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Both the private cross access easement and permanent easement re <br />the YDEsproperty to consent to the easement agreement, this list include <br />of Elk River) and the EDA since it has a mortgage with YDE. <br />YDErequested the EDA execute a consent to the execution and recording of the <br />Easement Agreement and Permanent Driveway Easement Agreement and <br />and interest in and to the property subject to the Mortgage is subject and subordinate to the terms of the <br />Easement. <br />As part of this project, E&R Investments will sell property to and purchaseproperty from YDE as <br />depicted in Exhibit C. YDE is also requesting the EDA amend the mortgage to reflect the properties new <br />legal description, permanent easement, and the cross access easement. <br /> <br />Financial Impact <br />None <br /> <br />Attachments <br />Permanent Driveway Easement Agreement between E&R Investments an <br />Enterprises <br />Exhibit C (permanent driveway easement and property to be purchased and sold) <br />Cross Access Easement Agreement between E&R Investments and Yank <br />Exhibit D (cross access easement) <br />Exhibit E (Shows all properties) <br />Mortgage (September 10, 2013) <br />Resolution Amending the Mortgage with Yankee Doodle Enterprises, LLC <br /> <br />N:\Departments\Community Development\Economic Development\EDA\Administrative\Agenda\EDA Agenda Packets\2017\01-17-2017\3.10 <br />sr Yankee Doodle Enterprises Easement Agreement and Mortgage Ame <br /> <br />