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<br />SITE LEASI"
<br />THZS SITE LEASE, made as of the first day of July, 1979,
<br />by and between Region III Facilities Corporation, a *7ebraska not-
<br />far-profit corporation, (the "Lessor"), and HOSPITAL AUTTiORiTY NO.
<br />1 (': HALL COUNTX, NEBRASKA, a public corporation, (the "Lessee°},
<br />WITNESSETH:
<br />Lessee desires to obtain a site far the construction of
<br />a medical facility in Hall County, tebraska, and Lessor is the
<br />owner of a suitable site for such purpose, which T.essee desires
<br />to lease.
<br />In consideration of the construction by Lessee of a new
<br />medical facility on such site and the making of a Lease Agreement,
<br />dated as of July 1, 1.979, {the "Lease Agreement"} and the ~iutu~2
<br />agreements herein contained, Lessor does hereby lease unto Le=see,
<br />and Lessee does hereby lease from Lessor, the property located in
<br />Hall County, Nebraska, and legally described on rrhibi.t "A" hereto
<br />(the "Site") on the followinq terms and conditions:
<br />I. There shall be no periodic rental payable by Lessee
<br />to Lessor. As consideration for entering into this bite I•ease,
<br />°dd;t; t^ the d b^ I-a hill
<br />. .. ~ ~.... ~ agreements escribod a ,~ssee s u pa_,
<br />Lessor the sum of $30,300, such consideration being not refundable
<br />in the event of any termination prior to or at the end of the term
<br />described in paragraph 2 hereof. Lesser agrees that such consid-
<br />eration shall be applied by it to the payment of obligations in-
<br />curred by it in connection with its acquisition of the Site.
<br />2. This Site Lease is for a term of ninety-nine (99)
<br />years commencing July 1, 1979, and expiring on June 30, 20?B, pro-
<br />vided, however, that if the Lease Agreement or any extension thereof
<br />is terminated under its terms prior to the expiration of the term
<br />of this Site Lease and if all Series 1979 Bonds and any other Ponds
<br />issued pursuant to the Bond Resolution of T_essee adopted July 24,
<br />1979, {the "Bond Resolution"}, have been paid in full, the r. this
<br />Sits Lease may be terminated at the option of either party.
<br />3, Lesser agrePC to pay any taxes and assessments,
<br />genara). and special, utility charges and all other impositions,
<br />ordinary ar extraordinary, of every kind anc? nature, which might
<br />be levied ,_.~ assessed on the vice and the .,.~.,ical ~ ..;lily ~~ be
<br />constructed thereon, except to the extent that suehutaxes and
<br />assessments may be paid and are paid by others,
<br />9. Lessee agrees to cause a medical facility to be
<br />constructed on the Site in accordance with plans and specifica-
<br />tions prepared by Lessor. Such medical facility shall be built
<br />as provided in the Lease Agreement and the Bond Resalutior..
<br />5. The parties agree that the Lease Agreement anc9 the
<br />Bond Resolution contain provisions satisfactor}~ to both parties
<br />for payment of costs of repairs, renewals and replacements with
<br />respect to the Site and medical facility thereon and for providing
<br />insurance with respect to the Site and medical facility thereon.
<br />Lessor and Lessee agree that no land shall be released from this
<br />Site Lease and no amendments made to this site Lease except to
<br />t)ze extent permitted by, and upon compliance with the eor~ditions
<br />of, the Band Resolution. After all Bands issued by I•essee under
<br />the Bond Resolution have been paid or satis.f.ied in full, amend-
<br />ments to this Site Lease or c;~anges in the land leased may be
<br />made as the parties may agree.
<br />fi. Lessor warrants and covenants that if is the owner
<br />in fee simple of the Site and that the same is free and clear
<br />of all liens, claims, encumbrances, covenants and restrictions,
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