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Cross access agreementRecording Requested By and When Recorded Retum to: City of Meridian 33 E. Broadway Ave. Meridian, Idaho 83642 ADA COUNTY RECORDER Christopher D. Rich 2018-012940 BOISE IDAHO P91=5 LISA BATT RACKHAM FAMILY TRUST 02/121201902:23 PM AMOUNT $22.00 11111111111111111111111111111111111111111111111111 IIII11111111111111111111111111111111111111111III 00462238201800128400050056 CROSS ACCESS AGREEMENT Not Write Above ibis Line THIS AGREEMENT, is trade and entered into on the date indicated herein by Heath Properties, LLC, hereinafter referred to as ,Grantor , or "Owner.,, WHEREAS, the Grantor is the owner of record of certain real estate located at 225 W. Franklin Road, Meridian, Idaho, Ada County parcel No 51213110356 and legally described as Parcel #0356 of NE4NE4 Sec 13 3N 1W #0355 —B ("Property„); and WHEREAS, pursuant to City of Meridian Application CUP (1-1-2017-0141), the owner of 305 W. Franklin, Ada County Parcel No S121311466, legally described as Parcel #0466 of NE4NE4 Sec 13 3N IW #0465 —13 ("Adjacent P,,i is prohibited from directly accessing Franklin Road for so long as the CUP is in effect; and WHEREAS, as a Condition of CUP H-2017-0141, the owner of the Adjacent Parcel is required secure a Cross Access Easement Road; and across the Property to provide access to W. Franklin NOW, THEREFORE, for and in consideration of the premises and of the covenants, agreements and conditions hereinafter set fort}, the parties agree as follows: ARTICLE I CONDITIONS 1.1 The Grantor hereby agrees to grant to Adjacent Parcel, a CROSS ACCESS across the Property to the curb cut on W. Franklin Road as required by Cup H-2017-0141. The location of this cross access between Property and the Adjacent parcel shall be as represented in Exhibit A. attached hereto. 1.2 If any change of the Property occurs per the Meridian City Code in effect at the time of the change, an amendment of this requited. agreement as outlined in Section 5.1 below shall be 1.3 This Cross Access Agreement runs concurrent with the time constraints of the CUP (H- 2017-0141) in effect, which expires in January of 2023. At that time this agreement will be null and void and a new agreement will need to be put in place with a new CUP. CROSS ACCESS AGREEMENT_ pAGE t OF 5 ARTICLE II TERMS 2.1 Definitions. For purposes hereof. (a) The term "Property" shall mean the Property located at 225 W. Franklin Road as legally described herein or and any future subdivisions of the Property. (b) The term "Adjacent Parcel shall mean the property located at 305 W. Franklin Road as legally described herein or and any future subdivisions of the Adjacent Property, (c) The term "Owner" shall include any and all successors or assigns of Owner as the owner or owners of fee simple title to all or any portion of the Owner's Parcel whether by sale, assignment, inheritance, operation of law, foreclosure, or otherwise, but not including the holder of any lien or encumbrance on the Owner's Parcel unless and until such holder becomes the record owner thereof. ARTICLE III DEFAULT 3.1 In the event the Owner fails to comply with the conditions set forth herein, within thirty (30) days of written notice of such failure from Adjacent Parcel, Adjacent Parcel shall have the right to, without prejudice to my other rights or remedies, to cure such default and enjoin such violation and otherwise enforce the conditions contained in this Cmss Access agreement, 3.2 If required to proceed in a court of law or equity to enforce any provision of this Cross Access agreement, the prevailing party shall be entitled to recover all direct out-of-pocket costs so incurred to cure or enjoin such default and to enforce the conditions contained in this Cross Access Agreement, including attorney's fees and court costs. ARTICLE IV ASSIGNMENT AND TRANSFER 4.1 After its execution, this Cross Access Agreement shall be recorded in the office of the County Recorder. Each condition herein shall run with the land. This Cross Access Agreement shall be binding on the Owner, and their respective heirs, administrators, executors, agents, legal representatives, successors, and assigns. Any new owner of the Property or any portion thereof (including, without limitation, any owner who acquires its interest by foreclosure, trustee's sale or otherwise) shall be liable for all conditions stated within this Cross Access and Through Access Agreement with respect to the Property or portion thereof. CROSS ACCESS AGREEM&Nf —PAGE 2 OF 5 ARTICLE v GENERAL MATTERS 5.1 Amendments: An alteration, change, or termination of this Cross Access A Any tt g gree ment shell be made only after written approval by the Owner. 5.2 Paragmoh Headings: This Cross Access Agreement shall be construed according to its fair meaning. Titles and captions are for convenience only and shall not constitute a Portion of this Cross Access Agreement. As used in this Cross Access Agreement, masculine, feminine or neuter gender and the singular or plural number shall each be deemed to include the others wherever and whenever the context so dictates. 5.3 Choice of Law: This Cross Access Agreement shall be construed in accordance with the laws of the State of Idaho in effect at the time of the execution of this Cross Access Agreement. Any action brought in connection with this Cross Access Agreement shall be brought in the Fourth Judicial District in Ada County, Idaho. 5.4 oti : Any notice which a party may desire to give to another party must be in writing and may be given by personal delivery, by mailing the same by registered or certified mail, return receipt, requested postage prepaid, or by Federal Express or other reputable overnight delivery service, to the party to whom the notice is directed at the address of such party set forth below; Owner: Heath Properties, LLC 948 W. Colchester Drive Eagle, Idaho 83616 Or other such address and to such other persons as the parties may hereafter designate. Any such notice shall be deemed given upon receipt if by personal delivery, forty-eight (48) hours after deposit in the United States Mail, if sent by mail pursuant tc the foregoing, or twenty-four (24) hours after timely deposit with a reputable overnight delivery service. 5.5 Effective Date: This Cross Access Agreement shall be effective upon the signing and execution of this agreement by all parties. 5.6 Authoritv to Enter Into By the execution and delivery of this Agreement the parties, and the performance of their covenants and obligations therein, thepartiesbY acknowledge such action has been duly authorized by all necessary corporate (or LLC) action, and necessary corporate (or LLC) resolution(s) have been executed for the undersigned representat ve(s) to sign this Agreement and so bind their respective parties. END OF TEXT— SIGNATURE PAGE TO FOLLOW CROSS ACCESS AGREEMENT—PAGE3 OF IN WITNESS WHEREOF, the Owner has executed this Cross Access Agreement. DATED this IL day of February, 2018. Gordon W. Heath Heath Properties, LLC STATE OF IDAHO ) : Ss. County of Ada ) On this 12. day of February, 2018, before the undersigned notary public in and for the said state, personally appeared Gordon W. Heath, known or identified to me to be the Manager of the LLC referenced herein and the person who executed the foregoing instrument on behalf of said LLC. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written. NV14 67virlalr Notary Publi6 forldtcj Z$0 A SPI Residing at: 'inWfdApt,,83b�iv My Commission Expires: I CROSS ACCESS AGREEMENT—PAGE 4 OF 5 ; CROSS ACCESS AGREEMENT -PAGE 5e5 } k ■k } |7 , k W i / , | [ \_, ` k K \° ; CROSS ACCESS AGREEMENT -PAGE 5e5 } k ■k } |7 , k W i / , |