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`' 2 NOTICE OF REDEVELOPMENT CONTRACT AND RESTRICTIVE COVENANTS To Whom It May Concern: REFUNDS:CASH r 8 ?:\ {{ 55 '�1 f' L' The following described real estate is subject to a Redevelopment Contract entered into pursuant to Section 12 of Article VIII of the Nebraska Constitution and Sections 18-2101 to 18-2157, Revised Statutes of Nebraska, the Redevelopment Contract, dated December 12, 2023, by and between the Community Redevelopment Authority of the City of Grand Island, Nebraska (the "CRA"), and Prataria Ventures, LLC, a Nebraska limited liability company ("Prataria"), as partially assigned by Prataria to STBX GI, LLC, a Nebraska limited liability company ("Redeveloper"), pursuant to that certain Partial Assignment and Assumption of Redevelopment Contract, dated July 11, 2024, and amended by that certain Amendment to Redevelopment Contract Amendment No. 1, dated February 5, 2025 (as assigned and amended, the "Redevelopment Contract"). The real estate subject to the Redevelopment Contract is legally described as follows: Lot 9, Prairie Commons Sixth Subdivision in the City of Grand Island, Hall County, Nebraska ("Redevelopment Property"). Pursuant to the Redevelopment Contract, and in conjunction with the Redeveloper's improvements to the Redevelopment Property, the CRA executed a Tax Increment Development Revenue Note ("Redevelopment Note") dated February 5, 2025, with a maturity date of December 31, 2041. To ensure the full payment of amounts due pursuant to the Redevelopment Note, Redeveloper, for itself and its successors in interest, assignees, tenants, and any transferee of the Redevelopment Property shall (1) not protest a real estate property valuation on the Redevelopment Property of $1,500,000.00 or less after substantial completion or occupancy of all property within the Return to: Benjamin J. Pick Pansing Hogan Ernst & Buser, LLP 10250 Regency Circle, Suite 300 Omaha, Nebraska 68114