TEMPORARY CONSTRUCTION EASEMENT AGREEMENT

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TEMPORARY CONSTRUCTION EASEMENT AGREEMENT This Temporary Construction Easement Agreement (the Agreement ) is made and entered into this 13th day of May, 2014 by and between the School Board of Manatee County (the "Grantor"), Florida, a public body corporate organized and existing under the laws of the State of Florida whose mailing address is P.O. Box 9069, Bradenton, FL 34206-9069 and Centex Homes (the "Grantee"), a Nevada General Partnership, whose mailing address is 24311 Walden Center Drive, Suite 300, Bonita Springs, FL 34134 with reference to the following recitals of fact: A. Grantor is the owner of a property that is adjacent to property owned by Grantee. B. Manatee County desires paved emergency and pedestrian access be provided between properties owned by Grantor and Grantee. C. Grantee has agreed to build such access improvements on Grantor s and Grantee s properties. D. Grantee has requested that Grantor provide a temporary construction easement to Grantee for the purpose of constructing such access improvements on Grantor s property for such access between Grantor s and Grantee s properties. E. Grantor and Grantee are entering into this Agreement to temporarily permit construction activities by Grantee to occur within the emergency and pedestrian access area of Grantors property in order to complete the improvements and to establish the terms and conditions thereof. NOW THEREFORE, for and in consideration of the terms and conditions set forth in this Agreement, Grantor and Grantee agree as follows: 1. Recitals. The Recitals set forth above are true and correct and shall form a part of this Agreement. 2. Grant of Easement. Grantor hereby grants, bargains, sells, and conveys unto Grantee a temporary construction easement to enter upon that portion of Grantor s real property described in Exhibit "A" attached hereto (the "Easement"), for the purpose of constructing the emergency access and pedestrian improvements described herein upon the terms and conditions set forth in this Agreement. 3. Conditions of Construction in Easement. Grantee shall improve the Easement by removal of a portion of the berm, construction of a 15 wide paved drive with automatic remote access gate, lockable pedestrian gate, sidewalk and ancillary improvements consistent with the intent and purpose of the Easement and as depicted on Exhibit "B" attached hereto. The cost of site approval, permitting, construction and maintenance of the improvements shall be the sole responsibility of Grantee. Grantee will provide construction plans to Grantor for review and approval, which shall not be unreasonably withheld. Grantee agrees that the improvements will be constructed in a professional Page 1 of 3

manner, and will comply with all applicable laws and regulations applicable to construction of the improvements and that all work shall be performed in such a manner that existing adjacent improvements will be left in same or like condition. Grantee will give Grantor at least fifteen (15) days notice prior to commencing initial construction of the improvements, and will diligently pursue construction of the improvements to completion. Grantee agrees that it will construct the improvements during the period of time that Braden River High School is not in session and in a manner which will not unreasonably interfere with the activities of the Grantor. 4. Term. This easement shall be for a term of one hundred eighty (180) days from the effective date, which is defined herein as the day and year first above written. 5. Insurance. Grantee agrees to obtain and continue at all times during the term of this Agreement a minimum of $1,000,000 insurance coverage for loss, damage, injury, or death arising from Grantee's construction activities within the Easement. Grantor shall be named as an additional insured. Grantee will provide Grantor with proof of such insurance upon the reasonable request of Grantor. 6. Indemnification. Grantee hereby agrees to indemnify Grantor and to hold Grantor harmless against all claims, demands, losses, damages or injury to personal property resulting from Grantee's construction, use and occupancy of the Easement. 7. Damage to Grantor s Property. Grantee shall not damage Grantor's property or improvements except as may be reasonably necessary to use the Easement for its intended purpose. Any unreasonable damage to Grantor's property or improvements shall be repaired by Grantee at Grantee's sole expense. 8. Warranty of Title. Grantor hereby covenants and warrants that it is lawfully seized of the land where the Easement is located, that it has right and lawful authority to grant and convey the Easement to Grantee, and that it will defend the Easement against the lawful claims of all persons whomsoever. 9. Nonexclusive Easement. The easement, rights, and privileges granted by this Agreement are nonexclusive, and Grantor reserves the right to grant or convey other easements or allow other uses that do not substantially conflict with Grantees use. 10. Reserved Rights of Grantor. Notwithstanding anything to the contrary set forth in this Agreement, Grantor reserves and shall continue to enjoy the use of the Easement area for any use and all purposes which do not interfere with or prevent the use of tile Easement by Grantee for its intended purpose. 11. Binding Effect. This instrument shall he binding upon and inure to the benefit of the parties hereto, their respective successors, transferees, and assigns. It is the expressed intent of the parties hereto that the Easement created by this Agreement shall run with the land. Page 2 of 3

12. Florida Law; Severability. This agreement shall be construed and enforced pursuant to Florida Law. If any provision of this Agreement is determined to be invalid or unenforceable, such provision shall be severed from the remaining provisions of this Agreement and the remaining provisions shall continue to be valid and enforceable. 13. Entire Agreement. This Agreement sets forth the entire understanding of the parties regarding the subject matter hereof. Any prior agreements, representations, understandings, and oral statements regarding the subject matter of this Agreement are merged herein and shall be of no further force or affect between the parties. 14. Headings. The paragraph headings in this Agreement are for convenience only and do not affect the meaning or scope of the provisions which follow them. IN WITNESS WHEREOF, Grantor and Grantee have caused this Agreement to be executed as of the day and year first above written. GRANTOR: The School Board of Manatee County, Florida a public body corporation By:, Julie Aranibar, Chair APPROVED AS TO LEGAL FORM AND SUFFICIENCY James D. Dye, Esq. Attorney for the School Board ATTEST: Rick W. Mills, Superintendent GRANTEE: Centex Homes, a Nevada General Partnership By:, Print Name:, Its:, Page 3 of 3