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<br />83--~1ot~~c~ <br />MEMORANDUM OF LEASE <br />This Memorandum of Lease made and entered into as of the <br />1~ day of October, 1982, by and between BELS, a Nebraska <br />general partnership ("Landlord"} and CORNHUSKER MOTOR CLUB, a <br />Nebraska not-for-profit corporation ("Tenant"}. <br />1. Landlord has entered into a Lease Agreement with Tenant <br />dated ~~n L$" 1982 ("Lease Agreement") coverin <br />certain store premises comprised of approximately 3,240 square <br />feet ("Leased Premises") situated within a shopping center known <br />as Gateway Plaza located in Grand Island, Nebrasl~a and more <br />particularly described as Lots 1 through 8, inclusive in Bels <br />Subdivision, an Addition to the City of Grand Island, Hall <br />County, Nebraska ("Shopping Center"). <br />2. The Lease Agreement has a primary term of ten (10) <br />years commencing on October 15, 1982, and terminating at 11:59 <br />p.m. on October 14, 1992. <br />3. Except for the provisions of the Lease Agreement <br />identified in this Memorandum of Lease, reference is made to the <br />terms, covenants, conditions and provisions of the Lease Agree- <br />ment which are more particularly detailed therein. In the event <br />of a prospective sale of the Shopping Center, Landlord has agreed <br />to provide Tenant with notice of its intention to sell the <br />Shopping Center; Tenant expressly acknowledges that Tenant does <br />not have a right of first refusal with respect to such sale, but <br />is merely being afforded an opportunity to negotiate for the <br />purchase of the Shopping Center if and when the Landlord elects <br />to sell the Shopping Center, if ever. <br />DATED: October 19$2. <br />BELS, a Nebraska general partner- <br />ship, "Landlord" <br />By ,~~~~~~> ~y~i <br />on L ran' <br />General Partner <br />CORNHUSKER MOTOR CLUB, a Nebraska <br />not-for-profit corporation, <br />"Tenant" <br />`~ tie /~ F!~ ~ <br />By I~I _~ 1~{L~ ~_,. <br />STATE OF N $RASKA ) <br />COUNTY 0~~~.~ ~ t ~ ss . <br />The fo instrument was acknowledged before me this <br />day of ~ .8';`1982, by Marion D. Larsen, General Partner, <br />on ehalf of-BELS, a Nebraska general partnership. <br />ARM. N4tARY •~M M MfNi~c ' ~ ~~ <br />w1~ N,r Exg lea. ~ iBN <br />