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WANER OF RIGHT TO PURCHASE AIDJACEI�TT ALLEY PtTRCHASE <br /> THIS WAI`VER OF R.xGHT TO PURCHASE ADJA,CENT ALLEY is <br /> er�tered into this��day of March,2Q19,by and between AL�CE$ItANDON, <br /> individualiy and as acting President o:f M.H.Brandon,Inc.,as legatee of Melvin H. <br /> Brandon,deceased(49-P-314)as owner and Seller under a certain Contract for Deed <br /> (hereinafter"$TandOn"),KEVIPI WATKINS,individually and as President of SRKW, <br /> Z�iC.,Buyer under the terms of a certain Contract for Deed(hereina�ter"Watkins"),and <br /> WAVE PRQPERTIES,I�C.{hereinafter"Vi�'ave"}. <br /> WHEREAS,Bra7ndon is the Seiler a�'the foilowing described real estate to <br /> Watkins: <br /> All that part of Lots 20,21, 22,23,and 24 in Black 1 of EB Durfees Third <br /> Additian to the�ity of�7ecatur,as per Plat recoxded in Bt�flk 22 at page 636 of <br /> the recards in the Recorder's Office of Macon County,Illinois, lying Nortli and <br /> East of ihe Railroad Rig�t of way. Situated in Macon County,Illinois. <br /> PIN: 04-12-10-378-026. <br /> WHEREAS,the Cxty o�Uecatur has agreed to sell the alley iznmediately north of <br /> the Brandon-Watkins property and generally described as follows. <br /> All that part af the 2Q-faot wide alley running East and West through Black 1 of <br /> E.B.Dr.irfee's Third Addition to the City of Decatur,Iying East of the right-of- <br /> way of the P.D.&E.Railroad, as per Plat xecorded in Book 22 at page 636 of the <br /> recards in the Recorder's Office of Macan County,Illinois. <br /> 'tiYI�REAS,Wave is the awner of the real estate immediately north of and <br /> adjacent to such alley and has agr•eed to purchase such al�ey from the City of Decatur, <br /> and Brandon and Watkins have indicated they are not interested in purchasing sazd alley. <br /> NQW T�IEI2EFQRE,for and in consideraiion of the mutual pro�ises contained <br /> herein,the parties�ereto agree asfollaws: <br /> 1. Brandon as the owner of the real estate imrnediately south of the above- <br /> described alley does hereby waive any right ta purchase any portion of the alley and <br /> waives any right to claim any interest in said alley if it is vacated by the Cit�of Uecatur. <br /> 2. Watkins as the buyer under the Contract fax Deed of the imrnediately <br /> sauth o�the above-described alley does hereby waive any right tQ purchase any portior�of <br /> the alle��and waives any right ta claim any interest in said ailey if it is vacated by the <br /> City ofDecatur. Wave agrees Watkins sha11 have�o obligatian to move an:existing <br /> fence if such fence is located oz�the alley. <br />