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200801841 7. In the event of any change of ownership of the property herein leased, LESSOR agrees to notify LESSEE promptly of the name, address, and phone number of the new owner, and LESSOR further agrees to give the new owner formal written noti'* df the :existence of this lease and to deliver a copy thereof to such new owner at or before closing. In the event that LESSEE assigns this lease, assignee will be fully obligated under this Lease and LESSEE will no longer be bound by the lease. This lease is binding upon the personal representatives, heirs, executors, successors, and assigns of both LESSEE and LESSOR. 8. In the event of condemnation of the subject premises or any part thereof by proper authorities, or relocation of the highway, the LESSOR grants to the LESSEE the right to relocate its sign on LESSOR'S remaining property adjoining the condemned property or the relocated highway. Any condemnation award for LESSEE'S property shall accrue to LESSEE. 9. LESSEE agrees to indemnify LESSOR from all claims of injury and damages to LESSOR or third parties caused by the installation, operation, maintenance, or dismantling of LESSEE'S sign during the term of this lease. LESSEE further agrees to repair any damage to the premises or property at the premises resulting from the installation, operation, maintenance, or dismantling of the sign, less ordinary wear and tear. 10. LESSOR agrees to indemnify LESSEE from any and all damages, liability, costs and expenses, including attorney's fees, resulting from any inaccuracy in or nonfulfillment of any representation, warranty or obligation of LESSOR herein. 11. If LESSOR desires to sell or otherwise transfer any interest in the property upon which the sign is situated, LESSEE shall have the right of first refusal to meet any bona fide offer of sale on the same terms and conditions of such offer. Upon LESSEE'S failure to meet such offer in writing within thirty (30) days after written notice thereof from LESSOR, LESSOR may sell the leased premises to the third party in accordance with his offer. 12. Prior to LESSEE removing its sign, and for five (5) years after such removal, LESSOR grants LESSEE a first right of refusal to match any bona fide agreement of LESSOR with a third party for the purpose of permitting off-premise outdoor advertising on any portion of the leased premises. LESSEE has seven (7) days after LESSOR provides to LESSEE a copy of such agreement executed by such third party to match the terms of such agreement. 13. If required by LESSEE, LESSOR will execute and acknowledge a memorandum of Lease suitable for recordation. 14. This Lease is NOT BINDING UNTIL ACCEPTED by the General Manager of a Lamar Advertising Company. EXECUTED BY LESSOR I "THE PRESENCE OF: c..._U~CL ~..". tc:: 1\ ' , ~i 1<~ "Bt...~t'" LESSOR'S P NAME GENERAL NOTARY. State of Nebraska DONALD R. DEITEMEYER . M Comm. E . Jan. 21, 2008 Add .":3 t ~ ~. t3+:- <... .....c., "'3 '( resl. {\ { Pi> r=' ~"B'r=' I C:.,.~.. r ~ . L,.o SSorFEDI.D. "3<G-~4c(/ ACKNOWLEDGEMENT STATE OF N f. aI2/1<;;IO-l. COUNTYIPARISH OF /-(11 LL #.. The foregoing instrument was acknowledged before me this 2. 9 day of He i k,l1. (3~e 20 ~ by \< A. 1'-.\ \''( d L It I R , who is personally known to me or who has produced as identification. Witness my hand and official seal, this 2(\"tt.. day of /.J(;/~lh\:H':K A.D.,20 0,t. ~-- ~-----"~-t.."."".""'".."~~~.P'S1j; ~onExpire" .TA"'dQ" 21,2,"" EXECUTED BY LESSEE IN THE PRESENCE OF: mE LAMAR COMPANIES l{YJadILaP-L ~ OFFICER'S SIGNATURE rvt Mn1.~ ." cez---~ nc OFFICER'S PRINTED NAME & TITLE '!1 l/P / {;JflA - ACKNOWLEDGEMENT STATE OF ~eb(i.tSYA COUNTYIPARISHOF Lc~n(cu'll r- The foregoing instrument was !'fknowledged before me this 4 day of ~ J , 20 Ole by VY\(1 rtnci I -( e l-t '-i h C ~ . who is personally known to me or who has produced as identification Witness my hand and official seal, this Y day of DJLL... AD., 20 jo..o1o. t'Yl. h~.# "' Notary Pub~ OLD J;ENERAL NOTARY-State of Nebraska TASHA M. FIFER "- -" "" My Comm. Exp. May 4, 2009 My Commission Expires: fu(~ 4UD9-