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202503292
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Last modified
6/18/2025 1:42:18 PM
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6/18/2025 1:39:35 PM
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202503292
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202503292 <br />Redevelopment Property; (2) not convey the Redevelopment Property or structures thereon to any <br />entity which would be exempt from the payment of real estate taxes or cause the nonpayment of such <br />real estate taxes; (3) not apply to the Hall County Assessor for the structures, or any portion thereof, <br />to be taxed separately from the underlying land of the Redevelopment Property; (4) maintain <br />insurance for ninety percent (90%) of the full value of the structures on the Redevelopment Property; <br />(5) apply such insurance proceeds to the reconstruction of such structures on the Redevelopment <br />Property in the event of an insured casualty; and (6) cause all real estate taxes and assessments levied <br />on the Redevelopment Property to be paid prior to the time such becomes delinquent. The foregoing <br />restrictive covenants shall run with the Redevelopment Property and shall expire upon the earlier of <br />the maturity date of the Redevelopment Note or the date on which all amounts owed pursuant to the <br />Redevelopment Note have been paid in full to the holder thereof. <br />REDEVELOPER: <br />STBX GI, LLC, a Nebraska limited liability company <br />By: <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF DOUGLAS ) <br />Lawrence R. James, II, M . ger <br />The foregoing instrument was acknowledged before me this 1 v day of June, 2025, by <br />Lawrence R. James, II, Manager of STBX GI, LLC, a Nebraska limited liability company, on behalf <br />of the company. <br />jeiRENENt NOTARY • State of Nebraska <br />TINA HRUSKA <br />it Wm bp. June 2, 2028 <br />Return to: <br />Benjamin J. Pick <br />Pansing Hogan Ernst & Buser, LLP <br />10250 Regency Circle, Suite 300 <br />Omaha, Nebraska 68114 <br />Nj <br />otary Public <br />
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