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3. Indian River County recognizes that Grantor <br /> may continue to make such use of the reserved property as <br /> will not cause an increase in the value of the reserved <br /> property or of the remaining site, until such time as the <br /> County acquires the reserved property for right-of-way 1 <br /> improvements. <br /> 4. Indian River County reserves the right to <br /> purchase the entire parcel described in Exhibit ^B" and not <br /> a part thereof, with the purchase price to be the negotiated <br /> 1 fair market value at the time of purchase. <br /> i <br /> I5. Grantor agrees and understands that when <br /> Grantee does acquire the property, Grantor will convey <br /> title by quitclaim deed to Grantee and Grantee will be Ft <br /> {± responsible for title searches and insurance. <br /> ! 6. The conditions, restrictions and all other j <br /> terms in this document are hereby declared to be and j <br /> I constitute covenants running to and for the benefit of every <br /> purchaser of any property described in Exhibit "A", and such ; <br /> I covenants shall run with the land and be binding on the <br /> undersigned owners, and all future owners and their heirs <br /> E and assigns of any interest In any part of said property. s <br /> 1 IN WITNESS WHEREOF, the Grantor has caused this t <br /> Agreement to be executed this 22nd day of March . 1988 <br /> by the below authorized representatives. y <br /> i <br /> UNITED IRRIGATION, I <br /> a Florida Corporation `- <br /> • <br /> -_ , ......-4,G! /i4 <br /> aMUMMO By � i <br /> %%l <br /> " tness Bobby/i! Niers <br /> F.W. :.• r Title <br /> prvairlvnr <br /> Grantor <br /> , � ,, <br /> (� <br /> • <br /> W -s L <br /> synn Wampleer�"_Qf - . <br /> (Seal) • <br /> • <br /> BOARD OF COUNTY CO'.MI SS I ONERS • <br /> INDIAN RIVER COUNTY, FLORIDA <br /> ATTE T• eel <br /> \--�tt�l�_W r By - ��„ <br /> C!e `► o er at p ""ycy8r <br /> V• / . nity Devel ent(v/ <br /> ��� Department <br /> • <br /> • ,+n,,,� <br /> 3- S-7 <br /> 2 <br /> - 0.R. 795 P6 0303 <br /> http://ori.indian-river.org////Document/GetDocumentForPrintPNG/?request=AQAAANCM... 1/4/2017 <br />