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FROM BEST & FLANAGAN Fl C' I ,.I faith estimates of construction costs are provided to them by subcontractors and materialmen. Upon completion of the construction of the septic system, Grantees will provide Grantors with an accounting in reasonable detail setting forth the out-of-pocket expenses paid or incurred to third parties by Grantees for the design and construction of the septic system. Grantees will not charge for their time or for the time of any employee of David Carlson Companies, Inc. for management, supervision, administration or profit connected with the Project. Promptly upon receipt of the statement, Grantors will reimburse Grantees for one-half of such amount. 5. Maintenanc~ and Repair~. The parties covenant with each other to keep the septic system in good operating condition and repair at all times. Either party may contract for maintenance, repairs or reconstruction of all or any part of the system, provided that written notice of the nature of the work, the contractor and the estimated cost shall be given to the other party not less than 10 days before the commencement of the work, except in the event of the need for emergency work. Upon completion of such maintenance, repairs or reconstruction, the cost thereof shall be shared one-half by the then·owners of the Carlson Land and one-half by the then owners of the Pegelow Land, except that maintenance, repairs or reconstruction of a connecting pipe which serves only the Carlson Land or only the Pegelow Land shall be borne by the then owners of the respective benefitted parcel. Such costs and right of contribution shall be the personal obligation of the respective then owners of the Pegelow Land and the Carlson Land. 6. J.l.lJl~mnificatiQ.Q, To the ex.tent Grantees perform or order the performance of work or materials for the Pegelow Land, Grantees shall defend, indemnify and hold harmless Grantors against any and all claims, demands, damages, actions, causes of action, liabilities, losses, judgments, costs and expenses of any nature whatsoever arising out of the exercise of these easement rights by Grante8S or agents or contractors of Grantees, including without limitation, mechanics lien claims and claims for personal injury, subject however to Granters' obligation of co'ntribution with respect to costs of maintenance, repair and reconstruction as described above. 7. Running of Benefjts_jind Burdens_. All provisions of this instrument, including the benefits and burdens, run with the land and are binding upon and inure to the heirs, personal representatives and assigns of th8 respective parties hereto . . 8. Terminat_j._QJl of Covenant Liability. Whenever a transfer rif ownership of either parcel of land takes place, liability of the transferor for breach of covenant occurring or expenses accruing thereafter automatically terminates. -3-