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HomeMy WebLinkAboutVesting Deedsis? ---- 2019008648 WD $25.00 DULY ENTERED FOR TAXATION 03/ 12/2019 10 : 32: 28AM 8 PGS Subject to final acceptance of transfer Jennifer Hayden 12thday ofMarch 2019-SBH Hamilton County Recorder IN N 9-,,,;-7,n yX,;e,,AadhoroiHamtoncounry Recorded as 'IPresented ` Parcel # 17.13-*00-W31.000 ] EW SPECIAL WARRANTY DEED This SPECIAL WARRANTY DEED is made effective March, 2019, between WAL-MART STORES EAST, LP, a Delaware limited partnership, with an address of 2001 S.E. 10th Street, Bentonville, AR 72716 ("Grantor"); and ARIA LAND JV, LLC, an Indiana limited liability company, with an address of 8335 Keystone Crossing, Suite 220, Indianapolis, IN 46240 ("Grantee"). WITNESSETH: THAT GRANTOR, for and inconsideration of the sum of Ten Dollars ($10.00) and other good and valuable consideration, to it in hand paid by Grantee, the receipt whereof is hereby acknowledged, does hereby forever grant, bargain, sell, convey and confirm to Grantee, and its successors and assigns, a certain tract of land situated, lying, and being in the City of Zionsville, Hamilton County, Indiana, as more particularly described to wit: See Exhibit "A" attached hereto and made a part hereof ("Property"); TO HAVE AND TO HOLD said land unto Grantee, and its successors and assigns, forever, with all tenements, appurtenances and hereditaments thereunto belonging, subject only to easements, conditions, restrictions and other matters set forth on Exhibit "B" attached hereto and made a part hereof (the "Permitted Exceptions"). This conveyance is expresses subject to the following conditions and restrictions: Grantee covenants that, except in connection with and as an accessory use for any residential development, the Property shall not be used for or in support of the following, either directly or indirectly via remote operation or distribution (such as remote internet fulfillment center or locations, locker, grocery drive -through, grocery home shopping pick-ups, mail order, or similar pick-up facility) as: (i) a discount store in excess 'ffifteen thousand (15,000) square feet in floor size, or (ii) a wholesale membership/warehouse club, grocery store/supermarket in excess of fifteen thousand (15,000) square feet in floor size; (iii) any lockers, lock -boxes or other type of storage system that is used to receive or store merchandise from a catalog or online retailer; (iv) operating a fulfillment facility in connection with selling, receiving, storing or distributing merchandise from a catalog or online retailer; (v) any collateral use (e.g., parking, �.s drainage or service drives) in support of any of the foregoing uses; or (vi) any combination of the foregoing uses (the "Property Restrictions"). For purposes of clarification, the Property Restrictions shall not prohibit or be applicable to any locker, lock -boxes or other type of storage system or facility or any drop zone, landing area or other delivery system or facility which is primarily available to or otherwise primarily serves the occupants of any apartments or other residential dwellings located on the Property from time to time. All Property Restrictions shall remain in effect for a period of fifty (50) years from the recording of this Deed. The aforesaid shall run with and bind the Property, and shall bind Grantee or an affiliated entity, or its successors or assigns, and shall inure to the benefit of and be enforceable by Grantor, or an affiliated entity, or its successors and assigns, by any appropriate proceedings at law or in equity to prevent violations of such and/or to recover damages for such violations, including without limitation damages incurred by Grantor, or an affiliated entity. No representations or warranties of any kind have been made by Grantor or anyone on its behalf to the Grantee as to the condition of the Property described herein or any improvements thereon erected, if any, and it is understood and agreed by the parties that the Property is sold "AS IS, WHERE IS — WITH ALL FAULTS AND WITHOUT ANY REPRESENTATION OR WARRANTY WHATSOEVER, EXPRESS OR IMPLIED." Grantor makes no warranty or representation regarding the condition of the Property, including, without limitation, environmental or ecological condition, it being understood that the Grantee is taking the Property "AS IS, WHERE IS — WITH ALL FAULTS AND WITHOUT ANY REPRESENTATION OR WARRANTY WHATSOEVER, EXPRESS OR IMPLIED." Without limiting the foregoing, Grantee hereby covenants and agrees that Grantee accepts the property "AS IS" and "WHERE IS", and with all faults and defects, latent or otherwise, and that Grantor is making no representations or warranties, either expressed or implied, by operation of law or otherwise, with respect to the quality, physical conditions or value of the Property, the Property's habitability, suitability, merchantability or fitness for a particular purpose, the presence or absence of conditions on the Property that could give rise to a claim for personal injury, property or natural resource damages; the presence of hazardous or toxic substances, materials or wastes, substances, contaminants or pollutants on, under or about the Property, or the income or expenses from or of the Property.. I AND SAID GRANTOR does hereby warrant the title to said Property, and will defend the same against the lawful claims of all persons claiming by, through and under Grantor, but '• none other, subiect to the Permitted Exceptions, the conditions and restrictions as stated herein, and subject to real property taxes for the year of 2019 (which are due and payable in 2020), and thereafter. i Ii [Signature page follows] 3 IN WITNESS WHEREOF, Grantor has caused this instrument to be executed in its naive by its Senior Director, Realty Operations of" WSE Management, LLC, the General Partner of the Grantor, Wal-Mart Stores East, LP, the 6 day of 2019. WAL-MART STORES FAST, LP, a Delaware limited partnership By: WSE�Management, LLC, it ,gneral Partn ,- Carole Baker Senior Director, Realty Operations ACKNOWLEDGEMENT STATE OF ARKANSAS ) COUNTY OF BENTON ) In the State of Arkansas, County of Benton, on this Martj'\ (o , 2019, before me, the undersigned, a Notary Public in and for said County and State, personally appeared Carole Baker to me personally known, who being by me duly sworn did say that she is Senior Director, Realty Operations of WSE Management, LLC, the General Partner of the Grantor in the foregoing special warranty deed, that said special warranty deed was signed, sealed and delivered by her on behalf of said limited partnership by authority of its General Partner and said Senior Director, Realty Operations acknowledged said special warranty deed to be the free act and deed of said limited liability company, acting in its capacity as General Partner of said limited partnership. WITNESS kieti AND and notarial seal subscribed and affixed in said County and State, the day and eaz_in tficto a}pve written. My Commission Expires. z-V -C.c") Printed: �Y.Y' , � i -•1 I am a resident of �_ County, 'G `ha 1 a d Flat Torbettnty of wasbingtonY Public - �-sas 20sua.n EV Send tax statements to: Aria Land JV, LLC, 8335 Keystone Crossing, Suite 220, Indianapolis, IN 46240 I, affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social Security number in this document, unless required by law. Harvey Freeman This instrument was prepared by: Harvey Freeman, WAL-MART STORES EAST, LP, Sam M. Walton Development Complex, 2001 S.E. 10`h Street, Bentonville, AR 72716-5535 5 Exhibit "A" Legal Description PART OF THE SOUTHWEST QUARTER OF SECTION 6, TOWNSHIP 17 NORTH, RANGE 3 EAST IN CLAY TOWNSHIP, HAMILTON COUNTY, INDIANA, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF AN EAST -WEST FENCE LINE AND THE WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 6, TOWNSHIP 17 NORTH, RANGE 3 EAST, SAID INTERSECTION POINT, LOCATED 636.77 FEET SOUTH 04 DEGREES 12 MINUTES 49 SECONDS WEST (ASSUMED BEARING) ALONG THE EAST LINE OF THE SOUTHEAST QUARTER OF SECTION 1, TOWNSHIP 17 NORTH, RANGE 2 EAST OF BOONE COUNTY, INDIANA, FROM THE NORTHEAST CORNER OF SAID SOUTHEAST QUARTER; THENCE SOUTH 04 DEGREES 12 MINUTES 49 SECONDS WEST ON THE WEST LINE OF SAID SOUTHWEST QUARTER 699.73 FEET TO THE SOUTHWEST CORNER OF REAL ESTATE DESCRIBED IN A WARRANTY DEED RECORDED AS INSTRUMENT NO. 88-23822 IN THE OFFICE OF THE RECORDER OF HAMILTON COUNTY, INDIANA; THENCE SOUTH 88 DEGREES 55 MINUTES 11 SECONDS EAST ON THE SOUTHERLY LINE OF SAID REAL ESTATE FORMING AN INTERIOR ANGLE OF 86 DEGREES 52 MINUTES 00 SECONDS WITH THE WEST LINE OF SAID SOUTHWEST QUARTER, A DISTANCE OF 612.45 FEET TO A POINT ON THE CENTERLINE OF U.S. HIGHWAY 421 (AKA MICHIGAN ROAD) AS NOW LOCATED AND IMPROVED, SAID CENTERLINE BEING A CURVE, THE RADIUS POINT OF WHICH LIES 17188.74 FEET NORTH 76 DEGREES 27 MINUTES 45 SECONDS EAST FROM SAID POINT; THENCE NORTHWESTERLY, CURVING TO THE RIGHT ON SAID CENTERLINE, AN ARC DISTANCE OF 570.47 FEET TO THE POINT OF TANGENCY OF SAID CURVE AT A POINT THAT IS 17188.74 FEET SOUTH 78 DEGREES 2 MINUTES 51 SECONDS WEST OF THE RADIUS POINT OF SAID CURVE; THENCE NORTH 11 DEGREES 38 MINUTES 09 SECONDS WEST ON SAID CENTERLINE 157.74 FEET TO A POINT ON THE EASTERLY PROLONGATION OF THE AFORESAID FENCE LINE, SAID POINT BEING THE NORTHEASTERLY CORNER OF REAL ESTATE DESCRIBED IN A QUITCLAIM DEED RECORDED AS INSTRUMENT NO. 94-30153 IN THE OFFICE OF THE RECORDER OF HAMILTON COUNTY, INDIANA; THENCE SOUTH 89 DEGREES 44 MINUTES 20 SECONDS WEST ALONG SAID FENCE LINE AND ON THE NORTHERLY LINE OF SAID REAL ESTATE 404.81 FEET TO THE PLACE OF BEGINNING. EXCEPT, THAT PART CONVEYED TO THE STATE OF INDIANA BY DEED DATED OCTOBER 21, 1999 AND RECORDED FEBRUARY 15, 2000 AS INSTRUMENT NO. 2000- 7274, DESCRIBED AS FOLLOWS: PART OF THE SOUTHWEST QUARTER OF SECTION 6, TOWNSHIP 17 NORTH, RANGE 3 EAST OF THE SECOND PRINCIPAL MERIDIAN, HAMILTON COUNTY, INDIANA, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF THE SOUTHEAST QUARTER OF SECTION 1, TOWNSHIP 17 NORTH, RANGE 2 EAST, BOONE COUNTY, INDIANA; THENCE SOUTH 0 DEGREES 39 MINUTES 08 SECONDS EAST 1336.50 FEET (DISTANCE DEDUCED FROM INSTRUMENT NO. 95-55474) ALONG THE EAST LINE OF SAID SECTION 1 TO THE SOUTHERN LINE OF THE OWNER'S LAND; THENCE NORTH 86 DEGREES 12 MINUTES 52 SECONDS EAST 570.68 FEET ALONG SAID SOUTHERN LINE OF THE OWNER'S LAND TO THE WESTERN BOUNDARY OF U.S.R. 421 AND THE POINT OF BEGINNING OF THIS DESCRIPTION; THENCE SOUTH 86 DEGREES 12 MINUTES 52 SECONDS WEST 5.95 FEET ALONG SAID SOUTHERN LINE; THENCE NORTHWESTERLY .11.79 FEET ALONG AN ARC TO THE RIGHT AND HAVING A. RADIUS OF 17386.45 FEET AND SUBTENDED BY A LONG CHORD HAVING A BEARING OF NORTH 17 DEGREES 40 MINUTES 35 SECONDS WEST AND A LENGTH OF 11.79 FEET; THENCE NORTH 21 DEGREES 06 MINUTES 12 SECONDS WEST 330.15 FEET; THENCE NORTH 13 DEGREES 46 MINUTES 10 SECONDS WEST 233.15 FEET; THENCE NORTH 12 DEGREES 19 MINUTES 24 SECONDS WEST 152,60 FEET TO THE NORTHERN LINE OF THE OWNER'S LAND; THENCE NORTH 84 DEGREES 52 MINUTES 23 SECONDS EAST 9.80 FEET TO THE WESTERN BOUNDARY OF SAID U.S.R 421; THENCE SOUTH 15 DEGREES 48 MINUTES 20 SECONDS EAST 150.51 FEET ALONG THE BOUNDARY OF SAID U.S.R. 421; THENCE CONTINUING ALONG SAID BOUNDARY SOUTHEASTERLY 574.88 FEET ALONG AN ARC TO THE LEFT AND HAVING A RADIUS OF 17380.68 FEET AND SUBTENDED BY A LONG CHORD HAVING A BEARING OF SOUTH 16 DEGREES 45 MINUTES 11 SECONDS EAST AND A LENGTH OF 574.85 FEET TO THE POINT OF BEGINNING. ALSO, LESS AND EXCEPT, THAT PORTION OF THE ABOVE -DESCRIBED REAL ESTATE CONVEYED TO NOTTINGHAM, LLC BY QUITCLAIM DEED DATED AUGUST 22, 2018 AND RECORDED SEPTEMBER 12, 2018 AS INSTRUMENT NO. 2018042558. 2 I 1. 2. 4 5. i t I� Exhibit "B" i Permitted Exceptions Real Estate Taxes for 2019 due and payable 2020, and all subsequent years, are a lien not yet due and payable. 20' Sewer Easement granted to the Clay Township Regional Waste District dated July 21, 1995 and -recorded December 26,1995 as Instrument No. 95-66240, and shown on the Survey by Joseph Trtan, RLS No. LS21500003, dated February 11, 2019 and last revised for Project No. W170567 (hereinafter the "Survey"). Perpetual Highway Easement granted to the State of Indiana, dated July 14, 2005 and recorded November 8, 2005 as Instrument Number 200500073534, and shown on the Survey. TEMPORARY ACCESS EASEMENT AGREEMENT by and between ARIA LAND JV, LLC, an Indiana limited liability company and ARIA ZIONSVILLE, LLC, an Indiana limited liability company, dated March , 2019 and recorded March , 2019 as Instrument No. in the Office of the Recorder of Hamilton County, Indiana. Terms and provisions of Declaration of Development Standards, Covenants and Restrictions for Andrade Industrial Park dated November 2, 1994, and recorded on November 3, 1994, in Miscellaneous Book 149, Page 354, in the Office of the Recorder of Boone County, Indiana, as amended by First Amendment to Declaration of Development Standards, Covenants and Restrictions for Andrade Industrial Park dated March _, 2019 and recorded March J 2019, as Instrument No. , in the Office of the Recorder of Boone County, Indiana. Terms and provisions of EXCLUSIVE SANITARY SEWER EASEMENT AGREEMENT by and between J.S. Snider and Vicki L. Snider, TriCo Regional Sewer District, duly organized and existing under the laws of the State of Indiana, ARIA LAND JV, LLC, an Indiana limited liability company and ARIA ZIONSVILLE, LLC, an Indiana limited liability company, dated March , 2019 and recorded March 2019 as Instrument No. , in the Office of the Recorder of Boone County, Indiana. DULY ENTERED FOR TAXATION 2019008649 QCD $25.00 Su N EREDFOR 03/12/2019 10:32:28AM 3 PGS acceptanceJennifer Hayden 12thday ofMarch 2019-SBH Hamilton County Recorder IN N gp�AuditorolHambnCounly Recorded as Presented Parcel # 17-13.06-00-MO31.000 J EW I IIIII (! III I I III IIII IIIII IIIII IIIII Illll IIIII IIIII IIII IIIII IIII IIII QUITCLAIM DEED ' I THIS INDENTURE WTINESSETH, that WAL-MART STORES EAST, LP, a Delaware limited partnership ('Grantor"), QUITCLAIMS to ARIA LAND JV, LLC, an Indiana limited liability company ("Grantee"), for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the real estate in Hamilton County, in the State of Indiana, described and depicted on Exhibit A attached hereto and made apart hereof. ; [The rest of this page has been intentionally left blank.] let IN WITNESS WHEREOF, Grantor has executed this Quitclaim Deed on the date set forth in the notary block below to be effective as of March 4, 2019. WAL-MART STORES EAST, LP, a Delaware limited partnership By: WSE Management, LLC, its Qum ral Partner�./---) Carole Baker Senior Director, Realty Operations ACKNOWLEDGEMENT STATE OF ARKANSAS ) COUNTY OF BENTON ) In the State of Arkansas, County of Benton, on this M(xv--(L.A1 , 2019, before me, the undersigned, a Notary Public in and for said County and State, personally appeared Carole Baker to me personally known, who being by me duly sworn did say that she is Senior Director, Realty Operations of WSE Management, LLC, the General Partner of the Grantor in the foregoing Quitclaim Deed, that said Quitclaim Deed was signed, sealed and delivered by her on behalf of said limited partnership by authority of its General Partner and said Senior Director, Realty Operations acknowledged said Quitclaim Deed to be' the free act and deed of said limited liability company, acting in its capacity as General Partner of said limited partnership. WITNESS MY HAND and notarial seal subscribed and affixed in said County and State, the day and inrc is certificate above written. My Commission Expires: ` Z` lic Printed: <---.,k Lf 't j:= e �`-Tcr I am a resident of � County, )/,lw Send tax statements to and Grantee's mailing address is: 8335 Keystone Crossing, Suite 220, Indianapolis, IN 46240 I affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social Security number in this document, unless required by law. Kaitlyn J. Marschke This instrument was prepared by Kaitlyn J. Marsehke, ICE MILLER LLP, One American Square, Suite 2900, Indianapolis, IN 46282. s- EXHIBIT A PART OF THE SOUTHWEST QUARTER OF SECTION 6, TOWNSHIP 17 NORTH, RANGE 3 EAST IN CLAY TOWNSHIP, HAMILTON COUNTY, INDIANA, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF SAID SECTION 6; THENCE SOUTH 00 DEGREES 23 MINUTES 46 SECONDS WEST ALONG THE WEST LINE OF SAID SOUTHWEST QUARTER, 654.42 FEET TO THE SOUTHWEST CORNER OF 20170011576 AS RECORDED IN THE OFFICE OF THE RECORDER OF HAMILTON COUNTY, SAID SOUTHWEST CORNER ALSO BEING THE POINT OF BEGINNING; THENCE NORTH 85 DEGREES 57 MINUTES 21 SECONDS EAST ALONG THE SOUTH LINE OF SAID INSTRUMENT, 342.74 FEET TO THE WEST RIGHT OF WAY LINE OF US 421 AS RECORDED IN INSTRUMENT NUMBER 200000007274; THENCE SOUTH II DEGREES 46 MINUTES 0 SECONDS EAST ALONG SAID WEST RIGHT OF WAY LINE, 153.65 FEET; THENCE SOUTH 13 DEGREES 12 MINUTES 49 SECONDS EAST ALONG SAID WEST RIGHT OF WAY LINE, 233.15 FEET; THENCE SOUTH 20 DEGREES 32 MINUTES 51 SECONDS EAST ALONG SAID WEST RIGHT OF WAY LINE, 306.58 FEET TO THE NORTH LINE OF INSTRUMENT NUMBER 2018042558; THENCE SOUTH 85 DEGREES 28 MINUTES 08 SECONDS WEST ALONG SAID NORTH LINE, 540.53 FEET TO THE WEST LINE OF SAID SECTION; THENCE NORTH 00 DEGREES 23 MINUTES 46 SECONDS EAST ALONG SAID WEST LINE, 683.03 FEET TO THE POINT OF BEGINNING, CONTAINING 6.69 ACRES, MORE OR LESS. a0�- 2019054121 WD $25.00 10/29/2019 01:14:11PM 4 PGS DULY ENTERED FOR TAXATION Jennifer Hayden inalacce acceptance Hamilton County Recorder IN Subject P Recorded as Presented !I 29th day of October 2019 - HG J..(� 7�1J Auditor of Hammon County J E W me Parcel # 17-13-06-00-00-031. LIMITED WARRANTY DEED THIS INDENTURE WITNESSETH that ARIA LAND JV, LLC, an Indiana limited liability company ("Grantor"), CONVEYS to CBH PROPERTIES CARMEL, LLC, an Indiana limited liability -- -, - ---- ..company ( Grantee"); for the sum -of Ten.-Dollars-($-10,00).and -other--valuable consideration, -the .xeceipt-of...-.- - --- which is hereby acknowledged, the following described real estate in Hamilton County, Indiana (the 'Real Estate"): See Exhibit A attached hereto and made a part hereof by this reference. This conveyance is subject to: 1. The lien of nondelinquent real estate taxes and assessments, each of which Grantee assumes and agrees to pay; 2. All liens, encumbrances, easements, rights -of -way, restrictions, covenants and conditions and other matters of record; Real Estate; and All matters that would be disclosed by an accurate inspection or survey of the 4. The following conditions and restrictions (collectively, the "Deed Restrictions"): Grantee c ovenants that, except in connection with and as an accessory use for any residential development, the Real Estate shall not be used for or in support of the following, either directly or indirectly via remote operation or distribution (such as remote internet fulfillment center or locations, locker, grocery drive -through, grocery home shopping pick-ups, mail order, or similar pick-up facility) as: (i) a discount store in excess of fifteen thousand (15,000) square feet in floor size, or (ii) a wholesale membership/warehouse club, grocery store/supermarket in excess of fifteen thousand (15,000) square feet in floor size; (iii) any lockers, lock -boxes or other type of storage system that is used to receive or store merchandise from a catalog or online retailer; (iv) operating a fulfillment facility in connection with selling, receiving, storing or distributing merchandise from a catalog or online retailer; (v) any collateral use (e.g., parking, drainage or service drives) in support of any of the foregoing uses; or (vi) any combination of the foregoing uses (the "Property Restrictions"). For purposes of clarification, the Property Restrictions shall not prohibit or be applicable to any locker, lock -boxes or other type of storage system or facility or any drop zone, landing area or other delivery system or facility which is or available to or otherwise primarily serves the occupants of any apartments or other residential dwellings located on the Real Estate from time to time. Grantee further covenants that the Real Estate shall not be used for or in support of the following: (i) adult book store, adult video store (an adult video store is a video store that sells or rents videos that are rated NC-17, X, XX, XXX, or of a rating assigned to works containing material more sexually explicit than XXX, by the film rating board of the Classification and Rating Administration), "adult" business activities, including without limitation any massage parlor, escort service, facility with nude (or partially nude, bathing suit -clad or lingerie -clad) models or dancers or any establishment selling or exhibiting sexually explicit materials; (i)) pawn shop, bar, night club, gaming activities (including but not limited to gambling, electronic gaming machines, slot machines and other devices similar to the aforementioned), provided, that nothing contained herein shall prohibit restaurants or dining establishments that serve or sale alcoholic beverages primarily for on -site consumption in addition to meals and other food related items; or (iii) any business or facility used in growing, delivering, transferring, supplying, -- -dispensing; dispersing; distributing or selling---marijuana--or -any synthetic --substance containing tetrahydrocannabinol, any psychoactive metabolite thereof, or any substance chemically similar to any of the foregoing, whether by prescription, medical recommendation or otherwise, and whether consisting of live plants, seeds, seedlings or processed or harvested portions of the marijuana plant (the "Noxious Use Restrictions"). Notwithstanding the foregoing, the Noxious Use Restrictions shall not exclude the regular business of any bank or financial institution insured by the F.D.I.C. or mortgage brokerage firm or other similar business providing long-term, mortgage type loans. All Property Restrictions shall remain in effect for a period of fifty (50) years from the recording of this Limited Warranty Deed. The Noxious Use Restrictions shall be perpetual unless applicable law prohibits a perpetual restriction, in which case the Noxious Use Restrictions shall remain in effect for the maximum amount of time allowed by law but in no event fewer than one hundred (100) years. The aforesaid covenants, conditions, restrictions and approval rights shall run with and bind the Real Estate, and shall bind Grantee or an affiliated entity, or its successors or assigns, and shall inure to the benefit of and be enforceable by Wal-Mart Stores East, LP, or an affiliated entity, or its successors and assigns, by any appropriate proceedings at law or in equity to prevent violations of such covenants, conditions, restrictions and approval rights and/or to recover damages for such violations, including without limitation damages incurred by Wal-Mart Stores East, LP, or an affiliated entity, concerning the business conducted on the land adjacent to the Real Estate. The foregoing Deed Restrictions shall be inserted by Grantee in every deed or ground lease to be delivered by it conveying lots or plots or other portions of the Real Estate or any interest therein. Grantor, as its sole warranty herein, specially warrants to Grantee, its successors and assigns, that it will forever defend title to the Real Estate (subject to the matters to which this conveyance is hereinabove made subject) against only those claims of persons claiming to title to or asserting claims affecting title to the Real Estate, or any part thereof, by, through or under Grantor, but not otherwise. The undersigned person executing this deed on behalf of Grantor represents and certifies that he/she is duly authorized to execute and deliver this deed on behalf of Grantor. [Remainder of page intentionally left blank; signature page follows.] nL��. IN WITNESS WHEREOF, Grantor has caused this deed to be executed this `�'day of October, 2019. GRANTOR .......... __.... .. ...... .... ARIA LAND JV, LLC, an Indiana limited liability company By: Cityscape Aria, LLC, and Indiana limited liability co25;4; .ManaMember By: Derrick R. Cranor, Manager STATE OF INDIANA ) ) SS: COUNTY OF MARION ) Before me, a Notary Public in and for the State of Indiana, personally appeared Derrick R. Cranor, as manager of Cityscape Aria, LLC, the managing member of Aria Land JV, LLC, an Indiana limited liability company, who acknowledged the execution of the foregoing Limited Warranty Deed in such capacity. Witness my hand and Notarial Seal this day of October, 2019. Notary Public Printed: I am a resident of �- county, My commission expires: Send future real estate tax bills to and Grantee's mailing address is: �— Melissa L. Brown Notary Public Seat [Harmnilton County, state of Indiana arnndsslon Expires November 18, 2021 Commission No fi49138 c/o Christian Brothers Automotive Corporation 17725 Katy Freeway, Suite 200 Houston, Texas 77094 Attention: Property Tax Department I affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social Security number in this document, unless required by law. Katie Marschke This instrument was prepared by Katie Marschke, One American Square, Suite 2900, Indianapolis, Indiana 46282. EXIMIT A LEGAL DESCRIPTION THE FOLLOWING DESCRIPTION WAS PREPARED BY JOSEPH TRTAN, P.S. - INDIANA #LS21500003 OF WEIHE ENGINEERS, INC. AS PART OF A SURVEY PERFORMED UNDER JOB NO, W 180791, DATED 04/09/2019. PART OF THE SOUTHWEST CORNER OF SECTION 6, TOWNSHIP 17 NORTH, RANGE 3 WEST OF THE SECOND PRINCIPAL MERIDIAN, HAMILTON COUNTY, INDIANA, DESCRIBED AS FOLLOWS: COMMENCING AT TIM SOUTHWEST CORNER OF SAID SECTION 6, THENCE NORTH 00 DEGREES 23 MINUTES 46 SECONDS EAST ALONG THE WEST LINE OF SAID SECTION 6, 1314.40 FEET TO THE POINT OF BEGINNING; THENCE NORTH 00 DEGREES 23 MINUTES 46 SECONDS EAST ALONG SAID WEST LINE, 81.37 FEET; THENCE NORTH 85 DEGREES 28 MINUTES 08 SECONDS EAST, 175.57 FEET; THENCE NORTH 04 DEGREES 31 MINUTES 52 SECONDS WEST, 33.57 FEET; THENCE NORTH 85 DEGREES 28 MINUTES 08 SECONDS EAST, 325.06 FEET TO THE WEST RIGHT OF WAY LINE OF MICHIGAN ROAD; THENCE SOUTH 20 DEGREES 32 MINUTES 51 SECONDS EAST ALONG SAID WEST- RIGHT OF WAY LINE, 119.27 FEET TO THE NORTH LINE OF INSTRUMENT NUMBER 2018042558 AS RECORDED IN TI4E OFFICE OF THE RECORDER OF HAMILTON COUNTY; THENCE SOUTH 85 DEGREES 28 MINUTES 08 SECONDS WEST, ALONG SAID NORTH LINE, 540.53 FEET TO THE POINT OF BEGINNING, CONTAINING 1.23 ACRES, MORE OR LESS. 1\14841615.1 O0+-Sa4 DULY ENTERED FOR TAXATION Subject to final acceptance of transfer 26th day of Auqust 2020 - CRH 9„r Aud'du of Hanlon Cou dy Parcel # 17-13-06.00.00-031. M RC LIMITED WARRANTY DEED 2020058113 WD $25.00 08/26/2020 02:48:04PM 6 PGS Jennifer Hayden Hamilton County Recorder IN Recorded as Presented I IIIII I I IIII I I III IIIII ��III �II�� IIIII IIIII IIII (IIII IIII IIIII IIII IIII THIS INDENTURE WITNESSETH that ARIA LAND JV, LLC, an Indiana limited liability JDg company ("Grantor"), CONVEYS to EIG14T KCE 302008 IN CARMEL LLC, a Michigan limited liability company ("Grantee"), for the sum of Ten Dollars ($10.00) and other valuable consideration, the receipt of which is hereby acknowledged, the following described real estate in Hamilton County, Indiana (the "Real Estate"): See Exhibit A attached hereto and made a part hereof by this reference. This conveyance is subject to: 1. Real estate taxes and assessments that are not yet and due payable, which Grantee assumes and agrees to pay; 2. All applicable zoning, building, and land use laws, ordinances, rules and regulations; 3. All matters that would be disclosed by an accurate ALTA/NSPS Land Title survey of the Real Estate and/or an inspection of the Real Estate; and Those certain title exceptions as set forth on Exhibit B attached hereto and made a part hereof. In addition to the foregoing, this conveyance is expressly subject to the following conditions and restrictions: Grantee covenants that, except in connection with and as an accessory use for any residential development, the Property shall not be used for or in support of the following, either directly or indirectly via remote operation or distribution (such as remote Internet fulfillment center or locations, locker, grocery drive -through, grocery home shopping pick-ups, mail order, or similar pick-up facility) as: (i) a discount store in excess of fifteen thousand (15,000) square feet in floor size, or (ii) a wholesale membership/warehouse club, grocery store/supermarket in excess of fifteen thousand (15,000) square feet in floor size; (iii) any lockers, lock -boxes or other type of storage system that is used to receive or store merchandise from a catalog or online retailer, (iv) operating a fulfillment facility in connection with selling, receiving, storing or distributing merchandise from a catalog or online retailer; (v) any collateral use (e.g., parking, drainage or service drives) in support of any of the foregoing uses; or (vi) any combination of the foregoing uses (the 'Property Restrictions"). For purposes of clarification, the Property Restrictions shall not prohibit or be applicable to any locker, lock -boxes or other type of storage system or facility or any drop zone, landing area or other delivery system or facility which is primarily available to or otherwise primarily serves the occupants of any apartments or other residential dwellings located on the Property from time to time. (b) Purchaser further covenants that the Real Estate shall not be used for or in support of the following: (i) adult book store, adult video store (an adult video store is a video store that sells or rents videos that are rated NC-17, X, XX, XXX, or of a rating assigned to works containing material more sexually explicit than XXX, by the film rating board of the Classification and Rating Administration), "adult" business activities, including without limitation any massage parlor, escort service, facility with nude (or partially nude, bathing suit -clad or lingerie -clad) models or dancers or any establishment selling or exhibiting sexually explicit materials; (ii) pawn shop, bar, night club, gaming activities (including but not limited to gambling, electronic gaming machines, slot machines and other devices similar to the aforementioned), provided, that nothing contained herein shall prohibit restaurants or dining 1\15585176.4 establishments that serve or sale alcoholic beverages primarily for on -site consumption in addition to meals and other food related items; or (iii) any business or facility used in growing, delivering, transferring, supplying, dispensing, dispersing, distributing or selling marijuana or any synthetic substance containing tetrahydrocannabinol, any psychoactive metabolite thereof, or any substance chemically similar to any of the foregoing, whether by prescription, medical recommendation or otherwise, and whether consisting of live plants, seeds, seedlings or processed or .harvested portions of the marijuana plant (the "Noxious Use Restrictions"). Notwithstanding the foregoing, the Noxious Use Restrictions shall not exclude the regular business of any bank or financial institution insured by the F.D.I.C. or mortgage brokerage firm or other similar business providing long-term, mortgage type loans. All Property Restrictions shall remain in effect for a period of fifty (50) years from the date of recording of the Deed. The Noxious Use Restrictions shall be perpetual unless applicable law prohibits a perpetual restriction, in which case the Noxious Use Restrictions shall remain in effect for the maximum amount of time allowed by law but in no event fewer than one hundred (100) years. The aforesaid covenants, conditions, restrictions and approval rights shall run with and bind the Real Estate, and shall bind Grantee or an affiliated entity, or its successors or assigns, and shall inure to the.benefit of and be enforceable by Grantor, or an affiliated entity, or its successors and assigns, and by Wal-Mart Stores East, LP ("Prior Owner"), or an affiliated entity, or its successors and assigns, by any appropriate proceedings at law or in equity to prevent violations of such covenants, conditions, restrictions and approval rights and/or to recover damages for such violations, including without limitation damages incurred by Grantor, or an affiliated entity, or by Prior Owner, or an affiliated entity, concerning the business conducted on the land adjacent to the Real Estate. Grantor, as its sole warranty herein, specially warrants to Grantee, its successors and assigns, that it will forever defend title to the Real Estate (subject to the matters to which this conveyance is hereinabove made subject) against only those claims of persons claiming to title to or asserting claims affecting title to the Real Estate, or any part thereof, by, through or under Grantor, but not otherwise. The undersigned person executing this deed on behalf of Grantor represents and certifies that he/she is duly authorized to execute and deliver this deed on behalf of Grantor. IN WITNESS WHEREOF, Grantor has caused this deed to be executed this 1401 day of August, 2020. ARIA LAND JV, LLC, an Indiana limited liability company By: Cityscape Aria, LLC, an Indiana limited liability company, its Managing Member Byf Derrick R. Cranor, its Manager WITNESS: (Signature) (Printed Name) STATE OF—"tPJJA ) SS: COUNTY OF ) Before me, a Notary Public in and for the State of Indiana, personally appeared Derrick R. Cranor, the Manager of Cityscape Aria, LLC, the Managing Member of Aria Land JV, LLC, an Indiana limited liability company, who acknowledged the execution of the foregoing Limited Warranty Deed in such capacity. Witness my hand and Notarial Seal this day of August, 2020. Nota u is Printe I aFn a resident of County, My commission expire GINA ANN JARNECKE �Bi'% Notary Public, State of Indiana =2;SEAL-r'= Hancock County •• • c Commission Number 695657 "pNPp\My Commission Expires January 22, 2025 STATE OF INDIANA ) ) SS COUNTY OF ) Before me, a Notary Public in and for said County and State, personally appeared who, under oath, affirms that he/she witnessed the execution of the foregoing Limited Warranty Deed by Derrick R. Cranor, the Manager of Cityscape Aria, LLC, the Managing Member of Aria Land JV, LLC, an Indiana limited liability company. Witness my hand and Notarial Seal this day of August, 2020. Not Pu li Pri ed: I a a resident of County, My\om�� ion ex i jes.�� Send future real estate tax bills to and Grantee's mailing address is: GINA ANN JARNECKE ` 'ti?aY•p�B�'s Notary Public. State of Indiana 2:SEAL:"= Hancock County c , ., • Commission Number 695657 ANp;z, My Commission Expires January 22, 2025 I affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social Security number in this document, unless required by law. Blake J. Schulz This instrument was prepared by Blake J. Schulz, Attorney, Ice Miller LLP, One American Square, Suite 2900, Indianapolis, IN 46282; Telephone: (317) 236-2204. EXHIBIT A LEGAL DESCRIPTION part of the Southwest Quarter of Section 6, Township 17 North, Range 3 East in Ciay Township, Hamilton County, Indiana, described as follows: Commencing at the Northwest comer of said Southwest Quarter of said Section 6; thence South 00 degrees 23 minutes 46 seconds West along the West line of said Southwest Quarter, 654.42 feet to the Southwest. corner of 20170011576 as recorded in the Office of the Recorder of Hamilton County; thence North 85 degrees 57 minutes 21 seconds East along the South line of said Instrument, 342.74 feet to the West right of way line of U.S. 421 as recorded in Instrument Number 200000007274; thence South 11 degrees 46 minutes 03 seconds East along said West right of way line, 152.17 feet to the point of beginning: thence continuing South 11 degrees 46 minutes 03 seconds East along said West right of way, 1.48 feet; thence South 13 degrees 12 minutes 49 seconds East along said West right of way, 233.15 feet; thence South 20 degrees 32 minutes 51 seconds East along said West right of way, 35.64 feet; thence South 85 degrees 28 minutes 08 seconds West 443.32 feet to a point on aforesaid West line; thence North 00 degrees 23 minutes 46 seconds East along said West line 341.56 feet; thence South 89 degrees 36 minutes 1.4 seconds East 56.00 feet to a non -tangential curve to the right having a radius of 20.00 feet and being subtended by a long chord bearing North 45 degrees 24 minutes 00 seconds East a chord distance of 28.28 feet; thence Northeasterly along said curve an arc distance of 31.42 feet; thence South 89 degrees 36 minutes 14 seconds East 1.24 feet to a curve to the right having a radius of 118.00 feet and being subtended by a long chord bearing South 82 degrees 03 minutes 29 seconds East a chord distance of 30.99 feet; thence Southeasterly along said curve an arc distance of 31.08 feet; thence South 74 degrees 30 minutes 38 seconds East 150.83 feet to a curve to the left having a radius of 182.00 feet and being subtended by a long chord bearing South 88 degrees 57 minutes 35 seconds East a chord distance of 90.83 feet; thence Southeasterly along said curve an arc distance of 91.79 feet; thence South 58 degrees 24 minutes 21 seconds East 34.33 feet to the point of beginning, containing 2.917 acres, more or less. A-] EXHIBIT B PERMITTED EXCEPTIONS 1. Real Estate taxes assessed for the year 2020 are a lien but are not yet due and payable. 2. Temporary Access Easement Agreement by and between Aria Land JV, LLC and Aria Zionsville, LLC for providing access to and from Michigan Road, recorded March 12, 2019 as Instrument 2019008771 and the terms and provisions contained therein. As referenced on the survey prepared by SEA Group Land Surveyors, a V3 Company, as Job No. 19843, dated November 18, 2019, revised November 22, 2019, December 13, 2019, August 5, 2020. (Survey) Easement in favor of: Duke Energy Indiana, LLC; Type of easement: telecommunication lines and incidental purposes; Recorded: May 6, 2019; Instrument No.: 2019018084. Subject to the terms and conditions thereof. As referenced on the Survey. 4. Restrictions and any other terms, covenants and conditions disclosed by. instrument recorded as Instrument No. 2019008648 and any subsequent instruments pertinent thereto. 5. Ordinance C-263 of the Common Council of the City of Carmel, Indiana, placing the same within the corporate boundaries thereof and making the same a part of the City of Carmel, recorded November 5, 2007 as Instrument No. 2007062553. 6. Terms and Provisions of a Declaration of Covenants and Restrictions and Grant of Easements recorded October 23, 2019, as Instrument No. 2019053002, in the Office of the Recorder of Hamilton County, Indiana.