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f. <br />200403595 <br />11-1 <br />Each of the parties shall keep and maintain the well and pump in good condition <br />and repair, including, without limitation, normal maintenance and replacement and <br />expending such funds as are reasonably necessaryto provide the necessary maintenance. <br />Each party shall be responsible for fifty percent (50 %) of all expenses related to said Well <br />and Pump, provided that in the event of replacement, both parties shall agree in writing <br />prior to replacement. In the event either party fails to comply with its maintenance <br />obligations as set forth herein, which failure continues for more than thirty (30) days after <br />the date of written notice to the breaching party of such breach, the non - breaching party <br />shall be entitled to (i) enter the Easement Area for the purpose of the performance of such <br />maintenance activities as are necessary to restore the Well and Pump to good condition <br />and repair, (ii) expend such funds as are reasonably necessary to provide the necessary <br />maintenance, and (iii) submit an immediate invoice to the breaching party for the <br />reasonably expended funds, which shall be due and payable within ten (10) days of the <br />date of notice of the invoiced bill. <br />2. The easements and other rights granted herein are not exclusive, and each <br />of the parties hereby reserves unto itself and to the other present and future owners of the <br />Properties the right to utilize the portion of the Easement Area it owns for such purposes <br />as do not unreasonably endanger or interfere with the easements and other rights granted <br />herein. Each of the parties shall have the right to grant such other easements, rights or <br />privileges to such persons and /or entities and for such purposes as each party in its sole <br />discretion may elect, so long as such purposes do not unreasonably endanger or interfere <br />with the easements and other rights granted herein. <br />3. The easements and rights granted under the terms of this Agreement shall <br />be appurtenant to and run with the Properties, including future subdivisions and /or <br />reconfiguration of the Properties, and shall be binding on all entities having or acquiring <br />any right, title or interest in the Properties and shall inure to the benefit of each owner, <br />tenant, subtenant, employee or invitee thereof. <br />4. The easements and rights established by this Agreement shall not merge and <br />terminate if the Properties become owned by the same entity. <br />5. Time is of the essence with respect to this Agreement. <br />6. None of the terms or provisions of this Agreement shall be deemed to create <br />a partnership between or among the parties in their respective businesses or otherwise, <br />nor shall it cause them to be considered joint venturers or members of any joint enterprise. <br />Each party shall be considered a separate owner, and no party shall have the right to act <br />as an agent for another party, unless expressly authorized to do so in this Agreement. <br />It is expressly agreed that no breach of this Agreement shall entitle any party to <br />cancel, rescind or otherwise terminate this Agreement. However, such limitation shall not <br />affect in any manner any other rights or remedies which a party may have hereunder or <br />under applicable law by reason of any such breach. In the event of breach hereunder, the <br />non - breaching party shall be entitled to all remedies available at law, or in equity, and <br />2 <br />