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Prepared By and After
Recording, Return To:
Gerald Pinzino - R/EI.-Legal
McDONALD'S CORPORATION
One McDonald's plaza
Oak Brook, Illinoi~ 60521
6D78AGa! OB/19/87C.~SC
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RESTRICTIVE COVENANT
(Corporation or partnership)
Under a contract dated the 23rd day of JUne, 19&6, Sycan B.
corporation ("Grantor") agreed to convey to McDONALD'S
CORPORATION, a Delaware corporation ("Grantee"l a parcel of real
estate described on Exhibit A attached.
One of the terms of that contract required the Grantor to
record a Restrictive Covenant affecting the use of Grantot" s
other property.
THEREfORE,- in consideration. of the terms and conditions
contained in that contract, Grantor promises and delcares tha~
the property described on Exhibit B, attached, will not be used -
for Restaurant purposes lor a period of 20 years from thE- date of'
the recording of this document.
The terms "restaurant" AS used in the Contract shall mean a
food service establishreent of any type deriving 25% or more of
its gross annual sales from the sale of hAmburgers, ground beef
products: roast be9:f productS and french fries, i,~cluding but not.
li.itPd to Burger King, wendy's. 3ack-in-the-Box (Monterey
jack's), Dairy Queen, Rax Roast Beef, Arby's, Bob's Hamburgers,
aurgerville O.S.A. and Arctic Circle. Mexican food restauraqts
such as TACO Bell, yaco John's and T~co Time are not included
within the term "re's.taurants" as used herein And shall be a
permitted use with the boundaLies .of the property set forth on
Exhibi t B.
The right to enforce the benefits of this restrictive
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ncDonald's Corporation, or its successor in interest, and shall
be against the owner or user of any parcel, tbe subject of the
restrictive covenant, which use is deemed to be, by the
benefitted property owner, in v~uldLion of the restricti7::'
covenant, but no cause of action shall lie against Durward L.
Boyles, or Sycan B Corp., for any alleged violation of tbe
r~ol~l~~ivc cv~~;;~..~ =0 1::,::; ~e ~~~~=r1 ~, ~OY'R~: or Sycan B
corporation is not then in title, or using the restrictive
~rcell provided. further there shall be no liability against
Durw~rd T.. Boyles or Sycan a Corp. if either of them hole title
pursuant to a contract"for the sale of the restricted parcel, a
Page 1 - RESTRICTIVE COVENANT
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deed of trust or otherwise for collateral purposes only.
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This restrictiop runs with th7 land described in ~xh~bits A
B and shall inur~ to the benef~t of and shall be blnd1ng upon
Grantee and Grantor, their grantees, assigns and succeS6ors.
.nd
the
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Grantor has executed thls Restrictive Covenant, this
of August , 19~7
Hth
day
WITNESSES:
GRZ' SYCAN B CORP.
B~ ,,~/,,7d3!,~/?w-,
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Attest:
Secretary
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ACKNOWLEDGEMENT CERTIFICATE
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instrument was acknOWledged before me on
, 1937 , by OURWY)D L. BQ'!LES , ~
and --- Secretary
on behlllf of the
1l-S-88
My Commission Expires:
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EXHIBIT "A" TO RESTRICTIVE COVENANT
SYCAN B CORPORATION, GRANTOR
MCDONALD'S CORPORATION, GRANTEE
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Lot 3, Sycan Commercial Park, es platted and recorded in
File 73, slide 61~, Lane County Oregon Plat Records, in Lane
County, Oregon.
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f::XJ./IBIT ~n" TO I~ESTI~JCTJVE COVEN/IN.,.
(JNDIYJJ1UALJ l)URWAIW L HOYLS')" (GRr\NTORI
McDONALD'S CORPORATION /GRANTEE)
Beginning :I: Ill\! inili&ll puinl, said pOint being Nonh 89055'53" EOSt 215.00 fect
from a point on the eosterly right of way of G<ltc.....ny Street, said point being ",
South 00.04'07" E<1st 894.44 reet and Nonl} 89"55'53" East 495.70 ft.'et 'from the
Northwest corner of the WM. Stevens D.l.e. No. 46 Township 17 South. Range
3 West, of the WilIamette Meridian; Thence North 00'04'07" West 279.76 (eel
10 Q point on the south mMgin of BeJ!linc Road, said Wiut being 60 feet (rom,
when measured 31 right angles to, the ce/}{erlfne of said rO<ld; Thence along
said margin North 89.55'53" East 326.00 feet;
Thence South 00.04'07" East 459.76 feet; Thence North 89.55'5J" East
2BI.'13 feet to D. poim on the westerly right of way line of a vacated railroad;
Thence along said right of way line South 42"07'<15" East 562.86 feet; Thence ,
leavIng said right of way line SoUth 89"45'28" West 1199.50 feet 10 a point on
the Cast margin or Gateway Street, said point being -40 feet from, when measured
ill right angles to {he centerline o( said street; Thence a/urlg said margin North
00.04'07" \Yesl 601.52 feet; Thence leaving said margin North B9.5S'5J" East
215.00 feet to the IniUal point, all in Lone County, Oregon.
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