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STATE OF NEBRASKA <br />LOCAL POLITICAL SUBDIVISION <br />ACQUISITION CONTRACT <br />Copies to: <br />1. Right of Way Division, Nebraska Department of Transportation <br />2. Owner Project No.: C-40(498) <br />3. Buyer Control No.: <br />Tract No.: 1 <br />THIS CONTRACT, made <br />Address: PO BOX 63 <br />ALDA NE 68810 <br />202502278 <br />and entered into this 2 2. day of c 3 , 20 214 by and between,w <br />ear Uv4!^re/d ZG rrn.. � o\ <br />µ.R•� MCLri'/Lobti 9rielpeC-uGYrtya <br />hereinafter called the OWNER, and HALL COUNTY, NEBRASKA, hereinafter called the BUYER. <br />RIGHT OF WAY <br />WITNESSETH: In consideration of the payment or payments as specified below, the OWNER <br />hereby agrees to execute to the BUYER, a deed which will be prepared and furnished by the BUYER, to <br />certain real estate described in exhibit 1. (The description may be stated in either "metes and bounds" or <br />"station and offsets") <br />The BUYER agrees to purchase the above described Right of Way and to pay, therefore, upon the <br />delivery of said executed Deed. If the OWNER so desires, they shall have the right to receive 100% of the <br />final payments due under this contract prior to vacating the premises being acquired. <br />Approximately Ma acres at $ 9.(07) per acre $ iOQO <br />Approximately acres at $ per acre <br />Approximately acres at $ per acre <br />Moving and replacing approximatelyp...L f rods of fence at $3'/7 39 per rod y(o Sz,:42 <br />Moving and replacing approximately rods of fence at $ per rod <br />Damages for Control of Access: <br />Other Damages: <br />.................................... <br />TOTAL $ <br />It is agreed and understood that the BUYER is hereby granted an immediate right of entry upon the <br />premises described above. <br />The above payments shall cover all damages caused by the establishment and construction of the <br />above project except for CROP DAMAGE, if any, which will be paid for in an amount based on the yield <br />from the balance of the field less expenses of marketing and harvesting. CROP DAMAGE shall mean <br />damage to such crops as are required to be planted annually and which were planted at the time of the <br />signing of this contract and which are actually damaged due to construction of this project, but in no case <br />shall damages be paid for more than one year's crop. The OWNER agrees to make a reasonable <br />attempt to harvest any crop so as to mitigate the crop damage. <br />If any other party shall hold any encumbrance against the aforementioned property at the time of <br />delivery of the aforementioned property, such payments as are due under this contract shall be made to <br />the OWNER jointly with the party or parties holding such encumbrance, unless said party or parties <br />holding such encumbrance shall 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 />AP-3 <br />