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201208624
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Last modified
8/19/2014 2:20:48 PM
Creation date
10/16/2012 8:06:40 AM
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DEEDS
Inst Number
201208624
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2012Q8624 <br />establishment offering the sale of alcoholic beverages for consumption on the premises <br />where such sales are not incidental to the sale of food for on premises consumption in a <br />bona fide restaurant); unsupervised game room or amusement arcade; automobile <br />dealership or repair shop; automotive repair shop which replaces or repairs automotive <br />engines; an establishment selling, exhibiting or distributing pornographic or obscene <br />materials; massage parlor; so-called "head shop"; body and fender shop; off-track <br />betting parlor; "social encounter" type restaurant; or any promotion, entertainment, or <br />amusement activities such as traveling carnivals, fairs, auctions, shows, kiosks, booths <br />for the sale of fireworks, sales by transient merchants utilizing vehicles or booths, or <br />other promotions of any nature. Nofinrithstanding anything to the contrary stated above, <br />the Titan Parcel may be used for display, sale, service, and leasing of agricultural, <br />construction and aggregate equipment. <br />7. The Titan Owners acknowledge that the Pedcor Owners own the Pedcor <br />Parcels located immediately adjacent to the Titan Parcel, which has been developed as <br />an apartment complex. If the Pedcor Owners need a point of ingress and egress from <br />the Titan Parcel to and through the Titan Parcel, then the Titan Owners shall grant such <br />ingress and egress rights without cost to the Pedcor Owners in locations and <br />constructed in a manner that is mutually and reasonably satisfactory to both parties. <br />Such ingress and egress rights granted by the Titan Owners to the Pedcor Owners shall <br />be sufficient to satisfy the requirements of any governmental authority, including local <br />authorities. The Titan Owners and the Pedcor Owners shall execute an easement <br />agreement, in recordable form, to document and place of record such ingress and <br />egress rights. Pedcor Owners will be responsible for any and all costs associated with <br />development or construction of the road identified in the easement and obtaining of any <br />access point(s) or other approvals from governmental authorities. <br />8. In the event the Titan Owners violate any of the foregoing restrictive <br />covenants, the Pedcor Owners, or any of them, shall have the right to enforce their <br />rights under this declaration and stop any violation, remove any building, structure <br />and/or improvement or seek the removal of said building, structure and/or improvement <br />at the Titan Owner's sole expense. Nofinrithstanding the foregoing, Pedcor Owners shall <br />give the Titan Owners a notice and opportunity to cure under the circumstances (it <br />being acknowledged that in the event of an emergency it may be impracticable to give <br />notice) and if such violation is not cured within 10 business days (or cured within a <br />reasonable time in the event it is impossible to cure such violation within such ten-day <br />period, provided that the Titan Owners are diligently and in good faith seeking to cure <br />such violation) of receiving notice then the Pedcor Owners will exercise its rights under <br />this paragraph. In addition, the Titan Owner shall reimburse the Pedcor Owners for all <br />costs, including attorney fees and court costs, incurred in the enforcement of said <br />restrictive covenants. <br />9. These covenants and restrictions may be altered, amended, or repealed <br />only upon the unanimous consent of all the owners of record of the Titan Parcel and the <br />Pedcor Parcels. Any such alteration, amendment or repeal of these covenants and <br />restrictions will operate only prospectively and shall not apply to properly uses or <br />3 <br />
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