Laserfiche WebLink
e <br />;I� � I � �� + <br />13. Amendment. The parties agree that the provisions of this Agreement may be modified or <br />amended, in whole or in part, or terminated, only by the written consent of 281 & Old Potash and <br />Roadhouse, evidenced by a document that has been fully executed and acknowledged by 281 & <br />Old Potash and Roadhouse and recorded in the public records of Ha11 County, Nebraska. <br />14. Mortga�e Subordination. Any mortgage, deed of trust or similar lien or encumbrance <br />(collectively, "Mort�a�e") affecting any portion of a Lot shall at all times be subject and <br />subordinate to the terms of this Agreement, except to the extent expressly otherwise provided <br />herein, and any party foreclosing any such Mortgage, or acquiring title by deed in lieu of <br />foreclosure shall acquire title subject to all of the terms and provisions of this Agreement. <br />15. Non-Dedication. Nothing contained in this Agreement shall be deemed to be a gift or <br />dedication of any portion of any Lot to the general public or for any public use or purpose <br />whatsoever, it being the intention of the parties hereto and their successors and assigns that <br />nothing in this Agreement, expressed or implied, shall confer upon any person, other than the <br />parties hereto and their successors and assigns, any rights or remedies under or by reason of this <br />Agreement. Any party hereto further reserves the right to close ofF its portion of the roadways <br />located on its Lot for such reasonable period of time as may be legally necessary, in the opinion <br />of such party's counsel, to prevent the acquisition of prescriptive rights by anyone; provided <br />however, that prior to closing off any portion of the roadway, as herein provided, the owner of <br />the Lot containing the roadway to be closed shall give written notice to each other party of its <br />intention to do so, and shall attempt to coordinate such closing with each other party so that no <br />unreasonable interference in the passage of pedestrians or vehicles sha11 occur. <br />16. Covenant Running with the Land. T'he rights, agreements, duties, obligations and <br />easeinents set forth in this Agreement shall be deemed to be covenants running with the land, <br />which rights, agreements, duties, obligations and easements shall remain in full force and effect <br />and be binding upon the owner of each Lot and its successors-in-title. The fee owner of each Lot <br />may grant the benefit of any easement conta.ined herein to the tenants and other occupants of the <br />Lots for the duration of such occupancy, and to the customers, employees, agents and business <br />invitees thereof, but such grant is not intended nor shall it be construed as creating any rights in <br />or for the benefit of the general public nor shall it affect any real property outside of the Lots. <br />Further, the provisions of this Agreement shall remain in effect perpetually to the extent <br />permitted by law. <br />17. Dama�e and Destruction. During periods of construction of improvements on a Lot, <br />whether initial improvements, reconstruction after damage or destruction, or redevelopment of a <br />Lot, the owner of such Lot shall have the right to prohibit or restrict use of the easements granted <br />herein as long as such construction is ongoing; provided, however, that such party shall <br />diligently pursue such construction to completion. The parties shall exercise their rights pursuant <br />to this paragraph in good faith and in a commercially reasona.ble manner. <br />18. Attorne, s�' Fees. In the event any action is taken to enforce the terms of this Agreement, <br />whether or not litigarion is commenced, the prevailing party in such action (as determined by the <br />fact finder) shall be entitled to recover from the other party the attorneys' fees and costs incurred <br />by such prevailing party with respect to such action. <br />{31858.25.A0469997.DOC;4} 5 <br />