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PLEASE RETURN TO: CATRINA DELOSH 7PUBLIC WORKS DEPT PO BOX 1968 GRAND ISLAND, NE 68802 -1968 c 0 This Space Reserved for Register of Deeds : •? C. 0) LICENSE AGREEMENT This License Agreement is made by and between the CITY OF GRAND ISLAND, NEBRASKA, a municipal Corporation, herein referred to as the "Licensor" and BTW PROPERTIES, INC., a Nebraska Corporation, hereinafter referred to as the "Licensee ". 1. STATEMENT OF PURPOSE. The purpose of this License Agreement is to set forth the terms and conditions under which the Licensee may construct, maintain, repair, and utilize the following described improvement which will infringe upon a utility easement dedicated to the Licensor: To place a drainage pipe system, with a pump tank, in the easement on the west side of the property addressed as 2621 West Highway 30, per the attached sketch. 2. DESCRIPTION OF LICENSEE'S REAL ESTATE. The Licensee owns the following described real estate containing said utility easement to which this License Agreement shall apply: LOT THREE (3), COMMERCIAL INDUSTRIAL PARK SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA AND THE EAST FIFTY FEET (E50') OF LOT TWO (2) AND THE NORTHEAST SIXTY TWO AND SIXTY FIVE HUNDRETHS FEET (NE62.65') OF LOT FOUR (4); COMMERCIAL INDUSTRIAL PARK SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA TOGETHER WITH THAT TRACT OF LAND DESCRIBED AS FOLLOWS: THAT PART OF FRONTAGE ROAD IN COMMERICAL INDUSTRIAL PARK SECOND SUBDIVISION, VACATED BY ORDINANCE NO. 6450, MORE PARTICULARLY DESCRIBED AS THAT PART OF FRONTAGE ROAD ABUTTING UPON THE EAST FIFTY FEET (E50') OR FIFTEEN AND TWENTY FOUR HUNDREDTHS (15.24) METERS, OF LOT TWO (2) AND ALL OF LOT THREE (3), COMMERCIAL INDUSTRIAL PARK SECOND SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. 3. LICENSEE'S DUTIES AND RISKS. It is understood and agreed that the Licensee may construct, maintain, repair and utilize the above described improvement at the Licensee's sole risk. The Licensee hereby waives any claim for damages against the Licensor, its officers, employee, agents and independent contractors for any damage or injury that may result to said improvement. If the Licensor, in its sole discretion, determines that any part or all of the improvement must be removed or is damaged by the Licensor, its employees, agents or independent contractors working for the 11 Page 2621 WEST HIGHWAY 30 LICENSE AGREEMENT