Common use of The Subject Property Clause in Contracts

The Subject Property. is comprised essentially of grounds, collateral, appurtenances, and improvements and is currently known as the Hall of Waters. This agreement creates a conservation easement in real estate legally described as: A tract of land located in the Southeast Quarter of the Southwest Quarter of Section 1, Township 52, Range 30, described as follows: Beginning at a point on the East line of Main Street in the City of Excelsior Springs which is 230 feet South of the intersection of the East line of Main Street and the South line of Broadway; thence from said point of beginning South along the East line of Main Street a distance of 165 feet; thence East and parallel with the South line of Broadway a distance of 65.4 feet to a point on the Westerly line of a concrete strip; thence North along the west line of said concrete strip a distance of 45 feet to a point that is 65.7 feet East of the East line of Main Street; thence West .7 of a foot to a point that is 65 feet East of the East line of Main Street; thence North and parallel with the East line of Main Street a distance of 120 feet; thence West parallel with the South line of Broadway a distance of 65 feet to the point of beginning; the property herein described as being designated as City Blocks 68, 69, 70 and part of 71 on the Official City Map of Excelsior Springs. ALSO a tract of land described as follows: All that part of the Southeast Quarter of the Southwest Quarter of Section 1, Township 52, Range 30 described as follows: Beginning at a point that is 65 feet East of a point that is 230 feet South along the East line of Main Street from the Southeast corner of Main and Broadway Streets in the City of Excelsior Springs; thence South 120 feet; thence East 10 feet; thence North 120 feet; thence West 10 feet to the point of beginning. The Subject Property, the Hall of Waters, is located at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, Excelsior Springs, Clay County, Missouri (hereinafter referred to as the “Property”), which is owned in fee­simple by the Grantor and is listed in the National Register of Historic Places as the “Hall of Waters, Siloam Park and Springs.”