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THIS AGREEMENT is made as of the c� 6 day of I aAA_c , 2004, by and <br />among WAL -MART STORES, INC., a Delaware corporation, and WAL -MART REAL <br />ESTATE BUSINESS TRUST, a Delaware Statutory Trust (collectively, "Wal- Mart"), and <br />WELLS FARGO BANK, N.A., as Successor Trustee of THE IRENE V. CHRISTENSEN <br />EASTON REVOCABLE TRUST ( "Trust "). <br />WITNESSETH: <br />WHEREAS, Wal -Mart is the fee simple owner of the real property, which is generally <br />depicted as Lot 1 on the site plan attached hereto as Exhibit A (the "Site Plan ") and more <br />particularly described in Exhibit B attached hereto ( "Wal -Mart Property "); <br />WHEREAS, Trust is the fee simple owner of the real property, which is generally <br />depicted as Lot 2 on the Site Plan and more particularly described in Exhibit C attached hereto <br />(the "Trust Property "); and <br />WHEREAS, Wal -Mart and Trust desire that the Wal -Mart Property and the Trust <br />Property be subject to the easements and the covenants, conditions and restrictions hereinafter set <br />forth, for the benefit of Wal -Mart, Trust, and their respective successors and assigns. <br />NOW, THEREFORE, for and in consideration of the premises, easements, covenants, <br />conditions, restrictions, and encumbrances contained herein, the sufficiency of which is hereby <br />acknowledged, Wal -Mart and Trust do hereby agree as follows: <br />Building /Common Areas. <br />a. 'Building Areas" as used herein shall collectively refer to (a) that portion <br />of the Trust Property shown on the Site Plan as 'BLDG PAD# 1 " and "BLDG PAD #2 "; <br />(b) that portion of the Wal -Mart Property shown on the Site Plan as "Wal -Mart Pad "; and <br />(c) those portions of the Wal -Mart Property other than the "Wal -Mart Pad ", which <br />contain any buildings and other improvements, other than parking areas and roadways. <br />01498488.6/1 <br />M� <br />c <br />n = <br />" <br />magi to: <br />11 <br />�� <br />• <br />Lend AmCOr Beg <br />Attu; l �C <br />cn <br />- <br />Co —� <br />o <br />r o <br />r� <br />JA 1910 N. Centrzi #3 <br />�a <br />''- <br />� <br />Phoenix, AZ 85 90,4 7C <br />= <br />CD <br />> <br />ri <br />Cr <br />C <br />O N <br />Escrow No. <br />C, ' <br />Ca <br />� -n <br />-n <br />CL <br />CD <br />(' <br />rr— � <br />N <br />When recorded return to: <br />r (f) <br />C73 <br />Brian C. Eades, Esq. <br />' <br />co C <br />Kutak Rock LLP <br />CD <br />1650 Farnam Street <br />CJ0 <br />cn <br />ca <br />Omaha, NE 68102 -2186 <br />cn <br />Z <br />z <br />O <br />Grand <br />Island, <br />Nebraska <br />Store <br />#3395 -00 <br />_ <br />` <br />EASEMENTS WITH COVENANTS <br />AND <br />RESTRICTIONS AFFECTING LAND <br />THIS AGREEMENT is made as of the c� 6 day of I aAA_c , 2004, by and <br />among WAL -MART STORES, INC., a Delaware corporation, and WAL -MART REAL <br />ESTATE BUSINESS TRUST, a Delaware Statutory Trust (collectively, "Wal- Mart"), and <br />WELLS FARGO BANK, N.A., as Successor Trustee of THE IRENE V. CHRISTENSEN <br />EASTON REVOCABLE TRUST ( "Trust "). <br />WITNESSETH: <br />WHEREAS, Wal -Mart is the fee simple owner of the real property, which is generally <br />depicted as Lot 1 on the site plan attached hereto as Exhibit A (the "Site Plan ") and more <br />particularly described in Exhibit B attached hereto ( "Wal -Mart Property "); <br />WHEREAS, Trust is the fee simple owner of the real property, which is generally <br />depicted as Lot 2 on the Site Plan and more particularly described in Exhibit C attached hereto <br />(the "Trust Property "); and <br />WHEREAS, Wal -Mart and Trust desire that the Wal -Mart Property and the Trust <br />Property be subject to the easements and the covenants, conditions and restrictions hereinafter set <br />forth, for the benefit of Wal -Mart, Trust, and their respective successors and assigns. <br />NOW, THEREFORE, for and in consideration of the premises, easements, covenants, <br />conditions, restrictions, and encumbrances contained herein, the sufficiency of which is hereby <br />acknowledged, Wal -Mart and Trust do hereby agree as follows: <br />Building /Common Areas. <br />a. 'Building Areas" as used herein shall collectively refer to (a) that portion <br />of the Trust Property shown on the Site Plan as 'BLDG PAD# 1 " and "BLDG PAD #2 "; <br />(b) that portion of the Wal -Mart Property shown on the Site Plan as "Wal -Mart Pad "; and <br />(c) those portions of the Wal -Mart Property other than the "Wal -Mart Pad ", which <br />contain any buildings and other improvements, other than parking areas and roadways. <br />01498488.6/1 <br />