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201102�OA <br />7. In the event of any change of ownership of the property herein leased, LESSOR agrees to notify LESSEE promptly <br />of the name, address, and phone number of the new owner, and LESSOR further agrees to give the new owner formal written <br />notice of the existence of this lease and to deliver a copy thereof to such new owner at or before closing. In the event that <br />LESSEE assigns this lease, assignee will be fully obligated under this Lease and LESSEE will no longer be bound by the <br />lease. This lease is binding upon the personal representatives, heirs, executors, successors, and assigns of both LESSEE and <br />LESSOR. <br />8. In the event of condemnation of the subject premises or any part thereof by proper authorities, or relocation of the <br />highway, the LESSOR grants to the LESSEE the right to relocate its sign on LESSOR'S remaining property adjoining the <br />condemned properiy or the relocated highway. Any condemnation award for LESSEE'S property shall accrue to LESSEE. <br />9. LESSEE agrees to indemnify LESSOR from all claims of injury and damages to LESSOR or third parties caused by <br />the installation, operation, maintenance, or dismantling of LESSEE'S sign during the term of this lease. LESSEE further <br />agrees to repair any damage to the premises or property at the premises resulting from the installation, operation, maintenance, <br />or dismantling of the sign, less ordinary wear and tear. <br />10. LESSOR agrees to indemnify LESSEE from any and all damages, liability, costs and expenses, including attorney's <br />fees, resulting from any inaccuracy in or nonfulfillment of any representation, warranty or obligation of LESSOR herein. <br />1 l. If LESSOR desires to sell or otherwise transfer any interest in the property upon which the sign is situated, LESSEE <br />shall have the right of first refusal to meet any bona ftde offer of sale on the same terms and conditions of such offer. Upon <br />LESSEE'S failure to meet such offer in writing within thirty (30) days after written notice thereof from LESSOR, LESSOR <br />may sell the leased premises to the third party in accordance with his offer. <br />12. Prior to LESSEE removing its sign, and for five (5) years after such removal, LESSOR grants LESSEE a first right <br />of refusal to match any bona fide agreement of LESSOR with a third party for the purpose of permitting off-premise outdoor <br />advertising on any portion of the leased premises. LESSEE has seven (7) days after LESSOR provides to LESSEE a copy of <br />such agreement executed by such third party to match the terms of such agreement. <br />13. If required by LESSEE, LESSOR will execute and acknowledge a memorandum of lease suitable for recordation. In <br />addition to the foregoing, LESSOR authorizes and appoints LESSEE as LESSOR's agent, representative, and attorney in fact <br />for the limited purpose of executing on behalf of LESSOR such memorandum of lease and any amended memoranda of lease <br />that are necessary or desirable to correct, amend, or supplement any matter set forth in such memorandum. LESSOR further <br />authorizes LESSEE to perform all acts that are incidental to or necessary for the execution and recordation of such <br />memorandum or memoranda. <br />14. This Lease is NOT BINDING UNTIL ACCEPTED by the General Manager of a Lamar Advertising Company. <br />IN WITNESS WHEREOF, this instrument is duly executed on the date hereinabove specified. <br />EXECUTED BY LESSOR IN THE PRESENCE OF: Michael Alan Harders/ Angela Lee Harders/ Husband and Wife <br />LESSOR'S PRINTED NAME <br />� X �"�� � � � �L'r�� ��1�._ �� "'��l �_ �c� c .;Z <br />. <br />LESSOR'S SIGNATURE <br />GENERAL NOTARY-State of Nebraska <br />ACKNOWLEDGEMENT I� Donald R. Deitemeyer <br />STATE OF �z�Rf}51:19� -�° ° My Comm. Exp. Jan, 21, 2012 <br />COUNTY/PARISHOF �fILL <br />The foregoing instrument was acknowledged before me this �_ day of �p�RUAR�{, 20 11 by <br />Yti� cW+�E L 1�.(fl�'-t�CRS�r9-►.�Cs4.�lq � N� DER S who is personally known to me or who has produced <br />as identification. <br />Witness my hand and official seal, this Z. �- _ day of �abR�AR4' A.D., 20 �1 <br />otary Public � <br />My mmission Expires: �q����(�l�! Zl, 261'Z <br />EXECUTED BY LESSEE IN THE PRESENCE OF: THE L AR COMPANI <br />OF CER'S SI NA RE <br />-�' � �lLl� �-� ti - �%� <br />OFFICER'S PRINTED NAME & TITLE <br />STATE OF �) C,ip�C1s� <br />COUNTY/PARISH OF L�'�Y�Cc4S'�r' <br />ACKNOWLEDGEMENT <br />The foregoing instrument was acknowledged before me this � day of (yYk.l,(%�, , 201� by <br />:� � CS j'lf� ���� who is personally known to me or who has produced <br />as identification. <br />W itness my hand and official seal, this _�_ day of {� G4.iC b'`,, A.D., 20_�_, <br />GENERAL NOTARY •State of Nebraska t '� � m,� <br />.`f ��) TASHA M. FIFER Notary Public <br />My Comm. Exp. May 4, 2013 <br />-' - -� My Commission Expires/yl�_� � , o1[y) � <br />