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ACCEPTANCE OF ASSIGNMENT OF LICENSE/BILL OF SALE SUMMERFIELD ESTATES SUBDIVISION HOMEOWNERS' ASSOCIATION, a Nebraska nonprofit corporation, ( "the HOA ") does hereby accept the foregoing Assignment of License /Bill of Sale and agrees to assume all rights, obligations, duties and risks of LITTLE B'S CORP., a Nebraska corporation, under said License Agreement attached hereto as Exhibit "A" and made a part hereof by reference, a copy of which License Agreement was recorded as Instrument No. 200701718 with the Register of Deeds of Hall County, Nebraska. The HOA agrees to be substituted for LITTLE B'S CORP., a Nebraska corporation, as Licensee under said License Agreement and to be subject as Licensee to all terms and conditions of the Licensee Agreement. The HOA further agrees that it shall, upon request of the City or otherwise, fix and collect sufficient assessments consistent with the AMENDMENT TO DECLARATION OF RESTRICTIVE COVENANTS, RESTRICTIONS AND CONDITIONS FOR SUMMERFIELD ESTATES FIRST SUBDIVISION HOMEOWNERS' ASSOCIATION AND SUMMERFIELD ESTATES FIFTH AND SIXTH SUBDIVISIONS HOMEOWNERS' ASSOCIATION recorded as Instrument No. 200700282 with the Register of Deeds of Hall County, Nebraska (amending declarations recorded as Instrument Nos. 200003417 and 200607966 with the Register of Deeds of Hall County, Nebraska) ( "the Covenants ") to satisfy all rights, obligations, duties and risks of the Licensee under the License Agreement. The properties subject to the Covenants are described on Exhibit `B" attached hereto and made a part hereof by reference. The HOA agrees and acknowledges that the HOA may be subject to judicial dissolution under the provisions of NEB. REV. STAT. § §21- 19,141 through 21- 19,145 if the HOA fails to satisfy all rights, obligations, duties and risks of the Licensee under the License Agreement. The City shall further have all rights under NEB. REV. STAT. §§18-3101 through 18 -3105. My commission expires: to —( "c2(:),a0 SUMMERFIELD ESTATES SUBDIVISION HOMEOWNERS' ASSOCIATION, a Nebraska nonprofit corporat pn By 3 Ken Thompson, President Print Name Notary Public 201701430 STATE OF NEBRASKA ) )ss: COUNTY OF HALL ) The foregoing instrument was acknowledged before me on the a- - day of , 2017 by Ken Thompson, President of Summerfield Estates Subdivision Homeowner's' Association, a Nebraska nonprofit corporation, on behalf of the nonprofit cor- poration. GENERAL NOTARY - State of Nebraska KATHLEEN J MUHL.BACH My Comm. Exp, December 1, 2020