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MEMORANDUM OF RENTAL POOL AGREEMENT 85^ 001163 <br />phis Memorandum of Rental Pool Agreement ( "Memorandum ") , made and entered into as of this <br />1 day of February, 1985, by and between the undersigned purchaser of a condominium <br />apartment unit(s) ( "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 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 Unit(s) No. 1106, The Yancey, a <br />Condominium, A Condominium in accordance with the Declaration <br />recorded on October 17, 1984, under Document No. 84- 005507 of the <br />County of 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 an behalf of the Owner to manage <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 he 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 />r "Agent" <br />gym:: <br />rt <br />v <br />STATE OF NEBRASKA ) <br />COUNTY OF <br />DEVCO INVESTMENT CORPORATION <br />A Neb asks c�orporation <br />By j <br />Title <br />Address: 4616 Pierce Drive <br />P.O. Box 4500 <br />Lincoln, NE 68504 <br />3De foregoing instrument was acknowledged before me this ' day of <br />by � �� -��� +4e , of Devco Investment Corporation, a Nebraska corporation,-on <br />behalf of the corporation. <br />y N Lary Public] - e0i�fb <br />STATE OF EBRASKA GEStet,i �i N, S1,11 11 4 <br />8 ) r.C�u r•; �i �1 RUSE f V00V.AR A <br />ss�3� 2'A t'a OF My Comm. ixp. <br />CUU1N'lY �(yj' .����lti Cs; ' <br />At, , <br />The foregoing instrume t wlis,., j¢leledged before me this y <br />by 4- <br />(LVt Z as hts voluntary act and deed. <br />v ' <br />Notary Public <br />Fit <br />