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This License Agreement entered into by and between the CITY OF GRAND ISLAND, <br />NEBRASKA, a municipal corporation, hereinafter referred to as the "City ", and HARDWARE <br />LAND CO. OF GRAND ISLAND, LTD., a partnership, hereinafter referred to as "Ace ". <br />WHEREAS, Ace is the owner of Lots One (1) through Eight (8), inclusive, in Block Five <br />(5), in Kemohan and Decker Addition to the City of Grand Island, Hall County, Nebraska and <br />vacated Harrison Street north of Third Street; and <br />WHEREAS, Ace intends to expand a commercial building on said property. Such <br />existing commercial building and proposed addition will be located over and upon the City <br />easement retained in Block Five (5), Kemohan and Decker Addition (see Exhibit A attached <br />hereto and incorporated herein by reference); and <br />WHEREAS, the City and Ace desire to enter into a License Agreement which permits <br />Ace to build upon and over the easement retained in Block Five (5), subject to certain conditions, <br />more specifically enumerated herein. <br />NOW, THEREFORE, in consideration of the mutual covenants contained herein, the <br />parties agree as follows: <br />cod <br />A 1 > <br />m <br />"e" = <br />2 D <br />1 G'oo3` <br />2 D p <br />nt <br />Y, <br />o, <br />O <br />' •` <br />� <br />W <br />N <br />J <br />-3 <br />7 <br />N <br />This Space Reserved for Register of Deeds' <br />� <br />License Agreement <br />-" <br />This License Agreement entered into by and between the CITY OF GRAND ISLAND, <br />NEBRASKA, a municipal corporation, hereinafter referred to as the "City ", and HARDWARE <br />LAND CO. OF GRAND ISLAND, LTD., a partnership, hereinafter referred to as "Ace ". <br />WHEREAS, Ace is the owner of Lots One (1) through Eight (8), inclusive, in Block Five <br />(5), in Kemohan and Decker Addition to the City of Grand Island, Hall County, Nebraska and <br />vacated Harrison Street north of Third Street; and <br />WHEREAS, Ace intends to expand a commercial building on said property. Such <br />existing commercial building and proposed addition will be located over and upon the City <br />easement retained in Block Five (5), Kemohan and Decker Addition (see Exhibit A attached <br />hereto and incorporated herein by reference); and <br />WHEREAS, the City and Ace desire to enter into a License Agreement which permits <br />Ace to build upon and over the easement retained in Block Five (5), subject to certain conditions, <br />more specifically enumerated herein. <br />NOW, THEREFORE, in consideration of the mutual covenants contained herein, the <br />parties agree as follows: <br />