<PAGE>
EXHIBIT 3.1
ASSET PURCHASE AGREEMENT
By and Between
LOUISIANA UNWIRED L.L.C.,
Seller
AND
SBA PROPERTIES, INC.,
Purchaser
____________________________________
Dated as of December 18, 2000
____________________________________
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TABLE OF CONTENTS
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AGREEMENT..................................................................................................... 5
ARTICLE I-DEFINITIONS......................................................................................... 5
1.1 Defined Terms........................................................................................ 5
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ARTICLE II-PURCHASE AND SALE.................................................................................. 8
2.1 Sale and Purchase of Assets.......................................................................... 9
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2.2 Purchase Price; Payments............................................................................. 9
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2.3 Assumption of Certain Obligations and Liabilities.................................................... 11
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2.4 Closings............................................................................................. 11
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2.5 Execution and Delivery of Closing Documents; Other Deliveries........................................ 12
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2.6 Structural and Environmental Review Period; Put Back Rights.......................................... 12
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2.7 Tower Exclusion Adjustment........................................................................... 14
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2.8 Notice and Option Right.............................................................................. 14
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2.9 Allocation of Transfer, Property and Other Taxes..................................................... 14
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ARTICLE III-REPRESENTATIONS AND WARRANTIES OF SELLER.......................................................... 15
3.1 Organization And Good Standing; Power And Authority; Authorization And Validity...................... 15
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3.2 Title; Assets........................................................................................ 15
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3.3 Commitments.......................................................................................... 16
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3.4 No Violation; Restrictions, Required Licenses, Permits, Etc.......................................... 16
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3.5 Taxes................................................................................................ 16
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3.6 Consents............................................................................................. 17
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3.7 Financial and Tax Information........................................................................ 17
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3.8 Litigation........................................................................................... 17
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3.9 Environmental Matters................................................................................ 17
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3.10 Real Estate Matters............................................................................... 17
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3.11 Antenna Site Agreements........................................................................... 18
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3.12 Brokers' Fees..................................................................................... 18
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3.13 Compliance with Laws; Approvals................................................................... 19
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3.14 Disclosure........................................................................................ 19
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3.15 Mechanic's Liens.................................................................................. 19
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ARTICLE IV-REPRESENTATION AND WARRANTIES OF PURCHASER......................................................... 19
4.1 Organization and Good Standing; Power and Authority; Authorization and Validity...................... 19
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4.2 No Conflict.......................................................................................... 19
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4.3 Consents............................................................................................. 19
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4.4 Brokers.............................................................................................. 20
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4.5 Financial Qualifications............................................................................. 20
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4.6 Solvency............................................................................................. 20
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4.7 Disclosure........................................................................................... 20
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4.8 Litigation........................................................................................... 20
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ARTICLE V-COVENANTS........................................................................................... 20
5.1 Cooperation.......................................................................................... 20
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5.2 Confidentiality...................................................................................... 20
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5.3 Conduct of Business Before Closing Date.............................................................. 21
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5.4 Access............................................................................................... 21
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5.5 Notice Of Material Change............................................................................ 21
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5.6 Seller's Employee Benefits........................................................................... 21
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5.7 Post Closing Audits.................................................................................. 21
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5.8 Legal Descriptions................................................................................... 22
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5.9 Title Insurance...................................................................................... 22
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5.10 Ground Leases..................................................................................... 22
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5.11 Exclusivity....................................................................................... 22
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5.12 Further Assurances................................................................................ 22
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5.13 Acquisition of Future Towers...................................................................... 22
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5.14 Tower Construction................................................................................ 23
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5.15 Hsr Act Compliance................................................................................ 23
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5.16 Condition of Assets; Intended Use................................................................. 24
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5.17 Nonassignable Contracts........................................................................... 24
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5.18 Casualty Sites.................................................................................... 24
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5.19 Zoning Inquiries.................................................................................. 24
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ARTICLE VI-PURCHASER'S CONDITIONS PRECEDENT................................................................... 25
6.1 Representations and Warranties....................................................................... 25
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6.2 Covenants............................................................................................ 25
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6.3 Proceedings.......................................................................................... 25
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6.4 No Material Adverse Change........................................................................... 25
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6.5 Consents............................................................................................. 25
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6.6 Legal Descriptions, Surveys and Title Policies...................................................... 26
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6.7 Lease Documentation.................................................................................. 26
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6.8 Estoppel and Consent................................................................................. 26
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6.9 Easements............................................................................................ 26
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6.10 Certificate....................................................................................... 26
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6.11 Release of Seller Indebtedness.................................................................... 26
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6.12 Title Policies.................................................................................... 26
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6.13 Ground Leases..................................................................................... 26
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6.14 All Conditions Satisfied.......................................................................... 27
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6.15 Financing Condition............................................................................... 26
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ARTICLE VII- SELLER'S CONDITIONS PRECEDENT.................................................................... 27
7.1 Representations And Warranties....................................................................... 27
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7.2 Covenants............................................................................................ 27
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7.3 Proceedings.......................................................................................... 27
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7.4 Consents............................................................................................. 27
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7.6 Certificate.......................................................................................... 27
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7.7 All Conditions Satisfied............................................................................. 27
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7.8 Nondisturbance Agreement............................................................................. 28
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ARTICLE VIII-INDEMNIFICATION; REMEDIES........................................................................ 28
8.1 Indemnity............................................................................................ 28
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8.2 Indemnification Conditions........................................................................... 28
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8.3 Specific Performance and Other Remedies.............................................................. 29
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8.4 Reliance on and Survival of Representations, Warranties, and Covenants............................... 29
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ARTICLE IX-TERMINATION........................................................................................ 30
9.1 Termination by Purchaser............................................................................. 30
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9.2 Termination by Seller................................................................................ 30
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9.3 Exclusion of Certain Towers.......................................................................... 30
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ARTICLE X-MISCELLANEOUS....................................................................................... 31
10.1 Amendment.......................................................................................... 31
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10.2 Assignment........................................................................................ 31
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10.3 Amendments; Remedies.............................................................................. 31
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10.4 Notices........................................................................................... 31
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10.5 Entire Agreement.................................................................................. 32
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10.6 Costs And Expenses................................................................................ 32
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10.7 Severability...................................................................................... 32
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10.8 Governing Law..................................................................................... 32
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10.10 Counterparts...................................................................................... 32
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<PAGE>
ASSET PURCHASE AGREEMENT
This ASSET PURCHASE AGREEMENT (this "Agreement") Agreement, dated as of
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December 18, 2000 (the "Effective Date" , is by and between SBA Properties,
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Inc., a Florida corporation ("Purchaser"), and Louisiana Unwired L.L.C., a
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Louisiana limited liability company ("Seller").
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RECITALS
A. Seller owns and operates communication towers and associated
equipment, land, ground leases and leases of tower space to tower tenants, as
more particularly described in this Agreement.
B. Seller is constructing or plans to construct additional
communication towers which Seller also will own and operate.
C. Purchaser is involved in the ownership, management, construction,
operation and maintenance of communication towers.
D. Seller desires to sell, and Purchaser desires to purchase, the
existing assets referenced in the first recital hereof as well as the planned or
future assets described in the second recital hereof (excluding PCS Assets, as
hereinafter defined), all in accordance with the terms and conditions of this
Agreement.
E. Seller also plans to construct additional towers, which Seller
shall have the obligation to offer for sale exclusively to Purchaser and which
Purchaser shall have the option to purchase, all in accordance with the terms
and conditions of this Agreement.
F. In an effort to close at least one hundred twenty-seven (127)
Towers (as defined herein) within calendar year 2000 in accordance with the
terms and conditions of this Agreement, Seller and Purchaser have agreed to
close such Towers prior to Purchaser's confirmation that all Conditions
Precedent contained in Article VI of this Agreement have been satisfied and,
accordingly, Purchaser shall retain certain put back rights with respect to such
Towers as described in this Agreement.
G. In connection therewith and subsequent thereto, Purchaser and
Seller shall enter into an Antenna Site Agreement (as defined herein) with
respect to each of the Towers whereby Purchaser shall lease to Seller, and
Seller shall lease from Purchaser, space on each of the Towers (as defined
herein) included in the Assets (as defined herein).
4
<PAGE>
AGREEMENT
NOW, THEREFORE, in consideration of the mutual representations,
warranties, and covenants herein contained, and on the terms and subject to the
conditions herein set forth, the parties to this Agreement agree as follows:
ARTICLE I-DEFINITIONS
1.1 Defined Terms. The following terms shall have the meanings
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ascribed thereto.
(a) "Affiliate" means, with respect to any Person, any other
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Person that, directly or indirectly, through one or more intermediaries,
controls, has the right to control (in fact or by agreement), is controlled by,
or is under common control with, such Person.
(b) "Antenna Site Agreement" means the Antenna Site Agreement
----------------------
substantially in the form attached hereto as Exhibit B that Seller and Purchaser
shall execute for each of the Towers sold pursuant to this Agreement.
(c) "Applicable Laws" means any law, rule, regulation, order,
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judgment, or determination of any governmental authority (or any restrictive
covenant or deed restriction, recorded or otherwise) applicable to the Seller
and/or the Assets, including without limitation the rules and regulations of the
FAA and the FCC.
(d) "Assets" means: (i) all of Seller's leasehold interest in
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the Land, and all Improvements, fixtures, and fittings thereon, and easements,
rights, and appurtenants thereto (such as appurtenant rights in and to public
rights-of-way, and other streets), (ii) the Towers and all tangible personal
property related to the design, operation, and maintenance of the Towers, (iii)
the Ground Leases, (iv) all Tower Leases, and (v) all of the following related
to the foregoing: (A) claims, deposits (except for funds deducted from the
Closing Prices pursuant to Section 2.2), prepayments (except for funds deducted
from the Closing Prices pursuant to Section 2.2), refunds, causes of action,
choses in action, rights of recovery, rights of set off, and rights of
recoupment (including any such item relating to the payment of Taxes), (B)
approvals, permits, licenses, orders, registrations, certificates, variances,
and similar rights obtained from governments and governmental agencies, (C)
books, records, ledgers, files, documents, correspondence, lists, plats,
architectural plans, drawings, specifications, creative materials, advertising
and promotional materials, studies, reports, and other printed, electronic, or
written materials related to the Assets, and (D) all currently existing and
hereafter arising proceeds of the foregoing; provided, however, that the
foregoing shall specifically exclude the PCS Assets.
(e) "Assumed Commitments" has the meaning set forth in Section
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2.3.
(f) "Casualty Site" means a Tower with respect to which a Force
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Majeure event or occurrence in the nature of a casualty typically insured
against through casualty insurance (excluding ordinary course deterioration or
ordinary wear and tear) has occurred following the date hereof, which event or
occurrence rendered such Tower unusable as a communications tower and would cost
over $25,000 to bring the condition of such Tower to its condition immediately
prior to such event or occurrence.
(g) "Closing" means any of the First Closing, Second Closing or
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Future Closings.
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(h) "Closing Date" means the day on which a Closing occurs.
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(i) "Closing Price" means, with respect to each Closing, the
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product of the Purchase Price times the number of Towers included in the Assets
to be sold at such Closing, as adjusted in accordance with Section 2.2(d)
hereof.
(j) "Consent" means any authorization, consent, approval,
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permit, or license of, or filing with, any governmental or public body or
authority, any lender or lessor, any franchisor, or any other person or entity.
(k) "Current Towers" means up to 300 Towers which are to be
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delivered pursuant to the First Closing and the Second Closing, including
without limitation, the Towers listed and described on Schedules 1 and 2
attached hereto and made a part hereof.
(l) "Damages" means losses, claims, obligations, demands,
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assessments, penalties, liabilities, costs, damages, interest, and expenses
(including attorneys' fees).
(m) "Deposit" has the meaning set forth in Section 2.2(b).
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(n) "Easements" means the access and guy wire easements
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reasonably deemed necessary by Purchaser.
(o) "Environmental, Health, and Safety Laws" means all
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Applicable Laws regarding environmental, health, and safety matters, including
without limitation the Comprehensive Environmental Response, Compensation and
Liability Act of 1980, the Resource Conservation and Recovery Act of 1976, and
the Occupational Safety and Health Act of 1970, each as amended, together with
all other laws (including rules, regulations, codes, plans, injunctions,
judgments, orders, decrees, rulings, and charges thereunder) of federal, state,
local, and foreign governments (and all agencies thereof) concerning pollution
or protection of the environment, public health and safety, or employee health
and safety, including laws relating to emissions, discharges, releases, or
threatened releases of (i) pollutants, (ii) contaminants, or (iii) chemical,
industrial, hazardous, or toxic materials or wastes into ambient air, surface
water, ground water, or lands, or otherwise relating to the manufacture,
processing, distribution, use, treatment, storage, disposal, transport, or
handling of (i) pollutants, (ii) contaminants, or (iii) chemical, industrial,
hazardous, or toxic materials or wastes.
(p) "Existing Tower Construction Site" has the meaning set forth
--------------------------------
in Section 5.14 hereof.
(q) "Expiration Date" has the meaning set forth in Section 5.13
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hereof.
(r) "FAA" means the Federal Aviation Administration, an agency
---
of the United States government.
(s) "FCC" means the Federal Communications Commission, an agency
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of the United States government.
(t) "First Closing" means the closing of the transactions
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contemplated by this Agreement that is to take place in accordance with Section
2.4(a).
6
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(u) "Force Majeure" means any act of God, including, without
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limitation, earthquake, hurricane, flood, tornado or fire.
(v) "Future Closing" means the closing or closings of the
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transactions that the parties hereto authorize as contemplated by this Agreement
that are to take place in accordance with Section 2.4(d).
(w) "Future Towers" means all Towers other than the Current
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Towers.
(x) "Future Towers Deposit" has the meaning set forth in Section
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2.2(b).
(y) "Ground Leases" means the ground leases that are to be
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assigned of record to Purchaser at Closing pertaining to the Real Property where
Land is ground leased from third party landlords, as listed on the attached
Schedules 1 and 2, which ground leases (or memoranda thereof) shall be in
recordable form.
(z) "Hazardous Materials" means any toxic substance as defined
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in 15 U.S.C. ss.ss. 2601 et seq., including materials designated as hazardous
substances under 42 U.S.C. ss.ss. 9601 et seq. or other Applicable Laws,
including without limitation, Environmental Health and Safety Laws, and toxic,
radioactive, caustic, or otherwise hazardous substances, including petroleum and
its derivatives, asbestos, PCBs, formaldehyde, chlordane, heptachlor, and any
substances having any constituent elements displaying any of the foregoing
characteristics, whether or not regulated by Applicable Laws.
(aa) "Improvements" means all Towers, buildings, improvements,
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fixtures, machinery, equipment, and other tangible assets forming a part of or
located on the Land and relating to the Assets.
(bb) "Indebtedness" has the meaning set forth in Section 6.12.
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(cc) "Land" means the land described (whether by legal
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description, site name, or address) on the attached Schedules 1 and 2, which
Land is owned by Seller or ground leased by Seller from third party landlords
pursuant to the Ground Leases.
(dd) "Litigation" means any pending, instituted, or threatened
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legal action or administrative proceeding or investigation.
(ee) "Minimum Number" has the meaning set forth in Section 5.13
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hereof.
(ff) "Order" means any continuing court or administrative order,
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judgment, writ, injunction, or decree applicable specifically to the Assets.
(gg) "Permitted Encumbrances" means, with respect to the Assets
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(both individually and collectively), any (i) lien for current real property
taxes and assessments not yet due and payable, which shall be prorated in
accordance with Section 2.2(d); (ii) covenants, conditions, restrictions, rights
of way, easements and other matters of the public record as of the date of
recording deemed by Purchaser, in its commercially reasonable discretion, to be
acceptable; and (iii) other matters acceptable to Purchaser, in its commercially
reasonable discretion, to which like properties are commonly subject and which
do not materially interfere with the benefits, use, enjoyment, value or
marketability of the Assets.
7
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(hh) "Person" means any natural person, corporation,
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partnership, limited liability company, trust and any other entity or
organization of any kind, including governmental or political subdivisions or
agencies or instrumentalities thereof.
(ii) "PCS Assets" means (i) Seller's wireless phone
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communications equipment, whether currently or hereafter located in or on the
Real Property including, without limitation, telecommunication equipment such as
PCS cabinets, power cabinets, antennae, coax cables, electric power poles,
breaker and meter boxes, battery/generator cabinets, multicouplers,
multiplexers, GPS antennae, battery back-up equipment and such other equipment
now or hereafter attached to any of the Towers pursuant to the Antenna Site
Agreements for such Towers, but excluding all Towers, Ground Leases, Tower
Leases and Improvements, and (ii) all licenses granted by the FCC that relate to
any of the PCS Assets.
(jj) "Purchase Price" has the meaning set forth in Section 2.2
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hereof.
(kk) "Purchaser's Financing Condition" has the meaning set forth
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in Section 2.1 hereof.
(ll) "Real Property" means the Land, the Improvements, and, if
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applicable, the Easements.
(mm) "Second Closing" means the closing of the transactions
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contemplated by this Agreement that are to take place in accordance with Section
2.4(b) hereof.
(nn) "Second Deposit" has the meaning set forth in Section
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2.2(b).
(oo) "Tax" (and, with correlative meaning, "Taxes" and
---
"Taxable") means any tax of any kind whatsoever, including without limitation
federal, state, local or foreign, income, franchise, sales, use, excise, gross
receipts, license, payroll, employment, severance, stamp, occupation, premium,
windfall profits, environmental (including taxes under Internal Revenue Code of
1986 Sec. 59A, as amended), capital stock, profits, withholding, social
security, unemployment, disability, real property, personal property, transfer,
registration, or other tax of any kind whatsoever, together with any interest or
any penalty, or additional amount imposed by any governmental body (a "Taxing
Authority") responsible for the imposition of any such tax (domestic or
foreign).
(pp) "Tower Criteria" means, with respect to each of the Towers,
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the criteria described on Exhibit A, attached hereto.
(qq) "Tower" means one of the Current Towers or the Future
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Towers.
(rr) "Tower Leases" means all leases or licenses pursuant to
------------
which Seller leases or licenses out space to tenants on the Towers.
(ss) "Transfer Taxes" means, collectively, all excise, sales,
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use, value added, registration, stamp, recording, documentary, conveyancing,
franchise, transfer, gains and similar Taxes.
ARTICLE II-PURCHASE AND SALE
8
<PAGE>
2.1 Sale and Purchase of Assets. On the terms and subject to the
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conditions set forth herein, at each of the Closings, Seller shall sell,
transfer, assign and deliver to Purchaser, and Purchaser agrees to purchase,
acquire and accept from Seller, all of Seller's right, title and interest in and
to the Assets to be sold at such Closing, free and clear of all liens, claims,
and encumbrances of any kind or character except for Permitted Encumbrances. The
foregoing notwithstanding, the Assets shall be conveyed in accordance with the
following schedule:
(a) On the Closing Date for the First Closing, all of the Assets
listed and described on Schedule 1 attached hereto shall be conveyed at the
First Closing, which shall consist of not less than one hundred twenty-seven
(127) of the Current Towers.
(b) Purchaser agrees that it shall attempt to secure on or before
March 31, 2001 financing on terms acceptable to Purchaser in its sole and
absolute discretion adequate to purchase the remaining Current Towers not sold
in the First Closing and the Future Towers. If Purchaser secures financing on or
before March 31, 2001 in an amount of [confidential information omitted and
filed separately with the Securities and Exchange Commission], Purchaser's
"Financing Condition" will be deemed to have been met. If Purchaser has not
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secured financing on or before March 31, 2001 in an amount of [confidential
information omitted and filed separately with the Securities and Exchange
Commission], Purchaser's Financing Condition will not have been met. In either
instance, Purchaser shall give Seller written notice as to whether it has met
Purchaser's Financing Condition on or before March 31, 2001.
(i) If Purchaser's Financing Condition has been met, no later
than five (5) business days prior to the Closing Date for the Second Closing,
Seller and Purchaser shall agree on a list of all Assets that shall be conveyed
at the Second Closing, which shall consist of all of the Current Towers not sold
in the First Closing and which shall include the Assets listed and described on
Schedule 2 attached hereto; provided, however, that any Current Towers for which
all of the Conditions Precedent enumerated in Articles VI and VII have not been
satisfied as of the Closing Date for the Second Closing shall be excluded from
the definition of Current Towers and, if Purchaser has secured financing
adequate to purchase the Future Towers, shall, instead, be offered to Purchaser
for inclusion in any Future Towers to be sold pursuant to a Future Closing.
(ii) If Purchaser's Financing Condition has been met, Purchaser
has secured financing adequate to purchase the Future Towers and Purchaser has
exercised its option to purchase Future Towers pursuant to Section 5.13, no
later than five (5) business days prior to any Closing Date for a Future
Closing, Seller and Purchaser shall agree on a list of all Assets that include
Towers consistent with the Tower Criteria and that Purchaser shall have the
option to purchase, all in accordance with the requirements of Section 2.6(e)
and Section 5.13 hereof, including without limitation, the notice requirements
contained therein. Without limiting the generality of the foregoing, Seller
shall forward information relating to their structural and environmental
condition of each of the Future Towers and copies of Ground Leases relating
thereto promptly following receipt by Seller.
(c) If Purchaser's Financing Condition is not met, neither party
shall have any remaining obligations to the other, except for such obligations
as are expressly provided for in this Agreement, its schedules or exhibits. The
foregoing notwithstanding, Purchaser may, in its sole discretion, waive the
Purchaser's Financing Condition by giving notice thereof on or before March 31,
2001, and proceed with the transactions contemplated by this Agreement as if
Purchaser's Financing Condition had been met.
2.2 Purchase Price; Payments.
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9
<PAGE>
(a) Purchase Price. Subject to adjustment as provided in this Section
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2.2, the purchase price for each Current Tower or Future Tower is Three Hundred
Thirteen Thousand and No/100 Dollars ($313,000.00) (the "Purchase Price")
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payable in cash in accordance with this Section 2.2.
(b) Deposit. Upon execution of this Agreement by both parties, the
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Purchaser shall pay to an escrow agent mutually agreeable to Purchaser and
Seller, Two Million One Hundred Sixteen Thousand Six Hundred Sixty-Seven and
No/100 Dollars ($2,116,667.00) (such amount to include the payment made by
Purchaser to Seller pursuant to the Letter Agreement between the Purchaser and
Seller dated November 20, 2000) which shall be held in escrow (the "Deposit")
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until disbursed in accordance with the terms and conditions of this Agreement.
If Purchaser's Financing Condition is met as described in Section 2.1, the
Purchaser shall pay to the escrow agent on or before April 10, 2001 Two Million
Eight Hundred Eighty-Three Thousand Three Hundred Thirty-Three and No/100
Dollars ($2,883,333.00) (the "Second Deposit"), which shall be held in escrow
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until disbursed in accordance with the terms and conditions of this Agreement.
If Purchaser's Financing Condition is met and if Purchaser's financing is
adequate for Purchaser to purchase the Future Towers in addition to the
remaining Current Towers, Purchaser shall also pay to the escrow agent on or
before April 10, 2001, One Million Six Hundred Sixty-Six Thousand Six Hundred
Sixty-Seven and No/100 Dollars ($1,666,667.00) (the "Future Towers Deposit"),
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which shall be held in escrow until disbursed in accordance with the terms and
conditions of this Agreement.
(i) In the event that either of the parties terminate this
Agreement in accordance with its terms, the Deposit, and if the Purchaser's
Financing Condition is not met, the Second Deposit, if paid, and the Future
Towers Deposit, if paid, shall be returned to Purchaser and Purchaser shall be
entitled to the interest earned thereon.
(ii) In the event that the First Closing does not occur by
December 29, 2000 or fewer than one hundred twenty-seven (127) Towers are
conveyed to Purchaser at such Closing, or payment is not received therefor, as a
result of Purchaser's acts or failure to act and through no fault of the Seller,
Purchaser shall forfeit all rights in and to the Deposit and Seller shall be
entitled to the full Deposit thereupon.
(iii) In the event that the Second Closing does not occur by May
1, 2001, as a result of Purchaser's acts or failure to act and through no fault
of the Seller, Purchaser shall forfeit all rights in and to the Second Deposit
and Seller shall be entitled to the full Second Deposit thereupon; provided,
however, that this clause shall not apply if Purchaser's Financing Condition is
not met.
(c) Closing Payments. (i) At the First Closing, Purchaser shall pay
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to the Seller in immediately available funds, without set-off or deduction of
any kind except as contemplated by this Agreement, by wire transfer to an
account designated by Seller: (A) the Closing Price for the First Closing, minus
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(B) the Deposit (such Deposit portion to be disbursed to Seller from the escrow
account upon the written instructions of both Purchaser and Seller).
(ii) At the Second Closing, Purchaser shall pay to the Seller in
immediately available funds, without set-off or deduction of any kind except as
contemplated by this Agreement, by wire transfer to an account designated by
Seller: (A) the Closing Price for the Second Closing, minus (B) a the Second
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Deposit (such Second Deposit to be disbursed to Seller from the escrow account
upon the written instructions of both Purchaser and Seller).
10
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(iii) At any Future Closing, Purchaser shall pay to the
Seller in immediately available funds, without set-off or deduction of any kind,
by wire transfer to an account designated by Seller: (A) the Closing Price for
such Future Closing, minus (B) the product of (1) the number of Future Towers
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included in such Future Closing and (2) Sixteen Thousand Six Hundred Sixty-Seven
and No/100 Dollars ($16,667.00) (which shall be disbursed to Seller from the
Future Towers Deposit from the escrow account upon the written instructions of
both Purchaser and Seller); provided, however, that at the final Future Closing,
Purchaser shall pay to the Seller: (A) the Closing Price for such Future
Closing, minus (B) the remaining balance of the Future Towers Deposit (which
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shall be disbursed to Seller from the Future Towers Deposit from the escrow
account upon the written instructions of both Purchaser and Seller).
(d) Adjustments. At least five (5) days before each of the
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Closing Dates, Seller shall provide Purchaser a schedule of all prepaid rental
received by Seller for periods after the Closing Date. The sum of all such
rental payments shall be deducted from the Closing Price. All normal and
customarily proratable items (including, without limitation, real estate taxes,
personal property taxes, utility bills, security bills, and rents) shall be
prorated as of the Closing Date, Seller being charged and credited for all of
the same up to such date and Purchaser being charged and credited for all of the
same on and after such date. If the actual amounts to be prorated are not known
as of the applicable Closing Date, the prorations shall be estimated by Seller;
and thereafter, when actual amounts are known, a cash settlement will be made
between Seller and Purchaser. All earnest money deposits not earned, if any,
held by Seller under Tower Leases shall be transferred to Purchaser at the
applicable Closing.
(e) Costs. At each Closing, Purchaser shall pay the costs
-----
of the following: (i) all premiums for Title Insurance Policies; and (ii) all
documentary stamp or other Tax arising in connection with any deed or other
conveyance document relating to the Assets. At each Closing, Purchaser shall pay
all recording costs arising in connection with the transactions contemplated
hereby.
2.3 Assumption of Certain Obligations and Liabilities. (a) Subject
-------------------------------------------------
to and in accordance with the terms and conditions of this Agreement, Purchaser
agrees to assume and to discharge the following liabilities (the "Assumed
-------
Commitments") upon each of the Closings with respect to the Assets conveyed at
-----------
such Closing: (i) the Ground Leases and Tower Leases listed on Schedules 1 and 2
attached hereto and made a part hereof, (ii) any Tower Leases entered into by
Seller with the written consent of Purchaser after the date hereof but before
such Closing Date, (iii) any and all liabilities or obligations of any sort
whatsoever that relate to the Assets conveyed at such Closing and that arise or
are incurred by Purchaser from and after the date of the applicable Closing.
(b) Purchaser specifically will not assume or agree to pay
or discharge any debts, liabilities, or obligations of Seller or otherwise
relating to the Assets other than the Assumed Commitments. Without limiting the
foregoing, Purchaser will not be liable for any of the following debts,
liabilities, and obligations of Seller: (i) Taxes that were incurred and/or
relate to periods prior to the applicable Closing Date; (ii) obligations under
the Assumed Commitments that arose or relate to periods on or before the
applicable Closing Date; or (iii) any other liability or obligation of Seller
regardless of how incurred, provided that such liability or obligation was
incurred and/or relates to periods prior to the applicable Closing Date.
2.4 Closings. (a) The First Closing shall take place at the
--------
offices of Jones, Walker, Waechter, Poitevent, Carrere & Denegre, L.L.P. in New
Orleans, Louisiana, at 10:00 a.m. local time, on such date upon which the
parties may mutually agree which shall in no event be later than December 29,
2000.
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(b) The Second Closing shall take place at the offices of Jones,
Walker, Waechter, Poitevent, Carrere & Denegre, L.L.P., at 10:00 a.m. local
time, on May 1, 2001, or such earlier date upon which the parties may mutually
agree.
(c) Any Future Closings shall take place at the offices of Jones,
Walker, Waechter, Poitevent, Carrere & Denegre, L.L.P., at 10:00 a.m. local
time, on such date or dates upon which the parties may mutually agree.
2.5 Execution and Delivery of Closing Documents; Other Deliveries. (a) At
-------------------------------------------------------------
the First Closing, (i) Seller will assign to Purchaser and Purchaser will assume
the Ground Leases identified on the attached Schedule 1 and being transferred at
the First Closing by recordable assignment; (ii) Seller and Purchaser will enter
into an Antenna Site Agreement for each of the Current Towers being transferred
at the First Closing that shall govern the leasing of space on all such Towers;
(iii) Seller will assign to Purchaser, and Purchaser will assume the Tower
Leases being assigned at the First Closing; and (iv) the parties will enter
into, execute and deliver such other documents as they reasonably deem necessary
to consummate the transactions at the First Closing contemplated hereby.
(b) At each of the Closings after the First Closing, (i) Seller will
assign to Purchaser and Purchaser will assume the Ground Leases identified on
the attached Schedule 2 and being transferred at such Closing by recordable
assignment; (ii) Seller and Purchaser will enter into Antenna Site Agreements
that shall govern the leasing of space on all of the Current Towers being
transferred at such Closing; (iii) Seller will assign to Purchaser, and
Purchaser will assume the Tower Leases being assigned at such Closing; and (iv)
the parties will enter into, execute and deliver such other documents as they
reasonably deem necessary to consummate the transactions at such Closing
contemplated hereby.
(c) In connection therewith, at and for each of the Closings, each
party will prepare, execute and deliver each agreement, instrument and item
required by this Agreement to be executed and delivered and not theretofore
accomplished, including without limitation: (1) the recordable assignments of
Ground Leases; (2) the Antenna Site Agreements; (3) assignment and assumption
agreements; (4) bills of sale; (5) customary title affidavits and sale
conveyance and assignment documents; and (6) such other appropriate and
customary documents and take such additional actions as any party or its counsel
reasonably may request for the purpose of consummating the transactions
contemplated by this Agreement and to vest fully in Purchaser ownership of the
Assets.
(d) At each of the Closings, Seller shall deliver to Purchaser with
respect to the Assets transferred at the applicable Closing: (i) all keys to all
Improvements; (ii) all security and access codes, if any, applicable to all
Improvements; (iii) originals of all Assumed Commitments; and (iv) all other
documents specifically relating to the Assets that do not represent Seller's
corporate books and records. After each of the Closings and with respect to the
Assets transferred at the applicable Closing, Seller shall promptly (A) notify
all Tower Lease tenants of the assignment thereof to Purchaser, and (B) upon
receipt, pay over to Purchaser any rental payments under the Tower Leases
received by Seller for periods after the Closing net of any prepaid expenses
from Seller.
(e) With respect to each of the Closings, all income and expenses
relating to the Assets being transferred at such Closing shall be prorated
between the parties as of 12:01 a.m. on the applicable Closing Date.
2.6 Structural and Environmental Review Period; Put-Back Rights.
-----------------------------------------------------------
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(a) Except as expressly stated herein to the contrary, Purchaser
acknowledges that it has had the adequate opportunity to inspect the structural
and environmental condition of the Assets based on documents provided by Seller,
and to object in writing to any matters reasonably deemed material by Purchaser
relating to the structural or environmental condition of the Assets, other than
as relates to title issues. The parties acknowledge that Purchaser has not
conducted an independent analysis of the environmental or structural condition
of the Assets beyond Purchaser's analysis of the documentation provided to
Purchaser by Seller. Schedule 2.6 lists and describes: (i) potential defects
that Purchaser has discovered in the course of its inspection, (ii) the Tower
sites for which Phase I environmental reports have not been provided to
Purchaser, and (iii) the Tower sites for which structural drawings have not been
provided to Purchaser. If Purchaser has not so objected, Purchaser shall be
conclusively deemed to have waived its right to so object under this Section
2.6. Seller acknowledges that Purchaser has relied on the documents provided by
Seller to Purchaser and the representations and warranties contained in Section
3.14 in conducting its due diligence. The Existing Tower Construction Site
Towers shall have at least the same overall proportional structural capacity as
the Towers included on Schedule 1.
(b) If Purchaser makes any such objection, then Seller shall use
commercially reasonable efforts, at its sole cost, to cure such objection. If by
the applicable Closing Date, Seller has not cured any such objection, then
Purchaser, in its sole discretion, can elect, by notifying Seller in writing
thereof no later than ten (10) days before the Closing Date, to (i) waive such
objection as to any or all of the affected Assets; or (ii) terminate this
Agreement as to the affected Assets only.
(c) Notwithstanding the foregoing, if pursuant to this Section 2.6 or
Article VI, Purchaser elects to terminate either (i) a total of nineteen (19) or
more of the Current Towers at any time up to and including the Closing Date for
the First Closing, or (ii) a total of forty-five (45) or more of the Current
Towers at any time up to and including the Closing Date for the Second Closing,
Seller may terminate this Agreement as to all Assets that have not yet been
transferred pursuant to a Closing, including Current Towers and Future Towers.
Upon any termination pursuant to the terms of Section 2.6 or Article VI, neither
party will have any further rights, liabilities or obligations hereunder with
respect to the Assets as to which this Agreement is terminated, except for those
matters contained herein that expressly survive the termination of this
Agreement.
(d) (i) The generality of Section 2.6(a)-(c) notwithstanding,
Purchaser shall retain the right to continue its inspection of the Towers to be
conveyed to Purchaser at the First Closing through and including January 19,
2001. If Purchaser makes any objections with respect to such Towers due to the
failure of a Condition Precedent enumerated in Articles VI or VII by January 19,
2001, Seller may, in its sole discretion and at its sole cost, make the
determination to cure such objections; provided, however, that material non-
compliance with FAA or Environmental, Health and Safety Laws shall be deemed
non-curable and Seller shall accept delivery of such affected Towers if
Purchaser had previously taken possession thereof.
(ii) If such objections are not cured to Purchaser's commercially
reasonable satisfaction by the date of the Second Closing (or as otherwise
extended by the parties in writing), Purchaser may, at its sole election, "put
back" such Tower(s) to Seller through customary conveyancing documentation,
including without limitation, the documentation described in Section 2.5(c)
hereof. If Purchaser puts back to Seller a Tower conveyed to Purchaser in the
First Closing, Seller shall immediately pay the Purchase Price for such Tower
into the escrow account for application to the Closing Price for the Towers to
be conveyed at the Second Closing. Purchaser shall not be required to make any
representations or warranties in such documents other than that there has
occurred no material change or alteration in such Assets since the applicable
Closing Date and Purchaser will agree to indemnify and hold harmless Seller
13
<PAGE>
from and against any losses that result from such material changes or
alterations while such Tower was in Purchaser's possession.
(iii) Any Towers that Purchaser puts back to Seller shall count
as a terminated Tower as contemplated by this Section 2.6 or Article VI hereof.
Seller and Purchaser agree that both parties shall be entitled to specific
performance to enforce the terms of this Section 2.6(d).
(e) For each of the Future Towers, Purchaser shall be given a minimum
of thirty (30) calendar days advance notice (in addition to the ten (10)
business day period described in Section 5.13 hereof) prior to a Closing of the
Future Towers that shall be included in a group of Towers to be offered to
Purchaser pursuant to Section 5.13 hereof so that Purchaser may conduct any and
all necessary inspection of the structural and environmental condition of the
Assets. Without limiting the generality of the foregoing, Seller shall forward
information relating to their structural and environmental condition of each of
the Future Towers and copies of Ground Leases relating thereto promptly
following receipt by Seller.
(f) Purchaser acknowledges and agrees that, except as otherwise
expressly stated herein to the contrary, following the inspection described in
this Section 2.6, Purchaser shall be bound to purchase the Current Towers on the
applicable Closing Date as soon as the Conditions Precedent enumerated in
Article VI have been satisfied unless one or more Towers become Casualty Sites.
2.7 Tower Exclusion Adjustment. If pursuant to Section 2.6 or Article VI,
--------------------------
Purchaser elects to terminate this Agreement as to specific Assets regarding
which Seller has not timely cured Purchaser's objections, and Seller has not
terminated this Agreement as to all Assets, including without limitation,
Current Towers and Future Towers, as permitted by Section 2.6, Seller shall
retain all rights with respect to any Tower that Purchaser elects to exclude,
including without limitation the right to continue operating any Tower and/or to
sell any such Tower or Towers to a third party.
2.8 Notice and Option Right. Seller shall retain an option to lease from
-----------------------
Purchaser the last available commercial space on the Current Towers and Future
Towers identified on Schedule 2.8 attached hereto that Seller can utilize in the
same manner that Seller currently utilizes Tower space (irrespective of the
space that Seller leases pursuant to an Antenna Site Agreement), and at the cost
reflected on Schedule 2.8. At such time, Seller shall also specify its needs so
that Purchaser is capable of determining what space constitutes "available
commercial space" on a Tower for the purposes of this Section 2.8. Upon being
notified by Purchaser that Purchaser has an offer for the lease of such last
available commercial space on a Tower to which the option applies (i.e., a Tower
that Seller has designated as such), Seller shall have fifteen (15) calendar
days in which to exercise its option and agree to lease such space or reject it,
in either case in Seller's sole discretion. If Seller exercises its option to
lease such Tower space, all of the terms and conditions of the Antenna Site
Agreement for such Tower shall apply and Seller and Purchaser agree to negotiate
any related terms in good faith and consistent with the terms and conditions of
the Antenna Site Agreement.
2.9 Allocation of Transfer, Property and Other Taxes. Notwithstanding any
------------------------------------------------
other provision of this Agreement or the Antenna Site Agreements, all Transfer
Taxes incurred in connection with the transactions contemplated by this
Agreement or the Antenna Site Agreements shall be borne solely by Purchaser.
Purchaser and Seller shall cooperate in providing each other with any
appropriate resale exemption certifications and other similar documentation. The
party that is required by applicable law to file the tax returns with respect to
any applicable Transfer Taxes shall do so, and the other party shall cooperate
with respect thereto as necessary. The foregoing notwithstanding, with respect
to Assets
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<PAGE>
transferred at a particular Closing, Purchaser shall be solely responsible for,
and shall indemnify Seller against, all Taxes incurred or relating to periods
after such Closing Date.
ARTICLE III-REPRESENTATIONS AND WARRANTIES OF SELLER
Seller represents and warrants to Purchaser (and re-asserts such
representations and warranties at each Closing) the following as of the date
hereof:
3.1 Organization and Good Standing; Power and Authority; Authorization
------------------------------------------------------------------
and Validity. Seller is a Louisiana limited liability company, duly organized
------------
and validly existing under the laws of the State of Louisiana, with all
requisite powers and authority to carry on the business in which it is engaged
and to own the properties it owns and leases. Seller has full power and
authority to execute, deliver, and perform its obligations under this Agreement
and all other agreements, instruments and documents it is or will be executing
in connection with this Agreement and the transactions contemplated hereby. This
Agreement and each other agreement, instrument and document contemplated by this
Agreement have been or will be duly executed and delivered by Seller and
constitute, or upon execution and delivery will constitute, legal, valid, and
binding obligations of Seller, enforceable in accordance with their terms,
subject to applicable bankruptcy and other laws affecting creditors' rights
generally.
3.2 Title; Assets. (a) Seller has good and marketable title to the Assets
-------------
and at each Closing will deliver and convey to Purchaser the Assets free and
clear of all liens, encumbrances, mortgages, security interests, pledges, and
transfer restrictions except for Permitted Encumbrances. Immediately after
consummation of the transactions contemplated by this Agreement, Purchaser will
own and be entitled to use the Assets free and clear of all liens, encumbrances,
mortgages, security interests, pledges, and transfer restrictions, except for
Permitted Encumbrances and any interest of Seller under any recorded memorandum
of a Antenna Site Agreement.
(b) To Seller's knowledge, (i) each Ground Lease lessor has good and
marketable title to the subject Land, but Seller makes no further representation
or warranty regarding any such lessor's title to any Land; (ii) each Ground
Lease is in full force and effect and has not been modified or amended; (iii)
Seller is in actual possession of the leased premises under each of the Ground
Leases; (iv) Seller has paid the rent set forth in each of the Ground Leases on
a current basis and there are no past due amounts; (v) except as expressly set
forth in the Ground Leases, Seller is not obligated to pay any additional rent
or charges to any of the Ground Lease lessors for any period subsequent to the
Closing Date for such Ground Lease; and (vi) Seller has not received notice from
or given notice to any Ground Lease lessor claiming that such Ground Lease
lessor or Seller is in default under any of the Ground Leases, and, to the best
of Seller's knowledge, there is no event which, with the giving of notice of the
passage of time or both, would constitute such a default.
15
<PAGE>
3.3 Commitments. Except for the Tower Leases and Ground Leases identified
-----------
in Schedules 1 and 2 and such Towers as are currently under construction at
Existing Tower Construction Sites, and except for the Permitted Encumbrances, as
of the applicable Closing Date, none of the Assets will be bound or affected by,
whether or not in writing, any: (i) partnership or joint venture agreement; (ii)
mortgage, deed of trust, or other security agreement; (iii) guaranty,
suretyship, indemnification, or contribution agreement or performance bond; (iv)
debt instrument, loan agreement, letter of credit arrangement, or other
obligation relating to indebtedness for borrowed money or money loaned to
another; (v) deed or other document evidencing an interest in or contract to
purchase or sell real or personal property; (vi) franchise, dealership,
distributorship, marketing, sales, agency, or other similar agreement; (vii)
lease of real or personal property, whether as lessor, lessee, sublessor, or
sublessee; (viii) contract containing a noncompetition covenant; (ix) any other
contract or arrangement that involves either an unperformed commitment in excess
of $25,000 or that terminates more than one year from the date hereof; or (x)
any other agreement or commitment not made in the ordinary course of business or
that is material to the Assets (all of the foregoing are collectively referred
to as "Commitments").
-----------
3.4 No Violation; Restrictions, Required Licenses, Permits, etc.
-----------------------------------------------------------
(a) The execution, delivery and performance of this Agreement
and the documents and other agreements to be delivered hereunder by the Seller
and the consummation of the transactions contemplated thereby by the Seller will
not (i) violate any provision of the Seller's Articles of Organization, (ii)
violate, conflict with or result in the breach of any of the terms of, result in
a material modification of the effect of, otherwise give any other contracting
party the right to terminate, or constitute (or with notice or lapse of time or
both constitute) a default under, any contract or other agreement to which the
Seller is a party or by or to which it or any of its assets or properties may be
bound or subject, as any of the foregoing relate to the Assets and Seller's
ability to perform the Antenna Site Agreements, (iii) violate any order,
judgment, injunction, award or decree of any governmental authority by which the
Seller, or the assets, properties or business of such Seller are bound, as any
of the foregoing relate to the Assets and Seller's ability to perform the
Antenna Site Agreements, (iv) violate any law, or (v) violate or cause any
revocation of or limitation on any license as any of the foregoing relate to the
Assets and Seller's ability to perform the Antenna Site Agreements (A) that is
necessary to the lawful conduct of its business or (B) the violation, revocation
or limitation of which could reasonably be expected to have a material adverse
effect on the Seller, its assets or its businesses.
(b) Seller is not a party to, and none of the Assets is subject
to or otherwise affected by, any Commitment or Applicable Law that will
materially and adversely affect the Assets.
(c) Seller has provided Purchaser copies of the licenses,
franchises, permits, zoning variances, and other authorizations held by Seller
in connection with the Assets that are in Seller's possession. Seller possesses
all licenses, franchises, permits, zoning variances, and other authorizations
necessary to own and operate the Assets. The Assets comply with all material
Applicable Laws relating to land use and zoning.
3.5 Taxes. Seller has paid all Taxes owed by it or otherwise owed with
-----
respect to the Assets and Seller is not delinquent in the payment of any Tax
except for Tax being contested in good faith by Seller and for which Seller has
established adequate reserves and which are disclosed on Schedule 3.5. There is
no Tax deficiency or delinquency asserted or threatened against Seller or the
Assets except for Tax being contested in good faith by Seller and for which
Seller has established adequate reserves; and there is no unpaid Tax owed by or
to be collected by Seller (excluding Taxes not yet determined or assessed) that
could be asserted
16
<PAGE>
by any Taxing Authority for which Purchaser may become liable as a result of the
transactions contemplated by this Agreement or the liability for which might
encumber the Assets after the Closing.
3.6 Consents. Except for (a) the Consents identified on Schedules 1 and 2,
--------
which have been obtained or which commercially reasonable efforts will be used
by the parties to obtain before the First Closing, the Second Closing and each
Future Closing, (b) the consent and authorization of the Board of Directors of
Seller, which authorizations have been obtained, and (c) the consent of lenders
to Seller, which consents shall be obtained within ten (10) business days of the
date hereof, no Consent is required to authorize, or is required in connection
with, the execution, delivery, or performance of this Agreement or related
documents on the part of Seller.
3.7 Financial and Tax Information. Schedule 3.7 sets forth Seller's good
-----------------------------
faith estimate of information concerning the monthly income and Tower level
expenses (e.g., Ground Lease rent, and Seller's good faith estimate of Taxes and
other expenses attributable to the Assets, but excluding utilities and other
costs of Purchaser that Seller cannot estimate) for the current twelve (12)
month period; provided, however, that Seller is unable to estimate Purchaser's
expenses from and after any of the Closings.
3.8 Litigation. To Seller's knowledge, there is no Litigation against or
----------
affecting any of the Assets. Seller knows of no valid basis for any such
Litigation. Seller is not subject to or in default of any Order.
3.9 Environmental Matters. To the best of Seller's knowledge, neither
---------------------
Seller nor the Assets is in violation of, or subject to any investigation or
dispute regarding any Environmental, Health and Safety Law. There is no fact or
condition caused or known by Seller regarding the Assets that could lead to any
environmental liability of Seller or Purchaser. Seller has materially complied
with all Environmental, Health, and Safety Laws applicable to the Real Property,
and no action, suit, proceeding, hearing, investigation, charge, complaint,
claim, demand, or notice has been filed or commenced against it alleging any
failure so to comply. Without limiting the generality of the preceding sentence,
Seller has obtained and been in compliance with all of the terms and conditions
of all permits, licenses, and other authorizations that are required under, and
has complied with all other limitations, restrictions, conditions, standards,
prohibitions, requirements, obligations, schedules, and timetables that are
contained in, all Environmental, Health, and Safety Laws applicable to the Real
Property. To Seller's knowledge, no Hazardous Materials have been placed on or
in any Real Property or any structure thereon by Seller or, to the best
knowledge of Seller, by any prior owner or user of any Real Property. To
Seller's knowledge, no underground storage tanks for petroleum or any other
substance, or underground piping or conduits are or, have previously been
located on any Real Property. To the best knowledge of Seller, no other party
has caused the release of or contamination by Hazardous Materials on the Real
Property or otherwise violated any Environmental, Health and Safety Laws
regarding the Real Property. Seller has provided Purchaser with all
environmental studies, records and reports in its possession or control, and all
correspondence with any governmental entities, concerning environmental
conditions of the Real Property.
3.10 Real Estate Matters. With respect to the Real Property:
-------------------
(a) (i) All Improvements are in material compliance with all
Applicable Laws; (ii) to the best of Seller's knowledge, there is no structural
or latent defect in such Improvements that has not been disclosed to Purchaser;
(iii) all Improvements have been maintained in accordance with normal industry
practice; and (iv) to the best of Seller's actual knowledge, the Improvements
are in working order adequate for normal operations, are in good operating
condition and repair (subject to normal wear and tear), and are suitable for the
purposes for which they presently are used.
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(b) Seller has received no notice of, and Seller has no knowledge of,
any pending or threatened litigation, condemnation, or sale in lieu thereof with
respect to any portion of the Real Property relating to or arising out of the
ownership of the Real Property by any governmental instrumentality. Seller has
no knowledge of any proposed material increase in real property Taxes not a
matter of public record. Seller has no information or knowledge of any change
contemplated in any Applicable Laws that would have a material adverse effect
upon any Real Property or its value.
(c) To the best of Seller's knowledge, Seller currently has
indefeasible, legal and practical access from the Real Property to existing
public highways or public roads. There exists no fact or condition known to the
Seller that will result in the termination or reduction of the current access
from the Real Property to existing highways and roads, or to sewer or other
utility services serving the Real Property. All utilities required for the
operation of the Improvements enter the Real Property through adjoining public
streets or, if they pass through an adjoining private tract, do so in accordance
with valid easements. All utilities are installed and operating and all
installation and connection charges have been paid in full.
(d) The legal descriptions for the Real Property contained in the
Ground Leases describe such parcels fully and adequately. The Improvements are
located within the boundary lines of such legal descriptions (and, if
applicable, Easements), and are not in violation of applicable setback
requirements, zoning laws, and ordinances (and none of the Real Property is
subject to "permitted non-conforming structure or use" or similar
classifications). The Improvements do not encroach on any easement that may
burden the Land.
(e) To the best of Seller's knowledge, the Real Property is not
located within any flood plain or subject to any similar type restriction for
which any permits or licenses necessary to the use thereof have not been
obtained.
(f) All Improvements have received all approvals of governmental
authorities required in connection with the ownership or operation thereof and
have been operated and maintained in accordance with Applicable Laws.
(g) There are no leases, subleases, licenses, concessions, or
other agreements, written or oral, granting to any party or parties the right of
use or occupancy of any portion of the of Real Property, except for the Tower
Leases and Ground Leases described in Schedules 1 and 2. There are no parties
(other than Seller) in possession of the Real Property, except tenants under
Tower Leases disclosed in Schedules 1 and 2.
(h) Schedules 1 and 2 describe briefly all Ground Leases held by
Seller in connection with the Assets.
3.11 Antenna Site Agreements. The Antenna Site Agreement for each site (i)
-----------------------
has been or will at the applicable Closing be duly executed and delivered by
Seller and (ii) constitutes, or upon such execution and delivery at each Closing
will constitute, the legal, valid, and binding obligation of Seller enforceable
in accordance with its terms, subject to applicable bankruptcy and other laws
affecting creditors' rights generally. Seller has read and fully understands
each Antenna Site Agreement.
3.12 Brokers' Fees. Seller has no liability or obligation to pay any fees,
-------------
commissions, or other compensation to any broker, finder, or agent with respect
to the transactions contemplated by this Agreement
18
<PAGE>
for which Purchaser could become liable or obligated, except for fees due to
Bear, Stearns & Co. Inc., which shall be paid by Seller at each of the Closings,
including Future Closings.
3.13 Compliance with Laws; Approvals. The Assets materially comply with
-------------------------------
all applicable laws, rules and regulations, including without limitation, the
regulations of the FCC and FAA. Seller has received all government approvals,
licenses and permits necessary to operate the Assets.
3.14 Disclosure. The representations and warranties contained in this
----------
Article III do not contain any untrue statement of a material fact or omit to
state any material fact necessary in order to make the statements and
information contained in this Article III not misleading. Copies of all
documents furnished by or on behalf of Seller to Purchaser are complete and
accurate in all material respects.
3.15 Mechanics' Liens. On the applicable Closing Date, there will be no
----------------
outstanding contracts made or authorized by Seller for the Improvements or any
other work or services to the Assets being transferred at a particular Closing,
including without limitation professionals such as architects, engineers and
planners, which have not yet been fully satisfied and paid for.
ARTICLE IV-REPRESENTATION AND WARRANTIES OF PURCHASER
Purchaser represents and warrants to Seller (and re-asserts such
representations and warranties at each Closing) the following:
4.1 Organization and Good Standing; Power and Authority; Authorization
------------------------------------------------------------------
and Validity. Purchaser is a corporation, duly organized, validly existing, and
------------
in good standing under the laws of the State of Florida, with all requisite
powers and authority to carry on the business in which it is engaged and to own
the properties it owns. Purchaser has full power and authority to execute,
deliver, and perform its obligations under this Agreement and all other
agreements and documents it is or will be executing in connection with this
Agreement and the transactions contemplated hereby. This Agreement and each
other agreement, instrument and document contemplated by this Agreement have
been or will be duly executed and delivered by Purchaser and constitute, or upon
execution and delivery will constitute, legal, valid, and binding obligations of
Purchaser, enforceable in accordance with their terms.
4.2 No Conflict. The execution, delivery and performance of this
-----------
Agreement and the documents and other agreements to be delivered hereunder by
the Purchaser and the consummation of the transactions contemplated thereby by
the Purchaser will not (a) violate any provision of the Purchaser's articles of
incorporation, (b) violate, conflict with or result in the breach of any of the
terms of, result in a material modification of the effect of, otherwise give any
other contracting party the right to terminate, or constitute (or with notice or
lapse of time or both constitute) a default under, any contract or other
agreement to which the Purchaser is a party or by or to which it or any of its
assets or properties may be bound or subject, (c) violate any order, judgment,
injunction, award or decree of any governmental authority by which the
Purchaser, or the assets, properties or business of such Purchaser are bound,
(d) violate any law, or (e) violate or cause any revocation of or limitation on
any license (i) that is necessary to the lawful conduct of its business or (ii)
the violation, revocation or limitation of which could reasonably be expected to
have a material adverse effect on the Purchaser, its assets or its businesses.
4.3 Consents. To Purchaser's knowledge, except for the authorization of
--------
the Boards of Directors of SBA Properties, Inc. and SBA Communications
Corporation for the Purchaser to execute and deliver this Asset Purchase
Agreement and consummate the transactions contemplated herein, which
authorizations have
19
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been obtained, no Consent is required to be obtained by the Purchaser in
connection with the execution and delivery of this Agreement or the consummation
of the transactions hereunder.
4.4 Brokers. Purchaser shall be solely responsible for any agent, broker
-------
or other person that it has engaged or will engage to act pursuant to the
express or implied authority of such Purchaser and that is or may be entitled to
a commission or broker's or finder's fee in connection with this Agreement or
otherwise with respect to the sale of the Assets, except for fees due to Bear,
Stearns & Co. Inc., which shall be paid by Seller at each of the Closings,
including Future Closings.
4.5 Financial Qualifications. Purchaser represents and warrants to Seller
------------------------
that at and after Closing Purchaser will have the financial ability to perform
Purchaser's obligations under this Agreement. Moreover, as of the date of this
Agreement, Purchaser has adequate cash, cash equivalents or availability under
its credit facilities to borrow sufficient sums to pay the Closing Price for the
First Closing.
4.6 Solvency. Purchaser is, and after giving effect to this Agreement and
--------
the transactions contemplated hereunder will be, solvent and is not subject to
any voluntary or involuntary proceedings in bankruptcy, reorganization,
dissolution or liquidation or to any assignment for the benefit of creditors,
and no trustee, receiver or liquidator has been appointed for Purchaser.
4.7 Disclosure. No representation, warranty or statement of Purchaser
----------
contained in this Agreement, in any schedule or exhibit, or any agreement or
document delivered under this Agreement or in connection herewith contains or
will contain any untrue statement of a material fact or omits to state a
material fact necessary to make the statements contained herein and therein not
misleading. Copies of all documents furnished by or on behalf of Purchaser to
Seller are complete and accurate in all material respects. There is no fact that
Purchaser has not disclosed to Seller that could reasonably be expected to have
a material adverse effect on Purchaser, its businesses or its assets.
4.8 Litigation. To Purchaser's knowledge, there is no material Litigation
----------
that could have an effect on any of the Assets or Purchaser's ability to comply
with the terms and conditions of this Agreement. Purchaser knows of no valid
basis for any such Litigation. Purchaser is not subject to or in default of any
Order that could affect its obligations hereunder or with respect to any of the
Assets.
ARTICLE V-COVENANTS
5.1 Cooperation. Each party shall use commercially reasonable efforts to:
-----------
(a) take all action and do all things necessary, proper, or advisable in order
to consummate and make effective the transactions contemplated by this Agreement
(including satisfaction, but not waiver, of the closing conditions set forth in
Articles VI and VII, as applicable), (b) proceed promptly to make or give the
necessary applications, notices, requests, and filings to obtain the Consents
necessary to consummate the transactions contemplated by this Agreement; (c)
cooperate with and keep the other party informed in connection with this
Agreement; and (d) take such actions as the other party may reasonably request
to consummate the transactions contemplated by this Agreement and diligently
attempt to satisfy all conditions precedent that it is obligated to satisfy in
order to close the transactions contemplated by this Agreement.
5.2 Confidentiality. Purchaser and Seller shall cause all information
---------------
obtained by them in connection with this Agreement or the negotiation hereof to
be treated as proprietary and confidential (other than information that is
public knowledge) and shall not use or disclose, except as may be required by
law, or knowingly permit others to use or disclose, any such information in a
manner detrimental to Purchaser or
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Seller, as the case may be, and, if the transactions contemplated by this
Agreement are not consummated, will return all such information to the provider.
Notwithstanding the foregoing the parties shall issue a mutually acceptable
press release describing the transactions contemplated pursuant to this
Agreement.
5.3 Conduct of Business Before Closing Date. During the period
---------------------------------------
pending the Closing or earlier termination of this Agreement, except as
otherwise permitted or required by this Agreement, Seller shall: (a) conduct the
operations of the Assets in the ordinary and usual course and use its reasonable
efforts to maintain and preserve intact its business organization and
relationships; (b) notify Purchaser of any emergency or other material change in
the normal course of operations of the Assets and of any pending or threatened
governmental complaints, investigations, or hearings (communications indicating
that the same may be contemplated) that would be material to the Assets; (c) not
solicit, initiate or encourage, or authorize, directly or indirectly, any
inquiry or proposal for the acquisition of all or any material part of the
Assets, or enter into negotiations for any such proposal, or provide any person
with information or assistance in furtherance of any such inquiry or proposal,
and promptly notify Purchaser of all inquiries or proposals received with
respect to such matters; (d) take no action that, or omit to take any action
that the failure to take which, would cause or permit the Seller's
representations and warranties in this Agreement to be untrue in any material
respect at the Closing; (e) maintain existing insurance coverage for the Assets;
(f) not mortgage, pledge, or otherwise encumber, or lease any of the Assets
except for the Existing Tower Construction Sites and the Future Towers; (g) not
accelerate, modify, or cancel any Tower Lease or Ground Lease, or any other
agreement or license constituting a part of the Assets, except to the extent
reasonably necessary to enforce Seller's rights thereunder; (h) not enter into
any other commitment or transaction that is material to this Agreement or to the
transactions contemplated hereby or that will materially and adversely affect
the Assets; and (i) use commercially reasonable efforts to obtain any Consent,
that are required to consummate the Seller's obligations contemplated by this
Agreement.
5.4 Access. During the period from the date hereof to the applicable
------
Closing Date or earlier termination of this Agreement, Seller shall permit
Purchaser and its authorized representatives reasonable access to (during normal
business hours) all of the Assets of Seller and furnish Purchaser all documents,
records, and information as Purchaser may reasonably request, to permit
Purchaser to become familiar with the Assets. In connection therewith, upon
reasonable notice to Seller, Purchaser, its agents and representatives, shall
have the right to enter into the Real Property prior to Closing hereunder for
purposes of conducting surveys, tests, market studies, and such other tests,
investigations, studies and/or inspections as reasonably Purchaser deems
necessary or desirable to evaluate the Assets. Purchaser shall bear all costs,
expenses and risks associated with any such inspection, and shall indemnify
Seller from all Damages incurred by Seller resulting therefrom.
5.5 Notice of Material Change. Seller shall supplement or amend the
-------------------------
Schedules hereto to disclose the occurrence of any event or the existence of any
state of facts that: (a) if known or in existence at any time before the
Closing, would have been required to have been set forth in a Schedule; or (b)
would make any of Seller's representations and warranties materially untrue.
5.6 Seller's Employee Benefits. Purchaser will have no obligation to
--------------------------
provide continuation coverage or any Employee Benefits to any employee or former
employee of Seller, or to any of their dependents.
5.7 Post Closing Audits. Seller will cooperate reasonably with
-------------------
Purchaser and will make accessible to Purchaser and Purchaser's accountants
Seller's financial books and records regarding the Assets in connection with any
audits of Purchaser or its business pertaining to financings done by Purchaser
after the Closing.
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<PAGE>
5.8 Legal Descriptions. No later than ten (10) days after the date of
------------------
this Agreement, Seller will provide to Purchaser, and all surveyors and title
insurers retained to provide Title Insurance Policies (defined in Section 5.9)
and Surveys (defined in Section 6.6) hereunder complete, accurate, valid, and
legally sufficient legal descriptions for each parcel of Real Property, and
describing the entire owned or leased area necessary for the operation of one or
more Towers on the subject site.
5.9 Title Insurance. Within ten (10) days after provision of the
---------------
legal descriptions referenced in Section 5.8, Purchaser shall request, at
Purchaser's option and expense, with respect to each parcel of Real Property, an
ALTA Ground Lessee's Title Insurance Commitment (or equivalent acceptable to
Purchaser), to be issued by a title insurer mutually acceptable to the parties,
in such amount as Purchaser may determine to be the fair market value of such
Real Property (including all Improvements located thereon), insuring title to
such Real Property (or if applicable, leasehold interest pursuant to a recorded
Ground Lease) to be in Purchaser as of the Closing, subject only to the
Permitted Encumbrances and such other title exceptions as are acceptable to
Purchaser ("Title Insurance Policies"). Purchaser shall act in good faith in
------------------------
attempting to procure Title Insurance Policies. Each Title Insurance Policy
delivered hereunder shall, when issued (A) insure title to the Real Property
(or, if applicable, ground leasehold interest therein) and all recorded
easements and servitudes benefiting such Real Property (or, if applicable,
ground leasehold interest therein), (B) insure over the general exceptions
contained customarily in such policies (Seller will provide all customary title,
lien and possession affidavits required by the title insurer to accomplish the
foregoing), (C) insure that the Real Property described in the title insurance
policy is the same Real Property as shown on the Survey delivered with respect
to such Real Property, (D) insure that there is unencumbered access to the Real
Property, and (E) if the Real Property consists of more than one record parcel,
insure that all of the record parcels are contiguous to one another.
5.10 Ground Leases. For each Ground Lease, Seller shall use
-------------
commercially reasonable efforts to assist Purchaser in procuring, in form and
substance satisfactory to Purchaser and the issuer of the Title Insurance
Policies, the following: (a) a recordable form of such Ground Lease (or
memorandum thereof) if the Ground Lease has not been recorded in the appropriate
public records; and (b) any estoppel agreement as described in Section 6.8
hereof.
5.11 Exclusivity. Except with respect to any Towers that Purchaser has
-----------
excluded pursuant to Section 2.6 hereof, during the period from the date hereof
through the Expiration Date, or earlier termination of this Agreement, Seller
shall not (i) solicit, initiate, or encourage the submission of any proposal or
offer from any person or entity relating to the acquisition of all or any
portion of the Assets, or (ii) participate in any discussions or negotiations
regarding, furnish any information with respect to, or assist or participate in,
or facilitate in any other manner any effort or attempt by any person or entity
to do or seek any of the foregoing.
5.12 Further Assurances. In case at any time after the Closing any
------------------
further action is necessary to carry out the purposes of this Agreement, each of
the parties shall take such further action (including the execution and delivery
of such further instruments and documents) as the other party may reasonably
request, all the sole cost and expense of the requesting party, unless the
requesting party is entitled to indemnification therefor hereunder.
5.13 Acquisition of Future Towers. The terms and conditions of this
----------------------------
Section 5.13 shall apply only if Purchaser's Financing Condition has been met,
Purchaser has secured financing adequate to purchase the Future Towers and
Purchaser has made the Future Towers Deposit.
22
<PAGE>
(a) Until December 31, 2001 (the "Expiration Date"), Seller
---------------
shall have the obligation to sell to Purchaser and Purchaser shall have the
option to purchase from Seller, in groups of at least twenty-five (25), unless
the parties agree to a lower number (in either instance, the "Minimum Number"),
--------------
and in the aggregate of the lesser of (i) such Future Towers as Seller has
completely constructed from the date of this Agreement through and including
December 31, 2001, or (ii) one hundred (100) Future Towers constructed by Seller
and to assign ground leases of related premises so long as, with respect to each
of the Future Towers, the (i) conditions established in Article VI hereof are
satisfied; and (ii) the Future Towers do not materially differ, on average, from
the Tower Criteria.
(b) With respect to Purchaser's option to purchase Future
Towers, Purchaser must within ten (10) business days of Seller's offer to
Purchaser: (i) elect not to exercise the option, (ii) exercise the option with
respect to all of such Future Towers, or (iii) exercise the option with respect
to certain but not all of the Future Towers offered to the Purchaser; provided,
however, that Purchaser may not exclude more than fifteen (15) of all of the
Future Towers that meet the Tower Criteria that are offered to the Purchaser. If
Purchaser excludes more than fifteen (15) Future Towers, Seller may, in its sole
discretion, cancel and withdraw the offer relating to such Future Towers in its
entirety and Seller shall retain all rights with respect to such Future Towers,
including without limitation the right to continue operating any of such Future
Towers and/or to sell any such Future Tower or Future Towers to a third party.
If Purchaser elects not to exercise its option, the Future Towers Deposit shall
be refunded to Purchaser and neither party shall have any further obligations to
the other, except as expressly provided to the contrary in this Agreement,
exhibits and related documents.
(c) Purchaser shall not be required to consummate any
purchase until at least the Minimum Number of Towers satisfying the requisite
conditions have been constructed for sale to Purchaser. Before commencing
construction of any Future Towers for sale to Purchaser hereunder, Seller shall
provide Purchaser fifteen (15) days prior written notice, which notice shall
include copies of all plans, specifications and other documents regarding the
Future Towers and the construction thereof that Purchaser reasonably deems
appropriate. Purchaser shall have the opportunity to comment on such plans,
specifications and other documents and seek modifications thereto; provided,
however, that any such modifications implemented by Seller shall be at
Purchaser's sole cost and responsibility and Purchaser agrees to pay such costs
when and as invoiced, regardless of whether Purchaser ultimately takes
possession of such Tower(s).
5.14 Tower Construction. Seller shall proceed in a commercially
------------------
reasonable manner to, and in any event shall, no later than the Closing Date for
the Second Closing: (a) complete construction of a Tower on each of the
locations identified on the attached Schedule 5.14 (each, an "Existing Tower
--------------
Construction Site"); (b) convey, assign and transfer to Purchaser, free and
-----------------
clear of all liens and encumbrances other than Permitted Encumbrances, and
pursuant to such documentation as is reasonably satisfactory to Purchaser, each
such Tower and ground lease; and (c) satisfy all conditions set forth in Article
VI hereof with respect to each such Tower and ground lease. Notwithstanding the
foregoing, should Seller be unable to complete construction of the Existing
Tower Construction Sites by the aforementioned date due, the time for
performance of the foregoing obligations of Seller shall be extended for a
period of time reasonably necessary under the circumstances; provided, however,
that any such extended Existing Tower Construction Sites shall not count as a
terminated Tower as contemplated by Section 2.6 or Article VI hereof.
5.15 HSR Act Compliance. If Purchaser or its counsel determine that
------------------
the parties are required to file with the Federal Trade Commission and the
Antitrust Division of the United States Department of Justice under the Hart-
Scott-Rodino Act (the "HSR Act") in connection with this Agreement, the parties
-------
shall use best efforts to obtain an early termination of the applicable waiting
period, and shall make any
23
<PAGE>
further filings pursuant thereto that may be necessary, proper or advisable in
connection therewith. Purchaser shall pay any filing fee required in connection
therewith.
5.16 Condition of Assets; Intended Use.
---------------------------------
(a) Prior to each of the Closings, Purchaser will have
inspected the Assets to be sold at such Closing and, except for representations
and warranties to the contrary contained in this Agreement and subject to
Section 2.6 hereof, Purchaser will accept such Assets "AS IS" and "WHERE IS."
(b) Except for the representations and warranties EXPRESSLY
given in THIS AGREEMENT, no representation or warranty, express or implied, has
been made by or on behalf of THE Seller with respect to the condition of the
Assets or the present or future suitability thereof for any intended use by
PURCHASER.
(c) Seller makes no warranty, express or implied, regarding
the commercial suitability of the Assets for Purchaser's intended use. Purchaser
acknowledges that Purchaser's knowledge of its intended commercial activity is
equal or superior to that of Seller, and consequently Seller cannot offer, and
have not offered, any warranty, express or implied, with regard to Purchaser's
intended commercial use of the Assets.
5.17 Nonassignable Contracts. (a) Notwithstanding anything to the
-----------------------
contrary in this Agreement, this Agreement shall not constitute an agreement to
assign or transfer any Tower or any governmental approval, instrument, contract,
lease, warranty, permit or other agreement or arrangement or any claim, right or
benefit arising thereunder or resulting therefrom if an assignment or transfer
or an attempt to make such an assignment or transfer without a required approval
or Consent would constitute a breach or violation thereof or affect adversely
the rights of the Seller or the Purchaser.
(b) Seller and Purchaser shall continue to use all reasonable
efforts to obtain any such approval or Consent until such time as such Consent
or approval has been obtained, and Seller will cooperate with Purchaser (it
being understood that such efforts shall not include any requirement of Seller
or Purchaser to expend money or grant any financial accommodation (other than
its own reasonable fees and expenses of counsel and advisors), unless the
Purchaser has agreed to reimburse Seller or such Subsidiaries therefor) to
provide that the Purchaser shall receive the interest of Seller in the benefits
under (and to the extent permitted by) any such instrument, contract, lease,
warranty or permit or other agreement or arrangement. In addition, Seller shall
take such other actions (at Purchaser's expense) as may reasonably be requested
by Purchaser in order to place Purchaser, insofar as reasonably possible, in the
same position as if such governmental approval, instrument, contract, lease,
warranty, permit or other agreement or arrangement had been transferred as
contemplated hereby and so all the benefits and burdens relating thereto shall
inure to and be assumed by the Purchaser from and after the applicable Closing
Date. If and when such Consents and approvals are obtained, the transfer of the
applicable governmental approval, instrument, contract, lease, warranty, permit
or other agreement or arrangement shall be effected in accordance with the terms
of this Agreement; provided, however, that until such time, the Tower at issue
shall not count as a terminated Tower as contemplated by Section 2.6 or Article
VI hereof.
5.18 Casualty Sites. (a) In the event that prior to one of the
--------------
Closings, Seller or Purchaser discovers that a Tower constitutes a Casualty
Site, Seller or Purchaser, as the case may be, shall promptly inform the other
party. If a Tower is deemed a Casualty Site, Seller shall, in its sole
discretion, elect one of the following options with respect to each such
Casualty Site: (i) Seller may elect to exclude any
24
<PAGE>
Casualty Site from the Assets to be transferred pursuant to this Agreement, and
such exclusion shall not count against the total number of Current Towers that
Purchaser may exclude; or (ii) Seller may repair the Tower so as to bring the
condition of such Tower to the condition that it was in immediately prior to the
event or occurrence of casualty causing such Tower to be designated as a
Casualty Site, or, in lieu thereof, pay Purchaser at the relevant Closing the
amount reasonably determined by Seller and agreed to by Purchaser, such
agreement by Purchaser not to be unreasonably withheld, delayed or conditioned,
to be required to repair the Tower in the manner described above.
(b) With respect to each Casualty Site, if Seller does not
repair the Tower or pay Purchaser to repair the Tower pursuant to this Section
5.18 prior to the Expiration Date, then, in each such case, such Casualty Site
shall be treated as if Seller had elected to exclude such Casualty Site from the
Assets to be conveyed hereby; provided, however, that the Tower at issue shall
not count as a terminated Tower as contemplated by Section 2.6 or Article VI
hereof.
5.19 Zoning Inquiries. Seller shall permit Purchaser to contact any
----------------
Governmental Authority about the Assets' compliance with Applicable Laws;
provided, however, that any Towers that Purchaser excludes on the basis of
information learned in the course of such inquiry shall count as a terminated
Tower as contemplated by Section 2.6 or Article VI hereof.
ARTICLE VI-PURCHASER'S CONDITIONS PRECEDENT
The obligations of Purchaser to close on a particular Tower site are
subject to the fulfillment as to such Tower site (subject to Section 2.6) and
related Assets at the applicable Closing of each of the following conditions
(with respect to such Closing):
6.1 Representations and Warranties. Each representation and
------------------------------
warranty of Seller contained herein (irrespective of any knowledge qualifier
contained therein) shall be true and correct in all material respects as of the
Closing, subject to any changes expressly contemplated by this Agreement.
6.2 Covenants. Seller shall have performed and complied with all
---------
covenants or conditions required to be performed and complied with by Seller at
or before the Closing. In addition, (a) the parties shall have received full
clearance to proceed with the transaction contemplated herein if the parties
determined that it was necessary to file under the HSR Act and (b) Purchaser
shall be reasonably satisfied that it will have no obligation to continue
coverage or any Employee Benefits to an employee of Seller as described in
Section 5.6. In addition, Purchaser shall not be obligated to close on a Tower
if such Tower may not be conveyed to Purchaser in light of the covenants
described in Section 5.17 regarding non-assignable contracts or such Tower
constitutes a Casualty Site.
6.3 Proceedings. No Litigation or Order shall have been
-----------
threatened, instituted, or entered to restrain or prohibit the consummation of
this Agreement.
6.4 No Material Adverse Change. There shall have occurred no
--------------------------
material adverse undisclosed condition or material adverse change in the Assets
or in the financial condition of the Seller or its ability to fulfill its
obligations under this Agreement or the Antenna Site Agreements.
6.5 Consents. All Consents necessary to consummate the
--------
transactions contemplated hereby shall have been procured.
25
<PAGE>
6.6 Legal Descriptions, Surveys and Title Policies. Purchaser shall
----------------------------------------------
have been provided for each Real Property parcel and each Easement reasonably
deemed necessary by Purchaser: (a) a legal description conforming to the
requirements of Section 5.8; and (b) if Purchaser so elects, a Title Insurance
Policy. Also, Purchaser shall have obtained a current survey of each Real
Property parcel certified to Purchaser, prepared by a licensed surveyor and
including a surveyor certificate and other matters reasonably satisfactory to
Purchaser (the "Surveys"). Each Survey shall include and depict the legal
description corresponding to the Title Insurance Policy for the subject Real
Property, and shall disclose the location of all Improvements, easements,
roadways, utility lines, and other matters shown customarily on such Surveys,
and shall show access affirmatively to public streets and roads. The Surveys and
Title Insurance Policies shall be provided at Purchaser's sole expense.
6.7 Lease Documentation. The Antenna Site Agreements, all Ground
-------------------
Leases (and recordable memoranda thereof) and all Tower Leases, shall have been
executed by all necessary or appropriate parties and delivered to Purchaser and
Seller shall have delivered to Purchaser any and all documents and instruments
contemplated by this Agreement.
6.8 Estoppel and Consent. Purchaser shall have obtained from each
--------------------
Ground Lease lessor, and if applicable, mortgagee, on any Real Property parcel
to be Ground Leased to Purchaser a recordable estoppel and, if required under
such Ground Lease, consent agreement in form reasonably satisfactory to
Purchaser. Purchaser also shall have received from any other person or entity
holding an interest in the Real Property parcel documentation reasonably
satisfactory to Purchaser confirming Purchaser's right to operate the Assets
thereon, free and clear of any lien, security interest, easement, or other
restriction, except for Permitted Encumbrances.
6.9 Easements. Purchaser shall have been granted or assigned, in
---------
recordable form, all applicable access and guy wire Easements for each Real
Property parcel.
6.10 Certificate. Purchaser shall have received the Seller's
-----------
certificate from Seller dated the applicable Closing Date, in a form reasonably
acceptable to Purchaser, which certificate shall, among other things, update
Seller's representation and warranties under Article III hereof.
6.11 Release of Seller Indebtedness. At or prior to each of the
------------------------------
Closings, Seller shall cause either to be paid off, released of record, bonded
off or insured over by the relevant title insurer any mortgages, deeds of trust,
deeds to secure debt or similar security instruments (collectively,
"Indebtedness") which encumber Seller's title to the Assets to be transferred at
such Closing and secure indebtedness for borrowed money owing by Seller or any
Affiliate of Seller or represent capitalized lease obligations of Seller or any
Affiliate of Seller.
6.12 Title Policies. Each Title Insurance Policy that Purchaser opts
--------------
to procure pursuant to Section 5.9 shall, when issued (A) insure title to the
Real Property (or, if applicable, ground leasehold interest therein) and all
recorded easements and servitudes benefiting such Real Property (or, if
applicable, ground leasehold interest therein), (B) insure over the general
exceptions contained customarily in such policies (Seller will provide all
customary title, lien and possession affidavits required by the title insurer to
accomplish the foregoing), (C) insure that the Real Property described in the
title insurance policy is the same Real Property as shown on the Survey
delivered with respect to such Real Property, (D) insure that there is
unencumbered access to the Real Property, and (E) if the Real Property consists
of more than one record parcel, insure that all of the record parcels are
contiguous to one another.
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<PAGE>
6.13 Ground Leases. With respect to each of the Ground Leases, the
-------------
Purchaser shall have received (a) a recordable form of such Ground Lease (or
memorandum thereof) if the Ground Lease has not been recorded in the appropriate
public records; and (b) the Estoppel Agreement. In addition, each Ground Lease
to be assigned to Purchaser under this Agreement (i) shall have at least fifteen
(15) years remaining under the term, which may include extension terms not yet
exercised, provided that, under the terms of such lease, the extensions are
either automatic or exercisable at the tenant's option and in no event may any
other Person (other than the tenant) be entitled to prevent, refuse or nullify
the exercise of such extension, unless the tenant is in default; and (ii) shall
permit Purchaser to co-locate additional Tenants on the Tower and buildings on
the Land without the requirement to obtain the approval or consent of any other
Person and without the requirement to pay additional money to any other Person.
6.14 All Conditions Satisfied. All actions required to be taken by
------------------------
Seller in connection with consummation of the transactions contemplated hereby
and all certificates, instruments, and other documents required from Seller to
effect the transactions contemplated hereby shall be reasonably satisfactory in
form and substance to Purchaser.
6.15 Financing Condition. The foregoing notwithstanding, Purchaser's
-------------------
obligations to close on any Towers other than the initial 127 Towers included in
the First Closing shall be expressly subject to meeting the Purchaser's
Financing Condition.
ARTICLE VII- SELLER'S CONDITIONS PRECEDENT
The obligations of Seller are subject to fulfillment at or before each
Closing of each of the following conditions (with respect to such Closing):
7.1 Representations and Warranties. Each representation and warranty
------------------------------
of Purchaser contained herein (irrespective of any knowledge qualifier contained
therein) shall be true and correct in all material respects as of the applicable
Closing, subject to any changes expressly contemplated by this Agreement.
7.2 Covenants. Purchaser shall have performed and complied with all
---------
covenants or conditions required to be performed and complied with by it at or
before the applicable Closing.
7.3 Proceedings. No Litigation or Order shall have been entered to
-----------
restrain or prohibit the consummation of this Agreement.
7.4 Consents. All Consents necessary to consummate the transactions
--------
contemplated at such Closing shall have been procured.
7.5 Certificate. Seller shall have received the Purchaser's
-----------
certificate from Purchaser dated the applicable Closing Date, in a form
reasonably acceptable to Seller, which certificate shall, among other things,
update Purchaser's representation and warranties as stated herein.
7.6 All Conditions Satisfied. All actions required to be taken by
------------------------
Purchaser in connection with consummation of the transactions contemplated
hereby and all certificates, instruments, and other documents required from
Purchaser to effect the transactions contemplated hereby shall be reasonably
satisfactory in form and substance to Seller.
27
<PAGE>
7.7 Nondisturbance Agreement. To the extent that Purchaser's lenders
------------------------
seek to encumber any of the Assets transferred hereunder, Purchaser shall
procure from the secured party in whose favor such encumbrance shall be given,
an agreement not to disturb Seller's quiet enjoyment.
ARTICLE VIII-INDEMNIFICATION; REMEDIES
8.1 Indemnity.
---------
(a) Subject to the terms and conditions of this Article VIII,
Seller hereby agrees to indemnify, defend, and hold harmless Purchaser and its
officers, directors, shareholders, agents, and attorneys for, from, and against
all Damages asserted against or incurred by any of them by reason of or
resulting from: (i) a breach by Seller of any representation, warranty, or
covenant made by it herein or in any agreement executed pursuant hereto, and
(ii) the operation and ownership of the Assets prior to the applicable Closing
Date.
(b) Subject to the terms and conditions of this Article VIII,
Purchaser hereby agrees to indemnify, defend, and hold harmless Seller and its
officers, directors, partners, agents, members, managers, and attorneys for,
from, and against all Damages asserted against or incurred by any of them by
reason of or resulting from: (i) a breach by Purchaser of any representation,
warranty, or covenant made by it herein or in any agreement executed pursuant
hereto; (ii) the Assumed Commitments from and after the Closing Date; and (iii)
the operation and ownership of the Assets from and after the Closing Date unless
such Damages are the direct result of the acts or omissions of Seller that
occurred or did not occur, as the case may be, prior to the applicable Closing
Date and continued as acts or omissions thereafter.
(c) Notwithstanding anything to the contrary in this Agreement,
the Seller shall be required to indemnify, defend, and hold harmless Purchaser
and its officers, directors, shareholders, agents and attorneys for Damages or
otherwise only up to a cumulative aggregate maximum of 10% of the sum of the
Closing Prices for all Closings, unless such Damages result from fraud or
intentional misrepresentation by Seller, in which case no such limitation shall
apply. Notwithstanding anything to the contrary in this Agreement, Purchaser
shall be required to indemnify and hold harmless Seller and its officers,
directors, shareholders, agents and attorneys for Damages or otherwise only up
to a cumulative aggregate maximum 10% of the sum of the Closing Prices for all
Closings.
(d) Seller shall not be required to indemnify Purchaser and its
officers, directors, shareholders, agents and attorneys for damages or otherwise
with respect to any claim, liability or loss unless the amount of the aggregate
Damages arising in connection therewith from the same or different facts exceeds
either (i) the cumulative aggregate maximum of 1% of the Purchase Price for each
Tower or (ii) Seventy-Five Thousand and No/100 Dollars ($75,000.00) for a
particular Tower; provided, however, that the foregoing shall not be applicable
to Seller's obligation to make payments under the Antenna Site Agreements. The
foregoing notwithstanding, until Purchaser has confirmed that all Conditions
Precedent contained in Article VI of this Agreement have been satisfied in
accordance with Section 2.6 hereof, the foregoing thresholds shall not apply
and, instead, Seller shall not be required to indemnify Purchaser and its
officers, directors, shareholders, agents and attorneys for damages or otherwise
with respect to any claim, liability or loss unless the amount of the aggregate
Damages arising in connection therewith from the same or different facts
relating to a particular Tower exceeds Five Thousand and No/100 Dollars with
respect to such particular Tower.
8.2 Indemnification Conditions. The indemnification obligations and
--------------------------
liabilities provided for herein are subject to the following terms and
conditions:
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(a) Within 30 days after receipt of notice of commencement of
any action after the written assertion of any third party claim, the party
seeking indemnification (the "Indemnitee") shall give the party providing
indemnification (the "Indemnitor") written notice thereof together with a copy
of such claim, and the Indemnitor shall have the right to undertake the defense
thereof by representatives of its own choosing and at its own expense; provided,
however, that the Indemnitee may participate in the defense with counsel of its
own choice and at its own expense.
(b) If the Indemnitor by the 30th day after receipt of notice
of any such claim (or, if earlier, by the 10th day preceding the day on which an
answer or other pleading must be served in order to prevent default judgment)
does not elect to defend against such claim, the Indemnitee will have the right
to undertake the defense, compromise, or settlement of such claim on behalf of
and for the account and risk and expense of the Indemnitor. The Indemnitor shall
advance payment for such expenses as they are incurred by the Indemnitee within
10 days after request therefor.
(c) Notwithstanding anything to the contrary, the Indemnitor
shall not settle any claim without the consent of the Indemnitee unless such
settlement involves only the payment of money and the claimant provides to the
Indemnitee a release from all liability regarding the claim; provided, however,
that Purchaser must consent to the settlement of an indemnity claim that
involves only the payment of money by Seller as Indemnitor that is either below
the minimum Damages threshold described in Section 8.1(d) or above the maximum
permitted in Section 8.1(c).
8.3 Specific Performance and Other Remedies. Each party
---------------------------------------
acknowledges that its refusal to consummate the transactions contemplated hereby
will cause irrevocable harm to the other, for which there may be no adequate
remedy at law and for which the ascertainment of damages would be difficult.
Therefore, each party shall be entitled, in addition to, and without having to
prove the inadequacy of, other remedies at law, to specific performance of this
Agreement, as well as injunctive relief, without being required to post bond or
other security. The remedies provided in this Article VIII shall not be
exclusive of any other rights or remedies available by one party against the
other, either at law or in equity.
8.4 Reliance on and Survival of Representations, Warranties, and
------------------------------------------------------------
Covenants. Notwithstanding any investigation by any party, or any information
---------
obtained pursuant thereto, each party shall be entitled to rely upon the
representations and warranties of the other party contained in this Agreement or
any related agreement as to compliance with or performance of any covenants made
and as to satisfaction of any conditions precedent. All representations and
warranties in this Agreement or in any related agreement, schedule, exhibit, or
other instrument delivered by or on behalf of a party pursuant hereto, the
covenants of the parties and indemnification obligations of the parties hereto
relating thereto shall survive and continue in effect for a period of eighteen
(18) months after each of the Closings with respect to any matters that relate
to such Closing, subject to any applicable statutes of limitation, except for
representations and warranties regarding Seller's title to Assets and Tax
matters and Purchaser's covenants regarding the Assumed Commitments, which
representations, warranties and covenants shall continue in effect indefinitely
after the date of this Agreement until expiration of the applicable statutes of
limitation period. Notwithstanding the foregoing, with respect to any claim made
by any party hereto in writing specifying such claim on or before expiration of
the eighteen (18) month period or applicable statutes of limitation, as the case
may be, the representations and warranties that are the subject of such claim
and the indemnification obligations with respect thereto shall continue in
effect insofar as they relate or allegedly relate to the claim, until the claim
is finally resolved.
29
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ARTICLE IX-TERMINATION
9.1 Termination by Purchaser. Purchaser may terminate this Agreement
------------------------
(in whole or in part, as applicable) by written notice to the Seller, whereupon
the Deposit, the Second Deposit, if paid, and the Future Towers Deposit, if
paid, shall be returned to Purchaser together with interest thereon:
(a) if any condition precedent to its obligation to close
stated in Article VI has not been fulfilled by the scheduled Closing Date;
(b) if Seller has failed to comply with any material term or
condition of this Agreement and such failure is not cured by the applicable
Closing Date, or Seller has provided Purchaser with materially inaccurate or
misleading information or has failed to disclose fully to Purchaser any material
information about the Assets requested by Purchaser;
(c) if a material adverse undisclosed condition or material
adverse change in the Assets or a material adverse change in the ability of
Seller to carry out any obligation under this Agreement has been discovered or
has occurred after the date hereof and before Closing and Seller has not cured
such condition or adverse change by the applicable Closing Date;
(d) as to specified Assets, provided the requirements of
Section 2.6 and/or Article VI for such termination by Purchaser are satisfied
and Seller has not cured the applicable circumstance or condition by the
applicable Closing Date; or
(e) for any reason other than a default by Purchaser if the
Closings have not occurred in accordance with Article II hereof.
9.2 Termination by Seller. Seller may terminate this Agreement by
---------------------
written notice to Purchaser if any of the following events occur and the
occurrence of such event is attributable to the act or omission of Purchaser,
whereupon the Deposit, the Second Deposit, if paid, and the Future Towers
Deposit, if paid, shall be forfeited by Purchaser and shall be paid in full to
Seller:
(a) any of the conditions precedent to its obligation to close
stated in Article VII have not been fulfilled by the scheduled Closing Date and
such failure results from the act or failure to act of Purchaser;
(b) Purchaser has failed to comply with any material term or
condition of this Agreement and such failure is not cured by the applicable
Closing Date; or
(c) for any reason resulting from the act or failure to act of
Purchaser if the Closings have not occurred in accordance with Article II
hereof.
9.3 Exclusion of Certain Towers. Purchaser shall have the option to
---------------------------
exclude from the Assets, and terminate this Agreement as to, any Assets with
respect to which all conditions precedent to Purchaser's obligations to acquire
a specific Tower have not been satisfied as of the Closing. Notwithstanding the
foregoing, if pursuant to Article VI or Section 2.6 hereof, Purchaser elects to
terminate with respect to an aggregate of either (i) nineteen (19) Towers to be
conveyed at the First Closing, or (ii) at least forty-five (45) of the Current
Towers in the First or Second Closings, Seller may terminate this Agreement as
to all Assets, including Current Towers and Future Towers, not previously
conveyed.
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ARTICLE X-MISCELLANEOUS
10.1 Amendment. This Agreement may be amended or changed only in
---------
writing executed by the party against which enforcement of the amendment,
modification or change is sought.
10.2 Assignment. Neither this Agreement nor any right created hereby is
----------
assignable by either party hereto, except by a party to an Affiliate, a direct
or indirect wholly owned subsidiary of such party, or a party which acquires
through merger, stock purchase or a purchase of substantially all of the assets
of such party; provided, however, that any such assignment shall not relieve the
assignor from its obligations hereunder. This Agreement and the rights,
interests and obligations hereunder shall be binding upon and shall inure to the
benefit of the parties hereto and their respective heirs, personal
representatives, estates, devisees, successors and permitted assigns.
10.3 Amendments; Remedies. All rights and remedies of the parties
--------------------
hereunder are cumulative, and are not exclusive of any rights or remedies
provided by law or in equity, and may be pursued singularly, successively, or
together, and may be exercised as often as the occasion therefor shall arise.
10.4 Notices. Any notice or other communication to be given under this
-------
Agreement by any party to any other party shall be in writing and shall be
either (a) personally delivered, (b) mailed by registered or certified mail,
postage prepaid with return receipt requested, (c) delivered by overnight
express delivery service or same-day local courier service, or (d) delivered by
facsimile transmission, to the address set forth below, or to such other address
as may be designated by the parties from time to time in accordance with this
Section 10.4.
If to Seller: Louisiana Unwired L.L.C.
One Lakeshore Drive, Suite 1900
Lake Charles, Louisiana 70629
Attn: Chief Financial Officer
With copies to: Louisiana Unwired L.L.C.
P.O. Box 3709
Lake Charles, Louisiana 70629
Attn: General Counsel
If to Purchaser: SBA Properties, Inc.
One Town Center Road, 3/rd/ Floor
Boca Raton, Florida 33486
Attn: Mr. John Marino, Chief Financial Officer
With copies to: SBA Properties, Inc.
One Town Center Road, 3/rd/ Floor
Boca Raton, Florida 33486
Attn: Thomas Hunt, Esq., General Counsel
Notices delivered personally, by overnight express delivery service or by local
courier service shall be deemed given as of actual receipt. Mailed notices shall
be deemed given three business days after mailing. Notices delivered by
facsimile transmission shall be deemed given upon receipt by the sender of the
transmission confirmation.
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10.5 Entire Agreement. This Agreement and the Exhibits and Schedules
----------------
hereto supersede all prior agreements and understandings relating to the subject
matter hereof, except that the obligations of any party under any agreement
executed pursuant to this Agreement shall not be affected by this Section 10.5.
10.6 Costs and Expenses. Whether or not the transactions contemplated
------------------
hereby are consummated, each party shall bear its own costs and expenses
(including attorneys' fees), and each party agrees to pay the costs and
expenses, including reasonable attorneys' fees, incurred by the prevailing party
in litigation or other proceeding to enforce or interpret this Agreement.
10.7 Severability. If any provision of this Agreement is held to be
------------
illegal, invalid, or unenforceable, the provision shall be severable and this
Agreement shall be construed and enforced as if such provision were never a part
hereof, and the remaining provisions hereof shall remain in full force and
effect.
10.8 Governing Law. This Agreement and the rights and obligations of
-------------
the parties hereto shall be governed by and construed and enforced in accordance
with the laws of the State of New York.
10.9 Counterparts. This Agreement may be executed in counterparts, each
------------
of which shall be deemed an original, and all of which together shall constitute
one instrument.
IN WITNESS WHEREOF, the parties have made and entered into this
Agreement as of the date first written above.
PURCHASER:
SBA PROPERTIES, INC.
By:___________________________
Name:
Title:
SELLER:
LOUISIANA UNWIRED L.L.C.
By:___________________________
Name:
Name:
Title:
32
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SCHEDULE 3.5
None.
33
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EXHIBIT A
TOWER CRITERIA
The Tower Criteria shall be the load capacity of the Towers reflected on
the drawings that are attached hereto (sites: DEC 5, LC 33, and TYLER 18) and a
Tower shall be deemed to have met the minimum specifications of the Tower
Criteria if such does Tower's load capacity is not materially less than the load
capacity for such attached Towers.
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EXHIBIT B
ANTENNA SITE AGREEMENT
2. ANTENNA SITE AGREEMENT
================================================================================
1. Premises and Use. SBA Properties, Inc., a Florida corporation ("Owner")
leases to Louisiana Unwired, LLC, a Louisiana limited liability company
("Tenant"), the site described below: Tower antenna space; Ground space for
placement of Pad or Shelter ("Shelter") for Tenant's base station equipment
consisting of approximately _______________ square feet; and space required for
Tenant's cable ladders, cable runs and cable bridges to connect
telecommunications equipment and antennas, in the location shown on Exhibit A,
together with a non-exclusive easement for access thereto and to the
appropriate, in the discretion of Tenant, source of electric and telephone
facilities, (collectively, the "Site"). The Site will be used by Tenant for the
purpose of installing, removing, replacing, modifying, maintaining and
operating, at its expense, a telecommunications service system facility
consisting of the antenna(s) and related equipment set forth on Exhibit B (the
"Equipment"). If Tenant desires to place equipment on the Site in addition to
that listed on Exhibit B, Owner and Tenant will in good faith negotiate (with
both Tenant and Owner allowed to consider and take into consideration all
factors and events known to them at the time of such negotiations) the placement
of the additional equipment and the associated increased rent. In the event
Owner and Tenant reach agreement on the additional equipment and associated
increase in rent, all other provisions of this Agreement shall remain in full
force and effect as to such new equipment and existing equipment. The placement
of substitution equipment in accordance with Section 9 shall not constitute
additional equipment unless the same shall utilize additional space or capacity.
Tenant will use the Site in a manner which will not unreasonably disturb the
occupancy of Owner's other tenants, and Owner shall use its best efforts to
prohibit other users from using the Site in a manner that unreasonably disturbs
Tenant. [RIGHT OF FIRST REFUSAL AND OPTION LANGUAGE FROM PURCHASE AND SALE
AGREEMENT TO BE INSERTED HERE FOR THE APPLICABLE TOWERS]
2. Term. The "Initial Term" of this Agreement shall be ten (10) years beginning
on the date set forth below ("Commencement Date") and terminating on the tenth
anniversary of the Commencement Date. This Agreement will automatically renew
for three (3) additional terms (each a "Renewal Term") of five (5) years each,
unless Tenant provides notice to Owner of its intention not to renew not less
than one-hundred and twenty (120) days prior to the expiration of the Initial
Term or any Renewal Term. COMMENCEMENT DATE: ____________, 2000.
------------------
3. Rent. Annual rent in the amount of One Thousand Five Hundred Dollars ($1,500)
will be due on the Commencement Date and will be increased (and due) annually on
each anniversary of the Commencement Date (during the Initial and all Renewal
Terms) by 4% of the annual rate in effect for the prior year. Rent shall be
apportioned for any fractional year in which the Term begins or ends.
4. Title and Quiet Possession. Owner represents and agrees (a) that it is in
possession of the Site as either fee owner or lessee under a valid ground
35
<PAGE>
lease, ("Ground Lease"); (b) that if applicable, upon request from Tenant, Owner
will provide to Tenant a copy of the Ground Lease with financial and other
confidential terms redacted attached hereto as Exhibit "E"; (c) that it has the
right to enter into this Agreement; (d) that the person signing this Agreement
has the authority to sign on behalf of Owner; (e) that the execution and
delivery of this Agreement by Owner does not conflict with any applicable law or
agreement to which Owner is a party that affects Owner's ability to perform its
obligations hereunder or Tenant's rights hereunder; and (f) that Tenant is
entitled to the quiet possession of the Site subject to zoning and other
requirements imposed by governmental authorities, any easements, restrictions,
or encumbrances of record throughout the Initial Term and each Renewal Term so
long as Tenant is not in default beyond the expiration of any cure period.
Notwithstanding anything to the contrary contained in this Agreement, if the
Site is subject to a Ground Lease, either party may terminate this Agreement
without further liability upon the termination or expiration of Owner's right to
possession of the Site under the Ground Lease. Owner will not do, attempt,
permit or suffer anything to be done which could be construed to be a violation
of the Ground Lease. This Agreement is subordinate to any mortgage or deed of
trust now of record against the Site. Promptly after this Agreement is fully
executed, Owner will request the holder of any such mortgage or deed of trust to
execute a non-disturbance agreement in a form provided by Tenant, and Owner will
cooperate with Tenant at Tenant's sole expense toward such an end to the extent
that such cooperation does not cause Owner additional unreimbursed financial
liability. Tenant will not, directly or indirectly, on behalf of itself or any
third party, communicate, negotiate, and/or contract with the lessor of the
Ground Lease, unless Owner's rights under the Ground Lease have been terminated.
5. Assignment/Subletting. Tenant may not assign or transfer this Agreement
without the prior written consent of Owner, which consent will not be
unreasonably withheld, delayed or conditioned. However, Tenant may assign this
Agreement without the Owner's prior written consent to any party controlling,
controlled by or under common control with Tenant or to any party with which it
merges or that purchases all or substantially all of the assets of Tenant,
provided that the assuming party has comparable credit quality to that of
Tenant. Tenant may also assign this agreement without Owner's consent to any
holder or licensor of Tenant's frequency provided that the assuming party has
comparable credit quality to that of Tenant. Tenant may not sublease this
Agreement. Upon assignment in accordance herewith, Tenant shall be relieved of
any and all obligations or liability arising subsequent to such assignment.
6. Access and Security. Tenant will have the reasonable right of access to the
Tower where its equipment is located without providing notice to Owner unless
notice is required under the terms of the underlying ground lease. Tenant will
have unrestricted access twenty-four (24) hours a day seven (7) days a week to
its Pad or Shelter. In the event of an emergency situation which poses an
immediate threat of harm or damage to persons and/or property (including the
continued operations of Tenant's telecommunications equipment) which requires
entry on the Tower, Tenant may enter same and take the actions that are required
to protect individuals or personal property from the immediate threat of harm or
damage; provided that promptly after the emergency entry and in no event later
than twenty-four (24) hours, Tenant gives telephonic and written notice to Owner
of Tenant's entry onto the Site.
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<PAGE>
7. Notices. All notices must be in writing and are effective when deposited in
the U.S. mail, certified and postage prepaid, or when sent via overnight
delivery, to the address set forth below, or as otherwise provided by law.
If to Tenant: Louisiana Unwired, LLC
Attn: Site Acquisition
and Development Dept.
P.O. Box 3709
Lake Charles, LA 70602-3709
(318) 436-9000
If to Tenant's Lender:
COBANK, ACB
Attn: Rural Utility
Banking Group
900 Circle 75 Parkway,
Suite 1400
Atlanta, GA 30339
(770) 618-3200
Owner: SBA Properties, Inc.
One Town Center, 3rd Floor
Boca Raton, FL 33486
Attn: Site Administration
Rental Payments:
SBA Properties, Inc.
P.O. Box 945752
Atlanta, GA 30394-5752
8. Installation and Improvements. Prior to installing or allowing any additional
Equipment to be installed at the Site or making any changes, modifications or
alterations to such Equipment, Tenant, at its expense, will obtain all required
approvals and will submit to Owner plans, specifications and proposed dates of
the planned installation or other activity, for Owner's approval which approval
will not be unreasonably withheld, delayed or conditioned, including, if
reasonably requested by Owner, a tower loading study and/or an intermodulation
study performed and certified by an independent licensed professional engineer.
The approved plans will be deemed incorporated into this Agreement. All
installation of or other work on Tenant's equipment on the Tower will be at
Tenant's sole expense and performed, at Tenant's option, by a licensed third
party contractor or by Owner or one of its affiliates or subsidiaries which
services shall be performed at fair market rates. Owner shall have the right to
bid on all work performed on Tenant's behalf at the Site. All installations,
operation and maintenance of Equipment must be in accordance with Owner's
policies set forth in Exhibit D. Owner reserves the right to prohibit operation
of any Equipment it reasonably deems to be improperly installed, unsafe or not
included in the installation design plan after forty eight (48) hour notice to
Tenant. Owner agrees that Tenant may install, at Tenant's sole cost and expense
as required for Tenant's Equipment, a backup generator to provide backup power
in the event of a power outage at the Site. Owner agrees to cooperate with
Tenant's reasonable requests, at Tenant's expense, with respect to obtaining any
required zoning approvals for the Site and any improvements. Upon termination or
expiration of this Agreement, Tenant shall remove its Equipment listed on
Exhibit A and any other improvements and will restore the Site to the condition
existing on the Commencement Date, except for ordinary wear and tear and insured
casualty loss. If Tenant fails to remove its equipment as specified in the
preceding sentence, Tenant's equipment will be subject to disconnection,
removal, and disposal by Owner. If Tenant's Equipment remains on the Site after
the termination or expiration date (even if it has been disconnected), and after
Owner has provided five (5) days notice to Tenant, Tenant will pay to Owner a
37
<PAGE>
hold-over fee equal to one hundred fifty percent (150%) of the then-effective
monthly rent, prorated from the effective date of termination to the date the
Equipment is removed from the Site. Owner will have the right (but not the
obligation) to disconnect and remove equipment from the Site. If, after the
termination date, Owner disconnects and removes equipment, Tenant will pay to
Owner upon demand one hundred fifty percent (150%) of the disconnection, removal
and storage expenses incurred by or on behalf of Owner. If the Equipment is not
reclaimed by Tenant within forty-five (45) days of its removal from the Site,
and after Tenant has received at least five (5) business days notice, Owner has
the right to sell the Equipment and deduct therefrom any amounts due under this
Agreement, returning the remainder to Tenant. Upon written notice by Owner to
Tenant not less than five (5) business days beforehand, unless such notice can
not reasonably be provided in which event Owner will give Tenant the earliest
possible reasonable notice, Tenant will cooperate with Owner in rescheduling its
transmitting activities, reducing power, or interrupting its activities for
limited periods of time in the event of an emergency or in order to permit the
safe installation of new equipment or new facilities at the Site or to permit
repair to facilities of any user of the Site or to the related facilities.
9. Compliance with Laws. Except for representations by Owner contained in this
Agreement, Tenant agrees to take the Site in strictly "as is" condition. Owner
represents that the Site, its property contiguous thereto, and all improvements
located thereon, are in material compliance with building, life/safety,
disability and other laws, codes and regulations of applicable governmental
authorities. Tenant will materially comply with all applicable laws relating to
its possession and use of the Site and its Equipment. Within sixty (60) days
after execution of this Agreement, Tenant shall provide Owner with a copy of the
FAA Determination of No Hazard which grants approval to Tenant's frequencies and
power (ERP) to be used at the Site. Upon request by Owner, Tenant will produce
satisfactory evidence that all equipment installed at the Site complies with
federal regulations pertaining to radio-frequency radiation standards and is
licensed with the FCC, if applicable. Owner accepts responsibility for the
Site's compliance with all tower or building marking and lighting regulations
promulgated by the Federal Aviation Administration "FAA" or the Federal
Communications Commission "FCC," as applicable. Owner represents and warrants
that the Site complies with all applicable tower or building marking or lighting
regulations promulgated by the FAA or the FCC. Owner agrees that Tenant may
install, at Tenant's sole cost and expense as required for Tenant's Equipment, a
tower lighting alarm monitoring system (including, but not limited to,
commercial power and a dedicated surveillance telephone line) to monitor the
status of the tower/building lighting. Owner shall be solely responsible for
reporting any lighting outages or malfunctions to the appropriate governmental
authorities. Tenant's installation of such tower/building lighting alarm
monitoring system will not relieve Owner of its primary responsibility for
compliance with all applicable tower or building marking and lighting
requirements.
10. Insurance. Tenant will procure and maintain a public liability policy, with
limits of not less than $1,000,000 for bodily injury, $1,000,000 for property
damage, $2,000,000 aggregate, which minimum Owner may reasonably require
adjusting at each renewal term, with a certificate of insurance to be furnished
to Owner within thirty (30) days of execution of this Agreement and prior to
performing any work. Such policy will provide that cancellation will not occur
without at least fifteen (15) days prior written notice to Owner. Tenant will
cause Owner to be named as an additional insured on such
38
<PAGE>
policy.
11. Interference. Tenant understands that, subject to the terms of this
Agreement, it is the intent of Owner to accommodate as many users as possible
and that Owner may rent space to any other entity or person(s) desiring its
facilities. Tenant shall use its best efforts to not cause, by its transmitter
or other activities, including the addition of any equipment at a future date,
interference to Owner or other tenants that have previously commenced rental
payments. Tenant shall provide Owner with a list of frequencies to be used at
the Site prior to putting said frequencies into operation. If interference
occurs which involves Tenant, regardless of Tenant's use of best efforts to
avoid interference, Owner may require that an intermodulation study be conducted
at Tenant's cost. Tenant shall have the right to participate in any such
intermodulation studies. If Owner determines that the interference is the
responsibility of Tenant, Owner will notify Tenant and Tenant shall have five
(5) business days from date of notice to correct the interference and if not
corrected, Tenant shall cease, and Owner shall have all rights to any legal
means necessary including injunctive relief and, upon five (5) business days
prior notice, self help remedies to cause Tenant to cease transmission, except
for intermittent testing for the purpose of correcting the interference. If
interference cannot be corrected within sixty (60) calendar days from Tenant's
receipt of Owner's notice, then Owner may terminate this Agreement without
further obligations to Tenant. Further, if Owner or Tenant determines that
another tenant at the Site is causing interference to Tenant and the
interference is not corrected within sixty (60) days from Owner's determination,
and such interference precludes Tenant from using the Site for its intended
purpose, Tenant may terminate this Agreement. Owner will require substantially
similar interference language as outlined in this paragraph in all future Tenant
Agreements related to this Site.
12. Utilities. Tenant will pay for all utilities used by it at the Site and
Tenant will install its own electric meter. Tenant will be responsible directly
to the appropriate utility companies for all utilities required for Tenant's use
of the Site. However, Owner agrees to cooperate with Tenant, at Tenant's
expense, in its efforts to obtain utilities from any location provided by the
Owner or the servicing utility. Temporary interruption in the power provided by
the facilities will not render Owner liable in any respect for damages to either
person or property nor relieve Tenant from fulfillment of any covenant or
agreement hereof. If any of Tenant's communications Equipment fails because of
loss of any electrical power, and the restoration of the electrical power is
within the reasonable control of Owner, Owner will use its best efforts to cause
the applicable utility company to restore the electrical power promptly, but
will have no claim for damages on account of an interruption in electrical
service occasioned thereby or resulting therefrom unless the interruption is a
result of Owner's gross negligence.
13. Relocation Right. If reasonably determined necessary by Owner to relocate
the tower, Owner will have the right to relocate the telecommunications facility
of Tenant, or any part thereof, to an alternate tower location (Relocation Site)
on Owner's property; provided, however, that such relocation will (1) be at
Owner's sole cost and expense, (2) be performed exclusively by Tenant or its
agents, (3) not unreasonably result in any interruption of the communications
service provided by Tenant on Owner's property, and (4) not impair, or in any
manner alter, the quality of communications service provided by Tenant on and
from Owner's property. Owner will exercise its relocation right by delivering
written notice to Tenant. In the notice, Owner will propose an alternate site on
Owner's property to which Tenant may relocate its Equipment. Tenant will have
39
<PAGE>
sixty (60) days from the date it receives the Notice to evaluate Owner's
proposed relocation site, during which period Tenant will have the right to
conduct tests to determine the technological feasibility of the proposed
relocation site. Failure to respond in writing within the sixty (60) day period,
will be deemed an approval. If Tenant disapproves such relocation site, then
Owner may thereafter propose another relocation site by notice to Tenant in the
manner set forth above. Tenant's disapproval of a relocation site must be
reasonable. Tenant will have a period of ninety (90) days after completion of
the Relocation Site to relocate (at Owner's expense) its Equipment to the
Relocation Site. Owner and Tenant hereby agree that the Relocation Site
(including the access and utility right of way) may be surveyed by a licensed
surveyor at the sole cost of Owner, and such survey will then supplement Exhibit
A and become a part hereof.
14. Termination by Tenant. Tenant may terminate this Agreement at any time by
notice to Owner without further liability if (i) Owner fails to have proper
possession of the Site or authority to enter into this Agreement; or (ii) Tenant
does not obtain, after making diligent efforts, all permits or other approvals
(collectively, "approval") required from any governmental authority or any
easements required from any third party to operate the telecommunications system
facility, or if any such approval is canceled, expires, is withdrawn or
terminated by such governmental authority or third party following Tenant's
diligent efforts to maintain such approval.
15. Default. If the Rent or other amount due hereunder is not paid in accordance
with the terms hereof, Tenant will pay interest on the past due amounts at the
lesser of (i) the rate of one and one-half percent (1.5%) per month, or (ii) the
maximum interest rate permitted by applicable law. If either party is in default
under this Agreement for a period of (a) ten (10) days following receipt of
notice from the non-defaulting party with respect to a default which may be
cured solely by the payment of money, or (b) thirty (30) days following receipt
of notice from the non-defaulting party with respect to a default which may not
be cured solely by the payment of money, then, in either event, the non-
defaulting party may pursue any remedies available to it against the defaulting
party under applicable law, including, but not limited to, the right to
terminate this Agreement. If the non-monetary default may not reasonably be
cured within a thirty (30) day period, this Agreement may not be terminated if
the defaulting party commences action to cure the default within such thirty
(30) day period and proceeds with due diligence to fully cure the default.
16. Taxes. Tenant shall pay all taxes, including, without limitation, sales, use
and excise taxes, and all fees, assessments and any other cost or expense now or
hereafter imposed by any government authority in connection with Tenant's
payments to Owner, Tenant's Equipment or Tenant's use of the Site. In addition,
Tenant shall pay that portion, if any, of the personal property taxes or other
taxes attributable to Tenant's Equipment. Tenant shall pay as additional rent
any increase in real estate taxes levied against the Site and Tenant's Equipment
attributable to the Tenant's use and occupancy of the Site. Payment shall be
made by Tenant within thirty (30) days after presentation of receipted bill
and/or assessment notice which is the basis for the demand.
17. Indemnity. Owner and Tenant each indemnifies the other against and holds the
other harmless from any and all costs (including reasonable attorneys' fees and
costs) and claims of liability or loss which arise out of the use and/or
occupancy of the Site by the indemnifying party including, without limitation,
any damage occurring outside of the Site in connection with such parties
installation of Equipment. This indemnity does not apply to any claims
40
<PAGE>
arising from the negligence or intentional misconduct of the indemnified party.
Except for its own acts of negligence or intentional misconduct, no party to
this Agreement will have any liability for any loss or damage due to personal
injury or death or property damage experienced by the other party for any reason
whatsoever. Except for its own acts of gross negligence, neither party to this
Agreement will have any liability to the other for loss of revenues due to
discontinuance of operations at the Site, libel or slander, or imperfect or
unsatisfactory communications experienced by the Tenant or other tenants at the
site for any reason whatsoever. In addition, Tenant releases or discharges Owner
from any obligation to indemnify or hold Tenant harmless from any loss, damages,
fines, penalties or costs which results from the acts or omissions of Tenant or
any of its affiliates prior to the Date of this Agreement,
18. Hazardous Substances. Owner represents that it has no knowledge of any
substance, chemical or waste (collectively, "substance") on the Site that is
identified as hazardous, toxic or dangerous in any applicable federal, state or
local law or regulation. Tenant or Owner will not transport, introduce or use
any such substance on the Site in violation of any applicable law, or permit any
discharge or release of such substance on the Site.
19. Liens. Tenant will not permit any mechanics, materialman's or other liens
to stand against the Site for any labor or material furnished the Tenant in
connection with work of any character performed on the Site by or at the
direction of the Tenant. In the event that any notice of lien will be filed or
given, Tenant will, within thirty (30) days after the date of filing cause the
same to be released or discharged by either payment, deposit, or bond. Owner
will be indemnified by Tenant from and against any losses, damages, costs,
expenses, fees or penalties suffered or incurred by Owner on account of the
filing of the claim or lien. Tenant shall not be responsible for any
consequential damages incurred by Owner on account of the filing of the claim or
lien.
20. Casualty or Condemnation. In the event of any damage, destruction or
condemnation of the Site, or any part thereof, not caused by Tenant that renders
the Site unusable or inoperable, Owner will have the right, but not the
obligation, to provide an alternate location, whether on the same Site or
another Site, or to terminate this Agreement within thirty (30) days after the
damage, destruction or condemnation. If Owner chooses to terminate this
Agreement, Owner agrees that it will, subject to any necessary third party
consents or approvals, assign the underlying ground lease to Tenant for no
consideration. If Owner does not terminate this Agreement: (i) the rent payable
hereunder will be reduced or abated in proportion to the actual reduction or
abatement of use of the Site by Tenant; and (ii) Owner will make any necessary
repairs to the Site caused by the damage or destruction and will be entitled to
use any and all insurance proceeds to pay for any repairs. In the event Owner
has not proceeded to repair, replace or rebuild the Site within sixty (60) days
after the damage or destruction, after giving thirty (30) days written notice
and Owner's failure to comply within that time frame, then Tenant may terminate
this Agreement. Owner will in no event be liable to Tenant for any damage to or
loss of Tenant's Equipment by Tenant's act or omission, or Tenant's violation of
any of the terms, covenants or conditions of this Agreement (unless caused
solely by Owner's intentional misconduct or negligence). Owner will in no event
be liable to Tenant for any loss or damage sustained by reason of any business
interruption suffered by reason of any act of God, (unless caused solely by
Owner's intentional misconduct or gross negligence). The terms and conditions of
this Section 20 shall survive the termination of this Agreement. Owner
acknowledges that Tenant may have certain emergency procedures that Tenant
41
<PAGE>
may desire to implement, including the temporary location of a cell on wheels on
the Site, in the event of a casualty. To the extent possible, Owner will
cooperate with Tenant in Tenant's implementation of its emergency responses as
the same may exist from time to time.
21. Confidentiality. Each party agrees, unless consented to by the other party,
not to discuss publicly, advertise, nor publish in any newspaper, journal,
periodical, magazine, or other form of mass media, the terms or conditions of
this Agreement or the underlying Ground Lease, except as required by securities
or other applicable laws or pursuant to and in accordance with an order from a
court or administrative agency of competent jurisdiction. Doing so shall
constitute a default under this Agreement immediately. The parties agree that
neither will discuss the terms and conditions of this Agreement with any parties
not directly involved with this Agreement. Nothing in this Section shall
prohibit either party from discussing the terms and conditions of this Agreement
with their respective legal or financial advisors, so long as such advisors
understand and agree to the terms of this confidentiality provision.
22. Bankruptcy and Insolvency. Owner and Tenant agree that this Agreement
constitutes a lease of non-residential real property for the purposes of 11
U.S.C. ss. 365 (d) (4) or any such successor provision.
23. Rights of Tenant's Lender. Owner acknowledges that Tenant may obtain
financing from third party lenders (the "Lenders") to finance Tenant's system.
In connection with any such financing, and notwithstanding anything contained in
this Agreement to the contrary, Owner agrees, without further notice or consent
of Owner, and for the benefit of Lenders, as follows: (i) to the collateral
assignment from time to time of this Agreement to Lenders with prior written
notice to Owner; (ii) to subordinate any and all security interests, liens and
similar rights Owner may have, whether by agreement or at law or equity, in and
to the improvements, equipment and other property of Tenant placed or located on
or arising from the use of the Site (the "Tenant Property") to any lien in such
property granted from time to time to Lenders, and not to take any action to
enforce or realize upon any such security interest, lien or other right it may
have without prior written consent of Lenders; (iii) that, as between Owner and
Lenders, all Tenant Property shall remain personal property and will not become
part of the Site, and Lenders may during the term of this Agreement with five
(5) days prior written notice to Owner, enter the Site to remove the Tenant
Property; (iv) to provide Lenders notice of any default under this Agreement (at
such address as Lenders shall designate to Owner in writing) and to give Lenders
thirty (30) days to cure such default prior to terminating this Agreement, and
if Lenders do not cure such default within the thirty (30) day time frame
provided for in this Agreement, Owner shall have the right to remove Tenant's
equipment from the Tower and store it at Tenant's expense; (v) in the event
Lenders or their designees succeeds to Tenant's interest in this Agreement
pursuant to the collateral assignment hereof, to recognize Lenders' or such
designee's rights as Tenant under this Agreement, provided Lenders or such
--------
designee, from and after the date of such succession, comply with the terms of
this Agreement; (vi) that, at the option of Lenders, the Tenant Property may
remain on the Site for sixty (60) days after termination of this Agreement
following a default and, during such period, Lenders shall have access to and
the right to remove such Tenant Property with five (5) days prior written notice
to Owner, provided Lenders shall pay rent at the rate provided for in this
--------
Agreement, pro rated on a per diem basis, without Lenders incurring any other
obligation under this Agreement; and (vii) to execute such consents or other
documents as Lenders may reasonably request to evidence the agreements set forth
in this
42
<PAGE>
Article 23. Owner and Tenant agree that _____________is a third party
beneficiary of this contract and that ___________ shall be entitled to enforce
this Section of this Agreement. All notices to ________ pursuant to this
Agreement shall be sent to __________, at _________________, (___) ___-____.
Both Owner and Tenant also agree that they shall not amend the term or rental
provisions of this lease without the prior consent of ________, ______ agreeing
that exercise of a renewal term under this lease shall not be construed as an
amendement. In exercising any of their rights under this lease pursuant to (v)
or (vi) of this Section, including their right to remove any of Tenant's
equipment from the Tower, the Lenders must otherwise comply with all of the
terms of this Agreement.
24. Landscaping. Owner agrees that it will keep the landscaping and grass at
the Site in a reasonable and customary manner to allow for adequate access to
the Site.
25. Miscellaneous. (a) This Agreement applies to and binds the heirs,
successors, executors, administrators and assigns of the parties to this
Agreement; (b) This Agreement is governed by the laws of the State in which the
Site is located; (c) If requested by Tenant, Owner agrees to promptly execute
and deliver to Tenant a recordable Memorandum of this Agreement in the form of
Exhibit C; (d) This Agreement (including the Exhibits) constitutes the entire
Agreement between the parties and supersedes all prior written and verbal
agreements, representations, promises or understandings between the parties. Any
amendments to this Agreement must be in writing and executed by both parties;
(e) If any provision of this Agreement is invalid or unenforceable with respect
to any party, the remainder of this Agreement or the application of such
provision to persons other than those as to whom it is held invalid or
unenforceable, will not be affected and each provision of this Agreement will be
valid and enforceable to the fullest extent permitted by law; (f) The prevailing
party in any action or proceeding in court or mutually agreed upon arbitration
proceeding to enforce the terms of this Agreement is entitled to receive its
reasonable attorneys' fees and other reasonable enforcement costs and expenses
from the non-prevailing party; (g) Failure or delay on the part of Tenant or
Owner to exercise any right, power, or privilege hereunder will not operate as a
waiver thereof; waiver of a breach of any provision hereof under any
circumstances will not constitute a waiver of any subsequent breach of the
provision, or of a breach of any other provision of this Agreement; and (h)
Tenant agrees and acknowledges that, in conjunction with other pre-existing
broadcast entities which may transmit from the Site, if necessary due to FCC RF
emission standards and upon reasonable notice, Tenant shall reduce power or
terminate station operations to prevent possible overexposure of worker to RF
radiation.
26. Pre-Existing Conditions. Tenant and Owner acknowledge that Owner has
obtained title to the Tower and Site pursuant to the transaction contemplated by
a Purchase Agreement by and between Tenant and Owner and that Tenant, or certain
of its affiliates, previously developed, constructed, owned and operated the
Tower and Site. Accordingly, notwithstanding any provision to the contrary
contained herein, Tenant (a) consents to any lease, sublease, license or other
occupancy agreement (and any extension or renewal thereof) in effects as of the
Date of this Agreement with respect to the Tower and Site, (b) consents to the
equipment type and operating frequencies of any leases and subleases located on
the Tower and Site of the Date of this Agreement, (c) consents to any
connections to the utility improvements on the Site in existence as of the Date
of this Agreement, (d) waives, relinquishes, discharges and agrees not to assert
any claims or rights which may have with respect to any act, omission, condition
or matter which constitute a default by Owner
43
<PAGE>
under this Agreement if the same results from the acts or omission of, or
conditions or matter caused by, Tenant or any of its affiliates prior to the
Date of this Agreement, (e) releases and discharges Owner from any obligation to
pay any sum or perform any obligation otherwise to be paid or performed
hereunder if such sum should have been paid or obligation should have been
performed by Tenant or any of it affiliates prior to the Date of this Agreement,
(f) releases or discharges Owner from any obligation to Tenant to maintain any
Tower or Site in a condition better than it existed as of the Date of this
Agreement, and (g) agrees that its RF Emissions requirements shall not be
superior to any occupants of the Site in occupancy as of the Date of this
Agreement unless the agreements entered into with such other occupants prior to
the Date of this Agreement acknowledge the superiority of Tenant's RF Emissions.
The following Exhibits are attached to and made a part of this Agreement:
Exhibit "A" (Site Description), "B" (Antenna and Equipment List), "C"
(Memorandum of Antenna Site Agreement), "D" (Minimum Installation,
Occupancy...), and "E" (underlying Ground Lease).
44
<PAGE>
TENANT: LOUISIANA UNWIRED L.L.C.
____________________________________ Fed Tax ID: 72-1407230
By: Address: One
Lakeshore Drive, Suite 1900
Title: Lake
Charles, LA 70629
Date: ______________________________________
Witness:____________________________ Witness:____________________
OWNER: SBA PROPERTIES, INC.
____________________________________________
By: Neil Seidman Address: One Town Center
Road, 3/rd/ Floor
Title: Director of Acquisitions Boca Raton, FL
33486
Date: _____________________________
Witness:____________________________ Witness:____________________
1
<PAGE>
EXHIBIT A
SITE DESCRIPTION
Site located at_________________________ situated in the City of_____, County of
_________________,
State of ___________________
Legal Description:
Latitude:(degree) ' " Longitude:(degree) ' "
2
<PAGE>
(b) EXHIBIT B
(c) ANTENNA AND EQUIPMENT LIST
Antenna(s):
Quantity:
Type:
Manufacturer:
Model:
Dimensions:
Weight:
Mounting:
Orientation:
Downtilt:
Cable:
Number of Lines:
Type:
Size:
Dish:
Quantity
Manufacturer:
Model:
Dimensions:
Weight:
Mount:
At _________' height level.
Orientation
Cable/Type Mount:
GPS Receiver:
Quantity:
Manufacturer:
Model:
Dimensions:
Mount Location:
Cable/Mount:
3
<PAGE>
Ground Space Requirements:
Tenant provided Shelter:
Dimensions:
Type Shelter:
Existing Shelter Space:
Dimensions Needed:
Transmitter
Quantity:
Manufacturer:
Model:
Power Output (Watts):
Transmitter Cabinet
Quantity:
Manufacturer:
Model:
Dimensions:
Weight:
Other Equipment:
Frequencies:
Transmit:________MHz
Receive:_________MHz
ERP:
Transmitter Operating Power:
4
<PAGE>
EXHIBIT C
MEMORANDUM OF ANTENNA SITE AGREEMENT
6
<PAGE>
After recording return to:
-------------------------
STATE OF
COUNTY OF
(ii) MEMORANDUM OF ANTENNA SITE AGREEMENT
This memorandum evidences that a lease was made and entered into by written
ANTENNA SITE AGREEMENT dated ___________________, between SBA Properties, Inc.,
a Florida corporation, "Owner" and Louisiana Unwired L.L.C., a Louisiana limited
liability company "Tenant," the terms and conditions of which are incorporated
herein by reference.
Such Agreement provides in part that Owner leases to Tenant a certain site
"Site" located at _________, City of _________, County of _________, State of
_________, within the property of or under the control of Owner which is
described in Exhibit A attached hereto, with grant of easement for unrestricted
rights of access thereto and to electric and telephone facilities for a term of
five (5) years commencing on _________, which term is subject to four (4)
additional five (5) year extension periods by Tenant.
7
<PAGE>
IN WITNESS WHEREOF, the parties have executed this Memorandum as of the day and
year first above written.
TENANT: LOUISIANA UNWIRED L.L.C.
_______________________________________ Witness:______________________
By:
Title: Print
Name:_________________________
Tax No: 72-1407230
Address: Witness:______________________
One Lakeshore Drive, Suite 1900
Lake Charles, LA 70629 Print Name:___________________
Date:_________________________
TENANT NOTARY BLOCK:
(i) STATE OF LOUISIANA
PARISH OF _______________
Personally came and appeared before me, the undersigned authority in and for the
said parish and state, on this _______ day of December, 2000, the within named,
___________________, who acknowledged that he is the _______________________ of
Louisiana Unwired L.L.C., a Louisiana Limited Liability Company, and as its acts
and deed he executed the above and foregoing instrument, after first having been
duly authorized by said company to do so.
NOTARIAL SEAL -----------------------------------
(OFFICIAL NOTARY SIGNATURE)
NOTARY PUBLIC
___________________________________
My commission expires: (NAME OF NOTARY)
______________________ COMMISSION NUMBER: ____________
9
<PAGE>
OWNER: SBA PROPERTIES, INC.
_________________________________ Witness:___________________________
By: Neil Seidman
Title: Director of Acquisitions Print Name:________________________
Tax No: 65-0754577
Address: One Town Center Road, 3/rd/
Floor
Witness:___________________________
Boca Raton, FL 33486
Print Name:________________________
Date:________________________________
OWNER NOTARY BLOCK:
(ii) STATE OF LOUISIANA
PARISH OF _______________
Personally came and appeared before me, the undersigned authority in and for the
said parish and state, on this _______ day of December, 2000, the within named,
Neil Seidman, who acknowledged that he is the Director of Acquisitions of SBA
Properties, Inc., a Florida corporation, and as its acts and deed he executed
the above and foregoing instrument, after first having been duly authorized by
said corporation to do so.
NOTARIAL SEAL ___________________________________
(OFFICIAL NOTARY SIGNATURE)
NOTARY PUBLIC
___________________________________
My commission expires: (NAME OF NOTARY)
______________________ COMMISSION NUMBER: ____________
10
<PAGE>
EXHIBIT D
MINIMUM SITE INSTALLATION, OCCUPANCY AND MAINTENANCE
REQUIREMENTS AND SPECIFICATIONS
Pre-Installation Standards
--------------------------
1. Prior to installation, Tenant must provide Owner with complete plans for
approval, including list of proposed equipment and subcontractors. No work may
be performed until approval has been given and all criteria have been met. All
equipment must be placed in approved locations only, and Owner must approve any
changes before the installation begins. The Owner or its representative shall
have the right to be on site during any work on the Site. Owner to provide price
quote for installation services based on Tenant's scope of work.
Installation
------------
2. (a) The following minimum protective devices must be properly installed:
(1) Lightning arrestors in feedline at wall feedthru ports(SBA
multi-tenant buildings). (PCS providers install jumpers to
extend/connect to cabinet like enclosures).
(2) Surge protectors in any AC & phone line circuit.
(3) Transmitter RF shielding. (Must be in place during operation)
(4) Isolator/harmonic filter. (Must be in place during operation)
(5) Duplexer or cavity bandpass filter. (Must be in place during
operation)
(b) All equipment, including transmitters, duplexers, isolators and
multicouplers, must be housed in a metal cabinet or rack mounted. No
control stations or inverted transmit/receive frequency pairs are
allowed on repeater sites.
(c) All transmission lines entering the shelter must be 1/2"
Heliax/Wellflex or better via a wall feedthru plate and must terminate
in a properly installed lightning arrestor with an ID tag on both ends
of the line.
(d) Solid outer shield cable such as Superflex or Heliax/Wellflex must be
used for all intercabling outside the cabinet. Under no circumstances
will the use of foil shielded or braided RF cable (e.g.; RGB) be
permitted outside the cabinet except for RG-6 quad shield cable
installed on satellite receive only systems.
(e) All antenna, power and phone cables will be routed and properly
------------
supported to the base station in a neat manner using routes provided
---------
for that purpose. Tenant will provide individual Transient (SAD) surge
protection to each circuit used. All phone lines will have (SAD)
transient surge protection installed. All wiring and installation will
be by means of clamping or strapping and in no event will any members
or other parts of the tower be drilled, welded, punched or otherwise
11
<PAGE>
mutilated or altered.
(f) All Tenants are to obtain power from the power panel and/or AC
receptacle provided for their specific use.
(g) All outside RF equipment cabinets must be grounded to the site ground
system using #2 solid tinned wire with cadweld, silver solder
connections, or 2 hole lugs with Burndy type compression fittings. All
inside RF equipment cabinets must be grounded to the site ground
system using #2, or #6 green jacketed stranded wire with silver solder
connections, or 2 hole lugs with Burndy type compression fittings.
(h) All antenna lines will be electrically bonded to the tower at the
antenna and at the bottom of the tower using grounding kits installed
per manufacturer specifications and all antenna brackets must be pre-
approved. All antenna lines entering the Site will have COAX center
pin lightning protection installed within two feet from the entry port
and grounded to master ground bar in the Site ground system.
(i) All equipment cabinets will be identified with a typed label under
plastic on which the Tenant's name, address, 24 hour phone number,
call sign, and frequencies will be inscribed, in addition to a copy of
Tenant's FCC license.
(j) Monitor speakers will be disabled except when maintenance is being
performed. All antenna lines will be tagged within 12 inches of the
termination of the feeder cable at both ends, at the entrance to the
building, at repeater or base station cabinet, and at the
multicoupler/combiner ports.
(k) All ferrous metals located outside of the building or on the tower
will be either stainless steel or hot dipped galvanized, not plated.
Painted towers will require the painting of feedlines by the Tenant,
unless installed by Owner, prior to or before completion of the
install. All transmission lines are to be secured with factory hoist
grips every 150' and secured to the tower or cable ladder with
stainless steel and/or hot dipped galvanized hardware. Plastic wraps
and/or bandit type hangers will not be accepted.
12
<PAGE>
General
-------
3. Tenant must comply with any applicable instructions regarding any Site
security system.
(a) Gates will remain closed at all times unless entering or
exiting the premises. When leaving the shelter, ensure that all doors are locked
and, if there is a security system, it is armed.
(b) Any tower elevator may be used only after receiving proper
instruction on its use, signing a waiver and receiving authorization from the
Owner.
(c) This Agreement does not guarantee parking space. If space is
available, park only in the designated areas. Do not park so as to block any
ingress or egress except as may be necessary to load or unload equipment.
Parking is for temporary use while working at the Site.
(d) Do not adjust or tamper with thermostats or HVAC systems.
(e) Access to the shelter roof is restricted to authorized
maintenance personnel.
13
<PAGE>
(iii) Exhibit E
Ground Lease
14
<PAGE>
SCHEDULE 1
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #2
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Alexandria, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Chester Wells, Margaret Wells, Mildred Chambers, Harold Chambers, Jr., Nancy
Richards, Glenda Randall, Marilyn Chambers
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Chester Wells, 6620 Lodi Rd., Alexandria, LA
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 26, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #4
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Alexandria, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Alma Brister Salter
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 4110 England Drive, Alexandria, LA 71303
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 12, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-----------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #5
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Alexandria, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Alan Wallace Stokes, Nancy Eldridge Stokes
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 5809 Ceter St., Pineville, LA 71360
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 27, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alexandria #8 (Georgetown)
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Georgetown - Grant Parish - Louisiana
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: John L. Swope & Frieda Blacksheer Swope
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Post Office Box 7
Georgetown, Louisiana 71432
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 17, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #10
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Alexandria, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Thomas F. Graves, Patsy Franks Graves
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 7765 Hwy. 1 North, Boyce, LA 71409
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 16, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #11
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Lena, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Lacey L. Knight, Mary Jane Smith Knight
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 625 Old Hwy. 1, Lena, LA 71447
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 16, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #12
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Ball, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Ball Volunteer Fire Department, Inc. (Sublessor)
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 800, Ball, LA 71405
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 26, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden on Sublessor
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #13
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Grant Parish, Pineville, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Jerry E. Kendrick, Carolyn Ann Butler Kendrick
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 8415 Ridgemont Drive, Pineville, LA 71360
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 17, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #14
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: LaSalle Parish, Olla, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Elizabeth Ruth Flowers McCartney, Charles Robert McCartney
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 392, Olla, LA 71465
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 11, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #15
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Tioga, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Bobby Bell, Edwina Waldrop Bell
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 232, Tioga, LA 71477
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 13, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: burden on Lessor
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #16
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Grant Parish, Pollack, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Chester L. McKay, Florence W. McKay
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 204 McKay Road, Pollack, LA 71467
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 13, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #17
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Pineville, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Sonic Drive-In #5, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: #3 Flagg Place, Suite B-3, Lafayette, LA 70508
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 18, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: burden on Lessor
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #18
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: St. Landry Parish, Bunkie, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: James Aguillard, Jo Ann Reed Aguillar
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 381 Gold Dust Loop, Bunkie, LA 71322
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 24, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: burden on Lessor
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #19
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Avoyelles Parish, Bunkie, LA
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Albert Wilson, Sr.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 160, Bunkie, LA 71322
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 15, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment or sublease Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #21
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Forest Hill, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Lois Kathy Clifton McCullough Cain
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 250 Cain Lane, Many, LA 71445
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 13, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #22
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Glenmora, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: R.C. Johnson Holdings, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 215, Glenmora, LA 71433
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 13, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #23
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Woodworth, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Village of Woodworth
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 27 Castor Plunge Road, Woodworth, LA 71485
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 12, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #24
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Lecompte, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Floyd G. Brady, Ellen Holloway Brady
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 3036 Highway 12, Forest Hill, LA 71430
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 20, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #25
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Cheneyville, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Michael Moyse Wahlder
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 3744 Government St., Alexandria, LA 70629
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 15, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #26
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Alexandria, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: John V. Bonnette, Mabel Duff Bonnette
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 6224 Masonic Drive, Alexandria, LA 71301
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 15, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #27
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Vernon Parish, Pickering, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Carney Jean Sellers Midkiff
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 427 Pitkin Road, Leesville, LA 71446
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 16, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #28
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Vernon Parish, Rosepine, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Don E. Davis, Barbara R. Davis
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 6601 Davis Lane, Rosepine, LA 70659
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: November 6, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #29
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Vernon Parish, Hornbeck, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: James Browning, IV, Jennifer Suzanne Browning
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 125 Brushy Creek Road, Hornbeck, LA 71439
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 27, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #29
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Vernon Parish, Anacoco, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Estate of Roy M. Clark, represented by co-executors Michael R. Horton, Nelda H.
Frost, Elsie M. Clark
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 207 Roy Clark Road, Anacoco, LA 71403
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: October 18, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #32
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Vernon Parish, Fort Polk, LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Theodore W. Kergan, II
-----------------------------------------------------------------------------------------
Address in Notice Provisions: #3 Flagg Place, Suite B-3, Lafayette, LA 70629
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: September 9, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #36
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Alexandria, LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Rufus Loyd Bennette
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 6260 Twin Bridges Road, Alexandria, LA 71303
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 3, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's No consent needed for assignment or sublease
Consent
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site LC (Lake Charles) #13 (Holmwood)
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Holmwood/Calcasieu/LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Natali Farms, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Attention: Nada Natali
5605 Hwy 14 E
Iowa, Louisiana 70647
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 3/27/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site LC (Lake Charles) #20 (Oberlin)
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Oberlin/Allen/LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: William R. and Mathilda Ann Burgess
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
8825 Hwy. 165 South
Oberlin, LA 70655
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 4/7/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site LC (Lake Charles) #21 (Oakdale)
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Oakdale/Allen/LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Great Central Fire Insurance Company, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Attn: Howard Rush, Sr.
P.O. Box 687
Oakdale, LA 71463
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 3/10/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site LC (Lake Charles) #32 Beauregard
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Deridder/Beauregard/LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Mona Louisia Masingill Broussard, individually and as agent
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
102 West Park Drive
DeQuincy, LA 70633
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 10/16/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Longview #1
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Waskom/Harrison/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Gene E. and Judy M. Griffin
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
12104 South I-20 East
Waskom, TX 75692
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 11/25/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview BTA #5 - Hallsville, TX
Designation: 1535 FM 450 South
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hallsville - Harrison County - TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Dallas Craig & Mary L. Craig
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
1535 FM 450 South
Hallsville, TX 75650
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: October 13, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #6 (325)
Designation: 138 FM 3251, Marshall, Tx
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Marshall - Harrison County - TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Amanda Leigh Parker, Patrick Calin Parker and Phillip C. Parker
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
500 South Center Street
Forney, TX 75126
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 12, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Longview #8 (Waskom)
Designation: 455 West School Avenue, Waskom, TX 75962
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Waskom - Harrison County - TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: C.L. Ray, Jr. and Robert C. Ray
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
604 Beardsley Lane 604 Mockingbird Lane
Austin, TX 78746-4929 Longview, TX 75601
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 4, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #11 (Alpine)
Designation: 2544 Alpine Road, Longview, TX
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Longview - Gregg and Harrison Counties - TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Lucille Silvey Beard Garner
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
1305 Yates
Longview, TX 75605
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 24, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #12 (Spring Hill)
Designation: 4895-B Gilmer Road, Longview, TX
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Longview - Gregg County - TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Arles D. & Beverly A. Johnson
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
4805 Gilmer Road
Longview, TX 75604
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 28, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Longview #13 (Forest Square Mall)
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Longview - Gregg County - TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Panda, Ltd.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
P.O. Box 5287
Culver City, CA 90231
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 1, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Consent of Lessor required to assign the lease or
Requirement: sublease the whole or any part of the Premises to a
third party.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #14 (Fisher)
Designation: 802 Fisher Road
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Longview - Gregg County - TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Cathodic Rectifiers, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
802 Fisher Road
Longview, TX 75615
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 27, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #16
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Longview/Gregg/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Donald Keith Lawyer and Castleberry Builders, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Attn: Mr. K. A. Castleberry
P.O. Box 9520, Longview, TX 75608-9520
4151 SW Freeway, Suite 520
Houston, TX 77027-7306
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 12/18/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Longview #18
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Henderson/Rusk/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Donal R. & Glenda G. Brooks
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
2807 FM 225 South
Henderson, TX 75653
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 3/10/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #20
Designation:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Marshall/Harrison/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Marion C., Jo Nell and James Hollis Young
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
107 Waverly Street
Marshall, TX 75670
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 2/22/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #21
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Marshall/Harrison/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Paul K. Fugler and Carl R. Young
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Fugler: 2507 Madewood, Marshall, TX 75607
Young: 205 Dean Drive, Marshall, TX 75670
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 1/15/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Longview #22 (Pirtle)
Designation: 11385 US Hwy. 259 N.
Overton, TX
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Overton/Rusk/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Dennis Arthur Wade
Garu Stoughton Wade
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
4004 Adams Circle
Plano, TX 75023
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 1/27/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and
Requirement: building space.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #23 (Longview Heights)
Designation: 4076 East Hwy. 80, Longview, TX
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Longview/Gregg/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Lason Len Hutchinson
Janette Lynn McFarland Hutchinson
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
3950 East Hwy. 80
Longview, TX 75601
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 1/14/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #24 (Texas Baptist)
Designation: 2801 George Gregg Street, Marshall, TX
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Marshall/Harrison/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Mary McBrayer Fugler-Boen & Floyd C. Boen
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
2801 George Gregg Street
Marshall, TX 7567
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 1/22/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and
Requirement: building space.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Longview #25 (Kilgore)
Designation: 909 North Kilgore Street
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Kilgore/Gregg/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: City of Kilgore
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
909 North Kilgore Street
Kilgore, TX 75662
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 2/12/99
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #27
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Kilgore/Gregg/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: George Bruce & Patricia K. Cunyus
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
P.O. Box 1887
Kilgore, TX 75663
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 1/4/99
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and
Requirement: building space.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #28
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Henderson/Rusk/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Morris Farms
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
c/o A.E. Morris
613 Slaydon
Henderson, TX 75654
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 12/15/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Longview #29 (Oak Creek)
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Omaha/Morris/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Thomas E. & Frankie Tucker
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Route 2, Box 239-A
Omaha, TX 75571
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 5/26/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview BTA #31 (Woodlawn)
Designation: 315 Steelman Road
Marshall, TX 75672
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Marshall/Harrison/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Max Morgan
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
297 Steelman Road
Marshall, TX 75672
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 3/2/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #32 (Jefferson)
Designation: Route 4, Box 183
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Jefferson/Marion/Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Jolyne Smith Childers, Carole Ruth Childers, Susan Alyne Childers
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Route 5, Box 190
Jefferson, TX 75657
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 11/16/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Longview #33 (Sin City)
Designation: Route 3, Box 121-A
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Kilgore/Gregg/TX
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Patricia K. Glover
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Rural Route 3, Box 125
Kilgore, TX 75662
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 9/4/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #3 (Van)
Designation: 6241 I-20 Service Road, West Monroe, LA 71292
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: West Monroe - Ouachita
Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Bethany Full Gospel Church, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
6247 I-20 Service Road
West Monroe, LA 71292
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 3/19/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #4 (Mound)
Designation: Route 3, Box 138
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tallulah - Madison Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: James Gerald Collins & Elizabeth Ann Harvey Collins
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Route 3, Box 191
Tallulah, LA 71282
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 6/23/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Monroe #5 (Route 594)
Designation: 107 Meadowlark Drive
Monroe, LA
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Monroe - Ouachita Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: J&N Trading Company, Inc.
----------------------------------------------------------------------------------------
Address in Notice Provisions:
139 Syrup Mill Road
West Monroe, LA 71291
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 6/19/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #8 (Richwood)
Designation: 770 Richwood Road, #2
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Monroe - Ouachita Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: City of Monroe, Louisiana
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
ATTN: Mayor's Office
Monroe, LA 71210
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 6/10/98
----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #9 (Delhi)
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Delhi - Richland Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Andrew J. Snider, Nancy Jo Snider Miller and William Roy Snider
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
5857 Boone Drive
Baton Rouge, LA 70808
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 4/29/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Landlord shall have the right to assign the Lease or sublet
Requirement: the space with regard to the communication tower and building with
the prior written consent of the Lessor.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Monroe BTA #11 (Rayville)
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rayville - Richland Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: William F. Barthel Sr. and Reba B. Barthel
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
6 Hwy, 135
Rayville, LA 71269
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 4/7/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space. However, in the event
Requirement: either party assigns the Lease, notice of the assignment is to be given to the other
party.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #12 (Start)
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rayville - Richland Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Clyde Shelby Cartlidge and Yorkie Burns Cartlidge
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
259 Brimberry Road
Rayville, LA 71269
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 3/9/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #13 (Holly Ridge)
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Holly Ridge - Richland Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Central Oil & Supply Corporation
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
2300 Booth Street
monroe, LA 71201
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 2/17/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space. However, in the event
Requirement: either party assigns the Lease, notice of the assignment is to be given to the other
party.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Monroe #16 (Bosco)
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Bosco - Caldwell Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Bret Daren Burns, Lisa Burleigh Burns, Dean H. Burns and Catherine Ruth Burns
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
ATTN: Bret Daren Burns
P. O. Box 238
Grayson, LA 71435
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 23, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable and Lessee has right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #17 (Clarks)
Designation: 9886 US Hwy 165
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Grayson - Caldwell Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Roy Zeagler
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
P. O. Box 411
Grayson, LA 71435
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 14, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable and Lessee has the right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #18 (Columbia)
Designation: 7149 US Hwy 165
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Columbia - Caldwell Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: James Graves Sherman and Geraldine Dunn Sherman
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
P. O. Box 357
Columbia, LA 71418
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 5, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable and Lessee has the right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #19 (Pecanland)
Designation: 4498 Millhaven Road
Monroe, LA 71202
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Monroe - Ouachita Parish - LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Louisiana Unwired, LLC (sublease to Monroe, Cellular, Inc., d/b/a AT&T Wireless
Services)
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Network Site Development
P.O. Box 3709
Lake Charles, LA 70602-3709
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 1, 2000
-----------------------------------------------------------------------------------------
Initial Term: 5 years i.
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Not mentioned.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #2
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: HICA Steel Foundry & Upgrade Co.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Attention: Mr. Ronald L. Howlett, 4601 Farnam St., P.O.
Box 6222, Elmwood Station, Omaha, Nebraska 68106 (with a copy to Mr. Jeffrey W. Weiss,
333 Texas St., 23/rd/ floor, P.O. Box 21990, Shreveport, LA 71120-1990)
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 16, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can assign rights at any time. Lessor consent required to achieve discharge of
Requirement: Lessee's liability under lease. Lessor required to consent to assignment if assignee or
sublessee consents in writing to accept all
obligations of Lessee under lease and Lessee has
prior to the effective date of the assignment or
sublease provided satisfactory evidence to the Lessor
that the proposed assignee or sublessee has the
financial ability to meet all of the Lessee's
obligations under the lease.
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #3
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Bossier City, Bossier Parish, Louisiana
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
Lessor: Name: D.H. Patten Children Company, L.L.C
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 2603 Old Minden Road, Bossier City, LA 71112
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 23, 1998
-----------------------------------------------------------------------------------------
Initial Term: 5 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can sublease space on communication tower and building. No discussion of consent
Requirement: to assign or sublease. May not increase Lessor's burden under the lease without his
consent.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Shrev. #4
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: John S. Turner Jr. and William C. Windham
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 820 Garrett Drive, Bossier City, LA 71111
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 20, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #5
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: James Buchanan Haynes, Jr. and Minette DeFrance Haynes
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 4508 Glen Iris Boulevard, Shreveport, LA 71106
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 9, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #6
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Flournoy, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Alfred Glenn Flournoy Jr.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 804 Oneonta, Shreveport, LA 71106
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 16, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Shrev. #7
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Southside Investments Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 8909 Mansfield Road, Shreveport, LA 71118
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 16, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport #8
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Bossier City/Bossier/LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Haynesville Mercantile Company and several named individuals
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
P.O. Box 5872
Bossier City, LA 70117-5872
Attn: Mr. Loy Beene Moore, President
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 3/17/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease silent on assignment and subletting.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #9
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Bossier City, Bossier Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Katherine Margie Scogin Kelly
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 1917 Alfred Lane, Bossier City, LA 71112
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 23, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Shrev. #10
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Shreveport Baptist Temple
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 288 Flournoy Lucas Road, Shreveport, LA 71106
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 22, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #11
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: James B. Haynes Jr.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 1815, Shreveport, LA 71166
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 6, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #12
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: State Fair of Louisiana Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 38327, Shreveport, LA 71133
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 14, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Shrev. #16
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Orell Properties, L.L.C..
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 9096 Ferry Creek, Shreveport, LA 71106
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 6, 1998.
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #17
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Barksdale, Bossier Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: DEG Inc. Defined Benefit Trust
-----------------------------------------------------------------------------------------
Address in Notice Provisions: c/o Highland Hill Hospital, 453 Jordan, Shreveport, LA
71101
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 1, 1998.
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #18
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Grambling, Lincoln Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: John Paul Durrett, Betty Durrett Templeton, Nannette Durrett Randall, Thomas D.
Durrett, Sr. and Dora Durrett Hall.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: John Paul Durrett, 112 Buccaneer Lane, Haughton, LA
71037; Betty Durrett Templeton, 7318 Camelback Dr., Shreveport, LA 71105; Nannette
Durrett Randall, 1823 Dartmouth St., Alexandria, LA 71301; Thomas D. Durrett, Sr., Box
173, Dubach, LA 71235; Dora Durrett Hall, 407 Rome Rd., Jonesboro, LA 71251.
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 10, 1998.
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #20
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Choudrant, Lincoln Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: David Lamar Spillers and Lucy Holder Spillers
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 2384 Highway 80, Choudrant, LA 71227
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 23, 1998.
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #21
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Ada, Bienville Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: David H. Ogwyn, Mary Mancewicz Ogwyn, John H. Ogwyn Jr. and Imogene Slotave Ogwyn.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 4644 Buckingham Dr., Shreveport, LA 71107
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 7, 1998.
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Shrev. #22
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Arcadia, Bienville Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: The Adams Living Trust of 1993
-----------------------------------------------------------------------------------------
Address in Notice Provisions: c/o Patsy Pratt Adams, Trustee, PO Box 205, Arcadia, LA
71001
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 7, 1998.
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 23
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Simsboro, Lincoln Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: George Edwin Jones and Vera O'Hara Jones, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 865 Walnut Creek Road
Simsboro, LA 71725
(318) 247-3201
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 8, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease by Lessee shall
not increase any burden or obligation of the Lessor with respect to the lease without the
Lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 24
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Greenwood, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Charles F. Haggard, a married man, who declares the property to be his separate
and paraphernal property
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 21
Greenwood, LA 71033
(318) 938-7360
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 15, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease by Lessee shall
not increase any burden or obligation of the Lessor with respect to the lease without the
Lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Shreveport No. 25
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Gibsland, Bienville Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Robert L. Kidd and Emma Roy Lindsey Kidd, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 247
Gibsland, LA 71028
(318) 843-6962
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 19, 1998
-----------------------------------------------------------------------------------------
Initial Term: 5 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease by Lessee shall
not increase any burden or obligation of the Lessor with respect to the lease without the
Lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 26
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Minden, Webster Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Jimmy Dale Wingfield and Linda Atkins Wingfield
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 1422 Sibley Road
Minden, LA 71055
(318) 377-6005
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 25, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease by Lessee shall
not increase any burden or obligation of the Lessor with respect to the lease without
the Lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 27
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Haughton, Bossier Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Joseph S. Staton and Robin E. Byrd Staton, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 960 Hwy 614
Haughton, LA 71037
(318) 793-4729
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 12, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease by Lessee shall
not increase any burden or obligation of the Lessor with respect to the lease without
the Lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Shreveport No. 28
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Minden, WebsterParish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Warrens' Appliance Service, a commercial partnership
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 803 Sibley Drive
Minden, LA 71055
(318) 377-4766
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 15, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease by Lessee shall
not increase any burden or obligation of the Lessor with respect to the lease without the
Lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreve #30
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: DeSoto Parish, Frierson, LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: William B. Roach, Annie Tillery Roach (usufructuaries) and William Henry Roach
(naked owner)
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 2372 Linwood Avenue, Stonewall, LA 71078
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: October 28, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport 31
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Natchitoches Parish/Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Russell A. Sisson and Mitzi Cook Sisson
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
4314 Old River Road
Cypress, LA 71457
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: October 16, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Shreve #32
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: DeSoto Parish, Grand Bayou, LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Isaac Van Lafitte, Donna Jo Lafitte, Isaac Van Lafitte, III, Laurie L. Williamson
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Isaac Van Lafitte, 997 Sloan Road, Mansfield, LA 71052;
Donna Jo Lafitte, 1620 NW 78/th/ Way, Pembroke Pines, FL 33024; Isaac Van Lafitte, III,
14625 Hwy. 175 South, Mansfield, LA 71052; Laurie L. Williamson, 941 Sloan Road,
Mansfield, LA 71052
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: November 6, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreve #33
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: DeSoto Parish, Evelyn, LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Joe Don Powell, Lucy Cotton Powell
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 523 Hwy. 177, Pelican, LA 71063
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: September 16, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease if sublease would increase
Requirement: any burden or obligation of Lessor
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport#34
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Natchitoches Parish/Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Michael Wayne Phillips and Kathy Box Phillips
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
2835 Highway 485
Robeline, LA 71469
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: November 25, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Shreveport No. 35
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Cloutierville, Natchitoches Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Carnahan Realty Corporation
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 190
Cloutierville, LA 71416
(318) 379-2301
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: November 11, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." No sublease shall increase any burden or obligation of the lessor
without lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 36
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Natchitoches, Natchitoches Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Dixie Foods of Natchitoches, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 4099 Hwy. 6
Natchitoches, LA 71416
(318) 352-9229
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 18, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 37
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Natchitoches Parish, Louisiana
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Sabine Uplift Mineral Corporation and Sibley Lake Realty Corporation
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Sibley Lake Realty Corp.
100 St. Clair
Natchitoches, LA 71457
(318) 352-8750
Sabine Uplift Mineral Corp.
P.O. Box 35
Converse, LA 71419
(318) 567-3180
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 23, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 38
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Ruston, Lincoln Parish, Louisiana
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Frank M. Cordaro and Kathie Martin Cordaro, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 57
Ruston, LA 71213
(318) 255-8250
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 2, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 56
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Lato Leasing, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 4277 North Market
Shreveport, LA 71107
(318) 222-8106
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 28, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 58
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Haughton, Bossier Parish, Louisiana
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Sligo Hills, L.L.C.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Attn: Dennis Bamburg, Registered Agent
3 Fair Oaks Drive
Haughton, LA 71037
(318) 747-0449
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 18, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 60
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Ruston, Lincoln Parish, Louisiana
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Joseph Carl Gaido and Joyce Skinner Gaido, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 102 Frazier Road
Ruston, LA 71270
(318) 255-0388
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 24, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shreveport No. 61
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Benton, Bossier Parish, Louisiana
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Town of Benton
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O.Box 336
Benton, LA 71006
(318) 956-2781
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 24, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 2
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Miller County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Raymond L. Upchurch and Edna Linn Upchurch, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Route 4, Box 329
Texarkana, AR 71854
(870) 773-2875
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 24, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 3
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Linden, Cass County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Thomas G. Stone, a single man
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 267
Linden, TX 75563
(903) 665-8287
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 19, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No.4
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: New Boston, Bowie County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Charles A. Harlow and Elaine K. Harlow, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 6649 Sandstone Drive
Baton Rouge, LA 70808
(225) 766-7009
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: November 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 5
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Simms, Bowie County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Ray F. Ridings and Emma Lou Ridings, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 121 Woodcroft Lane
Denison, TX 75021
(903) 464-9899
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 26, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 9
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Bowie County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Patricia S. Keaton, Individually and as Independent Executrix of the Estate of
Bobby Joe Keaton, deceased
-----------------------------------------------------------------------------------------
Address in Notice Provisions: c/o Keaton Transportation Services, Inc.
808 East Loop Drive
Texarkana, TX 75501
(903) 832-6683
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 11
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Miller County, Arkansas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Michael J. Smith, a single man
-----------------------------------------------------------------------------------------
Address in Notice Provisions: RFD 8, Box 100S
Texarkana, AR 71854
(870) 773-4577
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 19, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 17
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Queen City, Cass County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Bill Eason and J.B. Eason
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 101 West Miller Street
Atlanta, TX 75551
(903) 796-7161
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 27, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 22
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hooks, Bowie County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Charlie R. LeMay and Patsy C. LeMay, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 1510
Hooks, TX 75561
(903) 547-6608
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 19, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. Sublease shall not increase burden or
obligation of lessor without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 25
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Miller County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: J.H. Friday and Mattie Lou Friday, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Route 19 Box 1125
Texarkana, AR 71854
(870) 773-4725
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 16, 1999
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's consent.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 26
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Linden, Cass County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Ron A. Watson and Rebecca J. Watson, husband and wife
Stan C. Wells and Staci R. Wells, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Watson
P.O. Box 488
Linden, TX 75563
(903) 756-5573
Wells
P.O. Box 1223
Linden, TX 75563
(903) 756-7961
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 17, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. Sublease shall not increase burden or
obligation of lessor without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 1
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: PENCO Oil Company
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 659
Tyler, TX 75710-0659
(903)
597-3701
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 29, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 2
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Alto, Cherokee County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Jesse Curtis Pierce and Cheryl Pierce, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Route 1 Box 1454-4
Alto, TX 75925
(409)
858-3842
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: August 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 4
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rusk, Cherokee County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Swift Oil Company
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 390
Rusk, TX 75785
(903)
683-2020
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 23, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee has the right to assign and or sublease space with prior written consent of the
Requirement: lessor, which shall not be unreasonably withheld. Also, any sublease shall not
increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 7
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name:Johnnie James McComb and Norma Delene McComb, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 19648 FM 1252
Winona, TX 75792-6422
(903)
877-2541
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 8, 1999
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 8
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Ola Clark Moore
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 13593 U.S. Hwy 271
Tyler, TX 75708
(903)
877-3951
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 21, 1999
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 9
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Curt L. Edwards, a single man
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Attn: Chas. P. Edwards
1623 Northridge
Tyler, TX
75702
(903) 593-4840
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 27, 1999
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 11
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Lindale, Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Ben F. Plunk and Betty Mae Plunk, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 15450 Hwy 110 North
Lindale, TX 75771
(903) 882-3766
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: December 21, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 12
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Broadmoor Oaks, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 225 South College
Tyler, TX 75702
(903) 592-3811
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 27, 1999
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 13
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Larry D. Price and Helen Joan Price
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 568
Tyler, TX 75702
(903) 597-9363
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 22, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 14
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Alto, Cherokee County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Harold L. Jackson and Helen L. Jackson, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 1307 Robinwood
Lufkin, TX 75904
(409) 634-9289
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: December 10, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 16
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Tyler Elks Lodge #215
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 3815 Hwy 64 West
Tyler, TX 75703
(903) 592-6508
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 27, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with respect to this lease without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 17
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Jacksonville, Cherokee County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: John Lee McMahon (sole owner by virtue of assignment referenced as attached but
not in file) and Margaret Butler McMahon, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Route 1 Box 350
Jacksonville, TX 75766
(903) 586-8449
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 29, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with respect to this lease without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 20
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: James B. Kuechle and Donna L. Kuechle, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 1407 County Road 137
Flint, TX 75762
(903) 839-4013
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 23, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with respect to this lease without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 24
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Exum's, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 3709 Troup Hwy
Tyler, TX 75703
(903) 561-2371
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March, 15, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with respect to this lease without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 21
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Bullard, Cherokee County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: James Michael Tarrant
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 140
Jacksonville, TX 75766
(903) 894-3712
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: December 10, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with respect to this lease without
lessor's prior consent.
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 27
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Alto, Cherokee County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: James T. Hall and Karyn Hall, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Route 1 Box 491
Alto, TX 75925
(409) 858-3707
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 15, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building without obtaining the consent of lessor.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 28
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Smith County, Texas
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Jack D. Barron and Beverly Barron, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 17524 Hwy 31 East
Tyler, TX 75705
(903) 566-3896
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: November 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building without obtaining the consent of lessor.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE 2
(Incorporates by reference all of the information on Schedule 1)
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alexandria #6
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Alexandria/Rapides/LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: The City of Alexandria, Louisiana
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Attn: Mayor's Office, P.O. Box 71
Alexandria, LA 71309-0071
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 7/10/98
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-----------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #7
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Alexandria, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Alexandria Iron and Supply Corporation
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 711 Arial St., Alexandria, LA 71302
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 13, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment, need consent for sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Alex #20
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rapides Parish, Chambers, LA
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Walter B. Randall, III, Cheryl Moorhead Randall
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 418 Robinson Bridge Road, Lecompte, LA 71346
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 9, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee has right to assign all, but not part of its right to the use of the Premises,
Requirement: and assignee must abide by use restrictions in the Lease. Any partial assignments,
such as the right to install additional equipment on the tower by third parties,
is subject to Lessor's prior approval, which Lessor is free to withhold in their
sole discretion.
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Ann #5
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Calhoun County, Anniston, AL
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: James Bryant Perry, Jr., Margaret S. Perry
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 1004 Golden Springs Road, Anniston, AL 36207
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 16, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment or sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Ann #8
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Calhoun County, Cane Creek, AL
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Gary Lee White, Denise S. White
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 239 Martin Street, Anniston, AL 36206
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 14, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment or sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Ann #10
Designation:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Calhoun County, Jacksonville, AL
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: John F. Valdes, Jean Valdes
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 788, 1054 Broadwell Mill Road, Jacksonville, AL
36265
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 18, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment or sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Ann #11
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Calhoun County, Jacksonville, AL
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Lula Estelle Strickland Naugher, Leonard Wayne Naugher, Marion Diana Smith, Roy
Lee Naugher, Terry Franklin Naugher
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Roy Lee Naugher, 615 Piedmont Springs Road, Piedmont, AL
36272
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 13, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment or sublease
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Birmingham #6
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hanceville/Cullman/AL
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Rollan and Douglas Edwards
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
8431 County Road 223, Hanceville, AL 35077/8539 County Road 223, Hanceville, AL 35077
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 8/7/2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Birmingham 7
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Sylacauga/ Talladega County/ AL
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: The Last Chance, LLC
-----------------------------------------------------------------------------------------
Address in Notice Provisions:Attn: Charles P. Sanford, 128 Branch Dr. Chelsea, AL
35043
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date:August 29, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Birmingham 9
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Rockford/ Coosa County/ AL
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Troy K. Bailey & Mildred Ann Brown
-----------------------------------------------------------------------------------------
Address in Notice Provisions:Route 1 Box 68-A1, Rockford, AL 35136
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 20, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Columbus 3
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State:Crawford/ Lowndes County/ Mississippi
-------------------------------------------------------------------------------------------------------------------
Lessor: Name:Gwendolyn J. Buckhalter
-----------------------------------------------------------------------------------------
Address in Notice Provisions:PO Box 94, Crawford, MS 39743
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: October 23, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site COLO#4
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State:Noxubee County/MS
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Jack J. Pugh, III
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Box 39 Star Route
Brooksville, MS 39739
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 8/3/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site COLO #7
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Lowndes County/MS
-------------------------------------------------------------------------------------------------------------------
Lessor: Name:Pauline Harkey Abercrombie Holland
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
7258 Highway 182 East
Columbus, MS 39705
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 7/27/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site COLO #13
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Lowndes County/MS
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Michael Grant
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
P.O. Box 9088
Columbus, MS 39705
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 9/11/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Columbus 14
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Europa/ Webster County/ Mississippi
-------------------------------------------------------------------------------------------------------------------
Lessor: Name:Harvey Glenn Mitchell and Rebecca J. Mitchell
-----------------------------------------------------------------------------------------
Address in Notice Provisions:Route 1 Box 237 A, Europa, MS 39744
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: August 30, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Columbus #17
Designation:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Starkville/Oktibbeha/MS
-------------------------------------------------------------------------------------------------------------------
Name: Joe W. and Irene Shurden
-----------------------------------------------------------------------------------------
Lessor:
Address in Notice Provisions:
2552 U.S. Highway 82 West, Starkville, MS 39759
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 7/27/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Florence 9
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Russellville/ Franklin County/ AL
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Ricky D. Pickett
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 155 Periwinkle St. Madison, AL 35757
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 20, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Gadsden 2
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Gadsden/ Etowah County/ Alabama
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Agricola Properties, L.L.C.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:Attn: John D. Aricola, 113 Disque Dr. Gadsden, AL 35901
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: September 26, 2000
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Greenville #1
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Greenville/Washington/MS
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Robert B. Mortimer
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
711 Highway 82 East
Greenville, MS 38701
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 8/3/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Greenville #6
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Itta Bena/Leflore/MS
-------------------------------------------------------------------------------------------------------------------
Lessor: Name: Rogers Kenneth Haydon, Marj Fondren Haydon, Rogers Kenneth Haydon, Jr., Allan
Hull Haydon and Richard Winston Haydon
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
1204 1/2 Schley Street
Itta Bena, MS 38941
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 7/27/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Greenville 10
Designation:
-------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Vaiden/ Carroll County/ Mississippi
-------------------------------------------------------------------------------------------------------------------
Lessor: Name:Paul G. Beck, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:PO Box 853 Winona, MS 38967
-------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: September 20, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Hatt #14
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of City/Parish/County/State: Forrest County, Wiggins, AL
Site
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Charles A. Walker, Christine Jewel Perkins Walker
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 238 Hwy. 13, Wiggins, MS
39577
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: June 13, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's No consent needed for assignment or sublease
Consent
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Centerpoint Hot Springs No. 3
Site
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of City/Parish/County/State: Gurdon, Clark County, Arkansas
Site
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Harry Doyle Wells and Patricia Ann Wells, husband
and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: #5 Pennwood
Sherwood, Arkansas 72120
(501) 835-4146
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: November 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Lease is freely assignable and lessee has the right to
Consent sublease space "with regard to its communication tower and
Requirement: building" without obtaining lessor's approval.
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired W. Arkadelphia - Hot Springs No. 4
Site
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of City/Parish/County/State: Arkadelphia, Clark County,
Site Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Michael S. Benson and Brenda K. Benson, husband
and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 139 Dogwood Drive
Arkadelphia, AR 71923
(870) 246-2057
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: November 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's The lease is freely assignable and lessee shall have the right to sublet "with regard
Consent to its communication tower and building without the necessity of obtaining lessor's
Requirement: approval."
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Caddo Valley - Hot Springs No. 5
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Arkadelphia, Clark County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Billy M. Ratliff and Mary M. Ratliff, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 106 Hot Springs Drive
Arkadelphia, AR 71293
(860) 246-4650
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: November 19, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent The lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Arkadelphia - Hot Springs No. 6
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Arkadelphia, Clark County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: T.O. Shepard, a single person
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 299 Witherspoon Rd.
Arkadelphia, AR 71923
(870) 246-2578
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: May 15, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Friendship - Hot Springs No. 7
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Friendship, Hot Springs County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Frederick Boyd Johnson and Myra Johnson, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 5309 Sulphur Springs Road
Malvern, AR 72104
(501) 332 3162
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: November 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Social Hill - Hot Springs No. 8
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Social Hill, Hot Springs County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Southwest Rural Communities Fire Department Association
-----------------------------------------------------------------------------------------
Address in Notice Provisions:1180 Social Hill Loop Road
Malvern, AR 72104
(501) 337-4412
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: November 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Lake Catherine - Hot Springs No. 9
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Jones Mills, Hot Springs County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Pines Realty Company
-----------------------------------------------------------------------------------------
Address in Notice Provisions: c/o Mark A Moll
P.O. Box 2023
Fort Smith, AR 72902-2023
(501) 782-7203
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: November 9, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Malvern - Hot Springs No. 10
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Malvern, Hot Springs County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Gary L. Glidewell and Jan M. Glidewell
-----------------------------------------------------------------------------------------
Address in Notice Provisions: N/A
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: December 1, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Butterfield - Hot Springs No. 11
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Butterfield, Hot Springs County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Johnny L. Harper and E. Novilla Harper
-----------------------------------------------------------------------------------------
Address in Notice Provisions: N/A
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: November 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Lake Catherine - Hot Springs No. 13
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hot Springs, Garland County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Eugene Wesley Turpen and Toni Kay Turpen, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 120 Fernwood Street
Hot Springs, AR 71901
(501)262-4463
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: March 15, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Lake Catherine - Hot Springs No. 14
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hot Springs, Garland County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: James C. Stacks and Dorothy Stacks, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions:205 Burchwood Bay Road
Hot Springs, AR 71913
(501) 525-0631
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: February 18, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Hot Springs No. 15
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hot Springs, Garland County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: City of Hot Springs, Arkansas
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Attn: City Manager
P.O. Box 700, 133 Convention Blvd.
Hot Springs, AR 71902
(501) 321-6810
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: May 1, 2000
-----------------------------------------------------------------------------------------
Initial Term: Expires December 31, 2009
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Hot Springs No. 16
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hot Springs, Garland County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Holly A. Irwin Fincher and Danny L. Fincher, husband and wife
Suzanne C. Irwin and William R. Irwin, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 2461 Park Ave.
Hot Springs, AR 71901
(501) 624-7373
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: May 16, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Hot Springs No. 21
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hot Springs, Garland County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Billy Pat Livingston, Trustee of the Billy Pat Livingston Living Trust dated
February 24, 1999
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Yes
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: 3/1/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Hot Springs No. 22
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Prescott, Nevada County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Ronald J. Murphy and Kelia S. Murphy, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Yes
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: November 16, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Hot Springs No. 23
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Boughton, Nevada County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: James Roy Brown and Barbara Brown,
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Yes
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: November 15, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Hot Springs No. 24
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hot Springs, Garland County, Arkansas
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Dawn Denise Poe, individually and as Executrix of the Estate of Particia A.
Fulton, and Tammy Lee Sheffield and Gregory Stephen Fulton
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 112 Fern Street
Hot Springs, AR 71901
(501) 623-6065
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: April 26, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Huntsville No. 14
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Owens Cross Roads, Madison County, Alabama
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: James J. Long and Nell Hill Long, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 151 Billy Lee Road
Owens Cross Roads, AL 35763
(256) 518-9586
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: May 24, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Lake Charles #12
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Edgerly/Calcasieu/Louisiana
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: US Unwired, Inc. (owns land and leases to Command Connect LLC)
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Site Acquisition and Development Department
One Lakeshore Drive, Suite 1900
Lake Charles, Louisiana 70629
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: 12/19/97
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. No consent required. Lease silent on subleasing.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site LC (Lake Charles) #18 (Fenton)
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Fenton/Jefferson Davis/LA
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Fenton Convenience Center, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Attention: Frank Broxton, President
PO Box 355
Fenton, Louisiana 70640
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: 4/7/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site LC (Lake Charles) #22 (Downtown Kinder)
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Kinder/Allen/LA
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Cameron State Bank
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
2911 Ryan Street
Lake Charles, LA 70601
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: 4/22/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Lake Charles 25
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Moss Bluff/ Calcasieu Parish/ LA
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Ross Dester Peloquin, Sr. & Catherine Gwen Peloquin
-----------------------------------------------------------------------------------------
Address in Notice Provisions:1037 Theriot Rd. Lake Charles, LA 70611
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: August 18, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site LC (Lake Charles) #33 - Westlake Downtown
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Westlake/Calcasieu/LA
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Swinging Rebels Square Dance Club of Lake Charles, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Attn: W.J. and Shirley Moss
4112 W. Jevon Lane
Lake Charles, LA 70605
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: 3/1/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Express right to sublease tower and building space without lessor's
Requirement: consent.
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Longview #2
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Marshall/Harrison/TX
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Raymond C. & Peggy J. Langley
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
2213 E. Austin Street
Marshall, TX 75672
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: 11/6/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Longview #3
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Kilgore/Gregg/TX
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Kenneth Wayne, Delma Ruth and Tony Wayne Clemens
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Rural Route 3, Box 77
Gladewater, TX 75647
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: 10/13/98
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Longview #4 (Kinsloe)
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Longview - Gregg County - TX
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Billy Neil Speer, Sr. & Joyce E. Speer
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Rural Route 5, Box 102
Kilgore, TX 75662
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: October 2, 1998
-----------------------------------------------------------------------------------------
Initial Term: 5 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
-------------------------- -----------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Longview BTA #10 - Pine Tree
Designation: 1915 Loop #281 NW
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Longview - Gregg County - TX
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: Roy Wesley Green, Jr. and Shirley Ann Green
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
4811 Tryon Road
Longview, TX 75605
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: January 4, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Longview #26 (Scottsville)
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Scottsville/Harrison/TX
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: E. Baker & Associates, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
P.O. Box 487
Scottsville, TX 75688
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date: 1/29/99
-----------------------------------------------------------------------------------------
Initial Term: 10 year
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
-------------------------- -----------------------------------------------------------------------------------------
U.S. Unwired Site Memphis 2
Designation:
-------------------------- -----------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tillatoba/ Yalobusha County/ MS
-------------------------- -----------------------------------------------------------------------------------------
Lessor: Name: George T. Brannon & Willie Mae Brannon
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
-------------------------- -----------------------------------------------------------------------------------------
Term: Commencement Date:
-----------------------------------------------------------------------------------------
Initial Term:
-------------------------- -----------------------------------------------------------------------------------------
Landlord's Consent
Requirement:
-------------------------- -----------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Memphis #4
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Duck Hill/Carroll/MS
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Charles Houston Vance
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
359 Sayles Road, Elliott, MS 38926
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 8/2/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Memphis 6
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State:Kilmichael/ Montgomery County/ MS
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: L.C. Henson & Patty E. Henson
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 909 Pine Dr. Kilmichael, MS 39747
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 10, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Meridian No. 9
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Gunterville, Sumter County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Nelson Family Limited Partnership
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Sydney Smith Nelson, General Partner
13321 Sumter 20
Epes, AL 35460
(205) 652-9235
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 10, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Meridian No. 10
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Livingston, Sumter County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Lynn Richardson Pruitt
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 11
725 North Street
Livingston, AL 35470
(205) 642-2491
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 15, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." The proposed assignee must be, to the satisfaction of lessor, at
least as creditworthy and financially able to fulfill its obligations as the original
lessee.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Mer 11
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State:Sumter County, AL
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: McBride Oil Co., Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
210 Broad Street
Aliceville, AL 35442
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 12, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Meridian No. 15
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: York, Sumter County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Sherry Jean Byrd, a single woman
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 11
11459 Alabama Hwy.
York, AL 36925
(205) 392-7397
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
Term: Commencement Date: June 14, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Meridian No. 17
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Scooba, Kemper County, Mississippi
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Minnie L. Nave, widow of Ben Nave, and Magnolia N. Spencer, heir of Ban Nave
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Route 1 Box 77A
Scooba, MS 39358
(662) 476-5612
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: August 30, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Meridian No. 18
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Electric Mills, Kemper County, Mississippi
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Henry P. Fleming, a divorced man
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Route 1 Box 153A
Scooba, MS 39358
(662) 476-9406
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 26, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Mer 19
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Kemper County, MS
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Kenneth McNeil
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
Post Office Box 138
Lauderdale MS 39335
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: August 3, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Mobile No. 1
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Robertsdale, Mobile County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: John W. Ryan, a married man
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 2275 Country Road 62 South
Robertsdale, AL 36567
(334) 947-5198
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 16, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Mobile No. 22
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Theodore, Mobile County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Felix Raymond Arnone and Bonnie Mixon Arnone
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 5270 Hamilton Blvd.
Theodore, AL 36582
(334) 654-0003
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 17, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Mobile No. 26
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Mobile County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: University of South Alabama DBA South Alabama Knollwood Park Hospital
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 5600 Girby Road
Mobile, AL 36693-3398
Attn: Administrator
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 12, 2000
-----------------------------------------------------------------------------------------
Initial Term: 5 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee may not assign or sublet (or permit lien to be placed lessee's interest) without
Requirement: prior written consent of the lessor. Lessor is not bound to consent until assignee or
subtenant agree to be bound by the terms, etc. of the lease.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Mobile No. 28
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Mobile, Mobile County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Jordan Industries, Inc. d/b/a Jordan Pile Driving, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 301 Water Street
Mobile, AL 36602
(334) 432-5000
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 17, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Mobile No. 30
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Mobile, Mobile County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Hickory Properties, L.L.C.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O.Box 11306
Chickasaw, AL 36671
(334) 456-1907
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 12, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Mobile No. 33
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Theodore, Mobile County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Blankenship Enterprises
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 1305 Springhill Ave.
Mobile, AL
36604
(334) 433-3635
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 16, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Mobile No. 34
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Creola, Mobile County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Arthur Leroy Davis, Jr., a married man
Beatrice Boasten, a widow
Herbert Bluitt, a married man
Marilyn B. Gardner, a married woman a/k/a Marilyn Jarene Bluitt Gardner
Anita Bluitt, a single person
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Arthur Leroy Davis
Beatrice Boasten
8831-A James Road
Creola, AL
36525
(334) 675-2368
Herbert Bluitt Marilyn B. Gardner
176 Shelly Lane 4700 Oak Alley Drive
Leesville, LA 71446 Arlington, TX 76016
(318) 238-0267 (817) 457-1015
Anita Bluitt
c/o Marilyn B. Gardner
(same as above)
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 20, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Mobile No. 35
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Eight Mile, Mobile County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Felbert Beck, Jr.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 6541 Hwy. 45
Eight Mile, AL 36613
(334) 675-3509
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 13, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Mobile No. 41
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Evergreen, Conecuh County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Mozella Mixon
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Route 3 Box 152
Evergreen, AL 36613
(334) 578-1090
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 1, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #10 (Kimbrough Ave)
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tallulah - Madison Parish - LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Bonnie W. Wells, Larry Milner Wells, Donald DeWitt Wells, Kenneth Wayne Wells,
Connie Melinda Wells Whitley
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
ATTN: Larry Milner Wells
P. O. Box 768
Tallulah, LA 71282
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 7/30/98
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space. However, in the event
Requirement: either party assigns the Lease, notice of the assignment is to be given to the other
party.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe 20
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: West Monroe/ Ouachita Parish/ LA
--------------------------------------------------------------------------------------------------------------------
Lessor: Name:Jeffery Jamar Aycock & Serry Holstead Aycock
-----------------------------------------------------------------------------------------
Address in Notice Provisions:1876 Arkansas Rd. West Monroe, LA 71291
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 13, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Monroe #23
Designation: Rowland-Massey site
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Ouachita Parish/Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Gerald Dewayne Massey and Christine Dee LaDart Massey
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
5561 Highway 139
Collinston, Louisiana 71229
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date:February 25, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #24
Designation: (Treasure Island)
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Ouachita Parish/Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Samuel G. Harrington Jr and Gladys Montgomery Harrington
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
101 Dillingham Drive
Monroe, LA 71203
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 5, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Monroe #25
Designation: 7149 US Hwy 165
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Ouachita Parish/Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Billy Troy Bagwell and Sandra Gay Ates Bagwell
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
705 Watkins Street
West Monroe, LA 71291
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 23, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Mont #4
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Montgomery County, Montgometry, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Bonnie Crest Company, Inc
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
1550 Federal Drive
Montgomery, AL 36107
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 10, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed foe assingment or sublease by either party.
Requirement: notice to the other party of assignment
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Mont. #5
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Montgomery County, Montgomery, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Ida Mae Jackson
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
1331 East Boulevard
Montgomery, AL 36117
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: December 31, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment or sublease by either party. assigning party must give
Requirement: notice to the other party of assignment
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Mont. #22
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Autauga County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Glenn E. Roper and Linda Kay Roper
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
211 Tatum Road
Prattville, al 36067
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 3, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent No consent needed for assignment or sublease by either party. assigning party must give
Requirement: notice to the other party of assignment
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Mont. #38 (Stinson)
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Troy/Pike/AL
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Earl L. Stinson
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
4240 Highway 231 South
Troy, AL 36081
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 12/31/99
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Montgomery #44
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Titus/Elmore/AL
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Bill J. and Sarah Jeanette Beaird Matthews [this is only an option to lease
(dated 6/15/00) - the Lease (in the standard form) has not yet been executed]
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
17016 U.S. Highway 231
Titus, AL 36080
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: N/A
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Nash 4
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Giles County/TN
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: William Don Tillman and Annette S. Tillman
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
620 Mountainview Drive
Pulaski, TN 38478
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 27, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Pen 16 (Rooftop)
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: City of Pensacola/County of Escambia/Florida
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Empire Partners, LLC
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
c/o Merrill Land Company
PO Box 710
Pensacola, Fl 32591-0710
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: August 23, 2000
-----------------------------------------------------------------------------------------
Initial Term: 5 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee may not assign the lease without lessor's prior written consent.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Selma No. 3
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Selma, Dallas County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: John Morgan Enterprises, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 2614 Citizens Prkwy
Selma, AL 36701
(334) 874-4312
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 13, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Selma No. 6
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Selma, Dallas County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Harold R. Turner and Cammie W. Turner, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 6663 Hwy 80 East
Selma, AL 36703
(334) 875-5051
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 13, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Shrev. #15
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Shreveport, Caddo Parish, Louisiana
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: K.C. Stetler Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 8000 Youree Drive, Shreveport, LA 71115
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 20, 1998
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lessee can freely assign and sublease space on communication tower and building. No
Requirement: requirement of consent included except to increase Lessor's burden under the lease.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 1
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Bowie County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: C.L. Smith and Alta Mae Smith, husband and wife
Donald J. Smith and Joy Mae Smith, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O.Box 89
Idabel, OK 74745-0089
(580) 286-3339
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 2, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 7
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Bowie County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Phillip N. Brown and Dewanda Charlene Brown, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 55 Big Rock Circle
Texarkana, AR 71854
(870) 772-2683
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: February 18, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 8
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Bowie County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Jimmy D. Musgrove and Janice K. Musgrove, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 300 Berry Drive
Texarkana, TX 75501
(903) 832-6146
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March 12, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 10
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Bowie County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Regions Bank (415), f/k/a American National Bank
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Mr. Lloyd Champion
2000 Richmond Road
P.O.Box 5907
Texarkana, TX 75505-5907
(888) 832-2551
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 16, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 12
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hope, Hempstead County, Arkansas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Frankie W. Ingersoll and Kathy L. Ingersoll, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 151 Hwy 353
Hope, AR 71801
(870) 777-2626
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 23, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 13
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Fulton, Hempstead County, Arkansas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Maurice Henry and Gracie Marie Henry, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O.Box 31
Fulton, AR 71838
(870) 896-2706
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: September 14, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 14
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Hope, Hempstead County, Arkansas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Hope Brick Works, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: c/o John B. Gardner III, President
P.O. Box 663
Hope, AR 71802-0663
(870) 777-2361
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: November 22, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 16
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Emmet, Hempstead County, Arkansas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Steve Honeycutt and Shala Honeycutt, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 276 Country Road 53
Emmet, AR 71835
(870) 777-6235
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 23, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 18
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Ogden, Little River County, Arkansas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: J.B.Davis Farms, an Arkansas partnership
-----------------------------------------------------------------------------------------
Address in Notice Provisions: c/o Kenneth Davis, Partner
4 Downing
Texarkana, AR 71854
(870) 774-9695
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 19, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's consent.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 19
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Atlanta, Cass County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: James Franklin Adcock, a single man
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 1005
Atlanta, TX 75551
(903) 796-3193
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 27, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval." Sublease shall not increase burden or obligation of lessor without
lessor's prior consent. Also, lessee shall not sublease tower or building space to any
two-way radio operators without prior written consent of lessor.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 20
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Atlanta, Cass County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: James Richard McQuarry and Carrie Llelowyn McQuarry, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 4412 Cayuse Street
North Las Vegas, NV 89031
(903) 796-3193
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 21, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. Sublease shall not increase burden or
obligation of lessor without lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 21
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Cass County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Cabe Land Co., Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: P.O. Box 160
Gurdon, AR 71743-0160
(870) 353-4444
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: May 3, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Texarkana No. 23
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Texarkana, Miller County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Bettye M. Megason and James R. Megason, husband and wife
Shirley J. Ware and Willis Ray Ware, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Megason
3012 Sandreson Lane
Texarkana, AR 71854
(870) 772-3090
Ware
2820 Linden
Texarkana, AR 71854
(870) 773-0073
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: January 22, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. Sublease shall not increase burden or
obligation of lessor without lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tup 4
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State:Lee County, MS
--------------------------------------------------------------------------------------------------------------------
Lessor: Name:David A. (Bud) Coley
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
104A Road 1310
Tupelo, MS 38801
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: August 23, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tuscaloosa 5
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State:Tuscaloosa/ Tuscaloosa County/ Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Napoleon McEwen
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 3025 Millwood Dr. Tuscaloosa, AL 35406
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 20, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tuscaloosa No. 6
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Northport, Tuscaloosa County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Mary Elizabeth Harper Harris Miller, a married woman
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 5604 Flatwood
Northport, AL 35473
(205) 333-9383
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: June 8, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tuscaloosa #9
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tuscaloosa/Tuscaloosa/AL
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Crawford Nixon Construction, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
c/o Crawford Nixon
P.O. Box 20023
Tuscaloosa, AL 35402
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 8/7/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tuscaloosa No. 16
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Demopolis, Marengo County, Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Austin A. Caldwell, Jr. and Carol G. Caldwell, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 909 Hwy 80 East
Demopolis, AL 36732
(334) 289-5000
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 12, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tuscaloosa #17
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Demopolis/Marengo/AL
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Orville R. and Patsy J. Jones
-----------------------------------------------------------------------------------------
Address in Notice Provisions:
P.O. Box 552
Demopolis, AL 36732
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 8/14/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tuscaloosa 18
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State:Faunsdale/ Marengo County/Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name:James Henry Sims
-----------------------------------------------------------------------------------------
Address in Notice Provisions:291 Sims Rd. Faunsdale, AL 36738
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 14, 2000
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C>
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tuscaloosa No. 23
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tuscaloosa/Tuscaloosa County/Alabama
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Robert K. Harless and Virginia C. Harless
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Yes
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 7/27/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 6
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Jacksonville, Cherokee County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: O.E. Johnson and Mary R. Johnson, husband and wife
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 2908 Oak Point Drive
Jacksonville, TX 75766
(903) 586-3775
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: November 5, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space "with
Requirement: regard to its communication tower and building without the necessity of obtaining
lessor's approval."
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 18
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Whitehouse, Smith County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Whitehouse Independent School District
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 106 Wildcat Drive
Whitehouse, TX 75791
(903) 586-8449
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 23, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with respect to this lease without
lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Tyler No. 19
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Derrell Kirby Bledsoe and Chattie Grenell Bledsoe
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 13804 County Road 1134
Tyler, TX 75709
(903) 597-4559
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: July 29, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with respect to this lease without
lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 23
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: East Texas State Fair Association, a Texas non-profit corporation
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 2112 West Front Street
Tyler, TX 75702
(903) 597-2501
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: April 9, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease may not be assigned without the written consent of the lessor. But Lessee shall
Requirement: have the right to sublease space with regard to its communication tower and building.
However, any sublease shall not increase the burden or obligation of the lessor with
respect to this lease without lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
U.S. Unwired Site Tyler No. 25
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Tyler, Smith County, Texas
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Exum's, Inc.
-----------------------------------------------------------------------------------------
Address in Notice Provisions: 3709 Troup Hwy
Tyler, TX 75703
(903) 561-2371
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: March, 15, 1999
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Lease is freely assignable and lessee shall have the right to sublease space with
Requirement: regard to its communication tower and building. However, any sublease shall not
increase the burden or obligation of the lessor with respect to this lease without
lessor's prior consent.
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
--------------------------------------------------------------------------------------------------------------------
<S> <C>
U.S. Unwired Site Vicksburg No. 6
Designation:
--------------------------------------------------------------------------------------------------------------------
Location of Site City/Parish/County/State: Vicksburg, Claiborne County, Mississippi
--------------------------------------------------------------------------------------------------------------------
Lessor: Name: Cathleen Harmon
-----------------------------------------------------------------------------------------
Address in Notice Provisions: Route 2, Box 315, Port Gibson, MS 39150
--------------------------------------------------------------------------------------------------------------------
Term: Commencement Date: 5/1/00
-----------------------------------------------------------------------------------------
Initial Term: 10 years
--------------------------------------------------------------------------------------------------------------------
Landlord's Consent Freely assignable. Right to sublease tower and building space.
Requirement:
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
SCHEDULE 2.6
I. Issues Relating to Phase I Reports:
---------------------------------------
ALABAMA SITES
Birmingham BTA #13 - Kellyton
Concern: A former gasoline UST was located on an adjoining property. A
Preliminary Investigation was performed. The owner, ADOT, indicated no
further action was required, but ADEM could not confirm this was the case.
Recommendation: No additional information appears to be available from
ADEM; therefore, conduct a Phase II ESA on the site consisting of two soil
borings/temporary monitoring wells using Geoprobe to determine potential
impact to soil and groundwater. Analyze groundwater samples for ADEM
gasoline parameters. Estimated cost: $3,500.
3. Mobile BTA #28 - Bridge & Telegraph Road
Concern 1: Trimac Bulk Transportation, an open LUST site, is located 100
feet up gradient of the property site. ADEM has not received the final
report on which to base possible closure of the site. ADEM said that the
site should receive no further action as soon as the report is submitted to
ADEM.
Concern 2: Three portable ASTs were located approximately 40 feet east of
the subject property. The tanks were used to fuel the tractors that hauled
the coal from the property prior to Jordan's acquisition of the site in
1984 and were currently at the time of the site visit. There were no signs
of leaks from the fuel tanks; however, their former locations and spill
history are unknown.
Concern 3: There were two former service stations located 200 and 250 feet
west and potentially up-gradient of the subject property prior to the
1980s. The stations closed prior to ADEM's regulations: therefore, their
status is unknown to ADEM.
Concern 4: The property had been used as a junkyard in the 1950s and 1960s.
Based on the property being located in an industrial setting it is possible
that hazardous substances and petroleum products may have been involved
with the junkyard activities.
Concern 5: The property was formerly part of a "motor
<PAGE>
freight station" between 1967 and 1980. It is not known, but suspected,
that fuel tanks may have been associated with this past use.
Recommendation: Conduct a Phase II ESA on the site consisting of two soil
borings to the watertable. Objective is to determine potential impact to
soil and groundwater from on and offsite concerns. Install two temporary
monitoring wells. Because of wide variety of potential contaminants,
analyze soil and groundwater for Priority Pollutants. Estimated cost:
$10,000.
4. Mobile BTA #30 - St. Stephens Road
Concern: The subject property was formerly occupied by an auto wrecking
service for about 40 years and an auto repair shop in the early 1940s.
ADEM does not have any record of these past site uses that may have
involved petroleum products and solvents.
Recommendation: Conduct a Phase II ESA on the site consisting of two soil
borings to the watertable. Objective is to determine potential impact to
soil and groundwater from past site use. Use Geoprobe for soil
borings/temporary monitoring wells. Analyze soil and groundwater samples
for ADEM petroleum parameters and halogenated volatile organic compounds.
Estimated cost: $4,000.
5. Mobile BTA #33 - Dog River
Concern: On the adjoining property, Allied Sign, were six 55-gallon,
flammable-labeled drums located outdoors, 55-gallon drums and paint
solutions located in storage sheds, and several transformers on the ground.
These items ranged in distance from 80 to 200 feet from the subject
property. There were no signs of leaks or spills; however, the site is
abandoned. ADEM has no record of Allied Sign Company, Inc. on file. PPM was
unable to contact Allied Sign Company, Inc. This facility is considered a
concern to the property due to the lack of information, the un-maintained
nature of the chemical containers and transformers, and their up-gradient
location and proximity.
Recommendation: Conduct a Phase II ESA on the site consisting of two soil
borings to the watertable. Objective is to determine potential impact to
groundwater from offsite concern. Use Geoprobe for temporary monitoring
wells. Analyze groundwater for VOCs and PCBs. Estimated cost: $5,000.
<PAGE>
LOUISIANA SITES
6. Alexandria 07
7.
8. Lake Charles 33
9.
10. Monroe BTA #23
Concern: The adjoining property contains unidentifiable trash and debris
and due to easy access, may have potentially been used as a disposal site
for illegal dumping.
Recommendation: Conduct a Phase II ESA on the site consisting of one soil
borings to the watertable. Objective is to determine potential impact to
groundwater from offsite concern. Install one temporary monitoring well.
Because of wide variety of potential contaminants, analyze soil and
groundwater for Priority Pollutants. Estimated cost: $6,000.
11. Monroe BTA #25 - Brownville
Concern 1: The adjacent property to the west was formerly used to mine
gravel. Currently, the property is an open pit filled with rainwater and
other household trash and debris. PPM observed a very corroded 55-gallon
unlabeled in the pit. Due to the accessibility to the pit, the property has
obviously been used for dumping; therefore, PPM cannot eliminate the
possibility that dumping of hazardous wastes have been illegally dumped on
this adjoining property.
Concern 2: During the initial clearing of the subject property, household
debris was found by the developer. Although household debris would not
typically be hazardous in nature, its presence along with the property's
common historical ownership with adjoining property discussed above does
indicate a common past usage.
Recommendation: Conduct a Phase II ESA on the site consisting of two soil
borings to the watertable. Objective is to determine potential impact to
groundwater from on and offsite concern. Install two temporary monitoring
wells. Because of wide variety of potential contaminants, analyze soil and
groundwater for Priority Pollutants. Estimated cost: $10,000.
Shreveport BTA #15 - University - Gas station concern
Concern: The adjoining University Exxon is a gasoline
<PAGE>
service station and solid waste landfill. This facility has a history of
automotive maintenance and repair operations. Such operations require the
use, storage and disposal of petroleum products, spent automotive fluids
and degreasing chemicals. Past disposal practices of petroleum products or
hazardous substances related to the automotive repair at the facility are
unknown. Surface stains and stressed vegetation were noted in the area of
the four barrels located behind the University Exxon.
Recommendation: Conduct a Phase II ESA on the site consisting of two soil
borings to the watertable. Objective is to determine potential impact to
groundwater from adjoining property use. Use Geoprobe for temporary
monitoring wells. Analyze groundwater for VOC and PAHs. Estimated cost:
$4,000.
MISSISSIPPI SITES
12. Meridian BTA #11 - I-20 Toomsuba
Concern: Surface staining observed on the subject property appears to
be due to oil/gas runoff from adjoining BP station and/or Dunrite Truck
Wash/Oil and Lube.
Recommendation: No information is expected to be available from MDEQ;
therefore, conduct a Phase II ESA on the site consisting of three soil
borings in the area of oil staining. First objective is to determine if
staining is surficial. If so, conclude de minimis condition. If not,
determine vertical extent and potential impact to groundwater. Use Geoprobe
for soil borings/temporary monitoring wells. Analyze soil and groundwater
samples for MDEQ petroleum parameters. Estimated cost: $2,500 to $4,000
depending on whether groundwater is assessed.
<PAGE>
13. TEXAS SITES
14. Longview BTA #2 - Bel-Air
Concern: The LUST site, Roma Gas, is located adjacent to either the east
or southeast of the subject property. At either location, due to its
proximity the reported release is a concern to the subject property.
Recommendation: Order case files from TNRCC for review (see Tyler #25
recommendation). Otherwise, conduct a Phase II ESA on the site consisting
of one soil boring (two total) opposite each potential Roma Gas location.
Objective is to determine if impacted groundwater has migrated beneath the
site. Use Geoprobe for temporary monitoring wells. Analyze groundwater
samples for TNRCC petroleum parameters. Estimated cost: $4,000.
Longview BTA #3 - Liberty City
Concern: The property was part of the East Texas Oil Field prior to 1942.
A concrete slab located near the property is a remainder of an old oil well
base. Environmental concerns associated with oil field activities include
potential impacts from petroleum products used to fuel drilling equipment
and as a drilling mud additive, releases of crude oil from storage tanks,
pipelines, and from leaking well casings, release of radio-nucleotides in
production water from storage tanks and injection wells, and the presence
of toxic metals and petroleum hydrocarbons in abandoned mud pits.
Recommendation: No information is expected to be available from TNRCC or
TRC; therefore, conduct a Phase II ESA on the site consisting of one soil
boring to the watertable. Objective is to determine potential impact to
soil and groundwater. Use Geoprobe for soil boring/temporary monitoring
well. Analyze soil and groundwater for petroleum indicators. Also analyze
soil for total RCRA metals. Metals analysis for groundwater would require
temporary, well-developed monitoring wells with sufficient stabilization
time to minimize turbidity problems. Estimated cost: $3,500 for temporary
well or $6,500 for temporary wells.
Longview BTA #10 - Pine Tree
Concern: Two state-equivalent CERCLIS facilities Pinetree Center and
Northwest Village-Longview are located 1,000 and 1,400 feet northeast and
potentially up gradient of the
<PAGE>
property. Both facilities have an unknown status with pollutants of VOCs
and heavy metals. PPM was unable to receive information from TNRCC.
Recommendation: Order case files from TNRCC for review (see Tyler #25
recommendation). Otherwise, a conduct a Phase II ESA on the site consisting
of one soil boring to the watertable. Objective is to determine potential
impact to groundwater from offsite concerns. Install one temporary
monitoring well. Analyze groundwater for VOCs and total RCRA metals. Metals
analysis for groundwater would require temporary, well-developed monitoring
wells with sufficient stabilization time to minimize turbidity problems.
Estimated cost: $6,500.
Longview BTA #26 - Scottsville
Concern: A Natural Gas Well is located 250 feet from the site.
Recommendation: Because the natural gas well appears to be an isolated
well, is not located close enough to the property for the mud pit to have
been on site, and natural gas production generally pose less environmental
risk than oil production wells, the potential impact to the site is
considered minimal and no further action is recommended.
15. Texarkana BTA #1 - Eylau
Concern: The site was formerly used for a trucking company. Specific
information on the activities at this former trucking company was not
available. The former trucking company poses a potential concern because
such facilities often have fueling facilities or perform service work that
may involve petroleum products and hazardous substances.
Recommendation: Conduct a Phase II ESA on the site consisting of two soil
borings to the watertable. Objective is to determine potential impact to
soil and groundwater from past site use. Use Geoprobe for temporary
monitoring wells. Analyze groundwater for VOC and PAHs. Estimated cost:
$6,000.
16. Texarkana BTA #8 - Nash
Concern: Alumax Mill Products, Inc. is located 100 feet north of the
property. TNRCC records indicate Alumax is a large quantity hazardous waste
generator and has had two LUST incidents that have or are pending case
closure.
<PAGE>
Groundwater was impacted by the second incident, although there were no
apparent threats or impacts to receptors. TNRCC records indicate that this
facility has 9 or 10 tanks, 6 of which have been removed or abandoned. The
remaining tanks are a 10,000-gallon oil UST for oil, a 25,000-gallon
kerosene UST, an 8,000-gallon diesel UST, and a 22,000-gallon diesel AST.
This facility is considered a concern due to its proximity, leak history,
and large volume of stored petroleum products.
Recommendation: Conduct a Phase II ESA on the site consisting of two soil
boring/temporary monitoring wells using Geoprobe. Objective is to determine
if impacted groundwater has migrated beneath the site. Analyze groundwater
samples for TNRCC petroleum parameters. Estimated cost: $4,000.
Tyler BTA #06
Tyler BTA #18
Tyler BTA #23 - Glenwood
Concern: Allied Transport, is adjacent and up gradient to the subject
property. An UST leak was reported in 1988, and a drinking water aquifer or
water well has been impacted.
Recommendation: Conduct a Phase II ESA on the site consisting of two-soil
boring/temporary monitoring wells using Geoprobe. Objective is to determine
if impacted groundwater has migrated beneath the site. Analyze groundwater
samples for TNRCC petroleum parameters. Estimated cost: $4,000.
Tyler BTA #25 - Beckham
Concern: Exum's, Inc. is a LUST facility located adjacent to the subject
property. According to the VISTA database, there was no groundwater impact
and final concurrence is pending documentation on the LUST incident. Exum's
UST was removed 10 years ago. However, due to its close proximity, the
subject property could be impacted, so this site is a recognized
environmental condition. If the site receives a "Case Closed" status, the
concern will be reduced.
Recommendation: Order case files from TNRCC for review. The most expedient
method of file review would be to travel to Austin. To review files for
this and other Texas projects estimated cost is $3,500.
<PAGE>
II. Missing Phase I Reports:
----------------------------
Site No. LC 18
Site No. LONG 4
Site No. MBL 26
Site No. MBL 41
Site No. MON 10
Site No. MON 24
Site No. MONT 4
Site No. MONT 5
Site No. PEN 16
Site No. SHREV 33
Site No. TUSC 16
Site No. VICK 5
III. The Following Sites Are Unacceptable as "Flagpole" Towers:
--------------------------------------------------------------
Site No. ANN 5
Site No. TEXAR 10
IV. Missing Structural Drawings:
--------------------------------
Site No. ALEX 6
Site No. ALEX 20
Site No. ALEX 34
Site No. BIRM 6
Site No. BIRM 7
Site No. BIRM 9
Site No. COLUM 3
Site No. COLUM 4
Site No. COLUM 13
Site No. COLUM 14
Site No. COLUM 17
Site No. FLOR 9
Site No. GAS 2
Site No. GREEN 1
Site No. GREEN 6
Site No. GREEN 10
Site No. HATTIE 14
Site No. HSP 16
Site No. HSP 22
Site No. LC 12
Site No. LC 22
Site No. LC 25
Site No. MEM 2
Site No. MEM 4
Site No. MEM 5
Site No. MEM 6
Site No. MER 11
Site No. MER 15
Site No. MER 17
Site No. MER 19
Site No. MON 20
Site No. MON 23
Site No. MONT 44
Site No. NASH 4
Site No. PENN 16
Site No. TEXARK 7
Site No. TEXARK 14
Site No. TEXARK 20
Site No. TEXARK 21
Site No. TEXARK 23
Site No. TUPELO 4
Site No. TUPELO 5
Site No. TUPELO 6
Site No. TUPELO 9
Site No. TUPELO 16
Site No. TUPELO 17
Site No. TUPELO 18
Site No. TUPELO 23
Site No. TYLER 19
Site No. VICK 6
V. The Missing Required Ground Lessor Consents as of the First
----------------------------------------------------------------
Closing Closing Date:
--------------------
LONG 13
MON 9
SHREV 2
TYLER 23
<PAGE>
Schedule 2.8
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------
Site # (Maximum Additional Antennas Add'l Charge *** # of Antennas as of
Capacity) # of US Unwired Would the date of the
Antennas tower like to add to Antenna Site
is designed for Towers** Agreement
-------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Tusc 6 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Alex 02 24 3 Free! 6
-------------------------------------------------------------------------------------------------
Mon 19 24 3 Free! 6
-------------------------------------------------------------------------------------------------
Mont 4 24 2 Free! 6
-------------------------------------------------------------------------------------------------
Shrev 12 24 3 Free! 6
-------------------------------------------------------------------------------------------------
Shrev 15 24 3 Free! 6
-------------------------------------------------------------------------------------------------
Tyler 01 24 3 Free! 6
-------------------------------------------------------------------------------------------------
HSP 14 27 3 Free! 6
-------------------------------------------------------------------------------------------------
MBL 22 27 3 Free! 6
-------------------------------------------------------------------------------------------------
MBL 28 27 3 Free! 6
-------------------------------------------------------------------------------------------------
MBL 30 27 3 Free! 6
-------------------------------------------------------------------------------------------------
MBL 33 27 3 Free! 6
-------------------------------------------------------------------------------------------------
Mon 25 27 2 Free! 6
-------------------------------------------------------------------------------------------------
Mont 5 27 3 Free! 6
-------------------------------------------------------------------------------------------------
Tyler 25 27 3 Free! 6
-------------------------------------------------------------------------------------------------
LC 33 36 3 Free! 6
-------------------------------------------------------------------------------------------------
LONg 20 36 9 3 Free; 6 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Long 21 36 9 3 Free; 6 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Long 24 36 9 3 Free; 6 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Alex 05 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Shrev 02 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Shrev 04 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Shrev 05 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Shrev 07 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Shrev 08 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Shrev 09 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Shrev 16 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Shrev 17 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Tyler 12 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Tyler 13 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Tyler 23 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Tyler 24 12 3 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Long 02 12 9 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Long 04 12 9 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Long 10 12 9 Pro-Rata 6
-------------------------------------------------------------------------------------------------
long 11 12 9 Pro-Rata 6
-------------------------------------------------------------------------------------------------
long 12 12 9 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Long 13 12 9 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Long 14 12 9 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Long 16 12 9 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Long 25 12 9 Pro-Rata 6
-------------------------------------------------------------------------------------------------
Ann 5 Flagpole 1 3 * 6
Tenant
-------------------------------------------------------------------------------------------------
HSP 15 Flagpole 1 3 * 6
Tenant
-------------------------------------------------------------------------------------------------
HSP 20 Missing Info 3 * 6
-------------------------------------------------------------------------------------------------
HSP 24 Missing Info 2 * 6
-------------------------------------------------------------------------------------------------
Shrev 03 Missing Info 3 * 6
-------------------------------------------------------------------------------------------------
shrev 06 Missing Info 3 * 6
-------------------------------------------------------------------------------------------------
shrev 10 Missing Info 3 * 6
-------------------------------------------------------------------------------------------------
shrev 11 Missing Info 3 * 6
-------------------------------------------------------------------------------------------------
SLM 3 Missing Info 3 * 6
-------------------------------------------------------------------------------------------------
Texar 07 Missing Info 9 * 6
-------------------------------------------------------------------------------------------------
Texar 09 Missing Info 9 * 6
-------------------------------------------------------------------------------------------------
Texar 10 Missing Info 9 * 6
-------------------------------------------------------------------------------------------------
Texar 13 Missing Info 9 * 6
-------------------------------------------------------------------------------------------------
MBL 26 Rooftop 3 * 6
-------------------------------------------------------------------------------------------------
Tyler 16 * 6
-------------------------------------------------------------------------------------------------
Tyler 19 * 6
-------------------------------------------------------------------------------------------------
</TABLE>
* To be determined based on the following criteria: If the design of the
referenced Tower provides for less than 24 antennae, the cost shall be pro-rata
based on the rent at the time that the option to add such antennae is exercised.
If the design of the referenced Tower provides for 24 or more antennae, the
first three such added antennae shall be free and the remainder of the added
antennae shall be pro rata based on the rent at the time that the option to add
such antennae is exercised and calculated on the basis of the original six
antennae.
** Each added antenna shall have one 1' 5/8" co-ax attached to it.
*** The pro-rata calculation shall be based on the original six antenna.
<PAGE>
Schedule 3.7
COMPLETED TOWERS
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------
Site # Cost Age Service Dep Market Assessed Estimated Tax 2000 Estimated
Life Factor Value Value Rate Taxes
--------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------
ALEX 02 $ 131,688.92 2 20 .93 $ 122,470.70 $ 18,370.60 0.128020106 $ 2,351.81
--------------------------------------------------------------------------------------------------------------------
ALEX 04 $ 80,800.00 1 20 .97 $ 78,376.00 $ 11,756.40 0.15 $ 1,763.46
--------------------------------------------------------------------------------------------------------------------
ALEX 05 $ 100,291.26 2 20 .93 $ 93,270.87 $ 13,990.63 0.211050024 $ 2,952.72
--------------------------------------------------------------------------------------------------------------------
ALEX 07 $ 105,415.32 2 20 .93 $ 98,036.25 $ 14,705.44 0.15 $ 2,205.82
--------------------------------------------------------------------------------------------------------------------
ALEX 08 $ 95,651.71 1 20 .97 $ 92,782.16 $ 13,917.32 0.123480004 $ 1,718.51
--------------------------------------------------------------------------------------------------------------------
ALEX 10 $ 96,458.00 2 20 .93 $ 89,705.94 $ 13,455.89 0.124079929 $ 1,669.61
--------------------------------------------------------------------------------------------------------------------
ALEX 11 $ 105,856.98 2 20 .93 $ 98,446.99 $ 14,767.05 0.13096985 $ 1,934.04
--------------------------------------------------------------------------------------------------------------------
ALEX 12 $ 142,510.28 2 20 .93 $ 132,534.56 $ 19,880.18 0.159533563 $ 3,171.56
--------------------------------------------------------------------------------------------------------------------
ALEX 13 $ 112,091.00 1 20 .97 $ 108,728.27 $ 16,309.24 0.145449959 $ 2,372.18
--------------------------------------------------------------------------------------------------------------------
ALEX 14 $ 85,200.00 1 20 .97 $ 82,644.00 $ 12,396.60 0.162599768 $ 2,015.68
--------------------------------------------------------------------------------------------------------------------
ALEX 15 $ 134,562.43 2 20 .93 $ 125,143.06 $ 18,771.46 0.156019889 $ 2,928.72
--------------------------------------------------------------------------------------------------------------------
ALEX 16 $ 101,588.00 2 20 .93 $ 94,476.84 $ 14,171.53 0.132950002 $ 1,884.10
--------------------------------------------------------------------------------------------------------------------
ALEX 17 $ 104,922.00 2 20 .93 $ 97,577.46 $ 14,636.62 0.15 $ 2,195.49
--------------------------------------------------------------------------------------------------------------------
ALEX 18 $ 89,207.62 1 20 .97 $ 86,531.39 $ 12,979.71 0.067500248 $ 876.13
--------------------------------------------------------------------------------------------------------------------
ALEX 19 $ 53,325.44 1 20 .97 $ 51,725.68 $ 7,758.85 0.15 $ 1,163.83
--------------------------------------------------------------------------------------------------------------------
ALEX 20 $ 100,916.00 2 20 .93 $ 93,851.88 $ 14,077.78 0.195080084 $ 2,746.29
--------------------------------------------------------------------------------------------------------------------
ALEX 21 $ 97,160.00 2 20 .93 $ 90,358.80 $ 13,553.82 0.128800247 $ 1,745.74
--------------------------------------------------------------------------------------------------------------------
ALEX 22 $ 89,500.00 2 20 .93 $ 83,235.00 $ 12,485.25 0.12813006 $ 1,599.74
--------------------------------------------------------------------------------------------------------------------
ALEX 23 $ 96,058.90 2 20 .93 $ 89,334.78 $ 13,400.22 0.159940015 $ 2,143.23
--------------------------------------------------------------------------------------------------------------------
ALEX 24 $ 112,849.04 2 20 .93 $ 104,949.61 $ 15,742.44 0.136130028 $ 2,143.02
--------------------------------------------------------------------------------------------------------------------
ALEX 25 $ 111,514.00 2 20 .93 $ 103,708.02 $ 15,556.20 0.118080282 $ 1,836.88
--------------------------------------------------------------------------------------------------------------------
ALEX 26 $ 103,619.00 2 20 .93 $ 96,365.67 $ 14,454.85 0.107349995 $ 1,551.73
--------------------------------------------------------------------------------------------------------------------
ALEX 27 $ 68,719.38 1 20 .97 $ 66,657.80 $ 9,998.67 0.15 $ 1,499.80
--------------------------------------------------------------------------------------------------------------------
ALEX 28 $ 73,500.00 1 20 .97 $ 71,295.00 $ 10,694.25 0.1185 $ 1,267.27
--------------------------------------------------------------------------------------------------------------------
ALEX 29 $ 72,549.00 1 20 .97 $ 70,372.53 $ 10,555.88 0.168490399 $ 1,778.56
--------------------------------------------------------------------------------------------------------------------
ALEX 31 $ 65,432.32 1 20 .97 $ 63,469.35 $ 9,520.40 0.131930233 $ 1,256.03
--------------------------------------------------------------------------------------------------------------------
ALEX 32 $ 89,908.00 1 20 .97 $ 87,210.76 $ 13,081.61 0.15 $ 1,962.24
--------------------------------------------------------------------------------------------------------------------
ALEX 36 $ 60,890.00 1 20 .97 $ 59,063.30 $ 8,859.50 0.15 $ 1,328.92
--------------------------------------------------------------------------------------------------------------------
ANN 10 $ 89,908.00 1 20 .97 $ 87,210.76 $ 17,442.15 0.0515 $ 898.27
--------------------------------------------------------------------------------------------------------------------
ANN 11 $ 60,890.00 1 20 .97 $ 59,063.30 $ 11,812.66 0.0515 $ 608.35
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------
ANN 5 $ 63,337.00 1 20 .97 $ 61,436.89 $ 12,287.38 0.0515 $ 632.80
--------------------------------------------------------------------------------------------------------------------
ANN 8 $ 89,908.00 1 20 .97 $ 87,210.76 $ 17,442.15 0.0515 $ 898.27
--------------------------------------------------------------------------------------------------------------------
DEC 5 $ 63,337.00 1 20 .97 $ 61,436.89 $ 12,287.38 0.0515 $ 632.80
--------------------------------------------------------------------------------------------------------------------
HATT 14 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 13,014.18 0.14 $ 1,821.99
--------------------------------------------------------------------------------------------------------------------
HSP 10 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 11 $ 60,890.00 1 16 .93 $ 56,627.70 $ 11,325.54 0.09611 $ 1,088.50
--------------------------------------------------------------------------------------------------------------------
HSP 13 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 14 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 15 $ 63,337.00 1 16 .93 $ 58,903.41 $ 11,780.68 0.09611 $ 1,132.24
--------------------------------------------------------------------------------------------------------------------
HSP 16 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 20 $ 63,337.00 1 16 .93 $ 58,903.41 $ 11,780.68 0.09611 $ 1,132.24
--------------------------------------------------------------------------------------------------------------------
HSP 21 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 22 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 23 $ 60,890.00 1 16 .93 $ 56,627.70 $ 11,325.54 0.09611 $ 1,088.50
--------------------------------------------------------------------------------------------------------------------
HSP 24 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 3 $ 60,890.00 1 16 .93 $ 56,627.70 $ 11,325.54 0.09611 $ 1,088.50
--------------------------------------------------------------------------------------------------------------------
HSP 4 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 5 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 6 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 7 $ 60,890.00 1 16 .93 $ 56,627.70 $ 11,325.54 0.09611 $ 1,088.50
--------------------------------------------------------------------------------------------------------------------
HSP 8 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HSP 9 $ 89,908.00 1 16 .93 $ 83,614.44 $ 16,722.89 0.09611 $ 1,607.24
--------------------------------------------------------------------------------------------------------------------
HUNT 14 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
HUNT 15 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
LC 12 $ 18,929.64 1 20 .97 $ 18,361.75 $ 2,754.26 0.160589651 $ 442.31
--------------------------------------------------------------------------------------------------------------------
LC 13 $ 78,290.99 2 20 .93 $ 72,810.62 $ 10,921.59 0.125260111 $ 1,368.04
--------------------------------------------------------------------------------------------------------------------
LC 18 $ 99,412.00 2 20 .93 $ 92,453.16 $ 13,867.97 0.091850324 $ 1,273.78
--------------------------------------------------------------------------------------------------------------------
LC 20 $ 187,579.16 2 20 .93 $ 174,448.62 $ 26,167.29 0.190740015 $ 4,991.15
--------------------------------------------------------------------------------------------------------------------
LC 21 $ 163,515.08 1 20 .97 $ 158,609.63 $ 23,791.44 0.124889889 $ 2,971.31
--------------------------------------------------------------------------------------------------------------------
LC 22 $ 93,690.00 1 20 .97 $ 90,879.30 $ 13,631.90 0.160390586 $ 2,186.43
--------------------------------------------------------------------------------------------------------------------
LC 32 $ 61,274.00 1 20 .97 $ 59,435.78 $ 8,915.37 0.125989671 $ 1,123.24
--------------------------------------------------------------------------------------------------------------------
LC 33 $ 103,656.00 2 20 0.93 $ 96,400.08 $ 14,460.01 0.15 $ 2,169.00
--------------------------------------------------------------------------------------------------------------------
LONG 01 $ 57,575.12 1 20 .96 $ 55,272.12 $ 55,272.12 0.017474163 $ 965.83
--------------------------------------------------------------------------------------------------------------------
LONG 02 $ 51,267.20 1 20 .96 $ 49,216.51 $ 49,216.51 0.022158757 $ 1,090.58
--------------------------------------------------------------------------------------------------------------------
LONG 03 $ 33,128.89 1 20 .96 $ 31,803.73 $ 31,803.73 0.02 $ 636.07
--------------------------------------------------------------------------------------------------------------------
LONG 04 $ 60,890.00 1 20 .96 $ 58,454.40 $ 58,454.40 0.02 $ 1,169.09
--------------------------------------------------------------------------------------------------------------------
LONG 05 $ 60,890.00 1 20 .96 $ 58,454.40 $ 58,454.40 0.02028989 $ 1,186.03
--------------------------------------------------------------------------------------------------------------------
LONG 06 $ 57,422.81 1 20 .96 $ 55,125.90 $ 55,125.90 0.01721323 $ 948.89
--------------------------------------------------------------------------------------------------------------------
LONG 08 $ 13,744.00 1 20 .96 $ 13,194.24 $ 13,194.24 0.020902816 $ 275.80
--------------------------------------------------------------------------------------------------------------------
LONG 10 $ 43,730.84 1 20 .96 $ 41,981.61 $ 41,981.61 0.02 $ 839.63
--------------------------------------------------------------------------------------------------------------------
LONG 11 $ 52,250.00 1 20 .96 $ 50,160.00 $ 50,160.00 0.02 $ 1,003.20
--------------------------------------------------------------------------------------------------------------------
LONG 12 $ 85,580.00 1 20 .96 $ 82,156.80 $ 82,156.80 0.02 $ 1,643.14
--------------------------------------------------------------------------------------------------------------------
LONG 13 $ 59,299.36 1 20 .96 $ 56,927.39 $ 56,927.39 0.02 $ 1,138.55
--------------------------------------------------------------------------------------------------------------------
LONG 14 $ 65,828.00 1 20 .96 $ 63,194.88 $ 63,194.88 0.02 $ 1,263.90
--------------------------------------------------------------------------------------------------------------------
LONG 16 $ 52,850.00 1 20 .96 $ 50,736.00 $ 50,736.00 0.02 $ 1,014.72
--------------------------------------------------------------------------------------------------------------------
LONG 18 $ 61,481.56 1 20 .96 $ 59,022.30 $ 59,022.30 0.02 $ 1,180.45
--------------------------------------------------------------------------------------------------------------------
LONG 20 $ 105,930.00 1 20 .96 $ 101,692.80 $ 101,692.80 0.02215875 $ 2,253.39
--------------------------------------------------------------------------------------------------------------------
LONG 21 $ 55,553.90 1 20 .96 $ 53,331.74 $ 53,331.74 0.022158751 $ 1,181.76
--------------------------------------------------------------------------------------------------------------------
LONG 22 $ 54,268.00 1 20 .96 $ 52,097.28 $ 52,097.28 0.02 $ 1,041.95
--------------------------------------------------------------------------------------------------------------------
LONG 23 $ 106,575.00 1 20 .96 $ 102,312.00 $ 102,312.00 0.020289894 $ 2,075.90
--------------------------------------------------------------------------------------------------------------------
LONG 24 $ 110,118.99 1 20 .96 $ 105,714.23 $ 105,714.23 0.022158741 $ 2,342.49
--------------------------------------------------------------------------------------------------------------------
LONG 25 $ 67,309.00 1 20 .96 $ 64,616.64 $ 64,616.64 0.02 $ 1,292.33
--------------------------------------------------------------------------------------------------------------------
LONG 26 $ 55,170.32 1 20 .96 $ 52,963.51 $ 52,963.51 0.017474143 $ 925.49
--------------------------------------------------------------------------------------------------------------------
LONG 27 $ 52,700.00 1 20 .96 $ 50,592.00 $ 50,592.00 0.001655211 $ 83.74
--------------------------------------------------------------------------------------------------------------------
LONG 28 $ 53,629.69 1 20 .96 $ 51,484.50 $ 51,484.50 0.02 $ 1,029.69
--------------------------------------------------------------------------------------------------------------------
LONG 29 $ 61,850.00 1 20 .96 $ 59,376.00 $ 59,376.00 0.003659919 $ 217.31
--------------------------------------------------------------------------------------------------------------------
LONG 31 $ 54,937.63 1 20 .96 $ 52,740.12 $ 52,740.12 0.017213224 $ 907.83
--------------------------------------------------------------------------------------------------------------------
LONG 32 $ 57,842.58 1 20 .96 $ 55,528.88 $ 55,528.88 0.019090446 $ 1,060.07
--------------------------------------------------------------------------------------------------------------------
LONG 33 $ 89,908.00 1 20 .96 $ 86,311.68 $ 86,311.68 0.02 $ 1,726.23
--------------------------------------------------------------------------------------------------------------------
MBL 1 $ 60,890.00 1 20 0.965 $ 58,758.85 $ 11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
MBL 22 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MBL 26 $ 75,000.00 1 20 0.965 $ 72,375.00 $ 14,475.00 0.0515 $ 745.46
--------------------------------------------------------------------------------------------------------------------
MBL 28 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MBL 30 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MBL 33 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MBL 34 $ 60,890.00 1 20 0.965 $ 58,758.85 $ 11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
MBL 35 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MBL 41 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MER 10 $ 60,890.00 1 20 0.965 $ 58,758.85 $ 11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
MER 15 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------
MER 16 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MER 18 $ 117,157.00 1 20 0.965 $ 113,056.51 $ 16,958.48 0.14 $ 2,374.19
--------------------------------------------------------------------------------------------------------------------
MER 9 $ 60,890.00 1 20 0.965 $ 58,758.85 $ 11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
MON 03 $ 138,972.43 2 20 .93 $ 129,244.36 $ 19,386.65 0.118269948 $ 2,292.86
--------------------------------------------------------------------------------------------------------------------
MON 04 $ 63,337.00 1 20 .97 $ 61,436.89 $ 9,215.53 0.077830119 $ 717.25
--------------------------------------------------------------------------------------------------------------------
MON 05 $ 95,986.75 1 20 .97 $ 93,107.15 $ 13,966.07 0.12365 $ 1,726.90
--------------------------------------------------------------------------------------------------------------------
MON 08 $ 97,697.20 2 20 .93 $ 90,858.40 $ 13,628.76 0.121859974 $ 1,660.80
--------------------------------------------------------------------------------------------------------------------
MON 09 $ 130,219.00 2 20 .93 $ 121,103.67 $ 18,165.55 0.135259456 $ 2,457.06
--------------------------------------------------------------------------------------------------------------------
MON 10 $ 47,577.00 1 20 .97 $ 46,149.69 $ 6,922.45 0.12 $ 830.69
--------------------------------------------------------------------------------------------------------------------
MON 11 $ 89,908.00 1 20 .97 $ 87,210.76 $ 13,081.61 0.12 $ 1,569.79
--------------------------------------------------------------------------------------------------------------------
MON 12 $ 60,890.00 1 20 .97 $ 59,063.30 $ 8,859.50 0.112840071 $ 999.71
--------------------------------------------------------------------------------------------------------------------
MON 13 $ 60,890.00 1 20 .97 $ 59,063.30 $ 8,859.50 0.078839695 $ 698.48
--------------------------------------------------------------------------------------------------------------------
MON 16 $ 106,976.17 1 20 .97 $ 103,766.88 $ 15,565.03 0.121779913 $ 1,895.51
--------------------------------------------------------------------------------------------------------------------
MON 17 $ 3,474.27 1 20 .97 $ 3,370.04 $ 505.51 0.108850114 $ 55.02
--------------------------------------------------------------------------------------------------------------------
MON 08 $ 106,362.00 1 20 .97 $ 103,171.14 $ 15,475.67 0.12 $ 1,857.08
--------------------------------------------------------------------------------------------------------------------
MON 19 $ 92,675.00 1 20 .97 $ 89,894.75 $ 13,484.21 0.12365 $ 1,667.32
--------------------------------------------------------------------------------------------------------------------
MON 23 $ 63,337.00 1 20 .97 $ 61,436.89 $ 9,215.53 0.12 $ 1,105.86
--------------------------------------------------------------------------------------------------------------------
MON 24 $ 89,908.00 1 20 .97 $ 87,210.76 $ 13,081.61 0.12 $ 1,569.79
--------------------------------------------------------------------------------------------------------------------
MON 25 $ 89,908.00 1 20 .97 $ 87,210.76 $ 13,081.61 0.12 $ 1,569.79
--------------------------------------------------------------------------------------------------------------------
MONT 22 $ 60,890.00 1 20 0.965 $ 58,758.85 $ 11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
MONT 38 $ 60,890.00 1 20 0.965 $ 58,758.85 $ 11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
MONT 4 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MONT 44 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MONT 5 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
SHREV 02 $ 100,066.00 2 20 .93 $ 93,061.38 $ 13,959.21 0.199590124 $ 2,786.12
--------------------------------------------------------------------------------------------------------------------
SHREV 03 $ 114,629.00 2 20 .93 $ 106,604.97 $ 15,990.75 0.126289882 $ 2,019.47
--------------------------------------------------------------------------------------------------------------------
SHREV 04 $ 85,536.00 2 20 .93 $ 79,548.48 $ 11,932.27 0.199589975 $ 2,381.56
--------------------------------------------------------------------------------------------------------------------
SHREV 05 $ 98,979.93 2 20 .93 $ 92,051.33 $ 13,807.70 0.202800129 $ 2,800.20
--------------------------------------------------------------------------------------------------------------------
SHREV 06 $ 109,886.93 2 20 .93 $ 102,194.84 $ 15,329.23 0.199589969 $ 3,059.56
--------------------------------------------------------------------------------------------------------------------
SHREV 07 $ 86,500.00 2 20 .93 $ 80,445.00 $ 12,066.75 0.19958994 $ 2,408.40
--------------------------------------------------------------------------------------------------------------------
SHREV 08 $ 95,412.00 2 20 .93 $ 88,733.16 $ 13,309.97 0.126289804 $ 1,680.91
--------------------------------------------------------------------------------------------------------------------
SHREV 09 $ 99,458.00 1 20 .97 $ 96,474.26 $ 14,471.14 0.12629 $ 1,827.56
--------------------------------------------------------------------------------------------------------------------
SHREV 10 $ 117,550.00 1 20 .97 $ 114,023.50 $ 17,103.53 0.199589981 $ 3,413.69
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------
SHREV 11 $ 97,750.00 1 20 .97 $ 94,817.50 $ 14,222.63 0.160660016 $ 2,285.01
--------------------------------------------------------------------------------------------------------------------
SHREV 12 $ 138,691.00 2 20 .93 $ 128,982.63 $ 19,347.39 0.199589981 $ 3,861.55
--------------------------------------------------------------------------------------------------------------------
SHREV 15 $ 90,095.00 2 20 .93 $ 83,788.35 $ 12,568.25 0.202800075 $ 2,548.84
--------------------------------------------------------------------------------------------------------------------
SHREV 16 $ 94,368.00 2 20 .93 $ 87,762.24 $ 13,164.34 0.199590164 $ 2,627.47
--------------------------------------------------------------------------------------------------------------------
SHREV 17 $ 99,037.00 2 20 .93 $ 92,104.41 $ 13,815.66 0.126289855 $ 1,744.78
--------------------------------------------------------------------------------------------------------------------
SHREV 18 $ 60,890.00 1 20 .97 $ 59,063.30 $ 8,859.50 0.087540428 $ 775.56
--------------------------------------------------------------------------------------------------------------------
SHREV 20 $ 123,845.00 1 20 .97 $ 120,129.65 $ 18,019.45 0.09553012 $ 1,721.40
--------------------------------------------------------------------------------------------------------------------
SHREV 21 $ 106,953.14 2 20 .93 $ 99,466.42 $ 14,919.96 0.078589931 $ 1,172.56
--------------------------------------------------------------------------------------------------------------------
SHREV 22 $ 94,958.34 2 20 .93 $ 88,311.26 $ 13,246.69 0.078589972 $ 1,041.06
--------------------------------------------------------------------------------------------------------------------
SHREV 23 $ 100,009.16 2 20 .93 $ 93,008.52 $ 13,951.28 0.08892039 $ 1,240.55
--------------------------------------------------------------------------------------------------------------------
SHREV 24 $ 103,006.37 2 20 .93 $ 95,795.92 $ 14,369.39 0.174719891 $ 2,510.62
--------------------------------------------------------------------------------------------------------------------
SHREV 25 $ 104,200.00 2 20 .93 $ 96,906.00 $ 14,535.90 0.103250086 $ 1,500.83
--------------------------------------------------------------------------------------------------------------------
SHREV 26 $ 121,161.48 1 20 .97 $ 117,526.64 $ 17,629.00 0.172420255 $ 3,039.60
--------------------------------------------------------------------------------------------------------------------
SHREV 27 $ 143,090.94 2 20 .93 $ 133,074.57 $ 19,961.19 0.114599782 $ 2,287.55
--------------------------------------------------------------------------------------------------------------------
SHREV 28 $ 144,770.25 1 20 .97 $ 140,427.14 $ 21,064.07 0.078240119 $ 1,648.06
--------------------------------------------------------------------------------------------------------------------
SHREV 30 $ 52,711.57 1 20 .97 $ 51,130.22 $ 7,669.53 0.17 $ 1,303.82
--------------------------------------------------------------------------------------------------------------------
SHREV 31 $ 60,251.31 1 20 .97 $ 58,443.77 $ 8,766.57 0.132060284 $ 1,157.72
--------------------------------------------------------------------------------------------------------------------
SHREV 32 $ 57,038.49 1 20 .97 $ 55,327.34 $ 8,299.10 0.17 $ 1,410.85
--------------------------------------------------------------------------------------------------------------------
SHREV 33 $ 11,172.45 1 20 .97 $ 10,837.28 $ 1,625.59 0.09957051 $ 161.86
--------------------------------------------------------------------------------------------------------------------
SHREV 34 $ 56,468.55 1 20 .97 $ 54,774.49 $ 8,216.17 0.17 $ 1,396.75
--------------------------------------------------------------------------------------------------------------------
SHREV 35 $ 56,439.40 1 20 .97 $ 54,746.22 $ 8,211.93 0.13474 $ 1,106.48
--------------------------------------------------------------------------------------------------------------------
SHREV 36 $ 75,714.30 1 20 .97 $ 73,442.87 $ 11,016.43 0.17 $ 1,872.79
--------------------------------------------------------------------------------------------------------------------
SHREV 37 $ 47,435.10 1 20 .97 $ 46,012.05 $ 6,901.81 0.111420055 $ 769.00
--------------------------------------------------------------------------------------------------------------------
SHREV 38 $ 89,908.00 1 20 .97 $ 87,210.76 $ 13,081.61 0.088919387 $ 1,163.21
--------------------------------------------------------------------------------------------------------------------
SHREV 56 $ 117,157.00 1 20 .97 $ 113,642.29 $ 17,046.34 0.17 $ 2,897.88
--------------------------------------------------------------------------------------------------------------------
SHREV 58 $ 60,890.00 1 20 .97 $ 59,063.30 $ 8,859.50 0.17 $ 1,506.11
--------------------------------------------------------------------------------------------------------------------
SHREV 60 $ 99,412.00 1 20 .97 $ 96,429.64 $ 14,464.45 0.17 $ 2,458.96
--------------------------------------------------------------------------------------------------------------------
SHREV 61 $ 117,157.00 1 20 .97 $ 113,642.29 $ 17,046.34 0.17 $ 2,897.88
--------------------------------------------------------------------------------------------------------------------
SLM 3 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
SLM 6 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
TEXAR 01 $ 80,425.45 1 20 .96 $ 77,208.43 $ 77,208.43 0.02 $ 1,544.17
--------------------------------------------------------------------------------------------------------------------
TEXAR 02 $ 45,232.56 1 20 .96 $ 43,423.26 $ 43,423.26 0.02 $ 868.47
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------
TEXAR 03 $ 67,542.07 1 20 .96 $ 64,840.39 $ 64,840.39 0.02 $ 1,296.81
--------------------------------------------------------------------------------------------------------------------
TEXAR 04 $ 89,908.00 1 20 .96 $ 86,311.68 $ 86,311.68 0.02 $ 1,726.23
--------------------------------------------------------------------------------------------------------------------
TEXAR 05 $ 53,832.38 1 20 .96 $ 51,679.08 $ 51,679.08 0.02 $ 1,033.58
--------------------------------------------------------------------------------------------------------------------
TEXAR 07 $ 63,135.90 1 20 .96 $ 60,610.46 $ 60,610.46 0.02 $ 1,212.21
--------------------------------------------------------------------------------------------------------------------
TEXAR 08 $ 91,752.69 1 20 .96 $ 88,082.58 $ 88,082.58 0.02 $ 1,761.65
--------------------------------------------------------------------------------------------------------------------
TEXAR 09 $ 75,736.64 1 16 .93 $ 70,435.08 $ 14,087.02 0.1001 $ 1,410.11
--------------------------------------------------------------------------------------------------------------------
TEXAR 10 $ 52,083.38 1 20 .96 $ 50,000.04 $ 50,000.04 0.02 $ 1,000.00
--------------------------------------------------------------------------------------------------------------------
TEXAR 11 $ 47,775.30 1 16 .93 $ 44,431.03 $ 8,886.21 0.1001 $ 889.51
--------------------------------------------------------------------------------------------------------------------
TEXAR 12 $ 60,890.00 1 16 .93 $ 56,627.70 $ 11,325.54 0.1001 $ 1,133.69
--------------------------------------------------------------------------------------------------------------------
TEXAR 13 $ 60,890.00 1 16 .93 $ 56,627.70 $ 11,325.54 0.1001 $ 1,133.69
--------------------------------------------------------------------------------------------------------------------
TEXAR 14 $ 60,890.00 1 16 .93 $ 56,627.70 $ 11,325.54 0.1001 $ 1,133.69
--------------------------------------------------------------------------------------------------------------------
TEXAR 16 $ 60,890.00 1 16 .93 $ 56,627.70 $ 11,325.54 0.1001 $ 1,133.69
--------------------------------------------------------------------------------------------------------------------
TEXAR 17 $ 95,217.00 1 20 .96 $ 91,408.32 $ 91,408.32 0.02 $ 1,828.17
--------------------------------------------------------------------------------------------------------------------
TEXAR 18 $ 60,890.00 1 16 .93 $ 56,627.70 $ 11,325.54 0.1001 $ 1,133.69
--------------------------------------------------------------------------------------------------------------------
TEXAR 19 $ 89,908.00 1 20 .96 $ 86,311.68 $ 86,311.68 0.02 $ 1,726.23
--------------------------------------------------------------------------------------------------------------------
TEXAR 20 $ 97,124.09 1 20 .96 $ 93,239.13 $ 93,239.13 0.02 $ 1,864.78
--------------------------------------------------------------------------------------------------------------------
TEXAR 21 $ 144,620.69 1 20 .96 $ 138,835.86 $ 138,835.86 0.02 $ 2,776.72
--------------------------------------------------------------------------------------------------------------------
TEXAR 22 $ 93,860.00 1 20 .96 $ 90,105.60 $ 90,105.60 0.02 $ 1,802.11
--------------------------------------------------------------------------------------------------------------------
TEXAR 23 $ 55,632.85 1 16 .93 $ 51,738.55 $ 10,347.71 0.1001 $ 1,035.81
--------------------------------------------------------------------------------------------------------------------
TEXAR 25 $ 71,710.92 1 16 .93 $ 66,691.16 $ 13,338.23 0.1001 $ 1,335.16
--------------------------------------------------------------------------------------------------------------------
TEXAR 26 $ 100,765.38 1 20 .96 $ 96,734.76 $ 96,734.76 0.02 $ 1,934.70
--------------------------------------------------------------------------------------------------------------------
TUSC 16 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
TUSC 6 $ 89,908.00 1 20 0.965 $ 86,761.22 $ 17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
TYLER 01 $ 42,314.25 1 20 .96 $ 40,621.68 $ 40,621.68 0.02 $ 812.43
--------------------------------------------------------------------------------------------------------------------
TYLER 02 $ 60,890.00 1 20 .96 $ 58,454.40 $ 58,454.40 0.02 $ 1,169.09
--------------------------------------------------------------------------------------------------------------------
TYLER 04 $ 83,450.00 1 20 .96 $ 80,112.00 $ 80,112.00 0.02 $ 1,602.24
--------------------------------------------------------------------------------------------------------------------
TYLER 06 $ 89,908.00 1 20 .96 $ 86,311.68 $ 86,311.68 0.02 $ 1,726.23
--------------------------------------------------------------------------------------------------------------------
TYLER 07 $ 59,650.00 1 20 .96 $ 57,264.00 $ 57,264.00 0.02 $ 1,145.28
--------------------------------------------------------------------------------------------------------------------
TYLER 08 $ 51,682.90 1 20 .96 $ 49,615.58 $ 49,615.58 0.02 $ 992.31
--------------------------------------------------------------------------------------------------------------------
TYLER 09 $ 53,955.72 1 20 .96 $ 51,797.49 $ 51,797.49 0.02 $ 1,035.95
--------------------------------------------------------------------------------------------------------------------
TYLER 10 $ 7,750.00 1 20 .96 $ 7,440.00 $ 7,440.00 0.02 $ 148.80
--------------------------------------------------------------------------------------------------------------------
TYLER 11 $ 33,407.41 1 20 .96 $ 32,071.11 $ 32,071.11 0.02 $ 641.42
--------------------------------------------------------------------------------------------------------------------
TYLER 12 $ 101,395.61 1 20 .96 $ 97,339.79 $ 97,339.79 0.02 $ 1,946.80
--------------------------------------------------------------------------------------------------------------------
TYLER 13 $ 91,752.69 1 20 .96 $ 88,082.58 $ 88,082.58 0.02 $ 1,761.65
--------------------------------------------------------------------------------------------------------------------
TYLER 14 $ 55,277.29 1 20 .96 $ 53,066.20 $ 53,066.20 0.02 $ 1,061.32
--------------------------------------------------------------------------------------------------------------------
TYLER 16 $ 52,800.00 1 20 .96 $ 50,688.00 $ 50,688.00 0.02 $ 1,013.76
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------
TYLER 17 $ 52,669.20 1 20 .96 $ 50,562.43 $50,562.43 0.02 $ 1,011.25
--------------------------------------------------------------------------------------------------------------------
TYLER 18 $ 89,279.81 1 20 .96 $ 85,708.62 $85,708.62 0.02 $ 1,714.17
--------------------------------------------------------------------------------------------------------------------
TYLER 19 $ 87,418.13 1 20 .96 $ 83,921.40 $83,921.40 0.02 $ 1,678.43
--------------------------------------------------------------------------------------------------------------------
TYLER 20 $ 98,426.32 1 20 .96 $ 94,489.27 $94,489.27 0.02 $ 1,889.79
--------------------------------------------------------------------------------------------------------------------
TYLER 21 $ 51,750.00 1 20 .96 $ 49,680.00 $49,680.00 0.02 $ 993.60
--------------------------------------------------------------------------------------------------------------------
TYLER 23 $ 60,519.33 1 20 .96 $ 58,098.56 $58,098.56 0.02 $ 1,161.97
--------------------------------------------------------------------------------------------------------------------
TYLER 24 $ 67,677.37 1 20 .96 $ 64,970.28 $64,970.28 0.02 $ 1,299.41
--------------------------------------------------------------------------------------------------------------------
TYLER 25 $ 55,700.00 1 20 .96 $ 53,472.00 $53,472.00 0.02 $ 1,069.44
--------------------------------------------------------------------------------------------------------------------
TYLER 27 $ 89,908.00 1 20 .96 $ 86,311.68 $86,311.68 0.02 $ 1,726.23
--------------------------------------------------------------------------------------------------------------------
TYLER 28 $ 60,890.00 1 20 .96 $ 58,454.40 $58,454.40 0.02 $ 1,169.09
--------------------------------------------------------------------------------------------------------------------
VICK 5 $ 117,157.00 1 20 0.965 $113,056.51 $16,958.48 0.14 $ 2,374.19
--------------------------------------------------------------------------------------------------------------------
$17,269,67.22 $313,442.90
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
PENDING
--------------------------------------------------------------------------------------------------------------------
Site # Cost Age Service Dep Market Assessed Estimated Tax 2000 Estimated
Life Factor Value Value Rate Taxes
--------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ALEX 6 $ 101,800 2 20 0.93 94674 $14,201.10 0.15 $ 2,130.17
--------------------------------------------------------------------------------------------------------------------
ALEX 34 $ 89,908 1 20 0.97 87210.76 $13,081.61 0.15 $ 1,962.24
--------------------------------------------------------------------------------------------------------------------
BIRM 06 $ 60,890 1 20 0.965 58758.85 $11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
BIRM 7 $ 75,000 1 20 0.965 72375 $14,475.00 0.0515 $ 745.46
--------------------------------------------------------------------------------------------------------------------
BIRM 9 $ 75,000 1 20 0.965 72375 $14,475.00 0.0515 $ 745.46
--------------------------------------------------------------------------------------------------------------------
BIRM 10 $ 75,000 1 20 0.965 72375 $14,475.00 0.0515 $ 745.46
--------------------------------------------------------------------------------------------------------------------
BIRM 11 $ 75,000 1 20 0.965 72375 $14,475.00 0.0515 $ 745.46
--------------------------------------------------------------------------------------------------------------------
BIRM 12 $ 60,890 1 20 0.965 58758.85 $11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
BIRM 13 $ 60,890 1 20 0.965 58758.85 $11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
BIRM 17 $ 60,890 1 20 0.965 58758.85 $11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
COL 3 $ 75,000 1 20 0.965 72375 $10,856.25 0.13397 $ 1,454.41
--------------------------------------------------------------------------------------------------------------------
COL 04 $ 60,890 1 20 0.965 58758.85 $ 8,813.83 0.13397 $ 1,180.79
--------------------------------------------------------------------------------------------------------------------
COL 07 $ 89,908 1 20 0.965 86761.22 $13,014.18 0.13397 $ 1,743.51
--------------------------------------------------------------------------------------------------------------------
COL 13 $ 60,890 1 20 0.965 58758.85 $ 8,813.83 0.13397 $ 1,180.79
--------------------------------------------------------------------------------------------------------------------
COL 14 $ 75,000 1 20 0.965 72375 $10,856.25 0.13397 $ 1,454.41
--------------------------------------------------------------------------------------------------------------------
COL 17 $ 89,908 1 20 0.965 86761.22 $13,014.18 0.13397 $ 1,743.51
--------------------------------------------------------------------------------------------------------------------
FLO 08 $ 75,000 1 20 0.965 72375 $14,475.00 0.0515 $ 745.46
--------------------------------------------------------------------------------------------------------------------
GAD 2 $ 75,000 1 20 0.965 72375 $14,475.00 0.0515 $ 745.46
--------------------------------------------------------------------------------------------------------------------
GREEN 01 $ 89,908 1 20 0.965 86761.22 $13,014.18 0.15788 $ 2,054.68
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------
GREEN 06 $89,908 1 20 0.965 86761.22 $13,014.18 0.15788 $ 2,054.68
--------------------------------------------------------------------------------------------------------------------
GREEN 09 $89,908 1 20 0.965 58758.85 $ 8,813.83 0.15788 $ 1,391.53
--------------------------------------------------------------------------------------------------------------------
GREEN 10 $60,890 1 20 0.965 72375 $10,856.25 0.15788 $ 1,713.98
--------------------------------------------------------------------------------------------------------------------
LC 24 $75,000 1 20 0.965 72375 $10,856.25 0.15 $ 1,628.44
--------------------------------------------------------------------------------------------------------------------
LC 25 $75,000 1 20 0.965 72375 $10,856.25 0.15 $ 1,628.44
--------------------------------------------------------------------------------------------------------------------
MBL 5 $75,000 1 20 0.965 72375 $14,475.00 0.0515 $ 745.46
--------------------------------------------------------------------------------------------------------------------
MCC 13 $75,000 1 20 0.965 72375 $10,856.25 0.14 $ 1,519.88
--------------------------------------------------------------------------------------------------------------------
MEM 04 $75,000 1 20 0.965 72375 $10,856.25 0.14 $ 1,519.88
--------------------------------------------------------------------------------------------------------------------
MER 3 $75,000 1 20 0.965 72375 $10,856.25 0.14 $ 1,519.88
--------------------------------------------------------------------------------------------------------------------
MER 11 $75,000 1 20 0.965 86761.22 $17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
MER 17 $89,908 1 20 0.965 72375 $10,856.25 0.14 $ 1,519.88
--------------------------------------------------------------------------------------------------------------------
MER 19 $75,000 1 20 0.965 86761.22 $13,014.18 0.14 $ 1,821.99
--------------------------------------------------------------------------------------------------------------------
MON 20 $89,908 1 20 0.965 72375 $10,856.25 0.12 $ 1,302.75
--------------------------------------------------------------------------------------------------------------------
NASH 04 $75,000 1 20 0.965 86761.22 $26,028.37 0.0465 $ 1,210.32
--------------------------------------------------------------------------------------------------------------------
PEN 12 $89,908 1 20 0.965 72375 $72,375.00 .018802 $ 1,360.79
--------------------------------------------------------------------------------------------------------------------
PEN 16 $75,000 1 20 0.965 72375 $72,375.00 .018802 $ 1,360.79
--------------------------------------------------------------------------------------------------------------------
PEN 33 $75,000 1 20 0.965 72375 $72,375.00 .018802 $ 1,360.79
--------------------------------------------------------------------------------------------------------------------
TUP 04 $75,000 1 20 0.965 86761.22 $13,014.18 0.14 $ 1,821.99
--------------------------------------------------------------------------------------------------------------------
TUSC 09 $89,908 1 20 0.965 72375 $14,475.00 0.0515 $ 745.46
--------------------------------------------------------------------------------------------------------------------
TUSC 17 $75,000 1 20 0.965 86761.22 $17,352.24 0.0515 $ 893.64
--------------------------------------------------------------------------------------------------------------------
TUSC 20 $89,908 1 20 0.965 58758.85 $11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
TUSC 23 $60,890 1 20 0.965 58758.85 $11,751.77 0.0515 $ 605.22
--------------------------------------------------------------------------------------------------------------------
VICK 6 $60,890 1 20 0.965 58758.85 $ 8,813.83 0.14 $ 1,233.94
--------------------------------------------------------------------------------------------------------------------
$52,256.71
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Schedule 5.14
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------
UNDER CONSTRUCTION
----------------------------------------------------------------------------------------------------------------------------
Site # BTA BTA # Location Name E-911 Address City ST ZIP
----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
BIRM 10 Chilton Counties 44 Rockford
----------------------------------------------------------------------------------------------------------------------------
BIRM 11 Chilton Counties 44 Weoka Rt. 1, Box 72 Rockford AL 35136
----------------------------------------------------------------------------------------------------------------------------
BIRM 12 Chilton Counties 44 Goodwater Rt. 3, Box 128-H Goodwater AL 35072
----------------------------------------------------------------------------------------------------------------------------
BIRM 13 Chilton Counties 44 Kellyton US Hwy 280 Kellyton AL 35089
----------------------------------------------------------------------------------------------------------------------------
BIRM 17 Chilton Counties 44 Gold Ridge 3617 M.L. King St. Camp Hill AL 36850
----------------------------------------------------------------------------------------------------------------------------
COL 06 Columbus 94 Shuqualak 67 Running Water Rd. Shuqualak MS 39361
----------------------------------------------------------------------------------------------------------------------------
COL 07 Columbus 94 Columbus AFB 10917 Hwy 45 North Columbus MS 39705
----------------------------------------------------------------------------------------------------------------------------
GREEN 09 Greenville 175 McCarley MS
----------------------------------------------------------------------------------------------------------------------------
HSP 20 Hot Springs 193 Albert 103 Doris Court Hot Springs AR 71913
----------------------------------------------------------------------------------------------------------------------------
MCC 13 McComb 269 Chatawa 1132 Nolan Felder road Magnolia MS 39652
----------------------------------------------------------------------------------------------------------------------------
MER 3 Meridian 292 WOKK 10516 Waters Road Meridian MS 39307
----------------------------------------------------------------------------------------------------------------------------
MER 16 Meridian 292 Coatopa 410 Sumter 25 Coatopa AL 35470
----------------------------------------------------------------------------------------------------------------------------
MER 20 Meridian 292 Meridian Station 9065 North Hwy. 45 Meridian MS 39302
----------------------------------------------------------------------------------------------------------------------------
MER 21 Meridian 292 Marion 7689A Hwy 45 North Meridian MS 39305
----------------------------------------------------------------------------------------------------------------------------
TUSC 20 Tuscaloosa 450 McShane Hwy 82 Millpost AL 35576
----------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------
PENDING
----------------------------------------------------------------------------------------------------------------------------
Site # BTA BTA # Location Name E-911 Address City ST ZIP
----------------------------------------------------------------------------------------------------------------------------
FLO 08 Florence 146 Littleville 234 Huckleberry Lane Tuscumbia AL 35674
----------------------------------------------------------------------------------------------------------------------------
HUNT 15 Huntsville 198 Mount Carmel 971 Loper Lane Guntersville AL 35976
----------------------------------------------------------------------------------------------------------------------------
PENS 33 Pensacola 343 Bayou Chico 651 Edgecliff Drive Pensacola FL 32506
----------------------------------------------------------------------------------------------------------------------------
SLM 1 Selma 415 S. Browns 23015 US Hwy 80 West Marion Junction AL 36759
----------------------------------------------------------------------------------------------------------------------------
TUSC 20 Tuscaloosa 450 McShane Hwy 82 Millpost AL 35576
----------------------------------------------------------------------------------------------------------------------------
VICK 5 Vicksburg 455 US 61 - Yokena Vicksburg MS
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
