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form to be approved by the County, naming Mercedes <br /> Homes , Inc. on behalf of SDG Kings , Inc. as <br /> customer and Bank of America , N .A. , as the <br /> underwriting bank, in the amount of $ 192 , 670 . 51 , <br /> which amount is not less than one hundred twenty- <br /> five percent ( 125% ) of the estimated total cost of <br /> improvements remaining to be constructed , as <br /> determined in accordance with the County's <br /> Subdivision and Platting Ordinance." <br /> 3 . All other terms set out in the Contract for Construction of Required <br /> Improvements No . PD-01 -06- 15-CFC (2000100085-44643 ) , remain in full force <br /> and effect. <br /> IN WITNESS WHEREOF , the parties hereto have set their hands and <br /> seals on the day and year first above written . <br /> SDG KIN IOr' <br /> co ration DE LOPER <br /> By: <br /> Bret Soverel , President <br /> INDIAN RIVER COUNTY, FLORIDA <br /> by and through its Board of County <br /> Commissioners" <br /> Arthur R. Ne a er, Chair <br /> BCC approved : October 24 , 2006 <br /> ATTEST : J . K. Barton ,, /Cle <br /> rk of Court <br /> By: ' 9l� <br /> Deputy Clerk <br /> APPROVED AS TO FORM <br /> AND LEGAL SUFFICIEN Y 1 <br /> eyft <br /> WILLIAM G . COLLINS It <br /> COUNTY ATTORNEY <br /> 2 <br /> F:\Attorney\NancyADOCS\PLANIMODIFICATION TO K oaks of vero ph2.doc <br />