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76- 000.753, <br /> OPTION AGREEMENT <br /> 'CONESTOGA MALL OF NEBRASKA, INC. , with the consent of <br /> CONESTOGA:MALL OF "GRAND.ISLAND, a limited partnership, for an • <br /> d <br /> in consideration of the sum of One ($1.00) Dollar and other good <br /> and valuable,considerationthe receipt and sufficiency of which <br /> are acknowledged hereby, hereby grants to TEACHERS INSURANCE AND <br /> ANNUITY ASSOCIATION OF AMERICA, or its nominee, the option to <br /> purchase on or before the close of business, April 30, 1976, all <br /> of the right, title and interest of CONESTOGA MALL OF NEBRASKA, <br /> tv INC. in and to Conestoga Mall Shopping Center more particularly <br /> described-as: <br /> The East 1/2 of the Southeast .1/4 except the Westerly <br /> 75.0 feet thereof, and except the North 1/2 of the <br /> 11. North 1/2 of the East 1/2 of the Southeast 1/4, all <br /> in Section 12, Township 11 North, Range 10 West of <br /> the 6th P.M. , Hall County, Nebraska. • <br /> including, without limitation, all of its right, title and interest <br /> '' in and to a certain leasehold estate created by a Lease between <br /> Fred F. Mehring and Helen M. Mehring dated December 7, 1971, as <br /> amended January 26, 1973 and December 1, 1974, as well as all of . <br /> its right, title and interest in and to certain subleases affecting <br /> said property as more particularly described in a certain Assignment <br /> y ofLessors Interest in Leases given by the said Conestoga to <br /> Teachers Insurance and Annuity Association of America on December <br /> 17, 1974, and recorded on December 18, 1974 in Book 27, at Page 273, <br /> Miscellaneous Records, Hall County, Nebraska, as well as certain <br /> other leases entered into since that date affecting said shopping <br />$; center, as well as all of its right, title and interest in the <br /> '' buildings and improvements on said <br />�7 g P-' property and all personal property <br /> It used in connection with the operation of said shopping center for a <br /># purchase price as more particularly described in a certain letter <br /> agreement of even date herewith entered into between Conestoga Mall <br /> of`Nebraska, Inc. and Teachers Insurance and Annuity Association of <br /> America. Conestoga agrees that during the period of this option, <br /> leases shall not be executed and Conestoga shall not undertake any <br /> leasehold improvements, the cost of which shall exceed $1,000.00 <br /> without the prior written consent of Teachers Insurance and Annuity <br /> Association. <br /> yl` Dated: February 7 , 1976. <br /> CONESTOGA MALL OF NEBRASKA, INC. <br /> z lr� <br /> BY: 74 - /.;/ <br /> BY: <br /> WITH THE CONSENT OF: <br /> Si <br /> CONESTOGA MALL OF GRAND ISLAND <br /> ; a Limited Partnership <br /> •) - � <br /> BY: -/,;i _ C( <br /> • BY <br /> a <br /> ;i' <br /> • <br />