Loading...
HomeMy Public PortalAboutLeaseL -E -A -S -E THIS INDENTURE, Made and entered into this 1st day of August, 1935, by and between the VILLAGE OF Mc0ALL, a municipal corporation., of Valley County, Idaho, hereinafter called the party of the first part, and TOEN STRINGER of McCall, Idaho, hereinafter called the party of the second part; WITNESSETH, That the oaid party of the first part for and in consideration of the covenants and agreements hereinafter mentioned to be kept and performed by tho second party, has, by these presents, demised and leased to the party of the second part the following described land, to wit: The Southeast 'alarter of the Northwest 'Quarter and the East half of the Southwest '..,uarter of the Northwest jjaarter, Section 3, Township 18 North, Range 3 East, Boise Meridian, in the County of Valley, State of "Idaho, and containing sirty acres, more or less, to have and to hold the same to the second party, from the date hereof, to the 1st day of June, A. D. 1940. And the second party in consideration of the premises as above set forth, covenants and agrees with the first party as follows, that is to -ay: That he will pay as rent for said premi- oes the sum of Cnv Dollar per year, payable in lawful money of the Tinited States of America on or before the 1st day of iclagust of eaeh year .during the term hereof; That each year during the term hereof he will promote, hold and Conduct horse races or amusements of any naturg rodio at and upon said premises at his own cost, risk and ex- whatsoeTer,181) pense and without any cost, risk or expense to the party of the first part whatsoever; That he will keep the party of the first part indemnified against any loss, demands, damages and expense any and. all purposes, it being understood that the party of the second part assumes all responsibility because of the use and Oecupation o said premises during the term hereof. And tha second party further agrees with the first party that at the expiration of this lease he will yield up the possession to the first party, without further demand or notice, and in as good order and eondition as when the same was entered upon by the second narty, loss by fire or inevitable accident, and ordinary wear, excepted. It is eurther understood and agreed between the parties hereto that at the expiration of this lease, the party of the second part may remove any and all improvements made or placed upon said premises by him during the term hereof. That if any rents shall be due and unpaid, or if default shall be made in any of the covenants herein contained, then it shall be lawful for the said party of the first partato re-enter said premises and to remove all aeasons therefrom, in which event any and. all improvements made or placed upon said. premises by party of sec- ond part shall remain thereon and become the property of the party of the first part as liquidated damages. IN WITNEa WHEREOF, The said party of the first part has caused these presents to be executed by its Chairman, and the party of the second part has hereunto set his hand and seal, the day and year first above written. VILLAGE OF By )7 tr McCALL (Z.7faaeat.,, Chairtan of Board of Trustees. Party of the first part. Py1-7- -••=10 STATE OF IDAEC ) ss, County of Valley ) On this day of August, in the year 1935, before MO a Notary Public in and for said State, personally appeared ',V. E. Peer, known to me to be the Chairman of the Board of Trustees of the Village of McCall, and acknowledged to me that said Village executed the 1ithin instruent, ar1v1 John 7,tringer, known to • mW to be the person whose name is subt3oAhea to the within instrument and acknowledged to me that he executed the same. . IN N1TNESS 'XHEREOF, I have hereunto set my hand and affixa, my offic4a1 seal the day and. year in this certificate first above written. liotary Idaho. rblic, Residing a M all,