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Rangeline Road/PSI and CRCC Sdr)u n.(LN,na ( toy .n i -u Cz.turN• GRANT OF EASEMENT Pt. Parcel ti 16- 10- 30- 03 -01- 003.000 Pt. Parcel N 16- 10- 30- 03 -01- 007.000 In consideration of the sum of One Dollar ($ I.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, THE CITY OF CARMEL REDEVELOPMENT COMMISSION (hereinafter referred to as "Grantor "), hereby grant(s) unto PSI ENERGY, INC., an Indiana corporation, and its successors and assigns (hereinafter referred to as "Grantee "), a perpetual, non - exclusive easement to construct, reconstruct, operate, patrol, maintain, repair, replace, relocate, add to, modify and remove. electric, and/or telecommunication line or lines including but not limited to, all necessary and convenient supporting structures, conduits, wires, cables, manholes, pullboxes, grounding systems, counterpoises, and all other appurtenances, fixtures and equipment (hereinafter referred to as the "Facilities "), for the underground transmission and distribution of electrical energy, and for technological purposes (including but not limited to teleconununications), in, upon, over, along, under, through and across the following described real estate: Situate in Section 30, Township 18 North, Range 4 East, Clay Township, Hamilton County, State of Indiana; being a part of a tract as recorded in Instrument Number 2006000001868 and flat Records for Bales & Davis Addition Deed Record 21, Page 416 in the Office of the Recorder of Hamilton County, Indiana (hereinafter referred to as "Grantor's Property "), and being more particularly descrihcd as follows: Said easement area being described and shown on a survey drawing marked Exhibit "A ", attached hereto and becoming a part hereof (hereinafter referred to as "the Easement Area "). This easement grant shall include, but not he limited to, the following respective rights and duties of Grantor and Grantee: I. Grantee shall have the right of ingress and egress over the Easement Area, and over the adjoining land of Grantor's Property (using lanes, driveways, and adjoining public roads where practical as determined by Grantee). 2. Grantee shall have the right to cut down, clear, trim, remove, and otherwise control any trees, shrubs, overhanging branches, and/or other vegetation upon or over the Easement Area. Grantee shall also have the right to cut down, clear, trim, remove, and otherwise control any trees, shrubs, overhanging branches, and /or other vegetation which are adjacent to the Easement Area but only to the extent such vegetation may endanger, as reasonably determined by Grantee, the safe or reliable operation of the Facilities, or where such vegetation is trimmed consistent with generally accepted arboricultural practices. 3. Grantee shall have the right to allow third parties to trench with Grantee's Facilities, and any such equipment shall include For Grantee's Internal Use: Line Name /No:Carmel Old Town Underground Conversion R /IV Tract No Project It514ZU1 Prep /Chk :ENIH / 11 E.rec /Rec: Drag /Fac Ref: Prepared Date:2 /15/2006 1 but not he limited to, wires, cables, and other fixtures; provided, that Grantor shall pursue any claim with the third party and not Grantee, if any such claim arises out of any third party's facility location. 4. To the best of Grantor's knowledge, the Easement Area and the adjoining land of Grantor's Property, have never been used to release, discharge, generate or store any toxic, hazardous, corrosive, radioactive or otherwise harmful substance or material. 5. Grantor shall not place, or permit the placement of, any obstructions, which may interfere with the exercise of the rights granted herein to Grantee. Grantee shall have the right to remove any such obstruction. 6. Grantee shall have the right to pile dirt and other material and to operate equipment upon the surface of the Easement Area and the adjoining land of Grantor's Property, but onh' during those times when Grantee is constructing, reconstructing, maintaining, repairing, replacing, relocating, adding to, modifying, or removing the Facilities. 7. Excluding the removal of vegetation and obstructions as provided herein, any physical damage to the surface area of the Easement Area and the adjoining land of Grantor's Property resulting from the exercise of the rights granted herein to Grantee, shall be promptly paid by Grantee, or repaired or restored by Grantee to a condition which is reasonably close to the condition it was in prior to the damage, all to the extent such damage is caused by Grantee or its contractors or employees. In the event that Grantee does not, in the opinion of Grantor, satisfactorily repair any damage, Grantor must, within ninety (90) days after such damage occurs, file a claim for such damage with Grantee at (a) enter address: 1000 E. Main St., Plainfield, IN 46168, Attn: Right of Way Services, or (b) by contacting an authorized Right of Way Services representative of Grantee. 8. Grantor shall have the right to use the Easement Area and the adjoining land of Grantor's Property in any manner which is consistent with the rights granted herein to Grantee, and shall comply with all applicable codes when making use of the land near the Facilities. 9. Notwithstanding anything to the contrary contained herein. Grantor shall not without the prior written consent of Grantee (a) construct or install, or permit the construction or installation of any building, house, or other above - ground structure, or portion thereof, upon the Easement Area; or (b) excavate or place, or permit the excavation or placement of any dirt or other material upon or below the Easement Area; or (c) cause, by excavation or placement of material, either on or off the Easement Area, a pond, lake, or similar containment vehicle that would result in the retention of water in any manner within the Easement Area. 10. Grantor warrants that it has the necessary authority and title to Grantor's Property to grant this easement to Grantee, and shall defend and hold Grantee harmless from the claim of any third party that Grantor does not have such authority or title. 11. The respective rights and duties herein of Grantor and Grantee shall inure to the benefit of, and shall be binding upon the respective successors, assigns, heirs, personal representatives, lessees, licensees, and/or tenants of Grantor and Grantee. Easement, 2 Grantor and Grantee, as used herein, shall be deemed to be plural, when required to be so. The exercise of any or all of the rights and privileges of Grantee set forth herein, shall he at the sole discretion of Grantee. IN WITNESS WHEREOF, Grantor has caused this Grant of Easement to be signed by its duly authorized representative, effective the 215- day of 2006. THE CITY OF CARNIEL REDEVELOPMENT COMMISSION, Grantor STATE OF ro>ntAatl2A- COUNTY OF {kan- 131, ) SS: /f C tr- Ronald E. Carter, President Personally appeared before me this day Ronald E. Carter, (a) duly authorized representative of Grantor and acknowledged the signing of this Grant of Easement by him to be a voluntary act and deed for and on behalf of Grantor, and having been duly sworniaflirmed, state(s) that any representations contained therein are true to the best of his personal knowledge. WITNESS my hand and notarial seal, this 5+. day of My Commission Expires: Nov , 5)..Da12 My County of Residence Signed Name: Harr , 2006. Printed Name: 4.S}Q.Yf S. NI t e. (Lee This Instntment Prepared by John B. Seheidler, Attorney -at -Law. 3 EXHIBIT fun ELECTRIC LINE EASEMENT A portion of the property of the Carmel Redevelopment Commission Part of Instrument Number 200600001868 January 20, 2006 A pan of the Southwest Quarter of Section 30, Township 18 North, Ranee 4 East of the Second Principal Meridian, Hamilton County, Indiana, also being part of Lot I in Rides and Davis Addition, as per plat thereof, recorded in Deed Rook 21, page 416 in the Office of the Recorder of Hamilton County, Indiana, more particularly described as fidlows: Commencing at the Northwest Comer of the Southwest Quarter of said Section 30, Township 18 North, Range 4 East; thence North 89 degrees 44 minutes 59 seconds East (assuming the West Line of said Southwest Quaver to he North 00 degrees 00 minutes 00 seconds East) 33.00 feet along the North Line of said Southwest Quarter to the northerly projection of the western lines of said Lots 5 and 6; thence South 00 degrees 00 minutes 00 seconds West 33.00 feel along said northerly projection to the northwestern corner of said Lot 5 and the northwestern comer of a 0.012 -acre tract of land granted to the City of Carmel. Board of Public Works and Salcty ( "Works and Safety tract ") (recorded as Instrument Number 200500047125 in said Recorder's Office); thence North 89 degrees 44 minutes 59 seconds Bast 306,67 feel along said Works and Safely tract and the northern lines of Lots 29 and 30 of said Wan en and Phelps Addition In the western right -of -way line 1st Avenue Southeast, said point lying 16.50 feel (measured westerly in a perpendicular direction) From the centerline thereof; thence South 00 degrees 10 minutes 27 seconds Fast 140.75 feet along said western right -ol way line to the northeastern comer of Lot 2 in said Bales and Davis Addition: thence South 89 degrees 41 minutes 23 seconds West 69.47 feel along the northern lines of said Lots 1 and 2 to the POINT OF BEGINNING of this description; thence South 00 degrees 05 minuses 48 seconds East 32.50 feet parallel with the eastern lines of Lots 23 and 24 in said Warren and Phelps Addition; thence South 89 degrees 41 minutes 23 seconds West 51.00 feel parallel with the northern line of said Lnt I to a point lying 22.50 feet (pleasured easterly in a perpendicular (irection) from the eastern line of said Lot 23; thence North 00 degrees 05 minutes 48 seconds West 32.50 feet parallel with said eastern line to the northern line of said Lot 1; thence North 89 degrees 41 minutes 23 seconds East 51.00 feet along said northern line to the POINT OF BEGINNING, containing containing 1650.6 square feet or 0.038 acres, more or less. POINT Or COMMENCEMENT: NW CW.. 5W 1/4. SiC.30 -718N-R4E STEEL PIN POUND 4.89'44'4 3' E -5 0000'00 W 50 0 50 100 SCALE:1° = 50' EAST MARI STREET W NORTH [INC. 5W 1/4, 5E0.30- T18N -04E N 8744591 1- 306.67' THE 011T OF CARMEL-4._ INSTRUMENT /]00500047125 118.8 S0. rl. 0.003 ACRES. ADJOINER THE CITY OF CARMEL INSTRUMENT /200500047125 502.0 50. Eli 0.012 ACRES/ GRANTOR: LOT 5 PEDCOR RESDENTIAL, LTC INSTRUMENT 5200500053142 4- 1 ORIGINAL LOT LINE L01 6 GRANTOR: THE CITY OF CARMEL cc REDEVELOPMENT COMMISSION 10' PLAITED ALLEY ORIGINAL LOT UNE MA -LLC INST. 5199909942990 LOT 23 ORIGINAL LOT UNE 132 C�L M1"A — 101 24 041.11021 E. & MARCIA A FOREMAN INST. 19809503063 it' Ayr INSTRUMENT 5200500025904 LOT 29 GRANTOR: THE OTT OF CARMEL REDEVELOPMENT o INSTRUMENT r54.1 - /200500001216 S 'i 8 � W wP • LOT 30 Ol0NACLOl LINE 10' PLATTED ALLEY I I91/N 89'41 23 E� N 0V05µ9- P'l 5 2 89'42'23' 5] QD of If 1 22 LOT 1 5 893'123 "W -69.47 POINT OF GEGINNI 0.038 ACRES M 1.650. I4 Ig 0005'48' 1 ,,,,_rBNMr 50 OaS TP,314 11 05113 • 00 LOT 2 GRANTOR: THE CITY OF CARMEL REDEVELOPMENT COMMISSION 1251. 1208600001668 lPHTSICAL lit STREET 5.E - (PER P41) 15 APP. R W LEVELS ELECTRIC L NE EASEMENT EXHIBIT CITY OF CARMEL, HAMILTON COUNTY, INDIANA 1 OF 1 PILDIUC 8211/114; *2/90/108. 0'8. �R :sT