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I <br />85--:. nA 917 <br />MEMORANDUM OF RENTAL POOL AGREEMENT <br />This Memorandum of Rental Pool Agreement ( "Memorandum "), made and entered into as of this <br />day of December, 1964, by and between the undersigned purchaser of a condominium <br />apartment unit(&) ( "Owner") and Devco Investment Corporation, a Nebraska corporation ( "Agent"), <br />is made with reference to the following: <br />A. This Memorandum is to indicate that the Owner and Agent executed a Rental Root <br />Agreement dated December 20, 1984, for The Yancey Condominium, Grand Ialand,, Nebraskan, <br />encumbering the real estate described, to wit (the "Unit "): <br />Condominium Unit(s) No. 501, The Yancey, a Condominium, <br />A Condominium in accordance with the Declaration recorded on <br />October 17, 1984, under Document No. 84- 005507 of the County of <br />Hall, State of Nebraska, records. <br />B. A copy of an unexecuted Rental Pool Agreement is incorporated as Exhibit "W" to the <br />Declaration, recorded on October 17, 1984, under Document No. 84- 005507 of the County of Hall, <br />State of Nebraska, records. <br />C. The Rental Pool Agreement executed by the Owner and Agent states that until June 30, <br />1990, the Unit(s) shall be rented, leased and subleased through and placed in the The Yancey <br />rental pool in accordance with the terms and conditions as defined in the Rental Pool Agreement. <br />D. The Rental Pool Agreement also states that unless the Owner reserves the right to have <br />the Unit(s) occupied by the Owner or the Owner's immediate family, business clients or employees <br />(hereinafter referred to as "Personal Use "), the Owner shall participate in the rental pool <br />subject to certain terms and conditions a defined in the Rental Pool Agreement. <br />the rental, leasing and subleasing of the Unit(s) until June 30, 1990, subject to the terms and <br />conditions as defined in the Rental Pool Agreement. <br />F. All notices, demands, inquiries or documents that are permitted or required to be given <br />or served hereunder shall be in writing and shall be served by certified or registered mail, <br />posting prepaid to the Owners at the address appearing below, and to the Agent at the address <br />appearing below. Such addresses may be changed from time to time by either party by serving <br />notice as provided above. <br />The Agent and undersigned Owner have executed this Rental Pool Agreement on the day and year <br />first above written. <br />"Owns "Agent" DEVCO I� CORPORl1TI <br />G/ A Nebr a corporation Title Piz <br />Address: 4616 Pierce Drive <br />P.O. Box 4500 <br />Lincoln, NE 68504 <br />—i <br />