ARTICLE XVIII

Section 1. The Corporation is the fee owner of all the Land within the Ranch, and reserves to itself a permanent and exclusive easement and right-of-way over the entire Ranch property for any and all purposes, including but not limited to the following:

(a) The perpetual right to enter at any time and from time to time and to install, maintain, inspect, protect, repair, rebuild, replace, remove or otherwise operate any and all water lines and other utility lines which the Corporation elects to install, maintain and operate, including the right to install additional pipes, valves, fixtures, wires, cables and other necessary lines and appurtenances as the Corporation may deem necessary in order to repair, maintain, alter or improve said water or utility lines or other subterranean lines such as gas, electrical or telephone lines as such improvements are deemed necessary by the Corporation.

(b) A perpetual right of access to enter and cross at any time roadways, streets, pathways, bridges or other means of thoroughfare.