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arena currently located on the Dominant Estate are removed or demolished and not replaced with <br /> similar buildings, the easement granted hereunder shall become null and void and of no further <br /> effect and the owner of the Dominant Estate shall execute an instrument terminating this instrument <br /> of record. <br /> 7. The easement granted hereunder shall run with the land and shall bind and inure to <br /> the benefit of the owner of the Servient Estate and the owner of the Dominant Estate, their <br /> respective successors and assigns. The easement granted hereunder shall not merge by reason of <br /> Declarant's ownership of both the Dominant Estate and the Servient Estate. <br /> IN WITNESS WHEREOF the undersigned has executed this instrument the day and date <br /> first above written. <br /> CPV DEVELOPMENT COMPANY, LLC <br /> By <br /> aig Alshouse <br /> Its Managing Member <br /> LMW-195192v6 3 <br /> AL205-2 <br />