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(B) Purpose. The purpose of the Monumentation Easement granted herein, and the easement
<br />granted over the Outlot Easement Area, is for the initial construction by Declarant of entrance monuments to the
<br />Property for the benefit of all current and future Owners of Lots and for the continuing maintenance thereof
<br />after construction, and for no other purpose.
<br />(C) Nonexclusive. The Monumentation Easement granted is nonexclusive, and the Owners of the
<br />Easement Areas, shall have the right to use the Easement Areas to the extent such use is not inconsistent with
<br />the rights declared in this Section.
<br />(D) Maintenance. Continuing maintenance of the entrance monuments contained within the
<br />Easement Areas and the Outlot Easement Area shall be the obligation and responsibility of the ACC. The
<br />anticipated costs of such maintenance shall be included in the ACC budget prepared pursuant to Article I,
<br />Section 1(E), above.
<br />(E) Duration. The Monumentation Easement shall be effective upon the recording of this
<br />Declaration, and shall terminate ten (10) years from the date of such recordation.
<br />(F) Binding Effect. Lot 1, Block 5 and Lot 1, Block 6, above - referenced, shall specifically be
<br />transferred, held, sold, conveyed and occupied subject to and together with the Monumentation Easement
<br />granted herein. The Monumentation Easement, prior to its termination as referenced above, shall be binding
<br />upon all parties having any right, title, or interest in the said Lots, and their respective heirs, successors and
<br />assigns, and shall inure to the benefit of each Owner of Lots elsewhere within the Property, and shall run with
<br />the land.
<br />(G) No Alteration. During the term of this Declaration, no alteration of the entrance monuments
<br />shall be effective, save and except for such maintenance as is required hereunder.
<br />(H) Enforcement. Any controversy or dispute involving this Monumentation Easement shall be
<br />settled by arbitration in accordance with the provisions set forth in Article V, below.
<br />Section 2. Conservation Easement. Portions of the Property have been made the subject of a
<br />conservation easement ( "Conservation Easement ") which has been, or will be, recorded by Declarant in favor of
<br />the City of Lino Lakes. As set forth in the instrument creating the Conservation Easement, the purpose thereof
<br />is to assure that those portions of the Property subject to the Conservation Easement remain in their current
<br />undisturbed condition, constitute scenic surroundings, and constitute a suitable habitat for wetland vegetation
<br />and/or wildlife In order to ensure that the boundaries of the Conservation Easement located on any Lot are,
<br />and shall remain, identified, Declarant initially shall place sign posts or other markings as required and
<br />approved by the City of Lino Lakes along the Conservation Easement boundary at locations selected and/or
<br />aproved by the said City, which said sign posts or other markings shall remain undisturbed, and may not be
<br />removed for any reason. Notwithstanding the foregoing, any future maintenance, repair or replacement of such
<br />sign posts or other markings shall be the responsibility of the ACC. Anticipated costs of any such maintenance
<br />shall be included in the ACC budget prepared pursuant to Article I, Section 1(E), above. Each Lot which is
<br />subject to the Conservation Easement shall be subject to an exclusive appurtenant easement over the Lot,
<br />exercisable by the ACC and its designees, for the purposes of such maintenance, repair, and replacement of sign
<br />posts and other markings referenced herein.
<br />Section 3. Easement for Inspection. The Property shall be subject to an exclusive appurtenant II
<br />easement on and over the Lots, exercisable by or on behalf of the ACC, for purposes of inspection of
<br />improvements, the construction of which has been approved by the ACC and for such other purposes
<br />reasonably necessary for the ACC to fulfill or perform any responsibility or obligation otherwise contained in
<br />this Declaration
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