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201301273 <br />WHEREAS, the Village and Verizon Wireless wish to file this Memorandum of <br />record in the Recorder's Office of Hall County, Nebraska to provide record notice to third parties <br />of Verizon Wireless' leasehold interest in a portion of the Premises; <br />NOW, THEREFORE, for and in consideration of the covenants and promises of the <br />Parties set forth herein and in the Lease, and for other good and valuable consideration, the <br />receipt, adequacy and sufficiency of which are expressly acknowledged by the Parties, the Village <br />and Verizon Wireless agree and acknowledge for themselves and their respective successors and <br />assigns, as follows: <br />1. Upon, subject to, and in consideration of the terms and conditions set forth in <br />the Lease, the Village subleases a portion of the Premises to Verizon Wireless. <br />2. The initial five (5) year term of the Lease expired on December 17, 2006 and <br />Verizon Wireless has the option to extend the term of the Lease for four (4) additional five -year <br />renewal terms upon the terms and conditions set forth in the Lease. <br />3. Verizon Wireless has the right of first refusal to obtain a communications <br />easement under the Premises during the initial term and all renewal terms of the Lease. <br />4, This Memorandum contains only selected provisions of the Lease and <br />reference is made to the full text of the Lease for the full terms and conditions. This <br />Memorandum shall not, in any way, amend or supersede the terms and conditions of the Lease. <br />SITE NAME: NE07 Cairo <br />CONTRACT NO: 86082 <br />[Remainder of page intentionally left blank] <br />