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70. The Restrictive Covenant as executed by the Defendant and Plaintiffs' <br /> predecessor-in-interest,failed to express the parties' true intentions. <br /> 71. The failure to allow for development of the Lake Parcel in the future should <br /> circumstances change that would allow for development was the result of mutua] <br /> mistake by Defendant and Plaintiffs' predecessor-in-interest. <br /> 72. Circumstances have changed that would allow for development of the Lake <br /> Parcel, so Plaintiffs' made an application to the city for subdivision and approval <br /> of their building plans. Defendant has refused to approval Plaintiffs' application. <br /> 73. Plaintiffs cannot be sufficiently compensated except by specific performance or <br /> termination of the agreement and Plaintiff has no adequate remedy at law. <br /> COUNT VII <br /> FAILURE TO llISCLOSE MATERIAL FACTS <br /> 74. Plaintiffs restate and reallege paragraphs 1 through 73 of the Complaint. <br /> 75. Defendant failed to disclose material facts to Plaintiffs' predecessor-in-interest,by <br /> representing to Plaintiffs' predecessor-in-interest that even though the purpose of <br /> the Restrictive Covenant was to allow for a dock Defendant would later use the <br /> Restrictive Agreement to prevent building in the future, even if circumstances <br /> changed, and used the Restrictive Covenant as an attempt to resolve the lift station <br /> access issue as to the Lake Parcel. <br /> 76. Upon information and belief, at the tirne Defendant made these representations to <br /> Plaintiffs' predecessor-in-interest, it knew they were false. <br /> 77. Upon information and belief, Defendant had knowledge of the reasons why it <br /> \ wanted to enter into the Restrictive Covenant, but did not inform Plaintiffs' <br /> predecessor-in-interest. <br /> 78. Plaintiffs' have been damaged by Defendant's failure to disclose this information <br /> in an amount to be proven at trial. <br /> COUNT VIII <br /> FRAUD/FRAUDULENT MISREPRESENTATION <br /> 79. Plaintiffs restate and reallege Paragraphs 1 through 78 of the Complaint. <br /> 8 <br />