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:'� � l L l�i� _ �o�� o� ��v� This agi�eme.� is ent� into by and beiv�eas 7e�ne williema, a singte p�n, of G� Island, Nebraska, hereinafter refia�d �o as "Selle�' a�sl I�ore�ao D Vazqt� a�e pe�soq of Gtand Islaatd, Nebraska, hete� referred to as "Va�qvez"; and And�ew 1VI Molasbn, a single �erson, of Ci�d Island, Nebraska, hereina� ��o as `�Yobaha' : WHEREAS Selleaistheowneaofreat�atel�lpdesc�'ixdastheSonth696.SoftlneWest �eThirdofLvt One, Windolph's 3ubdivi�on endt��te,tOneThirdof�,otOneof Wint�olph's 5ubdivision of Gfrand Island, Hall County, Nebresks; end �VHEREAS Yazquezis d�irous ofp�gtheSonthSS5.5' ofboththe W�t OneTlm�d ofLotOne aswell as the 696.5' ofthe C�ter�ThiedofLot�eof'�►'ffidolph's Subdivision; and 20120"7270 WFIEREASA�Iolzal�nisdesirousofpurehesing�aeNorth211'afY�eCemteaO�tel7urdofi.ot � Ona of Windolph's Snbdivision; and � �� P�P�Y �P �th zaniag r�tridions as imposed by the City of (3rand IslendandtheRegionalPl�nin�gBoattilitisnecessarybs ac�bdividesaidp�+ape�tyinordeatoP�P�lY divide the lots in ac�rdaace with the iateat of 4he Sell� and Buye�s; and , . .; . � . ,,. . WI�REA3 �e partie� h�eto desire to provide Vazqaez withtheuge ofthe �uth 696.5' of , <. the Cente�OueTh�d ofL.ot �ne of Wiadolph'a Sat�livisianpen�ngfmaliz�tionof�d subd�vi�on or in pezpetuity if such subdivision is not agproveci. ,� . . _ . ,_ _ ___ _ NOW:TI�E�tEFORE in mutual coa�deistion �the �le ofreai e�te by the buyer. to wch �azquez an��o� me pazn� � a� a��,a:.:=- i. Molzabnw�l �titleofthe CentaOneT'6irdoflotOne Windolnh's Subdivisionat ttie time of closing scheduled far Octobea 30, 2Q�. 2. Vazqnez �e�l obtaia title to the South 636.5' of the �Ves�ly One Thifld of Lot Oae windolph's Subdivision at the time of closing sch�ui� for �a� 13, 2009. 3. Sell� will gr�nt to �'a�uez a peagetual e�ent far the n� of the South 69b.5' of the Cente�r Oae Third of Lot One Windolph's Svbdivision. : .. 4. Uponacxepl�cseofthesubdivisiam�off�treree��ateinvolviag�WestedlyOne�irdand Center One Third of Lot One Wiadolph's 3nbdivision, tog�� wlth o� edjoining propeaty, Molaal0ni agrees to tr�asfer ownership of the Sonth 596.5 in full to Vazqu�. 5, C�aould the subdivision fa� to be acxepted, Vezqu� and Rgolza�m sgoee tbat the Co�mty A�essoi ahRll be diteCted to separate the tax liability' BssoCiated witti me i:e,n� vne Y�trct v� x�►► Oae Windolph's Subdivisioa to refledthat Molza�m shallberespo�bleonlyfostl�North211' of said lot and the tax re�an�bility for the Sauthern 696.5 0£ the Ceaber Oae T'hird of Lot O� of windolph's snbdivision shall be the respons�bility of vazqu�. 6. Ti�is-a�eement sl9all ad as an �d� tb the respective p�ur�sse ag�r�ents �t�d into bdw� the Sel�a and Vazqnez end the SeSle,r snd Molzahn. % �� , r. _ -� 0 e � � � � �es. ' r � ........... .._ ... r..----, - -.