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81-x-(102142 r demands, suits, liabilities, and payments in contract or in tort, penal or other, resulting from or in respect of the Licensee's use of the City right-of-way for the aforesaid building encroachment. 4. This license shall take effect immediately upon the date of the last party executing this agreement, and shall continue for an indefinite term; provided that the Licensee may terminate this agreement at any time by diving the City sixty days written notice. This agreement shall also terminate should the Licensee apply for any germit for repairs or reconstruction of the aforesaid building and foundation encroachment in the easement area. Upon termination of this agreement, the Licensee shall be required and hereby agrees to remove the portion of the improvements occupying the easement area at his expense and without cost :o the City prior to the expiration period of this agreement. 5. This agreement shall be binding upon the parties hereto, their successors and assigns. WIi'NESS our signatures the dates below written. Dated ~' ~ ~ - d f Dated ~~~ ~'~ STATE OF NEBRASKA } ss COUNTY OF HALL ,) BELL'S CONSTRUCTION, INC. ~, net Be~~, Fres cTertt / // CITY OF GRAND ISLAND, NEBRASKA A Municipal Corporation • ,-~_ o ert L. Kr i•, o eta is ity C er On this ..1~ day of '<-~`z~.~,_~ 1981, before me, the undersigned, a Notary Fub~ic 3n and f~r~said County and State, personally appeared Rodney A. Bell, President of Bell's Construction, Inc., a Nebraska Corporation, known to me personally to be such officer and the identical person who signed the foregoing License Agreement and who acknowledged the execution thereof to be his voluntary act and deed as such officer and the voluntary act and decd as such officer and the voluntary z[ct and deed of such corporation, for the eurpa:;~ therein F•vprQtSed. WITNESS my hand and notarial seal the date .above written. 5[rrut Mn. Mr . esas. al ~aM~ r f ierE[ '~ a 4r: .. - ~ .:,... „ ,yam `_ ... .._ d,~ a: ~~'nt~~ a t