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Valley R Baptist-ES 850225I GF #85-52166-SFCO-LBJ/ph FF: $11.00 ENCLOSED STOI:~ S~ER F~SI~ENT AND UNDERC, ROUND PI]BLIC ~]TXLITY ]~M~F~ENT TI~I~ STATE OF TF~AS x X COUNTY OF DALLA~ X KNOW ALL MEN BY THESE f THATw the undersigned, TRILAND/NORTHSTED JOINT VENTURE, a Texas joint venture, acting herein by and through its duly authorized aqent and manager, TRILAND DEVELOPNENTw INC., hereinafter referred to as Grantors, whether one or more, for and in consideration of the sum of ONE DOLLAR ($1.00) to Grantors in hand paid by the city of Coppell, Texas, the receipt of which is hereby acknowledged and the further consideration that the benefits to be derived by Grantors from the placing of storm sewers and underground public utilities, including and limited to water mains, sanitary sewer mains, gas mains, underground electric lines, underground telephone and telegraph lines and underground cable for security services and television, through the premises hsreinaffter described, have this day granted and conveyed and by these presents do hereby grant and convey unto the City of Coppell, Texas, a Municipal Corporation, situated in Dallas County, Texas, an easement to construct, reconstruct and perpetually maintain enclosed storm sewers and underground public utilities, including and limited to water mains, sanitary sewer mains, gas mains, underground electric lines, underground telephone and telegraph lises, and underground cable for security services and television and surface facilities as required, but in no case the use of overhead aerial facilities, or authorize such construction by any public utility company, in, upon and across the following described land, to-wit: All that certain tract, piece or parcel of land lying and being situated in the County of Dallas, State of Texas, described in Exhibit "A" attached hereto and made a part hereof for all purposes, to which reference is hereby made for a more particular description of said property (the "Easement Area"); TO HAVE AND TO HOLD, the same to the City of Coppell, its successors and assigns, together with the right and privilege at any and all times to enter said premises or any part thereof, for the purpose of constructing and maintaining said storm drainage facilities and underground public utilities, and for making connections therewith, provided, however, the foregoing grant, sale and conveyance of the Easement Area is expressly subject to the following conditions: 1. In the event that the Grantee, its successors and/or assigns discontinue the use of the Easement Area for the purposes described hereinabove, this Easement shall terminate and be of no further force and effect; 2. If, in exercising Grantee's rights in such Easements Area or areas appurtenant thereto, Grantee causes any change in or injury to the Easement Area, the property appurtenant thereto or any improvements on said Easement Area or the property appurtenant thereto, Grantee, within a reasonable time after the exercise of such rights, shall reasonably restore the Easement Area, the property appurtenant thereto and/or such improvements to a similar condition existing prior to the change or injury; and 85039 3826 -- 2 3. This grant is made subject to the rights of the public and Grantor to use the surface of the Easement Area for pedestrian and vehicular ingress, egress and access to and from property appurtenant to such Easement Area and such other uses as do not unreasonably interfere with the permitted use of the Easement Area by Grantee. EXECUTED this day of . , 1985. TRILAND/NORTBSTED JOINT VENTURE, a Texas joint venture, acting herein by and through its duly authorized agent and manager, Triland Development, Inc., a Texas Corporation ',/-~_~ard P. Rea~ President ~ STATE OF TEXAS X X COU~TE OF D~T.~.%S X BEFORE ME, the undersigned authority, a Notary Public in and for the said State on this day personally appeared Edward P. Rea, President of TRILAND DEVELOPMENT, INC, the duly authorized agent and manager of TRILAND/NORTESTED JOINT VENTURE, a Texas joint venture, known to me to be the person and officer whose name is subscribed to the foregoing instrument and acknowledged to me that the same was the act of said TRILAND DEVELOPNENT, INC., in its capacity as agent and manager for TRILAND/NORTBSTED JOINT VENTURE, and that he executed the same for the purposes and consideration therein expressed, in the capacity therein stated and as the act and deed of said TRILAND DEVELOPMENT, INC, on behalf of TRILAND/NORT~STED JOINT VBNTORE. - Nota~-'y~P~olic,fState o~ Texas My Commission Expires: 85039 3827 3 hI~NHOLDEN"S CONSENT AND SUBORDINATION The u;~d ~signed holder of liens againat the Easement Area set f r.h here'~ ~bove hereby consents to the grant of this Easement and agrees ~ ~t th.. liens evidenced by that certain Deed of Trust (with Security A]reement and Aosign~ent of Rents and Leases) dated September 2.. 1984 executed by TRILAND/NORTHSTED JOINT VEN'~U~E to Barry D. Drees, Trustee, recorded in Volume 84178, Page 01~9, Deed of Trust Records, Dallas County, Texas, securing payment of one certain Pro~issory Note of even date th~rewith in the ori~inal principal amc,at of $8,500,000.00, payaule to the order of the undersigned company and held by such holder are hereby s~.bo£diaated, in all respects~ to the provisions of such Easemenu Agreement. By: . -- THE .STATE OF TEXAS X · COUNTY'. OF DALLAS X · " BEFORE ME, the undersigned authority, a Notary Public in and for the Sta~e of T~xas, on this day personally appeared ~-. ~ .~d~_-~ __of ROYAL BANK OF CANADA, 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 e~pressed. GIVEN~]]NDER MY HAND AND SEAL OF OFFICE this day of ~-~-~~ , 1985. Notary Fublic, State of Texas (Printed or Typed Name of Notary) My Commission Expires: 8509g 3.8; 8 4 Exhibit "A" Page 1 of 1 5' PUBLIC UTILITY EASEMENT IN THE CITY OF COPPELL, TEXAS TRACT Bi BEING a tract of land situated in the Singleton Thompson Survey, Abstract No. 1493, and being in the City of Coppell, Dallas County, Texas, and being part of e tract of land conveyed to Triland/Northsted Joint Venture as recorded in Volume 82118, Pase 0213 of the Deed Records of Dallas County, Texas and being more particularly described as follows: COMMENCING at an iron rod found at s point on the west abstract llue of said Singleton Thompson Survey said line being common with the east abstract line of the J. C. Cook Survey, Abstract no. 315, said point also being on the south right-of-way line of Belt Line Road, said point also being the northwest property corner of said Triland/Northsted Joint Venture; THENCE South 85042'35'' East, along said south right-of-way line, a distance of 526.61 feet to a point for a corner; THENCE South 0°10'00" West, a distance of 15.04 feet to the POINT OF BEGINNING, said point being at the southwest corner of an existing 15 foot wide public utility easement as recorded in Volume 84217, Page 4004 of said Deed Records; THENCE South 85°42'35'' East, alon& the south easement of said existing 15 foot vide public utility easement, a distance of 5252.06 feet to a point for a corner, said point being on the west property line of a tract of land conveyed to Explorer Pipeline, as recorded in Volume 71139, Page 1160 of said Deed Records; THENCE South 5°01'56" East, along said west property llue, a distance of 5.07 feet to a point for a corner, said point being on the south line of said proposed public utility easement; THENCE North 85042'35" West, along said south easement liue, a distance of 5252.52 feet to a point for a corner; THENCE North 0°10'00'' East, a distance of 5.01 feet to the POINT OF BEGINNING AND CONTAINING 26,26I square feet or 0.6029 acres of land more or less. 85039 3829 383'0 85039 08~§L :0~ ~3~ 3-831