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~1-f)~32850 LEASE AGREEMENT ANO OPTION TO PURCHASE THIS AGREEMENT entered into this ~_~ay of March, 1981, between HERMAN KRUSE, Lessor, and RICK PETERS and v. DUlGLAS LEMMERMAN, d/ltya Bt-ker Bar, Lessee. Lessor is the owner of the business premises commonly known as 221 High Street, Cairo, Nebraska, and more particularly described as follows: The west one hundred (100) feet of Lot numbered six (6) and the north two (2) feet of the west one hundred (100) feet of Lot numbered five (5} in block numbered six (6) of the original town of Cairo, as shown by the recorded plat thereof, in Hall County, Nebraska, subject to the reservation contained in the warranty deed conveying the above described premises recorded in book 49, at page 261 of the deed records of Hall County, Nebraska, and also the pa rty wall agreement made between Henry A. Stange and Dorothy M. Stange and Alfred Baasch relating to the north oval'. of the building. - p Lessor hereby leases to Lessee and Lessee leases from Lessor such business premises with the present improvements thereon fora teen of four (4) years commencing April 1, 1981 and terminating April 30, 1985. The rental payable by Lessee to Lessor is as follows: $110.00 per month, which sum is payable in advance, each month at the Lessor's mailing address, Cairo, Nebraska. Rent for the mchth comm'ncing April 1, 1481 shall be paid to the Lessor upon April 1> 1981. Rent each month thereafter shall be payable on the 10th day of such month, in advance, and commencing May 1, 1981. - The Lessee will pay for all utilities used on said premises and will be responsible for promptly making any electrical and plumbing repairs that might be required on the Teased premises. 1. The Lessee will use said premises far a restaurant and cocktail lounge businesses related *_hereto. In the event that the Lessee shr~ld elect to sublet all or any portion of the premise s, he shall procure the prior written approval of the Lessor, but such approval shall not be reasonably withheld. 2. The Lessee agrees to keep the leased premises in a clean and neat condition at all times. He agrees to promptly remove rubbish and debris and to protect the improvements on the leased premises. He agrees to remove snow and ice from public-ways. 3. If the Lessee complies with all obligations binding upon him hereunder, he shall enjoy quiet title and peaceful possession of said premises. The Lessor reserves the right, for himself and iris agents, to come upon the leased premises to view the same at any time and to make any reasonably nece s sa ry repairs .