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N- r N 0 er:di E g m m 1�aa ASSIGNMENT OF AMENDED AND RESTATED DECLARATION b OF COVENANTS, CONDITIONS AND RESTRICTIONS OF THE VILLAS AT SOLLEY PARK THIS ASSIGNMENT OF AMENDED AND RESTATED DECLARATION (this "Assignment") is entered into as of this / o day of June, 2022, by JEH HOLDINGS, LLC, a Nebraska limited liability company (the "Declarant"). Declarant does hereby transfer and assign to THE VILLAS AT STOLLEY PARK OWNERS ASSOCIATION, INC., a Nebraska non-profit corporation (the "Association"), all of Declarant's rights, title and interest in and to the Amended and Restated Declaration of Covenants, Conditions and Restrictions of The Villas at Solley Park dated December 20, 2019, as amended by that certain First Amendment to Amended and Restated Declaration of Covenants, Conditions and Restrictions of The Villas at Solley Park dated April 8, 2022 (the "Declaration"), covering the following property: Lots 1-20, Outlots A, B, and C, in the Homady Second Subdivision, City of Grand Island, Hall County, Nebraska and recorded with the Hall County Register of Deeds as Instrument Number 201908192 and Instrument 202203308. As a result of this Assignment, Declarant hereby notifies Association that pursuant to the terms of the Declaration the Declarant Control Period (as defined in the Declaration) is terminated. Declarant shall retain its rights under the Declaration as an Owner (as defined in the Declaration) for so long as Declarant owns a Residential Lot (as defined in the Declaration) covered by the Declaration. Declarant represents and warrants to Association that (a) Declarant is the sole holder of all of the rights, title, interest, powers, and privileges granted to or reserved by the Declarant under the Declaration, (b) Declarant has not previously assigned, transferred, conveyed, pledged, encumbered, or hypothecated any of its rights, title, interest, powers, and privileges as Declarant under the Declaration and (c) the Declaration is in full force and effect. By accepting this Assignment, Association assumes all of the Declarant's liability under the Declaration and agrees to perform all of the obligations and covenants imposed on the Declarant under the Declaration. This Assignment shall run with the land and shall inure to the benefit of and be binding upon Declarant, Association and their respective successors and assigns. This Assignment shall be govemed by the substantive laws of the State of Nebraska, without regard to principles of conflicts of laws. 4893-8076-7012.1 m 37 Vl rrl