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Now, T'HEREF'ORE, for and in consideration of the sum of $1.00 and other <br /> valuable consideration, Grantors hereby covenant, grant, gift, quit claim <br /> and convey to Grantee the right to restrict and the Grantors agree to limit <br /> and preclude the ownership, use, improvement and development of the <br /> following described properties under the conditions and covenants herein <br /> contained: <br /> 1. The Grantors agree that Parcels B, C and D as herein <br /> described will not be sold, leased or otherwise <br /> encumbered except as a single parcel. <br /> 2. The Grantors hereby grant to the Grantee an c <br /> easement over that portion of Parcels A andD eaccribed <br /> ere n ying easterly of the easterly right of way line <br /> of °aunty Awad No. 15 and Grantors, for themselves and <br /> k , <br /> their heirs, or assigns will not place permanent <br /> structures on that portion of Parcels A and D described <br /> herein lying easterly of the easterly right of way line <br /> NIt• ti of County Iniad #15, or construct any ingress or egress <br /> .,, entrance to any docks constructed an Brown's Bay, <br /> w Take Minnetonka, from said portion of Parcels A and D <br /> ii I described herein lying easterly of the easterly right <br /> of way line of County Road #15 nor will any permanent <br /> o parking of vehicles be permitted an that portion of <br /> Parcels A and D described herein lying easterly of <br /> btthe easterly right of way line of County Bead #15, <br /> r with the proviso that this restriction shall not <br /> prohibit the temporary parking of 'boats and cradles <br /> in the Spring and Fall to facilitate the launching <br /> and oval of teats. <br /> 14 le) <br /> • 3. Grantee hereby agrees that Grantors shall have a <br /> Conditional Use Permit for parking on that portion <br /> of Parcel A described herein lying westerly of the <br /> westerly right of way lines of County Road #15 to <br /> the extent necessary to meet parking requirements <br /> for one hundred eighteen (118) authorized rental <br /> slips. <br /> 4. Grantors agree not to construct and maintain more than <br /> forty (40) commercial slips on the Tanager Bay side of <br /> Parcels A, B, and C described herein and seventy-eight <br /> (78) commercial slips at the Bran's Bay side of Parcels <br /> A, B, C and D for a total of ane hundred eighteen (118) <br /> commercial slips. That ingress and egress to said slips <br /> shall be from Parcels B and C described herein. <br /> -4- <br /> 3883 T,,/R/d <br />