2013 02-19 CCP - Laserfiche WebLink

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LEASE FOR USE OF LAND FOR FARAUNG This lease is for the use of land for farming, and shall be entered into by Xiong Her ("Tenant") and Hansen Investments; LLC, a Minnesota limited liability Company ("Landlord"). The "Property" to be used by Tenant for farming purposes consists of approximately 17.5 acres on the North side of County Road "E" in the City of Gem Lake. The part of the land covered by the agreement shall be the tillable portion of the property. The land is described as follows; Commencing at the Southwest comer of the Southwest Quarter of Section 27, Township 30, Range 22, thence East along the south line of said Southwest Quarter a distance of 935 feet, thence north at right angles a distance of 886 feet, thence West on a line parallel to the south line of said Southwest Quarter to the west line of said Southwest Quarter; thence south along the west line of said Southwest Quarter to the point of beginning; said parcel containing 19.01 acres, more or less; together with an easement, in common with others, for ingress and egress, over and across the following road: A 40 foot wide strip of land, the westerly line of which is described as follows: Beginning at a point on the south line of said Southwest Quarter of Section 27, Township 30, Range 22, distant 935 feet east of the southwest corner of said Southwest Quarter; thence north at right angles to said south line 886 feet and there terminating; subject to the rights of public in County Road E; also subject to an easement for existing power and telephone lines upon and across a strip of land fifteen (15) feet in width in the Southwest Quarter of Section 27, Township 30, Range 22, Ramsey County, Minnesota, five (5) feet on the westerly side, ten (10) feet on the easterly side of the following described line: Beginning at a point on the south line of the Southwest Quarter of said Section 27 (bearing east and west) distant 925 filet east of the southwesterly corner thereof; thence north 0*1 V west to a point on the north line of the above described parcel and there terminating. (The "Property"). Tenant and his farmer agents shall only access the Property from the south driveway installed in 2011 by Landlord. Tenant may not cut in any other driveway(s) and Tenant and his farmer agents use of the easement (aka: Daniel's Farm Road) off of County Road "E" shall be limited to the south 100 feet of the Property. Tenant understands that the road is a private road and Tenant and his farmer agents may not use any part of the remaining easement area described above. The time Tenant may use the Property for farming shall be from April 1, 2013 until October 15, 2013 (i.e. growing season). This agreement shall automatically terminate on October 15, 2013. Upon mutual written agreement of the parties, this agreement may be renewed. Upon the termination of the end of the term, Tenant and his farmer agents agree to remove all yard waste and any other items used for farming purposes unless Landlord shall give Tenant permission to leave the items on the Property. The rent per growing season shall be an amount agreed upon by the Landlord and the Tenant. The parties have agreed that for 2013 growing season, the rent will be $500.00. Landlord does not guarantee Tenant any specified number of acres. Rent shall be payable in advance. Landlord may have additional soil rough -plowed on the above described property. However, the Tenant will be responsible to do any further preparation of the land for planting of any crop. Landlord shall not be responsible to perform any additional work on the Property after the initial rough plowing has been completed. -1-