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LOCAL POLITICAL SUBDIVISION ACQUISITION CONTRACT <br />TEMPORARY EASEMENT - CORPORATION <br />Copies to: <br />1. Right of Way Division, Nebraska Department of Roads Project No.: Lift Station No. 20 <br />2, Owner Control No.: <br />3. Buyer Tract No.: 1 <br />STATE OF NEBRASKA <br />TEMPORARY EASEMENT <br />SEE ATTACHED EXHIBIT "A" <br />201701997 <br />THIS CONTRACT, made and entered into this 4' day of F47.6 e.11..A -I0.4 ,,2017 <br />by and between TITAN M INC., a Delaware Corporation <br />organized and existing under and by virtue of the laws of the State of Delaware <br />Address: 3721 Wit U.S. Highway 2. Grand Island. NE 68803 <br />hereinafter called the OWNER, and CITY OF GRAND ISLAND, NEBRASKA, hereinafter called the BUYER. <br />WITNESSETH: In consideration of the payment or payments as specified below, the OWNER hereby grants <br />to the BUYER a Temporary Easement to certain real estate described in: <br />It is understood that the easement area(s) may be used for the temporary relocation of utilities during the <br />construction of the project. <br />The BUYER agrees to purchase the above described Temporary Easement(s) and to pay, therefore, upon <br />the delivery of said executed Temporary Easement(s). If the OWNER so desires, they shall have the right to <br />receive 100% of the final payments due under this contract prior to vacating the premises being acquired. <br />Approximately 0.25 acres at $ 27,500.00 per acre x 10% $ 690.00 ® <br />Approximately acres at $ per acre <br />Approximately acres at $ per acre <br />Moving and replacing approximately rods of fence at $ per rod $ <br />Moving and replacing approximately rods of fence at $ per rod $ <br />Other Damages: $ <br />TOTAL $ 690.00 <br />k is agreed and understood that the BUYER Is hereby granted an immediate right of entry upon the premises <br />described above. <br />The above payments shall cover all damages caused by the establishment and construction of the above <br />project except for CROP DAMAGE, if any, which will be paid for In an amount based on the, yield from the balance <br />of the field Tess expenses of marketing and harvesting. CROP DAMAGE shall mean damage to such crops as <br />are required to be planted annually and which were planted at the time of the signing of this contract and which <br />are actually damaged due to construction of thls project, but In no case shall damages be paid for more than one <br />year's crop. The OWNER agrees to make a reasonable attempt to harvest any crop so as to mitigate the crop <br />damage. <br />If any other party shall hold any encumbrance against the aforementioned property at the time of delivery of <br />the aforementioned property, such payments as are due under this contract shall be made to the OWNER jointly <br />with the party or parties holding such encumbrance, unless said party or parties holding such encumbrance shall <br />have In writing waived their right to receive such payment. <br />Expenses for partial release of mortgages will be paid by the BUYER, if required. <br />This contract shall be binding on both parties as soon as It Is executed by both parties, but should none of <br />the above real estate be required, this contract shall terminate upon "the payment of $10.1)0 by the BUYER to the <br />OWNER. <br />This contract may be executed in more than one copy, each copy of which, however, shall serve as an <br />original for all purposes, but all copies shall constitute but one and the same contract. <br />