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542475 PERMANENT WATERLINE EASEMENT BLACKK COVE CONDOMINIUM, L.L.C., an Idaho limited liability company, GRANTOR, owner of real property affected hereby, for value received, do hereby grant the CITY OF MOSCOW, a municipal corporation of the State of Idaho, 206 East Third Street, Moscow, Idaho 83843, GRANTEE, and its agents and assigns, a non-exclusive permanent easement and right-of-way in which to construct and maintain an underground waterline and related appurtenances, including the right to enter upon, occupy and use property located in the City of Moscow, Latah County, Idaho, to wit: A permanent public waterline easement located in Lot 5, Block 2 of Peterson 1st Addition to the City of Moscow, Latah County, Idaho, shown on the attached Exhibit and being more particularly described as follows: EXTERIOR EASEMENT BOUNDARY: Commencing at the Northeast Corner of said Lot 5 and running thence S87°29'02"W 67.94 feet along the north line of said Lot 5; thence leaving said north line, S02°30'58"E 43.21 feet to the TRUE POINT OF BEGINNING for this description; Thence N88°45'20"E 11.00 feet; thence S01 °14'40"E 20.00 feet; thence S88°45'20"W 11.00 feet; thence 801 °14'40"E 28.10 feet; thence S89°16'48"E 29.75 feet; thence S00°43'12"W 10.00 feet; thence N89°16'48"W 29.40 feet; thence 801 °14'40"E 31.04 feet; thence S43°07'11"W 22.82 feet; thence S03°59'54"E 36.65 feet; thence S86°00'06"W 1 0.00 feet; thence N03°59'54"W 27.16 feet; thence S8JC29'02"W 106.04 feet; thence S03°59'54"E 29.90 feet; thence S86°00'06"W 10.00 feet; thence N03°59'54"W 30.16 feet; thence S8JC29'02"W 48.02 feet; thence S03°59'54"E 31.40 feet; thence S86°00'06"W 10.00 feet; thence N03°59'54"W 35.43 feet; thence N55°51 '30"W 47.06 feet; thence N03°17'57"E 44.82 feet; thence N55°00'20"E 22.05 feet; thence N01 °14'40"W 11.33 feet; thence S88°45'20"W 239.91 feet; thence N49°21'50"W 19.49 feet to a point on the southeasterly right-of-way line of Baker Street and the northwesterly line of said Lot 5; thence N53°51 '38"E 20.54 feet along said right-of-way line; thence 849°21 '50"E 7.14 feet; thence N88°45'20"E 281.41 feet; thence N02°30'58"W 15.51 feet; thence N87°29'02"E 10.00 feet; thence S02°30'58"E 15.73 feet; thence N88°45'20"E 116.03 feet; thence N02°30'58"W 18.30 feet; thence N87°29'02"E 1 0.00 feet; thence S02°30'58"E 18.52 feet; thence N88°45'20"E 30.98 feet to the TRUE POINT OF BEGINNING of the description of the exterior boundary of this easement. EXCEPTING THEREFROM the following described parcel to be referred to as the interior boundary of said easement: INTERIOR EASEMENT BOUNDARY: Commencing at the Northeast Corner of said Lot 5 and running thence S87°29'02"W 67.94 feet along the north line of said Lot 5; thence leaving said north line, S02°30'58"E 43.21 feet to the beginning point of the above described exterior WATERLINE EASEMENT Page 1 of 3 ---PAGE BREAK--- easement boundary; thence S43°45'20"W 28.28 feet to the TRUE POINT OF BEGINNING for this description; Thence S01°14'40"E 61.00 feet; thence S43°07'11"W 20.44 feet; thence S87°29'02"W 154.10 feet; thence N55°51 '30"W 35.39 feet; thence N03°17'57"E 20.21 feet; thence N8r29'02"E 57.17 feet; thence N02°30'58"W 1 0.00 feet; thence S87°29'02"W 46.68 feet; thence N55°00'20"E 23.06 feet; thence N01°14'40"W 15.35 feet; thence N88°45'20"E 166.17 feet to the TRUE POINT OF BEGINNING for the description of the interior boundary of this easement. SAID EASEMENT contains 19,296 square feet, more or less. 542475 for the purpose of constructing, operating, maintaining, and repa1nng or replacing underground waterlines, water service lines, water meters, fire hydrants, and other related appurtenances by the City of Moscow or its agents or contractors. GRANTOR, its successors and assigns, reserves the right to improve said easement area as long as such improvement shall not unreasonably interfere with the construction, operation, maintenance, repair and/or reconstruction of the waterline or related appurtenances. GRANTOR agrees that it and its heirs or assigns will not build or place any new encroachment thereon which will unreasonably interfere with the right of GRANTEE. GRANTEE, its agents or transferees, shall have the right to perform any maintenance it may deem necessary or wish to exercise in connection with the aforesaid waterline or related appurtenances (including, but not limited thereto, the right to make necessary repairs, alterations, and removals or replacement thereof). Upon exercising these rights, GRANTEE shall restore the property to its prior condition. GRANTEE is granted the aforementioned rights, together with the rights and privileges of ingress and egress to and from said property for the above stated purposes. It is expressly intended that the rights, burdens and restrictions contained in this Easement shall run with the land and shall bind GRANTOR AND GRANTEE, their heirs and assigns until such time this Easement is vacated by GRANTEE. IN WITNESS WHEREOF, GRANTOR has hereunto set its hand and seal this Lf-" if-. day of {lnv.t'1 GRANTOR: BLACK! COVE CONDOMINIUM, L.L.C. I ' By: QR . Donald M. Blacl