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HomeMy WebLinkAboutDOC_Affidavit of Legal Interest_BOI Happy Camper V1E IDI� 11 APPROVED DAT osrov22 �IJ % ABtR:-zazz-0oss I TOWIER LEASE TI[IS TOWER LEASE. (this "Lease") is made as of the last date of file signatures below by and between horizon `Power Limited Partnership-11, a Kansas Iimitcd partnership by Horizon Tower, LLC, a Delaware limited liability company, its Operations Partner, ("Landlord"), and Verizon Wireless (VAW) LLC, dba Verizon Wireless (""tenant"). 1. Pre1nISCs. Subject to file terms and conditions of this Lease, Landlord hereby leases to Tenant the use of that portion of' the property located on W. Excursion Lanc, City of Meridian, County of Ada, State ofldaho, known as Tax ID No: S11214314912 (the. "Property"), as more particularly described in Exhibit A. attached hereto and made a part hereof, together with casements for access and utilities, generally depicted in the attached I?xh'bit 13 (collectively referred to hereinafter as the "Premises"). Landlord leases space (the "Landlord Premises") at the Property pursuant to that cc I iain Prinle Lease (defined in Section 19 below). The Premises is comprised of: (1) a total of approximately 223 square feet ( 12' x 1 8.6') of -,round space within Landlord's communications compound ("Ground Space"), (ii) space at the ninety-five foot (95') radiation center on Landlord's communication tower located on file Property (the "Tower") to be constructed by Landlord on the Premises at Landlords sole cost, and (iii) non-exclusive casements in, under, over, through and across the grope I iy for ingress and egress, seven (7) days a week, twenty four (24) hours a day, on foot or motor vehicle, utilities and access adequate to install, operate and maintain utilities, \vhich include, but are not limited to, the installation of utility wires, poles, cables, conduits, and pipes over. under and across the Propel iy (collectively, the "Easements"). ,,be Premises is located within the Landlord Premises. In the event the Tower is not constructed by Landlord, in compliance with applicable laws and in a condition ready for "Tenant's installation of its equipment, within nine (9) months following full execution of- this Lease, other than as a result of causes, events or CirCumstances beyond Landlord's reasonable control, Tenant will have the right to terminate this I -.Case upon written notice to Landlord. Upon agreement of the parties, Tenant may pay rent by electronic funds transfer and in such event, Landlord agrees to provide to Tenant bank routing information for such purpose upon request of Tenant. 3. Permitted U The Premises may be used by Tenant fbr the installation, operation, maintenance, and use of wireless conullunications equipment and uses incidental thereto on the ground space and Tower space, as specifically described in Exhibit C attached hereto and made a paii hereof. I IT SITE: SPAN ISI I SUN ID4302 - Venom Site; I lappy Camper / Page I APPROVED )Na: 06/01/22 :I,E%UMa_e:A20220095 Landlord hereby agrees to provide to Tenant a copy of the Prime Lease and a fully executed Internal uc Service Form W-9, or equivalent. From time to time during the tern of this Lease and within thirty (30) days of a written request from Tenant, Landlord agrees to provide updated documentation showing Landlord's interest in and right to receive payments under this Lease including without limitation: (i) documentation, acceptable to Tenant in Tenant's reasonable discretion, evidencing Landlord's good and sufficient title to and/or interest in the Propetiy and right to receive rental payments and other benefits hereunder; (ii) a complete and fully executed Internal Revenue Service Form W-9, or equivalent, in a fD 1 in acceptable to Tenant, for any party to whom rental payments arc to be made pursuant to this Lease; and (iii) other documentation requested by Tenant in Tenant's reasonable discretion (the "Rental Documentation"). The Rental Documentation shall be provided to Tenant in accordance with the provisions of and at the address given in Section 13 below. Within fifteen (I5) days of obtaining an interest in the Property or this Lease, any assignee(s), transferee(s) or other successor(s) in interest of Landlord shall provide to Tenant Rental Documentation in accordance with the provisions ofand at "tenant's address given in Section 13 below. From time to time during the term of this Lease and within thirty (30) days of a written request from Tenant, any assignee(s) or transferec(s) of Landlord agrees to provide updated Rental Documentation in a form reasonably acceptable to "Tenant. Dclivcly of Rental Documentation to Tenant by any assignec(s), translerec(s) or other successor(s) in interest of Landlord shall be a prerequisite fix- the payment of any rent by "Tenant to such party and notwithstanding anything to the contrary herein, 'tenant shall have no obligation to make any rental payments to any assignee(s), transferee(s) or other successor(s) in interest of Landlord until Rental Documentation has been supplied to Tenant as provided herein. 5. Site Application Ice/Structural Analysis Landlord acknowledges and agrees that Tenant has paid to Landlord a one-time site application fee upon submission of a site application to determine whether there is available space at the Site for Tenant's proposed equipment. If requested by Landlord prior to initial installation of Tenant's equipment, Tenant shall conduct at Tenant's sole cost and expense a structural analysis and wind/ice load analysis of the Tower which includes any existing loads and the load of Tenant's proposed antennas, cabling and appurtenances as specified in Exhibit C. Tenant agrees to provide Landlord, at no cost to Landlord, a copy of such structural analysis prior to the construction or installation of Tenant's equipment described in ExhibitC. II I enant shall remain in possession of the Premises at the expiration of this Lease or any Renewal Term without a written agreement, such tenancy shall be deemed a month -to -month tenancy ("Month to Month Renewal Tetm") until to 1 initiated by either Party by giving the other written notice of its intention to so terminate at least twelve (12) month prior to said tel urination. All other terms and conditions of this Lease shall continue to apply during the Month to Month Renewal Term. 7. Interference. "Tenant shall not use the Premises in any way which interferes with the use of the Property by Landlord or tenants of Landlord, or with equipment of Landlord or tenants of Landlord installed and operational prior in time to Tenant's installation. In no event will Landlord be entitled to terminate this Lease or relocate the equipment as long as such interference is capable of being remedied and Tenant is making a good faith effoti to remedy the interference after receipt of notice of such potential interference fi-om landlord. Similarly, Landlord shall not use, norshall landlord permit its tenants, employees, invitees 1IT SITE: SPANISH SUN - ID4302 - Verizon Site: I lappy Camper / Pace 2 APPROVED nts to use, any portion of the Property in any way which interferes with the operations of Tenant. :" t 06/01/22 Ord agrees that Landlord and/or any other tenants of the Property who currently have or in the future ossession oft tie Property will be permitted to install only such equipment on the Tower or the Property ;u,a:e:A ° °°9s s of' the type and frequency which will not cause harmful interference which is measurable in aucOdance with then existing industry standards to the then existing equipment of Tenant. Such interference shall be deemed a material breach by the interfering party, who shall, upon written notice from the other, be responsible for terminating said interference. In the event any such interference does not cease promptly, the parties acknowledge that continuing interference may cause irreparable injury and, therefore, the injured party shall have the right, in addition to any other rights that it may have at law or in equity, to bring a court action to enjoin such interference. 8. IIII nrovements: Utihtiev Access (a) Tenant shall have the right, at its expense, to erect and maintain on the Premises improvements. personal property and facilities necessary to operate its communications system, including transmitting and receiving antennas, microwave dishes, equipment shelters and/or cabinets and related cables and utility lines, location based systems, coaxial cable, base units, and other associated equipment as shown on the Co -Location Application, attached as Exhibit C (collectively, the "Antenna Facilities"). Tenant shall have the right to expand, enhance or upgrade "tenant's ground equipment on the Premises without the consent of Landlord provided that such expansion remains within the footprint of the Ground Space that is part of the Premises. Tenant reserves the right to replace, repair, or otherwise modify the Tower equipment described in Exhibit C with substantially similar and comparable equipment, provided that such comparable equipment is within the parameters described on Exhibit C and does not increase the load on the "tower. Tenant shall have the right to add or modify the frequencies over which the equipment operates, but only to the extent such frequencies comply with FCC regulations. Tenant shall cause all of its constrnction to occur lien -free and in compliance with all applicable laws, mies, regulations, ordinances, permits and building codes, and shall discharge or bond any mechanic's lien filed or recorded as a result of "1"enant's constrnction. All installation, coil strnctioil, removal, relocation or maintenance oftenant's equipment shall be commenced only after "Tenant gives at least ten (10) days prior written notice of such to Landlord. Notwithstanding anything to the contrary, in the case of an emergency Tenant shall only be required to provide notice to Landlord as soon as practicable of the installation, construction, removal, relocation or maintenance of Tenant's equipment. The Antenna Facilities shall remain the exclusive property 01"I'cnant and shall not be considered fixtures. "Tenant shall have the right to remove the Antcnna facilities at any time during and upon the expiration or termination of this Lease. AS OF TI IE DATE I fl:Rl?Of. I?XCIiP"I' AS EXPRESSLY PROVIDED IIEREUNDER, NO WARRANTY OR RFPRI?SENTATION, EXPRESSED OR IMPLIED, IS MADE 13Y LANDLORD WITH RESPECT TO TI IF, SLJt1'A131LTI Y OF I`HE TOWER AND THE SITE FOR I'ENANT'S OPERATIONS AND INI'ENDED USE "I'I II:RI:OF. (b) Tenant, at its expense, may use any and all appropriate means of restricting access to the Antenna facilities, including, without limitation, the constrnction of fence. (c) Tenant shall, at Tenant's expense, keep and maintain the Antenna facilities now or hereafter located on the Propetty in commercially reasonable condition and repair during the term of' this Lease, normal wear and tear and casualty excepted. Upon tennination or expiration of' this Lease, the Premises shall be returned to Landlord in good, usable condition, normal wear and tear and casualty excepted. (d) "Tenant shall have the right to install utilities, at "Tenant's expense, and to improve the present utilities on the Property (including, but not limited to, the installation of emergency power generators). Landlord agrees to use reasonable efforts in assisting Tcnant to acquire necessaiy utility service. "Tenant shall install separate meters for utilities used on the Properly by Tenant. (e) Tenant shall have the right to install a concrete pad and related conduits for power and tcico use on the Premises. Landlord, at Tenant's request shall install the concrete pad and related conduits, (such IIT SITE: SPAN ISI I SUN ID4302 - Vcrizon Site: I Iappy Camper / Page 3 APPROVED etc pad and related conduits, to be clearly depicted on the construction drawings and;or as depicted o6/ov22 hibit B attached hereto) on behalf of Tenant. All such costs to construct the concrete pad and related �" t its shall be reimbursed to Landlord b Tenant within sixty Y � � (60) days of completion. _E•�u��a_e:A-zo��-0oss Y P 9. 'Termination. Except as otherwise provided herein, this Lease may be terminated, Without any Penalty or further liability as follows: (a) upon written notice by Landlord if Tenant fails to cure a default for payment of' Rent amounts due in excess of an amount equal to three months' w01 ill of the then cmTent monthly Rent due under this Lease ("Rent Default") and after Landlord sends Tenant notice of such Rent Default and it Tenant does not commence cure within 30 days after Tenant's receipt of such first notice and Landlord sends Tenant a second notice of such Rent Default and Tenant does not cure within 15 days of receipt of'such second notice (such notice(s) shall state that the default may result in the tern I I nation of the Lease and set forth the time for which Tenant has to cure); (b) immediately if Tenant notifies Landlord of unacceptable results of any title report, environmental or soil tests prior to Tenant's installation of the Antenna Facilities on the Premiscs; or (c) after the expiration of the Initial Term, and upon thirty (30) days' written notice by Tenant if the Property or the Antenna Facilities are, or become unacceptable under Tenant's desi;n or cngiucering specifications for its Antenna Facilities or the communications system to which the Antenna Facilities belong; provided however that prior to any tcm 1 ination under the provisions of this Section, Tenant shall pay Landlord a termination fee equal to six (6) times the then cuncnt monthly Rent; or (d) immediately upon written notice by Tcnant if the Premiscs or the Antenna Facilities are destroyed or damaged so as in Tenant's reasonable judgment to substantially and adversely affect the effective use of the Antenna Facilities. In such event. all rights and obligations of the parties shall cease as of the date of' the damage or destruction, and Tenant shall be entitled to the reimbursement of' any Rent prepaid by Tenant. if Tenant elects to continue this Lcasc, then all Rent shall abate until the Premises and/or the Antenna Facilities are restored to the condition existing immediately prior to such damage or destruction; or (e) by Tenant at the time title to the Property transfers to a condemnin" authority pursuant to a taking of all or a portion of the Property sufficient in Tenant's determination to render the Premises unsuitable for Tenant's use. Landlord and Tenant shall each be entitled to pursue their own separate awards with respect to such taking. Sale of all or paii of the Propcliy to a purchaser with the power of eminent domain in the face of the exercise of the power shall be treated as a taking by condemnation; or (t) after the expiration of the initial Term, and upon thi I iy (30) days' written notice by Tenant if Tenant determines, in its sole discretion. that the Premises or Antenna Facilities are obsolete or unnecessaiy for Tenant's operations due to economic reasons; provided however that prior to any to I mination under the Provisions of this Section, Tenant shall pay Landlord a termination fee equal to six (6) times the then current monthly Rent; or (g) by "Tenant in the event that (i) any applications for Governmental Approvals should be finally rejected or (ii) any Governmental Approval issued to Tenant is canceled, expires, lapses, or is othelwise withdrawn or terminated by governmental authority. As used herein. the term "Governmental Approvals" means all of the celiificates, permits and other approvals that may be required by any Federal, State or Local authorities to pelmit Tenant to use of the Premises as described in (his Lease. Landlord shall reasonably cooperate with Tenant in its effort to obtain such Governmental Approvals. I I f SITE: SPANISI I SUN - ID4302 - Veriron Site: I sappy Camper / Page 4 E IDI� 11 APPROVED DAT osrovz2 J`tUld BrR'A-2G22 ss 10. Default and Right to Cure. Except for those Sections of this Lease which describe a specific riod (which specific cure periods shall govern), without waiving any other rights granted to it at law city, each party shall have the right, but not the obligation, to terminate this Lease on written notice it to Section 13 hereof, to take effect immediately, if the other party fails to perform any covenant riod of thirty (30) days after receipt of written notice thereof to cure such breach, provided that the breaching party shall have such extended period as may be reasonably required beyond the thirty (30) days if the nature of the cure is such that it reasonably requires more than thirty (30) days and the breaching party commences the cure \Vithin the thirty (30) day period and thereafter continuously. ontinuously and diligently pursues the cure to completion. The non -breaching party shall not maintain any action or effect any remedies for default against the breaching party unless and until the breaching party has failed to cure the breach within the time periods provided in this Section. Notwithstanding the foregoing to the contrary, it shall be a default under this Lease if either party fails, within five (5) days after receipt of written notice of such breach, to perform an obligation required to be performed by such party under this lease if the failure to perform such an obligation interferes with the other patty's or such patty's other tenants ability to conduct their business on the Property; provided, however, that if the nature of the obligation is such that more than five (5) days after such notice is reasonably required for its performance, then it shall not be a default under this Lease if performance is commenced within such five (5) day period and thereafter diligently pursued to completion. l I. "faxes. Tenant shall pay all taxes imposed upon, or assessed with respect to Tcnant's equipment, and shall indemnify and hold Landlord harmless from an}, tax liability, interest or penalties which Landlord reasonably demonstrates arises out of'['enant's particular use of the Tower or Premises. "Tenant shall not be responsible for any real property taxes due with respect to the Premises, or any personal property taxes with respect to the Tower, exclusive of Tenant's equipment. Notwithstanding the foregoing, Tenant shall not have the obligation to pay any tax, assessment, or charge that Tenant is disputing in t,>ood faith in appropriate proceedings prior to a final determination that such tax is properly assessed provided that no lien attaches to the Property. Nothing in this Section shall be conshucd as makill- Tenant liable for any portion of Landlord's income taxes in connection with any Property or otherwise. 12. Insurance and Subrogation and Indemnification. (a) The patties hereby waive and release any and all rights of action for negligence against the other which may hereafter arise on account of damage to the Premises or to the Property. resultin<O from any fire. or other casualty of the kind covered by standard fire insurance policies with extended coverage, regardless of whether or not, or in what amounts, such insurance is now or hereafter can'ied by the parties, or either of them. 'These waivers and releases shall apply between the parties and they shall also apply to any claims under or through either puny as a result of any asserted right of subrogation. All such policies of insurance obtained by either patty concerning the Premises or the Property shall waive the insurer's right of subrogation against the otherpatty. ` (b) Landlord and Tenant each agree that at its own cost and expense, each will maintain a commercial general liability insurance policy, including premises/operations, completed operations, third party property damage and bodily and personal injury, including death, against claims caused by or occurring in conjunction with the operation of each patty's business on the Property, with limits of $3,000,000 per occurrence for bodily injury (including death) and for damage or desh uction to propelty. Landlord and Tenant each agree that it will include the other patty as an additional insured on the other party's liability insurance policy as their interest may appear under this Lease and a certificate evidencing such coverage shall be issued by an insurance company qualified to do business in the State of Idaho. Subject to the procedures set forth by each party's insurer, each patty shall attempt to provide the other party not less than thitty (30) days' prior written notice of any proposed cancellation. (c) Landlord shall obtain and keep in force during the entire tel m of this Lease a policy or policies H'r Slll:: SPANISII SUiv - ID,t302 - Verizon Site t lapp� Camper / P;tge E IDI� 11 APPROVED DAT osrovz2 C;`rUldB;R:A-2G22 ss against loss or damage to the 'Power at full replacement cost, as the same shall exist from time to .hout a coinsurance feature. Landlord's policy or policies shall insure against all risks of direct loss or damage (except the perils of flood and earthquake unless required by a lender or included ase premium), including coverage for any additional costs resulting from debris removal and lie amounts of coverage for the enforcement of any ordinance or law regulating the reconstruction or replacement of any undamaged sections of the "rower required to be demolished or removed by reason of the enforcement of any building, zoning, safety or land use laws as the result of' a covered loss, but not including plate glass insurance. "tenant shall at all times during the terill, at "Tenant's sole expense, maintain Workers Compensation insurance, in accordance with the legal requirements of the State in which the Premises are located, covering all workers or employees of "tenant. (d) Landlord and "Tenant hereby mutually release each other (and their successors or assigns) from liability and waive all right ofrecovery against the other for any loss or damage covered by their respective first patty propetty insurance policies for all perils insured thereunder. In the event of such insured loss, neither patty's insurance company shall have a subrogatcd claim against the other. To the extent loss or damage is not covered by their first patty propetty insurance policies, Landlord and 'Tenant each agree to indemnify and hold harmless the other party from and against any and all claims, damages, cost and expenses, including reasonable attorney fees, to the extent caused by or arising out of (a) the negligent acts or omissions or willful misconduct in the operations or activities on the Property by the indemnifying party or the employees, agents, contractors, tenants and/or subtenants of the indemnifying party, or (b) a breach of' any obligation of the indemnifying party under this Lcase, except to the extent such claims, damages, costs, and expenses are caused by the negligence or misconduct of the indemnified patty or the indemnified patty's employees, agents, contractors, tenants, and or subtenants. Notwithstanding the foregoing. this indemnification shall not extend to indirect, special, incidental or consequential damages, including, without limitation, loss of profits, income or business opportunities to the indemnified party or anyone claiming through the indemnified party. The indemnifying patty's obligations under this section are contingent upon (i) its receiving prompt written notice of any event giving rise to an obligation to indemnify the other patty, and (ii) the indemnified patty's granting it the right to control the defense and settlement of the same. Notwithstanding anything to the contrary in this Lease, the patties hereby confirm that the provisions of this section shall survive the expiration or termination of this lease. 'Tenant shall not be responsible to Landlord, or any third -party, for any claims. costs or damages (including, fines and penalties) attributable to any pre-existing violations of applicable codes, statutes or other regulations -ovcrning the Property. 13. Notices All notices, requests, demands and other communications shall be in writing and are effective three(3) days after deposit in the U.S. mail, certified and postage paid. or upon receipt if personally delivered or sent by next -business -day delivery via a nationally recognized overnight courier to the addresses set forth below. Landlord or 'Tenant may from time to time designate any other address for this purpose by providing written notice to the other party. I fto 'Tenant, to: Verizon Wireless (VAW) LLC d/b/a Verizon Wireless 180 Washington Valley Road Bedminster, NJ 07921 Attention: Network Real Fstate Site: I lappy Camper I rt SITt:: SPANISH SUN - ID4302 - Vei von Sitc: l nappy Camper % Page 6 APPROVED DAT 06/01/22 CE %Uld BE A-zazz-0oss Mz on "Power Limited Partnership -II C/o Horizon Tower, LLC 117 Town & Country Drive, Suite A Danville, CA 94526 Attn: Chief Operating Officer Courtesy copy to: Edinger Associates PLLC 187-5 1 St. NW, Suite 500 Washington, D.C. 20006 Attn: Brook Edinger 14. _Quiet Fniovment Titie and Authority. Landlord covenants and warrants to Tenant that (i) Landlord has full right, power and authority to execute this lease; (ii) it has good and unencumbered title to the Property and the Tower free and clear of any liens or mortgages, except those disclosed to Tcnant in writing by the Landlord, and which will not interfere with Tcnant's rights to or use of the Premises; and it execution execution and performance of this Lease will not violate any laws, ordinances, covenants, or the provisions of any mortgage, lease, or other agreement binding on Landlord. Landlord covenants that at all times during the term of this Lease, Tenant's quiet enjoyment of the Premises or any part thereof shall not be disturbed as long as Tenant is not in default beyond any applicable grace or cure period. 15. Environmental Laws. Landlord represents that it has no knowledge of any substance or Hazardous Material (defined below) on the Property. Landlord and Tenant shall not introduce or use any Hazardous Material on the Property in violation of any applicable law. Landlord shall be responsible for. and shall promptly conduct any investigation and reinediation as required by any applicable environmental laws, all spills or other releases of any f lazardous Material not caused by "Tenant, that have occurred or which may occur on the Property. "Tenant shall be responsible for, and shall promptly conduct any investigation and remediation as required by any applicable environmental laws. all spills or other releases of any hazardous Material to the extent caused by Tenant or the employees, agents, contractors, tenants and/or subtenants of Tenant, which may occur on the Property. Landlord and "Tenant each agree to defend, indemnify and hold harmless the other and the other's partners, affiliates, agents and employees from and against any and all losses, liabilities, claims and/or costs (including, but not limited to, damages, costs, expenses, assessments, penalties, fines, losses, judgments and reasonable attorneys' fees and expenses) that the indemnitee may suffer or incur arising from any breach of any warranty or agreement contained in this Section. "hazardous Material" shall mean any substance, chemical or waste identified as hazardous, toxic or dangerous in any applicable federal, state or local law or regulation (including petroleum and asbestos). This Section 15 shall survive the termination or expiration of this Lease. 16. Assignment and Subicasin,,. Notwithstanding anything to the contrary set lOrth in this Lease, Tenant shall not assign, sublease or otherwise transfer its rights under this Lease or any interest therein, and shall not encumber, hypothecate or otherwise give as security, this Lease without the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing, Tenant may assign this lease to a parent corporation or any of its subsidiaries or affiliates ("Tenant shall provide written notice to Landlord within 45 days after such assignment), provided that 'tenant shall not be relieved of its obligations under this lease. Tenant may assign this Lease without Landlord's consent to any entity which acquires all or substantially all of 'f'enant's assets in the market defined by the FCC in which the 'Power is located by reason of a merger, acquisition or other business reorganization. Any assign ment of this Lease that is entered into by Landlord or Tenant shall be subject to the provisions of this Lease. Additionally, Tenant may, upon notice to Landlord, mortgage, or grant a HT SITF: SPANISI I SUN I1),1302 - Vcri'zon Sitc. I IapPN' Camper / Page 7 APPROVED ty interest in this Lease and the Antenna Facilities, and may assign for collateral security purposes 06/01/22 ase and the Antenna Facilities to any such mortgagees or holders of security interests including their D" t sons and assigns (hereinafter collectively referrg ed to as "Secured Parties"). In such event, landlord ;u,tJ ate:A ° °°9s xecute such consent to leasehold financing as may reasonably be required by Secured Parties. flaillord agrees to notify Tenant and Tenant's Secured Parties simultaneously of any default by "tenant and to give Secured Patties the same right to cure any default as Tenant. If a termination, disaffirmance or rejection of the Lease pursuant to any laws (including any bankruptcy or insolvency laws) by Tenant shal I occur, or if Landlord shall teiminate this Lease for any reason, Landlord will give to the Secured Patties Prompt notice thereof and Landlord will give the Secured Patties the right, upon the cure of any default under this lease, to enter upon the land during a thitty (30) day period conlnlcncin- upon the later of the Secured Parties' receipt of such notice and the date of any such cure for the purpose of removing Tenant's facilities, or any portion thereof. Landlord acknowledges that the Secured Parties shall be thfrd-party beneficiaries of this Lease. 17. Successors and Assigns. This Lease and the F,asenlents pranged herein shall run with the land, and shall be binding upon and inure to the benefit of the parties, their respective successors, personal representatives and assigns. 18. Waiver of Landlord's Lien. Landlord hereby waives any and all lien rights it may have, statutory or otherwise, concerning the Antenna Facilities or any portion thereof, which shall be deemed personal property for the purposes of this Lease, whether or not the same is deemed real or personal property under applicable laws, and Landlord gives "Tenant and Secured Parties the ri-ht to remove all or any portion of the same from time to time, whether before or after a default under this Lcasc, in Tcnant's and/or Secured Parties' sole discretion and without Landlord's consent. 19. Subordination To Prime Lease. The parties acknowledge and agree that Landlord's rights in the Property are derived from a certain Lease Agreement dated January 17, 2018, and Fit-st Amendment to Lease Agreement dated July 16, 2018, between Horizon "Tower Limited Partnership-11, a Kansas limited partnership, by Ilorizon Tower, LLC, a Delaware limited liability company, its Operations Partner, and Brighton Investments, LLC, an Idaho limited liability company, and SCS Investments, LLC- an Idaho limited liability company, ("Prime Lessor"), a redacted copy of which is attached as Exhibit E hereto, hereinafter refen-ed to as the "Prime Lease." All telms, conditions and covenants contained in this Lease shall be specifically subject to and subordinate to the temis and conditions of an applicable Prime Lease. Further, Tenant agrees to be bound by such Prime Lease as applicable to the access and occupancy of the Premises, and Landlord agrees to provide to Tenant in writing, upon full execution of this Lease, the applicable procedures required by the Prinle Lease to access and occupy the Premises. landlord further agrees to provide written notice to-1•enant of any and all alterations or modifications to said procedures of the Prime Lease, immediately upon the date said alterations or modifications become effective. In the event that the Prime Lease expires or terminates prior to the expiration of the Initial Te I in or applicable Renewal Tenns, this Lease shall automatically telminate upon termination of Landlord's right to possession of the Premises and Tenant shall remove its equipment and any improvements from the Premises in accordance with this Lease and any applicable provisions under the Prime Lease. The Landlord shall not terminate the Prime Lease prior to expiration of its term without the express written consent of the Tenant. Landlord agrees not to take any action with respect to the Prime Lease as then in effect which will cause the Prime Lease to be prematurely telnlinated during the telr of this Lease. Landlord hereby warrants and agrees that it shall exercise any existing renewal option available to it pursuant to the Prime Lease and shall use its best efforts to secure any necessary extensions of the term of the Prime Lease through the end of the term of this Lease. A copy of any applicable Prime Lease with the economic terms and other terms that Landlord deers reasonably confidential redacted shall be attached to this Lease as Exhibit D and made a part hereof, unless prohibited by the terms of such Prime Lease. To the extent the Landlord is in material breach of the Prime Lease, Landlord shall notify the Tenant of such breach and Tenant may take such actions to cure any such breach under the Prime Lease. 'I•he "Tenant shall be under no obli-ation to take I IT SITE: SPAN ISIi SUN ID4302 - Vcrizon Site: f lappv Camper 1 Page 8 APPROVED ction but may do so solely at its own discretion. In the event Tenant pays any amount on behalf of SIJo6/ov22 ord on account of Landlord's breach of the terms of the Primc Lease, the Tenant may deduct such %UId B;R�A-zozz-0oss is paid from the amount that would otherwise be due from the Tenant to Landlord pursuant to this CE `rNotwithstanding b the foregoing, Landlord shall. upon written request by Tenant and at Tenant's cost an expense, use commercially reasonable efforts to assist 'Tenant in "Tenant's efforts to obtain a non - disturbance and attornment agreement recognizing, among other things, Tenant's right to remain in occupancy of and have access to the Premises as long as 'Tenant is not in default of this Lease beyond applicable notice and cure periods (a "Non -Disturbance Agreement") from the Prime Lessor. 20. Subordination. Landlord shall use its commercially reasonable efforts to obtain not later than thirty (30) days following the execution of this Lease, a non -disturbance and attornment agreement for Tenant's benefit containing the terms described below, from any existing mortgagee(s) or security interest holders of the Property or the 'Power. This Lease is subject to told subordinate at all times to the lien of existing and future mortgages, deeds of trust and similar security documents (collectively, "Mortgages") which may now or hereafter encumber the Property, on the condition that the holder of such Mortgage agrees in writing that it will not, for so long as 7 enant shall not be in default under this (.case (alter notice and the expiration of applicable cure periods) disturb the peaceful quiet enjoyment of the Lease by I•enant, and that it will recognize all of 'tenant's rights under- the Lease. No instrument shall be necessary to effectuate this subordination, but "tenant agrees to execute and deliver such further commercially reasonable instruments subordinating this Lease to the lien ofall such Mortgages on the condition described herein, as may reasonably be requested from time to time. 21. Tower Comuliancc Landlord covenants that it will Keep the lower in good repair as required by all federal, State and Local laws, ordinances, codes, rules and regulations. The Landlord shall also comply with all rules and regulations enforced by the Federal Communications Comm ission with regard to the lighting, marking and painting of towers. If the Landlord fails to make such repairs including maintenance the Tenant may make the repairs and the costs thercofshall be Landlord on demand together with interest thereon from the date of Payment at the � ■ the Lan lord oes nnot make payment to the Tenant within ten (10) days after such demand, the•Tenant shall have the ri"ht to deduct the costs of the repairs from the succeeding monthly rental amounts normally due from the 'I enant to the Landlord. Should Landlord he cited because the Tower or Property is not in compliance with such laws, ordinances, codes, rules and regulations, "Tenant may terminate this Lease if Landlord fails to cause a cure of the condition of non-compliance within sixty (60) days from the date of the citation or the time required for compliance by the applicable governmental authority. 22. Miscellaneous, (a) Should either party to this Lease institute any legal proceedings against the other for breach or failure to pe I form any provision in this lease, the prevailing party in such litigation shall be entitled to its reasonable attorneys' fees and court costs, including appeals, if any. (b) Within thiity (30) days after receipt of written request, Tenant shall deliver to Landlord, or to any mortgagee or prospective purchaser of Landlord's interest, a certificate stating that, to the extent the same is hue: (i) Tenant has entered into occupancy of the "Dower and Premises in accordance with the provisions of this Lease; (ii) this Lease is in full force and effect; (iii) Landlord has performed the covenants, agreements or conditions requited of Landlord, if such be the case (and if such not be the case, then 'Tenant shall list those covenants, agreements or conditions not so performed), and any other information reasonably requested by the Landlord or such mortgagee. I IT SITE' SPAN IS; 11 SUN - IDd302 - VerIZUn Sitc: I lapp) Campei 1 Page 9 APPROVED (c) This Lease constitutes the entire agreement and understanding of the patties, and supersedes all egotiations and other agreements, with respect to the subject matter and property covered by this DA EI 06/01/22 J %Uld B;R' A-2G22 -11 (d) Each party agrees to cooperate with the other in executing a Memorandum of Lease in substantially the form as set forth in Exhibit E attached hereto and made a part hereof, necessary to protect its rights or use of the Premises. The Memorandum of Lease may be recorded in place of this Lease by either party and is for recording purposes only and bears no reference to commencement of either the term or rent payment. (e) This Lease shall be construed in accordance with the laws of the state in which the Property is located. (f) If any term of this Lease is found to be void or invalid, such finding shall not affect the remaining terms of this Lease, which shall continue in full force and effect. The parties agree that if any provisions are deemed not enforceable, they shall be deemed modified to the extent necessary to make them enforceable. Any questions of particular interpretation shall not be interpreted against the draftsman, but rather in accordance with the fair meaning thereof. No provision of this Lease will be deemed waived by either party unless expressly waived in writing signed by the waiving party. No waiver shall be implied by delay or any other act or omission of either party. No waiver by either party of any provision of this Lease shall be deemed a waiver- of such provision with respect to any subsequent matter relating to such provision. (g) The persons who have executed this Lease represent and warrant that they are duly authorized to execute this Lease in their individual or representative capacity as indicated. (h) All Exhibits referred to herein are incorporated herein for all purposes. (i) If Landlord is represented by any broker or any other leasing agent with regard to this Lease, Landlord is responsible for all commission fees or other payment to such agent, and agrees to indemnify and hold Tenant harmless from all claims by such broker or anyone claiming through such broker. If Tenant is represented by any broker or any other leasing agent with regard to this Lease, Tenant is responsible for all commission fees or other payment to such broker, and agrees to indemnify and hold Landlord harmless from all claims by such broker or anyone claiming through such broker. 0) Subject to the terms of this Lease, Landlord covenants that Tenant, on paying the rent and performing the covenants herein, shall peaceably and quietly have, hold and enjoy the Premises. (k) Landlord represents and warrants to Tenant as of the execution date of this Lease, Landlord has a good and valid leasehold interest in the Property pursuant to the Prime Lease and has full authority to enter into and execute this Lease. Landlord further covenants during the term that there are no liens, judgments or impediments of Landlord's interest in the Prime Lease. (1) SUCCESSORS. This Lease shall extend to and bind the heirs, personal representative, successors and assigns of the parties hereto. THE REMAINDER OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK HT SITE: SPANISH SUN — ID4302 - Verizon Site: Happy Camper / Page 10 CUEIDR Iy APPROVED The effective date of this Lease is the date of execution by the last party to sign (the "Effective DATE: 06/01/22 FILE NUMBER:^-2022-000s ORD: Horizon Tower, Limited Partnership -II, a Kansas limited partnership izon Tower, LLC, its ations Partner By: Printed Name: John Kan . a ) Its: CEO l Date: TENANT: Verizon Wireless (VAW) LLC d/b/a Verizon Wireless By: Printed Name: VQ, Vag Its: - D-jre t5"inee ieq Date: HT SITE: SPANISH SUN — ID4302 - Verizon Site: Happy Camper / Page I I E IDIAN — APPROVED DAT 06/01/22 �IJ "'UMB;R:- I EXHIBIT A Legal Description The Property is legally described as follows: An approximate 2400 square feet, together with access and utility easements, of: LEASE SITE DESCRIPTION: A [FASF SITE �0, THIN THE MORMEAST loq OF TflESOUTHWE.17114 OF SECT ON 14, TO4716114W 3 NORM R-ANGE I WEST, Ba'SE MEMM-N, ALIA COUNTY, IDAJ40, �MJNG A, PORTION Or LEZZOAMS PARCEL AS' alIOWN VNI ME SPA.M.15H SNUM LEA SEE SJTE SURVEY THATACOMMAMIES TMS DESCRIPTION, REM MORE PAHUCULARLY VESCH)BEL) AS FOLLCM3: GOMMENGING AT ITriE GENIERGUARTERGURNER OF SECTION 14 maNU618NTED BY A FOUND fiffl'IRON RELY AS SHOWN ON CORNER RECORD INSTRUMENT NO, 1UO748M,, FROM WHiCH THE WEST DUARTER CO"ER OF SECTION 14, MONLIM M-TED BY AFOUND I-d-LIMINUM CAP AS SHOWN, 014 CORNEzR RECORD INSTRUMENT NO. 11022FA6 BEARS NORTH 89111 TW VOEST, 2666,46 FEET, THENCE S01-11" 5951 1'58'WESTy 100,52 FEET; THENCE NORTH 69"1 1'2H MEST, 159,78 FEET,, THENCE SOUTH 001'4812� WEST, GAG FEET TO THE POINT OF BEGINNING; THENCE- SOUTH 09'1 128F EAST, M00 FEET, THENCE SO4jTI-I C-0*48-32"WEST, 40M FEET; THENCE NMTH .99"11'26'WEST! Milk' THENCE NORTH, MAW'a2' FASTd 40,00 FEET TO THE PVNT OF BEGINNING, 0-)NTAININ17.2,401) SVA—)ARF, FEET VAIRF OR LESS, ACCESS & UTILITY EASEMENT DESCRIPTFON: A 12-FOOT WIDE ACQ55RS & UMITY EASEMEW INYTHIN Tf-AE NORTffEA-57 114 OF THE SOUTffiVEST 114 OF SECTWN 14, TOWNSMP 3 MORT", RANOE 1 WEST, HOME MEPIMAYADVI COUPItY, IDNIO, B&NO A POP11014 Or, LrSsows PAPCEL AS SHOM ON THE SPAMSH St,'N LEASE SdTE SURVEY THATACCOMPAMES THIS LIFSMP"014, T14L CENTERt-IME', REM; MOME PAUDCLU-,AHLY VESCR)BEL) A9 FOLLOWS; COM MINCING AT THE CENTER R QUATE R 00- RN ER OF ZZ GTI ON 14 (W)INU M NTUD BY A FOLNIO 501RON REBAR AS SHMIN ONCORNER RECORD INSTRUMENT NO. 100074810, FROM WHI-CH THE WOST QUARTER CORNER OF --E-C-Tl(x"j 14, t41ONUMENTED BY A FC41ND ALUMINUM CAP AS SHOWN ON CORNER RECORD T I2 656.45 FEET; THENZE P,J' SRI-IrdNT lENO1(122 , I 5c.5 BEARS T NORH Rug"I 1'M'WEST, 76 BO UT" 69E 1110 WEST, 100.552 FEET TO THE POINT Of BEGINNING, THENCE BEIN6 & FEET LEFT AND RIGHT OF THE MtLOWINIG DESCRIBED CENTERLINE; NORTH 69"1 V20 WEST, 16970 FEET TO THE POINT OF IFERAMNUS. THE SIDE LINFS OF THESE P4S0uWNT5; ARE TO BE LR�I�TJHRMRD OR SHORTENED TO PCOM A CLOSED FIGURE 00 N'TAJ N I IN 13 1,9 0 _5 SQU, AR E FEET MORE OR LESS. HT SITE: SPANISH SUN — ID4302 - Verizon Site: Happy Camper / Page 12 APPROVED DA E' 06/01/22 C; %Uld B;R' A-2G22 -11 EXHIBIT B The location of the Premises within the Property (together with access and utilities) is more particularly depicted as follows: Pfi�'11'L'ii' tti5Ii.45' tRi<b:it4i3 uriilil lli „�Pcc UUl'IL'[i Ll fit' I I ri11�IIl�Iii111ILllliliii„ �LIII Ili{ a I SEE SITE 1��11�Ifllll fII1 DETAIL I IIIIA _ 1 11 14-i 1,,,�,f,,,lil `7 1 , III���IIII11111111 111111111 � _� _i�11i,y„H,JiiILIIIiE_E_iii �111111�111M!IIII I;I;;III1ILI11I11III IL, ` �1 H k" ,—H f I F 1 71 I �I I i_ ✓ W, NAVIGATOR 6RIV— iJ iU13LIC 75' '4VIL7E} LESSOR'S PARCEL 1 a SCALE 1"=109 cl� i11JCMM11 HT SITE: SPANISH SUN — ID4302 - Verizon Site: Happy Camper / Page 13 E IDI� 11 APPROVED )A:P 06/01/22 C; `IUId B;R' A-2G22 -11 r----------------------- ------- ,----,�---- I u. crrrea• na�¢as I f ` u3 pia J+:En W' -------------1 I I I I I I I rT:K I I I I I I I ( I i— — — — — — — — — — — — i `. yl t ..MM f!C tPSC }yG H fil iW7P:r:FZ� f#?�liLiv "'-- PkOrti EU H.AlI u n:u. 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O C: O O 04 N i z C' .a) 0 t— 2 Q a) a) i SL D � U U 0 i z U) U) � c c W in m I a ' I N 0 W W N Z 0 ° N N N p N O N p N Q o U C CD = N M Y Y U > M r � O) N a) L m a) E O O a) E Z Z3 m o E N Z v O = o E Z n m E a E Z m :2 z Co Z E O c M U O z o 0 U U m c N c =3 a> ai O ` O 'O c ` _ = Q N LL O E cc O cr- U w U ai m U c a) cuE a m c � m � (D m Z a) d N m oD U j N O C: N O U cc ` 2 o d c o 'O •O � M =3 M �� (9 3 c w •o m E =3 O � c N m � m FL M,, E IDI� Il APPROVED DAT osrovz2 C;%UldB;R:A-2G22 ss a) C M C U N a 0 U N E E O U N N 0 0 co N Q 4L- Z � � c a U = N H (� W F a E J v W � W Q r L 0 C = 06 - = W 0 v Qa W a) a) p AW � O �L ci C13 J a 0 0 z _ .J 1= O V ) C 6) C O •� Q s C C) O m oo N N m U J � a) O c C O , O � c E a) E 0 iA Q. j cr L c� E Cc a) O `) 0 U J E C Ja o Q = I F— W J CD Q Z > o r Lo x S S � •— a > O N Z � Q N x CO E C p N U rn 06 m o \N / o ^ N = = 'Ir�/1•� L0 Z N ^x r W Q. 0 /� Q E r- C) z E (.0 ti O a O U CA x N C U Lo CO Q C ° p N N o N 0 ti N S S Z 0) L�o v o 0 w a) _ r W m iB m m 0 x C CDco � o m o E .- r� N E O C) CO i x C)U ' t b m m ¢¢¢ w w o z z z U -C W' 0 O C a) C_ J N J .L to �S C) _0 +� o U a)U- @ O Q E a U _ CL in 06 C ❑ C — NS C= N OS2i c� O Q) (0 a) a) S c o of (n U a_ N fly— N N � CD W cn 0 00 c o U U 'N •� 0 a� c 0 ui Q ai c O x c c > C: Em0 =1W a)3��~0 C c C otj Q) E N c O U � 0 7 0 m : a) > O L) W a) �._ v Q Q" 0� o o 0 `----u-U- > 3 o2 >0 u,U) a) C C � a) C C E> � U 0 m J .� O '=E0 o W aciEEa)mc E °Qca) CL ❑ZQ Q W OZ❑QQI—� m C C m a) V �ItloI O N •U j I— E IDI� 11 APPROVED DA EI 06/01/22 C; %Uld B;R' A-2G22 -11 EXHIBIT D PRIME LEASE HT SITE: SPANISH SUN — ID4302 - Verizon Site: Happy Camper / Page 16 APPROVED LAND LEASE AGREEMENT DAT osrovz2 'jj 'U'`1B R A2G22-11 This Land Lease Agreement, made this , /� � day of J'(/L Y 2018 ("E ective Date") (the "Agreement"), between Brighton Investments, LLC, an Idaho limited liability company and SCS Investments, LLC, an Idaho limited liability company, with its principal offices located at 12601 W. Explorer Drive, Suite 200, Boise, Idaho 83713, hereinafter collectively designated LESSOR, and Horizon Tower Limited Partnership -II, a Kansas Limited Partnership, by Horizon Tower, LLC, its Operations Partner, having a mailing address of 117 Town & Country Drive, Suite A, Danville, CA 94526, hereinafter designated LESSEE. LESSOR and LESSEE are at times collectively referred to hereinafter as the "Parties" or individually as the "Party". WITNESSETH In consideration of the mutual covenants contained herein and intending to be legally bound hereby, the Parties agree as follows; 1. LEASED PREMISES. LESSOR owns that certain plot, parcel or tract of land, together with all rights and privileges arising in connection therewith, located on W Excursion Lane, in the City of Meridian, County of Ada, State of Idaho depicted on Exhibit A (collectively, the "Property"), LESSEE desires to use a 2,400 square foot (40 foot by 60 foot) portion of the Property (the "Premises"), as depicted on Exhibit B, in connection with its intention to install, maintain and operate a tower structure, provide antenna locations and sublease ground and tower space for federally licensed communications businesses ("Use"). LESSOR desires to grant to LESSEE the right to use the Premises in accordance with this Agreement. The Premises shall include any landscaping or fencing required by any governmental agency. LESSOR also hereby grants to LESSEE the right to survey the Property and the Premises, and upon approval of LESSOR, said sur-vey shall supersede and replace Exhibit B attached hereto. The revised Exhibit B shall control in the event of boundary and access discrepancies between it and Exhibit A. Cost for such survey shall be borne by LESSEE. 2. ACCESS. LESSEE and its employees, agents, subcontractors, and subtenant(s), if any, shall have the non-exclusive right of access for the Use (pedestrian and vehicular) to and from the Premises, seven days a week, 24-hours a day, through, over and/or under the Property in a location to be approved by LESSOR. In the event LESSEE has exhausted all options and efforts to utilize an existing access or public utility easement then LESSOR agrees to grant additional access or an easement either to LESSEE or to the public utility, for; the non-exclusive use by LESSEE. 3. TERM; RENT. This Agreement shall be effective as of the date of execution by both Parties. The initial lease teen will be fifteen (15) years ("Initial Term"), commencing upon the Commencement Date (as hereinafter defined) and will terminate on the last day of the month in which the fifteenth (151h) annual anniversary of the Commencement Date occurs. This Agreement shall automatically renew for two (2) additional five (5) year terms (each five-year term shall be defined as an "Extension Term"; the Initial Term and any Extension Terms are collectively referred to as the "Term"), upon the same terms and conditions unless LESSEE notices LESSOR in writing of LESSEE's intention not to renew this Agreement at least sixty (60) days prior to the expiration of the then existing Term. The minimum annual base rent for years 1-5 of LAND LEASE AGREEMENT -- Page 1 SPANISH SUN ID4302 This Agreement shall commence on the date LESSEE commences installation of the equipment on the Premises, which date shall be communicated by LESSEE to LESSOR in writing delivered to the notice address specified in Section 21 herein (the "Commencement Date"), In the event the date LESSEE commences installation of the equipment on the Premises falls on any day other than the first day of a month, solely for the purposes of determining the length of the Initial Term, the dates for any Extension Terms and the dates for any Escalation, the Commencement Date shall be deemed to have begun on the first day of the following month and Rent for any partial month shall be prorated on a per diem basis calculated based on a 30-day month. LESSOR and LESSEE agree that they shall acknowledge in writing the Commencement Date. LESSOR and LESSEE acknowledge and agree that initial Rent payment(s) shall not actually be sent by LESSEE until thirty (30) days after a written acknowledgement is delivered to LESSEE by LESSOR confirming the Commencement Date. By way of illustration of the preceding sentence, if the Commencement Date is January 1 and the written acknowledgement confirming the Commencement Date is dated January 14, LESSEE shall send to LESSOR the Rent payments for January 1 and February 1 by February 13. Upon agreement of the Parties, LESSEE may pay Rent by electronic funds transfer and in such event, LESSOR agrees to provide to LESSEE bank routing information for such purpose, upon request of LESSEE. LAND LEASE AGREEMENT — Page 2 SPANISH SUN ID4302 E IDI� 11 APPROVED DAT osrovz2 C;%Uld B;R'A-2G22 ss TAXES. (a) LESSOR shall invoice and LESSEE shall pay any applicable transaction uding sales, use, gross receipts, or excise tax) imposed on LESSEE and required to be collected by LESSOR based on any service, rental space, or equipment provided by LESSOR to LESSEE. LESSEE shall pay all real estate and personal property taxes, fees, assessments, or other taxes and charges imposed by any Governmental Entity ("Taxes") that are directly attributable to LESSEE's USE, including, but not limited to, antennas, equipment and related appurtenances, or LESSEE's use and occupancy of the Premises. If allowed by any Governmental Entity, LESSEE shall have notices regarding Taxes sent directly to LESSEE and LESSEE shall pay the same directly to the applicable Governmental Entity on or before its due date. LESSEE shall not allow a lien to be placed on the Premises and/or Property. In the event that LESSOR receives any notice for LESSEE's Taxes, payment shall be made to LESSOR by LESSEE within sixty (60) days after presentation of the bill and/or assessment notice which is the basis for such taxes or charges. (b) LESSEE shall have the right, at its sole option and at its sole cost and expense, to appeal, challenge or seek. modification of any tax assessment or billing for which LESSEE is wholly responsible for payment. LESSOR shall reasonably cooperate with LESSEE at LESSEE's expense in filing, prosecuting and perfecting any appeal or challenge to taxes as set forth in the preceding sentence, including but not limited to, executing any consent, appeal or other similar document. In the event that, as a result of any appeal or challenge by LESSEE, there is a repayment received by LESSOR for any taxes previously paid to LESSOR by LESSEE, LESSOR agrees to promptly reimburse to LESSEE the amount of said repayment upon LESSOR's receipt of such repayment from the applicable Governmental Entity. If there is a reduction or credit received by LESSOR of any taxes previously invoiced by LESSOR to LESSEE, LESSOR will credit or reduce the amount of such invoice by that amount. 5. USE. LESSEE shall use the Premises for the purpose of constructing, maintaining, repairing and operating a tower structure that will provide antenna locations for the transmission and reception of communication signals and related equipment, cables, accessories and improvements which may include equipment shelters or cabinets, transmission cables, electric lines, fencing and other items necessary to secure use of the Premises ("Communications Equipment"), as well as the right to test, survey and review title on the Premises, and to make alterations, improvements, upgrades or additions to the Premises appropriate for LESSEE's use and to insure that LESSEE's Communications Equipment complies with all applicable federal, state or local laws, rules or regulations. An eight -foot (8') security wall constructed with concrete or masonry shall be placed around the perimeter of the Premises, at LESSEE's expense and maintenance; the design of such security wall shall be approved by LESSOR prior to construction. All improvements, equipment, antennas and conduits ("Improvements") shall be at LESSEE's expense and their installation shall be at the discretion and option of LESSEE, provided that, unless otherwise approved by LESSOR, none of the Improvements, other than the tower structure and the equipment mounted on the tower structure, shall be visible over the security wall. 6. IMPROVEMENTS. The Communications Equipment including, without limitation, antennas, conduits, and other improvements shall be at LESSEE's expense and installation shall be made on the basis of drawings approved by LESSOR and referenced in Exhibit C attached hereto, LAND LEASE AGREEMENT — Page 3 SPANISH SUN ID4302 APPROVED therwise approved in writing by LESSOR. At all times, Exhibit C will reflect a true and DAT 06/01/22 description of the Premises. LESSEE shall cause all construction to occur lien -free and in ,U, -� ^2G22° 11 cc with all applicable laws and ordinances. LESSEE shall have the right to replace, repair, aua or otherwise modify its Communications Equipment, antennas, conduit or other improvements or any portion thereof and the frequencies over which the Communications Equipment operates, provided that such replacement, repair or modification does not substantially alter the Communications Equipment from what is described, listed and/or depicted in this Agreement. No advertising signage shall be placed on the Communications Equipment, except such signage as may be required by applicable Laws. (a) Master Declaration. LESSEE'S use of the Property and the Premises is subject to the terms, conditions and restrictions in that certain Declaration of Covenants, Conditions, Restrictions and Easements for the Ten Mile Crossing Subdivision recorded in the records of Ada County, Idaho, as Instrument No. 2016-065448, as supplemented and amended from time to time. 7. GOVERNMENTAL APPROVALS. LESSEE's Use is contingent upon LESSEE obtaining all of the certificates, permits and other approvals (collectively the "Government Approvals") .that may be required by any Federal, State or Local authorities (collectively, the "Governmental Entities"). LESSOR shall cooperate with LESSEE in its effort to obtain such approvals and shall take no action which would adversely affect the status of the Property with respect to LESSEE's Use. 8. MAINTENANCE. LESSEE will keep and maintain the Premises in good condition, reasonable wear and tear and damage from the elements excepted. 9. INDEMNIFICATION. (a) Assumption of Risk; Release. LESSEE and all those claiming through or under, including but not limited to employees, agents, customers, invitees, subtenants and concessionaires ("LESSEE Parties") shall store their property in and occupy and use the Premises solely at their own risk. LESSEE hereby releases LESSOR, and its respective affiliates, employees and agents ("LESSOR Parties"), from all claims by LESSEE or LESSEE Parties, including loss of life, personal or bodily injury, damage to merchandise, equipment, fixtures or other property, or damage to business (including business interruption) arising, directly or indirectly, out of or from or on account of such occupancy and use or resulting from any present or future conditions or state of repair thereof, except to the extent such claims are directly caused by the negligence of LESSOR and are not covered by insurance required to be carried by LESSEE hereunder. LESSOR and LESSOR Parties shall not be responsible or liable for damages to LESSEE, or to those claiming through or under LESSEE for any loss of life, bodily or personal injury, or damage to property or business that may be occasioned by or through the acts, omissions or negligence of any other person including, without limitation, other tenants, occupants or customers of any portion of the Property. LESSOR shall not be responsible or liable for damages at any time for loss of life, or injury or damage to any person or to any property or to the business of LESSEE or LESSEE Parties caused by or resulting from acts of God or the elements. LAND LEASE AGREEMENT — Page 4 SPANISH SUN ID4302 APPROVED (b) Indemnification. This Agreement is made on the express condition that ," E oAPPROVED R shall not be liable for, or suffer loss by reason of, injury to person or property, from 'U'`1B R A 2G22 95 r cause, in any way connected with the condition, use, occupational safety or occupancy of the Premises, specifically including, without limitation, any liability for injury to the person or property of LESSEE, LESSEE's agents, or any third patties left in LESSEE's care, custody or control. LESSEE hereby agrees to indemnify, and to hold harmless and defend LESSOR from and against all claims, losses, expenses or liabilities for injury or death to any person or for damage to or loss of use of any property arising out of any occurrence in, on or about the Premises, of caused or contributed to by LESSEE or LESSEE Parties or arising out of any occurrence in, upon or at the Premises, or on account of the use, condition, occupational safety or occupancy of the Premises (except to the extent caused by LESSOR's gross or sole negligence or willful misconduct). It is the intent of the parties hereto that the indemnity contained in this section shall not be limited or barred by reason of any negligence on the part of LESSOR or LESSOR's agents, except as expressly provided herein. Such indemnification shall include and apply to attorneys' fees, investigation costs, and other costs actually incurred by LESSOR. LESSEE shall further indemnify, defend and hold harmless LESSOR from and against any and all claims arising from any breach or default in the performance of any obligation on LESSEE's part to be performed under the terms of this Agreement. The provisions of this section shall survive the expiration or termination of this Agreement with respect to any damage, injury, death, breach or default occurring prior to such expiration or termination. 10. INSURANCE. LESSEE agrees that the Communications Equipment and all other fixtures and equipment and personal property belonging to LESSEE and located in or about the Premises shall be at the sole risk of LESSEE, and LESSOR shall not be liable for the theft or misappropriation thereof, nor for any damage or injury thereto, nor for any damage or injury to LESSEE, its subtenant(s), agents, employees and licensees or invitees, or to any other persons or to any property caused by fire, explosion, wind, water, rain, snow; frost, steam, gas, electricity, any Acts of God, heat or cold,, or by any act or neglect of any other person, it being the obligation of LESSEE to insure its personal property and Communications Equipment. LESSEE Obligations: (a) Types of Insurance Required. During the Term, LESSEE will maintain at its expense the following types of insurance: (i) workers' compensation in an amount required by law; (ii) employer's liability insurance in the amount of $1,000,000.00 for each accident for bodily injury by accident and $1,000,000.00 for each employee for bodily injury by disease; and (iii) commercial general liability with a per occurrence limit of $2,000,000.00 and a general aggregate of $4,000,000.00 for bodily injury and property damage on an occurrence basis and containing an endorsement having LESSOR and the Additional Insureds listed as additional insureds, a separation of insured provision, a waiver of subrogation in favor of LESSOR, its agents, employees and lender, an aggregate limit per location endorsement, a deletion of contractual liabilities exclusion for personal injury and advertising injury liability, and no modification that would make LESSEE's policy excess or contributing with LESSOR's liability insurance. (b) Policy Requirements. All policies will be issued by carriers having ratings of Best's Insurance Guide A and VIII, or better, and admitted to engage in the business of insurance LAND LEASE AGREEMENT — Page 5 SPANISH SUN ID4302 E IDI� 11 APPROVED DAT osrovz2 C;%Uld B;R'A-2G22 ss All policies must be endorsed to be primary and noncontributing with the policies of being excess, secondary and noncontributing. Any policy or endorsement form must be in advance by LESSOR. No policy will be canceled, non -renewed or materially without thirty (30) days prior written notice by insurance carrier to LESSOR. LESSEE must immediately notify LESSOR in writing if any aggregate limit is reduced below 75% of the limit required by this section because of losses paid. No policy will contain a deductible or self - insured retention in excess of $5,000.00 without the prior written approval of LESSOR. If the forms of policies, endorsements, certificates, or evidence of insurance required by this section are superseded or discontinued, LESSOR will have the right to require other equivalent or .better forms. (c) Evidence of Coverage. Evidence of the insurance coverage required to be maintained by LESSEE under this section, represented by certificates of insurance issued by the insurance carrier, must be furnished to LESSOR prior to occupying the Premises and at least thirty (30) days prior to the expiration of current policies. Copies of all endorsements required by this section must accompany the certificates delivered to LESSOR. The certificates will state the amounts of all deductibles and self -insured retentions and that LESSOR will be notified in writing thirty (30) days prior to cancellation, material change, or non -renewal of insurance. If requested in writing by LESSOR, LESSEE will provide to LESSOR a certified copy of any or all insurance policies or endorsements required by this section. (d) Failure of LESSEE to Insure. In the event LESSEE shall fail to purchase and keep in force any of the insurance required of LESSEE in this Section 10, LESSOR may, but shall not be required to, purchase and keep in force the same, in which event LESSEE shall pay to LESSOR the full amount of LESSOR's expense with respect thereto, said payment to be made within ten (10) days after demand for such payment by LESSOR. The election by LESSOR to purchase said insurance on behalf of LESSEE shall not constitute a curing of the default occasioned by LESSEE's failure nor be an election of remedies otherwise available to LESSOR. (e) Adjustment of Coverage. Not more frequently than every 3 years during the Term if, in the opinion of LESSOR based on industry and local standards, the amount of public liability and property damage insurance required to be carried and maintained by LESSEE is at the time not adequate, LESSEE shall increase insurance coverage as reasonably determined by LESSOR to be adequate. 11. INTERFERENCE. LESSEE agrees that LESSEE will not cause interference that is measurable in accordance with the then industry standards to LESSOR's equipment or the then existing equipment of occupants of the Property. LESSOR agrees that LESSOR will not cause interference that is measurable in accordance with the then industry standards to the then existing equipment of LESSEE. LESSOR agrees that if there are existing radio frequency user(s) on the Property, LESSOR will provide LESSEE with a list of all existing radio frequency user(s) on the Property to allow LESSEE to evaluate the potential for interference. LESSOR agrees that LESSOR will not install other equipment that is of the type and frequency that may cause harmful interference which is measurable in accordance with then existing industry standards to the then existing equipment of LESSEE. In no event shall any modifications to LESSEE's LAND LEASE AGREEMENT — Page 6 SPANISH SUN ID4302 APPROVED nications Equipment cause harmful interference to existing equipment of LESSOR or DAT 06/01/22 Icui)ants or tenants in use at the time of the modification. J%Uld B;R'A-2G22 ss 12. TERMINATION. LESSEE may, unless otherwise stated, immediately terminate this Agreement upon written notice to LESSOR in the event that (i) any application for a Governmental Approval should be finally rejected; (ii) any Governmental Approval issued to LESSEE is canceled, expires, lapses or is otherwise withdrawn or terminated by any Government Entity; (iii) LESSEE determines that any Governmental Approval may not be obtained in a timely manner; or (iv) at any time before LESSEE commences any modifications to the Premises and/or Property for its installation of any of LESSEE's Communications Equipment for any reason or no reason in LESSEE's sole discretion (collectively "Early Termination"). Upon LESSOR's receipt of any such Early Termination notice and the date of termination stated therein this Agreement shall have no further force and effect except for representations, warranties, indemnifications that survive its expiration of earlier termination. 13. REMOVAL AT END OF TERM. Upon expiration of the Term, or within thirty (30) days after any earlier termination of the Agreement, LESSEE shall remove LESSEE's and any subtenant's Communications Equipment, including concrete footings to three (3) feet below grade, and restore the Premises substantially to its original condition, reasonable wear and tear and casualty damage excepted. LESSOR agrees and acknowledges that all of the Communications Equipment shall remain the personal property of LESSEE or its subtenants (as applicable) and LESSEE and its subtenants shall have the right to remove the same at any time during the Term, whether or not said items are considered fixtures and attachments to real property under applicable laws. If such time for removal causes LESSEE to remain on the Premises after termination of this Agreement, LESSEE shall become a month -to -month tenant and shall pay rent at one hundred fifty percent (150%) of the then existing monthly rate or on the existing monthly pro-rata basis if based upon a longer payment.term, until such time as the removal of the Communications Equipment is completed. 14. HOLDOVER. If upon expiration of the Term the Parties are negotiating a new lease or a lease extension, then this Agreement shall continue during such negotiations on a month to month basis at the rent in effect as of the date of the expiration of the Term. In the event that the Parties are not in the process of negotiating a new lease or lease extension and LESSEE holds over after the expiration or earlier termination of the Term, then LESSEE shall become a month to month tenant and shall pay rent at 150% of the then existing monthly rate or on the existing monthly pro-rata basis if based upon a longer payment term, until the removal of the Communications Equipment is completed. 15. SUBORDINATION. LESSEE agrees that at all times this Agreement and LESSEE's leasehold estate created hereby shall be subordinate to the lien of any mortgage, deed of trust or other encumbrance, together with any renewals, extensions or replacements thereof, now or hereafter placed, charged or enforced against LESSOR's interest in the Premises and/or the Property. Upon the request of LESSOR, LESSEE agrees to execute and deliver such documents (containing customary terms and conditions) as may be reasonably required to effectuate such subordination. In the event LESSEE shall fail, neglect or refuse to execute and deliver any such document within ten .(10) days after receipt by LESSEE of the document(s) to be executed by it, LAND LEASE AGREEMENT — Page 7 SPANISH SUN ID4302 APPROVED t such subordination, LESSEE hereby irrevocably appoints LESSOR, and LESSOR's DAT 06/01/22 ors and assigns, the true and lawful attorney -in -fact of LESSEE to execute and deliver in A2G22 95 E's own name any and all such documents for and on behalf of LESSEE in connection with such subordination. 16. QUIET ENJOYMENT. LESSOR covenants that LESSEE, on paying the Rent and other amounts payable by LESSEE under this Agreement, and performing the covenants, terms and conditions of this Agreement required of LESSEE to be kept and performed, may have, hold and enjoy the Premises during the Term hereof. 17. TITLE. LESSOR represents and warrants to LESSEE as of the execution date of this Agreement, and covenants during the Tenn that LESSOR is seized of good and sufficient title and interest to the Property and has full authority to enter into and execute this Agreement. LESSOR further covenants during the Term that there are no liens, judgments or impediments of title on the Property, or affecting LESSOR's title to the same and that there are no covenants, easements or restrictions which prevent or adversely affect the use or occupancy of the Premises by LESSEE as set forth above. The Communications Equipment shall be deemed personal property for purposes of this Agreement, regardless of whether any, portion is deemed real or personal property under applicable law, and LESSOR consents to LESSEE's right to remove all or any portion of the Communications Equipment from time to time in LESSEE's sole discretion and without LESSOR's consent. 18. ATTORNMENT. In the event of a sale or conveyance by LESSOR of the Premises and/or the Property, other than a transfer for security purposes only, LESSOR shall be relieved from all obligations and liabilities accruing thereafter on the part of LESSOR, provided that any funds in the hands of LESSOR at the time of transfer in which LESSEE has an interest, shall be delivered to the successor of LESSOR. This Agreement shall not be affected by any such sale and LESSEE agrees to attorn to the purchaser or assignee provided that all LESSOR's obligations hereunder are assumed in writing by the transferee. 19. GOVERNING LAW. This Agreement and the performance thereof shall be governed, interpreted, construed and regulated by the Laws of the State in which the Property is located. 20. ASSIGNMENT SUBLETTING AND MORTGAGING. a. Assignment. Without any approval or consent of the other Party, this Agreement may be sold, assigned or transferred by either Party to (i) any entity in which the Party directly or indirectly holds an equity or similar interest; (ii) any entity which directly or indirectly holds an equity or similar interest in the Party; or (iii) any entity directly or indirectly under common control with the Party. LESSEE may assign this Agreement to any entity which acquires all or substantially all of LESSEE's assets in the market defined by the FCC in which the Property is located by reason of a merger, acquisition or other business reorganization without approval or consent of LESSOR. As to other parties, this Agreement may not be sold, assigned or transferred without the written consent of the other Party, which such consent will not be unreasonably withheld, delayed or conditioned. No change of stock ownership, partnership interest or control LAND LEASE AGREEMENT — Page 8 SPANISH SUN ID4302 APPROVED lent EE or transfer upon partnership or corporate dissolution of either Party shall constitute an DAT 06/01/22 hereunder. J%Uld B;R'A-2G22 ss b. Sublease. LESSEE shall have the right to enter into a sublease with a telecommunication carrier for ground and/or tower space within the Premises without the prior consent of LESSOR; however such sublease shall not relieve LESSEE of its obligations under this Agreement, including payment of Rent. Any sublease shall specify that it shall terminate upon the termination of this Agreement for whatever reason. G. Mortgage. LESSOR agrees that LESSEE may mortgage, hypothecate or grant a security interest in the Agreement and the Communications Equipment, and may assign the Agreement or any rights therein and the Communications Equipment to any mortgagees or holders of security interests, including their successors or assigns (collectively "Mortgagees"), provided such Mortgagees interests in the Agreement are subject to any and all of the terms and provisions of the Agreement. In such event, LESSOR shall execute such consent or acknowledgements to leasehold financing as may reasonably be required by Mortgagees. Execution of any Mortgagee required documents shall not be unreasonably withheld, conditioned or delayed. 21. NOTICES. All notices hereunder must be in writing and shall be deemed validly given if sent by certified mail, return receipt requested or by commercial courier, provided the courier's regular business is delivery service and provided further that it guarantees delivery to the addressee by the end of the next business day following the courier's receipt from the sender, addressed as follows (or any other address that the Party to be notified may have designated to the sender by like notice): LESSOR: Brighton Investments, LLC and SCS Investments, LLC 12601 W. Explorer Drive, Suite 200 Boise, Idaho 83713 Attention: Property Management LESSEE: Horizon Tower Limited Partnership-Il Horizon Tower, LLC 117 Town & Country Drive, Suite A Danville, CA 94526 Notice shall be effective upon actual receipt or refusal as shown on the receipt obtained pursuant to the foregoing. 22. SPECIAL PROVISIONS. (a) Site Layout. Prior to construction, LESSEE shall submit to LESSOR the following plans for review by LESSOR, who shall review and approve, comment or reject said plans within fourteen (14) business days of LESSOR's receipt: site plan, elevation plan with colors LAND LEASE AGREEMENT — Page 9 SPANISH SUN ID4302 (E IDI� LA\,- APPROVED lerials show, landscape plan, utility plan Da:e 06/01/22 �tructed of metal. : J R'A-za 2 11 In no event shall.any carrier's equipment shelter (b) Advertising. No part of the Premises or Improvements may display any advertising. (c) Tower. The tower installed on the Premises shall be disguised to look like a pine tree as depicted on the plans approved by LESSOR. LESSEE shall not alter or modify such fagade without prior written consent of LESSOR. 23, SUCCESSORS. This Agreement shall extend to and bind the heirs, personal representative, successors and assigns of the Parties hereto. 24. DEFAULT. It is a "Default" if either Party fails to comply with this Agreement and does not remedy the failure within thirty (30) days after written notice by the other Party or, if the failure cannot reasonably be remedied in such time, if the failing Party does not commence a remedy within the allotted thirty (30) days and diligently pursue the cure to completion within ninety (90) days after the initial written notice. The cure periods set forth in this Section 24 do not extend the period of time in which either Party has to cure interference pursuant to Section 11 of this Agreement. Notwithstanding anything to the contrary in this Section 24, LESSEE's failure to pay any installment of annual rent within ten (10) days following its due date, shall constitute a material default and breach of this Agreement by LESSEE. 25. REMEDIES. In the event of a Default, without limiting the non -defaulting Party in the exercise of any right or remedy which the non -defaulting Parry may have by reason of such default, the non -defaulting Party may pursue any rights and/or remedies now or hereafter available to the non -defaulting Party under this Agreement or allowed in equity and/or under the Laws or judicial decisions of the state in which the Property is located. Further, upon a Default, the non - defaulting Party may at its option (but without obligation to do so), perform the defaulting Party's duty or obligation and the reasonable costs and expenses of any such performance by'the non - defaulting Panty shall be due and payable within thirty (30) days by the defaulting Party upon receipt of an invoice accompanied by reasonable support documents therefor. 26. ENVIRONMENTAL. LESSEE shall conduct its business in compliance with all applicable laws governing the protection of the environment or employee health and safety ("EH&S Laws"). LESSEE shall indemnify and hold harmless LESSOR from claims to the extent resulting from LESSEE's violation of any applicable EH&S Laws or to the extent that LESSEE causes a release of any regulated substance to the environment. The Parties recognize that LESSEE is only leasing a small portion of LESSOR's property and that LESSEE shall not be responsible for any environmental condition or issue except to the extent resulting from LESSEE's specific activities and responsibilities. In the event that LESSEE encounters any hazardous substances that do not result from its activities, LESSEE may relocate its facilities to avoid such hazardous substances to a mutually agreeable location or, if LESSEE desires to remove at its own cost all or some of the hazardous substances or materials (such as soil) containing those hazardous substances. LAND LEASE AGREEMENT — Page 10 SPANISH SUN ID4302 APPROVED 27. CASUALTY. In the event damage by fire or other casualty to the Premises impairs ," E oAPPROVED D IEs Use, rent shall abate until LESSEE's Use is restored. If LESSEE's Use is not restored ''.E'E MB; R:A-2G22G095 ffoily-five (45) days, LESSEE may terminate this Agreement. 28. CONDEMNATION. In the event any condemnation of all or any portion of the Property or Premises impairs LESSEE's Use, LESSEE may terminate this Agreement. LESSEE may, on its own behalf, make a claim in any condemnation proceeding involving the Premises for losses related to LESSEE's Communications Equipment, related costs and, specifically excluding loss of LESSEE's leasehold interest, any other damages LESSEE may incur as a result of such condemnation. 29. APPLICABLE LAWS. LESSEE shall, in respect to the condition of the Premises and at LESSEE's sole cost and expense, comply with (i) all laws relating solely to LESSEE's specific and unique nature of use of the Premises; and (ii) all building codes requiring modifications to the Premises due to the improvements being made by LESSEE in the Premises. It shall be LESSOR's obligation to comply with all laws relating to the Property. 30, SURVIVAL. The provisions of the Agreement relating to indemnification from one Party to the other Party shall survive any termination or expiration of this Agreement. Additionally, any provisions of this Agreement which require performance subsequent to the termination or expiration of this Agreement shall also survive such termination or expiration. 31. MISCELLANEOUS. This Agreement contains all agreements, promises and understandings between LESSOR and LESSEE regarding this transaction, and no oral agreement, promises or understandings shall be binding upon either LESSOR or LESSEE in any dispute, controversy or proceeding. This Agreement may not be amended or varied except in a writing signed by all Parties. This Agreement shall extend to and bind the heirs, personal representatives, successors and assigns hereto. The failure of either party to insist upon strict performance of any of the terms or conditions of this Agreement or to exercise any of its rights hereunder shall not waive such rights and such party shall have the right to enforce such rights at any time. The performance of this Agreement shall be governed, interpreted, construed and regulated by the laws of the state in which the Property is located without reference to its choice of law rules. Except as expressly set forth in this Agreement, nothing in this Agreement shall grant, suggest or imply any authority for one Party to use the name, trademarks, service marks or trade names of the other for any purpose whatsoever. The provisions of the Agreement relating to indemnification fiom one Party to the other Party shall survive any termination or expiration of this Agreement. This Agreement and all ancillary documents executed by the parties in connection herewith may be executed by facsimile or in multiple counterparts, each of which shall be deemed to be an original but all of which, together, shall constitute one and the same instrument. [End of Text; Signatures on Next Page] LAND LEASE AGREEMENT — Page 11 SPANISH SUN ID4302 APPROVED DAT osrovz2 '' E''U'`1R � A2G22D095 IN WITNESS WHEREOF, intending to be bound the parties have executed and entered into is Agreement, as of the date first above written as the Effective Date. LESSOR: Brighton Investments LLC, SCS Investments LLC, an Idaho limited liability company an Idaho limited liability company By: By: David W. Turnbull, Managin5 14 wWv even C. Smi h, Manager Date: J0, �w LESSEE: Date: _CJw� Horizon Tower Limited Partnership -II, a Kansas limited partnership By Horizon Tower, rN, a Delaware limited liability company, its Operations Manager By: Title: Date: LAND LEASE AGREEMENT — Page 12 SPANISH SUN ID4302 APPROVED DAT osrovz2 SCE BASIS OF BEARINGS: EXHIBIT A Description of Property The North line of the Southwest Quarter of Section 14, Township 3 North, Range 1 West, Boise Meridian, derived from found moninnents and taken as South 89011'34" East with the distance between monuments found to be 2,656.39. Beginning at a point on the North line of said Southwest Quarter of Section 14, Township 3 North, Range 1 West, Boise Meridian from which the West Quarter corner of said Section 14 bears North 89011'34" West a distance of 36.00 feet; thence along said North Line, South 891'11'34" East to the Center Quarter comer of said Section 14 a distance of 2,620.39 feet; thence leaving said North Line and along the East line of said Southwest Quarter, South 00135'28" West to a point on the Northerly Right -of -Way on Interstate 84 a distance of 1,344.66 feet; thence along said Right -of -Way, North 89034'03" West a distance of 501.27 feet; thence continuing along said Right -of -Way, North 81001'33" West a distance of 28.65 feet; thence leaving said Right -of -Way, North 00146'45" West a distance of 15.10 feet; thence North 59140'21" West a distance of 883.45 feet; thence North 55013'21" West a distance of 837.82 feet; thence North 40044'57" West a distance of 183.51 feet; thence North 39038'38" West a distance of 352.80 feet; thence North 88133' 15" West to a point on the Easterly Right -of -Way of Ten Mile Road, a distance of 281.14 feet; thence along said Right -of -Way, North 00130' 10" East a distance of 16.40 feet to the POINT OF BEGINNING. EXCEPTING THEREFROM: Any portion lying with TM Crossing Subdivision. ALSO EXCEPTING THEREFROM: Right of Way Area No. 1, Right of Way Area No. 2 and Right of Way Area No. 3 as disclosed in Correction General Warranty Dees recorded January 11, 2017 as Insh ament Nos. 2017-003267 and 2017-003268. EXHIBIT A SPANISH SUN ID4302 E IDI� 11 APPROVED DAT 06/01/22 C;`IUtIB;R'A-2G22 ss EXHIBIT B Depiction of Premises PrOMM40 wx") �..i Aeee■ar .1 v........... r........1 I In. u: n u. nll'1HV�'Ilnlrur�IJ1VJJ / III IIII� �) IIIIII�oll� - n uulllmll n�l 11 rnun •. jj���j�j� �fJ IfIjjIIIIIIIIf r1H1111JI111 IluFinll+I+ (• _ 1 �JITT�1TIil) �IIIIIIl(I�jllillllllo n HH14FfkFt}�4+l-H4I -H+4441 unnnnunnullnlullunulnu IIIIIIIIIUIIIIIIII�O,II�IIIIIU nnllnnmunnnll unnlnun � ;` 'II"U(TTII(f )I1IIfIIIU HHHF1t+I+I+Ii++I4 CF+Fl�l+t+l+Il - I >; u nlnnwnnnnnuunnnnlu - r I _ i n nnnlnuunnnminuulnln H+ N H Ft}� 1+1+1+1+1+1 /.y:,.��•�. '.,' ." ;I L,,,,Illillll llu{+lll11.1111 j Ul C- nullnllmnulllnl IIIIIillll H 44H M FI FH+I+NHI+H H F+I+i-H-H-Hn I = �! l IIIIII II u I I I11. 1 11 11 tJ 11 I I I I I I I I I a �a uUuL.L, nnnln llunilnl -a uu.uw.J,lJeu,uu.w .- r� ..1-MCCURSION W. —------- ----- 1 INSET: Premises (40x60) Access 1ITi1I II TTTI, '1I'1111UlIrrI:-rIITIIIT;I�I`�rLrr�1I�T l I I I I I I I I I n I 1 1 1 1 1 1 1 1 1,I n I I I; m r i H H H H H I+I+f-H-H H•H-I +I-H I - IIIIIIIII u II III I I I I I I u IIIII - II1i1IIII n IIII1IIIII1 n IIIIIIiIIII n _ I-14 H R41+I+I-H-H F+1+1+1+1+1-H I - � I i I I I I I I u I I I I I I I I I I I u I I I I I I I I I I I u 11 1 1 I 141 I n I I l I I I n I I I l I l l l l l l n - 1111 H H H I+I+I+I-H 41 H•I 1+I-H-H I I I I I I II I I u I I I I I I I I III u II I111, 1111 u _ I I I I I 1 1 1 n i 1 1 I I 1 1 1 1 1 1 n 1 1 1 1 i l I l l l i n I. 14 H 41+I+I+I4+H 44-f-1+1-H-H I - J 1 11 III I I u l 1 1 1 1 1 1 11 I I u i i I i I I I I I I I u IIIIIIII n I1111111III M i11I11I1I11 n H K H H-H I+I+hH+I H+W+I+1+1-H I IIIIIIIuIIIIIIIIIIIuIIIIIIIIIIILl _�7 I I111III nIi�111IIIIInI11111 IIIIlr-j _--i Ll u. u u.u.I.Li.Llll1.1 LLU.I,L4Ll-u-u ■rllrrr ■rrrrr rr rrrrrrr■rr■w. ■i.. �■ � rr�w EXHIBIT B SPANISH SUN ID4302 E IDI� 11 APPROVED DAT osrovz2 C;%Uld B;R'A-2G22 ss EXHIBIT C Communications Equipment EXHIBIT C SPANISH SUN ID4302 l E IDI� I.A\ - W �� z 5 w N 3 �� ® �� 0<(o zOU a jig o az za zw WNN OQ w Z [APPROVED N�$ _� ggppAB NN w 06/01/22 ���++ z Z UMB;R:A-20220095 o Q o z 0 13 p � � O Z F N N N 3 O O C x90 9e CZ z�BWf3 a. m§ CCL E a�� O �< Q a 9 0 h N uoz� p�j , ff i a rc �[ui n a U t) da. Lo7 a k z�o MaN F r• O � a p a I w @a 0 KN � w3p 2 u1 z x QZ Z� Z O � p 2 W O „_ # H S O 000 ul O Cow sa�Z W �� 3 Z Z❑ V C .... .. .! �2; ci Q uUu ll O a O X Ca C co Z �oID U 9� IV --� w a 4 f t F' }} > ��� a m� OC e- Z '< S p 2� 5 Q E IN b a _ j f z �s� .. 15 3�P6 J g w 3� O $ O N' CQ Op tNr 2v $ N ; 5 LL 0< LL Nay E 'a tNE G Q i 3S� 7Sl3 �bm E dd S AS �p{WyjZJ APPROVED )A:P 06/01/22 C; %Uld B;R' A-2G22 -11 J g 0-0 HUM d e 6U N 4- 5 tt��� QF $X UnB Nip @@pp R t 49 eSaS3 1 I'A a` H iQ 9 Boa N age ok � e w HIPPl l� aaE cgs oa 51Wa a 5 2 ��m l_ .;�� a $ a ��Ili�l�ll�':II (IIIIIII jaaa � � �� � � �� a�� �� g a 3 Hug I • , a o 41 < �-' Jill z j Z ro Z APPROVED •� s?�a" p1 a z z = s w z N )AT06/01/22 o b 9 zG; EE€ K LU m a j%UId B;R:A 2022-11 (� d O U 4�3a9� Sy 0 3 x 8 I I I 1 I I I 1 I I 1 i j � I I 1 I I I I I I I i I I I I I I I I i I I I I -- —NI 13NUN3S S--i--__.P.---_— I I I I I / I / / �" _---T----r---� �LU L i E IDI.1\ _ APPROVED )AT06/01/22 :jj%Ul,ja_eA-2G22 ss > N �%��/// j a w o > C qLr.l C)U Z� ~ �W O G ZZ tL 0 0 gg 5pp k$�5N 5��°� F zz Zw oa OO o Z �, pa- 0 3 W x Z Z U m z k a I I I I I I I I I I I I I I I I I I I s t122 i I $ & I o� LI a� I I I --------- I I I I I I I I I I I I I I I I I L---------- I I I Im D— wE z � g 9 Z O® 0 N ZAPPROVED N M� 31 $ 151 Zoz Nw z _ N 06/0 m§j z wz Nuww1� . �J :I-2022 0095 4 z a $ U �g�vk x Ooff d E IDI� 11 APPROVED DA EI 06/01/22 C; %Uld B;R' A-2G22 -11 EXHIBIT E Memorandum of Lease HT SITE: SPANISH SUN — ID4302 - Verizon Site: Happy Camper / Page 17 APPROVED FHEN ING REQUESTED BY )A:E ooiovz2 RECORDED RETURN TO: CE%UldBER:A-2G22 ss (Space above this line for recorder's use) MEMORANDUM OF TOWER LEASE This Memorandum of Tower Lease is entered into on this day of , 20, by and between Horizon Tower Limited Partnership -II, a Kansas limited partnership, by Horizon Tower, LLC, a Delaware limited liability company, its Operations Partner, with an office at 117 Town & Country, Suite A, Danville, CA 94526, (hereinafter referred to as "Landlord"), and Verizon Wireless (VAW) LLC, dba Verizon Wireless (hereinafter referred to as "Tenant"). 1. Landlord and Tenant entered into a Tower Lease dated , 20_ ("Lease"), for the purpose of leasing space on Landlord's communications tower and real property described in Exhibit A hereto and installing associated communications equipment thereon. 2. The term of the Lease is for ten (10) years, as may be further extended pursuant to the terms of the Lease. IN WITNESS WHEREOF, the parties have executed this Memorandum of Tower Lease as of the day and year first above written. THE REMAINDER OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK HT SITE: SPANISH SUN — IU4302 - Verizon Site: Happy Camper / Page 18 APPROVED )N:; 06/01/22 C;%Uld B;R'A-2G22 ss Tower, LLC By: Name: John Kapulica Title: Chief Executive Officer Date: TENANT: Verizon Wireless (VAW) LLC d/b/a Verizon Wireless By: _ Name: Title: Date: HT SITE: SPANISH SUN — ID4302 - Verizon Site: Happy Camper / Page 19 APPROVED ORD Da_E 06/01/22 ry public or other officer completing this certificate verifies only the identity of the individual UtIa_e:A 2G22 -ss igned the document to which this certificate is attached, and not the truthfulness, accuracy, or v of that document. STATE OF ) ss: COUNTY OF ) On the day of 20 , before me, , Notary Public, personally appeared , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal Signature TENANT ACKNOWLEDGMENT State of County of On , 20_, before me, , Notary Public, personally appeared , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of Arizona that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Notary Public HT SITE: SPANISH SUN — ID4302 - Verizon Site: Happy Camper / Page 20 E IDIAN — 11 APPROVED DAT 06/01/22 �IJ %V,9;R:- I EXHIBIT A MEMORANDUM OF LEASE (Legal Description of Landlord's Property) An approximate 2400 square foot portion, together with access and utility casements, described as: LEASE SITE DESCRIPTIOM A LEASE SOTE WOTHIN THE XORTHF643T 14 Of I'llff SO UT"WEST IM OF SECTION 14, TOIAWSHW 3 NAORT141, RANGE 11VEST, B(A)SE MERVAN, AaA COUNTY, ALAI-J0,, UE WG A POn TIGN Or-- LES-SOP, t PARCEL AS Sh(O WN ON SPANISN S UPI LEASE SfTE- SURVEY TKATACCCAVPAPPES THS DESCPIPTJOM B-01M3 MORE PAHTJCLA-APLY VESCI-.4BED AS FOLLGWS- GOMMENCING AT THE CENTER QUAliTER G-ORNER OF SECTION 14 MONUmENTED BY A FOUND Offl IR10N REBAiR AS S I-IOWN ON CORNER RUCORD INSTRUMENT NO, UW074836 i FROM WHrL;H THE WEST OLIARTER CORNER OF SECTION K. 1JONUMENTE-13 BY AFGUNDALUMINUM CAP AS SH[OWN ON CORNER RGOORD INSTRUMENT NO. 11022fWS BEARS NORTH 89411W WEST, 2666,46 FEET; THENCE S0U1H'59'1T58'WEST-,1Q052 FEET,,, THENCE NORTH 534411'2B Vrp--ST:. 15B,713 FEET; THENCE SOUTH 00'4812" WEST, GAO FEET TO THE POINT OF BEGFNNING; THENCE SOUTH 09'1178" EAST 60.00 FEET; THENCE SOUTH G,0'4a'32!"WE&T. 40-OG FEET; THENCE NORTH 9,91112,61 WEST, W.D17; THENCE NORTH DW46'32" EAST, 40,00 FEET TO THE POWT OF BEQINNING� fX314TAINING 2,400 SCAJARF, FEET kMRF OR 1-175S ACCESS & UTILITY EA8EMENT OESCRIPTION� A 12-FOOT I4YDE ACCESS S, UPLITYEASElAr-AlTVOTHIN THE NOAnW-4,STIfs OF THE SOVY-HWEST V4 OF SECTRON 14, TOWNS"IP 314ORTH, RANOE I IWST, HWSET MEMWA4 ADA COUNTY, 0.4410,13EAVG A POT UTON Or LESSORsA4RCC-L AS SHOWN ON THE SPANfSH 91)PI LEASE S17E SURVEY THATACCOAfPAPPES TH?S LjESO'�?P[Xvj, f HL; CEN f Enj-wE, HEmG udt& PAPrjC0JL-P4?LY L-,L'8C1?JBEVAS FOLLOWS: COMMENCWG AT THE CENTER QUATER CORNER OF SECTION 14 rVIONNUMENTED BYA FOUNDSIV'IRON REBARAS SHOWN W CONNER RECORD INSIRUIAENTNO. 10074436, FROM WHICH THE. VVES'T QUARTER CORNER OF SECTlom 14, MONUMENTED BY A. FCOLIND ALUMINUM CAP AS SHOWN ON CORNER RECORD INSTRUMENT No. I W22595 BEARS NORTH 1194 1'29'WEsr, n56.45 FEET; 1-110"CE, SOUTH 59'1 TEW WEST, 100.52 FEET TO THE POINT Of BEGINNING; THENCE BEING G-FEET LEFT ANO RIGHT OF THE FOLLOWING DESCRIBED CENTERLINE;. NORTH 89'1 T20 WEST, 10,743 FEET TO T POINT OF TERIMNUS, THE SIDE LINES (IF THERE FA;SFMPNTS ARE TO BE I-0413THENED OR SHORTENED TO FORM A CLOSED FIGURE CONITAINING 1,90tj SQUARE FEET PADRE OR LESS. HT SITE: SPANISH SUN — ID4302 - Verizon Site: Happy Camper / Page 21