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#334 <br />DEED <br />N L. KELLEY (Vendors) <br />;. (Vendee) <br />t is not then <br />tsts to the City <br />>lat of said land, <br />to Vendors, and <br />I approximately <br />red in said approval <br />hereunder. Vendors, <br />!iereof, shall join <br />covenants covering <br />ecorded all at <br />ive Vendee the right <br />Vendee's surveyors, <br />surveying and soil <br />1 promptly pay for <br />dors and said land <br />or encumbrances <br />ragraph. <br />and hereunder, <br />said land, including <br />less Vendee has <br />such work in an <br />agree to waive <br />#334 <br />the preceding requirement in the event the Vendee provides the <br />City of Orono with a bond or letter of credit reasonably acceptable <br />to Vendors and in an amount equal to 150% of the work to be done <br />under this paragraph. Prior to conveyance of a part of said land <br />hereunder. Vendee shall not cause, suffer or permit any residential <br />construction thereon. Provided Vendee has otherwise complied with <br />the provisions of this Paragraph 2. (regarding an escrow, a bond or <br />a letter of credit), Vendee may remove brush and undergrowth within <br />any dedicated roadway and easement areas, and may grade and level <br />such roadway areas for purposes of road construction. With prior <br />permission of Vendors, Vendee may deposit topsoil removed from <br />such roadways on the platted lots. Prior to conveyance of a part <br />of said land hereunder, and except as is otherwise provided in the <br />preceding two sentences of this Paragraph 2., no dirt or gravel or <br />fill of any kind shall be removed from that part of said land with­ <br />out the prior written consent of the Vendors. Vendee shall prong>tly <br />pay for any and all such work (unless and to the extent the costs <br />of the same are otherwise provided for herein under an escrow account), <br />and shall hold Vendors and said land harmless from any and all claims, <br />liens, charges or encximbrances resulting from Vendee's activities under <br />this paragraph. All work done by Vendee under this paragraph shall <br />be done in such a manner as to provide that roadway and utility <br />access, drainage and ability to provide for future development of sewers <br />fot al^ of said land is fully protected. <br />3, After the recording of a final plat to said land, and <br />provided Vendee is not then in default hereunder. Vendee shall be <br />entitled to the conveyance of one lot for the payment of Ten Thousand <br />and No/100 Dollars ($10,000.00) principal, in addition to the <br />Twenty-nine Thousand and Ko/lOO Dollars ($29,000.00) paid as of <br />the date hereof, and shall be entitled to the conveyance of additional <br />.-3 <br />( y <br />; <br />I <br />. j <br />kV t ■ ■ J <br />I <br />-2-