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MEMORANDUM OF RENTAL POOL AGREEMENT 8 001167 <br />-11 Ths Memorandum of Rental Pool Agreement ( "Memorandum '$) , made and entered into as of this <br />i day of February, 1985, by and between the undersigned <br />apartment unit purchaser of a condominium <br />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. 705, 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 Countv 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 to have <br />the Unit(s) occupied by the Owner or the Owner's immediate family ,�businessry clients rorhemployees <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, leasing and subleasing of the Unit(s) until June <br />conditions as defined in the Rental Pool Agreement. 30, 1990, subject to the terms and <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 address <br />appearing below. Such addresses may be changed from time me by either party the he serving <br />notice as provided above. to time <br />The Agent and undersigned Owner have executed this Rental Pool Agreement on the day and year <br />first above written. <br />"0 rter" <br />T <br />"Agent" DEVCO INVESTMENT CORPORATION <br />A Nebraska corporation <br />n <br />B y V <br />Title i` <br />Address. 4616 Pi rce Drive <br />P.O. Box 4500 <br />Lincoln, NE 68504 <br />STATE OF NEBRASKA ) <br />�(� ) <br />COUNTY OF ) <br />ss. <br />The f'orreegai—n4 iin�atrumen <br />' by <br />was acknowledged before me this �j,1 <br />behalf of the corpo rat on. ' ' <br />✓ of Devco Investment Corporation,,a Nebraska coxporati <br />STATE OF NEBRASKA <br />y. V'Alary Pubic <br />COUNTY OP <br />=-RO A RKA <br />; /_ ld'L <br />loregoin_ lnstrt <br />by <br />rs jjj, s�kfiowl�ilged before me <br />-• -. th(s <br />•�The <br />, <br />........ day of <br />as his voluntary act and deed. u ' <br />r <br />Notary Pub] <br />J <br />.—i <br />