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HomeMy WebLinkAbout938119 RECEIVED 4/8/2008 at 9:35 AM RECEIVING # 938119 BOOK: 691 PAGE: 528 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY Ö00528 RECIPROCAL EASEMENT AGREEMENT This RECIPROCAL EASEMENT AGREEMENT (the "Agreement") is made by MAFFEI COMMERCIAL, LLC, a Utah limited liability ("Commercial"), and MAFFEI COMMERCIAL II, LLC, a Utah limited liability company ("II") (collectively Commercial and II are hereinafter referred to as "the Parties"). RECITALS A. WHEREAS, Commercial is the owner of those certain parcels of land in Kemmerer, Lincoln County, Wyoming ("the Commercial Parcels"), more particularly described as: The Lots No. Seven (7), Eight (8), Nine (9) and Ten (10) of the Block No. Sixty-one (61) in the Second Addition to the Town of Kemmerer, County of Lincoln, State of Wyoming, as surveyed, platted and recorded in the Office of the Lincoln County Clerk and Ex-Officio Register of Deeds, together with all buildings and improvements thereon, or thereunto in anywise appertaining. Lots 11 and 12 of Block 61 of the second Addition to the Town of Kemmerer, Lincoln County, Wyoming as described on the official plat thereof. B. WHEREAS, II is the owner of those certain parcels of land in Kemmerer, Lincoln County, Wyoming ("the II Parcels"), more particularly described as follows: Lots 3, 4, 5 and 6 of Block 61 of Second Addition to the Town of Kemmerer, Lincoln County, Wyoming as described on the official plat thereof. C. WHEREAS,. because the Commercial Parcels and the II Parcels are adjacent to each other, the Parties desire to provide for reciprocal easements to provide for a common parking area across Lots 5, 6, 7, and 8 as described above. NOW THEREFORE, in consideration of the mutual promises and covenants contained in this Agreement, the Parties hereto agree as follows: 1 000529 1. Grant of Easement by Commercial. Commercial hereby grants to II and its "authorized users" a perpetual and non-exclusive easement for the purposes of vehicle parking on Lots 7 and 8 (as described above) and vehicular and pedestrian ingress and egress to and from the adjacent city street known as Pine Avenue to Lots 7 and 8, SUBJECT TO all covenants, conditions, easements, right-of-way, reservations and restrictions now ofrecord. 2. Grant of Easement by II. II hereby grant to Commercial and its "authorized users" a perpetual and non-exclusive easement for the purposes of vehicle parking on Lots 5 and 6 (as described above) and vehicular and pedestrian ingress and egress to and ftom the adjacent city street known as Pine A venue to Lots 5 and 6, SUBJECT TO all covenants, conditions, easements, right-of-way, reservations and restrictions now of record. The foregoing easement shall not apply to the portion of Lot 5 on which a building has already been erected as of the date of this Agreement. The term "authorized users" in Paragraphs 1 and 2 refers to each of the Party's tenants, owners, members, managers, and each of their respective agents, employees, customers, and invitees, but not the general public. The Parties and their authorized users shall no do nor permit any act or acts that will unreasonably prevent or hinder the easement rights of any other Party and its authorized users, except as provided below in Paragraph 5. 3. Purpose. The purpose of the reciprocal easements described in Paragraphs 1 and 2 is to provide a common parking area for the existing buildings presently located on the Commercial Parcels and the II Parcels, travel within such parking areas, and common and shared access from such parking acres to the adjacent city street. 4. Term. The reciprocal easements described in Paragraphs 1 and 2 shall continue indefinitely and shall run with the land and shall terminate only upon written agreement of all of the Parties or their respective successors in title. 5. Annual Right to Prohibit Access. Each ofthe Parties shall have the unrestricted right each January 1 (or such other date as they mutually agree) to erect barriers across the easements for the purpose of prohibiting the general public's access to and across the easements described in Paragraphs 1 and 2. Such barriers shall be erected for the exclusive purpose of interrupting the continuous use of the easements to prevent them ftom becoming a public thoroughfare. 7. Future Maintenance. All future maintenance of the parking areas on Lots 7 and 8 shall be the sole responsibility of Commercial, and all future maintenance of the parking areas on Lots 5 and 6 shall be the sole responsibility of II, without right of contribution by the other Party. IN WITNESS WHEREOF, the parties hereto have signed this Agreement on the dates indicated, to be effective as of the last date all parties have signed this Agreement. 2 COMMERCIAL: ð~~~?i Date ~/¿jlóf Date g Y~i5~" / 'ate ¿)/4'lttY I I Date State of Wyoming ) : ss. 000530 Maffei Commercial, LLC a Utah limited liability company ~,;æ£ ßj~ David M. Maffei, anager ~¢~fr/- Robert. afféÍ, Manager II: Maffei Commercial II, LLC a Utah limited liability company h;l1~~ David M. Maffei, anager K'..td f'Æ ßr- Robert J. ijitfei, nager ACKNOWLEDGMENT County of Lincoln ) The foregoing instrument was acknowledged before me this ~ day of April, 2008, by David M. Maffei and Robert J.iMaffei, in their capacities as managers of Maffei Commercial, LLC. MARISA HARTMANN NOTARY PUBLIC COUNTY OF . STATE OF LINCOLN WYOMING i MY COMMISSION EXPIRES FEIIRIMRY 5, 2012 : ~41az~À;h;ta#?( otary ubi 3 000531 ACKNOWLEDGMENT State of Wyoming ) : ss. County of Lincoln ) The foregoing instrument was acknowledged before me this ~ day of April, 2008, by David M. Maffei and Robert J. Maffei, in their capacities as managers of Maffei Commercial II, LLC. I ~ ~otary P . MAR1SA HARTMANN NOTARY PUBLIC COUNTY OF . STATE OF LINCOLN WYOMING MY COMMISSION EXPIRES FEBRUARY 5, 2012 4