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<br /> <br />84......... 008SgS <br /> <br /> <br />CORPORATION WMM.N'rY DEED <br /> <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): <br /> <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 <br /> <br />Grantor covenants with Grantee that Grantor: <br /> <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; <br /> <br />2. Has legal power and lawful authority to convey the <br />same; and <br /> <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 <br /> <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. <br /> <br /> <br />-1 <br />