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<br />" '\ <br /> <br />WHEN RECORDED MAIL TO: <br /> <br />DOC # 2008-0224357 <br /> <br />05/01/2008 08:00R Fee:NC <br />Page 1 of 10 <br />Recorded in Offic~al Records <br />County of Riverside <br />Larry W. Ward <br />Assessor, County Clerk & Recorder <br /> <br />111111'111111111111 11111111111111111111111111111111 1111 <br /> <br />City Clerk <br />City of Riverside <br />City Hall, 3900 Main Street <br />Riverside, California 92522 <br /> <br />APN No.: Portions of234-101-055 <br />and 234-101-049 <br /> <br /> <br />426 <br /> <br /> <br />EXAM <br /> <br />s <br /> <br />R <br /> <br />u <br /> <br />SIZE DA Mise LONG RFD COpy <br /> <br />ADDRESS: 9696 Magnolia Avenue <br /> <br />COVENANT, AGREEMENT AND GRANT OF EASEMENT <br />FOR INGRESS, EGRESS, AND PARKING <br /> <br />THIS COVENANT, AGREEMENT AND GRANT OF EASEMENT is made and <br />entered into this 18 day of fY1 CJ!J'e It ,2008, by Jagged Edge Corporation, a <br />California corporation, hereinafter referred to as "Declarant", with reference to the following <br />facts: <br /> <br />A. Declarant is the fee owner of a parcel of real property, hereinafter referred to <br />as Parcell, located in the City of Riverside, State of California, described as Assessor's Parcel <br />Number 234-101-055. <br /> <br />B. The Redevelopment Agency of the City of Riverside, a California public <br />entity, hereinafter referred to as "Agency" is the fee owner of adjacent parcels of real property, <br />hereinafter referred to as Parcel 2, located in the City of Riverside, State of California, described <br />as Assessor's Parcel Numbers 234-101-049, 234-101-028 and 234-101-050. Parcels 1 and 2 are <br />hereinafter collectively referred to as the "Parcels". <br /> <br />C. Declarant and Agency have agreed that Agency will convey a portion of <br />Parcel 2 to Declarant, while reserving therefrom a non-exclusive easement for ingress, egress <br />and parking for the mutual use and benefit of, and as an easement appurtenant to, the Parcels; <br />and that Declarant will establish a non-exclusive easement over a portion of Parcel 1 for ingress, <br />egress and parking for the mutual use and benefit of, and as an easement appurtenant to, the <br />Parcels ("Agreement"). The property subject to the easement reserved by Agency and the <br />easement established herein by Declarant shall collectively be referred to as the "Property," and <br />is specifically described in Exhibit A, attached hereto and incorporated herein by reference. <br /> <br />1 <br />