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Correction Deed for Renaissance ParkAfter Recording Return to: Michael T. Spink Spink Butler, LLP P.O. Box 639 Boise, ID 83701 ADA COUNTY RECORDER J. DAVID NAVARRO AMOUNT 12.00 4 BOISE IDAHO 11/20/08 04:52 PM DEPUTY Bonnie llig III �'�I'I'III'I�'ll'll'I�'II'll II I �II RECORDED -REQUEST OF Lawyers Title 108126016 FOR RECORDING INFORMATION /yy6z CORRECTION DEED OF GIFT This instrument is given to correct the Legal Description in that certain Deed of Gift dated December 29, 2006 and recorded on December 29, 2006 in the official records of Ada County, Idaho, as Instrument No. 106201582. THIS DEED OF GIFT is made effective the 29°i day of December, 2006, between Tuscany Development, Inc., an Idaho corporation ("Grantor"), and City of Meridian, a political subdivision of the State of Idaho whose current address is 33 East Idaho, Meridian, Idaho 83642 ("Grantee"). WITNESSETH: AS A GIFT to Grantee, Grantor does hereby grant and convey to Grantee all of the real property located in the County of Ada, State of Idaho, described on Exhibit A, attached hereto and made a part hereof (hereafter, the "Property"), to be used as a public park ("Park"); TOGETHER with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining. Section 1. Exceptions. This conveyance by Grantor to Grantee is made subject to the following exceptions: All taxes and assessments levied against the Property, including liens and assessments of any irrigation district ("Taxes") for the year in which the conveyance is made shall be prorated between Grantor and Grantee as of the date of this Deed of Gift. Taxes levied and assessed for the prior year shall be paid by Grantor. 2. Easements and rights-of-way for roads, ditches, utilities and other purposes and uses, which easements and rights-of-way are of record or visible upon a physical inspection of the Property. 3. Exceptions, reservations, terms, covenants and conditions of record; provided, however, that Grantee shall not be subject to the Declaration of Covenants, Conditions and Restrictions for Messina Meadows Subdivision No. 1, recorded in CORRECTION DEED OF GIFT — I the records of Ada County, Idaho; and further, Grantee shall not be a member of the Tuscany Homeowners' Association, Inc., or any successor association, nor subject to assessments thereof. Section 2. Conditions of Conveyance. TO HAVE AND TO HOLD the Property unto Grantee subject to the following express conditions and covenants which are accepted and agreed to by Grantee (collectively, "Grantee's Covenants"): Grantee covenants and agrees to use the Property to provide community open space and recreation facilities for the citizens of the City of Meridian. All maintenance of the Property shall be undertaken by Grantee, and Grantee shall maintain the Property and all fixtures and equipment in satisfactory park -like condition. 2. Without the prior written consent of Grantor, which consent shall be within the sole and exclusive discretion of Grantor, at no time and under no circumstances shall the Property, or any portion thereof, or the park to be constructed thereon, be utilized for any residential, commercial, industrial or use other than the use of the Property as a Park. Section 3. Term of Grantee Covenants — Succession. The term of Grantee's Covenants shall commence on the date of recordation of this Deed of Gift, and continue thereafter for a period of thirty (30) years following the date of recordation of this Deed of Gift ("Covenant Term"). From and after the expiration of the Covenant Term, Grantee's Covenants shall automatically terminate and end, and shall be of no further force or effect. Grantee's Covenants shall be a burden on the Property for the benefit of Grantor, its successors and assigns, and shall run with the land. [remainder of page intentionally blank] CORRECTION DEED OF GIFT - 2 IN WITNESS WHEREOF, Grantor has caused its name to be subscribed this a -7 day of November, 2007. ::►It TUSCANY DEVELOPMENT, INC., an Idaho corporation STATE OF IDAHO ) ) ss. County of Ada ) On this a `7+� day of November, 2007, before me, the undersigned, a Notary Public in and for said State, personally appeared Gregory B. Johnson, known or identified to me to be the President of Tuscany Development, Inc., the Idaho corporation that executed the within and foregoing instrument, or the person who executed the instrument on behalf of said Idaho corporation, and acknowledged to me that such Idaho corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. �y5oat s2eseyaj. -v ,N L. BOA °° Ez '00°0° $ARp 8 G . PUgI a � 4" TL OF CORRECTION DEED OF GIFT -3 Notary Public for Idaho Residing at: ,A o, Commission Expires:113 0 -08 EXHIBIT A Legal Description Lot 1 in Block 7, MESSINA MEADOWS SUBDIVISION NO. 1, according to the official plat thereof recorded in Book 97 of Plats at Pages 12176 through 12183, official records of Ada County, Idaho. EXHIBIT A - 1