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���.�.j`��2i2 <br />esta.blishes a perpetual easement for Grantee, its tenants, employees, invitees, <br />agents, successors or assigns for access to and use of the Parking Lot to park <br />vehicles, including, but not limited to, ingress and egress to the Parking Lot via <br />the existing curb cut near the Southwest corner of Grantor's Property that <br />leads to Apollo Drive, and for the purpose of performing ma.intenance and <br />repair of the Parking Lot pursuant to Paragraph 2 below (the "Parking <br />Easement") . The Parking Easement is subj ect to all existing easements and <br />restrictions of record affecting the Parking Lot. The parties agree and <br />acknowledge that this Parking Easement is non-exclusive and that the Parking <br />Lot may be used by Grantor or its successors or assigns for purposes of ingress <br />and egress and access to the Grantor Property, including any buildings or <br />improvements that Grantor may construct on the Grantor Property, provided <br />that no use of the Parking Lot by either party or their successors and assigns <br />shall unreasonably interfere with the other party's use of the Parking Lot or <br />Grantor's Property, as applicable. <br />2. Maiatenaace. <br />a. Grantee shall, at its sole expense, maintain, replace and repair the <br />Parking Lot, including snow removal, to the extent necessary to maintain the <br />same in a reasonably clean, safe and orderly condition, and in compliance with <br />all applicable laws, ordinances, and regulations. If the Parking Lot or the <br />Grantor Property shall be disturbed by the exercise of any of the foregoing <br />powers, then the portions damaged shall be repaired by Grantee insofar as is <br />reasonably possible. Provided, however, Grantor acknowledges and agrees that <br />the Parking Lot surface is not required to be maintained as asphalt and <br />Grantee may, at any time and in Grantee's sole discretion, modify and <br />maintain the surface of the Parking Lot with any substance that reasonably <br />supports vehicular use thereupon and allows the Parking Lot to be used as a <br />parking lot, provided such modification or maintenance is in compliance with <br />applicable law. <br />b. Notwithstanding anything to the contrary in paragraph 2.a., above, <br />Grantor shall be required to pay for any repair or maintenance that is <br />reasonably necessary due to the actions upon and/or use of the Parking Lot by <br />Grantor, its tenants, employees, agents, successors or assigns, normal wear <br />and tear excepted. <br />3. Biadiag Effect. This Agreement and the Parking Easement shall be an <br />appurtenance to the Grantee Parcel, shall burden the Grantor Parcel, and shall <br />run with the land and be an interest in realty, binding upon, inuring to the <br />benefit of, and enforceable by all owners of the Grantor Property and the <br />Grantee Property, and their respective transferees, successors and assigns. <br />4. Other Agreemeats. This Agreement shall constitute the entire easement <br />and agreement between the owners of the Grantor Property and the Grantee <br />4415784_6.DOC -2- <br />