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GRANT OF EASEMENT <br />THIS GRANT OF EASEMENT, made and entered into this day of <br />by and between the COUNTY OF HAWAPI, a municipal corporation <br />of the State of Hawaii, whose principal place of business and mailing address is 25 Aupuni Street, <br />Hilo, Hawaii 96720, hereinafter called the "Grantor," and the WATER BOARD OF THE COUNTY <br />OF HAWAPI, whose principal place of business and mailing address is 345 Kekuana6`a Street, <br />Suite 20, Hilo, Hawaii 96720, hereinafter called the "Grantee." <br />WITNESSETH: <br />WHEREAS, Grantor owns those certain premises located at Ka`ao, District of Hamakua <br />Honoka'a, Hawaii, Tax Map Key No. (3) 4-5-003:018; and <br />WHEREAS, Grantee desires to install a new water meter within certain areas of Grantor's <br />property; and <br />WHEREAS, Grantor desires to give the necessary consent upon the terms and conditions set <br />forth herein. <br />NOW, THEREFORE, in consideration of the premises and the mutual covenants and <br />agreements hereinafter contained, the Grantor and Grantee hereto agree as follows: <br />Demise and Description of Premises. The Grantor, in consideration of the sum of <br />One Dollar ($1.00) and other valuable consideration to it paid by the Grantee, the receipt of which is <br />acknowledged, and of the covenants herein contained and on the part of the Grantee to be observed <br />and performed, and upon and subject to the terms and conditions hereinafter set forth, does hereby <br />grant the following to Grantee: Perpetual easement with permission to install and maintain, repair and <br />replace the water meter and/or any other related improvements on premises owned by Grantor situate <br />at Honoka'a, County and State of Hawaii, said easement being more particularly described as <br />2 <br />