Laserfiche WebLink
automatically terminate on the earliest to occur of(a)one(1)year following the Effective Date or(b)date the <br /> Project is complete (the "Term"). Notwithstanding the foregoing, Grantee shall have a reasonable amount of <br /> time, not to exceed ten (10) days, after the expiration of the Term to remove any of Grantee's equipment, <br /> materials, or other items of personal property from the Easement Area and to restore the Easement Area as <br /> required by Section 3 below. <br /> 2. REPRESENTATIONS AND WARRANTIES. <br /> 2.1 By Grantee. Grantee represents and warrants that (i) the person executing this <br /> Agreement on behalf of Grantee is duly authorized to do so, Grantee has full right and authority to enter into <br /> and perform under this Agreement;(ii) upon full execution,this Agreement will constitute the valid and legally <br /> binding obligation of Grantee and be enforceable against Grantee in accordance with its terms; (iii) upon <br /> execution of this Easement by Grantor, Grantor shall be paid One Thousand Five Hundred Dollars($1,500.00) <br /> as consideration for this Easement; and (iv) that Grantee shall install a two-inch service line to Grantor's <br /> property and shall grant to Grantor one time waiver of the water tap fee. <br /> 2.2 By Grantor. Grantor represents and warrants that (i) Grantor is the owner in fee <br /> simple of the Easement Area; (ii)Grantor has full right and authority to enter into this Agreement and to grant <br /> the Temporary Easement; (iii) neither the execution of this Agreement by Grantor nor the grant of the <br /> Temporary Easement will conflict with or result in a breach of any note or other evidence of indebtedness,any <br /> contract, mortgage, lease or other agreement or instrument by which either Grantor or the Easement Area is <br /> bound; and (iv) upon full execution, this Agreement will constitute the valid and legally binding obligation of <br /> Grantor and be enforceable against Grantor in accordance with its terms. <br /> 3. MANNER OF PERFORMANCE; RESTORATION OF EASEMENT AREA. Grantee's rights <br /> hereunder shall be exercised (i) in a good and workmanlike manner; and (ii) in compliance with all applicable <br /> laws, regulations and codes. Upon expiration of the Term, Grantee shall repair any damage to the Easement <br /> Area or Grantor Property caused by Grantee or its employees, agents, contractors, invitees, or licensees, and <br /> shall otherwise restore the Easement Area to the condition in which it existed on the Effective Date. Further, <br /> Grantee shall install a two-inch service line to Grantor's property line and shall receive a one-time water tap <br /> fee waiver. <br /> 4. MISCELLANEOUS. This Agreement embodies the entire understanding of the Parties with <br /> respect to the Temporary Easement and may be modified only by an instrument in recordable form,executed <br /> by the parties hereto. If either Party commences any legal action against the other Party in relation to this <br /> Agreement, the prevailing Party therein shall be entitled to recover from the other, in addition to any other <br /> relief granted, its reasonable attorney's fees, costs and expenses incidental thereto. This Agreement may be <br /> executed in counterparts which, when taken together, shall constitute one and the same instrument. The <br /> provisions of this Agreement will be binding on the Parties and their respective successors, assigns and <br /> mortgagees to the extent herein provided. <br /> List of Exhibits: <br /> Exhibit A: General Depiction of Easement Area <br /> Exhibit B: Legal Description of Easement Area <br /> [EXECUTION PAGE(S)AND EXHIBITS TO FOLLOW] <br /> (00186666.DOCX;1) 2 <br />