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ASSIGNMENT THIS AGREEMENT by and between Reflections on the River, Inc., hereinafter referred to as "Developer", Citrus Utilities, Inc., a Florida corporation, hereinafter referred to as "Assignee", and General Development Utilities, Inc., a Florida corporation, hereinafter referred to as "Utilities",. • WHEREAS, Developer desires to assign that certain Agreement executed by Developer and Utilities on December 10, 1982 (the "Agreement") to Assignee. WHEREAS, Assignee has agreed to assume the obligations of Developer under the Agreement. WHEREAS, Developer has agreed to continue to remain responsible for all actions and representations of Developer under the Agreement should Assignee fall to perform. WHEREAS, Utilities has been requested to consent to the assignment of the Agreement to Assignee and to continue to serve consumers within the area owned and developed by Developer. NOW, THEREFORE, FOR AND IN CONSIDERATION OF THE MUTUAL COVENANTS EXCHANGED BY AND AMONG THE PARTIES HERETO AGREE AS FOLLOWS: r 1. Developer for and In consideration of the sum of $10.00 and other valuable consideration and receipt of which is hereby acknowledged has granted, bargained, sold, assigned, and transferred and by these presents does grant, bargain, sell, assign and transfer and set over unto Assignee the Agreement, a copy of which is attached as Exhibit A. 2. Assignee hereby agrees to assume all obligations under the Agreement attached at Exhibit A. 3, Developer shall remain fully responsible for all actions required by Developer under the Agreement attached as Exhibit A regardless of this Assignment. 4. Utilities hereby consents to the Assignment of the Agreement solely upon the condition that Developer shall remain fully liable and responsible for all actions required by the Developer and all representations made by Developer under the Agreement attached as Exhibit A. LEG, 701211/11116183 . 1