Agenda - Council - 09/09/1996 - Laserfiche WebLink

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I I I DECLARATION OF RECIPROCAL EASEMENTS THIS DECLARATION is made this ~day of ,1996, by the City of Ramsey (herein~ter "Ramsey"), a Minnesota Municipal Corporation, and First State Bank of Isanti (hereinafter "Bank"), a Minnesota Corporation, hereinafter collectively referenced as "Declarants". RECITALS: The City is the fee owner of that certain tract of land legally described as Lot 2, Block 1, Old School House No. 28 Addition, Anoka County, Minnesota; and Bank is the fee owner of that certain tract of land legally described as Lot 1, Block 1, Old School House No. 28 Addition, Anoka County, Minnesota. Said Lots 1 and 2, Block 1, Old School House No.: 28 Addition, are hereinafter referenced collectively aS the "Property". To effectuate and insure the common use and operation of the respective?l~)is on the Property, appropriate access to each of the lots, and the preservation of the values and maintenance of said lots, Declarants desire to subject the Property to the easements, covenants and agreements as hereinafter set forth, and to grant for the benefit of the respective lots certain reciprocal easement rights in, to, over and across the Property. NOW, THEREFORE, Declarants declare that the Property is and shall be held, transferred, sold, conveyed, and occupied, subject to the easements, covenants and agreements hereinafter set forth, which easements, covenants and agreements shall mn with the Property and shall be binding upon all parties and inure to the benefit of all Owners having any right, ritle, or interest in the Property or any part thereof, and their heirs, representatives, successors and assigns. 1. Recitals. The foregoing recitals are correct and are incorporated herein. Definitions. As used herein, the following words and terms shall have the following designated meanings: a) "Lots" shall mean Lot 1, Lot 2, or Lot 3, Block 1, River/47 Plaza Addition, Anoka County, Minnesota; Page 1 of 5