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1.4 No Irr�plied Waiver. Na failure by the l.ot 2 Owners or any of them to insist <br /> upan the strict performance of any Restriction contained in this Declaration, no failure <br /> by the l.at 2 Owners or any of them to exercise any right or remedy under this <br /> Declaration, and no acceptance of full or partia{ performance during the continuance of <br /> any default, shall constitute a waiver of any such Restriction or waiver of any such right <br /> or remedy or a waiver by the Lot 2 Owners or any of them of any such default. <br /> 1.4 No Third-Partv Beneficiaries. None of the Restrictions shall be deemec3 to <br /> be for the benefit of any person or entity other than the Lot 2 Owners, from time ta time, <br /> and no other person or entity shall be entitled to rely on or enforce the Restrictions in <br /> any manner. <br /> 2. GENERAL <br /> 2.1 Na Oral Amendment of Modifications. No amendments, waivers or <br /> modificat�ons of the terms and provisions contained in this Declaration, and no <br /> acceptances, consents or waivers by the Lot 2 �wners, shall be valid or binding unless <br /> in writing and executed by the parky to be bound thereby. Any Restriction in this <br /> Declaration may be terminated, extertded, modified or amended, as to thE whole of the <br /> Restricted Zone or any portion thereof, only by the written consent of the then Owners <br /> of fee title to Lot 2. Na such termination, extension, modification or amendment shall be <br /> effective unless and until a proper instrument in writing has been executed and <br /> recorded in the real estate records of the Registrar of Titles of Hennepin County, <br /> Minnesota. <br /> 2.2 Severabilitv. If any provision of this Declaration shall be held invalid, <br /> illegal or unenforceable, it shall not affect ar impair the validity, legality of enforceability <br /> of any other provision of this Declaration, and it is the intent vf the Declarants that there <br /> shall be substituted for the affected provision a valid and enfarceable provision as <br /> similar as possible to the affected provision. <br /> 3 <br />