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_ , �, Northview Road to the Alley Access Parcels for such time that such access is consistent with GRANTOR's current and future intended use of the Corridor; WHEREAS GRANTEE wishes to make certain guarantees to GRANTOR in exchange for the grant of easement. NOW THEREFORE, GRANTOR and GRANTEE agree to the following: 1 . GRANTOR, in consideration of the sum of Eighty Four Thousand Eight Hundred Seventy Nine and 81/100 Dollars ($84,879.81 ►, the "Cost" of this easement, and other good and valuable consideration to GRANTOR from GRANTEE, receipt of which is acknowledged, grants unto GRANTEE, a nonexclusive easement for a public alley (hereinafter referred to as "Alley") over that portion of the Corridor legally described on "Exhibit B" (hereinafter referred to as the "Easement Area") and depicted on "Exhibit C" for ingress and egress from the south lot lines of the Alley Access Parcels to Northview Road for such time that such access is consistent with GRANTOR's current and future intended use of the Corridor as determined by GRANTOR in its sole discretion. Included in this grant of easement is the right to construct, maintain and sign the Alley, in such manner that does not conflict with GRANTOR's use of the Corridor as solely determined by GRANTOR, and as limited by the terms of this easement agreement. 2. Said easement shall be limited solely to providing public access for up to seven (7) noncommercial seasonal recreational or homestead single family residences, located on the Alley Access Parcels as those parcels are currently configured. The easement shall expire automatically if use of the Alley Access Parcels changes. The Alley shall have a passage way of not wider than twenty-five (25) feet and shall be located fully within the Easement Area. Upon expiration or other termination of this easement, GRANTEE shall deliver to GRANTOR a release of easement suitable for recordation. 3. This easement is granted with the understanding that plans for the segment of the Corridor affected by this grant of easement are only preliminary. GRANTOR reserves the right without further consideration, at GRANTEE's sole expense, upon two hundred seventy (270) days written notice from GRANTOR to GRANTEE, to terminate the easement and require removal of any Alley improvements or to require relocation or modification of the Alley, if GRANTOR determines that doing so is necessary for implementation of alternate uses on the Corridor. Such uses shall include, without limitation, operations, changed operations or planned operations of any current or future transportation system for rail, bicycle or foot travel or any other public use; and shall include, without limitation, renewal, replacement, repair, alteration or construction of tracks, bridges, culverts, thruway facilities, structures, properties, facilities and appurtenances. In the event vt�i-��v i EC fails to so relocaTe, alter, change, or remove the Aliey within two hundred seventy (270) days after notice, GRANTOR may remove, alter or relocate such Alley at GRANTEE's expense, or terminate the easement. In the event that GRANTOR, at GRANTOR's initiative other than as a consequence of GRANTEE default, causes the termination of this easement at any time within Ten (10) years of the commencement date of this easement, GRANTOR shall reimburse GRANTEE for the Cost of this easement as follows: GRANTOR shall pay to GRANTEE the Cost of this easement less ten per cent (10%) per year, or partial year, that has passed since the commencement date of this easement.lf 2