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1140 <br />6 <br />SEA DADS UTILITIES, INC. <br />M9 CAHUINAL UHIVC <br />VIX0 1JEACH. YLUNIDA Q961 <br />April 13, 1987 t+u�I :11 rltLu <br />Coralstone utility Company <br />c/o Consolidated Vista Development <br />Corporation <br />200 Ocean Avenue, Suite 102 <br />Melbourne Beach, FL 32951 <br />R.£: Coralstone Utility Company Service Agreement <br />Gentlemen: <br />In conjunction with the execution by Coralstone Utility Company ("Coralstone") <br />of a Service Agreement with Sea Oaks Utilities, Inc. ("Service Company") on <br />even date herewith, Service Company hereby agrees with Coralstone as follows: <br />1. Pursuant to Section 6 of the Service Agreement, Service Company hereby <br />acknowledges written notice to proceed and hereby waives the 12 -month period <br />of time to construct facilities necessary to provide service to the property, <br />as such facilities are presently constructed and available to provide service <br />to the property. <br />2. Pursuant to Section 32 of the Service Agreement, Service Company hereby <br />acknowledges that no additional costs and expenses will be charged to Coralstone, <br />pursuant to the provisions of Section 32 of the Service Agreement, and that <br />upon execution of this Agreement, Service Company shall not require the pay- <br />ment of any fees set forth in Section 32. <br />3. Service Company hereby acknowledges, pursuant to Section 34 of the <br />Service Agreement, that as of even date herewith, no relocation of existing <br />sewer utilities are necessary or required for Coralstone, Service Company <br />acknowledges that no relocation expenses under Section 34 of the Service <br />Agreement will be charged against or to Coralstone. <br />While Service Company hereby acknowledges that it presently has sufficient <br />facilities and capacity to provide service to Coralstone property, in the <br />event Coralstone elects not to make payment of the required connection <br />charges upon execution of the Service Agreement, or elects not to pay the <br />guaranteed revenues as required under the Service Agreement, then the pro- <br />visions of Sections 6, 32 and 34 of the Service Agreement will apply in <br />full to or against Coralstone, and the application of these Sections may <br />result in additional time and expenses to Coralstone as set forth in the <br />Service Agreement. , <br />