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i 40 ADDENDUM TO CONTRACT FOR CONSTRUCTION OF REQUIRED IMPROVEMENTS NO. SD•99-07-10•A (99030155.0021 This Addendum is entered into this& day of June, 2000, by and between BEAZER HOMES CORP., a corporation existing under the laws of the State of Tennessee, hereinafter referred to as "Developer" and INDIAN RIVER COUNTY, a political subdivision of the State of Florida, by and through its Board of County Commissioners, hereinafter referred to as "County". WHEREAS, Developer and County entered into a Contract for Construction of Required Improvements No. SD -99-07-10-A (99030155-002),. dated May 2, 2000, hereinafter referred to as "Contract°; and, WHEREAS, in paragraph 1. of said Contract, the Developer agreed to complete the improvements described therein on, or before, July 1, 2000; and WHEREAS, due to unforeseen delays in the construction of said improvements beyond the control of the Developer, the parties hereto wish to extend the July 1, 2000 completion date, as referenced in paragraph 1 of the Contract, NOW, THEREFORE, in consideration of the mutual covenants and promises herein contained, the parties agree to extend the completion date, as referenced in paragraph 1 of the Contract, to on, or before, March 1, 2001. THEREFORE, in consideration of the extension of the completion date, as referenced above, the Developer shall simultaneously herewith furnish a performance bond underwritten by a surety insurer authorized to transact business in this State, which shall remain in full force and effect until at least ninety (90) days past the new completion date, as referenced herein or until the terms of the Contract have been fully complied with and satisfactorily completed as determined by the County, per the terms of the Contract, in a form to be approved by the County. The terms of the Contract shall remain in full force and effect, except as modified herein. This Addendum may be executed In two or more counterparts, each of which shall be