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EXi4ig►T 2 <br /> LIMITED USE AGREEMENT <br /> THIS LIMITED USE AGREEMENT ("Agreement") made and entered into as of this <br /> day of , 2015, by and between Margaret Krig and Gary Krig, owners of the <br /> property located at 8160 Red Oak Court, Mounds View, MN 55112, PID 06.30.23.13.0065 <br /> (hereinafter referred to as "Grantees") and the City of Mounds View, a Minnesota municipal <br /> corporation(hereinafter referred to as "Grantor"). <br /> WITNESSETH: <br /> A. The Grantees are the fee owners of the property described in the attached Exhibit A <br /> (the"Property"). <br /> B. The parties entered into a previous written agreement allowing the Grantees to <br /> construct an in-ground swimming pool partially within a public drainage and utility <br /> easement(the"Easement Area")affecting the Property. <br /> C. The Grantees require a limited use license to continue to use a portion of the existing <br /> Easement Area. <br /> D. The parties wish to supersede and replace the existing agreement with this <br /> Agreement. <br /> E. The portion of the Easement Area that the Grantees wish to continue using for the <br /> maintenance of the swimming pool is depicted in the attached Exhibit B (the <br /> "Subject Property"). <br /> THEREFORE, on the basis of the foregoing and upon the mutual undertakings and <br /> promises herein contained,the parties hereto stipulate and agree as follows: <br /> 1. Use of the Subject Property. Grantor warrants that it owns and has the right to grant a <br /> limited-use interest affecting the Subject Property. In consideration of the covenants and <br /> 1 <br /> 467428v3 SJR MU210-5 <br />