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upr000120 396

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upr000120-396
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\ ment in form attached to option agreement as Exhibit "I". Russell to assign to Land Company Industry Track Con­tract Audit No. 105878, in form attached to option agreement as Exhibit "F". Security Title Insurance Company to issue its standard form of title insurance policy, insuring title to said property vested in Land Company, with the exception of the minerals, oil, gas and other hydrocarbon substances in and under said property, and subject to: 1. Items 1, 2, 3, 5» 6 , 7 and 8 as set out in preliminary title report attached to option agreement as Exhibit "H"; Z a Rights of "Grantors" under the roadway easement, attached to option agreement as Exhibit "G"; 3. Crop agreements attached to option agreement as Exhibits "B", "B-l", "C" and "C-l". Russell reserves until January 1, 1 9 6 6 , all of the landlord's rights, including the right to receive rents, and shall be responsible for all of the obligations and duties of the landlord under the crop agreements attached to option agree­ment as Exhibits "B", "B-l" and "C", until January 1, 1 9 6 6 . Russell further reserves until January 1, 1 9 6 6 , all rents (but only the rents) payable to the landlord under the crop agreement attached to option agreement as Exhibit "C-l" 0 All rents payable prior to January 1, 1966, under all crop agreements, shall be payable to Russell, and Russell shall on December 1, 1 9 6 5 , pay to Land Company $3»500.00 as contribution -3-