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#3036- Deed; OPTION FOR PLAT Lots numbered 299,300,301 in the proposed plat of Section A, McKinley Terrace
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#3036- Deed; OPTION FOR PLAT Lots numbered 299,300,301 in the proposed plat of Section A, McKinley Terrace
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3. Upon the exercise of such option, the optionee shall pay for <br />said above described real estate on the basis of cost to optionor, but not to <br />exceed Five Hundred Dollars ($500_00) an acre. <br />4. The optionee shall upon demand pay either to the proper public <br />authority or to the owner, as the case may be, the proportionate pro-rata cost <br />of all public improvements constructed by the owner and adjoining and/or <br />kpertaining to the above described parcel of real estate. <br />5. The deed of conveyance of the owner upon the exercise of such <br />loption shall be made subject to all utility easements and to such public <br />?improvement assessments as may fall due in respect to said above described <br />arcel after the date of such instrument. <br />6. Upon the exercise of such option, the optionee shall also <br />reimburse the owner for any part of the costs of said improvements which it <br />shall have paid prior to such exercise and to the date of such instrument of <br />conveyance. <br />IN WITNESS WHEREOF, the said owner has caused this instrument <br />be executed in its name and on its behalf by its President, attested by its <br />ecretary and its corporate seal to be affixed this l0 day of <br />95 � . <br />Land Developers Company, Inc. <br />By <br />P esident <br />T TEST; <br />Secretary <br />Olt A, <br />
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