|
,.�, .��_ �... ,. - . 8.. ..�++�.j1.�::�T',,['-° -
<br /> „��` � -
<br /> a14tr��iAY�YFr.�.ei - ---_ — Irl��..� •••• .....—'i — —.._,
<br /> .*�>>!'-n�?G�M�ti1Y� '`�'.
<br /> . .^:..-. ... .. _ i�;_.
<br /> n:,__
<br /> � . . 'y�� '�r+¢+�;•'�.<, , ,.�;,.x.
<br /> r r�..
<br /> 4Yn � ',�.f.•`:
<br /> n r� '•ti
<br /> i . .
<br /> �:���� * � + � �
<br /> '=`- 7
<br /> _�S. ::L,f ;�
<br /> ..��:F�:'iaar��:k�7�Y'�.�,�
<br /> . :�:a� . . . �.r 92— 1oss�s
<br /> � ,:��:� r.a�ss �r
<br /> ,' ,,+_ a
<br /> � - THIS AdREEMENT entered into between KUESTER LAKE, INC. , _
<br /> �� � ��'' I�ESSOR, and DEBRA DOUTHIT, ae sole owner, LESSEE.
<br /> _ ;�����.-::Jt�. � .
<br /> ,�"�.��:;y�•.•�.� 1. esari tian of Leased Premises: Lot �ienty (20), having a
<br /> ��'�-:�_��
<br /> - -=°Yr='� lake front footaqe of Seventy-F ve (75) Feet, aituated on the
<br /> _� � ' Eaet side of the West portion of Kuester Lake, and being an a
<br /> - ----����s{ part of the Ea�t Half of the Southwest Quarter (E}3W#) in Section !
<br /> � ' ' Thirteen (13) , Townehip Eleven (11) North, Range Nine (9) , West
<br /> � � of the 6th P.M. , in Hall County, Nebraska, bounded on the
<br /> _ ��` �,- .• � � . Southeasterly side by tho common road, --
<br /> �1�.� � �' �° suah lot is as ahown Qn a plat in possession of Lesaor. —•-
<br /> .�R}tiAM.`.n,_.�_.
<br /> L.r�
<br /> ._.:�-�,::Y:,=�-��-:;--. _-: �--
<br /> •• 2. Term of Lease:
<br /> °� � 35 years, aommenainq April 1, 1992, and terminatinq Marah 31, �H
<br /> ' �•.
<br /> , 2027. �"^
<br /> _:J;� x-�'-"'';' s•::;� —
<br /> : �' � � 3. Option to Extend Term: ---
<br />-'f;���;�
<br /> � �}`"' Lessee has the option to extend the term of this Lease for an
<br /> �==� - �� °�' '"��' `� additional 35 years by 9lvinq Lessor notice thereof, in writinq, �+~
<br /> `':"J �� by January 1, 2027.
<br /> _ � �-:.>
<br /> " ` 4. Ri ht to Assi nment of Leases
<br /> ��..•�'-�`'?'�""f"=-= yesaae hss th� r ght r_.o ass gn this Leaes provideds E-��
<br />,_; . .�t��..�.,... .
<br /> , � (a) Lessee has complied with all terms of thi�
<br /> ..'�,i:'• LeaBe.
<br /> ' � (b) Lessee transfers to the new owner all `
<br /> .r� .. � •• ershi of the Lessee in the � .
<br /> . intersst and own p �.-
<br /> ., � common stork of Kuester Lake, Inc• to abide � .�
<br /> � �� � (c) The new Lessee agrees, in writing, __
<br /> ' � ^ by the terms of the Lease so assigned, any - w.
<br /> � + new Lease of these premises, and to abide by �-�
<br /> �. . . the Agreement entered into by this Lessee's ���
<br /> � . predecessors in title with Kuester Lake, Inc.
<br /> �,�,ty��,,,, on or about November 4, 1974, the terms of �
<br /> - which are incorporaeed herein by reference.
<br /> , � (d) The new Lessee shall be entitlede�m manew� � ��
<br /> � Lease for a 35-year term. The t y
<br /> ' � �� � lonqer if consented to by the Lessor. —R=
<br /> - . � , ° • (e) Any subleasing must have the Lessor's �`=
<br />:,.�' aPProval. —-
<br /> � (f) The Lessee has the absolute right to -
<br /> . conditional�.y assign this Lease to any _ ��
<br /> �,•
<br /> �' mortgagee for the purpose of furnishing such —
<br />, � �� mortgagee additianal security. �
<br /> � 1 5. Rent.
<br /> r The Lessee shall pay to Lessor, as annual rent, payabletias ma �
<br /> advance arid on or before July first each year, such ren Y
<br /> � be annually determined by the Lessor under the following formula: �
<br /> � The annual rent shall be an amount, each : .
<br /> year, equal to the result of dividinq the �
<br /> total number of residential lessee-
<br /> stockholder lots into that year's anticipated ,
<br /> net budget needs of the Lessor.
<br /> The computation of the annual rent shall be done by the �,essor,
<br /> but shall be uniform among all lessee-stockholders of Kuester
<br /> � Lake, Inc. In any event the annual rent of the Lessee shall not
<br /> -�--:..- —e ..>>
<br /> � exceed One Hundred Doilars l$iuu.uui uniess L'l 11�11JV11�.Y .... o�- -
<br /> lessee-stockholders of Kuester Lake, Inc. (one vote for each
<br /> � share), present and voting at a special meetinq called for that
<br /> . purpose, shall approve the same.
<br /> i
<br /> ,
<br /> , ,
<br /> y
<br />
|