INCLINE BEACH DEED, 1968:
 
THIS INDENTURE, made this 4th day of June 1968 between Village Development Co, formerly known as Crystal Bay Development Co, a Nevada Corporation, party of the first part, (hereinafter referred to as “Grantor”), and INCLINE VILLAGE GENERAL IMPROVEMENT DISTRICT, a quasi-municipal corporation organized and existing pursuant to the provisions of the General Improvement District Law, Chapter 318, Nevada Revised Statutes, a party of the second part (hereinafter referred to as “Grantee”).
 
WITNESSETH:
 
That the said part of the first part, for and in consideration of the sum of ten dollars ($10.00), lawful money of the United States, to it in hand paid by the said party of the second part, the receipt whereof is umpng occupants of motels and hotels) within the Incline Village General Improvement 
District as now constituted, and, as the Board of Trustees of said District may determine, the guests of such property owners, and for such
other purpose as are herein expressly authorized.
 
This covenant shall be in perpetuity, shall be binding upon the successors and assigns of grantee, shall run with and be a charge against the land herein described, shall be for the benefit of each parcel of real property located within the area presently designated and described as Incline Village General Improvement District and shall be enforceable by the owners of such parcels and their heirs, successors and assigns; provided, however, that the Board of Trustees shall have authority to levy assessments and charges as in as provided by law, and to control, regulate, maintain, and improve said property as in its sole discretion it shall deem reasonable and necessary to effectuate the purposes herein mentioned; and provided, further, the said District shall have the right to use the real property described for the maintenance and operation of the water pumping facilities now located thereon and such other utility facilities necessary to the operation of the District.
 
Grantor, for the benefit of itself and its successors and assigns in the ownership of real properties located within the presently constituted boundaries of Incline Village General Improvement District, and for the benefit of all other owners of property located within said boundaries, and their respective successors and assigns in such ownership, hereby specifically reserves an easement to enter upon the above described real property and to use said real property for the recreational uses and purposes specified here. Said District shall have the authority to impose reasonable rules, regulations, and controls upon the use of said easement by the owners thereof.
 
The easement hereby created and reserved shall be appurtenant to all properties located within the Incline Village General Improvement District, as said District is now constituted. Such easement may not be sold, assigned or transferred in gross, either voluntarily or involuntarily, but shall pass with any conveyance of real properties within said District as now constituted.
 
In witness whereof, the said party of the first part has hereunto set its hand and seal the day and year first above written.:
 
Attest:
 
IVGID:
George G. Sayer, President
David L. Chamberlin, Secretary