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2 0�200292 <br />ASSIGNMENT AND ASSUMPTION OF LEASE <br />This Assignment and Assumption of Lease (this "Agreement") is entered into as of this <br />��'° day of January, 2012 (the "Effective Date"), by and among HIGHWAY MOTELS OF <br />NEBRASKA, INC., a Nebraska corporation ("Assignor"), and PSK, LLC., a Nebraska limited <br />liability company ("Assignee") and ZANADU, INC., a Nebraska corporation ("Tenant"). <br />For good and valuable consideration from Assignee to Assignor, the receipt of which is <br />acknowledged, and in consideration of the mutual promises and undertakings herein contained, <br />the parties hereto agree as follows: <br />I. Assignor hereby grants, conveys, assigns and transfers to Assignee all of its riglzt, <br />title and interest in and to that certain Lease dated October 7, 1999, for the lease of a restaurant <br />located at 7980 S. Hwy 281, Grand Island, Nebraska (the "Lease"), between Assignor and <br />Tenant, as provided herein. Tenant hereby consents to the assignment of the Lease from <br />Assignor to Assignee; which assignment explicitly assigns over Assignor's full liability, rights <br />and obligations under the Lease to Assignee and Assignor shall be released from all liability and <br />obligations under the Lease, to the extent arising on or after the Effective Date. <br />2. Assignee hereby accepts Assignor's right, title and interest in, to and under the <br />Lease and asstunes a11 of the terms, covenants, agreements, conditions, and obligations of the <br />Assignor under the Lease, tv the extent arising on or after the Effective Date, but otherwise with <br />full force and effect as if the Assignee had signed the Lease originally as landlord therein. <br />Tenant joins in the execution of this Agreement for the purpose of consenting to the terms and <br />conditions as set forth herein and releasing Assignor from any obligations under the Lease <br />arising after the Effective Date hereof. <br />