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79A202
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1/12/2010 11:08:28 PM
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1/12/2010 11:08:22 PM
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DEEDS
Inst Number
79A202
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~ ~~ ~ <br />death, legal incompetency or bankruptcy of a General Partner, <br />any one of which shall cause an immediate dissolution of the <br />Partnership. <br />6. Contribution by Limited Partners. <br />Sharon S. Rossmiller $100..00 <br />Lloyd E. Koehler $300,000.00 <br />James P. Foster $300,000,00 <br />7. Additional Contributions by Limited Fartners. <br />The Limited Partners are not obligated to make any additional <br />capitai contributions tc the Partnership. <br />8. Return of Contributions of Limited Partners. <br />A Limited Partner is not specifically entitled to return <br />of his capital contribution to the Partnership prior to <br />termination and dissolution of the Partnership; however, <br />the Partnership may make distributions of available funds <br />to the partners from time to time as determined b~- the <br />General Partner. <br />9. Limited Partners' Share in Profits. The share <br />of the profits or the other compensation by way of income <br />which each Limited Partner is entitled to is as follows: <br />Sharon S. Rossmiller - 2$; Lloyd E. Koehler - 20$; <br />James P. Foster - 20~. <br />_ 10. Substitution of Limited Partners. ?do assignee, <br />legatee, ciistributee or transferee (by conveyance, operation <br />of Iaw or otherwise) of the whole or any portion of a Limited <br />Partner's interest in the Partnership shall have the right <br />to. become a substituted limited partner, as that term is <br />defined in the Uniform Limited Partnership Act, without <br />written consent of the General Partner. A substituted limited <br />partner shall succeed to all the rights and interests of his <br />assignor in the Fartnership. <br />If a Limited Partner shall die, his executor, admin- <br />rttmtvc~u~Tyc{~RtcsofCEr ar trus-tee, or, if he shall be adjudicated legally <br />FALL CGUNTY, NEBRASKA <br />MAftJQtYtE NAUEiQSA, COitNTY CLERK <br />Rt~~t 1 8 1979 ~ ~. <br />a~ PM ~~ <br />~1~I~~~pit~~~~i~I~-~R~ISI~ <br />#. <br />-z- <br />
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