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HomeMy WebLinkAbout3608 soever; and that said land is Free of all encumbrances, except taxes accruing subsequent to December 31, 1971. This conveyance is subject to the following restric- tions, conditions, covenants and reservations which are specifi- caily imposed on the land ~onveyed above. ' 1. The real property conveyed herein shall be used exclusively for marine research, scientific and educational purposes. Grantee shall not use the property for a commercial shipyard provided always that grantee may use the property for repair, renovation, alteration or maintenance of vessels. vehicles, or equipment used in or related to the operation of ~r~ m~ri~e research, scientific and educational activities. 2. No building shall be constructed nearer than 50' to the bulkhead line of the channel situate on the property herein conveyed. 3. The height of any building constructed on the property conveyed herein shall not exceed two stories. . 4. Grantee shall not erect buildings or other appurtenances on more than 50% of the available dry land situate on the premises conveyed herein. 5. The grantee, its successors or assigns, at its sole expense, shall maintain the roadway over the easements described under Parcel A and Parcel B above in good mainten- ance and repair. 6. The grantee, its successors and assigns, at its sole expense, shall maintain that portion of the channel situate on the property described in Parcel B above, to include but not be limited to the channel bed, waterway and bulkheads, in a state of good maintenance and repair, in accordance with the accepted practices, specifications and requirements of the United States Army Corps of Engineers and other federal, state or local authorities having jurisdiction over said channel. The channel shall be maintained to a maximum depth of 12' (or such lesser -3- at~?,~V~ i~tr lrJc) ~ . .