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RECIPROCAL INGRESS/EGRESS EASEMENT AGREEMENT <br />THIS RECIPROCAL INGRESS/EGRESS EASEMENT AGREEMENT (Agreement) is made and entered <br />as of July 11, 2023 (the Effective Date), by and between Ramsey Properties LLC, a Minnesota limited <br />liability company (Parcel A Owner) and The City of Ramsey, a Minnesota municipal corporation and <br />charter city operating under the laws of the State of Minnesota (Parcel B Owner). Parcel A Owner and <br />Parcel B Owner may, sometimes hereinafter, be referred to individually as an Owner or, collectively, the <br />Owners. <br />WITNESSETH: <br />WHEREAS, Parcel A Owner is the fee simple owner of certain undeveloped real estate legally described <br />on Exhibit A attached hereto (Parcel A); and <br />WHEREAS, Parcel B Owner is the fee simple owner of certain undeveloped real estate legally described <br />on Exhibit B. attached hereto (Parcel B). Parcel A and Parcel B may hereafter individually be referred to <br />as a Parcel or collectively as the Parcels; and <br />WHEREAS, the Parcel A Owner intends to construct a drive lane that extends from the public right-of-way <br />known Sunwood Drive NW on the boundary line between Parcel A and Parcel B, which drive lane serves <br />both Parcels (the Drive Lane), and the Owners wish to provide for, among other things, the shared use of <br />the Drive Lane; and <br />NOW THEREFORE, in consideration of the premises set forth above, the sufficiency of which is hereby <br />acknowledged, the parties hereto hereby agree as follows: <br />1. Recitals. The above recitals shall constitute an integral part of this Agreement. <br />2. Drive Lane Easement Area. The easement area comprising the Drive Lane (the Drive Lane <br />Easement Area) shall be defined as the area that is legally described and depicted on Exhibit C and <br />Exhibit C-1 attached hereto. <br />3. Access Easement: Temporary Construction Easement. <br />A. Parcel A Drive Lane Easement. Parcel A Owner hereby declares, grants, conveys and quit <br />claims to Parcel B Owner; and its successors, heirs and assigns, guests, tenants, employees, <br />agents, and other invitees, for the benefit of Parcel B, a nonexclusive, perpetual ingress and <br />egress easement on, over and across the portion of the Drive Lane Easement Area located <br />on Parcel A, for the purpose of providing vehicular ingress and egress to and from Parcel <br />B and Sunwood Drive NW. <br />B. Parcel B Drive Lane Easement. Parcel B Owner hereby declares, grants, conveys and quit <br />claims to Parcel A Owner, and its successors, heirs and assigns, tenants, guests, employees, <br />agents, and other invitees, for the benefit of Parcel A, a nonexclusive, perpetual ingress <br />and egress easement on, over and across the portion of the Drive Lane Basement Area <br />located on Parcel B, for the purpose of providing vehicular ingress and egress to and from <br />Parcel A and Sunwood Drive NW. <br />(collectively, the Access Easement) <br />