Rights outstanding, reservations and conditions.

The sale and conveyance of the property shall be made subject to the following outstanding rights, reservations and conditions:

1. Existing easements for public roads, highways, utilities, railroads and pipelines, if any, whether or not shown of record.

2. Such easements include, but are not limited to easements granted to the _________ Electric Light & Power Company, the _________ Railway Company and the city of _________, _________.

3. Rights, if any, of _________ Steel Company under the Easement Agreement recorded in the office of the Records of Deeds for _________, _________, in Book _________ at Page _________.

4. Easement in favor of _________ Electric Company under Contract No. _________ expiring _________[date].

5. License in favor of _________ under Contract No. _________.

6. Parcel _________ is subject to rights of _________ Manufacturing Company under Lease No. _________ and _________ of _________ Products Company, under Lease No. _________.

7. Except as expressly conveyed in this agreement, this conveyance is made and accepted on the basis that Grantee shall have no right of use, license, easement, servitude, or usufruct for any purpose, by necessity or otherwise, express or implied, on, over or under any of the property of the seller. By acceptance of this conveyance Grantee covenants for h—self and assigns that no such right or interest will ever be asserted by reason of this conveyance to Grantee. This covenant shall run with the land.



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