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PARKING EAS AND LICENSE AGREE1V NT I <br /> <br />52 <br /> <br /> This Parking Easement and Lie seAgreen t I ("Agreement I") <br />is made and entered into this ~day of~ , 1993, by <br />and between the City of University City, a bo~dpolitic and <br />corporate of the State of Missouri (the "City") and Louis London, <br />Inc., a Missouri corporation ("London"). <br /> <br />RECITALS: <br /> <br /> A. The City is the owner of record of certain real estate in <br />the City of University City, County of St. Louis, State of <br />Missouri, more particularly described in Exhibit A attached hereto <br />and incorporated herein by this reference, which real estate is <br />presently improved as a surface parking lot (the "Loop Parking <br />Lot"). <br /> <br /> B. London is the owner of record of certain real e~te in <br />the City of University City, County of St. Louis, State of <br />Missouri, co~nnonlyknownand numbered as 6665 Delmar Boulevard, and <br />which is more particularly described in Exhibit B attached hereto <br />and incorporated herein by this reference (the "Londont, Property"). <br /> <br />vehicles <br />Property. <br /> <br />London desires to secure certain rights for parking of <br />on the Loop Parking Lot for the benefit of the London <br /> <br /> D. The City is willing to grant such rights on the terms and <br />conditions set forth herein. <br /> <br /> In consideration of the foregoing recitals, the sum of Ten <br />Dollars ($10.00) and other valuable considerations, receipt and <br />sufficiency of which are hereby acknowledged by the City, the <br />parties hereto agree as follows: <br /> <br /> 1. Grant of the London Parking Lot and London Parkin~ Stall <br />Easements. The City, for itself and on behalf of its successors in <br />title to the Loop Parking Lot, hereby grants to London, for itself <br />and for its successors in title to the London Property, for the <br />benefit of the London Property, and asanappurtem~nce thereto, two <br />exclusive easements having the duration set forth herein, on the <br />terms and conditions set forth herein, and subject to the <br />provisions hereof, on, over and across those portions of the Loop <br />Parking Lot, more particularly described in Exhibit C the "London <br />Lot" and Exhibit D the "London Parking Stalls" which are attached <br />hereto and incorporated herein by this reference for the purposes <br />set forth below. The easements granted by this paragraph are <br />hereinafter sometimes collectively referred to as the "London <br />Parking Easements". <br /> <br /> no 9639 P G[ 801 <br /> <br /> <br />