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8 revisions | Phil at Feb 01, 2023 10:05 AM | |
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93Special Meeting Company, granting to Seller the right to construct certain buildings over the 30-foot right-of-way owned by said railway, which easement is recorded in Book 28, Page 221 of Miscellaneous Records in the Office of the Register of Deeds, Lancaster County, Nebraska, and subject to easements and restrictions of record, on the following terms and conditions: Re Purchase of Elgin Property 1. Purchaser is to pay the sum of $725,000.00 on August 1, 1958, on which date, Seller is to deliver to the Purchaser a warranty deed to the above described premises, containing the usual covenants of warranty, and is to deliver possession of said property to the Purchaser. 2. Seller is to pay all real estate taxes for 1957 and prior years. If 1958 taxes are assessed, levied and collected on said real estate, Seller agrees to pay its pro rata share of said 1958 taxes to date of possession. At the time of closing there shall be withheld from the purchase price an amount equal to Seller's pro rata share of 1958 taxes, using the amount of the 1957 taxes as a basis for said computation. In the event that 1958 real estate taxes are not assessed, levied and collected, Purchaser shall pay over to Seller the amount withheld as aforesaid. If said taxes are assessed, levied and collected and Seller's pro rata share exceeds the amount withheld, the balance shall be paid to Seller. Seller is to pay all special assessments levied prior to August 1, 1958. 3. Seller shall have the right to remove all personal property on the premises and such other items of property, whether or not attached to the premises, as have been incorporated in or placed thereon in connection with Seller's operations, as it shall elect, including, but not limited to, Buss duct, exhaust system, including compressor, stocks and miscellaneous duct work, all movable standard type partitions, and one-third of the flourescent light fixtures now on the premises, and excluding, but not limited to, the normal lighting system except for one-third of the flourescent fixtures, all air-conditioning equipment, all humidity control equipment | 93Special Meeting Company, granting to Seller the right to construct certain buildings over the 30-foot right-of-way owned by said railway, which easement is recorded in Book 28, Page 221 of Miscellaneous Records in the Office of the Register of Deeds, Lancaster County, Nebraska, and subject to easements and restrictions of record, on the following terms and conditions: 1. Purchaser is to pay the sum of $725,000.00 on August 1, 1958, on which date, Seller is to deliver to the Purchaser a warranty deed to the above described premises, containing the usual covenants of warranty, and is to deliver possession of said property to the Purchaser. 2. Seller is to pay all real estate taxes for 1957 and prior years. If 1958 taxes are assessed, levied and collected on said real estate, Seller agrees to pay its pro rata share of said 1958 taxes to date of possession. At the time of closing there shall be withheld from the purchase price an amount equal to Seller's pro rata share of 1958 taxes, using the amount of the 1957 taxes as a basis for said computation. In the event that 1958 real estate taxes are not assessed, levied and collected, Purchaser shall pay over to Seller the amount withheld as aforesaid. If said taxes are assessed, levied and collected and Seller's pro rata share exceeds the amount withheld, the balance shall be paid to Seller. Seller is to pay all special assessments levied prior to August 1, 1958. 3. Seller shall have the right to remove all personal property on the premises and such other items of property, whether or not attached to the premises, as have been incorporated in or placed thereon in connection with Seller's operations, as it shall elect, including, b ut not limited to, Buss duct, exhaust system, including compressor, stocks and miscellaneous duct work, all movable standard type partitions, and one-third of the flourescent light fixtures now on the premises, and excluding |
