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Pecan Hollow-ES 910213 (2)STATE OF TEXAS § KNOW AT,T, MEN BY THESE PPd~SENTS: OOUNTY OF DBT.TAS THAT ABQ FEDERAL SAVINGS BANK (hereinafter called "Grantor"), acting by and through its conservator, The Resolution Trust Corpora- tion, for and in consideration of the sum of TEN AND NO/100 DOLTARS ($10.00) to Grantor in hand paid by PECAN HOLLOW JOI~£ ~, a Texas Joint Venture, with its principal place of business in Dallas County, Texas (hereinafter called "Grantee"), and other good and val~ahle consideration, the receipt and sufficiency of which are hereby acknowledged, has GRANR~D, SOIJD, AND CONVEYED, and by these presents does GRANT, S~.L, AND CONVEY, unto Grantee a non-exclusive drainage easement for the purpose of locating, constructing, placing, repairing, maintaining, or replacing store drain improven~nts (herein- after called "Store Drain Improvements") upon those certain tracts of land more particularly described on Exhibits "A-I", "A-2", "A-3", "B-I", "B-2", and "B-3" attached hereto and made a part hereof for all purposes (hereinafter sometimes collectively called the "Easement Tracts"). As additional consideration for the granting of this easement, Grantee agrees to construct the Storm Drain Improvements within the Easement Tracts as described (a) in the storm sewer construction plans for lines A, B, C, and C-1 for Pecan Hollow Addition as shown on sheets 2, 3, and 6 dated March 1990, and bearing the seal of Dan M. Dowdey, Registered Professional Engineer, and (b) in those plans bearing the seal of Dan M. Dowdey, Registered Professional Engineer, dated March 1984, and being sheet SD-14 of the Standard Construction Details-Storm Sewer entitled "Headwall Details" with such design changes as are necessitated by (x) a 4:1 channel slide slope, rather than the slope as shown on such plan; and (y) the orientation of the headwalls at an angle to the channel sideslope, rather than being perpendicular to the sideslope as shown on such plans. Grantee agrees that the headwalls constructed at the storm drain discharge points shall conform to or be slightly recessed into the proposed south drainage channel sideslope to avoid presenting an obstacle to drainage flow in the drainage channel. Nothing contained herein shall grant, or be construed to grant, Grantee the right to use the Easement Tracts for any purpose other than for the purposes set forth herein. TO HAVE AND TO HOLD the above-described easement, together with all and singular the rights and appurtenances thereto in anywise belonging unto Grantee, its successors, and assigns forever; and Grantor does hereby bind Grantor and Grantor's successors and assigns to ~RRANT AND FOREVER DEFENqD all and singular the said easement unto the said Grantee, its successors, and assigns against every person ~oever lawfully claiming or to claim the s~r~ or any part thereof by, through, and under Grantor, but not otherwise. -1- This easement is granted, and accepted, subject to all covenants, restrictions, encumbrances, liens, and other matters (i) of record in Dallas County, Texas, and/or (ii) visible and on the ground or that a correct survey would reveal, to the full extent same exist and affect the easement herein granted. Any consideration initially passing to Grantor frc~ Grantee in connection with the execution of this agreen~nt is solely for the grant of the easement herein granted and for damages necessarily caused to the surface of Grantor's lands within t/he Easement Tracts in connection with the initial construction of the Storm Drain Improve- ments, and does not cover any damages which may accrue to Grantor's other lands frc~ time to time by reason of the construction, opera- tion, maintenance, repair, alteration, and/or servicing of the Storm Drain Improvements or any other damages incurred from time to time, and Grantee shall pay and agrees to pay Grantor any and all other such damages promptly as they may accrue. Upon c~t~letion of the construction and installation of the Storm Drain Improvements, Grantee shall (i) repair all damage to any im- provements upon the land and restore same to substantially their prior condition to the full extent reasonably practicable, and (ii) restore and clean up the surface of the land covered by the Easement Tracts and any land adjacent thereto to substantially its prior condition to the full extent reasonably practicable. Grantee hereby agrees to indemnify and hold Grantor harmless frcm all damages, claims, or causes of action which result frcm the use by the Grantee of the easement granted herein. Should it beccme necessary at any time subsequent to completion of the Storm Drain Improvements for Grantee or its agents to enter upon the Easement Tracts for the purposes of maintaining, repairing, and/or altering th~ Storm Drain Improvements as permitted hereunder, Grantee shall, after each entry upon said land, leave said land at the same level and condition that it was in prior to such entry to the full extent reasonably practicable; and in the event that any such entry should cause or produce damage to any improvements that may be situated on said land, or cause or produce damages to the surface of the land or any other lands of Grantor, Grantee shall prc~ptly pay to Grantor any and all damages that may be caused by reason of any such subsequent entry. Grantor expressly reserves unto itself, its successors, and assigns the right to use and enjoy the land covered by the Easement Tracts for any purposes whatsoever, except insofar as said use and enjoyment unreasonably interfere with the rights hereby granted to All persons entering upon the Easement Tracts under this grant shall confine themselves to the operations and purposes contemplated herein, and no trespassing or other uses shall be permitted by Grant- ee, its employees, agents, or contractors. -2- It is understood and agreed that this agreement is an easement only and in no way grants or conveys any part of the underlying fee simple estate of any lands c~ned by Grantor. This agre~nent and all of the terms, provisions, and obligations hereof shall be covenants running with the land affected thereby, and shall inure to the benefit of and be binding upon Grantor and Grantee and their respective successors and assigns. Grantee's rights here- under may also be exercised, at Grantee's option, by Grantee's con- tractors, agents, and employees. Further, Grantee shall have the right to assign its rights hereunder to the City of Coppell, Dallas County, Texas. IN WITNESS WHEREOF, this instrument is executed thisl3th day of February , 199 1. GRANTOR: By: The Resolution Trust Corporation, as Conservator for ABQ Federal Savings Bank ABQ Federal Savings Bank and Under Delegation of Authority frcm Charles C. Mann, Managing Agent of ABQ Federal Savings Bank, acting under authority of that certain Delegation of Authority dated August 20, 1990, from James D. Densmore, Deputy Regional Director, Western Region, The Resolution Trust Corporation PECAN HOLLOW JOINT VENTURE By: --- C~.~ .... ~ ~-5__~ i ~'. Printed Name: .L~rry R. Taylor Authorized Business Manager -3- STATE OF NEW ~ICO (3DUNTY OF BERNALTT,T O This instrument was acknc~ledged before me on the //~ day of ~¢~r~,ff , 1991, by Stanley Strickman, Senior Vice President of ABQ Federal Savings Bank and as the delegate of authority frc~u Charles C. Mann, Managing Agent of ABQ Federal Savings Bank, acting under authority of that certain Delegation of Authority dated August 20, 1990, frcm James D. Densmore, Deputy Regional Director, Western Region, The Resolution Trust Corporation. ...~f...~,,.,., ~-' r'-t- .:...! ~.?:::.,~ ED;'~A ........ '":":' :,..-.....::..z.-.:ii:~.,;i.'-..: [.4or:~:,,.r ,--'._,:~c:..: - ~.:-~,.,r:~: c.:' ::: :'. ':, ×~:..r. Notary Pabl'ic, State of f','.-'-.: v ~]:-': (i r l[,.J '*~;i:', ;'[,--~,;..l'-, -t:..:,...'.~j~.-'; ... ,. ., ..., '~<.'~ ~',:%{ ~-/ b~y Cc~n:;:.::-~.:i := [-'- :' .' .'.'-: .................... My Cc~,,~dssion Expires: STATE OF TEXAS ~OUNTY OF DAT.TAS This instrument was acknowledged before me on the 13th day of February , 1991, by Larry R. Taylor ,Business Manage~on behalf of Pecan Hollow Joint Venture, a Texas Joint Venture. .... -- · //"'~ / c/?~.." ...... -"''~ /'~.'~./~?,.., d,"' .-~ ..... ; ~. .:-"~_'~.~% V. MARIE ALDRIDGE Notary Public, State 6f Texas MY CO~.M~$SION ~XPiRE$ ...~.,. _%.. F.~maU 8, 1~ , Printed Name: ~.~.>'3.../J~;/.~'-~.. ~..~ ." 5~f Cc~mission Expires: . ~"' JAMES W. SC~.T. POPE, HARDWICKE, CHRISTIE, HARRRLL, SCR~T.T. & Rq~T.Ly 901 Fort Worth Club Building 306 West 7th Street Fort Worth, Texas 76102-4900 24.S1 -4- DRAINAGE EASEME~IT BEING a 30 foot by 50 foot strip of ].and situated in the Siber=d Henderson Survey, Abstract No. 629 in the City of Coppell, Dallas County, Te>:as and being moro particularly described as follows: BEGINNING at a point for corner that is S.89°03'35" %-;. , 37] .Sf~ feet fr~m, the most southerly southwest corner of Lot 20 in Block 4 of Parkview Addition, an addition to the City of Coppell as recorded in Volume 880B1, Page 1944 of the Deed Records of Dallas County, Texas; THENCE S.89°03'35'' W., 50.00 feet to a point for corner; THENCE N.00~56'25'' W., 30.00 feet to a point for corner; THENCE N.89°03'35'' E., 50.00 feet to a point for co£ner; THENCE S.00°56'25'' E., 30.00 feet to the POINT OF BEGINNING and containing 1,500 square feet of land. "EXHIBIT A- I." DRAINAGE EA.q EMENT BEING a 30 foot by 50 foot strip of land situated in thc Sibered Henderson Survey, Abstract No. 629 in the City of Ccppell, Dallas County, Texas and being more particularly described as follows: BEGINNING at a point for corner that is S.89°03'35'' %'.~. ,975.58 feet from the most southerly southwest corner of Lot 20 in Block 4 of Parkview Addition, an addition to the City of Coppell as recorded in Volume 88~-]~1, Page 1944 of the Deed Records of Dallas County, Texas; THENCE S.89"03'35" W., 50.00 feet to a point for corner; THENCE N.00"56'25" W., 30.00 feet to a point for corner; THENCE N.89"03'35" E., 50.00 feet to a point for corner; THENCE S.00~56'25" E., 30.00 feet to the POINT OF BEGIN.NI~G and conuaining 1,500 square feet of land. "EXtt] BlT A-2" DRA I !-~AGE EA$ EME~.~T BEING a 25 foot by 50 foot strip of land situated in the Sibered tienderson Survey, Abstract No. 629 in the City of Coppell, Dallas County, Texas and being more particularly described as follows: BEGINNING at a point for corner that is S.89°03'35" W. , 21.5S feet from the most southerly southwest corner of Lot 20 in Block 4 of Parkvi~:w Addition, an addition to the City of Coppell as recorded in Volume ~,.](,'.B1, Page ~944 of %he Deed Records of Dallas County, Texas; THENCE S.89°03'35'' W., 50.00 feet to a point for coruer; THENCE N.00056'25" W., 25.00 feet to a point for corner; THENCE N.89~03'35" E., 50.00 feet to a point for corner; THENCE S.00056'25" E., 25.00 feet to the POINT O[.' Ii.EGi{;NI~-iG and containing 1,250 square feet of land. PAR KVIEW ADDITION ~ VOL. 1~80EII , PG ALEx DRIVE 18 · 20 :212223 o ~ _ ~_o_' _ ~ ., ..o ~.~,... , ~.oo~.~.,~ ~o, ~ / ~o' "'-'1 I . / i I~$.sg°o~'z~"~,~ z?L~' ~1 · Ex. I§' ALLEY ~ '~1o' ~\ I i' " I s. ~ooz,?~,, w.~ POINT I OF 9 [ I0 I II 12 PROPOSED PECAN HOLLOW ADDITION DRAINAGE EASEMENT CITY OF COPPELL SIBERED HENDERSON SUR. , ABST. 629 DALLAS COUNTY , TEXAS "F'..XII I B I T 13 - 1." DAN M. DOWDEY 8, ASSOCIATES sc.~,l":6o' .,,,,~-2-9o 16250 DALLAS PKWY. (214)9:51-0694 DALLAS,TEXAS JoI~No 89-100