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t � <br /> �"� �-'u —/ J��.J /j�� �S���f-!V_1L--) <br /> GRANT OF LIMITED LICENSE <br /> GABR1Ei, E. JABBOUR AND COLLEEN JABBOtiR, husband and wife ("Licensors"), <br /> make this Grant of Limited Licensc (this "Grant") as of the 16th day of November, 2005. <br /> WITNESSETH: <br /> WHEEZEAS, Licensors are the owners of the following described parcel of land and the <br /> improve�nents thereon situated in the City of Orono, County of Carver, State of Minnesota, to- <br /> wit: <br /> Lots 1 through 5, MORSE ISLAND PARK, Hennepin County, Minnesota <br /> (hereinafter, the"Jabboui• ParceP'); and <br /> WHEREAS, the Jabbour Parcel is located on the island in Lake Minnetonka commonly known <br /> as Big lsla�ld; and <br /> WHEREAS, Robert L. Naas, individually ("Naas"), and as Trustee of the Qualified Personal <br /> Residence Trust of Robert L. Naas dated January 27, 1999 ("Trustee"), is the owner of the <br /> parcel of land legally described in Exhibit A attached hereto, which parcel is an island in Lake <br /> Minnetonka commonly known as Gale Island (such parcel being refcrred to herein as "Gale <br /> Island"); and <br /> W�IEREAS, the Jabbour Parcel includes a strip of land approximately thirty (30) feet wide (the <br /> "License Area"), that is le�ally described in Exhibit B attached hereto and that is adjacent to <br /> Massasolt Avenue; and <br /> W'HEREAS, the Licensors have agreed to permit the Trustee to locate an undergrou�ld conduit <br /> within the License Area for the provision of electrical, telephone and other utility services to be <br /> provided to Gale Island from utilities located in Massasolt Avenue; and <br /> WHEREAS, Licensors wish to grant to the Trustee and to Naas, for the benefit of their <br /> respective interests in Gale Island, a perpetual, noil-exclusive, limited license to construct and <br /> leave in place an underground utility conduit across and in the License Area. <br /> 2G866ROv3 <br />