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2004068'70 <br />8. Binding Upon Property. The easement, rights and obligations created pursuant <br />to the terms of this Easement shall be appurtenant to the Wal -Mart Property and run with and be <br />binding upon the Easement Area, including future subdivisions and/or reconfigurations of such <br />properties, and shall be binding on all entities having or acquiring any right, title or interest in <br />such properties and shall inure to the benefit of each owner, tenant, subtenant, employee or <br />invitee thereof. <br />9. Title. Grantor confirms with the Wal -Mart that Grantor is seized in fee and is the <br />sole holder of the Grantor Property and the Easement Area that it has the right to grant and <br />convey the easement and rights granted herein, and that it will warrant and defend such easement <br />and rights to the Wal -Mart against the lawful claims and demands of all persons. <br />01-599159.2 3 <br />