HomeMy WebLinkAboutContract 53984 CSC No.53984
Jun 8,2020
12:18 P M
EASEMENT ENCROACHMENT LICENSE AGREEMENT
Commercial
THIS AGREEMENT is made and entered into by and between THE CITY OF
FORT WORTH, a home rule municipal corporation of Tarrant County, Texas ("City"),
acting by and through its duly authorized City Manager, Assistant City Manager, or
Planning and Development Director, and Clearfork Tradition, LP, a Texas Limited
Partnership ("Licensee"), owner of the real property located at 5755 Clearfork Main
Street, Fort Worth, Texas 76109("Property"), acting by and through its duly authorized
Manager.
RECITALS
WHEREAS, Licensee is the owner of certain real property situated in the City of
Fort Worth, Tarrant County, Texas, more particularly described in the attached Legal
Description of the Property, attached as "Exhibit C" and incorporated herein for all
purposes;and
WHEREAS, the City has a drainage easement(the"Easement") in the Property
as shown on the map attached to this Agreement as "Exhibit A," which is incorporated
herein for all purposes; and
WHEREAS, Licensee desires to construct, place, and/or maintain certain
improvements which will encroach in, on,above,or below the City's Easement; and
WHEREAS, to accommodate the needs of the Licensee, the City will allow the
encroachment under the terms and conditions as set forth in this Agreement.
NOW,THEREFORE,the City and Licensee agree as follows:
AGREEMENT
1.
The City, in consideration of the payment by the Licensee of the fee set out below
and covenants and agreements hereinafter contained to be kept and performed by
Licensee, hereby grants permission to Licensee to encroach in, on, above, or below and
occupy a portion of the City's Easement as described in and at the location shown on
Exhibit A, but only to the extent shown thereon, for the purpose of 2,462 square feet of
bridge crossing drainage easement (the "Encroachment"). Upon completion of the
Encroachment, Licensee agrees to be responsible for maintaining the Encroachment
within the Easement. Licensee shall not expand or otherwise cause the Encroachment to
further infringe in or on City's Easement beyond what is specifically described in the
exhibit(s)attached hereto.
OFFICIAL RECORD
CITY SECRETARY
Easement Encroachment Agreement-Commercial 'jX
FT. � �
2.
All construction, maintenance, or operation in connection with such
Encroachment, use, and occupancy shall comply and be performed in strict compliance
with this Agreement and with the Charter, Ordinances, and Codes of the City, and in
accordance with the directions of the Director of the Transportation and Public Works
Department or the Director of the Water Department, or their duly authorized
representative. Prior to the construction of the Encroachment, Licensee shall submit all
plans and specifications to the applicable Director or duly authorized representative.
Licensee shall not commence construction of the Encroachment until such approval shall
be indicated in writing by the applicable Director or authorized representative. However,
such approval shall not relieve Licensee of responsibility and liability for concept, design,
and computation in the preparation of such plans and specifications.
3.
Licensee, at no expense to the City, shall make proper provisions for the
relocation and installation of any existing or future utilities affected by such
Encroachment, use, and occupancy, including securing the approval and consent of the
appropriate utility companies and agencies of the State and its political subdivisions. In
the event that any installation, reinstallation,relocation, or repair of any existing or future
utility or improvements owned by or constructed by or on behalf of the public or at public
expense is made more costly by virtue of the construction, maintenance, or existence of
the Encroachment and use, Licensee shall pay to the City an additional amount equal to
such additional cost as reasonably determined by the Director of Transportation and
Public Works or the Director of the Water Department, or their duly authorized
representative.
4.
Licensee agrees that the City may enter and utilize the referenced areas at any
time for the purpose of installing, repairing, replacing, or maintaining improvements to
its public facilities or utilities necessary for the health, safety, and welfare of the public,
or for any other public purpose. The City shall bear no responsibility or liability for any
damage or disruption or other adverse consequences resulting from the Encroachment
installed by Licensee, but the City will make reasonable efforts to minimize such
damage.
5.
Upon termination of this Agreement, Licensee shall,at the option of and at no
expense to the City,remove the Encroachment and restore the Easement to a condition
acceptable to the Director of Transportation and Public Works or the Director of the
Water Department, or their duly authorized representative, in accordance with then-
existing City specifications. It is understood and agreed to by Licensee that if this
Easement Encroachment Agreement-Commercial Page 2 of 12
Revised 12/2018
Agreement terminates and Licensee fails to remove the Encroachment as directed and
restore the Easement, Licensee hereby gives the City permission to remove the
Encroachment and any supporting structures and assess a lien on the Property for the
costs expended by the City in taking such actions.
6.
In order to defray all costs of inspection and supervision which the City has
incurred or will incur as a result of the construction, maintenance, inspection, or
management of the encroachments and uses provided for by this Agreement, Licensee
agrees to pay to City at the time this Agreement is requested an application fee of in the
sum of Five Hundred Dollars ($500.00).
7.
The term of this Agreement shall be for thirty (30) years, commencing on the
date this Agreement is executed by the City. However, this Agreement may be
terminated upon Licensee's noncompliance with any of the terms of this Agreement.
City shall notify Licensee in writing of any noncompliance and if not cured within thirty
(30) days, this Agreement shall be deemed terminated, unless such noncompliance is not
susceptible to cure within thirty (30) days, in which case this Agreement shall be deemed
terminated in the event that Licensee fails to commence and take such reasonable steps as
are necessary to remedy the noncompliance within thirty (30) days after written notice
specifying the same, or having so commenced, thereafter fails to proceed diligently and
with continuity to remedy same.
8.
It is further understood and agreed between the parties hereto that the Easement to
be used and encroached upon is held by City as trustee for the public; that City exercises
such powers over the Easement as have been delegated to it by the Constitution of the
State of Texas or by the Texas Legislature; and that City cannot contract away its duty
and its legislative power to control the Easement for the use and benefit of the public. It
is accordingly agreed that if the governing body of City may at any time during the term
hereof determine in its sole discretion to use or cause or permit the Easement to be used
for any other public purpose that does not preclude the use of the Encroachment on the
Property, including but not being limited to underground, surface, or overhead
communication, drainage, sanitary sewerage, transmission of natural gas or electricity, or
any other public purpose, whether presently contemplated or not, that the parties agree to
negotiate in good faith in order to accommodate the Encroachment and the public
purpose.
9.
LICENSEE COVENANTS AND AGREES TO INDEMNIFY, AND DOES
HEREBY INDEMNIFY, HOLD HARMLESS, AND DEFEND CITY, ITS
Easement Encroachment Agreement-Commercial Page 3 of 12
Revised 1212018
OFFICERS, AGENTS, SERVANTS, EMPLOYEES, AND ELECTED OFFICIALS
FROM AND AGAINST ANY AND ALL CLAIMS OR SUITS FOR PROPERTY
DAMAGE OR LOSS AND/OR PERSONAL INJURY, INCLUDING DEATH, TO
ANY AND ALL PERSONS, OF WHATSOEVER KIND OR CHARACTER,
WHETHER REAL OR ASSERTED, ARISING OUT OF OR IN CONNECTION
WITH, DIRECTLY OR INDIRECTLY, THE CONSTRUCTION,
MAINTENANCE, OCCUPANCY, USE, EXISTENCE, OR LOCATION OF THE
ENCROACHMENT AND USES GRANTED HEREUNDER, WHETHER OR NOT
CAUSED, IN WHOLE OR IN PART, BY THE NEGLIGENCE OF OFFICERS,
AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS,
LICENSEES, ELECTED OFFICIALS, OR INVITEES OF THE CITY; AND
LICENSEE HEREBY ASSUMES ALL LIABILITY AND RESPONSIBILITY FOR
SUCH CLAIMS OR SUITS. LICENSEE SHALL LIKEWISE ASSUME ALL
LIABILITY AND RESPONSIBILITY AND SHALL INDEMNIFY CITY FOR
ANY AND ALL INJURY OR DAMAGE TO CITY PROPERTY ARISING OUT
OF OR IN CONNECTION WITH THE ENCROACHMENTS AND ANY AND
ALL ACTS OR OMISSIONS OF LICENSEE, ITS OFFICERS, AGENTS,
SERVANTS, EMPLOYEES, CONTRACTORS, SUBCONTRACTORS,
LICENSEES, OR INVITEES.
10.
While this Agreement is in effect, Licensee agrees to furnish City with a
Certificate of Insurance naming City as certificate holder as proof that it has secured and
paid for a policy of public liability insurance covering all public risks related to the
proposed use and occupancy of public property as located and described in Exhibit A.
The amounts of such insurance shall be not less than
$1,000,000
with the understanding and agreement by Licensee that such insurance amounts may be
revised upward at City's option and that Licensee shall so revise such amounts
immediately following notice to Licensee of such requirement. Such insurance policy
shall not be canceled or amended without at least thirty (30) days prior written notice to
the Building Official of the City. A copy of such Certificate of Insurance is attached as
"Exhibit B" and incorporated herein for all purposes. Licensee agrees to submit a
similar Certificate of Insurance annually to the City on the anniversary date of the
execution of this Agreement.
Licensee agrees, binds, and obligates itself and its successors and assigns to
maintain and keep in force such public liability insurance at all times during the term of
this Agreement and until the removal of the Encroachment and the cleaning and
restoration of the Easement. All insurance coverage required herein shall include
coverage of all Licensee's contractors and subcontractors.
11.
Easement Encroachment Agreement-Commercial Page 4 of 12
Revised 12/2018
Licensee agrees to deposit with the City when this Agreement is executed a
sufficient sum of money to be used to pay necessary fees to record this Agreement in the
real property records of Tarrant County, Texas. After being recorded, the original shall
be returned to the City Secretary of the City of Fort Worth.
12.
Licensee agrees to comply fully with all applicable federal, state, and local laws,
statutes, ordinances, codes, and regulations in connection with the construction,
operation, and maintenance of the Encroachment and uses.
13.
Licensee agrees to pay promptly when due all fees,taxes,or rentals provided for
by this Agreement or by any federal, state,or local statute, law, or regulation.
14.
Licensee covenants and agrees that it shall operate hereunder as an independent
contractor as to all rights and privileges granted hereunder and not as an officer, agent,
servant, or employee of City, and Licensee shall have exclusive control of and the
exclusive right to control the details of its operations, and all persons performing same,
and shall be solely responsible for the acts and omissions of its officers, agents, servants,
employees, contractors, subcontractors, licensees, and invitees. The doctrine of
respondeat superior shall not apply as between City and Licensee, its officers, agents,
servants, employees, contractors, and subcontractors, and nothing herein shall be
construed as creating a partnership or joint enterprise between City and Licensee.
15.
Licensee agrees and acknowledges that this Agreement is solely for the purpose
of permitting Licensee to construct,maintain,and locate the Encroachment over or within
the Easement and is not a conveyance of any right, title, or interest in or to the Easement,
nor is it meant to convey any right to use or occupy property in which a third-party may
have an interest. Licensee agrees that it will obtain all necessary permissions before
occupying such property.
16.
In any action brought by the City for the enforcement of the obligations of the
Licensee,the City shall be entitled to recover interest and reasonable attorneys' fees.
17.
Easement Encroachment Agreement-Commercial Page 5 of 12
Revised 12/2018
The parties agree that the duties and obligations contained in Section 5 shall
survive the termination of this Agreement.
18.
Licensee covenants and agrees that it will not assign all or any of its rights,
privileges, or duties under this Agreement without the written approval of the City, and
any attempted assignment without such written approval shall be void. In the event
Licensee conveys the Property,Licensee may assign all of its rights and obligations under
this Agreement to the new owner of the Property, and Licensee shall be deemed released
from its duties and obligations hereunder upon City's approval in writing of such
assignment, which approval shall not be unreasonably conditioned or withheld.
Foreclosure by a secured lender of Licensee or assignment to a secured lender by
Licensee in the event of default or otherwise shall not require City approval provided that
said lender notifies City in writing within sixty (60) days of such foreclosure or
assignment and assumes all of Licensee's rights and obligations hereunder. However, no
change of ownership due to foreclosure or assignment to any secured lender of Licensee
shall be effective as to City unless and until written notice of such foreclosure or
assignment is provided to City.
19.
Any cause of action for breach of this Agreement shall be brought in Tarrant
County, Texas. This Agreement shall be governed by the laws of the State of Texas.
20.
This Agreement shall be binding upon the parties hereto and their successors and
assigns.
21.
This Agreement may be executed in multiple counterparts,each of which shall be
considered an original, but all of which shall constitute one instrument.
[SIGNATURES APPEAR ON FOLLOWING PAGE]
City: Licensee:
CITY OF FORT WORTH Clearfork Tradition,LP
Easement Encroachment Agreement-Commercial Page 6 of 12
Revised 12/2018
By: DJ Ha (Jun 3,2020 08:07 C0r1 By: _ _
61
�S �Et Cr Director Name:Title: !r/r�' �r.�tari
b�O...t,.�G Sewvctelli( +'. X !jpl..l-cj �t.�+ter
Date: Jun 3,2020 Date: 20�»
By:
Name:
Title:
Date:
ATTEST: U` tides :-C f' Approved As To Form and Legality
1
.+ Malt Murrav
Matt Murray(Jun 3,2020 07:59 CDT)
City Secretary Matthew A. Murray f:Wj3C Set„3 Y.10
Assistant City Attorney
Contract Compliance Manager:
By signing I acknowledge that I am the person
responsible for the monitoring and administration
of this contr ct, i ding ensuring all performance
and r orting requirements.
Janie S. Morales
Development Manager
OFFICIAL RECORD
CITY SECRETARY
FT. WORTH,TX
Easement Encroachment Agreement-Commercial
Revised 12/2018
f fFa I 11111119111f
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, a Notary Public in and for the State of
Texas, on this day personally appeared W jk**RacLL known to me to be the person
whose name is subscribed to the foregoing instrument, and acknowledged to me that he
executed the same for the purposes and consideration therein expressed, as the act and
deed of the City of Fort Worth, and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this 3 day of
.tune 420 20
LAURIE Digitally signed by LAURIE
PEOUENO LEWIS p,RY PVe� LAURIE PEQUENO LEWIS
PEQUENO LEWIS Data:2020.06.0317:52:45-05'00' Notary
* # STATE OF TEXAS
Notary Public in and for the State of Texas P Notary LID. 132278952
9�OF My Comm.Exp.Dec. 10,2023
After recording return to:
Planning& Development
Development Coordination Office
200 Texas Street
Fort Worth,Texas 76102
OFFICIAL RECORD
CITY SECRETARY
Easement Encroachment Agreement-Commercial FT.dQQik1,TX
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, a Notary Public in and for the State of
rel at , on this day personally appeared Holt Perlman, Manager (Title) known to
me to be the person whose namc is subscribed to the foregoing instrument, and
acknowledged to me that he or she executed the same for the purposes and consideration
therein expressed, as the act and deed of Clearfork Tradition, LP, a Texas Limited
Partnership(entity type),and in the capacity therein stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this 7 day of r;
20?.v .
Notary Public in and for the �;t�e LISA
� C.GROS
State of±� a :�+%Notary Public,State of Texas
,`� +`d Comm.Expires 08-01-2023
'�iprofi% Notary ID 128728883
OFFICIAL RECORD
CITY SECRETARY
FT +"00 ,TX
Easement Encroachment Agreement-Commercial Page 9 of 12
Revised 1212018
EXHIBIT A
Map of Easement and Encroachment
Easement Encroachment Agreement-Commercial Page 10 of 12
Revised 12/2018
CURVE TABLE
NO. DELTA RADIUS LENGTH BEARING DISTANCE
C1 58° 17'48'' 18.50' 18.82' S 340 25'02'' W 18.02' 1�Y
A 1�l
°
0 40 80
o -
�Qdc�� -" GRAPHIC SCALE IN FEET
'INTEGRAL PARTS OF THIS DOCUMENT"
-" 1. DESCRIPTION
2. EXHIBIT
BASIS OF BEARING IS THE TEXAS
COOEDINAT NAD 83 NORTH CENTRAL
- Ge G IRF • IRON ROD FOUND
--- Semi 562
ep05 6'ZG�� 3 Nb \
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lnst.* D220015942 IRF \ \ N \`
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S26a �.�� \ lnst.* D213004083 \ 0 \
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Todd A. Bridges, RPLS 4940
Date: 4/21/2020
EXHIBIT OF AN
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Encroachment Tract
SITUATED IN THE L.J. EDWARDS SURVEY, ABSTRACT NUMBER 464,
ICE LOTON
I ICITY OF FORT WORTH, TARRANT COUNTY, TEXAS.
ILAND SO LUTIONS 77
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DESCRIPTION OF AN
ENCROACHMENT TRACT
BEING a tract of land situated in the L.J.Edwards Survey,Abstract Number 464, City of Fort
Worth,Tarrant County, Texas,being a portion of that tract of land described by deed to
Clearfork Tradition,LP, recorded in Instrument Number D220015944, County Records, Tarrant
County,Texas, and being more particularly described by metes and bounds as follows:
COMMENCING at a 5/8 inch iron rod found at the northwest corner of said Clearfork
Tradition tract(hereinafter referred to as Tradition tract 1), and the northeast corner of that tract
of land described by deed to Clearfork Tradition,LP,recorded in Instrument Number
D220015942 (hereinafter referred to as Tradition tract 2), said County Records, and being in the
south line of that tract of land described by deed to Texas Electric Service Company,recorded in
Volume 2588,Page 562, said County Records, from which an"X"Cut found at the northeast
corner of Lot I IR2, Block 1,Edwards Ranch Clearfork Addition, an addition to the City of Fort
Worth,Texas, recorded in Instrument Number D220007043, said County Records,bears
N 63033'18"E, 100.14 feet, said"X" cut also found at the northwest terminus of Clearfork Main
Street, a variable width right-of-way recorded in Instrument Number D212292930;
THENCE S 26030'33"E, 35.00 feet,with the west line of said Tradition tract 1 and the east line
of said Tradition tract 2,to the POINT OF BEGINNING;
THENCE N 63033'56"E, 69.20 feet,departing said common line,to the west line of said
Lot I IR2;
THENCE S 26030'33"E, 35.00 feet,with said west line, from which a 5/8 inch iron rod,with
plastic cap stamped"Peloton", found at the southeast corner of said Tradition tract 1 bears
S 26030'33"E, 13.53 feet;
THENCE S 63033'56"W, 53.45 feet, departing said west line,to the beginning of a curve to the
left;
THENCE with said curve to the left, an are distance of 18.82 feet,through a central angle of
58017'48", having a radius of 18.50 feet,the long chord which bears S 34°25'02"W, 18.02 feet,
to the aforementioned common east-west line,from which a 5/8 inch iron rod,with plastic cap
stamped"Peloton",found at the southwest corner of said Tradition tract 1 bears S 26°30'33"E,
4.44 feet;
THENCE N 26030'33"W,43.78 feet, with said common line,to the Point of Beginning and
containing 2,462 square feet or 0.056 acres of land more or less.
"Integral Parts of this Document"
1. Description
2. Exhibit
Peloton Job No.TSL 19001
Ft.Worth April 21,2020
G:\JOB\TSL19001 Tradition Clearfork\MasterDev\ Survey\Exhibits\Legals\TSL19001_Ex2.docx Page 1 of
EXHIBIT B
Certificate of Insurance
Easement Encroachment Agreement-Commercial Page 1 t of 12
Revised 12/2018
EXHIBIT C
Metes and Bounds or Location Description of the Property
Easement Encroachment Agreement-Commercial Page 12 of 12
Revised 12/2018
BEING a tract of land situated in the Lemuel J. Edwards Survey, Abstract No. 464, Tarrant County,Texas,and
being a portion of that certain tract of land described by deed to Clearfork Association, Inc_, y
recorded in Count,Texas,said Tract of land being more
Clerk's Document Number D219059386, Deed Records,Tarrant County,
particularly described by metes and bounds as follows:
BEGINNING at a found 5/8-inch Iron rod for the northeast corner of said Clearfork Association tract, being the
northeast of that certain tract of land described by deed to Cassco Development Company, Inc:, recorded in
County Clerk's Document Number D219059386, Deed Records, Tarrant County, Texas, and being in the south
line of that tract of land described by deed to Texas Electric Service Company, recorded in Volume 2588, page
562, Deed Records,Tarrant County, Texas.
THENCE North 63'24'26"East, a distance of 69.20 feet to a point in the south line of said Texas Electric Service
Company tract and the north line of said Clearfork Association tract, to the northeast corner of said Clearfork
Association tract and the northwest corner of Lot 11, Block 1, Edwards Ranch Clearfork Addition,an Addition to
the City of Fort Worth,Tarrant County, Texas,recorded in County Clerk's Document Number D212292930, Deed
Records, Tarrant County, Texas;
THENCE South 26"30'33"East,with the east line of said Clearfork Association tract and the west line of said Lot
11, Block 1, Edwards Ranch Clearfork Addition, a distance of 97.81 feet to a point;
THENCE South 63`49'26"West, departing said common line, a distance of 69.20 feet to a point in the west line
of said Clearfork Association tract and the east line of said Cassco Development tract;
THENCE North 26'30'33"West, a distance of 97.30 feet to the POINT OF BEGINNING and containing 6,750
square feet or 0,155 acre of land.
Exhlbit"A"tl,egtl Description) Page 1 of 2
19.0106
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PERMITTED EXCEPTIONS
Terms, conditions,and stipulations of Oil,Gas and Mineral lease,a Memorandum of which is dated August 1,2007, filed for record
under Clerk's File No. D207329186, Deed Records of Tarrant County,Texas,as affected by Stipulation of Surface Rights filed for record
under Clerk's File No. D211191428, Deed Records of Tarrant County,Texas and by Stipulation of Surface Rights filed for record under
Clerk's File No, D212093795,Deed Records of Tarrant County,Texas.
A 20 foot wide easement for permanent drainage filed for record under Clerk's File No. D207348714, Deed Records of Tarrant County,
Texas, and shown on survey plat dated January 28, 2019 prepared by Stephen R.Glosup, Registered Professional Land Surveyor No.
5570,
Terms,conditions, restrictions of,and easements granted by Declaration of Covenants,Conditions and Restrictions,filed for record
under Clerk's File No. D208439441, Deed Records of Tarrant County,Texas,as may be amended,and noted on survey plat dated
January 28, 2019 last revised January 17, 2020 prepared by Stephen R.Glosup, Registered Professional Land Surveyor No. 5570.
Lien securing assessments and/or charges as set forth in document recorded under Clerk's File No. D208439441,Deed Records of
Tarrant County,Texas,as may be amended.
Interest in all oil,gas,and other minerals as conveyed in deed filed for record under Clerk's File No.D209329352,Deed Records of
Tarrant County,Texas,as affected by said document stating"Grantor expressly reserves and retains the right to..,approve all ingress
and egress over,upon and across the Land and all other uses of the surface of said Land by any mineral owner or mineral lessee."
Easement for sanitary sewer filed for record under Clerk's File No. D210042878, Deed Records of Tarrant County,Texas, and shown
on survey plat dated January 28, 2019 last revised January 17,2020 prepared by Stephen R. Glosup, Registered Professional Land
Surveyor No. 5570.
A 10 foot easement for pipeline and right-of-way filed for record under Clerk's File No.D211279593, Deed Records of Tarrant County,
Texas, and shown on survey plat dated January 28, 2019 last revised January 17, 2020 prepared by Stephen R. Glosup, Registered
Professional Land Surveyor No. 5570.
Interest in all water estate and water as reserved in deed filed for record under Clerk's File No. D212037741,as corrected in Deed filed
for record under Clerk's File No.D219059386, Deed Records of Tarrant County,Texas,as affected by said documents stating"Grantor
hereby waives any rights to use any portion of the surface of the Property for the exploration, recovery or distribution of such water."
Interest in all water estate and water as reserved in deed filed for record under Clerk's File No. D213001549, Deed Records of Tarrant
County,Texas as affected by said document stating"Grantor hereby waives any rights to use any portion of the surface of the Property
for the exploration,recovery or distribution of such water,"
Interest in all oil,gas,and other minerals as conveyed in deed filed for record under Clerk's File No. D219004060,Deed Records of
Tarrant County,Texas.
Terms,conditions,stipulations of,and easements granted by DRAINAGE EASEMENT, recorded in Volume 6032,Page 32, Deed
Records of Tarrant County,Texas.
Interest in all oil,gas,and other minerals as reserved in deed filed for record under Clerk's File No. D213004083, Deed Records of
Tarrant County,Texas.Title to said mineral interest has not been checked subsequent to the date of recording of the referenced
instrument.
THE PERMITTED EXCEPTIONS LISTED ABOVE ARE SOLELY FOR THE PURPOSE OF QUALIFYING THE ESTATE CONVEYED HEREIN AND
GRANTOR'S WARRANTY OF TITLE,AND NO REFERENCE OR RECITAL HEREIN SHALL CREATE,ENLARGE,EXTEND,RATIFY,CONFIRM OR BE THE
BASIS FOR ANY RIGHT,TITLE,ESTATE,CLAIM OR DEMAND IN FAVOR OF ANY PARTY OTHER THAN GRANTOR AND GRANTEE,AND THEIR
RESPECTIVE SUCCESSORS AND ASSIGNS.