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I 90-- 105�0 �; FARM LEASE THIS AGREEMF_I�A . a t S 24th lay of February , 19 '40 by and between �•A herein called LANDLORD, and DIS C. TENANT. , herein called Section 1. Description of the Farm, In consideration of the rental and cov- enants specikift below, the Landlord hereby leases to the tenant real property l-,cated in COUNTY -tate j, NEBRASKA North - fFlA**"the West Half of the Northeast Quarter (W4Nq'J, ) in Section Sixteen (100 Township twelve (12)North. Range Eleven(11) West o all f the 6th F.M. together with all the buildi-las and i- nrovements located upon it, consisting of approximately 240 acres (herein galled the "F3rm"). Section ?. Use jT Property. "he Farm i.- to be used for t`e urpose of farming. Section 3. Length of Lease. 'his lease is for a term of 2 J years beginninq 4 , February 24, 1990, :nd ending on Section 4. amount of Rent. "he -2nant shall pay to the Landlord as rental for the Farm $2,2, 500 per year Section 5. Default. :° Tenant fails to ..3ke the rental pay;nents when due, cr fails to fulfill any of the c:.�venants contained in tnis Lease, then Landlord may re -enter and take possession of the Farm and hold and enjoy the Farm without the re- entering working a Forfeiture of the rents to be paid by the Tenant for the full term of the lease. Section h. Sale of Property. (a) In the event of a sale of the rirm during the term of this Lease and Landlord desires to qive possession to the purchaser, the Tenant will surrender possession of the �,lrm upon the payment to Tenant of $ 1875.00 per acre for each acre of the '"arm newly plowed by Tenant at the time said possession is demanded. (b) If Landlord sells the r.jrm aurinq the term of this Lease, the purchaser may at :Try time enter upon the rarm for the purpose of plowing, breaking more land, summer t's;_owinq, cultivat-, or otherwise improving any part of the Farm not in actual cativation by Tenant, and without such entry working any forfeiture of t1le rents agreed to be pair. Section 7. Termination, If the Tenant :erain:. :- ccsssession of the Farm after the expiration of the term for which it is ',ereou :eases, S•.1ch possession shall not be construed to be a renewal of this Lease, 'but :c we a tenancy at the will of the Landlord. :4hict' may be terminated upon ten dap:• nctic given b th Landlord in wrjting either delivered to the Tenant, c:: s -mot • re Oe Box 393. Cairo, �N?. 68824' which is nereoy dec :a+ed wy Tenant to be Tenant S usual Post Office Section• 8. No Assignment,. Tenant agrees -.�t to r- ~ °s Lease or sublet the taym or any part thereof without t e written coned* :,` L xlclord. Section 9. Surrender of Premises. `enant agrees at the a %airation of the Lease to vacate the Farm, leaving it in as roc: -.ndition and repair as when taken, subject onl_H to reasonable wear and tear and carrage by the eleenents. Section 10. No Waste By Tenant. Tertant agrees to cultivate the rarm in a careful and husband -like manner and to maintain and keep up the fences so as to pro- tect all crass from injury and waste, and to oretect the fruit and shade trees U L L J 117—