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the e~c~ercida of su~ch option, ahall not prev~ent ti~e canatruc- #
,
tioa of a~arehouse building upan the real eatate abov~e des- ?
cribed and the use of eaid real eetate for euch purpose, includ-
ing but not limited to the constru~ctiaa and use of a bevsrage
warehouse upaa the real eetate abave des~ribed. ~
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IV. BRiOKER'S Ca~IIrlISSIONS ~
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. Thie transaction has been entered into as a result of ;
direct negotiations betw~een the Optionore and the Optianee, ~
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' and the Optionee hereby acknvwledges t~at he has not negotia- '
~ted this transaction through anq real estate broker.
V. ESCRQ~1 FEES ;
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- Escrew feee, if any, shall be borae by the Optionee. ~
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VI. TII~ FOR EXERCISE
Thie optioa ehall continue to and including the lst day
_ of February, 1967, and in the event this optian is not eaercised
_.~by.the Optianee within the time ao limited, seme shall automa-
;
~ tically eapire. In the event the Optionee deeires to exercise - s
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the option herein contained, he shall give written notice to the ~
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Optionora, by registered or certified mail, prior to th,e lat
day of February, 1967.
- VII. ABSTRACT OF TITI.E .
In the event the Optiaaee exercises hie option to pur-
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chase the real estate hereinabove described, the Optionore hereby
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~ agree to deliver to the Optianee a complete Abstract of Title
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f to the abave described real e8tate, brought dawn to date sub- ~
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f ~ sequent to the exercise by the Optioaee of hie optioa to pur- ~
t .
~ chase. Said Abstract of Title shall be furniehed by the Optionors ~
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€ to the Optionee, at Optionors' expense, within 15 days fram the
~ date that the optian to purchase is exercised by the Optianee, ~ '
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~ aad aaid Abstract ohall ~how the title to the abave deecribed
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~ real estate to be good aad marlcetable of record. ~ ~ ;
~ VIII. POS3ESSION OF . ~
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- Optionore agree to d.eliver posseseian of the above des-
_ ;
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~ . cribed real estate to Optianee oa or before the date of cloeing.
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