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200315719 may from time to time own, lease or otherwise have an interest in the Burdened Property or any portion thereof 3. Any of the foregoing restrictions may be waived, amended, modified, released or terminated at any time and from time to time by Declarant; provided, however, that Declarant shall not waive, amend, modify, release or terminate this Declaration without the prior written consent of PVSB during any time that PVSB or any affiliate of PVSB owns or occupies any portion of the Bank Property. In the event that neither PVSB nor any affiliate of PVSB owns or occupies any portion of the Bank Property, then in such event all rights and appurtenances created by this Declaration shall inure to the benefit of the single owner of the largest amount, collectively, of linear square footage of the lands included in the Bank Property, and all references in this Declaration shall be thereafter be deemed to refer to such owner. 4. The foregoing covenants, restrictions, agreements and easement (a) are imposed upon the Burdened Property for the benefit of the Bank Property and all portions thereof, (b) shall be effective for a period of 99 years from the date hereof, except as otherwise set forth herein and (c) shall be deemed restrictive covenants running with the land and shall be binding upon the Burdened Property and any person who may from time to time own, lease or otherwise have an interest in the Burdened Property or any portion thereof. 5. In the event of a breach or threatened breach of any term of this Declaration, PVSB and/or Declarant shall have the right to exercise any and all remedies afforded under law and at equity, including, without limitation the right to obtain injunctive relief. This Declaration is made in and shall be construed pursuant to the laws of the state in which the Burdened Property is located. [REMAINDER OF PAGE INTENTIONALLY BLANK; EXECUTION PAGE FOLLOWS] 4