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proceedings by the City, Seller agrees to sell the <br /> subject property to the Buyer upon the terms and <br /> conditions contained hereinl 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 t~me. <br /> <br /> NOW, THEREFORE, in consideration of the <br /> mutual promises, covenants and agreements contained <br /> <br />herein and fOr other good and valuable consideration, <br />..the receipt and sufficiency of which are hereby <br /> <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 are deScribed in <br /> Exhibit "B" attached hereto and made a part hereof, as <br /> <br /> 2 <br /> <br /> <br />