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� � � �$_ UU1�J53 . CORPORATION WARRANTY DEED The Grantor. , H & H LANID CO. , a cornoration organized and existing � under and by vi;tue of the laws of the State of Nebraska in consic?eration of Seventy-nine Thousand and No/100 Dollars ($79,000.00) received from Grantee, does grant, bargain, sell, convey and conf.irm unto IIOPPE LLttdBER ' CO. , a Nebraska corporation, herein called the Grantee, the followina described real property in Hall County, Nebraska: r ' A11 of Lot Two (2) and the northerly One Hundred Two and Five Tenths (102.5) feet of Lot One (1) in Block Fifty-nine (59) , ' Original Town, now City of rrand Island, , Hall County, Nebraska. TO HAVE AND TO HOLD the above described t�remises together w3th all tenements, hereditaments and appurtenances thereto belonging unto the Grantee and to Grantee's successors and assigns forever. And the Grantor for itself and its successors does hereby covenant ' with the Grantee and with Grantee's successors and assigns that Grantor is lawfully seized of said premises; that they are free from encumbrance; that Grantor has good right and lawful authority to convey the same; and that Grantor warrants and will defend the title to said premises aqainst the lawful cZaims of all persons whosoever. As further consideration f_or the payment of_ the purchase price of • this real estate, Grantor does hereby grant unto Grantee as a covenant to . the real estate deeded hereby the following right of first refusal: (1) This right of first refusal shall be void and of_ no legal effect whatsoever if. the purchase money note and mortgage executed of even date herewith by Grantee are not timely satisfied without delinquency or default. � (2) This right of first refusal is that if Grantor desires to separate the ownership of the Southerly Twentv- nine anfl one-half (29�) feet of Lot One (1) , Block Fifty- nine (59) , Oriqinal Town, now City of Grand Island from . the ownershiv of. Lots Seven (7) and Eight (8) in that same Block, and i� Grantor obtains a sec�arate bona fide offer for the Southerly Twenty-nine and one-half (29'�) feet of. the said Lot One (1) prior to accentina that offer, Grantor shall offer, in writing to the Grantee herein, tlie right to purchase the Southerly Twenty-nine and one- half (29'-f) feet of_ said Lot One (1) for the same orice a �d on the same terms as the bona .fide offer o.f purchase. Grantee may accept said offer, if at all, only by written document of acceptance delivered to Grantor within four- teen (14) days after Grantee's receipt of the written offer to sell. (3) The written offer and written acceotance may be delivered personally and proved by the sianed receipt of the receiver thereof, in which case they are e£fec- tive on the day of delivery, or may be sent by mail or by commercial delivery system, in which event .=he offer shall be e£fective on the date of the receiat of the recei�er and the acceptance shall be effective only if actually received by Grantor, but for the nurpose of determining the timeliness thereof it shall be timely if mailed or deposited for delivery with the commercial delivery system on or before the fourteenth ti (14th) day after receiot by c;rantee of the of.fer. (4) If and when ttzere has been £ull comc>liance with �� ,V �` the foregoing terms of this right of �irst refusal, time � be�ing of the r: .,ence, the sale shall be closed upon the , date and in accord with the terms of the offer and accep- � . tance, includi_ng the .form of deed and title nrovisions �.r.; • • set forth therFin. . " .. " „�,� EJCHIF3IT •�(••� -1- �