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200905599
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Last modified
7/9/2009 4:52:05 PM
Creation date
7/9/2009 4:46:46 PM
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DEEDS
Inst Number
200905599
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200905599 <br />Lease shall remain in full force and effect, and Lessors shall repair and reconstruct the <br />Leased Premises to substantially the same condition in which it existed immediately <br />before such damage or destruction, except that Lessors shall not be required to repair or <br />reconstruct any personal property, furniture, trade fixtures, or office equipment which are <br />located on the Leased Premises and are removable by Lessee under the provisions of this <br />Lease. In the event Lessee elects to terminate this Lease, Lessars shall be entitled to all <br />proceeds of insurance and rights of recovery against insurer on policies covering such <br />damage or destruction. With regard to Lessors' obligations under this Section 16, the <br />Event Center and/or the City shall be responsible for the repair or reconstruction of the <br />impravements on the Event Center Property, Former shall be responsible for the repair or <br />reconstruction of the improvements on the Former Property, and the City shall be <br />responsible for the repair or reconstruction of the improvements on the City Property. <br />17. Notices. All notices, requests, demands or other communications hereunder (including <br />natives of all asserted actions, claims or demands) shall be given in writing and shall be <br />deemed to have been duly delivered upon personal delivery to the other Party or Parties, <br />or twenty-four (24) hours after deposit with a reputable overnight, courier service, or <br />fatty-eight (48) hours after deposit in the U.S. Mail, certified mail, return receipt <br />requested, to the addressee at the address herein designated or at such other address as <br />maybe designated in writing by notice given in the manner provided herein: <br />Ifto Lessors: Former Park Exposition and Events Center, Inc. <br />P.O. Box 490 <br />700 East Stolley Park Road <br />Grand Island, NE 68802 <br />Hall County Livestock Improvement Association <br />P.O. Box 490 <br />700 East Stolley Park Road <br />Grand Island, NE 68802 <br />City of Grand Island <br />P.O. Box 1968 <br />100 East First Street <br />Grand Island, Nebraska 68802-1968 <br />Attention: City Administrator <br />If to Lessee: Nebraska State Fair Board <br />P.O. Box 81223 <br />1800 State Fair Park Drive <br />Lincoln, Nebraska 68501 <br />Attn: Executive Director <br />-20- <br />
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