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<br />$.0. VII, 3L (3'°7.2)
<br />(Lhs~ditiaMl reoaslgaa~nt)
<br />~~~~, ~~
<br />A556GN~ENT ~F REAL ESYAi'E LEASE AND AGREEYENY
<br />This ossigrtmmt of lease and aspmemmt m~e and entered into by a~ 6etweea
<br />Roy L. Minnick and Rosalie N. Minnick
<br />(Lessee - heteirtafter Dolled "Ba[rowe~'),
<br />sad Kuester's Lake Inc.
<br />{hereinaftercalled"L.esaor");mtd Sraa11 Business Admin;a r-t'on
<br />(hereinafter called "Assfcytee"): Witeeeaetlr:
<br />W&meea, Borrower has hezetofore leased from Lessor Detrain real property by lease dated -?~r~h ~ ~a7 c
<br />recorded !n Bode ,Page , of the reccrds of the County of
<br />_. State of _ for a teen of years, ®rd desaibed as follows:
<br />Lot 13, having a lake front footage of 94 feet, situated on the
<br />East side of the Nest portion of Kuester Lake, and being on a part of the
<br />E 1/2 SW 1/4 in Section 13, Township 11, Range 9, in Hall County,
<br />*lebraska, bounded on the Northeasterly side by the common road; such
<br />lot is as shown on a plat in the possession of the Lessor
<br />$9,200.00
<br />And, wtz~eeo, Assi"nee has ~n,thr,rt~~rt xre maki.g of a I~t to Borews in LSa ~.:t o`
<br />::in- thousuid two hundred and roi100-- - doll
<br />due artd payable on or before `~
<br />And, Wlsereae, such loan is for the benefit of both Borrower and Lessor, in that the Ittrrda arm to be used far the
<br />benefit of the business catducbzd oa the leased premises;
<br />Now, T6nefae, far and in carsideratton of the premises mrd of disbursement of said roam ar cry port thereof,
<br />Bwmwer, with the cnnsant of Lessor, hereby Asa~se, Tnmfe~ ami Ca:sveya tstto AasiWtee the lease afiove deaaibed,
<br />To Nave sad To Void the same fear and drying the remainder of the term menuagted in the lease, and a13 renewals and
<br />extensions of said term.
<br />A. Beeraww ax1 Leaner further Covesamt and Aimee:
<br />I. Borrower is rx>t now in default in the performmtce of lease; and Borrower and Lessor will each perform rho
<br />coven®tts ~d conditions repui:ed of hLn by said lease for the term of said inert and mry ezteneima or
<br />renewal of it.
<br />2, ~.xo~rt ~ o'.hacwise herein permitted, Borrower std Lessor will not, alone or by agreement• between
<br />them, modffY ^* te~tira!e std Ieaae wiu~,out r.sert of Assignee.
<br />3, In the event of default by Bawer under '.he terms of said lease, Leaear shall have rho right ta~taminate
<br />said lease !n aca~rdanoe with tts teens, Provided, However, Lessor shall fast glue Asalgnee (i() days
<br />written notice of such default and the right, at the option of Aasi4:tee, drufnq sus3r period, to cure ettcir
<br />defmrit: and during such period, Lessor will take no acticsr to enforw its claim arising from such default
<br />without Assignee's consent.
<br />4 fa the event of any default by Borrower >n ,the perfonrreance of rnY of the obligations of h[a note to Assignee
<br />evidencing the aforesaid loan, mty renewal ~ extension thereof, ~ any other agaeeraen! mad° En connecYirn
<br />therewfth, includin4 his agreetnents herein, then, Assign, at its option, may, without notice, uein9 such
<br />force as may .'~°~ ,n,. gauzy, enter add Ieaaed premises and do any arse or more of the fatlowtnq:
<br />a. f?emave alt p.,~°;ty of ~ ~e_ t_~.~fraut tisd is jrypothecat6d as ootlaterol f~ its aforementirnad
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