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Where -1- is the year and month the Declaration was <br />recorded and -2- is the document number given the <br />Declaration upon recordation. <br />WHEREAS, the Owner, in the Purchase Agreement elected to either <br />participate in the rental pool, by having the Unit available for rent, lease or <br />sublease along with co- owners of other condominium units in the condominium <br />project known as "The Yancey ", or to reserve the right as set forth below to <br />occupy his /her Unit personally or to have the Unit occupied by Owner's <br />immediate family, business clients or employees. <br />WHEREAS, the Declaration requires all The Yancey residential <br />condominium units to be subject to a rental pool under the terms of this <br />Agreement until June 30, 1990. <br />NOW, THEREFORE, in consideration of the execution of the Purchase <br />Agreement herewith and the covenants and agreements set forth below, and <br />other valuable consideration, the parties agree as follows; <br />Use Restriction on Rental. <br />Until June 30, 1990, the Unit shall be rented, leased and subleased <br />through and placed in the The Yancey rental pool in accordance with the <br />terms set forth herein. <br />E)ehibit IV' <br />M <br />I <br />