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201901172 <br />MEMORANDUM OF GROUND LEASE <br />THIS MEMORANDUM OF GROUND LEASE (hereinafter referred to as this <br />"Memorandum") is made and entered into this 28th day of February, 2019, by and between GI <br />Hospital Real Estate, LLC, a Nebraska limited liability company, and its successors and assigns <br />("Lessor"), and GI Hospital Building, LLC, a Nebraska limited liability company, and its <br />successors and assigns ("Lessee"). <br />WITNESSETH: <br />WHEREAS, Lessor and Lessee have entered into that certain Ground Lease (hereinafter <br />referred to as the "Lease"), effective April 1, 2018, wherein Lessee has been formed to <br />develop a hospital (the "Hospital") on that certain tract or parcel of land situated in Hall <br />County, Nebraska, as more particularly described on Exhibit A attached hereto and by <br />this reference made a part hereof (hereinafter referred to as the "Premises") and to <br />subsequently enter into an operating lease of and for such hospital with Grand Island <br />Regional Hospital, Inc., a Nebraska corporation (the "Hospital Lease"), upon and in <br />accordance with the terms, conditions and provisions set forth therein, which Lease is <br />expressly incorporated herein by reference and made a part hereof as though fully set <br />forth herein; and <br />WHEREAS, Lessor and Lessee desire to enter into this Memorandum, which is to <br />be recorded in the records of the Recorder's Office of Hall County, Nebraska for <br />purposes of providing notice to any and all third parties as to the existence of the Lease <br />and Lessee's interest in the Premises. <br />NOW, THEREFORE, for and in consideration of the premises, the sum of Ten <br />and No/100 Dollars ($10.00) and other good and valuable consideration, the receipt and <br />sufficiency whereof are hereby acknowledged by Lessor and Lessee, Lessor and Lessee <br />hereby make this Memorandum and covenant and agree as follows: <br />1. <br />All members of the general public are hereby placed on notice of inquiry as to the <br />specific provisions, terms, covenants and conditions of the Lease, all of which are <br />incorporated herein by reference with the same force and effect as if herein set forth in <br />full. This Memorandum shall be recorded in the Recorder's Office of Hall County, <br />Nebraska, in lieu of recording the entire Lease, which Lease contains, without limitation, <br />the following terms, conditions and provisions: <br />