quit claim deed for LP Airport - Laserfiche WebLink

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.. . revert to the part, ot the tlrst part upon demand made ln wrltlng b7 the War Assets Admlnistratlon or lts suooessor Government ageno7 at least slxty (60) days prlor to the date fixed tor the revesting ot such title, right of possession and other rlghts transferred, or any pontion thereof; Provided, that, as to installations or struotures whioh have been added to the premises without rederal aid, the Government shall have the option to acquire t1tle to or _Be of the same at the then fa1r market value of the rights ~here1n to be acqu1red by the Government. (2) That if the oonstructlon as covenants of any of the foregoing reservatlbns and restrlctions recited hereln as covenants or the applioation ot the same as covenants in any particular in- stance is held invalld, the particular reservations or restrictions in question shall be construed instead merely as conditions upon the breach of which the Government mar exeroise its option to cause the title, rlght of possession and all other rlghts transferred to the party of the second part, or anr portion thereof, to pevert to it, and the application of suoh reservations or restrlctiDnsas covenants ln any other instance and the oonstructlon of the remainder ot such reservatlons and restrictions as covenants shall not be affected therebr. To have and to hold the foregolng described premises, together with all and singular the rights, privileges and appurtenances thereto in any wise belonging except the rights excepted and reserved above, and under and subject to the aforesaid reservations, restrlotions and conditions, unto the sald party of the second part, its successors and assigns, forever. In witness whereof, the party of the first part has caused these presents to be executed the 4 day of June, 1947. United States of America, Acting by and through War Assets Administrator. By C. B. Bucker, Zone Administrator, Zone V. War Assets Administration. Wl tnesees: Howard H. Nye, Ed Early..