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(reserved for recording information) <br /> GRANT OF PERMANENT EASEMENT <br /> FOR RIGHT-OF-WAY AND <br /> DRAINAGE AND UTILITY PURPOSES <br /> THIS EASEMENT is given on *id, /0 , 2026, by REVIVAL CUSTOM <br /> HOMES LLC, a Minnesota limited liability company ("Grantor") to the CITY OF ORONO, a <br /> Minnesota municipal corporation (the "City"), its successors and assigns, forever, as Grantee, in <br /> accordance with the following: <br /> 1. Ownership. Grantor is the fee owner of certain real property located in the City of <br /> Orono, County of Hennepin, State of Minnesota(the "Property"). The Property is legally described <br /> as the property identified as"Parcel A"on the attached Exhibit A,and is located at 45 Smith Avenue, <br /> Orono,Minnesota. <br /> 2. Grant of Easement. For valuable consideration, receipt and sufficiency of which is <br /> hereby acknowledged, Grantor hereby grants and conveys to City a permanent, non-exclusive <br /> easement in, on, over, under, across, and through that portion of the Property that is legally <br /> described on the attached Exhibit A, and depicted on the attached Exhibit B (the "Easement <br /> Area"). The Easement is granted for public right-of-way and public drainage and utility purposes. <br /> 1 <br /> 238461v1 <br />