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<br />200406903
<br />GRANT OF EASEMENT
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<br />This Grant of Easement ( "Agreement ") is made this 34 -day
<br />of _:L. , 2004, by and between Gas `N Shop, Inc., a
<br />Nebraska Corporation, Whose 4ddress is
<br />V. 0. boy 8 /'/(a3, L i n �( fn, SUE (aYDQ /, ( "Grantor ") , and TLC
<br />PROPERTIES, INC., a Louisiana Corporation, whose address is 5551
<br />Corporate Boulevard, Baton Rouge, LA 70808, (TIN: 72- 0640751)
<br />( "Grantee ").
<br />The Grantor, its successors and assigns, do hereby grant, sell
<br />and convey unto Grantee, its successors and assigns, a perpetual
<br />easement for the location, construction and maintenance of the
<br />outdoor advertising structure or structures and all necessary or
<br />desirable appurtenances on, over and upon the following described
<br />real property.
<br />A tract of land comprising part of the Park Reserve of Gilbert's Subdivision of Block 1,
<br />Gilbert's 2nd Addition to the City of Grand Island, Hall County, Nebraska, said tract being
<br />More particularly described as follows:
<br />Beginning at the Southeast corner of said Park Reserve; thence running South 61 °48'46"
<br />West on the Southerly line of said Park Reserve for Sixty -five (65.00) feet; thence
<br />North 28 °3 VOW West parallel with the Easterly line of said Park Reserve for Twenty (20.00)
<br />Feet; thence North 61 °48'46" East for Sixty -five (65.00) feet to a point on the Easterly line
<br />Of said Park Reserve; thence running on an assumed bearing of South 28 °31'00" East on the
<br />Easterly line of said Park Reserve for Twenty (20.00) feet to the Point of beginning.
<br />For and in consideration of the sum of Six thousand three hundred
<br />and no /100 ($6,300.00) and other good and valuable consideration
<br />to Grantor in hand paid by Grantee, the receipt and sufficiency of
<br />which is hereby acknowledged, Grantor herein grants a perpetual
<br />easement subject to the following terms and conditions:
<br />Easement shall consist of a perpetual servitude of use
<br />that runs with the land and shall include the right to service,
<br />maintain, improve or replace any outdoor advertising structure
<br />on the property described. This right shall include but not be
<br />limited to a right of ingress and egress, a right of overhang
<br />for electrical service, a right to maintain telecommunication
<br />devices (including but not limited to telecommunications towers
<br />and related ground facilities) and a right of view, prohibiting
<br />vegetation or improvements on the property described herein that
<br />would obstruct the view of advertising structure from the
<br />adjoining highway. Grantor agrees that Grantee may trim any or
<br />all trees and vegetation in, on or about the Easement as often
<br />as Grantee deems necessary to prevent obstruction or to improve
<br />the appearance of the structure. Grantee, its successors and
<br />assigns hereby specifically hold Grantor, its successors and
<br />assigns, free and harmless from any damages or injuries to any
<br />person_ or property caused by Grantee's construction or
<br />maintenance activities on the property described.
<br />Grantor warranted that it is the fee simple recorded owner of
<br />the real property to be subjected to this Easement, that such real
<br />property is not subject to any liens, that such real property is
<br />not encumbered by any restrictions, easements, covenants, leases or
<br />other rights that are in any way conflicting with or inconsistent
<br />with the conveyance herein made, and that Grantor has the right and
<br />authority to execute this Easement and to grant, sell and convey
<br />the rights set forth herein to Grantee.
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