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3.0. EDSR 10-17-2005
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3.0. EDSR 10-17-2005
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City Government
type
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10/17/2005
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• shall share equally (50%) to each) in any and all repairs to, and maintenance of, the Driveway <br /> located within the Easement Area, including but not limited to, patching, resurfacing, seal <br /> coating and snow plowing; provided that, any such single expense must be expressly agreed <br /> upon in advance and in writing by O'Brien and Adjacent Owner. Failure of either party to pay <br /> for its share of any expense incurred in connection with the Easement Area within thirty (30) <br /> days of notice of said expense shall entitle the party that has paid the full amount of such expense <br /> to file a lien against the non-paying party's property in the amount of such non-paying party's <br /> share of the expense. The lien may be foreclosed in any court of competent jurisdiction in the <br /> same manner that a mechanic's lien is foreclosed. Notwithstanding anything herein to the <br /> contrary, Adjacent Owner shall maintain, repair and replace the curbing located on the portion of <br /> the Easement Area that is part of the EDA Property and O'Brien shall maintain, repair and <br /> replace the curbing located on the portion of the Easement Area that is part of the O'Brien <br /> Property. <br /> 9. Insurance. O'Brien shall pay for and maintain general public liability insurance <br /> in the minimum amount of One Million and no/100 Dollars ($1,000,000.00) covering any injury <br /> or death to any persons, or property damage, caused by O'Brien, its employees, agents, <br /> contractors and tenants and occurring within the Easement Area. EDA shall pay for and <br /> maintain general public liability insurance in the minimum amount of One Million and no/100 <br /> Dollars ($1,000,000.00) covering any injury or death to any persons, or property damage, caused <br /> by any of EDA, its employees, agents, contractors and tenants and occurring within the <br /> Easement Area. Each insurance policy shall name the other party as an additional named insured <br /> and shall provide for at least thirty(30) days written notice to the other party prior to cancellation <br /> or reduction in coverage. Evidence of such insurance coverage shall be provided by both parties <br /> at the time of execution of this Agreement. <br /> 10. Indemnification/Hold Harmless. O'Brien shall indemnify, defend and hold <br /> harmless EDA from and against any claim, damage, cost and expense (including reasonable <br /> attorney's fees) or liability arising out of any injury, death or property damage, or contamination <br /> to the soil or ground water of the EDA Property as a result of the release of a hazardous <br /> substance, hazardous waste, pollutant or contaminant [as those terms are defined in the <br /> Comprehensive Environmental Response, Compensation and Liability Act of 1980 (CERCLA) <br /> or the Minnesota Environmental Response and Liability Act (MERLA)], which is caused by <br /> O'Brien during its use of the Easement Area from and after the date of this Agreement. EDA <br /> shall indemnify, defend and hold harmless O'Brien from and against any claim, damage, cost <br /> and expense (including reasonable attorney's fees) or liability arising out of any injury, death or <br /> property damage, or contamination to the soil or ground water of the O'Brien Property as a result <br /> of the release of a hazardous substance, hazardous waste, pollutant or contaminant [as those <br /> terms are defined in the Comprehensive Environmental Response, Compensation and Liability <br /> Act of 1980 (CERCLA) or the Minnesota Environmental Response and Liability Act <br /> (MERLA)], which is caused by EDA during its use of the Easement Area from and after the date <br /> of this Agreement. <br /> 11. Runs with the Land. The benefits and burdens of this Agreement shall run with <br /> the O'Brien Property and the EDA Property, and shall be binding upon the successors and <br /> • assigns of O'Brien and EDA. <br /> 1821372v2 3 <br />
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