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My commission expires: <br />ACCEPTANCE OF ASSIGNMENT OF LICENSE /BILL OF SALE <br />NORTH ROAD /GROUSE BOULEVARD HOA OF SUMMERFIELD ESTATES, a <br />Nebraska nonprofit corporation, ( "the HOA ") does hereby accept the foregoing Assignment of <br />License /Bill of Sale and agrees to assume all rights, obligations, duties and risks of LITTLE B'S <br />CORP., a Nebraska corporation, under the License Agreement (the "License Agreement ") with <br />the CITY OF GRAND ISLAND, NEBRASKA, a municipal corporation, ( "the City ") attached <br />hereto as Exhibit "A" and made a part hereof by reference, a copy of which License Agreement <br />was recorded as Instrument No. 201109523 with the Register of Deeds of Hall County, <br />Nebraska. The HOA agrees to be substituted for LITTLE B'S CORP., a Nebraska corporation, <br />as Licensee under said License Agreement and to be subject as Licensee to all terms and <br />conditions of the Licensee Agreement. The HOA further agrees that it shall, upon request of the <br />City or otherwise, fix and collect sufficient assessments consistent with the DECLARATION OF <br />RESTRICTIVE COVENANTS, RESTRICTIONS AND CONDITIONS FOR HOMEOWNERS' <br />ASSOCIATION OF SUMMERFIELD ESTATES (North Road and Grouse Boulevard) recorded <br />as Instrument No. 201607705 with the Register of Deeds of Hall County, Nebraska ( "the <br />Covenants ") to satisfy all rights, obligations, duties and risks of the Licensee under the License <br />Agreement. The properties subject to the Covenants are described on Exhibit `B" attached <br />hereto and made a part hereof by reference. The HOA agrees and acknowledges that the HOA <br />may be subject to judicial dissolution under the provisions of NEB. REV. STAT. § §21- 19,141 <br />through 21- 19,145 if the HOA fails to satisfy all rights, obligations, duties and risks of the <br />Licensee under the License Agreement. The City shall further have all rights under NEB. REV. <br />STAT. § §18 -3101 through 18 -3105. <br />STATE OF NEBRASKA ) <br />)ss: <br />COUNTY OF HALL ) <br />The foregoing instrument was acknowledged before me on the [7 day of <br />, 2017 by Bradley D. Bauer, President of North Road/Grouse Boulevard HOA <br />of Summerfiel Estates, a Nebraska nonprofit corporation, on behalf of the nonprofit cor- <br />poration. <br />5 S c, a o0o <br />3 <br />201701429 <br />NORTH ROAD /GROUSE BOULEVARD <br />HOA OF SUMMERFIELD ESTATES, a <br />Nebraska non • rofit co .oration <br />By ` .�� <br />Brad ey D. B ; er, President <br />Print Name 4+d rut.) j,,, _ire i <br />Notary Public <br />