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r r s SC - 14 . Authority Each party hereto represents and warrants to the other that the execution of this agreement and any other documents required or necessary to be executed pursuant to the provisions hereof are valid, binding obligations and are enforceable in accordance with their terms . SC - 15 . Ca tip . ons : Captions, if included, in this Agreement are included for convenience only and are not to be considered in any construction or interpretation of this Agreement or any of its provisions . SC - 16 . Definition All pronouns shall be deemed to refer to the masculine , feminine, or neuter, singular or plural , as the identity of the party or parties may require . SC - 17 . Entire Agreement: This Agreement embodies the entire agreement between the parties relative to the subject matter hereof, and there is no oral or written agreements between the parties , nor any representations made by either party relative to the subject matter hereof, which are not expressly set forth herein . SC - 18 . Governing Law & Jurisdiction : This Agreement shall be governed by the laws of the State of Florida and the laws of the United States pertaining to transactions in such State and all actions arising out of this Agreement shall be brought in Indian River COUNTY . All of the parties to this agreement have participated freely in the negotiation and preparation hereof, accordingly, this Agreement shall not be more strictly construed against any one of the parties hereto . SC - 19 . Multiple Counterparts : This Agreement may be executed in a number of identical counterparts which, taken together, shall constitute collectively one ( 1 ) agreement; but in making proof of this Agreement, it shall not be necessary to produce or account for more than one such counterpart executed by the party to be charged . SC - 20 . Recording of Agreement : The Agreement shall be recorded in the public records of Indian River County . The obligations defined in this Agreement shall be a condition, which shall run with the land and shall bind subsequent owners of the property for the term of this Agreement. SC - 21 . Severability / Invalid Provision : If any provision of the Agreement is held to be illegal , invalid or unenforceable under present or future laws , such provision shall be fully severable ; this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part of this Agreement, and the remaining provisions of this Agreement shall remain in full force and effect and shall not be affected by such illegal , invalid, or unenforceable provision or by its severance from this Agreement . SC - 22 . Time of Essence : Time is of the essence of this Agreement; however, if the final date of any period which is set out in any provision of this Agreement falls on a Saturday, Sunday or legal holiday under the laws of the United States or the State of Florida, then, in such event, the time of such period shall be extended to the next day which is not a Saturday, Sunday or legal holiday. Page 5 of 6 F:\Utilities\UTILITY - ENGINEERING\Projects - Utility Construction Permits\John Island Golf Club West Reuse Water UCP # 2349\Agreement - Johns Island Club Inc - Reclaimed Water Agreement June 14, 2004.doc