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U.S. DEPARTMENT OF EDUCATION-1991
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U.S. DEPARTMENT OF EDUCATION-1991
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Last modified
6/9/2015 3:15:14 PM
Creation date
6/9/2015 2:19:21 PM
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Contracts
Company Name
UNITED STATES OF AMERICA
Contract #
A-1988-009
Agency
Parks, Recreation, & Community Services
Council Approval Date
2/16/1988
Destruction Year
P
Notes
Deed 7435 and Quitclaim Deed 7592 copies in file
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not limited to, oil, gas, coal or sulphur, by GRANTEE, its <br />successors and assigns, will be held in trust for and promptly <br />paid to GRANTOR. The listing of certain minerals shall not cause <br />the doctrine of ejusdem oeneris to apply. Nothing herein shall <br />be construed as authorizing the GRANTEE to engage in the <br />extraction or production of minerals in, on, or under the <br />Property. <br />19. GRANTEE, by acceptance of this Deed, further covenants <br />that upon receipt of notice of reverter and, on demand of the <br />UNITED STATES OF AMERICA to quit possession of the Property, it <br />will immediately quit possession and execute a deed reconveying <br />the Property to the UNITED STATES OF AMERICA, conveying all <br />right, title and interest conveyed to it by GRANTOR except for <br />encumbrances approved by GRANTOR as provided herein. <br />20. If the GRANTEE, its successors or assigns, shall cause <br />the Property and /or any improvements thereon to be insured <br />against loss, damage or destruction, or if the GRANTOR requires <br />such insurance while the Property is subject to conditions <br />subsequent 1, 2, 3, and 4, and any such loss, damage or <br />destruction shall occur during the period GRANTEE holds title to <br />the Property subject to conditions subsequent 1, 2, 3, and 4 set <br />forth in Paragraph 6 of this Deed, said insurance and all moneys <br />payable to GRANTEE, its successors or assigns, shall be held in <br />trust by the GRANTEE, its successors or assigns, and shall be <br />promptly used by GRANTEE for the purpose of repairing, and <br />12 <br />
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