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98102711
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Last modified
3/12/2012 11:29:49 AM
Creation date
10/19/2005 5:25:33 PM
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DEEDS
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98102711
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; <br /> FARM LEASE AGREEMEAIT C�8,.,. 1(��11 <br /> This Farm Lease Agreement is entered into by and between Dale <br /> A. Whitefoot, Trustee of The Dale A. Whitefoot Trust created by the ' <br /> Revocable Living Trust Agreement dated February 7, 1994, OWNER, and <br />. Douglas McTavish and Reith McTavish, TENANT. <br /> 1. THE PROPERTY. The property which is the subject of this <br /> Agreement is legally described as follows : <br /> North Half of the Piorthwest Quarter (N 1/2 NW iJ4) of <br /> Section Twenty-Eight (28) , Township Ten (10) North, <br /> Range Twelve (12) West of the 6th P.M. in Hall County, <br /> Nebraska; <br /> East Ten (10) acres of the Southwest Quarter of the <br /> Southeast Quarter (SW 1/4 SE 1/4) of Section Twenty- <br /> • Eight (28) , Township Ten (10) North, Range Twelve (12) <br /> West of the 6th P.M. in Hall County, Nebraska; <br /> and <br /> Southeast Quarter of the Southeast Quarter (SE 1/4 <br /> SE 1/4) of Section Twenty-Eight (28) , Township Ten (10 ) <br /> North, Range Twelve (12) West of the 6th P.M. and that <br /> part of the Northeast Quarter (NE 1/4) located North of <br /> the right-of-way of Union Pacific Railroad Company and <br /> U. S. Highway No. 30 in Section Thirty-Three (33) , <br /> Township Ten (10) North, Range Twelve ( 12) West of the <br /> 6th P.M. in Hall County, Nebraska. <br /> 2 . AGREEMENT TO LEA5E. The Owner agrees to lease to Tenant and <br /> Tenant agrees to lease from Owner the property for the term and <br /> consideration hereinafter named: <br /> 2 . 1 TERM. The property is hereby leased by the Owner to the <br /> Tenant for a term from March 1, 1998 to February 28, 1999 . <br /> 2. 2 RENT. The Tenant agrees to pay as rentals for the term <br /> One-third (1/3) crop share of all crops which is the Owner' s crop <br /> share. The share of any crop payable to Owner as rent shall, <br /> before delivery to �wner, be harvested, combined and shelled for <br /> market by Tenant, at Tenant ' s own costs and expense in accordance <br /> with the best practices known to the farming industry in Hall <br /> County, Nebraska. The Owner's share shall immediately after <br /> harvest be delivered to the Owner at such place in the Grand Island <br /> area as directed by the Owner. The Owner ' s share of corn delivered <br /> to an elevator at the Owner' s direction must be 15� or below in <br /> moisture content. If the moisture content of the corn is more than <br /> 15�, the Tenant must absorb the expense for the high moisture <br /> content in excess of 15�. <br /> 1 ' <br />
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