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5A6 Non-Exclusive Utility Easement Agreement (ChoiceLight, Inc., Sample St.) - Fully Executed
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5A6 Non-Exclusive Utility Easement Agreement (ChoiceLight, Inc., Sample St.) - Fully Executed
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7/9/2026 10:30:58 AM
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7/9/2026 10:30:54 AM
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Dept of Community Investment
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<br /> <br />4 <br />9. Covenant Running with the Land. Except as otherwise expressly provided herein, t <br />Grantor and Grantee intend that the rights and obligations set forth herein shall run <br />with the land and create equitable servitudes burdening the Property and benefitting <br />the Property, shall bind every person having any fee, leasehold, or other interest <br />therein, and shall inure to the burden or benefit of the respective Parties and their <br />successors, assigns, heirs, and personal representatives. <br /> <br />10. Term. This Agreement shall continue in effect indefinitely unless terminated by both <br />Parties or their successors or assigns in writing. Provided, however, that Grantor <br />may terminate this Agreement upon thirty (30) days’ written notice if (i) the <br />easement is no longer actively used for its intended purpose for a continuous period <br />of twelve (12) months, (ii) Grantee fails to comply with a material term of this <br />Agreement and does not cure within a reasonable period, or (iii) the Easement Area <br />is required for a public purpose requiring removal of the facilities. <br /> <br />11. Insurance. Grantee shall maintain, at its sole cost and expense, commercially <br />reasonable insurance coverage, including general liability insurance, naming <br />Grantor as an additional insured, in amounts reasonably acceptable to Grantor and <br />shall provide certificates of insurance upon request. <br /> <br />12. Recording. This Agreement shall be duly recorded in the Office of the Recorder of <br />St. Joseph County, Indiana, and all recording fees will be paid by the Grantee. <br />Grantee shall provide Grantor with a recorded copy promptly following recordation. <br /> <br />13. Governing Law. This Agreement shall be governed and construed in accordance <br />with the laws of the State of Indiana without reference to its conflict of laws <br />principles. <br /> <br />14. Cooperation. Each Party shall, at no additional cost to the other Party, cooperate <br />with the other and its authorized representatives with regard to any reasonable <br />requests made subsequent to execution of this Agreement to correct any clerical <br />errors contained in this Agreement and to provide any and all additional <br />documentation deemed necessary to effectuate the transaction contemplated by this <br />Agreement. Each Party further agrees that the term “cooperate,” as used in this <br />Agreement, includes agreeing to execute or re-execute any documents that the Parties <br />reasonably deem necessary or desirable to carry out the intent of this Agreement. All <br />Parties recognize the duty of each Party to act in good faith and with fair dealings <br />when effectuating the intent of this Agreement. <br /> <br />15. No Waiver. No failure or delay on the part of either Party in exercising any right <br />under this Agreement will operate as a waiver of, or impair, any such right. No <br />single or partial exercise of any such right will preclude any other or further exercise <br />thereof or the exercise of any other right. No waiver of any such right will have <br />effect unless given in a written document signed by the Party waiving such right. No <br />waiver of any right will be deemed a waiver of any other right hereunder. <br />
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