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201806663 Feedlot shall be conditional upon and subject to all local, state and federal requirements, rules, regulations, ordinances, zoning restrictions and statutes. d. Notwithstanding that current or future regulations and laws may authorize more than 3,000 cattle on C&I's Property, the number of cattle on C&I's Property shall NEVER UNDER ANY CIRCUMSTANCES exceed 3,000 cattle at any time. e. The grant by Grantors is limited to the C&I Property as described herein and shall not extend to any additional or replacement property under any circumstances without Grantors' prior written consent. 2) Kohlhof agrees that Kohlhof's Property shall never be used: (i) as a commercial feedlot for any livestock, (ii) for a hay grinding operation or (iii) for a manure stockpile or storage. However, Kohlhof may spread cattle manure as fertilizer on the crop ground on Kohlhof's Property and Kohlhof reserves the right to construct a holding pond in the easterly thirty (30) acres of Kohlhof's Property with the pond not to exceed 2 acres in size. In the event a holding pond is constructed, Kohlhof shall either construct a berm, or plant and maintain a viable shelterbelt on the west and south boundaries of the holding pond of sufficient height to block the view of the holding pond from ground level. Notwithstanding the foregoing, Kohlhof may pasture up to, but no more than, 400 calves on corn stalks between October 15 and April 1 of each year. 3) Grantee and Kohlhof hereby grant to Grantors, a perpetual easement for the continued and future occupancy of Grantors' residence, replacement, repair, improvement, reconstruction of Grantors' residence, construction of a new residence and the subdivision of Rasmussen's Property to permit the construction of one or more additional residences upon Rasmussen's Property notwithstanding the proximity of Rasmussen's Property to C&I Property and Kohlhof's property and hereby waive the right to object to the aforesaid residential use now and continuing or expanded residential use in the future and will execute any additional waivers or consents that may be requested by Rasmussen in support thereof. 4) Except as provided herein, Grantors hereby reserves for themselves and their successors and assigns the right to use the Rasmussen Property for any permitted purpose not inconsistent with this Grant of Easement. Except as herein provided, the Agreement shall not create any right in favor of Grantee to enter upon or use the Residential Property. 5) The terms, restrictions and conditions contained in this Grant shall be covenants running with the land in perpetuity upon Rasmussen's Property, C&I's Property and Kohlhofs Property and shall be binding upon the parties hereto, their heirs, successors and assigns.