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right 90 °13'50" and running westerly, a distance of Three Hundred Sixteen and Three Tenths (316.3) feet to the Actual place of beginning; thence continuing westerly along the last described course, a distance of Three Hundred Thirteen and Seventy Four Hundredths (313.74) feet; thence deflecting left 89 °51'58" and running southerly, a distance of One Hundred Ninety -Eight and One Tenth (198.1) feet; thence deflecting left 90 °20'18" and running easterly, a distance of Two Hundred Sixty Four (264.0) feet; thence deflecting right 90 °23'42" and running southerly, a distance of Sixty -Six and Forty -Eight Hundredths (66.48) feet to the northerly right -of -way line of Roberts Street; thence easterly along said right -of -way line, a distance of Fifty (50.0) feet; thence deflecting left 90 °00'13" and running northerly, a distance of Two Hundred Sixty -Four (264.0) feet to the Actual place of beginning and containing 1.502 acres more or less 3. LICENSEE'S DUTIES AND RISKS. It is understood and agreed that the Licensee may construct, maintain, repair and utilize the above described improvement at the Licensee's sole risk. The Licensee hereby waives any claim for damages against the Licensor, its officers, employees, agents and independent contractors for any damage or injury that may result to said improvement. If the Licensor, in its sole discretion, determines that any part or all of the improvement must be removed or is damaged by the Licensor, its employees, agents or independent contractors working for the Licensor during the course of their employment or duties with the Licensor, the Licensee agrees to assume and pay all costs relating to the replacement or repair of the improvement. 4. RESTORATION OF PROPERTY. If the construction or maintenance of the improvement identified in Paragraph 1 above requires the excavation of earth, removal of hard surfacing, grass, vegetation, landscaping, or any other disruption of the surface of the public right -of -way or neighboring property, the Licensee shall restore the surface of the area to the same condition as it existed immediately prior to the Licensee's work in the area. 5. EFFECTIVE DATE. This License Agreement shall take effect on the date it is executed by the Mayor of the City of Grand Island as dated below. It shall continue for an indefinite term or until such time as it is terminated as provided hereafter. 6. TERMINATION. This License Agreement shall terminate upon one or more of the following occurrences: (a) The service of sixty (60) days written notice of intention to terminate by any party upon the other party. (b) The Licensee's application for a permit to alter said improvement or any part thereof, unless said permit is for work due to an occurrence as described in Paragraph 3 above and said work has the prior written approval of the Licensor. (c) The Licensee's construction or installation of any structure or improvement of any nature upon the easement held by the Licensor except that described in Paragraph 1 above. -2-