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WARRANTY DEED 200512703 Pedcor Investments, A Limited Liability Company, a Wyoming limited liability company, Grantor, in consideration of Ten Dollars ($10.00), and other good and valuable consideration, the receipt of which is hereby acknowledged, CONVEYS and WARRANTS to 4.0 Investments, LLC, a Nebraska limited liability company, Grantee, the following described real estate (as defined in Neb. Rev. Stat. Sec. 76-201) located in Hall County, Nebraska: Lots 1 and 2 in Pedcor Subdivision, an Addition to the City of Grand Island, Hall County, Nebraska (the "Real Estate"). Grantor covenants with Grantee that Grantor: (1) is lawfully seized of the Real Estate and that it is free from encumbrances subject to easements, reservations, covenants and restrictions of record and as set forth below; (2) has legal power and lawful authority to convey the same; and (3) warrants and will defend the title to the Real Estate against the lawful claims of all persons. This conveyance is made subject to those matters set forth in Exhibit A which is attached hereto and incorporated herein by reference. This conveyance is further made subject to the following restrictive covenants, which shall run with the land and be binding upon Grantee, its tenants, subtenants, occupants, and its and their respective successors and assigns: 1. Prior to constructing any buildings, signage, or other improvements on the Real Estate, Grantee shall deliver to Grantor a preliminary site plan showing all intended improvements to the Real Estate, and a grading plan, utility plan, drainage plan, signage plan, landscape plan and exterior elevations indicating colors and materials of any improvements for the Real Estate (collectively, the "Plans"). The Plans shall be subject to the prior written approval of Grantor. No improvements shall be made to the Real Estate until Grantor approves the Plans. Grantee shall construct any and all improvements in accordance with the Plans as approved by Grantor. c-( ~ 2. Any construction on the Real Estate shall be conducted in a manner which ~ will limit, to the maximum extent reasonably practicable, any interference with the ~ operation of Riverbend Apartments. 3. Self contained parking sufficient to comply with applicable rules and regulations of applicable government authorities (without variance) shall be provided by the owner of the Real Estate with respect to the Real Estate at all times.