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HomeMy WebLinkAboutC06-268 I:-AGLI:. [~UUNIY, cu 200624394 TEAK J SIMONTON 2< 6 02:35: 13PM iAS/iAS/2iAI"l>S R~C : .: DOC: $ "" !O lQ '" 1111'1111111111111111,11111111111111111 EASEMENT AGREEMENT THIS AGREEMENT (the "Agreement"), made as of the day of August, 2006, between Ralph E. Seago and Sherri L. Seago ("Grantors"), whose address is P.O. Box 943, Eagle, CO 81631, and the Board of County Commissioners of Eagle County, Colorado, a political subdivision of the state of Colorado ("Grantee"), WITNESSETH: WHEREAS, Grantors are the fee owner of certain real property (the "Property") described on Exhibit "A" (Survey Description and Map) attached hereto and incorporated herein by this reference; and WHEREAS, Grantors wish to grant to Grantee, and Grantee wishes to obtain from Grantors, an easement on the Property for purposes of constructing and maintaining a trail pathway on the Easement for the benefit of the people of Eagle County. NOW, THEREFORE, in consideration of the foregoing premises and the following promises, the parties hereto agree as follows: 1. Grantors, in consideration of the sum of forty one thousand dollars ($41,000.00) and other good and valuable consideration, the sufficiency of which is hereby confessed and acknowledged, hereby grant a perpetual, non-exclusive easement (the "Easement") to Grantee, its successors and assigns, for the benefit of the people of Eagle County, for construction and maintenance thereon of a ten-foot wide paved trail, with necessary fill slopes and drainage appurtenances (the "Improvements"), as shown on the attached map labeled as Exhibit "B" ("Construction Plan"), to have and to hold the same, together with all and singular the appurtenances and privileges thereunto for the proper use and benefit of Grantee, its successors and assigns, forever, subject only to the terms hereof. 2. To the extent allowed by law, Grantee shall indemnify and hold harmless the Grantors, their successors and assigns, from and against any claim of liability arising from acts or omissions of the Grantee, and its employees, agents and contractors, in connection with the construction and use authorized herein; provided, however, that Grantee does not hereby waive the immunities and limitations provided under the Governmental Immunity Act or any successor thereto. 3. Grantee shall construct, maintain, repair and replace the Improvements in a manner and by means in accordance with its exclusive judgment, at its own expense. In the event that Improvements are damaged or destroyed by Grantors, their employees, agents and contractors, on or upon the Easement, Grantors shall be responsible for repair and restoration of the Improvements to their condition prior to such destruction or damage. 4. Grantee shall utilize areas shown on Exhibit B and labeled as construction staging and grading areas with the provision that Grantee shall reclaim, restore and reseed those areas following the completion of the construction project. 5. Ifin Grantee's sole opinion, the trail for which this easement was originally granted is no longer necessary for any reason, Grantee or Grantors may request dissolution of this easement. Such dissolution must be in writing and will not be unreasonably withheld by Grantee or Grantors. 6. Grantors shall not place, construct or maintain any structure on or above the surface of the Easement that would unreasonably obstruct access to or the use of the Easement. Grantee shall provide for continued drainage across and through the Easement. 7. This Easement is granted subject to prior, recorded grants of easements. After the date hereof, Grantor shall not make or authorize any use of the Easement which is inconsistent with or interferes with the uses authorized herein. 8. The Property is subject to a security interest held by GMAC Mortgage Corporation. Grantors and Grantee agree to cooperate with in expeditiously obtaining the written consent of GMAC Mortgage Corporation to this Easement Agreement in accordance with the process outlined on Exhibit "C" hereto, and Grantors further agree that the amount of consideration to be paid by Grantee to Grantor hereunder shall be due and payable within thirty (30) days after receipt by Grantee of the written consent ofGMAC Mortgage Corporation to the easement granted hereunder. IN WITNESS WHEREOF, the parties have entered into this Agreement as of the day and year first above written. / / Rest of Page is Blank. Signature Pages follow II 2 GRANTORS ACKNOWLEDGMENT STATE OF COLORADO County of ~. O{-e-- ) ) ss. ) Glu. 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