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<br /> FHA Pro,�ect No.: 1�3-22Q56
<br /> Project Name: �rand�sland Bickford�ottage
<br /> MEM�RANDUM�F MASTER LEASE
<br /> �3�85 �oodridge Blvd., Grand �sland,NE, 688�1}
<br /> THIS MEM�R.ANI]UM �F MA�TER LEASE dated as of the 1 st day of September,
<br /> 2��4 between GRAND ISLAND BICKF�RI] ��TTAGE, L.L.C., a Kansas Iimited liability
<br /> campany, with a place af business at 222 Robert Rose I]rive, Murfrees�aro, TN 37129 ("Facilit
<br /> Landl�rd"}, and JV BICI�F�RD MASTER TENANT, LLC, a Kansas limit�d liability campany,
<br /> with a principal place of business at 13795 S. Mur--Len Rd., �lathe, KS 65�62 �"Mast�r
<br /> Tenant"}. �
<br /> 1. Lease. Cedar Falls Bickford �ottage, L.L.C., JV Landlard-Clinton, LL� and JV
<br /> Landlord-Iowa �ity, L L�, as Lar�d�ord, and Master T�r�ant entered intn and executed a Master
<br /> Lease and Addendum �the "�riginal Lease"}dated as Jul}� 1, 2U 14. The �riginal Lease has been
<br /> modified by a Joinder to Master Lease dated as of July 1, 2���4 by and among Master Tenant, as
<br /> Tenant, and Cedar�alls Bickfard �ottage, L.L.C., JV Landl�rd-Battle Creek, LL�, JV Landlord-
<br /> Clinton, LL�, JV Landlard�iowa �ity, LL�, JV Landlord-Lansing, LL�, JV Landlord-Midland,
<br /> LLC and JV Landlord-Saginaw, LLC as Landl�rd �the "Joinder"}. The �riginal Lease has b��n
<br /> further modified by a Second Joinder to Master Lease dated of even date herewith by and among
<br /> Master Tenant, as Tenant, and �edar Falis Bickford �ottage, L.L.C., JV Lar�dlord-Battle Creek,
<br /> LLC, JV Landlord-�linton, LL�, JV Landlard-Iowa �ity, LLC, JV Landlord-Lansing, LL�, J V
<br /> Landlord-Midland, LLC, JV Landlord-Saginaw, LL�, JV Landlord-Peoria ��, LL�, and �rand
<br /> Isiand Bickford �ottage, L.L.�. as Landl�rd (the "Second Joinder"}. The Joinder and Second
<br /> Joinder are hereinafter referred to �collectively as the Joinders. This Memorar�dum is �eing
<br /> er�tered into to memorialize the addition of the Facility Lar�dlard and the reai property described
<br /> on Exhibit A attached her�to �"Proper�y"}pursuant ta the Second Joinder. Th� �riginal Lease as
<br /> modified by the Joinders is hereinafter referred ta collecti�eiy as the "Lease". A Memorandum
<br /> of Master Lease Agr�ement may be filed in the appropriate jurisdiction with respect to the
<br /> � additianal praperty subject to the Lease pursuant t�the Se�ond J�inder.
<br /> 2. Term of Lease. The term shall begin within 1� days after the date herenf ar�d
<br /> unless terminated or extended in acGordance with the prnvisions of the Lease, shall expire on
<br /> September 3D, 2�19. The term of the Lease is f�e �5} years vvith an option t� extend the Lease
<br /> for six �6}periods of f�e �5} years ea�h.
<br /> 3. Inc�rporation �f Lease. The Lease is unrecarded and is herein expressly
<br /> inco orated b reference for a complet� statement �f the rights and �bligations of Facility
<br /> � y
<br /> Landiord and Master Tenant with respect to the Property. Any conf[ict between this
<br /> Memorandum of Master Lease Agreement and the Lease shall be ga�erned by the terms of the
<br /> Lease.
<br /> IN W�TNES S WHERE�F, th� par�ies heret� have executed this Memorandum of Master
<br /> Lease A reement as of the date acknowledged belovv t� be effective as af the dat� first abave
<br /> �
<br /> written.
<br /> 554494-a l
<br /> [�ignature Pages and A�knowledgments Follow]
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