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p59a Right of Entry 126th/Keystone - Mohawk Housing PartnersProject: Keystone Parkway Parcel: 59A RIGHT OF ENTRY y� This Right of Entry has been executed this )--h day of APX I 2008. by Mohawk Housing Partners, LLC ("Grantor") and the City of Carmel, Indiana, an Indiana municipal corporation ("Grantee"). RECITALS WHEREAS, Grantor is the owner of certain real estate (the "Grantor Parcel") located in the City of Carmel, Hamilton County, Indiana, which Grantor Parcel is more particularly described on Exhibit A attached hereto and incorporated herein; and WHEREAS, Grantee is involved in a project to construct Keystone Parkway in the City of Carmel, Hamilton County, Indiana (the "Project"); and WHEREAS, the Project affects a portion of the Grantor Parcel and Grantee needs to acquire fee simple title to a portion of the Grantor Parcel which portion (the "Fee Parcel") is more particularly described in Exhibit A attached hereto and incorporated herein by this reference; and WHEREAS, Grantor intends to execute a warranty deed (the "Deed") for the Fee Parcel, but desires to enter into this Grant of Right of Entry to allow Grantee to start on the Project until such time as the Deed is fully executed and recorded; and NOW THEREFORE, in consideration of the sum of Ten Dollars ($10.00), the foregoing Recitals, all of which are incorporated herein and the following mutual covenants and other good and valuable consideration, the receipt and sufficiency of which the parties hereby acknowledge, the parties agree as follows: 1. Grant. Grantee shall temporarily forego the exercise of its right of eminent domain with respect to the Fee Parcel because the parties believe that they will mutually benefit by an extended time period within which to resolve issues and continue negotiations. Grantor hereby grants and provides to Grantee, its agents, contractors, subcontractors and employees the right to use the Fee Parcel for any lawful purpose related to the Project including, but not limited to, surveying. testing, moving dirt or ground, removal of dirt or ground, landscaping, constructing the roadway and any other lawful purpose in connection with the Project as would be permitted if the right-of-way had actually been obtained. 2. Termination By Conveyance. Except as provided in Section 3 below, this Right of Entry shall be irrevocable until such time as the Deed is recorded in the Office of Recorder of Hamilton County, Indiana at which time this Right of Entry shall terminate. 3. Termination by Order. Neither party hereto waives any of their rights with respect to the Fee Parcel in the event negotiations fail and it becomes necessary for Grantee to institute eminent domain proceedings via the filing of a condemnation complaint. In such event, however, this Right of entry shall nevertheless be irrevocable until such time as an Order of Appropriation is issued by the applicable Court having jurisdiction regarding eminent domain matters and such Order is recorded in the Office of Recorder of Hamilton County, Indiana. 4. Warranty. Grantor, by executing below, hereby warrants that Grantor is the lawful owner of the Grantor Parcel and that there is no encumbrance or other restriction upon Grantor providing this "Right of Entry" to Grantee. 5. Indemnification. Grantee shall indemnify, defend and save Grantor harmless from any and all liability, loss, damage, cost, obligation and expense which arises out of or results from any negligent act, whether of commission or omission, of Grantee, its agents, employees, contractors, subcontractors. licensees or others claiming by. through or under Grantee, occurring in or about the Fee Parcel whether in the exercise of Grantee's rights hereunder or in breach or excess thereof IN WITNESS WHEREOF, Grantor and Grantee herein have executed this Grant of Right of Entry as of the day first above written. GRANTOR: GRANTEE: Mohawk Housing Partners, LLC The City of Carmel, Indiana By: By: Signaut re Signature BAe1 e c+tA f es STATE OF INDIANA ) SS: COUNTY OF Marl 011 ) Before me, a Notary Public in and for said County and State; personally appeared Mohawk Housing Partners, LLC, By: who acknowledged the execution of the foregoing Grant of Right of Entry and who having been duly sworn acknowledged that any representations set forth therein are true and correct. Witness my hand and Notary Seal this day of Mara/1 , 2008. My Commission Expires: J-U-nt- Y1 2DkZ County of Residence: 171/ iVA. STATE OF INDIANA ) SS: COUNTY OF HAMILTON) No[Ary Public 5 11 i �� SUt-Yiv r0 Printed Before me. a Notary Public in and for said County and State; personally appeared, the SC-Ey/ek,;., . .dost&, / -rQ ;,,.• of the City of Carmel, who acknowledged the execution of the foregoing Right of Entry and who having been duly sworn acknowledged that any representations set forth therein are true and correct. Witness my hand and Notary Seal this < day of My Commission Expires: 074", County of Residence: , 2008. Nctfary P lic Yu a/ z 5,e A1. Printed This instrument was prepared by Attorney at I affirm, under the penalties for perjury, that I have taken reasonable care to redact each and every Social Security number from this document, unless it is required by law. After recording, return to: 59A. ROr. wpd/RAH