Exhibit 4.28
Execution Version
THIRD SUPPLEMENTAL INDENTURE TO FIRST MORTGAGE AND DEED OF TRUST
ITC MIDWEST LLC
TO
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as successor to THE
BANK OF NEW YORK TRUST COMPANY, N.A.
BANK OF NEW YORK TRUST COMPANY, N.A.
Trustee
Dated as of December 15, 2008
Supplementing the First Mortgage and Deed of Trust and First Supplemental Indenture, dated as
of January 14, 2008,
of January 14, 2008,
and the Second Supplemental Indenture, dated as of December 15, 2008
From ITC MIDWEST LLC to THE BANK OF NEW YORK MELLON TRUST COMPANY,
N.A., as successor to THE BANK OF NEW YORK TRUST COMPANY, N.A., Trustee
N.A., as successor to THE BANK OF NEW YORK TRUST COMPANY, N.A., Trustee
THIS INSTRUMENT CONTAINS AFTER-ACQUIRED PROPERTY PROVISIONS
This is a mortgage amendment as defined in Minnesota Statutes, section 287.01, subdivision 2, and as such it does not secure a new or increased amount of debt.
THIRD SUPPLEMENTAL INDENTURE (this “Third Supplemental Indenture”), dated as of December 15, 2008, between ITC MIDWEST LLC, a limited liability company organized and existing under the laws of the State of Michigan (the “Company”), having its principal office at 27175 Energy Way, Novi, Michigan 48377, and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (as successor to The Bank of New York Trust Company, N.A.), a national banking association, as trustee (in such capacity, the “Trustee”), the office of the Trustee at which on the date hereof its corporate trust business is principally administered being 2 N. LaSalle, Suite 1020, Chicago, Illinois 60602.
RECITALS OF THE COMPANY
WHEREAS, the Company has heretofore executed and delivered to the Trustee a First Mortgage and Deed of Trust, dated as of January 14, 2008 (the “Mortgage Indenture”), encumbering the real property interests identified in Exhibit A attached thereto and providing for the issuance by the Company from time to time of its bonds, notes or other evidences of indebtedness (in the Mortgage Indenture and herein called the “Securities”) to be issued in one or more series and to provide security for the payment of the principal of and premium, if any, and interest, if any, on the Securities;
WHEREAS, the Company has heretofore executed and delivered to the Trustee a First Supplemental Indenture, dated as of January 14, 2008 (the “First Supplemental Indenture”), encumbering the real property interests identified in Exhibit A attached thereto, supplementing and modifying the Mortgage Indenture as described therein;
WHEREAS, the Mortgage Indenture and the First Supplemental Indenture have been recorded in the offices set forth in Schedule 1 attached hereto as the document of record;
WHEREAS, the Company has simultaneously herewith executed and delivered to the Trustee a Second Supplemental Indenture, dated as of December 15, 2008, encumbering the real property interests identified in Schedule 1 and Exhibit A attached thereto, supplementing and modifying the Mortgage Indenture (as supplemented and modified) as described therein, and such Second Supplemental Indenture has been recorded in the offices identified in Schedule 1 attached thereto immediately prior to the recording of this Third Supplemental Indenture encumbering the real property interests identified in Schedule 1 and Exhibit A attached hereto;
WHEREAS, Section 14.01(j) of the Mortgage Indenture provides that the Company and the Trustee may, without the consent of Holders of Securities, enter into a supplemental indenture to cure any ambiguity, to correct or supplement any provision in the Mortgage Indenture which may be defective or inconsistent with any other provision therein, or to make any other additions to, deletions from or other changes to the provisions under the Mortgage Indenture, provided that such additions, deletions and/or other changes shall not adversely affect the interests of the Holders of Securities of any series or Tranche in any material respect;
WHEREAS, the Company, in the exercise of the power and authority conferred upon and reserved to it under the provisions of the Mortgage Indenture and pursuant to appropriate limited liability company authorization, has duly determined to make, execute and
2
deliver to the Trustee this Third Supplemental Indenture to the Mortgage Indenture to amend and supplement the Mortgage Indenture as herein provided pursuant to Section 14.01(j) of the Mortgage Indenture; and
WHEREAS, all other acts and proceedings required by law and by the Mortgage Indenture to make this Third Supplemental Indenture a valid and binding agreement for the purposes expressed herein, in accordance with its terms, have been duly done and performed;
NOW, THEREFORE, in consideration of the premises and the covenants and agreements contained herein, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company and the Trustee hereby agree as follows:
1. Capitalized Terms. Capitalized terms used in this Third Supplemental Indenture and not otherwise defined shall have the meanings assigned to such terms in the Mortgage Indenture.
2. Amendments to Section 1.03. Sections 1.03(b)(ii)(B) and 1.03(b)(ii)(C) of the Mortgage Indenture are hereby amended by replacing the phrase “ten-sevenths (10/7)” with the phrase “three-halves (3/2).”
3. Effectiveness of Third Supplemental Indenture. This Third Supplemental Indenture shall be effective upon its execution by the parties hereto. This Third Supplemental Indenture and all of its provisions shall form a part of the Mortgage Indenture for all purposes, and every Holder of Securities heretofore or hereafter authenticated and delivered shall be bound hereby.
4. Continuing Effect of Mortgage Indenture. Except as expressly provided herein, all of the terms, provisions and conditions of the Mortgage Indenture shall remain in full force and effect in accordance with the provisions thereof, and the Mortgage Indenture is in all respects hereby ratified and confirmed.
5. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction hereof.
6. Successors and Assigns. All covenants and agreements in this Third Supplemental Indenture by the Company shall bind its successors and assigns, whether so expressed or not.
7. Severability. In case any provision in this Third Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
8. Benefit of Third Supplemental Indenture. Except as otherwise provided in the Mortgage Indenture, nothing in this Third Supplemental Indenture, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder, any benefit or any legal or equitable right, remedy or claim under this Third Supplemental Indenture.
3
9. Execution and Counterparts. This Third Supplemental Indenture may be executed in any number of counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.
10. Conflict with Mortgage Indenture. If any provision hereof limits, qualifies or conflicts with another provision of the Mortgage Indenture, such provision of this Third Supplemental Indenture shall control, insofar as the rights between the Company and the Holders are concerned.
11. Disclaimer. The recitals contained herein shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness and makes no representations as to the validity or sufficiency of this Third Supplemental Indenture.
12. Governing Law. This Third Supplemental Indenture shall be governed by and construed in accordance with the law of the State of New York.
4
IN WITNESS WHEREOF, the parties hereto have caused this Third Supplemental Indenture to be duly executed as of the day and year first above written
| ITC MIDWEST LLC | ||||
| By: | ITC Holdings Corp., as Sole Member | |||
| By: | /s/ Edward M. Rahill | |||
| Name: | Edward M. Rahill | |||
| Title: | Senior Vice President — Finance and Chief Financial Officer | |||
Drafted by:
David A. Stagliano
Milbank, Tweed, Hadley & McCloy LLP
1 Chase Manhattan Plaza
New York, NY 10005
Milbank, Tweed, Hadley & McCloy LLP
1 Chase Manhattan Plaza
New York, NY 10005
After Recorded, Return to:
The Bank of New York Mellon Trust Company, N.A.
2 N. LaSalle, Suite 1020
Chicago, Illinois 60602
Attention: Global Corporate Trust
2 N. LaSalle, Suite 1020
Chicago, Illinois 60602
Attention: Global Corporate Trust
[Signature Page to Third Supplemental Indenture]
| ACKNOWLEDGMENT | ||||||
| STATE OF MICHIGAN | ) | |||||
| ) | ss. | |||||
| COUNTY OF OAKLAND | ) |
On the 15th day of December 2008, before me, the undersigned notary public, personally came Edward M. Rahill, the Senior Vice President — Finance and Chief Financial Officer of ITC Holdings Corp., a corporation organized under the laws of the State of Michigan, the sole member of ITC Midwest LLC, a limited liability company organized under the laws of the State of Michigan, and acknowledged that he executed the foregoing instrument in his authorized capacity, and that by his signature on the instrument he, or the entity upon behalf of which he acted, executed the instrument
| /s/ Janet E. Reed | ||||
| By: | Janet E. Reed | |||
| Notary Public, State of Michigan | ||||
| County of Livingston My Commission Expires Aug. 26, 2014 Acting in the County of Oakland | ||||
| THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee | ||||
| By: | /s/ Roxane Ellwanger | |||
| Name: | Roxane Ellwanger | |||
| Title: | Assistant Vice President | |||
[Signature Page to Third Supplemental Indenture]
| ACKNOWLEDGMENT | ||||||
| STATE OF ILLINOIS | ) | |||||
| ) | ss. | |||||
| COUNTY OF COOK | ) |
On the 15th day of December 2008, before me, the undersigned notary public, personally came Roxane Ellwanger, the Assistant Vice President of The Bank of New York Mellon Trust Company, N.A., a national banking association, and acknowledged that she executed the foregoing instrument in her authorized capacity, and that by her signature on the instrument she, or the entity upon behalf of which she acted, executed the instrument.
 | /s/ Danita George | |||
| By: | Danita George | |||
| No. _________ | ||||
| Notary Public State of Illinois Qualified in Cook County My Commission Expires May 12, 2009 | ||||
Schedule 1
The recording information for the Mortgage Indenture and the First Supplemental Indenture is as follows:
| County | State | Mortgage Indenture | First Supplemental Indenture | |||
| Appanoose | IA | Doc. 2008-124 in Book 2008; Page 124 | Doc. 2008-125 in Book 2008; Page 125 | |||
| Benton | IA | Book 8; Page 291 | Book 8; Page 292 | |||
| Boone | IA | Doc. 080262 in Book 2008; Page 0262 | Doc. 080263 in Book 2008; Page 0263 | |||
| Buchanan | IA | Doc. 2008R00212 | Doc. 2008R00213 | |||
| Buena Vista | IA | Doc. 080166 | Doc. 080167 | |||
| Cerro Gordo | IA | Doc. 2008-391 | Doc. 2008-392 | |||
| Clarke | IA | Doc. 2008-0164 in Book 175A; Page 1 | Doc. 2008-0165 in Book 175B; Page 1 | |||
| Clayton | IA | Doc. 2008R00197 | Doc. 2008R00198 | |||
| Clinton | IA | Doc. 2008-00537 | Doc. 2008-00538 | |||
| Dallas | IA | Doc. 823 in Book 2008; Page 823 | Doc. 824 in Book 2008; Page 824 | |||
| Des Moines | IA | Doc. 2008-000259 | Doc. 2008-000260 | |||
| Dickinson | IA | Inst. 08-00303 in Book 358; Page 1 | Inst. 08-00304 in Book 359; Page 1 | |||
| Dubuque | IA | Doc. 005881650969 File 2008-00000799 | Doc. 005881660839 File 2008-00000800 | |||
| Emmet | IA | Doc. 2008-00133 | Doc. 2008-00134 | |||
| Greene | IA | Doc. 2008-0120 in Book 182; Page 1 | Doc. 2008-0121 in Book 183; Page 1 | |||
| Grundy | IA | Book 2008; Page 0174 | Book 2008; Page 0175 | |||
| Hamilton | IA | Doc. 2008-151 | Doc. 2008-152 | |||
| Hancock | IA | Inst. 08-0141 | Inst. 08-0142 | |||
| Hardin | IA | Doc. 2008-0248 | Doc. 2008-0249 | |||
| Iowa | IA | Doc. 2008-2278 in Book 840; Page 68 | Doc. 2008-2279 in Book 841; Page 1 | |||
| Jackson | IA | Doc. 08-244 in Book 2008; Page 244 | Doc. 08-245 in Book 2008; Page 245 |
| County | State | Mortgage Indenture | First Supplemental Indenture | |||
| Jasper | IA | Doc. 001695150969 File 2008-00000315 | Doc. 001695160839 File 2008-00000316 | |||
| Jefferson | IA | Doc. 2008-0157 | Doc. 2008-0158 | |||
| Johnson | IA | Doc. 021063550969 in Book 4254; Page 1 | Doc. 021063560839 in Book 4255; Page 1 | |||
| Jones | IA | Fee Book 2008-0178 | Fee Book 2008-0179 | |||
| Kossuth | IA | Doc. 2008-236 in Book 2008; Page 236 | Doc. 2008-237 in Book 2008; Page 237 | |||
| Lee (North) | IA | Doc. 2008-171 in Book 08N; Page 171 | Doc. 2008-172 in Book 08N; Page 172 | |||
| Lee (South) | IA | Doc. 2008-104 in Book 08S; Page 104 | Doc. 2008-105 in Book 08S; Page 105 | |||
| Linn | IA | Doc. 012890130969 Inst. 200800039315 in Book 6889; Page 1 | Doc. 012890140843 Inst. 200800039316 in Book 6890; Page 1 | |||
| Lucas | IA | Doc. 2008-0091 in Book 2008A; Page 1 | Doc. 2008-0092 in Book 2008B; Page 1 | |||
| Marshall | IA | Doc. 002901080969 File 2008-00000387 | Doc. 002901090839 File 2008-00000388 | |||
| Monroe | IA | Doc. 86 in Book 2008; Page 86 | Doc. 87 in Book 2008; Page 87 | |||
| Muscatine | IA | Doc. 2008-00387 | Doc. 2008-00388 | |||
| Osceola | IA | Doc. 20080080 in Book 2008; Page 80 | Doc. 20080081 in Book 2008; Page 81 | |||
| Pocahontas | IA | Doc. 2008-107 in Book 179; Page 1 | Doc. 2008-108 in Book 180; Page 1 | |||
| Poweshiek | IA | Doc. 0230 in Book 823; Page 1 | Doc. 0231 in Book 824; Page 1 | |||
| Ringgold | IA | Inst. 2008-00000091 in Book 327; Page 1 | Inst. 2008-00000092 in Book 328; Page 1 | |||
| Story | IA | Inst. 2008-00000615 | Inst. 2008-00000616 | |||
| Tama | IA | Doc. 2008-0238 in Book 817; Page 460 | Doc. 2008-0239 in Book 820; Page 289 | |||
| Union | IA | Doc. 00000140 in Book 911; Page 1 | Doc. 00000141 in Book 914; Page 1 | |||
| Van Buren | IA | Doc. 2008-48 in Book 142; Page 444 | Doc. 2008-49 in Book 143; Page 343 |
| County | State | Mortgage Indenture | First Supplemental Indenture | |||
| Wapello | IA | Doc. 2008-0275 in Book 2008; Page 0275 | Doc. 2008-0276 in Book 2008; Page 0276 | |||
| Wayne | IA | Inst. 08-0123 in Book 119; Page 670 | Inst. 08-0124 in Book 119; Page 1640 | |||
| Worth | IA | Fee Book 20080149 | Fee Book 20080150 | |||
| Adair | IA | File 08-0110 in Book 586; Page 304 | File 08-0111 in Book 589; Page 223 | |||
| Allamakee | IA | Doc. 2008-148 | Doc. 2008-149 | |||
| Audubon | IA | Doc. 08-0102 | Doc. 08-0103 | |||
| Black Hawk | IA | Doc. 2008014573 | Doc. 2008014576 | |||
| Bremer | IA | Doc. 20080230 | Doc. 20080231 | |||
| Butler | IA | Inst. 2008-0307 | Inst. 2008-0308 | |||
| Cass | IA | Doc. 2008 115 in Book 2008; Page 115 | Doc. 2008 116 in Book 2008; Page 116 | |||
| Cedar | IA | Doc. 2008-264 in Book 881; Page 1 | Doc. 2008-265 in Book 882; Page 1 | |||
| Chickasaw | IA | Fee Book 2008-0121 | Fee Book 2008-0122 | |||
| Clay | IA | Doc. 2008 190 in Book 2008; Page 190 | Doc. 2008 191 in Book 2008; Page 191 | |||
| Davis | IA | Doc. 2008-0069 in Book 142; Page 001 | Doc. 2008-0070 in Book 143; Page 001 | |||
| Decatur | IA | Book 2008; Page 0096 | Book 2008; Page 0097 | |||
| Delaware | IA | Doc. 2008 203 in Book 2008; Page 203 | Doc. 2008 204 in Book 2008; Page 204 | |||
| Fayette | IA | Doc. 2008 192 in Book 2008; Page 192 | Doc. 2008 193 in Book 2008; Page 193 | |||
| Floyd | IA | Doc. 2008-0173 in Book 2008; Page 0173 | Doc. 2008-0174 in Book 2008; Page 0174 | |||
| Franklin | IA | Inst. 20080199 | Inst. 20080200 | |||
| Guthrie | IA | Book 2008; Page 0226 | Book 2008; Page 0227 | |||
| Henry | IA | Doc. 0160 in Book 2008; Page 0160 | Doc. 0161 in Book 2008; Page 0161 | |||
| Howard | IA | Doc. 2008-1376 in Book 358; Page 1 and Book 359; Page 501 | Doc. 2008-1377 in Book 360; Page 1 and Book 361; Page 501 | |||
| Keokuk | IA | Fee Book 2008-0112 | Fee Book 2008-0113 |
| County | State | Mortgage Indenture | First Supplemental Indenture | |||
| Louisa | IA | Fee Book 2008-1338 | Fee Book 2008-1339 | |||
| Lyon | IA | Doc. 2008 212 in Book 2008; Page 212 | Doc. 2008 213 in Book 2008; Page 213 | |||
| Mahaska | IA | Doc. 2008-198 in Book 2008; Page 198 | Doc. 2008-199 in Book 2008; Page 199 | |||
| Mitchell | IA | Doc. 2008-112 in Book 2008; Page 112 | Doc. 2008-113 in Book 2008; Page 113 | |||
| Palo Alto | IA | Doc. 2008-121 in Book 2008; Page 121 | Doc. 2008-122 in Book 2008; Page 122 | |||
| Polk | IA | Doc. 020740580969 File 2008-00054845 in Book 12513; Page 1 | Doc. 020740590839 File 2008-00054846 in Book 12514; Page 1 | |||
| Scott | IA | Doc. 016584770969 File 2008-00001602 | Doc. 016584780839 File 2008-00001603 | |||
| Sioux | IA | File 2008; Card 437 | File 2008; Card 438 | |||
| Taylor | IA | Doc. 2008786 in Book 161; Page 8 | Doc. 2008787 in Book 161; Page 9 | |||
| Washington | IA | Doc. 08-0211 in Book 2008; Page 0211 | Doc. 08-0212 in Book 2008; Page 0212 | |||
| Webster | IA | Inst. 2008-335 | Inst. 2008-336 | |||
| Winneshiek | IA | Doc. 2008 197 in Book 2008; Page 197 | Doc. 2008 198 in Book 2008; Page 198 | |||
| Winnebago | IA | Fee Book 08-0076 in Book 2008; Page 0076 | Fee Book 08-0077 in Book 2008; Page 0077 | |||
| Wright | IA | Doc. 08-140 in Book 08; Page 140 | Doc. 08-141 in Book 08; Page 141 | |||
| Carroll | IL | Doc. 2008R-0150 in Book 924; Page 1 | Doc. 2008R-0151 in Book 925; Page 1 | |||
| Whiteside | IL | Doc. 410-2008 | Doc. 411-2008 | |||
| Jo Daviess | IL | Doc. 339743 | Doc. 339744 | |||
| Rock Island | IL | Doc. 2008-01374 | Doc. 2008-01375 | |||
| Cottonwood | MN | Doc. 255292 office of the Cottonwood County Recorder | Doc. 255293 office of the Cottonwood County Recorder | |||
| Faribault | MN | Doc. 342918 office of the Faribault County Recorder | Doc. 342919 office of the Faribault County Recorder |
| County | State | Mortgage Indenture | First Supplemental Indenture | |||
| Fillmore | MN | Doc. 362678 office of the Fillmore County Recorder | Doc. 362679 office of the Fillmore County Recorder | |||
| Freeborn Easement — Torrens | MN | Doc. 474468 office of the Freeborn County Recorder | Doc. 474469 office of the Freeborn County Recorder | |||
| Doc. 109689 office of the Freeborn County Registrar of Titles | Doc. 109690 office of the Freeborn County Registrar of Titles | |||||
| Jackson | MN | Doc. A251774 office of the Jackson County Recorder | Doc. A251775 office of the Jackson County Recorder | |||
| Le Sueur | MN | Doc. 353162 office of the Le Sueur County Recorder | Doc. 353163 office of the Le Sueur County Recorder | |||
| Mower | MN | Doc. A000565139 office of the Mower County Recorder | Doc. A000565140 office of the Mower County Recorder | |||
| Nobles | MN | Doc. A317292 office of the Nobles County Recorder | Doc. A317293 office of the Nobles County Recorder | |||
| Rock | MN | Doc. 168189 office of the Rock County Recorder | Doc. 168190 office of the Rock County Recorder | |||
| Steele | MN | Doc. A000354767 office of the Steele County Recorder | Doc. A000354768 office of the Steele County Recorder | |||
| Watonwan | MN | Doc. 207915 office of the Watonwan County Recorder | Doc. 207916 office of the Watonwan County Recorder | |||
| Blue Earth | MN | Doc. 481CR565 office of the Blue Earth County Recorder | Doc. 481CR566 office of the Blue Earth County Recorder | |||
| Brown | MN | Doc. 364356 office of the Brown County Recorder | Doc. 364357 office of the Brown County Recorder | |||
| Martin | MN | Doc. 2008R-392714 office of the Martin County Recorder | Doc. 2008R-392715 office of the Martin County Recorder | |||
| Olmsted | MN | Doc. A1157194 office of the Olmsted County Recorder | Doc. A1157195 office of the Olmsted County Recorder |
| County | State | Mortgage Indenture | First Supplemental Indenture | |||
| Murray | MN | Doc. 230354 office of the Murray County Recorder | Doc. 230355 office of the Murray County Recorder | |||
| Redwood | MN | Doc. A326435 office of the Redwood County Recorder | Doc. A326436 office of the Redwood County Recorder | |||
| Wabasha | MN | Doc. A286205 office of the Wabasha County Recorder | Doc. A286206 office of the Wabasha County Recorder | |||
| Winona | MN | Doc. 525959 office of the Winona County Recorder | Doc. 525960 office of the Winona County Recorder | |||
| Clark | MO | Doc. 28353 in Book 72; Page 37 | Doc. 28354 in Book 72; Page 38 |
Exhibit A
DESCRIPTION OF PROPERTIES
The following properties of the Company, owned as of the date hereof, have been acquired by the Company subsequent to the date of the Mortgage Indenture:
Benton County, IA
Electric Line Easement dated April 25, 2008, between Gerald L. Kaplan and Eileen K. Kaplan, husband and wife, collectively, as grantors, and ITC Midwest, LLC, a Michigan limited liability company, as grantee, and recorded on May 16, 2008, in the office of the recorder in Benton County, IA, in Book 8, Page 2391, covering the following described lands located in the County of Benton and the State of Iowa:
All that part of the Northwest Quarter (NW1/4) and of the West One-half (W1/2) of the Southwest Quarter (SW1/4) lying North and East of the public highway over and across same, in Section Eight (8), Township Eighty-four (84) North, Range Nine (9), West of the 5th PM., which lies South and Easterly of the following described line: Beginning at a point on the East line of the Northwest Quarter (NW1/4) of said Section Eight (8), said point being 1915.0 feet North of the Southeast Comer of said Northwest Quarter (NW1/4) of Section Eight (8); thence South 87° 30' West, a distance of 1264.1 feet; thence South 19° 47' West, a distance of 991.6 feet; thence South 8° 00' West, a distance of 472.8 feet; thence South 53° 17' West, a distance of 262.2 feet; thence South 16° 51 West, a distance of 483.2 feet; thence South 37° 50' West, a distance of 248.7 feet; thence South 43° 57' West, a distance of 450.3 feet; more or less, to the right of way line of the public road. (For the purpose of this description the East line of the Northwest Quarter (NW1/4) of said Section Eight (8) is taken as a true North-South line), excepting there from a tract of land described as follows: Beginning at the Southeast corner of the Northwest Quarter (NW1/4) of said Section Eight (8): thence due West along the South line of the said Northwest Quarter (NW1/4), 1445.70 feet; thence North 4° 23’ East, 641.00 feet; thence North 40° 18’ East, 983.96 feet; thence due East, 795.87 feet to the East line of the Northwest Quarter (NW1/4) of said Section Eight (8); thence South 1° 28' West along said East line, 1390.00 feet to the point of beginning; Except Parcel C in the Northwest Quarter (NW1/4) of the Southwest Quarter (SW1/4) of Section Eight (8), Township Eighty-four (84) North, Range Nine (9) West of the 5th P.M., per Survey recorded in Book 8. Page 84, and Except Parcel D in the Northwest Quarter (NE1/4) of the of the Southwest Quarter (SW1/4) of Section Eight (8), Township Eighty-four (84) North, Range Nine (9) West of the 5th P.M., per Survey recorded in Book 8, Page 85.
This easement is to replace an existing H-Frame Structure to an A-Frame Storm Structure located approximately 1000 feet East of the Center line of 29th Ave. along the South line of the Northwest quarter (NW1/4) as placed at time of construction
Benton County, IA
Electric Line Easement dated May 30, 2008, between Lawrence D. Fromelius, Trustee for the Lawrence D. Fromelius Trust, as grantor, and ITC Midwest, LLC, a Michigan limited liability company, as grantee, and recorded on June 24, 2008, in the office of the recorder in Benton County, IA, in Book 8, Page 3002, covering the following described lands located in the County of Benton and the State of Iowa:
That part of the Southeast Quarter of the Southwest Quarter of Section 19, Township 82 North, Range 12 West of the 5th P.M., Benton County, Iowa, described as follows:
Commencing at the North Quarter Corner of said Section 19; thence South 02°03'07" East 5198.41 feet along the East line of the West Half of said Section 19 to the South Quarter Corner thereof; thence South 89°11'35" West 670.00 feet along the centerline of 8th street; thence North 10°22'00" East 86.07 feet; thence North 79°38'00" West 14.50 feet to the point of beginning; thence continuing North 79°38'00" West 16.00 feet; thence North 10°22'00" East 32.00 feet; thence South 79°38'00" East 16.00 feet; thence South 10°22'00" East 32.00 feet to the point of beginning, containing 512 square feet. As per attached EXHIBIT A.
For the purpose of this description, the East line of the West Half of said Section 19 is assumed to bear South 02°03'07" East.
EXHIBIT A | Benton County, IA Book 8, Page 3002 |
Benton County, IA
Electric Line Easement dated May 30, 2008, between Lawrence D. Fromelius, Trustee for the Lawrence D. Fromelius Trust, as grantor, and ITC Midwest, LLC, a Michigan limited liability company, as grantee, and recorded on June 24, 2008, in the office of the recorder in Benton County, IA, in Book 8, Page 3003, covering the following described lands located in the County of Benton and the State of Iowa:
A strip of land 15.00 feet wide in the Southeast Quarter of the Southwest Quarter of Section 19, Township 82 North, Range 12 West of the 5th P.M., Benton County, Iowa, described as follows:
Commencing at the North Quarter Corner of said Section 19; thence South 02°03'07" East 5198.41 feet along the East line of the West Half of said Section 19 to the South Quarter Corner thereof; thence South 89°11'35" West 670.00 feet along the centerline of 8th Street; thence North 10°22'00" East 33.64 feet to the North right-of-way line of said 8th Street and the point of beginning; thence continuing North 10°22'00" East 160.00 feet and terminating at a line with an intersecting bearing of South 89°38'04" West, containing 2,400 square feet. As per attached EXHIBIT A.
The side lines of said strip of land to be extended or shorted to terminate at the North right-of- way line of 8th Street and the Northerly intersecting bearing.
EXHIBIT A | Benton County, IA Book 8, Page 3003 |
Cerro Gordo County, IA
Substation Site Easement Agreement (Primarily Transmission with Generation) dated December 20, 2007, between Interstate Power and Light Company, an Iowa corporation (“Grantor”) and ITC Midwest, LLC, a Michigan limited liability company (“Grantee”), and recorded on December 27, 2007, in the office of the recorder in Cerro Gordo County, IA, as Document No. 2007-10686, as amended by the Amendment to Substation Site Easement Agreement (Primarily Transmission with Generation) dated May 28, 2008, between Grantor and Grantee, and recorded on June 6, 2008, in the office of the recorder in Cerro Gordo County, IA, as Document No. 2008- 4040, covering the following described lands located in the County of Cerro Gordo and the State of Iowa:
PROPERTY CODE: 10930 — LIME CREEK
The North 660.0 feet of that portion of the Northeast Quarter of the Southeast Quarter of Section 4, Township 97 North, Range 20 West of the 5th P.M., lying Westerly of the Westerly right-of-way of the Chicago and Northwestern Railroad (formerly the Chicago and Great Western Railroad) and containing 14.22 acres.
Also that portion of the Northwest Quarter of the Southeast Quarter of Section 4, Township 97 North, Range 20 West of the 5th P.M. described as follows: Commencing at the Northwest corner of the Northwest Quarter of the Southeast Quarter; thence South 00°00'00" East 317.65 feet along the West line of said Northwest Quarter of the Southeast Quarter to the point of beginning; thence continuing South 00°00'00" East 100.00 feet along the West line of said Northwest Quarter of the Southeast Quarter; thence South 88°20'50" East 115.05 feet to the Easterly line of U.S. Highway #65; thence North 35°29'40" East 15.02 feet to a point on a line 405 feet Southerly from and parallel with the northerly line of said Northwest Quarter of the Southeast Quarter; thence South 88°20'50" East 1196.03 feet along said parallel line to the Easterly line of said Northwest Quarter of the Southeast Quarter: thence North 00°01'00" East 75.03 feet along the Easterly line of said Northwest Quarter of the Southeast Quarter to a point on a line 330 feet Southerly from and parallel with the Northerly line of said Northwest Quarter of the Southeast Quarter; thence North 88°20'50" West 1196.05 feet along said parallel line; thence North 34°24'30" West 15.44 feet to said Easterly line of U.S. Highway #65; thence North 88°20'50" West 115.05 feet to the point of beginning; subject to existing public right-of-way along the west side thereof and containing 2.34 acres: also subject to easement granted by Interstate Power Company to Sue Ann Dougan and assigns across said 2.34 acre tract from North to South at any and all points along the boundaries of said parcel, dated March 4, 1970, recorded March 9, 1970, in Misc. Record “AE” Page 163, Records of Cerro Gordo County Recorder; together with the right of direct access to and from this property onto Primary Highway U.S. #65 at Station 194+93.05 by Permit Number 2-577 from the Iowa State Highway Commission dated March 27, 1970 recorded April 6, 1970 in Book “AE” of Misc., Page 215, records of Cerro Gordo County, Iowa.
Said easement is confined to an area approximately 550 FEET BY 300 FEET, which is limited to the now existing substation site as generally shown on the attached Exhibit A, which by this reference is made a part hereof.
EXHIBIT A | Cerro Gordo County, IA |
Greene County, IA
Electric Line Easement dated August 21, 2008, between West Central Cooperative, an Iowa Cooperative Association, as grantor, and ITC Midwest, LLC, a Michigan limited liability company, as grantee, and recorded on September 4, 2008, in the office of the recorder in Greene County, IA, as File No. 2008-1596, in Book 27, Page 172, covering the following described lands located in the County of Greene and the State of Iowa:
Lot C of Lot 28, of the Northwest Quarter (NW1/4) of the Southwest Quarter (SW1/4) of Section 33, Township 84 North, Range 29 West of the 5th P.M., Greene County. Iowa, according to Plat of Survey in Book 110, on Page 215
The easement area being a strip of land Twenty-five (25) feet on each side of the centerline of the electric line, placed at time of construction, located North of 217th Street and East of Highway 144.
Greene County, IA
Overhang Easement dated October 8, 2008, between Ralph A. Miller and Wei Miller, husband and wife, collectively, as grantors, and ITC Midwest, LLC, a Michigan limited liability company, as grantee, and recorded on October 24, 2008, in the office of the recorder in Greene County, IA, as File No. 2008-1912, in Book 27, Page 200, covering the following described lands located in the County of Greene and the State of Iowa:
The easement area being the South 25 feet of the following described property:
Lot Six (6), that part in the Northwest Quarter (NW ¼) of the Northwest Quarter (NW ¼) of Section Nine (9), Township Eighty-three (83) North, Range Twenty-nine (29) West of the 5th P.M., Greene County, Iowa
Mitchell County, IA
Electric Line Easement dated May 22, 2008, between Sandra E. Koenigs, as grantor, and ITC Midwest, LLC, a Michigan limited liability company, as grantee, and recorded on August 18, 2008, in the office of the recorder in Mitchell County, IA, as Document 2008 1580, in Book 2008, Page 1580, covering the following described lands located in the County of Mitchell and the State of Iowa:
A permanent easement for transmission line 180 feet in width over, across and upon that part of the Southeast Quarter of the Northeast Quarter of Section 16, Township 100, Range 15 West of the 5th P.M., Mitchell County, Iowa:
which lies 90 feet on each side of the following described centerline of the transmission line; commencing at the Northwest corner of said Southwest Quarter of the Northwest Quarter; thence South 00°14'00" East 475.65 feet along the East line of said Northeast Quarter to the point of beginning for the centerline of the transmission line to be described; thence North 75°00'00" West 326.37 feet to the centerline of an existing transmission line easement recorded as Document No. 4471 in Book Z of Miscellaneous, Page 70 on November 23, 1964 in the Office of the County Recorder, Mitchell County, Iowa and said centerline there terminating;
And which lies Northeasterly of an existing easement recorded as Document No. 4471 in Book Z of Miscellaneous, Page 70 on November 23, 1964 in the Office of the County Recorder, Mitchell County, Iowa.
It is intended that the sidelines of said easement be extended or shortened to intersect the East line of said Northeast Quarter and the Northeasterly line of the existing easement.
Subject to the Right of Way for the existing road along the East line of said Northeast Quarter.
Mitchell County, IA
Electric Line Easement dated July 25, 2008, between Timothy Koch and Lynda Koch, a married couple and joint tenants as to an undivided one-third interest, Colleen Jennings and Jeff Jennings, a married couple and joint tenants as to an undivided one-third interest, and Marilee Koch as to an undivided one-third interest, collectively, as grantors, and ITC Midwest, LLC, a Michigan limited liability company, as grantee, and recorded on August 18, 2008, in the office of the recorder in Mitchell County, IA, as Document 2008 1581, in Book 2008, Page 1581, covering the following described lands located in the County of Mitchell and the State of Iowa:
A permanent easement for transmission line 180 feet in width over, across and upon that part of the Southwest Quarter of the Northwest Quarter of Section 15, Township 100, Range 15 West of the 5th P.M., Mitchell County, Iowa:
which lies 90 feet on each side of the following described centerline of the transmission line; commencing at the Northwest corner of said Southwest Quarter of the Northwest Quarter, thence South 00°14'00" East 1328.72 feet along the West line of said Northwest Quarter to the Southwest corner of said Northwest Quarter thence North 89°14’06” East 655.15 feet to the point of beginning for the centerline of the transmission line to be described; thence North 00°06'58" West 473.32 feet; thence North 75°00'00" West 286.62 feet and said centerline there terminating;
And, which lies Southerly of the parcel described on the Plat of Survey recorded as Document No. 2007-2143, Book 2007, Page 2143 in the office of the Mitchell County Recorder, Mitchell County, Iowa.
It Is intended that the sidelines of said easement be extended or shortened to intersect the South line of said Northwest Quarter and the Southerly line of said parcel described on the Plat of Survey.
Mitchell County, IA
Electric Line Easement dated July 2, 2008, between Leo F. Jordan and Margaret H. Jordan, husband and wife, collectively, as grantors, and ITC Midwest, LLC, a Michigan limited liability company, as grantee, and recorded on August 18, 2008, in the office of the recorder in Mitchell County, IA, as Document 2008 1582, in Book 2008, Page 1582, covering the following described lands located in the County of Mitchell and the State of Iowa:
A permanent easement for transmission line 180 feet in width over, across and upon that part of the Northwest Quarter of the Southwest Quarter of Section 15, Township 100, Range 15 West of the 5th P.M., Mitchell County, Iowa:
which lies 90 feet on each side of the following described centerline of the transmission line: commencing at the Northwest corner of said Southwest Quarter of the Northwest Quarter; thence South 00°14'00" East 132872 feet along the West line of said Northwest Quarter to the Southwest corner of said Northwest Quarter; thence North 89°14'06" East 655.15 feet to the point of beginning for the centerline of the transmission line to be described; thence South 00°42'19" East 440.05 feet to the centerline of an existing transmission line easement recorded as Document No. 4470 in Book Z of Miscellaneous, Page 66 on November 23, 1964 in the Office of the County Recorder, Mitchell County, Iowa and said centerline there terminating;
And, which lies Northeasterly of an existing easement recorded as Document No. 4470 in Book Z of Miscellaneous, Page 66 on November 23, 1964 in the Office of the County Recorder, Mitchell County, Iowa.
It is intended that the sidelines of said easement be extended or shortened to intersect the North line of said Southwest Quarter and the Northeasterly line of said existing easement.
Story County, IA
Electric Line Easement dated July 30, 2008, between Ronald G. Huhn, as grantor, and ITC Midwest, LLC, a Michigan limited liability company, as grantee, and recorded on August 13, 2008, in the office of the recorder in Story County, IA, as Instrument No. 2008-00009193, covering the following described lands located in the County of Story and the State of Iowa:
The Southeast Quarter (SE1/4) of Section 15, Township 84 North, Range 21 West of the 5th P.M., Story County, Iowa.
The easement area being more particularly described as the South 25 feet of the North 61 feet of the East 726 of the Northeast Quarter (NE1/4) of the Southeast Quarter (SEI/4) of Section 15, Township 84 North, Range 21 West of the 5th P.M., Story County, Iowa. All in the above described property.