2006-P10351 - land alteration - Laserfiche WebLink

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NOW,THEREFORE,in consideration of the foregoing Recitals,which are incorporated in and made a part of this Agreement, and of the terms and conditions stated below, Lansings and Suddendorfs agree: 1. Release of Existing Driveway Easement and Establishment of Replacement Easement. Subject to the terms and conditions stated in this Agreement,Lansings and Suddendorfs agree that they shall execute and deliver the Declaration and Dedication of Driveway Easement in the form attached to this Agreement as Exhibit A("Declaration"), Exhibit A being incorporated in this Agreement by reference. The Declaration shall be executed by the parties and delivered at such time as the terms, covenants and conditions stated in Paragraph 3 of this Agreement have been satisfied. The Declaration shall be recorded as an encumbrance against Lot 1,and shall burden and benefit Lot 1 and Lot 2. The Declaration shall also be recorded on Lot 2. 2. Consideration. The consideration for Lansings' execution of this Agreement and performance of the terms, covenants and conditions stated herein is the Suddendorfs' agreement to tenninate and release the Existing Driveway Easement. The consideration for Suddendorfs' execution of this Agreement and performance of the terms,covenants and conditions stated herein is the Lansings' agreement to grant the New Driveway Easement and comply with and perfolin all of the terms,covenants and conditions stated herein, including payment of all of the costs and expenses described in Paragraph 3. 3. Terms and Conditions for Release of Existing Driveway Easement and Execution of Declaration. Suddendorfs'agreement to terminate and release the Existing Driveway Easement and execute and deliver the Declaration is subject to and contingent upon Lansings'performance of the following terms, covenants and conditions: c:\Suddendorf\Agreement.clean.083006 - 2 -