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DEDICATION DEED <br /> THIS DEED, made this day of 1996, by TRI OF <br /> WAIKOLOA, INC. a Hawaii corporation, whose principal place of business and mailing address <br /> is 220 S. King Street, Suite 680, Honolulu, Hawaii 96813, hereinafter called the "Grantor," and the <br /> COiJNTY OF HAWAII, a municipal corporation, whose principal place of business and mailing <br /> address is 25 Aupuni Street, Hilo, Hawaii 96720, hereinafter called the "Grantee," <br /> WITNESSETH: <br /> That in consideration of the sum of ONE DOLLAR ($1.00) and other valuable <br /> consideration paid by the Grantee, the receipt of which is hereby acknowledged, the Grantor does <br /> hereby grant, dedicate and convey unto the Grantee, its successors and assigns, forever, the real <br /> property described in Exhibit "A," attached hereto and made a part hereof. <br /> TOGETHER with the reversions, remainders, rents, issues and profits thereof, and <br /> all rights, easements, privileges and appurtenances thereunto belonging or appertaining, and all of <br /> the estate, right title and interest of the Grantor, both at law and in equity, therein and thereto. <br /> TO HAVE AND TO HOLD the same, unto the Grantee, for the purpose of roadway <br /> use, forever. <br /> AND, inconsideration of the premises, the Grantor does hereby covenant with the <br /> Grantee that the Grantor is seised of the property herein described in fee simple; that said property <br /> is free and cleaz of and from all liens and encumbrances, except as may herein specifically be set <br /> forth; that the Grantor has good right to sell and convey said property, as aforesaid; and that the <br /> Grantor will WARRANT and DEFEND the same unto the Grantee against the lawful claims and <br /> <br /> demands of all persons, except as aforesaid. <br /> 2 <br /> <br />