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� <br />�� <br />0 ��� <br />� � <br />� �� <br />B <br />0 �� <br />W <br />�P <br />� <br />�� <br />�� <br />� <br />�� <br />�� <br />Return to: <br />�� <br />D <br />r , <br />r � <br />�; , <br />G , <br />7J C " <br />m • <br />,� �- - <br />� <br />� <br />� ( ' <br />m ;; <br />m <br />0 <br />u� <br />r-.� <br />. <br />� n � <br />o -..� <br />rJ- c n <br />Z --d <br />c-�� --� m <br />'� o <br />N o � <br />� <br />� <br />3 <br />�--� <br />N <br />v'r <br />u7 <br />z <br />S T <br />n m <br />r � <br />r A. <br />� <br />._.. � <br />cn ; <br />cn <br />na <br />Ra <br />C <br />��g <br />��� <br />� � <br />e�s r � <br />� <br />� � � <br />�� <br />� <br />r � <br />� <br />� <br />LEASE AGREEMENT <br />October 28, 2011 <br />� <br />� <br />� <br />� <br />� <br />� <br />W <br />� <br />� <br />� <br />� <br />� <br />� <br />� � <br />� <br />� <br />Lots Fourteen (14) and Fifteen (15), having a lake front footage of <br />180 feet, situated on the East side of the West Portion of Kuester <br />Lake, and being on a part of the East Half of the Southwest Quarter <br />�E��2SW��4 in Section Thirteen (13), Township Eleven (11) North, <br />Range Nine (9), West of the 6th P.M., Hall County, Nebraska <br />such lot is as shown on a plat in possession of Lessor. <br />THIS AGREEMENT entered into befinreen KUESTER LAKE, INC., LESSOR, and <br />ROY NIEMOTH and TERRI L. NIEMOTH, husband and wife, as joint tenants, LESSEES. <br />I. Descriation of Leased Premises: <br />2. Term of Lease: Thirty-five (35) years, commencing October 28, 2011, and <br />terminating October 27, 2046. <br />3. Option to Extend Term: Lessee has the option to extend the term of this <br />Lease for an additional 35 years by giving Lessor notice thereof, in writing, by April 19, <br />2046. <br />4. Riaht to Assianment of Lease: Lessee has the right to assign this Lease <br />provided: <br />(a) <br />(b) <br />(c) <br />�C.�� <br />(e) <br />�� <br />Lessee has complied with all terms of this Lease. <br />Lessee transfers to the new owner all interest and ownership <br />of the Lessee in the common stock of Kuester Lake, Inc. <br />The new Lessee agrees, in writing, to abide by the terms of <br />the Lease so assigned, any new Lease of these premises, <br />and to abide by the Agreement entered into by this Lessee's <br />predecessors in title with Kuester Lake, Inc. on or about <br />November 4,1974, the terms of which are incorporated herein <br />by reference. <br />The new Lessee shall be entitled to a new Lease for a 35- <br />year term. The term may be longer if consented to by the <br />Lessor. ' <br />Any subleasing must have the Lessor's approval. <br />The Lessee has the absolute right to conditionally assign this <br />Lease to any mortgagee for the purpose of fumishing such <br />mortgagee additional security. <br />� <br />O <br />tv � <br />� <br />O <br />�� � <br />F--� f � <br />o� <br />Ca � <br />O � c.� <br />� � <br />� I �� <br />� <br />5. Rent The Lessee shall pay to Lessor, as annual rent, payable in advance and <br />on or before July first each year, such rent as may be annually determined by the Lessor <br />under the following formula: <br />