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Prepared by and upon recording Please return to: Ginsberg Jacobs LLC 300 South Wacker Drive Suite 2750 Chicago, Illinois 60606 Attn: Steven F. Ginsberg, Esq. (Site Name: NE07 Grand Island Broad & State) Parcel ID Nos.: 400082039 MEMORANDUM OF LAND LEASE AGREEMENT 11 This Agreement, made this �� day of b'' , 2016 between Steve Glause and Beckie Glause, husband and wife, with an address located at 703 L. Road, Chapman, Nebraska, 68827, hereinafter designated LESSOR and Verizon Wireless (VAW) LLC d/b /a Verizon Wireless, with its principal office located at One Verizon Way, Mail Stop 4AW100, Basking Ridge, New Jersey 07920 (telephone number 866 - 862 - 4404), hereinafter designated LESSEE. The LESSOR and LESSEE are at times collectively referred to hereinafter as the "Parties" or individually as the "Party". 1. 201602236 hyg ,and LESSEE entered into a Land Lease Agreement (the "Agreement ") on O , 2016 for an initial term of five (5) years, commencing on the Commencement Date. The Land Lease Agreement shall automatically be extended for four (4) additional five (5) year terms unless the LESSEE terminates it at the end of the then current term by giving the LESSOR written notice of the intent to terminate at least six (6) months prior to the end of the then current term. 2. LESSOR hereby leases to LESSEE a portion of that certain parcel of property (the entirety of LESSOR's property is referred to hereinafter as the "Property "), located at N. Broadwell Ave. and W. Roberts Street, Grand Island, Hall County, Nebraska and being described as a 50' by 50' parcel containing 2,500 square feet of land space, located at the Property, as shown on the Tax Map of the County of Hall as recorded in the Office of the Register of Deeds for Hall County, together with the non - exclusive right for ingress and egress, i ncluding trucks over or along a thirty foot (30') right -of -way extending from the nearest public right -of -way, West Roberts Street, seven (7) days a week twenty -four (24) hours a day, for the installation and maintenance of utility wires, poles, cables, conduits, fiber optic cables and pipes over, under or along the Property, to the demised premises. The demised premises, right -of -way and further rights of way are hereinafter collectively referred to as the "Premises ". The Premises are described in Exhibit A attached hereto and made a part hereof, and as shown on the plat of survey attached hereto and incorporated herein as Exhibit B.