Parcel B. The term ‘parcel B’ means the par- cel of land in the Mineral Springs area referred to as ‘parcel B’ in section 3(b) of the Act entitled ‘An Act to provide for the equalization of allotments on the Agua Caliente (Palm Springs) Reservation in Califor- nia, and for other purposes’, approved September 21, 1959, commonly known as the ‘Agua Caliente Equali- zation Act of 1959’ (25 U.S.C. 953(b)).
Parcel B. It is anticipated that Guarantor shall acquire Parcel B from Pxxxxx Homes. Concurrently with the acquisition of Parcel B, Borrower shall satisfy the following provisions: (a) Borrower shall pay Lender all out-of-pocket costs and expenses incurred by Lender in connection with the acquisition transaction, including, without limitation, the cost of any title insurance policies and(or) title insurance endorsements required by Lender; (b) Guarantor shall execute and(or) deliver such documents and agreements as Lender shall reasonably require in connection with the acquisition transaction and the right of Lender to have a first lien security interest in Parcel B and all interests appurtenant thereto, including applicable personal property, including, without limitation, the Deed of Trust (Guarantor), Assignment of Leases (Guarantor), and UCC-1 Financing Statement in the form of Exhibit “M” attached hereto and incorporated herein by this reference, all in form and substance satisfactory to Lender in Lender’s sole discretion; (c) to the extent there are any leases and(or) subleases in favor of Borrower, Guarantor and(or) their affiliates with respect to Parcel B, said leases and(or) subleases shall be subordinated to the Parcel B Deed of Trust and Lender, in its sole discretion, shall be entitled to take a security interest in said leases and(or) subleases, and require the delivery of estoppel certificates from the Borrower and its affiliates, as applicable; (d) Borrower shall pay Lender all attorneys’ fees and costs incurred by Lender in connection with the foregoing transaction; (e) Title Insurer shall issue to Lender such title insurance coverage as Lender shall require in its sole discretion, and only with such exceptions for Permitted Encumbrances, and such other exceptions as may be approved by Lender, in its sole discretion, insuring the first lien priority of the Deed of Trust (Guarantor) and of the Assignment of Lease (Guarantor). In the event the lot line adjustment described in Paragraph 13.1 shall have occurred prior to or concurrently with Guarantor’s acquisition of Parcel B as described above, then this Paragraph shall be of no further force or effect.
Parcel B. That part of the Southeast Quarter of Xxxxxxx 0, Xxxxxxxx 000, Xxxxx 00, Xxxxxx Xxxxxx, Minnesota described as follows: Commencing at the East quarter corner of said Section 7; thence North 89 degrees 48 minutes 03 seconds West assumed bearing along the north line of said Southeast Quarter, a distance of 1151.12 feet; thence South 00 degrees 11 minutes 57 seconds West, perpendicular to said north line of the Southeast Quarter, a distance of 233.00 feet to the south line of the North 233.00 feet of said Southeast Quarter of said Section 7; thence North 89 degrees 48 minutes 03 seconds West along said south line of the North 233.00 feet, a distance of 441.33 feet to the point of beginning; thence North 20 degrees 29 minutes 12 seconds West, 51.30 feet; thence northwesterly 182.07 feet along a tangential curve concave to the northeast having a radius of 1060.00 feet and central angle of 9 degrees 50 minutes 29 seconds to said north line of the Southeast Quarter; thence North 89 degrees 48 minutes 03 seconds West along said north line of the Southeast Quarter, 81.35 feet; thence southeasterly 211.12 feet along a non-tangential curve concave to the northeast having a radius of 1140.00 feet, central angle of 10 degrees 36 minutes 38 seconds and chord bearing of South 15 degrees 10 minutes 53 seconds East; thence South 20 degrees 29 minutes 12 seconds East tangent to last described curve 21.09 feet to said south line of the North 233.00 feet of the Northeast Quarter; thence South 89 degrees 48 minutes 03 seconds East along said south line of the North 233.00 feet, a distance of 85.51 feet to the point of beginning. Said area contains ±18,624 square feet (±0.43 acres). Frenz Family II, LLC 0000 Xxx Xxxxx Xxxxx Xxxxx, XX 00000 Attention: Xxxxxxx Xxxxxx Re: Property Described on Exhibit A Dear Xx. Xxxxxx: Pursuant to our earlier exploratory conversations, this is to formally advise you that the City of Chaska, Minnesota is interested in acquiring the property. The City is prepared to pay $81,500.00 per acre. The City believes the proposed price reflects the fair market value for the property. Absent our agreement on the proposed price, the City is prepared to initiate eminent domain proceedings to acquire the property. Should formal condemnation proceedings prove necessary, please be advised the City shall proceed in accordance with the law of the State of Minnesota to acquire the property as soon as possible. Please let us know as soon as possible whether you find ...
Parcel B. A non-exclusive easement for irrigation water pipeline for use, repair, or replacement of the existing water line as granted by Coast Farms, Inc., a California Corporation by deed recorded January 10, 1996 as Instrument No. 1996-2931, of Official Records, over the Northerly 25 feet of the following described property:
Parcel B i. The Trust shall retain ownership in fee of Parcel B, subject to its unconditional right to convey this Parcel to a designee;
ii. Parcel B shall not be subject to Chapter 61 of the Massachusetts General Laws.
iii. The Trust at its own determination, and in its sole discretion as to location, shall install appropriate monitoring xxxxx on Parcel B and hereby agrees to share data from such monitoring xxxxx as required by applicable law.
iv. The Trust, and/or its designee/successor agrees to construct an enclosed building/structure, or multiple enclosed buildings / structures on Parcel B.
v. The Trust, its designee and/or successor agrees to record a deed restriction on Parcel B for groundwater protection, in the form attached hereto as Exhibit 3.
vi. The Defendants agree to record a 50-foot easement restricting building in a “riparian buffer zone” area marked on Exhibit 1, but reserving the right to use this easement area for stormwater management features providing infiltration (i.e. – not oil-water separators or other contaminant removal structures) and/or driveway(s).
vii. Consistent with their established practice, Defendants agree to keep state and local authorities apprised of any development plans/intentions.
Parcel B. Northwest Quarter of Section 15 (except Dxxx Xxxxx parcel described above), and except that part sold to Cxxxxxxxx Railroad Company, and all that part of the Southwest Quarter, Section 10, South of the Winona and St. Pxxxx Railroad; all in T000X, X00X, Xxxxxxx Xxxxxx, Xxxxxxxxx. (Described in Olmsted County real estate records as Parcel Numbers 62.15.21.073955 and 62.10.33.032684)
Parcel B. Together with rights in general common elements and limited common elements, as set forth in the above Master Deed and as described in Act 59 of the Public Acts of 1978, as amended. Land situated in the City of Utica, County of Macomb, State of Michigan, described as follows: Part of the Southeast 1/4 of Section 35, Town 3 North, Range 12 East, City of Utica, Macomb County, Michigan, being more particularly described as follows: Commencing at the East 1/4 corner of Section 35, Town 3 North, Range 12 East, thence South 89 degrees 44 minutes 23 seconds West 102.00 feet, thence South 00 degrees 04 minutes 26 seconds East 400.00 feet, thence South 89 degrees 44 minutes 23 seconds West 225.00 feet; thence North 00 degrees 15 minutes 37 seconds West 400.00 feet; thence North 89 degrees 44 minutes 23 seconds East 225.00 feet; thence South degrees 15 minutes 37 seconds East 400.00 feet to the point of beginning. A part of the South 1/2 of the Northeast 1/4 of Section 15, T4N, R1W, Meridian Township, Ingham County, Michigan, commencing at the East 1/4 corner of Section 15, thence along the East-West 1/4 line North 89 degrees 01 minutes 44 seconds West 1497.00 feet, thence North 00 degrees 58 minutes 16 seconds East 60.00 feet to the North right of way line of Tihart Street, also being the Southwest corner of Lot 1, Old English Estates as recorded in Liber 49 of Plats, Pages 36 and 37, Ingham County Records, thence along the North right of way line of Tihart Street North 89 degrees 01 minutes 44 seconds West 172.20 feet; thence Northwesterly 202.65 feet along the arc of a 763.94 foot radius curve to the right whose chord bears North 81 degrees 25 minutes 47 seconds West 202.05 feet; thence North 73 degrees 49 minutes 49 seconds West 76.50 feet to the East right of way line of Marsh Road; thence along said right of way line North 21 degrees 00 minutes 36 seconds East 305.71 feet; thence Northeasterly 279.09 feet along the arc of a 5977.57 foot radius curve to the right whose chord bears North 22 degrees 20 minutes 51 seconds East 279.06 feet; thence South 89 degrees 01 minutes 44 seconds Ease 402.95 feet; thence South 21 degrees 10 minutes 30 seconds West 722.78 feet; thence North 68 degrees 59 minutes 24 seconds West 382.99 feet to the point of beginning. A perpetual easement for sanitary sewer purposes across the following described property: Commencing at the Northeast corner of Lot 24 of Old English Estates No. 2, as recorded in Liber 51 of Plats, Page 3, Ingham ...
Parcel B. City agrees to lease to Lessee a part of the Airport identified as Parcel B on Exhibit A, which is attached and incorporated herein by this reference. Parcel B has an area of approximately 6,400 square feet. The lessee will use Parcel B for construction of Phase One.
Parcel B. The North 1/2 of the Northeast 1/4 of the Southeast 1/4 of Section 33, Township 26 North, Range 1 Xxxx, X.X., in Xxxxxxxxx County, Washington. EXCEPT that portion conveyed to Jefferson County for road purposes by deed recorded April 30, 1973, under Auditor’s File No. 217638, records of Jefferson County, Washington. Situate in the County of Jefferson, State of Washington.
Parcel B. On the second anniversary of the Real Property Commencement Date, the Parcel B Rent shall be adjusted by the cumulative percentage
(1) by more than Five Percent (5%) per annum.