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HomeMy WebLinkAbout05-96 Recorded (Utility Easement) THIS INSTRUMENT PREPARED a tzi 121K 4 1 23- BY BY AND AFTER RECORDING This space reserved for Recorder's tswl , WEGMAN SHOULD BE RETURNED TO: RECORDER KANE COUNTY, IL Gregory A. Thorpe,Esq. RECORDED ON Kubasiak,Fylstra,Reizen&Rotunno 08/12/2005 02:44PM Two First National Plaza 20 South Clark Street REC FEE: 59. 00 Suite 2900 PAGES: 10 Chicago,Illinois 60603 go'O I ago 70 I i ( MAP ATTACHED ACCESS AND UTILITY EASEMENT GRANT THIS ACCESS AND UTILITY EASEMENT GRANT (this "Grant") is made as of the day of , 2005, by BOWES ROAD DEVELOPMENT LLC, an Illinois limited liability company, hose address is c/o The Missner Group, 5520 West Touhy Avenue, Skokie, Illinois 60077 ("Grantor"). RECITALS: A. As of the effective date hereof, Grantor is the owner in fee simple of certain real property situated in Kane County, Illinois, legally described on Exhibit "A" attached hereto and made a part hereof (the "Property"), and graphically depicted on the Plat of Subdivision of Bowes Road Resubdivision recorded prior to this Grant in the Office of the Recorder of Deeds of Kane, County, Illinois ("Subdivision Plat"), a copy of portions of which is attached hereto as Exhibit"B" and made a part hereof B. Grantor intends to convey Lot 1 on the Subdivision Plat ("Lot 1") to a third-party Purchaser subsequent to the date hereof. Grantor shall retain title to the parcel described as Lot 2 on the Subdivision Plat("Lot 2"). C. The Subdivision Plat depicts certain easements for the benefit of Lot 2 and to confirm those easements, Grantor intends to confirm and grant easements over a portion of Lot 1 for (i) access between Lot 2 and Bowes Road, and (ii) utilities to service Lot 2, each in the areas depicted on the Subdivision Plat. D. SBC Communications, Inc., Illinois Bell Telephone doing business as SBC Illinois, an Illinois corporation ("SBC"), has requested an easement across a portion of Lot 2 and Grantor has agreed to grant an easement. NOW, THEREFORE, in consideration of the Grant herein contained, for Ten Dollars ($10.00) and for other good and valuable consideration not herein recited but hereby receipted N\CLIENTS\1427-39\Sale of Bowes RdWccess Utility Easement Agmt(3).doc Lhica{opo Title f f'SU����C8 Company1795 West �;t: $e Sired /� l ( /' 1 Geneva. IL 60134 l/��'4 J6 for, the sufficiency of which consideration is hereby acknowledged, Grantor hereby declares as follows: 1. Grants of Easements. (a) Subject to the terms and conditions of this Grant, Grantor hereby grants, sells and conveys a perpetual easement (the "Access Easement") for the benefit of the owner of Lot 2, its assigns and successors-in-interest and/or title with respect to Lot 2 ("Lot 2 Owner") and as an appurtenance thereof, on a non-exclusive basis (and in common with rights of Grantor and its successors and assigns in and to title with respect to Lot 1, and the tenants, employees, agents, business invitees, customers and licensees of Grantor), for the purpose of providing Lot 2 Owner and its and their tenants, employees, agents, independent contractors, business invitees, customers, and licensees, vehicular and pedestrian access between Lot 2 and Bowes Road on, over and across that portion of Lot 1 depicted on the Subdivision Plat as "Access Easement" (the "Access Easement Area") and for maintenance of the Access Easement Area. (b) Subject to the terms and conditions of this Grant, Grantor hereby grants, sells and conveys a perpetual easement (the "Water & Sanitary Easement") to Lot 2 Owner and as an appurtenance to Lot 2, on a non-exclusive basis (and in common with rights of Grantor and its successors and assigns in and to title with respect to Lot 1, and the tenants, employees, agents, business invitees, customers and licensees of Grantor), for the purpose of providing Lot 2 Owner and its and their tenants, employees, agents, independent contractors, business invitees, customers, and licensees, water and sanitary utilities to Lot 2 in that portion of Lot 1 depicted on the Subdivision Plat as 25' "Water & Sanitary Easement" (the "Water & Sanitary Easement Area") and for maintenance of the Water & Sanitary Easement Area. (c) Subject to the terms and conditions of this Grant, Grantor hereby grants, sells and conveys a perpetual easement(the "Utility/Drainage Easement") to Lot 2 Owner and as an appurtenance to Lot 2, on a non-exclusive basis (and in common with rights of Grantor and its successors and assigns in and to Lot 1, and the tenants, employees, agents, business invitees, customers and licensees of Grantor), for the purpose of providing Lot 2 Owner and its and their tenants, employees, agents, independent contractors, business invitees, customers, and licensees, utilities and drainage to Lot 2 in that portion of Lot 1 depicted on the Subdivision Plat as 12' Utility/Drainage Easement" (the "Utility/Drainage Easement Area") and for maintenance of the Utility/Drainage Easement Area. The Access Easement, Water & Sanitary Easement, the Utility/Drainage Easement and the SBC Utility Easement (as hereinafter defined) are collectively referred to herein as the "Easements." (d) Subject to the terms and conditions of this Grant, Grantor hereby grants, sells and conveys a perpetual utility easement (the "SBC Easement") for the benefit of SBC and its assigns and successors in interest on a non-exclusive basis for the purpose of providing Lot 2 Owner and its tenants, employees, agents, independent contractors, business invitees, customers licensees, and communications facilities over and across the westerly most ten(10) feet of Lot 2. (e) Subject to the terms and conditions of this Grant, Grantor hereby grants, sells and conveys a temporary construction easement ("Construction Easement") to Lot 2 Owner over the Access Easement Area and that portion of Lot 1 adjacent to the Access Easement Area N\CLIENTS\1427-39\Sale of Bowes Rd\Access Utility Easement Agmt(3).doc 2 and within five (5) feet thereof, for purposes of Lot 2 Owner's grading and construction activities in connection with the construction of the improvements on Lot 2 and in the Access Easement Area, the Water & Sanitary Easement Area, Utility/Drainage Easement Area (collectively referred to herein as the "Easement Areas"). 2. Term. The term of the Easements shall commence on the date the Subdivision Plat is filed for record in the Public Records of Kane County, Illinois, and shall run in perpetuity unless sooner terminated by written agreement executed by all persons and entities owning and holding, of record, any fee interest in Lot 1 or Lot 2. The term of the Construction Easement shall commence on the date this Grant is recorded in the Public Records of Kane County, Illinois, and shall terminate on the earlier to occur of(a) completion of the construction activities relating to the Access Easement or (b) one (1) year after the date this Grant is recorded in the Public Records of Kane County, Illinois. Notwithstanding the provisions of the preceding sentence providing for automatic termination of the Construction Easement, Lot 2 Owner agrees that it shall execute, acknowledge and deliver to Grantor within ten (10) days following receipt of written request from Grantor, an instrument in recordable form confirming the termination of the Construction Easement effective as of the termination date referred to in the preceding sentence. 3. Construction and Maintenance. Lot 2 Owner will construct, repair and maintain the pavement within the Access Easement Area in good condition, and in accordance with all applicable laws and regulations. Lot 2 Owner will construct, repair, and maintain the facilities within the Water & Sanitary Easement Area and the Utility/Draining Easement Area at its cost in good condition, and in accordance with all applicable laws and regulations., promptly restoring the surface area disturbed during such work. All construction and maintenance will be conducted safely, in accordance with all laws, lien free and in a manner which does not create any material interference with use of Lot 1. Prior to commencing construction, repair or maintenance, Lot 2 Owner shall deliver to the owner of Lot 1 ("Lot 1 Owner") a description of the work to be done (including plans and specifications, if used), all required permits and proof of insurance on behalf of its contractors (general liability, worker's compensation, unemployment, and any other coverage reasonably requested) in advance of the work, except in the event of an emergency, in which case such notice and information shall promptly follow. Lot 2 Owner shall be responsible for all aspects of the work, including, but not limited to, permits, materials, contractors, engineering, legal, and surveys, and paying all costs associated therewith. Lot 2 Owner shall repair all damage it causes at its cost as promptly as practicable. In the event a material defect or obstruction occurs to prevent Lot 2 Owner's use of the Easement Areas, Lot 1 Owner will remove same promptly. Lot 2 Owner may remove such a material obstruction or defect within the Easement Areas at Lot 1 Owner's cost, upon fourteen (14) days advance written notice of the existence of the obstruction or defect, or immediately in the event of a bona fide emergency (in which case, notice to promptly follow). In the event Lot 2 Owner exercises its right to remove a material obstruction or defect on Lot 1, Lot 2 Owner will present an invoice, together with detailed documentation setting forth all of the costs and expenses with respect to such repairs, which invoice will be paid promptly by Lot 1 Owner. N\CLIENTS\1427-39\Sale of Bowes RdWccess Utility Easement Agmt(3).doc 3 4. Insurance. Lot 1 Owner and Lot 2 Owner shall each also provide and maintain commercial general liability insurance with broad form coverage endorsement (including broad form property damage endorsement) insuring against claims for personal injury, bodily injury or death, and property damage or destruction. Such insurance shall be written with an insurer licensed to do business in the State of Illinois and have at least an A rating from the AM Best Company, shall name the other parties as an additional insured, pursuant to an additional insured endorsement reasonably approved by the other parties, and shall include a cross-liability clause. The limits of liability of such insurance shall be not less than $1,000,000 for personal injury or bodily injury or death of more than one person, $1,000,000 personal injury or bodily injury or death of more than one person in one occurrence and $100,000 with respect to damage to or destruction of property, with a limit of$2,000,000 in the aggregate in any one year. The parties shall each also furnish the other parties with a copy of an ACORD Form certificate evidencing such insurance and such certificate shall reference the cross-liability clause. The policy of such insurance shall provide that the insurance represented by such certificate shall not be cancelled without the giving of thirty (30) days prior written notice to the holders of such insurance and the holders of such certificates. 5. Indemnification. Each of Grantor and Lot 2 Owner agrees to indemnify and save harmless the other and its agents, representatives, and employees (the "Indemnitees") from any and all charges, claims and causes of action arising out of any damages, losses, expenses, charges, costs, injuries or illnesses sustained or incurred by the Indemnitees arising from either party's obligations arising under this Grant. 6. Covenants Running with the Land. The easements hereby granted, the restrictions hereby imposed and the covenants herein contained shall be easements, restrictions and covenants running with the land and shall inure to the benefit of, and be binding upon, the parties hereto and their respective successors and assigns. 7. Notices. Any notice required or permitted to be given by the terms of this Grant shall be given in writing and deemed given when received by the addressee at the addresses provided to the other party from time to time. 8. Entire Grant. No modification of this Grant shall be binding upon the parties unless set forth in writing and signed by Grantor and Lot 2 Owner, or their respective successors or assigns. 9. Severability. If any provision of this Grant is invalid or unenforceable, this Grant shall be divisible as to such provision and the remainder of this Grant shall be and remain valid and binding as though such provision was not included herein. 10. Headings and Captions. Headings and captions in this Grant are for convenience or for reference only and shall not limit or affect the meaning hereof. 11. Governing Law. The parties hereto agree that this Grant shall be governed by the laws of the State of Illinois. 12. Grantor. As used herein, the term "Grantor" shall mean and include both Grantor named herein and its assigns and successors in interest and/or title with respect to Lot 1 or Lot 2. N\CLIENTS\1427-39\Sale of Bowes Rd\Access Utility Easement Agmt(3).doc {� 4 U, IN WITNESS WHEREOF, Grantor has executed and delivered the within Grant to be effective as of the day and year first above written. GRANTOR: BOWES ROAD DEVELOPMENT LLC, an Illinois limited liability company By: MISSNER GROUP0 SS T MANAGEMENT, L.L.C., anIllino�.� � % bility company, Its Manager e& • Its Manager ) N\CLIENTS\1427-39\Sale of Bowes Rd\Access Utility Easement Agmt(3).doc 5 STATE OF ILLINOIS ) ) SS. COUNTY OF C 0 0 K) I, Al tx,. L. d tnn, Qn Q z, a notary public in and for said County, in the State aforesaid, DO HEREBY CERTIFY THAT G 1 e,i, Wss roa(? , Manager of Missner Group Asset Management, L.L.C., an Illinois limited liability company, the Manager of Bowes Road Development, L.L.C., an Illinois limited liability company, personally known to me to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he signed and delivered the foregoing instrument as his free and voluntary act and as the free and voluntary act of said company for the uses and purposes therein set forth. GIVEN under my hand and notarial seal this e day of /' v -06-(-- , 2005. JANA O F F I C I A.[,NOTARYPUSUC. M L : Notary Public APALBA ,_,,: h:r S• : Y COMM1�Sii�t. 4 N\CLIENTS\1427-39\Sale of Bowes Rd\Access Utility Easement Agmt(3).doc 6 EXHIBIT"A" PROPERTY LOT 1 IN BOWES ROAD SUBDIVISION, A RESUBDIVISION OF A PORTION OF THE FOX BLUFF CORPORATE CENTER SUBDIVISION, BEING A SUBDIVISION OF PART OF THE NORTHWEST 1/4 OF SECTION 27, TOWNSHIP 41 NORTH, RANGE 8 EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED AUGUST Imo, 2005 AS DOCUMENT NUMBER 2005K efitiI� , IN KANE COUNTY, ILLINOIS. N\CLIENTS\1427-39\Sale of Bowes Rd\Access Utility Easement Agmt(3).doc 7 EXHIBIT "B" SUBDIVISION PLAT N\CLIENTS\1427-39\Sale of Bowes Rd\Access Utility Easement Agmt(3).doc 8 Resolution No. 05-96 RESOLUTION APPROVING PLAT OF RESUBDIVISION FOR FOX BLUFF CORPORATE CENTER (1135 and 1155 Bowes Road) BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,ILLINOIS,that it hereby approves the final plat prepared by Land Surveying Services Inc. dated February 23,2004 and revised September 28, 2004, October 5, 2004, October 11, 2004 and March 3, 2005 for Fox Bluff Corporate Center. s/Ed Schock Ed Schock, Mayor Presented: March 23, 2005 Adopted: March 23, 2005 Omnibus Vote: Yeas: 6 Nays: 0 Attest: s/Dolonna Mecum Dolonna Mecum, City Clerk