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200212224 The Grantors, for themselves, their heirs, executors, administrators, successors, and assigns, hereby covenant that no buildings, fences, or structures shall be erected or permitted on said tract, that they will not remove or intentionally damage the plantings, irrigation system or other landscape appurtenance within the easement area, and that the easement herein granted shall run with the title to such tract of land and be binding upon the Grantors, their successors and assigns. The Grantors, for themselves, their heirs, executors, administrators, successors, and assigns will be allowed to perpetuate the use of parking and drive access at all hard surfaced areas included within this easement and will retain the right to maintain, renovate, replace or relocate existing business signs which are in place at the time of execution of this agreement within the easement area subject to compliance with all local ordinances and regulations. In addition, the Grantors, for themselves, their heirs, executors, administrators, successors, and assigns, will be allowed to erect additional business signs within the easement area in compliance with all local ordinances and regulations. Notwithstanding anything herein to the contrary, this easement shall terminate if the City abandons its rights hereunder, which abandonment may be evidenced by an order of the District Court of Hall County making such finding, or by a sworn affidavit signed by the Mayor of the City of Grand Island acknowledging such abandonment. The City shall be deemed to have abandoned said rights if the City, or any agency thereof, fails to exercise any of the rights granted to it herein for a period of three years. DXFED: /sad— , 2002 J iY LONEY, Gr ntor G -3-