HomeMy WebLinkAbout0468 conditions, reservations, or restrictions, by reason of such breach,
~11 costs i.ncurred in such enforcement including a reasonable fee . ~i
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for counsel Shall be paicl Uy the grantes, his heirs or assigns, an3
the grantor, its successors or asszgn~, sliall have a lien upon such
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property to secure payment of all such acc~unts. ~ ~
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12, Grantor expressly reserves the~right ~o release gran~ee ~
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from any or all of the restrictions, conditions, reservati~ns anc~
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convenants herein imposed at any time, by writte~i itistrument in ~
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' sueh form as to ent;tle it to he pl.aced of recurd in th.e public £
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records af St. Lucie County, Florida. ~ ~ #
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i3. All of the conditions, covenants, restriction:.=. r.ser-
vatio~s set forth herein sha11 run with t}ie land and the grantee,
~ by accepting the deed to said premises, accepts the same, subject to ~ _
such conditions, covenants, restrictions, and reservations and agrees ;
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~~r ~~ims~~~, iiis iieirs and assigns, to b~ i~ound by edcIi o~ such can-
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ditions, covenants, restrictions and reservations jointly, sepaxately _
and severally.
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14. The covenants and restrictions set fortlY in Paragraph 1
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her,;eof shall cease, terminate and be of no further force or effect ~3
at such time as grantor, i~ successors or assigns shall use any por-
tion of th~ property presently owned by~grantor abutting the man- -
- made channel and not conveyed herehy for any substantial purpose ~
other than (i) marine research, scientific, e~_ucational purposes, {
(ii) commercial purposes simil~.r to ~h~se-for which such property
is presently being used by grantor or its lessees, ar (iii) single,
- one-famiiy residential purposes.~
f _ 15. The covenants and restri~tions set forth in Pa.ragraphs ;
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~ 3, 8, 9 and 10, respectively, shall cease, terminate and be of no~
~ further.force oi effect at sucil time as grantor, its suc~essors o~
_ assigns, shall fail ~o obsErve the sam~ restrictions tvith respect
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~o anY of the property presently_owried by grantor abutting th~ ~ f
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maz-~ade channel and nar_ conveyed here~y. _ ~
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16. Grant~r warrants and covenants that grantee ~ill a~ all - `
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tines have water ingress to and egress fram th~ described property `
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- through the ::hannel described in that certain Channel Ea~ement
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