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. The Agency shall convey the Premises to the Developer for a purchase price in the amount of $50,000.00 which the Agency has found and determined and hereby finds and determines to be fair value in accordance with the Act. The cost of subdividing, including but not limited to platting and surveying, the Premises shall be shared equally between the Agency and Developer. The Premises shall be conveyed free and clear of all liens and encumbrances except easements, restrictions and dedications as required for public infrastructure improvements as contemplated in this Redevelopment Contract, and shall also be conveyed subject to the terms and conditions of this Redevelopment Contract. The Premises shall be subject to reconveyance to the Agency upon certain events of default as provided in Section 6.02 of this Redevelopment Contract. A Deed of Trust, executed by Developer, as Trustor, for the benefit of Agency, as Beneficiary, shall be filed against the Premises as security for performance of the obligations set forth in this Redevelopment Contract.
Conveyance of Real Estate. The Agency will convey the real property described to-wit: The West 180 feet of the North 247 feet of Xxx 00, Xxxxxxx Xxxxxxxxx Addition to the City of Lexington, Xxxxxx County, Nebraska. Such conveyance is subject to the condition that the Developer shall commence construction on said real estate of a 5,000 square foot commercial building, associated access drive, off-street parking facilities, and landscaped areas as described in Exhibit A. Construction shall commence within 45 days of final approval of this Development Agreement. Developer shall complete construction within 12 months of the execution of this agreement. Developer shall pay the cost of subdividing the real estate, as well as any filing fees associated with the transfer of real estate.
Conveyance of Real Estate. The Agency shall convey the Premises to the Developer for a purchase price in the amount of $81,675, which the Agency has found and determined and hereby finds and determines to be fair value in accordance with the Act. The Premises shall be conveyed free and clear of all liens and encumbrances except easements, restrictions and dedications as required for public infrastructure improvements as contemplated in this Redevelopment Contract, and shall also be conveyed subject to the terms and conditions of this Redevelopment Contract. The Premises shall be subject to reconveyance to the Agency upon certain events of default as provided in Section 6.02 of this Redevelopment Contract.
Conveyance of Real Estate. The Agency shall convey the Project Site to the Developer for a purchase price in the amount of $25,000, which the Agency has found and determined and hereby finds and determines to be fair value in accordance with the Act. The Project Site shall be conveyed free and clear of all liens and encumbrances except easements, restrictions and dedications as required for public infrastructure improvements as contemplated in this Redevelopment Contract, and shall also be conveyed subject to the terms and conditions of this Redevelopment Contract. The Project Site shall be subject to reconveyance to the Agency upon certain events of default as provided in Article V of this Redevelopment Contract.
Conveyance of Real Estate. The Agency shall convey the Premises to the Developer for a purchase price in the amount of $25,000.00, which the Agency has found and determined and hereby finds and determines to be fair value in accordance with the Act. The Parties agree and acknowledge the exact boundaries of the Premises shall be created by administrative lot split with said lot split to provide sufficient real estate for the Project. The Premises shall be conveyed free and clear of all liens and encumbrances except easements, restrictions and dedications as required for public infrastructure improvements as contemplated in this Redevelopment Contract, and shall also be conveyed subject to the terms and conditions of this Redevelopment Contract. Developer shall obtain a title insurance commitment on the Premises. The title insurance commitment will show marketable title to the Premises in Agency and shall agree to insure title in Developer and for the benefit of Developer’s lender, if any, in the amount of the purchase price. The Premises shall be subject to reconveyance to the Agency upon certain events of default as provided in Section 6.02 of this Redevelopment Contract. Developer acknowledges that Developer has examined and inspected the Premises, and that Developer is purchasing the same in an "AS IS" condition, subject to Developer’s own
Conveyance of Real Estate. At the final Closing of this transaction, Seller shall deliver a fully-executed and recordable 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 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; Encroachments shown on the Survey Plat of the Real Estate, if any; all applicable Zoning Ordinances and Restrictions; 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. Notwithstanding the forgoing, Purchaser acknowledges that Seller is unable to deliver merchantable title to that part of the Real Estate lying West of the division line fence on the West side of the Real Estate and East of the West line of the Northeast Quarter of said Section One (1) containing 0.9 acre, more or less, as shown on the Survey Plat thereof prepared by Xxxxxxx Land Surveying Co., Ltd., for the reason that Seller is not in possession of such portion of the Real Estate. Purchaser has full knowledge of such encroachment and has entered into this Real Estate Purchase Agreement with such knowledge, waives any title objection thereto and agrees to complete his or her purchase of the Real Estate with such limitation.
Conveyance of Real Estate. The Agency will convey up to 10 individual lots of real property from the real property described on the attached Appendix (Project Site). The lots shall be conveyed to the Developer at $5,000.00 per lot subject to the condition that the Developer shall construct residential homes on said lots. The lots shall not be conveyed to the Developer until the Developer is ready to commence construction. Developer shall notify the Agency at least thirty (30) days in advance of any request for a lot(s) and the Agency shall convey the lot(s) to Developer within said thirty (30) days, so long as Developer has received a building permit for said lot(s). Any and all costs associated with the transfer of the lots shall be borne by Developer.
Conveyance of Real Estate. City, in consideration of Two Hundred Seventy-Six Thousand and no/100ths Dollars ($276,000.00) (the “Purchase Price”), agrees to sell and convey to Xxxx Xxxxxx by warranty deed the real estate and improvements shown as Lot 1, X.X. Xxxxxxxxxx Addition, Lincoln, Lancaster County, Nebraska, on Exhibit A, which is attached hereto (collectively the “Property”). Said conveyance to be subject to terms, conditions, covenants, easements, and restrictions described in this Agreement. Said conveyance shall include all of City’s rights, title and interests in and to all easements, rights of way, improvements, buildings, appurtenances and other rights and benefits belonging to City as the owner of the Property.
Conveyance of Real Estate. (a) Owner shall convey to Port at the Closing the Real Estate by a limited warranty deed (the "Deed") as defined in Ohio revised Code Section 5302.07 conveying fee simple title to the Real Estate subject to taxes and assessments, which are a lien, but not yet due and payable and all encumbrances of record prior to the date hereof; provided, however, that the Real Estate will be conveyed free and clear of all mortgages and liens other than the lien for real estate taxes and assessments not yet due and payable. The Closing Date shall be the date the Deed is filed with the Lorain County Recorder which shall be no later than September 1, 2016.
