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<br /> I' - - - - - - - - ~ - . ~ ~-' <br /> 4(" <br /> I <br /> t' S. This Agreement, and the Easement granted hereunder shall terminate immediately upon <br /> the extension of 14tll Street southeasterly from its current point of termination to the <br /> northwesterly boundary of the Vaughn property. The Vaughns agree to execute any documents <br /> I necessary to confirm of record termination of such Easement. <br /> 6. Nothing contained in this Agreement shall be construed or be deemed to constitute a <br /> I dedication, express or implied, of any pan of the Easement Area to or for any public use <br /> whatsoever. <br /> I 7. The parties hereto each represent and warrant to the other that the execution, delivery and <br /> performance of this Agreement has been duly authorized by all necessary corporate or partnership <br /> action on its part. <br /> I 8. The terms, conditions, covenants and Easements herein shall run with the land affected <br /> and shall be binding upon all patties hereto and all patties or entities claiming under them in <br /> I perpetuity. <br /> 9. This Agreement is the full and complete agreement of the panies hereto and all previous <br /> I agreements are incorporated herein. <br /> 10. amendment, modification or waiver of any condition, provision or term of this Agreement <br /> Ie shall be valid or of any effect unless made in writing, signed by the parties to be bound. <br /> 11. Any provision of this Agreement which is prohibited or unenforceable shall be ineffective <br /> I to the extent of such prohibition or unenforceability without invalidating the remaining provisions <br /> hereof. <br /> I IN WITNESS WHEREOF, the foregoing Agreement has been executed as of the day and year <br /> first above written. <br /> I WELSH DEVELOPMENT COMPANY. <br /> LLC . <br /> I By: <br /> Its: <br /> I Vaughn <br /> I Vaughn <br /> I <br /> .- 2 <br /> I <br />