|
��14�7343
<br /> �
<br /> _
<br /> �
<br /> DECL�R�T��N �F C�VENANTS, CDNC�ITI�NS,, A�ID �ESTR��TI��S �
<br /> This aec arafion�f Covenar�ts�Condi��ons,and��st�i�#ions���"De�clar���n'}}is r�a�e th�s �� day�f
<br /> ��'I�,py P�aneer Hi-Br�d int�rnational,Ir��.,ar�lowa�orpara��on��he"Dec�aran�"}.
<br /> REC�TALS�:
<br /> R. De�iaran�o�+ns�and io�ated at 7�'[50 High�►ay 1�9, '��9�7.�. High�r�y�8�, 13oniphan, Nebra�ska and
<br /> has��e��ed�o���i a p��ian�f#he�an�and r�►Eshes�o pr`o�ect an�pr�serve�he va�ue snd usefu�nes�a�F
<br /> the��ma�ning iand a�wn�d�ar ac�u�ied by Decla�an#�f#er the sale.
<br /> B. Dec�arant waut� na� sei� the iand d�scr�h�d h�rein i�i�we�e n�t f�r#he �avenants, �an�iti�ns, and
<br /> Restric��ans r�hich sha��b��mpv��on said iand by�his De�f�rati�n.
<br /> N�]W, THEF�EF�]RE, Qeclaranf hereby�es�ablishes �he f�flo�►�ng ��o�enan�s, �andi�ons, ar�d Res�ric#ions an
<br /> �he land d�scribed here�n which �hall �e bindirEg �an al�awne�s, le�sees �r ac�upan��vf�ai� land a�we�l as
<br /> �h�i�successars in�n�e��and as��gns.
<br /> �. DE�CRtPTIDN �F THE LANI].
<br /> The �and wh�ch is.�ubjec����h�s C�ec�ara#ion is �e�a�ly�d�scri��d �n the atta�h�d Exhi�It"'A"whi�h is
<br /> �ne�rpora�ed�erein by reference{�he„Land"}.
<br /> �. R��HT C]F F1RST REFUS►4L.
<br /> So long as Dec�aranf or any of its Affliat�s ��rns, ap��rates,, �or lease� ��o�rty ad'a�en�t �a �he
<br /> Land, the Land �h�ll not be vff�red for s�ale v�a a real �stat� iisting �r�pr�vate tr�aty�withaut first
<br /> �ff��in� same �� �eclaran� upan deli�ery af a �hi�ty �34�� d�y w��t�en nat��, ����fie+d mail, return
<br /> recei�t reque�#ed, If�n u�sa�ici�ed �f�er �� p�rchase th� L�nd �s rr�a�e, �h��M fh� av�rn�er of the ¢
<br /> Land wish+es �o acc�pt, Dec�aran� shali ha�€� �he opportunity�a �purchase th� L�nd c� t�he same
<br /> terms an� c�anditians as affered by su.ch �hifd par�y u�on �del�v�ry of a� �hir�� �3�} day w�tten
<br /> nv�ice= ce�ifie�mai�,return r�cei�#reques�ed, �ubj�c��o the�xclus��ity Provis��on Qf F'ar�graph 3,
<br /> here`rn, !f Pion�er de�tines ta purchase the La�d at�he i�s# price�r th� amvun�o��h� un�olicited.
<br /> offer, �����s no�ex�rc�se its right�f�cst refusal o�,uring said �h�r�y���� +�ay p�riad, #hen fhe Land
<br /> may ae �ffered for sate t� a �hird �a�y, so l�ng as it �s �t ieas� 5��� af �he list price ar #h�
<br /> un�soli.c�t�d �f�er a�d,�if�ower t�an��°�af the iist price or�he u��atic�ted+vff��,then P�oneer wau��
<br /> be a[�owed tv cons�der making �n o�fer at�h� new lau�re� p����, upon d�f�ve.r� of a thirt����} day
<br /> �rr�tten noti�e, cer�i�ed mail, return rec�ip� reques�sd. �� �he Land �s ta b� s�id a� auc��an �h.en
<br /> Pi�neer shali be not�ied in�ri�i�g of the au�#ion a�leas#�h�r#y�3�} da�s prio�#a th� auctioR, and
<br /> P�one�r may hav� a ��pr�s�r�ta���e at�end �he auc�ivn and parti��pate in the norma� hid prvicess.
<br /> The righf af�rs�refusal v�ould n�t app�y �o� f�mily transf�rs, transf�rs to personal �ntit�es, es�a�e
<br /> plannin� �ran�fers, +estate fran�fers, etG. "Af�i��ates" sha�l mean any cor�p�rat�vn, f�m, �imited
<br /> I�ab�lity�ompany, partn�rship ar��h�r ent�ty�ha�direcfly Qr in�ire�tiy con�rols�ar is cQn���o�led by or
<br /> i$under�amman c�r���Q�rnri�h a Par�y�a this Agreem�nt.
<br /> 3. EX�LUSI►f�TY--SALE�R LEAS�TC)��N[P�T[TORS PR�3H1 B�TE�. �
<br /> SQ ��ng as Declarant ar any of i�s A�f�lia�es �Wvns, �ape�a�es, �r lease� prop�rty ad�ace�t ta the
<br /> Lan�, �he Land �hall not be s��d �r leased #o �r o�ccup�ed by �ny cQmpeti�o�-� or �ffiliat�s of �
<br /> cam �etftars of Q�cla�-ant inc�udin bu�nat�imit�d to Seeid Gan.sul�ants, In�:, �Cur �e�d, NuTe�h �
<br /> p � 9 �Y �
<br /> Seed, .Haegemeyer Seed,T�rra�S��d,A�lfe��ur�, Do��f�r's, 8urrus., B�eck�'s Hy��ds, Mansantv,
<br /> C��Kalb., �yng�nta, �arst, Deita Pine, Agrilia.nce, AgRilian�, Gozden Harvest, Pr�cision Seed,
<br /> Premier Seed G�oup, E]ei�a K�ng, Il�erschman Seeds, �I]ow a�ro Sci�ences, BASF� �ay�r� and
<br /> �n�eld 5v�u�ions. "Rff�[ia�es" shal� mean �ny c��poratian, ;�fr�ri, lim��ed �iab�lity c�mpany=
<br /> pa��nefship vr o�her entit��ha#dir�ctly or indicectly�on�rol�or is con�rolle�hy vr is under Common
<br /> c�ntr�l�wi�h a Par�y to t�is A�reement. �
<br /> �
<br /> E�HIBiT"B"
<br /> �..
<br />
|