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Sandy L Add L2BA-ES 901211When recorded, return to: Holmes Millard & Duncan 1201 Elm Street, Suite 2200 Dallas, Texas 75270 Attention: Brad Begin RECIPROCAL EASEMENTS AGREEMENT (CROSS - ACCESS) STATE OF TEXAS § § COUNTY OF DALLAS § Location No. 6A MBB/594.11 iti KNOW ALL MEN BY THESE PRESENTS THAT WHEREAS, JEMtex DEVELOPMENT NO. GA, INC. ( "Purchaser ") , a Texas corporation, is the owner of that certain real property described in Exhibit A attached hereto (hereinafter referred to as "Parcel I "); and WHEREAS, SANDY LAKE CORNERS JOINT VENTURE ( "Seller ") is owner of that certain real' property described in Exhibit B attached hereto (hereinafter referred to as "Parcel II"); NOW, THEREFORE, the parties hereto do hereby agree as follows: 1. Grant of Easement by Purchaser In consideration of the reciprocal easement herein granted by Seller, Purchaser has granted, sold and conveyed, and by these presents does hereby grant, sell and convey unto Seller, a non - exclusive, perpetual, but limited, easement upon and across Parcel I for the sole purposes of providing a common entrance, and pedestrian and vehicular ingress and egress to Parcels I and II. 2. Grant of 'Easement by Seller In consideration of the reciprocal easement herein granted by Purchaser and subject to the terms of Section 5 of this Agreement, Seller has granted, sold and conveyed, and by these presents does hereby grant, sell and convey unto Purchaser non - exclusive, perpetual, but limited, easement upon and across that portion of Parcel II more particularly described on Exhibit C attached hereto (the "Samuel Access Easement ") and that portion of Parcel II more particularly described on Exhibit D attached hereto (the "Sandy Lake Access Easement ") (the Samuel Access Easement and the Sandy Lake Access Easement are herein sometimes collectively referred to as the "Cross Access Easements "), for the sole purposes of providing common entrances, and pedestrian and vehicular ingress and egress to Parcels I and II. 90240 0496 3. Easement Roadway Improvements (a) Without limiting the generality of the easement granted by Seller to Purchaser in Section 2 of this Reciprocal Easements Agreement, Seller hereby further agrees that Purchaser may construct up to a thirty foot (30 roadway, at its sole cost and expense, upon either or both the Sandy Lake Access Easement (the "Sandy Lake Access Improvements ") and that portion of the Samuel Access Easement more particularly described on Exhibit E attached hereto (the "Initial Samuel Access Improvements ") (the Sandy Lake Access Improvements and the Initial Samuel Access Easement are sometimes herein collectively referred to as the "Easement Roadway Improvements "), which Easement Roadway Improvements may be constructed of concrete, asphalt, or any other substance of similar and permanent nature acceptable to the City of Coppell. (b) Seller, at Seller's sole cost and expense, may relocate the Initial Samuel Access Improvements, as initially constructed or as previously relocated, to any other area within the Samuel Access Easement (as such area may be reduced from time to time pursuant to Seller's unilateral partial release of portions of same pursuant to the terms of Section 5 hereof) upon the following terms and conditions: (i) The configuration of any such relocation of the Initial Samuel Access Improvement shall be reasonably similar to the Initial Samuel Access Easement and shall be located so as to provide access over the existing curb cut of Samuel Boulevard; (ii) Seller shall build the relocated access roadway (the "Relocated Access Roadway ") using the same materials as Purchaser used to construct the Initial Samuel Access Improvements on the Samuel Access Easement (or such other materials as may be reasonably acceptable to Purchaser) and such Relocated Access Roadway shall be of the same or better quality, when completed, as the Initial Samuel Access Improvements constructed by the Purchaser on the Samuel Access Easement; and (iii) Seller shall use good faith reasonable efforts to ensure that such Relocated Access Roadway shall be substantially constructed and available for use for vehicular and pedestrian egress and ingress prior to the abandonment or restriction of use of the Easement Roadway Improvements -2- 90240 0497 constructed by Purchaser on the Samuel Access Easement; provided, however, in no event shall Seller be permitted to completely restrict access between Parcel I and Samuel Boulevard over and across a roadway on the Samuel Access Easement for more than one twenty -four (24) consecutive hour period in any six (6) month period. 4. Temporary Construction Easements Without limiting the generality of the easements granted to Purchaser in this Agreement, Seller has granted, sold and conveyed and by these presents does hereby grant, sell and convey unto Purchaser temporary construction easements (collectively, the "Temporary Construction Easements ") for use in constructing the Easement Roadway Improvements to be constructed over the Cross Access Easements. The Temporary Construction Easements granted to Purchaser by Seller hereunder for purposes of constructing the Easement Roadway Improvements over the Cross Access Easements shall cover that portion of Parcel II over which the Easement Roadway Improvements are to be constructed and an area twenty -five feet (25 on both sides of the area upon which the Easement Roadway Improvements are to be constructed (the "Temporary Construction Easements Area "). The Temporary Construction Easements Area may be used for any purpose that Purchaser may reasonably require in connection with the construction of the Easement Roadway Improvements on the Cross Access Easements. Purchaser shall remove any debris that may be located on Parcel II in connection with the construction of the Easement Roadway Improvements on the Cross Access Easements, and following the completion of the construction of the Easement Roadway Improvements, Purchaser shall restore the Temporary Construction Easements Area to the same or substantially similar condition of such property (except for the roadways constructed thereon) as existed prior to the construction of the Easement Roadway Improvements. The Temporary Construction Easements shall terminate automatically and be of no further force and effect on the first to occur of (i) the two -year anniversary date of the date of this Agreement, or (ii) the date upon which all improvements to be constructed on Parcel I have been completed. 5. Partial Release of Easement Seller shall have the right at any time to release portions of the Samuel Access Easement by unilateral release recorded by Seller as long as at least a thirty foot (30 access easement area and access roadway improvements (after the original construction thereof has been completed by Purchaser) are maintained within the Samuel Access Easement. Upon request by Seller, Purchaser agrees to execute and deliver to -3- 90240 0498 Seller a Release Agreement, prepared by Seller at Seller's sole cost and expense and in a form reasonably acceptable to both Seller and Purchaser, evidencing the release of all portions of the Samuel Access Easement unilaterally released by Seller pursuant to the terms of this Section 5. 6. Additional Access Easement At such time as Seller or the successors or assigns of Seller have initiated the construction of improvements on the portion of Parcel II immediately adjoining the easternmost boundary of the improvements to be constructed on Parcel I and, as a result thereof, effectively restrict or prohibit the use by Purchaser of the Easement Roadway Improvements located on that portion of the Samuel Access Easement more particularly described on Exhibit --F attached hereto (the "Release Access Easement ") , Seller shall grant, sell and convey and by these presents shall at such time be deemed to have automatically granted, sold and conveyed unto Purchaser an additional access easement over that portion of Parcel II set forth on Exhibit G attached hereto and incorporated herein by this reference (the "Additional Access Easement "), over which Additional Access Easement Purchaser shall be permitted to construct a roadway, if necessary, to enable Purchaser to use such Additional Access Area for purposes of providing vehicular and pedestrian ingress and egress between Parcel I and Samuel Boulevard. At such time as the Additional Access Easement has been granted by Seller to Purchaser, Purchaser shall (a) execute and deliver to Seller a release of the Release Access Easement, and (b) use its good faith best efforts to use the Additional Access Easement as the primary truck route in connection with the operation of its business on Parcel I. Seller shall have the right to modify the alignment of the Additional Access Easement, subject to the approval of the locations, size and configuration of any modified alignment by Purchaser, which approval shall not be unreasonably withheld or delayed. 7. Easements Perpetual The reciprocal easements and rights -of -way herein granted are appurtenant to and run with the title to the land and shall be perpetual and the parties hereby bind themselves, their successors and assigns to warrant and forever defend the above - described reciprocal easements and rights -of -way unto each other, their successors and assigns, and against every person whomsoever lawfully claiming or to claim the same or any part thereof, by, through or under Seller, but not otherwise. -4- 90240 0499 (b) Purchaser and Seller covenant and agree that the servitudes, easements, rights, rights -of -way, privileges, agreements, covenants and restrictions and all other terms hereof shall be binding upon their respective successors and assigns and all other persons or entities having or hereafter acquiring any right, title or interest in Parcel I or Parcel II, and all other persons and entities claiming by, through or under said owners and their respective successors and assigns. TO HAVE AND TO HOLD said easements together with, all and singular, all rights, privileges and hereditaments thereto in anywise belonging, unto Purchaser and Seller and their respective successors and assigns forever. IN WITNESS WHEREOF, the parties have executed this agreement as of the 7th day of December, 1990. PURCHASER JEMtes DEVELOPMENT NO. GA, INC., a Texas corporation By . James E. Martin, President SELLER SANDY LAKE CORNERS JOINT VENTURE By: ALLEN PROPERTY CORPORATION, a Texas corporation, Manager 1 n By: Michae R. Allen, Presid nt -a- 90240 0503 STATE OF TEXAS § § COUNTY OF DALLAS § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared JAMES E. MARTIN, President of JEMtex DEVELOPMENT NO. GA, INC., a Texas corporation, known to me to be the person and officer whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND December, 1990. SEAL OF OFFICE this zz day of NOTARY PUBLIC in and for THE STATE OF TEXAS Commission Expires: STATE OF TEXAS § KATHERINE LYNNE MORRIS • • Ny C�MNt630i EXF:RE3 § �'' % Septambei 26. 1994 COUNTY OF DALLAS § BEFORE ME, the undersigned, a Notary Public, on this day personally appeared MICHAEL R. ALLEN, President of ALLEN PROPERTY CORPORATION, a Texas corporation, Manager of SANDY LAKE CORNERS JOINT VENTURE, known to me to be the person and officer whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, and in the capacity therein stated. GIVEN UNDER MY HAND AND December, 1990. My Commission Expires: KATHERM LYNNE MORRIS ' 11 w EVWO �„;a±; •' September 26, 1994 SEAL OF OFFICE this day of NOTARY PUBLIC in and for THE STATE OF TEXAS -9- 90240 0504 Exhibit A BEING a tract of land situated in the S. M. Hiatt Survey, Abstract No. 638 in the City of Coppell, Dallas County, Texas and also being part of a tract of land conveyed to M. Douglas Adkins, Trustee, as described in Volume 76118, Page 2355 of the Deed Records of Dallas County, Texas and being more particularly described as follows: BEGINNING at a point for corner on the north line of Sandy Lake Road (a 60 foot right -of -way), said point being S. 88 W., 488.71 feet from the intersection of the said north line of Sandy Lake Road with the west line of Samuel Boulevard (a variable width right -of -way); THENCE S. 88 W., 259.02 feet continuing along the said north line of Sandy Lake Road to a point for corner; THENCE N. 0'54 W., 636.40 feet leaving the said north line of Sandy Lake Road to a point for corner; THENCE THENCE THENCE THENCE THENCE THENCE and contain. N. S. S . S. N. S. ing 88 E., 283.40 feet t 1'24 E., 220.00 feet to 89'05 W., 52.27 feet to 0'54 E., 155.81 feet to 89'05 E., 26.00 feet to 0'54 1 46" E., 260.00 feet to 3.816 acres (166,236 square o a point for corner; • point for corner; • point for corner; • point for corner; • point for corner; the Point of Beginning feet) of land. 594.11 90240 0505 EXHIBIT B Reciprocal saS*ments Agreement (Cross Access) Parcel II Description BEING a tract of land situated in the S. M. Hiatt Survey, Abstract No. 638 in the City of Coppell, Dallas County, Texas and also being part of a tract of land conveyed to Sandy Lake Corners Joint Venture, as described in Volume 90132, Page 0527 of the Deed records of Dallas County, Texas and being more particularly described as follows: BEGINNING at a point of intersection of the north line of Sandy Lake Road (a variable width right -of -way) with the west line of Samuel Boulevard (a variable width right -of -way); THENCE S.88 "W., 488.71 feet along the said north line of Sandy Lake Road to a point for corner; THENCE N.00 "W., 260.00 feet to a point for corner; THENCE S.89 "W., 26.00 feet to a point for corner; THENCE N.00 "W., 155.81 feet to a point for corner; THENCE N. 89 52.57 feet to a point for corner; THENCE N.01 "W., 30.00 feet to a point for .corner; THENCE N.88 "E., 458.00 feet to a point for corner; THENCE S.01 "E., 443.93 feet along the said west line of Samuel Boulevard to the Point of Beginning, and containing 5.042 acres of land. cross /parcel II 90240 0506 URIBIT C Reciprocal sasements Agreement (Cross Access) Samuel Access sasement BEING a tract of land situated in the S. M. Hiatt Survey, Abstract No. 638 in the City of Coppell, Dallas County, Texas and also being part of a tract of land conveyed to Sandy Lake Corners Joint Venture, as described in Volume 90132, Page 0527 of the Deed records of Dallas County, Texas and being more particularly described as follows: COMMENCING at a point of intersection of the north line of Sandy Lake Road (a variable width right -of -way) with the west line of Samuel Boulevard (a variable width right -of -way); thence N.01 "W., 225.00 feet along the said west line of Samuel Boulevard to the Point of Beginning; THENCE S.88 "W., 486.77 feet to a point for corner; THENCE N.00 "W., 64.98 feet to a point for corner; THENCE S.89 "W., 26.00 feet to a point for corner; THENCE N.00 "W., 155.81 feet to a point for corner; THENCE N.89 "E., 30.00 feet to a point for corner; THENCE S.00 "E., 141.36 feet to a point for corner; THENCE N.89 "E., 160.00 feet to a point for corner; THENCE N.00 "W., 72.73 feet to a point for corner; THENCE N.88 "E., 321.26 feet to a point for corner; THENCE S.01 "E., 148.93 feet along the said west line of Samuel Boulevard to the Point of Beginning, and containing 1.506 acres of land. cross /samuel access 90240 0507 EXSIBIT D Reciprocal sasements Agreement (Cross Access) Sandy Lake Access Easement BEING a tract of land situated in the S. M. Hiatt Survey, Abstract No. 638 in the City of Coppell, Dallas County, Texas and also being part of a tract of land conveyed to Sandy Lake Corners Joint Venture, as described in Volume 90132, Page 0527 of the Deed records of Dallas County, Texas and being more particularly described as follows: COMMENCING at a point of intersection of the north line of Sandy Lake Road (a variable width right -of -way) with the west line of Samuel Boulevard (a variable width right -of -way); thence S.88019 "W., 265.18 feet along the said north line of Sandy Lake Road to the Point of Beginning; THENCE S.88 "W., 30.00 feet to a point for corner; THENCE N.01040 "W., 55.00 feet to a point for corner; THENCE S.88 "W., 192.81 feet to a point for corner; THENCE N.00054 "W., 30.00 feet to a point for corner; THENCE N.88019 "E., 222.41 feet to a point for corner; THENCE S.01040 "E., 85.00 to the Point of Beginning, and containing .191 acres of land. cross /sandy lake access 90240 0508 ZXHISIT Z Reciprocal Zasements Agreement (Cross Access) Initial Samuel Access Improvements BEING a tract of land situated in the S. M. Hiatt Survey, Abstract No. 638 in the City of Coppell, Dallas County, Texas and also being part of a tract of land conveyed to Sandy Lake Corners Joint Venture, as described in Volume 90132, Page 0527 of the Deed records of Dallas County, Texas and being more particularly described as follows: COMMENCING at a point of intersection of the north line of Sandy Lake Road (a variable width right -of -way) with the west line of Samuel Boulevard (a variable width right -of -way); thence N.01 "W., 210.00 feet along the said west line of Samuel Boulevard to the Point of Beginning; THENCE S.88 0 19 1 50 "W., 265.86 feet to a point for corner and being the beginning of a curve to the right having a central angle of 38 ", a radius of 90.00 feet, and a chord bearing of N.72 "W.; THENCE along said curve 60.60 feet to the end of said curve and being the beginning of a curve to the left having central angle of 37 a radius of 60.00 feet and a chord bearing of N.72 "W.; THENCE along.said curve 39.61 feet to the end of said curve; THENCE 5.89 "W., 127.52 feet to a point for corner and being the beginning of a curve to the right having a central angle of 0 ", a radius of 60.00 feet, and a chord bearing of S.89 "W.; THENCE along said curve 0.04 feet to the end of said curve; THENCE N.00 0 W., 15.56 feet to a point for corner; THENCE S.89 "W., 26.00 feet to a point for corner; THENCE N.00 0 W., 22.73 feet to a point of corner, being in a curve to the right running in a southeasterly direction and having a central angle of 12020 ", a radius of 60.00 feet, and a chord bearing of S.69 0 07 1 50 "E.; THENCE along said curve 12.93 feet to the end of said curve and being the beginning of a curve to the left having a central angle of 27057 a radius of 30.00 feet, and a chord bearing of S.76 "E.; THENCE along said curve 14.64 feet to the end of said curve; THENCE N.89 "E., 127.52 feet to a point for corner, and being the beginning of a curve to the right having a central angle of 37 a radius of 90.00 feet, and a chord bearing of 90240 0509 S.72 "E.; THENCE along said curve 59.42 feet to the end of said curve and being the beginning of a curve to the left having a central angle of 38 a radius of 60.00 feet, and a chord bearing of S.72022 0 E.; THENCE along said curve 40.40 feet to the end of said curve; THENCE N.88 0 19 1 50 "E., 265.96 feet to a point for corner; THENCE S.01029 "E., 30.00 feet along the said west line of Samuel Boulevard to the Point of Beginning, and containing 0.351 acres of land. cross /samuel improvement - 2 - 90240 0510 ZXXIBIT l Reciprocal Zasements Agreement (Cross Access) Release Access casement BEING a tract of land situated in the S. M. Hiatt Survey, Abstract No. 638 in the City of Coppell, Dallas County, Texas and also being part of a tract of land conveyed to Sandy Lake Corners Joint Venture, as described in Volume 90132, Page 0527 of the Deed records of Dallas County, Texas and being more particularly described as follows: COMMENCING at a point of intersection of the north line of Sandy Lake Road (a variable width right -of -way) with the west line of Samuel Boulevard (a variable width right -of -way); thence N.01 "W., 633.93 feet along the said west line of Samuel Boulevard to a point for corner; thence 5.88 "W., 458.00 feet to a point for corner; thence S.01 "E., 220.00 feet to a point for corner; thence 5.89 "W., 22.57 feet to the Point of Beginning; THENCE S.00 "E., 141.36 feet to a point for corner; THENCE S.89 "W., 3.96 feet to a point for corner; being the beginning of a curve to the right having a central angle of 27 ", a radius of 30.00 feet and a chord bearing of N.76 "W.; THENCE along said curve 14.64 feet to the end of said curve and being the beginning-of a curve to the left having a central angle of 12 ", a radius of 60.00 feet and a chord bearing of N.69 "W.; THENCE along said curve 12.93 feet to the end of said curve; THENCE N.00 "W., 133.07 feet to a point for corner; THENCE N.89 "E., 30.00 feet to the Point of Beginning, and containing .095 acres of land. �v cross /release access 90240 0511 Reciprocal sasements Agreement (Cross Access) Additional Access sasement BEING a tract of land situated in the S. M. Hiatt Survey, Abstract No. 638 in the City of Coppell, Dallas County, Texas and also being part of a tract of land conveyed to Sandy Lake Corners Joint Venture, as described in Volume 90132, Page 0527 of the Deed records of Dallas County, Texas and being more particularly described as follows: COMMENCING at a point of intersection of the north line of Sandy Lake Road (a variable width right -of -way) with the west line of Samuel Boulevard (a variable width right -of -way); thence N.01 "W., 448.93 feet along the said west line of Samuel Boulevard to the Point of Beginning; THENCE S.88 0 31 1 00 "W., 458.00 feet to a point for corner; THENCE N.01 0 29 1 00 "W., 25.00 feet to a point for corner; THENCE N.88 0 31 1 00 "E., 458.00 feet to a point for corner; THENCE S.01029 "E., 25.00 feet along the said west line of Samuel Boulevard to the Point of Beginning, and containing .263 acres of land. cross /additional access 90240 0512 E 1 SO 0 cr 1 Q om, 3= 53 �0 a • O �Oj ,� .e c : P' • 0' a �. =,• �- o� tt• =�. h ����� r - - - ' , .. i ��nn..��� '� � '� Sr 5 4 m # � ��,.� ° -.� c ;' � 7� "- fa`r' e ` �,�,..�` n �. f ' "^ », a r t a)- y � i a .. n A. y 4 * 4� r :. r �.. y y� � f .. � �1 T .� 'r �1.. �' 1 9 y s 4 k Q �F q ;�� A