HomeMy WebLinkAboutApplication APPLICANT 3/8/2023 (2)F
606LGL
I,
AM;
CONSTRUCTION, OPERATION
AND
RECIPROCAL EASEMENT AGREEMENT
GATEWAY MALL
SPRINGFIELD. OREGON
IDS, y
(�-F Ati%, 1064L61
188 373
1884`9
Y,R83NAR.13'90NOIFEC 110.00
ZR MP.I3'90NDIP-UMD 10.00
74_N�.:390110106t FUND 20.00
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Description: L.,OR Document - Year.WCID f-1993] 1990.11883 Page: 1 of 155
Order: v Comment:
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DeacriptL : Laase,OR Document - Y .IbC1D f-1993] 1990.11883 Pager: 2 of 255
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606LGL
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9onW
JABLE OF CONTENTS
`.
ALt1tLe
EM
... P
I
DEFINITIONS. ...... ..
. 2
A.
Accounting Period
2
a14
B.
Allocable Share .. ..
3
.r
C.
Automobile Parking Are, . . . .
3
D.
Carron Area . . . . ..
3
-
E.
Common Area Maintenance Coat
A
F.
Common Building Component
5
n
G.
Court . . .. .. ..
6
H.
Developer Improvements. . . . . . . ..
. 6
I.
Developer Mall Stores • ... . . ..
6
J.
Developer Non -Mall Building Areas . ..... .
6
!<
K.
Developer Non -Nall Stores . . ... . . .
. 6
L.
Enclosed Mall
6
M.
Enclosed Mall operation and Maintenance Expense
6
N.
Floor Area.. . . . . . . .
7
0.
Initial Planned Floor Area . . . . . . . . . . ..
. 9
P.
Majors. . . . . .. . .. . . .
. 99
x
Q.
Mortgagee and Mortgage
R.
Occupant . .. .... . .. .. . ...
9
S.
Operate, Operating. Operation .... . . . . .
T.
Part, .. .. ... ..
. 10
U.
Perimeter Sidewalks .. ...
le
V.
Permittees ... . .. . . . . . . ...
. le
N.
Person.. .... . . . . . . . . . . . .
. 14
K.
Phase I Development . . . . . . . . . .
le
Y.
Phase II Development.. .. ...
11
Project Architect . . . . ...
. i<
aw
W
Scheduled Opening Date.
15
BB.
Separate Agreements . . .
IS
CC.
Store or Stores . . . . . . . . . ...
. 15
00.
Store Site or Store Slbs . . . . . . . .. ...
15
:d
IF.
Termination Data.
15
'I"P{
FF.
Terms - Developer and Target ...
IS
it
GG.
Tract or Tracts . . . . .. ..
17
n' 4
IE
EASEMENTS .. . .. . .. .. .. .
. ❑
A.
Nonexclusive Casements for Automobile Parking and
Incidents] Uses ..
17
B.
Utilities
is
p
I. Separate Utility Lines
is
a
-
2. Campo Utility Llnea.
IN
3. Location of Easements
19
C.
Constructlon and Encroachment Easements
19
I
D.
..
Redesignation of Areas within Store Sites
20
w
Ifa1��
E.
Dominant and Servient Estates . . . . .
20
F.
Fire and Service Corridor Easements .
20
G.
Prohibition Against Granting Easements . . . .
. 21
I
H.
Easements for Access Roads and Ping Road
21
1
1❑
EXERCISEOF EASEMENTS . . . ..... .. . ..
22
f}
A.
A.
ention for Exercise . . .. ..
Conditions
22
B.
Retion of Footings and Foundations
23
C.
Relocation Costs
23
IV
IMPROVEMENT PUNS . ..
24
::.
A.
Scope of Improvement Plans. . . . . . . ..
24
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60fiLGL
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Article X
D. Schematic. Preliminary and Final Improvement Plans. 25 P-•
1. Schematic improvement Plans .. 25 f
2. Pre l lminary Improvement Plans 25
3. Final Improvement Plans . 2T
C. Add l tlonal Improvement Plans. .. . .. .
D. Changes In Improvement Plans. . . ..
E. Approval and Delivery of Improvement Plans. ..
Description: Lann,OR Document — Y ar. Ibx:1D [-1993] 1990.11883 Paga: 3 of 15�
Ordaz: m9aY Coamnnt:
F. General Design Data for Common Area . . . . .. .
29
G. Enclosed Hall Design and Improvement Plans.
30
H. Enclosed Mall Construction..
31
1. Construction Compatibility. . . . . . .. . . .
33
J. Plans for The Stores. . . . . .. .
33
K. Exercise of Approval Nights . . . . . .. . .
34
L. Entry Into Enclosed Mall . . . . . . . . . . . . .
34
V
CONSTRUCTION OF DEVELOPER IMPROVEMENTS; OPENING DATES
OF DEVELOPER HALL STORES AND ENCLOSED MALL. .. . ....
34
A. Commencement of Construction. . . . . . . .. .
34
B. Manner of Construction. .
34
C. Time for Completion of Developer Mail Stores
and Enclosed Mail .
35
0. Time for teasing and Opening of Developer Mall
Stores. Sears Store, and Enclosed Mall
35
E. Phase IT Development. . . . . . . . . . . .
35
vi
CONSTRUCTION OF COMM IMPROVEMENT MORE ... . ... .. .
30
A. Scope of Cocoon Improvement Mork. . . . . .. .
38
1. Preliminary Development of Site . .. . . . . . .
38
2. Improvement of Carron Area.
39
U. Construction of Common Improvement Work
40
C. Scheduling and Completion of Carron Improvement Work.
40
1. Schedule . . . . . . . . . . . . .
40
2. Completion. .
40
0. Design and Construction of Peri mater Sidewalks,
40
1. Design. ... ...
40
2. Construction. . . ... . .. . . .. .
41
E. Separation of Work.
4)
F. Construction Communication. . . . . . . ..
41
V1T
CONSTRUCTION OF MAJORS' STORES: OPENT% DATES .. . .
41
A. Construction. . . . .
41
B. Opening Dates of Majors
42
VIII
FLUOR AREA, USE, OPERATION, SIZE AM HEIGHT . .. . ...
42
A. Floor Area. . . . . . . . . . ..
42
F. Heights and Locations . . . .
4444
C. Uses. . . .
D. Prohlbitio".
44
E. Non -Interference wl th Common Area . . . . . .
45
F. Kiosks. . . . . .
46
G. Fences and Other Obstructions . . . .. . . . . .. . .
46
H. Common Area Changes . . . . .. . . . . . . ..
46
IA
GENERAL CONSTRUCTION REQUIREMENTS . . . .. .. . . ..
46
A. Interference By Construction.. . . .. . . . . .
46
B. Construction Rarrlcades
41
C. Construction Staging Areas and Schedule . . . . . .
47
0. Workmanship . • • • • • • • . . . . . ..
48
E. Coordination. . . . . . . . .. . .
48
Description: Lann,OR Document — Y ar. Ibx:1D [-1993] 1990.11883 Paga: 3 of 15�
Ordaz: m9aY Coamnnt:
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Deacription: Lassa, OR Docssmnnt Y - .Ibr:ID [-1993] 1990.11883 Pager: 4 f 155
Order: srgmq Commaent:
606LGL
5011889
�^
Article
raga
F. Mechanic's Liens. . .. . . . . . . . . .
. 49
G. Con s traction Indemnities . .. ..
49
e �.t
,v
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OPERATION AND MAINTENANCE ENCLOSED MALL AND
n7W�
OTAREA . . ... .. . ..
... .
. SO
A. Enclosedosed H Mall - Standards . . .
Enc
50
✓, 1
8. Common Area ng Enclosed Mall -Standards . . .
. 51
C. Automobile Parkln9 Redo autl Standards
Parking
52
�.
D. Indemnity • •
53
E. Parking . .
y{
Coonan Area Maintenance Cost . ..
F. Payment of Coleman A
. 54
( [
G. Budget . .
59
•r
2
N. Audit .. . . . . . . . . . . .. ... . . .
. 56
f ^e
t. lake -Over of Maintenance . ..
56
J. Mithdraval of Tract
50
K. Right of Major to Reappoint Developer . . . . .
59
L. Perimeter Sldevalk.. . . . . .. . . . . . . . . . .
60
MI
INDEMNIFICATION AND PUBLIC LIABILITY INSURANCE.... ..
. 61
A. Indemnity - Common Area . . . . . . . .. . .
. 61
aB.
Indemnity - Treats . . . .. . . . . . . .. . . .
61
C. Coumen Area Liability Insurance . . . . . . . .
. 62
0. Parties' Liability Insurance - Store. . . . . . . . .
. 62
I�i„fyp�.
E. Blanket Insurance and Self -Insurance. . . . .. . . .
63
l"•
%lI
CAWLFF INSURANCE .... .. .. . .. . .. . .... .
. 63
A. Developer Improvements. . . . .. . . .
. 63
B. Stores of Major . . . . . . . . . . . . . . . .
. 64
C. Blanket Insurance and Self Insurance. .. . .
. . 64
D. Release and Matver of Smlen .. .. .
65
a
Intentionally Omitted ....
Insurance Trustee .. ..
66
4�
MIT
COVENANTS AS TO REPAIR, MAINTENANCE, ALTERATIONS
1
AND RESTORATION .. . . ... .. ... .
67
A. Maintenance . .. .
. . 67
B. Restoration of Common Area. . . ..
. 67
Restoration of Developer Improvements
68
D. Restoration of Stores of Majors . .
69
E. Standards of Construction
70
F. Licenses For Reconstruction Use of Coempn Area
for Construction.
]1
�z7 rr
G. Clearing of Premises.
72
N. Common Sul idlnq Components . . .
72
layi(
E. Liability of Mortgagee. . . . . . .
70
b'-
NIV
EXCULPATION ........................
75
All
EXCUSE FOR XON -PERFORMANCE .. . ... . . .. . . ..
76
`s
XVI
CONDENSATION. . .. . .. . . .. . . .
. 77
A. Determination of Award. .
77
B. OIs t rlbution of Proceeds of Award . . . .
77
C. Unresolved Issues
Bo
D. Taking of Automoblie Parking Area
80
E. Partial Taking of Floor Area or
Automobile Parking Area
81
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Deacription: Lassa, OR Docssmnnt Y - .Ibr:ID [-1993] 1990.11883 Pager: 4 f 155
Order: srgmq Commaent:
606LGL
9rticle
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Description: Lane, OR Document - Year. Zk,c D f-1993] 1990.11883 Page: 5 of 155
Ozder: *'g'•'g Comment:
E. mortgage, Participation . . . . . . . . . . . .
81
G. Extent of Reconstruction . . . . .. . . . . . .. .
. . 81
N. Inverse Condemnation. . . . . . . . . . .
81
1. Termination of Benefits . . . . . . . . . . . . .
. 81
XVII
CORRECTION OF SITE DESCRIPTIONS, DESCRIPTIONS
OF EASEMENTS . . .. . ..... ... . .. .. . . .
.. 82
will
SIGNS .. .... ..... . ...... ...
83
A. Sign Criteria . .. . . . . . .. . . . . . . . .
83
B. Approvals . . . . .. . . . . . . . . . .
. . 83
C. Identification Sty's ... . . . . . . . . . . .. .
.. 03
XIX
RULES AND REGULATIONS . ... .. . . . . . . .. ...
.. 84
XX
COVENANTS OF DEVELOPER . .. . .. .... .. . ...
... 64
A. Standards . . .. . . . . . . ..
... 84
B. Nahayyenent Criteria . . . . . . . ..
. .. 84
C. Ban,f its to Na ors. . . . .. . . . .
. . . Be
0. Covenants Running With the Land . . . . . . ..
66
E. Dominant and SarvloAt Estates
.. 87
F. Mutuality of Covenants. ..
87
XXI
CDVEMARTS OF MAJORS .. .. .. .. . .. ......
.. 87
A. Operation Covenants .. . . . . . . . . .. ..
. 87
1. Target Covenant .. . . .. . . . . . ..
. 87
0. Release fret 04H9111005. . . . . . . . .
88
C. Subordlnatl on to Lien . . . . . . . . . .
92
D. Benefits to Other Parties . . . . . . .
. . . 93
E. Covenants Running With the Land . . . . . . . . .
. . 93
F. Dominant and Sarvlant Estates
93
G. Mutuality of Covenants. . . . . . . . . . . .
. . . 94
XXII
TAXES AND ASSESSMENTS . .. ... . . . .. ... ....
. 94
A. Payment .. . .. . . . . . . . ..
P. Contest . . . . . . .
. . . 94
C. ton-Paymont of leans by a Party .
94
D. Assessment SeneflNng Shopping Center . . . . . .
. . . 95
XXill
ARBITRATION . .. . . . . . . . . .
. .. 95
A. Disputes Covered. . .. . . . .
. . 95
B. Procedures.
95
XXIV
ATTORNEY'S FEES . . . . .... . . . . .. . . . . ..
.. 96
XXV
NOTICES ... . ..... . . . . .. . . . .. ...
97
A. Notices to Parties. . .
97
0. Mortgagee Notice and Right to Lura. . . . . ..
.. 90
awl
AMEMRIENT . . . . . . . . .
98
A. Method of Amendment
98
B. Wo Third Party Bvmficiary. . . . . . . . . .
. .. 99
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Description: Lane, OR Document - Year. Zk,c D f-1993] 1990.11883 Page: 5 of 155
Ozder: *'g'•'g Comment:
a
606LGL
5011883
Article
EM
MRYII TERMINATION OF REA.. .. . .. .. .. ...... ....
99
100111I UTILITY INSTALLATIONS ....... ... . . .. . ..
.. IOD
XXIM MISCELLANEOUS .. . . .. .. . ..
.. 101
101
A. Breach Shall Not Defeat Mortgage. . . .. . ..
..
B. Breach Shall Not Permit Terminattcn. . . . • • •
• ' 101
C. Captions. . .. . .. . .. .. .. . . . .. . ..
.. 101
0. consent . . . . . .. ..
.. 101
E. Estoppel Certificate.
101
F. Exercise of Approval R19hts .. ..
. .. 103
G. Governing Laws. ..
103
N. In]unct lye and Declaratory Re1bf ..
.. 103
1. No Partnership. . . . . ..
... 107
J. Not a Public Dedication . . . .
K. Payment on Default. . . . . . . .. ..
. . . 103
L. Intentionally Omitted . . . . . . . . . . .. .
. • •
M. Release . . .. . . . . . . .. ..
. . . 10a
N. Severability. . . . .. .. ..
. . 106
0, Covenants Run With the Land; SYCCISSOIS . • . .
' ' 106
P. Tl me or Essence . . . . ..
106
Q. Waiver Of Deflult . . . . . . . . . . . . .. ..
. . 106
R. Entire Agreement. . . . .. .... . .. ..
. . 107
S. Index Adjustment. . .. .. ..
. . . 107
I. Counterparts. . . . . . .. ..
.. 108
SIGNATURES . .... . .. . . . ... . . . . .. ..
.. . 109
NOTARIES
EXHIBIT 'A' - LEGAL DESCRIPTIONS
Part 1 - Developer Tnct
Partl- target Tracy
,artIII - Shopping Center Site
EXHIBIT •B• - PLOT PLAN
EXHIBIT 'C' - INM[MUM BUILDING HEMITS
EXHIBIT 'D' - SIGN CRITERIA
EXHIBIT 'E" - RULES AND REGULATIONS
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Deacription: L.,OR Document - Year. Tbc11) f-1993] 1990.11883 Pager: 6 of 155 -- _-
Order: rrg Coamrent:
604LGL
L
Description: Larse,OR Dedcuannt -
9011883
^'
CONSTRUCTION, OPERATION AND
] of 155 - - --
RECIPROCAL EASEMENT AGREEMENT
THIS CONSTRUCTION, OPERATION AND RECIPROCAL EASEMENT AGREEMENT (the "REA'O
s :.
Is made and entered Into as of the,_ day of t_. 1&',by
.�
k
and between the following entitles:
far
GATEWAY WALL LIMITED PPRIXERSNIP, a South Dakota limited partnership In
which General Growth Partners. Inc.. a Delaware corporation, Is the
general partner ("Developet"), and DAYTON HUDSON CORPORATION, a
"
Minnesota corporation ("Target").
4's
HIT NESS E]�;
sv
WHEREAS, Developer is the owner of a certain tract of land located In the
City of Springfield, County of Laos, Stab of Oregon, which tract is described
In Part i of Exhibit A, and shown upon the plot plan attached hereto is
ti
Exhibit 0 ("Developer Tract-); and
�il;+:
WHEREAS, Target Is the owner of a certain tract Of land located In tta
f I
ff?
City of Springfield, County of Lane, State of Oregon, watch tract Is described
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In Part II of Exhibit A and shown on Exhibit B ("Target Tract-); and
WHEREAS, the Parties hereto desire to make an integrated use of, and to
,91{1
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develop and improve, the Tracts designated as the Developer Tract and the
Target Tract, (hereinafter collectively oiled the "Shopping Center Site" and
'?xx•"
described In Part III of Exhibit A); and
,p F;
WHEREAS, the Parties desire to develop and improve the Shopping Center
TSL'
Site as a regional shopping center (hereinafter called the "Center" or the
14+1
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"Shopping Lent¢r'O as a Dart of agent Cal plan for the beneficial use Of tM1e
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Tracts of all of the Parties; and
r; i.
WHEREAS. Target desires to cause to be constructed and thereafter t0
Operate. or cause to be Operated, as a part of the Canle', z retail iRttiay,
as hereinafter provided, (hereinafter called the "Target Store"). bL ter
located on a portion of the Target Tract, whkh portion, sometimes hmainafter
called the "Target Store Site", is shown on Exhibit D; and
LWHEREAS,
Developer desires to cause to be constructed and thereafter to
Operate. or cause to be Operated, as a part of the Center, one or Wore
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Description: Larse,OR Dedcuannt -
Year. Doc11) f-1993]
1990.11883
Page:
] of 155 - - --
Order: rrgeg CoaeLent:
B04LGL
soiise3
i ARTICLE I
DETSNIIIDN$
As used hereinafter in this REA, the following terms shall have the
following respective meanings:
A. ACCOUNTING PERIM, The term "Accounting Period" means any period
commencing January 1 and ending on the next following December 31, except that
1 the first Accounting Period shall commence as to each Party, on a date thirty
t.... (30) days prior to the earlier of (1) with respect to Developer, Its
respective Scheduled Opening Data. and with respect to Target, the date
L. "2-
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Deacription: Laare,CR Document — Issar.I)oc1) f-1993] 1990.11883 Page: 8 of 155
Order: rrgwq Colossa t:
vi', '.'.
buildings as hereinafter provided, for retail and related occupancies, In the
f,
Sears Stare, the Phase I Development, the Phase II Development, if built, and
the Developer Non -Mall Building Areas, as shown on Exhibit B, to be located on
portions of the Developer Tract, which Portions are sometimes hereinafter
collect v.ly caned the "DBy014P¢r Store Site", as shown on Exhlblt B; and
g=,d
WHEREAS. Developer desires to cause to be constructed and thereafter t0
?
operate, or cause to be Operated, as Dar[ of the Center, the Enclosed Nall, as
"Yn b0S,
shown on Exhibit B; and
Od
3„'x
WHEREAS, Developer Is leasing portions o4 the Dave toper Mall Stoves to
Sears. Roebuck and Co., a New York corporation ("Sears") under a written lease
p
agreement ("Sears Store Lease") and, pursuant to the Sears Lease, desires to
((
cause to be constructed and thereafter to cause to be Operated, as pert of the
u
Collie, retail facilities (hereinafter Called the "SeaYS $tOYe") t0 be located
q
,
as shown on Exhibit B; and
h�
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WHEREAS, Developer and Target each desire to grant to each other Party to
this REA certain easements to. to, over and across the Gammon Area portion of
;'Fy{+
the Developer tract and the Target Tract, respectively; and
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WNE REAS, the Par t l as to this REA de sl re to make Carta In mutual prOV l s l ons
r
for the construction, maintenance and operation of the GpaYIgO Area and other
buildings and improvements upon the Shopplhg Center Site, and to make certain
1f
1
other covenants and agreements for the mutual benefit of the Parties as
hereinafter more specifically set forth:
Jlt'�..
NOH. THEREFORE, In consideration of the Covenants and agreements on the
Dart of each Party to the others, as hereinafter set forth. 11 IS AGREED as
Follows:
i ARTICLE I
DETSNIIIDN$
As used hereinafter in this REA, the following terms shall have the
following respective meanings:
A. ACCOUNTING PERIM, The term "Accounting Period" means any period
commencing January 1 and ending on the next following December 31, except that
1 the first Accounting Period shall commence as to each Party, on a date thirty
t.... (30) days prior to the earlier of (1) with respect to Developer, Its
respective Scheduled Opening Data. and with respect to Target, the date
L. "2-
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Deacription: Laare,CR Document — Issar.I)oc1) f-1993] 1990.11883 Page: 8 of 155
Order: rrgwq Colossa t:
L ., OR Docurent — Year. Doc1D f-1993] 1990.11883 Pager: 9 of 155 - - - -'---"-
Order: rrgvg Constant:
604LGL
SU11e83
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required to first open for business In Its Store pursuant to Section B of
ra`m.l
Article VII, or lIU the Oats each Party opens Its respective Stora for
business, and shall end on and Include the next following December 31. Any
"
e
portion or portions of the Common Area Maintenance Cost relating to a period
a
of time only part of which is included within the first Accounting Period Or
i
the last Accounting Period o9 a Party shall be prorated on a daily bails with
to Party. Except as to those other services referred to in the
r#
1
respect such
Period a
Second paragraph of Section 3 of Article X, the last Accounting of
cii,�
Party shall end on the last day that such Party shall have the Common Area on
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tt St;
Its Tract maintained by Developer.
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+ q
B. ALLOCABLE SNARE. The term "Allocable Share" moans (it as t0 each
> '
Major, teat part of the Common Area Maintenance Cost to be paid by each Major
J.
X11
for each Accounting Period under any Separate Agreement, and (it) as to
1
Developer, all Of the Commun Area Maintenance Cost which IS not the obligation
m
y3q
4 $
of the Main rs pursuant to the respective Separate Agreements.
mel'
C. AVigsOBI LE PARKING AREA. The farm "Autarobll• Parking Area- All all
C
araM
those portions of the Common Ana used for the perking Of tutor vehicles,
fM,l'
Including Ring ROed s, Acta ss AOatlt, Incidental And interior roadways,
pedestrtan stairways, walkways, curbs and landscaping within or adjacent to
h
Areas used for parking of motor vehicles, together with all Improvements to
t,.
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the Common Area which at any time are erected thereon. subject to the
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provisions of Section 0 of Article 11, Such areas shall not include truck
$*
ramps and loading and delivery areas.
0. COMMON AREA. The term "Common Area" meant all areas within the
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exterior boundarles cf the Shopping Center Site which are made available as
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herelnafter provided for the general use, convenience and benefit of the
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Parties and all Occupants and Permittees.
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5'uph Caston Area shall Include, but not be limited to, common utility
f
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tines and systems; Autanoblle Parking Area, at nes roads, Ort veway s; walkways
,
4, y t')
and sldowalks; malls, Including the Enclosed Nail; rest roam, not located
5
within the premises of any Occupant, emergency exit corridors not located
within the prtmisus of any Occupant; employee parklnq areas located outside
11
1...
the Shopping Center Site as may be approved by the Parties; and a Canter
�
-management office; and Comrgn Area equipment sheds. the Common Area shall
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L ., OR Docurent — Year. Doc1D f-1993] 1990.11883 Pager: 9 of 155 - - - -'---"-
Order: rrgvg Constant:
606LOL
901188g
Include, but not be limited to, all items of Common Area shown on Exhibit B.
Common Area shall not Include Developer Non -Mall Building Areas, truck
.,4°r.'.
. dock parking, turn -around and dock areas, the depressed portions of truck
ramps serving any Store, or emergency exit corridors or stairs contained
,w within any area exclusively appropriated for the use of any single Occupant or
any Floor Area,
E. COMMON AREA MAINTENANCE COST. The term "Comma Area Maintenance Cost"
= means the total of all moneys paid out during an Accounting Period by Developer
1r�}i for reasonable costs and expenses directly relating to the maintenance, repair,
I
Operation end nanegement of the Common Area, as provided in Article X excluding
a (1) all costs and expenses In respect of the Enclosed Mall, Includln9, without
1l mitation, any Enclosed Mall Operation and Maintenance Expense, (II) expenses
I
related to Automobile Perking Mea constructed pursuant to Section A of Article
'hn VIII, If any, end (lit) real property taxes and aSsessmel Canadian Area
r Maintenance Cost shall also include (1) all cost of small tools and supplies;
At (It) all acquisition colts and rental charges of maintenance equipment, which
pr a� acquisition Costs and aggregate rental costs and charges under a rental
,,e p agreement If In excess of had Thousand Dollars (810,000.00) On 1989 Dollen]
r{asst for any single Item of maintenance equipment In any One Accounting Period or
v�'"� 1f In excess of Twenty thousand Dollars ($10,000.00) [In 1989 Dollars) In the
aggregate during any one Accounting Period, must have been approved by the
Parties participating tberelni (111) policing, security protection, supervision
"frn1J! patrol, traffic direction, control and regulation of Automobile Parking Area
$$if
—`a�?._:i (provided that not Imre than forty percent (60X) of all Costs pertaining to
111"C such policing, security, dlrectlon, control and regulation in all of the Common
Areas shall be charged to Common ,tree Maintenance Cost); 00 all costs of
cleaning and removal of ruhblsh, dirt and debris therefrom; (v) the cost of
landscape natntenance and suDPll es for common Area Including PArlrtnter
Sidewalks; (yl) all charges for utilities services utilized In connection with
Common Area together with all costs of meintaleing lighting fixtures In the
Coaucon Area; 011) all premiums for public liability and property damage
I .... ance required Aa' be <a rled by Developer under the P... Wong of Article
L` PI rov a l ng the C.cemrn Area, but exa I no ing any premiums attrI bvtable to the
Enclosed Mall; and (Vill) in (leu of any other charge for Indlvldual costs
such as overhead or for profit or supervision fees, adminlstrative. accounting,
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legal or other costs not directly expended for the maintenance and operation
of the Common Area (except that twenty percent (201) of the annual salary of
the Shopping Center Manager may be charged to Common Area Maintenance cost).
in allowance to Developer for supervision as and to the extent established by
each Major's Separate Agreement with Oevelgper.
No capital Improvements to or upon or replacement of the Common Area shall
be mado without the prior written approval of all Parties participating
therein; provided, however, there nay be expended for replacement of Capital
Improvements (subject to the provisions of Section B of Article XIII) in any
one Accounting Period an aggregate sum of not to exceed fifteen Thousand
Dollars ($15.000.00) It, 1988 Dullard without prior approval Of such Parties.
The salvage value of any capital item, which was Included In Common Area
Maintenance Cost, disposed of by Developer shall be credited against the Common
Area Maintenance Cost, or If a Major has withdrawn its Tract pursuant to
Section N of Article X, Shall be repaid to such Major if such Major had
previously contributed to the cost thereof. Depreclatlon and any investment
tax credit applicable to all capitol expenditures shall be allocated to all
Parties as provided to the respective Separate Agreements. Mo actual capital
expenditure shall be Included In ComMn Area Maintenance Cost If the
amortization of such capital expenditure has been or is to be Included In
ConxmOn Area Maintenance Cost,
It Is expressly understood that there are Separate Agreements between
Developer and each Major with respect to Allocable Share and Ccmrmn Area
Maintenance Cost and In the event of any conflict between the obligations of A
Major as set forth in this REA and as set forth In such Separate Agreement, as
between the Developer and such Major, the provisions of the Separate Agreement
shall control.
Nothing in this Section E shall be deemed to preclude any additional Or
different charges being made pursuant to any lease or other agreement between
Developer and any Occupant.
F. COMMON BUILDING COMPONENT. The term 'COPAlpb building COPPonent" means
any single improvement or Portion thereof, including, hat not oecefsarliy
LIsnited to, the Enclosed Mall structure, which Is located partly on the Tract
of one Party and partly on the Tract of another Party.
-5-
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G. COURT. The term "Court" nmans those areas within the Enclosed Mall
abutting the Store of each Major as shown on and so designated on Exhibit B.
H. DEVELOPER IMPROVEMENTS. The term "Developer Improvements" means the
Developer Mall Stores. the Sears Store, the Enclosed Mall, the Phase II
Development, if built, and Developer Non -Mali Stores, If built, as the same
may exist from time to time Including any replacements thereof.
I. DEVELOPER MALL STORES. The term "Developer Mall Stores" means the
buildings, as the same may exist from time to time Including any replacements
thereof, located on the Developer Tract fronting on, abutting or adjoining the
Enclosed Mall and which are shown as Buildings f, G. H. 1, J, A. L, H and the
Vrlwo
Sears building on Exhibit B.
i
J. DEVELOPER NON -MALL BUILDING AREAS. The tern "Developer Non -1411
"
Building Areas" means those portions OF the Developer Tract which do not abut
� klji
the "closed Mall and which are designated on Exhibit 8 u Non -Mali Building
i
Areas 7, R, 3, A, and B. Each Non -Mall Building Ara may accomads to one or
more Non -Nall Buildings of an aggregate fl nor Area, all as further designated
"1
on Exhibit B.
pl'
K. DEVELOPER NON -MALL STORES. TM1e term -Developer Non -Nall Stores' means
the buildings, If built, to be constructed in the future, as the same may
,^s'r...
J
exist from time to time Including any replacement thereof, located on the
Developer Non -Nall Building Areas shown on Exhibit D.
4'l
'
L. ENCLOSED MALL. The term "Enclosed Nall" means the portion Or portions
r"
57`
of the malls located In the Center which are to be constructed so that
climatic control may be provided therein and/or which are actually enclosed by
".
S
walls and calling, and which are designated at Such on Exhibit B, as the same
Ns�
may exist from time to if AS. including any replacements or extensions thereof.
M. ENCLOSED MALL OPERATION AND MRINTEXAXCE EXPENSE. the term "Enclosed
YI
Mall Operation and Maintenance Expense" means the total mon les paid out In an
Accounting Period in connection with the Enclosed Mall, including res trooms.
emergency exit corridors and stairs within the Developer Improvements which
are Common Area, for the maintenance, repair, management and Operation of the
Enclosed Mall. It Is expressly understood that there are Separate Agreements
I
1�
between Developer and each Major relating to the Enclosed Mail Operation and
Hatntenance Expense and In the event of any conflict between the obligations
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604LOL
9011883
of a Major as set forth In this REA and as set forth In such Separate
X
Agreement, as between Developer and such Major, the provisions of the Separate9,
Agreement shall control.
N. FLOOR AREA. The term "Fluor Ara." means the aggregate of (I) the
actual number of square feet of floor space In any building located on the
Shopping Center Sita, including basement space, subterranean areas, balcony"{
and mezzanine space contained within the exterior facade or exterior line of
ii
the exterior tlall$ (including basement wails). except party and Interior common
"a0.
r
a`
wails as to which the center thereof instead of the exterior faces thereof}
shall be used; plus (11) the actual number of square feet of any outdoor area
appropriated for use by an Occupant to display and/or sell merchandise as
6,
permitted In Article will.
i
The term "Floor Area" shall not Include the follONing:
I. The upper levels of any mu )ti -deck stock areas created for
k-�(
v "ti
convenience to Increase the usability of space for stock purposes;
e
2. Mezzanines used for stock, storage or office purposes;
I'Lne
"I
3. Areas which are used exclusively to house mechael"I (Including
meehani al penthouses). electrical (Including electrical equipment to
operate equlpmi telephone, NVAC and other building
�S
polet-of-sale
operating equipment, and computer roams housing equipment to operate
t
point-of-sale terminals Occluding a computer data room), and trash
compacting and hal log roans, whether physically separated or whether
a�
otherwise required by building codes.
dr
4, Any Common Area;
5. Any (1) Center management Office other than any portion used
primarily for leasing purposes. 01) Marketing or Promotional Fund offices
and/or (111) community hall, prellded that the sum of (i) and (11) shall
n"L,` :•
no[ exceed an aggregate of four thousand (0.,000) square feet and the sum
.�
of U), (ti) and (11U shall not exceed an aggregate of five thousand
(5,000) square feet;
6. Emergency exit corridors or stairs between fire resistant walls
required by building codes; provided, however, If any such ems rgency exit
"'
corridors or stairs contained wIthln the Store of any Major shall exceed
p
ten feet (10') In width, the square footage 1n excess of ten feet 001) in
9
_,_
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buiss9
width shall be included In such Na1or'S floor Area.
g. All truck loading areas, truck dock parking, turn -around and dock
areas and ramps and approaches to such truck loading areas, truck dock
fT 1-f parking, turn -around and dock areas: and
s. g, A United States post office not exceeding one thousand (1,000)
square feet provided that the rental for such area does not exceed
51,000.00 [In 1989 Dollars) per year.
�
we deduction shall be made frau Floor Area coaput0d under the foregoing
definition by re p:'M of Interior columns. Stairs. escalators, elevators,
v�dumpwal tars, conveyors or other Interior construction or opal pment within the
�
I F�v�', building involved. except as provided In Paragraphs I through 7 above.
Ali After the completion and opening of the respective Stores of each Party,
In ? each Party shall, at its sole cost and expense, cause Its architect to make a
I�esni tl0te rminatlon as to the numb0r Of square feet Of Floor Area contained within
y 50theStore of each such Party. Such determination shall be completed and
11 furnished to each other Party not later than one hundred and twenty (120) days
following the date on which the Store of each such Party first opens for
business. in lieu of such determination by a Party's architect. any Party may
eelect to furnish to it. other parties a written certification of Its Floor
Area. Such ur tlfitatlon by a Party shall be furnished within the time period
I
+ above provl tled. Any dispute arl si ng from such determination or tack Vtcatl on
Yh
mss''. Shall be resolved by arbitration as provided for In Article %XIII. In the
`I
,.i event such determination of Floor Area by the Party's architect or
1 it certification by a Party (Including as the same may be determined by
bl
arbitration) shows that any Party has constructed Floor Area in excess Of its
d Initial Planned Floor Area and provided such axle ss does not require such
Party to construct additional Automobile Parking Arca Pursuant to Section A of
i" Article Vill. the initial Planned Floor Area of any such Party shall be deemed
;'. amended and Increased to an amount equal to the fluor Area actually
constructed by such Party. Notwithstanding anything to the contrary contained
In this PEA, Luring the period of any damage, destrultlon, razing, rebullding,
1 repalring, replacement 0, reconstruction to, on or of any building In the
` Center, the Fl oar Area of such building shall be deemed to be the same as the
Fl eor Area of Such building Immediately prior to such period. and upon the
-a-
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63
comple
tion of the rebuilding, repairing. replacement or reconstruction of such
S
bulldi
AS, the architect of such Party shall make a new determination or such
l._
Party
shall furnish a new certification of Floor Area for such Wilding as
pro,id
ed In the foregoing provisions of this Section I -M.
♦ �i
0.
INITIAL PLANNED FLOOR AREA. The term "Initial Planned Floor Area"
means
the Floor Area which each Party hes designated as the amount of Floor
}
Ared I
a anticipates constructing on its tract, as provided 1n Section A o1
Articl
Is Vill hereof, and which amount of Floor Are, has been utilized in this
REA ft
)r purposes of determining the extent of Carron Area and Automobile
'
Phial,
tg Area required for the Shopping Center as provided in Section C of
h
Attic
Ne X.
g;
P
MAJORS. The ler. "Major" or "Majors" refers to Target, and any
Sji ad
succe
ssor which becomes a Party to this Agreement.
may,
Q
MORTGAGEE AND MORTGAGE. The term "Mortgagee" means a mortgagee, or
trust
one and beneficiary Under a Mortgage las hereinafter Wired), and to the
?T{Fw
.,ten
it applicable, a fee owner or lessor or sublessor of any Tract which is
e �
the s
object of a Tense under wM<N any Party becomes a biiee 5n a so-called
v{
"sal,
- and leaseback" or "assignment and subleaseback" transaction. The term
4;+aF1q
"Noll
:gage" means any first mortgage. Indenture of first mortgage, or first
deed
of trust of the Inters st, whether foe or ieasehoi d, of a Party in a tract
*a
and,
to the extent applicable, a "sale and leaiebat k` or "es sl9nment and
foot
)t�
suit,
easebact" transaction as herein contemplated.
R. OCCUPANT. The term 'Occupant" means the Developer, the MnJori, and any
I
u
Pers
on from it,, to time anU tl ed to the use and occupancy of floor Area in
f
y1.u,
the
Center under any lease, deed or other Instrument or arrangement whereunder
"✓,jyj
such
Person has acquired a right to the use and occupancy of any Floor Area.
S. OPERATE, OPERATING, OPERATION. The terms "Operate" or "Operating" or
"Op,
ration" (i) as it respects Stores, moan the respective Store Is open to
the
general public for business during its business hours, or when it is
tem,
)orariiy not so open for business by reason of any provision of Article XV,
Or I
Juring any period of reconstruction pursuant to the provisions of Article
X11
1, or by reason of such reasonable interruptions as may be Incidental to
Lthe
conduct of Its business; and. lis) as respects the Enclosed Mall, mean
the
t the Enclosed Mall Is open to the public during the business hours of the
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Description: Lesson, OR Document - Year. Wc1D f-1993] 1990.11883 Pages: 15t of 155
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IN
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9011883
Majors, or any of them, and for not less than one-half (112) hour before and
one (1) hour after the same are open, and Is properly maintained, heated,
air-conditioned, lighted and ventilated In accordance with this AEA, and that
all services are being performed necessary to operate and maintain said
Enclosed Mall as required by the provisions of Section A of Article X and as
contemplated by the definition of Enclosed Mall Operation and Maintenance
Expense; and (111) as respects all other Common Area, mean that the Common
Area Is available for the uses contemplated herein and is being operated,
managed and maintained In accordance with the requirements of Article X.
For purposes of Section B of Article XX and Section B of XXI only, the
phrase ,temporarily not open for business by reason of any pravislon of
Article XV" as used in this Article shall mean a period of time of no marc
than eighteen (IB) consecutive months.
T. PARTY. The term "Party" means Gateway Mall Limited Partnership, a
South Dakota limited partnership. Dayton Hudson Corporation, a Minnesota
corporation, and any Person succeeding to their respective Interests In or to
any portion of their respective Tracts, except as is otherwise provided In
subparagraphs I, 2, 3 and 4 of this Section.
The exceptions to a successor becoming a Party by reason of any transfer
or conveyance of the whole or any part of the Interest of any Party In and to
such Party's Tract are as follows:
1. While and so long as the transferring Party retains the entire
possessory Interest In the Tract or portion thereof so conveyed by the
terms of a Mortgage. In which event the Party owning such possessory
Interest shall have the status of Party.
2. The transfer or conveyance is followed Iwediately by a leaseback
of the same Tract or portion thereof by such Party. or an affiliate
thereof (a sale and leaseback or assignment and subleaseback). In which
event only the Person entitled as of the time In question to possession of
the Tract shall have the status of Party, so long as the lease In question
has not expired or been terminated.
3. The transfer or conveyance is by way of lease, other than as
provided in subparagraph 2 above.
4. The successor acquires by such transfer or conveyance:
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soiisa3
fes'
(a) Less than all of a Party's Tract or If a Party has ,more than
one Tract, less than all of such Party's Tracts: or
(b) An undivided Interest, such as that of joint tenant, or
tenant in common, In a Party's tract or tracts: or
(c) An undivided Interest, legal or equitable, in the assets of
any Party other than an Individual. which Interest Is not also an
7i
Interest in such Party's Tract or Tracts.
In the CirCumStances described In subparagraph 0, thB Persons holding all
ra T
of the Interests In such Tract or Tracts are to be jointly considered a single
n
Party. in Order that other Parties Shall not be required with respect to said
tract or Tracts to obtain the action or agreement of, or to Proceed against.
"1L,
than one Person In carrying out or enforcing the terms, covenants,
more
.,,•'¢ :
provisions and conditions of this REA, then, In the circumstances described in
31',
subparagraph 4(a) above, the Persons holding the Interest of the Party In and
�31
to not less than seventy percent (10X) of said Tract or Tracts In question
shall designate one of their number as such Party's agent to act on behalf of
M'f1
all of such Persons comprising the Partly, and, in the Circumstances described
in subparagraph 4(b) above, the hol derS of undivided Interests totaling not
less than SIVBmy percent (TOX) Of 211e entire estate Or BSYALei 10 and IO said
Tract or Tracts In question shall designate one of their number as such
AAParty's
agent to act on behalf of all such Parsons. Such Party's agent shall
i
LI.
at all times be a resident of the United States. If any Tract or Tracts is
fr
owned by Persons owning an undivided interest therein under any form of 30int
'r
or common ownership, then In the determination of such seventy percent (Td%)
in interest, each such owner of such undivided Interest shall be deemed to
represent a percentage In Interest of the whole of such Tract ownership equal
P:
to his fractional Interest In such Tract or Tracts. In the circumstances
described in subparagraph 4(U. to wit: if any Tract or Tracts, or portion or
i".
portions thereof, is or are owned by any form of entity or entitles and the
interests of the Persons owning such entity or entities are not Interests In
the Tract or Tracts or portion or Portions thereof (far example, the Interest
Of a beneficiary under a Trust), then the Person owning each such Interest
L`
shall nevertheless be deemed to represent a percentage Interest of the whole
ownership of the Tract or Tracts, or portion or portions thereof, as the Casa
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p,
'
soiiea3
�'
may be, which percen
Sege shall be equal to the fractional Interest of such
iq
kC
Person In the entity
Or entitles. In the ase of a trust established for one
or more life tenants
and one or more remaindermen, the Interests of the life
R
tenants only shall,
for the purposes of this Section 5, be tlaertstl to represent
n.I
m"and
Me entire interest
of the whole ownership of the Tract, his or their
y
tdetermination
hereat
ider shall be final and binding on the trust and all trust
I
beneficiaries. In a
my of the circumstances described In thls subparagraph 4,
W
,
tv
any Interest owned 1
!y any Person who Is a ml nor or is otherwise suffering
under any legal dist
Willy at the timeof such designation shell be
3a
disregarded In the I
waking of such designation unless there is at such time a
-
duly appointed guar:
Ilan or other legal representative fully empowered to act
.
q
on behalf of such P,
arson.
Until such time
as written notice of such designation Is given to each of
n.,
4.
the Parties a
nd Is recorded In the Office of the County Recorder of the
,i g
other
County and State In
MICA said Tract or Tracts are located, and a <oDY thereof
.gar
,
Is served upon each
of the other Parties, In accordance with the requl reeeets
,f
cls
of Section A of Art
icle R%v hereof, the acts of the Party whose Interest is so
P
yy9
divided or ABId In
andlvt tletl Interests (whether or not h0 retains any Interest
I,,
ij1
i"
e e„
,y4y`1
In the Tract or Tra
mets In question) shall be binding upon all Persons having
C
an Interest In sec i<
I tract or tracts in question; provided, however, in the
i
q-
x„t+
following instance!
I all of the other Parties. acting jointly or In the Impure
d-
of such joint actle
m, any other Party at any time may make such designation of
's
t
the Party's agent:
`x
&
(1)
if at any time after any designation of a Party's agent, 14
accordance
with the provisions of this subparagraph 9, there shall for
any reason
be no duly designated Party's agent of whose appointment
Vf
zL
all other
Parties have been notified as herein provided: or
r,
5 '
(1I)
if a Party's agent has not been so designated and such
Iri,l
notice has
not been given within thirty (30 days after any other
nub'
Party shat
i become aware of any change in such Party's ownership of
t
all or any
portion of the Shopping Center; or
i
(It)
If the designation of such Party's agent earlier than the
L
axplratior
i of such thirty (30) day period shall be reasonably
necessary
to enable any other Party to (amply with any of Its
t
4
4
Description: Lane, OR Document — Year. Ibo1D f-1993] 1990.11883 Pager: 1B of
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604LGL
9011889
obligations under this REA or to take any other action which may be
,h. necessary to carry out the purposes of this REA.
/he exercise of any powers and rights of a Party Under this 0.ER by such
Party's agent shall be binding upon all Persons having an Interest In any such
Tract or Tracts owned by such Party. Such Party's agent shall. so long as
qa
>�ll such designation remains In effect. be deemed to be a Party hereunder and the
�b9remaining Persons owning such Tract or Tracts shall be deemed not to be
r1k Parties; but such deslgnatlon shall not relieve any Person from the obligations
created by this REA. The other Parties shall have the right to deal with and
rely upon the acts or caltsioni of such Party's agent In the performance of
this REA.
Any Person designated a Party'% agent pursuant to the provisions of this
subparagraph 0 shall be the agent of his principal t, upon whom service of any
r,y! process, writ, summons, order or other mandate of any nature, of any court, In
}} any action, suit or proceeding arising out of this REA, or any demand for arbl-
kr'
tr atl on may be made, and service upon such Party's agent shall constitute due
and proper service of any such matter upon his prl ncipal. Until a successor
Party's agent has been appointed and notice o/ such appointment has been given
pursuant Co the provl slona of subparagraph 4, the de st gnat t on of a Party's
"or1 agent shall remain Irrevocable.
4".
For purposes of the provisions of this subparagraph 4, a partnership
n (whether general or limited), which acquires either an Interest Ina Tract
F under subparagraphs 4( a) or (bg above or an interest in the assets of a Party
under subparagraph 4(O above, shall be considered a tingle entity or Person,
without regard to any tenancy In partnership or other similar undivided
'rt Interest created in the Tract or Party by virtue of the partnership
relationship. In addition, the other Parties shall have the right to rely on
the acts of the general partner or partners of any such partnership as binding
on the partnership In accordance with applicable law, In the exercise by such
partnership of Its rights and obligations under this subparagraph 4 or as a
Party to this REA, or a member of a Party to this REA.
Upon any transfer, conveyance or reversion of title or Interest which
L' transfer, conveyance or reversion of title or Interest would create a new
Party, pursuant to the terms hereof, then the powers, rights and Interest
elee
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i.
('. herein conferred upon the Party with respect to the Tract so transferred,
conveyed, or reverted, shall be deemed assigned, transferred, conveyed, or
g'
reverted to such transferee, 9rantea, or the holder of the reversionary title
&4,i �. or Interest, and the obligations herein conferred upon the Party with respect
vW to such Tract ihali be Oaemad assumed by such transferee, grantee, or the
holder of the reversionary title or interest, as respects all such obligations
to be performed from and after the date of such assignment, transfer,
J
conveyance or reversion; provided, havever, this paragraph shall have no
p{`
application to a Nort9agee not in possession of a Tract unless such Mortgagee
a Trot In possession expressly accepts and assumes such powers, rights and
Interest in said Tract,
�Y
"
U. PERIMETER 5[OEMtLKS. The term "Perimeter Sidewalks" mans those on a
Party's Tract and adS¢ to the Party's Store between exterior building
Paas and the curb faces. including sidewalks, curbs, landscaping and all
{ other surface Improvements adjacent to the respective buildings OF the
Parties, which shall be designed and constructed as provided In Section D of
*�I Article VI.
ii
V. PERMITTEES. The term "Fermi ttees" means all Occupants and their
respective officers. directors, employees. agents, contractors. customers,
visitors, invitees. licensees, subtenants and concessionaires.
N. PERSON. The word "Person" includes Individuals, partnerships, firms.
assoc l at l ons and corporations, or any other form of bus l nesa or government
Yui
entity, and the use of the sl ugul an shall include the plural.
yA.
rn X. PHASE I DEVELOPMENT, the term "Phase I Development" means that
portion of the Center to be constructed as Phase I as sheen on Sheet I of
Eahiblt B as the "Phase I Development."
;h Y. PHASE II DEVELOPMENT. The term "Phase 11 Development" means that
f" portion of the Center to be constructed as Phase II as shown on Sheet 2 of
Exhibit B as the "Phase II Development."
Z. PROJECT ARCHITECT. The term "Project Architect" means Derwood Goode,
do General Growth of Callfornl a. Inc., 15821 Ventura Boulevard - Suite 525,
Encino, California 91436, or such other architect or architects duty licensed
Lto practice in the State of Oregon, as may Iran time to time be designated by
Developer and approved by the Ma3ors.
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604LGL
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r'
AN. SCHEDULED OPENING DATE. The term "SchxOuletl Opening Date" means,
with respect to Target and Sears October 4, 1989; and with respect to
r Developer, March 14, 1990.
BB. SEPARATE AGREEMENTS. The term "Separate Agreements" means each
i separate agreement entered into simultaneously herewith between each Major and
dot
.g�,.
Developer, wherein Developer and each respective Major have set forth certain
(.4 agreements between Developer antl each Major not set forth herein. In the event
g <
of any conflict between the obligations of a Major as set Ports In 1:515 RE0.
and as sat forth in such Separate Agreement, as between the Developer and such
r Najor only. the provisions of the Separate Agreement shall control. The provi-
.iflr sloes of each Major's Separate Agreement are incorporated into this Agreement
1„s4„ by reference as between the Dave toper antl each such re spactl ve Major as If sat
forth 1n full.
[[. STORE OR STORES. The term "Stare" or "Stores" means the but id in9<5).
i respectively, housing the Target Store, and/or the Sears Store, and/or the
Developer Nall Stores and/or the Developer Non -Mali Stores, and/or the Phrase
rswt
11 Development, 1f built, a$ the content may appropriately require. for
"4
2:w purposes of Article XIII, the term "Stora" or "Stores" shall be deemed to
.ti
Include the respective truck dock Parking. turn- around and dock arses and the
depressed portions o/ truck ramps.
D0. STORE SITE OR STORE SITES. The term "Store Slide Or "Stare 51 [es"
r means the area or areas designated for the location of each Store on [ahlblt B.
IF, TERMINATION DATE. The term "Terminatlon Date" means the date on which
this REA shall terminate, pursuant to the terms and provisions of Article
R
FF. TERNS - DEVELOPER AND TARGET. the terms "Oevelopa r", and 'target",
�r
respectively, means Gateway Mall Limited Partnership, a South Dakota Itml ted
partnership, and Dayton Hudson Corporation, a Minnesota corporation, and their
respe ctl ve successors and assigns as the Party with respect to the Developer
tract and the Target Tract, as the case may be. It being agreed and understood
that such terms, covenants and conditions shall be binding upon and/or
enforceable by and/or agalnst each such Person only with respect to rights and
obligations occurring during the respective time periods In which each such
Person 15 a Party. Notwithstanding anything contained In this REA to the
a
-IS- —1
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Order: w,farg Ccn bst:
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Description: Lann,OR DocraPnnt - Y err. IbclD [-1993] 1990.11883 Paga: 22 of 155
Ordaz,: rngmq eirx nt:
604LGL
Z
soiiee3
I -contrary,
it is expressly understood and agreed that (1) the requirements to
i
,a
Initially construct Improvements pursuant to Section A of Article V. and
°
Articles VI and VII On the part of Developer and Target and of Developer to
lease Floor Area pursuant to Section D of Article V shall be and remain the
respective personal covenants of the Parties obligated thereunder, and no such
`
Parties shall be released from such obligation upon Or by any transfer by such
i
Party of Its Interest in its Track fauch requirements shall additionally he
'lf�'�
covenants running with the land as will as the personal covenants of each such
> w
r
y
Party, and any transferee, successor or assign of such Party shall, DY
va}
IP(p
acquiring a possessory Interest to the Shopping Center to the extent of such
a
Interest, be Jointly and severally responsible along with such Party for the
performance of such covenants) :'"1 (Is) the covenants to Operate pursuant to
L
Article x%1 are covenants running with the land and a personal covenant of
yy^
each respective Party obi lgated thereunder end their Buttes cars by means of
K .;
Edi
merger or consolidation, and no such Party shall be released from any
q �+
,!
obligation under such covenant upon or by any transfer by the Party of its
Interest to its respective Track.
;l
Anything In this Section to the contrary notwithstanding, it IS expressly
3
understood and agreed that (1) the term "Target" for the purposes solely Of
Article %XI, shall mean Dayton Hudson Corporation. a Minnesota corporation,
pp
y:R
r R+'
respectively, or any other corporation which Pay succeed to the operation of:
all or substantially all of the retail department store operations of Such
,
Mayor to the State Of Oregon, or any Corporation which may, as the result of
vt
4:
reorganization, merger, consolidation or sale of stock or assets, succeed to
[.
such business to the state of Oregon, and (11) each respective Major shall ber
t.
released from all future obligations under this REA if such Major transfers
pa .
Its Interest in Its Tract to a Person who acquires all or substantially all of
the assets of such major in the state o4 Oregon and at least seventy-five
js{
percent (75Y) of its stores operating in regional shopping centers to Oregon
under the respective trade names set forth In Section A of Article AXI, and
i S
which, by written Instrument In recordable form, expressly assumes all of such
a.
Major's obligations hereunder thereafter accruing; provided. however, that as
Lto
Dayton Hudson Corporation, reference to its business, assets or stores
shall mean and Include only those PP the Target Stores oivlslon of Dayton
y
L
6-
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Description: Lann,OR DocraPnnt - Y err. IbclD [-1993] 1990.11883 Paga: 22 of 155
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604LGL
9011889
Hudson Corporation. If such Instrument pertains to a transfer that occurs
during the period that the Operating covenant of the Mayor in question
provided by Article XXI remains In effect, it shall Include, among other
matters, an express undertaking by such transferee Person as a direct Personal
covenant to be bound by such Operating covenant and to be obligated to
continue to Operate Its business at the Center under the trade name it Is
doing business in at bast seventy-five percent (751) of its then currently
existing retail stores which It operates in regional shopping centers In
Oregon for so long as same shall be required hereunder.
GG. TRACT OR TRACTS. The term 'Tract" or "Tracts- means the Developer
Tract, andlor the Target Tract as the context may require.
SS
ARTICLE 11
#
A. NONEXCLUSIVE EASEMENTS FOR AUTOMOBILE PARKING AND INCIDENTAL USES.
t
Each Party hereby grants to each of the other Parties. for its respective use,
and for the use of Its respective Permittees, in common with all others
entitled to use the soma pursuant t0 the provisions of this REA, nonexclusiveeasements
over the Carron Area of its respective Tract, for Ingress to and
x
egress from such respective Tract. for access to and from public streets
ip
for the passage and parking of vehicles, and for theM�, adjoining such Tracts,
i
passage and accomgdatlon of Pedestrians. on such respective portions of such
Common Area as are set aside, maintained and authorized for such use pursuant
to the terms of this REA, and for the doing of such other things as are
aauthorized
or required to be done on said Common Area pursuant to the terms of
ij
this REA. Each such Party further reserves to Itself the right to grant the
-
foregoing easements over the Common Area of Its respective batt. for the
purposes hereinabove enumerated, to Occupants and Permittees.
Each Patty hereby reserves the right to eject or cause the ejection from
the Common Area of Its Tract Of any Person or Persons hot authorized,
empowered or privileged to use the Common Area of such Tract pursuant to this
REA. Notwithstanding the foregoing, each Party reserves the right to close
Loff
the Common Area of its Tract for such reasonable period or periods of time
as may be legally necessary to prevent the acquisition of prescriptive rights
_IT_
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Description: Lann,OR Docrannt - Year. Ibc1D [-1993] 1990.11883 Papa: 23 of 155
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the
by anyone: provided, however, that prior to closing off any portion o4
51'i
Common Area, as herein provided. such Party shall give written notice to each
r
other Party of its Intention so to do, and shall coordinate such losing with
other Parties so that 1m unreasonable Interference with the Operation o4
all
�y I
the Shopping Center shall occurnotwithstanding the reservation herein
( Si
provided /or, it Is expressly understood and agreed that, except to the extent
In any deck parking structure. Such reservation and the right to
nnecessary
grant easements Is limited to nonexclusive ose of the surface. No floor Area
shall be erected and co0structed within any portion of the Common Area of any
X
ti
such Tract.
Anything in this Section A to the contrary motWIthstanding. Developer may
h -
designate up to twenty (20s parking spaces located within the Automobile
a 4
Parking Area of the Developer tract located ad]eunt to and north, east or
east of the Sears Store solely for temporary parking of passenger automobiles
used in Seers rental car business operated out of the Sears Store.
B. UTILITIES
+A�
L Sgpn[etq_IIll1lIY-llneL Each Party hereby grants to the other
'lys
Parties, for their respective use and for the use of their respective
Permittees, nonexclusive easements In. to, over, under and across the
i%
Common Are. of its respective Tract, for the Installation, operation, flow
^"
and passage, use, maintenance, repair, relocation and removal of sanitary
w�l
'W`{
sewers, Storm drains. Mater and gas males, electrical DOMeY lines,
PPp
telephone lines and other utility lines serving the respective Trecta of
}kr'd
each of the Parties. All of such sewers, drains, mains and utlllty lines
o" shall be underground.
24
2. rgpepp LHlity 1n s. Each party hereby grants to the other
t: Parties, for their respective use and for the use of [heir respective
f Permittees, nonexclusive easements in, to, over, under and across the
exterior Common Area of its respective tract, for the Installation,
operation, flow and passage, use, maintenance, repair, relocation and
removal of sanitary sewers, storm drains, water and gas mains, electrical
power lines, cable T.V., telephone lines and other Utility lines for the
L' service of Common Area and for use in common with one or more other
Parties. All of such common utility lines shall be underground.
L
Description: Laare,OR Document - Y a,r. I)oc1D [-1993] 1990.11883 Papa: 24 of 155
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3
3. 1 ocetionf Easements, The location of all easements of the
character described In this Section shall be subject to the prior written
y
approval of the Party In, to, over and under whose Tract the same 1s to be
located. The Party causing or conducting construction of such utility
fl
Pad ))ties shall restore the Tract or Tracts affected by such construction
l
to the same condition as such Tract or tracts were before commencement of
construction, and shall otherwise conform to the aDDl iCable requirements
f
of this REA governing construction work in the Center, Including, without
c
limitation, the provlslons of Article Ty. Upon completion of construction
+
of such utility facilities the Parties shall join In the execution of an
'i
agreement, to recordable Porm, appropriately Identifying the type and
location of such respective utility facility.
C. CONSTRUCTION AMID ENCROACHMENT EASEMENTS. Each Party with aspect to
; 1
Its Tract hereby grants to all other Parties nonexclusive easements In. to.
A
�Y
over. under and across the Common Area of Its rtspeative Tract, for the
purpose of the development and construction or alteration of the grantee's
'
Tract, pursuant to the provisions of Articles V. VI. VII, XIII and %V; end for
the construction, reconstruction, erection and reroval and maintenance on, to,
over, under and across each such respective Tract of (I) Common Building
?5?
Components, (11) footings. foundations, supports and common walls to a maximum
AV
lateral distance of six feet (6), (111) canopies, flag poles. roof and
y!1,v
building overhangs, awnings, alarm bells, signs. lights and lighting devices
and other similar appurtenances to the building, to a maximum lateral distance
"
:'. " s
of fourteen feet (141) and (lv) electrical or similar vaults And HVAC supply -
13
exhaust shafts below the surface of such Common Area, to a maximum lateral
,t!
distance of fourteen feet (14'), as any of the foregoing items (1) through
(Iv), Inclusive, are shown in the working drawings for such building, approved
yas
to the location thereof by the Party Whose Tract is burdened thereby, or
pursuant to any other written agreement hereafter executed between any of the
Parties. Each Party covenants and agrees, respectively, that its exercise of
such easements shall not result in damage or injury to the buildings or other
Improvements of any other Party, and shall not Interfere with the business
Loperation
conducted by any other Party In the Center. Upon completion of the
construction elements referred to above, the Parties shall join In the
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7
J
604LGL
8011883
q1execution of an agreement, In recordable form, appropriately Identifying the
nature and location Of each such construction element. Notwithstanding the
foregoing, no Party shall design or Intentionally construct Its footings,
'$ foundations or structural supports upon the Tract of any other Party without
y the prior written consent o1 such Party.
0. REDESIGNATION OF AREAS WITHIN STORE SITES. Subject to the provisions
of Section A of Article VIII, the Parties shall each have the right as to
their respective Tracts, In those areas designated as Store Sites, as shown on
k Exhibit B, at any time and from time to time, t0 designate, withdraw and re-
designate as Floor Area, or Common Area, such areas as each may, respectively.
from time to time select; provided, however, that each such Party shall improve
said area at Its expense In accordance with such designation and with all
applicable requirements of this REA and shall re -measure and certify Its Floor
:Rj Area In accordance with Section L of Article I. If a Major Is Operating in the
I Center, a building facade of the Store of such Major shell always be located so
.
S°Fas to provide a building entrance Into the Enclosed Mall from and after the
q;pN date of completion of constructicm of the Enclosed Mall and said Store and so
long thereafter as the Enclosed Mall is required to be and is mal oral mad as
A
s loch. Nothing in this Section shall be demand to permit Developer to change
i I the location of Developer Mall Stores, Developer Non -Mall Stores or the
Enci used Mali as shown on Exhibit B without the prior written approval of the
Parties.
"Rye E. DOMINANT AND SERVIENT ESTATES. Each easement granted pursuant to the
f provisions hereof Is expressly for the benefit of the Tract of the grantee,
4r�';•
one the Tract so conePl ted shall be the dominant estate and the Tract upon
which such easement Is located shall be the sery le nt estate. but where only a
V'
portion thereof is bound and burdened, or benefited by a particular easement.
only that portion so bound and burdened, or benefited, as the pass nay be.
I shall be deemed to be the servleut or dominant tenement, as the case may be.
Any easement granted pursuant to the provisions of this Article may be
terminated by execution of an agreement so terminating the same, by the owners
of the dominant and servient estates.
L ' I. FIRE AND SERVICE CORRIDOR EASEMENTS. Developer agrees with each of
the Majors that It will, upon request, grant to any Major making Such request,
L
Description: Lane,OR Document - Y ae.WCID f-1993] 1990.11883 Page: 26 of 155 -
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such easements over the Developer Tract as such Major may require In order to
a'I provide emergency fire exit or service corridors or stairs which are required
yA, by building codes, leading from the Stare or Stores of such Majors to the
�
Automobile Parking Area. Notwithstanding the designation as emergency fire
exit or service corridors, all such corridors may be used for such other
w
x:.
purpos as as may be permitted by law.
G. PROHIBITION AGAINST GRANTING EASEMENTS. No Party shall grant an
easement or easements of the type set forth in this Article IT for the benefit
04 any property not w1tMn the Shopping Center Site without the prior written
approval of each other Party.
N. EASEMENTS FOR ACCESS ROADS AND RING ROAD. Each Party hereby grants to
'm✓ each o1 the other Parties, for Its respective use, and for the use of its
ry
jy respective Permittees, In common with all others entitled to use the same
' pursuant to the provisions of this REA. non-oxd uslw easements for:
y1. Dedestrlan and vehicular traffic In those strips of land on the
Common Are& Portion of Its (grantor's) Tract which are shown on Exhibit B
Xt
as crosshatched roadways (hereinafter r.forred to as "Access Roads"), and
(,#gi 2. pedestrian and vehicular traffic in those strips of land on the
,Y
Common Area Portion of Its (grantor's) Tract, the location and Wall, of
,. which are shown on Exhibit B and Indicated thereon as a hatched roadway
1. (hereinafter referred to as "Ring Road"), for the purpose of providing
Ingress to and egress from the grantee's Tract and public streets adjacent
to the Center, together with the following rights and subject to the
..+b� following restrictions and reservations:
(a) The Access Roads and Ring Road easements and the land upon
i
which they ate totaled shall be In all respects part of the Common
Area, and the improvements thereon shall be in all respects part of
the common improvement work.
(b) Grantors of the Access Roads and Ring Road easements agree not
r.' to obstruct or interfere In any way with the free flow of pedestrian
and vehicular traffic over the roadways which comprise the Access
Roads and Ring Road, except to the extant necessary for reasonable
Lrepair and maintenance, traffic regulation and control. and to prevent
a dedication thereof or the accrual of any rights to the public
therein.
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Dcunnnt - Yar
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Description: Laare, OR Docrrannt - Year.IbclD [-1993] 1990.11883 Page: 28 of 155- - --
Order: mgmq Continent:
I
ARTICLE III
L.
EXERCISE OF EASEMENTS
A. The exercise of the easements granted pursuant to Article 11 hereof
y-
shall be svbj act to the following provisions:
1. The grantee of any of the utility easements referred to In Section
tit
+ I';
0-1 of Article II shall be responsible as between the grantor and the
thereof for the In s tall atl on, maintenance ane repair of all
„vr+Ary.�
grantee
sanitary sewers, storm drains, pipes and condults, water and gas mains,
{_
electrical power lines, cable television, telephone lines and other Oilllty
lb U
lines and related equipment Installed pursuant to such grant. Any such
installation, maintenance and repair shall be performed only after two (2)
��}}�111Yij
weeks notice to the grantor of the grantee's Intention to do such work,
except In the case of emergency (in which event notice shall be given aS
I
soon as practicable). and any such work shall be done without Cost or
);
p i
expense to the grantor, and to such manner as to cause the least
'd
disturbance in the use of the Common Are. as may be practicable under the
Circumstances and shall not Interfere with Or diminish the utility
services to the grantor. Upon Coup I@tjon of such work, the grantee shall
restore the 6amnn Area affected by such work to the same condition as
-qS
.;Y.
before the comaencement of the work.
C,z
2. At any time the grantor of any of the utility easements granted
pursuant to Sections g-1 and 0-2 Of Article 11 shall have the right to
5a
relocate on the Tract of the grantor any such sewers, drains, pipes and
condults, mains and lines and related equipment than I ... led on the Trart
W
of the grantor provided that such relocation shall be performed only after
'
thirty (30) days notice of the grantor's Intention to relocate shall be
gI... to the grantee, and such relocation: (1) shall not interfere with
I'.
or diminish the utlllty services to the grantee; (11) shall not reduce or
impair the usefulness or function of such utility: and (111) shall be
performed without cost or expense to the grantee using materials of an
equal Or better quality that was Originally used. Notwithstanding such
relocation, maintenance of the separate utility lines, mains andlcr
Lequipment
lasted on the Tract of the grantor under the easement granted
pursuant to Section 8-1 of Article iI shall be the obllgatlon of the
L
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yuiisa3 ;
j
grantee; provided that If there shall be any material Increase in the cost
of such maintenance by reason of such relocation, the grantor shell bear
,fl
the cost of such material Increase.
3. The easements granted by Section A of Article II Shall terminate
and expire on Teimination Date.
Ir
4. The easements granted by Section 0 of Article 11 shall be
yf
perpetual, subiact however with respect to the easements 9ranlld by
'
Section B of Article II to the rights of relocation specified In Section
A-2 of this Article 111.
i
5. The easements granted by Sections C and F of Article I1 shall
remain 1. existence so long as the respective Stores of the grantee and,
as to the Developer, the Enclosed Nall, sball be In existence 1n the
icy f
Center ilncluding, whether or not this REA has terminated, any period of
1
reconstruction pursuant to Article XIII).
w
i
6. The easements granted by Section N of Article tI shall be
perpetual.
T. Interruption In use or service of any such easement a4 a result of
any cause or event referred to 1n Article XV shall not render the Party
1
t
with respect to the servient Tract responsible therefor.
B. The Parties, each severally, agree that In the event the Store of each
of said Parties. respectively, or the Enclosed Hall, as relates to the
Developer, shall be removed or destroyed, at such time as such Party Is not
required and does not elect to restore the same pursuant to the provisions of
this RFA, it x111 leave In place any footings an4for foundations not
destroyed, which Imanedlately prior to such removal or destruction were shared
r
between such Store and the Store of any Party, or the Enclosed Mall,
al.
,jointly
.:_.
as the case may be, for so long as such other Store, or Enclosed Mall, as the
Late may be, 15 1n existence. Inc 1Utl109 d5 the SdmH may be recon s tru[ted.
Nothing contained in this Article is or shall be deemed or construed to
Impose upon any Party any obligation to reconstruct all or any part of any
Store, or the Enclosed Mall, beyond such reconstruction provisions as are
otherwise contained In this REA.
C. Any relocation a4 any easement shall be made at the expense of the
Party or Parties requesting such relocation.
L -23-
Deacription: Lane, OR DocrrWront - Y ar. IbclD [-1993] 1990.11883 Page.: 29 0£ 155
Order: vgwg C..nt:
604LGL
9011883
'
ARTICLE IV
IMPROVEMENT PLANS
A. SCOPE OF IMPROVEMENT PLANS. Developer shall cause the Project
Sp+i
Architect to prepare the Improvement plans and specifications (hereinafter
-Improvement plans"), Including the general architectural concept of the
to
Improvements to the Center contemplated herein, for the Integrated development
k
of all Common Areas of the Canter. The Parties shall be consulted frequently
+�
during the course of the preparation of such Improvement plans. If any Party
x
has a preference for any particular typos of Installation, It shall, within
forty-five (45) days after the data hereof, furnish to the Project Architect
Ay,
detailed drawings of such Installation or portion thereof and If such Items
are approved by the Parties, they shall be Incorporated Into the Improvement
a �
plans. From three to time during the course of the preparation of such Improve-
dmart
*Y
yxork
plans, Developer shall cause the Project Architect to submit progressive
Ing drawings at such Improvement plans to the Parties In reproducible form
#e'`I
(1n sepias or reproducible transparencies) for review, recommendation and
;v•
"{
approval. Each document submitted for review pursuant to this Article shall
contain a cover page prominently listing the date malled, the required return
E
tlate, a statement to the effect that the document will be deemed approved by
i
the recipient unless skid recipient makes objection thereto xl thin the time
f
).
specified in this Article, and if such Improvement plans differ from the last
35
previously delivered Improvement plans, a statement delloeating the nature and
�i
extent of the changes. Failure to respond within such time per lotl shall be
deemed to constitute approval thereof. Copies of any response shall be sent
to each other Party. The Improvement plans are not Intended to Include
building Improvements to be constructed by the Parties within their respective
A
Store Sites, but such Improvement plans shall designate the location Of each
Store building and shale des lgnata the general location of truck ramps and
shipping and receiving areas serving such Stores. As to those Items which are
not in conformity with this REA, or which contain changes frmn previously
approved Improvement plans, (1) any such Item shall be specifically Identified
by highlighting on the transmitted plan or specification, (1) the cover letter
Laccompanying
such transmittal shall specifically identify those Items that do
not comply and how they do not comply with the requirements of this REA or the
L
_Z4_
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manner in which changed from previously approved Improvement plans and state
that any highlighted Item shall be deemed approved unless objected to within
the time period specified In this Article, and (3) the transmittal otherwise
shall comply with the requirements of Section F of Article XXIX.
D. SCHEMATIC, PRELIMINARY AND FINAL IMPROVEMENT PLANS. The improvement
plans shall Include:
1. 5;M1 tt Improvement Plans. Schematic Improvement plans developed
from Fah101t a an CA shall, no later than thl rty (30) days POT lowln9 the
J,Vi�L date of this REA, be submitted by the Project Architect to the Parties for
J their review and approval. Such schematic Improvement plans shall Include
411 N elevations, material, to be used, perspective renderings refle ct Ing design
concepts, layout of parking, and other Common Area Improvements,
2. Preliminary I went Plans
Preliminary improvement plans,
wk °j which shall, no later
h,Y Inc lutl lnq four (A) sats oP Outline Specifications, tett ons,
*e' than thirty (30) days after approval of the schematic Improvement Plans by
i
- all of the Partin, be submf fled to the Parties by the Project Architect
Me4 for their review and approval. Such preliminary Improvement plans shall
be developed from Exhibit B and the approved schematic Improvement plans
itu ' and shall conform to said schematic improvement Plans and to the require-
ments of this REA and shall Include. without )Initiation:
ll Jr
'jwt (a) All access roadways. exterior boundary walls or fences.
project signs. curbs, curb cuts, entrance driveways. Interior road-
ways, Automobile Parking Area and utility loop systems and lines to
serve common improvements and such Floor Area as each Party may desig-
nate as to Its Store Site, sanitary sewer lines, storm drains and
other drainage lines or systems. Including extensions thereof situated
outside the Shopping Center to connect to established Public utility
systems, and fire hydrants, lighting facilities (Indicating how such
lighting facilities are metered and controlled) and other similar
facilities for common use.
(b) The location of all fatuities for common use where the fixing
of such location Is reasonably possible, and if precise location
cannot be shown, specifications for such locatlons shall be set forth.
(0 A comprehensive rough grading plan for the entire shopping
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Center, including the sire and dimensions of all facilities for town
use; storm drains, including area drains, surface drainage
installations and taps for building connections, and sanitary severs
for common use, including taps for building connections.
(d) A COMOSlte parking layout for the entire Shopping Center,
Z.
including paying. striping, hampers, curbs, location of lighting
standards and lighting systems, designating areas which may be
separately Illuminated from time to time at the request of any Party.
el rF
(e) A composite landscaping plan as prepared by a landscape
architect specifying overall plant materials, species and plantings.
together with illustrations of all such plantings.
(f) The conditions, standards and architectural treatment under
„
hn `
which such Improvements shall be located, constructed and Installed.
t
"E
Such conditions, standards ar architectural treatment shall not b0
,K`
less than the minimum requirements of any governmental agencies having
yet
II
4
,jurisdiction of the Derformanro of the work In the Shopping Center.
6ewa r s, drainage, utility Imes and conduits shall not be constructed
_y,1Yi
or maintained above the ground level of the Common Area.
(g) Tha improvement plans Sha 11 not Include any Floor Araa but
shall designate the general location of all Floor Area pursuant to
i
Information furnished by each Party and other areas not Included
within the definition of "Floor Area" or "Common Area".
'4F1'
(h) improvement of adjacent streets, including traffic
slgnalIzatlon, as required by governmental agencies, and other
off-site Improvements.
tU Drawings for storm drains and area drains, Including
eAtenslons thereof off the Shopping Center Site. sanitary sewers,
water, telephone, gas, electric power and other utility Imes.
condults and systems, including Imes and taps for commercial
connections to connect the Store buildings to such utility lines to
points designated by each respective Party, the location which shall
be designated in each such Party's sale and absolute discretion, but
L
not closer than five feet (Y) from the Stare building face, which may
be prepared by the utility companies responsible for such installa-
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tions or the Project Architect or other architects or engineers. and
In either event shall be subject t0 the approval in writing by the
Parties. All water line systems shall be of such size and standards
(
to meet the necessary Aire protective requirements of various fire
underwriters of each of the Parties, as hereinafter provided.
(j) The location and emtent of Perimeter Sidewalks and walkways.
The Perimeter Sidewalks shall be designed and constructed in accordance
i
with Section 0 01 Article V1.
If a Party does not disapprove and specify any objection or make a
l
proposal that would add to or change the schemetic or preliminary laprove-
't
','�•1 '`
notice with a co to each other
mens plans to the Protect Architect, t, by DY
Party, within thirty (30) days from such data Of receipt Of such submis-
`�
sion, such plans shall be desired to be satisfactory as to such Party for
further development. If there Is such disapproval and objection or
proposal from any Party, the Project Architect snail tall a meeting Of all
�$
Parties to be held at the Center, within fifteen (15) days from such date
of receipt of such disapproval and such objection or proposal, to resolve
?�
and adjust any such disapproval and objection or proposal rl th reference
to such improvement plans. All objections or proposals shall be
considered at such meeting with a view to developing such Improvement
y,
plans In their final form at such meeting. If at such meeting the Parties
are unable to agree unanimously, all matters of disagreement shall be
resolved by the arbitration procedures of Article XXIII.
4y
+,i
3. Final imp1ovement5Sle0p. within one hundred eighty (180) days
from the date of approval of the preliminary Improvement plans, the
Project Architect shall submit final improvement plans, Including four (4)
sets Of spealfleations, to each of the Parties for review and approval;
such final Improvement plans shalt be developed from the approved
preliminary Improvement plans.
If a Party does not disapprove and specify any objection or make a
proposal that would add to or change the final Improvement plans to the
Project Architect, with a copy to each other Party, 0thin thirty 001
Ldays
from such date of receipt, such plans shall be deemed approved. If
there is such disapproval and objection or proposal from any Party. the
L
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so1168�
(� r
?." Project Architect shall call a meeting of all Parties to be held at the
Rf Center, within forty-five X46) days from such date of submission, to
resolve and adjust any such disapproval and objections or proposal with.
reference to such final improvement plans. All dlsapprovals and
pti
@ni
objections or proposals shall be considered at such meeting with a view to
developing the final improvement plans in their final form at such a ,+
3 meeting. if at such meeting the Parties are unable to agree unanl mously. I
" all matters of disagreement shall be resolved by the arbitration <
Procedures of Article %XIII. To the extent possible, all work shall �ifly�
continue during any period of arbitration. v `
41
C. ADDITIONAL IMPROVEMENT PLANS. After construction of the Improvements
contemplated in the final approved Improvement plans, additional Improvement
Plan'
mm'
be developed by the Project Architect for the future development Of
.
1 V the common or may be developed by others and submitted to the Parties for
iapproval. Upon such preparation or approval by the Project Architect, as the
�_.rte'^
case may be, such plans shall be submlttetl to the Parties for their approval K
y, In writing.
To provide continuity and harmonious architectural treatment In the 'F
development or approval of such plans, prior approved Improvement Plans shall hl'
be followed as a guide in any such addltlonal Improvement plans and In the "
establishment of conditions, standards and architectural treatment under which .
h
unimproved areas shall be improved or additional Improvements shall be made. w '
s D. CNANGES IN IMPROVEMENT PLANS. Changes may be made In approved final
m,
Improvement plans only by the agreement In writing of the Parties. The Party
:iJ or Parties requesting any such changes shall pay any additional costs Incurred ii
,{a
In connection with such changes; provided, however, the requesting Party or
Parties shall pay such additional cost only if the request for change Is not 's
t' the result of an error or omission by the Project Architect or to eccoeenodate ) `
a pre-existing condition. The cost of such changes shall be estimated by the dr.
Developer and approval of such cost obtained from the Party responsible for 5`
the payment thereof prior to amending the final drawings and Issuance Of c '
authorization for the work to proceed. Failure of a Party to approve or
Ldisapprove such requested changes within thirty Xtl0) days from the date OF
submission thereof shall be deemed approved by such Party.
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E. APPROVAL AND DELIVERY OF IMPROVEMENT PLANS. All approved Improvement
,
e'
plans shall he stamped "approved", dated and certified by the Project
I
Architect and maintained by It In a safe and convenient place, In the event
p,
`pt
of designation Of another Project Architect. Developer shall cause all
Improvement plans and other records relating thereto to be promptly delivered
{'Y
✓v
�'C:
to the new Project Architect at the time of such designation,
;
F. GENERAL DESIDN DATA FOR COMMON AREA. In the preparation o4 all
jf
f
1 JJ"ddy
improvement plans provided for In Sections A, B and G of this Article IV, and
;.
any further plans for rotor¢ development or chan9ea In the Common Area, the
!.
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following general design data, without limitation, shall be followed, as
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minimums. Unless governmental speclflcatlons for such work establish higher
standards:
'a
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1. Sewer and other Utility 11082, COntlUiti OY SySieFli Shall not 00
,n
constructed or maintained netl above the ground level 04 the Shopping ng Center
1`
v
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A
Site unless such installations are within enclosed structures and conform
,,'. -
with requirements of all applicable governmental or private a9enc las
y..},
Y'
having jurisdiction of the work, and are approved by the Parties.
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2. Street Improvements shown on Exhibit N respecting future and
='
i
existing streets and roads adjacent to the Center Shall be made In
�{
s%
accordance Yi Ln LM requirements of any governmental agencies having
,r
v
jurisdiction of the same.
sAF'•
3. Lighting for Automobile Parking Area shall be provided by fixtures
`
of such type as the parties shalt approve, with area controls ct real ted
h'
"v
.
,�...
independently with photo-el ecfrl( controls, sufficient to produce a mini-
lnl-um
inmal maimed Intensi tY measured at grade of (1) one 0) foot ca.dla of
lighting In the Aubmewbile Parking Area, (11) one and one-half (j I/2)
foot candle of lighting on all roadways In the Autonwbl le Parking Area,
s L=
r
and (111) four (4) Pout candles of lighting at all Center exits and
y"
entrances to the Automobile Parking Area. the lighting system shall be
designed so that 1t can be illuminated at twenty-five percent (252) of
k -
S
full intensity uniformly distributed throughout the Automobile Parking
Area, during hours of darkness that the Center Is not open for business.
I—
4. The slope In Automobile Parking Area (which shall not be Inter-
`
rooted with retaining walls or enbankments forming a break In grade, except
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as shown on Exhibit "B°) shall not exceed a maximum of three percent (3%)
nor be less than a minimum of he and one-half percent (1 112%). unless
otherwise shown on Exhibit R or on the approved improvement plans.
5. All sidewalks, unenclosed malls and pedestrian aisles shall be of
materials approved by the Parties, and the surface of the Automobile
Parking Area and access roads shall be paved by installing a suitable
base, surfaced with a bituminous or atPhaltic wearing surface, or other
material approved by the Parties.
6. The surface of that portion of the Enclosed Mali devoted to
pedestrian traffic shall be Installed In o continuous plane without steps
except as may be airman on the approved improvement plans. The maxlmum
slope for t,t portion of the Enclosed Mall devoted to pedestrian traffic
shall not exceed one and one-half percent (1 112%1. unless Otherwise shown
on the approved Improvement plans.
7. All fire protective systems shall be installed In accordance with
the requirements of local authorities having jurisdiction over such
Installation, and any additional require"nts of any underwriter desig-
nated by each Party, such as Industrial Risk Insureds designated by Target
8. The heating. ventilating and cooling systems of the Enclosed Mall
shall be constructed so as to operate and be capable of maintaining an
Inside dry bulb temperature of seventy degrees (70') Fahrenheit, with
outside dry bulb temperature of ten degrees (10') Fahrenheit for beating.
and the cooling system shall be capable of maintaining seventy-eight
degrees (78') Fahrenheit dry bulb and fifty percent 150%) humidity Inside
conditions with outside conditions of eighty-one degrees (RI°) Fahrenheit
dry bulb and sixty -levan degrees (67') Fahrenheit wet bulb. The entire
system shall be automatically controlled.
9. The finished surface of the Enclosed Mall shall be established at
the same elevation as the corresponding fl or of each adjoining Store at
all points ad3oining such Store, unless otherwise shown on the approved
improvement plans.
G. ENCLOSED MALL DESIGN AND IMPROVEMENT PIANS. Each Party shall be sent
general design plans for the Enclosed Mall which shall be subject to the
approval of each such Party. The rights of approval herein contained shall
Bra
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the
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include the genual Interior construction of, the elevation of, and
architectural treatment of, the Enclosed Nall, excluding storefronts of
(((
Occupants of Developer Nall Stores. Each Party shall be furnished schematic
p�{
drawings and preliminary and final improvement plans developed Prom the general
[in�:}
design plans referred to above which shall be subject to the approval Of the
6 i
Majors. The Majors shall each, respectively. have the right of approval (Which
t.
y
tw'
approval may be granted or withheld at the sole and absolute discretion of each
y
k
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Major, respectively) of the design of its respective Court at shown on Exhibit
2
P+]yfD.
Including column locations, decor layout, decorative elements, floor ¢lets-("
fiwc
[Ions. floor to oiling heights. lighting, wiring. etc., and the furnishings
_
t
of such portions of the Enclosed Mail. Notwithstanding the approval right o4
�, y
sub such Major, no disapproval may be predicated on a requirement of any Major
ld3f
which would materially atter the previously approved general design concept of
a
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the Enclosed Nall.
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N. ENCLOSED MILL CONSTRUCTION. The Enclosed Mall shall be constructed by
Developer at Its sola cost and expense In accordance with plans and 4e011ca-
,
l�
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tions prepared by Developer and approved by the Majors. Including the plant
k
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for attachment to the Store of any such Major. In the development of the
plans for attachment to the Store of any Major, the architect designing the
r"
rip,
�
Enclosed Mall shall consider the facade of the bus ldl n9 [q which ch the attar A-
h tl
r.
men[ is to be Wade, the sheathing of any Nall columns adjacent to any such
y,
5
building facade, signing requirements of the Major at its Store entrance Into
the Enclosed Mall, the Insurance requirements of the Major so as to maintain
t'"Y
the quality of Its usual fire and extended coverage Insurance without Increased
l� i
'+
premium, building code requirements, increased or decreased costs of construe-
1.
tion of the structure to which attachment Is to be made, and the fact that
there shall be n0 seismic or structural loading Imposed upon any Such Store.
'
I
Th. Enclosed Nall shall provide for sprinkler protection (Including a deluge
system or a fire protection water curtain. If required by building code
{gkt
h
requirements or a Majors independent inspection firm to meet "Highly Protected
{{{r
Rlak" Insurance requirements) within tit, telling plane and at all windows and
-
doors of the Store of any Major, and shall Include any smoke vents required by
Lcode
or the foregoing insurance rthOlrement, because Of the attachment of the
Enclosed Nall to the Store of each Major. If such smoke vents are required for
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any reason other than the attachment of the Enclosed Mall to such Store, such
Major shall reimburse to Developer the costs of installing such smoke vents.
In the event plans for such attachment are submitted and approved by any Major
i.
1n sufficient time to enable It to construct its Stare so as to receive such
attachment, such Major shall so construct its Store. In the event the plans
are not submitted in sufficient time, but are thereafter approved. then and In
that event the expense of any change In preparing the Stora plans and any
additional cost 1n constructing such Store, or any change or modification
therein shall be borne by Developer.
'.;
�,O, .y s, The Parties further recognize that the air conditioning and heating iDec 1•
�i
+1F
flew ons of the X+jor's respective Stores, Developer Nall Stores and tA0
q Enclosed Mall are critical and that the same shall be so designed, COnitrUfted,
F h Operated and maintained so me not to unduly drain conditioned air free, nor
l;
unduly discharge or return air Into, the Enclosed Mall, the Major's r0iDectl va
�._
�,'.:� Store Or the DPVBIODlY Mall Stunts, of the Case may be. DBV@IOPBr agrees f0
CdOe! tM1e DC LOpdntS 0( the DBBBI Op@Y Mall $teYlf antl the Sears St0ro, not to
GG;
unduly drain conditioned air from, Or unduly discharge residue or return air
into, the Enclosed Mall.
if any Major constructs Its Store 10 that It Is necessary for Developer to
build the Enclosed Mall structure over the property line of such Major's Tract
Td
,f+}; (other than attachment to the timmediate proxl mi Cy Of the Tract line), any
xl additional cost Incurred by Developer by reason of so extending sold Enclosed
Mall shall be reimbursed to Developer by such Major, .11045 otherwise agreed
to by Developer and the Major Involved.
If the Developer constructs the Enclosed Mall s0 that It Is necessary for
any Major to build Its Store Over the property line of the Developer batt
"'- (other than attachment In the Immediate p,,.Imlty of the Tract line), any
additional cost incurred by such Major by reason of so extending Its Store
shall be reimbursed t0 that Major by Developer, unless otherwise agreed to by
Developer and the Major involved.
Developer shall have the right to attach the Enclosed Mall to the Majors'
L buildings without any Obligation by Developer to pay the Majors any amount for
such right to attach the Enclosed Mall and without any obligation by any Major
to cnotrlbute to the payment of the cost Of ogistructleg and equipping the
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9011883
Enclosed Mall. Developer shall furnish, Install and maintain the flashing and
seal at said attachment and shall repair, at Its sole cost and expense, any
damage to the Majors' buildings caused by Developer making or maintaining said
attachment.
y� I. CONSTRUCTION COMPATIBILITY. The locations, number of levels, height
and exterior configuration of all buildings and structures to be constructed
fl r by each of the Parties on Its respective Store Site shall, if not indicated
u,
,i , thereon or different from Exhibit 8, or if greater then the limitations Imposed
a1 by Exhibit C. be subject to the prior written approval of each of the other
° Parties. In order to produce an architecturally compatible unified Shopping
Center pursuant to the common general plan contemplated by stats REP, each Party
�'ybJyM agrees to consult with all other Parties concerning the design, color treatment
*'
and exterior materials to be used In the construction and reconstruction of all
buildings and structures on Its respective Tract and to consider the views of
'?
all the other Parties with respect thereto prior to selecting the specific
materials and colors for Its improvements. The design standards for the on-
�5 site Improvements, including schematic parking layout, landscaped areas and
driveways, shall be architecturally harmonious and compatible for all Parties'
l
Tracts so far as the sane are to be constructed at on above ground level.
aF I. PLANS FOR TOE STORES. Target shall cause to be delivered to the
Developer, Project Architect and to each other Party at least ninety (90) days
1 before commencement of construction of such Major's Stora, one copy of their
5i
respective proposed plans and specifications as respects their exterior
A'' design, including color and ma serial of their respective Stares or
improvements. The Project Architect or such other Parties shall, within
twenty (10) days after the receipt thereof, notify each such Party of any
exterior design features, calor or material which In the Project Architect's
or such other Parties' opinion are not compatlble in relation to the design
concept of the Shopping Center. In the event of any such notice by the
Project Architect of any proposed plans of the Party, such Party agrees to
cause its architect thereafter to work In good faith with the Project
Architect and the other Parties so that the buildings to be erected and
Lconstructed will be In harmony with the approved general architectural concept
of the Shopping Center. The question of architectural compatibility shall
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not, however, be subject to arbitration under Article X%111.
K. EXERCISE OF APPROVAL RIGHTS. No Party shall, in exercising Its right
of review and/or approval over the plans and specifications of any other
Party, or over the Common Area Improvement plans and specifications, make any
unreasonable request, or any request whatever which would unreasonably
Increase the charges or cost of the work to be performed or which would
otherwise be Inconsistent with the applicable standards contained In this
REA. The reasonableness of any such request (but excluding any claims for
damages) shall, if disputed by any Party, be determined by arbitration as
provided In Article XXIII.
L. ENTRY INTO ENCLOSED MALL, The Store of each Major shall have an entry
for customers Into the Enclosed Mall In the area designated for such on Exhibit
8. Such entry of each Major shall be open during such hours that the Store of
the Major and the Enclosed Mall and at least seventy percent (Tot) of the
Developer Mall Stores and the Sears Store are open to the public for business.
ARTICLE V
CONSIRUCTIuN OF DEVELOPER INPRWEMENIS'
OPENING DATE° OE OEVEtOPER HaL crORNC�O
A, COMMENCEMENT OF CONSTRUCTION. Developer agrees, on a date as soon as
reasonably possible after approval of plans and specifications, to commence
construction of the Developer Improvements and thereafter diligently proceed
to conpleHon. OBVal Oper shall be deemed to have commenced the Construction
referred to in the preceding sentence upon the date that Developer shall have
let a firm contract for the construction Of such Developer Improvements and
shall have commenced the Construction of the foundations of such Developer
Improvements.
\;- B. MANNER OF CONSTRUCTION. P11 work of construction of the Developer
yn,
Improvements shall be made In accordance with the final Developer improvement
plans approved by the Majors pursuant to Article IV. Developer shall cause to
be delivered to Target at least ninety (90) days before commencement of
construction of Sears' and each other department store, one copy of their
respective proposed plans and specifications as respects their exterior
Ldesl9n, Including color and material of their respective stores. Target
shall, within twenty (20) days after the receipt thereof, notify Developer and
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each Party of any extarlor design features, color or material Alch In Its
/ opinion are not compatible In relation to the design concept of the Shopping
:n ' Center. In the event of any such notice by Target of any proposed plans of
}n. Sears or any other department store, Developer shall cause Sears or such other
t - department store, as the case may be, to cause Its architect to work In good
faith with the project Architect and Target so that the bulltlinpl to be
ereceed and constructed will be In harmony with the approved general
ss„� architectural concept of tna ShOpDing Center.
C. TIME FOR COMPLETION OF DEVELOPER MALL STORES AND ENCLOSED HALL. On or
vi before the Developer's Scheduled Opening Date, Developer shall, with respect
to the Phase I Development, complete construction of the (l) Developer Mall
Stores, including the Sears Ston and any temporary closures union may be
�
required for any Developer Nall Stores which an not open for business, and
(it) Enclosed Nall.
in 0. TIME FOR LEASING AND OPENING OF DEVELOPER MALL STORES, SEARS STORE,
AND ENCLOSED MALL. If at least one elf of the Majors has previously opened or
will st multaneously open, Developer shall, on the Developer's Scheduled
Opening Date, (1) open and Operate the Enclosed Hili to the general public and
have the Enclosed Mall completely functional and Operating In accordance with
t..
'?„', the applicable requirements of this REA, tncludlnq being air conditioned,
heated. ventilated, lighted, decorated and landscaped and free from
obstructions, and (111 have the Sears Store and it least fifty percent (501)
of the aggregate initial Planned Floor Area of the re.lning Developer Mall
Stores leased under leases r,qul,lnq such Occupants to be first open for
T" business on or before the Developer's Scheduled Opening Date. Developer shall
use Its best efforts to have all of the initial Planned Floor Area of
Developer Mall Stores open for business on of before said date bolo Majors an
open for business.
E. PHASE 11 DEVELOPMENT,
I. The Phase it Development Is designated On Enh1G1 J as "Department
Store C", "Department Store D", and "Department Store E". The areas
comprising the Phase II Development cop s tltnte a part of the Developer Tract.
Lif developed, Developer agrees to develop "Department Store C", and/or
"Department Store 0", and/or "Department Stare E" as and for the operation of
L -DS-
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Ordar: *'gm'g Comeent:
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single -user retail department stores. Prior to beginning Construction of all
9°9
1
�!
or a portion of Phase 11 Dava l Opmant, Developer shall qfw written actio to
1 ;
ry
Target of the number and location of the Department Stores and other
improvements it Intends to build and the scheduled completion data for each Of
Fr
Department Stores C and/or D and/or E. as the case may be. Developer shall
11'' N
�
up,
d
w"
repeat this nott ce procedure each time Phase 11 Development construction 15
,y
o f{
undertaken.01�
§'+
2. The Store Sites of Department Stan C, Department Stora D. and
,
,
Department Stara E shall be improved In the Phase I Development by Developer
as Automobile Parking Ane In conformity with the common improvement plans
W
provided In AFlti LLIV. and such Campton Area %hall be camp laced by the
i
h3;
;{a
Dave/oper on or before the data provided In Section of Article VI and shall
A..
remain Common Area until construction of the Phase 11 Development thereon is
nt 15
{ ��
g
f9y
commenced. After [onstructi an of any portion of in Phan l[ Dlvel Opme
M
commenced, the Portion of any Phase !I Development Improvements as are
h.
Vi
actually constructed shall. If such improvements Cons titute floor Area, w'
i,.
.{r
longer be part of the Gammon Area.
t -+
,u
7. Developer. at its own expense, may construct (or cause to be
h
the Department Store C within the stare Site shown On fahLbli.@
-,
'
constructed)
and designated "Department Ston C" having not nor, than the Initial Planned'y4ti
$'('
Floor Area nor Ills than the minimum Floor Area specified in StctloD.A of
AArticle
Vill.
a. Developer, at Its oto -*pease, may Cometruat car cause to as
constructed) the Department Store 0 within the Stare site shorn on Exhi1.LL@
and designated "Depsrtment Store D" having hot more than the initial Planned
Floor Area nor less than the minimum FIWr Area speclfied In i•[tlon A of
Article VIII.
5, Developer, at Its own expense, may construct (or Cause to beu�,
constructed) the Department Store E within the Store Sit. shown on ixhl@LI-@^
-
and designated "Department Store E" having not mare than the Initial Planned
F ,
Floor Area nor less than the minimum Floor Area Specified in SLatlon A of
,
Arlls e Llll.�
L
6. in !M1a event Developer elects k0 construct or cause the
�
[onetreetlpn of the Department Store C. and/or Department Store D, and/or
L
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J
De ±ption: Lane, OR Document - Year. IbclD [-1993] 1990.11883 Paget: 42 0£ 155 -
Ordar: *'gm'g Comeent:
F
604LOt
D
9011883
on the
Department Store E, Developer !hell maintain the DarkLsg ratio required
w•;
Shopping Center Site pursuant to Section -c of Article_Y. taking Into account
•�
both the additional Floor Area seated by the addition of such Department
�.
g
Store/ s> and the Automobile Parking Area lost through the construction of sato
expansion. the required parking facilities, when constructed, shall be a part
Of the Automobile Parking Area for all purposes o1 this REA. Any such
4,
-
Automobile Rankine Area shall to completed on or before the date that the
iy
i
`
fi
Department Store D and/or Department Store E Open for business.
7. Said Automobile Parking Area provided for In subparagraph 6 of
I
this Sectl on E shall be constructed to accordance with all regal rementt Of
.,
this REA applying to Construction of Automobile Parking Anand shalla,
i
include convenient pedestrian and vehicular accev my'.schematic,
9
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preliminary end final plana for the Automobile Parking Area and shall be
i
„ M1„
ta
1^}'�
submitted to and approved in writing by the Parties Prior to construction In
li
w
as is provided /or the Improvement plant In ASllcipTh!lY•
-
the same manner
M
Prov l s l ons of A ti El as IV and IX shell be applicable with re speLL to the
ty
hE!l
er ac tion and construction of the Automobile Parking Area. The Automobile
Parking Area, when constructed, shall be a part of the Automobile Perkl nq Area
n<
for all purposes of this REA.'
E
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"I
A. The Department Store C, Department Ston D, and Department S[on
c
and ell applicable
shall be constructed In accordance with jA0141Pp
-1
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requirements of this REA applying to tonstructloo of a Store for a Major and
x'
M
'
In accordance with plops therefor prepared In accordance with $ ct top Y of
g. Developer nay at any time convey fee title or lease the Stora
t+ Sites of the Department Ston C, and/or Department Store D. and/or Dopar tenant
Store E and In each tato a contiguous portion of the Common Ana lo[atvd on
a
1 '
ern the Developer Tract sufflclent to satisfy the parking ratio requirements for I
the Store Site pursuant to SeCtim Of Article X to a person for the
con stru[tl on and Operation of such Depertmen+, Stores In the Shopping Center, f. • � ,
but subject to the following conditions: 6
L (a) Such conveyance or lease shall be sube[t to all of the }• jt[�''
terms, covenants and conditions of this REA. I
L>e iption: Lorre, OR Document - Y ar. Ibc1D [-1993] 1990. 11883 Page: 43 of 155 -
Czder: rrgwg Corueent:
Deacription: Lane, OR Doo..t, - Year. DIOCZ) f-1993] 1990.11883 Pager: 44 of 155
Order: WO,%O, Cosawwent:
604LDL
t1q
i
9u11883
t'
per'
(b) Such Store Site and the remalnder of the Developer Tract
s yI
shall each, separate and independent of the other, comply with all
o4 the terms, covenants and conditions of this REA. Without
t `
f
�
c;
limiting the generality of the foregoing, such conveyance or lease
I
shall not result to the Automobile Parking Area on Developer Tract
a
or In the Center bales r,ducal below parking ratio required by
7,
u $
Section on c of Article and after any conveyance, such Store Site
3
jt
and remainder of the Developer Tract shall each have sufficient
n1
parking, separate and Independent of the other, to maintain the
Y1
parking ratio required by Section C of Article X.
."yA
1
V/1
(0 In no event shall larger be required to bear any of the
costs of constructing additl"a) Common Area, Automobile Parking
'4a
A18'
Area or other facilities made necessary by such conveyance Or
'k
1 .>
yYsl
lease.
10. Except for those assessments shown of record at the data of this
Ti
AEA, Developer agrees to keep the Target Tract free of any and all future
I,
assessments of any kind for improvements required by or made In connection
3
with the Phase 11 Development or any part thereof.
ARTICLE VI
i.
L A.
rnucTR u'i�C01MOX INP0.0VEMEXi WORK
`8
A, SCOPE Of [0144ON IMPROVEMENT FORK. The -common improvement work" shall
.�,
consist of the following Items of work as approved by the Parties:
1
i. Crslt mi nary De v914p0epLQL51t9- Preliminary development of the
-
Shopping Center Site, including, but not limited to, the Ioilowl ng:
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t�}t
(a) Preliminary and master Dl annl ng•
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a
^(1
(b) Preparation of environmental Impact reports or studies as may
++
be required by applicable federal, State and loci' law.
W�.
(c) Design. planning and construction of of4-site and/or .0-11t.
dl
t
storm drains, flood control faeliltlet, and planning of approprlete
off-site and on-slte lair ovements for development by Developer or
L ;
public bodies.
(d) Design, planning and construct"' of off-site and on-site
Improvements for the general benefit of the Shopping Center Site,
L
_Dg_
J
Deacription: Lane, OR Doo..t, - Year. DIOCZ) f-1993] 1990.11883 Pager: 44 of 155
Order: WO,%O, Cosawwent:
Description: Losse, OR Document - Year. Ibc1D [-1993] 1990.11883 Pager: d5 o£L55
Order: rrgawg Consonant:
604LGL
9o118e3
E
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Including. but not limited t4 Perimeter atreati and access roads
)3
(whether or not dedicated to public use) and planning and erection of
traffic signals, median Creaks, directional signs, street lighting,
end other facilities, all as reasonably required to provide proper
i
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Ingress and egress for the Center.
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e
FI.
le) Demollnon, clearing, rough gradlnp, fill and compaction of
i
IN
portions of the Slopping Center Site pursuant to the recommendations
of a licensed soils engineer selected by the Parties, which shall
4?5
Include the building Dadi end any building ex avail ons. excluding,
)
however, any backfill adjacent to any Stora that easy be required as a
x
result of the excavation of the building pad of such Store, which
backfill work shall be done by and at the sole cost and expense of the
It
x
Party constructing such Store.
j
p. L t of [LMllpn area. The design, construetl. and
1
improvement of the Common Area (excluding the Enclosed Mall), including
Ii "
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k
S
but not limited to the following:
(a) flit and compaction requirements, H any, to develop the
s}
same, pursuant to the recommendations of the approved soils engineer.
(b) Finish grading,
T97
(e> All Paying. striping and lighting. including Pana lboartls.
.e,
'
switches and photo -electric time clock controls.
`+
Id) Facilities for surface and subsurface drainage.
y�
31ia
(e) Malls (excluding the Enclosed Mill), sidewalks and curbs,
exclusive of Perimeter Sidewalks, Will Perimeter Sidewalks shall be
-j
designed and constructed as provided in Section D of Article VI.
a
ie'
lfl Landscaping, except Tor landscaping within Perimeter
Sidewalks, which sM1all be designed and constructed as provided In
Section D of Article VI, and except those related to construction of
Six
the Enclosed Nell.
(g) Coleman nnitary sewers, storm drains, gas, electrical,
transformer and vault, water, telephone and other utility facilities
11
beyond five feat IS') from the bullding face of the respective Stores
y
of the Parnas, and In locations designated or approved by the Majors,
S
�'
but in no event closer than five feat (6) to said Store few.
L
-as-
J
Description: Losse, OR Document - Year. Ibc1D [-1993] 1990.11883 Pager: d5 o£L55
Order: rrgawg Consonant:
F
604LGL
soiiee3
<hl All anon ltf es such as benches, trash baskets, Public
aq.
telephones, newspaper stands. drinking fountains, bicycle racks, bus
L
i
shaltaq decorative features and similar facilities for the comfort or
v
benefit of the Permittees, together with Institutional signs. symbols,
u
45
directories and shelter lar notices /or and to the Center, Including signs
ts
ip�,
during construction, which construction signs shall be of such a sl xe,
form end content as the Partial shallapprove.
n
(1) All fire protective9ystams as provided In Section F-] of
Article IV,
fs:
a"
(1) All architectural and engineering costs and construction
bonds and Amends costs for builder's risk Insurance relating to the
n
r
'a
preceding Items,
t
Ik) All Automoblle Parking Area.
A
",
ems"d
B. CONSTRUCTION OF DOWN IMPROVEMENT WORK. Dpon approval of the Improve-
ment plant provided for In Section A o/ Article IV. Developer shill enter Into
i
'y
a written contract(,) for the construction of the comr6n le movement work
h
b
work shall be at the sub cost and expense of navel war. Developer
'V
which
y
t4
shall provide adequate and tce inuWs supervision of the construction of the
�.
benefit of the It
concern improvement work by all contractors for theParties'
If expressly rP Oopnt xed by the Partial that there are Separate Agreements
lr.
t e
:1
between the Developer and each Major which NY provide for the payment by each
Major of a portion of the cost of the comm improvement work.
,.
SCHEDULING AND D(NPLETIDN Of COMMON IlflAOVENENT NOAK.
s:
-
C.
7i
I, $Ltdpla, The performance of the common Improvement work byY,
Iprf
Developer shall be Scheduled by the Developer In consultation with the
°?
.#
Majors to c00rdtnat¢ such common lmprovement work with the work of
construction of the Stares of the Majors and of the Developer Improvements.
rr
Z. gomglatian. The common Improvement work by Developer In the
ra(
Pnasa i Da vel opment shall to completed at least thirty (30) days before
the Developer's Scheduled Opening Data; provided, however, prior to
commencement of construction of the common Improvement work, Developer and
each xajor shall mutually approve An area In the vicinity of oath
L
Rf P"tive Major's ,tore which Shall he completed by a date not later than
j
tlx (6) veeks before serge is Scheduled Opentn9 Date.
L
"40-
J
Description: Lar,a,OR Docrsaent - Y az,. Ibc1D [-1993] 1990.11883 Papa: 66 of
Ordaz,: wgwq Coneient:
L
L
60OLGL
9011983
D. DESIGN AND CONSTRUCTION Of PERIMETER SIDEWALKS. The Perimeter Side-
walks shall be designed and constructed and the cost and expense of such
design and construction shall be borne as follows:
1. Design. The Project Architect shall furnish to each Party general
design standards for the Perimeter Sidewalks, which general design stan-
dards shall be subject to the approval of each Party. Developer and each
Valor shall, after receipt of such general design standards from the
Project Architect, cause Its respective architect on the basis of the
approved general design standards for the Perimeter Sidewalks to prepare
and submit to the Project Architect and each Of the other Partlws, proposed
plans and specifications as respects the Perimeter Sidewalks adjacent to
Its Store, showing sidewalks, landscaping, retaining walls, earthflll,
color and material, which plans and specifications shall be in conformance
to the approved general design standards for the Perimeter Sidewalks.
2, Cuesttgctl9n. Developer shall construct all curbs within the
Perlmeter Sidewalks As part of the common improvement work. Developer and
each Major shall construct or shall cause the construction of that part of
the remainder of the Periwtar Sidewalks which fit within Its Tract, which
construction shall be performed at the constructing Party's sale cost and
expense In accordance with the pians and specifications with respect
thereto, and in accordance with the construction scheduleS for the
applicable portions of [ormon Improvement work In the area of the various
Perimeter Sldewalkt.
E. SEPARATION or HONK. For ati purposes applicable to the provisions of
statutory law of the State of Oregon, the construction of the C.,, Aree, the
Enclosed Nall, and each of the Stores. respectively, which may be Inte-
grated, shall nevertheless each be deemed to be a eeparate and distinct work
of improvement.
F. CONSTRUCTION COPWNICATION. Each Party shall appoint a Person or
Persons who Shall cbordlnate On each Party's behalf all communications between
each Party under Articles IV, V and VI, the name Of which Person Or Persons
shall be given in writing to each other Party.
Demazmption: Larse,CR Document - Ymar. DoorD f-1993] 1998.11883 page: d] of 155
Order: rrquq Coamient:
J
604LGL
F -F' suiiae3
ARTICLE VII
CliA-TRLCIIOh OF MAJORS' TO0. r• OPENING DATES
A. CONSTRUCTION. Subject to the provisions of this Article VII, each
Major agrees to cause constructlon of Its Store to be commenced and further
agrees thereafter diligently to prosecute same to completion so that each such
Store shall be constructed within the respective Store Site, with at least the
Initial Planned Floor Area specified In Section A of Article Vlll and shall be
open to the general public for business on or before Its Scheduled Opening
Date.
All work to be performed shall be in accordance with the requirements of
this REA. and In accordance with the requirements of the final approved Store
plans.
B. OPENING DATES OF WORS. Target shall be open for business on Its
respective Scheduled Opening Date, If Developer has completed Its
respons lbl lltl es pursuant to Sections A, B and C of Article V and Section C of
V1.
Anything herein to the contrary notwithstanding, in no event shall Target
be required to open between November 5 of any calendar year and March I of the
succeeding calender year, or during the period from March 10 to June 30 or
August I to September 30.
L -42-
Description: Larsn,OP I cpswwnt - Jg mc.2bcl2) f-1993] 1990.11683 Page: defof 155
Order: rrgeg Cosewant:
ARTICLE Vill
eTION
R2F AXO ry[}yNT
!s3i
FLOOD
AREA. OP
{t
A. FLOOR AREA.
The Initial Planned Floor
Area and the
minimum Floor Area
'i
of each of the Parties
are as follows:
Initial
Planned
Minimum
_
timer Area
E12011 -h eA
Developer Mall Stores
(excluding the
294,548
235,638
Sears Store)
113,577
95.183
Sears Store
Depar tmant Stare C
(Phase II Dave l opmen t)
63,000
50,400
Department Store D
(Phase 11 Development)
49,035
39,229
Department Store E
(Phase 11 Development)
93,423
74,738
L
113,613
BO'cou
Target Store
Developer Non -Mall
Building Area 1
6,650
5.320
L -42-
Description: Larsn,OP I cpswwnt - Jg mc.2bcl2) f-1993] 1990.11683 Page: defof 155
Order: rrgeg Cosewant:
Description: Lane,ORDocuamnt - Year. LbclD [-1993] 1990.11883 Pager: 49-.f 155
Order: rrgaq C dxmmnt:
604LGL
suuse3
^'
Developer Non-Na11 Building Area 2 2,375 1,900
s
Developer Non -Nall Building Area 3 2,375 1,900
r3"
[
4
Developer Non -Nall Building Area 4 6,650 5,720
^^
Developer Non -Nall Building Area 5 47,500 38,000
'
lk�
Developer, as to in. Developer Nall Stores, the Sears Store and each major
I c%.
as to Its respective Stora shalt each initially construct or cease to be
1
constructed Its Initial Planned Floor Area as sat forth above: Provided,
1
e
however, Developer shall not be obligated to construct Department Store C,
i
y^
Department Store D, Department Store E, nor the Developer Non -Nall Stores.
Subject to the provisions of Articles XIII and XVI herepl, following the
�
opening date of each respective Store, there shall be, during the term of this
u' n
4�
BEA, on Seen Party's Tract not less than the respective Minimum floor Area sat
n
y,
k"
1
forth above.
3r
The Int tl ai Planned Floor Area of Department Store C, Department Store D,
.iq
and Department Ston E shall by deemed part of Developer's Initial Planned
Floor Area upon the first to occur of the (1) canplsti on of construction
Al
thereof, or (11) data for opening thereof for business as agreed to by the
'
Parties. The Allocable Shares of the Parties shall be than recomputed to
.'.
,•`
reflect the addition of such Initial Planned Floor Arad, as Specified in the
'
"
respec Uwe Separate Agreements.
Notwithstanding the foregoing. nothing to this Article is intended to
Itmit the maximum size of any Party's Store. In the event that any Party
i6
constructs or recons trusts more than One percent (16) in excess of its Initial
i;4
planned floor Area, all such construction Shall comply with the following
1 "'
conditions:
&m
r
1. It shall be located within sato Party's Stare Site as shun on
d "
d i
Exhlblt B.
2. It shall be constructed 1n accordance with the proVlslens of
Articles IV and IX, and to the extent spillable, Article VII.
p;
3. It shall not exceed the maxlmum height for such Store as shown on
Exhibit C.
1
4. such Party shall provlde, at its sola cost and expense, additional
1
L
Automobile Parking Area, either by adding land to Its Tract In a location
-43-
J
Description: Lane,ORDocuamnt - Year. LbclD [-1993] 1990.11883 Pager: 49-.f 155
Order: rrgaq C dxmmnt:
Deacription: Lorre, OR Document - Y ar. Wc1D f-1993] 1990.11883 Page: 50 of 155
Order: rrgrrg Coameent:
604LGL
901188'3
{.'
I7
1
approved by the Parties, or by constructicn Of a parking structure on Its
i�
Tract in a location and of a design and configuration approved by the
Parties and containing sufficient snowballs parking spaces so that there
Shall be the same ratio of autmi,119 parking spaces for the excess Floor
;a.
1i
Area as 15 provided for In Section C of Article X for the Shoopl.9
nSt
Center. The Autonnbl Is Pirkl ng Area for such excess Floor Area Shall he
5�
designed and constructed In accordance with improvement plans approved by
the Parties in tike manner as provltlttl in Articles IV, VI antl 1% for the
1kg
d
original construction of the Autonobile Parking Area. Such Party shall
&y
ma mtnin such additional Automobile Parking Area at its sole cost and
s;
d'n.
expense. or such mel me nie<I shall be performeJ by Developer pursuant to a,
*+�
Separate Agreeeent with Oeve lope, providing for Its maintenance by
Vk,
Developer at such Party's expense. Such additional Autonnblle Perking
S-
K-�
Area shall automatically, upon completion, becoml i Dart of the Gammon
Area, and It shall be beintalned to the same standards as set lords to
a,
Article X. In w event, however, shall any costs of Operation,
maintenance and reconstruction of such additl anal Automobile Parking Area
including Insurance, real estate taxes and assessAents be Included In
s I.
Carron Arta Maintenance Cost, notwithstanding that such additional
;P
Autbowbile Parking Area 15 Included In Common Are& under this REA.
i
Y`
B. HFIGNIS AND LDCATIONS. The heights of buildings in the Center shallAr
,wt exceed those specified In Exhibit C attached hereto and by this reference
,.
made a part hereof. Rooftop mechanical equipment shall be screened Fran
public vl ew Iran ad]ace nt public streets and highways and Ru tammhlla Parking
(„
Area within the Ring Road. except for visibility frau streets higher than the
roof of the buildings on which such mechanical equipment Is located. No
building or buildings or improvements, other than approved cemnon improvement
Pf
work, shall be erected or expanded On the respective Tracts of the Parties,
r.;
j
except within their respective Store Sites designated an Exhibit 8.
E
C. USES. Kellner the Center nor any part thereof shell be used, and no
building or other Improvement shall be constructed, maintained or used except
S5"
for retail, office and commerblal service establlShments common to first -el Ase
.
L
regional shopping centers In Oregon containing enclosed air conditloned &alis
and such other uses as are frau time to those approved by the Parties. Except
L
-44-
J
Deacription: Lorre, OR Document - Y ar. Wc1D f-1993] 1990.11883 Page: 50 of 155
Order: rrgrrg Coameent:
I-
-1
604LGL
soiiae3
for the Developer Non-Nell Store$, office use shall net Include a building
i
t
used primarily for general office purposes. Commercial service uses may
?.
Include financial Institutions, brokerage offices• restaurants, medical
clinics, dental clinics and similar out-patient health care services, a
ppp
[heath complex in the location shown on Exhibit B. travel and other agencies
(fk
and similar service establls hmenks.
o
B. paCHIBITIONs. No use or operation elil be made, conducted or permitted
'
yp
1st
on or with respect t0 all or any part of the Center, which use or operation Is
.l
obnoxious to or Out of harmony with the development or operation of a first-k.,'f
thn
class reit oval shopp l ng center con to In inq an enclosed at condi It honed mm l 1,
r
111
including BOC not limited tn, the following:
it
Y,
1. Any public or private nuisance.iCy
2. Any noise or sound that 1s objectionable due to Intermittence,
r,?}
3
beat, frequency, shrillness or loudness.
W"`
1'
3. Any obnoxious odor.
lar
q. Any noxious, toxic, caustic or corrosive fuel or pet.
Cr�<'
5. Any dust, dirt or fly an In excessive quantities.,.
'
j�
6. Any (Ira, explosion or Okhrt daw91n9 Or dangerous haxartl,
r }
including the storage, display or sale of explosives or fireworks.
Pi S.
7. Any warehouse (but any area for the storage of goods Intended to
he sold at any retell establishment In the Canter shall rat be deeme0 to
$�),I•
[..
be a warehouse). assembly, manufacture. distillation, reflnfng, smelting.
70(a
e
agriculture or mining operations.
' 4
I
B. Any mobile home or trailer court, tabor camp. Junk yard, hock
r
.I
yard or animal raising. Notwithstanding the foregoing. pet shops w111 be
permitted within the Center. provided that such shops shall be so
J
sp
conducted that there shall be no violation of the other prohibitions of
gg
p
this Section by reason of the cepa ra[1on of such shops.
9. Any drilling for and/or removal of subsurface substances.
10. Any dumping of garbage Or refuse.
'•.
11. Any veterinary hospital, bowling alley, mortuary or similar
service establishment.
L12,
Except If located to the Developer Non-Hail Store, any commercial
laundry. laundromat, or dry-cleaning plant.
13. Any automobile body and fender repair work.
L_
-45-
Description: Lane,Dlt g uxmwxnt - Y ar. CoclD f-1993] 1990.11883 Pager: 51 of 155
Ozder: rrgrrg Conurunt:
L
604LGL
9011883
E. NON-INTERFERENCE WITH COMMON AREA. No selling or retail activity shall
be conducted and no merchandise or services shall be displayed, sold, leased,
stored or offered for sale or lease outside the physical limits of Floor Area,
either from temporary or permanent installations (Including pushcarts) other
than (a) from klosks, If any, as provided In Section F of this Article, and
(b) In connection with special center -wide events sponsored by the Center's
Marketing Fund approved by the Majors, which events shall not be held within a
radius of seventy -flue feet QS') from any Enclosed Mall entrance of a Major.
All such special events shall be conducted (i) In good taste, adhering to the
standards of a flrst-class regional shopping center, cit) so as not to inter-
fere with the use of, access to, or the visibility of the entrances to the
Storo of each Major, and (iii) so as not to materially loped, or interfere
with circulatloo of padrstrlans with%. the Enclosed Mali, the use by Permit-
tees of the Enclosed Mall, or Ingress and egress to store entrances located
within the Developer Mall Stores.
Outdoor selling will not be permitted in the Center unless consented to b)
each Major and the Developer.
F. KIOSKS. No kiosk nor any form of obstruction (except Enclosed Mall
amenitles that are shown on the approved improvement plans) shall be located
the Carron Area. except as specifically shown on Exhibit B. Any klofk locate
In the Enclosed Mail shall be within the area designated as "Permissible Flail
Area" on Eebibit S. The kiosks herein permitted by designation on Exhibit B
shall be subject to a .ono n height of eight feet IS') and shall not be
larger In Floor Area than shown on Exhibit B. No food sales for consumptlon
on -premises shall be permitted from any klosk, except (1) to the Food Court
Area as designated on Exhibit B and (it) for the sale of dry food or nuts and
packaged Food.
G. FENCES AND OTHER OBSTRUCTIWS. in, fence, structure or other obstruc-
tion of any kind (except as Indicated on Exhibit B, or except for decorative
features and customer conveniences as shown on the final plans for the
Developer Improvements or the final improvement plant for the Co., Area)
shall be placed, kept, permitted or maintained upon the Common Areas without
the prior written consent of the Parties.
-a6-
Deacrdp,±.: Lane,OR Document - Y .yb D f-1993] 1990.11883 Pager: 52 of
Ordar: w Cconsent:
L
604LGL I
soiise3 I.
H. COMMON AREA CHANGES. Except as otherwise provided to this REA. no $
changes Shall be made to the Common Area or in the location or design of the
IF
common Improvement work on a Tract prior to the Termlmatlon Date as to such I�
Tract without the prior approval of the Parties, except for minor changes to
1Q, amenities and landscaping adjacent to each Party's Store or within the
U Enclosed Nall.
/ ARTICLE IM.
G511FRAL CONSTRUCTION REOUtRENENTg
A. INTERFERENCE BY CONSTRUCTION. Each Party severally agrees to use Its ,
1 reasonable efforts to perform and construct work performed by It (1) so es not w)
� r
to cause any Increase In the cost of constructing the remainder of the Shopping ; r,
Center Site or any part thereof, (11) so as not to unreasonably Interfere with
m3�s any construction work being performed on the remainder of the Shopping Canter =
Site. or any part thereof, or (1fU so as not to unreasonably Inter/era With
x�r and ml rel ml ee disruptions of the use, occupancy or enjoyment o4 the remainder
q' of the Shopping Center Site or any Dart thereof by any other Party, and any x ,ir,.
i7.
._ other Occupant of the Shopping Center Site, and the Permlttau of any other P _
}y` Party and such other Occupants.
ye
Each Perky severally agrees to defend, Indemnify and hold each other Patty
h
p
J, harmless from and a9al rest all claims, Including attorney's flee, resulting -
Ev from any accident, Injury, loss or damage whatsoever occasioned to any natural
ryry Person or to the property of any Person ds shall occur by reason of the _
pperformance of any such work by such Party. -p
B. CONSTRUCTION BARRICADES, Each Party erectlny. restoring or construct-
{. Ing any building not yet enclo504 with exterior building materials or other @" r
SI —
q; Improvements after the Opening Date shalt erect and construct a solid fence at r
L1
least eight feet lB') In height, surrounding the bullEl ng or buildings or �, W ,-
Improvements so being constructed. Such construction fence shell be kept In 1 k
place, In good condition and repel,, until the building or Improvements soFF
f '
being constructed are safe and otherwise Secure from unauthorized lotruslcm.
Any solid fence shall be painted in colors approved by the Project Architect
L and shall be architecturally ccasnatlbl, with the balance of the Shopping 3 e
Center. The same requirements shall apply during any work of repair or {
restoration under Article MIT If other Floor Area IS being Operated during ^
such time period.
_4T-
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soiiee3
C. CONSTRUCTION STAGING AREAS AND SCHEDULE. Prior to the commencement of
any work performed by any Party, each Party shall submit to the Project Archl-
tect and to each other Party for approval: /t) a plot plan of the Center
showing the buildings or other Improvements to be constructed, utility conned
tions, material and equipment storage sites, construction shacks, staging areas
and other temporary Improvements, including access and construe tl on roads and
+ temporary utilities, and workmen's parking area: and (it) a time schedule, In
reasonable detail as to each component of such work Indicating the approximate
data or dates when such construction, Including on-site cork and Dad prepare -
tion for each Major, shall commence and be canplated, including the date or
�q dates upon which each portion of the Center used for the Purposes referred to
M In the preceding subdivision (1) shall cease to be so used by such Party.
+t Within twenty (20) days after the receipt of such plot plan and such time
i
schedule, each Party shall notify the Project Architect and the Party submit -
line the Same whether the same are approved or disapproved. specifying the
reason therefor If disapproved, provided that, If the submission Compiles with
m'
�ql the cavo lrements of 'Action f of Article zzix, s failure to gl va such notice
1'! shall constitute approval thereof by the Project Architect. if any Party or
Ii-EY1 the Project Arthl tact shall disapprove the plot Dian and/or the time schedule
(specifying the reasons for such tlbapproval), the Party submitting the same
shall promptly revise the same In only those respects that the disapproving
Party or the Project Architect shall reasonably request as requisite to Its
' approval puri uan[ to the Standards contained In this 0.EA.
"r D. WORKMANSHIP. Each Party agrees that any and all construction performed
hereunder by such Party shall be done In a good and workmanlike manner, with
first-class materials and In accordance with all applicable laws, rules,
ordinances and regulallons. Subject to Section f of this Article, each Party
stall pay all costs, expenses, liabilities and (lens arising out of or In any
way connected with such construction. Developer shall, upon demand, deliver
to the other party or Parties demanding the same, evidence of completion of
its work in compliance with all applicable laws, ordinances, regulations and
rules In accordance with the final Improvement plans, approved pursuant to
Article TV, and that all such casts, expenses, liabilities and liens arising
out of or In any way connected with such construction have been fully paid and
aR-
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Order: rrgsrg Comment:
7
0
60CLGL
.9011883
discharged of record, or contested and bonded, In Mich event any judgment or
other process Issued in such contest shall be paid and discharged before
_ execution thereof. Nothing hereln shall be deemed to prohibit a lion granted
pursuant to a Mortgage.
;z E. COORDINATION, Each Party, as respects the construction It Is to
perform, shall use all reasonable efforts to cause its architects and
u contractors to cooperate and coordinate Its construction with the architects.
ofcontractors and construction work Of the other Parties to She extant reason-
f'i ably practicable, to aahva
leva the objectls sat forth to Section C of this
Ar ti L a.
p�F. MECHANIC'S LIENS. In the event any mechanics' lights are filed against
! the Tract of any Party, the Party permitting or causing such lien to be filed
I,p hereby covenants either to pay the same and have It dlscharged of record,
#r promptly. or to take such action as nay be required to reasonably and legally
iObject to such Ilan, or to have the Icon removed from such Tract, and In all
Y
events agrees to have inch Igen discharged prior to the entry of judgment for
foreclosure of such lien. Upon request of any other Party, the Party permit -
fine or causing such lien to be filed against &mother Party's Tract agrees to
yy furnish such security or Indemnity conforming to this PEA as may be required,
to and for the benefit of such other Party, or any tltla Insurance company
designated by such other Party, to permit a title endorsement to such Party's
title policy to be issued relating to such Party's Tract without showing
thereon the effect of such lien.
G, CONSTRUCTION INDEMNITIES. The Parties each severally covenant and
agree to Indemnify. defend, and hold harmless each of the other Parties and
their respective Tramts from and against all claims and all costs, expenses,
damages. losses and liabilities (Including reasonable attorneys' fees) incurred
In connection with all claims. Including any action or proceedings brought
thereon, arlsing from or as a result of any ak[haniPs or me terial men's lights,
stop notices, or other claims regarding materials supplied or work performed.
Or the death of, Or any accident, Injury, loss or damage whatsoever caused to
L any natural person, or to the property of any Person, as shall occur by reason
of the performance of any construction by or at the request of the ludemaltor,
except for claims caused by the negligence or willful act or omission of the
L
Description: Lorre, OR Document - Year.lbclD [-1993] 1990.11883 Page: 55 of 155
Order: amg Commient:
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f
6O4LGL
9U11883
Indemnitee, Its licensees, concessionaires, agents. servants or emPIOyees, or
any agents, servants or employees of such licensees or concessionaires where
the same may occur.
The Indemnitee shall give the Indeawltor notice of any suit of proceeding
entitling the indemnitee to Indemnification pursuant to this Sactl on and the
Indemnitor shall defend the indemnitee In such suit or proceeding with counsel
approved by the Indemnitee.
ARTICLE X
OPERATIONA A:NiENAN[E DF EXCLOSrg
116LLANP- UH-CUBM M.AHE6
A. ENCLOSED HALL - STANDARDS. iron and after the date upon which the
Enclosed Hall is required to be open and to be 0" rating pursuant to the
provisions of Section D of Article V, Developer shall operate and maintain, or
cause to be Operated and maintained the Enclosed Hall 1n good order, condition
and repair, without expense to any Major, except as set Porth in the Separate
Agreements between Developer and each Major.
Nlthout limiting the generality Of the fpregoing, Developer snail observe
the following standards In the maintenance and Operation of the Enclosed Mall,
which standards shall, at mmlmue, be consistent with the practices prevailing
In the operation of similar ono -level first class regional shopping centers In
the State of Oregon:
1. Maintain the surface thereof smooth and evenly covered with the
type of su rfaclu; material originally Inttalled th.,ec , or such
substitute thereof as shall have been approved by the Partles.
2. Remove all papers, debris, filth and refuse and wash or thoroughly
sweep the surface of the Euctosed Mall.
T. Clean lighting fixtures. eel ntalm and relamp as needed.
4. Maintain the Nndsoaptng in a first-class, thriving condition.
5. Maintain all signs (excluding those of the OC(UPants) In A clean
and orderly condition, including relamping and repairing as may be
required.
5. Employ courteous and profess local security personnel to Patrol the
Enclosed Mali, In adequate numbers and during store hours, and such other
hours, as may be prudent for the safe and orderly Operatic' of the
Enclosed Hall,
,a-
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a
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9011883
{�,{? 7. Maintain and keep in a sanitary condition any public restrooms and
other common use facilities theYete.
e. Clean, repair and mal "fain all utility systems that area part
V thereof.
if
n� 9. Clean and �malntatn the structure of the Enclosed Nall, the roof,
' 3 a
skylights. call surfeits, doors, automatic door OPeners and other
appurtenances thereto.
10. Maintain the fire protection. Mating, ventilating and cooling
system and the mechanical and electrical systems thereof In good order,
j condition and repair, so that at all times the same shall operate within
&H
the standards prescribed in this AEP.
kA N. COMMON AREA EXCLUDING ENCLOSED FALL - STANDARDS. Prior to the later Of
(i) the date of the completion of construction of the COmmn Area (eaclusiae
of the Enclosed Na1D, or (ii) the data when a contractor Is no longe required
to perform the maintenance thereof, but In no event later than the beginning
of the first Accounting Period. Developer shall Operate and me Intal" Or Cause
z
to be Operated nM maintained the Common Area on all Tract$. In good ordeh
xl condition and repair.
Nlthout limiting the generality of the foregoing, Developer shall observe
sthe following standards in the maintenance antl operation of the Common Arae
(exclusive of the Enclosed Hall), which standards shall, It mini mum, be
consistent with the practices prevailing in the operation of similar one -level
first Nass regional shopping centers In the state of Oregon:
,q 1. Maintain tA@ surface of the Automobile Parking Ared and Sidewalks
,a
(excluding Perimeter Sidewalks) level, smooth and evenly covered NM the
type of surfacing material originally Installed thereon, or such
substitute therefor as shall be in all respects equal the10t0 In quality -
appearance and durability.
2. Remove all papers, debris, filth and refuse from the Center and
wash or thoroughly sweep paved areas as required.
7. Maintain, repair and replace such appropriate Automobile Parking
Area entrance, exit and dlfeotl opal signs, markers and lights In the
LCenter as shall be reasonably required.
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Order: agar, COnworst:
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604LGL
901188,9
l
4. Clean calntln Area lighting fixtures of the Center (but not those
belonging to premises of 0¢upants) and relamp and reballast as needed,
and Illuminate or cause to be illuminated the Common Area as required In
1
,-
d
this REA.
i
5. Maintain and repaint striping, Markers, directional signs. etc.,
i
,®
'J
and repair and replace same as necessary to ma lntaln In first-class
Y
condition.
1
,
6. Maintain landscaping as necessary to keep In s first-class,
6.
i
lq�
thriving condition.
�(
g. Clean signs of the Center (but not those of occupants), includingI
ji,
■re
lanptng and repairs as needed.
8. Employ courteous and professional security personnel for Common
yp
Area patrol, in adequate numbers, and during store hours and such othert�
J
hours as are prudent for a safe and orderly Operation of the [onanbn Areas
&�
Clean, repair and maintain all utility systems that are park of
.the
,.�9.
'i
yi
Gammon Area to the extent that the same are not dadned, repel rod and
`
maintained by public utilities.
e_l
�I
10. Maintain or cause to be maintained the parking requirements In
with the standards set forth in Section C of this Article.
accordance
11. Remove all snow, Ice and sleet from the surface of the Automobile
,SI
F,5
Parking Area and sidewalks (including Pert meter Sidewalks) as necessary.
C. AUTOMOBILE PARKING RATIO AND STANDARDS. Subject to Article XVI,
s
.b
Developer and each M6301 shall have available Nthin the Wcneoblle Parking
f�
Area on their respective Tracts, at all times and after completion of
jam
construction thereof, not less than 5.0 automobile parking Spaces for each
1.000 square Peet of Initial Planned sl con Area on their respective Tracts,
,
j.
all In conformance with the parking layout as shown on Exhibit B.
i
,a
Subject to the applicable requirements of any governmental agency having
3orisdlctlon aver the Center, each parking space, regardless of angles of
parl.ing, shall have a width of nine feet (9') on center, except fpr compact
C" '
i
car spaces which may be eight Peet (e10") on center, measured at right angles
�
to the side line of the parking space. Ali compact at spaces shall be 1n the
1
.
Llocations
shown therefor on Exhibit B and shall not exceed 1, number ten
percent (IM) of the total parking spaces within Automobile Parking Area.
L
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Description: Lann,OR Document - Y ar. Ibc1D [-1993] 1990.11883 Page: 59 of 155
Order: wgwq Coanrnnt:
604LGL
soiiee3
�;
Parking lanes or bays (which include two [21 rows of parking spaces and
incidental driveways shall have the following widths, at the angles of parking
designated below:
'b,.
D.nreea H1dthe
60- SS' (one-way drIsO alsles)
e
90' 60(two-way, drive aIslas)
Each Party severally agrees with the others to take no action which would
ej
reduce the parking rail os bel ow those Specified herein.
n•
From and after the required data of Comp letlon of each portion of the
a
dutomoblie Parking Area pursuant to Article VI and during any period when any
L¢
Major's Store Is open for business and for not lass than one hour after the
r�t
re.
Halon snail close, Developer will Operate and keep or cause to be kept the
n9
141
:.
Automobile Parking Area lighted and opened to the public. Subject to its
Separate Agreement, any Party operating after t; 30 P.N. shall pay for the
y
cost of lighting the Codman Area after 11.3D P.M. In the ratio that the
r
'y
Initial Planned Floor Area of the Party to Operating bears to the Initial
1 '
Planned Floor Area Of all Parties Operating after 11:30 P.M.; provided.
• r'
however, that nothing contained herein shall prohibit Developer from
collecting such cost from any Occupant that requires that all or any portion
ly;
.0%..
Irl
of the Common Aro be lighted after 11:30 P.N.
0. INDEMNITY, Developer agrees to IndemnlfY, defend, and hold harmless"
e
all Parties. and their respective Tracts, from and against any mechanics',
$d '
miteriaime n's and/or laborers' liens. and all costs, expenses and liabilities
,
In connection therewith, Including attorneys' fees, arising out of the,
-
msintenance performed by Developer In respect to the Common Area, pursuant to
the provisions of this Article (whether performed prior to or after the
$Yu
execution of this REA). In the event that the Tract of any Party shall become
r, l
sObject to any such lien, Developer shall at the request of such Party
�.
Promptly cause such Ilan to be released and discharged of record, either by
s
paying the Indebtedness which gave rise to such lien, or poi ting such bond or
'
(.
other security as shall be required by law to obtain such release and
discharge, and, In any event to have the lien discharged prior to the entry of
judgment for foreclosure of such Fish.
L_
-53_
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Description: Lann,OR Document - Y ar. Ibc1D [-1993] 1990.11883 Page: 59 of 155
Order: wgwq Coanrnnt:
L
604 LGL
9011883
The Indamultee shall give the indemnitor notice of any suit or proceeding
entitling the Indimnitea to Indemnification pursuant to this Ell and the
Indemnitor shall defend the Indemnitee In said suit or proceeding with counsel
approved by the Indemltes.
� Ca E. PARKING REGULATIONS. No charge of any type shall be each to or
collected from any Occupant, or the Permittees of any Occupant, for parking,
yyG�d or the right to park vehicles In the Automoblle Parking Area. akcept such
p Common Area maintenance charges as may be provided for in any agreement with
any Occupant. the Permittees of any Party shall not be prohibited or prevented
from parking In the Automobile Parking Area In accordance with the applicable
requirements of this REA $o long as space is available In the Automobile
Parking Area, and so Iona as they do not violate the reasonable rules and
regulations covering the use of the Automobile Parking Area promulgated from
time to time by the Par tl es. The Parties shall, by wtuas agreement, pre s[rt ba
iu
certain sections within the Automoblb Parking Area. or on other land ou tslde
the Center within a rationalist. distance from the nearest boundary of the
Center, for use as parking space by the Occupants of the Center, and the
employees, tenants, agents, contractors. licensees and conte ssl ontl res of such
Occupants. In the absence of such mutual agreements, each Party shall require
Its Occupants and the employees, agents, contractors, licensees and condos-
,� stomal res of such Party and of sato Occupant to use only sections prescribed
for parking which are located more than in... hundred feet (3000 from any
store fronting on the Enclosed Nail, unl aes the consent Of the Party whose
Store Is located within said three hundred feet (300') distance has been
obtained. Each Party shall require Its employees and the employees of its
Occupants, agents, contractors, licensees and eonceesionalres to Pee only such
sections as are so proscribed for parking. Each Party agrees to use reasonable
efforts to enforce the provisions hereof with respect to Its Tract.
F. PAYMENT OF COMM AREA MAINTENANCE COST, The Separate Agreements
Detween Developer and each Major provide for the payment by each Major of Its
Allocable Share of the Cowman Area Maintenance Cost Developer shall malntaln
complete books, invoices and records In accordance with generally accepted
Laccounting principles and In such a manner es to accurately cover and reflect
Separately all eo51S Incurred for the maintenance, repair and Operatol Of the
-5a-
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Order: agog Cmemmnt:
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J
604LGL
9011883
and all items affecting Common Area hereunder, 9 or entering Into determination
of the respective Allocable Share o4 each Party for each Accounting Period,
1 and shat) keep the sane for a period of three (3) years after the end of such
Accounting Perlod. Mlthin ninety (90) days after the close of each Accounting
Period, Developer shall deliver to each Party n complete and Itemized state-
ment, certified by Developer, of the Capron Area Maintenance Cost together
wl th supporting data In sufficient de tall, and beck -up docurentatlon therefor.
G. BUDGET. At least ninety (90) days prior 40 the commencement of the
'I second Accounting Period and each subsequent Accounting Period, Developer or
tl any Now Operator under Seed on I of this Article shall submit to each of the
other Parties which are then open for fastness or will open for business
during the next succeeding Accounting Period, a proposed annual budget of the
Common Area Maintenance Coit for such Accounting Pe rlad. E4eh such Party
shall approve or disapprove such budget in writing within thirty (30) days
after Its receipt. If ail of such Parties shall approve such budget, It shed
f� go Into effect and be binding upon all Parties, if any such Party shall
disapprove such budget, It shall communicate In wrl ting such disapproval to
41
Developer or the New Operator, as the case my be, and each other Parley
Ti
specifying the grounds for such dl sappraval. Thereupon, Oave leper or the New
t -k Operator shall call a meeting to attempt to resolve the differences, such
meeting to he held within forty-five (4S) days after receipt by each Party of
i the original budget submission, if such differences are Prot resolved at the
metlog, the proposed budget shall be deemed approved if (1) the amount of the
proposed budget does not exceed a ten percent 001) Increase over the budget
last approved by all of the Majors (and the Developer if a New Operator Is
Operating the Common Area pursuant to Section I of this Article provided that
In such event the Developer my not unreasonably withhold or delay such
approval), or (it) the amount of the proposed budget exceeds by more than ten
percent (101) the current budget and is approved by one of the parties and at
least one of the other Majors. If a budget shall not be approved or deemed
approved as hereinabove provided, Developer (or the Now Operator) shall
L nevertheless continue to Operate and maintain the Common Area for the first
ninety (9o) days of the next succeeding Accounting Period on the same
budgetary bests as though the Parties had readODtsd the then current budget.
L -55-
Deacription: Lane, OR Dmcuannt - Y a,.IAwc1D f-1993] 1990.11663 Pager: 61 of 155 —
Order: vng Cmssurst:
I
F_
604LGL
soisea3
During said ninety (90) day period. the Parties shall use their best efforts
r! to agree oa a budget. If, with respect to any Accounting Period, no budget
has been approved or deemed approved by the and of the aforesaid ninety (90)
day period, each Major shall pay to Developer for the remainder of any such
Accounting Period on account of its Allocable Share on the Same budgetary
J1 basis as though each of the Parties had readopted the then current budget. The
provisions of this Section partalning to payments by each Party to Developer
II�R on account of Its Allocable Share shall be subject to the respective Separate
f` Agreements between each Major and Developer with respect to the payment of
;C, their respective Allocable Shares.
N. AUDIT Each Party shall have the right, exercisable upon upon at least
Pf
five (51 tlayf' prior motto to Develop,, at any time within the thea (3) year
period (subject to Its Separate Agreement) such books and records must be
'iy retained, to audit as to each Accounting Period such hooks, invoices and
records as are relevant to the computation of Coon Area Maintenance Cost As
set Porth on any such statement or statements. In the avant that any audit
°{ shall disclose any error in the determination of the Allocable Share of any
Party of Partial, appropriate adjustment and payment or reimbursement, of the
case may be, shall promptly be made between the Parties to correct such error.
in addition, if any such audit shall disclose an error of two percent (2%1 or
more In the determination of the Allocable Share of any Party. Developer shall
promptly reimburse to the Party undertaking such audit the cost of such audit.
Which relnbursement shall not be charged to Common Area Maintenance Cost.
Books antl records relating to Enclosed Mali operation and Maintenance
Expense shall be kept separately from books and records relating to the Common
Area Nel ntenance Cost, antl In such manner accurately to reflect the allocation
ILI
it. of costs between Common Area Maintenance Cost and Enclosed Mall Operation and
Maintenance Expense.
1, TAKE-OVER Or MAINTENANCE. for purposes solely of this Section, the
term "Operator" shall mean the Developer or any New Operator Operating the
Common Area under this Section. In the event that Target shall at any time,
or from time to time, be dissatisfied with Operator's performance of Its
L obligations under Section B of this Article (l ncl ntlt ng the expenses of the
maintenance and Operation), Target shall have the right to give Operator
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Ozdec,: rrgmg Ccamient:
Deacriptmcas: Larne, OR Document - Year. IIOCID f-1993] 1990.11883 Pam: 63 of 155 —
Ozder: wn,m'4 Commient:
604LGL
9U1188'�
Ir�':
+
written notice of such dissatisfaction, specifying the particulars to respect
of which Operator's sold performance Is deemed by Target to be
unsatisfactory. If, tluring the slaty (GO) day period from the date of such
All,
notice, operators said performance shall continue to be unsatisfactory,
..
Target shall have the right to glue Operator a Second thirty (30) day notice
of such dissatiafattion, specifying the particulars in respect of which
aU
Operator's said performance Is deemed by Target to be unsatisfactory and, If,
during the thirty (30) day period from the date 01 such second notice.
r
Operator's said performance shall continue to be unsatisfactory. Target shall
ffi
,�■
I'
have the right t0 cause t0 be taken over from Operator the maintenance and
y
°!
,
Operation of the Common Area by appointment and designation to be the
r�
03
substitute operator (--New operator-) of either one of Target or of an
P
Independent firm experienced In the management and operation of regional
;
shopping centers, effective on the first day of the next succeeding calendar
r
`
month, Anything herein to the contrary notwithstanding, such take-over of the
j -
b
maintenance, management and Operation of the Common Area shall not lU
m
lk�
obligate Target to pay any cost or expanse In respect of the malntenanct,
;
management and Operation of the Carron Arab, excePt Its respective Allocable
Share (which shall continue at all times to be governed by the prooslons of
}
Section 8 of Ar ticla I), or Hit relieve Target of its obligation to pay Its
w)I
t
reapective Allocable Share.
t{
Each Major covenants and agrees to pay promptly to the Now Operator, upon
demand, any sum which such Major shall be obligated to pay to the New Operator
qT
pursuant to this Section. In the event that the maintenance, management and
a
!�
Operation of the Comrmn Area shall be performed by a New Operator other than
Developer, and Developer shall have failed to make the payments herein required
to be made to the New Operator, the other Majors shall cause the New Operator
to give Developer written notice of delinquency and If payment Is Trot made by
'
Developer within ten (10) days after receipt of such written notice from New
operator, then any and all sums payable to Developer by any and all occupants
of the Center in respect of Its or their pro rata shares of Common Area
Maintenance Cost, as specifically defined herein, exclusive of any taxes
Lcollected
by Gavel man from Occupants on the Developer Tract It nc l ud s ng the
Allocable Shares of each respective Major, as the case may be), together with
L
-5T-
J
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Ozder: wn,m'4 Commient:
604LGL
9011883
the right to enforce payment of and to collect the same shall be deemed
assigned to the New Operator without the necessity of the axe cuH on of any
further Instrument of ass lgnment thereof by Developer, other than this REP;
.4 and the New Operator shall thereafter remain responsible for such maintenance,
management and Operetlon of the Common Area until another Operator shall resume
i
or take over the maintenance, management and operation of the Common Area, or
Iportions thereof, pursuant to the provisions hereof. Any assignment shall be
I
C: limited to the payments for the Coneun Area so maintained by such New Operator.
Notwithstanding the 4oregoing, any notice of default given pursuant to
this Section shall be earl Usive of that portion of the Omnion Area within the
�ta Enclosed Mall, as Is covered by the Enclosed Nall Operation and Maintenance
v
Expense. Developer $11,11 continue to maintain and Operate the Enclosed Nall.
�j j. NITNDRAMAL OF TRACT. If one (U or mora perticlpating Majors aro
Y'. dissatisfied with DOVBIOpaPs performance of Its obligations under Section B
of this Article (Including the expanses of Common Are. Maintenance Cost) antl
hk have given the required notice, and a New Operator is not obtained In
accor-dance with the provisions of Section I of this Article, each of such Majors
shall have the right to give Developer written notice of such dissatisfaction
(elhh a copy of such notice to each of the other Parties). specifying the
of particulars In respect of which Developer's performance Is deemed by such
Major to be unsatisfactory. If, during the thirty (301 day period from the
.r date of such notice, Developer's performance shall continue to be unsatis-
factory. such Major [hall have the right to give Developer a second fifteen
05) day notice of such dissatisfaction (with a copy of such notice to each of
la the other Parties), specifying the particulars in respect of which Developer's
performance Is deemed by such Major to be unsatisfactory, and If, during the
fifteen (15) day period from the date of such second notice, Developer's
performance shall continue to be unsatisfactory, such Major shall have the
right to either" the Common Area on Its Tract from maintenance and Operation
by Developer and to separately maintain and Operate the Common Area on Its
Tract In Ileu of maintenanoe and Operation thereof by Developer: provided,
hoeeveq such notice sbell be effective only as of the last day of A calendar
L.Srter. Any such withdrawal shall not effect the agreements herelnabove
provided or the Separate Agreements with respect to the other Majors not 1.
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Order: s+9mY Conesent:
F-
L
7
604LGL
9011883
terminating the arrangements with Developer. The withdrawing Major agrees
9-
that effective upon its withdrawal of Its Tract it will perform all of the
functions of Developer set forth In this Article with respect to the Common
Areas on its Tract, and pay allcosts and expenses in connection with the
Operation and maintenance of the Common Area on Its Tract; provided, however,
k
in no event shall any Major so withdrawing have the right to perform the
1
security function of the Developer, which shall at all times be performed by,
{2
Or on behalf of, Developer.
In the event a Major withdraws Its Tract as herein provided, It shall have
`
no obligation to reimburse Developer for Gammon Area Maintenance Cost, other
than for services or functions performed by Developer with respect to tM
{{ u
Common Area which cannot be separated or divided by the dlvislon of r.,00nsl-
g,
bility for Common Area maletenance and Operation, such as Utilities, security
i
patrol or Insurance. The withdrawing Major shall continue to pay Its Allo-
cable Share of the Common Area Maintenance Cost comprised in such joint
x
v�
services or functions, subject to such Major's Separate Agreement. The with-
drawing Major shall otherwise perform the maintenance and Operation of the
.q,•
Common Area on its Tract without cost 01 expense to the other Majors.
In the event a Najor vl thdrars its Tract at herein prmvl0ed, Developer
'-
shall continue to maintain In effect a single policy of Ilability Insurance On
sib
all of the Common Area In the Shopping Center as specified in Section C of
Art l Cie XI. to the extent such single poi l cy of Ilab$l l ty Insurance Is then
available, and the withdrawing Major shall pay Its Allocable Share of the cost
sf
of such single policy of insurance, excluding, however, any premiums for
Insurance on the Enclosed Mall, as specified in khB preceding paragraph.
1
ins
Developer shall refund to the Major so withdrawing the full amount of any
payments made by It as Its share of the cost of me inhnance and operation of
the Common Area covering a period of time subsequent to the a/fp[Uw date of
such withdrawal of its Tract and Shall also refund to such Major Its Allocable
mr,
Snare of the unamortiz¢d vel u¢ 04 Common Area maintenance equlpmenq deducting
therefrom such Major's Allocable Share of the (1) cost of runctfans and/or
services which Developer continues to perform or furnlsh, if any, as above
provided. (tU tM1e premiums for the single policy of lnsurante, If any, as
�
above provided. and (111) the cost of sec Url ty patrol and ut Ili fres. Payment
-59- 1
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Order: wSwq Coamient:
F
60ALGL
9011883
F7':
OF such amounts shall be vada to such xajar within thirty (30) days after site
effective date of such withdrawal.
K. RIGHT OF MAJOR TO REAPPOINT DEVELOPER. Notwithstanding that a Major
S
has withdrawn its Tract from joint Common Area mintenance and Operation
e
ry pursuant to Section N of this Article, such Mellor my cause Developer
subsequently to reauume Operation of the common Area on Its Tract, but only
upon satisfaction of all of the Pollovin9 Conditions:
1e: (a) The Major shall have been been operating the Comegn Ares on Its
'M Tract for at least twelve (12) months;
`74 (b) Such Major or Majors shall give at least ninety (90) days prior
` notice to Developer and the other Majors of Its Intention to cause
Developer to Operate such Carron Area;
(J Such Major or Najors Snell designate in the notice de S<rl bad In
L¢
Paragraph (b) above the date upon Mich It desires Developer to commence
'jI or recommence Operating such Common Area, which data: cU shall be An
earlier than ninety (90) days after receipt of said notice by Developer
+ and such other Parties, and (11) shall be the beginning of an Sceeunting
Period guar to r:
„j (d) Such Major shall, at Its sole cost and expense, cause the Conran
Area an its Tract to be brought to at least the same standards o/
%:T''� malntenance, repair and condition as than exists for the balance of the
Conowen Area to the Canter prior to causing Developer to Operate the Cammon
Area on Its Tract: and
(e) Any Major no has withdrawn Its Tract and subsequently elects to
have the Common Area Operated by Developer, agrees that it will not
withdraw (pursuant to Section J of this Article) from such maintenance and
Operation for a period of two (2J years following the recamanceme rt of
such maintenance and Operation by Developer.
(f) Such Major shall, concurrently with such r,S.Pptl on, resume
performance of Its full obligations under Section F of this Article, and
shall be released of Its obligations contained above In Seplton J of this
Article, Wait for claims arising from acts, omlislons or occurrences
Lwhich occurred during the Period that the Major was Operating the Common
Area on Its Tract.
-60-
Description: Larm,OR Down cal, - Yaan. DJc1D f-1993] 1990.11883 Pager: 66 of 155
Ondar: on mg ccoamment:
a
J
F
604LCL
Description: Larre, OR Document - Yea=. IsmoCE, f-1993] 1990.11883 Page: 67 of 155
Order: rrgwq Comment:
�xiae3
L. PERlNEiE0. StDENALKS. The operation, repair and maintenance (Including
'
cleaning, sweeping and maintenange of landscaping) of the sidewalk and
lighting portions of the Perimeter Sidewalks shall be Included In the cost of.
maintaining the COemm, Area but mo Other costs relating to the Perimeter
a
Sidewalks shall be included In such costs. Specifically, the cost of
i
regia[ ny or regal rt nq the landscaping, planter boxes. screening walls and
sl mi ler amenities, Iantlicdpe Irrigation systems and landscape drainage systems
which are within Perimeter Sidewalks shall not be Included within the coats Of
,y
maintaining the Common Areas, and said Items within Perimeter Sidewalks shall
be Installed, constructed, repaired, and replaced a4 the sole cost and expense
y
i
of tM1e Party upon whose Traci the soma may exist from time to time,
'5f
44
h i
ARTICLE IT
�b
I9ExN1PICATION AND PUBLIC 11AgILS TY IXSINAxLE
4(,
if ^.
A. INDEMNITY - LgLNDN AREA. Developer or any Major that takes over the
h
..�
ill
me lntemance, management and operation of Its Tract as provided In Section K of
P
{;
Mtltle %, covenants to defend, and dws hereby, indemnify and hold harmless
each other Party, respectively. from and against all claims and all costs,
yQ
expenses and liabilities (Including reasonable attorneys' fees) incurred in
}l:
connection with all claims, Including any action or proceedingf brought
thereon, arising from or as a result of the death of or any accident, injury,
>f
loss or damage whatsoever caused to any natural Person, or to the property of
l�
any Person, as shat) occur 1n or about the [ammo Area being mai nta lned by
such Party. A Party shall not be entitled to such lndemnlficatlon for damage,'
caused to such Party by reason of its active negligence or willful act or
nalssion or by reason of Its acts which are an occurrence that le excluded
from coverage under the Insurance referred to In Section C of this Article.
The Indemnitee shall give the Indemnitor notice of any suit or proceeding
I,
entitling the indfmnitee to indemnification pursuant to this Section and the
i
Indemnitor shall defend the Indemnitee in said suit or proceeding by counsel
approved by the Indemnitee.
g. INDEMNITY - TRACTS. Each Party, severally, covenants to defend, and
does hereby, Indemnify and hold harmless each of the other Parties from and
L
against all claims and all cost,. expenses and liabilities (including
reasonable attorneysfees) Incurred in connection with ell claims, lnclutllng
L
-61-
J
Description: Larre, OR Document - Yea=. IsmoCE, f-1993] 1990.11883 Page: 67 of 155
Order: rrgwq Comment:
604LGL
aoiisa3
any action or proceedings brought thereon, arising from or as a result of the
death of, or any accident, injury, loss or damage whatsoever caused to any
natural Person, or to the property of any Person, as shall occur on Its Tract
except for cl al ms <U Indemlfl" against as provided for In Section A of this
Article, or (it) Insured agalnst by the Insurance referred to In Section C of
this Article (but only to the extent of Such Insurance), or (111) caused by
the active negligence or 0)Iful Oct or omisslon of each Interim Mad Person,
Its licensees, concessionaires, agents, servants or employees or any licensee
or concessionaire of the agents, servant% or employees wherever the same may
-62-
NJ
Deaoription: Laare,OR Docramrnt — Yea=.IbalD f-1993] 1990.11883 Papa: 68 of 155-
-- _-- - -- - —'
Order: rrgmq Coamient:
occur.
s'.
The Indemnitee Shall give the lademltor notice of any suit or PYpfeeding
entitling the Indemnitee to Indemnification pursuant to this Sectlon and the
p"
R
Indemnitor shall defend the InOYMltee in Said suit or proceeding by counsel
approved by the Indam ltay.
e
C. CDM IR AREA LIABILITY INSURANCE. D,veIOP,r shall at all applicable
times during the term of this REA, maintain. or cause to be maintained. In
full force and elrect, comprehensive occurrence Public liability Insurance
covering the Common Area within the Center with a financially responsible
insurance company or companies approved by the Parties, including coverage for
[�
any accident resulting In Personal Injury to or death of any person and
consequential damages arising therefrom, and comprehensive property damage
insurance, each in the amont of not less than $5,000,000 per injury and
contras tool liability insurance In an amount not less than 115,000.OW to
Insure the Indemnity set forth in Section A of this Article, or Such other
amounts as the parties may from time to time jointly agree upon in writing.
Developer Shall furnlsh to all other Parties, on or before the effective date
of any such policy, evidence that the Insurance referred to In this Section 1%
In Force and affect and that the preml cams therefor have been paid. Such
-
Insurance shall (1) name all other Parties as additional insureds thereunder,
(11) provide that the same may not be cancelled, reduced or materially amended
without at least thirty (30) days prior written notice being given by the
Insurer to all other Parties, and (111) contain severability of Interest
I
1�
pndorseme05. Such insurance shall be primary covers,, with respect to the
rises Insured. and Shall expreecly insure the Indemnity of any Party contained
to Action A of this Article.
-62-
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Deaoription: Laare,OR Docramrnt — Yea=.IbalD f-1993] 1990.11883 Papa: 68 of 155-
-- _-- - -- - —'
Order: rrgmq Coamient:
604LGL
9011883
D. PARTIES' LIABILITY INSURANCE - STORE. Each Party shall. severally, at
I' all times during the term of this REA maintain In full force and affect under
a comprehensive occurrence public liability insurance policy covering Its
Ss. tract, excluding the Common Are., with a financially responsible insurance
!; company or companies, 'including coverage for any accident resulting In bodily
Injury to or death of any person and consequential doma9u arising therefrom,
l
and comprehensive property damage Insurance. In an amount lot less than
w" $5. 000.000 per occurrence, and contractual liability insurance In an amount
not less than SS,O00, 000.00 to Insure the indemnities set forth in Section B
'1 of this Article. Such Insurance shall provide that the saw may not be
cancelled, reduced or materially amended without at least thirty (30) days
i
prior written notice being given by the Insurer t0 all other Parties.
E. BLANKET INSURANCE AND SELF-INSURANCE. The Insurance described in
Sections C and 0 of this Article maY be carried under a Policy or policies
aS covering other liabilities and locations of a Party; provided. homever, that
?I� such policy or policies apply to the properties required to be Insured by
Sections C and 0 Of this Article in an amount not less than the amount of
Insurance repot red to be carried by such Party with respect thereto, The
Insurance ref err ad to In Section D of this Article may be carried under any
iC plan of self-insurance from time t0 tlw maintained by any Major, on condition
that the Major so seif-insuring has and wintains a net worth of $100,000,000
(in 1909 Dollars), Or more, and net current assets of 550,000,000 ❑n 1909
iYJl lafS j, or MJrtl, and that any major SO self -1 n5Vrtn9, Shall furnish or e9rp
than once each calendar year to any other Party requesting the same, evidence
of the adequacy of sold net North and net current assets. The annual report Of
any such Major that is audited by an Independent certified public accountant
Shell be sufficient evidence of its net vorth and net current assets. Each
Major, who hal not elected to Self Insure as permitted In this Section. $ball
severally furnish to each other Party evidence that the insurance referred to
In Sections C and U of this Article is in full force and effect and that the
premiums therefor have been paid. Any Neje, electing to self -insure pursuant
to the provl lions of this Sect Ion or thereafter electing to terminate such
Lself-insurance program shall 911e at I ... t thirty (30) days' prier written
notice thereof to each of the other parties.
L -63-
Description: Larne, OR Docummnt - Y ar. IbclD [-1993] 1990.11883 Pager: 69 of 155 -
Order: en,mrg Cohnownt:
7
x
6O4LGL
9011853
ARTICLE XII
CASUALTY INc URS?efE
A. DEVELOPER IMPROVEMENTS. Effective upon the commencement of construc-
tion of Developer Improvements and thereafter during the term of this REA,
a'
Developer, as respects the Developer Improvements. Including the Enclosed
Rall, will carry or cause to be carried. insurance in an amount at least equal
to ninety percent (9O1) of the gull replacement cost (exclusive Of the cast Of
ai excavation, foundations and footings) of the buildings and Improvements
insuring against risks Included within the standard fore "Ali risk" casualty
' Insurance, together with endorsements against earthquake and specifically
Including, but not limited to, the following Dari h: those Included within
? fire and extended coverage, loss or damage by fire, windstorm, flood, cyclone,
�f tornado, hat]. explosion, riot, riot attending a strike, civil commotion,
ii
'? malicious mischief, vandallsm, aircraft, vehicle, snake damage and sprinkler
1 leakage. The earthquake endorsement (which my contain a ten percent (101)
deductible) shall only be required If generally avallablo and If customarily
Al
carried In other regional shopping centers In the State of Oregon. Such
insurance shall be carried with financially responsible insurance com ins.
Developer shall furnish to all other Parties prior to the effective date of
any such policy, evidence that the insurance required by this Section is In
forte and effect and that the premiums therefor have been Paid.
Developer agrees that such policies shall contain a provision that the
same may not expire or be cancelled, reduced or materially amended without at
least thirty (30) days' prior written notice being given by the Insurer to the
other Parties.
D. STORES DE ILAJOR. Each major, as respects its Store, severally
covenants with each other Party that each will carry imgrance, during the
period such respective Store is required to Operate pursuant to Section A of
Article x%1, for the risks customarily Included as covered risks under
standard Insurance industry practical within the classification Of fire and
extended cave rage. equal to ninety percent (901) of the full replacement cost
L (exclusive OF the cost of acavation, foundetlons and footings of Such
Store). Such Insurance shall be carried with financially responsible fire
Insurance companies. Such policies shall contain a provision that the seem
L -64-
Dvwc,= ption: Lane,OP Xh,w uament - Yedr.Zho IZ) f-1993] 1990.11883 Page: 70 of 155
Order: rrgerg Coamient:
_J
Deeor±,tion: Lane, OR Document - Year. Doc1D f-1993] 1990.11883 Page: 71 of 155
0> =: haq Comeent:
604LGL
auisea3
t '
l--
s'
may not expire or be canpelled Without at least thirty (30) days written
notice being given by the insurer to the other Parties.
C. BLANKET INSURANCE AND SELF-INSURANCE. Any Insurance required to be
carried pursuant to this Article may be carried under a poltcy or policies
covering other iiablllties and locations of a Party; provided, however, that
t
such policy or poltcies apply to the properties required to be Insured by
Sections A and 8 of this Article In en emunt not less than the amount of
131i
Insurance required to be carried by such Party with respect thereto, pursuant
to Sections A and B of this Article. The insurance requirements described in
l�
Section B of this Article may be satisfied ey any plan of self -Insurance from
yJf
"74
time to time maintained by any Major, on condition that the Major so self -
b
Insuring has and maintains a not worth of 5100,000,000 [In 1989 Dollars), or
more, and net currant assets of {Sp,00o.0o0 [In 1989 Dollars), or more, and
bi
dy
that any Major so self-insuring, shall furnish to any other Party hereto
`t
requesting the Same, evidence of the adequacy of said net worth and net
U
current assets. The annual report of any such Major that 15 audited by an
independent certified public accountant shall be sufficient evidence of Its
I
net worth and not current assets. If any Major elects to self -Insure pursuant,
`
to the provisions of this Section or thereafter elects to terminate such
til
self-insurance program, it shall give at least thirty (30) days prior written
+
`
notice thereof to each of the other Parties.
D. RELEASE AND NAIVER or SUBRDGATIDN. Each Party for Itself releases
e.
f
each of the other Parties frau and to the extent legally possible for it to do
to on behalf of its Insurer, hereby waives any liability for any loss or damage
i
to Its property located upon the Shopping Center Site, Which loss or damage 15
of the typo generally covered by the Insurance required to be maintained by 1l
.h
ender this Article all and In effect at the time of such loss or done",
irrespective of any negligence on the pert of the other Parties which may have
to or caused such loss. If the Waiver of subrogation is not
contributed
effective, each Party covenants that it will obtain for the benefit of each
other Party an express waiver of any right of subrogation which the Insurer of
such Party may acquire against any Other party or parties by virtue of the
Lpayment
of any such loss covered by such Insorance.
L
-65-
Deeor±,tion: Lane, OR Document - Year. Doc1D f-1993] 1990.11883 Page: 71 of 155
0> =: haq Comeent:
_66—Laura
604LGL
9011883
,
In the event any Party is by lav, statute or governmental regulation
unable to obtain a waiver of the right of subrogatlon for the benefit of each
other Party, then, during any period of time when such waiver is unobtainable,
said Party Shall be classic! Not to have released any subrogated claim of Its
4.
insurance carrier against the other Parties. and, during the same period of
I '
time, each other Party shall be cleared not to have released the other Party
r
who has been unable to obtain Such waiver from any claims they or their
5Y
rssi
Insurance carriers may assert which otherwise would have been released
A
hi
pursuant to this Section. In the event that any Party is unable to obtain
t,
such waiver of the right of subrogeti on for the benefit of any Other Party or
Parties, such Party shall, wlthln thirty (30) days of receiving notice of such
;U
a"'1ax
(;r
Inability. give each other Party written notice of sato Inab111 tY•
E. INTENTIONALLY WITTED.
f. INSURANCE TRUSTEE, Developer and the Majors covenant that with
i{
respect to all fire and extended coverage Insurance carried by then that each
policy shall expressly provide that in case of any loss which exceeds $250,000,
the amount of any claim shall be paid to such bank or trust company qualified
�?
rt`
under the laws of the State of Oregon as Developer or Such Major Shall
ry
designate for the custody and disposition as herein provided. If Orval oiler's
-
Mortgagee Is the holder of such insurance funds pursuant to the terms of any
1 ��
Mortgage, such funds shall be deposited in an Oregon bank.
,J
`
to every case of loss or damage to the Developer Improvements or a Major's
,
P
Ston. all proceeds of such insurance (excluding the proceeds of any rental
I
value, or use and occupancy insurance of Developer) shall be used with all
1.T
reasonable diligence by Developer and such Major for rebuilding, repairing or
tlp
ki
otherwise reconstructing the same, to the extent required to be reconstructed
p.;
pursuant to the provisions of Article XIII, all according to the original plan
f,
and elevation thereof, or such modified plan conforming to the then levy and
a
regulations as shall first have been approved in writing by the Parties. It
4L,
Is ¢eor¢ssly understood and agreed that a Mortgagee nay be a trustee for the
purposes of the utilization of such proceeds or funds In the manner provlded
in this Article and shall not be required to be a bank or trust company
L
PuIfPled under the laws of the State of Oregon.
L
, OR Docrrment — Year. rloo17D f-1993] 1990.11883 Paine: 72 of
Order: anq Conmient:
F
ARTICLE x111
f9yfJfAMii_AS.ID R�AIR MAtNMIANCL
A ik jR ishan tMaall it"5 d i
A. MAINTENANCE. Each Major shall at all times aur log the term of this
BEA, from and after the opening for business of Its respective Stara and
Developer shall at all times during the term of this REA. frac and after the
Lopening for business of its Developer Improvements. keep and maintain. pr
cause to be kept and maintained In good order, condition and repaiq all
L -6g- J
Deacription: Lane, OR Document - Yoar. Cool) f-1993] 1990.11883 Pager: 73 of 155
Order: wnq Coam,ent:
604LGL
9011963..'
Payment of the proceeds Shall be mde by the trustee of the funds to
Developer, or such Major, as the case may be, or their contractor or
i..
contractors, in the discretion of the trustee, as }allows:
c
1, At the end of each month, or from those to item, as may be agreed
i
upon by Developer br such Majpq as approprlate, against such Party's
t
y'
arch b<t'a certlfl ate that the work billed for has been performed, an
n
amount which shall be that proportion of the total amount held In trust
I�
^{
which ninety percent (9OU of the Payments to ba made to the contractors
)
T='
or materialmen for work done, material supplied and services rendered
during each month or other part old bears to the total contract price.
2. At the Completion o1 the rock. MI balance of sato proceeds
t
required to complete the payment of such more shall be paid to Developer
t
or such Major, or their contractor or contractors as the trustee deems
f
approprlate, provided that at the slaw of such payment (a) there are no
'
liens against the property by reason of such work, and with respect to the
4-
if. of payment of Any balance remaining to be pe to at the completion of
the work, the period within which a )till may be filed has expired, and If
requested by a Party, proal hes been submitted that all cotta of work
f'.
and (b) such Party's architect Shall`
thvetuiore incurred have been paid, Y`
ar
certify that all required work It committed and Proper and of a quality
and class of the orlglnai work required by this REA and in accordance with
the approved plans And specifications.
ppm;
In the event Developer Or such Major 11 not required to rebuild, and
elects not to, under Article x111, Developer and such Major shall first use
such funds to rete and clear and thereafter All of said funds shalt be paid by
tl,e trustee to Developer or such Major, as the cNe may be, mr to the Mort -
it
i
„
gages of such tract, as their Interests may appear.
ARTICLE x111
f9yfJfAMii_AS.ID R�AIR MAtNMIANCL
A ik jR ishan tMaall it"5 d i
A. MAINTENANCE. Each Major shall at all times aur log the term of this
BEA, from and after the opening for business of Its respective Stara and
Developer shall at all times during the term of this REA. frac and after the
Lopening for business of its Developer Improvements. keep and maintain. pr
cause to be kept and maintained In good order, condition and repaiq all
L -6g- J
Deacription: Lane, OR Document - Yoar. Cool) f-1993] 1990.11883 Pager: 73 of 155
Order: wnq Coam,ent:
F
5OALGL
9011883
tompletetl portions of its respective Stora, and as to Developer, the Developer
'4
Improvements.
`
0. RESTORATION OF COMMON AREA. In the event of any casualty (which shall
Include acts of God, fire, earthquake, flood, explosion or similar occurrences)
which results In damage or destruction to the Conmpn Area an any Tract /ex clod-
ri
Ing the Enclosed Mall), whether Insured or unlnsured, each Party shall, at Its
t�
11i11i
�,g
respective sole cost and expense, restore. repair or rebuild such CM n Area
on Its Tract with all due diligence. Such restoration and repair shell be
ai
performed In accordance with the applicable requirements of Section E of this
h
�FJi .
Article %III.
C. RESTORATION OF DEVELOPER IMPROVEMENTS. Developer covenants to and
4
with the Na3ors, each severally, that in the event of any damage or dbtruc-
�
tion to all or any portion o1 the Developer W71 Storrs, to* Sears Stora, or
-�
the Enclosed Malt, Developer shall:"'
N
1. to the event such damage Of destruction scars during the period
a
.y
tti
1n which Operation by any Major it rout red pursuant to Article %%l, at
Its own expense, and with all due diligence, restore, repair or rebuild or
cause to be restored, repaired Or rebuilt, the Developer Nell Stores, the
Sears Stora, and to the extent or the Minimum Floor Area sat forth In
;3,
Section A of Article VIII and restore, repo in or rebuild the Enclosed Nali
§
^�
1'
In Its entirety. The provisions of this Paragraph still apply regardless
of the cause of such damage or destruction, and regardless
$
q
�i
Of whether such damage or destruction was insured against or uninsured.
t
i. In the event such damage or destruction gears after the period
referred to in Paragraph 1 above. at Its own expense, and with all due
-. a
r`
diligence, restore, noels or re0u110 or cause to be restored, repaired or
rebuilt said Developer Mall Stores end the Enclosed Mail to the extent
j
required under Paragraph 1, unless:
Nj
(a) Such damage or destruction was Caused by a Peril other than
js
those required to be Insured against under tae provisions of Section A
of Article XII, and which in fact Is not Insured against, and the cost
of such restoration. repair or rabullding exceeds the greater of: (1)
L
One Million Dollars (51,000,000) tin 1989 Gollarsl, or (11) an amount
which Is flue portent (SL) 0/ the total actual replaume It cost of the
l''ll lrlfj
Developer Mall Stores and the Enclosed Mali; or
Description: Laowl Document - Year.dbclD [-1993] 1990.11883 Page: ]d of 155
Ozder: '+Tg 7ommmnt:
Deaaz ption: Lane, OR Document - Year. Iloc11) f-1993] 1990.11883 Page: 75 of 155
Order: rrgsg Comment:
604LOL
90118"
(b) Such damage or destruction was caused by a pert) required to
be Insured against under the provisions of Section A of Article %It,
-
or such damage or destruction vas caused by a peril not required to be
Insured against under the provisions of Section A of Article %11 but
was 1n fact insured against, and the cost of such restoration, repair
or rebuilding exceeds the greater Of (1) One Million Dollars
rw?
(q 1,000,000) [In 1989 Dollars] or (it) an amount which Is PIVe percent
x
i
(S%) of the total actual replacement cost of the Developer Mall Stores
and the Enclosed "It, and Developer does not receive the covenants
$�
E
hereinafter provided. promptly following such damage or destruction,
Developer shall request In writing of the Majors that they agree to
.e
r,
Operate in accordance with Article XXI for a period of ten 110) years
commencing on the earlier OP (U the data of completion of such
restoration, repair or rebuilding of the Developer Mall Stores and the
Enclosed Mall, or (1D eighteen (10) months after the data of such
damage or destruction. The provisions of this subparagraph relieving
t6_
T
Developer of Its obligation to restore, repair or rebuild the
q
'
Developer Mall Stores and the Enclosed Mali shall not apply 11, within
sixty (60) days after such request is made, two of the Majors. Jointly
t
or Severally, covenant with Developer (1n recordable Toro 14
,
fl
requested) so to Operate for such ten (10) year period, 1n xhIch event
yi
Developer shall restore, repair or rebuild the Develo f, Mall Stores
and the Enclosed Mali to the extent required under paragraph 1 0o1e.14,
If only one Major covenants with Oevel Oper to Operate In aaordance
it
with Article Myl for such ten (10) year period. 0eve loser's obligatlon
y;
to restore, repair or rebuild the Enclosed Mall and Developer Mall
Stores shall be limited to the floor Area In the Developer Mall Stores
6
and porYlons o1 the Enclosed Nail which are )orated "1 mmQdl ately
�
adjacent" to the Stare of the Major which has covenanted to Opera Ye
for said ten t10) year period. The term "immediately adjacent", as
used above, snail mean the Developer Nall Stores and the Enclosed
Mall, located (i) as to the Target Store. within three hundred feet
L(300')
from the entrance of said Store in the Enclosed Mall.
L
_69-
Deaaz ption: Lane, OR Document - Year. Iloc11) f-1993] 1990.11883 Page: 75 of 155
Order: rrgsg Comment:
L ., OR Document - Year. Tlp, lD f-1993] 1990.11883 Pages: 76 of 155 -
Order: rrgwq Coamient:
604LGL
9(111883
'
�!
',`...
Any covenant by a Major to Operate entered Into with Developer as
contemplated by this Article X111-C shall be (I) deemed Operation as equl red
by Article at, and (I1) subject to release as provided In Article %XI-B upon
the occurrence of any event specified therein.
�:..
O. RESTORATION OF STORES OF MAJOR$. Each Major, as respects Its Store,
severally covenants with each of the other Parties, in the event of any damage
t
j}}}
,T
Its
E
or destruction to all or any portion of Its respective Storo, that It, at
h'
z
own expense and with all due diligence, will cause the Stora for which 1t has
t
a res toratfon obligation to be repaired, restored or rebuilt to at least Its
�
4'•
Minimum floor Area set forth to Section A of Article Vlll during the period
Store is required to operate, or cause to be Operated, as provided 10
Sj
such
y
Section A of Article %%I. Subject to the foregoing, each Major may make
repairs, elteratlons Or improvements to the Common Area on their tracts and
their respective improvements or Stores (and to the exterior signs thOrew,
subject to the provisions of Exhibit D). Any Major razing Its Store pursuant
9
to Section G of this Article shall cause the Enclosed Nall to be secured where
i
Its Store has been removed so that the same shall retain enclosed and not
permit the escaping of air. Any portion or all of the ground floor 14,01 of
,
the $YOrB Of any Major so rated Shall be improved as CommentArea 1n the Same
manner as provided In Section G of this Article.
Any Major shall be excused from the performance of Its obligations set
+i
forth in this Section for and during any period of time (1) in whlrh the
covenants of Developer as set forth in Sections 0 or C of this Artl Cle shall
i
Y
not have been perfOrmld, or (I1) when such Major shall be released from the
performance of its obligations under Section A of Article XXI pursuant to the
prow ttl ons of Section A of Article %%I.
P(
1y
E. STANDARDS OF CONSTRUCTION. All restoration, repair, rebuilding,
malntenantt, alterations, additions Or Improvements (hereinafter C011eCtIvely
f4
called "work') performed by any Party pursuant to any of the provisions of
this RCA shall be performed In strict compliance with such of the following
reoutrements as ere applicable thereto, to wit:
1. No such work shall be contrasted unless the Party desiring to
L
perform Ne same bas in each Instance compiled with the appropriate
provisions of Article IV with respect to plan approval.
L
-70-
1
L ., OR Document - Year. Tlp, lD f-1993] 1990.11883 Pages: 76 of 155 -
Order: rrgwq Coamient:
F
604LGL
yulisa3
�,..
4'
2. If the work Is to a structure which 1s ad]acent to the Enclosed
Mall, than during the parformancl of the work, the Enclosed Nall shall be
I
secured and temporarily enclosed so as not to permit the escaping of air.
and upon cgmpletlon shall be physically integrated with the Enclosed Nall
hpursuant
to the applicable requirement of this REA.
g. All work shall be performed In a good and workmanlike manner and{;.
shall strictly conform to and comply with:
,
.Is
(a) The plans and specifications therefor approved as aforeaald;
?
e
(b) All applicable requirementS of laws, codes, regulations and
rules: and
(c) To the extent applicable, the requirements of Articles 111,
it
Iv. V. Vi, VII, Vill and Ix.
+
J
4. All such work shall be completed with due diligence, and at the
i.
r«
sole cost and expense (ostept as herein provided to the contrary) of the
e
tl
Party performing the Same.
wj
F. LICENSES FOR RECONSTRUCTION; USE OF COMMON AREA FOR CONSTRUCTION.
Each party is hereby granted n hmpordYy 11011se t0 use Portions Of the Eoengn
Area for the purposes of:
;
�.
I. performing maintenance upon, and making repair' to, and/or making
e
a
'!
construction alteratlonS. additions and Improvements, or rarinq and
5,
k
replacing the whole or any part of the Developer Improvements and the
Stores, respectively, pursuant to and as permitted by this REA (the
t
Factivities
+efuretl to In this Paragraph being hereinafter collectively
a'
referred to as *construction"). and
2. Obtaining access, ingress and egress to and frau the Oevel ober
^�
�j
a-
Improvements, or Its Store, as Me case may be, to carry on such
��
ry
.1�
is
me intenenO, repel, and construction.
�a
PK'
With respect to all purposes for which a temporary licence Is needed,
$`
within a reasonable itrte prior to the commencement of any such construction
p`
(but in no event less than thirty [30] days), the Party desiring to undertake
the same shall "Wit to the Party as to the Tract In question for its approval
(which approval shall not be unreasonably withheld) a plot plan of the Center
Lon
which such Party shall delineate the use Intended and those portions of the
Cermon Area with respect to which such Party reasonably requires a temporary
-71-
J
Description: Lease, OR Document - Year. Doc1D f-1993] 1990.11883 Paget: 77 of 15S
Ozd : ang Coamient:
[heaoription: Larne, OR Docuaunt - Year. Ilpc1D f-1993] 1990.11883 Page: 78 of 1 5 _
Ozd : m Coamient:
604LGL
90119&3
license In connection with Such construction, and such access, ingress and
f,
Is
`c
egress, and the nature, extent and length of time for which access Is required.
it
The Party upon whoa tract the saw Is to be performed shall, within fifteen
(15) days thereafter, notify such requesting Party whether It approves or
disapproves of the use. At all times during any Party's use of the portion of
f.r
r1
the Common Areas, as aforesaid, such Party shall comply with the applicable
,3
{{
requirements of Article Is. and upon cessation of Such use shall PrdmPtly
restore the portions of the Carron Area so used to the condition In which the
tati
same were prior to the time of commencement of such use, Including the clearing
y
of such area of all loose dirt, debris, equipment and construction materials.
1
Such Party shall also restore to the same condition as existed Immediately
prior to such work, at its m1e cost and expense, any portions of the Center
f
which may have been damaged by such construction work promptly upon the occur-
,j
ren[e of such damage, en0 shall at all times during the period of any such
y'
Z
ivF
.S
construction keep all portions of the Center, except the portions of the
r.
Developer Improvements and the Stores, as the case may be, on which the work
`
I Y
t'
Is being performed and except the portions of the Common Area being utilized
S
by such Party pursuant to this Article XIII-F free from and unobstructed by
any barriers. loose dirt, debris, equipment or construction materials related
js
to such construction.
�.
G. CLEARING OF PREMISES, Nhanevn a piny If not obligated to restore,
repair or *build any building or other improvement that has been damaged or
ppI
destroyed and clef is not to do so, then, and In such event. sv[h Party as to
_
Its building and/or Improvement, at its sole cost and expense and xlth all
reasonable diligence through col shall raze such building and/or
r'
improvement or Such Dart thereof as has been so damaged or destroyed, clear
I,
the premises of all debris, and all areas hot restored to that, original us,
shall be leveled, cleared and Improved as Carron Area, 01 like standard and
9,
i,
design as the Canape Area of the balance of the SM1opping Center. Thereafter,
said area hall becomea portion of the Common Area and bemaintained as such,
I. .
until such time as said Party may elect to rebuild thereon.
N. CUMION BUILDING COMPONERTS. The following provisions shall apply to
I
Lthe
construction, design, installation, maintenance, repair, alteration or
restoration of Common Building Components:
L
-T2-
[heaoription: Larne, OR Docuaunt - Year. Ilpc1D f-1993] 1990.11883 Page: 78 of 1 5 _
Ozd : m Coamient:
De cription: Larne, OR Docrasnt -Year. DoOME) f-19931 1990.11883 Page: 79 of 155
Order: rrgwq Corm,ent:
604LGL
9uiiee3
'`
{
1. Such Party whose Improvement In the Center Mich contains a Common
Building Component shall, for so long as another Party owns an Improvement
`?
Alch is beneflted by the subject Couple Bulldlnq Component, ma lntaln.
C
d
repair and restore such Common Building Cargonant located on its Tract at
L
Its own lost and expense so that, subject to Paragraph 2 below, It shall,
continue to have SM1a capacity to be t0 used In common with such benefited
(u
'
Improvement In question.
l
2. Each Party rhose beneflLo Improvement utilizes any Common Bulld-
�?
4
Ing Component shall not place upon the subject Comeon Building Component
any burden which is In excess of the capacity of the subject Common
Building Component, or Which will prevent Me use of the Improvement
k,
"
containing the subject Commn Building Component for its Intended purpose.
r
t
3. Any Party Mose improvement Contains a Common Building Conpmmnt
a
or a benefited Improvement, a5 OM [ase may be, my dg any work of repUr.
N
alteration, restoration or otherwise with respet to such Improvement,
.`
notwithstanding that during the course of performing such Work a condition
otherwise prohibited by the provislous of this Section MY Mit. If:
.
p('
(a) During the course of performance of such work the Party by
Mips Ur on whole b6,61i auch WOO, 13 hello d@1 [hall, at Ili Own cost
"!
and expense, Dravida such temporary Pacll ltl ei as may be necessary:
1
(1) To perform the functlon performed by the Common
"r..
Building Component In question, if such Work It performed with
�
respect to the Improvement conte lnln9 the Common Building
d
i
$i
Component In question, or
zFl
qVs
"
(fU To Increase the capacity Of. or tupptement. the
'
Coupon Building Component In questl on to the extent necessary so
that the benefited taprovement shall not, during the course of
[
t.
performance of such Work, either place on such Comers Building
Component a burden in excess of the capacity thereof for such
purpose or otherwise prevent the use of the Improvement containing
{,
the Comron Building Component In question for its Intended
purposes, IP such work Is performed with respect to the benefited
Limprovement
In question; and
L
_T3_
J
De cription: Larne, OR Docrasnt -Year. DoOME) f-19931 1990.11883 Page: 79 of 155
Order: rrgwq Corm,ent:
Description: Lane, OR Document - Year. )oo1D f-1993] 1990.11883 Page: 80 of 155
Order: rrgwq Coamment:
60ALGL
9011889
�>
(b) At the cos lus lon, oP such cork there Is compliance we to the
'.
provisions of whichever of Paragraphs i or 2 above Is applicable.
a. Xotwl the tend Iraq the provisions Of Paragraphs 1 or 2 above. the
Party which owns the /yrowant on which the work In quastl an was dons
;
shall not be liable to the Party MicA owm tM improvement a/fatted by
such work for any Inconvenience, annoyance, disturbance or loss of bull-
;
nese to such other Party (or his Occupant) arising out of and during the
:F
ha,
performance of such work (except that the Party performing such work,or
q
Z
its agents. If negligent, shall be liable). The Party performing such
it
work shall Sake all reasonable efforts to keep any sock inconvenience,
1,
annoyance, disturbance or loss of business to the minINNR reasonably
1
'
required by the work In question.
�y
6
5. Anything In this Section to the contrary notwithstanding, It 1s
expressly understood and agreed that the obligations of Developer for
'
maintenance, repair, alteratlon and reconstruction of the Enclosed Mall
'
�i
shall at all tins ream Its obligation, even though the Sam nay be a
"s
1{i
Common Building Component.
I. LIABILITY OF MORTGAGEE. Provided that the Mortgages shall allow(
mei$,
Insurance proceeds to be utilized for reconstruction as required in Sections C
q
and D of this Article, any other provision in this Article to the contrary
I
notwithstanding, It Is expressly understood and agreed that the provisions of
Section C and D of this Article shall be applicable to any Mortgagee Of any
i
x
Tract only in the full "Ing instances:
s
-;
i
1. Where any such Mortgagee acquires title by reason of foreclosure,
t
x.
or deed In Ileo of foreclosure, or by termination of a leaseback In a sale
vi
�i
and leaseback transaction, such Mortgagee or roe purchaser at a foreclosure
a
be obligated for such reconstruction or repair of tlamge
N
sale shall only
which occurs subsequent to such foreclosure Ale or conveyance, or terml-
3
i
natl on of leaseback; provided, however, that where deage or destruction
caused by a peril Included within the risks enumerated In Sections A and B
S
of Article NII and which 15 required to be insured against under this REA
occurs prior to such foreclosure sale or terminatIm of leaseback, any
L
Mortgagee who acquires title by reason of foreclosure or termination of
leaseback, or the purchaser at the foreclosure sale, shall be obligated
L
-Te-
J
Description: Lane, OR Document - Year. )oo1D f-1993] 1990.11883 Page: 80 of 155
Order: rrgwq Coamment:
B ARTICLE AIV
rNCDLPATIDX
4 If at any time after the Improvements to be constructed In the Phase I
Development on the Developer Tract by Developer pursuant to the Articles IV
YC`
and V hereof have been substantially completed and the Developer Mall Stares,
I3 Sears Store, and Enclosed Mail are open and operating (and with respect to
'kl obligations relating to such construction, for an additional period of one (1)
year following such completion and opening for bDaine Se), Developer shall fail
L to perform any covenant, term or condition of this REA upon Developer's part
to be performed and as a consequence of such default a Major shall recover a
money judgment against Developer, such judgment shall be satisfied only out of
Description: L.IOR Docseent - Year. Ibc1D f-1993] 1990.11883 page: 81 of 155 --
Order: anis+, Comment:
604LOL
9011883
for such reconstruction to the extent of the insurance proceeds which it
+"
receives under such Insurance.
sl
m'
2. If a Mortgagee which has acquired title In the manner set forth In
I!5
Paragraph 1 above or the purchaser at a foreclosure sale Is not required
pursuant to the foregoing subparagraph to restore, repair or rebuild any
1'u
building that has been damaged or destroyed and elects not to do so
pursuant to the provisions of Paragraph I above then such Mortgagee or
purchaser shall raze such building or such part thereof that has been $o
damaged or destroyed, clear the premises of all debris, and Improve sold
erect at Its expense as cowman Area, of Ilk. standard and design as the
Carron Area of the balance of the Shopping Center. Thereafter said area
shall become a portion of the Common Area until such time as said Person
may elect to rebuild thereon. Should such Mortgagee or purchaser desire
to raze only a portion of any such building the remalning building most
contain not loss than the Minimum Floor Area for such building pursuant to
Article VIII. Nothing In this Section shall be construed to relieve the
Party whose interest has been so acquired of Its obligations under
Sections C and D of this Article.
Nothing contained In this Section shall Ilmlt the rights of the Mzjors
under Section C of Article XIII or Section B of Article MAI or Developer under
Section D of Article %III if there Is such limited performance of the provl-
�,
sions of Sections C or D of this Article by such Mortgagee or purchaser at a
G
foreclosure sale.
B ARTICLE AIV
rNCDLPATIDX
4 If at any time after the Improvements to be constructed In the Phase I
Development on the Developer Tract by Developer pursuant to the Articles IV
YC`
and V hereof have been substantially completed and the Developer Mall Stares,
I3 Sears Store, and Enclosed Mail are open and operating (and with respect to
'kl obligations relating to such construction, for an additional period of one (1)
year following such completion and opening for bDaine Se), Developer shall fail
L to perform any covenant, term or condition of this REA upon Developer's part
to be performed and as a consequence of such default a Major shall recover a
money judgment against Developer, such judgment shall be satisfied only out of
Description: L.IOR Docseent - Year. Ibc1D f-1993] 1990.11883 page: 81 of 155 --
Order: anis+, Comment:
L ., OR Dooraient - Year. 1)Oc D f-1993] 1990.11883 Pagan: 82 of 155 -- - -
Order: rrgmg Comment:
604LGL
9011883
I
(1) the proceeds of sale received each execution of such ,judgment and levy
L
thereon against the right, title and Interest of Developer in the Developer
s
Tract, (it) the rents or other Indene Pram such property receivable by
t'
I
Developer, (ll) amounts due and payable by such Major to Developer, (Iv) the
consideration received by Developer from the sale or other disposition
re
,X1l
(including a condemnation) of all or any part of Developer's right, title and
interest in the Developer Tract and developer IMPrOvexwnts (which
consideration shall be concert to include any assets at any time held by
�
i
Developer having a value Irot *retailing that of the proceeds o/ such sale or
other disposition), and (v) the Insurance proceeds received by Developer or
'
Devalopv is insurance trustee respecting any casualty affecting Developer's
.
Improvements to the extent such pr000ds exceed the cost of any restoration
a°w
recurred pursuant to ArklNs XIII-C. end Developer shell not otherwise be
personally liable for any WIClency. Any Ileo &rising as a result of any
ac
p
such judgment shell only conal to to a Ilan as of the date Of the filing o/
4
such judgment to accordance with law. the Drovl sl0nt Of this Article shalt
w�
not be demand to deny to a Major, or limit their right to obtain Injunctive
0
relief or specific performance of Developer's covenants under this REA Or to
%
i
avail themselves of any other right ur remedy (Trot involving a personal
liability of Dweloper In excess of the linins of personal liability fixed by
,+Y
of
this Article) which may be accorded a Major by law or under the terms of tots
,I
�e
REA by reason of Developer's failure to perform its obligations hereunder.
The provltlont of this Article Shall not apply from the date that construction
I
d'
of all or any portion of the Phase 11 Dev@IOPme nt undertaken by Developer
ti
commences to the data that all or any Portion of Phase 11 Development
undertaken by Developer Is substantially complete.
1-
n,
ARTICLE %V
C;
EXCISE FOR XDM-PERWRIM1111
Each Party shall be excused from performing any obligation or undertaking
f
provided In this REA, except any obligation to pay any suns of money under the
f
applicable provlslons hereof (unless such payment If conditioned upon Der Por-
lnq exced by this Article), In the event
Pana of an obligation or undertakus
I
L
and so long as the performance of any such obligation Is prevented or delayed.
IIIuIII
retarded or hindered by act of God, fire, earthquake, floods, ex Plosion,
L
-76-
L ., OR Dooraient - Year. 1)Oc D f-1993] 1990.11883 Pagan: 82 of 155 -- - -
Order: rrgmg Comment:
r r �
606LGL
Description: Lorre, OR Document - Year. yAac112 f-1993] 1990.11883 pagm: 83 of 155
Order: rrgsrq Couss ent:
J
9011893
actions of the elements, war, Invasion. Insurrection, riot, mob violence,
ry'
sabotage, Inability to procure or general shortage of Ichor, equipment.
facilities, materials or supplies in the ordinary course on the Well market -
failure of normal transportation, strikes, lockouts, action Of labor un Ions,
+i
condemnation, requlsltion, law%, "data Of governmental or [Ivll or military
or nava] authorities, the inability t0 Obtain governamntal approval, Or
permits despite the exercise of due diligence and best efforts by a Party or
any other cause, whether similar Or dissimilar to the foregoing, not within
the reasonable control of such Party, other than the lack of Or inability to
obtain funds.
ARTICLE NV1
CORDE6181101
A. DETERMINATION OF AMM. Any award for damages (the "Award-). whethwr
the $amw shall be Obtained by agreement prior to or during the time of any
court action, in, by Judgment, verdict or order, or by agreement afbr any such
court action. raiulting from a taking by ever Use Of right Of eminent domain
' ,4
(as used heroin, such term shall Include condemnation, Inverse condemnation or
AY
any taking by any governmental authority or agency) of the Shopping Center
$iA
"i;
Site or any portion thereof, or resulting from a requisitioning thereby by
military or other public authority for any purpose arising Out of a temporary
'
emergency Or other temporary Urcumstence,, shall be di ctrl butes ancon-) the
may:
Parties to this REA in accordance with the terms and conditions of this
Article, notwithstanding any provision of any Judgement, verdict or order to
the contrary.
r�
#
B. DISTRIBUTION OF PROCEEDS Or ANARD. If a Party exercises Its right to
J
terminate this REA as to its Tract as provided in Sections D end E of this
Article. such Party shall (except as may be otherwise Specifically agreed to
under any applicable Separate Agreement) be entitled to the entire Award
relating to its Interest In and to Its Tract, other than any portion of the
A+iard payable to the other Parties on account of severance damages as
specified In subparagraph Mill) below.
LIf
a Party aloes not have time right to terminate the REA as to Its Tract or
does not elect to exercise such right, the following provisions shall be
applicable. The Award shall be paid promptly by the Persons receiving the
L
-TT
Description: Lorre, OR Document - Year. yAac112 f-1993] 1990.11883 pagm: 83 of 155
Order: rrgsrq Couss ent:
J
F-
L
r -
606LGL
9011883
same In trust to a bank or trust company approved by the Parties, having an
office In Lane County, Oregon, as trustee, to be distributed (along with any
Interest thereon) among the Parties In accordance with the provisions of this
4,, Article
The Award shall be distributed by the trustee among Me Partial as follows:
k (a) if all or any portion of any Tract 0all be condeamed. the total
G;
Award attributable to the interest in and to the Tract so taken, exclusive
of any portion of the Award or other compensation paid for any Common Arta
g, (or deemed to be paid for any common Area pursuant to Paragraph W
below), shall be paid to the Party owning the Tract to taken, eacept as
may otherwise be specifically agreed to by Separate Agreement.
(b) if all or any portion of the Common Area shall be condemned, the
portion of tae Award paid for such CamMn Aroma (or deemed to be paid for
s5 such Colmn Area Pursuant to Paragraph (n below) shall, unless Shit REA
is terminated pursuant to the provisions of this Article, be distributed
by the trustee in the following order of priority.
(I) To the Party or parties as to the Tract containing the
". Common Area so taken for the repair and restoration of the Common
vo Area under Section G of this Article (after all Parties shall have
approved complete pians and spectli<atlons for any substituted [aeon
Area In accordance with the applicable requirements Of this REA
including Ba coon D It tMf Artl cle as to Automobile Parking Arla,
and the contract or contracts for the construction of such
substituted Common Area), in progress payments during the progress of
the restoration of Comms Ara&, As follows: (1) at the and of each
month, or from time to time as may be agreed upon by such Parnas.
against each such Party's architect's certificates, prograsf Payments
In an amount vh ich shall be that proportion held to trust which
ninety percent (90S) of the Payments mmde or to be made to
contractors or matirlaimen for work One, material supplied and
services rendered during each month or other part o0 bears to the
Ltotal contract price for the repair and restoration of the Common
Area; and (2) at the completion of such work, the balance or the
Award, if any. required to be paid to such Party under this Article;
-18-
D waz ptmon: Lanae, OR Docrrment - Yawwr. la, lD f-19931 1990.11883 Paget: 84 of 155
Order: rrgmq Covenant:
I ., OR Document - Year. Ilocl) f-1993] 1990.11883 Page: 85 of 155 - - _-
Order: rrgmq Conmoent:
r
606LOL
9011883
[—
provided that at the time of each such payment (A) there are no liens
1
against the Tract of any Party by reason of such work and that, with
respect to the thea of payment of any balance remaining to be paid at
F
the completion of such work the period within which a Ilan My be
1
filed has expired or that the other Parties are satisfied by proof
submitted by such Party that all costs of such work theretofore
i
h
Incurred have been paid; to) such Party's architect shall certify
y
that all work Is proper and of a quality and class equal to the
original work required by this REA and has been performed In
accordance with plans and specifications approved therefor Under this
�a
REA, and (C) such Party shall furnish to the trustee evidence
it
satisfactory t0 said true he Mat all previous advances nave been
[
applied to defray the actual cost of such work up to the amount of
."
y
such cost, or that such cost has actually been paid by such Party In
g
the amount of all such previous advances, In no went shall the
trustee be liable for any amount In excess of the net proceeds of the
�yr
Fi
gAward.;
(it) Should (1) the cost of such work under subparagraph (1)
Ya
be lass than the Award so hold In trust, or (2) no substituted Common
Area be provided, the Acord for CMgn Ana con the balance of sa10
T
X
Awartl) shall be apportioned among the Parties in accordance with
`.
their respective property Interests in the CoMn Area me, the Tract
{7f
r
or Tracts so taken, except as may Otherwise be specift Gaily agreed to
�0
by Separate Agreement, It being the intent that severance damages
CU
arising from the taking of the reciprocal easements and other rights
Heated by this REP shall be the sole compensable Interest arlsl ng
�d
from the Integration of the various Tracts Into the Center which
shall accrue to Parties who do not have any other property Interest
f
�s
Y
in the Tract so taken, except the Interests created by this REA.
Anything to the contrary In this Section notwithstanding, if a
Party has a net worth of $100,000,000 [in 1989 Dollars], or her., and
net current assets of $50,000,000 (In 1989 Dollars) or more, as
L
disclosed on any such Party's annual report that Is audited by an
�.
Independent certified public accountant, payment of such Party's
L
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portion of any Award shall be made directly to such Party rather than
to the bank or trust company as hereinabove prow tdatl. Anything t0
the contrary In this Section notwith- standing, payment of any Award
ry to developer may M held in trust by the holder of a Mortgage on
"r developer Tract, if so required by such Mortgagee for use as herein
provided. The fees of the trustee (other than Developer's Mortgages)
s shall be a first charge oa the Award.
(c) If both floor Area and Cowron Area on eny Tract shall be
condemned, and the condemning authority does not apportion the amount of
a the Award attributable to Floor Arae and Common Area, the Parties shall
{!' mora, as to the manner of allocation of the Award of to Floor Area or
Canon Are,. If the Parties are unable to So agree within a reasonable
period of Lima, the manner of allocation, o1 the Award shall be submitted
to ar at trat Ion pursuant to Artl o le XXI I I.
C. UNRESOLVED ISSUES. Any Issue which is not resolved by any judgment to
the condemnatlon proceeding or supplemental determination therein shall be
ix resolved among the Parties under the provisions of Article XXIII.
r6` 0. TAKING Of AUTOMOBILE PARKING AREA, If a portion of the Automobile
r6P Parking Area shall be taken 1, eminent domain in that after such taking the
number of parking spaces on the Shopping Center Site shall be reduced to less
than eighty percent (801) of the number of parking spates required to satisfy
the parking ratio provided for In Section C of Article X. then this REA may be
�? terminated by any Party upon the taking of Permanent mosseSSlon (as distin-
guished from a temporary requisition for a period of less than one hundred
righty 0801 days) of Such areas by the condemning authorities, as herelnarter
provided. Any Party desiring to terminate this REA shall give notice of such
desire to all other Parties within one hundred eighty (180) days after the
taking has occurred,
Any Party objecting to such notice of lntentian to terminate shall, within
ninety (90) days after notice of such Intention, give notice of Its objection
to the termination of this REA to the other Parties, submitting therewith
preliminary plans for additional automobile parking facilities to raise the
numher of parking spaces to an amount sufficient to have otherwise prevented
such termination and a proposal for financing the Cost of construction thereof
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This REA shall not terminate If each of the Parties within slaty (60) days
following receipt of such notice of objection have agreed In writing to seen
IN
proposed additional automobile Parking facilities and preliminary plans and
i -
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financing proposal. This REA shall tenlnate as to the Tract of any Party who
II
Mshalt
not within said sixty (60) OW period have agreed in writing to such
i
proposed additional automobile parking facilities and pro! lminary Diens and
n'
fl nenctng proposal. The determination of whither or not a Party shall reject
1
or approve such additional parking facilities shell be not by each Party, In
its sole and absolute discretion. In the event that this REA terminates as to
'
any Tract pursuant to this Paragraph 0, the other Parties shell have the right
to terminate this REA as to their Tracts by giving written notice to all other
m 1
Parties within one hundred eighty (180) days thereafter.
-+�
E. PARTIAL TAKING OF FLOOR AREA OR AUTOMOBILE PARKING AREA. If ten
percent (l0U or more of the Floor Area Of any Major'' Store or twenty percent
�.
{$`
(20%) or more of the Floor Area of the Developer Nail Stores shall be so taken
In eminent domain, or if twenty percent (206) or mon of the pirking space'
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located within three hundred feet (3001) of the Stora of any Party shall be 'o
r'
taken In eminent domain, then such Party shall within one hundred eighty (180)
7
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days after the taking have the right to terminate this REA as to Its Tract,
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it
upon giving not lass than sixty (60) days written notice t0 the other Partial
I .
of Its intention so to dc, In the event that Developer or any Major tarml-
nates), the REA as to their Tracts, the other Parties shall have the right to
U
terminate this REA as to their Tracts by giving written notice to all other
Partles within one hundred eighty (180) days thereafter.
F. MORTGAGEE PARTICIPATION. Nothing herein contained Shall be deemed t0
prohibit any Mortgagee from participating In any eminent domain proceedings on
nen`
behalf of any Party upon whose Tract it has a Mortgage, or In conjunction with
7 ^
any such Party; prevtded the $ame does not reduce the Award to any Party or
the distribution thereof In accordance with Section 8 of this Article.
G. EXTENT OF RECONSTRUCTION. Each Major as respects Its Tract. and
Developer. as respects the Developer Tract, if the REA has not been terminated
as to Its Tract pursuant to this Article, shall to the extent Practicable
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reconstreet on its Tract, to the same extent It would be reenlred to
reconstruct pursuant to Article XIII. All reconstruction shall be in
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accordance with the requirements and subject to the provisions of this Article
�.
%VI, and to accordance with Articles III, IV, V, VI and IN hereof.
x
'
N
H. INVERSE CONDEMNATION. Should any Inverse mntlemnatlon result by
reason of actions of a public authority. Including without IlmltatIOA any Gals
n
or actions of any environmental protection act or regulations. and a final
q
Judgment of n court of compebnt jurisdiction shall so determine, then the
y
rights of the Parties shall M the um as though Condemnation had taken place.
I. TFANtxPTION Of BENEFITS. In the rvent of a taking by condemnation or
Inverse Condemnation of any portion of the Center, all easements appurtenant
d
to the portion s0 condemned shall, upon the taking of such portion, terminate
1
to the extent they are appurtenant to such portion, but shall continue as to
any portion not so condemned.
ARTICLE %VI1
s eFES.
-
,i
CORRECTION Of SITE D
t
orrnwc OF EASEMENTS
It Is recognized that by reason of inadvertent construction errors, the
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Developer Improvements antlior the Stores of the Majors may not be Precisely
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constructed within their respective Tracts as described in Exhibit A. As soon
g,
as reasonably possible after compietlon of tau construction of the Developer
Imps ement s, as the use MY be, Developer shall cause an "as -built" survey
'd
y
to be made of the Developer Improvements and the Conon Area Improvements and
ny
utilities located on each Party', Tract showing Tract boundaries. The Cost of
1
such survey shall be paid for by Developer. In the event such surveys shall
7
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disclose that the building or build) n9s of any Major, or the Developer Improve-
s
j
menta, as the case may be appropriate, has not been precisely constructed
bbbCCC�V
within Its respective Tract, then upon request of any Party, each Party agrees
R
ry
to grant an easement over that portion of Its Tract es Is required to alto4-
the locatl on o4 such building or bulldlnpf as shown on the survey. Notwith-
the
standing the foregoing. If as a result of any such encroachment, any govern-
%' a
mental agency requires a lot line adjustment or other method of subdlvlalon
rompH sore in lieu of an easement, than In that even[ the encroaching Party
i'
s hail bear the responds i bl l l ty and expense of obtai n l ng the lot it me adJ ustme n
or other method of subdivision Compliance and any required permits to allow
L
the location of such encroaching building as shown on the survey, Each Party
shall cooperate in any such proceedings and any Party Upon whose Tract rush
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A encroaching Improvements have been Constructed shall convey satisfactory title
to the encroaching Party, provided the encroaching Party conveys or otherwise
transfers to such other Party satisfactory title to an equivalent amount of
square footage of Its Tract as ,Is reasonably satisfactory to such other Party.
R Nothing herein contained shall be deemed to relieve or excuse (It any Party
from exercising all due diligence to construct Its Floor Area, G n Are, and
A
other Improvements within Its nspective Tract as described on Exhibit A and
iR as shown on Exhibit b, and (it) the encroaching Party item reimbursing another
QParty for all costs and expenses Incurred by each Party in modifying, changing
or altering its improvements as a result of the encroachment.
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ARTICLE XVIII
Sims
n
A. SIGN CRITERIA. Attached hereto, and marked Exhibit 0, are Criteria
for all signs to be erected within the Shopping Center Site, and no signs
shall be erected In the Shopping Center Site which do not Conform In all
respects to Said criteria, It is understood sold Crlterla expressly excludes
therefrom the bullding Idents ElcatiOn signs on the Stores of the Majors.
It. APPROVALS. If any Occupant shall request a Sign not Completely In
o
accordance with the sign criteria, such sign shall not be erected without the
written consent of the Parties. Any change made to any Initially camDletad
sign which causes the same to not fall within the scope of the sign criteria
,i
Is hereby prohibited, and any such changed sign shall be considered as a new
Installation and any deviation from the criteria shall similarly require the
j{
approval of the Parties.
C. IDENTIFICATION SIGNS. The location of one (1) pylon Identification
'
sign, an electronic message center sign, and four (4) monument signs are shorn
on Exhibit 8. The pylon Identification sign Is a sign to be used for the
Identification of the Canter and for a marquee for a theatre complex In the
Center and Is designated on Exhibit 8 as "Center Pylon Sign". The location of
S
the electronic message center Is Identified on Exhibit 8 as "Message Center
Pylon Sign." The location of the monument identification signs are shown on
L
Exhibit 6 ("Monument Signs"). Subject to Its obtaining all required
governmental permits, Developer shall Install the Center Pylon Sign, the
Message Center Pylon Sign, and the Moonset Signs In the locations shown
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therefor on Exhibit 8 as part of the compo Improvement work antler Article
VI. The Monument Signs shall be used exclusively for Identification of the
{I
Center. The Center Pylon Sign shall be used exclusively for identification of
the Center and for a marquee for my theatre located in the Center.
Developer shall cause the Project Architect to prepare and submit to the
I,
other Parties for their approval, the plans and speclf lcattons For the Center
Pylon Sign, Message Center Pylon Sign, and Monument Signs. Such plans shall
Include all technical Information, Including (1) lighting for the signs, (IL)
i+
h
colors to be used In the signs, and (111) materials.
t
The Center Pylon Sign, Xessage Center Pylon Sign, and Monument Signs shall
be maintained by Deyeluper as part of the Compn Ara& and the costs and
expenses of such mintenmce shall be a Caeaml Area Mdlntenance Cost;
1
provided, hoverer, the theatre marquee portion of the Center Pylon Sign shall
be Installed, repaired and replaced at the sole cost and expense of Developer
or the Occupant of the theatre.
ARTICLE %I%
t
RULES AND REGLILATIDjM$
Each Party severally agrees to observe and Deeply with, and shalt cause
its respettive Permittees to observe and comply with, such rules and regula-
related to the Center as may be adopted from time to time by the written
yHone
agreement of the Parties. The Pestles hereby adopt the rules and regulations
g
attached hereto and marked Exhibit E, until such tl res as new +red OI4Rrent
'
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rules and regulations shall be adopted, as aforesaid. an amendment o/ such
1n
rules and regulations shall not be deemed to be, nor shall it require, an
Y
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amendment to this REA.
ARTICLE R%
mvFReXic OF DEyi 0P R
A. STANDARDS. The Parties agree that It Is In their mutual beat
Interests. and Important to the meximum utlllxatlo, of their Tracts. that the
,
t
Shopping Center Site and each resptttive Store Site be developed and maln-
tanned as an integrated and first class shopping center which will contain a
combination of 0[cupants which (U represent a sound and balanced dlverslflta
tion of merchandise. (11) are well qualified and willing to direct an intensive
and continuous merchandlsing and probational program, (111) -111 be of strong
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{ financial condition end good repute, lip) will efficiently utilize and not
exceed the capacity of the avdllable Automobile Parking Area, or any portion
thereof, and (v) Will Pl eturl ie. decorate and maintain their respective Store
premises In a tasteful and decorous manner, having regard for the general
rj standards of appearance prevailing In the Center. In furtherance of such
purpose the Parties have agreed to the provisions of Articles IV, Vil I, IS, X.
this Article and Article SRI.
B. SWMAGEMENT CRITERIA. Developer covenants and agrees, subject to the
provisions of Articles Sill. XVI and Section M o1 Article %KIX, and subject to
R the other provisions of this ArtiUe, that, during the Operating period
provided for In Section A of Article )(KI and so long thereafter as at least
one (1) Major Is operating In at lust its Mlnimmm I1 cor Area set forth In
Section A of Article VIII, Developer will manage and Operate. or rause to be
g managed and Operated, the Developer Impravaments and the Cotton Areas, In Me
following manner:
1. As a complex of retell stores and comrmrclal enterprises which Is
a a part of a first clan, regional shopping center development with an
Enclosed Mall and other related Common Area fecilltin.
i. Usa Its haat efforts t0:
(a) Have dil of the IT we Area of the Developer Mall Stores and
.{ Sears Store occupied and open for business in that, entirety; and
(b) Neve at all it nes a diversified mixture and balance of
Occupants.
3. Under the name of Gateway Nall and under no other new , without
?� the prior approval of each Major, in Its sole and absolute discretion, so
long as each, respectivelY. Is a Party.
4. So as to have Fluor Area In the Developer Mall Stores of not less
than the Minimum Floor Alta provided In Section A of Article VIII.
5. In accordance with the sign criteria prescribed in Exhibit D and
the rules and regulations prescribed In Exhibit E.
6. So as not substantially to change, Had Ify or alter in any manner
L or to any extent whatever the extarlor of the Developer Moll Stores and
the Enclosed Mall, without the prior approval of each Major, provided,
however, that this shall not apply to changes in the Interior storefronts
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of Occupants of the Developer Nall Stores.
T. So as to maintain the layout of the Developer Improvements on the
Developer Tract as Shaun on Exhibit 8 and to Operate the Developer
Improvements within the confines of the Shopping Center Site as depicted
Oil, Eahlblt Q.
B. So as to keep the Enclosed Nall open and operating and to provide
heating. cooling and ventilation for the Enclosed Rall and to malntaln the
air-condttloning system threin at all time when the retail operations on
the Developer Tract or the Tract of any major are open for business, and
for not less than thirty (30) minutes before and One (1) hour after the
same are so open, and In such mannan so that the temperature and humidity
throughout the Enclosed Rill is at a reasonably comfortable level and In
accordance with the provisions of Section F-8 of Article IV.
9. maintain a quality of management and operation not less than that
generally adhered to In other slmilsr one -laves first clan nql ones
shopping centers In the State of 0"101-
10. To open the Enclosed mall and the Developer Rall Stores when
provided in Section 0 of Article V and In not less than the Initial
Planned Floor Area provided for in Section A of Article VIII.
11. So as to came Start to 19,06 In the Sears Store Lease to 0pe rate
the Sears Store as a retail department store In not less than the minimum
number of square het of floor Area required under Section A of
Article VIII for at least tan (10) cousecutive years from and after the
onto when at least one (1) major first opens for business In Its Store,
under the trade name ,Sears- or under such other name as It Is doing
business In at least seventy-five percent (751) of Its currently existing
,,tall stores which Sears Operates In regional shopping centers In Oregon
under the trade name specified above as of the data of this REA; provided
that such operating covenants may h Subject to the Sime and only the same
,,ndltlont a5 Provided in Article a%I hft0f. Do BI Oper agrees to enforce
the Operating covenants of Sears an )Ong as one <0 major IS operating in
at least Its Rlnlmum floor Area at forth In Article VIII -A.
6. BENEFITS TO MAJORS. Each and all of the provisions of this REA On
Developer's part to be performed (whether affirmative or negative In nature)
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are Intended to and shall bind each and every Person comprised within the term
Developer, at any time, and from time to time, and shall Inure to the benefit
of each respective Major.
D. COVENANTS RUNNING WITH THE LAND. Each and all of the covenants of
Developer In this REA shall bind the Developer Tract and are also intended to,
and shall bind, each and every Person having any fee, leasehold or other
Interest In any part of the Developer Tract, at any time and from time to
time, derived through any Parson now or hereafter comprised within the term
Developer to the extent that such part of the Developer Tract Is affected or
bound by the covenants In question, or that such covenant Is to be performed
thereon, and shall Inure to the benefit of each respective Major and their
res pact No Tracts and shell run with the land. Each such covenant shall
constitute an equitable servitude and a covenant running with the land under
apPllcable law.
E. DOMINANT AND SERVIENT ESTATES. With respect to the various covenants
(whether affirmative or negative) on the part of Developer contained In this
REA which affect, or bind, or are to of performed on portions of the Tract of
any Party, as the case May be. the Tract benefited by such covenant shall,
during the term of this REA, be the doelnant estate, and the Developer Tract
(or if the particular covenant affects, binds, or Is to be perfarmed on less
than the whole of the Developer Tract, then with respect to the particular
covenant, such Portion thereof, as Is affected by, or bound by, the particular
covenant, or on which the particular covenant is to to performed) shall during
the term of this REA be the seryl ant estate.
f. MUTUALITY Of COVENANTS. Menever any Person or any portlon of a Tract
Is not bound by. or bound to perform, a covenant or any por tlon thereof mad,
herein by a covenantor, such Person or portion of such Tract, as the case may
be, shall during such period. not be entitled to the benefits of the reciprocal
covenant, or portion thereof, made herein by any other covenantor.
ARTICLE XXI
DIVENANS ILMildu
A. OPERATION COVENANTS.
1. Ibr9atSoystla¢ti.
(a) Subject to the provisions of Articles XIII and XVI and Section
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M of Article XXIX, and to the other provisions of this Article, and
3
subject to Sears providing Developer a covenant to operate under the trade
name "S9ars" in the Sears Store On the Sut term, and conditions Stated
hereinbelow, Target cmenants and agrees with Developer that 1t will open
Its Stora On or before the date set forth for such opening 1n Article VII
and that It will after such opening Operate, or cause the sanw to be
)
'y
Operated In not less than the minimum number of square feet of Floor Area
"
required under Section A of Article Vill for ten (10) consecutive yeah
from and ager Its SCM1atlubd Opening Data, under the trade nano Of
§
"I
"Target" or under such other names as It is doing business In at lust
seventy-five percent (75%) of its currently existing retell stares which
Target operates in regional shopping enters In Oregon under the trade
{,
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name specified above as of the date of this REA.
(b) In addition, subject to the provisions of Articles Xlll and
XVI and Section M of Article XX1X, and to the other provisions of this
%r
Article, and provided the Sears Store building 1s occupied and operated as
a retail department store, Target covenants and agrees with Developer that
"st
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It will, from and after the expiration of the ten (10) year period set
i
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forth to subparagraph (a) above, for the next period of five (5) years
Operate Its Stara 1n not lass than the min Imam number of square feat of
i
Floor Area required under Article VIII as a single use retail ,tore order
any name. After the expiration of the periods of operation set forth In
1�
subparagraphs (a) and (b). and contlnuing for the next five (5) years
only, If Target should discontinue operations as a single -use retail store
`
under any name. Target shall, within thirty (30) days thereafter, notify
N n�
Developer pursuant to this Article XXI that said operations were
;o
dli[Ontl nYld.
(,
2. The hours of business, the number and types of departments to be
i r
Operated In each Major's Store, the particular contents, wares and merchan-
dise to be offered for tale and the services to be rendered, the methods
and extent of merchandising and storage thereof, and the manner of
Operating such Major's Store In every respect whatsoever shall be within
Lthe
sole and absolute discretion of each respective Major. The Majors may
each Operate a department or departments In their respective Stores in
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wdote or In part by licensees, tenant[ and/or Concessionaires.
y.
B. RELEASE FROM OBLIGATIONS.
y
1. Each Major shall be released from the performance Of Its
respective obligations contained In Section A of this Article 1n the event of
any of 4he following:
€.
(al IP the Developer ceases to Comply with or has violated any of the
ri
provisions of Sections B-1, B-2, 6-4, B-6, B-7, B -B or B-11 of Article XX;
provided, however, that Developer shall have sixty (60) days after written
@X
"E
notice of Such default from any Major to cure any such default, Or /f such
default cannot be cured within sixty (60) days, to diligently commence
Curing within such time, and diligently cure within a reasonable time
li
thereafter.
t
(b) If less than the stated percentage (indicated below) of the
initial Planned Floor Area of Developer Mall Stores (excluding the Sears
{
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Store) 1s occupied and open for business; provided, however, that
Developer shall have twelve (12) xa,tbS after written notice frau any
Major of such failure to remedy the Sema. Such condltl on shall be
conclusively deemed to have been remetlled If, tlurlltg said twe lva (it)
month period, Developer Shall have entered Into bonaflde leaves which
require the openln9 for business of Floor Area of such Developer Nall
t
'
Stores sufficient to Increase the occupancy and opening for business of
such Developer Mall Stores to more than the then -applicable stated
5,
percentage (indicated below) of the Initial Planned Floor Area, which bona
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i
fide leases shall provide for the actual commencement of occupancy and
f
Opening for business of Floor Area by the Occupant within said twelve f12)
ills
month period The stated percentage of the Initial Planned Floor Area of
Developer Mali Store$ It: (I) fifty percent (SLI from Developer's
1
Scheduled Opening Date through the next two (2) year period; and (11)
V
sixty percent (60%) from the second anniversary of Developer's Scheduled
Opening Data though the next one (1) year period; and (IIL) seventy
Percent (70%) from the third anniversary of Developer's Scheduled Opening
Data through the remainder of a Major's Operating Covenant.
{
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tc) if (1) Sears Is in default of Its Operating Covenant provided for
In Article XX -Bull) for a period 1n excess of six (6) consecutive months,
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or (it) if at any time during the last ten (10) year period of Its
covenant to operate, Sears ceases to occupy and Operate In the Fl aur Area
specified In Article XX -11(11) for a period to excess of twelve (12)
Consecutive months, or 1111) If Sears has been released flow Its covenant
to Operate. Any reduction below seventy-five percent (75%) 1n the number
`
of Sears' retail stores to eslstgnce as of the data of this REA in
L
regional shopping centers In Oregon, at the option of the Major, which
,piton shall be eaerclsed by giving notice to the Developer (with a copy
)
to all of the other Xajors and Parties), shall M deemed a ceasing of the
Operation of the Stora of Sears for the purposes of this paragraph j.
C
(d) If such Major shall be released Issue the perfor AnCR of Its
obligations under Article XIII -D pursuant to the provisions of this REA.
j
Nothing contained in the foregoing PlO1ISICA1 shall In any menner be
construed as diminishing, or be deemed to COOttltute a waiver of, any
other rights of a Major retuning froe failure of Developer to perform Its
covenants sat forth In Section 6 of Article XX or elsewhere In this REA or
fron the default of any other Party hereunder. Motwithstanding anything
contained herein to the contrary, the covenants contained in Section A If
this Article Shall not impose upon such Major any greater obligation to
rebuild, reconstruct or restore then at Set forth in Article Xllt.
pp
t;
A Major's release under this Section shall not be effective unless and
a
until (1) the avant glving rise to the right to release continues to ewes[
G=.r
uncured atter the giving of notice of such event and erDl rail on o4 the
1, ;
applicable cure period and (11) such Major notifies Developer and the
other Najars, If any, of the `vct that the notice is for the purpose of
;
4
obtaining a let.... from It, Poen Ung Covenant. dear log the time when the
�t
event giving rise to such release Is uncured. Upon giving such notice,
the operating Covenant of such Major provided In Section A of this Article
and Its reconstruction covenant In Section D of Article X111 shall
terminate and such Major shall not be required thereafter to continue
Operating Its Store or to reinstitute such operation, notwithstanding the
subsequent curing of any default or condition referred to heroin.
Continued Operation by such Major following said notice shall not diminish
9d
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the effect of such notice nor the release of such Maier.
I
2. In addition to and not in limitation of Its rights under Article
` XXI 8-1 above (except in the case of paragraph (c) below which Imposes
conditions In addition to those required under Article XXI-8-1(1) above for
the period following completion of two (2) or more of Department Stores C, 0
and E), Target shall be released from the performance oP Its Wipe[ tive
i
y obligations contained In Section A of this Article In the event of the
fallowing:
(a) II Developer for such other person or entity) at any tine for
from time to Fling If lets than all of the Phase 11 Development is
commenced) Commences construction o4 all or a portion of PAafe 11
�� +
Developement sa further described In Developer's written notice to Target
required under Section E of Article V, but falls to complete such
construction wl thin twelve (12) months filter the scheduled completion
date, but sub3ect to the provisions of Article XV. II Developer for such
jI
other person or entity) either discontinues constructi W. or without
i
$
I discontinuing constructlon. falls to canpHb construction by the
scheduled cowry letlon date but thereafter promptly and diligently and In
any event, as soon as possible after such discontinuance or failure to
'
complete, as the case may be, completes the razing and removal from the
i
Shopping Center Site of all Components of such construction So that
t(�
improvements to the DaveloDar Tract are the sane or subatan tt ally tiM same
rN
as they ewlsted prior to commencing the Phase 11 Development In question,
f
then Target shall not be released from the Performance of Its obligations
p
contained In Section A of this Article as a result of the failure to
j
complete the Phase li Development In question.
(b) If, at any time after completion of any one (U Of Department
^
Store C. D or E, but prior to completion of any two (2) or more of
Department Stores C. 0 or E, any of the events or conditions described In
Article XXI-B-1(c) Occur.
(c) If, at any time after Developer's completion of any two (2) Or
more of Department Stores C, D or E. (I) any, of the events or conditions
described In Article XXI-B-i(C) occurs, and (11) at any time therearter
any of the following occurs: (A) any ono (1) of the Occupants of
L
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Department Store C, 0 or E Is In default of or otherwise released from Its
Operating Covenant, if any, or (0) any one (1) of the Occupants of
I
Department Stores C, 0 or E ceases Operating or is Operating In less than
the respective nen l mum number of square goat of Floor Area required under
�
'a
Section A of Article VEIL for such Department Store, or (C) any one (1) or
4
more of Oepartmmt Stores C, D or E completed by Developer has no Occupant.
Target's release under this Section shall not be effective unless and
ri
until Target notifies Developer of such event and that the notice Is for
,
the purpose o/ obtaining a release from Its Operas( n9 Covenant, during the
E
time when the event giving rise to such release Is uncured. Upon Velma
such notice, the Operating Covenant of Target provided In Section A of
+'
this Article and Its reconstruction covenant In Section D of Article XIII
shall terminate and Target shall not be required thereafter to continue
Mt9i
Operating its Store or to reinstitute such Operation, notwithstanding the
1
subsequent curing of any default or condition referred to With,
' t
Continued Operation by Target following said notice shell not diminish the
effect of such notice nor the release of Target.
n
Nothing contained In the foregoing provision, shall In any manner be
construed as diminishing. or be deemed t0 constitute a waiver of, any
.i
other rights of Target resulting from failure of Developer to perform Its
is
R
covenants set forth In Section B of Article XX or elsewhere in this REA or
e
from the default of any other Party hereunder. Notwithstanding anything
contained herein to the contrary. the covenants contained In Section A of
�ft
this Article shall not Impose upon Target any greater obligation to
i
rebuild, reconstruct or restore than as set forth in Article %ill.
I;
y
)
i
C. SUBORDINATION TO LIEN. The covenants contained In Section A of this
Article (but no other provision of this REA) are subordinated to the lien of
any Mortgage recorded against the Tract which is burdened by such covenant
(including, but not by way of limitation, any blanket Mortgage which may cover
any other property or properties of such Party, whether awned 1n fee or as a
iIIL�f�'
leasehold, in addition to the property Interest or Interests previously
Lreferred
to In this sentence), to the end that a purchaser or purchasers in
any foreclosure proceedings, or pursuant to any exercise of power of sale, or
IILI)1
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any grantee under a deed In lieu of foreclosure, and all successors to or
through any such purchaser or purchasers, or to or through any such grantee,
shall take free and clear of the covenant. Each Party covenants and agrees to
execute and deliver to the others, upon request therefor, such Instruments. In
recordable form, as shall at any time and from time to time be required (the
farm of which shall be In the good faith, reasonable judgment of counsel for
such Party) in order to conflre or effect any such subordination as referred
to In the preceding sentence. Nothing herein contained shall be deemed to
roll,,. a Major of Its obligations for the Operating Covenant set forth In
Section A of this Article regardless of any foreclosure which my occur under
any such Mortgage. No Party shall be obligated to execute any such Instrument
which In any way alters, diminishes, changes or modifies such Party's rights
or obligations under this REA.
D. BENEFITS TO OTHER PARTIES. Each and all of the provisions of this REA
on the respective parts of the Majors to be performed (Whether affirmative or
negative in nature) are Intended to and shall bind each and every Person which
tasprises or is a part of each Nsjor, at any time and from time to tin, and
shall Inure to the benefit of each of the other Parties.
E. COVENANTS RUNNING WITH THE URD. Each and all of the covenants of the
Majors relating to their respective Tracts are intended to, and shall bind each
and every Person having any fee, leasehold or other interest in any part of
such Tract, at any time and free time to time, to the extent that such part of
their respective Tracts is affected or bound by the covenant In question, or
that such covenant Is to be performed thereon, and shall inure to the benefit
of the other Parties. Each such covenant shall constitute an equitable servi-
tude and a conversant running with the land under applicable low.
F. DOMINANT AND SERVIENT ESTATES. Kith respect to the various covenants
iwhether affirmative or ne9ativ0 on the part of each respective Major con-
talned in this REA, which affect Or bind, or are to be performed on portions
of Its respective Tract, the Tract benefited by such covenant shall, during
the term of this REA. be the danluant estate, and the Tract of the respective
Party. as the case may be (or If the particular covenant affects. binds, or Is
to be performed on less than the whole of such Tract, then with respect to the
particular covenant, such portion thereof as is affected by. or bound by the
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particular covenant, or On Mlch the particular covenant Is to be performed),
shall, during the term of this REA, be the servient estate.
G. MOTUALIIY OF COVENANTS. Nhenever any Person or any portion of a Tract
1s not bound by, or band to perform, a covenant or any portlon thereof made
ynavel. by a cove0antor, such Person or portion of such Tract, as the ase may
be, shall during such period, not be entitled to the benefits of the reciprocal
d covenant, or portion thereof, made hareln by any oMar covenantor.
ARTICLE XXII
TAXES AND ASSESSMENTS
A. PAYMENT. Won as to nevdoper-s Tract, and each Major as to Its
' respective Tract, stall pay, or cause to be paid, prior to delinquency, all
texas and assessments upon such respective Tract. and the buildings and
jImprovements and personalty gamed or leased by such Party In the Canter,
provided that if the taxes or assessments or any portion thereof, may be paid
In installments, any Party may pay each such Installment as and when the same
becomes due and payable. Each Party shall upon the request of any other Party
provide to such other Party for examination sufficient evidence that all taxes
and assessment, have been paid by such Party pursuant to this Article.
j, Developer shall use its best efforts to cause the Tract of each Party to
be separately assessed by the taxing authority.
B. CONTEST. If any party shall deem the taxes and/or assessments, or any
part thereof, to be paid by such Party, to be excessive or Illegal, such Party
shall have the right to contest the same at Its own cost and expense, and
shall have the further right to defer payment thereof so long as the validity
or the amount thereof Is contested In good faith: provided, however, that any
such contested tax or assessment shall be paid by the conte5ting Party Priorto
the time when the affected Tract (or portion thereof) can be subjected to sale
under applicable law pursuant to A proceeding which may result in Impairment
of the rights created hereunder or terminate any provision hereof as applied
to any such Tract. Any such payment may be paid under protest.
C. NON-PAYMENT OF TAXES BY A PARTY, in the event any Party shall fall to
L comply with Its covenant as set forth In this Article, any other Party may
give a written notice to such falling Party and If such failure Is not cured
within thirty (30) days after receipt of such notice, the Party giving notice
L
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may pay such taxes and penalties and Interest thereon, and shall be entitled
to prompt reimbursement from the defaulting Party for the sums so expanded,
with Interest thereon as provided In Section K of Article KA1k.
5
D. ASSESSMENT BENEFITING SHOPPING CENTER. Anything In Section A of this
Article to the contrary notwithstanding, In the event an assessment IS levied
against One Or more Tracts that 1E 0( general benefit t0 the Center as a wh01e
d
as opposed to a special benefit to the Tract or Tracts levied against that
excluding any assessment levied In Connection with the initial construction
and/or Installation of the common improvement work, which assessment shell be
paid solely by Developer regardless of the Tract on which It Is assessed and
such assessment stili not be included within Common Area Maintenance Cost).
such assessment shall be prorated among the Parties In the ratio that the
Initial Planned Floor Arai of each Party bears to the Initial Planned Fl our
`
Area of the Center.
[j
ARTICLE KKIII
ARBITRATION
1
A. DISPUTES COVERED. Any dispute Involving any provision of this REA
i
vhl th contains spe<I(ic provl slops for resolution of such dispute by erDltra-
flan shell be resolved by arbitration, ae Drove lded mere les; provided, however,
F
a
that any Party my seek prohibitory Injunctive or declaratory relief without
V
first submitting a controversy to arbitration.
B. PROCEDURES. Any Party may request a Meting to be attended by ail
Parties for the purpura of resolving any such dispute. At sato Meting, the
Parties shall attempt in no faith to resolve the matter In dispute If the
matter is not resolved at Such Meting, or If the Meting Is not held, any
Party may, within thirty c30a days from the date set for such meeting. Pike a
written request to resolve such dispute by arbitration. Within ten (10) days
fray the date of receipt of such notice, each Party shall select an arbitrator.
Such arbitrators shall not within ten (10) days after selection for the
purpose of resolving the dispute. if a majority of such arbitrators are unable
to agree, an additional arbitrator shall be selected by the designated arbitra-
tors. If such arbitrators are unable to select an arbitrator, such arbitrator
L
shall be appointed by the Presiding Judge of the District Court of Lane
County, State of Oregon, acting In his Individual, private capacity, At the
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request of any such Party, and no other Party shall ral se any object l on to the
authority or ,jurisdiction of such ,judge to make such appointment. Rlthin ten
(10) days from the appointment of such additional arbitrator, all arbitrators
shall meet and determine the matter in dispute and shall resolve the same and
all questions pertaining thereto within twenty (20) days from the date of
selection of such addltlonal arbitrator.
A majority decision shall be final as to the Issues submitted at any stage
of the proceeding. Arbitrators shall not have authority to award damages.
Each Party shall bear Its own expenses except those relating to the selection
and services of the additional arbitrator which shall be born. equally by the
Parties. All arbitrators selected or appointed pursuant to this Section shall
have substantial training and professional eaperienco In the subject matter of
the arbitration.
The decision of the arbitrators may be entered as a judgment In a court of
competent jurisdiction. All arbitration conducted under this Article shall be
In accordance with the rules of the American Arbitration Assocl allow, to the
extent such rules do not conflict with the procedures herein set forth. To
the extent permitted by law, compliance with this Article is a condition
precedent to the commencement by any Party of a judicial ,proceeding arising
out of a dispute which is subject to arbitration bereundar.
ARTICLE %XIV
ATTORINUS_EEES
if any Party shall bring an action or proceeding (including. without
limitation, any cross-complaint. counterclaim or third party claim) against
.' any other Party by reason of the breach or alleged violation of any covenant,
term or obligation hereof, or for the enforcement of any provision hereof. or
to interpret, or otherwise arising out of this REA, the prevailing Party In
1 such action or proceeding shall be entitled to Its costs and expenses of suit,
Including but not limited to reasonable attorneys' fees, which shall be
' payable whether or not such action is prosecuted to judgment '-Prevailing
Party" within the meaning of this Article shall Include, without limitation, a
Party who dismisses an action for recovery hereunder In exchange for payment
of the sums allegedly due, performance of covenants allegedly breached or
consideration substantially equal to the relief sought in the action. If any
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Party Is required to Initiate or defend any action or proceeding with a third
party (including, without limitation, any cross-complaint, counterclaim or
third party claim) because of any other Party's breach, then the Party so
Initiating or defending shall. If such Party is the prevailing Party, be
entitled to reasonable attorneys' fees from such other Party.
ARTICLE AAV
NOTICES
A. KTICES TO PARTIES. Any notice, demand, request, consent, approval,
designation, or other communication which any Party is required or desires to
give or make or communicate to any other Party shall be in writing and shall
be given or made or communicated either by personal delivery or by United!
States registered or certified mil, return receipt requested, addressed. In
the case of Developer to:
Gateway Mall Limited Partnership
c/o General Growth of California, Inc.
15621 Ventura Boulevard, Suite 525
Encino, California 91436
Attention: President
with a copy to:
General Growth Companies
215 Keo. P. 0. Bow 1536
Des Moines, Iowa 5306
Attention: General Counsel
and addressed, In the case of Target. to:
Dayton Hudson Corporation
Target Stores - Real Estate
Attention: Property Administration
33 South Sixth Street
Minneapolis, Minnesota 55402
subject to the right of any Party to designate a different address by notice
similarly given. Any notice, demand, request, consent, approval, designation,
including any duplicate original, or other communication so sent shall be
deemed to have been given, made or communicated, as the case may, be, on the
data personal delivery was effected (If personally delivered) or If the same
was delivered by the United States mall as registered or certified matter,
with postage thereon fusty prepaid, then on the delivery date or attempted
delivery date shown on the return receipt. If any such notice requires any
octlon or response by the recipient, such fact shall be clearly stated In the
notice in the manner provided for In Section F-2 of Article %%I%.
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8. MORTGAGEE NOTICE AND RIGHT TD CURE. The Mortgagee under the Mortgage
affecting the Tract of a Party, shall be entitled to receive notice of any
default by the Party whose Tract Is subject to such Mortgage, provided that
such Mortgagee shall have dellvend a copy of a notice in the torn hereinafter
contained to all Parties. The for- of such notice shall be as follows:
The untlersigned, whose address Is
{ does hereby certify that it Is the holder of a first lien upon the
5 land [or, aiternatlyely the holder of a first lien upon the leasehold
f estate or the fee owner or lessor or subleuorl described on Exhibit
a A attached hereto which lien encumbers the Tract of (Party) In
Gateway Mall, Springfleld, Oregon, and Is the Mortgagee holding the
baTurlty interest In said land. In the event that any notice shall
lI given of the default of the Party upon where tract this lien
applies, a copy thereof shall be delivered to the untlersigned who
shall have all rights of such Party to cure such default pursuant to
the Construction, operation and Reciprocal Easemmnt Agreement VIPER").
i Failure to deliver a copy of such notice to the undersigned shall In
no way affect the vat l dl ty of the notice of default at IL retiree ts
r such Party, but shall toll any applicable time per l not for cure by the
Mortgagee or the taking by the Mortgagee of any other action required g
under the PEA until such notice Is properly delivered. {
Any such notice to Mortgagee shall be given 7n the lana manner as provided In
Section A of this Article. In the event that any notice shalt be given of the
default of a Party and such defaulting Party has failed to cure or commence to.
,.no such default as provided In this PER, than end In MRL event the Party I
giving such notice of default covenants to give any such Mortgagee under any
Mortgage affecting the Tract of the defaulting Party an additional notice,
given in the manner provided in Section A of this Ar'tic 1, that the defaulting
Party has failed to cure such default, or has failed to commence or to prose-
cute the cure as provided In this REA, aid such Mortgagee shall, except for a
failure to cure within the time requirements of Section 8-2 of Article xxt,
have thirty (30) days after said additional notice to cure any such default,
or, if such default cannot be cured within thirty (30) days, diligently to
commence curing within such thirty (30) day period and diligently pursue such
cure to completion within a reasonable time thereafter. Giving of any notice
of default or the failure to deliver a copy to any Mortgagee shall In no event
create any liability on the part of the Party so declaring a default.
ARTICLE y%VI
AUSTELL
1 A. METHOD OF AMENDMENT. In, Parties agree that the provisions of this
1—
PIA may be modified or averted. In whole or in part, only with the consent of
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all of the Parties, by amendment in writing, executed and acknowledged by all
of sold Parties, duly recorded In the Office of the Recorder In and for the
County of Lane. State of Oregon. Any amendments or modifications hereof
(Including any extensions and renewals hereof), whenever made, shall be
`
superior to any and all Il ens, to the same extent as this REA as If such
!
amendment or modification had been executed concurrently herewith. In the
event a Party has a Mortgage on Its Tract and such mortgagee has given notice
3,9
of the existence of such MOrtgail to all of the other Parties to this REA In
3
accordance with Section 6 of Article XXV, any amendment or modification of
this REA without the written consent Of such NOrtIlgeO shall not be enforce-
able against or binding upon such mortgagee, nothing herein contained shall
j
constitute an agreement by any party that the REA cannot be amended without
e
the prior approval of another Party's Portgagee. Nothing contained herein
{({t
precludes any separate agreements between two Or more Parties, provided that
the other Parties shalt not be bound or affected thereby.
S. NO THIRD PARTY BENEf ICIARY. Except for the provisions of Section I Of
L
Article XIII and Section B of Article XXV which are for the benefit of a
6
Mortgagee and the Partial, the provisions of this REA an for the exclusive
benefit Of the Parties, their successors and ,signs, and not for the benefit
of any third Person, nor shall this REA be deemed or construed to have
y
conferred any rights, a,press Or Implied, upon any third Person. It is
expressly understood and a9netl that no modification or amendment. In whole or
in part, shall require any consent or approval on the part of any Occupant or
Permittee or Person other than a Party.
ARTICLE XXVII
OF REA
TERMINUIOR
This REA shalt terminate, except for the easements provided In Sections
AM, A(5) and AM of Articla III on December 31, 2024, unless sooner
terminated under the provisions of Article XVI, Or Otherwise sooner terminated
after twenty-five (25) years from the date hereof by act Of the Parties as
hereinafter sat forth:
1. At such time as there Is less than fifty percent (50%) of the
LInitial
Planned Flswr Area being Operated. In the aggregate, on the Tracts
of all Parties, other than the Tract of a Party desiring to terminate,
L
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sucA Party may give notice to all other Parties of its desire to terminate
this REA as respects such Party's Tract. The notice provided for herein
shall be given at least two (2) years prior to the proposed effective date
of such termination and shall specify on its face the actual effectlo
date thereof. Such notice may be given at any time subsequent to the
twenty-fifth (25th) year of the term hereof When the conditions set forth
in this Paragraph shall occur and such rotice shall continue to be Iliec-
tive even if the level of Initial Planned Floor Area is increased above
fifty percent (SOU before the effective data Of any such termination.
Notice herein required to be given shall be prepared In recordable form,
and shall be recorded prior to the data on whioh it IS served On all
Parties aAd the recordation data shall show on the XOPIBS to served. Any
tvrmination pursuant to this Paragraph shall be effective only as resp¢ts
the Tract of the Party so terminating, and shall terminate all of Such
Party's rights and obligations under this REA, except for accrued
liabilities es iPeclfied In Section M of Article XXIX.
2. If at any time subsequent t0 the end of the twenty-fifth (25th)
year of the term of this REA less than forty percent (MOI) of the
aggregate Initial Planned Fl.r Area of the Shopping Center is being
0perated. this REA may be t,,elnated In Its entirety by any Party upon
giving notice to all other Pardo In the sem manner as provided in
Paragraph 1 above: provided, however, that the effective date of such
notice may be at any time more than sixty M) days subsequent to the date
Of the giving of such notice.
3. The provisions of the foregoing Paragraphs 1 and 2 she)) not apply
during any period when the reduction In Flom Area is due to a casualty or
taking which the affected Party or Parties pranptly tmmmnpe to repair and
reconstruct and thereafter complete with dil19ence so at to restore the
rage lred level of floor Area, pursuant to the applicable requirement, Of
this AEA.
ARTICLE XXVIII
L 011ITYAMTALLATION5
The Partla$ shall each, to the extent nacessary and to the extant the sem=
shall not result In the loss of compensation otherwise obtainable ft, .Ad---
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l4
be In
nation, in the execution of such Instruments as may required order
w�va�s;
,join
to effectuate the Installation (subject to the restrictions thereon contained
In the REA) for the sole benefit of the Center or the Parties' Tracts of public
x#lu
u[f ilii es and similar easements under and across portions of their respective
'}
Fv
Tracts.
#n
ARTICLE %%I%
XK[ELIANEOy
s''.• �..
y i
Y 1'r
d
A. BREACH SHALL XOT DEFEAT MORTGAGE. No breach of any Of the terms,
1
L 5^:
conditions, covenants, or restrictions of this REA shall defeat or rondo
i
7-.
Invalid the lion of any X rtgage made In good faith and for value, but such
c jy
{${
term, condition, covenant or restriction shall be binding upon and effective
against any Person who acquires title to said property or any portion thereof
9' '
Fi
d �
h
by foreclosure, trustee's sale or otherwise.
'Y
BssNAs TERdnAuaN• It is expressly agreed d that no
`
Y
f4
breach of this REA shall entitle any Party to cancel, or rescind or otherwise
y, °
limitation not affect, to any Palmer. any
Ne
terminate this RFA, but such shall
ri j
P
�^
other right or remedies which the Parties may have hereunder by reason of any
ukl
r 1c
breach of this REA.
2#�
C. L9PS19N5• The Table of COntants, Caption, o1 the paragraphs and
Article of this REA are for convenience only and shall not be considered norE
referred to In resolving questions of Interpretation and construction.
t
ry
'
D. CONSENT. In any Instance In vhl,h any Party to this REA shall be
t
mM
T;A
requested to consent to or approve Of any matter with respect to which such
v
t;r
Party's consent or approval Is required by any of the Provisions of this REA.
w X 9
Aad
such content or approval or disapproval shall be given in writing, and shall not
n
71t+5.
be unreasonably withheld or delayed, unless the provisions of this REA with
, }t
respect to a particular consent or approval shall expressly provide Otherwlse.
T
T
t
Requests for consent shall be subject to the provisions of Section of this
Article.
E.EciDPP RFRE i1T 1CAiE. Each Party hereby %,,¢rally covenants that upon
}
written request of any other Party, It will Issue t0 such Other Party. or to
)y111k�444
..
any prospective Mortgagee, or purchaser of such Party's Tract, an eStOPPOI
r
1.
car ti flcate stating: <U whether the Party to whom the request has been
directed knows of any default under the REA, and if there are %rrovn defaults,
L
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j;
specifying the nature thereof; ill) whether, to its knowledge, the REA has been
�d
assigned, modified or amended In any way (and If It has, then stating the
s
nature thereof); and (ill) whether to the Party's knowledge the REA as of that
46A
date 1s In full force and effect.
}�g
F. EXERCISE OF APPROVAL BIGHTS.
1. Wherever In this REA approval of any Party Is required, such
9
y " �
approval or disapproval shalt be given within thirty (30) days following
the receipt of the Item to be so approved or disapproved unless a different
time limit Is provided in any Article of this REA, or the same Shall be
f
conclusively deemed to have been approved by such Party. Any disapproval
shall specify with particularity the reasons therefor; provided, however,
„�..
that wherever In this REA any Party Is given the right to approve or dis-
approve In Its sole and absolute discretion it may disapprove without
r.tug
specifying a reason therefor. Each request for consent or approval shall
contain reasonably sufficient data or documentation to enable the recipient
to make an Informed decision.
rl
Y. Any document submitted for theconsent or approval of any Party
shall contain a cover page prominently reciting the applicable REA Article
t�,;
�y%e.o...
involved, listing the date mailed, and If applicable, containing a state -
rent to the effect that the document or the facts contained within such
t
document shall be deemed approved or consented to by the recipient unless
the recipient makes an objection thereto within the appropriate time period
{
jt
specified in such notice, which shall be thirty (30) days unless this REA
and said notice shall specify a different period. If the time specified In
the notice Is Incorrectly or not set forth, the time limit shall be thirty
(30) days unless a longer time period Is specified In the REA or in such
n021Ce, In which case the longer period Of tire shall control Failure to
specify such tl me shall not Invalidate the notice but simply shall require
r.�
the action o4 such Party within said thirty (30) day or longer period.
3. Wherever In this REA a lesser period of time Is provided for than
the thirty (30) day period herel nabove specified, such 11 we limit shall not
be applicable unless the notice to the Party whose approval or disapproval
L`
IS required contains a correct statement Of the period of time within which
such Party shall act. Failure to specify such time shall not Invalidate
Sara
Lbacription: Larne, OR Document - Y aro. 1bc10 f-1993] 1990.11883 Pagm: 108 Of 155 _
Order: wgwq Coamment:
F-
SOSLGL
5011885
"'
the notice but $Imply shall require the action of such party within said
01�
thirty (30) day period.
4. Wherever In thli PEA provision Is made for approval "by the
F '
c; a,
Parties" such phrase shall man the approval of all of the Parties.
4
G. GOVERN ?NG <ANS. This REA $boll be construed in accordance with the
Ia
laws of the State of Oregon.
F}
it. 1N1 x Ty_ IIVVE AMO OrflARaiORy REti[[. In the event of any violation or
threatened vl of att on by any Parson o9 any of the terms, restrictions, covenants
and conditions of this REA. any of the Parties shall have the right to enjoin
such violation or threatened violation or bring an action for specific perform,
once in a court of competent )urlsdlction. Prior to the commencement of any
such action, at least five (5) days' Written notice of such violation shall be
" r
given to the other Party or other Person responsible therefor. Any of the
#..
Parties shall also have the right to bring an action for Declaratory Relief to
- -SY
prevent any threatened breach or default hereunder or to obtain such
Interpretation or the provisions hereof as such Party shall desire.
yap
n•
I. AD _EAUREPSW2. Nothing contelned in this REA nor any acts of the
Parties shall be deemed or construed by the Parnas, or any of them, or by any
third Person, to create the relationship of principal and agent. or of partner-
ship, or of joint venture, or of any business association between any of the
R
Parties to EMS REA.
J. lgj R P Lji;_DE0jC&U0 y. Nothing contained herein Shall be deemed or
construed to be a gift or dedication of any portion of the Center to the
n
general public or for the general public or for any public purpose whatsoever.
It being the Intention of the Parties hereto that this REA shall be strictly
�e
limited to and for the purposes herein expressed.
qa
r.. PAYtlENL_07LDEFB9LI. If pursuant to this PEA any Party Is compelled or
is permitted and elects to pay any sum of money or do any acts which require
the payment of money by reason of any other Party's (1) failure or Inability to
perform any of the terms and provisions In this REA to be performed by such
other Party, or III) failure to pay any other sum when duo to any other Party
pursuant to the terms of this REA, the Party electing to pay any such sum shall
give a written notice to the falling Party and If such failure Is not cured
within thirty (30) days after receipt of such notice, the Party giving notice
L
-103-
Description: Lassa, OR Document - Year.IbclD [-1993] 1990.11883 Page: 109 of 155
Order: rrgsrg Cornent:
0
J
a
606LGL
.... 9O118y'g
L
-l0a_
Deacription: Lane, OR Document - Yaac. Doc1D f-1993] 1990.11883 Pagr: 110 of 155 --
Order: rrgsrq Consonant:
may such sum of money, and the defaulting party shall promptly upon demand,
pay
reimburse the paying Party for such sums, and all such sums shall bear simple
Interest at the rate of one percent 0%) per annum over the then existing rate
tf,
of Interest per annum announced from time to time by Hells Fargo, N.A. as its
"prime rate" (but In no event exceeding the maximum rate permitted by
applicable usury lav), from the date of expenditure until the date of such
reimbursement. Any other sums payable by any Party to any other Party pursuant
i
C i�l
t0 the terms and provisions of this REA that shall not be paid when due a0d
after Written notice In the manner provided in the preceding sentence shall
am
bur simple Interest at the rate of one percent (III per annum over the then
existing rate of Interest per annum announced from time to time by Hells Fargo,
N.A. as its "prime rate" (but In no avant exceeding the maximum rate permitted
by applicable usury lav) from the data of expenditure In the case Of (1) above
x
%s fir.
or the tlue date to the date Of payment thereof In the cast of (11) above until
the date of such reimbursement.
tK �,
If repayment shall not be aada within thirty (30) days after such notice Is
1
given In the manner provided In the preceding paragraph, the Party having so
^yr'
paid shall have the right t0 deduct the amount thereof, together with Interest
?�45
as aforesaid, without liability or forfeiture, from any sums than due or there-
li
after becoming due from it to the defaulting Party hereunder.
Any deduction made by any Party pursuant to the provisions of this Section
I
.I I.
from any sums due or payable by It hereunder shall not constitute a default In
+. ti.
the payment thereof unless such Party falls to pay the amount of such deduction
k,.
to the Party to wham the sum Is Owing within thirty (30) days after final adju-
dication that such amount Is owing. The option given In this Section Is for
the sole protection of the Party so paying and its existence shall not release
3'
the defaulting Darty from the obligation to perform the terms, provisions,
c,,events and conditions herein provided to be performed or deprive the Party
5
so paying of any legal ri ghti which It may have by rea50n of any such default.
�•,
L 1ATERT1ANALLY_211LUEP.
M. RELEASE. Subject to the provisions of this Section and Section FF of
Article 1, if a Party shall all, transfer or asslgn Its entire Tract or Its
t
•-'
interest therein, or terminate this REA as to Its Tract pursuant to any provl-
cion of thlS REA. it shall, except as provided In this REA, be released from
L
-l0a_
Deacription: Lane, OR Document - Yaac. Doc1D f-1993] 1990.11883 Pagr: 110 of 155 --
Order: rrgsrq Consonant:
a
606LGL
1 1'14 9011883
Description: Larrse,OR Docununt - Year.I c1D f-1993] 1990.11883 Page.: 111 of 155 _-
Order: swg Coamment:
s 1
Its unaccrued obligations hereunder from and after the date of such sale,
a�d
or asst gnmen E. It shall be a condition precedent to the release and
k !transfer
discharge Of any grantor or assignor Party that the following conditions are
satisfied: (I) such grantor or assignor shall give notice to the other Parties
to this REA of any such sale, transfer, conveyance or assignment concurrently
with the filing for record of the instrument effecting the saw, and 01) the
transferee shall execute and deliver to the other Parties a written statement
I
In which: 0) the name and address of the transferee shall be disclosed; and
"!
(g) the transferee shall acknowledge las obligation and agree to be bound by
{
this REA (where appropriate, under 1!s Separate Agreement) and Dulon all
obligations hereunder in accordance with the provisions of this REA (and such
Y�
Separate Agreement). Failure to deliver any such written skatawnt shall not
i
affect the running of any covenants herein with the land, nor shall such
.y�
failure negate, modify or otherwise of/at the liability of any transferee
pursuant to the provisions of this REA. but such Poi lure still constitute e
r to
default by the transferee hereunder.
In the event of any termination Or expiration of the interest of the lasses
or any surrender thereof to the lessor or any noelnea of the lessor which shall
"e
F
hold said Interest for the benefit of such lessor, the lessor and its
a
successors and assigns shall (notwithstanding any language in the lease or any
k
other Instrument, or In any instrument of surrender, preventing the merger of
title In said lessor and notwithstanding the fact that such surrender may be
{'.
made to such a nominee of the lessor) be liable for the performance of the
p,IPa�,i
thereafter accruing obligations under and pertaining to the terms of this REA,
s �`a¢j
except that said lessor shall have the right to have the covenant of the Major
as to Its Tract contained In Section A of Article XXI sunorcHated to Its
to Mortgage.
Interest as provided in Section C of Article XXI with respect a
r'
Anything in this Section to the contrary notrithstanding, it is expressly
understood and agreed that In the event of any sale, transfer or assignment no
Party to this REA shall be released arm its obligations to construct Improve-
ments pursuant to the requirements of Articles V, VI or VII and to open floor
Arca as provided In Article VII and to least floor Area as provided In Section
D of Article V, nor shall any Major be released from its covenant to Operate
pursuant to Article XXI, except as otherwise set forth herein, and in all
Description: Larrse,OR Docununt - Year.I c1D f-1993] 1990.11883 Page.: 111 of 155 _-
Order: swg Coamment:
Description: Lorre, OR Document - Year. Ibc1D [-1993] 1990.11883 Papa: 112 of 155
Order: rrgrrq Coammnt:
606LGL
9011883
,r 7,"
'7,"
events no such sale, transfer or assignment shall effectuate a release pursuant
el
to this Section until such successor In interest to the transferor Party has
v4rJ
expressly undertaken to be fully bound under the provisions of the REA and any
h P
Separate Agreement between such Party and any other Party In the place and
p
stead o4 the transferor Party.
M
l
N. SES B�ILITy. If any term, provision or eondt ti on contained in this
jtl
REA shall, to any extent. be Invalid or unenforceable, the remainder of this
5
REA (or the application of such term, provision or condition to Persons or
�Au„
circumstances other than those In respect of which it Is Invalid or unanforce-
'
able) except those terms, provisions or conditions which are made sublect to or
r
d
conditioned upon such Invalid or unenforceable term, provision or condition,^S
a
shall not be affected thereby, and each farm, Provision and condition o4 this
REA shall be valid and enforceable to the fullest extent permitted by law,
WY
unless enforcement of this REP as so invalidated would be unreasonable or
�q
"^�)
;l
grossly inequitable under all the circumstances or would frustrate the purposes
�i
of this REA.
ni
¢
0. Lg1lU&gE RLN NITN THE �aNO - d X00.5. The Drovi Slone of this REA
'v$• ,
shall, except as otherwise provided herein, run with the land, both with
p
^'u"+
respect to the benefits and burdens created herein and affecting the Tracts,f
and shall be bindl ng upon and Inure to the benefit of the successors and
;i
S
the respective Parties. This REA, and all the terms, covenants and
assigns of
ri�N
�.1
conditions herein contained, shall be enforceable as equitable servitudes and
'apa•A ,..n
u
err
constitute covenants running with the land under applicable law.
v
P. TINE 0F_FEggM,. Time 15 of the essence with respect to the
;,
performance of each of the covenants and agreements contained In this REA.
Y ti r
5,
Q. tlA[YER OF o FAIyT,. No waiver of any default by any Party to this REA
l lshall
shall be implied from any omission by any other Party to take any action in
'4J
respect of such default If such default continues or Is repeated. No express
,
written wal ver of any default shall affect any default or cover any period of
-^.
.
+
time other than the default and period of time specified In such express
c.
'
waiver. One or more written waivers of any default In the performance of any
term, provision or covenant contained In this REA shall not be deemed to be A
,
L
waiver of any subsequent default in the performance of the same term, provision
or covenant or any other term, provision or covenant contained In this REA.
L
-106-
J
Description: Lorre, OR Document - Year. Ibc1D [-1993] 1990.11883 Papa: 112 of 155
Order: rrgrrq Coammnt:
606LGL
t` I
9011993
The consent or approval by any Party to or of any act or request by any other
Party requiring consent or approval shall not be deemed to also or render
{,..
unmgdaas,-v the consent to or approval of any subsequent similar acts 01
Sz
Py ,
requests. The rights and reamd es given to any Party by this REA shall be
ejr�pli
deemed to be cumulative and no one Of such rights and remedies shall be
9
S
lax or
exclusive of any o4 the others. or of any Other right or remedy at
t&0
equity which any Such Party might otherwise have by virtue of a default under
�ji
this REA, and the exercise of one such right or remedy by any Such Party Sha 11
n �A
not Impair such Party's standing to exercise any other right or remedy.
R. ENII0.E AGREEMENT. This PEA and the Exhibits hereto contain all the
`"1e
m
i'
r
representations and the entire agreement between the Parties with respect to
r`
the subject matter hereof, other than the Separate Agreements. Any prior
A
a
,h} y
correspondence, memoranda or agreements are superseded In total by this REA and
t¢Ir
Exhibits hereto. The provisions of this REA shall be construed as a whole
s ,
according t0 their common meaning and not strictly for or against any Party.`
S. 1NOEX AUdUSTMENI. As used In this REA, the term "[In 1999 DollarsP'
'
:rw:1
shall mvmn and refer to the amount of the proportionate increase or decrease
*
for each year during the term of this REA In the Inpli[It Price Deflator of the
.
�j=gym
Gross National Product of the United States, Issued and published by the United
�A
,.y
States Department of Commerce (1972.100) (the "I ndex'9, or any successor Index
'fi h , M'
rq`v
!
thereto, appropriately adjusted. In the event that the Index Is converted t0 a
different standard reference base or otherwise revised, the determination Of
a e'
p
th0 adjustment t0 be made with reference to the Index Shall be made with [110
-. le
for the index as may
I
Sd
use of such conversion factor, formula or table converting
t
is
be published by the Department of Commerce or, if said 0eper tenant shall not
r
°$Ail
factor. formula or table
publish the same, then with the use of such conversion
s a"'''rp
as may be publ$shed by Prentice Hall, Inc., or other nattonally recognized
by
publisher of similar statistical Information as may be agreed upon the
gvx, 55
Parties. If the Index ceases to be published, and there Is no successor
ats
Y
thereto, then a reasonable substitute Index selected by Developer and approved
by the Majors shall be utilizetl; or, If such a substitute index is not
.
available or may not lawfully be used for the purposes stated herein, then
L
1
based upon a reliable governmental or other nonpartisan publication, selected
by Developer, and approved by the Majors, evaluating changes In the cost of
!
f
L
-107-
—J
Description: Lar1e,OR Docszment - Year. Ibc1D [-1993] 1990.11883 Papa: 113 of 155
Order: r+91r4 Commlent:
L
L
-too-
Deacription: Larre,OR Document — Year. IAwcZD f—lSr9.sf 1990.11883 Page: SSd of 155
Order: rrgwg Co.mmnt:
7
8-�
_J
606LGL
9011883
sE�'y
' �•
living or purchasing power of the consumer dollar, If such a publication Is
+If
available and may be lawfully used for the purposes stated herein. For the
`lalxtiyhp?.
purposes of calculating fluctuations In the Index, the calendar year of the
date of this REA shall be considered to be the base year (the "Base Year").
g{ R
with respect to any amount referred to in this REA to which the Index
Adjustment is to be .ado, such amount shall for the purpose of calculating such
' ^
adjustment be referred to 1n this Section as the "Base Amount" and the Base
Amount, d5 adjusted by the application of this Section, shall be referred to
herein as the "Adjusted Amount".
i 3#
The Adjusted Amount shall be determined as follows:
w
With respect to each time at which the Index Adjustment Is t0 be made, the
Base Amount Shall be Increased Of decreased t0 equal the product obtained by
multiplying the Base Amount by a fraction, the numerator of which Is the
p.
average annual Index for the moat recent complete calendar year, and the
denominator Of which 16 the dVlfd9e annual :radix for kn0 Base year-
for purposes of this section, the Base Amount utilized for any Initial
calculation made hereunder shall continue to be Utillied as the Base Amount for
1i
each subsequent application of this provision.
w
T. 4pdriIERC6HI5• This REA may be signed In several counterparts, each of
may:
which shall be deemed am original, and all such counterparts shall constitute
one and the same instrument. The signature of a party to any counterpart may
' 1
be removed Ind attached to any other counterpart. Any counterpart to which is
w
'✓riq�l
attached the sl gnat a res of all Parties shall constitute an original of this PEA.
L
L
-too-
Deacription: Larre,OR Document — Year. IAwcZD f—lSr9.sf 1990.11883 Page: SSd of 155
Order: rrgwg Co.mmnt:
7
8-�
_J
6O6LGL
9011883
THIS REA has been executed by the Parties as of the day and Year first
above written and shall be effective upon recording in Official Records of
Lana County, Oregon.
"DEVELOPER"
GATEWAY WALL LIMITED PARTNERSHIP, a South
Dakota limited partnership
By: General Growth Partners, Inc.,
ATTEST: General Partner
7 lMnn9—nom, BY: %���
s lst ant Secretary Jahn cksbaun, Vica PresienE t
"TARGET"
DAYTON HUDSON CORPORATION, a Minnesota
corporation
ATTEST:
BY: �
ASs latent Secretary Viae Pnsldant
IMMn P.HN y. 1La mw«n
AY,bnI SN,ebtl rONel sbrp
L 1
Deacriptiom I., OR Do ..t — Year. Ib D f-1993] 1990.11883 Pager: 115 of 155
Order: *'gw'g Coaza ent:
606LGL
„.., soiise3
pit
la
NOTARIES:
t
STATE OF Alb M N f50fR
k'
'DEVELOPM
3
On this y� day of 1910, YM1e uncle rs lfined, a Notary Pub lc,
ap
STATE Of GLIFO0.NIA
t eI
and /•am j e __, personally known to me on the bassi�s" of
T'
COUNTY OF LOS ANGELES )
On this 15I day of 'FEB, 1934, before me, a Notary
sly`
;11
Public, In and for the Jurisdictlon aforesaid, personally appeared
i
tohn� and Alan hLauer on behalf of General Growth Partners, Inc., to
r
me personally known to be the Vice President and Assistant Secretary,
t ,
respectively, of General Growth Partners, Inc., the corporation that executed
'
the within Instrument on behalf of GATEWAY HALL LIMITED PARTNERSHIP, a South
•
Dakota limited partnership, the partnership that executed the within
instrument, and acknowledged to me that such corporation executed the sane as
c,
such partner and that such partnership executed the Sane.
WITNESS my hand and official seal.
I
�aor•a ,
_
ttW1 5
Notary Public
ff y
ft: • r
(Notarial Seal) My comml ssion expires
L
Description: Laxxe,OR Document - Year. WolD f-1993] 1990.11883 Page: 116 of 155
Order: s+gxrg cionaent:
'TARGET•
r
STATE OF Alb M N f50fR
$s
COUNTY OF aesna,ePin )
3
On this y� day of 1910, YM1e uncle rs lfined, a Notary Pub lc,
ap
In and for said Wunty and State, personally appeared _T&LLP
t eI
and /•am j e __, personally known to me on the bassi�s" of
satisfactory evidence to be thd$hycc Laeb+r) r S&..nd
respectively, of DAYTON HUDSON CORPORATION, the corporation that executed the
+,1
within instrument, known to me to be the persons who executed the within
'
Instrument on behalf of the corporation therein named, and acknowled9ad to me
that such corporation executed the within Instrument pursuant to Its by-laws
or a resolution of it, board of directors.
WITNESS my hand and official seal.
*91 91 Ib bllc —__—
s
..
(Notarlal Seal) My Commission expiresasY�f —
L
Description: Laxxe,OR Document - Year. WolD f-1993] 1990.11883 Page: 116 of 155
Order: s+gxrg cionaent:
F
606LGL
9011983
a
EXHIBIT A
PART I
DEVELOPER TRACT
I.alnnf no . vo3u eon w• oo• •a
IH.69 1 •a[ I[ox [b 5 u[L ea[ la Ot t
<u < • IS•Vef )' `ale` ]U.II H•[]
ai...n<.°ai ]o.n eaa. •1°�n•n. ne . unao
mot r.dw. <.[.. t • \.1[ i�� •. <[a o] .nl<n
• bwn 1!'n5l' li' •e.i Qo ••NI
Uaun<••Of 9e .5n L•[. 9 [ SB' ..t
1 e. It 4n. 1p to ]d• fl'O UP W ! llry l} (o'.
S�•19 1......
nf.f6 [1. •t. •9 O H
•�1 Onp t .l •]9°e. 91 <I nn[ e•tl lu.
urvn ]• ... 919 ... ]}]. d0 lutl Jl. a nc.•<t
i}Lf] b.p •IOnV M. •[e <I .a ].00 loot 9•tllue
wrv• m [M 19x[ I[e. cno[ Ot MICY c cr.
use 11• lU• 0]' Out 19.fd (••tl
,b Un[.00119.60 In0. •1<n9 n. <I 9 1]).c9
• 1u. Curve • btk I«n. c o[d n[ vnl[n
n<[urnu r.5 ut9 tl U'n]9' S0' • 99.)5 to `I
dbun[. OI °SU.U] b•l. al Ong [a[M 9[
)91].9] loot ndlu• Ou[v [< N• b[I lin• cn<[tl
OI + r ]Dorn l' ]]• ]B` B• [ 1]9.91
lust 11 a 014un•O! 119.96 lot. 9Ou n \l' 10'
IY xef Dorn 39- 4.' mu[••E B; ^9
't <1 • ]909.9) (Ont [ •n • t9[
b([ •1[[tl• �o [UI o[ un l<n Oun••0 ........
1-0. d . n( ]98.00 Cott
••l urin` u1U .a 91n < Y 6!' 9U' Uo' M
]bY AU 1•rt n�i °f °mlm ln9. In L•n•
fu n[Y• t•Y n n. ertl udl the nll
' NIn9 ta13' •M Y ee 1.1
u •uw o.« e, x.[191..1 '. n o• ]
9s' ] . ve�f. [
irnm• L.. n .. ...n
] .......
.. ..} .... „t•ua.n 11..•^ •
90• .
v.... n.... ...n. ro3,. m oa.el a.
•n [.n. mumro nn90..
L
Description: Laney OR Document - Y a .Doc D [-1993] 1990.11883 Pagel: 117 of 155 _.
Ozd : ]9gsg Cont:
L
606LG1
9011883
EXHIBIT A
PART 11
TARGET TRACT
Beginning at a point being Worth 359.06 feet and Not
fast Stan the Southu*st career Of the N. H. Stevens
Land Olai. No. 46, In Saetlen 32, 1 ... ship 17 Soutb,
West 09 the Wllluocts heridlant thence south BS'
Cast 191.50 tett theme South a' 40' 00' West 146.
thence South SS' 30' 00• Cast 176.76 test) thence
40' 00' Last 4.65 (.at; thence South 85' 20' 00. Sa
toot: thence North 34' 39' 03• Cut 84.56 fo#tt thin
65' 20' 00' Cut 439.71 toot, thence South a' 3l'
65.36 Ism there* along the arc of a 338.00 tea
curve to the tight (the chord of Whlah cone bears S
09, U' West 371.32 toot) a distance Of 390.59 fast
South 6B' 40' 00' Wert 166.15 guts there* South 24'
Cast 54.00 tastt thence South 66• 40' 00• West 60.
thefts North 21• 20' 00• Wit 54.00 test: th.nte S
40' 00• West 317.49 Cuff thence West 365.65 Lett
North 4• 40' 00• Cast $98.65 toot to the Point of 4 -
In
In Oan• County, Ocpon.
Description: Lane,OR Document - Ye.r.Doc1D f-1993] 1990.11683 Page: 116 Of 155 _
Order: W Comment:
F
606LGL
scnlee3
L
L
EXHIBIT 6
PART Ill
('
SHOPPING CENTER SITE
f ''
Beginning at a Point being North 0. 04. 00' Nast
135.69 fast free the Southeast corner of the N.
X. 9asum Don tion 'and Claim No. 46, in Sect(on
p
32. Tounah3p 17 South, Range 3 Nest of the
£5
141113mette Neridlaa: thence South 681 40' 008
West 369.59 bet to the Westerly margin of
Be Vacly Strood thence along $mid margin South
216 20' 008 Cast 391.02 fast to the W9ethaciy
margin of Hallow Hoath thanes luving said
NU tell, ea[4ln algn9 fall Northerly margin,
Along the arc of • 3819.79 Loot radius curve to
S
the right (the chord of which cure. hears South
73' 1T' 169 Hest 296.51 [tell a distance of
4.
296.67 f.stl thence con[lnuln9 along said ...gin
South 761 25' 348 Wast 73.40 test; thence
"N
contin0ing along said margin South 698 2P SI*
Na&t 576.60 feet to the Easterly margin of
Intestate 51 thence leaving said Northerly
margin along the Easterly margin North 48 401 008
East 2647.76 lost; thence teAving said E46terfy
margin North 896 4S' 208 East 1349.03 fest to the
`
westerly margin of Gateway strut; thence along
the Westerly margin the following course, and
dist....., along the acc of A 53.00 toot radium
r `
curve to the right (the chord of which curve
Dura South 159 53' IV Nest 20.14 Last) a
distance of 20.27 (eat, alongthe act of a 137.00
foot radius curve to the lett it chord of which
curve hue, South 159 531 168 Wast 46.37 foot)
distance of 49.56 Leet, South 49 56' 009 Nest
148.74 Leet, South 369 52' 049 Nut 33.13 foot.
South 49 561 009 Nest MIS feet. South 379 41-
36- Cut 46.37 fast. South a9 56' 00' West 600.14
fast, along the see of a 2904.93 foot radius
• to the left (the chord of which curve hear&
South 2. 44' 208 West 232.46 (.at) . distant. of
t'
223.53 test. along the acc of a 53.00 toot radius
,^
Curve to the light (the chord of Which tures
heart South 119 10' 07' West 19.54 fast) a
x
di.t.noe of 19.66 test, along the acc of 6 127.00
{� s
foot radius curve to the left (the chord of Which
iiB•,
cut we hears South 108 29' 568 Nut 49.75 fast] a
,
dlatanca of 50.07 (set, along the In .9 a
2917.93 toot callus curve to the Lott (the chord
F
of which curve bear. South 29 ll' 26' East 179.44
feet) a diataitca of 179.46 foot, South 17' 201
i
14' West 31.92 feat. South 5' 451 Oa' But 87.37
ht
feet, South 399 48' 13' Isar 46.13 feet and along
the etc of A 3904.93 foot .of.. our,. to the
lett (the chord of which cucw. beacS South 99 49-
+
02' Last 24a.43 feet) a distance of 240.50 faatl
`
thence leaving said margin South 681 40' 00' West
267.40 Luc to the Point of Beginning' In Lane
�.
County, orogen. CONTAINING 71.50 aeras
i
Deacription: L&ne,OR Document - Y. Z)ucl7l) f-1993] 1990.11883 Paget: 119 of 155
Order: W9tvg C mmant:
0
606LGL
901188'3
EXHIBIT •H•
NOT PLA
FXAIBIT "B"
SMELT' I & 2
Description: Lane, OR Document - Year. Doc1D [-1993] 1990.11883 Page: 120 of 155
Order: v Comment:
9011883
Se = /�14 P.S on
�un�Lerne-At L
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L 11
Deaoription: Lam, OR Document -Year. IbclD [-1993] 1990.11883 Page: 121 of 155
Order: v Coa nt:
7
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Dom Door a
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Description: Lam, OR Document -Year. Ibc1D [-1993] 1990.11883 Page: 122 of 155
Order: BBgwq Coa nt:
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Description: Lane,OR Docu nt -
Year. Doc1D [-1993]
1990.11883 Page: 123 of
Order: zzgwg C..nt:
L"Y
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Description: Lame, OR Document - Y ar. Ibc1D [-1993] 1990.11883 Pags: 124 of 155 --- - -
Order: vgeq Co.nt:
9011883
IQ
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9011883
Description: Lane, OR Docu nt - Year. Doc1D [-1993] 1990.11883 Page: 125 of 155 —
Ord : v Coam,ent:
7
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Description: Lane, OR Document - Year. Doc1D [-1993] 1990.11883 Page: 126 of 155 - ------ --
Order: v Coamtent:
■
U
9011863
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at
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Deacription L.,OR Docutnnt -Year. lb D f-1993] 1990.11883 Page: 127 of 155
Order: vgtq C..nt:
S
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Deacription: L.,OR Do ..t - Year. lb D f-1993] 1990.11883 Page: 128 of 155
Order: vgwq C..nt:
7
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9011883
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Description: Lane,OR Docu nt - Year. Doc1D [-1993] 1990.11883 Page: 129 of 155
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Description: Lane,OR Docu nt - Year. Doc1D [-1993] 1990.11883 Page: 129 of 155
Order: °+9x+4 Cont:
S011883
L
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Deacription: Lane,OR Docu t - Year. DociD [-1993] 1990.11883 Page: 130 of 155
Order: v Comuaenb
i
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1
L ----
Deacription: Lane,OR Docu t - Year. DociD [-1993] 1990.11883 Page: 130 of 155
Order: v Comuaenb
i
TARGET
EXHIBIT "B" derwood ne qi
L architect - Planner
GATEWAY MALL amw..+ acme a� i
SPRINGFIELD, ORISON
L_ J
Description: Lane,OR Document - Year. DociD [-1993] 1990.11883 Page: 131 of 155 --- - -- - - --
Order: v Coamtent:
GENERAL GROWTH
15821 VINH l kA B
ENCINO. CA H)I
Description: Lane,OR Document - Year. Doc1D [-1993] 1990.11883 Page: 132 of 155
Order: v Coa nt:
901168,9
ZAL GROWTH OF CALIFORNIA
15821 VINII, I ll:\ lila l )..til I I I
I:N('INO. (AI II-Ok\I,A �I ;r•
Deacription: Lane,OR Document - Year. Doc1D [-1993] 1990.11883 Page: 133 of 155 -- -- '--"'
Ozd : v Co.nt:
L saiias3 �� �•
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Order: vgwq Coa nt:
7
0
9011881 A 11 1
Description: Lane,OR Docu nt - Year. Doc1D [-1993] 1990.11883 Pager: 135 of 155
Ozd : v C..nt:
:7
9011883
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L
11
Description: Lane,OR Docu nt - Year. Doc1D [-1993] 1990.11883 Page: 136 of 155
Order: v C..nt:
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Description: Lane, OR Document - Year. Doc1D [-1993] 1990.11883 Page: 137 of 155
Order: v Coamient:
9011883
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Order: v Coamient:
Mai
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Order: v Coamient:
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Order: vgwq C..nt:
di
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Description: Larie,OR Docu nt - Y a .Doc1D (-1993] 1990.11883 Page: 141 of 155 — - - -_--- -
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0rd : w Cont:
ZAL GROWTH OF CALIFORNIA
- - --
Description: Lam,OR Docuannt - Y ar. Ibc1D [-1993] 1990.11883 Page: 142 of 155 --
Order: wgaq Coammnt:
Vit
sOlieB9 „ �
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V V w'fX- COWILT G _A
L EXHIBIT B' derwoc ,
I � GATEWAY MALL a[c�rt s f
SPRINGFIELD, D EWN
Description: Lane,OR Document -
Year. Doc1D [-1993]
1990.11883
Page:
143
of 155
Ozder: v Coamient:
FF
�
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�•
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L EXHIBIT B' derwoc ,
I � GATEWAY MALL a[c�rt s f
SPRINGFIELD, D EWN
Description: Lane,OR Document -
Year. Doc1D [-1993]
1990.11883
Page:
143
of 155
Ozder: v Coamient:
is
Deacription: La ,OR Document - Year. fb D f-19931 1990.11883 Page: 144 of L5�
Order: v Coa nt:
L
Description: Lane,OR Document - Year. DoclD f-1993] 1990.11883 Page: 145 of 155 -
0r =: v Coamtent:
606LGL
9011883
EAHEOIT C
ISMUN B111LOING HEIGHTS
The maximum heights of the buildings In the Center shall not exceed the
following dissensions, The dimenslons as Indicated for each building represent
the exterior wall helghtincluding the parapet Sells, mechanical equipment
pen thou sea, screens to hada the mechanical equipment and entrance structure
cupolas and canopies above the finished floor elevation of each such bullding.
DEVELOPER IMLI STORES!
ENCLOSED HALL
;D feet
TARGET STORE
22 het
SEARS
jB fen
MELM NON-i{ALLBUILDING AREAS:
NON -HALL BUILDING AREA 1
2E feet
NON -MALL BUILDING AREA 2
2A feet
NON -MALL BUILDING AREA D
24 feet
NON -WILL BUILDING AREA q
23 feet
WN -HALL BUILDING AREA 5
21 het
4
t�
F
L
Description: Lann,ORDocuannt - Yaar. IbclD [-1993] 1990.11883 Pager: 146 of 15
Ordar: vvg Comment:
606LGL
i ', 9Q116E3
''s'a EXHIBIT D
r,>
SIGN0.I[ TERIA
R These crtterla have been established for the purpose of assuring an
outstanding shopping center, and for the mutual benefit of all occupants.
€ Conformance will be strictly enforced; and any Installed nonconforming or
lh �i unapproved signs must be brought Into conformance at the expense of Occupant.
1
The Project Architect 15 to administer and Interpret the criteria. but Is
i; not empowered to authorize any departure without written consent of the
i
4 Parties.
A. GEMEPdL IIESILIMMEMTS
1. Each Occupant shall submit or cause to be submitted to the Project
Architect for approval before fabrication at least three copies of detailed
�I- drawings covering the location, size, layout, design and color of the Proposed
'r sign, Including all lettering and/or graphics.
" 2. Except as shown on Exhibit B, no signs shall be permitted on the
exterior of the Enclosed Mall or Developer Mall g[orn unless approved by the
Project Architect and the Parties.
t
3. All permits for signs and their Installation shall be obtained by the
Occupant or his representative.
4. occupant shall be responsible for the fulfillment of all requirement,
and specifications.
B. lHSIGN 0. I)MEMENT5
A 1. Signs shall be permitted only within the sign areas a5 designed by
the Project Architect and as shown on ine approved improvement plans.
2. The horizontal dimension of signs Shall trot exceed two thirds (2)L
of the width of store frontage.
3. the total d9^ area (rectangle enclosing each group of letters,
fix.symbols or logos) shall not exceed ten percent (10D of the area of the stun
1`.'. front, and shall be located at least thirty-six inches from each lease fine.
4. While It Is deslred to permlt Occupant$ to Present to the public
their typical sign image, signs which do not conform to the dimensions and
Llucatlon described In Sectlon 5-2 above must be Submitted to the Parties for
approval.
L
Description: Lazse, OR Docuannt - Y ar. IbclD [-1993] 1990.11883 Papa: Sd] of 155
Order: rrgeq Coaunent:
7
606LGL
9011883
L_
Desc-- -- n
ription: Larv,OR Document — Y air. Ibc1D [-1993] 1990.11883 Papa: 148 of
Order: rrgsrq Coamient:
5. No signs perpendicular to the face of the building shall be permitted
b
unless uniformly established by the Project Architect, and at shown on the
Al
approved Improvement plans.
..
Yd"
6. No signs of any sort shall be permitted on canopy roofs or building
0045.
t,;
{'
]. wording 01 signs shall not Include the product sold except as apart
of Occupant's trade name Or Insignia
a
N'
8. No sign, or any portion thereof, may project above the parapet or top
of well upon which it is mounted.
J
�B�
C. 9Etl.321 cPEClf 1CAtIONg
{
I. Painted lettering will not be permitted. except as specified under
P'
Article 04.
L Flashing, moving or audible signs will not be permitted.
). All electrical signs shall bear the Ill label, and their installation
w '
i�
must comply with all applicable building and electrical codes.
s
4. No exposed conduit. tubing or raceways will be permitted. No exposed
m
q
r
lighting shall be used on signs, symbols or decorative elements unless
lute
mon
7 i'�
approved by the Parties: provided, however, exposed neon signs when held
L
together by a clear glass tubo framing system exposed to a window, Inside of a
'ar•
Ilgn[ box and covered with a colored translucent or mirrored pl exl pias s. or
r p
�b
moon Md directly on the storefront my be permf tied. Occupants shall be fully
a�
responsible for the maintenance and repair of neon signs and shall promptly
,.,
repair any broken or nonfunctioning neon signs. Any broken or nonfunctioning
neon sign which Is not promptly repaired shall be removed. Any temporary
�
replacement sign shall conform to the Sign Criteria.
s
r
S. All conductors, transformers and other equipment shall be concealed..
I.
6. Electrical service to all signs shall be on Occupant's meter and not
n
he part of Common Area construction or operation costs.
p
1. All metal signs, bolts. fastenings and clips shall he of hot dipped
dll.
galvanized iron, stainless steel, aluminum, brass or bronze, and no black from
materials of any type will be permitted.
8. Al exterior letters or signs exposed to the weather shall be mounted
with at least 3/4" clearance from the building wail to permit proper dirt and
v
water drainage.
L_
Desc-- -- n
ription: Larv,OR Document — Y air. Ibc1D [-1993] 1990.11883 Papa: 148 of
Order: rrgsrq Coamient:
506LGL
9()ZSBxzJ
F
9. Location of all opening, for comdult and sleeves In 519A panels of
building walls shall be indicated by the sign contractor on drawings submitted
to the Project Architect. 619n contractor shall Install some In accordance
with the approved drawings.
10. No sl gnmaker s's labels or other Identification will be permitted on
LL the ezposed surface of signs. except those required by local ordinance which
-�F latter shall be In an Inconspicuous location.
-.;
11, Except within the Enclosed Nall, all penetrations of the building
jr structure required for sign installation shall be neatly sealed In a
watertight condition.
Iz. Occupants shall repair any damage to any work caused by their sign
+1i{ contractors work.
13. Occupant shall be fully responsible for the operations of Occupant's
sign contractors.
14. Except as provided In Article NIX, pylon or pole signs will not be
Panel tied.
D. M=E Ian Ic REODIRIMIS
1, Each Occupant will be permitted to place upon each entrance of Its
demised premises not more than 144 square Inches of gold leaf or decal
Indicating hours of
application tettering. not to exceed two Inches to height, 9
business. emergency telephone numbers, etc.
2. Each Occupant who has a non -c ustmer door for receiving merchandise
nay have uniformly applied on said door in location, as directed by the
nu
Project Architect, in two inches high block letters, the Occupant's nate and
h address. Where more than ono Occupant uses the same door, each name and
§ address shall be applied. Color of letters will be as selected by the Project
A
Architect,
3. Occupant may Install on the Enclosed Nall front, 1f required by the
r
U. S. Post Office. the numbers only for the street address to exact location
stipulated by the Project Architect. Size, type and color of numbers shall be
as stipulated by the Project Architect.
4. floor signs, such as Inserts Into terrazzo, etc.. shall be permitted
within Occupant's cease line in tbetr store fronts, if approved by the Project
Architect.
- 0-3 -
L
Deacription: Lorre, OR D mmrrnt - Ywwerr. Ibc1D f-1993] 1990.11883 Pager: 149 Of 155
Order: rrgarq Commrent:
`1
F
606LGL
i
t'=
suises3
STORES
E. MAJOR'S
1, The provlslons of this Exhibit D shall not be applicable to the,F
9
i'
identification signs or loUos of the Majors and Sears, It being understood and
yl,agreed
that the Na]urs and Sears may install and maintain the lr customary and
s�
�
usual Ida ntif lcdtlon signs and/or logos on Malr Store buildings (and any and
all changes or replapments thereof), as the same exist on similar buildings
�
II
operated from time to time by them in Oregon, provided, however, there shall
be no roof -top slgnL mr signs which are flashing. moving or audible.
2. Nothing herein shall be deemed to prohibit the Na]ors and Sears from`ir.
a�.
Z
having identification signs attached to the exterior facades of any mechanical
F
penthouse upon Its respective Store, provided that such sign($) shall not
r'
extend higher than the top of such penthouse.
r
F. E�1(flISIBAI(Dtl
'
�1 =
��
1. In the event any conflict of Interpretation between the Occupant and
I
Project Architect as to the application of these critarla cannot be,�:
the
satisfactorily resolved, the Project Architect shell submit the design to the
,
'4
Parties; that, decision shall be final and binding upon the Occupant.
Description: Lana,OR Docuannt - Y .Ibc1D [-1993] 1990.11883 Page: 150 of 155
Order: mm e C swsunt:
F
606LGL
Ir.
911118K3
C'
-
M
EXHIBIT E
m•
M;
A
gl]�c ANDS
%gt
p, f n Aree
p
I. the surface of the Automobile Parking Area end sidewalks shall be
G
maintained levet, smooth and evenly covered with the type of surfacing
x .
ma terlal originally installed thereon, or such substitute thereof approved by
9 xr
1y ',
er'
the Parties as shall be to all respects equal thereto In quality, appearance
and durability.
^
Z. All papers, debris. filth and refuse shall be removed from the Cantly,
it
f
and paved areas shall be washed, steam Cleaned and/or thoroughly swept as
required. All iweepleg shall be at Intervals before the Stores shall be open
for business to the public, using motor driven parking lot vacuum [leaning
vehicles where feasible.
'
7. All trash and rubbish containers located In the Common Area for the
use of Pernl tie es shall be emptied dally and shall be washed at intervals
�V
sufficient to malntefn the same in a clean condition.Ilk
�
4, All landscaping Shall be properly maintained, Including removal of
1
dead plants, weeds and foreign matt, and mote ,planting and replacement as
s,
the occas imn may require,
S. All hard -surfaced .,,kings shall be Inspected at regular Intervals and�„-'`
'.
promptly repainted at the same shell hernia unsightly or Indistinct from veer
6
x
^i
and tear, or oYM1er cense.
]
6. All storm drain catch basins snail be cleaned on a schedule sufficient
Pz,
to maintain all Storm drain sines in a free-flowing condition and all
mechanical equipment related to storm drain and sanitary sever facllities
�, z ,
1 ° q
shall be regularly Inspected and kept in proper working order.'1-
"+
1, All paving shall be Inspected at regular intervals and maintained In a
P
d
first class condition.
T
B. All stairways shall be: tea swept and washed at intervals sufficient
to maintain the same In a clean condition; (b) inspected at regular Intervals
�
[J promptly repatred upon the occurrence of any Irregularities or worn
Land
,,,it... thereef,
E1
L
J
Bpescription: Larre,OR BMcuasent — Y .DooID f-1993] 1990.11883 Page: 151 of 1.515
Order: a+9mrg Goamsent:
606LGL
9011883
i
9. All glass, including skylights, plate glass and/or glass -enclosed
devices shall be cleaned at intervals sufficient to maintain the same In a
di
clean condition.
j ?, 10. All surface utility facilities servicing tM1e Common Area, including.
but not by way of limitation, hose bibbs, standpipes, sprinklers and domestle
j1 water lines, shall be Inspvctud at rvgular Inte n'als and promptly repellant or
Y-` rap/aced, as the oaasion may require, upon the occurrence Of any defect or
q`
malfunctioning.
- 11, All Common Area amenities, belches, and institutional, directional,
" traffic and other signs shall be Inspected at regular intervals, malnialmd in
a clean and attractive surface condition and prorptly repaired or replaced
upon the occurrence of any defects or Irregularities thereto.
�.- li. All Iambs shall be Inspected at regular Intervals and all laws and
i ballasts shall be promptly replaced when no longer properly functioning.
13. The improvements on and to the Common Area shall be repaired or
K$"igA replaced with the materlals, apparatus and facilities of quality at least
e,,ry"„a equal to the quality of the materials, apparatus and facilities repaired or
replaced.
14. The Common Area shall be Illuminated In such areas as the Parties
shall dm to rmine. at least one-half Mur before and during such hours of
r darkness as any of the Stores shall be open for business to the public, and
for a reasonable period thereafter (but not less than one Mull, and shall
.A'rv.p also be Illuminated during such hours of darkness and in such manner as set
�l';+� forth in Article IV -F-3.
A� 15. In addition to Developer's obligations under Article X, 0ev el oiler
" Iq shall use its best efforts to arrange with local police authorities to (a)
a:
S( patrol the Common Area at regular Intervals, and (b) supervise traffic
direction at entrances and exists to the Shopping Center Site during hours and
periods as traffic conditions would reasonably require such supervision.
16. The Parties shall use their best efforts to require their respective
permittees to comply with all regulations with respect to the Comma Area,
Including, but not by way of limitation, posted speed limits, dl rec tlonal
markings and parking stall markings.
L
E-2 -
Deacription: Laare,OR Docuaunt - Year. LbclD [-1993] 1990.11883 Page: 152 0£ 155
Order: rrgmg Coaevent:
I
a
606LGL
9011683
Il. With respect to all mechanical and electrical facilities and systems
ha;
? serving the Enclosed Mall, including. but not by way of llml te4fon, Ma
lighting facilities, vertical transportation facilities, heating, ventilating
and cooling systems, and actuated or manually operated doors. Developer shall
''. (a) inspect the same at regular Intervals, (b) promptly repair the same upon
the occurrence o/ any failure. defect or malfunctioning, and (J as respects
the said heating. ventilating and cooling systems, maintain and Operate the
same 50 as to comply with the performance spec lPl tattoos to Articles IV -F-8
'b.
and X.
IB. The heating, ventilating and pooling systems for the Enclosed Nell
shall be operated In accordance with the provisions of the REA and of these
Rules and Regulations, at least during the same hours of the same days that
the heating, ventilating and cooling system serving any Stores Of the Majors
shell be operating.
19. All surfaces of the Enclosed Na11 which are painted or otherwise
finished shall be cleaned at regular Intervals, and repainted Or otherwise
r�pi refinished at least once during every five-year period. and the calling of the
Enclosed Hall shall be regularly cleaned, and painted or repainted, as
necessary, giving particular attention to the areas surrounding the diffusers.
20. Ali of the Common Area shall be maintained free from any obstructions
not perms tied under the REA, including the prohibition of the sale and dl splay
.ivem't!s of mere Aendise outside the exterior walls of the buildings within the Center,
Including those within any recessed area, except In areas specifically
1y
approved within the said Center for such purposes by the Parties pursuant to
the REA.
B. Floor BL¢II
., I. All Floor Area. including vestibules, entrances and returns, doors,
S'
'� flxture S, windows and plate glass shall be maintained 1n a safe, ^eat and
Clean condition.
g. All trash, refuse and waste materials shall be regularly removed from
the premises of each Occupant of the Center, and until removal shall be stored
(al In adequate Containers, which such container$ Shall be located So as not
to be visible to the general public shopping In the Center, and (b) so as not
to constitute any health Or fire hazard or nuisance to any Occupant.
E-3 -
L
De dption: Lane,Dlt Document - Year. Dc, ID f-1993] 1990.11883 Page: 153 of 155
Order: rrgwg Ccenment:
0
J
Deacription: Lease, OR Document — Y u.Ibc1D [-1993] 1990.11883 Pagrr: 154 0£ 155
Order: rrgwq Cunaent:
606LGL
I
9011883
i':
l;
w.,.
3. Neither sidewalks nor walkways shall be used to display, store or
replace any merchandise, equipment or devices.
�
4. No advertising medium, device, instrument or apparatus shall be,f
ry
utilized which can be heard or experlenced outside of the Floor Area,
InCluding, without limiting the generality of the foregoing, flashing lights,
wy ,.
searchlights, loud speakers. Phonographs, radios or television.
r '
S. No use shell be made of the Center or any portion or Portions thereof
would (a) violate any law, ordinance or regulation, on, (b) constitute a
t
t
which
Ic; •
�hMt�
nuisance, (c) const) iota an extra-Aaaardout use. or ltl) violate, suspend or
p�vf'�
veld any policy or policies of insurance on the stores.
*elle
5, Developer shall use its best efforts to require occupants of the
Ai
I�
Developer Tract to cause all trucks servicing the retail facilities of
S
navel oper tract to load and unload Prior to the hours of the Center opening
�p
Na(.
a�
for business to the gen oral public.
°
y
g. All Occupants shall have their window displays, exterior signs and
1w
"
exterior advertising displays adequately Illuminated continuously during such€$
p(
M1ours as the Enclosed Mali Is required to Operate.
gip.
-
Eur-.
°>`
C, Cgngutt of P rsons.
The Parties hereto do hereby establish the following rules and regulations
�S'
�p3
for the use or roadway z, walkways, Mails, Automobile Parking Areas, and other
i
ie{>
m.
Corson facilities provided for the use of Permittees.
f
I. No shad use any roadway, walkway or Mall, except as a means of
person
qT.
egress Trom or ingress to any Floor Free and 0.0 [grebe le Parking Areas within
IM1e Center, or atlJBceft public streets or such other uses as approved by the
Parties. SUED use Shall be In an orderly manner, In accordance with the
t�rti
other signs or guides. Roadways shall not be used at a speed
,kt
directional or
in excess of twenty (20) miles per hour and shall not be used for parking or
<
k"
stopping, except for the Inmedlate loading or un loading of passengers. No
walkway Or Mali shall be used for other than pedestrian travel qr such other
uses as approved by the Parties pursuant to the REA.
;11
2. No person shall use any Automobile Parking Areas except for the
,p`I
parking of rotor vehi cies during the period of time such person or the
i�
occupants of such vehicles are mstomen or business Invitees of the Occupants
bthln the Center. All motor vehicles shall be parked in an orderly manner
I_
EA _
Deacription: Lease, OR Document — Y u.Ibc1D [-1993] 1990.11883 Pagrr: 154 0£ 155
Order: rrgwq Cunaent:
F ; 7
606LCL
au —1883
within the painted lines deflntng the Individual parking spaces. During peak
periods of business activity, limitations may be Imposed as to the length If
time for parking use. such limitations may be made In specified areas. Any
such limitations shall be sub3oct to the approval of all of the Parties.
3. No person shall use any utility area, truck court or other area
reserved for use In connection with the conduct of business, except for the
specific purpose for which permission to use loan area Is given.
9. No employee of any business in the Center shall use any area for motor
vehicle parking, except the area or areas specifically designated by the
Parties Por employee parking for the particular period of time such use Is to
be made. No employer shall designate any area foa employee parking, except
such area or areas as era designated to writing by the Parties.
I. No Parton, without the written consent of the Parties, shall to or on
any part of the Common Area:
(a) Vend, peddle or solicit orders for sale or distribution of any
merchandise, device, se rvl ce, periodical, book, pemphbt or other matter
whatsoever.
(b) Exhibit any sign, Placard, banner, Nott,, or other written
material.
(,) Distribute any circular, booklet, handbill, placard or other
material.
(d) sollclt membership In any organization, group or association or
conthbutlon for any purpose.
(e) Parade. rally, patrol, picket, demonstrate or engage In any
conduct that might tend to Interfere with or Impede the use of any of the
Common Area by any Permittee, create a disturbance. attract attention or
harass, annoy, disparage or be detrimental to the Interest of any of the
retail establishments within the Center.
(f) Use any Common Area for any purpose when none of the retell
establishments within the Center is oPon for business Or employment.
a• !`
m
0
I
within the painted lines deflntng the Individual parking spaces. During peak
periods of business activity, limitations may be Imposed as to the length If
time for parking use. such limitations may be made In specified areas. Any
such limitations shall be sub3oct to the approval of all of the Parties.
3. No person shall use any utility area, truck court or other area
reserved for use In connection with the conduct of business, except for the
specific purpose for which permission to use loan area Is given.
9. No employee of any business in the Center shall use any area for motor
vehicle parking, except the area or areas specifically designated by the
Parties Por employee parking for the particular period of time such use Is to
be made. No employer shall designate any area foa employee parking, except
such area or areas as era designated to writing by the Parties.
I. No Parton, without the written consent of the Parties, shall to or on
any part of the Common Area:
(a) Vend, peddle or solicit orders for sale or distribution of any
merchandise, device, se rvl ce, periodical, book, pemphbt or other matter
whatsoever.
(b) Exhibit any sign, Placard, banner, Nott,, or other written
material.
(,) Distribute any circular, booklet, handbill, placard or other
material.
(d) sollclt membership In any organization, group or association or
conthbutlon for any purpose.
(e) Parade. rally, patrol, picket, demonstrate or engage In any
conduct that might tend to Interfere with or Impede the use of any of the
Common Area by any Permittee, create a disturbance. attract attention or
harass, annoy, disparage or be detrimental to the Interest of any of the
retail establishments within the Center.
(f) Use any Common Area for any purpose when none of the retell
establishments within the Center is oPon for business Or employment.
[>eacription: Lane, OR LMcrmrnnt — Y ar. Lbc11) f-1993] 1990.11883 Page: 155 of L55
Order: rrgwg Comment:
a• !`
I
Q„r
sl�
CC
tsf
�Cy
-
e -s
a Y
..
`
[>eacription: Lane, OR LMcrmrnnt — Y ar. Lbc11) f-1993] 1990.11883 Page: 155 of L55
Order: rrgwg Comment:
Division of Chief Deputy Clerk
LanDe�oo3.OJ3669
Lane County Deeds and Reeords
�✓ES��H Tif/e rdl Esc�a,� (�
11f,7 3 VG
00442638200300536690 180184
06113/2003
Stti.Oo
C kmoni CJq s
or_ 99(�� RPR -AMEN Cntol Stn=5 CASHIER 07 IO:OO:48 AM
$90.00 $10.00 $11.00
FIRST AMENDMENT TO
CONSTRUCTION, OPERATION AND RECIPROCAL EASEMENT AGREEMENT
THIS FIRST AMENDMENT TO CONSTRUCTION, OPERATION AND
RECIPROCAL EASEMENT AGREEMENT (this "Amendment') is made and entered into this
day of 2003, by and between GGP-GATEWAY MALL L.L.C., a
Delaware limited liabiiI4 company (the successor in interest to Gateway Mall Limited
Partnership, hereinafter "Developer") and TARGET CORPORATION, a Minnesota corporation
(the successor in interest to Dayton Hudson Corporation, hereinafter "Target').
RECITALS:
A. Developer and Target, or their predecessors in interest, have previously entered into
that certain Construction, Operation and Reciprocal Easement Agreement dated March 13, 1990,
and recorded on March 13, 1990 as Reception No. 90-11883 in the Official Records for Lane
County, Oregon (the "REA").
B. Developer is the current fee owner of the Developer Tract, and Target is the current
fee owner of the Target Tract.
C. The Parties desire to amend the Plot Plan attached to the REA to: (i) permit the
expansion of the Floor Area for the Target Store, and (ii) revise the layout of the Common Area
and Developer Non -Mall Building Areas for the Shopping Center Site.
D. The Parties also desire to amend the REA to: (i) permit up to 133,413 square feet of
Floor Area for the Target Store, (it) revise the parking requirements for the Shopping Center Site,
and (iii) otherwise amend and supplement the REA as specifically provided herein.
AGREEMENT:
In consideration of their mutual covenants and agreements contained in this Amendment,
and for other good and valuable consideration, the receiptand sufficiency of which are hereby
acknowledged by each party, Developer and Target hereby agree as follows:
1. Recitals A through D above are hereby incorporated into this Amendment and
made a part hereof.
2. Capitalized terms not otherwise defined herein shall have the meaning ascribed to
such terns in the REA.
3. The Plot Plan attached as Exhibit B to the REA is hereby superceded in its
entirety by Exhibit B-1, attached hereto and made part hereof (the "Amended Plot Plan"). All
t� \g"a""aNr"rsnt-r-"i„�nada I
Description: Lam, OR Document - Y ae. 1)Jc1D 2003.53669 Paga: 1 of 18
eider: v Coneenb - -
references in the REA to the Exhibit B Plot Plan shall mean and refer to Exhibit B-1 hereof. The
Amended Plot Plan provides for: (i) the future expansion of the Target Store up to a total of
133,413 square feet of Floor Area at the sole discretion of Target; (ii) a revised layout of the
Common Area of the Shopping Center Site; and (iii) the expansion of certain Developer Non -
Mall Building Areas on the Shopping Center Site.
4. Notwithstanding any provisions to the contrary in the REA (including specifically
Article VIII, Section A), there shall be permitted up to 133,413 square feet of Floor Area for the
Target Store.
5. Article X, Section C of the REA is amended by deleting the first paragraph in its
entirety and substituting the following paragraph in lieu thereof:
"Subject to Article XVI, Developer and each Major shall have available within the
Automobile Parking Area on their respective Tracts, at all times and after
completion of construction thereof, not less than 4.0 automobile parking spaces
for each 1,000 square feet of Floor Area on their respective Tracts, all in
conformance with the parking layout as shown on Exhibit B."
6. Article XXV, Section A of the REA is amended to provide for revised notice
addresses for Developer and Target as follows:
"Developer: GGP-Gateway Mall L. L.C.
c/o General Growth Properties, Inc.
110 North Wacker Drive
Chicago, Illinois 60606
Attention: Senior Vice President—West Region
With a copy to: GGP-Gateway Mall L.L.C.
c/o General Growth Properties, Inc.
110 North Wacker Drive
Chicago, Illinois 60606
Attention: General Counsel
Target: Target Corporation Property Development
1000 Nicollet Mall
Minneapolis, Minnesota 55403
Attn: Property Administration
With a copy to: Sean D. Kelly
Target Corporation
1000 Nicollet Mall, TPS 3192
Minneapolis, Minnesota 55403"
f\ d.a
Deaoription: Lazy, OR Doan nt - Y az. DJCZD 2003.53669 Page: 2 of 16
Order: v C..nt:
7. If there is any conflict between the provisions of the REA and this Amendment,
the provisions of this Amendment shall control. Except as supplemented and amended by this
Amendment, the REA is ratified by the Parties and remains in full force and effect.
S. Each of the Parties represents and warrants that it has the full capacity, right,
power and authority to execute, deliver and perform this Amendment, and all required actions,
consents and approvals therefor have been duly taken and obtained. Furthermore, Target and
Developer represent and warrant that upon full execution of this Amendment, the REA as
amended by this Amendment shall be binding on all parties with any interest in their respective
Parcels, including, without limitation, the holder of any mortgagee's interest, their successors and
assigns.
9. The provisions of this Amendment and the REA are for the exclusive benefit of
the Parties and not for the benefit of any third person; this Amendment and the REA do not
confer any rights, express or implied, upon any such third person; and there are no "third party
beneficiaries" to this Amendment or the REA.
_ 10. This Amendment may be executed in counterparts or with counterpart signature
pages, which upon execution by all Parties, shall constitute one integrated agreement.
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed
and effective as of the date set forth above.
[SIGNATURE PAGES TO FOLLOW]
cl.�umwuyvmigtt-rca-mnunJd"c
Description: Lar ,OR Doan nt - Y a .DoarD 2003.53669 Page: 3 of 16
Order: v C..nt:
GGP-GATEWAY MALL L.L.C., a Delaware
limited liability company
By: GGPLP L.L.C., a Delaware limited liability
company, its managing member
By: GGP Limited Partnership, a Delaware
limited partnership, its managing member
By: General Growth Properties, Inc., a
Delaware corporation, its general
partner
By:
An Authorized Officer
STATE OF ILLINOIS
COUNTY OF COOK
BEFORE ME, the undersigned authority, personally appeared
tome known and known tome to be the individual described in and who executed the regoing
instrument as President of General Growth Properties, Inc., a Delaware corporation
and general partner of GGP Limited Partnership, a Delaware limited partnership and the
managing member of GGPLP L.L.C., a Delaware limited liability company and the managing
member of GGP-Gateway Mall L.L.C., a Delaware limited liability company, and who
acknowledged to and before me that he executed such instrument as such President
of said corporation and that said instrument is the free act and decd of said corporation.
WITNESS my hand and official seal this ;� day of , 2003.
E
tem emom CC RN"FJffft 847605
cA.gat—a vase(-�-ao,e„d.do
��MQi07y���
o�bic -\�Y'�WG
My Commission Expires:
Deaoription: Large, OR Document - Y a .DoarD 2003.53669 Page: C of I6
Order: vgeg Coamtenb _—
TARGET CORPORATION, a Minnesota
corporation
By:
-
Name:
U
Ccoi'a A. Nelson
Its:
Vice Presie,-w
l @ramjet Stores
STATE OF HA,(e-50 q )
COUNTY OF a/l )
BEFORE ME, the undersigned authority, personally appeared :7-,4#A1.
to me known and known to me to be the individual described in and who executed the foregoing
instrument as V, ep President of Target Corporation, a Minnesota corporation, and who
acknowledged to and before me that he executed such instrument as such XCe.� President
of said corporation and that said instrument is the free act and deed of said corporation.
WITNESS my hand and official seal this j6� day of dn,., 1 .2003
"� THOMAS FRANCIS OAWSON
Notary Public
Minnesota
My CWM1 siw W!Ms Jan. 31, 20W
This instrument was prepared by and after
recording should be returned to:
Charlene M. Sarto
General Growth Properties, tne.
I10 N. Wacker Drive
Chicago, IL 60606
P\..\gv¢wvy\Wrge1-rw�mend.doe
N aro Publ'
My Commission Expires: 17116
3j D
Description: Lazy, OR Docunnnt - Y az. DoarD 2003.53669 Pa : 5 of SA
Order: v C..nt:
2
3
4
5
5
0
0
Description: La ,OR
Order: v Coa nt:
U E F
— i e i ii Lr1 d/�GN TYPI(
PLAN
a
60 P)
H H ^ v�
H
H
NDSCAPI
PAINED N
DIWLED
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= ----------
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_
24 p
I
TARGI
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\
32
0
V
N` I
NII
NON -MALL BUILDING AREA NO.5
I /
NOT TO E%GEED FOUR BUILDING
ENVELOPES AND 50,900SF
Z �
o�
173
n\
i'I
I
i
I
Document - Y e .DocDD
2003.53669 Page: 6 of 18
I
E
F G
H
I
J
K
TYPICAL PARKING
AISLE
STRIPING
60 PARKING
90 PARKING
60'-0
NAMF
18'-0" 18'-0" 19'-0" 18'-0" IB' -0"
18'-O"
18'-0' 24'-D" 18'-0" 18'-0"
i 1. SEARS)
2. iMGEi
/
]. CINEMA
I
4. EMPOR
I
5. OEPPAI
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I
6. MOVIES
ON
H
II I. OEVEL(
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} }
0. OEMELC
OSCPPEO 14AND,
10.
PAINTED NO PARKING ISLPNO
IPN08CAPE0 ISLAND
OEVELC
II. OEVELC
DISABLED PARKING SPACE WHERE OCC
RS
PAINTED NO PARKING ISIANO
12. OEVELC
1]. DEVELC
4.
KIOSKS
III NON -MALL
NON -MALL
NON -MALL
[�
NON -MALL
PLAN
_
NON u
NON -MALL
-
�lLLP
STMOMD
COMPACT
V PARKING R
4.5 PER 1
----------------------------------
_ _
_ _ _ — _ — _ _ — _ —
_ _ _
_ _ — _ _ _ _ _ _
_ — _ — _ _.
V
—r
I it
U
I: TARGET
ONELEVEL
_ EL. 4pJJ.5'
O t
Description: .La41e,OR Doce t - Year.D cZD *201
Order: w CoW nt: ^• -
226'-6 1/i
1 I
a
EMPORI
� ONE LEVEL +
1 82 e D
1 r H
:T n
STORES F STORES F
;o
TARGE COURT ------------
I. Plage: ] of 18 - R_
K L M N O P
DEVELOPMENT DATA
GROSS
BUILDING FLOOR FUTURE
ARE. AREA CXRANSION
_ I 1. SEARS/DEPT. STORE 'A' 119.5555F 113,577SF
1 i 2. TARGET/DEPT. STORE "B' 116,1505E 111,6115E 20.8005E
3, CINEMARK/DEPT. STORE "C' 78,511 OF 78,511 SF
4. EMPORIUM/DEPT. STORE 'D" 51,247SF 50,097SF
_ 5. DEPARTMENT STORE "E' 98,3405F OSF 98,34051'
6.MOVIES/DEPT. 'M' 79 SF 3795 SF
SUB -TOTAL 502,357SF 393752SF
_ 11 J. DE OPER MALL SHOPS i' 35,306SF 34,152SF
B. OW ELOPER MALL SHOPS "G' 16651SF 69,187SF
9. DEVELOPER MALL SHOPS 'H' 23,770SF 22,608SF
10. DEVELOPER MALL SHOPS 1' 16.5115F 13,494SF
11. DEVELOPER MALL SHOPS 'J' 68.783SF 60.377SF
12. DEVELOPER MALL SHOPS 'K' 47.089SF 44.3595F
13. DEVELOPER MALL SHOPS 'L' 7,373SF 5,7355F
14. KIOSKS (15 0 227 SF/E4) 3 40 SF 914SF
SUB -TOTAL 278.994SF 2507265F
III NON -MALL BUILDING AREA I BAOOSF 7,5005F
NON -MNL BUILDING AREA 2 2,500SF 1,3005F
NON -MALL BUILDING AREA 3 5.3005E 5,25OSF
NON -MALL BUILDING AREA 4 7,000SF 3,6005F
NON -MALL BUILDING AREA 5 Sg9OOSF 50,8575E
NON -MALL BUILDING AREA'6 7,000SF 6.9175F
NON -MALL BUILDING AREA 7 JESF 312SF
SUB -TOTAL 80,820SF 75.536SF
TOTAL862,1715E 72g014SF _ _ _ _ _ _
,CTT PROPLiEO J,19T
STANDARD
COMPACT (MAXIMUM 10% TOTAL)
V PARKING RATIO 3241
4.5 PER 1000 SF/FLOOR AREA
LL _—_N._4'40'00: E. _-_-_-_-_-
OPEN TRENCH DRAINAGE EASEMENT - — - — - — - —
_ _ _ _-- __ _ _ _ R +RANSMi55iBN' EAS€MENT
MES!
PYa
ice_ ----6 - -_ - -_i
226'
1 I - ________
I
EMPORUM
a ONE LEVEL + METAL
82 j e D I
OMPACT CI
H COMPACT
LOADING Y1
` n ` AREA
TOILETS
STORES F
STORES G STORES G YI STOE S G
._— y.P__' P�pF.nSs9fl�-rc145aaiiE�_
Description: L.nt: Document - Y ar. A7 2003. Page: 8 o- _
order: co,.mlent: •� "' •___------------------ -�,,,,�,,,�„ „,„ ...,LC ZRIE-LEVE�-__
1+9e4
®AREA PLAN
i
I
421
�I
1
\ N NON -MALL BUILDING AREA N0.5 I
NOT TO EXCEED FOUR BUILDING
ENVELOPES AND 50.900SF I
z
i\ ii 173 I
A �
,m
VNILAMN
IM
I 'I NG
Description: Laze, OR Docu nt - Y a .DocDD 2003.53669 Page: 9 of 18 f 0�\�
Order: v Cosa�enb _. -
_— ----- —______ -'R-l0
S!P
C01
V PPF
4.5
—--- I —_—----
_—_---
--- _ _ _ — _ — --- —_ — _ -- — _ — _ — _ _ _ _ _ _ _ — _
—___—F
n ;
1 j < EMP!
COMPACTO I � � ONE LEVI
V TARGET EXPANSION RUCK DO K 1 sz I
j 1n N
N
TARG ET COMPACT n 1
ONE LEVEL
<
_ _
EL. 473.5'
B z
1
STORES F STORES F
•_ ••
:o TARGET COURT ------------
—____---TARGET y?? --P---___
TARGET
EXPANSION
BIKE RACKS (4)
P
STORES K
1 c
1
TA GE TR CT
\
Nk'-
Description: La ,OR Docu nt - Y a .a
Order: v C..nb x o"
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2003.53669 Page: 10 of 16
.1 Tn r,,— -- ..m —.—
FOOD
['oACKS (2) --SL-; A
18
NON -MALL BUILDING FRFA 5
- /.000SF
3,6005F
NON -MALL BUILDING MU 6
I
50,900SF
50,95]SF
NO R-R ILOING AREA )
7.000SF
99IJSF
205E
ASF
SUB -TOTAL
62,9405E
75.5365F
_ __ _ _ _ _ _ _ _ _ TO➢L
&
- -N-TOi0. YAiRINC PRONGED — _ _ _
_ _ Bfi2,3.791
RC,45F
— _01
].]9d
COMPACT
COMPACT (A4VAMUM 10% TOTAL)
V PARKING RATIO
4.5 PER 1000 SF/FLOOR AREA
3,241
____________
N._4'40'OO_ E______.
OPEN TRENCH DRAINAGE EASEMENT
I
F226'61/16-
El-
ce_--__0ORIA0 KVEL + METALCOMPACT
COMPACT COMPEGOADING
_
STORES F STORES F
STORES K
I)eacription: Lann�OR
Ordar: wgwq C'omm�nt:
STORES G
STORES J
MOVIES 12
THEATRE M
TOILETS
STORES G
A/C -MAL' DRElEVEC- -_ _:
EL. 439.5' MAINT L
AREA
AREA
......,f -T1 f
No MAa ou: EA
NOIYO EXCEED TWO"JIL
1.3005F
5,2505F
3,6005F
50,69SF
6.917SF
1 SF
75.536SF INTERSTATE 5 _ _ _ - _ _ - - -
7R0.0145F _ _ _ _ _
_2647.76'______---
iRAN5M15swt €A3€RENT
ME CENT
PYLON LGN
I 1 `
n
m BIKE RACK BIKE RACK
CINEMARK 17 210'-e' 'S 17
VONE LEVEL C 8 _ P OR
T
10 ; 72'
I,on0w _ SEARS
TOILETS IfREA Q KE RACk LOADING AREA
LOADING AREA A
<40j ONE LEVEL
5i0RE5 H r EL. 433.5'
GG STOOGG of n -
m BIK
—r —.__-. - w .. 2 32
-C �lJET-EVES___ __ 1 275' _
5.RFAm
STORES J
MAINT.
1j STORES I
",AREA m 0
—_---
' —K — _ � CO AC OR
COMPACTOR NO AN
—.BIKE RAC -'
�I -
LOADING I I _
AREA
i
I
i
1 i � E II s7
I I
I I
I I
I
151
NN- UILDING FA N0.7
N T TO 120
0 \ 4
r--fe)r
�I
Oea :ption: ..nt: Docunnnt - Y ar. Ibc1 2003.53669 Page: 12 of
Order: vgeq Comm�nt •"•• •�` � � � -1— 1 . _... _.... __.. ......,. 1 1
MONUMENT SIGN
®TRAFFlG
SIGNAL
SIGN
GATEWAY LOOP_
Description: Lane, OR Docu nt - Y a .Doc D 2003.53669 Page: 1 of 18
Order: „ C..nt:
SITE PI
NOT TO
C
a--—�I I I 42 I- 24 a —-
11 bI 1
` SII I
Li
V5
1 NII I 32 0
1 V
NI 1
\ mI
m NON -MALL BUILDING AREA
11 NOT TO EXCEED FOUR BUILDING
II
n` II ENVELOPES AND 50,9005E
1
\` 67 ^a\
AllN
TARGET
ONE LEVEL
EL 433.5'
B z
I
T
Description: Lar ,OR Docu nt - Y a .Doc1D 2003.53669 Pa : 14 of 18
Order: v C..nt:
TARGET
EXPANSION
BIKE RACKS
NON -MALL
NOT TO E)
\ ENVELOPE
s \
5 9
---e-------�------------
-
--
--_—__—_—_—_1
226'-61/16°
n
1
EMPORIA
j
COMPACTO
1
ONE LEVEL + METAL
TARGET
EXPANSION
TRUCK DO K
1
Sz
_
D
H
COMPACT
TARGET
-= j
ONE LEVEL
IKE RACK _
EL. 473.5'
_ _
B z
0
0
STORES F
STORES F
'
- I
n
TARGET
iARGET COURT______________^__Z
— -----
STORE.
J
EXPANSION
4/ 2 P
-- �~1
BIKE RACKS (4)
P
F- ------
----STORES
STORESK
STORE
6
�I
COMPDINACTOR
o
1 OAG AR
01
d' COMIC
44
1
J
TA
GE
TR
CT
FOOD ICOURT Fr
1
_
RANSIT
HELTE
STO 1
INE
r-�
CKS (2)--�--' --
485
5
BIKE RA
,\
1
,\
1
1
1
80
1
\
1
1
1
c0"+Racr
C
NON-HPLC BUILDING AREA NO.1
e
18NOT
TO ONE
ENVELOPEXCEED AND S,000SFUILOING 5•
NON-MALL BUILDING \ 0.2
NOT TO EXC
w9
65
BUIL
0 ENVELOPE A D 2,5 SF
N \
CENTER PYLON SIGN--�
(8) -.
2'33'26• E R=291"1.92
10
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SPRINGFIELD, OREGON
TARGET
EXHIBIT "B -!x
r 0 50 100 150 20 250
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DISCLAIMEF
iFia drpwin^ contains ane or n, p
presented a GrapMc forma! ( he
General Groxth P cperlies, Inc. ("Gen
mfarmpticn purposes of end xithpu
pied .n,emoewer. Yoe r i st,ctcd
on.lmedpn doaemenls. ,ne oro.
by any General GrpxN engineer, prct
respect to opplicoble lawn or enNlna
a Represents only opPronimple shape
Ac o' site lfeatures s am:c ealal
Lane County Clerk 2013056601
Lane County Deeds and Records
After Recording Return To: 1111111111p1111111Jill IIJill 11111111111111111111 $97.00
Attn: Kristy Nlarleau 01403071201300868070080083
First American Title Insurance Company 10/29/2013 10:26:00 AM
801 Nimllet Mall, Suite 1900 RPR—AMEN Cnt=1 Stn=40 CASHIER 01
$40.00 $10.00 $11.00 $16.00 $20.00
Minneapolis, IAN 55402
Recording Cover Sheet — Oregon
This cover sheet has been prepared by the person presenting the attached instrument for
recording. Any errors in this cover sheet do not affect the transaction(s) contained in the
instrument.
1) Titles of Transaction(s)
SECOND AMENDMENT TO
CONSTRUCTION, OPERATION AND RECIPROCAL EASEMENT AGREEMENT
2) Grantors)
GGP-GATEWAY MALL, L.L.C.
c/o General Growth Properties, Inc.
110 North Wacker Drive
Chicago, IL 60606
Target Corporation
Attn: Real Estate Portfolio Management/10612
1000 Nicollet Mall
Minneapolis, AN 55403
First American Title NCS-365000-104-MPLS
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SECOND AMENDMENT TO
CONSTRUCTION, OPERATION AND RECIPROCAL EASEMENT AGREEMENT
THIS SECOND AMENDMENT TO CONSTRUCTION, OPERATION AND
RECIPROCAL EASEMENT AGREEMENT (this "Second Amendment") is made and entered
into this ;_day of loece m be r , 2006, by and between GGP-GATEWAY MALL
L.L.C., a Delaware limited liability company ( the successor in interest to Gateway Mall Limited
Partnership, hereinafter "Developer") and TARGET CORPORATION, a Minnesota corporation
(the successor in interest to Dayton Hudson Corporation, hereinafter "Target").
RECITALS:
A. Developer and Target, are al I of the Parties to that certain Construction, Operation
and Reciprocal Easement Agreement dated March 13, 1990, and recorded on March
13, 1990 as Reception No. 90-11883 in the Official Records for Lane County, Oregon
(the "Original REA") and that certain First Amendment to Construction, Operation
and Reciprocal Easement Agreement dated May 5, 2003 recorded on June 13, 2003
as Reception No. 2003-053669 in the Official Records of Lane County, Oregon (the
"First Amendment") (the Original REA and the First Amendment, as further amended
herein, are collectively referred to as the "REA").
B. Target is the current fee owner of all of the Target Tract.
C. Developer is the current fee owner of all of the Developer Tract.
D. Pursuant to Section XXVI A. of the REA, the REA may be amended by a written
agreement signed by all Parties.
E. The Parties desire to amend the REA to revise the plot plan currently attached to the
First Amendment as Exhibit B-1 (the "Amended Plot Plan") (i) to provide for the
expansion of the Floor Area for the Target Store by permitting the construction of a
second level thereon, (ii) to provide for the redevelopment of buildings on the
Developer Tract, including the construction of a two story building for Kohl's; and
(iii) to permit other modifications as provided herein.
AGREEMENT:
NOW, THEREFORE, in consideration of their mutual covenants and agreements contained in
this Second Amendment, and for other good and valuable consideration, the receipt and
sufficiency of which are herby acknowledged by each Party, Developer and Target hereby agree
as follows:
I. Incorporation by Reference. Recitals A through E above are hereby incorporated in
this Second Amendment and made a part hereof.
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2. Plot Plan. The Amended Plot Plan attached as Exhibit `B-I"to the First Amendment is
hereby deleted in its entirety and replaced with Exhibit `13-2" attached hereto and made a
parthereof. All references in the REA, to Exhibit "B" and Exhibit `B-1" Amended Plot
Plan shall mean and refer to Exhibit "B-2" hereof.
3. Building Heights. Exhibit "C" Maximum Building Heights attached to the REA is
hereby deleted in its entirety and replaced with Exhibit "C-1" attached hereto and made a
part hereof. All references in the REA to Exhibit "C" shall mean and refer to Exhibit
"C-I"hereof
4. Target Expansion Rights. Target shall have the right, but not the obligation, at any time
or from time to time to expand the Target Store by adding Floor Area on a second level to
such Store. If required by any such expansion, Target shall construct additional parking
area in a location on the Target Tract first approved by the Parties to meet the
requirements of Articles X (C) of the REA.
5. Notice. Target's current notice address for all purposes, including without limitation
XXV A. of the REA, is hereby changed to:
Target Corporation
Target Property Development
1000 Nicollet Mall
Minneapolis, MN 55403
Attn: Real Estate—Existing Stores
Developer's current notice address for all purposes, including without limitation Section
XXV A. of the REA, is hereby changed to:
with a copy to:
GGP-Gateway Mall L.L.C.
c/o General Growth Properties, Inc.
110 North Wacker Drive
Chicago, Illinois 60606
Attention: General Counsel
GGP-Gateway Mall L.L.C.
3000 Gateway Street
Springfield, Oregon 97477-1014
Attention: Mall Manager
6. COnfliet"atifleation. If there is any conflict between the provisions of the REA and
this Second Amendment, the provisions of this Second Amendment shall control. The
REA is ratified by the Parties and remains in full force and effect and remains unaltered
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except to the specific extent amended herein. Each of the Parties represents and warrants
that it has the full capacity, right, power and authority to execute, deliver and perform this
Second Amendment, and all required actions, consents and approvals thereof have been
duly taken and obtained. Furthermore, each of the Parties represents and warrants that
upon full execution of this Second Amendment, the REA as amended by this Second
Amendment shall be binding on all parties with any interest in their respective Tracts,
including., the holder of any mortgagee's interest.
7. Entire Agreement. This Second Amendment constitutes the entire agreement between
the parties with respect to the subject matter hereof and supersedes any prior written or
oral agreements pertaining thereto.
8. Exclusive Benefit. The provisions of this Second Amendment and the REA are for the
exclusive benefit of the Parties and not for the benefit of any third person; this Second
Amendment and the REA do not confer any rights, express or implied, upon any such
third person; and there are no "third party beneficiaries" to this Second Amendment or
the REA.
9. Captions; Capitalized Terms. Except as otherwise expressly provided herein,
capitalized terms used in this Second Amendment shall bear the same meanings assigned
thereto in the REA. The captions set forth herein are for convenience only and are not a
party of this Second Amendment.
10. Counterparts. This Second Amendment may be executed in counterparts or with
counterpart signature pages, which upon execution by all Parties, shall constitute one
integrated agreement.
[Rest ofpage intentionally deft blank, signature pages follow.]
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IN WITNESS WHEREOF, the undersigned has executed this Second Amendment
effective as of the day and year first above written.
GGP-GATEWAY MALL L.L.C., a Delaware limited liability
company
By: GGPLP L.L.C., a Delaware limited liability company, a
managing member
By: GOP LIMITED PARTNERSHIP, aDelaware
limited partnership, its managing member
By: GENERAL GROWTH PROPEKl'IES,
INC., a Delaware co oration, a]
partner `� \
By:
Authorized Officer
STATE OF ILLNIOIS
COUNTY OF COOK
BEFORE ME, the undersigned authority, personally appeared ���'t�f �rtt �QN p'L , to me
know and known to me to be the individual described in and who executed the foregoing instruments as
an Authorized Officer of General Growth Properties, Inc., a Delaware corporation, which is the general
partner of GOP Limited Partnership, a Delaware limited partnership which is the managing member of
GGPLP LLC., a Delaware limited liability company which is the managing member of GGP-Gateway
Mall L.L.C., a Delaware limited liability company, and who acknowledged to and before me that he/she
executed such instrument as such Authorized Officer of said corporation and that said instrument is the
free act and deed of said corporation on behalf of the entities therein named.
WITNESS my hand and official seal this jj�day of &J(,I, 6e/ 2006.
Notary Public
OFFI=SEAL" My Commission Expires:1h444LESLEENotary P.tMy Commissi
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IN WITNESS WHEREOF, the undersigned has executed this Second Amendment effective as of
the day and year first above written.
TARGET CORPORATION, a Minnesota
corporation
By:
Printed Nan e. BIsOrs
Its: Ien
STATE OF MINNESOTA
COUNTY OF HENNEPIN
BEFORE ME, the undersigned authority, personally appeared 3a I IV&W , to
me known and known to me to be the individual described in and who executed the foregoing
instrument as President of Target Corporation, a Minnesota corporation, and who
acknowledged to and before me that he executed such instrument as such��i (4� President of said
corporation and that said instrument is the free act and deed of said corporation.
WITNESS my hand and official seal this - j day of 02 CQ f)ADCC , 2006
^^'��NMntiwYwrwwwwvwN.
ELIZABETH A. MANKEY
NOTARY PUBLIC -MINNESOTA N t Public
M caamuim Evpkeeden. m, moe .ommission Expires: l 31�a ud q
/
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1 ' 605 GENeaeo orthllnao P0uE601Inc
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J
EXHIBIT "C -I"
MAXIMUM BUILDING HEIGHTS
The maximum heights of the buildings in the Center shall not exceed the following
dimensions. The dimensions as indicated for each building represent the exterior wall height
including the parapet walls, mechanical equipment penthouses, screens to hide the mechanical
equipment and entrance structure cupolas and canopies above the finished floor elevation of each
such buildings.
DEVELOPER MALL STORES:
ENCLOSED MALL 40 feet
TARGET STORE 45.6 feet
SEARS 38 feet
ASHLEY'S 38 feet
KOHL'S 45.6 feet
DEVELOPER NON -MALL BUILDING AREAS
NON -MALL BUILDING AREA I
24 feet
NON -MALL BUILDING AREA 2
24 feet
NON -MALL BUILDING AREA 3
24 feet
NON -MALL BUILDING AREA 4.
24 feet
NON -MALL BUIILDING AREA 5
24 feet
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Lane County Clark 2014.021249
Lane County Deeds and Records
11111111 $127.00
438227201400212490130231
06/10/2014 09:44:44 AM
RPR -AMEN Cntel Stno40 CASHIER 01
$65.00 $10.00 $11.00 $21.00 $20.00
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THIRD AMENDMENT TO
CONSTRUCTION, OPERATION ANDRECIPROCAL EASEMENT AGREEMENT
THIS THIRD AMENDMENT TO CONSTRUCTION, OPERATION AND RECIPROCAL
EASEMENT AGREEMENT (this "Third Amendment") is made and entered into this
day of IY , 2014, by and between GGP-GATEWAY MALL L.L.C., a Delaware
limited liability company (the successor in interest to Gateway Mall Limited Partnership,
hereinafter `Developer") and TARGET CORPORATION, a Minnesota corporation (the
successor in interest to Dayton Hudson Corporation, hereinafter "Target").
RECITALS:
A. Developer and Target are all ofthe Parties to that certain Construction,
Operation and Reciprocal Easement Agreement dated Much 13, 1990, and
recorded on March 13, 1990 as Reception No. 90-11883 in the Official
Records for Lane County, Oregon (the "Original REX'), that certain First
Amendment to Construction, Operation and Reciprocal Easement Agreement
dated May 5, 2003 recorded on June 13, 2003 as Reception No. 2003-053669
in the Official Records ofLane County, Oregon (the `First Amendment"),
and that certain Second Amendment to Construction, Operation and
Reciprocal Easement Agreement dated December 13, 2006, recorded on
October 29, 2013 as Reception No. 2013-056807 in the Official Records of
Lane County, Oregon (the "Second Amendment") (the Original REA, the
First Amendment, and the Second Amendment, as further amended herein,
are collectively referred to as the "REA").
B. Target is the current fee owner of all of the Target Tract.
C. Developer is the current fee owner of all of the Developer Tract.
D. Pursuant to Section XXVI(A) of the REA, the REA may be amended by a
written agreement signed by all Parties.
E. The Parties desire to amend the REA as herein provided.
AGREEMENT:
NOW, THEREFORE, in consideration of their mutual covenants and agreements contained
in this Third Amendment, and for other good and valuable consideration, the receipt and
sufficiency of which is herby acknowledged by each Party, Developer and Target hereby
agree as follows:
1. Incorporation by Reference. Recitals A through E above are hereby incorporated in this
Third Amendment and made a part hereof Upon recording 6 please return to:
First American Title Insurance Co.
801 Nicollet Mall, Suite 1900
Minneapolis, MN 55492
NCS_b23_0 _MPLS (� )
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2. Plot Plan. The Amended Plot Plan attached as Exhibit "B-2" to the Second Amendment
is hereby deleted in its entirety and replaced with Exhibit `B-3" attached hereto and
made a part hereof. All references in the REA, to Exhibit "B", Exhibit "B-1" Amended
Plot Plan, and Exhibit `B-2" Amended Plot Plan shall mean and refer to Exhibit `B-3"
hereof.
3. Developer Mall Stores. Article I, Section I is deleted in its entirety and replaced by the
following language in lieu thereof:
`T Developer Mall Stores. The term "Developer Mall Stores" means
the buildings, as the same may exist from time to time including any
replacements thereof, located on the Developer Tract fronting on,
abutting or adjoining the Enclosed Mall as designated on the Amended
Plot Plan."
4. Developer Non -Mall Building Areas. Article I, Section J is deleted in its entirety and replaced
by the following language in lieu thereof:
"J. Developer Non -Mall Building Areas. The term "Developer Non -
Mall Building Areas" means those portions of the Developer Tract
which do not abut the Enclosed Mall as designated on the Amended
Plot Plan. Each Developer Non -Mall Building Area may accommodate
one or more Non -Mall Buildings of an aggregate Floor Area, all as
further designated on the Amended Plot Plan.'
5. Target Non -Mall Building Area. The following language is added at the end of Article I as
Section HH:
"HH. Target Non -Mall Building Area. The term "Target Non -Mall
Building Area" means that portion of the Target Tract which does not
abut the Enclosed Mall as designated on the Amended Plot Plan. Each
Target Non -Mall Building Area may accommodate one or more Target
Non -Mall Buildings of an aggregate Floor Area, all as further
designated on the Amended Plot Plan"
6. Target Non -Mall Stores. The following language is added at the end of Article I as
Section 11:
IL Target Non -Mall Stores. The term "Target Non -Mall Stores" means
the buildings, if built, to be constructed in the future, as the same may
exist from time to time including any replacement thereof, located on
the Target Non -Mall Building Area shown on the Amended Plot Plan."
7. Entry Into Enclosed Mall. Article IV(L) of the REA is hereby deleted in its entirety.
g. Article VH. Article VII is hereby deleted in its entirety.
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9. Floor Area. The following sentence is added to the end of the third paragraph of Article Vlll,
Section A:
"The concepts of `Initial Planned Floor Area' and `Minimum Floor
Area' are for the sole purpose of calculating the allocation of Common
Area Maintenance Cost and do not reflect an obligation or covenant to
open or operate a Store."
10. Parking Ratio. Article X, Section C is amended by deleting the first paragraph in its entirety
and replacing the following language in lieu thereof:
"Subject to Article XVI, Developer and each Major shall have available
within the Automobile Parking Area on their respective Tracts, at all
times and after completion of construction thereof, not less than 3.6
automobile parking spaces for each 1,000 square feet of Floor Area on
their respective Tracts, all in conformance with the puking layout as
shown on the Amended Plot Plan."
11. Identification Signs.
A. The following language is added at the end of Article XVIII, Section C:
"No other freestanding signs other than the Center Pylon Sign,
the Message Center Pylon Sign and the four (4) Monument
Signs may be constructed on the Shopping Center Site without
the prior written approval of the Parties."
B. The following language is added as Section D of Article XVIII:
"D. Notwithstanding anything to the contrary in this
Article XVIII, Developer hereby grants and conveys to
Target, its successors and assigns as the owner of the
Target Tract, a perpetual easement for the right and
privilege to place or affix identification panel(s) of various
sizes, but not more than two (2) in total, to each of the
Center Pylon Sign and Message Center Pylon Sign in the
cabinet spaces (both sides of each structure) designated
"Target" on Exhibit E attached hereto. The easement grant
shall include reasonable access over, across and upon the
Developer Tract to permit such identification panel(s) to be
installed, replaced, maintained and operated. Any
proposed changes to the Center Pylon Sign or Message
Center Pylon Sign, including but not limited to the location
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of the Sign, the number of identification panels thereon or
the location of identification panels thereon, most be
approved in advance by Target in writing."
12. Term. Article XXVII of the REA is hereby amended by deleting "December 31, 2024" in the
first paragraph and replacing it with "December 31, 2074".
13. Notice. Target's current notice address for all purposes, including without limitation
Article XX V, Section A of the REA, is hereby changed to:
Target Corporation
Target Property Development
Attn: Real Estate Portfolio Management [Springfield, OR]
1000 Nicollet Mall, TPN 12H
Minneapolis, Minnesota 55403
Developer's current notice address for all purposes, including without limitation Article XXV,
Section A of the REA, is hereby changed to:
with a copy to:
GGP-Gateway Mall L.L.0
1114 Avenue of the Americas, Suite 2800
New York, New York 10036
Attn: General Counsel
Gateway Mall
3000 Gateway Street
Springfield, Oregon 97477
Atm: General Manager
14. Authority. Each of the parties represents and warrants that it has the full capacity, right,
power and authority to execute, deliver and perform this Third Amendment and that all
required actions, consents and approvals therefor have been duly taken and obtained.
Furthermore, each of the parties represents and warrants that upon full execution of this Third
Amendment, the REA as amended by this Third Amendment shall be binding on all parties
with any interests in its respective Tract, including but not limited to the holder of any
mortgagee's interest.
15. Conflicts/Ratification. If there is any conflict between the provisions of the REA and this
Third Amendment, the provisions of this Third Amendment shall control. The REA is
ratified by the Parties and remains in full force and effect and remains unaltered except to
the specific extent amended herein. Each of the Parties represents and warrants that it has
the full capacity, right, power and authority to execute, deliver and perform this Third
Amendment, and all required actions, consents and approvals thereof have been duly taken
and obtained. Furthermore, each of the Parties represents and warrants that upon full
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execution of this Third Amendment, the REA as amended by this Third Amendment shall
be binding on all parties with any interest in their respective Tracts, including, the holder
of any mortgagee's interest.
16. Entire Agreement. This Third Amendment constitutes the entire agreement between the
parties with respect to the subject matter hereof and supersedes any prior written or oral
agreements pertaining thereto.
17. Exclusive Benefit. The provisions ofthis Third Amendment and the REA are for the
exclusive benefit ofthe Parties and not for the benefit of any third person; this Third
Amendment and the REA do not confer any rights, express or implied, upon any such
third person; and there are no "third party beneficiaries" to this Third Amendment or the
REA.
18. Captions; Capitalized Terms. Except as otherwise expressly provided herein, capitalized
terms used in this Third Amendment shall bear the same meanings assigned thereto in the
PEA. The captions set forth herein are for convenience only and are not a party of this
Third Amendment.
19. Counterparts. This Third Amendment may be executed in counterparts or with counterpart
signature pages, which upon execution by all Parties, shall constitute one integrated
agreement.
[Rest ofpage intentionally left blank; signature pages follow.]
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IN WITNESS WHEREOF, the undersigned has executed this Second Amendment effective as of
the day and year first above written.
GGP-GATEWAY MALL L.L.C., a Delaware
limited lia 'lity parry
By:
Au orized Signatory
STATE OF NY
COUNTY OF NY ) ,
BEFORE ME, the undersigned authority, personally appeared rmr i ' to me known and known
to me to be the individual described in and who executed the foregoing lnstnunents as an Authorized
Signatory of GGP-GATEWAY MALL L.L.C., a Delaware limited liability company, and who
acknowledged to and before me that he/she executed such instrument as such Authorized Signatory
of said limited liability company and that said instrument is the free act and deed of said limited
liability company on behalf of the entities therein named.
WITNESS my hand and official seal this v day of 2014.
N ary Public
Commission Expires:
JODIEANN NELSON
NOTARY PUBLIC -STATE OF NEW YORK
NO.OINE6266BB8
Qualified in Kings County
My Commission Expires August 06, 2016
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TARGET CORPORATION, a Minnesota corporation
By:
Printed N e Scott Nelson
Its: Sr. Vice President
Target Corporation
STATE OF MINNESOTA
COUNTY OF HENNEPIN
BEFORE ME, the undersigned authority, personally appeared �1 \ Iejw1
to me known and known to me to be the individual described in and who executed the
foregoing instrument aN f Target Corporation, a Minnesota -co Mario d who
acknowledged to and before me that he executed such instrument af said
corporation and that said instrument is the free act and deed of said corporation.
WITNESS my hand and official seal this day of -K4-6— 2014.
Kelly Amber Klukken
NOT'Ry' 0LIC MINNE50TA NOYa ubhC V�
MV COMMISSION 1��t1�s
EXPIRES JAN. 31.2015 My Commission Expires:
MMnA"�
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EXHIBIT B-3
AMENDED PLOT PLAN
[copy attached hereto]
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EXHIBIT E
DEPICTION OF SIGNS
[copy attached hereto]
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Message Center Pylon Sign
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Center Pylon Sign
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VVTF, Wov1 ; Q2T-0
After Racadng Return To:
Western Title 6 Escrow Company
497Oakway Rd. S& 940, Eugene, OR 97401
RECORD AND RETURN TO:
Paul Hastings LLP
71 South Wacker Drive
Suite 4500
Chicago, Illinois 60606
ATTN: Gregory Spitzer, Esq.
Lane County Clerk 2017-011363
Lane County Deeds & Records
03/07/2017 01:14:10 PM
RPRASN Cut -2 Stn -0 CASHIER 02 9pages
S10.00 $5.00 S45 00 SH 1.00 $21.00 $92.00
ASSIGNMENT AND ASSUMPTION AGREEMENT
For good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, GGP-GATEWAY MALL L.L.C., a Delaware limited liability
company ("Assignor"), hereby irrevocably assigns, transfers and sets over to and BRFI
GATEWAY, LLC, a Delaware limited liability company ("Assignee"), all of Assignor's
right, title and interest in and to the reciprocal easement and operating agreements (the
"REAS") enumerated on Schedule A attached hereto and made a part hereof and affecting
the real property described on Schedule B attached hereto.
Assignee hereby assumes all obligations of Assignor in connection with the REAS
which first arise from and after the date hereof. Assignee shall have no obligation,
liability or responsibility whatsoever for any costs, expenses, obligations or liabilities of
Assignor with respect to the REAS which are attributable to any period prior to the dale
hereof, and Assignor shall have no obligation, liability or responsibility whatsoever for
any costs, expenses, obligations or liabilities of Assignee with respect to the REAS which
are attributable to any period from and after the date hereof. Assignor shall remain liable
for all of the various commitments, obligations and liabilities of Assignor with respect to
the foregoing accruing or arising or required prior to the date hereof. Assignor makes no
representation or warranty in connection with the REAS and, except for the foregoing,
this Assignment is made without recourse to Assignor. All mans of this Assignment
shall be binding upon, inure to the benefit of and be enforceable by the parties hereto and
their respective legal representatives, successors and assigns. This Assignment shall not
confer any rights or remedies upon any person other than Assignor and Assignee.
No modification, waiver, amendment, discharge or change of this Assignment
shall be valid unless the same is in writing and signed by the party against which the
enforcement of such modification, waiver, amendment, discharge or change is or may be
sought.
This Assignment shall be construed and enforced in accordance with the laws of
the State of Oregon.
This Assignment may be executed in any number of counterparts, each of which
so executed shall be deemed original; such counterparts shall together constitute but one
agreement
(Signature pages follow)
Description: Lar ,OR Doeu nt - Y ar. DJc1D 2017.]1363 Page: 1 of 9
Order: v Cona,ent:
IN WITNESS WHE OF, Assignor and Assignee have each executed this
Assignment of this � day of 2017.
ASSIGNOR:
GGP-GATEWAY MALL L.L.C.
By:
Name:L. arper
Title: C ief k xecutive Officer
State of NNW s/OKK, County of LRQ 40RJQ ss.
This instrument was acknowledged before me on this Isr day of MA" , 2017 by
GGP-GATEWAY MALL L.L.C., a Delaware limited liability company, by Brian L.
Harper, its Chief Executive Officer, who acknowledged that he did sign the foregoing
instrument and that the same is the free act and deed of said company and his free act and
deed personally and as such Chief Executive Officer.
NICHCLAS P. WILLIAMS �1 uu^
Notuy Pubft, Mateof New Yam
01WI310N Notary Public for WW VORUg
Na 07 WB
0u 1111edInNmYork Co My Commission Expires l �
Comm)Ww Aut926,3tttt
[Gateway Aoipment of REA]
Description: Lar ,OR Doan nt - Y a .rbclD 2017.]1363 Page: 2 of 9
Order: v Co.nt:
ASSIGNEE:
BREI GATEWAY, LLC,
a Delaware limited liability company
By:
Name: Adam Miller
Title: Vice President
A notary public or other officer completing this
certificate verifies only the identity of the individual
who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
validity of that document.
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES } S&
On before me, �i9vi0 i//�.git6L
,!//ly.:ys9�ie (here
insert game and title of the officer), personally appeared
who proved to me on the
basis of satisfactory evidence to be the person whose namO is/aft subscribed to the within
instrument and acknowledged to me that e/%skfe`t}fey execute the same in his/1>
authorized capacity i(�5) and that by his/teff it signatur5* on the instrument the perso�or
the entity upon behalf of which the perso>�acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.
WITNESS my hand and official seal.
Slgtiaf re
[Gateway Assignment of AEA]
Description: Lara, OR Document - Year. DoarD 2017.]1363 page: 3 of 9
Ozd : *'ge'g Coemtent:
ALFREDO DAVID ALVAREZ
commission • 2075105
ti Notary Public - camarnta
Los Angeles Coumy
comm. Expires Jut 19.201!
Schedule A
REAS
Construction, Operation and Reciprocal Easement Agreement by and between GGP-
Gateway Mall L.L.C. (successor in interest to Gateway Mall Limited Partnership) and
Dayton Hudson Corporation, dated as of March 13, 1990, filed with the Clerk of Lane
County, Oregon as Document No. 90-11883, as amended by:
First Amendment to Construction, Operation and Reciprocal Easement
Agreement by and between GGP-Gateway Mall L.L.C. and Target Corporation
(successor in interest to Dayton Hudson Corporation), dated as of May 5, 2003,
and recorded on June 13, 2003, with the Clerk of lane County, Oregon as
Document No. 2003-053669.
2. Second Amendment to Construction, Operation and Reciprocal Easement
Agreement by and between GGP-Gateway Mall L.L.C. and Target Corporation,
dated as of December 13, 2006, and recorded on October 29, 2013, with the Clerk
of Lane County, Oregon as Document No. 2013-056807.
3. Third Amendment to Construction, Operation and Reciprocal Easement
Agreement by and between GGP-Gateway Mall L.L.C. and Target Corporation,
dated as of May 30, 2014, and recorded on June 10, 2014, with the Clerk of Lane
County, Oregon as Document No. 2014-021249.
Description: Large, OR Docunnt - Y a .DJc1D 2017.]1363 Page: C of 9
Order: v Co.nt:
Schedule B
Real Pmuerty
PARCELS
Beginning at a point on the East line of Interstate Five, said point being 600.0 feet North 041 40'
04" East from the Northwest corner of that certain tract of land described in amendment to
contract between Anna Boyd Davis Reed, seller and Staff Jennings, Inc., buyer, said amendment
being recorded July 20, 1971, Reel 541, Reception No. 55588, Official Records of Lane County,
Oregon, and said beginning point being more particularly described as being 125.69 feet North
000 04' West and 564.27 feet South 68° 40' West and 619.49 feet West and 600.0 feet North 04°
40' 04" East from the Southwest comer of the W. M. Stevens Donation land Claim No. 46.
Section 22, Township 17 South, Range 03 West of the Willamette Meridian, Lane County,
Oregon, running thence North 04° 40' 04" East along the Past line of Interstate 5 a distance of
1360.7 feet to the Southwest corner of that, certain tract of land conveyed in Tract 11 to Calef
Properties by Deed recorded November 4, 1971, Reception No. 71503, Official Records of Lane
County, Oregon; thence South 89° 50' East 983.66 feet to a point on the West line of Stevens
Donation Land Claim, thence North 00° 04' West along the West line of said Stevens Donation
Land Claim 278.19 feet; thence North 89° 45' 20" East 287.16 feet to a point on the Westerly
line of Gateway Street; thence South 040 55' 44" West along the West line of Gateway Street
1064.03 feet; thence along the West line of Gateway Street on the arc of a 2904.79 foot radius
curve left (the long chord of which bears South 02° 28' 36" West 248.63 feet) a distance of
248.70 feet; thence leaving the West line of said Gateway Street South 68° 40' West 889.63 feet;
thence West 450.0 feet to the Place of Beginning.
PARCELII
Beginning at a point on the North line of that certain tract of land described in amendment to
contract between Anna Boyd Davis Reed, seller and Staff Jennings, Inc., buyer, said amendment
being recorded July 20, 1971, Reel 541, Reception No. 55588, Official Records of Lane County,
Oregon; said point being on the West Zine of the W. M. Stevens Donation Land Claim No. 46,
Section 22, Township 17 South, Range 03 West of the Willamette Meridian, Lane County,
Oregon 125.69 feet North 00° 04' West from the Southwest comer of said Stevens Donation
Land Claim; running thence South 68° 40' West 56427 feet; thence West 619.49 feet to a point
on the East tine of Interstate Five; thence North 000 40' 04" East along the East line of Interstate
Five a distance of 600.0 feet; thence East 450.0 feet; thence North 680 40' Past 889.63 feet to the
West Line of Gateway Street; thence Southerly along the Westerly line of Gateway Street to a
point marking the Northeast corner of the above mentioned Staff Jennings, Inc., tract, thence
South 68° 40' W est 267.08 feet to the Place of Beginning.
PARCEL TIL
A parcel of land in Section 22, Township 17 South, Range 3 West of the Willamette Meridian, in
the City of Springfield, described as follows:
Deaoription: Large, OR Doew nt - Y a .DJc1D 2017.]1363 Page: 5 of 9
Order: v Co.nt:
Beginning at a point on the West line of the William Stevens Donation Land Claim No. 46,
Township 17 South, Range 3 West of the Willamette Meridian, 1498.38 feet South 0° 04' East
from the Northwest comer of said Donation Land Claim No. 46; thence South 0° 04' East 211.69
feet along said West line; thence South 890 49' 20" West 834.94 feet to a point on the Easterly
right of way line of Interstate 5; thence South 4° 40' West 1422.55 feet along said Easterly right
of way line of Interstate 5 to the true point of beginning; thence continuing South 4° 40' West
378.96 feet along said right of way line; thence South 89° 50' East 983.66 feet to a point on the
West Line of said Donation Land Claim No. 46, North 0° 04' West, 1870.77 feet from the
Southwest corner of said Donation Land Claim No. 46; thence North 00 04' West 278.19 feet
along said West line; thence North 890 45'20" East 287.16 feet to a point on the Westerly right
of way line of Gateway Street; thence North 40 56' East 106.83 feet along the Westerly right of
way line of Gateway Sheet to a point which bears North 89° 45'20" East from the True Point of
Beginning; thence South 89° 45' 20" West 1248.92 feet to the True Point of Beginning, in Lane
County, Oregon.
PARCEL 1V
Beginning at a point being North 0° 04' 00" West 125.69 feet and South 680 40' 00" West
369.59 feet from the Southwest corner of the W. M. Stevens Donation Land Claim No. 46, in
Section 22, Township 17 South, Range 3 West of the Willamette Meridian; said point being on
the Westerly margin of Beverly Street, thence along said margin South 21° 20' 00" East
291.02 feet to the Northerly margin of Harlow Road; thence leaving said Westerly margin along
the Northerly margin, along the we of a 2819.79 foot -radius curve to the right (the chord of
which curve bears South 73° 17' 16" West 296.53 feet) a distance of 296.67 feet; thence
continuing along said margin South 76° 25' 34" West 73.40 feet; thence continuing along said
margin South 89° 22' 51" West 576.88 feet to the Easterly margin of Interstate 5; thence leaving
said Northerly margin along the Easterly margin North 40 41' 18" East 310.02 feet; to the
Southwest comer of that certain parcel conveyed to Gateway Mall Limited Partnership, a South
Dakota Partnership by instrument recorded under Reception No. 88-12552 Official Records,
Lane County, Oregon; thence leaving said Easterly margin East along the south line of aforesaid
Gateway Mall Limited Partnership property.
EXCEPT THEREFROM that portion conveyed to Dayton Hudson Corporation, a Minnesota
corporation, by deed recorded March 13, 1990, Recorder's Reception No. 90-11882, Lane
County Oregon Official Records, described as follows: Beginning at a point being North 559.08
feet and West 883.78 feet from the Southwest comer of the W. M. Stevens Donation Land Claim
No. 46, in Section 22, Township 17 South, Range 3 West of the Willamette Meridian; thence
South 85 degrees 20' 00" East 192.50 feet; thence South 4 degrees 40' 00" West 146.92 feet;
thence South 85 degrees 20' 00" East 178.76 feet; thence North 4 degrees 40' 00" East 4.85 feet;
thence South 85 degrees 20' 00" East 35.78 feet; thence North 34 degrees 39' 03" East 84.36 feet;
thence South 85 degrees 20' 00" East 429.71 feet; thence South 4 degrees 21' 29" East 6526 feetr
thence along the arc of a 228.00 foot radius curve to the right (the chord of which curve bears
South 32 degrees 09' 15" West 271.32 feet) a distance of 290.59 feet; thence South68
degrees 40' 00" West 166.75 feet; thence South 21 degrees 20' 00" East 54.00 feet; thence
South 68 degrees 40' 00" West 60.00 feet; thence North 21 degrees 20' 00" West 54.00 feet;
Description: Large, OR Doan nt - Y a .Doc1D 2017.]1363 ]? g : 6 of 9
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thence South 68 degrees 40' 00" West 217.49 feet; thence West 365.85 feet; thence North 4
degrees 40' 00" East 598.65 feet to the point of beginning, in Lane County, Oregon.
ALSO EXCEPTING THEREFROM that portion described in General Judgment recorded
April 6, 2007, Reception No. 2007-022874, Official Records of Lane County, Oregon.
ALSO EXCEPT THEREFROM that portion conveyed to City of Springfield for public road by
Bargain and Sale Deed recorded October 9, 2008, Document No. 2008-056324, Lane County
Records.
ALSO EXCEPTING THEREFROM that portion described in Bargain and Sale Deed recorded
March 8, 1990, Reception No. 90-11194, Official Records of Lane County, Oregon.
(Tax Lot Numbers 17-03-22-00-02109, 17-03-22-00-02200, 17-03-22-00-02218, 17-03-22-00-
02219,17-03-22-00-02300 and 17-03-22-00-02305)
THE ABOVE DESCRIBED LAND ALSO BEING KNOWN AS (without representation or
warranty as to the accuracy of the description set forth below):
Beginning at a point North 00 degrees 04'00" West a distance of 125.69 feet from the Southwest
corner of the W.M. Stevens Donation Land Claim No. 46, in Section 22, Township 17 South,
Range 3 West, Willamette Meridian; thence South 68 degrees 40' 00" West a distance of 369.62
feet to the Westerly right-of-way of Beverly Street; thence South 21 degrees 20' 00" East along
said Westerly right-of-way a distance of 291.02 feet to the Northerly right-of-way of Harlow
Road; thence along the Northerly right-of-way of Barlow Road along the arc of a 2819.79 foot
radius curve right (the chord of which bears South 73 degrees 19' 13" West a distance of 296.53
feet) a distance of 296.67 feet; thence continuing along said Northerly right-of-way, South 76
degrees 25' 57" West a distance of 73.46 feet; thence continuing along said Northerly right-of-
way South 89 degrees 22' 51" West a distance of 576.60 feet to the Easterly right-of-way of
Interstate 5; thence North 04 degrees 41' 34" East along said Easterly right-of-way a distance
of 2647.83 feet to the Southwest corner of that parcel described on Reel 1139, Reception No. 81
24247; thence leaving said Easterly right-of-way North 89 degrees 46' 54" East along the South
line and extension thereof of said parcel, a distance of 1249.20 feet to the Westerly right-of-way
of Gateway Street; thence alone said Westerly right-of-way the following courses and distances:
along the arc of a 53.0 foot radius curve right (the chord of which bears South 15 degrees 55' 15"
West a distance of 20.14 feet) a distance of 2027 feet thence along the are of a 127.0 foot radius
curve left (the chord of which bears South 15 degrees 55' 15" West a distance of 4827 feet) a
distance of 48.56 feet; thence South 04 degrees 57' 57" West a distance of 148.74 feet; thence
South 26 degrees 54' 23" West a distance of 32.12 feet; thence South 04 degrees 57' 57" West a
distance of 85.15 feet; thence South 27 degrees 39' 44" East a distance of 46.37 feet; thence
South 04 degrees 57' 57" West a distance of 800.07 feet to the point of curvature of a 2904.93
-foot radios curve left; thence along the we of said curve (the chord of which bears South 02
degrees 46' 21" West a distance of 222.48 feet) a distance of 222.53 feet; thence along the arc of
a 53.0 foot radius curve right (the chord of which bears South I I degrees 12' 04" West a distance
of 19.54 feet) a distance of 19.66 feet; thence along the we of a 127.0 foot radius curve left (the
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chord of which bears South 10 degrees 31' 53" West a distance of 49.75 feet) a distance of 50.07
feet: thence alone the arc of a 2917.93 foot radius curve left (the chord of which bears South 02
degrees 31' 23" East a distance of 179.44 feet) a distance of 179.46 feet; thence South 17
degrees 30' 11" West a distance of 31.92 feet; thence South 05 degrees 43' 11" East a distance
of 87.27 feet; thence South 39 degrees 45' 43" East a distance of 46.13 feet; thence along the arc
of a 2904.93 foot radius curve left (the chord of which bears South 09 degrees 46' 48" East a
distance of 248.05 feet) a distance of 248.12 feet; thence leaving the Westerly right-of-way of
Gateway Street, South 68 degrees 40' 00" West a distance of 267.40 feet to the Point of
Beginning, all in Lane County, Oregon.
EXCEPT THEREFROM that portion conveyed to Dayton Hudson Corporation, a Minnesota
corporation, by deed recorded March 13, 1990, Recorder's Reception No. 90-11882, Lane
County Oregon Official Records, described as follows: Beginning at a point being North 559.08
feet and West 883.78 feet from the Southwest comer of the W. M. Stevens Donation Land Claim
No. 46, in Section 22, Township 17 South, Range 3 West of the Willamette Meridian; thence
South 85 degrees 20' 00" East 192.50 feet thence South 4 degrees 40' 00" West 146.92 feet;
thence South 85 degrees 20' 00" East 178.76 feet; thence North 4 degrees 40' 00" East 4.85 feet;
thence South 85 degrees 20' 00" East 35.78 feet; thence North 34 degrees 39' 03" East 84.36 feet;
thence South 85 degrees 20' 00" East 429.71 feet: thence South 4 degrees 21' 29" East 65.26 feet;
thence along the arc of a 228.00 foot radius curve to the right (the chord of which curve bears
South 32 degrees 09' 15" West 271.32 feet) a distance of 290.59 feet; thence South 68
degrees 40' 00" West 166.75 feet thence South 21 degrees 20' 00" East 54.00 feet, thence
South 68 degrees 40' 00" West 60.00 feet thence North 21 degrees 20' 00" West 54.00 feet
thence South68 degrees 40' 00" West 217.49 feet; thence West 365.85 feet; thence North
degrees 40' 00" East 598.65 feet to the point of beginning, in Lane County, Oregon.
ALSO EXCEPTING THEREFROM that portion described in General Judgment recorded
April 6, 2007, Reception No. 2007-022874, Official Records of Lane County, Oregon.
ALSO EXCEPT THEREFROM that portion conveyed to City of Springfield for public road by
Bargain and Sale Deed recorded October 9, 2008, Document No. 2008-056324, Lane County
Records.
ALSO EXCEPTING THEREFROM that portion described in Bargain and Sale Deed recorded
March S. 1990, Reception No. 90-11194, Official Records of Lane County, Oregon.
(Tax Lot Numbers 17-03-22-00-02109, 17-03-22-00-02200, 17-03-22-00-02218, 17-03-22-00-
02219,17-03-22-00-02300 and 17-03-22-00-02305)
PARCEL V:
Together with those rights and easements constituting tights in real property created -defined and - -
limited by that certain Construction, Operation and Reciprocal Easement Agreement by and
between Gateway Mall Limited Partnership, a South Dakota limited partnership (Developer) and
Dayton Hudson Corporation, a Minnesota corporation (Target), including the terms and
provisions thereof dated Much 13, 1990, recorded March 13, 1990 under Recorder's Reception
Deaoription: Lar ,OR Doan nt - Y a .Doc1D 2017.]1363 Page: 8 of 9
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No. 90-11883, in the Official Records of Lane County, Oregon and as amended by instruments
recorded .lune 13, 2003, Document No. 2003-053669, recorded October 29, 2013, Document No.
2013-056807 and recorded June 10, 2014, Document No. 2014-021249.
Description: Large, OR Doan nt - Y a .Doc1D 2017.]1363 Pa : 9 of 9
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RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO:
BRFI Gateway, LLC
c/o Balboa Retail Advisors, LLC
11611 San Vicente Boulevard, Suite 900
Los Angeles, CA 90049
Attention: Adam Miller
Lane County Clerk 2022-2%9%4
Lane County Deeds and Records
IIIIIIIIII IIIII 11IIIIIIIIIIII I II IIIIIIIIIIII I 111 $157.00
02029446202200279740150163
06/28/2022 08:56:38 AM
RPR-ESMT Cm=1 Pgs=15 Stn=1 CASHIER 05
$76.00 $10.00 $11.00 $61.00
DECLARATION OF EASEMENTS
(The Shoppes at Gateway)
This DECLARATION OF EASEMENTS ('Declarxtiuu") is made as of the Z _w day
of 3-c 2022, by BRFI Gateway, LLC, a Delaware limited liability company ("Declarant").
RECITALS:
A Declarant is the owner of that certain real property located in the City of
Springfield, County of Lane, Slate of Oregon, as more particularly described on Exhibit "A"
attached hereto and depicted on Exhibit "B" attached hereto (the "Site Plat") located within the
shopping center commonly (mown as The Shoppes at Gateway. The real property within said
Exhibit "A" is composed of sub -parts individually referred to as a "Lot' and collectively, the
"Lots" or the `Property", and are identified on the Site Plan as Lots 1-22 and Tax Lot 2305.
B. Declarant will hereafter hold and convey tide to all and every portion of the
Property subject to the easements and covenants herein set forth, it being the intention of Declarant
that the provisions of this Declaration shall run with the land and bind and benefit the Property,
Declarant, as the current owner of the Property, each and every successor owner of the Property,
and every portion thereof, and each person or entity having an interest in the Property, and every
portion thereof, derived through any such owner.
DECLARATION:
NOW, THEREFORE, Declarant hereby covenants and declares that the Property is now
held and shall hereafter be held, transferred, sold, leased, conveyed and occupied subject to the
casements and covenants herein set forth.
Definitions.
(a) "Access Drives" is defined in Section 3.
(b) "Declarant' initially is the signatory to this Declaration, and upon the first
conveyance of a Lot fallowing the recordation o f this Declaration, Declarant shall thereafter be the
owner (and its successors -in -interest) of that certain real properly located in the City of Springfield,
County of Lane, State of Oregon as depicted on Exhibit "B" attached hereto as "Lot 5' ("Lot 5").
If Lot 5 is subdivided, then thereafter Declarant shall be the owner (and its successors -in -interest)
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of one of the newly subdivided lots as identified by Declarant in an instrument recorded
concurrently with the creation of such subdivision.
(c) "Dominant Estate" is defined in Section 6.
(d) "Grantee" is any owner (including Declarant) of a Dominant Estate.
(e) "Grantor" is any owner (including Declarant) ofa Servient Estate.
(f) "Mall Lots" are Lots 3 — 8 and 18 as shown on the Site Plan.
(g) "Mall Adjacent Lots" are Lots 1, 9, 10, 19 and 20 as shown on the Site
Plan.
(h) "Occupant' is any Person, together with all officers, directors, partners,
employees and agents of such Person, entitled by fee ownership, leasehold interest or license to
the exclusive occupancy of all, or any portion of, a Lot.
(i) `Permittees" are owners of the Lots and all Occupants and their respective
officers, directors, employees, agents, contractors, customers, vendors, suppliers, visitors, invitees,
licensees and concessionaires insofar as their activities relate to the intended use of the Property.
(j) "Person" is any individual, partnership, firm, joint venture, association,
corporation or any other entity.
(k) "Servient Estate" is defined in Section 6.
(1) "Stormwater Facilities" is defined in Section 5.
(m) "Sub -Declaration" is a separate declaration recorded by Declarant against
one or more Lots.
(n) "Utility Facilities" is defined in Section 4.
2. Parking Easement. Declarant hereby reserves to itself and grants to each successor
owner of a Benefitted Lot (see first column below) for its and their respective use, and for the use
of their respective Permittees, in common with all others entitled to use the same, a nonexclusive
easement upon those portions of a Burdened Lot (see second column below) that are improved
with parking areas from time to time (the "Common Parking Area") for the passage and parking
of vehicles and for the passage and accommodation of pedestrians.
Benefited Lot Burdened Lot
Lots 3-8 and 12-18 Lots I, 2, 9, 10, 19 and 20
Declarant shall have the right to: (i) eject or cause the ejection from the Common Parking
Area any person not authorized to use such Common Parking Area; (ii) designate exclusive
parking rights within the Common Parking Area for the benefit of certain Permittees; (iii) establish
and enforce reasonable rules and regulations covering the use of the Common Parking Area; (iv)
-2-
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utilize the Common Area Parking for other activities provided the same do not materially reduce
or prohibit access to and from a Benefitted Lot or reduce the number of available parking spaces
such that a Benefitted Lot no longer satisfies all applicable governmental parking requirements;
and (v) prescribe certain sections within the Common Parking Area, or on other land outside the
Common Parking Area within a reasonable distance from the nearest boundary of the Property,
for use as parking by the employees of the Occupants of a Benefitted Lot. Each owner of a
Benefitted Lot shall require such employees to use only such sections as are so prescribed for
employee parking. Developer may permit the construction of new buildings, and/or the
reconfiguration of the parking stalls and drive aisles, within the Common Parking Area provided
that doing so docs not cause a Renefitted Lot to no longer satisfy all applicable governmental
parking requirements. In the case of the construction of new buildings, the area upon which they
are located shall cease being subject to the parking easement granted under this Section 2 and shall
no longer be considered Common Parking Area.
3. Access Easement Declarant hereby reserves to itself and grants to each successor
owner of a Benefited Lot (see first column below), for its and their respective use and for the use
of its and their respective Permittees. in common with all others entitled to use the same, a
nonexclusive easement upon those portions of a Burdened Lot (see second column below) that are
improved with driveways from time to time (the "Access Drives") for pedestrian and vehicular
ingress and egress to and From the Benefited Lot and the public streets adjacent to the Burdened
Lot.
Benefited Lot Burdened Lot
Lots 1-22 and Tax Lot 2305 Lots I, 2.9. 10. 19 and 20
Subject to compliance with applicable governmental requirements. Declarant shall have the right,
from time to time, to relocate any of the Access Drives provided that: (i) such relocation shall be
performed without expense to any other Lot owners and only after thirty (30) days' written notice
thereof has been given to such owners; (ii) during such relocation work. Declarant provides
reasonable substitute ingress and egress to and from each Benefited Lotaffected by such relocation
and the public streets adjacent to the Burdened Lot; and (iii) the relocated Access Drives shall
provide reasonable ingress and egress to and from each such Benefited Lot and the public streets
adjacent to the Burdened Lot.
Access to Beverly Street over that potion of the Property identified as "RFA Access
Easement" on Exhibit "B" attached hereto is provided to the Lots pursuant to that certain
Construction, Operation and Reciprocal Easement Agreement dated March 13, 1990, recorded on
March 13, 1990, as Reception No. 90-11883 in the Official Records of Lane County, Oregon, as
amended.
4. Utilities Easements and Mall Lot Easements.
4.1. Utilities Easements. Declarant hereby reserves to itself and grants to each successor
owner of a Lot, for its and their respective use and for the use of its and their respective Permittees,
nonexclusive casements for the use, maintenance, repair and replacement of sanitary sewers, storm
drains, water and gas mains, electrical power lines, cable television, telephone lines and other
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utility lines serving the respective Lots as of the date hereof (collectively, `Utility Facilities") in
their respective locations existing as of the date hereof. All of such Utility Facilities shall be
underground unless (i) the same are aboveground as of the date hereof or (ii) otherwise approved
in writing by Declarant, exercised in its sole and absolute discretion. The foregoing utility
casements only apply to Utility Facilities existing as of the date hereof. If an owner desires to
install new Utility Facilities over another owner's Lot, then such owner must obtain a separate
easement From the other owner, and in no event may such casement be located under any building
located on the other owner's Lot
The Grantee of any of the foregoing utility easements shall he responsible as between the
Grantor and the Grantee thereof for the maintenance, repair and replacement of all Utility Facilities
benefiting the Grantee's Lot. Prior to the commencement of any such maintenance, repair or
replacement, the Grantee must obtain the Grantor's approval of the following, which approval
shall not be unreasonably withheld or delayed: (i) a schedule identifying the commencement and
completion dates and the hours that the work will be performed; (it) the plans for the work; (iii)
the identity of the Person performing the work; (ie) a certificate of liability insurance from the
Person performing the work satisfying the minimum limit of liability insurance required of the
Grantee under the Sub -Declaration (or such lower amount as the Grantor may approve) naming
the Grantor as an additional insured: and (v) such other items or information as the Grantor may
reasonably request. The foregoing items and information must be delivered to the Grantor at least
thirty(30) days prior to the scheduled commencement ofthe work. Notwithstanding the foregoing,
(A) in the event of an emergency that necessitates immediate action, the Grantee may commence
the work without first submitting the items and information set forth in clauses (i) through (v)
above and obtaining Grantor's consent, but Grantee must submit such items and information to
Grantor as soon thereafter as possible and the Person performing the work must be a licensed
contractor and (6) if the workwill be performed by the utility company then (1) Grantor's approval
under clause (iii) above will not be required and (2) the items and information under clauses (ii),
(iv) and (v) above will not be required if the terms of the casement agreement with the utility
company do not allow the Grantee to obtain the same from the utility company. All such work
shall be performed in accordance with the approved plans (except in the case where approved plans
are not required, as provided above), without cost or expense to the Grantor and in such manner
as to cause as little disturbance in the use of the Servient Estate as may be practicable under the
circumstances. Upon the completion of such work, the Grantee shall restore the portion of the
Servient Estate affected by such work to the same condition as it was before the commencement
of the work and in accordance with the approved plans (except in the case where approved plans
are not required, as provided above).
The Grantor of any o f the foregoing utility easements shall have the right from time to time
to relocate any Utility Facilities on its Lot provided that such relocation shall be performed only
after thirty (30) days' written notice thereof has been given to the Grantee. and such relocation:
(i) shall not interfere with or diminish the utility services to the Grantee; (ii) shall not reduce or
unreasonably impair the usefulness or function of such Utility Facility; (iii) shalt be performed
without cost or expense to Grantee and (iv) shall not be located within public easements except for
perpendicular crossings or as otherwise approved by the City of Springfield.
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4.2. Mall Lot Easements.
(a) Mall Utilities. Declarant reserves for itself and grants to each successor
owner of a Mall Lot, for its and their respective use and for the use of its and their respective
Permitees, a non-exclusive easement through each Mall Lot for (i) the utility, wiring, heat,
plumbing and other service elements serving the respective Mall Lots as of the date hereof
(collectively, the "Mall Utilities") in their respective locations existing as of the date hereof, and
(ii) reasonable access required to effectuate and continue the proper operation o f the improvements
served by the Mall Utilities. The foregoing utility easement only applies to Mall Utilities existing
as of the date hereof. If an owner of a Mall Lot desires to install new utilities within another
owner's Mall Lot, then such owner must obtain a separate easement from the other owner. the
provisions of the second and third paragraphs of Section 4.1 pertaining to the Utility Facilities
shall apply to the Mall Utilities: provided, however, to the extent any Mall Utilities (or any portion
thereof) are used in common by two or more Mall Lots, Declarant shall, at Declarant's cost, be
responsible loathe maintenance, repair and replacement of those Mall Utilities (or portion thereof)
that are used in common. Any Mall Utilities (or any portion thereof) that are not used in common
shall be maintained, repaired and replaced by the owner of the Mall Lot that uses such Mall
Utilities (or portion thereof) at such owner's cost.
(b) Encroachment. Declarant reserves for itself and grants to each successor
owner of a Mall Lot, for its and their respective use and for the use of its and their respective
Permittees, a non-exclusive easement upon each Mall Lot and Mall Adjacent Lot for the purpose
of accommodating any present or future encroachment as a result of engineering errors,
construction, reconstruction, repairs, settlement, shifting, or movement of any portion of the Mall
Lots or the existing improvements thereon as of the date hereof, or any other similar cause, and
any encroachment due to building overhang or projection existing as of the date hereof, together
with reasonable access required to maintain and repair the encroachment Architectural and/or
building features are known to, or believed to, encroach from certain Mall Lots onto certain Mall
Adjacent Lots as depicted on Exhibit "C" attached hereto. The Grantee of the foregoing
encroachment easement (a) shall not, in the exercise of such easement, damage the improvements
on the Grantor's Lot or interfere with the business operation conducted thereon and (b) shall ensure
that the encroachment complies with all applicable laws of the City of Springfield (including but
not limited to applicable building and fire code setbacks). The encroachment easement (i) does
not apply to any improvement constructed after the date hereof other than a replacement of an
improvement existing as of the dale hereof, provided such replacement is in the same location as
the previous improvement and (ii) shall terminate as to a Mall Lot when the existing improvement
on such Mall Lot no longer exists, unless such improvement is replaced by a new improvement in
the same location within one year.
4.3 Lots 1446 Encroachments. Architectural and/or building features are known to, or
believed to, encroach from Lots 14-16 onto Lot 10 as depicted on Exhibit "C" attached hereto
("Lot 14-16 Encroachments'). Declarant reserves for itself and grants to each successor owner of
Lots 14-16, for its and their respective use and for the use of its and their respective Permittees, a
non-exclusive easement upon Lot 10 for the purpose of accommodating the Lots 14-16
Encroachments.
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5. Stormwater Drainage and Qua[ ib. Declarant reserves for itself and grants to each
successor owner of a Lot a nonexclusive easement for (i) surface drainage over the drainage
patterns and systems established for the Property and (ii) stormwater drainage into the Stormwater
quality facilities serving the Property (the "Stormwater Facilities"). No owner of a Lot shall
interfere with the established drainage pattern over its Lot front adjoining or other Lots unless such
owner makes adequate provisions for proper drainage approved in writing by Declarant. The
"established drainage pattern" is the drainage pattern existing as of the date hereof. Declarant shall
be responsible for the maintenance of the Stormwater Facilities.
6. Dominant and Servient Estates. Each easement granted pursuant to the provisions
hereof is expressly for the benefit of the Lot of the Grantee, and the Lot so benefited shal I be the
dominant estate (the "Dominant Estate") and the Lot upon which such casement is located shall
be the servient estate (the "Servient Estate'), but where only a portion thereof is bound and
burdened, or benefited by a particular easement, only that portion so hound and burdened, or
benefited, as the case may be, shall be deemed to be the Servient Estate or Dominant Estate, as the
ease may be. Any casement granted pursuant to this Declaration may be abandoned or terminated
by execution of an agreement so abandoning or terminating the same, by the owners of the
Dominant Estate and Servient Estate.
7. Prohibition Against Gramme Easements. No owner shall hereafter grant an
easement or easements of the type set forth in this Declaration for the benefit of any property not
within the Property without the prior written approval of Declarant, exercised in Deelarant's sole
and absolute discretion.
8. Notices. Any notice, demand, communication, certification, approval, consent,
invoice and/or request (individually referred to as "notice"), required or allowed hereunder to be
given to or by an owner shall be made in writing and shall be delivered by a nationally recognized
overnight courier service or express mail service (such as, but not limited to, Federal Express).
Notice shall be deemed given when actually received or refused by the party to whom the notice
was sent, as evidenced by the delivery service's records.
Notice to Declarant shall be delivered to the following address or such other address(es) as
Declarant shall designate by notice properly delivered in accordance with this Section 8:
BREI Gateway, LLC
c/o Balboa Retail Advisors. LLC
1 161 1 San Vicente Boulevard, Suite 900
Los Angeles, CA 90049
Attention: Asset Manager
Notice to any owner other than Declarant shall be delivered to the address most recently
given by such owner to Declarant any other owner in accordance with this Section 8 or, if no such
address shall have been given, then to the street address of such owner's Lot.
Term. The term of this Declaration and the easements established hereunder shall
be perpetual.
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10. Amendment. This Declaration may be amended only by a document executed and
acknowledged by each owner and recorded in the Official Records of Lane County, Oregon;
provided, however, (a) Declarant may, by a document executed and acknowledged only by
Declarant and recorded in the Official Records of Lane County, Oregon (i) amend Section I(b) to
reflect a di f erent Lot owner to be the Declarant hereunder or (ii) replace Exhibits "A" and `B" to
reflect any subdivisions of, or lot line adjustments or other changes to, the Lots and (b) Section 4.2
may be amended by a document executed and acknowledged by each owner of the Mall Lots and
recorded in the Official Records of Lane County, Oregon.
11. Severability. Ifany one or more of the provisions of this Declaration are held by a
court of competent jurisdiction to be invalid, illegal or unenforceable in any respect, the validity,
legality and enforceability of the remaining provisions of this Declaration shall not be affected or
impaired in any way.
12. Attorneys' Fees. If any owner brings any action or proceeding against another
owner for the adjudication of any rights tinder this Declaration, the prevailing owner shall be
entitled to recover from the other owner all costs and expenses, including reasonable attorneys'
fees, incurred by the prevailing owner as determined by the court.
13. Covenants Running with the Land. Phis Declaration shall bind and inure to the
benefit of Declarant and each successive owner of the Property, or any portion thereof; provided,
however, each owner ofaportion of the Property. including Declarant, shall only be bound by the
terms of this Declaration during such owner's period of ownership.
14. Governing Law. This Declaration shall be governed by and interpreted in
accordance with Oregon law.
IS. Nonmeraer. Although, at the time of the execution and recordation of this
Declaration, Declarant is the fee owner of both the Dominant Estate and the Servient Estate, it is
the express intent of this Declaration that the Doctrine of Merger shal I trot apply as to the casements
established hereunder. The easements established hereunder shall continue unless such easement
are specifically terminated by a mutually executed and recorded agreement of the owners of the
Dominant Estate and Servient Estate. This nonmerger provision is perpetual, shall run with the
land, and shall be binding upon and inure to the benefit ofthe respective successors and assigns of
the Servient Estate and the Dominant Estate and all parties and persons claiming under them.
IN WITNESS WHEREOF, Declarant has executed this Declaration as of the date fust
above written.
BRFI Gateway, LLC,
a Delaware limited liability company
Nie:
Tide: A1;
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A Notary Public or other officer completing this certificate verities only the identity of the
individual who signed the document to which this certificate is attached, and not the truthfulness,
accuracy, or validity of that document.
State of California
County of Los Angeles
OnJhyh2 Ili ZOZ'2 ,beforeme, Ntce� 1. shat l -o o✓r ,
(n.e I name"nd ort nr ml 1111.111)Notary Public, personally appeared Terr e-ri h Cuaba.r`e K� ,
who proved to me on the basis of satisfactory evidence to be the person(,) whose name(s) is/arc
subscribed to the within instrument and acknowledged to me that he/she/they executed the same
in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the
person(s), or the entity upon behalf of which the persons) acted, executed the instrument.
1 certify under PENALTY OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.
w�!inr�ei c� �ne.a
WITNESS my hand and official seal
Cammna�n 9 1395260
Yr 4T* 6p'w len ir. x011
Signatureu-LCJ-'e<e L�A (Seal)
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EXHIBIT "A"
LEGAL DESCRIPTION OF PROPERTY
EXHIBI I"A"
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t�aBranch
ENGINEERING=
ttinrei9n
Nlay 20, 2022
EXHIBIT A
DECLARATION OF EASEMENTS
SHOPPES AT GATEWAY
Branch Engineering Inc. Project No. 21-035
Situated in the City of Springfield, Lane County, State of Oregon in the Southeast Y of
Section 21 and Southwest % of Section 22, Township 17 South, Range 3 West of the
Willamette Meridian, described more particularly as follows:
Tax Lot 2305
All those lands conveyed as Parcel 1V of that Special Warranty Deed recorded on August
1, 2017 as Reception Number 2017-037745 in the Lane County Oregon Official Records
Lots 1-22
Lots 1-22 of The Shoppes at Gateway as platted and recorded in the Lane County Oregon
Plat Records.
REGISTERED
PROFESSIONAL
LAND SURVEYOR
DIGITALLY SIGNED
OREGON
NOVEMBER 30, 2007
RENEE CLOUGH
69162LS
EUGENE -SPRINGFIELD ALBANY
310 51^ Street, Springfield, OR 97477 1 p 541.746.0637 I N't'✓ . branch e ng in ee ring. corn
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EXIIIBIT "B"
SITE ELAN
EXT [[BIT "
48348649 06093
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EXHIBIT "C'
LXHIBI I C'
4831-8699-06095
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EXHIBIT C
DECLARATION OF EASEMENT
ENCROACHMENTS
Branch
ENGINEERING-
Since 1977 LEGEND
310 5th Street LOT LINE
Springfield, OR 97477
p: 541.746.0637 i1i?'Sxli?'L?i BUILDING
www.BranchEngineering.com .��.� ARCHITECTURAL AND/OR BUILDING
FEATURES ARE KNOWN TO, OR
BELIEVED TO, ENCROACH HERE
J
150 3
0
LOT 9
\' EO
LOT 2 LOT 20
I LOT 8 '
ry
0
'
LOT 7 LOT 6
�LOT 19
LOT I8
LOT 1
LOT 16 a
LOT 5 '
h
LOT 10 /
_
@p! ; LOT 15
LOT 4 pr` �� LOT 14
1 y
LOT 3 o
LOT 11
TL 2307
NOT A PART
TL 2305
PROJECT No. 21-035
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ACKNOWLEDGMENT
LAnatary public or other officer completing this
ficate verifies only the identity of the individuasigned the document to which this certificateished, and not the truthfulness, accuracy, or
ity of that document.
State of California
County of t_OS )
On'1Une 20 Zo zz before me, Ktg. ka tt5hei Lo , UrfFa— ild r
(insert name and title o the office )
personally appeared jU r-<c�k 't'r U6l�-vr ^titLv
who proved to me on the basis of satisfactory evidence to be he person(s) whose name(s) is/are
subscribed to the within instrument and acknowledged to me that he/she/they executed the same in
his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the
person(&), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct.
WITNESS my hand and official seal.
NF11»11 ro.,myry
'
Signature t94s-�Q.�
(Seal)
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