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DEVELOPER shall be allowed to remove the fence if so desired. DEVELOPER shall be <br />responsible for constructing DEVELOPER'S portion of the retention pond, based upon their <br />stormwater needs. <br />7. Should the DEVELOPER excercise the option stated in No. 6 (a), the COUNTY shall cause <br />the ownership of land described in Exhibit "B" to be re -conveyed to the DEVELOPER by quit -claim <br />deed, without compensation due. In this case, the COUNTY shall retain the right to discharge its <br />stormwater nmoff into said pond through a permanent drainage easement that DEVELOPER hereby <br />agrees to execute at the time of re -conveyance of Exhibit "B" lands to DEVELOPER. From the lime <br />of reconveyance to the DEVELOPER, maintenance of the pond will be by DEVELOPER or <br />subsequent owners. <br />8. The COUNTY shall constnsct two full median openings during King's Highway <br />construction. One shall be located approximately 860 feet south of the northernmost property line <br />and one shall be located approximately 860 feet north of the southemniost property line (see Exhibits <br />"C-1" and "C-2"). Each median opening shall allow for both lcfl turn and right tum ingress and <br />egress to/from the property for use by DEVELOPER or Owner when the property is developed. The <br />DEVELOPER shall have the right, at its sole expense, to relocate either or both of the median <br />openings, subject only to the restrictions of the Land Development Regulations of Indian River <br />County, Florida. <br />9. Time is of the essence as to all matters pertaining to this Agreement. <br />10, In the event of any litigation arising out of this Agreement, the prevailing patty shall be <br />entitled to reimbursement of the costs and expenses thereof from the non -prevailing patty or parties, <br />including reasonable attorneys' fees and including such costs. expenses, and fees incurred on appeals <br />of such litigation. <br />11. No amendment, modification, change, or alteration of this Agreement shall be valid or <br />binding unless accomplished in writing and executed by all of the parties hereto. <br />12. This Agreement shall be binding upon and inure to the benefit ofthe parties hereto and their <br />personal represcmatives, heirs, successors, and assigns and shall survive the issuance of deeds <br />pursuant to paragraphs two and seven hereof. <br />13. This Agreement contains the entire agreement and understanding between the parties, No <br />representation, statement, recital, undertaking, or promise not specifically set forth herein shall be <br />binding on any party hereto. <br />14. This Agreement and all matters arising hereunder shall be god erred by and construed in <br />accordance with the laws of the State of Florida. Venue hereunder shall lie. in Indian River County, <br />Florida. <br />15. This Agreement shall be deemed prepared jointly by each of the parties hereto and shall be <br />construed on a parity as between the parties. There shall be no canon of construction for or against <br />any party by reason of the physical preparation of this Agreement. <br />16. Whenever the singular number is used in this Agreement and when required by the context, <br />the same shall include the plural, and the masculine, feminine, and neuter genders shall each include <br />the others. <br />17. COUNTY and DEVELOPER shall grant such further assurances and provide such additional <br />documents as may be required by one another from time to time, and cooperate fully with one <br />,? <br />another in order to carry out the tams and conditions hereof and comply with the express intention <br />of this Agreement. <br />r\� <br />R <br />k, <br />rI <br />