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20011228; COMMERCIAL PROPERTIES AND COMMONS ADDITION TO RESTRICTIVE COVENANTS Concord Development, LLC, a Nebraska limited liability company ( "Developer "), is the owner of the following- described real property: Lot 2, Crane Valley 3rd Subdivision, in the City of Grand Island, Hall County, Nebraska ( "Developer's Property "). Pursuant to Paragraph 25 of the Restrictive Covenants recorded January 18, 2000, as Instrument No. 200000482, records of Hall County, Nebraska, Developer hereby adds the Developer's Property to Commons Commercial Properties, respectively, thereby establishing the following Restrictive Covenants upon Developer's Property. For purposes of these Restrictive Covenants, except as otherwise defined or the context requires otherwise, the following terms shall have the meaning set forth below: "Commercial Properties" shall mean Lots 1 and 2 of Block 1 and Lots 1, 2, 3 and 4 of Block 2, in Crane Valley in the City of Grand Island, Hall County, Nebraska, Lots 1 and 2, Crane Valley 2nd Subdivision, in the City of Grand Island, Hall County, Nebraska, Lot 2, Crane Valley 3rd Subdivision, in the City of Grand Island, Hall County, Nebraska and any Additional Properties that may be added by the Developer in accordance with Paragraph 25 below. "Corporation" means Crane Valley Owners' Association, a Nebraska nonprofit corporation which has been established for the purposes of enforcing these Restrictive Covenants established upon the Commercial Properties and administering, maintaining and, to the extent applicable, owning the Commons and the Easements. "Commons" shall mean Lot 5 of Block 1 and the median island on Diers Avenue, Crane Valley in the City of Grand Island, Hall County, Nebraska, together with any other real estate [as defined in NEB. REV. STAT. § 76 -201 (Reissue 1996)] or facility owned by the Corporation or designated by these Restrictive Covenants to be maintained by the Corporation primarily or exclusively for the benefit of the Commercial Properties. Commons also shall include any "Additional Commons" which may be added by the Developer in accordance with Paragraph 25 below. "Easements" shall mean Sign Easements described in Paragraph 4 hereof. Based on the mutual benefits arising hereunder, the undersigned owner of the Developer's Property hereby establishes the following Restrictive Covenants: