PURCHASE OF PROPERTY AND IMPROVEMENTS Sample Clauses

PURCHASE OF PROPERTY AND IMPROVEMENTS. Buyer hereby agrees to buy, upon and subject to the terms and conditions set forth in this Purchase Offer, the real property described as follows (the “Land”): Lot 1 in CORRECTED FINAL PLAT OF OAK CREEK PLAT 2, an Official Plat, now in and forming a part of the City of Granger, in Dallas County, State of Iowa, EXCEPT a parcel of land lying and being in the Northeast One Quarter of Section 12, Township 80 North, Range 26 West of the 5th Principal Meridian, said parcel being comprised of the property described in Book 623 - Page 245, excluding those portions falling within existing street right-of-ways, and EXCEPT a portion of Lot 1 of the Corrected Final Plat of Oak Creek Plat 2, an Official Plat now in and forming a part of the City of Granger, in Dallas County, State of Iowa, and said exception parcel is more particularly described as follows: Beginning at the Point-of-Intersection of the east right-of-way line of Main Street and the south right-of-way line of Broadway Street, as dedicated; thence along and upon the south line of said Bxxxxxxx Xxxxxx, Xxxxx 00°00'00" Xxxx for a distance of 207.87' to a point approximately in the center of the creek bed; thence along a line within the bed of the creek for the following five courses, South 11°34'14" West a distance of 111.64'; thence South 09°03'59" West for a distance of 48.25’; thence South 13°48'46" West for a distance of 40.53'; thence South 21°20'09" West for a distance of 30.39'; thence South 10º12'48" West for a distance of 57.24' to a point on the westerly line of said Lot 1, said westerly line at this location having a jog running in an east and west direction; thence departing from said creek bed, along and upon said westerly line, North 84°16'29" West for a distance of 85.53' to an angle point in said westerly line, said point also being in the west right-of-way line of the abandoned C.M. St. P & P R.R. right-of-way; thence along and upon the west right-of-way line of said railroad, South 05°43'31" West for a distance of 3.32' to a point on the south line of that parcel described in said Book 623 - Page 245; thence along said south line, South 89°33'20" West for a distance of 59.47' to a point in the east right-of-way line of said Main Street; thence along and upon said east right-of-way line, North 00°26'03" West for a distance of 274.65' to the Point-of-Beginning. The sale of the Land shall be together with all buildings, improvements and fixtures located thereon, together with any easements an...
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PURCHASE OF PROPERTY AND IMPROVEMENTS. Buyer hereby agrees to buy, upon and subject to the terms and conditions set forth in this Purchase Offer, the real property described as follows (the “Land”): Lot 3 in CORRECTED FINAL PLAT OF OAK CREEK PLAT 2, an Official Plat, now in and forming a part of the City of Granger, in Dallas County, State of Iowa The sale of the Land shall be together with all buildings, improvements and fixtures located thereon, together with any easements and servient estates appurtenant thereto, and subject only to (a) any zoning and other applicable ordinances; (b) any mineral reservations of record; (c) any covenants or restrictions of record; (d) any easements of record; and (e) any real estate taxes or special assessments, or installments thereof. The Land together with the above-referenced improvements, fixtures and appurtenances shall hereinafter be referred to as the “Property.”
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Related to PURCHASE OF PROPERTY AND IMPROVEMENTS

  • REPAIRS AND IMPROVEMENTS 14.1 Prior to registration of transfer, the Purchaser shall not be entitled to effect any alterations to the Property without the prior written consent of the Seller. 14.2 The Seller shall not be obliged to compensate the Purchaser for any authorised alteration effected in the event of the sale being cancelled. 14.3 The Purchaser shall be liable for any damages suffered by the Seller as a result of any alterations effected by the Purchaser, not authorised by the Seller.

  • Lease of Property Landlord, for and in consideration of the covenants and agreements herein contained on the part of Tenant to be paid, kept, observed, and performed, hereby leases to Tenant, and Tenant hereby leases from Landlord for the Term (as hereinafter defined), the Property. Tenant’s use of the Property shall be in compliance with the terms of this Lease.

  • Purchase of Property With any cash at any time held by it, to purchase or subscribe for any Authorized Investment (as defined in Section 6.3) and to retain the same in trust.

  • ALTERATIONS AND IMPROVEMENTS Tenant shall make no alterations to the buildings or improvements on the Premises or construct any building or make any other improvements on the Premises without the prior written consent of Landlord. Any and all alterations, changes, and/or improvements built, constructed or placed on the Premises by Tenant shall, unless otherwise provided by written agreement between Landlord and Tenant, be and become the property of Landlord and remain on the Premises at the expiration or earlier termination of this Agreement.

  • Alterations, Additions, and Improvements Lessee covenants and agrees with Lessor not to permit the Premises to be used for any purpose other than that stated in Section 5 hereof or make or allow to be made any alterations or physical additions in or to the Premises without first obtaining the written consent of Lessor in each such instance. Lessor's consent shall not be required for nonstructural alterations made by Lessee from time to time as necessary to adapt the Premises for the uses and business purposes permitted hereby, provided that such alterations do not affect any part of the Building other than the Premises, are not visible from outside the Building and do not adversely affect any service required to be furnished by Lessor to Lessee or to any other tenant or occupant of the Building. Lessee shall be responsible for any lien filed against the Premises or any portion of the Building for work claimed to have been done for, or materials claimed to have been furnished to Lessee. Any and all such alterations, physical additions, or improvements, when made to the Premises by Lessee, shall be at Lessee's expense and shall at once become the property of Lessor and shall be surrendered to Lessor upon termination of this Lease by lapse of time or otherwise; provided, however, this clause shall not apply to the movable fixtures, office equipment, and other personal property owned by Lessee. Tenant Initials ___________ Landlord Initials___________ 4Section 17. Legal Use and Violations of Insurance Coverage. ----------- ----------------------------------------------- Lessee covenants and agrees with Lessor not to occupy or use, or permit any portion of the Premises to be occupied or used, for any business or purpose which is unlawful, disreputable, or deemed to be extra-hazardous on account of fire, or permit anything to be done which would in any way increase the rate of fire, liability, or any other insurance coverage on the Building and/or its contents.

  • Property Inspections The Servicer shall conduct property inspections in accordance with the milestones of the repair and rehabilitation plan for such Mortgaged Property and prepare Property Inspection Reports on any Mortgaged Property involving property damage over $15,000. The Servicer shall furnish a copy of the repair and rehabilitation plan for such Mortgaged Property to the Master Servicer upon request.

  • Property and Equipment All property and equipment purchased by CONTRACTOR with funds received under this Agreement, or purchased on behalf of CONTRACTOR for the program site(s) covered under this Agreement, shall be insured by CONTRACTOR at replacement value against fire, theft, and destruction equal to the full replacement cost.

  • The Property The Landlord agrees to lease the described property below to the Tenant: (enter the property information) Mailing Address: [PROPERTY MAILING ADDRESS] Residence Type: ☐ Apartment ☐ House ☐ Condo ☐ Other: [OTHER] Bedroom(s): [# OF BEDROOMS] Bathroom(s): [# OF BATHROOMS] The aforementioned property shall be leased wholly by the Tenant (“Premises”).

  • Location of Real Property and Leased Premises (a) Schedule 3.20(a) lists completely and correctly as of the Closing Date all real property owned by the Borrower and the Subsidiaries and the addresses thereof. The Borrower and the Subsidiaries own in fee all the real property set forth on Schedule 3.20(a). (b) Schedule 3.20(b) lists completely and correctly as of the Closing Date all real property leased by the Borrower and the Subsidiaries and the addresses thereof. The Borrower and the Subsidiaries have valid leases in all the real property set forth on Schedule 3.20(b).

  • Personal Property In addition to the real property described in Section II, the Seller shall include the following personal property:

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