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.Corrigan in exchange for Parcel 1, Said Parcel 1 and Parcel 2 to be conveyed
<br />with any and all improvements, structures, fixtures and appurtenances
<br />thereto, unless specifically excluded herein, on the terms and conditions
<br />stated below.
<br />NOW, THEREFORE, in consideration of the premises and of the
<br />mutual covenants hereinafter contained, and other good and valuable
<br />consideration, the parties hereto, each intending to be legally bound, do
<br />hereby warrant and agree as follows:
<br />I. The Exchange - The Property. Corrigan and the District agree to
<br />exchange, on the terms and conditions herein set forth, the Property, in fee
<br />simple, together with all of the tenements, hereditaments, improvements, oil,
<br />gas and mineral rights, levees, dikes, canals, ditches, roads and easements,
<br />appertaining thereto, and all of the respective parties' right, title and interest
<br />therein. The instrument of conveyance shall transfer all of the respective
<br />parties right, title and interest in and to the Property and their interest in
<br />and to all riparian rights, improvements, approvals, fixtures, easements,
<br />rights-of-way, licenses, privileges, tenements and appurtenances belonging or
<br />appertaining to the Property, including without limitation of the foregoing,
<br />all right, title and interest of each party, in and to any land lying in the bed
<br />of any street, alley, road or avenue (before or after vacation thereof, and
<br />whether previously abandoned or vacated or hereafter abandoned or
<br />vacated).
<br />2. Survey and Legal Description
<br />(A) The District previously has or will obtain surveys of the Property
<br />in a form acceptable to both parties to consummate the transactions
<br />contemplated herein, The District shall provide Corrigan with copies of the
<br />recently obtained surveys within ten (10) business days following the
<br />effective date of this Agreement.
<br />(B) Notwithstanding any provisions below to the contrary, the parties
<br />agree that both Corrigan and the District have previously received and been
<br />provided surveys for the Property under previously contemplated
<br />transactions, and the parties agree to be reasonable in their review of the
<br />new or recertified survey, if determined necessary by either party, and not
<br />object to matters shown thereon unless same are new matters of record that
<br />did not appear on the prior surveys,
<br />(C) Each party shall have ten (10) business days from receipt/delivery
<br />of the survey required in Paragraph 2(A), within which to examine the
<br />survey and legal description provided pursuant to this Paragraph and to
<br />notify Seller if the survey and legal description set forth therein are
<br />acceptable, or if the survey shows any violation of the survey instructions or
<br />requirements or if the survey shows any encroachments or a violation of the
<br />Contract Covenants (hereinafter referred to as "Survey Objections"),
<br />(D) The survey and legal descriptions shall be certified to the
<br />District, Corrigan, the District's and Corrigan's Counsel and the title
<br />MA
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