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~ v~ich prnpexty it plans to devel,o~p into a maximan of 39 residential lotss and !
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~AS STictmy dsaires that GDC modify the restrictians e~ far as ~
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the same pertain to Lat 13 in H1odc 724 af said plat s~ that the saae can be tu~erl ~
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as an aooeas street gswidincJ aooess t~ the 27.7 ac,re paroel abeMe descriUedf and
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~'AS, although (~C is not the fee c~wr~er of a ma
jority of th~e "
lata affecbed by the aba~e restrictians, and, as suc~i, has no right bo alter, ~
an~nd ar r+e~cinci tt~e sa~ne in whol,e ar 3n p~a~ct as p~rovided in Paraqraph 5 of said
Declaration of Restrictirns, it is the owr~s of lots in the subdivisian, anci, as
sudz a~mer, it will nat offer any abjectian tA Vict~axy's groposal bo modify the
said Aestrictians as abo~e set forth.
NC1W 3m m~sideratial of the p~ee aand in further
eonsideratiori of th~e perfa~aanoe by eac3~ of the parties hereto of the tex~,
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va~xlaTltB, at~d a0[~ditiacLS here3naft~er eet fo~'th ocl their reSpeCtive przrts to be
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perfo~rnied, it is ao~enanted and agreed by and bet~aeen the parties hereto as ~
follvws: ~ _
l. Vicbo~ty agx+ees t2~at said Z~ract of 27.7 acxes will be subdivitied
int~ a resi~ential area aontaininq a~ of 39 a~e-half acre single family
dwelling lots. . -
2. GDC aqrees tt~at it will nat object to a mod.ification of
the said Declaratiaz of Aestrictions s~ that Iat 13 af said plat, less ttye
Easterly 7.5 feet thereof and the Wesberly 7.5 feet tt~re~f may be used as an
avoess~street and will offer no abjection to the same being 3edicat~ed to the public
as an aooess street. .
j 3. ~is Agreanait shall be bi~ding t~on the parties heret~ a~d
j their respective and assicp~s a~xl st,all be aonstruea and treatea by the
p~arties hereto a~d tt~eir respective and assicg~s as a voNe:~ant ru~ninq -
with the l~nd.
4. Zliis Agr~nt shall be reco~ded aanong the pt~lic r~eoo~c3s . }
of St. I~ucie Oa~ity, Fla~ida.
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IId Wi'li~SS WE~[i'D0~' the parties have causeci this Agnearent to be
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e~euted and their respective Oo~posate Sea1B t~o be h~eretaito~fi~oed kyy tl~ei.r
respective offivers here~to duly authorized all on the day of .
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. v~~;N° .'to C~era1 t Carp. ) - . _ ~ ~ y y - ~
1.'!Si~ned, eesLed and delivex+eci VICR~RY , II1iC. ti~ A~ ~
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~".~~~~"fn the p~+eser~oe of: ~ _ t-
BY' • '
. Pl'+es t { `
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. . Attest:
bo Vict~o~y Donstructian, Inc. 2-
~2~~ PACE ~
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