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r <br />Zen Casement `Liq-_1atv (20) feet :in Sf iC;th 9-orti1 and South, <br />in, upon, .)v(:;.r and across $:.f'2e south av c--rity (20) f2E't: <br />of the first herainabove uescribe6 parce.._f land, <br />subject to 'die following terfas and conditions <br />1. The total purchase price therefor shall be NIM !-r(W4DlttD <br />'NrEtv`i=`Y- IVE and 00/100 ( W25 o a0) D.)?,I AR. ' . <br />2. This option ahall he in full force and affect for a <br />period of two Y'2ars from date, exercisable wit1jin such Period by <br />the givilig of written notice of such exercise by the Optionee. to <br />thy? Optioror i f such option J s not ey-ercis:2d in writing :.�Tithin <br />such period, 'th�3 n, sc.rL-:-,. shall 'he nulls Void, and of no force and. <br />effect. <br />3. Within five (a) days, or aS Soon a-- !-- <br />possible, after the receilat of .the written notice of the e' ercise <br />of tnis option, the Optionor shall deliver to Opt ionee its <br />executed Warranty ?7eea covering the above described property and <br />optiunee shall pay to Optionoa: the: fu11 purchase pa -ice therefor; <br />Optionor small not be required •L-.o either deliver an abstract of <br />title cunt ixa +cc ;.o ciatU 3 or to furnish title insurance. <br />Z1. Such foarec,*ping Warranty Dercd o- hall contain a provision <br />that ; vc:h property iali.Gcll a used for municipal fire station <br />purposes only, and, in tiie event of a usor :Eor any other purpose, <br />title thereto shall revert "to Place and Ct;tmpmiy, Inc. or its <br />successors and a`,s i qns . <br />5. oPt'onor seall net be bound to honor the exercise of <br />such DptiOn Within such period unless raptionee repa:esonts and <br />warrantu In .-4riting at such time that such involved pr xxc_ rty is <br />C0 bO Used only for fire station purposes. <br />2 <br />