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202207759 <br />3. Term. The term of the Access and Utilities Easement shall be perpetual. This Access and <br />Utilities Easement is and shall be deemed to be a covenant running with the land and shall be binding upon <br />the parties hereto and upon their successors and assigns, until released upon the unanimous agreement of <br />the then record owners the Grantor Parcel and the Grantee Parcel. Any modification or amendment shall be <br />effective when duly executed, acknowledged, and recorded in the Office of the Register of Deeds of Hall <br />County, Nebraska. <br />4. Purpose. The Access Utilities Easement and Encroachment Agreement is hereby granted <br />for the following purposes: (i) to provide Grantee, Grantee's successors and assigns, and Grantee's tenants, <br />agents, employees, invitees, licensees, and permitees ingress and egress over, across and upon the Easement <br />Area, to and from the public rights-of-way commonly known as Old Potash Highway and Piper Street to <br />access Grantee's Parcel; (ii) to provide Grantee and Grantee's successors and assigns access to electricity <br />necessary to operate the Gate System and appurtenances connected with the operation of the Gate System <br />owned by Grantee; and (iii) to Grantee, and Grantee's successors and assigns to permit the Encroachments <br />to continue to exist so that Grantee its successors and assigns may reasonably use and operate the Gate <br />System and the appurtenances connected therewith, as well as for the purpose of allowing Grantee and <br />Grantee's successors and assigns, and Grantee's tenants, agents, employees, invitees, licensees, and <br />permitees to permit the Encroachments related to vehicular ingress and egress to access Grantee's Parcel <br />over the North Driveway. <br />5. Maintenance of Easement Area. Except for the Encroachments, Grantor shall, at Grantor's <br />cost, maintain the Easement Area (and all paving and other improvements thereon) in a manner <br />substantially the same condition as the balance of the Grantor Parcel, including completing any paving <br />repairs and performing snow removal, in a manner consistent with the performance by Grantor of such <br />maintenance on the balance of the Grantor Parcel. Except as set forth in the preceding sentence, each party <br />shall be responsible for the repair and maintenance of the real property owned by it and all improvements <br />located on such real property in a manner determined by such party. <br />6. Warranty of Title. Grantor hereby warrants and confirms to Grantee and Grantee's <br />successors and assigns that (i) it is the owner of the Easement Area; (ii) has marketable fee simple title to <br />Grantor's Parcel; and (iii) it has the right to grant and convey this Access and Utilities Easement and <br />Encroachment Agreement in the manner set forth herein. Furthermore, Grantor and its successors and <br />assigns will warrant and defend the Access and Utilities Easement and Encroachment Agreement granted <br />herein against the lawful claims of all persons and entities. <br />7. Taxes. Each party shall be solely responsible for payment of all real estate taxes and <br />assessments, if any, on the real property owned by it and all improvements located on such real property. <br />8. Restrictions. Neither Grantor nor any agent, servant, or employee of Grantor, nor any <br />successor or assign of Grantor (the "Grantor Parties"), shall create, permit, or suffer at any time any <br />obstruction to or interference with the: (i) ingress and egress over, across, and upon the Easement Area for <br />any purpose; (ii) ongoing connection to electricity source; and (iii) operation or removal of the Gate System. <br />Furthermore, the Grantor Parties shall not, at any time, endanger, interfere with, or otherwise obstruct the <br />maintenance, repair, operation or use of the Easement Area for ingress and egress, nor unreasonably impede <br />or interfere with Grantee's rights of access and use pursuant to this Agreement. <br />9. Remedies. <br />a. In the event the Grantor fails to maintain and repair Easement Area as herein <br />provided, Grantee, after thirty (30) day prior advance notice to Grantor, shall have the right (but <br />not a duty) to perform such obligations; provided, however, no notice shall be required by Grantee <br />for any failure by Grantor to perform its maintenance and repair obligations that causes an <br />3 <br />