Tract 4 Clause Samples

Tract 4. All that part of Lot Three (3) of the Southwest Quarter (SW/4) lying South of the Frisco Railroad right- of- way and North of the County Highway in Section Nine (9), Township Twenty-seven (27), Range Twenty- five (25) East of the Indian Meridian, Ottawa County, Oklahoma LESS a tract of land beginning at the Southwest corner of Lot 3; Thence North a distance of 82 feet; Thence East a distance of 68 feet to the County Highway; Thence in a Southwesterly direction along said Highway, a distance of 86 feet; Thence West a distance of 44 feet to the Point of Beginning. FLY WITH EAGLES LLC, a Pennsylvania limited liability company (“GRANTOR”), whose address is 1725 Boulevard of the Allies, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, in consideration of the sum of TEN DOLLARS AND OTHER VALUABLE CONSIDERATION, to it in hand paid by the said , a (“GRANTEE”), whose tax mailing address is , does by these presents, BARGAIN AND SELL, CONVEY AND CONFIRM, merchantable fee simple title unto GRANTEE, its successors and assigns, in and to the following described lots, tracts of parcels of land, lying, being and situated in the County of ▇▇▇▇▇▇ and State of Missouri to-wit: As more particularly set forth on Exhibit A, attached hereto and incorporated herein by reference. SUBJECT, HOWEVER TO ALL (i) zoning and building ordinances; (ii) real estate and all ad valorem taxes and assessments both general and special not currently due and payable; (iii) liens and encumbrances caused by Grantee: (iv) matters which would be disclosed by a current, accurate survey and (v) all covenants, conditions, restrictions, easements, reservations, encumbrances and other matters of public record, all of the foregoing collectively referred to herein as the "Permitted Encumbrances." TO HAVE AND TO HOLD, The premises aforesaid, with all and singular the rights, privileges, appurtenances and immunities thereto belonging or in anywise appertaining, unto the said GRANTEE and unto its successors and assigns forever, the said GRANTOR hereby covenanting that it is lawfully seized of an indefeasible estate in fee in the premises herein conveyed; that it has good right to convey the same; that the said premises are free and clear from any encumbrance done or suffered by it or those under whom it claims; except with respect to the Permitted Encumbrances; and that GRANTOR will warrant and defend the title of the said premises unto the said GRANTEE and unto its successors and assigns forever, against the lawful claims and ...
Tract 4. Tract 4 consists of an undivided 50% interest with respect to the surface rights to the land identified as Tract 4.