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HomeMy WebLinkAbout000512 Gift Deed Gene & Clarann Palmer 04-21-1994251924 251924 Gift Deed d C1ara1ln and [)can Ricks Palmer. Gene W. an 4n\ll994 b R<corded for: City of Rex u,% BLAIR D, \{AYE ~W Ex.officio Rcc<Jrdcr Deputy AMERICAN LAND TITLE CO p, 0, BOX 732 R~XBURG, IDAHO B3440 GIFT DEED 000512 THIS INDENTURE, Made and entered into this 31st day of March, 1994, by and between GENE W. PALMER and CLARANN PALMER, husband and wife, of 503 N. Hill Road, Rexburg, ID 83440, and DEAN RICKS and CARMA RICKS, husband and wife, of 319 Cul De Sac, Rexburg, ID 83440, the parties of the first part, and THE CITY OF REXBURG, a municipal corporation, organized under the laws of the State of Idaho, the party of the second part, WITNESSETH: That said parties of the first part, as a gift and without any monetary consideration, by these presents, do give, convey and confirm unto the said party of the second part, all of their interests in and to the following described real property located in Madison County, State of Idaho, to-wit: Lots 1 and 2 in Block 1 of the Ricks-Palmer Subdivision in Madison County, Idaho, as per the recorded plat thereof, SUBJECT TO the condition that if said property should ever cease to be used as a public park, title to said property shall revert to the Rexburg Rotary Club, a non-profit corporation, or its duly authorized successor in interest. Also beginning at the Northwest corner of Lot 2 in Block 1, of the Ricks-Palmer Subdivision, Madison County, Idaho, as per the recorded plat thereof, and running thence West 30 feet, thence South 157 feet, thence East 30 feet, thence North 157 feet, to the point of beginning. Together with the rents, issues and profits thereof, and the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining unto the said party of the second part, and to its successors and assigns forever. 000512 Z519Z4 IN WITNESS WHEREOF, The parties of the first part have hereunto set their hands and seals the day and year first above written. ta\lroflooi\c ) ~ Col/l1ly Qf Madison ) 55 ..519Z4 I hInll\I certify lhat Iho wilhin irstrument was fikld MY 1 31l)g.. 19 8l /5'% M. and I'GCOrdedonFh ~S1 !=J2~ Foe~_ by ~~' REESE, Reco<do< f -G Deputy AI the request of AMERICAN LAND lllLc l;O. A.<:-~ ~. Gene W. Palmer ft~~(J~ Dean Ricks 1f/vy7U ;J R~ Carma Ricks MICROFILMED STATE OF IDAHO, On this ss. o? I i day of ~f;~~,1994,before me,the County of Madison. undersigned, a Notary Public in and for said State, personally appeared GENE W. PALMER, CLARANN PALMER, DEAN RICKS and CARMA RICKS, known to me to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same. i",,1 IN WIT~'SS WHEREOF, I have hereunto set my hand and 41t: a:eff,~ec!,~~,~ficial seal the day and year in this certificate first abov\EQWt:'~~t;en ';" 7'~- {; :;.. i,~ / .~ v .."......,;~~:,~':~/' 1 ':" \.""'",~ aho R x rg, Idaho Expires: 3 -4. "9~ GIFT DEED - Page 2 w:\dk\palmer.gd