Common use of Conveyance of Real Estate Clause in Contracts

Conveyance of Real Estate. At the final Closing of this transaction, Seller shall deliver a fully-executed and recordable Trustees’ Deed conveying and quit-claiming merchantable title to the Real Estate to Purchaser or to Purchaser's nominee, in exchange for the balance of the Purchase Price due hereunder. Such Deed will be subject to: the year 2021 Real Estate Taxes payable in the year 2022 and all Real Estate Taxes levied and payable thereafter; all Roads and Highways, Easements, Rights-of-Way, Dedications, Reservations, Restrictions and Covenants affecting the real estate, if any; Rights-of-Way for Drainage Tiles, Ditches, Feeders and Laterals, if any; all applicable Zoning Ordinances and Restrictions; the Perpetual and Mutually Nonexclusive Ingress, Egress and Utility Easement described on the attached “EXHIBIT A", if any; and all acts of Purchaser and Purchaser's Assigns and Successors in title but free and clear of all other encumbrances whatsoever, unless otherwise hereinafter stated.

Conveyance of Real Estate. At the final Closing of this transaction, Seller shall deliver a fully-executed and recordable Trustees’ Executor’s Deed conveying and quit-claiming merchantable title to the Real Estate to Purchaser or to Purchaser's nominee, in exchange for the balance of the Purchase Price due hereunder. Such Deed will be subject to: the year 2021 Real Estate Taxes payable in the year 2022 and all Real Estate Taxes levied and payable thereafter; all Roads and Highways, ; all Easements, Rights-of-Way, Dedications, Reservations, Restrictions and Covenants affecting the real estateReal Estate which do not unreasonably interfere with Purchaser’s intended use of the Real Estate for farming purposes, if any; Rights-of-Way for Drainage Tiles, Ditches, Feeders and Laterals, if any; all applicable Zoning Ordinances and Restrictions; the Perpetual and Mutually Nonexclusive Ingress, Egress and Utility Easement described on the attached “EXHIBIT A", if any; and all acts of Purchaser and Purchaser's Assigns and Successors in title but free and clear of all other encumbrances whatsoever, unless otherwise hereinafter stated.