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Easement in Gross Agreement Notice of confidentiality rights: If you are a natural person, you may remove or strike any or all of the following information from any instrument that transfers an interest in real property before it is filed for record in the public records: your Social Security number or your driver's license number. Date: January , 2023 Grantor: City of Paris, Texas, a Texas Home Rule Municipality Grantee: Greater Paris Development Foundation, a Texas Non -Profit Corporation Easement Property: See Exhibit "A" attached hereto Easement Purpose: For the construction, operation, maintenance, and repair of a pedestrian and bicycle trail to provide access, ingress, and egress for public pedestrian and bicycle traffic over and across the easement property to be used in connection with the larger public trail commonly known as the "Northeast Texas Trail". Consideration: Good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by Grantor. Grant of Easement: Grantor, for the Consideration and subject to the Reservations from Conveyance and Exceptions to Warranty, grants, sells, and conveys to Grantee and Grantee's heirs, successors, and assigns an easement over, on, and across the Easement Property for the Easement Purpose, together with all and singular the rights and appurtenances thereto in any way belonging (collectively, the "Easement"), to have and to hold the Easement to Grantee and Grantee's heirs, successors, and assigns forever. All warranties that might arise by common law and the warranties in Section 5.023 of the Texas Property Code (or its successor) are excluded. Terms and Conditions: The following terms and conditions apply to the Easement granted by this agreement: 1. Character of Easement. The Easement and related rights granted by Grantor in this agreement to Grantee are a nonexclusive and irrevocable easement in gross for the benefit of Grantee and its successors and assigns, as owner of the rights created by the Easement in gross, and is exclusive and irrevocable (as applicable, the "Holder"). The Easement and related rights granted by Grantor in this agreement are binding on Grantor, its heirs, legal representatives, successors, and assigns, on all future owners of the Easement Property. This Easement and other rights granted by Grantor in this agreement are independent of any lands or estates of interest in lands; there is no other real property benefitting from the Easement granted in this agreement. Provided, however, that Grantor retains the nonexclusive right of access, ingress, and egress over and across the easement property for such purposes as may be desired by Grantor.