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subject property to the Buyer upon the terms and <br />conditions contained herein. Except for the City's <br />intention to take the property under its power of <br />eminent domain for a public purpose Seller would not <br />be desirous of selling the property at this time. <br /> <br /> NOW, THEREFORE, in consideration of the <br />mutual promises, covenants and agreements contained <br />herein and for other good and valuable consideration, <br />the receipt and sufficiency of which are hereby <br />acknowledged, the parties hereto agree as follows: <br /> <br /> 1. AGREEMENT TO BUY AND SELL. Seller agrees <br />to sell and convey to Buyer and Buyer agrees to buy <br />and take title, Under the terms and conditions set <br />forth below, tO all of Seller's right, title, estate <br />and interest in and to the real .property described in <br />Exhibit "A", together with all buildings and <br />improvements located thereon (the "Real Property") and <br />all appurtenant rights, privileges and easements <br />belonging thereto, together with all of Seller's <br />rights, title, estate and interest in and to the <br />following. <br /> <br /> a. All of Seller's rights under such <br />other agreements, contracts and contract rights <br />pertaining to the Real Property as are described in <br />Exhibit "B" attached hereto and made a part hereof, as <br />such exhibit may be amended as of the Closing Date <br />2 <br /> <br /> <br />