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86- 105456 LEASE THIS LEASE AGREEMENT is entered into this day of Sept. 1986, between JACK GREENWOOD, hereinafter called the "Lessor" and RICHARD DeVORE and PATRICIA DeVORE, husband and wife, hereinafter called the "Lessee ", as follows: 1. Lessor does hereby lease unto the Lessee the following - described property: One (1) Chief Storage Building containing approximately 25,000 bushel capacity located upon the Northeast Quarter (NE.) of Section Fifteen (15), Township Ten (10) North, Range Eleven (11) West of the 6th P.M., in Hall County, Nebraska, together with all improvements thereon and the right to ingress and egress to said facility for a term of one (1) year from October 1, 1986, through September 30, 1987. 2. In consideration of the Lease of the above - described building and premises, the Lessee agrees to pay annual rent to the Lessor as follows: a. On October 1, 1986, the corn or other grain to be stored in said facility shall be measured by the parties; the Lessee agrees to pay to Lessor for annual rent through September 30, 1987, the sum of .0720 per bushel grain stored in said facility as determined by measurement on October 1, 1986. b. In the event that this Lease should be renewed for an additional one (1) year term as hereinafter provided, the stored grain in said building shall be measured on October 1 of each successive year and the annual rental shall be determined based upon the same rate as set forth in the preceding paragraph. C. The annual rent shall be due and payable in advance on October 1, 1986, and on the 1st day of October of each succes- sive year in the event that this Lease is renewed. 3. This Lease may be automatically renewed by the Lessee for an additional one (1) year term provided, the Lessee has given Lessor written notice of Lessee's intent to renew the Lease for one (1) year prior to August 1, 1987, and prior to August 1 of any succeeding year. 4. Lessee covenants with the Lessor that at the expira- tion of the term of tnis Lease he will yield up the possession of the leased premises to the Lessor without further demand or notice in as good order and condition as when the same was entered upon by the Lessee, reasonable wear and tear excepted. 5. This Agreement shall extend to and be binding upon the Personal Representatives, heirs, successors and assigns of the Lessor and Lessee. J