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_~..< <br />82"" -v'G~2~6 <br />+ NOTATION OF Lt'ASE AND REAL-ESTATE OPTION <br />-~ / _ <br />NOTICE SS HfEBY GIVEN that on the ~,E/ day of <br />7.982 trLr' ., <br />- -~-- &11.aL.l~s_A~~U.43~3~~sef_Evans1_Colora o__,;' ~ c_~~`'"+ <br />r, <br />=~- ~~~1{~s--- --, as Landlord, whether one or more, did ~-- <br />execute a written cease to_-_Terrv t+1.'WOrth _-- ___, Grand <br />Island, Nebraska, as Tenant, whether. .one or more,-on the 'following <br />described real property located in Ha11 County, Nebraska, to-wit: <br />Lot 7, Slock 2, H.G. ClaYks Addition to the City. of <br />:Grand Island, Ha1Z Coun y,: Nebraska' <br />The term, of the Lease commences May 1, 19B2, and, unless terminated <br />pcior thereto by default or the: mutual. con ent o£ both--,parties, e=x- <br />tends to midnight, April 30, 198.5. The Lease provides,'amon o er <br />provisions, thaw Tenant is responsible for all utilitie ~ and `ta3fes and <br />the maintenance of ,the raremises_ it specifically provides as 'follows: <br />"LIENS: It is specifically agreed between the parties <br />that no person shall. ever be entitled to any :lien directlg or <br />indirectly, derived through' ar,under Tenant, and through: or under <br />any'act or amiss ion .of rt, super,ior to that in this Lease reserved *o <br />Landlord upon either the Land above described or any improveme-nts r.ow <br />or hereinafter situated thereon,r'faz or on account of any labor or <br />ma terials`£urnished for any such improvements, for or on account of <br />any 'matter of things'"whatsoever. All persons furnishing such labor <br />ar materials, as well. as all other persons whomsc,ever, shall'be bound <br />by, these;provi5ions:" <br />"RELATZOPI5HIP OF PtRTIES: The parties hereto specifically <br />provide and stipulate that his Lease. shall not create, ac't as the <br />creation af, or be interpreted as creating,. any relationship of <br />agency, either limited or general, between the parties nor any joint <br />venture, partnership`or trust relationship of any type. The'arrange- <br />meht hereby created is simply *hat of a Landloard-tenant an 'a "-;net <br />net'- basis." <br />"A55IGNMENT: Tenant shall not assign, convey, centr.act to transfer, <br />mortgage or otherwise hypothecate this-.Lease, ar any interest therein, <br />and any such assignment ar`hypothecating shawl be void and shall, az the <br />option of Land lard, erminate this Lease. Tenant.-may, howeveY, sublet <br />the premises without Landlord's prior written approval." <br />By separate document-execgted the same date, Landlord h`as granted <br />anwootion to Tenant to purchase the above-described premises for the <br />price and `upon terms `as set :forth: in said Real Estate Option. Unles's <br />that Option Agreement is breached by Tenancy, or terminated by''the <br />mutual ^_onsent of both parties, the right to exercise that option shall. <br />~xtenc'. Co midnight, April 30, 1985. {See exception.) Thi's option is <br />personal unto th,e Tenant and is not asszanabl? by it without the <br />arior wri ten approval of Landlord, <br />Executed oopies of tY;e originals of tf:e above-described.. Lease' <br />Agreement and Real Estate Option are in the-possession of each o£ tare <br />cescec,..ve aarties and, for ,good cause shown, will be made <br />*cr inspection to any available <br />person demonst a ing a; bona fide interest therein. <br />L dated thisLL~~-!~"_day of __ _ _ ---- <br />E.A*IDLiJRb - NANT... <br />~.% <br />