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202303466
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Last modified
7/10/2023 9:25:03 AM
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7/10/2023 9:25:03 AM
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DEEDS
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202303466
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Pil <br />`i' i <br />6 o HAL' 'd !\.!E <br />tF 'O Q, <br />C:5) CeT <br />o Li b 1023 J. L, 3 <br />N <br />!HST 2a13 0 3 b <br />immiiimiO Cro <br />CASH <br />CHECK ,?goo <br />REFUNDS: <br />CASH <br />CHECK <br />After Recording Return to: <br />w D. Maser <br />Koley n P.C., L.L.O. <br />1125 S 103 ' et, Suite 800 <br />Omaha, NE 6812 <br />REGISTER OF l {-' <br />goo <br />TERMINATION OF REAL ESTATE PURCHASE AND OPTION AGREEMENT <br />This Termination of Real Estate Purchase and Option Agreement ("Termination Agreement") is <br />made effective as of 20th day of June, 2023 ("Effective Date") by and between Wildwood Development, <br />LLC, a Nebraska limited liability company ("Buyer"), Grand Island Economic Development Corporation, <br />a Nebraska non-profit corporation ("EDC") and PVIPE, LLC, a Nebraska limited liability company <br />(individually, "PVIPE" and with EDC, "Seller"). <br />WITNESSETH <br />WHEREAS, Buyer and Seller (collectively, the "Parties") entered into that certain Real Estate <br />Purchase and Option Agreement dated June 16, 2015 ("Agreement"), describing the obligations of each <br />party with respect to the purchase and sale of the real estate legally described on Exhibit A attached hereto <br />and incorporated by this reference (the "Property"); <br />WHEREAS, the Parties also executed and recorded that certain Memorandum of Real Estate <br />Purchase and Option Agreement dated June 16, 2015, and recorded with the Hall County Register of Deeds <br />on June 17, 2015, as Instrument No. 201504076 (the "Memorandum"); and <br />WHEREAS, the Parties desire to terminate the Agreement and all obligations under the agreement <br />and as a result of such termination, the Parties also desire to terminate the Memorandum. <br />NOW, THEREFORE, in consideration of the mutual covenants and other valuable consideration, <br />the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: <br />1. The Agreement and all rights and obligations under the Agreement, including without <br />limitation, all rights and obligations associated with the option to purchase the Property granted <br />by Seller to Buyer in the Agreement, are hereby terminated by Buyer and Seller and shall have <br />no further force or effect. <br />2. Seller is hereby authorized by Buyer to file this Agreement with the Register of Deeds of Hall <br />County, Nebraska (and no other authorization or instruction shall be required from Buyer in <br />order for Seller to proceed with such filing). <br />[Signature Page Follows] <br />
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