Loading...
HomeMy WebLinkAboutJoint Access and Maintenance Agreement 311 V1E IDI� 11 APPROVED DA EI 04ro1/22 ADA COUNTY RECORDER Phil McGrane 2022-025196 BOISE IDAHO Pgs=12 CHE FOWLER 03/11/2022 03:12 PM TITLEONE BOISE $43.00 j %Uid B;R' A 2G22 N21 Recording Requested by and When Recorded Return to: Aspen Grove Holdings, LLC 989 South Industry Way, Suite 102 Meridian, Idaho 83642 Attn: Matt Kuzio APNs: S1224223460, S1224223495, S1224223535, S1224223551 JOINT ACCESS AND MAINTENANCE AGREEMENT THIS JOINT ACCESS AND MAINTENANCE AGREEMENT (this "Agreement") is made as of this 11- day of ` r 201:,("Effective Date"), by and between ASPEN GROVE HOLDINGS, LLC, an Idaho limited liability company, whose address is 989 South Industry Way, Suite 102, Meridian, Idaho 83642 ("Aspen"), and S3 INVESTMENTS L.P., an Idaho limited partnership, whose address is 1016 W. Sanetta St., Nampa, Idaho 83651 ("S3" ). Aspen and S3 may be referred to herein as a "P=," and collectively as the "Parties". RECITALS A. Aspen owns that certain real property generally located at 1575 W. Overland Road, Meridian, Ada County, Idaho, 83642, Parcel Numbers S1224223460, S1224223495 and S1224223535, being more particularly described on the attached Exhibit A (the "Aspen Prope�yt ") B. S3 owns that certain real property located at 1750 S. Linder Road, Meridian, Ada County, Idaho, 83642, Parcel Number S1224223551 being more particularly described on attached Exhibit B (the "S3 Property", and together with Aspen Property, individually, a "Pro e ", and collectively, the "Properties'); C. There is an existing driveway located on the S3 Property which provides access from South Linder Road to the S3 Property ("S3 Driveway"); D. Aspen desires to expand the S3 Driveway onto the Aspen Property ("Proposed Extension") to provide access to the Aspen Property from South Linder Road; and E. Aspen and S3 desire to enter into this Agreement for the purpose of providing a means of vehicular and pedestrian ingress and egress over, upon and across the S3 Driveway and Proposed Extension over that portion of each Property, as more particularly depicted on Exhibit C attached hereto and made a part hereof by this reference (the "Joint Access Easement Area"), and provide temporary access over the S3 Property for the construction of the Proposed Extension. E IDI� 11 APPROVED DAT oarovz2 J %Ut I B;R' A 2G22 N21 AGREEMENT NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Aspen and S3 agree as follows: 1. Joint Access Easement. Each Party does hereby grant and convey to the other Parry and its successors and assigns, for the use of such other Party and its successors and assigns, and for the use of their respective agents, representatives, employees, contractors, licensees, guests, invitees, and tenants (collectively, the "Permittees"), in common with others entitled to use the same, a non-exclusive easement over the Joint Access Easement Area for the purpose of providing pedestrian and vehicular ingress and egress over, upon, and across the Joint Access Easement Area of each Property (collectively, the "Joint Access Easement"). The Joint Access Easement, to the extent not located on a Party's Property, shall be appurtenant to and for benefit of such Parry's Property, and, to the extent located on a Parry's Property, shall be binding on, enforceable against and burden such Party's Property. 2. Construction of Proposed Extension. S3 hereby grants Aspen a temporary access easement ("Temporary Easement") over that portion of the S3 Property necessary for the construction of the Proposed Extension within the Joint Access Easement Area. Aspen shall, at its sole cost and expense, construct the Proposed Expansion within the Joint Access Easement Area and repair any damage that occurs to the S3 Property as a result of such work. Aspen shall further provide, prior to commencing any construction work, notice to S3 of the proposed work. The Temporary Easement shall terminate upon the substantial completion of the construction of the Proposed Extension; provided, however, that the Joint Access Easement and all other terms and conditions of this Agreement shall remain in full force and effect. 3. Maintenance and Costs. Once the construction of the Proposed Extension is substantially complete, Aspen shall be responsible for the maintenance and repairs of the Joint Access Easement Area and shall keep the Joint Access Easement Area in good working order and condition at all times in accordance with the standards of a first-class commercial project located in Ada County, Idaho. The Parties shall split the costs for the maintenance and repair of the Joint Access Easement Area as follows: Aspen shall be responsible for 85% of such costs and S3 shall be responsible for the remaining 15% of such costs. S3 shall reimburse Aspen for its share of such costs within 15 days after receipt of an invoice for same. In the event any improvement or repair to the Joint Access Easement Area exceeds $25,000.00, or the Joint Access Easement Area needs to be expanded further, the Parties agree to jointly negotiate the cost allocation of the improvement or repair. Notwithstanding anything to the contrary herein, each Party shall be solely responsible for any damage, repair or destruction of the Joint Access Easement Area or any portion thereof due to the use of the Joint Access Easement Area by a Party or its Permittees or the negligence of such Party or its Permittees. Notwithstanding the foregoing, S3 shall be responsible, at its sole cost and expense, for the maintenance and repair of the portion of the Joint Access Easement Area located on the S3 Property until the construction of the Proposed Extension is substantially complete. APPROVED Da:e 04/01/22 4 Default/Cure. In the event that either Party fails to perform its obligations with ct to maintenance and costs as outlined in Section 3 or otherwise commits a material breach J %UtJa;RA2G22N21 fault under this Agreement, the non -defaulting Party shall provide written notice of such failure to the defaulting Party, and the defaulting Party shall have 20 days to perform cure such breach or default after the date of receipt of such notice (or, if the failure cannot be remedied within said 20 day period, then within such longer time as is required to complete the same (provided the defaulting Parry commences to perform such obligations within said 20 day period and continues to perform same with diligence to completion)) (the "Cure Period"). If the defaulting Party fails to cure such default or breach within the Cure Period, then the non - defaulting Party may (but is not obligated to) perform such obligations and to charge the defaulting Party for all costs and expenses thereof and the defaulting Party shall reimburse the non -defaulting Party within 30 days after receiving invoices therefor. It is expressly agreed that no breach of this Agreement shall entitle a Party to cancel, rescind or otherwise terminate this Agreement; provided, however that this provision shall not limit or otherwise affect any other right or remedy which each Party may have hereunder by reason of any breach of this Agreement. 5. Mechanics' Liens. Each Party shall keep the Joint Access Easement Area free and clear of all liens and claims of liens for labor and services performed on, and materials, supplies or equipment furnished to, such Party in connection with such Party's maintenance and repair obligations under this Agreement (or otherwise arising under such Parry). If any such lien arises and encumbers the other Party's Property, such Party shall either (a) satisfy the lien, or (b) contest the validity of any lien within thirty (30) days after it receives notice of such lien. 6. Restrictions on Barriers. Neither Party shall construct, obstruct, place or permit to be placed any fences, barriers or other obstacles which unreasonably obstructs ingress and egress through the Joint Access Easement Area; provided, that, notwithstanding anything herein to the contrary, Aspen shall have the right to temporarily close any portion of the Joint Access Easement Area or otherwise restrict access to the portion of the Joint Access Easement Area in connection with Aspen's maintenance obligations pursuant to Section 3 hereof as long as the other Party has alternate access to South Linder Road during such temporary closure and the Aspen provides prior written notice to S3 of such temporary closure. 7. Reservation. The Joint Access Easement granted herein is not exclusive, and each Party hereby expressly reserves the right, for itself and for its successors and assigns, without the prior consent of the other Parry, to grant such other, similar or dissimilar, easements, rights, benefits, rights -of -way and privileges to such other persons and for such other purposes as such Party may elect in its sole and absolute discretion; provided, however, that any such easements, rights, benefits, rights -of -way and privileges hereafter granted shall not unreasonably interfere with or unreasonably restrict the use of the Joint Access Easement Area and the other rights and benefits appurtenant thereto or granted herein to the other Party. 8. Liability Insurance. Each Party hereby covenants and agrees that it shall obtain and shall at all times thereafter maintain at a minimum commercial general liability insurance with respect to the portion of the Joint Access Easement Area located on such Parry's Property, naming the other Party as an additional insured, and insuring against claims of bodily injury and APPROVED DAT 04/01/22 rty damage occurring on or about the portion of the Joint Access Easement Area located on �1,E %U69 BER n-2ozz- z^ Party's Property, with minimum liability limits of no less than $1,000,000 per occurrence 2,000,000 aggregate. 9. Mutual Indemnity. Each Party (the "Indemnifying in Party") shall indemnify, defend and hold the other Party and its successors and assigns (the "Indemnified Party') harmless from and against all claims, demands, costs, losses, expenses and liability, including reasonable attorneys' fees and cost of suit, arising out of or resulting from the use of the Joint Access Easement Area by the Indemnifying Party and/or its Permittees or any failure of the Indemnifying Party to perform its duties or obligations under this Agreement; provided, however, the foregoing indemnification obligation shall not apply to claims or demands to the extent based on the negligence or willful act or omission of the Indemnified Party. 10. Dedication Disclaimer. Nothing contained in this Agreement shall be deemed to be a gift or dedication of any property affected hereby, or any portion thereof, to the general public or for any public use or purpose whatsoever, it being the intention of the Parties hereto, and their successors and assigns, that nothing in this Agreement, expressed or implied, shall confer upon any person, other than the Parties hereto and their successors and assigns, any rights or remedies under or by reason of this Agreement. 11. Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Idaho. 12. Severability. This Agreement is intended to be performed in accordance with, and only to the extent permitted by, all applicable laws, ordinances, rules, and regulations. If any provision of this Agreement, or the application thereof to any person or circumstance, shall, for any reason and to any extent be invalid or unenforceable, the remainder of this Agreement and the application of such provision to other persons or circumstances shall not be affected thereby but rather shall be enforced to the greatest extent permitted by law. 13. Multiple Counterparts. To facilitate execution, this Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, and all of which shall constitute one and the same agreement. 14. Binding Effect. Each Party does hereby covenant and agree, to the extent of its ownership interest in its respective Property, that the easements, rights, covenants and obligations created herein are intended to run with title to each of the Properties, and that this Agreement shall be binding upon and shall inure to the benefit of the Parties hereto and their respective successors and assigns and all other persons or entities having or hereafter acquiring any right, title or interest in either of the Properties, and all other persons and entities claiming by, through or under the Parties hereto and their respective successors and assigns. 15. Notices. Any notice or other communication which is provided for or required by this Agreement must be in writing and may be delivered in person to any party or may be sent by Federal Express or other reputable courier service regularly providing evidence of delivery, or registered or certified U.S. mail, with postage prepaid, return receipt requested (with charges APPROVED DAT 04/01/22 by the party sending the notice). Any such notice or other written communications shall be ed received by the party to whom it is sent (a) in the case of personal delivery, on the date ��_E ,���a;R A�o��-0�� [livery to the party to whom such notice is addressed, (b) in the case of email, on the date of delivery to the parry to whom such notice is addressed, (b) in the case of courier delivery, the date receipt is acknowledged by the parry to whom such notice is addressed, and (d) in the case of registered or certified mail, the earlier of the date receipt is acknowledged on the return receipt for such notice or five business days after the date of posting by the United States Post Office. For purposes of notices, the addresses of the Parties hereto shall be as follows, which addresses may be changed at any time by written notice given in accordance with this provision: Aspen: Aspen Grove Holdings LLC 989 South Industry Way, Suite 102 Meridian, Idaho 83642 Attention: Matt Kuzio Email: mkuzio@redaspen.com S3: S3 Investments, L.P. 1016 W. Sanetta St. Nampa, Idaho 83651 Attention: Steve Schimdt Email: slsboi@yahoo.com 16. Time of Essence. Time is of the essence in the performance of this Agreement. 17. Entire Agreement; Amendment. This Agreement constitutes the entire agreement of the Parties hereto with respect to the subject matter hereof and supersedes all prior agreements and understandings, whether written or oral, between the Parties with respect to the matters contained in this Agreement. This Agreement may be modified, rescinded or amended, in whole or in part, only by a written instrument duly executed, delivered and recorded that is entered into by the Parties hereto, or by their respective successors or assigns. 18. Headings. The paragraph headings in this Agreement are for convenience only, shall in no way define or limit the scope or content of this Agreement, and shall not be considered in any construction or interpretation of this Agreement or any part hereof. 19. Exhibits. This Agreement shall be deemed to include all exhibits attached hereto, which exhibits are incorporated herein by reference, and shall be binding upon and inure to the benefit of the Parties hereto and their successors and assigns. 20. Estoppels. Each Party, upon the written request of the other Party (the "Requesting Party_"), in connection with the sale, long term ground lease, financing or refinancing of the Requesting Parry's property, shall execute and deliver a certificate in favor of the applicable ground lessee, lender or purchaser certifying whether, to such party's knowledge, the Requesting Party is in default of any of its duties or obligations under this Agreement. Such certificate of such party shall be binding upon such party and inure to the benefit of such lender, ground lessee or purchaser as of the date of its issuance. APPROVED DAT 04/01/22 21. Attorneys'. If any attorney is engaged to enforce or defend any provision of L, E,I U M BE R, A2G22 D024 greement or as a consequence of any default under or breach of this Agreement, with or lut the filing of any legal action or proceeding, and including, without limitation, any fees and expenses incurred in any bankruptcy proceeding or in connection with any appeal of a lower court decision, the prevailing parry, as agreed to by the Parties or as determined by the court, shall be entitled to its reasonable attorneys' fees and expenses and all costs incurred in connection therewith. [Signatures on the Following Page] APPROVED DA EI 04/01/22 : j %UtJ B;RA 2G22 Men IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed ve as of the Effective Date. ASPEN: ASPEN GROVE HOLDINGS, LLC, an Idaho limited liability company By: 4ir k.2 Name: �1t' 4 c:;, STATE OF IDAHO ) ) ss. COUNTY OF dr, ) The foregoing instrument was acknowledged before me this 1 2' day of jOAK—j 202 , by as - 'f``of ASPEN GROVE HOLDINGS, LLC, an Idaho limited liability company. Witness my hand and official seal. i� 20 2Z My commission expires: w/'�y/% � '4' ����'�""""`•��, Notary Public FI ••. ''- • r� • (j 140TAR y •: G� •$ ' we. 0 �• PUB LIC ••:'O N. :t �. APPROVED DAT oarov22 S3: S3 INVESTMENTS, L.P. an Idaho limited partnership Name: 5f.e (, e S� h µ, • oC T Title: G�reu�t3��L STATE OF IDAHO ) ss. COUNTY OF n� ) The foregoing instrument was acknowledged before me this q' l day of Sz_AA_,M 20-A, by S as , of S3 INVESTMENTS, L.P., an Idaho limited partnership. Witness my hand and official seal. My commission expires: % l / D L ®23 THERESAA.PEPERSEN 52695 Notary Public ENOTARY PUBLIC STATE OF IDAHO APPROVED DAT 04rov22 �IJ'uMa_R:- EXHIBIT "A" Description of the Aspen Property A parcel of land in the Northwest Quarter of Section 24, Township 3 North, Range I West, Boise Meridian, Ada County, Idaho, more particularly described as follows: Commencing at the Section Corner common to Sections 13, 14, 23 and 24, Township 3 North, Range I West, Boise Meridian: thence South 89°54' East, along the section line common to Sections 13 and 24, a distance of 218.00 feet; thence South 00*15' West, 199.81 feet; thence North 89057' West, 218.00 feet to the Section line common to Section 23 and 24, thence North 00*15' East along said Section Line 200.00 feet to the POINT OF BEGINNING. ALSO A parcel of land in the Northwest Quarter of Section 24, Township 3 North, Range 1 West, Boise Meridian, Ada County, Idaho, more particularly described as follows: Commencing at the Section Corner common to Sections 13,14, 23 and 24. Township 3 North, Range I West, Boise Meridian: thence South 00115' West, along the Section line common to Sections 23 and 24, a distance of 200.00 feet to the POINT OF BEGINNING, thence continuing South 00°15' West, along said Section line 200.00 feet; thence East, 218.00 feet; thence North 00*15' East, 199.81 feet; thence North 89057' West, 218.00 feet to the POINT OF BEGINNING. ALSO A parcel of land in the North Half of the Northwest Quarter of Section 24, Township 3 North, Range I West, Boise Meridian, Ada County, Idaho, described as follows: Commencing at a point marking the Section corner common to Sections 13, 14, 23 and 24, Township 3 North, Range 1 West, Boise Meridian, Ada County, Idaho, from which the Quarter corner common to said Sections 23 and 24 bears South 00%5'00" West along the West line of said Section 24, a distance of 400.00 feet; thence leaving said West line, North 90°00'00" East (formerly East), a distance of 218.00 feet (formerly 243 feet) to a point marking the POINT OF BEGINNING; thence continuing North 90°00'00" East (formerly East), a distance of 109.10 feet; thence North 00015'00" East, a distance of 397A8 feet (formerly 399.44 feet) to a point on the North line of said Section 24; thence along said Section line North 89°33'34" West (formerly North 89*54' West), a distance of 109.10 feet; thence leaving said Section line South 00015100" West, a distance of 398.32 feet (formerly 399.66 feet) to the POINT OF BEGINNING. s9'C E IDI� Il APPROVED DAT 04/01/22 j %UtJ B;R' A 2G22 Men ; EXHIBIT "B" Description of the S3 Property APPROVED DAT 04/01/22 j %Utj B;R' A 2G22 M21 EXHIBIT "C" Depiction of the Joint Access Easement Area KS h q y ��, ' �, carom s asnr.:.. ,,,� sasronxs•c os�a,� ,.—..,... a�m.,m�sn�?4mwa a�:,. r� o L J' \'yy.CANCEP7WL qM PLAN .ww Continues next page. 8P-1 E IDIAN - Il APPROVED DAT 04/01/22 � j %UtJ B; R: A 2G22 M21 law