DCPREZ-2014-10736 - Laserfiche WebLink

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• Page Two: an immediate right to reimbursement from Parcel B Owner,together with interest at the rate of 12% per year on the unpaid amount and all'reasonable attorney fees and other collection costs incurred by Parcel A Owner. Repairs and maintenance shall be performed at such times and in such a manner as are mutually agreeable to the parties. If the parties are unable to agree within 10 days of a written request by one or the other on the need for the repair or maintenance, then the matter shall be referred, upon either party's request, to arbitration. 4. Insurance. Parcel A Owner and Parcel B Owner shall maintain in effect at all times during the term of this Agreement a policy of general liability insurance insuring insure against injury to property, person, or loss of life arising out of Parcel A and Parcel B Owner's use, occupancy, or maintenance of the Easement Property or the Driveway with limits of coverage that are at levels customarily maintained by residences in the community in which the Easement Property is located. 5. Equal Rights of Use. Parcel A Owner and Parcel B Owner shall have equal rights of ingress and egress over the Driveway and shall take no action to prevent the other party's enjoyment of such rights. 6. Covenants Run with Land. All of the terms and conditions in this Agreement, including the benefits and burdens, shall run with the land and shall be binding upon, inure to the benefit of, and be enforceable by Parcel A Owner and Parcel B Owner and their respective successors and assigns. The easement granted under Section 1 of this Agreement is an easement appurtenant to Parcel B and may not be transferred separately from,or severed from title to Parcel B. Furthermore, the benefits of the easements granted under this Agreement shall not be extended to any properties without the consent of the owners of Parcel A or Parcel B. The specific parties named as Parcel A Owner and Parcel B Owner in this Agreement, and each of their respective successors and assigns as fee simple owners of Parcel A and Parcel B, respectively, or any portion of Parcel A or Parcel B, shall cease to have further liability under this Agreement with respect to facts or circumstances first arising after the party has transferred its fee simple interest in Parcel A or Parcel B,respectively,except,however,for obligations that accrued during the party's period of ownership of title. 7. Non-Use. Non-use or limited use of the easement rights granted in this Agreement shall not prevent Parcel A or Parcel B Owner from later use of the easement rights to the fullest extent authorized in this Agreement. 8. Governing Law. This Agreement shall be construed and enforced in accordance with the laws of the Slate of Wisconsin. 9. Entire Agreement. This Agreement sets forth the entire understanding of the parties and may not be changed except by a written document executed and acknowledged by all parties to this Agreement and duly recorded in the office of the Register of Deeds of Dane County,Wisconsin.