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Digital ID
upr000120-229
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I agree.Koppel • • • 3 Land Company shall convey to Koppel Bulk Terminal Company all Land Company's right, title and interest in said easement, upon payment of purchase price. Koppel Bulk Terminal Company shall have thirty days in which to correct any default. Union Pacific Railroad Company has water tank located on subject property, and shall have the right to maintain and operate said water tank; however, if Koppel desires water tank removed, Land Company shall call Union Pacific to remove within sixty days, billing Roppel for actual cost to relocate same upon other property of Union Pacific, in nearest available location, Subject property shall not be used for any other purpose than as a site for the manufacturing, processing, refining, handling* shipping and storage of bulk chemicals, vegetable, animal mod marine fats and oils, and agricultural and related products, and for the movement of general cargo. In the event an action is filed in eminent domain, Koppel has the alternative to cause this agreement to remain in effect, as to the part not taken, and purchase price shall be adjusted, or to reserve all rights and obligations and tha resulting damages or award, and thereafter promptly to pay the Land Company the balance of the purchase price. If agreement remains in effect, Koppel has no rights or interest to eminent domain damages or awards.