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201501818
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Last modified
4/14/2015 12:08:02 PM
Creation date
3/27/2015 9:01:56 AM
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DEEDS
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201501818
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With copy to: John Q. Bachman, Esq. <br />Pansing Hogan Ernst & Bachman LLP <br />10250 Regency Circle, Suite 300 <br />Omaha, Nebraska 68114 <br />To Owner: <br />Raile Investments, LLC <br />901 West Second Street <br />Grand Island, Nebraska 68801 <br />Attention: William D. Raile, Member <br />With copy to: Ronald S. Depue <br />Shamberg, Wolf, McDermott & Depue <br />308 North Locust Street, Suite 501 <br />Grand Island, Nebraska 68801 <br />201501818 <br />B. The provisions of this Agreement are not intended to create, nor <br />shall they in any way be interpreted to create, a joint venture, a partnership, or any <br />other similar relationship between the parties. <br />C. The captions heading the various paragraphs of this Agreement are <br />for convenience and identification only, and shall not be deemed to limit or define <br />the contents of their respective paragraphs. <br />D. This Agreement, and all of its exhibits and incorporated <br />documents, constitutes the entire integrated agreement between Owner and <br />Developer relating to the items described herein, and supersedes all prior <br />negotiations, representations, understandings and agreements, either written or <br />oral. <br />E. This Agreement shall be interpreted according to Nebraska law. <br />The invalidity of any provision of this Agreement shall not affect the remaining <br />provisions. One or more waivers of a default shall not be deemed a waiver of a <br />later default. <br />F. In the event Developer does not respond to Owner's written <br />requests for approvals or consents of Developer as required by this Agreement, <br />within thirty (30) days of the effective date of delivery to Developer of such <br />Owner's written request, such request shall be deemed approved. <br />G. This Agreement shall be binding on and inure to the benefit of the <br />Parties and their successors and assigns. The obligations of Owner under this <br />Agreement shall be deemed covenants running with the land and shall bind the <br />Property, and every owner acquiring an interest in the Property, in perpetuity. <br />The Owner acknowledges that the execution and delivery of this Agreement was a <br />material inducement to and consideration for Developer's conveyance of the <br />Property to Owner. <br />7 <br />
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