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ST16-01A-ES220411CFT NV Developments, LLC Sidewalk Easement AFTER RECORDING RETURN TO: City of Coppell Attn: City Secretary 255 E. Parkway Blvd. Coppell, Texas 75019 NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER CITY OF COPPELL SIDEWALK EASEMENT STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS COUNTY OF DALLAS § THAT the term Grantor used herein shall be construed in the singular or plural number as such term respectively represents one or more than one person. THAT, CFT NV DEVELOPMENTS, LLC, a Nevada limited liability company, as owner of the property described as Lot 3R, Block C, Duke Lesley Addition, an addition to the City of Coppell, Dallas County, Texas, according to the plat recorded in Instrument no. 200900210489 in the Official Public Records of Dallas County, Texas (“Property”), herein known herein as GRANTOR, in consideration of the sum of Twenty-Six Thousand, Eight Hundred Thirty-Seven and 50/100 Dollars ($26,837.50) and other good and valuable consideration in hand paid by City of Coppell, Texas, receipt of which is hereby acknowledged, does by these presents grant, bargain, sell and convey unto City of Coppell, Texas, ("GRANTEE"), the free and uninterrupted use, liberty and privilege of passage in, along, upon and across the following described property owned by GRANTOR (the "Easement") for the purpose of constructing a public or pedestrian right-of-way sidewalk across GRANTOR'S main tract with the right and privilege at all times, of the GRANTEE herein, its agents, employees, workmen and representatives having ingress, egress, and regress in, along, upon and across said Easement for the purpose of making additions to, improvements on and repairs to said sidewalk or any part thereof. Said Easement being described in Exhibit "A" attached hereto and made a part hereof for all purposes, shall be located on the Property running perpendicular to S. Belt Line Road approximately 785 feet long and 7 feet wide, consisting of a 5,650 square foot (0.1297 acre) tract of land. The Easement described herein shall accommodate the design, construction and maintenance of surface improvements of a public pedestrian sidewalk and non-motorized bicycle traffic. CFT NV Developments, LLC Sidewalk Easement After construction of the sidewalk has been completed, GRANTEE shall, except for removed obstructions, return the surface area of the easement to its original condition as nearly as practical taking into consideration the nature of the work being performed. GRANTOR reserve the right to use and maintain the surface of the Easement for purposes which will not interfere with GRANTEE'S rights hereby granted and agree that upon completion of the sidewalk improvements and restoration of the surface, GRANTEE shall not be obligated for future maintenance and upkeep of the surface area. GRANTEE shall have the right to construct and install all improvements and future improvements within the Easement and to reconstruct, remove, replace, maintain, or repair any grantee improvements within the Easement and in a manner which will not unreasonably interfere with GRANTOR’S use and enjoyment of the Property, nor disrupt any and all business operations conducted on the Property. Ingress and Egress. Grantee shall have the right of ingress, egress, entry, and access in, to, through, on, over, under, and across the Easements and where same intersect any public road or public right-of-way or other easement to which Grantee has the right to access and along any roads designated by Grantor and any roads or routes as needed during an emergency, for any and all purposes necessary and/or incident to the exercise by the Grantee of the rights granted to it by this Agreement. Grantee shall promptly repair any damage to Grantor's roads caused by Grantee in the exercise of any rights granted in as good a condition as existed prior to use by Grantee. Damages. The consideration paid by Grantee in this Agreement includes (i) any monetary damages arising from the construction and installation of each improvement to be installed in, on, or under the easement and (ii) any monetary damages arising from the repair, maintenance, inspection, replacement, operation, or removal of each improvement to be installed in, on, or under the easement. TO HAVE AND TO HOLD unto the City of Coppell, Texas, its successors or assigns for the purposes aforesaid, the premises above described. SIGNED AND AGREED this ______ day of _______________________ 2022. GRANTOR: CFT NV Developments, LLC a Nevada limited liability company By: ________________________________ Name: ______________________________ Its: _________________________________ Approved as to form: ___________________ CFT NV Developments, LLC Sidewalk Easement GRANTOR’S ACKNOWLEDGMENT STATE OF TEXAS § § COUNTY OF DALLAS § This instrument was acknowledged before me, the undersigned authority, on the _______ day of _______________________, 2022, by ________________________. ________________________________________ Notary Public, State of Texas My Commission expires: ____________________