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<br />WARRANTY DEED
<br />THIS INDENTURE, made this A
<br />day of August, 2000, between JOHN R. ^'--
<br />MENARD, a single person, hereinafter referred to as Grantor, and RTS BUSINESS
<br />HOLDINGS, INC., a Illinois corporation, hereinafter referred to as Grantee. c
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<br />The Grantor, for and in consideration of the sum of one dollar ($1.00) and other
<br />valuable consideration to it paid by Grantee, the receipt whereof is hereby acknowledged,
<br />has given, granted, bargained, sold, remised, released, aliened, conveyed and confirmed,
<br />and by these presents does give, grant, bargain, sell, remise, release, alien, convey and
<br />confirm unto Grantee, the following described real estate (the "Property "), situated in the
<br />County of Hall, State of Nebraska, more particularly described as follows:
<br />Lot One (1), Menard Fifth Subdivision in the City of Grand Island, Hall
<br />County, Nebraska.
<br />Together with all and singular the hereditaments and appurtenances thereunto
<br />belonging or in any way appertaining.
<br />To have and to hold the Property as above described with the hereditaments and
<br />appurtenances, unto Grantee and to its successors and assigns forever.
<br />This conveyance is make subject to building and zoning laws, county and
<br />municipal ordinances, state and federal regulations, easements, covenants and restrictions
<br />of record, including but not limited to the development agreement with the City of Grand
<br />Island, and the following covenant which Grantor shall reserve its use and the use of its
<br />successors or assigns, as an appurtenance to the Property.
<br />Approval and Site Development: In order to insure that the area consisting of
<br />Grantor's adjacent property and the Property is developed and maintained as a
<br />cohesive development, that the development of the Property does not have a
<br />material adverse impact upon the visibility of the Grantor's property and that
<br />the parking, access and circulation areas can accommodate an orderly flow of
<br />traffic to and from the respective properties, the Grantor, its successors and
<br />assigns, reserve the right to approve or disapprove, in writing, the plans and
<br />specifications, for Grantee's development of the Property. No building,
<br />structure, landscaping or other improvement shall be erected, materially
<br />altered or placed upon the Property unless the plans, specifications and site
<br />development plans and proposed use are approved by Grantor in Grantor's
<br />sole discretion. Grantor shall approve or disapprove any plans or
<br />specifications within thirty (30) days after such plans or specifications have
<br />been received by Grantor and failure to approve or disapprove within said
<br />thirty (30) days shall constitute approval. The Property shall not be sub-
<br />divided or split into multiple lots, and Grantee must improve, develop and
<br />maintain the entire parcel with either parking facilities or landscaping in order
<br />to avoid the appearance of any vacant or undeveloped areas on the Property.
<br />These restrictions shall run with the land for a period of twenty (20) years.
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