PL PACKET 04202010 - Laserfiche WebLink

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(i) Removal of graffiti within forty-eight(48)hours. C. Taxes. Each Owner agrees to pay or cause to be paid, prior to delinquency, directly to the appropriate taxing authority, all real property taxes and assessments which are levied against the Tract owned by it (including any existing or future general and special assessments levied in connection with the Development property)on such Party's Tract. d. Buildings. Each Owner shall maintain all perimeter and exterior walls on its Buildings in a good condition and state of repair and shall maintain all Buildings and Improvements on its respective Tract in good order and condition and state of repair at their own expense, including, but without limitation, keeping all sidewalks, walkways, roadways, truck docks, receiving areas, parking areas and any other areas, facilities and equipment located upon such Tract at all times in a reasonably clean,unlittered, orderly and sanitary condition. a. Cub Mon. U.S. Bank hereby grants, for the benefit of the Cub Tract, a permanent non-exclusive easement for the construction and maintenance by Cub of a pylon sign (the "Cub Pylon") on a portion of the U.S. Bank Tract, as legally described on Exhibit N and pictorially shown on Exhibit A attached hereto ("Cub Pylon Easement Area"). Neither the height, size nor dimension of the Cub Pylon shall be greater than (without the consent of the Owner of the U.S. Bank.Tract, which consent shall not be unreasonably withheld) 31 feet in height, 13 feet 5 inches in width and one foot in depth. The design of the Cub Pylon shall be subject to the sole discretion of Cub, except the Cub Pylon shall not contain the name of any bank or other financial institution and shall be consistent with design standards of pylons in the Development and contain a masonry base. All costs of constructing, repairing and maintaining the Cub Pylon shall be the sole responsibility of Cub. b. Wal-Mart Pylon. Wal-Mart may construct a pylon sign (the "Wal-Mart Pylon") on the Wal-Mart Tract in the area pictorially shown on Exhibit A attached hereto. Neither the height, size nor dimension of the Wal-Mart Pylon shall be greater than 31 feet in height, 13 feet 5 inches in width and one foot in depth without the consent of the Developer, which consent shall not be unreasonably withheld. The design of the Wal-Mart Pylon shall be subject to the sole discretion of Wal-Mart and shall be consistent with design standards of pylons in the Development and contain a masonry base. All costs of constructing, repairing and maintaining the Wal-Mart Pylon shall be the sole responsibility of Wal-Mart. C. Developer Directional Monument Signs. Developer shall construct one directional monument sign for the benefit of Cub in the North right of way of 39'h Avenue N.E_ (the "Cub Directional Monument Sign") and one directional monument sign for the benefit of Wal-Mart in the South right of way of 39`h -21-