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SHARED DRIVEWAY AND MAINTENANCE EASEMENT DECLARATION <br /> The Shared Roadway and Maintenance Easement Declaration dated this 6th day of <br /> December, 2006 by Loren R. &Marlene K. Fritz,collectively referred to as Users. <br /> Background of A�reement <br /> Users are owners of adjacent properties in the City of Orono,Hennepin County, <br /> . MN. Loren R. &Marlene K. Fritz is owner of the property known as Lot 2, Block 1, <br /> Sherri Lakeview Estates. Loren R. &Mazlene K,Fritz is owner of the property known as <br /> Lot 4, Block l, Sherri Lakeview Estates and Outlot B Shem Lakeview Estates. The <br /> Users own properties that abut each other and have access from North Shore Drive. T'here <br /> is a driveway that serves both properties over Outlot B, Sherri Lakeview Estates. The <br /> Users have determined that it is in their mutual interest to have executed and recorded <br /> and agreement for sharing the costs of maintenance and repair of the driveway. T'he <br /> purpose of this Agreement is to place into writing the mutual rights and obligations the <br /> users of the jointly used driveway. <br /> Agreement <br /> NOW THEREFORE, in consideration of their mutual promises and intending to be <br /> legally bound,the parties agree as follows: <br /> 1. Grant of Easement. Loren R. &Marlene K.Fritz owner of Lot 4 Block 1,and Outlot <br /> B Sherri Lakeview Estates, grants Loren R. &Marlene Fritz,owner of Lot 2, Block 1 <br /> Sherri Lakeview Estates a permanent easement over and across Outlot B, Sherri <br /> Lakeview Estates for the purpose in ingress and egress to their adjoining properly. <br /> 2. Sharin� of Costs and Ezpenses. The parties sha11 share the expenses as follows: <br /> Loren R. &Marlene K Fritz,his/]ner successors and assigns shall pay one-half of the <br /> maintenance and repair of the driveway that is jointly used over Outlot B, Sherri <br /> Lakeview Estates. Loren R. &Marlene K. Fritz,their successors and assigns shall pay <br /> one-half of the costs of maintenance and repair of the jointly used driveway over Outlot <br /> B, Sherri Lakeview Estates. <br />