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1. ACCESS AND BOAT RAMP EASEMENT. City hereby declares, creates and <br />imposes, for the benefit of Parcel 2 and the Canal Property and every person who shall now or hereafter <br />be a fee simple owner of Parcel 2 and the Canal Property, a perpetual non-exclusive access easement for <br />purposes of vehicular and pedestrian ingress and egress on, over, upon, and across the areas defined in <br />the "Easement Area" more particularly described in Exhibit "E" attached hereto. <br />2. MAINTENANCE. The boat ramp in the Easement Area shall be maintained by the <br />owner of Parcel 1. <br />3. DISCLAIMER OF WARRANTIES. City grants this Declaration as to the Property in <br />its current "AS -IS" condition without further representation or warranty of any kind whatsoever, express <br />or implied. <br />4. DURATION. The easement hereby granted, created and declared shall be perpetual in <br />duration and may not be changed, amended, modified, cancelled or terminated other than as expressly <br />provided herein, except by an instrument in writing, executed by the then owners of the Property and all <br />mortgagees of any portion thereof. <br />5. INCIDENTAL RIGHTS. The easement hereby created and granted includes the <br />creation of all incidental rights reasonably necessary for the use and enjoyment of the Easement Area for <br />its intended purposes, subject to the limitations set forth herein. <br />6. MISCELLANEOUS. With or without specific reference thereto, conveyance of an <br />interest in any portion of the easement area and Parcel 1 or Parcel 2 shall be subject to the respective <br />burdens and benefits of the easement hereby created and granted to the same extent as if all of the terms <br />of this instrument were set forth in such conveyance in full. The easement, covenants, agreements and <br />conditions shall not be personal (except as otherwise expressly provided herein) but shall run with the <br />land and shall be binding upon and inure to the benefit of the owners of all portions of Parcel 1 and 2 <br />and the Easement Area, their mortgagees, each of the successors and assigns of all such parties, as well <br />as the tenants, agents, licensees, guests and invitees of each of them. <br />7. SEVERABILITY. If any provision of this Declaration is hereafter expressly declared <br />by a court of proper jurisdiction to be invalid or unenforceable, then such provision shall be canceled <br />and severed from this Declaration and the other provisions of this Declaration shall continue in full force <br />and effect. <br />8. OTHER EASEMENTS; MATTER OF RECORD. It is expressly agreed and <br />understood that the Declaration is hereby granted, together with all rights and privileges granted hereby, <br />are and shall be non-exclusive, and City hereby reserves for itself, its successors and assigns, the right to <br />grant such other easements as it deems desirable in, over, under, upon or across its property. <br />[signature page to follow] <br />M <br />