TERMINATION OF BASE LEASE AGREEMENT, LEASE AGREEMENT

 AND BOND TRUST INDENTURE

 

            This Termination of Base Lease Agreement, Lease Agreement and Bond Trust Indenture, made and entered as of October 13, 2014, among the CITY OF LAWRENCE, KANSAS, a municipal corporation organized under the Laws of the State of Kansas (the “Issuer”), and NEUVANT HOUSE, INC., a corporation organized and existing under the laws of the State of Nebraska (the “Corporation”) and SECURITY BANK OF KANSAS CITY, a banking corporation duly organized and existing and authorized to accept and execute trusts of the character herein set out under the laws of the State of Kansas, and having its principal corporate trust office located in the City of Kansas City, Kansas, as trustee (the “Bond Trustee”);

 

            WITNESSETH:

 

            The Issuer and the Corporation entered into a Base Lease Agreement dated September 1, 2013 and a Lease Agreement dated September 1, 2013, affecting real estate described as follows:

 

Lot One (1), Block One (1), in John August Addition, in the City of Lawrence, Douglas County, Kansas

 

A Memorandum of Base Lease Agreement and a Memorandum of Lease Agreement, each dated as of September 1, 2013 were entered into between the Corporation and the Issuer.

 

            The parties hereby terminate the Memoranda and the Bond Trust Indenture dated as of September 1, 2013 (the “Indenture”) between the Issuer and the Bond Trustee. The parties affirmatively state that the Base Lease Agreement, the Lease Agreement and the Indenture are of no further force or effect as of the date of this Termination.

 

IN WITNESS WHEREOF, the parties have caused these presents to be executed to be effective on the day and year first above written.

 

 

 

 

NEUVANT HOUSE, INC.,

a Nebraska corporation

 

 

 

By:                                                                        

                  Gene Uden, President

 

 

ATTEST:

 

 

 

By:  ___________________________

            Lisa Nielsen, Secretary & VP

 

 

                                                                              CITY OF LAWRENCE, KANSAS

 

 

 

By:                                                                        

Name:        Mike Amyx

Title:          Mayor

ATTEST:

 

 

____________________________

Name:  Diane Trybom

Title:    City Clerk

 

 

 

 

 

 


 

                                                                                    SECURITY BANK OF KANSAS CITY

                                                                                      as Bond Trustee

 

 

                                                                                   

 

                                                                                    By ____________________________________

                                                                                    Name:  Peter B. Gardner

                                                                                    Title:    Vice President