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<br /> . CORPORATZ.ON WARRANTY DEED
<br /> IGrantor, IrUTHERAN HQSPITALS AND HOMES SOCIETY OF AMERICP„ A
<br /> NONPR,OFIT CORPORATiON, with its principal of£ice in Fa.rgo, North
<br /> Dakata (also known, and taking title to real estate, as Lutheran
<br /> Hospa:tals and I#omes Society of America, Inc. , of Fargo, Nort,h Dakota) ,
<br /> arganized and existin.g under and by virtue o€ the laws of tl�e State
<br />' of North Dakota, s.n consideration of FTF*TY THOUSAND DOLT,ARS fS50,000.00}
<br /> receive.d from Gr�ntees, JAX C. STODDARz7 and CLARENC� E, RITCHTE, as
<br /> tenants in eommon, grants, bargains, seils, conveys, transfers arYd
<br /> confirms unto Gran�ees, Jay C. �toaaara ar7d C3.arerYCe E. Ritchie, as
<br /> tenants in common, the fo3iowinq descxibed real esta�e in HaZ2 G�unty,
<br /> Nebraskaa
<br /> Lots Four (4), Five (5), Six (6) , Severs (7) and �ight
<br /> (8) , i.n Medic.ai Park Third Subdivision to the City of
<br /> Grand Ssland, Ha11 County, Ne.braska, as surveyed,
<br /> p]:atted and recorded.
<br /> TO HAi7E P;ND TO HOLD the premises together with a11 tene-ments,
<br /> hareditaments and appurtenances thexeto belonging u�rto Grantees,
<br /> Jay C. Stoddard �nd Clarence E. Ritchie, as tex�anfis in common, and
<br /> their re:spective heirs, personal representatives and assiqns.
<br /> Grantor, for itself and its su;ccessors, ao�+enants with Grantees
<br /> and Grantees' respective heirs axid, assignsc
<br /> 1_ Grantor is lawfully seised of the premises.
<br /> 2. T.he pxemises are free from encvmbrance_
<br /> 3. The premises are conveyed subject to covenants, conditions,
<br /> restrictions, reservations and easements of record.
<br /> 4. Grantor has good right and lawful authority to coavey the premises.
<br /> 5. Grantor warrants and will defend the title to the premises against
<br /> the lawful claims of all persons whomsoever. -
<br /> The premises are conveyed subject to the following express
<br /> restrictioas and conditions agreed to by Grantees by acceptance of
<br /> delivery of this Deed:
<br /> 1. The premises are not to be used for an abortion or quick-surgery
<br /> clinic.
<br /> 2. The premises are to be used only Por the location of offices or
<br /> clinics for the pro£essional practice of inedicine and surgery by
<br /> physicians and the professional practice of dentistry by dentists,
<br /> duly licensed by the State of Nebraska.
<br /> 3. Grantees and their respective heirs, assigns and successors in
<br /> interest are prcY±ibited from selling any lot, lots or parts of lots
<br /> for a consideration greater than the pro rata purchase price of
<br /> each lot or fraction of a lot represented by the consideration
<br /> shown in this Deed computed on a square-footage basis, plus Grantees' y`
<br /> expense for development of the lots, excluding any expense incurred .�
<br /> for construction of buildings_ " . __ -
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<br /> 4. The express restrictions and conditions in this Deed may be enforced I �`
<br /> • ' by Grantor or by the,owner or owners of any other lot or lots
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<br /> NEBRASKA DL�CUA�EiVTARY I $
<br /> STRPl=.r�TAX � -�'
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