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2 . Waiver of Water Connection Requirements. Notwithstanding the rights
<br /> provided to IRC by any franchise agreement, other agreement, or Indian River County ordinance,
<br /> IRC fully and finally waives, relinquishes and releases all rights to require Countryside, or any
<br /> aspect thereof, to connect to Indian River County' s water system .
<br /> 3 . Voluntary Connection to Water System. Provided IRC has the capacity to
<br /> serve Countryside, IRC shall permit Countryside to voluntarily connect to IBC ' s water system
<br /> upon payment of the water impact fees in effect at the time of the requested connection.
<br /> Countryside shall receive a credit of One Hundred Fifty Thousand Dollars ($ 150,000) against
<br /> any future water impact fees or connection fees associated with any connection to IBC ' s water
<br /> system.
<br /> 4. Emer¢ency Water Connection . IRC shall allow MHC to construct and install,
<br /> at MHC ' s own expense, a connection between Countryside ' s existing water system and IBC ' s
<br /> water system to be used only in the event of an emergency. MHC shall pay the then existing
<br /> rates and fees for bulk water usage for water consumed during such emergency; however, MHC
<br /> shall not be required to pay impact or related fees for such emergency use.
<br /> 5 . Mutual Releases .
<br /> a. For and in consideration of the covenants described herein, upon payment
<br /> of the agreed sum for sewer impact fees as provided in paragraph one ( 1 ) above, the parties
<br /> hereby unconditionally, fully and completely release and covenant not to sue the other and the
<br /> Released Parties described below from all, any and every manner of action and actions, cause
<br /> and causes of action, suits, debts, dues, sums of money, accounts, reckonings, covenants,
<br /> contracts, controversies, agreements, promises, damages and claims, whether civil, criminal,
<br /> legal, ethical, moral or otherwise which either party has, may have had, or may have claimed to
<br /> have had against the other party or the released parties in any way related to the Action or the
<br /> facts and circumstances described in the Action.
<br /> b. For the purposes of the foregoing Release, the Released Parties shall
<br /> include MHC Countryside At Vero Beach, L.L. C ., MHC Operating Limited Partnership, Equity
<br /> Lifestyle Properties, Inc. , MHC Financing Limited Partnership Two and their officers, directors,
<br /> stockholders, members, partners, subsidiaries, parents, and affiliates, and the Board of
<br /> Commissioners of Indian River County, Florida, as well as the agents, employees, servants and
<br /> attorneys of each.
<br /> 6. Scone of Full Release . The parties recognize that there may exist issues, claims,
<br /> rights and entitlements relating to the Action or the facts or circumstances described in the
<br /> Action which are, as of the Effective Date hereof, unknown or undiscovered in whole or part,
<br /> including currently unknown additional damages or ramifications of financial conditions which
<br /> are known to exist as well as those which are not known to exist; nonetheless, it is the clear and
<br /> absolute intent of the parties hereto to fully and finally release each other from all claims of any
<br /> nature whatsoever which each party may have against the other from the beginning of the world
<br /> to the Effective Date of this Agreement relating to the Action or the facts and circumstances
<br /> described in the Action.
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