.~X" <br />personallY' came RQllJR"rP( . <br /> <br />.L ~lWllOI.F f, 1'I.An: <br />My~~~ <br />.. . ~- 114 lllf}.- <br /> <br />Sja~~he date last above written. <br />~/OllfPh. ' <br /> <br />l?~~~~(~ <br /> <br />Notar \\ub lC . <br />\j <br /> <br />WiTNESS my hand and Notarial <br />My Notarial Cou~ission expires: <br />