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N 0 0 cri Prepared by and upon recording Please return to: Ginsberg Jacobs LLC 300 South Wacker Drive Suite 2450 Chicago, Illinois 60606 Attn: Steven F. Ginsberg, Esq. (Site Name: NE07 Broad and Front) Aft ras c 1 MEMORANDUM OF LAND LEASE AGREEMENT , /� This Memorandum of Land Lease Agreement is made this C day of /� 0 J , , 2012, between Donald L. Jelinek and Sharon H. Jelinek with an address of 1604 Parkview Drive, Grand Island, Nebraska 68801, hereinafter referred to as "LESSOR ", and Verizon Wireless (VAW) LLC d/b /a Verizon Wireless, with its principal office located at One Verizon Way, Mailstop 4AW100, Basking Ridge, New Jersey 07920, hereinafter referred to as "LESSEE ". LESSOR and LESSEE are at times collectively referred to hereinafter as the "Parties" or individually as the "Party". 1. LESS,QR and LESSEE entered into a Land Lease Agreement (the "Agreement ") on ov V , si , 2012 for an initial term of ten (10) years, commencing on the Commencement Date. The Land Lease Agreement shall automatically be extended for three (3) additional five (5) year terms unless the LESSEE terminates it at the end of the then current term by giving the LESSOR written notice of the intent to terminate at least six (6) months prior to the end of the then current term. 2. LESSOR hereby leases to LESSEE a portion of that certain parcel of property (the entirety of LESSOR's property is referred to hereinafter as the "Property"), located at 1922 W. 3 Street, Grand Island, Nebraska, and being described as approximately 6,859 square feet of land space, located at the Property, as shown on the Tax Map of Hall County, and being part of that real property further described in a Corporation Warranty Deed recorded as Instrument No. 82- 002454 in the Office of the Register of Deeds for Hall County, together with the non - exclusive right for ingress and egress from a public right of way, North Tilden Street, seven (7) days a week twenty -four (24) hours a day, over the Property for the installation, operation and maintenance of LESSEE's communications facility, to the demised premises. The demised premises and right -of -way are hereinafter collectively referred to as the "Premises ". The Premises are described in Exhibit A attached hereto and made a part hereof, and as shown on the plat of survey attached hereto and incorporated herein as Exhibit B. In the event any public utility is unable to use the aforementioned right -of -way, LESSOR has agreed to grant an additional right -of -way either to the LESSEE or to the public utility at no cost to the LESSEE. S0