6. C (2) Easement with WNIT - Laserfiche WebLink

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AGREEMENT FOR EASEMENT THIS EASEMENT AGREEMENT (hereinafter referred to as the "Agreement ") is made and entered into this day of January, 2009, by and between the SOUTH BEND REDEVELOPMENT COMMISSION ( "Commission ") ("Grantee ") and MICHIANA PUBLIC BROADCASTING CORPORATION ( "WNIT ") ("Grantor "), a nonprofit corporation organized and duly existing under the laws of Indiana (the South Bend Redevelopment Commission and WNIT being sometimes referred to herein individually as a "Party" and collectively as the "Parties "). RECITALS A. WNIT is the owner of real property commonly known as 300 West Jefferson blvd., South Bend. Indiana 46601, and all improvements thereon, described in Exhibit A (the "Propert} ). B. WNIT, pursuant to the terms and conditions of this Agreement, intends to grant an easement (the "Easement ") to the Commission for a portion of the Property described in Exhibit B (the "Easement Property ") for the sole purpose of allowing the Commission to renovate and improve portions of the Property. C. The Parties to this Easement Agreement have previously entered into a Development Agreement executed effective the 5th day of December, 2008 ( "Development Agreement"). The terms of the Development Agreement are incorporated herein by reference as if fully set out herein. D. The purpose of this Easement Agreement is to implement the terms and conditions of the Development Agreement, and it is intended by the Parties that each of these Agreements should be read as consistent with one another. NOW, THEREFORE, for good and valuable consideration, the receipt of which is hereby acknowledged, the Grantor does hereby grant unto Grantee, its successors and assigns, the following non - exclusive Easement and rights to the Property to be used in common with the Grantor and its successors and assilms: 1. The Recitals are incorporated into the operative provisions of this Agreement as if fully set out herein. 2. The Easement ranted herein is an easement in gross, and accordingly, shall not be assignable by the Grantee and any such assignment shall terminate this Agreement for Easement.