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201708511
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Last modified
12/9/2019 6:36:25 PM
Creation date
12/14/2017 3:48:27 PM
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DEEDS
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201708511
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STATE OF NEBRASKA <br />LOCAL POLITICAL SUBDIVISION ACQUISITION CONTRACT <br />TEMPORARY EASEMENT - LIMITED LIABILITY COMPANY <br />Copies to: <br />1. Right of Way Division, Nebraska Department of Roads <br />2. Owner <br />3. Buyer <br />THIS CONTRACT, made and entered into this 4 7 - 74 day of Az t' vrBev . 2017, <br />by and between, L & P INVESTMENTS, L.L.C., a Nebraska Limited Liability Company <br />organized and existing under and by virtue of the laws of the State of NEBRASKA <br />Address: 429 Industrial Lane, Grand Island, Nebraska 68803 <br />hereinafter called the OWNER, and the CITY OF GRAND ISLAND, NEBRASKA, hereinafter called the BUYER. <br />TEMPORARY EASEMENT <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 />SEE ATTACHED EXHIBIT "A" <br />Project No.: 2017 -S -3 <br />Control No.: N/A <br />Tract No.: 31 <br />201708511 <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 sq. ft. at $ per sq. ft. x 10% <br />Approximately 10,103 sq. ft. at $ 0.13 per sq. ft. <br />Approximately sq. ft. at $ per sq. ft. $ <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 />Expenses for partial release of mortgages will be paid by the BUYER, if required. <br />$ 1,320.006 <br />TOTAL $ 1,320.00 <br />It 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 less 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 this 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 />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 $10.00 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 />
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