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ST9302-ES 991110STATE OF TEXAS § COUNTY OF DALLAS § UTILITY EASEMENT 18/~9/99 $17. O0 ~eed KNOW ALL MEN BY THESE PRESENTS THAT the term Grantor used herein shall be construed in the singular or plural number as such~.rm respectively represents one or more than one _person. known herein as GRANTOR, in c~nsideration of the sum ~"'One and no~00 Dollars ($1.~0) 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 utility improvements on 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 premises (the "easement") for the purpose of making .additions to, improvements on and repairs to said utility improvements or any part thereof. Said easement being described in Exhibits "A" and "B" attached hereto and made a part hereof for all purposes. That in consideration of the benefits above set out, GRANTEE will remove from the easement, such fences, buildings and other obstructions as may be found upon said property. After construction of the utility improvements 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. GRANTORS 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 utility improvements and restoration of the surface, GRANTEE shall not be obligated for future maintenance and upkeep of the surface area. TO HAVE AND TO HOLD unto the City of Coppell, Texas, its successors or assigns for the purposes aforesaid, the premises above described. EXECUTED this /~_ ~ One Equities, ~nc~.~,~ a New Mexico corporation Managing Partner for P&J Investors, a New Mexico partnership GRANTOR Phase One Equities, Inc., a New Mexico. corpgration Managing'~ar~ner for Blackstone Investors, Ltd., a Nebraska limited partnershui P & J Investors, a New Mexico general partnership By: Phase One Equities, Inc., a New Mexico c_~grpor~ President Blackstone Investors, Ltd., a Nebraska limited partnership By: P & J Investors, a New Mexico general partnership By: Phase One Equit~s, Inc., a N. ew Mex. ic,0~5o .rpor/~n President 9 2:5i · STATE COUNTY OF ~ This instrumem was acknowledged before me on the ~oo~,~.r , 19~ , by ~'? a t~ / 0 ~ ]qday of /9. /4o ,co , / , co~oration, on behalf of said co~oration. NOTARY PUBLIC, State of ~ ~ , ~,~ ~'co My Commission Expires: (Type / Print Name of Notary) EXHIBIT 'A' LOT 1, BLOCK A, SANDY LAKE ADDITION 15 FOOT x 10 FOOT UTILITY EASEMENT Being a part of a tract of land situated in the City of Coppell, Dallas County, Texas, out of the S.M. Hiatt Survey, Abstract No. 638 and being more particularly described by metes and bounds as follows: COMMENCING at the southwest corner of LOT 1, BLOCK A, SANDY LAKE ADDITION as recorded in Volume 91054, Page 1044, of the Deed Records of Dallas County, Texas, said point being in the North right-of-way line of Sandy Lake Road; THENCE along the North right-of-way line of Sandy Lake Road, North 88019'50'' East, a distance of 119.00 feet to the POINT OF BEGINNING; THENCE departing from the North right-of-way line of Sandy Lake Road, North 1 °40' 10" West, a distance of 15.00 feet to a point for corner; THENCE North 88°19'50'' East, a distance of 10.00 feet to a point for corner; THENCE South 01040' 10"East, a distance of 15.00 feet to a point for corner, said point being in the North right-of-way line of Sandy Lake Road; THENCE South 88 o 19'50" West, a distance of 10.00 feet to the POINT OF BEGINNING and containing 150 square feet or 0.0034 acres of land. EXHIBIT "B" SCALE 1" = 40' LOT 1, BLOCK A SANDY LAKE ADDITION VOL. 91054, PG. 1044 NSRnl 9'50'E 119.00' \ POINT OF COMMENCING SANDY LAKE ROAD EXHIBIT ¢, A ~slon hemln whic ....... ~ ~.t~ ' ra~ Is Invalid ~ P- roe becuu~= - ...... Of described real p P ~ w unenfomeable under federal Ia · COU~ OF DA~ ~eon b~ m~ OEC ~9 1999 COUNTY CLERK, Dallas County, Tirol FO 80X 471