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(c) Oceanview represents and warrants to Bankers
that prior to the development of any portion of the
Oceanview Property and the Lakeview Property it will }
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secure a binding and enforceable agreement with Utility i
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Company, a true copy of which-will be delivered to Bankers
prior to the commencment of .any construction thereon,
providing for an adequate supply of sewer treatment
~ capacity for the proposed development of the Oceanview
Property with enforceable provisions, subject to the
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customary contributions in aid of construction by the
developer and applicable regulations, for the enlargement
of the capacity of the existing-utility plant to
accommodate the sewage needs of all remaining development
contemplated upon the Oceanview Property and Oceanview
represents and warrants that such agreement and all rights -
thereunder will be coupled with an interest and will run
with the Lakeview Property and Oceanview Property for the
benefit of all subsequent owners thereof and be -
enforceable by them and that it will not alter, cancel,
waive or otherwise limit or amend its rights pursuant to
said agreement or the nature of the agreement or cause-the
same to be or become-in default without the same
constituting a material default under the Oceanview
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342 P~~~1752
ME11fMON, lwM1/[11. JOMMfTON, OYNN001/ ~ COL[, 100 /II~fT NATIONAL •ANK ~YILOINO, MIAMI, /LORIO•
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