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N <br />0 'a1 <br />- C <br />os <br />w S 571 <br />0) Z <br />✓ Return to: <br />Thomas A. Emerton <br />P.O. Box 40 <br />Cairo, NE 68824 <br />nn <br />A S <br />(j ) <br />LICENSE AGREEMENT <br />This License Agreement is made by and between Pathway Bank, a Nebraska Banking Corporation, <br />herein referred to as "Licensor" and Ronald E Obermeier and Dorothy J. Obermeier, husband and wife, <br />herein referred to as "Licensee ". <br />b. The Licensee owns the following described real estate: <br />Lot 12, Centura Hills Subdivision, an Addition to the Village of Cairo, Hall County, <br />Nebraska. <br />1. Statement of Purpose: The purpose of this License Agreement is to set forth the terms and <br />conditions, under which, in consideration of $1.00 and other valuable consideration including <br />payment of all recording fees, the Licensee may construct, maintain, repair and utilize the <br />following described improvement which will infringe upon the Licensor: <br />Installation, maintenance and repair of a white PVC privacy fence (the Fence) <br />constructed upon a three foot wide strip of land located on Licensor's property and <br />immediately adjacent to the entire East property line of Licensee's property, a distance <br />of approximately 115 feet. <br />2. Description of Real Estate: <br />a. The Licensor owns the following described real estate: <br />Lot 14, Centura Hills Subdivision, an Addition to the Village of Cairo, Hall County, <br />Nebraska. <br />3. Licensee's Duties and Risks: It is understood and agreed that Licensee may construct, maintain, <br />repair and utilize the above described improvement at the Licensee's sole risk and expense. The <br />Licensee hereby waives any claim for damages against the Licensor, its agents or independent <br />contractors for any damage or injury that may result to said improvement. Licensee shall <br />maintain the fence in good condition and maintain the three foot wide strip of land on which <br />the fence is installed by keeping the area mowed and free of weeds. Licensee will not allow the <br />posting of advertising, signs or other notices on the above described fence. <br />