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Range Line - 116th - Centre Assoc. 992.190 sFMExT ti For and in consideration of the sum of One Dollar ($1.00) and other valuable consideration, receipt of which is hereby acknowledged, Centre Associates "Owner an Indiana limited partnership, hereby grants to the City of Carmel "City Indiana, a non exclusive easement for the installation and maintenance of a traffic signal and related equipment over and under the following described real estate: An easement over, under, and across a portion of the Southeast Quarter of Section 36, Township 18 North, Range 3 East, Clay Township, Hamilton County, Indiana more particularly described as follows: Commencing at the Southeast corner of the Southeast Quarter of Section 36, Township 18 North, Range 3 East, Clay Township, Hamilton County, Indiana; thence North 00 degrees 00 minutes 00 seconds East (assumed bearing) on the East line of said Southeast Quarter 646.00 feet; thence North 90 degrees 00 minutes 00 seconds West 40.00 feet to a point on the West right-of-way line for Range Line Road per I.S.H.C. MG -M Project No. B892(1) dated July 3, 1980 and the West line of the Real Estate described in Deed Book 316, Pages 597 and 598 in the Office of the Recorder of Hamilton County, Indiana, said point being the point of beginning for the ease- ment herein described; thence North 00 degrees 00 minutes 00 seconds East on said West right -of -way line and the West line of said Real Estate and the Real Estate described in Deed Book 320, Page 635 in said Office 61.00 feet; thence North 90 degrees 00 minutes 00 seconds West 8.00 feet; thence South 00 degrees 00 minutes 00 seconds West parallel with said West right of-way line 31.00 feet; thence North 90 degrees 00 minutes 00 seconds West 22.00 feet; thence South 00 degrees 00 minutes 00 seconds West parallel with said West right -of -way line 12.00 feet; thence South 90 degrees 00 minutes 00 seconds East 22.00 feet; thence South 00 degrees 00 minutes 00 seconds West 18.00 feet parallel with said West right -of -way line; thence Sbuth 90 degrees 00 minutes 00 seconds East 8.00 feet to the point of beginning. The City agrees that any landscaping or other improve- ments which are damaged or disturbed by its exercise of this easement shall be repaired at its sole cost and expense promptly after its work permitted under this easement is com- pleted. ?L>' E;ITERED FORTAXATIOi. ceptance fc: trar er elect, tofin:�; Hamilton ,unty The City a( .es to maintain the traf signal, and related equipment in good condition and repair. The City agrees that the Owner shall have the non- exclusive right to use the easement area for purposes which are not inconsistent with this grant of easement. The City agrees that if the Owner determines that the installation of the traffic signal and related equipment interferes with its existing pylon sign, that the city will cooperate with the owner in its efforts to relocate its pylon sign to a more suitable location. This easement is subject to any easements, agreements, covenants, conditions, restrictions, highways, or other matters of record. If any of the parties violate the terms of this agree- went, then in addition to any other relief to which they may be entitled, a party who prevails in any litigation regarding this easement shall be entitled to recover its reasonable attorney fees. This easement is subject to the consent of Nationawide Life Insurance Company. Dated this \o. day of 1990. CENTRE ASSOCIATES, an Indiana limited partnership by Da d H. Koaene, a Ge. ra ar ner by JA :K1 e, .j a General Partner CONSENT Nationwide Life Insurance Company as Mortgagee of the real estate subject to the foregoing easement does hereby consent to such easement. r A Dated s u t 20 199 By 4 0' 1 u Y w Robert'J Woodward Jr. Vi/ e President Printe Name 2 STATE OF INDIANA SS: COUNTY OF HAMILTON Before me, a Notary Public within and for the State of Indiana, duly commissioned and qualified, personally appeared David H. Kosene, a general partner, and Alvin E. Kite, Jr., a general partner, who acknowledged the execution of the fore- going document and who, having been duly sworn upon their oaths, stated that the facts and matters therein set forth are true and correct. WITNESS my hand and Notarial Seal this day of 1990. Notary Public (Signature) Notary Public vame Printed) Residing in \ac County My Commission Expires: This Instrument prepared by Richard J. Dick, Attorney at Law, 152 East Washington Street, Indianapolis, Indiana 46204 3 ACCEPTANCZ The undersigned, being the members of the Carmel Board of Public Works and Safety, hereby accept the foregoing Dedication of an easement from Centre Associates, an Indiana Limited Partnership for the installation and maintenance of a traffic signal and related equipment. CARMEL BOARD OF PUBLIC WORKS AND SAFETY 11 0,11. Dorothy J. ancock, Mayor D id L. Taylor, Ma r Billy Walker, Member ATTEST: usan ,zones, reasurer 4