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<br />200512482 <br />three (3) years and subject to certain other conditions set forth in the Lease. The terms, <br />covenants, conditions, limitations and restrictions governing Tenant's occupancy of the Leased <br />Premises are set forth in the Lease which by this reference is incorporated herein with the same <br />force and effect as though set forth at length herein. <br /> <br />3. Pursuant to that certain Assignment and Assumption of Leases, dated October <br />_, 2005 (the "Assignment") by and between Waitt Media, Inc. and Tenant, the Lease was <br />assigned to Tenant. <br /> <br />4. Landlord and Tenant have executed and delivered this Memorandum for the <br />purpose of memorializing, of record, their mutual understandings regarding the Lease. All of the <br />terms, covenants and conditions regarding the foregoing are more particularly set forth in the <br />Lease. In the event of conflict between the terms and conditions set forth in this Memorandum <br />and the terms and conditions set forth in the Lease, the terms and conditions of the Lease shall <br />govern and control. <br /> <br />5. The purpose of this Memorandum is to give record notice of the Lease and ofthe <br />rights created thereby, all of which are hereby confirmed and incorporated herein by reference. <br /> <br />6. This Memorandum shall be effective as ofthe date ofthe Assignment. <br /> <br />IN WITNESS WHEREOF, Landlord and Tenant have caused this Memorandum to be <br />executed by their respective duly authorized representatives as ofthe date first set forth above. <br /> <br />LANDLORD: <br /> <br />Bluestem Properties, LLC, a <br />Nebraska limited liability company <br /> <br />~._J24~;J .4- <br />Name: ~WAJ "6uC'L78-~ <br />Title: ~J., ~.,-< ~ <br /> <br />State of Nebraska ~()~ <br />County of Hall ss: ~ I '1, <br /> <br />The foregoing instrument was acknowledged before me this~date) by <br />-rt1t1YYlIJ-.1 A-. b\~/l:7".J (name of officer or agent, title of officer or agent) of Blue stem <br />Properties, LLC (name of corporation acknowledging), a Nebraska limited liability company, <br />on behalf of the company. <br /> <br /> <br />GENERA1. NOTARY. State of Nebraska <br />TODD V ELSBERND <br />My Comm. Exp, March 10, 2007 <br /> <br /> <br />(Sign e of Person Taking Acknowledgment) <br />(Title or Rank) <br />(Serial Number, if any) <br /> <br />L-27-NE Studio - Memorandum of Lease <br />