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:-~ 8Q... uC~4'~97 <br />i <br />-g_ <br />,(b) If a majority of the stock of Lessor, present <br />and voting at such meeting, deternines that Lessee <br />is in default under his lease and that the sane <br />should be terminated, Ana Lessee shall have onE <br />hundred twenty (120) days within which to remove <br />his or her improvements on said premises and, is ha <br />or she fails to remove the same within such 120 <br />days, the Lessor and the Lessee shall join in a ,, <br />public auction of the improvements remaining upon <br />the leased premises and the net proceeds from any <br />` such sale shall be applied as follows: <br />rIscST in the payment of cry unpaid rents or other <br />• a;nounts owing by Lessee to Lessor; <br />'SECOND any remaining proceeds, s'.:bject to the <br />rights of r.,ortgagaes, shall ba paid to the <br />Lessen. The Lessor agrees to give a new <br />' lease to a suitable purchaser at such public <br />auction. <br />T::IS L ASE AGREFr'rr,N'T shall bind the Lessor and the Lessaa and <br />t'rair personal represertatives,• successors, devisees, legatees,. <br />heirs-at-law and assigns. <br />KLBSTEr'2 LA:t., ING. <br />~.{ r { <br />,;. ~ ~j <br />~ Its "6'ice Pres,rient <br />~~ °• ~ LESSC?it <br />:~ € _ i f~ <br />' - - r' E ~ ~ •---flit-~ <br />rvt,i o n n erson <br />..tom,- ~ ' ~.aa ~. ~-~. ~''° C~~.~a..u-t.^~_ <br />%~ Carol J. Gu der to <br />~_ SEE <br />STATE OF NEBRASXA) ' <br />a®. <br />COUNTX o& FrnY.r• ) <br />On this ~ ~ day of Aori,l 14'~jQ_, before me, a Notary <br />Public withln and far said county, personally came <br />John R Gunder4on end <br />Lessee, known to me and known to me to be the identical person fs <br />iahoae name is affixed to the foregoing as Lessee, and acknowledgdd <br />their execution thereof to be theiz` voluntary act and dead for the <br />purpo$ee therein set forth. <br />..t~ <br />~.~ Witness my hand ait~i . =canal seal the date last above written. <br />D2y Notarial Couaaisaion axp+rasa ~---`~- ~~ ~~~° 4 ' <br />~~Pa. BERty~b .... .. `~... ` ~~ `~1~,~yY,~:i <br />vrt ' h' R ~, , .., ' teary Publsc <br />tiU~ti'titE`-a r .~ <br />.~"_ <br />