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HomeMy WebLinkAboutADM140006 Termination of Party Wall AgreementTERMINATION OF PARTY WALL AGREEMENT WHEREAS, Rockledge Real Estate LLC, a Colorado limited liability company, is the owner of real property legally described as Lot 3A, A Replat of a Portion of Block 7 Vail Village First Filing and Lot 2 of Raether Minor Subdivision, According to the Plat Recorded February 10, 2000 under Reception No. 722440, County of Eagle, State of Colorado ("Parcel 1 ") and real property legally described as Lot 3B, A Replat of a Portion of Block 7 Vail Village First Filing and Lot 2 of Raether Minor Subdivision, According to the Plat Recorded February 10, 2000 under Reception No. 722440 ("Parcel 2") (Parcel 1 and Parcel 2 are collectively referred to herein as the "Property"); WHEREAS, on January 2, 1992, a certain party wall agreement (the "Party Wall Agreement") affecting the Property was recorded in Book 569 at Page 938 in the Office of the Eagle County Clerk and Recorder; WHEREAS, pursuant to the Party Wall Agreement, the Party Wall Agreement may be revoked by the unanimous written consent of all owners and lienholders with a first mortgage or first deed of trust on any portion of the Property; WHEREAS, Rockledge Real Estate LLC is the sole owner of the Property and there are no lienholders with a first mortgage or first deed of trust on any portion of the Property; WHEREAS, Rockledge Real Estate LLC desires to revoke and terminate the Declaration; and WHEREAS, Rockledge Real Estate LLC desires that the real property records of Eagle County, Colorado contain documentation stating that the Party Wall Agreement has been revoked and terminated. NOW, THEREFORE, Rockledge Real Estate LLC, as owner of the Property, hereby revokes and terminates the Party Wall Agreement and hereby declares that the Party Wall Agreement shall be of no further force or effect on Parcel 1, Parcel 2, or any part of the Property. IN WITNESS WHEREOF, Rockledge Real Estate LLC has executed this Termination of Party Wall Agreement this_ day of , 2014. ROCKLEDGE REAL EST A TE LLC By:~~~~~~~~~~~~­ Name: ~~~~~~~~~~~~~~ Its: ~~~~~~~~~~~~~~~- ) STATE OF ------ ) SS. County of _________ ) The foregoing instrument was acknowledged before me this _______ day of ________ , 2014, by as the---------~ of ROCKLEDGE REAL EST A TE LLC. Witness my hand and official seal. My commission expires: Notary Public 2