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WHEREAS, pursuant to Section B of the April 4, 2002 Settlement Agreement for Board <br /> of Appeals No. 01 -28 and Subdivision No. 2000 -72 of applicant Surety Kohala Corporation, <br /> entered into by and between Surety Kohala Corporation, a Hawaii corporation, Grantor's <br /> predecessor -in- interest, and Grantee, the execution and delivery to the County of Hawaii of this <br /> Grant of Public Access Easement shall constitute full and final compliance with all mauka -makai <br /> and /or lateral public pedestrian and /or vehicular access requirements for the Project of Section <br /> 46 -6.5, Hawaii Revised Statutes (FIRS), Chapter 205A, FIRS, Chapter 343, HRS, Ala Loa and <br /> Ala Kahakai, Chapters 23 (Subdivision) and 34 (Public Access), Hawaii County Code, and <br /> Planning Department Rule 21 relating to Public Access: Usage, including but not limited to the <br /> restrictions on use provided hereinbelow. <br /> NOW, THEREFORE, Grantor and Grantee agree as follows: <br /> THAT THE Grantor, for and in consideration of the sum of TEN AND NO /100 <br /> DOLLARS ($10.00) paid by Grantee, the receipt whereof is hereby acknowledged, and in further <br /> consideration of the covenants and conditions herein contained by Grantee to be observed and <br /> performed, does hereby bargain, sell, assign and grant unto the said Grantee, and its successors <br /> and assigns, perpetual and nonexclusive right and easement in, upon, through, over, under and <br /> across the Grantor's Project for lateral pedestrian public access purposes and as indicated <br /> thereon, including without limitation, the construction, reconstruction, installation, maintenance, <br /> operation, replacement and repair of improvements constructed for said purposes ( "Easement <br /> Area "), as follows: <br /> Easement 83 being 10 -feet wide within a 40 -foot wide corridor <br /> measured from top edge of cliff, containing an area of <br /> approximately 1.319 acres, for pedestrian public access purposes <br /> affecting Lot 305, as shown on Map 68, Land Court Application <br /> 1120, as more particularly described in Exhibit A and depicted on <br /> Exhibit B, attached hereto and incorporated by reference herein. <br /> As used herein, the term "pedestrian public access" shall mean and be limited to uses <br /> allowed by the public pedestrian access usage regulations as provided in Planning Department <br /> Rule 21, Public Access: Usage. <br /> - 3 - <br />