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HomeMy WebLinkAbout2418 • ' i . , 1~38~3 - AGREEMENT, made this 24th day of February, 1970, amorig KIMCO FT. PIERCE, INC., a Florida corporation, (hereinafter called ~ "Kimca"), STAiVDARD OIL COMPANY, a division of Chevron Oil Company, ~ a California corparation, (hereinafter called "Standard"), FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation existing under the laws of the United States of America, (herein- after called "Federal"), and FORT PIERCE INVESTMENTS, a Florida limited partnership, (hereinafter called "FPI"); ' 1 1 W I T N E S S E T H: WHEREAS, Kimco, Standard, Federal and FPI are hereinafter F collectively referred to as the "Interested Parties", and Standard, Federal and FPI are hereinafter collectively referred to as the "Grantors"; and WHEREAS, the Grantors have granted and conveyed to Kimco an easement to constr`uct and maintain s anitary sewer facilities ~ ~ i (the "Facilities") within the "Easement Area", which Easement Area ° ; is located in the area outlined in red on Exhibit "A" attached her~to; . ~ and WHEREAS, the Interested Parties are desirous of setting ~ forth the rights and obligations with respect to the installation and maintenance of the Facilities. i NOW, THEREFORE, for and in consideration of the mutual ~ benefits hereunder and all mutual covenants and conditions con- ~ tained herein, the Interested Parties agree as follows: # ~ A. The cost of the initial installation of the Facilities ~ from the lift station,,-~ncluding that portion that runs across Standard's property to FPI's property line shall be borne equally by Kimco and Standard. ~ B. The cost of the initial installation of the Facilities ~ that run from the point of termination as set forth in Paragraph A ~ - across FPI's land to Kimco's property shall be borne solely by Kimco. ~ - i " f i { B~X~~~ t'~~415 This inetrument was prepared by } ~ Alan Vuernick, attorney at law, ; whose address is 245 Park Avenue, ~ New York, New York 10017.