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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> UHIBIT E <br /> Landlord's Waiver and Consent <br /> <br /> <br /> THIS LANDLOR-D' S WAIVER AND CONSENT ("Consent") is made and entered into this I st day of <br /> October, 1998, by O'Hara Plumbing Company, Inc. ('"Landlord") in favor of NTFC Capital Corporation., a <br /> Delaware comoration ("Lender"). 0. <br /> <br /> A. Landlord is owner of certain real property located in IWI County, Nebraska, being more <br /> particularly described on Exhibit A, attached to the Lease (the "Ska"). <br /> <br /> 8. the Site has been leased to Wireless IL L_L.C. ("Less") by a lease agreement dated October 1, <br /> 1998, (the "Lease) to which this exhibit is attached. <br /> <br /> C. Lender will be extending loans and other financial accommodations to Lessee for the purpose of <br /> financing Lessee's acquisition, construction, installation, maintenance and operation of a Perspnal <br /> Communications System (the "System"), part of which may be located at the Site. <br /> <br /> D. As a condition of extending such loans and other financial accommodations, Lender has required, <br /> among other things, that Lessee grand to Z!nder security interests in the System and in certain of <br /> Lessee's property, including, without limitation, machinery, equipment, fixtures and inventory, <br /> whether now owned or hereafter acquired ("Collateral"), a portion of which Collateral is and may <br /> hereafter be located on or about the Site, and that Lessee execute a leasehold mortgage or <br /> collateral assignment of !ease, conveying to Lender Lessee's leasehold interest in the Site as <br /> collateral for the loans to be shade by Lender to Lessee. <br /> <br /> NOW TREREFORE, in order to induce Lender to continue to extend financial accommodations to <br /> Lessee, which will aid Lessee in meeting its obligations to Landlord, and for other good and valuable <br /> consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord hereby agrees with <br /> Lender as follows' <br /> <br /> 1. Landlord hereby consents to Lessee's granting to Lender a lien on Lessee's leasehold <br /> interest in the Site (including any purchase option, access rights, utility easements and rights of way) and <br /> executing a leasehold mortgage, leasehold deed of trust, or collateral assignment in favor of Lender (the <br /> .'Leasehold. Mortgage'). <br /> <br /> 2. Landlord consents to Lessee's granting Lender a security interest in the Collateral. <br /> Lender's security interests and liens in the Collateral shalt be superior to any title or interest which the <br /> Landlord may at any time have therein, and, during the term of this Lease, Landlord will not assert against <br /> any of the Collateral any title or any statutory, common law, contractual or possessory lien, including, <br /> without limitation, rights of levy or distraint for rent, all of which Landlord hereby subordinates in favor of <br /> Lender. <br /> <br /> 3. Landlord hereby agrees that none of the Collateral is subject to the Lease and hereby <br /> disclaims any and all right, title, interest or claim in or to the Collateral and any cash or non-cash proceeds <br /> of the Collateral (except with respect to the subordinated landlord lien referred to in Section ? above). The <br /> Collateral may be affixed to our used in ccanjunction with the Site, but shall remain the Lessee's personal <br /> property, subject to Lender's lien, at all times. Landlord agrees not to impound or remove any of the <br /> Collateral from tote Site as long as this Consent is in effect, except as set forth herein. <br />