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- 204000482 <br /> its successors and assigns shall have the option to repurchase the lot for the amount paid <br /> to Developer for the lot. Developer may exercise the option by sending written notice to <br /> the titleholder of the lot. During construction on a lot within the Commercial Properties, the <br /> titleholder of such lot shall protect the Commons and Easements from damage arising out <br /> of its construction activities. <br /> 2. GRAD/NG: The Devetoper shall have the exclusive right to establish grades <br /> and slopes for all lots within the Commercial Properties and to fix the grade at which any <br /> building or other improvement shall be placed or constructed upon any lot, in conformity <br /> with the general plan for the development of the Commercial Properties. <br /> 3. APPROVAL OF PLANS: Plans for any building or other temporary or <br /> permanent exterior improvement, including advertising devices, fences, exterior <br /> remodeling, reconstruction or additions shall be submitted to the Developer and shall show <br /> the design, size and exterior material for the building or improvement and the plot plan and <br /> landscape plan for the lot. One set of the approved plans ("Plans") shall be left on <br /> permanent file with the Developer. Construction of the building or improvement shall not <br /> be commenced unless written approval of the plans has been secured from the Developer. <br /> Written approval or disapproval of the plans shall be given by the Developer within 30 days <br /> after the receipt thereof and approval shall not be unreasonably withheld. The Developer <br /> shall have the exclusive right to disapprove the plans, if in the Developer's opinion, the <br /> plans do not conform to the general standard of development in the Commercial Properties <br /> considering the harmony of the design and location in relation to surrounding <br /> improvements. Upon disapproval, a written statement of the grounds for disapproval shall <br /> be provided. The rights and duties of the Developer under this Paragraph, except as to <br /> lots of which the Developer is the titleholder, may be assigned to the Corporation after <br /> buildings have been placed or constructed upon three-fourths of the lots within the <br /> Commercial Properties. <br /> 4. MAJOR ENTRANCE EASEMENTS: Any portion of the Commercial <br /> Properties that is owned by Developer may be dedicated from time to time by Developer <br /> for the purpose of planting, constructing and maintaining landscaped areas and signs <br /> identifying the entrances to the Commercial Properties (the "Sign Easements"). <br /> 5. SPR/NKLER SYSTEMS: All lots within the Commercial Properties shall have <br /> an underground sprinkler system installed on the lot by the titleholder prior to seeding or <br /> sodding the lot. For such lots, plans for the sprinkler system shall be approved by the <br /> Developer prior to installation in accordance with Paragraph 3 above. <br /> 6. CITY REQUIREMENTS: All buildings and improvements with the <br /> Commercial Properties shall be constructed in conformity with the applicable building <br /> codes of the City of Grand Island, Nebraska. Public sidewalks shall be installed by the <br /> titleholder of each lot as required by the City of Grand Island, Nebraska. <br /> 7. LANDSCAP/NG: On all lots within the Commercial Properties, a landscape <br /> plan shall be submitted to Developer as a requirement of Paragraph 3. The plan must <br /> meet and exceed the landscape requirements of the City of Grand Island. The <br /> 2 <br />