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Return to:
<br />Brandon S. Connick
<br />� Box 790
<br />Grand Island, NE 68802 -0790
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />1. The foregoing recitals are incorporated herein by this reference.
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<br />WHEREAS, DMBG Investments, L.L.C., a Nebraska limited liability company,
<br />( "DMBG ") is the owner of the following described real estate:
<br />2. No Lot located within the Subdivision shall be used other than for single family
<br />purposes.
<br />AGREEMENT FOR RESTRICTIVE COVENANTS, RESTRICTIONS,
<br />AND CONDITIONS FOR PRAIRIE CREEK MEADOWS SUBDIVISION, HALL COUNTY,
<br />NEBRASKA
<br />Lots One (1), Two (2), Three (3), Four (4), Five (5), Six (6), Seven (7), Eight (8), and
<br />Nine (9), Prairie Creek Meadows Subdivision, Hall County, Nebraska (hereinafter
<br />separately referred to as "Lot" and collectively referred to as "Lots" or the "Subdivision ")
<br />WHEREAS, it is the desire of DMBG to protect the value and desirability of each Lot
<br />within the Subdivision by encouraging the construction of single family residences thereon.
<br />In furtherance of this desire, each Lot within the Subdivision shall be held, sold and conveyed
<br />subject to the reservations, easements, limitations, restrictions, servitudes, covenants, conditions,
<br />charges and liens, (hereinafter collectively termed "covenants and conditions ") provided for
<br />hereinbelow.
<br />NOW, THEREFORE, in consideration thereof, and of the mutual benefits to be derived
<br />by DMBG and the purchaser or purchasers of any Lot within the Subdivision, along with their
<br />heirs, devisees, personal representatives, and assigns, DMBG stipulates and agrees that each Lot
<br />within the Subdivision, shall be and are subject to the following covenants and conditions, all of
<br />which shall run with the land:
<br />3. No building or dwelling house shall be moved into the Subdivision and placed
<br />upon any Lot. No mobile home shall be placed on any Lot. No trailer, tent -
<br />garage, shack, or other unsightly out - buildings shall be used in the Subdivision as
<br />a dwelling at any time, nor shall any structure of a temporary nature be used as a
<br />residence.
<br />4. Any building constructed upon any Lot located within the Subdivision shall be
<br />completed within one (1) year from and after the commencement of construction.
<br />In the event a building permit for a single family residence has not been issued by
<br />the appropriate governmental authority and construction has not commenced on a
<br />Lot within two (2) years from the date title to such Lot is transferred by DMBG or
<br />its successors or assigns, shall have the option to repurchase said Lot for the
<br />amount paid to DMBG for such Lot, minus closing costs paid by DMBG for the
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