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rn r) (-1 n v rrt0Z CD tnfl=/j cn 0) CI) Return To: Denise Myers P.O. Box 505 / Cairo, NE 68824 RIGHT OF FIRST REFUSAL Donald R. Gill and Laurel K. Gill, husband and wife, GRANTORS, in consideration of One Dollar ($1.00) and other good and valuable consideration, receipt of which is hereby acknowledged, grant and convey to Gill Farms, Inc., a Nebraska Corporation, GRANTEE, a Right of First Refusal on the following described real estate (as defined in Neb. Rev. Stat. Sec. 76-201) in Hall County, Nebraska: A tract of land in the West Half of the Northwest Quarter (W1/2NW1/4) of Section Four (4), Township Ten (10) North, Range Twelve (12) West of the 6th P.M., Hall County, Nebraska, and more particularly described as follows: Commencing at the Southwest Corner of the Northwest Corner of Section Four (4), then east and along the south boundary of said section a distance of Four Hundred Thirty Five (435) feet, thence north and parallel to the west boundary of said section a distance of Four Hundred Eighty Five (485) feet, thence west and parallel to the south boundary of said section a distance of Four Hundred Thirty Five (435) feet, thence south along the west boundary of said section a distance of Four Hundred Eighty Five (485) feet to the point of beginning, said tract containing 4.8 acres more or less. In consideration of One Dollar ($1.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, Grantors hereby grant said right of first refusal under the following terms and conditions: 1. Before Grantors can sell, transfer or convey such real estate, Grantors must first offer said property to Grantee in writing. Grantee shall have thirty (30) days to exercise said right of first refusal. The Right of First Refusal may be exercised by the Grantee delivering to Grantors, by hand or certified United States mail, return receipt requested, a Notice of Exercise of Right of First Refusal. At that time, Grantors and Grantee shall enter into a standard real estate contract for the purchase of said real estate. 2. The purchase price for said real estate shall be established by using the amount of any written offer (including written verification of authorized loan approval by the lender of any prospective Buyer) made by a third party to Grantors for the purchase of said real estate. 3. Said purchase price shall be paid in cash or certified funds at the time a deed to the property is delivered to Grantee. 4. This Right of First Refusal shall not be assigned without the written consent of the Grantors. 5. This is the full and complete agreement between Grantors and Grantee, and all other agreements, written or oral, are incorporated herein. 6. This agreement shall be binding upon the successors, personal representative, and assigns of the Grantors. ry7 rn C co f•J CD CZ) Lel CO Pa rTi U tto