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2C''; '. '-'c~^.~ L?.NC DEPT N0. 047 P. 5 <br />• 9. Covenants Running with the t_and, All of the rights-of-way, restrictions, covenants and agreements <br />set forth in this Agreement are intended to be and shall be construed as covenants (and not conditions) <br />running with the land, binding upon, inuring to the benefit of and enforceable byeach partytothis /{greemeni <br />and each party's successors and assigns, as allowed herein. <br />10. Grantors' Reserved Riohts. Each Grantor reserves the right, at anytime and from time to time, to <br />make such use of that Grantee's Property as desired. at its sole discretion and for any purpose, provided that <br />in the exercise by Grantor of the foregoing rights, Grantor will not substantially interfere with Grantees' use of <br />the Right-of-Way. <br />11- Relocation and Modification. Any Grantor may relocate or modify, at such Grantor's own expense, <br />the Right-of-Way on that Grantor's Property, or any part thereof, to a different location on such Grantor's <br />Properly if the Right-of-Way should interfere, in the Grantor's sole and absolute discretion, with Grantor's use <br />and maintenance of such Grantor's Property as now or hereafter existing, or if anyGrantee's use of the Right- <br />of-W ayshould, in the reasonable judgment of any Grantor, constitute a hazard to such Grantor's Property or <br />the general public. Notwithstanding the foregoing, prior to such any relocation or modification of the <br />Right-of-Way, such Grantor shall provide Grantees notice of such relocation or modification and estimated <br />time of completion, which time shall not be unreasonably exceetled- Grantors agree that such relocation or <br />modification shall not result in a new Right-of-Way, which is narrower, of a steeper grade, or otherwise: not <br />reasonably equivalent to the Right-of-Way as presently constructed, and further that Grantees shall be <br />provided some Right-of-Way access during any period of relocation or modification of the Right-of-Way. Any <br />Grantor who utilizes this provision to relocate the Right-of-Way as ft crosses such Grantor's Property shall <br />record a legal description of the centerline of such relocated Right-of-Way, prepared by a surveyor licensed in <br />the State of Colorado, in a document which refers to the recording information of this Agreement ("Relocation <br />Notice"). Upon the recording of such Relocation Notice, this Agreement shall be amended only as to that <br />portion of the Right-of-Way affected. <br />• 12. Indemnification. Each party to this Agreement agrees to defend, indemnity and hold all other parties <br />to this Agreement, their successors, contractors, employees, ihviteers, agents and assigns, harmless from and <br />against any liability, cost or expense, including attorney fees, incurred by any of such other parties, resulting <br />from the use or occupation of the Right-of-Way by the indemnifying party antl or that party's contractors, <br />employees, invitees, agents or assigns. <br />73, Cooperation. Grantors agree to provide to and for Grantees such governmental consent;; and <br />waivers which Grantors are capable of providing, and to refrain from lodging objections or protests as to <br />governmental approvals or actions, in accord with the rights granted in this Agreement. <br />f 4. ffazardous Materials. No Grantee shall bring onto the Right-of-Way, or permit to be brought onto <br />the Rrght-of-Way, any hazardous or tonic substance or material, excluding petroleum and other dems <br />customarily used in agricultural or coal mining operations, regardless of their toxicity or hazardous mature, <br />regulated by the State of Colorado, the United Stales government, or any other government authority wfth <br />applicable jurisdiction (the "Hazardous Materials"). In the event any Grantee brings Hazardous Materials or <br />petroleum and other items customarily used in agricultural or coal mining operations regulated by any <br />governmental authority ("Excluded Hazardous Materials")onto the flight-of-Way (with or without permis:;ion of <br />the Grantors), such Grantee shall comply with all applicable laws, ordinances, and regulations. Such Grantee <br />shall remove such Hazardous Materials from the Right-of-Way immediately upon request of arty Grantor. <br />Such Grantee shall bear all costs related to environmental investigation, cleanup, removal, or restoration of <br />any water, air, groundwater, natural resources, soil, or land, including, but not limbed to, the Right-of-Way, <br />incurred as a result of the presence of such Hazardous Materials and/or the Excluded Hazardous Materials on <br />the Right-of-Way, or arising out of the acts or Omissions of such Grantee, Its employees, licensees, agents, <br />contractors, subcontractors. invitees and/or other persons. <br />15. Grantees' Sole Risk and Expense. Each Grantee agrees mat use of the Right-of-Way Ily that <br />Grantee hereunder, or its employees, licensees, agents, contractors, subcontractors, invitees and/or other <br />• persons, shall be at the sole risk and expense of that Grantee, subject toI(Itl+ha pl+rovisiollnl(s of tfiills Agreement. <br />4 IIIIIIIIIIII IIIIIIIIIillllllllllll VIII IIIIIIIIIIIIIIII ~~$ 0~~9: 13{ <br />Kay Weynland Reutl County, CO ERSEMENT R 131.00 D 0.00 <br />