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<br />, ( <br /> <br />N <br />~ <br />~l <br />~ <br />6\ <br />N <br />I <br />iJl <br />~ <br />.In <br /> <br />, ,. <br /> <br />e <br /> <br />e <br /> <br />13. Permitted Exceptions. The easement is granted subject to <br />all matters of record affecting the Drainage Easement Area, to the <br />extent that the same are validly existing and affect such land. <br /> <br />14. Binding Effect. This Agreement is binding upon the <br />heirs, representatives, successors and permitted assigns of the <br />parties hereto and shall run with title to the real property <br />underlying the Drainage Easement Area. <br /> <br />15. Abandonment. In the event Grantee shall cease to use <br />and/or maintain the easement or any of the Drainage Easement Area <br />for a continuous period of one (1) year, Grantor shall first give <br />Grantee written notice of the claimed cessation of use, or default <br />in maintenance, after which the Grantee shall have a further period <br />of ninety (90) days to cure the claimed default. In the event that <br />Grantee fails to cure the claimed default, the rights herein <br />granted shall terminate and the parties hereto shall execute a <br />recordable agreement evidencing such termination and Grantee shall, <br />within thirty (30) days of such termination, release of record the <br />Drainage Easement Area, leaving the portion thereof affected <br />thereby in a good and safe condition. Should Grantee fail to <br />remove its said property from the Easement Area, as herein <br />provided, Grantor may remove the same at Grantee's expense. <br /> <br />Executed to be effective for all purposes as of the 11th day of <br />May, 2004. <br /> <br />GRANTOR: <br /> <br />1011 <br /> <br />PPG INDUSTRIES, INC. <br /> <br /> co i ~ <br /> N <!: <br /> .. ' x <br /> N ~u.... <br /> ....", ex:. ;-" <br /> ::c S\~ d~ <br />i~ a... <br />l!.l \~. >-~ <br />-.... C) "~ ;-0 <br />I..;.... N I Zu <br /> >- ~5!!! <br /> c. ~ u~ <br /> ::c <br /> oC:( <br /> ..,. "'" :J: <br /> 0 <br /> .. <br /> <br />\ <br /> <br />BY:~ <br />Kevin F. Sullivan <br />Vice President <br /> <br />\6 <br /> <br />GRANTEE: <br /> <br />CITY OF LA PORTE <br /> <br /> <br />By: <br />Name. <br />Title: <br /> <br />Page 5 of 6 <br />