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- RESTRICTIVE COVCNA~T (FORM)
KNOt~I ALL MEN IIY TfiESE PRES~NTS that Ocean Gardens, Inc.
- dnd _ Alison Fiortgage Investment Trust ,
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the owner(s) and mortgagee (s) of the following described lands in St.
.Lucie Countv, Florida, to-wit:
See Exhibit "A" Attached •
for and in consideration of the issuance af building permits to
said owrier(s) for the construction of buildings on said land in _
~.accordance ~~ith the site plan approved by the Board of County
Commissioners of St . Lucie County on Auqust ~6. 1973 , a copy
of said site plan being on file in the Office of the Building &
Zoning Department of said county, do hereby covenant and agree:
1. Not to construct any dwelling units or hotel or motel
units on said land not shocan on said approved site plan.
2. ~tot to construct any other buildings on said land not
shown on said approved site plan or on a later site pZan approved
by said Board of County Commissioners.
3. That the following persons, f~.rms and/or corporations
constitute all of the ocaner(s) and mortgagee(s) having a legal
interest in the above described property as of the date of execution
hereo~:
~ OiVNER ( S): Ocean Gardens, Inc .
` 6250 Westpark, Suite 200
Houston, Texas 7702?
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MORTGAGEE (S) : Alison Mortgage Investment Trust
` 10960 Wilshire Blvd., Suite 2100
; Los Angeles, California 90024
These restrictions shall be a covenant running with the Iand
and shali rernain in full force and eFfect and be binding upon said ;
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