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40 <br />40 <br />A <br />18.Recording of Agreement: <br />The Agreement shall be recorded in the official records of Indian River County. The <br />obligations defined in this Agreement shall run with the land and shall bind subsequent <br />owners of the property for the term of this Agreement. <br />19.Seyerability / Invalid Provision: <br />If any provision of the Agreement is held to be illegal, invalid or unenforceable under <br />present or future laws, such provision shall be fully severable; this Agreement shall be <br />construed and enforced as if such illegal, invalid or unenforceable provision had never <br />comprised a part of this Agreement, and the remaining provisions of this Agreement shalt/ <br />remain in full force and effect and shall not be affected by such illegal, invalid, or <br />unenforceable provision or by its severance from this Agreement. <br />2t}. Term: <br />The term of this Agreement is five (5) years. Unless otherwise agreed to by the parties in <br />writing, this Agreement shall not be renewed automatically for successive terms. <br />Notwithstanding the foregoing, this Agreement shall be coterminous with FDEP Permit for <br />construction or with the County's Utility Construction Permit, whichever provides a shorter <br />time period, but shall be not more than five (5) years from the date of issuance. The <br />County may terminate this Agreement early in its sole discretion if it determines that the <br />development project intended to be served by the improvements is suspended or <br />discontinued. <br />21.Time of Essence: <br />Time is of the essence of this Agreement; however, if the final date of any period which is <br />set out in any provision of this Agreement fails on a Saturday, Sunday or legal holiday <br />under the laws of the State of Florida, then, in such event, the time of such period shall be <br />extended to the next day which is not a Saturday, Sunday or legal holiday. <br />IN WITNESS WHEREOF, the COUNTY and the DEVELOPER have accepted, made, <br />and executed this Agreement as follows: <br />COALITION FOR THE HOMELESS OF INDIAN <br />RIVER COUNTY, INC. <br />Witness Signature <br />By: <br />h14�1+('yl} 12 �Ul� 1 printed name1 .ie1t`i rX Y/��u 11�e l <br />Witness Printed Name <br />Title: (President or Vtce Presiderl1)7Pf!e r+d ,e" f - <br />,/ �.t+s� Date: <br />Witness Sig atu <br />Witness P ' ted Name <br />1 NLIE 44 Wi G1caar ,r:1 cam._ <br />