HomeMy WebLinkAbout07- Lowe's Second Amendment to Easements, Covenants, Conditions and Restrictions
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Rob Doane
Lowe's HIW, I
1530 Faraday Av Ste. 140
Carlsbad, California 9 8
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Cha~_!lJ!te Mil1s-:~~!}atin CO MTMISC 42.00
SECOND AMENDMENT TO
EASMENTS. COVENANTS. CONDITIONS and RESTRICTIONS
This SECOND AMENDMENT TO EASEMENTS. CONVENANTS. ~DITIONS and
RESTRICTIONS ("Second Amendment..) Is made this L day of 2007; by and
between Lowe's HIW, Inc. a washington corporation ("LOwe's") with address of
Box 1111. (Highway 268 East), North Wllkesboro, NC 28659Attentlon: Property
Management Dept. (REO), Saccoccla Lands II. LLC, a Montana limited liability
company ("Saccoccla II") with address of 1234 springhill School Road, Belgrade,
Montana 59714and Saccoccla Lands III, LLC, a Montana limited liability company
("Saccoccla III") with address of 1234 Springhill School Road, Belgrade, Montana
597154 (the foregoing collectively referred to as "Partles").
WHEREAS, Philip Saccoccla, Jr. recorded Easements, Covenants,
Conditions and Restrictions for the subject real property, described on Exhibit
A, attached hereto and Incorporated by reference herein, which were recorded
on February 9, 2004 In the office of Gallatin County Clerk and Recorder as
Document No. 2139990; and
WHEREAS, Lowe'S, Saccoccla II and Saccoccla III entered Into that certain
Easements, Covenants, Conditions and Restrictions ("ECC&Rs") dated October
21, 2005 and recorded on October 25, 2005 as Document No. 2207231 In the
office of Gallatin County Clerk and Recorder and the parties, thereafter,
entered Into the First Amendment to the Easements, Covenants, Conditions
and Restrictions (" 1st Amended ECC&Rs") which was recorded In the office of
Gallatin County Clerk and Recorder as Document No. 2207232 on October 27,
2005.
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WHEREAS, the parties have entered Into site development of Lot 1 of the
Saccoccla PUD, more particularly referred to as Tract 2B1 of Certificate of
Survey 12150 for the construction of a large format retail store (In excess of
75,000 square feet) to be occupied by Lowe's HIW, Inc. and operated as a Lowe's
store ("Lowe's site"); and
WHEREAS, the Parties, as part of the Lowe'S site, agree to participate with
the City of Bozeman In a redevelopment plan ("vacancy Mitigation Procedure
for the Lowe's site"), do hereby amend the previously recorded Easements,
Covenants, Conditions and Restrictions, as amended to comply with the
approved vacancy Mitigation procedure for Lowe's site.
NOW THEREFORE, the Parties, In good and valuable consideration of
mutual benefit and advantages accruing hereunder and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties agree as follows:
upon the effectuation of the vacancy Mitigation Procedure for the
Lowe's site by Lowe's and the City of Bozeman, Paragraph 5, Article III, then the
Easements, Covenants, Conditions and Restrictions Section 3.2 shall be
amended to add the following sentence at the end of Section 3.2: "The Owner
of the building will look first for a buyer, lessee or user that desires the entire
building for a use that Is compatible with the PUD".
NO further writing shall be required to give this Amendment full force
and effect.
IN WITNESS WHEREOF, the Parties have executed this Second Amendment
to the Easements, Covenants, Conditions and Restrictions on the day and date
first written above.
[SIGNATURES TO FOLLOW]
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Lowe's HIW, Inc.
A washington corporation
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By: ~ f",~
ItS: I l= W'Iatt
Ca0 V' e Pres\(jl:lllt
Senior Ie
y~X
STATE OF tV o l'tkt'1vo1.'tJ
county of W " ll..;~.s. )
On this J S-%day of :rll ne.. , 2007, befOre me. a Notary Public In and
for said State, personally appeared ~v-1 'E!. W ~ cJl- . to me personally known
to the person described herein and who executed the foregoing Instrument,
who, being first duly sworn. stated that he/she Is the $t'. \l1'c.L.P>(e~I'dW of
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Lowe'S HIW. Inc. a Washington corporation. and that he/she subscribed to the
within Instrument and acknowledged to me that he/she executed the same on
behalf of the corporation. -
C;;i;p-l4- -N .~~
N ry PubliC fOr the Stat of No{-tft lb(D{;~
Printed Name: ~e-l.'I~ N. YanflD~
Residing at JJ'/ IKe-<:.. bD (b . rJortr-.. ~({j }/I'/4-
My commission expires: 10 -(rD8
SHEILA H. VANNOY
Notary Public
North CarOlina - Wilkes County ,
My Comml$SiO~~xpires I()-"~S
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SACCOCCIA LANDS III, LLC
A Montana limited liability company
By: Its: &_ '" """",, .......
STATE OF MONTANA )
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County of Gallatin )
On this ~ay of -:\v...\,\ A , 200 7 ,before me, the undersigned,
a Notary Public of the State of ontana~ personally appeared Philip Saccoccia, Jr.,
being the of Saccoccia Lands III, LLC known to me to
be the person wh ex uted the within instrument and acknowledged to me he
executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal as of
the day and year firs, I above wrillen. ~ _.
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SACCOCCIA LANDS II, LLC
A Montana limited Iia iIi company
By:
Its: t..AA........,,<.i,.,....... h~\.,..jt.~~
STATE OF MONTANA )
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County of Gallatin )
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On this \~ day of j\l \A ,20.Q2., before me, the undersigned,
a Notary Public of the State ~ Montana, 'personally appeared Philip Saccoccia, Jr.,
being the ~N\ ~PW\ R.'\ of Saccoccla Lands II, LLC known to me to
be the person 0 '~xecuted the within instrument and acknowledged to me he
executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official
seal as of the day and year first ~::: h ~
.,_\\\\, II,ili/illl NOTARY PUB~IC f the State Of~on~~a
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ACCEPTANCE BY THE CITY OF BOZEMAN:
As to all provisions and amendments, of which the City of Bozeman is a third party
beneficiary by virtue of the approval of the Saccoccia PUD, the City of Bozeman does
hereby acknowledge these amendments and accepts the same.
City of Bozeman
By:~A_~'
The City Manager
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Attested:
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STATE OF MONTANA }
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County of Gallatin }
On this l~~y of ()" J /1)' d- 200:'7~ before me, the underJigned, a Notary
Public of the s~ontan~ppeared Chris ~ulski, MarfQer of the City of
Bozeman, known to me to be the person who executed the within instrument and
acknowledged to me he executed the same. .1-' (' .ur\tli-. "J""~ ~~ J
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IN WITNESS WHEREOF, I have hereunto s t my h~d ar(d affixed my official seal
as of the day and year first above writte
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