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02-26-'08 18:01 FROM-DILLON & MURPHY <br />1-209-334-0723 T-908 P02/02 U-164 <br />PROPERTY OWNERS' WATER LICENSE AGREEMENT <br />This Agreement is entered into on the date set forth at the end by and between Warmerdam <br />Dairy Partnership, a California General Partnership (collectively referred to as the "Owners"), and relates to the real <br />property identified as Parcel Map filed for record 2008,13ook , Page <br />San Joaquin County Records (collectively referred to as Parcel Map), Parcel 3 located at 16464 E. Sargent Road, Lodi, CA <br />95240 and Parcel Map, Parcell located at 13580 E. Sargent Road, Lodi, CA 95240. <br />1, Recitals: <br />a. The two parcels related abutt each other; <br />b. The common water supply for Parcel 2 relates to a well (the "Well") located on <br />Parcel 3, located on the Parcel Map, and <br />C. The water supply for Parcel 2 is provided via pipeline constructed from the Well. <br />2. Grant and Confirmation of License Rights. <br />a. License. The Owners agree and grant to each other and appurtenant to and for the benefit of the <br />two abutting parcels related to Parcel 2, license rights in the Well and the related water pipeline for ingress <br />and egress rights over Parcel 2 for the sole purpose of providing water, maintaining, and improving the <br />Well and pipeline for each of the parcels related to Parcel 2. <br />b. Nonexclusive License. The license granted to each of the Owners is nonexclusive. The <br />Owners retain the right to make any use of their property that does not interfere unreasonably with the other <br />Owner's use and enjoyment of the license. <br />c. Termination of License. The Owners agree that upon the sale or transfer of either parcel <br />related to Parcel 2, the license granted herein will terminate, and the Owners agree that Parcel 2 <br />will be required to have an approved independent domestic water supply well as a condition of escrow. <br />d. Binding Effect. This Agreement shall be binding on and shall inure to the benefit of heirs, <br />executors, administrators, successors, and assigns of each of the Owners. <br />e. Entirepereement: Amendment This Agreement constitutes the entire agreement between <br />the Owners and supersedes all prior discussions, negotiations, and agrcoments whether oral or written. Any <br />amendment to this agreement, including an oral modification supported by new consideration, must be reduced <br />to writing and signed by both parties before it will be effective. <br />f. Unenforceable Provisions. If all or part of any one or more of the provisions contained <br />in this agreement is for any reason held to be invalid, illegal, or unenforceable in any respect, the invalidity, <br />illegality, or unenforceability shall not affect any other provisions, and this agreement shall be equitably construed <br />as if it did not contain the invalid, illegal, or unenforceable provision. <br />