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202500462 <br />1. Assumption. The Owner hereby assumes, and agrees to take the Project subject <br />to, the Agreement and to complete, perform and comply with all duties and obligations of the <br />Prior Owner under the Agreement. <br />2. Notices. The address of the "Owner" set forth on the Summary Page of the <br />Agreement is amended to read as follows: <br />Southlawn V, LLC <br />8551 Lexington Avenue <br />Lincoln, NE 68505 <br />cvandewege@frontier.bank <br />brent@exceldg.com <br />3. Continuation of Agreement. All provisions and conditions of the Agreement, <br />except as specifically amended by this Assumption, shall remain in full force and effect in <br />accordance with their respective terms. <br />4. Governing Law. This Assumption shall be governed by the laws of the State of <br />Nebraska. <br />5. Counterparts. This Assumption may be signed in any number of counterparts <br />with the same effect as if the signatures thereto and hereto were upon the same instrument. <br />6. Recording. Upon execution and delivery by the parties hereto, the Owner shall <br />cause this Assumption and all amendments and supplements hereto to be duly recorded in the <br />office of public records in the County where the Project is located as an encumbrance upon the <br />Project and provide a copy to the Authority. <br />2 <br />4842-8574-5182.1 <br />