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<br />200706805 <br /> <br />the Real Estate and utilizing the existing buildings on the <br /> <br />Real Estate as hereinafter set forth. <br /> <br />NOW, THEREFORE, Thelen and Company, in consideration of <br /> <br />the mutual promises and covenants herein contained, hereby <br /> <br />mutually promise, covenant and agree as follows: <br /> <br />1. Thelen hereby contributes and binds the Real Estate <br /> <br />under the terms of this Agreement as hereinafter set forth <br /> <br />and that this Agreement shall be a burden on said Real Estate <br /> <br />and shall run with the land under the terms as hereinafter <br /> <br />set forth. <br /> <br />2. Company shall construct the new storage facility on <br /> <br />said Real Estate substantially in the form of Exhibit "A" <br /> <br />hereto, and utilizing the existing building located on said <br /> <br />Real Estate substantially as set forth on Exhibit "A" hereto. <br /> <br />3. Company shall be responsible for any and all <br /> <br />expenses associated with the planning, design, and <br /> <br />construction of the new storage facility on the Real Estate <br /> <br />and the renovation of the existing building, if any, located <br /> <br />on the Real Estate to be constructed and renovated consistent <br /> <br />with good and workman like construction and quality as <br /> <br />determined by Company but nevertheless consistent with good <br /> <br />and customary construction practices in Hall County, <br /> <br />Nebraska. <br /> <br />4. Upon Company's completion of the construction of <br /> <br />the new storage facility on the Real Estate and the <br />