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<br />::00 <br />m <br />~ <br />c: <br />:l: <br />nO <br />)>~ <br />(I) <br />:J: <br /> <br />n .~ <br />':t: ~ <br />m '^ <:=> o(j') <br />n :I: <:::::> <br /> ", ~ o -i <br />"" c> <br /> ~$ '=-- z-l <br /> c= -1fT! <br /> Z <br />}J. -<0 <br /> ........ 0'" <br /> ..,., w "z <br /> Cl r ::t:rr'1 <br /> fTl -0 l> co <br /> fTl ::3 r :0 <br /> Cl r 1> <br /> U> c.n <br /> N ;:00:: <br /> l> <br /> -L: .................. <br /> ex> en <br /> c.n <br /> <br />I\.) <br />C$l <br />\Sl <br />0) <br />S <br />Ul <br />I\.) <br />-...J <br />OJ <br /> <br />n <br />"epared Bv: :J: <br />lehr, Harrison, Harvey, Branzburg & Ellers L~ <br />iO South Broad Street - 4th Floor ?\ <br />liladelphia, P A 19102 <br />'"ttcntion: Matthew H. Werthman, Esq. <br /> <br />Don Recordation Return to: <br />rst American Title Insurance Company <br />ltional Commercial Services - Chicago <br />I North LaSalle Street - Suite 310 <br />_olicago, IL 60602 <br />Attn: James W. McIntosh <br /> <br />t W MEMORANDUM OF LEASE <br /> <br />~. ~ THIS MEMORANDUM OF LEASE ("Memorandum") made as ofthe~ day of <br />~ mew::. ,2006, by and between SHaPKa STORES OPERATING CO., LLC, a <br />C .b Delawa~ hmIted lIabIlIty company ("Tenant"), and SPIRIT SPE PORTFOLIO 2006-1, LLC, a <br />./:s Delaware limited liability company, and SPIRIT SPE PORTFOLIO 2006-2, LLC, a Delaware <br />~llimited liability company (collectively, the "Landlord"). <br /> <br />+' <br />r WITNESSETH: <br /> <br />1. Premises. Landlord and Tenant have entered into a lease ("Lease") dated <br />~ J.L, 2006, for that certain real property lying, being and situate in the County of <br />Hall, . of Grand Island, State of Nebraska, more partIcularly descnbed on EXHIBIT A <br />attached hereto and made a part hereof, together with the buildings and improvements located <br />thereon (the "Premises"). <br /> <br />2. Term and Renewal Options. The Lease has an initial term of twenty (20) years, <br />subject to extension (at Tenant's option) as provided therein for two (2) successive additional <br />periods often (10) years each. <br /> <br />3. Incorporation of Lease. This Memorandum is for informational purposes only <br />and nothing contained herein shall be deemed to in any way modify or otherwise affect any of <br />the terms and conditions of the Lease, the terms of which are incorporated herein by reference. <br />This instrument is merely a memorandum of the Lease and is subject to all of the terms, <br />provisions and conditions of the Lease. In the event of any inconsistency between the terms of <br />the Lease and this instrument, the terms of the Lease shall prevail. <br /> <br />4. Hindin!! Effect. The rights and obligations set forth herein shall be binding upon <br />and inure to the benefit of the parties hereto and their respective heirs, personal representatives, <br />successors and assigns. <br /> <br />[Signatures Follow on Next Page] <br /> <br />(ShopKo - Grand Island, NE (38)) <br />PHIL! 680864-1 <br /> <br />~i <br />~~ <br />cnGr <br /> <br />C) _ <br />c..n~ <br />N2 <br />,:-oJ 3 <br />OJ~ <br />- <br /> <br />~ <br /> <br />.2 r {J-iJ <br />