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RECIPROCAL EASEMENT AND RESTRICTION AGREEMENT THIS RECIPROCAL EASEMENT AND RESTRICTION AGREEMENT (the “Agreement”) is made and entered into as of this ______________ day of _____________, 2016, by and between St. Anthony Village Center, LLC, a Florida limited liability company (“Village”) and the City of St. Anthony, a body corporate and politic under the laws of the State of Minnesota (“City”). Village and City, and their respective heirs, successors, and assigns, are referred to in this Agreement individually as an “Owner” and collectively as the “Owners.” RECITALS: A. City is the owner of a parcel of real property situated in the City of St. Anthony, County of Hennepin, State of Minnesota, legally described on the attached Exhibit “A” and identified as Lot 1 on the site plan attached to this Agreement as Exhibit “B” and made a part hereof (the “Site Plan”). B. Village is the owner of two (2) parcels of real property situated in the City of St. Anthony, County of Hennepin, State of Minnesota, legally described on the attached Exhibit “A” and identified as Lots 1 and 3 on the Site Plan which are contiguous to Lot 2. Lots 1, 2 and 3 are sometimes referred to herein singly as a “Lot” and collectively as the “Lots”. C. The Lots were developed as an integrated, compatible, and harmonious shopping center (collectively the “Shopping Center”). The parties hereto desire to subject each of the Lots to the easements and agreements hereinafter set forth, pursuant to a general plan of improvement of the Lots, and for the mutual benefit of the owners of any and all portions thereof, and their respective heirs, successors, assigns and tenants. D. The Lots are currently benefitted by and subject to that certain Access and Parking Easement dated November 2, 2006 and recorded on November 3, 2006 as Document Number 8888164 in the Office of the County Recorder of Hennepin County, Minnesota (the “Existing Access Easement”), and the parties hereto intend to replace the Access Easement in its entirety with this Agreement and easements contained herein. NOW, THEREFORE, in consideration of the mutual covenants and agreements herein set forth, the following covenants, conditions, restrictions, easements, and encumbrances shall be binding upon the Owners, and shall attach to and run with each respective Lot, and shall be for the benefit of the Owners, and their respective heirs, successors, assigns and Occupants. AGREEMENTS: 1. RECITALS. The above Recitals, including the definitions and exhibits, are incorporated into and made part of this Agreement by this reference. 2. TERMINATION OF EXISTING ACCESS EASEMENT. The Owners hereby terminate the Existing Access Easement in its entirety and the same shall no longer encumber or burden any of the Lots and the same shall hereafter be of no further force or effect. 3. GRANT OF EASEMENTS. 35