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<br /> _-_ ___,_�� they know of no noxiaee from any qoves�neatnl agenay of any
<br /> _- -� � violation or knowiedge of probable vio�ation• of the law relating
<br />-��� to the sub�ect �ro�ert�►f iii) thet they hnve no notiae or
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<br /> S� - kno�ledge of planned or aonnaenaed publlo impxovemente v�i�►ich may `�� - - � --�_
<br /> -• �:eeul� im eg�eaiul aaseaataonta or othe�v�l,se direatly aaid
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<br /> -'�' materinlly affect the property= iv) thaC watier, ee�er and storm
<br /> " . � _ eewer �re availabie to the prmnises ndequate fox the develnpntent
<br /> . ,,,.�.r.{, of the premiees f and, v) that they know of no other mattera whiah ---_
<br /> �#�� r �=�� mep materially and adversely affeat the property. �---� —
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<br /> - p�:�. . ;�; B. Payment defnuit= liquidated damages. xf Suyer shali fail �o � _ -_ ___
<br /> � ��.,. ' � ' pay any payinent rec�ui.red under paragraph 1 by the date due or within �;�� . _ __
<br /> �,"�`"' `'�" : �, five days thereafter, thie option shall automatiaally terminate on the —.
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<br />� :. , ._, ��. date apecified far the paymeat aad this agreeaient shall ao longer be *�.:�s��s�
<br /> � . � . :: ���. e�feative. In that event or if Buyer in any manner breaches ite -��''�='�°'r""�'=
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<br /> -� �,� � obligations hereunder agter exexcisinq the cgtion, Seller may keep all :, ;�.,.�•_���-'!-
<br /> ._� �� � '. prev3ous payments made for the option ae liquidated daiaages. Soth �� ,��:,--
<br /> z: _'.; -__��" parties agree that the total auiount of such payments is a reaeonable ��``� ' _�--
<br /> ��.,; � appraximation of the damages that Seller would sustain if damages w�xe ,. ,; , ---•—
<br /> ti'� . � readily aecertainable. `±.� �� T.,.:���.�T--
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<br /> ; � " 6. Asai nt. Bu r may �ransfer or assiqn this option. The '%� ° —.,�.---
<br /> option ahall be binding upan and inure to the benefit of the partiea .. �:;i'"��
<br /> . and their respeative represeatatives, auccessore and assigns. -,---��:.
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<br /> � ��. � 7. Headings. Headinge in this agraement are for convenience � � � '�',------
<br /> , only and shall not be usgd, interpreted or construed as provisions. . ;�'�
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<br />-- - -- 8. Gc��e��izg 2aw. This agrsoiasnt shall be ��ver�►ed by and
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<br /> �� construed in accordance with the laws of the State of Nebxaska.
<br /> . � ° 9. Counterparts. This agreement may be executed f.n one or more ;s ;.1
<br /> . '�, conntorparts, each of which shall be deemed as an original, but al]. of ,�� Ys
<br /> _ - - -� -- - -�.- which together shell constf.tute onA and the seme insts-tuaent. __..___._=''r� '
<br /> � 10. Time of the essence. Time is of the essence of this � �j
<br /> �i agreement. �'+.�':
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<br /> � �r� 11. Entire a reement. This a reement supersedes all prior �
<br /> � � agreements betweeng the parties with gxegard to the sub ject xnatter '-�t�`��
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<br /> . � . , hereof and there are no underatandings or agreements between them. � -����,.�
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<br /> 12. Natices. All notices hereunder ehall be in writinq and � � � _
<br /> - � „ delivered per�;onal.ly or mafled by c�rt;ified mail, pastage gr�paid, ; �- ->;'
<br /> add�essed as followa: � "
<br /> To the Optionors �. '� . :
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