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LEASE OF PROPERTY <br /> THIS LEASE is made by and between Cass County, North Dakota (hereinafter "County") and <br /> Terry L Greenlund, 7316 Elm CT, Horace ND 58047-9536 (hereinafter"Lessee"). <br /> THE PARTIES HEREBY COVENANT AND AGREE AS FOLLOWS: <br /> Property: The County hereby offers to lease, and the Lessee agrees to lease, the property <br /> situated in the City of Horace, County of Cass, State of North Dakota, described as: <br /> Holmans Subdivision, Lot 21 Parcel No. 15-0275-00210-000 (hereinafter"property"). <br /> 2. Term: The term of this lease shall commence on October 6, 2014, and expire at midnight <br /> on December 31, 2014. <br /> 3. Rent: Rent shall be $10 dollars per year, payable in advance of the commencement day, <br /> to the County by and through the Cass County Auditor at the address given in the section <br /> herein entitled Notices. <br /> 4. Use: The property shall only be used for purposes consistent with those contained in <br /> Exhibit 1 (attached). Furthermore, the property shall not be used for, among other <br /> purposes, parking vehicles; building any kind of structure without prior written approval <br /> of the County; storage of any kind of equipment or personal property; placement of any <br /> signs; raising or keeping of animals; or disposal of any kind of materials, whether <br /> hazardous or not. The determination of compliance with these limitations on use of the <br /> property shall be at the County's sole discretion. <br /> 5. Maintenance: The portion of the lot visible to the general public shall be mowed a <br /> minimum of once per month during the growing season. <br /> 6. Delivery of Possession: Lessee acknowledges that Lessee has inspected the property and <br /> accepts it as suitable for the purpose and use described in this Lease and that the property <br /> then complies with the use limitations. <br /> 7. Insurance: At all times during the term of this Lease,Lessee shall maintain at Lessee's sole <br /> expense,public liability and property damage liability insurance in an amount not less than <br /> $500,000. Lessee shall deliver to County a copy of the certificate of insurance prior to the <br /> commencement, and renewal if applicable, of this Lease. County makes no representation <br /> that the limits of liability specified herein are adequate to protect Lessee. <br /> 8. Indemnification: County shall not be liable for any damage to Lessee, or any other person, <br /> or to any property, occurring on the premises or any part thereof, unless such damage is <br /> the proximate result of the negligence or an unlawful act of the County. Lessee agrees to <br /> hold the County harmless from any claims for damages occurring on the property, no <br /> matter how caused, except for injury damages for which County is legally responsible. <br /> Page 1 of 4 <br />