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WHEREAS, the undersigned are the Owners of all lots in Rainbow Lake Subdivision, <br />Rainbow Lake Second Subdivision, Rainbow Lake Third Subdivision, and Rainbow Lake Fourth <br />Subdivision, in Hall County, Nebraska, all located in the North Half of the South Half of the <br />Northwest Quarter (NY SY NW Y/) of Section Thirty -Three (33), Township Eleven (11), North <br />Range Nine (9), West of the 6th P.M., Hall County, Nebraska; and <br />WHEREAS, there are no protective covenants, restrictions, and conditions of record for <br />Rainbow Lake Second Subdivision, Rainbow Lake Third Subdivision, and Rainbow Lake Fourth <br />Subdivision, in Hall County, Nebraska; and <br />WHEREAS, it is the desire of the aforesaid Owners of Rainbow Lake Subdivision to <br />terminate the existing Protective Covenants, Restrictions, and Conditions for Rainbow Lake <br />Subdivision, in Hall County, Nebraska, recorded as Document No. 78- 005761, in the Office <br />of the Register of Deeds of Hall County, Nebraska, and establish one set of Protective <br />Covenants, Restrictions, and Conditions for Rainbow Lake Subdivision, Rainbow Lake Second <br />Subdivision, Rainbow Lake Third Subdivision, and Rainbow Lake Fourth Subdivision, in Hall <br />County, Nebraska, in order to establish uniformity and a desirable subdivision of dwelling <br />houses, and to encourage the sale of the remaining lots and construction of modern and <br />desirable dwelling houses; <br />NOW, THEREFORE, the Owners of Rainbow Lake Subdivision, Hall County, Nebraska, <br />terminate the Protective Covenants, Restrictions, and Conditions for Rainbow Lake Subdivision, <br />recorded in the Office of the Register of Deeds of Hall County. Nebraska, as Document No. 78- <br />005761, and replace them with the following protective covenants, restrictions, and <br />conditions, and in consideration thereof and the mutual benefits to be derived by the Owners <br />of said Rainbow Lake Subdivision, Rainbow Lake Second Subdivision, Rainbow Lake Third <br />Subdivision, and Rainbow Lake Fourth Subdivision, in Hall County, Nebraska, and any <br />purchaser or purchasers, their heirs, successors, personal representatives, and assigns, the <br />Owners hereby stipulate and agree that any and all lots in the aforementioned Subdivisions, <br />sold, given, transferred, and conveyed shall be, and the same are, subject to the following <br />protective covenants, restrictions, and conditions, all of which shall run with the land as <br />follows: <br />1 . All lots in the Rainbow Lake Subdivision, Rainbow Lake Second Subdivision, <br />Rainbow Lake Third Subdivision, and Rainbow Lake Fourth Subdivision, shall be zoned, <br />described, and used as residential lots. No apartment house, duplex or triplex shall be built on <br />any lot, nor shall any basement house be built on any lot. No dwelling shall be erected for <br />occupancy for more than one family, nor shall any dwelling be used for occupancy of more <br />than one family. No commercial or industrial enterprises shall be conducted or operated in said <br />Subdivisions. No lot or lots shall be divided or split to create smaller building areas, but lots <br />may be combined or combined and divided to establish larger building areas. <br />2 D <br />I m N C <br />C r1 2 N <br />° m <br />O <br />O <br />Jt <br />2 D Z <br />O = <br />z ti <br />N <br />R1 <br />Ip <br />an <br />rl <br />o <br />� <br />AGREEMENT FOR PROTECTIVE COVENANTS, RESTRICTIONS, <br />AND CONDITIONS FOR RAINBOW LAKE SUBDIVISION, <br />RAINBOW LAKE SECOND SUBDIVISION, RAINBOW LAKE THIRD <br />SUBDIVISION, AND RAINBOW LAKE FOURTH SUBDIVISION <br />IN HALL COUNTY, NEBRASKA, AND TERMINATION OF <br />PROTECTIVE COVENANTS, RESTRICTIONS, AND CONDITIONS <br />FOR RAINBOW LAKE SUBDIVISION IN HALL COUNTY, NEBRASKA <br />Recorded as Document No. 78- 005761 in the Office of the <br />Register of Deeds of Hall County, Nebraska <br />WHEREAS, the undersigned are the Owners of all lots in Rainbow Lake Subdivision, <br />Rainbow Lake Second Subdivision, Rainbow Lake Third Subdivision, and Rainbow Lake Fourth <br />Subdivision, in Hall County, Nebraska, all located in the North Half of the South Half of the <br />Northwest Quarter (NY SY NW Y/) of Section Thirty -Three (33), Township Eleven (11), North <br />Range Nine (9), West of the 6th P.M., Hall County, Nebraska; and <br />WHEREAS, there are no protective covenants, restrictions, and conditions of record for <br />Rainbow Lake Second Subdivision, Rainbow Lake Third Subdivision, and Rainbow Lake Fourth <br />Subdivision, in Hall County, Nebraska; and <br />WHEREAS, it is the desire of the aforesaid Owners of Rainbow Lake Subdivision to <br />terminate the existing Protective Covenants, Restrictions, and Conditions for Rainbow Lake <br />Subdivision, in Hall County, Nebraska, recorded as Document No. 78- 005761, in the Office <br />of the Register of Deeds of Hall County, Nebraska, and establish one set of Protective <br />Covenants, Restrictions, and Conditions for Rainbow Lake Subdivision, Rainbow Lake Second <br />Subdivision, Rainbow Lake Third Subdivision, and Rainbow Lake Fourth Subdivision, in Hall <br />County, Nebraska, in order to establish uniformity and a desirable subdivision of dwelling <br />houses, and to encourage the sale of the remaining lots and construction of modern and <br />desirable dwelling houses; <br />NOW, THEREFORE, the Owners of Rainbow Lake Subdivision, Hall County, Nebraska, <br />terminate the Protective Covenants, Restrictions, and Conditions for Rainbow Lake Subdivision, <br />recorded in the Office of the Register of Deeds of Hall County. Nebraska, as Document No. 78- <br />005761, and replace them with the following protective covenants, restrictions, and <br />conditions, and in consideration thereof and the mutual benefits to be derived by the Owners <br />of said Rainbow Lake Subdivision, Rainbow Lake Second Subdivision, Rainbow Lake Third <br />Subdivision, and Rainbow Lake Fourth Subdivision, in Hall County, Nebraska, and any <br />purchaser or purchasers, their heirs, successors, personal representatives, and assigns, the <br />Owners hereby stipulate and agree that any and all lots in the aforementioned Subdivisions, <br />sold, given, transferred, and conveyed shall be, and the same are, subject to the following <br />protective covenants, restrictions, and conditions, all of which shall run with the land as <br />follows: <br />1 . All lots in the Rainbow Lake Subdivision, Rainbow Lake Second Subdivision, <br />Rainbow Lake Third Subdivision, and Rainbow Lake Fourth Subdivision, shall be zoned, <br />described, and used as residential lots. No apartment house, duplex or triplex shall be built on <br />any lot, nor shall any basement house be built on any lot. No dwelling shall be erected for <br />occupancy for more than one family, nor shall any dwelling be used for occupancy of more <br />than one family. No commercial or industrial enterprises shall be conducted or operated in said <br />Subdivisions. No lot or lots shall be divided or split to create smaller building areas, but lots <br />may be combined or combined and divided to establish larger building areas. <br />