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Aldi EasementDocument Number 2017003586 Page 1 of 27 Doc N u m 2017003586 $145.00 04/18/2017 1232-42 Filed & Recorded in the Official Records of SHARON BLOUNT BAKER, CIRCUIT CLERK RY-.IFNNIFFR RIGGS THIS RECIPROCAL EASEMENT AND RESTRICTION AGREEMENT (this "A ement") is executed, delivered and made effective as of this jj!�-day of 1"1--D &j 1 2017 (the "Effective Date"), by and between Trustees of the Vista Bills lFree Will Baptist Church ("Vista"), and Aldi Inc. (Kansas), a Kansas corporation ("Aldi"). A. Aldi and Vista entered into that certain Real Estate Purchase Agreement, dated January 27, 2016, together with all amendments thereto (the "Purchase Agreement"), As a result, Aldi and Vista each own certain parcels of real property located at the southwest corner of Edwards Lane and Fayetteville Road in Van Buren, <s— Arkansas. A copy of a site plan that generally depicts the properties owned by each of --3the Parties is attached hereto and made a part hereof as Exhibit A. 0 B. Aldi's parcel, containing approximately 2.58 acres, is more particularly described on Exhibit B, attached hereto and made a part hereof (the ""Aldi Property"). C. Vista's parcel, containing approximately 5.04 acres, located adjacent to the Aldi Property, is more particularly described on Exhibit C, attached hereto and made a part hereof (the "Vista Property"; collectively, the Aldi Property and the Vista Property are sometimes referred to as the "Properties" and individually sometimes as a "Property"). D. In order to provide for, among other things, the coordinated development and operation of the Properties, the Parties have agreed to grant to the other certain easements upon the terms and conditions specifically provided for herein. In addition, the Parties have agreed to subject the Vista Property to certain restrictions on use and development, as hereinafter set forth. AGREEMENT NOW, THEREFORE, in consideration of the premises, as set forth in the foregoing Background Information, and of the mutual promises herein set forth, and other good and valuable consideration paid, the Parties do hereby agree as follows: Document Number 2017003586 Page 2 of 27 ARTICLE I Easements 1.01. Ingress/Egress Easement to Aldi. Subject to the terms and conditions set forth in this Agreement, Vista hereby grants and conveys to Aldi and its successors and assigns (including without limitation Aldi's employees, agents, and customers), as an easement appurtenant to the Aldi Property, for the benefit of the Aldi Property, a permanent, non-exclusive easement and right-of-way for the purpose of pedestrian and vehicular (including Aldi's delivery tractor trailers) ingress, egress, passage between and among the Properties and public roads, and traffic upon, over, across, and through the driveways (including, but not limited to, the "Critical Access Drive", generally depicted on Exhibit A, located on the Vista Property, as applicable), drive aisles, and walkways on the Vista Property, as they may exist and/or be modified from time to time. Vista hereby reserves the right to use the foregoing easement areas for all purposes that will not interfere with Aldi's full enjoyment of the rights granted hereby. Vista shall further have the right to relocate or otherwise modify any and all of such driveways, drive aisles, and walkways; provided, however, Vista shall not alter, relocate, or close the portions of the Critical Access Drive located on the Vista Property without the prior written consent of Aldi, which consent not to be unreasonably withheld, conditioned, or delayed. 1.02. Ingress/Egress Easement to Vista. Subject to the terms and conditions set forth in this Agreement, Aldi hereby grants and conveys to Vista and its respective successors and assigns, as an easement appurtenant to the Vista Property, a permanent, non-exclusive easement and right-of-way for the purpose of pedestrian and vehicular ingress, egress, passage between and among the Properties and public roads, and traffic upon, over, across, and through the driveways, drive aisles, and walkways on the Aldi Property as they may exist and/or be modified from time to time. Aldi hereby reserves the right to use the foregoing easement areas for all purposes that will not interfere with Vista's full enjoyment of the rights granted hereby. Aldi shall further have the right to relocate or otherwise modify any and all of such driveways, drive aisles, and walkways. 1.03. Parking Easement. a. Definitions, As used in this Agreement, "Church Parcel" and "Vista Parking Area" shall refer to those areas that are generally identified and depicted on Exhibit A. b. Except as specifically provided in Section 1.03(c) there shall be no easement for vehicular parking upon, over, and across the Properties granted by this Agreement. M Document Number 2017003586 Page 3 of 27 c. Notwithstanding anything in Section 1.03(b), and subject to the terms and conditions set forth in this Agreement and those specific conditions set forth in Section 1.03(d), Aldi hereby grants a non-exclusive easement in gross for the sole benefit of Vista for so long as Vista owns the Church Parcel for the limited purpose of passenger vehicular parking over, across, and through the 20 parking spaces situated within the Vista Parking Area and only by persons while they are attending a church function on the Church Parcel (the "Aldi Parking Easement"). Aldi hereby reserves the right to use the foregoing easement areas. Aldi shall have the right to relocate, or otherwise modify, any and all of the Vista Parking Area; provided, however, that Vista shall at all times be entitled to access to 20 parking spaces on the Aldi Property. The Aldi Parking Easement shall automatically terminate immediately upon occurrence of either of the following: (i) a transfer by Vista to a third party of any interest in the Church Parcel, whether in whole or in part, or by sale, lease, license, or otherwise; or (ii) Vista no longer operates a church on the Church Parcel (an "Aldi Parking Easement Termination Event"). Vista hereby agrees to provide 10 days written notice prior to an Aldi Parking Easement Termination Event and that Aldi shall not be required to provide notice, or take any other action, prior to enforcing its rights after an Aldi Parking Easement Termination Event. Aldi and Vista expressly agree that they do not intend for the Aldi Parking Easement to be a covenant running with the land. d. The parking easement granted by Aldi described in 1.03(c) shall be conditioned upon the following, i. Vista shall maintain the parking spaces, including the number and width thereof, along with the parking spaces, parking lanes and parking bays, located on the Vista Property, at a minimum, in accordance with all applicable laws without variance therefor; ii. the Vista Property shall contain sufficient parking spaces in order to independently comply with all governmental requirements (without variance) without reliance upon any parking spaces located on the Aldi Property; and iii. Vista shall only be permitted to use the Vista Parking Area during 25 days per calendar year. 1.04. Utility. Easement to Aldi. Subject to the terms and conditions set forth in this Agreement, Vista hereby grants and conveys to Aldi and its successors and assigns, as an easement appurtenant to the Aldi Property, a permanent, non-exclusive easement over, under and across the Vista Property as may be necessary for the installation, operation, flow, passage, use, maintenance, connection, repair, relocation, -3- Document Number 2017003586 Page 4 of 27 and removal of utility lines, connections, and related improvements (collectively, "Utility Lhmwe^ and individually, o "Utility LAna.), together with the right of >ngn*oo and egress for the foregoing purposes. Utility Lines inu|ude, but are not limited to, sanitary sewers, storm drains, water (fine and domestic), gae, e|aoUjcai and telephone and other communication lines. Vista shall have the right to relocate a Utility Line located upon its Property atany time upon 30-doys prior written notice to/Ndi; provided, however, that such relocation (a) shall not interfere with or diminish the utility mawioe to the AJdi Property; shall not reduce or unreasonably impair the usefulness or function of such Utility Lime; (b)shmU be performed without cost mrexpense hyAWi; and (n) shall be completed using materials and design standards which equal or exceed those originally used. A|dinheU instaU, maintain, and napiaom, atits sole cost and expense and in e good condition, its UUUh/ Lines that are located on the Vista Property (unless the provider of the service or a governmental or quasi -governmental authority has agreed to me|nbsio such Utility Line). Any |nstoUaUun, maintenance, vopair, na(ocetion, and removal of Utility Lines located on the Vista Property shall be performed in such o manner as to cause as little disturbance in the use of the Vista Property as is practicable under the circumstances. Following A/di'a inskaUetion, mainbmnanuo, or replacement of a Utility Line on the Vista Property, Aldi shall restore the affected portion of the Vista Property to a condition equal to or better than the condition which existed prior tucommencement cfsuch work. 1.04. TeMDorary Construction Easement to Aldi, Subject to the terms and conditions set forth in this Agreement, Vista hereby grants and conveys toAldiand its successors and assigns (including vN#)ouk limitation /QdYo employees, agents, and contractors), a non-exclusive temporary construction easement and hght-of-woyfor the benefit of the Aldi Property, but only during a period of construction on the Aldi Property and to the extent needed in accordance with good construction pnocticem, on, over, aoroao, and through the Vista Property for the purposes of facilitating construction on the Aldi Property and the construction of the detention facilities contemplated by Section 1.05 bo|mw, providing mtemponery means ofaccess for construction vehicles to and from the A|di Propedy, and facilitating construction of such improvements on the A|di Property and the construction of such detention facilities. Such construction activities shall be performed in such a manner as to cause as little disturbance in the use of the Vista Property as is practicable under the circumstances. Similarly, any construction activities shall be performed mnthe Vista Property muusho minimize interference with the business activities conducted on the Aldi Property, and Vista covenants and agrees to request that all future tenants and assignees of the Vista Property to conduct all activities soasiuminimize interference with the business activities conducted on the A|diPvmporty. 1l5 Detention Easement to Aldi. Subject to the terms and conditions set forth in this Agreement, Vista grants and conveys to Aldi and its successors and assigns, as an easement appurtenant tothe Aid! Property, a pnrpetua|, non-exclusive easement over and across the portion of the Vista Pnmpedy, generally depicted on Exhibit E as the "Proposed Drainage Easenment^, as may be necessary for the purposes of constmmbng, inataUing, using, ma|nha|ning, modKying, repairing and nap|mo|ng a -4- Document Number 2017003586 Page 5 of 27 storrnwater detention pond together with stormwater pipes, connections and related improvements connecting the Aldi Property to such stormwater detention pond (collectively, as the same may exist from time to time, the "Detention Facilities"), together with the right of inflow into and outflow out of the Detention Facilities. The Proposed Drainage Easement and the portion of the Detention Facilities located on the Vista Property shall not be modified, removed or relocated without the prior written consent of Aldi, Vista hereby reserves the right to drain stormwater solely from the Vista Property into such stormwater detention pond within the Proposed Drainage Easement, provided that such drainage does not materially and adversely impact the Aldi Property and/or overburden the stormwater detention pond within the Proposed Drainage Easement. Only the Aldi Property and the Vista Property shall have the right to use the Proposed Drainage Easement and no other property shall have the right to drain stormwater into the Proposed Drainage Easement. ARTICLE 11 Restrictions 2.01. Use Restrictions. Vista, for itself, its successors, and its assigns, hereby declares and imposes on the Vista Property, for the benefit of the Aldi Property, the restrictions on use as set forth on Exhibit D, attached hereto and made a part hereof. ARTICLE III Maintenance Obligations 3.01. Construction, Maintenance and Repair of the Properties. Subject to the provisions hereinafter set forth: (a) Subject to subsection (c) below, Vista shall, at its sole cost, maintain, or cause to be maintained, the Vista Property and shall construct and maintain all of the improvements thereon, at all times, in a good and safe condition and state of repair, Further, while any portion of the Vista Property remains undeveloped, Vista shall also, at its sole cost, keep the Vista Property seeded and mowed and in a sightly condition, (b) Subject to subsection (c) below, Aldi shall, at its sole cost, maintain or cause to be maintained the Aldi Property and shall construct and maintain all of the improvements thereon, at all times, in a good and safe condition and state of repair, Further, while any portion of the Aldi Property remains undeveloped, Aldi shall also, at its sole cost, keep the Aldi Property seeded and mowed and in a sightly condition. (c) Aldi shall be responsible for the future maintenance, repair and/or replacement of the entire stormwater detention pond located within the Proposed Stormwater Easement; provided, however (i) such costs shall be shared by all owners of parcels within the Properties which are using the Proposed Stormwater Easement, pro-rata, based on the relative square footage of each such parcel, (ii) Vista, for so long as the Trustees of the Vista Hills Free Will Baptist Church owns the Vista Property, shall -5- Document Number 2017003586 Page 6 of 27 be responsible, at Vista's sole cost and expense, to perform the mowing (and all other lawn maintenance) within the Proposed Stormwater Easement. Vista may elect (by ,delivering written notice to Aldi) for Aldi to perform such mowing (and all other lawn maintenance) and Aldi shall perform the same, subject to the reimbursement in subsection (i) immediately above. (d) A Party shall pay any reimbursement or payment obligation due under this Agreement within 30 days after receiving from the applicable Party an invoice therefor, together with supporting invoices and other materials (reasonably satisfactory to the Party obligated to pay/reimburse) setting forth the actual and commercially reasonable costs for which the Party obligated to pay/reimburse is liable under this Agreement. ARTICLE IV Insurance; Indemnification 4.01. Insurance. Each Party shall, at its own expense, obtain, carry, and keep in force commercial general liability insurance against any liability or claim for personal injury, wrongful death, or property damage for which the Party is responsible to the other under this Agreement or by law, with financially responsible insurers authorized to transact insurance business in the State of Arkansas, with a combined single limit of not less than $1,000,000.00 per occurrence. Such insurance shall include all of the coverage typically provided by the Broad Form Comprehensive General Liability Endorsement. Such insurance may be written by additional premises endorsement on any master policy of insurance which may cover other property in addition to the Properties which form the subject of this Agreement; provided that the insurer shall provide a schedule to each Party showing that the coverage provided by such policy shall (a) meet the requirements of this Agreement; (b) not be reduced by any claims made with respect to other properties; and (c) be in such amount as will preclude the insureds from being held to be co -Insurers. The policies shall name Aldi and Vista as additional insureds (as their interests may appear) and shall provide that they may not be canceled without 30 days' prior written notice to both insureds. Upon request, each Party shall provide to the other a certificate of insurance evidencing such coverage. Notwithstanding the foregoing provisions hereof to the contrary, Aldi shall have the right to self -insure so long as the tangible net worth of Aldi, or the entity which owns a controlling interest of Aldi, exceeds $100,000,000 and the self -insuring Party is consistently able to meet its financial obligations as they mature. 4.02. Indemnification. (a) By Vista. Except for injuries, deaths, losses, damages, or other matters resulting from the acts or omissions of Aldi or of Aldi's agents, employees, servants, contractors, and licensees, Vista shall indemnify Aldi and save it harmless from and against all loss, liability, damage, actions, causes of action, or claims for injury, death, loss, or damage of whatever nature to any person, property, or business interest caused by, or resulting from, an act or omission of Vista or of Vista's agents, employees, 6- Document Number 2017003586 Page 7 of 27 servants, contractors, or licensees arising out of Vista's use and occupancy of the Vista Property and from and against any and all costs, expenses, or liabilities (including reasonable fees of attorneys, paralegals, experts, court reporters, and others) incurred by Aldi in connection with any claim, action, or proceeding in respect of any such loss, liability, damage, or claim. (b) By Aldi. Except for injuries, deaths, losses, damages, or other matters resulting from the acts or omissions of Vista or of Vista's agents, employees, servants, contractors, and licensees, Aldi shall indemnify Vista and save it harmless from and against all loss, liability, damage, actions, causes of action, or claims for injury, death, loss, or damage of whatever nature to any person, property, or business interest caused by, or resulting from, an act or omission of Aldi or of Aldi's agents, employees, servants, contractors, or licensees arising out of Aldi's use and occupancy of the Aldi Property and from and against any and all costs, expenses, or liabilities (including reasonable fees of attorneys, paralegals, experts, court reporters, and others) incurred by Vista in connection with any claim, action, or proceeding in respect of any such loss, liability, damage, or claim. 4.03, Lien Removal. If, as a result of either Party's (the "Contracting Party's") exercise of any of the rights granted to it in this Agreement to enter onto and/or perform work upon the other Partys Property, a lien is filed by any contractor, subcontractor, laborer, or materialman, then the Contracting Party shall discharge, bond, or otherwise remove each such lien within 30 days following written notice from the other Party. If the Contracting Party fails to so discharge, bond, or otherwise remove any such lien within such period of time, the other Party may do so, and the Contracting Party shall reimburse the other Party upon demand therefor for the reasonable cost thereof, including, without limitation, reasonable attorney fees incurred in discharging such lien and Interest (as defined in Section 6.02(a) below), ARTICLE V Damage and Destruction 5.01. The Aldi Improvements. In the event the improvements on the Aldi Property (the "Aid! Improvements") are either destroyed or damaged by fire, flood, earthquake, or other casualty, Aldi shall have no obligation, under this Agreement, to repair, rebuild, or restore the Aldi Improvements. However, if Aldi elects to repair, rebuild, or restore the Aldi Improvements after any such damage or destruction, all construction activities undertaken in connection therewith shall be conducted so as to minimize interference with Vista's use of the Vista Property and the rights granted to it under this Agreement. If Aldi elects not to repair, rebuild, or restore the Aldi Improvements after any such damage or destruction, Aldi shall raze the damaged improvements and either pave the razed area or seed and maintain such area. The easements granted to Vista pursuant to Article I hereof shall continue in full force and effect, 5.02. The Vista Improvements, IN Document Number 2017003586 Page 8 of 27 (a) Subject to Section 5.02(b), in the event the improvements on the Vista Property (the "Vista Improvements") are either damaged or destroyed by fire, flood, earthquake, or other casualty, Vista shall have no obligation, under this Agreement, to repair, rebuild, or restore the Vista Improvements, except that Vista shall be obligated to repair, rebuild, or restore the Critical Access Drive. In the event Vista repairs, rebuilds, or restores the Vista Improvements after any such damage or destruction, all construction activities undertaken in connection therewith shall be conducted so as to minimize interference with Aldi's use of the Aldi Property and the rights granted to it under this Agreement. If Vista elects not to repair, rebuild, or restore the Vista Improvements after any such damage or destruction, Vista shall raze the damaged improvements and either pave the razed area or seed and maintain such area. The easements granted to Aldi pursuant to Article I hereof shall continue in full force and effect. ARTICLE VI Defaults and Remedies 6.01. Defaults. If any Party (the "Defaulting Party") should fail to observe any of the terms, conditions, restrictions, or provisions of, or should fail to perform any of its covenants or obligations under this Agreement within a period of 30 days after the other Party (the "Non -Defaulting Party") has given to the Defaulting Party written notice thereof, then the Defaulting Party shall be in default under this Agreement; provided that if the obligation is of such a nature that the same cannot, with due diligence, be reasonably performed within such 30-day period, then such default shall be deemed to have been cured if the Defaulting Party commences such performance within such 30- day period and thereafter completes the same with due diligence and within a reasonable time. If a default has occurred and is not cured within the time period specified in this Section 6.01, then the Non -Defaulting Party shall have all of the rights and remedies afforded to it set forth in Section 6.02 hereof (whether or not they are expressly provided by statute or recognized by judicial precedent) and by law. Any right or remedy afforded to the Non -Defaulting Party may be exercised and enforced independently or concurrently at any time that such default remains uncured without waiving any of the Non -Defaulting Party's other rights or remedies, and all of which shall, to the extent applicable, survive the termination of any right granted in this Agreement. 6.02. Remedies. (a) Cure, Following the expiration of the applicable cure period, the Non - Defaulting Party may, at its election, cure any default of the Defaulting Party under this Agreement, and, if the Non -Defaulting Party should do so, then it shall be entitled to be reimbursed for all reasonable and documented costs and expenses expended by it in connection therewith, together with interest ("Interest") thereon at the lower of (i) the rate of 10% per annum or (H) the maximum rate permissible from time to time under applicable law, from the date of the expenditure or the date when it shall have become -8- Document Number 2017003586 Page 9 of 27 due to the date of payment in full. Such costs, expenses, and Interest shall be payable upon demand and presentation of such documentation. Any provision of this Agreement to the contrary notwithstanding, all sums due from a Party under the provisions of Article VI of this Agreement shall be in all respects subject and subordinate to the lien of any mortgages or deeds of trust at any time or from time to time encumbering the Property of the Defaulting Party and to the.rights of the holder(s) of any indebtedness secured by the same. (b) Civil Actions. Following the expiration of the applicable cure period and in order to enforce the rights and remedies available to it, the Non -Defaulting Party may bring an action against the Defaulting Party (i) for the specific performance of any obligation undertaken by the Defaulting Party in this Agreement, (ii) for injunctive or other equitable relief, or (iii) for damages in any court of competent jurisdiction for Crawford County, Arkansas or such other jurisdiction as may be agreed to between the Parties. 6.03. Obstruction Events, Notwithstanding anything to the contrary contained in this Agreement, in the event vehicular access to the Aldi Property is obstructed due to an obstruction on the Vista Property (including, but not limited to, the Critical Access Drive) or an activity of an Vista Permittee (each such event, a "Vista Obstruction Default"), Aldi may notify Vista by any means reasonable under the circumstances, including via facsimile or telephone, of the Vista Obstruction Default and demand that the Vista Obstruction Default be remedied. If, after 24 hours after such notice has been provided, Vista has not (i) remedied the Vista Obstruction Default or (ii) commenced to remedy the Vista Obstruction Default and thereafter remedied such Vista Obstruction Default within 24 hours, Aldi shall have the right (but not the obligation) to remedy the Vista Obstruction Default (including the right to enter upon the Vista Property) and shall be reimbursed by Vista for the reasonable costs for such remedy in accordance with the provisions of Section 6.02(a) above. Further, and notwithstanding anything to the contrary contained in this Agreement, in the event vehicular access to the Vista Property is completely obstructed due to an obstruction on the Aldi Property or an activity of an Aldi Permitee (each such event, an "Aldi Obstruction Default"), Vista may notify Aldi by any means reasonable under the circumstances, including via facsimile or telephone, of the Aldi Obstruction Default and demand that the Aldi Obstruction Default be remedied. If, after 24 hours after such notice has been provided, Aldi has not (i) remedied the Aldi Obstruction Default or (ii) commenced to remedy the Aldi Obstruction Default and thereafter remedied such Aldi Obstruction Default within 24 hours, Vista shall have the right (but not the obligation) to remedy the Aldi Obstruction Default (including the right to enter upon the Aldi Property) and shall be reimbursed by Aldi for the reasonable costs for such remedy in accordance with the provisions of Section 6.02(a) above. The use of parking spaces in the Seller Parking Area by Aldi Permittees shall not constitute an Aldi Obstruction Default, ARTICLE VII Notices; Notice of Transfer MI ;a_/P Document Number 2017003586 Page 10 of 27 7.01. Notices, Any notice or other communication required or permitted to be given to a Party under this Agreement shall be in writing and shall be deemed effective upon delivery (or refusal of delivery) when transmitted by one of the following methods to such Party at the address set forth at the end of this Section 7.01: (a) via a nationally recognized overnight delivery service (such as FedEx or UPS); (b) by facsimile, provided, however, that if any notice is given by facsimile, a copy shall also be sent on the same day for next day delivery by overnight delivery service as provided in the preceding clause (a); or (c) by certified mail, postage prepaid, return receipt requested. Either Party may change its address for notice by giving written notice thereof to the other Party at least ten (10) business days prior to the effective date of such change of address. The address of each Party for notice initially is as follows: (a) If intended for Vista, to: Vista Freewill Baptist Church c/o Jimmy Bell Real Estate Company Attn: Mason Shirey 1031 Fayetteville Road Van Buren, AR 72956 Fax#: (b) If intended for Buyer, to: Aldi Inc. (Kansas) Attn: Director of Real Estate 10505 S. K7 Highway Olathe, Kansas 66061 Fax #: (913) 768-1069 7.02. Notice of Conveyance. Subject to Section 1.03(c), if a Party (a "Conveying Party") should convey its fee interest in and to its Property (or any portion thereof) to another person, it shall promptly notify the other Party of such conveyance in the manner provided in Section 7.01 hereof, Such notice shall contain the name of the grantee and the address of such grantee for purposes of receiving notices hereunder. Unless and until a Conveying Party notifies the other of a conveyance of its fee interest in and to its Property as provided for herein, notices addressed to the Conveying Party as provided for in Section 7.01 shall continue to be effective, but the other Party may also send notices that shall be deemed effective hereunder to such grantee at the tax mailing address listed for such grantee on the books of the County Assessor of Property, until such time as the grantee has notified the other Party of a different notice address in the manner provided in Section 7.01 hereof. ARTICLE Vill Miscellaneous Provisions 8.01. Successors and Assigns. This Agreement shall inure to the benefit of and -10- 4-- Document Number 2017003586 Page 11 of 27 be binding upon the respective successors and assigns (including successive, as well as immediate, successors and assigns) of the Parties. 8.02. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the state in which the Properties are situated. For all litigation, disputes and controversies which may arise out of or in connection with this Agreement, the undersigned hereby waive the right to trial by jury and consent to the jurisdiction of the courts in the state in which the Properties are situated. In the event either Party hereto brings or commences legal proceedings to enforce any of the terms of this Agreement, the successful Party shall then be entitled to receive from the other Party(s), in every such action commenced, a reasonable sum as attorneys' fees and costs, including all fees and costs incurred upon any appeals, to be fixed by the court in the same action. 8.03. Restoration. Subject to the terms and conditions set forth herein, if, as a result of the exercise of any easement rights created under this Agreement, a Party shall damage or disturb the improvements of another Party, the Party causing such damage or disturbance shall, at its sole expense, promptly repair or restore the Property of such other Party to, as nearly as possible, the condition existing prior to such damage or disturbance. 8.04. Duplicate Originals. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be a duplicate original, but all of which, taken together, shall constitute a single instrument. Signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signature pages are physically attached to the same document. 8.05. Article and Section Ca Lions. The Article and Section captions contained in this Agreement are included only for convenience of reference and do not define, limit, explain, or modify this Agreement or its interpretation, construction, or meaning and are in no way to be construed as a part of this Agreement. 8.06. Severability. If any provision of this Agreement or the application of any provision to any Person or any circumstance shall be determined to be invalid or unenforceable, then such determination shall not affect any other provision of this Agreement or the application of said provision to any other person or circumstance, all of which other provision shall remain in full force and effect. 8.07. Amendments in , Writing. No change, amendment, termination, or attempted waiver of any of the provisions of this Agreement shall be binding upon any Party unless in writing and signed by the Parties. 8.08, Agreement for Exclusive Benefit of Parties. The provisions of this Agreement are for the exclusive benefit of the Properties, the Parties (and their successors and assigns), and the Permittees of the Parties. This Agreement shall not be deemed to have conferred any rights, express or implied, upon any other persons. C-1 Document Number 2017003586 Page 12 of 27 8.09. No Partnership, Joint Venture or Principal-Aqencv Relationship. Neither anything contained in this Agreement nor any acts of the Parties shall be deemed or construed by the Parties, or either of them, or by any third person, to create the relationship of principal and agent, of partnership, of joint venture, or of any association between the Parties to this Agreement. 8.10. Reasonableness of Consent or Approval/Further Actions. Whenever a Party is entitled to exercise some right under this Agreement only with the prior consent or approval of another Party, such consent or approval shall not be unreasonably withheld or delayed. If a Party is required to obtain the written consent or approval of another Party to effectuate a plat, subdivision, or lot split of such Party's property, the other Party shall not unreasonably withhold, condition, or delay such written consent or approval. 8.11. Covenants Run With the Land. Except as to the Aldi Parking Easement, it is intended that the covenants, easements, agreements, promises, and duties of each Party, as set forth in this Agreement, shall be construed as covenants, and not as conditions, and that all such covenants shall (subject to the provisions of Section 8.14 hereof) be enforceable against the covenantor and shall also run with the land or constitute equitable servitudes as between the Property of the respective covenantor, as the servient tenement, and the Property of the respective covenantee, as the dominant tenement. If a Property is subdivided and sold, any obligation or expense attributed to a subdivided parcel shall be deemed an expense of such subdivided parcel and the then owner thereof. Any owner of a Property which is the subject hereof may grant the benefit of, or allow the use of, any right, easement, or interest hereunder to any Permittee of any owner from time to time; provided that any such Permittee shall have no greater rights than its permitter and shall took solely to its permitter (or to such permittor's successors or assigns), in each case, for the enforcement of the provision of this Agreement. 8.12. No Merqer. All of the provisions of this Agreement are for the mutual benefit and protection of the present and all future owners of the Properties, and if there should at any time be common ownership of any of the Properties, or any estate therein, then it is the intention of the Parties that there be no merger into the respective fee simple estates of the rights and benefits and the obligations and burdens of this Agreement, but rather that such rights and benefits and such obligations and burdens shall be separately preserved for the benefit of all future owners of the fee simple estates in the Properties. 8.13. No Dedication. Nothing in this Agreement shall be deemed to constitute a gift, grant, or dedication of any portion of the Aldi Property or the Vista Property to the general public or for any public purpose; provided that the Parties shall have the right to extend the benefit of any of the easements granted herein to any governmental unit, public body, and/or utility company for the purpose of the construction, installation, operation, maintenance, repair, relocation, modification, extension, or alteration of Utility -12. IL/ B�c LI Document Number 2017003586 Page 13 of 27 Lines and related facilities, but such grant shall be subject to the terms and conditions hereof. 8.14. Termination of Liability Upon Transfer. If the owner of a Property should transfer its fee simple interest (or any portion thereof) in and ownership of such Property, then the obligation and liability of the transferor for the performance or breach of any covenant or provision contained in this Agreement, occurring after the date of such transfer, shall automatically be terminated with respect to only the portion of the Property conveyed', and the transferee, by the acceptance of the conveyance of such fee simple interest, shall automatically be deemed to have accepted, assumed, and agreed to observe or perform all such covenants or provisions after the date of such transfer, 8.15. Definition of Certain Terms. As used in this Agreement, the term "Person" means a corporation, association, partnership, limited liability company, trust, estate, governmental agency, or other entity, as well as an individual or natural person, unless the context otherwise requires. The term "Permittee" means the respective employees, agents, customers, contractors, licensees, guests, and invitees of Aldi and Vista. The term "Party" means Aldi or Vista individually (or "Parties" shall mean Aldi and Vista collectively) and their respective successors and assigns. The term "business day" when used herein shall mean a weekday, Monday through Friday, except a legal holiday or a day on which banking institutions in the State of Florida are authorized by law to be closed. 8.16. Index of Exhibits. The following exhibits attached to this Agreement are hereby incorporated herein: Exhibit A — Site Plan Exhibit 6 — Aldi Property Legal Description Exhibit C — Vista Property Legal Description Exhibit D — Use Restrictions Exhibit E — Drainage Easement IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their duly authorized representatives, to be effective as of the date first above written. [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] Signature and Acknowledgment Pages Follow -13- Document Number 2017003586 Page 14 of 27 EASEMENT AND RESTRICTION AGREEMENT (Vista Signature and Acknowledgment p. 1 of 2) Vista: Trustees of the Vista Hills Free Will Baptist Church Printed Name: By: Tim Adair Its: Pastor and Member of Board of Directors Printed Name: Date: Witnesses: Printed Name: Printed Name: Witnesses: Printed Name: Printed Name: By: C�L pv�U� .. . Cahn Phillips Its: Member of Board of Directors Date: '4- 13 -- 1'7 By: P > Billy Clark' Its: Member of Board of Directors Date: Lq -- 13 — I 14 �LR. Document Number 2017003586 Page 15 of 27 EASEMENT AND RESTRICTION AGREEMENT (Vista Signature and Acknowledgment p. 2 of 2) STATE OF k-�_ SS COUNTY OF QM` Art ) 2017, before me, On his the day of (Aw the undersigned officer, personally appeared Tim Addir, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he executed the same for the purposes therein contained. In �IQ h I I hereunto set my hand and official seal. sswrefof ( NotaryyPdblic PP @ RICKY DICKENS CRAWFORD COUNTY Printed Name: Ck 4 F NOTARY PUBUO - ARKANSAS My Commission Expires July 11, 2021 Commission .12383249 My Commission Expires: 12 Notary Public STATE OF SS COUNTY OF 1 '2 44,25 / --in this the "D day of , 1 1 2017, before me, I J� &%S the undersigned I�L k- , it, 7 - ned officer, personally appeared J6hn Phillips, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that she executed the same for the purposes therein contained. In with s whereof I' ere nto set my hand and official seal. ... .... ... Notary Public JLA Printed Name: ken, CRAWFORD COUNTY My Commission Expires:OMT, NOTARY PuCLIC -ARKANSAS MY Commission E�,pf,,, July 11 2WJ sLo -7 It I-zczl , ZMEREM4. 15 'A )E Pr Document Number 2017003586 Page 16 of 27 STATE OF 1W COUNTY 0 SS On this the day of C(' i kJ 2017, before me, (L�4 401e-kev)-� the undersigned officer, personally appear Billy Clark, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he executed the same for the purposes therein contained. In witne$s hereof I hereunto set my hand and official seal. X Notary Public Printed Name: KENS CRAWFORO COUNTY NOTARY PUBLIC- ARKANSAS My Commission Expires: My Commission EXPI'asJuly 11 102, - - C7 lit My Commission j Notary Public 16 F-1 C Document Number 2017003586 Page 17 of 27 EASEMENT AND RESTRICTION AGREEMENT (Aldi Signature and Acknowledgment Page) Witnesses: Printed Name: Era L-Lgj Printed Name: f&'iT E, am Aldi Inc. (Kanas), a Kansas corporation By: - 7461--- G. Mark Bersted, Vice President Date: h Y//? On this the day of A-rvi-I 1 2017, before me, the t kundersigned officer, personally appeared e d,--Wa--rk Bersted, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he executed the same for the purposes therein contained. In witness whereof I hereunto set my hand and official seal. Notary Public Printed Name: OKIT' nff- My Commission Ex ire N1 1 051 Iq 17 Document Number 2017003586 Page 18 of 27 MM [See Attached] 18 1-41-11 - Document Number 2017003586 Page 19 of 27 The "Vista Property' is Tracts 1 and 3 of the above plat. The "Aldi Property" is Tract 2. The "Church Parcel" is Tract 3. 19 Document Number 2017003586 Page 20 of 27 fat qq U qml4j mp IN N SAROMME "In 12W VAIUY iW,�MUPX, f Document Number 2017003586 Page 21 of 27 IR " 0 i a --". --I. J I It-t' 7r 43 T Document Number 2017003586 Page 22 of 27 EXHIBIT B Aldi ftgu",v Legal Ugagriglign Tract 2, Block 1 of that certain final plat called "Aldi's Addition" a Replat of a Plat of Survey Filed in Plat Record L at Page 72 to the City of Van Buren, Arkansas, filed for record on April 11, 2017 with the Crawford County Circuit Clerk as Plat 2017-8. Document Number 2017003586 Page 23 of 27 EXHIBIT C Vista Property Legal Description Tract 1 and 3, Block 1 of that certain final plat called "Aldi's Addition" a Replat of a Plat of Survey Filed in Plat Record L at Page 72 to the City of Van Buren, Arkansas, filed for record on April 11, 2017 with the Crawford County Circuit Clerk as Plat 2017-8. 23 -k- (,) Document Number 2017003586 Page 24 of 27 EXHIBIT D Use Restrictions Vista hereby covenants and agrees that it will not lease, rent, sell, or otherwise permit to be owned, controlled, leased, used, or occupied any portion of the Vista Property for any of the uses set forth below: (a) a Retail Grocery Store; "Retail Grocery Store" shall mean a supermarket, meat market, grocery store, fruit and vegetable store or stand, frozen or otherwise processed food store, and any store where more than 50 grocery items are sold for off -premises consumption. "Retail Grocery Store" shall not include a delicatessen or any restaurant wherein prepared food is sold for on -premises consumption or for "take-out" consumption; (b) a use or operation that is generally considered to be an environmental risk to any portion of the Properties or surrounding properties; (c) a business selling alcoholic beverages for on -premises consumption except for a restaurant with sit down table service as its primary operation in which the sale of alcoholic beverages does not exceed 50% of its gross sales; (d) a laundry or dry cleaning establishment, provided, the foregoing restriction shall not include an establishment for dry cleaning drop-off and pick-up only, with no cleaning services being performed at the subject property; (e) any establishment which stocks, displays, sells, rents, or offers for sale or rent any merchandise or material commonly used or intended for the use with or in consumption of any narcotic, dangerous drug, or other controlled substance (provided that the foregoing is not intended and shall not be construed to prohibit a drug store); (f) adult book store, an establishment selling or exhibiting pornographic materials or any form of adult entertainment, or an operation whose principal use is an exotic dancing and/or massage parlor (provided this restriction shall not prohibit massages in connection with a beauty salon, health club or athletic facility, or a national massage chain such as Massage Envy); (g) a pool or billiard hall, arcade, night club, dance club, movie theater or cinema, gyms or health clubs greater than 5,000 square feet, schools or learning centers having more than thirty students at any one time, skating rink, or bowling alley; (h) any business or use that would negatively impact Aldi's access to parking spaces; (i) children's play or party center, telemarking, poling and surveying center, or office use; however the foregoing shall be permitted providing there is sufficient parking to maintain a ratio of 6 spaces per 1,000 sq. ft. of g.l.a; 24 Document Number 2017003586 Page 25 of 27 0) an abortion clinic; Planned Parenthood; (k) a pet store, except that a national pet store (i.e. a Petsmart or Petco) shall be permitted providing the location of such use is located no less than 250' from the Aldi Property; (1) a gasoline station or an auto repair shop; (m) a lot for the sale of used automobiles; (n) a mobile home park, trailer court (except that this provision shall not prohibit the temporary use of construction trailers during any periods of construction, reconstruction or maintenance), mobile home sales lot, living quarters, hotel or apartment building; (o) off-track betting establishment, bingo parlor, or any gambling use; (p) a business which would emit or produce noxious fumes, gases, excessive dust, dirt, or loud noises; (q) an assembly, manufacturing, distilling, refining, smelting, industrial, agricultural, drilling, or mining operation; (r) a junk yard, stock yard, animal raising operation, a dump or disposal, or any operation for the incineration or reduction of garbage of refuse; (s) a pawn shop, a thrift store, consignment shop or "re -sell" shop, a "Good Will" or "Salvation Army" type store, flea market, or a store dedicated to the sale of tobacco products; (t) a mortuary or funeral home; (u) banquet hall, auditorium, or meeting hall; (v) no flashing neon signs may be placed in the window or on any buildings greater than 24 inches X 24 inches or on any poles located in the Vista property; (w) the outdoor display, sale, or storage of seasonal merchandise (Christmas trees, pumpkins, produce, flowers, etc.) and/or the permanent, temporary, or periodic outdoor display, sale, or storage of merchandise (art work, novelties, clothing, etc.); and/or (x) carnival, amusement park, or circus. Document Number 2017003586 Page 26 of 27 EXHIBIT E The "Proposed Drainage Easement" shall mean the 100' Storm Drainage Easement shown on the attached plat. [See Attached] 26 Document Number 2017003586 Page 27 of 27 q - "VIP wrP 5 4ibd "d % z 27 -JL CERTIFICATE OF RECORD STATE OF ARKANSAS, COUNTY OF CRAWFORD I hereby certify that this instrument was Filed and Recorded in the Official Records Doc Num 2017003586 04/18/2017 12:32:42 PM SHARON BLOUNT BAKER CRAWFORD COUNTY CIRCUIT CLERK BY: JENNIFER RIGGS