HomeMy WebLinkAbout0469 conditions, reservations, or restrictions, by reason of such breach,
all costs incurred in such enforcement including a reasonable fee
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for counsel shall be paid by the grantee, his heirs or assigns, and i
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-the grantor, its successors or assigns, shall have a lien upon such ~
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property to secure payment of all such accounts.
12. Grantar expressly reserves the right to release grantee ~
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from any or all of the restrictions, conditions, reservations and ~
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convenants herein imposed at any time, by written instrument in
~ such form as to entitle it to be placed of record in the public
records of St. Lucie County, Florida.
13. All of the conditions, covenants, restrictions, and reser- ~
vations set forth herein shall run with the land and the grantee,
by accepting the deed to said premises, accepts the same, subject to
such conditions, covenants, restrictions, and reservatiuns and agrees
for himself, his heirs and assigns, to he bound by each of such con- i
ditions, covenants, restrictions and reservations jointly, separately
and severally.
14. The covenants and restrictions set forth in Paragraph 1
hereof shall cease, terminate and be of no further force ar effect
at such time as grantor, it successors or assigns shall use any por-
tion of the property presently owned by grantor abutting the man-
~ made channel and not conveyed herehy for any substantial purpose j
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E other than (i) marine research, scientific, educational purposes,
~ (ii) commercial purposes similar to those for which such property
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~ is presently being used by grantor or its lessees, or (iii) single,
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~ one-family residential purposes.
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~ 15. The covenants and restrictions set forth in Paragraphs ~
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~ 3, 8, 9 and 10, respectively, shall cease, terminate and be of no ~
~ further force or effect at such time as grantor, its successors or
~ assigns, shall fail to observe the same restrictions with respect ,
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to any of the property presently o~ned by grantor abutting the
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man-made channel and not conveyed hereby.
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~ 16. Grantor warrants and covenants that grantee ~rill at all
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~ times have water ingress to and egress from the described property
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~ through the channel described in that certain Channel Easement ~
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