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Windsor Estates-CS00090709/07/2000 18:12 9724373611 SCENPRO PAGE 02 COPPELL SLOPE ~GREEMENT THE STATE OF TEXAS ) COUNTY OF DALLAS ) KNOW ALL BY THESE PRESENTS: T~t Scott and Sharon Watts (hereinn~er c~lled "Grantor" wittier one or more natural pernon, of legal entities) in the County of Dallas, State of Texa~, for the conalderution of the sum often ($10.00) DOLLARS to the undersiBned in hand paid by the City of Coppell (hereinafter called Grantee). the mc~eipt of which is hereby acknowledged and confessed, and the further benefits to be derived by rernainin8 proper~y a~ a ~esult of projected improvements, has conveyed and does hereby grant, and convey unto Grantee, it~ successor~ ~nd acknowledges an agreement for the purpose of con~'uctlng, mainlining and using storm water dr~innge facilities in, under, over, through, across and along all that certain lot, tract or pamel ct'land de~;ribed in Exhibit A, n~tached hereto and mad~ a pm hereof by referenc~ for nil purposes. Grantee is acquiring this property for the purpose ofconstrucfng, malntalnin$ a slope from the surface of Deforest Road. including the right to make the improvements on such ~'ade and according to such plans and opinion, to best ~erve the storm w~ter drainage use. The payment for such use herein conveyed shall be considered full compen~tlon for same ~d for any diminution in value that may result to the remaining property by virrde of project proximity thereto, grade alignment, utility installation, or the alterslion ofdraina~e patterns. Grantee shall have the right to maintain the grade ns n~eded to meet the intended funcfon of sald slope. TH~ agreement rights and privileges herein gnmted shall be perpetual and shall constitute an agreement running with the land and shall be bindin$ upon and insure to inure to the benefit of Gr~ntor and Grantee. respective heirs, successors and assigns. TO HAVE AND TO HOLD the above described agreement, together with nil and singular the rights and appurtenances thereto in anywise belonging unto the said Grantee, its successors nnd n~signs forever, and Grantor is hereby bound. together with all heir~ ~xecutors, administrators or successors, to Wan'ant and Forever Defend all and singular and said · ~reoment unto Grantee, its successors and assigns, ~ainst every per,on whoms~-ver lawfully claiming, or to claim the same or ~y part thereof. EXECUTED this "74~' day of ~ ~' PT. ~, 2000. BY: ........... Print name: Sharon M. Watts . . STATE OF TEX~t~ "~ Nota~/Public. State of Texas 09/07/2000 i8:i2 9724~7~6~ 5CENPRO PAGE EXHIBIT A Being a 1,838 square feet (0.0422 acre) slope easement situated in the W.A. Trimble Survey, Abstract No. 1268, City of Coppell, Dallas County, and being part of a 0.930 acre tract of land described in deed to Scott and Sharon Watts, recorded in County Clerk's Instrument Number 96~P,0012017, of the Deed Records of Dallas County, Texas, (DR.D.C.T.), said parcel of land also being part of Lot 1, Nettie Long Addition, recorded in Volume 96044, Page 0233 D.R.D.C.T., said parcel of land being more particularly described by metes and bounds as follows: COMMENCING at a I/2-inch capped iron rod found for a comer at the southwest comer cfa tract of land described in deed to Coppell Optimum Assets, LLC., recorded in County Clerk's Instrument Number 97-R0067506, D.R.D.C.T. THENCE North 00 degrees 00 minutes 00 seconds East, along the west line of said Coppell Optimum Assets tract a distance of 30.00 feet to the POINT OF BEGINNING, said point being the southeast corner of said Lot !, said point also being on the north right-of-way line of Deforest Road, a 40 foot R.O.W.; THENCE South 90 degrees 00 minutes 00 seconds West, along said right-of-way line and along the south line of said Lot l, a distance of 293.08 feet to a found P.K. nail for a corner, said nail being the southwest comer of said Lot 1, said nail also being the southeast corner of a tract of land described in deed to Castellan Development, LP., recorded in Volume 9919, Page 03610, D.R,.D.C.T.; THENCE North 00 degrees 00 minutes 00 seconds East, along the east line of said Castellan Development tract and the west line of said Lot I, a distance of 3.00 feet to a point for a corner; THENCE North 90 degrees O0 minutes 00 seconds East departing said east and west line, a distance of 38.63 feet to a point for a corneT; THENCE North 78 degrees 10 minutes 43 seconds East, a distance of I ! .14 feet to a point for a comer; THENCE North 88 degrees 52 minutes 09 seconds East, a distance of 170.76 feet to a point for a comer; THENCE South 80 degrees 08 minutes 18 seconds East, a distance of 15.73 feet to a point for a comer; THENCE North 88 degrees 52 minutes 09 seconds East, a distance of 57.33 feet to a point for a comer, said point being on the east line of said Lot 1 and west line of said tract deeded to Coppcll Optimum Assets; THENCE South 00 degrees 00 minutes 00 seconds West, along said east and west distance of 7.09 feet to the POINT OF BEGI'NNING AND CONTAINING 1,838 (0.0422 acres) of land more or less.