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--- ._ 1 � <br /> I <br /> t <br /> �- ��.0041c► <br /> � prn�erty; Pithe.r before or aftPr thP c�xPrci_se of th�s o�+t?on, <br /> � Buyer shall have the right to declare this op�ion to be void and <br /> Seller shall xeturn to Buyer any paymentg made under this Option <br /> � <br /> for Purchase of Real Estate. <br /> 24. Action By Seller. Before or after the exercise of this <br /> option, Seller agrees to take all action requested by Buyer that <br /> ; is reasonabl}� necessary for Buyer to cauae the real property to <br /> be suitable for the Buyer's proposed use of the real property. <br /> Buyer shall pay directly or reimburse Seller for all expenses <br /> � incurred at the request of Buyer in causing the real pxopexty to <br /> ; be suitable for the Buyer's proposed use of the real property. <br /> ! 25. Condemnation. In the event that any part of the real <br /> �� prAperty is acquired by a political subdivision or public agency <br /> by eminent domain, any proceeds payable for such taking shall be <br /> � applied to reduction of the principal owing on the promissory <br /> � note described in paragraph 2 hereof. <br /> , �6. Notices. If any written notice is required to be given � <br /> : to either party, such notice shall be considered sufficiently <br /> given if deposited in the United State Mail, postage prepaid, <br /> . addressed to the parties as follows: - <br /> . - .� <br /> � Seller: 615 North Elm Street . <br /> � Grand Island, NE 68801 <br /> � � <br /> - . Huyer.: Wheeler at First Sfreet --- - ---- . -+ <br /> P.O. Hox 790 <br /> � Grand Island, NE 68802 - <br /> 27. Binding Effect. This Option for Purchase of Rea1 <br /> Estate is binding upon the parties hereto and upon their <br /> , respective successors and assigns. <br /> � <br /> � <br /> — HALL COUNTY SCHOOL DISTRICT NO. 2 <br /> ' of Grand Island, Nebraska <br /> By .�� � .�: <br /> .� <br /> � "Seller" � i: <br /> �F <br /> COLLEGE PARK AT GRAND ISLAND, A .__� <br /> Nebraska Nonprofit Corporation <br /> . . <br /> � <br /> - / /' .�� <br /> By T/ (� <br /> "Buyer" <br /> � <br /> -6- �__ _- _ _ <br /> �° , : <br /> _ - -- - � - <br /> _ ' f <br /> !� � � � <br /> � <br /> � <br /> . , <br />. __ �' � <br /> ._N' �..� � <br /> �.7 /�. <br /> w��: <br /> ���'� Y <br /> :v:.'E 1, <br /> �i �:ri <br />