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r C Record and Return To: Lakes (e re, LLC 2650 W rrenville Road, Suite 700 Dow ers rove, Illinois 60515 Att ntion: General Counsel (Store No. 906GIN) MEMORANDUM OF LEASE WITNESSETH: 1 C) THIS MEMORANDUM OF LEASE ( "Memorandum ") is made this 12th day of October, 2016, by and between KM GRAND ISLAND JOINT VENTURE, LLC, a Missouri limited liability company ( "Landlord ") and LAKES VENTURE, LLC, a Delaware limited liability company, having an address at 2650 Warrenville Road, Suite 700, Downers Grove, Illinois 60515 Attention: Property Administrator (Store No. 906G1N) ( "Tenant. ") 1. Premises. Landlord has leased to Tenant and Tenant has leased from Landlord, pursuant to that certain Shopping Center Lease dated October 12, 2016 ( "Lease ") approximately 29,620 square feet of gross leasable area, with not less than 140 lineal feet of frontage (the "Premises "), as more particularly shown on the site plan attached hereto as Exhibit "A" (the "Site Plan"). The Premises is located at generally the southwest corner of North Diers Avenue and West 13th Street, in Grand Island, Hall County, Nebraska and is located on and a part of the parcel and building owned by the Landlord that is identified on the Site Plan as the "Landlord's Parcel." The Landlord's Parcel is legally described on Exhibit `B" attached hereto. The Landlord's Parcel is part of the Park Island Square Shopping Center (the "Shopping Center "), located in Grand Island, Hall County, Nebraska. The Shopping Center is more particularly shown on the Shopping Center Site Plan attached hereto as "Exhibit A-1". The Landlord's Parcel is the only portion of the Shopping Center owned by Landlord. 2. Term. The "Main Tenn" of the Lease will commence on the earlier to occur of (i) that date which is 210 days after the Delivery Date (as defined in the Lease), or (ii) the date Tenant is open for business to the public on the Premises (the "Commencement Date ") and will end on the last day of the month in which the 10th anniversary of the Commencement Date occurs. 3. Option Periods. Tenant, at Tenant's option, may extend the Main Tenn of the Lease for 4 consecutive options of 5 years each.