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HomeMy WebLinkAbout22- Mutual Access and Parking Access Easement - 19th Capital Group, LLC - University CrossingWhen Recorde eturnto: BryanLa irm,P.C. PO By 1371 Bgzeman,MT 59771 2785054 s m a ..G u M s ° ªx°32×o°¹°rk MIMillMllHHHllMÉllHHHilM Bozeman,MT 59771-1230 MUTUAL ACCESS AND PARKING EASEMENT AND AGREEMENT This Easement and Agreement isestablishedthis 40 day of dLn 6 ,2022,between 19'h Capital Group LLC,a Montana Limited LiabilityCompany,whose address is 322 W. Mendenhall St.,Bozeman,Montana,59715 ("Grantee"),and University Crossing Property Owners Association,a Montana mutual benefit corporation,whose address is 322 W. Mendenhall St.,Bozeman,Montana,59715 ("Grantor"); RECITALS: WHEREAS,University Crossing Property Owners Association is the record owner of the following subservienttenement ("Easement Property"): COMMON OPEN SPACE,UNIVERSITY CROSSING MlNOR SUBDIVISION NO.503,City of Bozeman,according to the platthereofon fileand of record in the officeof the Clerk and Recorder,GallatinCounty,Montana,and locatedin the SE 1/4of Section 14,Township 2 South, Range 5 East of P.M.M. WHEREAS,19thCapitalGroup LLC istherecord owner of thefollowingdominant tenement: LOT 1A-1 of MINOR SUBDIVISION NO.503B,City ofBozeman,accordingtothe platthereof on fileand ofrecordintheofficeoftheClerk and Recorder,GallatinCounty,Montana,and located inthe SE 1/4of Section 14,Township 2 South,Range 5 East of P.M.M.;and LOT 2A of MINOR SUBDIVISION NO.503A,City of Bozeman,according to the platthereof on fileand of recordintheofñce of theClerk and Recorder,GallatinCounty,Montana,and located inthe SE 1/4of Section 14,Township 2 South,Range 5 East of P.M.M.;and LOT 3,of MINOR SUBDIVISION NO.503,City of Bozeman,accordingto theplatthereofon fileand of recordin the officeof the Clerk and Recorder,GallatinCounty,Montana,and located inthe SE 1/4of Section 14,Township 2 South,Range 5 East of P.M.M.;and WHEREAS,thePartieshave determined thatitisintheirbestintereststo establishan accessand parking easement forthe development of thelotdescribedabove; NOW,THEREFORE,a mutual access and parking easement for a common driveway,parking areaand ingressand egressishereby establishedas follows: 1.Description of Easement.The easement isover,under and acrossallof saidCommon Open Space. 2.Perpetual Easement.This accessand parking easement shallbe a perpetualeasement and shallbe superiorto and paramount totherightsof any of the subsequent owners of saidproperties and the respectiveservientestatesso created.The Partiesfurtherstatethatthiseasement is a covenant thatshallrun with the land,and shallbe forthebenefitof and inureto the Parties,their successorsand assigns,theiragents,employees,tenants,and guestsof tenants,and shallburden theirrespectiveparcels,perpetually. 3.Surface Easement;Reservation of Subsurface Rights;Access.This easement is generallyconstrued as a surfacerightwhere the Partiesacknowledge thatGrantor has certain subsurfacerights,primary relatedto the maintenance of a stormwater system.Grantor reserves the righttoaccessitssubsurfacerightsviathe surfacelotforwhich Grantor isgrantingtoGrantee. Grantor may reservethe rightto access itssubsurfacerightsas isreasonable and necessary to preserve itssubsurfacerights,which may includethe need to destroy portionsof the easement Property.Should Grantor need to access itssubsurfacerights,Grantor shallbe ableto utilizethe Easement Property,with reasonable attemptsto minimize Grantor's interferencewith Grantee's use of the Easement Property.Grantor shallbear allexpense to repairthe Easement Property to reasonablyrestoretheEasement PropertytoitsconditionpriortoGrantor'saccess.Should Grantor depriveGrantee of any space within the Easement Property formore than 30 days in 1 calendar year,Grantor shallreasonably compensate Grantee. 4.Maintenance.Grantee shallgenerallybe responsibleforthemaintenance of theEasement Propertyunlessotherwiseprovided inthisAgreement. 5.Successors.Subsequent owners and their heirs and assigns shall be bound to this Agreement. 6.Indemnification.That Grantee shallindemnify Grantor againstany liabilityresultingfrom itsuse of the Easement Property unlesssuch liabilityisdue toGrantor'snegligence. 7.No Encumbrances.That the mutual access and parking easement shallremain freeand clearatalltimes from allencumbrances. 8.Attorney Fees.That the substantiallyprevailingparty in any disputearisingunder this Agreement shallbe awarded itsreasonableattorneyfees. 9.Governing Law.This Agreement shallbe construed under the laws of the State of Montana. The Partieshave executed thismutual access and parking easement and agreement on the day and year firstwrittenabove. 19thCapital oup,LL 3,a nt na itedliaflitycompany By: Its:Managing Member STATE OF MONTANA ) )ss. County of Gallatin ) On this AD day of ditAa.._.,204.'.L,before me the undersigned,a Notary Public for the Stateof Montana,personallyappearedhe//JHb/tcock.,known to me to be M inf M<&of/1½M and the person whose name is subscribedto the within instrumentand acknowledae to e thathe executed thewithin instrumentfor and on behalfof //M rev--jo IN WITNESS WHEREOF,I have hereunto setmy hand and affixedmy NotarialSeal the day and year firstabove written. (SEAL) NotaryPubHe o R ,fortheStateofMontana Residingat SEAL Manhattan,Montana My CommissionExpires: August18,2022 Notary Publi forthe ta of ontana PrintedNa e:.,M.fl... Residing at:M ekf(·r---,ed*-*L- My Commission Expires:A d /g ,20 . 2 Universi Crossin rop r y ersAs &iation By:(9( Printed ame:ddCX Its:President STATE OF MONTANA ) )ss. County of Gallatin ) On this ¿?O day of Ju o ,204 B,before me the undersigned,a Notary Public forthe Stateof Montana,personallya p are Dg¡c.c.hcook-,known to me to be /Mentb4r of hÚÍ f,.o f8Delerson whose name issubscribedto thewithin instrumentand acknowledge to n½e thathe executed thewithin instrumentforand on behalf of {lnryOS)Úro SSI ÔuytuS ÍÀJ 90CI L 7 IN WITNESS WHEREOF,I have hereunto setmy hand and affixedmy NotarialSeal the day and year firstabove written. KIRSTEN L SMITH NotaryPublic (SEAL)Residingat. SEAL Manhattan,Montana ugus 1 2 Notary Pu licfortl ' S teof Mont na Printe N e:tr . Residing at:,4 M My Commission Expires:/7 ,20 M J 3 ACCEPTED: CITY OF BOZEMAN By:J elicl,City Manager ATTEST:GN.Ä.. Mike Maas,City Clerk . STATE OF MONTANA )ocer )ss. County of Gall in ) On this day of ,202 ,beforeme,a Notary PublicfortheState of Montana,personallyappeare JE F MIHELICH and MIKE MAAS,known to me to be the City Manager and City Clerk,respectively,of the City of Bozeman and the persons whose names aresubscribedtothe within instrument,and acknowledged tome thatthey executed the same for and on behalfof theCity of Bozeman. IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy NotarialSeal theday and year firstabove written. (SEAL) ed Na e:fort e t t o a Residing at o SEÃL *Residingat: My Commission Expires /{/2 8°comm June11,2025 4