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MEMORANDUM OF RENTAL POOL AGREENENT85" % 001162 <br />This Memorandum of Rental Pool Agreement ( "Memorandum "), made and entered into as of this <br />+' 9 day of February, 1985, by and between the undersigned purchaser of a condominium apartment <br />with reference 1^ Corporation, a Nebraska corporation ( "Agent "), is made <br />i to the following: ) ("Owner") and Devco Investment <br />A. This Memorandum is to indicate that the Owner and Agent executed a Rental Pool Agreement <br />dated December 26, 1984, for The Yancey Condominium, Grand Island, Nebraska, encumbering the real <br />estate described, to wit (the "Unit "): <br />Condominium Units) No. 603, 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 "H" 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 />E. The Owner designates the Agent as the exclusive agent on behalf of the Owner to manage <br />the rental, lenaing 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 certifier) ar 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 />STATE OF NEBRASKA <br />COUNTY OF L- :+n(z4.;(fr ) i as. <br />"Agent” DEVCO INVESTMENT coRPORATION <br />A Nebraska corporation <br />By <br />Title _ <br />Address: 4616 Pierce Drive <br />P.O. Box 4500 <br />Lincoln, NE 68504 <br />T�e foregoing instrument was <br />LL L. by mU YK <br />acknowledged before me this l_! day of f r.k:cl, <br />f . <br />behalf of the corporation. <br />i <br />of Devco Investment Corporation, a Nebraska corporation4 on <br />STATE OF NEBRASKA )% :.,.i.iAL <br />Notary Public <br />-- --- <br />ROSE E. VDUV� <br />COUNTY OF - S f <br />°1aK.'•. <br />MY Ccmm, Eap,��'• <br />The for oing Instrument was -*Mff <br />by ` <br />m►1'edged before me this s day of <br />as his voluntary act and deed. <br />Notary blic I " <br />h <br />