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-2 - <br />127860932.2 0073013-00075 <br />has made no such determination as to the Rights, if any, that burden and/or encumber any real <br />property other than the Property. This Termination does not affect Rights that burden and/or <br />encumber any real property other than the Property and such Rights remain in full force and effect. <br />D.The City has determined that it no longer needs the Unneeded Rights, and now <br />desires to release all right, title and interest in and to the Unneeded Rights, and to terminate the <br />Unneeded Rights in their entirety, effective as of the recording of this Termination in the records <br />of Snohomish County, Washington (“Effective Date”). <br />NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of <br />which is hereby confirmed, effective as of the Effective Date, the City hereby (i) releases the City’s <br />entire interest in, to and under the Unneeded Rights to the owner of the Property, and (ii) terminates <br />the Unneeded Rights in their entirety. Nothing in this Termination is intended to affect the right, <br />title, or interest of the City outside of the Property, including, without limitation, the Rights to the <br />extent they burden and/or encumber any property other than the Property. This Termination shall <br />not effect a termination, waiver, or abandonment of any Rights to the extent they burden and/or <br />encumber any property other than the Property, and such Rights are hereby reaffirmed and ratified. <br />[No further text.]