07-10-1995 Council Packet - Laserfiche WebLink

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9.Lot 8, Block 1, Stielows Addition is owned by Rex L. Carter and Cheryl D. Carter, husband and wife, with mortgages in favor of Residential Fund ing Corporation and Norwest Bank Minnesota, N.A. F.It is the intention of the parties hereto to amend the Declaration and First Amendment with regard to resubdividing of said Lots. NOW, THEREFORE, in consideration of the covenants and agreements of the respective parties hereto, the which is hereby acknowledged, the parties hereto, consisting of the Owners, their spouses, contract vendees, and life tenants holding a record interest in not less than six of the nine Lots made up of Lots 1 and 2, Block 1, Stielows Secon Addition, Lots 2, 3, 6, 7 and 8, Block 1, and Lots 1 and 2, Block 1, Klitzke Addition, of the holders of all mortgages upon all Lots in Stielows Second Addition and Klitzke Addition, and Lots 2, 3, 6, 7 anc 8, all in Block 1, Stielows Addition, agree as follows: I.The Declaration and First Amendment are hereby amended by deleting Article III, paragraph 1(a) and substituting therefore the following: 1)Non-exclusive and appurtenant easements are hereby granted and established in fa vor of each Lot or subdivision of a Lot which has access to Outlot B, Stielows Addition (also known as Oxford Road) and the Owners thereof; as follows: a)Tnaress and Earess An easement for roadway purposes upon that part of the Property described as Outlot B, Stielows Addition and which easement is outlined in red crosshatching on Exhibit A, attached to the original Declaration. II.The Declaration and First Amendment are hereby amended by adding to Article IV, paragraph 1 the following: In the event subdivision of a Lot, as approved hereunder, results in more than nine (9) lots with access to Outlot B, Stielows Addition, then owners of all resulting lots with such access shall share equally in said costs along with the Owners of the other Lots with access to said Outlot B.If said subdivision