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88- 104343 RECORDING REQUESTED BY, AND WHEN RECORDED RETURN TO: Northern Automotive Corporation Attn: Legal Dept. P.O. Box 6030 Phoenix, AZ 85005 MEMORANDUM OF LEASE THIS MEMORANDUM OF LEASE, made and entered into this ~ day of ,Tu1y- ' 1988, by and between RJN MANAGEMENT CORPORATION, a M1nnesota corporat1on, here1nafter referred to as "Landlord," and NORTHERN- AUTOMOTIVE CORPORATION an Arizona corporation, hereinafter referred to as "Tenant". WITNESSETH: IN CONSIDERATION of the rents reserved in that certain Lease Agreement between the parties dated ~7 :rv't ' 1988, and the terms, covenants, conditions and agreements n the part of Tenant therein, Landlord leases to Tenant certain real property located in the City of Grand Island, County of Hall, State of Nebraska, upon which Tenant has constructed a building to be used fer Tenant's automotive parts store, which property is designated in said Lease Agreement and located on the real property described in Exhibi t A attached hereto and made a part hereof; together with all and singular the building or buildings, privileges and advantages, with any and all appurtenances belonging or in any way appertaining to the real property hereby leased, including the right in Tenant, its successors, assigns, subtenants, employees, customers, licensees and invitees to use the parking areas, sidewalks, and access areas to and from public streets and highways. TO HAVE AND TO HOLD the premises for the initial term of twenty (20) years, commencing on , 1988 and expiring on , 2008, with options to extend the term for two (2) additional periods of six (6) years each, upon the terms, covenants and conditions specified in the Lease Agreement. IN WITNESS WHEREOF, the parties executed this instrument the date first above written. "LANDLORD" RJN MANAGEMENT CORPORATION, a Minnesota corporation ~i. ~1t0~ By Its "TENANT" NORTHERN an Ari By :~:a~~~- I s s 'stant' ecretary memoj13Bj -1- 7/26/88