I-7 - Resolution 2025-057 - Approving Revised Escrow Agreement - 80-380 Commerce Park First Addition

for the Johnson County District Court. Either party may thereafter make application to the Court for distribution of such funds. The Lot 1 Owner may, as a third party beneficiary of this Agreement, file an appearance in such action and, pursuant to this Agreement or any separate agreement between Developer and the Lot 1 Owner, make claim to any such funds, provided, that, such claim is subordinate to the City’s rights to use the Escrow Amount to offset its costs in completing the Escrow Items. 10. This Agreement shall not be considered a lien on any lots in the Subdivision. [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]