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�Q1�0770G <br />MEMORANDUM OF LEASE <br />Grand Island, Nebraska <br />THE STATE OF NEBRASKA ) <br />) SS: <br />COUNTY OF HALL ) <br />THIS MEMORANDUM OF LEASE (the "Memorandum") is entered into this day of <br />July, 2012 (the "Effective Date"), by and between SUSAN C. ROE, ("Landlord"), and ROE <br />BUICK, INC., a Nebraska corporation ("Tenant"). <br />RECITALS <br />A. Landlord, as landlord, and Tenant, as tenant, are parties to a certain Lease <br />Agreement dated July 19, 2012, covering certain Hall County, Nebraska property, as particularly <br />described on E�cliibit A attached hereto (the " Premises"), under which Landlord has leased to <br />Tenant the Premises for the operation of Tenant's business thereon, as contemplated in the Lease; <br />and <br />B. Landlord and Tenant desire to have this Memorandum recorded in the OfFcial <br />Records of Hall County, Nebraska in order to provide notice to third parties of the e�stence of <br />such Lease affecting the Premises and of certain terms thereof, as set forth below. <br />NOW, FOR GOOD AND VALUABLE CONSIDERATION, the receipt and <br />sufficiency of which are hereby acknowledged, the parties hereby state and confirm, as follows: <br />1. TERM. The term of the Lease is for ten (10) years, commencing on August 1, <br />2012 and ending on July 31, 2022, unless extended or earlier terminated, as provided in the <br />Lease, with an option to extend for two (2) additional periods of five (5) years each. <br />2. MISCELLANEOUS. This instrument is merely a Memorandum and is subject to <br />all of the terms, conditions and provisions of the Lease. In the event of a conflict between the <br />terms of tfiis Memorandum and the Lease, the Lease shall control. This Memorandum is binding <br />upon and shall inure to the benefit of the parties and their respective heirs, successors and <br />assigns. This Memorandum may be executed in counterparts which, when taken together, shall <br />constitute one instrument. <br />For additional information, any interested party should contact Landlord at 2215 <br />Stagecoach Road, Grand Island, Nebraska, or Tenant at 344 W. Stolley Park Road, Grand Island, <br />Nebraska. <br />-1— <br />