HomeMy WebLinkAbout~Master - Transmission Line - Mutual Benefit Life Insurance Company lJV�.4V VV 111
Parcel No. State of Iowa
Check No. County of Boone
of Structures No. Township _ 84 North
Range 25 West of the 5th P.M.
• 00573 Section 28
TRANSMISSION LINE EASEMENT
\
Or �` KNOW ALL MEN BY THESE PRESENTS:
The undersigned Owners,The Mutual Benefit Life Insurance Company
and the undersigned Tenant
4' 941 for and in consideration of One Thousand Eight Hun3red Tifty-Six & no lars
($ 1,856 00 ) to be paid by the City of Ames, Iowa, a Municipal Corporation
do ere y grant to the City of Ames, Iowa, its successors and assigns, the
dright to construct, maintain and operate electrical transmission lines, and
the poles, structures, wires, and other necessary equipment incident thereto,
upon, over, under, along and across certain real estate described below, to-
gether with the right to enter upon said real estate for the purpose of con-
'$:11% cc structing, maintaining or removing said lines and the right to trim or remove
with reasonable care, such trees as may interfere with the proper maintenance
d and operation thereof, and the right to remove from the strip of land speci-
B fically described below any obstruction, including buildings and other
= structures, which may interfere with the proper maintenance and operation of
M = said lines. Grantee also agrees that the present grade or ground level
thereof will not be changed. In consideration of such grant, the City of
Ames agrees that it will repair or pay for any damage which may be caused to
crops, fences or other property of the undersigned by the construction,
maintenance or removal of said lines.
East 58 feet of the NEJ of Section 28, Township 84 North, Range 25 West of
the 5th P.M. , Boone County, Iowa, less road right of way.
The undersigned acknowledges payment of One Hundred & no/100 Dollars
($ 100.00 ) hereunder, and it is agreed that if the balance of the
stated consideration, $ 1,756.00 , is paid the undersigned within
365 days from date hereof, this agreement shall become binding upon
all parties hereto, their heirs, successors and assigns, but shall terminate
upon the permanent removal or abandonment of the supply or transmission line.
if the balance of the consideration is not paid as above limited, then the
initial payment shall be forfeited to the grantor and both parties shall be
released from all further obligation hereunder.
The undersigned shall have the statutory right under Iowa Code Chapter
478 to cancel this agreement by mailing a "Notice of Cancellation" to Ames Municipal
Electric System by certified mail with return receipt requested. The notice
must be received by Ames Municipal Electric System within seven (7) days, excluding
Saturday and Sunday, to be effective.
The undersigned acknowledges receipt of this written information on the right
to cancellation prior to execution of this agreement and further acknowledges re-
ceipt of the form, in duplicate, that can be used to give notice of cancellation to
Ames Municipal Electric System.
Ames Municipal Electric System may enter said premises for the purpose of
surveys and preliminary estimates. However, Ames Municipal Electric System shall
not begin construction, and shall not file this agreement for record until full
consideration is paid and the statutory seven day period for cancellation has ex-
pired.
REAL ESTATE T 1988
Ames, Iowa this 14th d of.. January
al� TAX PAID !d �,
O�
STAMP # THE MUTUAL BENEFIT LIFE INSURANCE COMPANY
Nathan F. Burnh4i ' 'Vice Preside
RE 0R
ACKNOWLEDGMENT
DATE COUNTY
OWA ) SS }
COUNTY OF STORY ) y
On this 14th day of January A.D. 19 88 elore me, otary
Notary Public, personally appeared Nathan F. Burnham M
to me known to Me thg'�� on;(s) ",who
,a -
is (are) named in and who executed the foregoing instrument, and ackn ge that
he executed the same as his voluntary act and deed.
800K�p OZ PAGE /6 D Notary Public in and for said County and State
Connie A. Hardin
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