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~~ <br />~~ --tiJti61~1. <br />AGREEMENT <br />.~ ~, <br />This Agreement is executed this /a day of /~vcE,,,.~r " <br />- 1981, by and between TANA Development Company, a Nebraska partner- <br />. <br />shi a d Thomas C. Beale and Maril F. B <br />n eaie husband an <br />d wife, <br />P Yn <br />Intending to be legally bound hereby, intending to legally <br />bind their heirs and legal representatives, and for good and <br />valuable consideration, receipt of which is hereby acknowledged, <br />the parties hereto agree to the following: <br />1. TANA Development Company, a Nebraska partnership, here- <br />- inafter called "TANA," is the owner in fee of the following- <br />described real estate, situated in Hall County, Nebraska: <br />Lot One (1), Warren Subdivision, City of <br />Grand Island, Hall County, Nebraska. <br />2. Thomas C. Beale and Marilyn F. Beale, husband and wife, <br />as joint tenants and not as tenants in common, are owners in fee <br />of the following-described real estate situated in Hall County, <br />Nebraska: <br />Lot One (1), D. R. D. Subdivision, City of <br />Grand Island, Hall County, rebraska; <br />which premises adjoin the premises first above-described. <br />3. There is now erected upon the premises secondly above- <br />described a chain link fence, which fence encroaches upon the <br />west boundary line of the premises first above-described. <br />4. TANA agrees that, so long as the aforesaid fence shall <br />remain standing and so long as TANA does not desire removal of <br />said fence, Thomas C. Beale and Marilyn F. Beale shall have, and <br />there is hereby granted to them, the right to have the fence, as <br />now erected, overlap and extend beyond the west boundary line of <br />the real estate owned by TANA and described above, and to encroach <br />and rest upon saifl real estate. <br />5. TANA further agrees that it will not break, cut, disturb, <br />destroy, or remove said fence so long as it remains standing and <br />so long as TANA does not desire removal of said fence. If TANA <br />does desire removal of said fence, it shall give Thomas C. Beale <br />or Marilyn F. Beale fourteen (14) days notice to remove the same <br />and to repair any damage to the real estate described above <br />resulting from installation, removal, and use of said fence and <br />of-the- real estate- described above by Thomas-C. Beale or Marilyn <br />F. Beale, their agents, employees, tenants, and contractors. If <br />said fence is not removed within fourteen (14) days after the <br />above notice is given, TANA shall have the option to remove the <br />same and all expenses incurred in removing said fence and all <br />damages resulting from its installation, removal, or use shall be <br />paid by Thomas C. Beale or Marilyn F. Beale. <br />6. Thomas C. Beale and Marilyn F. Beale covenant and agree <br />that they shall hold TANA harmless from any claim for injury or <br />damage resulting from anything done by Thomas C. Beale or Marilyn <br />F. Beale, their agents, employees, tenants, and contractors in <br />connection with said fence, including but not limited to installa- <br />tion, removal and use of said fence and, in any event, shall <br />indemnify TANA for any loss resulting from any such claim. <br />7. It is further mutually covenanted and agreed that the <br />provisions of this Agreement shall operate as covenants running <br />with both parcels of land above -described and shall bind all <br />parties to this Agreement and their respective heirs, executors, <br />administrators, and assigns. <br />8. It is further mutually and expressly understood and <br />agreed that this Agreement and ali covenants herein contained <br />shall remain in Eor.ce and effect only so long as that portion of <br />_~_ <br />