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— <br />mmummimicoMNINEINEmilIN <br />— <br />After recorded return to: <br />Cheryl Vajgrt <br />Chief Industries, Inc <br />P.O. Box 2078 <br />Grand Island, NE 68802 <br />Memorandum of Option <br />This Memorandum of Real Estate Option ("Memorandum") is made this Zlay of <br />November, 2021, by and between Frankfort Square Management, LLC, a Nebraska <br />limited liability company ("Optionee"), and Prataria Ventures, LLC, a Nebraska limited <br />liability company ("Optionor"). <br />1. Legal Description. Optionor has granted Optionee an option to purchase <br />the real property described in the Real Estate Option dated as of November 0'12021. <br />The real property subject to the option to purchase is legally described as <br />Lot 3, Prairie Commons Second Subdivision, Grand Island, Hall County, <br />Nebraska (the "Property") . <br />2. Term. This Option shall extend for the period of approximately Twelve (12) <br />months beginning October 31, 2021, (the "Option Term") and terminating on November <br />1, 2022. <br />3. Remaining Terms. The rest and remaining terms of the Real Estate Option <br />are hereby incorporated into this Memorandum by this reference as if they were set forth <br />in full. <br />4845-3652-8126.5 <br />(Signature and Notary Page Follows) <br />