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<br /> WERMAIV LAU?ENSCHtAGER, I'it'.1'C11�:+'f1:C1' k110k�n as "�'ia^st
<br /> Part��", has offered to se17 to the �ity of Wood River, 1ia11
<br /> County, tVebraska, lierednafter known as the "Second Faa�ty", rh�
<br /> following desrribed 'property, to-'w`at;
<br />� ' A tract nf lanrl lUcai:ed 7n 1:he Northwest cormer
<br /> od' t'he S�o�u�:h�wes�'t Q�ua'rt�er �of the S��u't'h�e�ast 'l��uart�e�r
<br />� (SW�SE�) of Sec'ttion Cighteen (18), Tawnship 7en
<br />� ; (10) Nort'h, Range Eleven jlij N�est of the 6th
<br /> P.M , irr �4a�1 'Cou-nt��, Neb.raska, mure particvlarly
<br /> � d�e�s�cr�'b�e�d as -`�o�lbw�s�; 6�e�gi�nn7�•n�g �at t�h�e .Nor�t�h��wes'Y � ��:���
<br /> �N'Wj corner of said South+�est �Quarter �of t!�e
<br />- So�u�:heast Quarter^ ISW�SE�S); 'then �runm6ng Eas�teray
<br /> 3d feeL ulong and vpon the Nort'h 1Sne uf said
<br /> 5outhwest Q4a,rter of the Southeas�t Q�ua•rter ('Sli'�
<br /> ,:.;
<br /> S'E�) to 'the actua'I poiait of ]aeginnii�g; then
<br /> � continving Eas�terly 247.5 fee� alo-ng ar,d ;,pon
<br /> - the North line of said Southwest Quarter of tt�e
<br /> Southeasi: Quarter (SWaSE:�); thence deflecting
<br /> right '90 de;grees and runniny 176 feet Soutls�rly; � .
<br /> �the�nce deflectd:ng rag�it 90 d�grees amd ru�nimg
<br />; 24-).'S feet l�est�erly; thence defaectSng right
<br /> 90 degrees and r•unr,ing 17b feet Nort�Merly �o
<br /> ti�e actuat p•�iyii of begi�ining coi�'taaniirg 4�;55'0 ;
<br />.�:,• : square �'e�t {1 atre), , ,; � ;
<br /> �
<br /> s�u�bjec2 �o 'the fo]lowiiag te�rms and condittio�ns, to-wit:
<br /> ;(a) Purchas� price of the descra'bed premises and
<br /> ', �ase�nent rfig;fi�ts sha1� :be the svm of EIGHT ?��3ll5�t�0 AN� A0�100 `
<br /> ',i ni�1.LARS ��g,0'D�,OJ) to be pai� in cash to t'he �al^st 'Party , ;`
<br /> by t�e S�caa�d Part�� on oy� befida•e Ay�ri� 21, 1976,
<br /> � � � {2,)� fi�M�� SQ��o�� P�a�'ty cov�e�na�n�ts and aare�s to �e�^e2t � � �� s � �
<br /> , and .maa�,ta3n a permanent fe�+cE aruund the above descrabed tract �
<br /> ;: ant� buii� and maiiitain a:n access road into t�e propert.y, but „ ,
<br /> ;' agrees to h�ve the we11 aperative w-hic.h is loc�ted ajacent to
<br /> � t��e parcea o# a and aa�•d to further hook �r.p sewaqe faci i i taes to
<br />• � tt,� ter�ant I�ause located ar� the So�th Na1# of the SoutMeast
<br /> C�uart�a� (S'�5���) set forth morc fulty above.
<br /> (3j Pnssession data shall Ue an o�• be�'ore Aprit �1 .
<br /> a9Jb.
<br /> (C) 7he First Pa�^Ly agrees to fua-nish a Warra�it,y
<br /> ��ezl together w�tia aaa Abstra�ct of 'f�Lle showing mark�'tab9e �titl�
<br /> tn the ftix�st ParLy.
<br /> (Sj Tt as stipu1ated beti+re�n thP Part4es that tla�s
<br /> �rb�er'ty s�a�t be u�e�d in su�fi man�er tlaat i t wi i� not ca�ea#��
<br /> '{ a n�isance nar ampair the p�eac�eable use of t1�e l�alanc� �f the
<br /> :; �rbpe,rty not co�ea•ed by t�is Contra+ct �"r,r �ate c�f' 'R�ea1 Estat�
<br /> th�rea7a.
<br /> ��.� C.onveyance of title to the above �remi�e� slaaa�
<br />� : � ��b� by g�pd��aaad suffi�cien�� Warra�nty 13���e�, tb �e d��av�er�e�d by� �
<br /> � �iae F'arsa; �'arty to the Se�ond Party w�tl�y� a �eraod tfl be based
<br /> � v�na� Secnnd. Party examain�ng th� Abstract ta the �a•ap�r�y a��
<br />,�� d�L�er�nin�r�g t�rat the pr��erty is fia�e�-ar,d tl�ar �of ea�cramo�a�ces: '�~. � ' r4,:
<br /> .�.
<br /> ,a If tfie exami�at�on of nr cae�r�n �t�e tit�e- to the des•�'��b��i { r �Y"r�
<br /> . . �. � �.'.. TiY ��.
<br /> pa�+�r�as�e5 caus�3 snme delay, th� tam� f+or d��9very o�' t'he 'beer�
<br /> ,� s��ad 1 'be ext�n�3�d �or a �^Qas�nabiL �eriod uf time. �
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