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02/09/23
Ramsey
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02/09/23
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(f) <br />against future construction of or use for any above ground improvements other <br />than curbs, light poles, paving, signage, landscaping and street signage. <br />Buyer shall have no obligation to contribute to maintenance costs within the <br />Overall Parcel except the annual maintenance and operation of the Critical <br />Access Drives shall be performed by Buyer following construction of the same. <br />From and after commencement of any development of any portion of Seller's <br />Residual, the cost of annual maintenance and operation of the Critical Access <br />Drives shall be shared by all owners of developed parcels and/or owners of <br />parcels in development within the Overall Parcel, pro-rata, based on the relative <br />acreage of each such parcel; <br />(g) Subject to the provisions of Subsection (f) above, Seller shall be responsible for <br />maintaining Seller's Residual at its sole cost and expense; <br />(h) Subject to the provisions of Subsection (f) above, Buyer shall be responsible for <br />maintaining the Property at its sole cost and expense; <br />(i) Restrictions on the future uses to be conducted on the Overall Parcel, as set forth <br />on Exhibit C, attached hereto; <br />(j) While any portion of the Overall Parcel remains undeveloped, the owner thereof <br />shall keep such portion seeded and mowed, and in a sightly condition; <br />(k) Reciprocal parking easements between the Property and that portion of the <br />Seller's Residual referred to herein and depicted on the Site Plan as "Outlot A"; <br />provided, however: (i) such parking rights in favor of Seller and/or Outlot A on the <br />Property shall not apply to, and Seller and/or Outlot A shall have no parking <br />easement or other rights with respect to, that portion of the Property referred to <br />herein and depicted on the Site Plan as "Buyer's Exclusive Parking Area", it <br />being the agreement and intent of Buyer and Seller that Buyer shall have the sole <br />and exclusive use of Buyer's Exclusive Parking Area; (ii) Buyer and Seller shall <br />each maintain the parking spaces, including the number and width thereof, along <br />with the parking spaces, parking lanes and parking bays, located on the Property <br />and Seller's Residual, respectively, at a minimum, in accordance with all <br />applicable laws without variance therefor; (iii) Seller's Residual shall contain <br />sufficient parking spaces in order to independently comply with all governmental <br />requirements without reliance upon and parking spaces located on the Property; <br />and (iv) the foregoing easement is to permit cross parking by retail customers <br />only; and <br />(I) <br />A non-exclusive temporary construction easement and right-of-way for the <br />benefit of the Property to the extent needed in accordance with good construction <br />practices, but only during a period of construction on the Property, on, over, <br />across and through the Overall Parcel for the purpose of providing a temporary <br />means of access for construction vehicles to and from the Property, for the <br />purpose of facilitating construction on the Property. All construction activities <br />5 <br />B: <br />S: <br />
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