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HomeMy WebLinkAboutS-1624-B Applicationci. jL1Dgof6i1,Q'Pi When recorded return to: Timothy W. Grooms, Esq. Quattlebaum, Grooms, Tull & Burrow PLLC 111 Center Street, Suite 1900 Little Rock, Arkansas 72201 2009046487 Received: 7/9/2009 2:35:32 PM Recorded: 07/09/2009 02:42:04 PM Filed & Reecorded in Official Records of PAT O'BRIEPi. PULASKI COUNTY CIRCUIT/COUNTY CLERK Fees $85.00 ,L,,151 111, 1111 co AMENDED AND RESTATED DECLARATION OF EASEMENTS WITH COVENANTS AND RESTRICTIONS AFFECTING LAND [Replacing that certain Declaration of Easements with Covenants and Restrictions Affecting Land, dated May 27, 2009, recorded as Instrument No. 20090359401 THIS AMENDED AND RESTATED DECLARATION OF EASEMENTS WITH COVENANTS AND RESTRICTIONS AFFECTING LAND (the "Declaration") is made effective as of the 27th day of May, 2009, as a declaration by CHICOT NWA PROPERTIES, LLC, an Arkansas limited liability company ("Grantor"). Grantor executed and recorded that certain Declaration of Easements with Covenants and Restrictions Affecting Land (the "Original Declaration") dated May 27, 2009, recorded as Instrument No. 2009035940 of the Official Records of the Circuit Clerk of Pulaski County, Arkansas. The legal descriptions attached to the Original Declaration contained a scrivener's error resulting in an incorrect Section reference, and Grantor desires to correct the error by amending and restating the Original Declaration in its entirety. WITNESSETH: Grantor is the owner of those certain tracts of land situated in the City of Little Rock, Pulaski County, Arkansas, identified herein as Lot 1, Lot 2 and Lot 3 (singularly, a "Lot" and collectively, the "Lots") more particularly depicted on the drawing attached hereto as Exhibit A said tracts being more particularly described in Exhibits B-1, B=2, and B=3 attached hereto (collectively, the "Shopping Center"). Lot 2 is to become a platted lot, simultaneous to the recording of this instrument, and will upon platting with the City of Little Rock become identified as Lot 2, CHICOT NWA, An Addition to the City of Little Rock, Arkansas. WHEREAS, Grantor contemplates the sale of Lot 2 so that there may not be common ownership of such tracts (as there now is); WHEREAS, Grantor wishes to declare and reserve certain easement rights for the benefit of Grantor and the current and future owners of the Shopping Center that will run with and be appurtenant to said tracts and impose certain obligations and restrictions that will burden and also run with the land; and WHEREAS, Grantor desires and intends that no merger of rights occur because of present common ownership or any future common ownership. NOW, THEREFORE, for and in consideration of the premises, easements, covenants, conditions, restrictions, and encumbrances contained herein, the sufficiency of which is hereby acknowledged, the Grantor does hereby declare and reserve as follows: 1. Ingress. Egress, and Access Easements. a. Grant of Easement. Grantor hereby grants and subjects the Shopping Center to such nonexclusive ingress, egress, and access easements as are noted as such easements, labeled the "Cross Access Easement," on Exhibit A, and more particularly described on Exhibit C attached hereto, together with a twenty-five (25) foot wide easement upon and across Lot 1, the exact location of which shall be determined by the Owner(s) of such Lot at the time the Lot is formally platted (collectively, the "Access Easement Area"), which is for the mutual non-exclusive benefit and use of Grantor and its successors and assigns, including the owner, whether one or more persons or entities, of fee simple title to any Lot (an "Owner") and their respective customers, employees, tenants, invitees and licensees for the purpose of (i) vehicular ingress and egress over, upon and across the Access Easement Area, and (ii) normal and reasonable vehicular and pedestrian ingress and egress to and from Lots 1, 2 and 3, the Access Easement Area, Mabelvale Cut -Off Road, and Chicot Road (the "Access Easement"). Grantor expressly reserves unto itself, its successors and assigns, the right to use the Access Easement Area located on its Lot for the benefit of such Lot. The Access Easement granted herein shall burden Lots 1, 2 and 3, and benefit Lots 1, 2 and 3, and any portion thereof, and the current and future owners of all or part each Lot, subject to the terms and conditions herein set out, and to the restrictions described herein. The Access Easement shall not be extended to, connect with, or otherwise benefit any parcels adjacent to the Shopping Center without the express written consent of all Owners of the Lots. b. Use of Access Easement Area. (1) All utilization of the Access Easement by Grantor and its successors and assigns must be related to use of the benefited Lot. The easements provided for in this Declaration are subject to the rights of each Owner to use the Access Easement Area located on its Lot for the benefit of such Lot; provided, however, (i) the Owners and their respective agents, customers, invitees, licensees, tenants and employees are expressly prohibited from parking within the Access Easement Area; and (ii) no Owner of a Lot subject to an easement granted herein shall erect any barriers, fences, grade changes or other obstructions so as to in any manner unreasonably restrict or interfere with the use and enjoyment by any of the Owners of the rights and easements created by this Section. (2) Each Lot Owner, and each of their tenants, licensees, permitees, invitees, representatives, agents, employees, and the like shall have the right to enter upon, cross over, and exit from the Access Easement Area at all times through the designated access point or points (the "Access Points") as shown on Exhibit D. Notwithstanding anything to the contrary contained in this Agreement, the Access Points may not be changed until approved in writing by the Owners of the Lots sharing such Access Point. The Access Points shall in no 2 event be blocked, closed, altered, changed, or removed and shall at all times remain in place as shown on Exhibit D. There shall be maintained at the Access Points a smooth and level grade transition to allow the use of a road or driveway for pedestrian and vehicular ingress and egress between the Properties. (3) The Owner or Owners of Lot 1 shall have the exclusive right to determine the exact location of that portion of the Access Easement Area to be located within Lot 1; however, the Owner or Owners of Lot 1 are prohibited from relocating the Access Points without the express written approval of the Lot 2 Owner, not to be unreasonably withheld. The foregoing notwithstanding, the Owner of all or any part of Lot 1 shall not have the right to locate that portion of the Access Easement Area lying within its Lot in a manner which would in interfere with or impede access to and from Lots 1, 2 and 3, Mabelvale Cut-off Road, and Chicot Road. Upon determination of the exact location of the Access Easement Area lying within Lot 1, the Lot Owners shall amend this Agreement to include, as an exhibit, the depiction and description of such portion of the Access Easement Area lying within such Lot. C. Maintenance of Access Easement Area. Each Owner shall have the responsibility to maintain and repair the portion of the Access Easement Area lying within its Lot in a condition reasonably consistent with the condition of said Access Easement Area as of the date of installation, including maintaining the surfaces in a level, smooth and evenly -covered condition with the type of surfacing material originally installed or such substitute as shall in all respects be equal in quality, use, and durability, except to the extent of any maintenance or repairs necessary as a result of the negligence of the other Lot Owner, or its tenants, licensees, invitees, guests, successors or assigns. 2. Utility Easements. Grantor hereby grants and subjects the Lot 1, Lot 2, and Lot 3 to such nonexclusive utility easements, labeled on Exhibit A as a "Utility Easement" and more particularly described as follows: (i) a fifteen (15) foot wide strip of land running North and South, the center line of which is the common border between Lot 1 and Lot 2; (ii) a fifteen (15) foot wide strip of land running parallel to Chicot Road, the center line of which is the common border between Lot 2 and Lot 3; and (iii) a ten (10) foot wide strip of land running East and West, parallel and adjacent the southern boundary of Lot 1, Lot 2, and Lot 3 (collectively the "Utility Easement Areas"), which are for the mutual non-exclusive benefit and use of Grantor and its successors and assigns, including each Owner of a Lot and the employees, licensees, agents and independent contractors of each Owner, for the Purpose of installing, using, constructing, laying, removing, replacing, relaying, enlarging, maintaining and operating utilities, including storm drains, utilities and other proper services necessary for the orderly development and operation of the Shopping Center, together with the right of ingress and egress across such other portions of the Shopping Center as are reasonably necessary for the purpose of using, constructing, inspecting, maintaining, repairing, removing, replacing, renewing, and enlarging utility systems located or to be located within the Utility Easement Areas. The Lot Owners are prohibited from erecting any buildings or structures on the Utility Easement Areas or otherwise which will prevent reasonable access thereto by the other Lot Owners and their employees, licensees, agents and independent contractors. 3. Use. Buildings in the Shopping Center shall be used for commercial purposes of the type normally found in a mixed use office, restaurant and retail shopping center including, without limitation, financial institutions, service shops, offices, retail stores, office buildings and restaurants. No tattoo or piercing parlor, theater, bowling alley, skating rink, billiard parlor, night club, or other place of recreation or amusement, any business exclusively selling alcoholic beverages (expressly not to exclude location of restaurants), flea market, service station, truck stop, automotive maintenance or repair facility (not including courtesy assistance such as replacement of batteries or wiper blades), operation for the renting, leasing or selling of or displaying for the purposes of renting, leasing or selling of any boat, motor vehicle or trailer, school or training or educational facility (including without limitation, a beauty school, barber college, reading room, place of instruction or any other operation catering primarily to students or trainees as opposed to customers), car wash, or mortuary shall occupy space within the Shopping Center. For purposes of this Section, a "restaurant" shall be defined as any operation of business which requires a governmental permit, license and/or authorization to prepare and/or serve food for either on or off site consumption. For purposes of this Section, a "place of recreation or amusement" shall mean a use offering games, shows or other entertainment activities unless such games, shows or activities are incidental to a permitted business activity (provided, any games, shows or other entertainment activities involving gambling (whether for money or other prizes) or "adult" activities, including without limitation any adult -type book store, massage parlor, escort service, facility with nude (or partially nude, bathing suit -clad or lingerie -clad) models or dancers or any establishment selling or exhibiting sexually explicit materials, are expressly prohibited, even if incidental to a permitted business activity). The restrictions contained in this Section shall not be amended without written consent of all Owners of the remaining Lots within the Shopping Center. Any such requested consent may be withheld in the absolute and sole discretion of Grantor or the Owners, as the case may be. 4. Enforcement. a. In the event that an Owner fails to maintain or keep its Lot or a portion thereof lying within the Access Easement Area in compliance with the terms and conditions of this Declaration (the "Defaulting Owner"), an owner of the other Lots (the "Complaining Owner") may make written demand upon the Defaulting Owner to immediately bring its Property into compliance. In the event the Defaulting Owner fails to bring its Property into compliance within thirty (30) days of delivery of the notice of default, or immediately in the event of an emergency, the Complaining Owner shall have the right to enter the Defaulting Owner's Lot for the purpose of bringing that Lot into compliance with the terms and conditions of this Declaration, following which the Complaining Owner shall be promptly reimbursed by the Defaulting Owner for all costs and expenses incurred in such maintenance, together with interest thereon from the date such work is completed at the highest rate allowed by law. b. Either Owner or their successors or assigns, shall have the right to proceed at law or in equity to compel compliance with the terms and conditions hereof, to sue for and recover damages, or to take all such courses of action at the same time, or such other legal remedy they may deem appropriate. No delay or failure on the part of an aggrieved party to initiate an available remedy set forth herein shall be held to be a waiver by that party or an estoppel of that party or of any other party to assert any right available to such party upon the recurrence or continuation of the violation or the occurrence of a different violation. 5. Indemnification/Insurance. 4 a. Indemnification. Each Owner of a Lot shall indemnify and save all other Lot Owners harmless from any and all liability, damage, expense, causes of action, suits, claims, or judgments arising from personal injury, death, or property damage and occurring on or from its own tract, except if caused by the act or neglect of the other Owner. b. Insurance. 1. Each Owner of a Lot in the Shopping Center shall procure and maintain in full force and effect throughout the term of this Declaration general public liability insurance and property damage insurance against claims for personal injury, death or property damage occurring upon, in or about its property, each party's insurance to afford protection to the limit of not less than $500,000.00, for injury or death of a single person, and to the limit of not less than $1,000,000.00 for any one occurrence, and to the limit of not less than $500,000.00 for property damage. Each Owner of a Lot in the Shopping Center shall, upon written request, provide the other Owner(s) of a Lot(s) with certificates of such insurance from time to time to evidence that insurance is in force. Such insurance may be written by additional premises endorsement on any master policy of insurance carried by the party which may cover other property in addition to the property covered by this Declaration. 2. At all times during the term of this Declaration, each Owner of a Lot(s) in the Shopping Center shall keep improvements on its property insured against loss or damage by fire and other perils and events as may be insured against under the broad form of Uniform Extended Coverage Clause in effect from time to time in the state in which the property is located, with such insurance to be for the full replacement value of the insured improvements. 3. Each Owner of a Lot(s) in the Shopping Center for itself and its property insurer hereby releases the other Owner(s) from and against any and all claims, demands, liabilities or obligations whatsoever for damage to the other's property or loss of rents or profits resulting from or in any way connected with any fire or other casualty whether or not such fire or other casualty shall have been caused by the negligence or the contributory negligence of the party being released or by any agent, associate or employee of the party being released, this release being to the extent that such damage or loss is covered by the property insurance which the releasing party is obligated hereunder to carry, or, if the releasing party is not carrying that insurance, then to the extent such damage or loss would be covered if the releasing party were carrying that insurance. 6. Eminent Domain. a. Owner's Right to Award. Nothing herein shall be construed to give any Owner of a Lot any interest in any award or payment made to any other Owner of a Lot in connection with any exercise of eminent domain or transfer in lieu thereof. In the event of any exercise of eminent domain or transfer in lieu thereof of any part of the Shopping Center, the award attributable to the land and improvements of such portion so taken shall be payable only to the Owner(s) of affected Lot(s) and no claim thereon shall be made by any other party. b. Collateral Claims. Any Owner of a Lot(s) whose land is not taken may file collateral claims with the condemning authority for its losses which are separate and apart from the value of the land area and improvements taken from another Lot Owner. C. Tenant's Claim. Nothing in this Section shall prevent a tenant from making a claim against an Owner pursuant to the provisions of any lease between tenant and Owner for all or a portion of any such award or payment, to the extent provided in such lease and applicable law. d. Restoration of Access Easement Area. The Owner(s) of each portion of the Shopping Center condemned shall promptly repair and restore any affected portion of the Access Easement Area on the Lot owned by such party as nearly as practicable to the condition of same immediately prior to such condemnation or transfer, to the extent that the proceeds of such award are sufficient to pay the cost of such restoration and repair and without contribution from any other Owner. 7. Non -compete Use Restriction. Grantor covenants and agrees not to sell, lease, rent or occupy, or allow to be leased, rented or occupied, any land now or hereafter owned by Grantor or developed by Grantor or an affiliate of Grantor (for a third party), within a one (1) mile radius of the boundaries of Lot 2, for the purpose of conducting business as, or for use as, a Family Dollar Store, Bill's Dollar Store, Fred's, Dollar Tree, Dollar Zone, Variety Wholesale, Ninety -Nine Cents Only, Denis, Dollar Bills, Bonus Dollar, Maxway, Super Ten, McCory's, McCory's Dollar, Planet Dollar, Big Lots, Odd Lots, Walgreens, CVS, Rite Aid, or any Wal-Mart concept. This covenant shall run with the land and shall be binding upon Grantor and its affiliates and their respective successors, assigns and successors in title to any such land owned, developed or acquired in the future within a one (1) mile radius of the boundaries of Lot 2, including Lot 1 and Lot 3. 8. Subdivision. So long as Grantor is an owner of Lot 1 or Lot 3, Grantor expressly reserves the right to subdivide such Lots, in its sole and absolute discretion. The easements and restrictions contained in this Declaration shall burden or benefit any and all subdivided portions of Lot 1 and Lot 3. 9. Rights and Obl_igatigns of Lenders. If by virtue of any right or obligation set forth herein a lien shall be placed upon the tract of any party hereto, such lien shall expressly be subordinate and inferior to the lien of any first lienholder now or hereafter placed on such tract. Except as set forth in the preceding sentence, however, any holder of a first lien on the Shopping Center, and any assignee or successor in interest of such first lienholder, shall be subject to the terms and conditions of this Declaration. 10. Release from Liability. Any person acquiring fee or leasehold title to the Shopping Center or any portion thereof, shall be bound by this Declaration only as to the tract or portion of the tract acquired by such person. In addition, such person shall be bound by this Declaration only during the period such person is the fee or leasehold owner of such tract or portion of the tract, except as to obligations, liabilities or responsibilities that accrue during said period. Although persons may be released under this paragraph, the easements, covenants and restrictions in this Declaration shall continue to be benefits and servitudes upon said tracts running with the land. 11. Rights of Successors. The easements, restrictions, benefits and obligations hereunder shall create mutual benefits and servitudes running with the land. This Declaration shall bind and inure to the benefit of the parties hereto, their respective heirs, representatives, 6 lessees, successors and assigns. The singular number includes the plural and the masculine gender includes the feminine and neuter. 12. Non -Merger. No merger of rights shall occur because of aforesaid ownership, but instead the rights and easements granted herein shall benefit the present and future Owners of the Shopping Center or a portion thereof as though there were not now, and never will be such common ownership and shall be appurtenant to and run with said land. 13. Duration. Unless otherwise canceled, terminated or extended, this Declaration and all the easements, rights and obligations hereof shall automatically terminate and be of no further force and effect after ninety-nine (99) years from the date hereof. 14. Headings. The headings within this Declaration are inserted only as a matter of convenience and for reference and in no way define, limit or describe the scope or intent of this document nor in any way affect the terms and provisions hereof. 15. Entire A Bement. This Declaration constitutes the entire agreement between all present and future Owner(s) of a Lot(s) in the Shopping Center, unless amended in the manner required by this Declaration. 16. Amendment. Except as expressly provided otherwise herein, this Declaration may not be modified in any respect whatsoever or terminated, in whole or in part, except with the consent of all Owners of the Lots, such consent not to be unreasonably withheld. If more than one person or entity is the Owner of a Lot, such Owners shall agree among themselves and designate in writing to the Owners of each of the other Lots a single person who is entitled to cast the vote for that Lot. If the owners of any such Lot cannot agree who shall be entitled to cast the single vote of that Lot, or if the Owners fail to designate the single person who is entitled to cast the vote for that Lot within thirty (30) days after receipt of request for same from any Owner, then that Lot shall not be counted as a "negative" vote for any change or modification of this Declaration. [Signature Page Follows] 7 IN WITNESS WHEREOF, Grantor executed this Declaration the day and year first written above. CHICOT NWA PROPERTIES, LLC an A*msas limited liability company James P. Matthe*s Authorized Member SCHEDULE OF EXHIBITS Exhibit A — Depiction of Lots Exhibit B-1 — Legal Description of Lot 1 Exhibit B-2 — Legal Description of Lot 2 Exhibit B-3 — Legal Description of Lot 3 Exhibit C — Legal Description of Access Easement Area Exhibit D — Depiction of Access Points STATE OF ARKANSAS ) ) ss. ACKNOWLEDGMENT COUNTY OF PULASKI ) On this day, before me, the undersigned, a Notary Public, duly commissioned, qualified and acting within and for said County and State, appeared in person the within named James P. Matthews, and being the person authorized to execute such instrument, stating his capacity in that behalf, to me personally well known, who stated that he was an Authorized Member of CHICOT NWA PROPERTIES, LLC, an Arkansas limited liability company and was duly authorized to execute the foregoing instrument for and in the name and behalf of said company, and further stated and acknowledged that he had so signed, executed and delivered said foregoing instrument for the consideration, uses and purposes therein mention and set forth. IN TESTIMONY WHEREOF, I have hereunto set my hand and official seal this4`' day of ,ui 2009. Notary Public My Commission Expires: ALILE HICKS I) Pulaski County My Cornmission Expires Eobruary 1, 2012 1613\2541\Corrected ECR-GP 20090630 R pw N• p�w,+L��w no +rKrc+n Mal IFE :.:irAIAI [ •AOA�l� yryt ai liRiff !•]d?M EXHIBIT A — Page 1 of 2 Depiction of Lots MERVIrAt LPA1l PLAT COM FUN4FY w AgMINENR ME CMni ROCKROD.5 G SL9C MAYS �I UAR:Qa Scale t" = 30 Ft di BELVALE CUT-OFF ROAD _... --I VAAKT) -7r serrzl•aze Ni>fir.B'39'E a 1 I LC213VE9d'S6E I — I , Lt29 22' I;w-- \ CP.f.IS� ACCliS VSLYfl/I P 1 � 1i r AQE�s>�NFs• —j— — ,„,�7. — -- —_ � � � r LOT 2 I vC�A I .1 ..� o � � � I e-.xis a, rt ! • �T Ac � I � I �� ti+ •.q R I �, r l � m I n ., I I l II � 1 A' 1 � UnITY CASfIKNT(—`rY I �•• ' � I I uwTr FraeynYs--f l � � 1F I \ I 1 L I _f ri9ala•tx'w '- 623.29' CIOsS ACCESS FASEYFM :FC)AL DES;MV r*;It LOT 2 PAAl Of lµ W/L Y 1 i NMli "1,'d CF 91nCWN l2 1-1-5 N-I]-N. PARI AM' N'L Tv. nn 0 UML MCC PU.ASi1 C iTY, Mi MWE PACULARLY 0 -RUM AS I V U.ICLLE e-- rLewVl (M Mn, Akl CCrAY1ENCI,C AT iLE NORTNF CORIC4 Yi SAL NI/1 WMI/A M/4 NWI/.: COYAIFNCYIO AT 1YIE N4NnIEAST G F•IE7KC $t Y�S;yb k, .Mo. R '0 K4TI ON r.c SCUTN RIU1i-Ci-MY UN[ OF MANFIMAL[ CUT -OR ROAD, TIENCC SD I'J2'7YW, 2m O6 FT TO A Llw S01"]Z-5'1'91, i,w' 91 R. lC LWF Oi Y41F.LUALE C11T-OFF YOAC FOUND T pow 1111-NCC NNFI/Fl171', IT- TS R: T(WFE Y,OY.S9'0.L FGI111(7 ULtrM TNCNCE r--F :NT.i4 •'1, 70 A POMI ON 11IF SOUTH (tQIT-Of-YµY LINE fX• 411'/L'L FHENIT_ 1/y�1CFi�, 11625 R: CuT-0El rpAD; TMENCE N8r4W 'E +HNC S O SOUM N�YYT-ef-iFlT nPH ON TK 5u� SOUTH NCNI- LWE_ 2849 R, n'CACC s84'lO'STF ALONG ;JID SWTH ANy.T-0E-VnY THO CC NLeQ'01 E MONG Ulm L1NF. SS.T PT. TO " PGWT OF OEGIIi11NG. MEN'.F CI:NIKRWF, JW?O'5rE TAIcr. S14d•'O.SrE Sm ' ALONG SW SOLON NIPTE-O<-WAY LL+'F, 36 W R,- nTCNCC SOt'3OY)5'A, D04CE )pl'�9:7S%, 3/713 R, l trOD ET IAApNrF N!C 94. }gym FG, WD &I wOt'r 16O , Y^4.N F.'_, .I�OI SO F7 O' 09.97 MLRFS *+�A[Y ►dY21i9r+►. 3Zp75 FT 7HpICC MOE'W lid.. t!5G0 R: GILIX'i Saf7O'7rC, zz.1 T7:'11•irL4 N7 t'S9'CY'L, ♦T,pp r< TG TII@ I'm pr BEl WK. iYiMAINN 11,7�5 xi i. yGW of 1.i56. N+iµ[v![ril idNe Mn • TX W rl dui MHM1+Ilr13.f0 i11Y .c'uXlr[t:1 ro H.rC BUN cao•� wM� rl?IF}3R ones [xuncN rw� N r.< nR mNl rn,cwus EXHIBIT A — Page 2 of 2 Depiction of Lots wllms_vra�rsr gYl1'11. F N1WR HIR(RY tDIP[Y r } Mi q�11 �biF RY PG48NR IYM Mi' tll t. NN Rllr .K Lr01[[�ti IL}.rNN��l Q rk Iri R[ Yla bM CNP hLCi NL .['RY:N�1 n.1c s Ftto�Rw uu n[ n.lrin lnR.w IwrrKwq I.CtIN W Vi3L WIIJ.$ �11 iF/I.TEir■ 1f i� Lli18um Ni *� . OLarrR sl x..coluyea awol.e wr. .x s.•+w ue eburm wi.. ra yl ar, r-NI r0 wrYtl JU ' IS'.•[ 4Yl4W�IL rI. I.R I.fe wIv n [¢d rvr Rr ��n� rcs uc N[mr u}nc .ox w nn4 i.sw,ww N� 2aDN.YJp1 CU7-0PF ROAD �•�^ I �. � L _R�ri• r1]71•r_.3- \ �^+.IA I !i]We-ue�� �. � � y � • i � I II'iGrlY Z s—�--- �-�S _J1 L ! �_Jj ff i i I fry r I j ! LOT 3 I o i wux=CRJu� I � Rf 1 jN I � I ISDINIIf� � r I �77f ni`y11111 iwi—p liy}II I szs.z9• i ICGLL OC{RMlpl IAT } ..1� a p{ rllr nrl '4 rar. NN114 rI; / Or �'}P 17. --susr-'- Inca , rival e(Ir.•ra_ wlr >3xv+cu.sr o-:N�v r h l/Cl s0 f}]f :mayy f� R•hl 1I4N1 M IKImWM AGp ai.w�e 1�1 wI N .rRllyNr �ufpr �t4e, aiwi! �0r]Yi-r. rolMD bi' amr, attx NASIRI yI. }xm 1} la nr sY } C OEONNrH:. [NNCi 411<IV �Y Y. 1.6:f F+, IIGv-i til']to "Wr n y} W.� W Iwr w [IYrR. rraC-M-.,.r .nr fJ wilelw,r :il�'/l r ler ,..W.�ys•xr .paten � pa�y��np. swpp�yn�-wr u.l.:• n �. Ria':. �Sa.,; Itl MM11r��5u���G es.T•wni- II.:AS ^ R PI Gil9 I NRWiuI ro M uRr NKR LA6KSdY l.K PC]+w�d; NND Na [I M CC.[}W16 H U4FOWL W WR B[EN rale'u� ntl DOCW W. a Baas .trLN� 1VN� �Iw Ir.rtlin vL y..N RsiD uL .CAURdi a.rt s r¢alwl um[ eac, nwnc Ci1WGDt}I (I NFRNI N�IFS. 11F.'" K ilY. Y — I,} 41} M C[rRIFHS, ugli56 IIDiD D1IIpilMS i fe�R 9 JTllfl'{� ML r0 tlL UMD 3 U" a rLMI.I r1=. 1 ^0.rd11 1 N/1fX�If+n Nf pp � CCI+[Y ���•pt'.y T10 Wµ/pYGn,W�.� NslM[ it Ywr � �pl y� y011ll•3} GE011OLATLOi RECgIam THIS PUT OCR"EM AND R$-RELOR(' r WE TO All ERROR IN THE lC1•.,l RSCRPtVI ON THE DRIGIVA W PLAT RECORDED /S STR. 8 MM34977, IMY 27. 2009. CORRL CTED PLAT OF LOT 2 CHICOT NWA AN ADDITION TO THE CITY OF LITTLE ROCK ARKANSAS OEING PAW OF THE NW1!4 NWI/n SECTKIN 12 I-1-S. R-13-W PUTASKI COUNTY, ARKANSPS JULY• 2009 �IRa�Y �> wyatK .1 w tFr EXHIBIT B-1 LEGAL DESCRIPTION OF LOT 1 PART OF THE N1/2 NW1A NW1A NW1A OF SECTION 12, T-1-S, R-13-W, LITTLE ROCK, PULASKI COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID N1/2 NW1/4 NW1/4 NW1/4; THENCE S01032'55"W, 45.91 FT. TO A POINT ON THE SOUTH RIGHT-OF-WAY LINE OF MABELVALE CUT-OFF ROAD; THENCE S01032'55"W, 284.06 FT. TO A FOUND 5/8" REBAR; THENCE N88°10'12"W, 442.25 FT. TO THE POINT OF BEGINNING; THENCE CONTINUE N88010'12"W, 181.04 FT. TO A POINT ON THE EAST RIGHT-OF-WAY LINE OF CHICOT ROAD; THENCE N20°11'37"E ALONG SAID EAST RIGHT-OF-WAY LINE, 31.78 FT.; THENCE N01°51'38"E CONTINUING ALONG SAID EAST RIGHT-OF-WAY LINE, 230.08 FT.; THENCE NORTHEASTERLY CONTINUING ALONG SAID EAST RIGHT-OF-WAY LINE BEING THE ARC OF A 20.00 FT. RADIUS CURVE TO THE RIGHT, A CHORD BEARING AND DISTANCE OF N46048'58"E, 28.22 FT. TO A POINT ON THE SOUTH RIGHT-OF-WAY LINE OF MABELVALE CUT-OFF ROAD; THENCE S88021'42"E ALONG SAID SOUTH RIGHT-OF-WAY LINE, 118.85 FT.; THENCE N89046'36"E CONTINUING ALONG SAID SOUTH RIGHT-OF-WAY LINE, 31.26 FT.; THENCE S01039'03"W, 281.74 FT. TO THE POINT OF BEGINNING, CONTAINING 47,905 SQ. FT. OR 1.0997 ACRES MORE OR LESS. EXHIBIT B-2 LEGAL DESCRIPTION OF LOT 2 PART OF THE N1/2 NW1/4 NWIA NW1/4 OF SECTION 12, T-1-S, R-13-W, LITTLE ROCK, PULASKI COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID N1/2 NWIA NW1/4 NW1/4; THENCE S01032'55"W, 45.91 FT. TO A POINT ON THE SOUTH RIGHT-OF-WAY LINE OF MABELVALE CUT-OFF ROAD; THENCE S01°32'55"W, 284.06 FT. TO A FOUND 5/8" REBAR; THENCE N88010'12"W, 296.00 FT. TO THE POINT OF BEGINNING; THENCE N88°10'12"W, 146.25 FT.; THENCE N01°39'03"E, 281.74 FT. TO A POINT ON THE SAID SOUTH RIGHT-OF-WAY LINE OF MABELVALE CUT-OFF ROAD; THENCE N89°46'36"E ALONG SAID SOUTH RIGHT-OF-WAY LINE, 28.49 FT.; THENCE S88°20'57"E ALONG SAID SOUTH RIGHT-OF-WAY LINE, 117.77 FT.; THENCE S01°39'03"W, 283.13 FT. TO THE POINT OF BEGINNING, CONTAINING 41,361 SQ. FT. OR 0.9495 ACRES MORE OR LESS. EXHIBIT B-3 LEGAL DESCRIPTION OF LOT 3 PART OF THE N1/2 NW1/4 NWI/4 NWIA OF SECTION 12, T-1-S, R-13-W, LITTLE ROCK, PULASKI COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID N1/2 NWIA NWI/4 NWI/4; THENCE S01032'55"W, 45.91 FT. TO A POINT ON THE SOUTH RIGHT-OF-WAY LINE OF MABELVALE CUT-OFF ROAD AND THE POINT OF BEGINNING; THENCE CONTINUE S01032'55"W, 284.06 FT. TO A FOUND 5/8" REBAR; THENCE N88°10'12"W, 296.00 FT.; THENCE N01°39'03"E, 283.13 FT. TO A POINT ON THE SAID SOUTH RIGHT- OF-WAY LINE OF MABELVALE CUT-OFF ROAD; THENCE S88°20'57"E ALONG SAID SOUTH RIGHT-OF-WAY LINE, 295.48 FT. TO THE POINT OF BEGINNING, CONTAINING 83,869 SQ. FT. OR 1.9254 ACRES MORE OR LESS. EXHIBIT C LEGAL DESCRIPTION OF ACCESS EASEMENT AREA LEGAL DESCRIPTION CROSS ACCESS EASEMENT PART OF THE N1/2 NW1/4 NW1/4 NW1/4 OF SECTION 12, T-1-S, R-13-W, LITTLE ROCK, PULASKI COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID N1/2 NW1/4 NW1/4 NW1/4; THENCE S01'32'55"W, 45.91 FT. TO A POINT ON THE SOUTH RIGHT-OF-WAY LINE OF MABELVALE CUT-OFF ROAD; THENCE S01'32'56'W, 284.06 FT. TO A FOUND 5/8" REBAR; THENCE N88'10'12'°W, 442.25 Ff.; THENCE N01'39'03"E, 281.74 Fr. TO A POINT ON THE SOUTH RIGHT-OF-WAY LINE OF MABELVALE CUT-OFF ROAD; THENCE N8T46'36E ALONG SAID SOUTH RIGHT-OF-WAY LINE, 28.49 FT.; THENCE S88'20'57 E ALONG SAID SOUTH RIGHT-OF-WAY LINE, 99.77 FT. TO THE POINT OF BEGINNING; THENCE CONTINUING S88'2D'57"E ALONG SAID SOUTH RIGHT-OF-WAY LINE, 36-00 FT.; THENCE S01'39'03"W, 236.00 FT.; THENCE N88'20'57'W, 36.00 FT.; THENCE N01'39'03"E, 170.00 FT.; THENCE N88'20'57�W, 128.25 FT.; THENCE ND1'39'03'E, 25.00 FT.; THENCE S88'20'57" E, 128.25 Fr.; THENCE N01'39'03" E, 41.00 FT. TO THE POINT OF BEGINNING, CONTAINING 11,732 SQ. Fr. MORE OR LESS. EXHIBIT D DEPICTION OF ACCESS POINTS S88.21 '42" E N89.46'36" E -- 118.85' 31.26' 28.49' I 3" E �� !8 • , f H ACCESS PflIFtTS ^ LOT 1 I UNRECORDED 47,905 SO FT./ 1.0997 AC. W O � n m M OO N } i C01Rh'C7_FO YLA'f_OF LOT 2 b CHICOT NW:A AN AUNTION TO THE CITY OF '_' G77f.S ROCK.. ARKANSAS i WERE r ,���7' :w •��� f',�,•rZ �... � �'"5ER�..Ys�.._'^'1st�.- 2009046488 Received: 7/9/2009 2:35:33 PM Recorded: 07/09/2009 02:42:05 PM Filed & Recorded in Official Records of PAT O'BRIEN PULASKI COUNTY CIRCUIT/COUNTY CLERK Fees $25.00 PREPARED BY AND RETURN FILED OR RECORDED COPY TO: Timothy W. Grooms, Esq. QUATTLEBAUM, GROOMS, TULL & BURROW PLLC 111 Center Street, Suite 1900 Little Rock, Arkansas 72201 501-379-1700 CORRECTED BILL OF ASSURANCE [To correct the legal description contained in the Bill of Assurance recorded as Instrument No. 2009034976, May 27, 2009.1 KNOW ALL MEN BY THESE PRESENTS: .;Ire'►, V THAT WHEREAS, the Chicot NWA Properties LLC, hereinafter called "Grantor," is the owner of the following described property: LEGAL DESCRIPTION LOT 2 PART OF THE N1/2 NW1/4 NW1/4 NW1/4 OF SECTION 12, T-1—S, R-13—W, LITTLE ROCK, PULASKI COUNTY, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHEAST CORNER OF SAID N1/2 NW1/4 NW1/4 NW1/4; THENCE S01'32'55"W, 45.91 FT. TO A POINT ON THE SOUTH RIGHT—OF—WAY LINE OF MABELVALE CUT—OFF ROAD; THENCE S01'32'55"W, 284.06 FT. TO A FOUND 5/8" REBAR; THENCE N861012"W, 296.00 FT. TO THE POINT OF BEGINNING; THENCE N8910' 12"W, 146.25 FT.; THENCE N01'39'O3" E, 281.74 FT. TO A POINT ON THE SAID SOUTH RIGHT—OF—WAY LINE OF MABELVALE CUT—OFF ROAD; THENCE N89'46'36"E ALONG SAID SOUTH RIGHT—OF—WAY LINE, 28.49 FT.; THENCE S88'20'57" E ALONG SAID SOUTH R1GHT—OF—WAY LINE, 117.77 FT.; THENCE S01'39'OYW, 283.13 FT. TO THE POINT OF BEGINNING, CONTAINING 41,361 SO- Fr. OR 0.9495 ACRES MORE OR LESS. NOW, THEREFORE, the Grantor has caused the land to be surveyed by White-Daters & Associates, Inc., and a plat made thereof, identified by the title "Corrected Plat of Lot 2, Chicot NWA, An Addition to the City of Little Rock, Arkansas." The plat bears the signatures and seal of Timothy E. Daters, Registered Professional Engineer, Paul M. White, Registered Land Surveyor, the signature of the Grantor, bears a Certificate of Approval executed by the Little Rock Bill of Assurance — Lot 2, Chicot NWA Page 1 Planning Commission, and is filed for record as Plat #2009gk in the Records of the Circuit county Clerk of Pulaski County, Arkansas. The filing of the plat for record shall constitute a complete and valid delivery of any and all easements and rights -of -way shown on the Plat. The lands embraced in the plat shall be forever known as Lot 2, Chicot NWA, An Addition to the City of Little Rock, Arkansas, and every deed of conveyance shall bear the lot designations as indicated on the plat. Use of the property described herein is subject to all applicable Building Codes and Zoning and Subdivision Ordinance regulations for the City of Little Rock and pertaining to the current zoning classification of the subject lot. WITNESS the signature of the Grantor effective the 27th day of May, 2009 CHICOT NWA PROPERTIES, LLC an Arkansas limited liability company BKy.y,.-,. ,dJames A Matthews Title: Manager e• APPROVED: CITY OF LITTLE ROCK ARKANSAS PLANNING COMMISSION By: r Print Name:, , Title: Date: Reviewed only for inclusion of minimum standards required by the city of Little Rock subdivision regulations. Bill of Assurance provisions established by the developer may exceed minimum regulations of the Little Rock subdivision and zoning ordinances. Bill of Assurance — Lot 2, Chicot NWA Page 2 STATE OF ARKANSAS ) ) ss. ACKNOWLEDGMENT COUNTY OF PULASKI ) On this day, before me, the undersigned, a Notary Public, duly commissioned, qualified and acting within and for said County and State, appeared in person the within named JAMES A. MATTHEWS, and being the person authorized to execute such instrument, stating his capacity in that behalf, to me personally well known, who stated that he is the Manager of CHICOT NWA PROPERTIES, LLC, an Arkansas limited liability company and was duly authorized to execute the foregoing instrument for and in the name and behalf of said company, and further stated and acknowledged that he had so signed, executed and delivered said foregoing instrument for the consideration, uses and purposes therein mention and set forth. 1N TESTIMONY WHEREOF, I have hereunto set my hand and official seal this day of .2009. Notary Public My Commission Expires: auCE HICKS Pulaski County My Commission Expires February 1, 2012 Bill of Assurance — Lot 2, Chicot NWA Page 3