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<br />-1- <br />M:\4271\910914\RAP\DOCS\U&D EMT.DOC <br />803729147_3 <br />191911v2 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />UTILITY AND INGRESS AND ACCESS EASEMENTS <br /> <br /> <br />THIS EASEMENT GRANT (this “Easement Grant”) is made and entered into on <br />___________________, 2017, from PIPE PORTFOLIO OWNER (MULTI) LP, a Delaware <br />limited partnership (“Grantor”), to the CITY OF ELK RIVER, a Minnesota municipal <br />corporation, situated in Sherburne County, Minnesota (“Grantee”). <br />In consideration of One Dollar ($1.00) and other good and valuable consideration in hand <br />paid by Grantee, the receipt and sufficiency of which Grantor hereby acknowledges, Grantor <br />hereby grants, conveys and sells to Grantee, its successors and assigns, permanent non-exclusive <br />easements for utility and access purposes over, under and across the following described <br />property: <br />An easement for utilities, ingress and egress over that portion of vacated industrial boulevard <br />adjoining the easterly line of Lot Eight (8), Auditor’s Subdivision No. 3, Sherburne County, <br />Minnesota; <br />AND <br />A 60 foot easement for utility, ingress and egress adjoining the easterly line of the following <br />described property: <br />That part of Lot Eight (8), Auditor's Subdivision No. 3, Sherburne County, Minnesota, <br />lying Northerly of a line 360 feet distant North of the iron pipe at the Southwest corner <br />of said Lot Eight (8); thence Easterly and parallel with the South line of said Lot Eight <br />(8) to the Great Northern Railroad right-of-way and there terminating; <br />