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HomeMy WebLinkAboutREDTAIL RESIDENTIAL - FDP - 26-01A - SUBMITTAL DOCUMENTS - ROUND 3 - EASEMENTS (7)5. The parties shall execute such additional documents and instruments as may be reasonably necessary to fully effectuate the terms of this Agreement. 6. This Agreement and all other documents and instruments executed to effectuate this Agreement shall run with the land and shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 7. In the event the Grantee defaults in the performance of its obligations under this Agreement, the Grantor shall be entitled to recover all costs and reasonable attorney's fees incurred in enforcing this Agreement. IN WITNESS WHEREOF, the parties hereto have executed this Grant of Easement and Agreement as of the day and year first above written. LAGUNITAS FOSSIL CREEK INC., a Colorado comoration J. Prouty, President LAGUNITAS REDTAIL, INC., a Colorado corporation B KanJ. Prouty, President STATE OF COLORADO ) ss. COUNTY OF LARIMER ) The foregoing instrument was acknowledged before me this At� day of �Q 2004, by Jonathan J. Prouty, President of LAGUNITAS FOSSIL CREEK INC., a Colorado corporation; and LAGUNITAS REDTAIL, INC., a Colorado corporation. Witness my hand and official seal. My commission expires: O - I q- O� �`�p�E.VIN0.0%.�� Notary 2 Ojc mi ' r IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII LARIMERDOYLE RCPTN# 2005-0000935 10:41:0005 PAGES - 2 FEE $11.00 DOC $0.00 #422215 GRANT OF EASEMENT AND AUH1; ;M>t;NT ,ZC,,�j THIS GRANT OF EASEMENT AND AGREEMENT is made and entered into this 1.Iti day of ][k" K_, 2004, by and between LAGUNITAS FOSSIL CREEK INC., a Colorado corporation ("the Grantor"); and LAGUNTTAS REDTAIL, INC., a Colorado corporation, the address of which is 3944 JFK Parkway, Fort Collins, Colorado 80525 ("the Grantee"). WTTNESSETH: WHEREAS, the Grantor is the owner of the real property situated in the County of Larimer, State of Colorado, legally described as Lot 5, Cameron Park, Second Filing, according to the recorded plat thereof ("Lot 5"). WHEREAS, the Grantee is the owner of the real property lying immediately adjacent to and to the west of Lot 5 ("the Grantee's Property"). WHEREAS, the Grantor is willing to grant to the Grantee a nonexclusive temporary construction easement over, across, and upon Lot 5 as reasonably necessary for the purpose of matching the grade along the boundaries between Lot 5 and the Grantee's Property ("the Temporary Construction Easement"). NOW, THEREFORE, for and in consideration of the mutual promises and covenants herein contained and other good and valuable consideration, the receipt and adequacy of which are hereby confessed and acknowledged, the parties hereto agree as follows: 1. The Grantor hereby grants, bargains, sells, and conveys to the Grantee, its successors and assigns, a Temporary Construction Easement over, across, and upon the west five (5) feet of Lot 5. 2. The Grantee shall indemnify and hold harmless the Grantor and Lot 5 from and against any and all claims, demands, actions, suits, and proceedings of whatever kind or nature for personal injury, including death, or property damage arising out of, as a result of, or in connection with any work performed by or at the request of the Grantee on Lot 5. 3. Upon completion of any work on Lot 5, the Grantee shall restore the surface of the land to substantially the same condition as existed prior to the commencement of such work. The Grantee shall also landscape the Temporary Construction Easement by planting grass or other groundcover reasonably acceptable to the Grantor. 4. The Temporary Construction Easement shall terminate one (1) year after commencement of any work on Lot 5 by or at the request of the. Grantee, or on April 1, 2010, whichever date first occurs. Ql o YC..cord�lbee 3*P4 -J FAGar.css r,t-6oLt,5, Co SoS2