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r 4 . Maintenance of Property . Grantee shall maintain the exterior of the Rental Property Units in good repair , including , but not limited to , painting , landscaping and lawn maintenance , as necessary . Grantee shall maintain the Rental Property Units in accordance with the applicable laws , regulations and ordinances of the County , and if applicable , the governing municipality . For so long as the original Grantee is the owner of the Lot , the Property , or the Rental Property Units , the maintenance obligations set forth herein are binding on Grantee . 5 . Covenants Run with the Land . All covenants , conditions and restrictions contained in this Deed shall be covenants running with the land , and to the fullest extent permitted by law and equity , be binding upon the Property for the benefit of and in favor of , and be enforceable by , the County against the Grantee and any party in possession or occupancy of the Property or any portion thereof . The covenants , conditions and restrictions set forth in this Deed are intended to be perpetual , but may be modified in a document in recordable form executed by the County and the Grantee , or the Grantee ' s successors in interest in the event that the character of the neighborhood within which the Property is located changes substantially through the passage of time . 6 . Property as Servient Estate . For the purposes of this instrument , the Property and all portions thereof shall be the servient tenement and the County shall be the dominant tenement . The Restrictions shall run with the Property and be binding on all persons acquiring title to the Property , or any portion thereof , and all persons claiming under them . 7 . Enforcement by County . The County is the beneficiary of these Restrictions , and as such , the County may enforce these Restrictions by action at law or in equity , including without limitation , a decree of specific performance or mandatory or prohibitory injunction , against any person or persons , entity or entities , violating or attempting to violate the terms of these Restrictions . 8 . Waiver ; Invalidity ; Construction ; Venue . Any failure of the County to enforce these Restrictions shall not be deemed a waiver of the right to do so thereafter . No waiver of these Restrictions shall be effective unless contained in a written document executed by County . Any waiver shall only be applicable to the specific instance to which it relates and shall not be deemed to be a continuing or future waiver . If any covenant , restriction , condition or provision contained in this Deed is held to be invalid by any court of competent jurisdiction , such invalidity shall not affect the validity of any of the other Restrictive Covenants herein contained , all of which shall remain in full force and effect . This Deed shall be construed in accordance with the laws of Florida and venue shall be in Indian River County , Florida . IN WITNESS WHEREOF , the Grantor has caused this Deed to be executed in its name by its Board of County Commissioners , acting by the Chairman of such Board , the day and year aforesaid . Attest : J . K. Barton , Clerk INDIA RIVER COUNTY BV Deputy Clerk Wesiey S . Davis , Chairman BCC approval date 6/9/2009 ACCEPTED : EVERY DREAM HAS A PRICE , INC . By Dated June a 0 0 5 r-- Julianne R . Price , President 3