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<br /> RECIPROCAL EASEMENT AGREEMENT 9?�►C����
<br /> THIS RECIPROCAL EASEMENT AGREEMENT ("REA") is made and entered
<br /> into as of the 1Q day of � �... 1997, by MENARD, INC., a Wis�onsin
<br /> corporation t"Menard") and JOHN R. MENARD, a single person ("JRM") and CLEAR
<br /> DEVELOPMENT LLC,a Kansas limited liability company("Clea�").
<br /> WIT1yE��ETH
<br /> WHLREAS,Menard is the owner in fee of certai�land located in the City of Grand
<br /> Island, County of�i�ll, State of Nebraska, which land, herein the ("Menard Parcel") is
<br /> described on Exhibit A attached hereto and by this reference made a part hereof and by this
<br /> ° reference made a part hereof;ancl
<br /> WHEREpS, JRM is the owner in £ee of certain land located in the City of Grand
<br /> Island, County of Hall, State of Nebras�cs, which land, her�in the ("JRM Parcel") ia
<br /> described on Exhibit A; and,
<br /> � WHEREAS, Clear is the owner in feo of certain land located in the City af Grand
<br /> Island, County af Hall, State of Nebraska, which land, herein the ("Clear Parcel") is
<br /> � described on Exhibit A; and,
<br />" . WHEREAS, the parties hereto deaire to make 3ntegated use of thgir respective
<br /> parcels and to develop and ircprove the prec�nises designated as the Menard Parcel, 3RM
<br /> � Parcel and Clear Parcel (said tracts being hereinafter collectively refened to as the"Site"dr
<br /> � tha"Parcels");and
<br /> � WHEREAS, Menard has caused to be constructed and presently operates, a retail
<br /> facillty� as hereinafter provided (hereinaRer called the "Menard Store"), located on a
<br /> portion of'the Menard Parcel;and,
<br /> WHEREAS, 7RM and Clear desire to develop the JRM Parcel and Clear Yaral,
<br /> respectively;and,
<br /> 9NHEREA5,the parties hereto des'ue to estabtish, for the beneSt of the Site certain
<br /> nonexclusive easements in, to, over and across their respectiva Parcels, as hereinafter
<br /> defined;and,
<br /> � �VI�REAS, the parties desire to make certain other covenants, restrictions and
<br /> agreements as hereinafter are more specifically set forth;
<br /> NOW, THEREFORE, in consider�tion of tho foregoing, and the covenants and _
<br /> declararions, as hereafter set forth,IT IS DECLARED as follows;
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