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<br />84......... 008SgS
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<br />CORPORATION WMM.N'rY DEED
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<br />Davco Investment Corporation, a corporatiQ11."t
<br />existing under. the laws of Nebraska, Granto..r,..in.....c;~....
<br />One Dollar and other valuable conaiderationrece
<br />ee, the City of Grand Island, . Nebraska, a Munici < . <(1
<br />conveys to Grantee the following described real .. ".
<br />defined in Neb. Rev. Stat. 76-201):
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<br />The Northerly One Half (N%) of Lots Five. (5)
<br />and Six (6) and all of Lot Seven (7) in Block.
<br />Seventy-Nine (79) in the Original Town, now
<br />City of Grand Island, Hall County, Nebraska
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<br />Grantor covenants with Grantee that Grantor:
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<br />1. Is lawfully siesed of such real estate and that .it is
<br />free from encumbrances, except easement and restrictions of
<br />record, if any, and the easement granted below;
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<br />2. Has legal power and lawful authority to convey the
<br />same; and
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<br />______ ___ _____.________3_~--____War.r..ants_--and.._tdll____1l_efe.IUL._.titlfL_.tD__t:.ruLJ:.e.t..l._ u.ta..tL___._
<br />against the lawful claims of all persons.
<br />
<br />Grantor hereby grants forever, for the benefit of the owners
<br />of The Yancey Condominium Units, which are described below, for
<br />the benefit of The Yancey Condominium Association, Inc., a
<br />Nebraska non-profit corporation, and for the benefit of all their
<br />successors and assigns, the permanent use of a non-exclusive
<br />easement upon, on and under the real estate described as follows:
<br />
<br />The Northerly One Half (N\) of Lots Five (5)
<br />and Six (6) in Block Seventy-Nine (79) in the
<br />Original Town, now City of Grand Island, Hall
<br />County, Nebraska
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<br />for the purpose of owning, installing, constructing, operating,
<br />maintaining, repairing, adding, replacing and removing water
<br />wells, pumps, p,ipes, related electrical wiring, conduits, cables,
<br />and manholes ('Water Well System") as may be desirable in connec-
<br />tion with providing water and related utilites services to the
<br />real estate described as follows:
<br />
<br />
<br />Condominium Unit Nos. 101, 102, 103, 201.
<br />301, 302, 303, 304, 305, 401, 402, 403, 404,
<br />405, 406, 407, 501, 502, 503, 504, 505, 506,
<br />507, 601, 602, 603, 604, 605, 606, 607, 701,
<br />702, 703, 704, 705, 706, 707, 801, 802, 803,
<br />804, 805, 806, 901, 902, 903, 904, 905, 906,
<br />1001, 1002, 1003, 1004, 1005, 1006, 1101,
<br />1102, 1103, 1104, 1105, 1106, The Yancey, a
<br />Condominium, a condominium in accordance with
<br />the Declaration recorded on October 17, 1984,
<br />under Document No. 84-005507 of the County of
<br />Hall, State of Nebraska, recorda ("The Yancey
<br />Condominium Unitslt)
<br />
<br />tOlether with the right and privilege to reconstruct, inspect,
<br />alter and improve the Water Well System for the full enjoyment or
<br />the u.e thereQf' fOl~ the above-mentioned purposes, incfuding the
<br />r1aht of lOlrelSs aTild Ellreu over adjoininl lands of Grantee for
<br />the purpose of ex.er'ci.dng the eliUUtment herein granted. Respons-
<br />ibility for the ownership, in~tallation, construction, operation,
<br />_inteunoe. l~epairlll, Ilddi t 10ns, rep lacement and remova 1 of the
<br />Water Well SYlt.. shall rest with The Yancey Condominium Associa-
<br />tion, Inc. and. no responsibilities shall ,accrue to the Grantor.
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