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2 201607996 WHEREAS, after the closing and conveyance of the personal property situated on the property described in Exhibit `B" and the property described in Exhibit "A" attached hereto from SELLER to BUYER, BUYER shall grant to SELLER a twenty (20) foot access and utility easement, said twenty (20) foot strip legally described in Exhibit "C" attached hereto and incorporated herein by reference. NOW THEREFORE in consideration of the foregoing the parties hereto agree as follows: 1. The recitals made above are incorporated into the body of this Agreement and are made a part of this by reference. 2. The SELLER hereby conveys to the BUYER the personal property of the well situated on the real estate described in Exhibit `B" and the real estate described in Exhibit "A" and the BUYER shall be allowed along with its successors and assigns an easement of access, ingress and egress hereinabove described to allow use of the farm ground for BUYER to farm and use of the irrigation well on the land owned by the SELLER as described in the preceding provisions of this Agreement as Exhibit "B ". The personal property of the irrigation well is the property of the BUYER. The BUYER shall have exclusive use of the irrigation well which is a subject of this agreement. BUYER shall have the sole, exclusive right to the said water usage for watering crops, livestock and/or whatever uses BUYER needs for his use of the property. 3. The BUYER shall be responsible for all irrigation well pump and gear head equipment maintenance and repair so long as BUYER continues to use said irrigation well. BUYER may fix, repair and install equipment on the real property described in Exhibit `B" hereto, for the continued use, maintenance and any repairs necessary for the continued operation and use of the irrigation well. 4. This Agreement is subject to the agreement between Loyd A. and Judith A. Luehr and the City of Wood River, Nebraska recorded with the Hall County, Nebraska Register of Deeds as Instrument #99- 107735 on August 2, 1999 and the agreement between Darrel L. and Sharon K. Gloe and the City of Wood River, Nebraska recorded with the Hall County Register of Deeds as Instrument #99- 107736 on August 2, 1999. 5. This Agreement shall be indexed against the legal descriptions of the tracts of real estate shown on Exhibit "A" and on Exhibit "B" and the BUYER shall have the use of the irrigation well located on SELLER'S property for the life of the irrigation well . The parties agree that upon expiration of the term of this Agreement either by abandonment, failure of the