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201508740
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Last modified
5/17/2016 12:56:36 PM
Creation date
12/28/2015 2:53:59 PM
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DEEDS
Inst Number
201508740
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• <br />AGREEMENT <br />20/508740 <br />This Agreement is made and entered into this 30 day of October, 2015 by and between <br />Patty Jo Cummings, Lynn Drudge, Rhonda Longenecker, and Jodie Soto, hereinafter referred to <br />as "Sellers ", and Doyle Jantzi, of Hall County, Nebraska, hereinafter referred to as "Buyer ". <br />WITNESSETH: <br />The Sellers are the owners of a tract of land consisting of 5.56 acres, more or less, all as <br />more particularly described on Exhibit A attached hereto and incorporated herein by this <br />reference; and <br />WHEREAS, the Sellers desire to convey to Buyer the property described on Exhibit A, <br />and in return therefore, will be allowed to have use of an irrigation well situated on land owned <br />by Buyer on real estate described on Exhibit B attached hereto and incorporated herein by this <br />reference. <br />NOW, THEREFORE, in consideration of the foregoing, the parties hereto agree as <br />follows: <br />1. Incorporation of Recitals. Recitals above made are incorporated into the body of this <br />agreement and are made a material part hereof by this reference. <br />2. Trade of Real Estate for Well Usage. Sellers hereby convey to Buyer the real estate <br />described on Exhibit A, and Buyer, in return therefore, shall allow the Sellers use of an irrigation <br />well located on Exhibit B attached hereto. <br />3. Maintenance of Well: Whichever party, or a party's successor, who is using the well shall <br />be responsible for well maintenance and repair. <br />4. Public Record. This Agreement shall be indexed against the legal descriptions to the <br />tracts of real estate shown on Exhibit A and Exhibit B, and the Sellers shall have use of the <br />irrigation well located on Buyers property for the life of the well casing. The parties agree that <br />upon expiration of the term (i.e. either by abandonment or by obsolescence or replacement of the <br />well casing) the parties agree to sign a document indicating said fact, releasing the license that <br />the Sellers have on the use of Buyers well, and index the same against the legal description of the <br />real estate. <br />5. Binding Effects. This Agreement shall be binding upon the parties hereto and their <br />respective successors and assigns. <br />
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