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40 Cl 40 SC - 14 Maintenance Bond The DEVELOPER agrees to convey all right, title and interest in the aforementioned utility improvements to Indian. River County, Florida, and provide a Maintenance Bond for a period of one: -year after acceptance by the COUN'T'Y. Tl.c value of de Maintenance Bond shall be tive.ty-five percent (250/a) of the total construction value of die utility improvements. SC 15. Multiple CounteiRarts: 'Phis Agrccrnent may be executed in a nunibcr of identical counterparts which, taken together, shall constitute collectively one (1) agreement; but in making proof of this Agreement, it shall not be necessary to produce or account for more titan one such counterpart executed by the party to be charged. SC - 16. Permits: The DEVELOPER shall be responsible for obtaining all construction and operating periniv; required for the construction, delivery, use and monitoring of die water distributed and wastewater collected from the subject property. If, through no fault of the parties involved, any federal, state or local goverrnncnt or agency (excluding die COUNTY) fail to issue necessary permits, grant necessary approvals, or require a material change hi the system, then to the extent necessary and if possible, die parties agree to negotiate an amendment to the Agreement to reflect die change in condition. If it becomes impossible or impracticable to perform under the terms of this Agreement because of the above, then this Agreement shall terminate and. the parties sl.all have no further obligations to the other. The DEVELOPER shall comply with rtwonablc request by die COUNTY concerning on-site operations and mainicntu.co including but not limited to all FDEP regulations relating to bacteriological and hydrostatic testing, cross connection control, color -coding of water and wastewater equipment. SC - 17. Recording ofAarccrr.ent: 'I'l.c Agreement sl.all be recorded in die public records of Indian River County. The obligations defined in this Agreement shall be a condition, etihich shall run with the land and shall bind sub,; que t owners of the property for the term of this Agreement. SC - I f3. Severability 1 Invalid Provision: If any provision of the Agrewrnent is held to be illegal, invalid or unenforceable under present or fixture laws, such provision shall be fully severable; this Agre cn.cnt shall be construed and enforced as if such illegal, invalid or une.forumblc provision had never comprised a pari of this Agre mcnt, and the resntininb provisions of this Agreement shall remain in full force; and effect and shall not he affect"] by such ilLgal, invalid, or unenforceable provision or by its severmtec from this Agreement. W SC - 19. 'I'crm: t ly.o tarn of dais Agreement is five 5 cars. Unless otherwise authorized in writing this Agreement f sl.all nut be renewed automatically for successive temps at the expiration. of any preceding tern.. The Terms of this Agreement shall run concurrently with FDEP Permit to Construction and with die County's r Utility Construction Permit whichever is less but shall be: not inure thatt tiveA:5_'-Acus froni the date of Co Co issuance. SC - 20. time of Essenco: Time is of the essence of this Agrw;incait; however, if the feud [fate of any period which is set out in any provision of thus Agreement falls on a Saturday, Sunday or legal holiday under the laws of the United IkvcjkTm*%&'fL lklsl Pago 4 49 k!tNil0.iam'i rt' ij rY•hNtIIhFF.Rtldq tui Alublyv4volructwn t"nmdlyklw.M Gapt'twtar 1.,Nx4k'Ir Aa 4lei. tk�.l �a+A�rrnx+n: ii