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.. --rw rrum-NQnnCur r URAVtn oIM T9310 <br />3/5/98 DRAFT <br />PERMANENT EASMd= GRANT <br />THIS EASEMENT GRANT IS MADE THIS day of <br />1948, between SILVERVIEW ESTATES, INC., Grantor, <br />T-007 P.OZ/OT F-484 <br />a Minnesota <br />corporation, of <br />and FIVE D. LIMITED, Grantor, a Minnesota corporation, of <br />(hereinafter <br />collectively referred to as ,Grantor") , and CITY OF MOUNDS VIEW, <br />Grantee, a municipal corporation organized under the laws of the <br />State of Minnesota, having its principal office located at 2401 <br />Highway 10, Mounds View, Minnesota 55112 (hereinafter referred to <br />as "City"). <br />1. c� szdPra escxipzion. In consideration of the <br />sum of $1.00 and ocher good and valuable consideration, receipt of <br />which is acknowledged, Grancor hereby grarts, sells, and conveys to <br />Cicy, its successors and assigns, a perpetual easement for signage <br />purposes and a perpetual easement for design_ improvement purposes, <br />including the purpases of constructing, laving, operating, <br />inspecting, maintaining, altering, re -pi -acing, repairing and putting <br />into operation all necessary public facilities and appurtenances of <br />said City, in, upon, over and across the following described real <br />estate owned by the Grantor situated in the County of Ramsey which <br />is described herein as the Easement Tract. <br />The Easement Tract is legally described an xnib?t A which is <br />attached hereto and incorporated herein. <br />2. erm of agement. The easement rights granted herein <br />shall be possessed and enjoyed by the City, its successors and <br />assigns, in perpetuity. <br />B. Ya esu gggess, and maintenance. The City, its <br />employees, contractors, and representatives s,aa? 1 have the right of <br />ingress and egress to and from the Easement Trac -- for the pu=.:ose <br />of constructing, laying, operating, inspecting, maincain:.ng, <br />altering, replacing, repairinq and putt .ng into operacion all <br />necessary public facilities and appurrenances of said City. Such <br />ingress and egress shall be limited to the Easement and to existing <br />public roads, if any, on the premises. <br />4. RicThre and, Restrictions of Grantor. Grantor shall have <br />the right to full use and enjoyment Of the Easement Tract except <br />for such use as may inter=ere with the exercise by the City of the <br />rights granted herein. Grantor shall acc ccnscm-uct or permit to .be <br />constructed any house, stwacturA, or obstruction on or over or <br />interfering with the construction, maincenance, repair, or aeaer <br />operation of any facilities or appur=e_^.arses cons.. ucted or <br />permitted pursuant cc th..s instrument. Grantor further agrees that <br />SJ%139091 1 <br />N=10-22 <br />