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Volante Investments Easement(Space Above For Recorder's Use) Qe DECLARATION OF PERPETUAL EASEMENT THIS -DECLARATION OF PERPETUAL EASEMENT (hereafter "Declaration") is made as of the � day of June, 2014, by VOLANTE INVESTMENTS LLLP. ("Owner"); WHEREAS, the Owner is the owner of Lot 5, Block 3, Olson and Bush Subdivision No. 2 located in the City of Meridian, Ada County, Idaho (hereafter "Lot 5"); WHEREAS, the City of Meridian has required an access easement across Lot 5 from E. Lanark Street to the south boundary of Lot 5; WHEREAS, it is the intent of the Owner to declare and create an easement for ingress and egress on the terms and conditions contained in this Declaration. It being the express purpose and intent of the Owner, by and through this Declaration, that the easement hereafter described shall be for ingress and egress from the public right-of-way to the lot located contiguous to the south of Lot 5. NOW, THEREFORE, the Owner hereby declares and reserves an easement (hereafter "Easement") on, over, across and through the following described portions of Lot 5: The easement area is as described in Exhibit A attached hereto and made part hereof. 1. Recitals. The foregoing recitals are part of this Declaration, not mere recitals. 2. Purpose of Easement. The purpose of the easement herein granted shall be to provide ingress and egress to and from LotG, Block of the Olson and Bush Subdivision No. 3 (hereafter "Benefited Property") for the owners, tenants, customers, vendors, and invitees (hereafter "Authorized Users") of the Benefited Property. The Easement herein granted is not intended, nor shall the same be construed, to permit or authorize the parking of vehicles on any portion of the Easement. 3. Non -Exclusive Easement — Restrictions on Use. The Easement herein granted shall be for the non-exclusive use of the Authorized Users, such use to be limited to the DECLARATION OF EASEMENT — PAGE 1 OF 3 ADA COUNTY RECORDER Christopher D. Rich 2014-056646 BOISE IDAHO Pgs=4 BONNIE 07/17/2014 08:06 AM RECORDING REQUESTED BY AND VAN AUKER PROPERTIES AMOUNT•$19.00 WHENRECORDED RETURN TO: so 00001463201400588480040 Van Auker Properties 3084 E. Lanark Street ADA COUNTY RECORDER Christopher D. Rich 2014-077429 Meridian, ID 83642 BOISE IDAHO Pgs=4 BONNIE 09/23/2014 10:00 AM VAN AUKER PROPERTIES AMOUNT:$19.00 1111111111111111111111111111111111111111111111111 00023800201400774290040048 (Space Above For Recorder's Use) Qe DECLARATION OF PERPETUAL EASEMENT THIS -DECLARATION OF PERPETUAL EASEMENT (hereafter "Declaration") is made as of the � day of June, 2014, by VOLANTE INVESTMENTS LLLP. ("Owner"); WHEREAS, the Owner is the owner of Lot 5, Block 3, Olson and Bush Subdivision No. 2 located in the City of Meridian, Ada County, Idaho (hereafter "Lot 5"); WHEREAS, the City of Meridian has required an access easement across Lot 5 from E. Lanark Street to the south boundary of Lot 5; WHEREAS, it is the intent of the Owner to declare and create an easement for ingress and egress on the terms and conditions contained in this Declaration. It being the express purpose and intent of the Owner, by and through this Declaration, that the easement hereafter described shall be for ingress and egress from the public right-of-way to the lot located contiguous to the south of Lot 5. NOW, THEREFORE, the Owner hereby declares and reserves an easement (hereafter "Easement") on, over, across and through the following described portions of Lot 5: The easement area is as described in Exhibit A attached hereto and made part hereof. 1. Recitals. The foregoing recitals are part of this Declaration, not mere recitals. 2. Purpose of Easement. The purpose of the easement herein granted shall be to provide ingress and egress to and from LotG, Block of the Olson and Bush Subdivision No. 3 (hereafter "Benefited Property") for the owners, tenants, customers, vendors, and invitees (hereafter "Authorized Users") of the Benefited Property. The Easement herein granted is not intended, nor shall the same be construed, to permit or authorize the parking of vehicles on any portion of the Easement. 3. Non -Exclusive Easement — Restrictions on Use. The Easement herein granted shall be for the non-exclusive use of the Authorized Users, such use to be limited to the DECLARATION OF EASEMENT — PAGE 1 OF 3 access, ingress, egress and circulation described in Section 2, above, and no other use of the Easement by the Authorized Users shall be permitted. 4. Nature of Easement. The Easement herein granted by the Owner shall be an easement which shall be appurtenant to and shall be a covenant which shall run with Lot 5. 5. Prohibited Activities. Owner and any Authorized User shall not use, or permit to be used, any portion of any of the Easement for any purpose or use which will interrupt, prevent, prohibit or make inconvenient the access, ingress, egress or circulation intended by this grant. 6. Right to Mortgage. The Owner and the owners of the Benefited Property shall have the right to mortgage such parties' rights under this grant, if required by the mortgagee, and in such event the mortgagee of a party's interest under this grant shall have no obligation hereunder unless and until the mortgagee acquires the fee title to the mortgaged property. 7. Risk of Use. Use of the Easement as provided in this grant shall be at the risk of the party using the easement. Owner and the owners of Benefited Property shall not be liable for any claims, suits, damages or actions which result from the use of the Easement. 8. Easement Termination. This Declaration and the associated Easement shall automatically terminate in the event that Lot 5 and the Benefited Property are merged into one parcel. 9. Improvement and Maintenance of Easement Area. All costs associated with the improvement and maintenance of the Easement area shall be the sole responsibility of the owner of the Benefited Property. 10. Acceptance of Terms of Easement. Each authorized user of this Easement, agrees to the terms and conditions contained in this Declaration. 11. Binding on Successors. This Declaration shall be recorded in the official records of Ada County, Idaho and shall be binding on the heirs, successors, administrators, executors and assigns of all parties hereto and shall run with the land. IN WITNESS WHEREOF, the undersigned Owner has executed this Declaration as of the date and year first above written. OWNER: VOLANTE INVESTMENTS LLLP W. Van Auker I Partner DECLARATION OF EASEMENT - PAGE 2 OF 3 STATE OF IDAHO ) ss: County of ADA ) h On this qday of JUL , 2014, before me, the undersigned, a Notary Public in 6nd for said State, personally appeared Ronald W. Van Auker, known or identified to me to be the General Partner of Volante Investments LLLP, the Company, Corporation or Entity that executed the foregoing instrument or the person who executed the foregoing instrument on behalf of said Company, Corporation or Entity, and acknowledged to me that such Company, Corporation or Entity executed the same. IN WITNESS WHEREOF, I have hereto set my hand and affixed my official seal the day and year in this certificate first written. W04N tsdimary P ablic for Fk§My commission expires. lip /1 i � PU0 .• � 00 4 •��'•sTA TE•nF ..•'�•� DECLARATION OF EASEMENT - PAGE 3 OF 3 Exhibit A Legal Description ACCESS.EASEMENT FOR PROO'SE0. OLSON "0, *BIij§H-'9VB. NO.'3 ACROSS LOT 5' BLOCK 3,OFOLSON AND -BUSH NO.2 A 20 foot wide -strip.,6,f.land.acroAsl,ot-5,..131o6k 3 of Qlson,and.Bush SubdiAsion No. 2 as -.recorded 'M' -Ada'County records -.as Book -90, Page 10508,, -located -its * * ' . the -Southeast, 114 of Section.8, TIN., R. 1E., 13-M., Ada County,.jdaho, and. bein g -more parti I cularly described as. follows: The westerly 20 feet- of said Lot 5. extending from. the south boundary of said lotto the right-of-way of Lanark. Street on the north. ' Prepared by: Todd R. Waite P.L.S. Exhibit A - Page One of One